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Badger Meter Inc

BMI
Exchange
NYSE
Industry
Totalizing Fluid Meters & Counting Devices
SEC CIK
0000009092

In the last 90 days, Badger Meter Inc insiders filed 1 open-market purchase and 0 sales; 483 institutions reported holding it in 13F filings for Q2 2026, worth $4.86B in total; Fundsmith is the only superinvestor holding it.

13F holders, Q3 2025

Institutional positions in Badger Meter Inc as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
480
−45 vs. Q2 2025
Shares held
28.4M
+519.7K (+1.9%) vs. Q2 2025
Total value
$5.06B
−$1.75B (−25.7%) vs. Q2 2025
New holders
54
171 more added
Sold out
99
195 more reduced

11 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BMI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 480 institutions
Q1 2021: 263 institutionsQ2 2021: 249 institutionsQ3 2021: 257 institutionsQ4 2021: 273 institutionsQ1 2022: 286 institutionsQ2 2022: 272 institutionsQ3 2022: 281 institutionsQ4 2022: 310 institutionsQ1 2023: 324 institutionsQ2 2023: 355 institutionsQ3 2023: 374 institutionsQ4 2023: 395 institutionsQ1 2024: 415 institutionsQ2 2024: 451 institutionsQ3 2024: 477 institutionsQ4 2024: 490 institutionsQ1 2025: 497 institutionsQ2 2025: 536 institutionsQ3 2025: 480 institutionsQ4 2025: 490 institutionsQ1 2026: 477 institutionsQ2 2026: 483 institutions
Value heldQ3 2025: $5.06B
Q1 2021: $2.36BQ2 2021: $2.48BQ3 2021: $2.56BQ4 2021: $3.05BQ1 2022: $2.53BQ2 2022: $2.07BQ3 2022: $2.37BQ4 2022: $2.74BQ1 2023: $3.13BQ2 2023: $3.82BQ3 2023: $3.77BQ4 2023: $4.06BQ1 2024: $4.25BQ2 2024: $4.90BQ3 2024: $5.75BQ4 2024: $5.72BQ1 2025: $5.33BQ2 2025: $6.92BQ3 2025: $5.06BQ4 2025: $5.17BQ1 2026: $4.63BQ2 2026: $4.86B
Institutions holding BMI and their total value by quarter
QuarterHoldersValue
Q2 2026483$4.86B
Q1 2026477$4.63B
Q4 2025490$5.17B
Q3 2025480$5.06B
Q2 2025536$6.92B
Q1 2025497$5.33B
Q4 2024490$5.72B
Q3 2024477$5.75B
Q2 2024451$4.90B
Q1 2024415$4.25B
Q4 2023395$4.06B
Q3 2023374$3.77B
Q2 2023355$3.82B
Q1 2023324$3.13B
Q4 2022310$2.74B
Q3 2022281$2.37B
Q2 2022272$2.07B
Q1 2022286$2.53B
Q4 2021273$3.05B
Q3 2021257$2.56B
Q2 2021249$2.48B
Q1 2021263$2.36B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q2 2025.

