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, Q4 2025
Institutional positions in Badger Meter Inc as of Dec 31, 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
- 490
- +16 vs. Q3 2025
- Shares held
- 29.6M
- +1.24M (+4.4%) vs. Q3 2025
- Total value
- $5.17B
- +$104.3M (+2.1%) vs. Q3 2025
- New holders
- 62
- 186 more added
- Sold out
- 46
- 177 more reduced
6 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 483 | $4.86B |
| Q1 2026 | 477 | $4.63B |
| Q4 2025 | 490 | $5.17B |
| Q3 2025 | 480 | $5.06B |
| Q2 2025 | 536 | $6.92B |
| Q1 2025 | 497 | $5.33B |
| Q4 2024 | 490 | $5.72B |
| Q3 2024 | 477 | $5.75B |
| Q2 2024 | 451 | $4.90B |
| Q1 2024 | 415 | $4.25B |
| Q4 2023 | 395 | $4.06B |
| Q3 2023 | 374 | $3.77B |
| Q2 2023 | 355 | $3.82B |
| Q1 2023 | 324 | $3.13B |
| Q4 2022 | 310 | $2.74B |
| Q3 2022 | 281 | $2.37B |
| Q2 2022 | 272 | $2.07B |
| Q1 2022 | 286 | $2.53B |
| Q4 2021 | 273 | $3.05B |
| Q3 2021 | 257 | $2.56B |
| Q2 2021 | 249 | $2.48B |
| Q1 2021 | 263 | $2.36B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Argent Capital Management LLC | 8,525 | $1.49M | 0.04% | −6,377−42.8% | Reduced |
| Amalgamated Bank | 8,570 | $1.50M | 0.01% | +137+1.6% | Added |
| CBOE Vest Financial, LLC | 8,646 | $1.51M | 0.02% | +8,646 | New |
| Pathstone Holdings, LLC | 8,884 | $1.55M | 0.01% | −1,760−16.5% | Reduced |
| The PNC Financial Services Group, Inc. | 8,943 | $1.56M | 0.00% | −829−8.5% | Reduced |
| Hantz Financial Services, Inc. | 8,949 | $1.56M | 0.02% | +8,893+15,880.4% | Added |
| Raiffeisen Bank International AG | 9,000 | $1.60M | 0.02% | +4,000+80.0% | Added |
| Essex Investment Management Co LLC | 9,358 | $1.63M | 0.25% | +1,481+18.8% | Added |
| MML Investors Services, LLC | 9,454 | $1.65M | 0.00% | +865+10.1% | Added |
| Cim, LLC | 9,493 | $1.66M | 0.22% | +171+1.8% | Added |
| Los Angeles Capital Management LLC | 9,283 | $1.68M | 0.01% | 00.0% | Unchanged |
| Squarepoint Ops LLC | 9,951 | $1.74M | 0.00% | −133,685−93.1% | Reduced |
| Mitsubishi UFJ Asset Management (UK) Ltd. | 10,000 | $1.74M | 0.85% | +2,000+25.0% | Added |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 10,190 | $1.78M | 0.06% | −441−4.1% | Reduced |
| Abacus Wealth Partners, LLC | 10,205 | $1.78M | 0.17% | +10,205 | New |
| Vontobel Holding Ltd. | 10,429 | $1.82M | 0.01% | +1,398+15.5% | Added |
| ExodusPoint Capital Management, LP | 10,552 | $1.84M | 0.02% | −25,736−70.9% | Reduced |
| State of Tennessee, Treasury Department | 12,835 | $1.88M | 0.01% | −1,061−7.6% | Reduced |
| Truist Financial Corp | 10,874 | $1.90M | 0.00% | +1,200+12.4% | Added |
| Kestra Advisory Services, LLC | 10,946 | $1.91M | 0.01% | +4,673+74.5% | Added |
| Numerai GP LLC | 10,967 | $1.91M | 0.23% | −4,191−27.6% | Reduced |
| Martingale Asset Management L P | 11,311 | $1.97M | 0.05% | +200+1.8% | Added |
| Bank of Montreal | 11,534 | $2.01M | 0.00% | +2,945+34.3% | Added |
| New York State Teachers Retirement System | 11,634 | $2.03M | 0.00% | 00.0% | Unchanged |
| Agf Management Ltd | 11,761 | $2.05M | 0.01% | −547−4.4% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 11,814 | $2.06M | 0.00% | 00.0% | Unchanged |
| Montanaro Asset Management Ltd | 12,000 | $2.09M | 0.58% | 00.0% | Unchanged |
| Lazard Asset Management LLC | 12,096 | $2.11M | 0.00% | −2,636−17.9% | Reduced |
| Fideuram - Intesa Sanpaolo Private Banking S.P.A. | 12,192 | $2.13M | 0.08% | +12,192 | New |
| State of New Jersey Common Pension Fund D | 12,537 | $2.19M | 0.01% | +942+8.1% | Added |
| FMR LLC | 12,556 | $2.19M | 0.00% | +30+0.2% | Added |
| Linden Thomas Advisory Services, LLC | 12,728 | $2.22M | 0.22% | −163−1.3% | Reduced |
| Annex Advisory Services, LLC | 12,800 | $2.23M | 0.04% | −39−0.3% | Reduced |
| Summit Financial, LLC | 13,038 | $2.27M | 0.03% | +262+2.1% | Added |
| SEI Investments Co | 13,336 | $2.33M | 0.00% | −1,771−11.7% | Reduced |
| Stifel Financial Corp | 13,466 | $2.35M | 0.00% | +599+4.7% | Added |
| Louisiana State Employees Retirement System | 13,500 | $2.35M | 0.04% | 00.0% | Unchanged |
| Voya Investment Management LLC | 13,618 | $2.38M | 0.00% | −1,467−9.7% | Reduced |
| Bridges Investment Management Inc | 13,786 | $2.40M | 0.03% | −3,034−18.0% | Reduced |
| Carderock Capital Management Inc | 14,010 | $2.44M | 0.59% | −4,482−24.2% | Reduced |
| Manufacturers Life Insurance Company, The | 14,495 | $2.53M | 0.00% | −581−3.9% | Reduced |
| Citadel Advisors LLC | 14,607 | $2.55M | 0.00% | −5,983−29.1% | Reduced |
| DnB Asset Management AS | 14,628 | $2.55M | 0.01% | +5,005+52.0% | Added |
| State of Alaska, Department of Revenue | 15,006 | $2.62M | 0.03% | +177+1.2% | Added |
| Trillium Asset Management, LLC | 14,558 | $2.65M | 0.08% | −4,140−22.1% | Reduced |
| XXEC, Inc. | 15,381 | $2.68M | 2.68% | −2,317−13.1% | Reduced |
| Russell Investments Group, Ltd. | 15,390 | $2.68M | 0.00% | −128−0.8% | Reduced |
| Tower View Investment Management & Research LLC | 15,887 | $2.77M | 1.37% | +373+2.4% | Added |
| Illinois Municipal Retirement Fund | 16,057 | $2.80M | 0.04% | −3,812−19.2% | Reduced |
| Farrow Financial Inc. | 16,152 | $2.82M | 1.62% | −215−1.3% | Reduced |
| Victory Capital Management Inc | 16,252 | $2.83M | 0.00% | −15,084−48.1% | Reduced |
| MetLife Investment Management | 16,604 | $2.90M | 0.01% | −779−4.5% | Reduced |
| Old Second National Bank of Aurora | 17,310 | $3.02M | 0.60% | +166+1.0% | Added |
| BLI - Banque de Luxembourg Investments | 17,000 | $3.03M | 0.09% | +3,000+21.4% | Added |
| Comerica Bank | 18,750 | $3.27M | 0.01% | +9,306+98.5% | Added |
| Assenagon Asset Management S.A. | 19,170 | $3.34M | 0.01% | −1,318−6.4% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 18,932 | $3.44M | 0.00% | −47−0.2% | Reduced |
| Creative Planning | 19,860 | $3.46M | 0.00% | +2,400+13.7% | Added |
| Cardinal Capital Management | 20,165 | $3.52M | 0.47% | +75+0.4% | Added |
| Thrivent Financial for Lutherans | 20,250 | $3.53M | 0.01% | −1,010−4.8% | Reduced |
| Segall Bryant & Hamill, LLC | 20,828 | $3.63M | 0.05% | +2,657+14.6% | Added |