Institutions holding BMI in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Gibbs Wealth Management0$00.00%−4,875−100.0%Sold out
XTX Topco Ltd0$00.00%−4,631−100.0%Sold out
Robeco Institutional Asset Management B.V.0$00.00%−4,566−100.0%Sold out
Quadrature Capital Ltd0$00.00%−4,534−100.0%Sold out
Acadian Asset Management LLC0$00.00%−4,504−100.0%Sold out
Horizon Investments, LLC0$00.00%−4,349−100.0%Sold out
Dakota Wealth Management0$00.00%−3,976−100.0%Sold out
Susquehanna Fundamental Investments, LLC0$00.00%−3,506−100.0%Sold out
Centiva Capital, LP0$00.00%−3,161−100.0%Sold out
Empirical Asset Management, LLC0$00.00%−2,917−100.0%Sold out
Virtu Financial LLC0$00.00%−2,804−100.0%Sold out
TownSquare Capital, LLC0$00.00%−2,800−100.0%Sold out
FORA Capital, LLC0$00.00%−2,768−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−2,680−100.0%Sold out
Vestmark Advisory Solutions, Inc.0$00.00%−2,617−100.0%Sold out
Norden Group LLC0$00.00%−2,459−100.0%Sold out
Alamea Verwaltungs GmbH0$00.00%−2,326−100.0%Sold out
Susquehanna Portfolio Strategies, LLC0$00.00%−1,694−100.0%Sold out
EntryPoint Capital, LLC0$00.00%−1,669−100.0%Sold out
Scientech Research LLC0$00.00%−1,576−100.0%Sold out
Virginia Retirement Systems Et Al0$00.00%−1,400−100.0%Sold out
Shelton Capital Management0$00.00%−1,375−100.0%Sold out
Pinnacle Wealth Planning Services, Inc.0$00.00%−1,235−100.0%Sold out
Farringdon Capital, Ltd.0$00.00%−1,153−100.0%Sold out
Seeds Investor LLC0$00.00%−1,125−100.0%Sold out
Institute for Wealth Management, LLC.0$00.00%−1,077−100.0%Sold out
Callan Family Office, LLC0$00.00%−1,061−100.0%Sold out
Park Capital Management, LLC0$00.00%−1,061−100.0%Sold out
Gallacher Capital Management LLC0$00.00%−1,039−100.0%Sold out
Savant Capital, LLC0$00.00%−1,033−100.0%Sold out
Hodges Capital Management Inc.0$00.00%−1,025−100.0%Sold out
Pacific Sun Financial Corp0$00.00%−1,020−100.0%Sold out
Strong Tower Advisory Services0$00.00%−1,018−100.0%Sold out
Sage Rhino Capital LLC0$00.00%−1,010−100.0%Sold out
Associated Banc-Corp0$00.00%−1,000−100.0%Sold out
Security National Bank of So Dak0$00.00%−1,000−100.0%Sold out
Fifth Third Wealth Advisors LLC0$00.00%−981−100.0%Sold out
CIBC Asset Management Inc0$00.00%−948−100.0%Sold out
Versor Investments LP0$00.00%−903−100.0%Sold out
Planning Center, Inc.0$00.00%−901−100.0%Sold out
Jag Capital Management, LLC0$00.00%−890−100.0%Sold out
RWC Asset Management LLP0$00.00%−884−100.0%Sold out
626 Financial, LLC0$00.00%−880−100.0%Sold out
Glenmede Investment Management, LP0$00.00%−843−100.0%Sold out
Wetherby Asset Management Inc0$00.00%−829−100.0%Sold out
Greenleaf Trust0$00.00%−825−100.0%Sold out
Financial Advisory Service, Inc.0$00.00%−822−100.0%Sold out
M&T Bank Corp0$00.00%−817−100.0%Sold out
BI Asset Management Fondsmaeglerselskab A/S0$00.00%−683−100.0%Sold out
Gitterman Wealth Management, LLC0$00.00%−423−100.0%Sold out
GeoWealth Management, LLC0$00.00%−310−100.0%Sold out
Penserra Capital Management LLC0$00.00%−270−100.0%Sold out
Princeton Global Asset Management LLC0$00.00%−237−100.0%Sold out
Employees Retirement System of Texas0$00.00%−219−100.0%Sold out
Towarzystwo Funduszy Inwestycyjnych Pzu SA0$00.00%−220−100.0%Sold out
Macquarie Group Ltd0$00.00%−138−100.0%Sold out
Skopos Labs, Inc.0$00.00%−101−100.0%Sold out
Ancora Advisors, LLC0$00.00%−100−100.0%Sold out
SRS Capital Advisors, Inc.0$00.00%−56−100.0%Sold out
Twin Peaks Wealth Advisors, LLC0$00.00%−76−100.0%Sold out
Quarry LP0$00.00%−38−100.0%Sold out
Kestra Investment Management, LLC0$00.00%−45−100.0%Sold out
Hillsdale Investment Management Inc.0$00.00%−30−100.0%Sold out
Thurston, Springer, Miller, Herd & Titak, Inc.0$00.00%−29−100.0%Sold out
Spire Wealth Management0$00.00%−25−100.0%Sold out
New Millennium Group LLC0$00.00%−25−100.0%Sold out
Geneos Wealth Management Inc.0$00.00%−23−100.0%Sold out
True Wealth Design, LLC0$00.00%−15−100.0%Sold out
Annis Gardner Whiting Capital Advisors, LLC0$00.00%−10−100.0%Sold out
Park Square Financial Group, LLC0$00.00%−10−100.0%Sold out
Center for Financial Planning, Inc.0$00.00%−7−100.0%Sold out
Wolff Wiese Magana LLC0$00.00%−5−100.0%Sold out
Aspect Partners, LLC0$00.00%−5−100.0%Sold out
Stephens Consulting, LLC0$00.00%−3−100.0%Sold out
PEAK6 LLC0$00.00%−3−100.0%Sold out
South State Corp.0$00.00%−2−100.0%Sold out
Raleigh Capital Management Inc.0$00.00%−1−100.0%Sold out
WealthTrak Capital Management LLC0$00.00%−1−100.0%Sold out
Kozak & Associates, Inc.0$00.00%0Sold out
Norges Bank––––Not filed
Congress Wealth Management LLC––––Not filed
Scott Marsh Financial, LLC––––Not filed
CIBC World Markets Corp––––Not filed
Teton Advisors, Inc.––––Not filed
TFG Advisers LLC––––Not filed
Atria Wealth Solutions, Inc.––––Not filed
First Horizon Advisors, Inc.––––Not filed
Oliver Lagore Vanvalin Investment Group––––Not filed
Capital A Wealth Management, LLC––––Not filed
Parkworth Wealth Management, Inc.––––Not filed