| Baird Financial Group, Inc. | 20,994 | $3.66M | 0.01% | −3,093−12.8% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 21,380 | $3.73M | 0.01% | −93−0.4% | Reduced |
| Vident Advisory, LLC | 21,855 | $3.81M | 0.04% | +1,386+6.8% | Added |
| SG Americas Securities, LLC | 22,275 | $3.88M | 0.01% | +14,572+189.2% | Added |
| Advisors Asset Management, Inc. | 22,423 | $3.91M | 0.07% | −3,365−13.0% | Reduced |
| Intech Investment Management LLC | 22,945 | $4.00M | 0.04% | −14,901−39.4% | Reduced |
| Dorsey & Whitney Trust CO LLC | 24,018 | $4.19M | 0.22% | +37+0.2% | Added |
| Needham Investment Management LLC | 25,000 | $4.36M | 0.28% | +10,000+66.7% | Added |
| HSBC Holdings PLC | 24,934 | $4.40M | 0.00% | +7,259+41.1% | Added |
| Hennion & Walsh Asset Management, Inc. | 25,366 | $4.42M | 0.15% | +1,413+5.9% | Added |
| State of Wisconsin Investment Board | 26,124 | $4.56M | 0.01% | −423−1.6% | Reduced |
| Northstar Asset Management Inc | 26,291 | $4.59M | 1.18% | +1,066+4.2% | Added |
| US Bancorp | 26,468 | $4.62M | 0.01% | −991−3.6% | Reduced |
| Prudential Financial Inc | 27,511 | $4.80M | 0.01% | −2,041−6.9% | Reduced |
| UniSuper Management Pty Ltd | 27,523 | $4.80M | 0.03% | −20,943−43.2% | Reduced |
| California State Teachers Retirement System | 28,096 | $4.90M | 0.00% | +307+1.1% | Added |
| American Century Companies Inc | 28,607 | $4.99M | 0.00% | +20,662+260.1% | Added |
| Meiji Yasuda Asset Management Co Ltd. | 28,818 | $5.03M | 0.24% | +11,896+70.3% | Added |
| AQR Capital Management LLC | 28,880 | $5.04M | 0.00% | +1,213+4.4% | Added |
| Advisor Group Holdings, Inc. | 29,627 | $5.17M | 0.01% | −1,231−4.0% | Reduced |
| New York State Common Retirement Fund | 29,687 | $5.18M | 0.01% | +111+0.4% | Added |
| Ci Investments Inc. | 30,077 | $5.25M | 0.02% | +3,609+13.6% | Added |
| Great West Life Assurance Co | 30,777 | $5.36M | 0.01% | −6,433−17.3% | Reduced |
| Teacher Retirement System of Texas | 31,434 | $5.48M | 0.02% | +2,776+9.7% | Added |
| Capital Fund Management S.A. | 31,474 | $5.49M | 0.05% | +5,667+22.0% | Added |
| Bridge City Capital, LLC | 31,493 | $5.49M | 1.61% | −3,656−10.4% | Reduced |
| Two Sigma Investments, LP | 32,158 | $5.61M | 0.01% | +26,004+422.6% | Added |
| Van Eck Associates Corp | 32,919 | $5.74M | 0.00% | +461+1.4% | Added |
| Perpetual Ltd | 33,289 | $5.81M | 0.08% | −8,446−20.2% | Reduced |
| Palisades Investment Partners, LLC | 33,945 | $5.92M | 2.24% | −241−0.7% | Reduced |
| Bryn Mawr Trust Co | 34,284 | $5.98M | 0.14% | +10.0% | Added |
| LPL Financial LLC | 34,573 | $6.03M | 0.00% | +876+2.6% | Added |
| Erste Asset Management GmbH | 35,623 | $6.34M | 0.05% | +14,621+69.6% | Added |
| D. E. Shaw & Co., Inc. | 37,789 | $6.59M | 0.01% | −17,931−32.2% | Reduced |
| KLP Kapitalforvaltning AS | 38,600 | $6.73M | 0.03% | +1,800+4.9% | Added |
| Capital Innovations LLC | 39,375 | $6.87M | 1.96% | +39,375 | New |
| Natixis Advisors, L.P. | 39,970 | $6.97M | 0.01% | +422+1.1% | Added |
| Alliancebernstein L.P. | 41,890 | $7.31M | 0.00% | +3,016+7.8% | Added |
| Candriam Luxembourg S.C.A. | 47,297 | $8.25M | 0.04% | +5,230+12.4% | Added |