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 |
|---|---|---|---|---|---|
| Alta Capital Management LLC | 47,749 | $8.33M | 0.55% | +47,749 | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 47,356 | $8.40M | 0.01% | +4,588+10.7% | Added |
| Mirova | 48,840 | $8.52M | 1.23% | −331−0.7% | Reduced |
| Cerity Partners LLC | 49,760 | $8.68M | 0.01% | −2,613−5.0% | Reduced |
| RMB Capital Management, LLC | 50,181 | $8.75M | 0.15% | +1,346+2.8% | Added |
| BNP Paribas Arbitrage, SA | 50,226 | $8.76M | 0.01% | −10,994−18.0% | Reduced |
| California Public Employees Retirement System | 51,382 | $8.96M | 0.01% | −1,838−3.5% | Reduced |
| Duff & Phelps Investment Management Co | 51,938 | $9.06M | 0.10% | −1,123−2.1% | Reduced |
| Warren Averett Asset Management, LLC | 54,501 | $9.51M | 0.08% | +477+0.9% | Added |
| Barclays PLC | 55,501 | $9.68M | 0.00% | −12,790−18.7% | Reduced |
| Swiss Life Asset Management Ltd | 55,988 | $9.76M | 0.05% | +6,002+12.0% | Added |
| Swiss National Bank | 58,200 | $10.2M | 0.01% | +1,100+1.9% | Added |
| Man Group plc | 62,258 | $10.9M | 0.02% | −13,482−17.8% | Reduced |
| Deutsche Bank AG | 62,737 | $10.9M | 0.00% | +16,490+35.7% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 63,622 | $11.1M | 0.02% | −20,512−24.4% | Reduced |
| Janus Henderson Group PLC | 65,507 | $11.4M | 0.01% | +45,262+223.6% | Added |
| Triodos Investment Management BV | 65,000 | $11.6M | 0.84% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 73,152 | $12.8M | 0.00% | −47,003−39.1% | Reduced |
| ProShare Advisors LLC | 75,858 | $13.2M | 0.02% | +3,542+4.9% | Added |
| Commonwealth Equity Services, LLC | 76,599 | $13.4M | 0.02% | +6,111+8.7% | Added |
| La Banque Postale Asset Management SA | 77,078 | $13.4M | 0.16% | +39,365+104.4% | Added |
| UBS Asset Management Americas Inc | 78,301 | $13.7M | 0.00% | +412+0.5% | Added |
| Alps Advisors Inc | 79,202 | $13.8M | 0.08% | −3,366−4.1% | Reduced |
| Dudley & Shanley, Inc. | 82,695 | $14.4M | 2.32% | +82,695 | New |
| Wells Fargo & Company | 85,033 | $14.8M | 0.00% | +17,438+25.8% | Added |
| Rodgers Brothers Inc. | 85,437 | $14.9M | 1.78% | −821−1.0% | Reduced |
| EULAV Asset Management | 91,200 | $15.9M | 0.42% | 00.0% | Unchanged |
| Ofi Invest Asset Management | 107,716 | $16.0M | 0.23% | −1,598−1.5% | Reduced |
| Gamco Investors, Inc. Et Al | 93,725 | $16.3M | 0.16% | +250+0.3% | Added |
| Handelsbanken Fonder AB | 95,662 | $16.7M | 0.05% | +50,949+113.9% | Added |
| Qube Research & Technologies Ltd | 97,619 | $17.0M | 0.02% | −53,467−35.4% | Reduced |
| Jupiter Asset Management Ltd | 100,526 | $17.5M | 0.14% | +20,287+25.3% | Added |
| Congress Asset Management Co | 101,233 | $17.7M | 0.12% | +13,011+14.7% | Added |
| Brown Capital Management LLC | 101,519 | $17.7M | 1.45% | −108,225−51.6% | Reduced |
| Public Sector Pension Investment Board | 102,032 | $17.8M | 0.06% | −12,939−11.3% | Reduced |
| Gabelli Funds LLC | 102,550 | $17.9M | 0.12% | +500.0% | Added |
| Mairs & Power Inc | 102,813 | $17.9M | 0.17% | −1,046−1.0% | Reduced |
| Grantham, Mayo, Van Otterloo & Co. LLC | 105,919 | $18.5M | 0.05% | +13,083+14.1% | Added |
| Select Equity Group, L.P. | 107,870 | $18.8M | 0.09% | +24,684+29.7% | Added |
| Allianz Asset Management GmbH | 108,839 | $19.0M | 0.02% | −7,671−6.6% | Reduced |
| Rhumbline Advisers | 111,818 | $19.5M | 0.02% | −7,747−6.5% | Reduced |
| Envestnet Asset Management Inc | 112,349 | $19.6M | 0.01% | +24,191+27.4% | Added |
| Standard Life Aberdeen plc | 113,025 | $19.7M | 0.03% | −90.0% | Reduced |
| DF Dent & Co Inc | 121,832 | $21.2M | 0.31% | −6,131−4.8% | Reduced |
| Raymond James Financial Inc | 120,421 | $21.4M | 0.01% | −165−0.1% | Reduced |
| Bank of America Corp | 125,408 | $21.9M | 0.00% | −12,960−9.4% | Reduced |
| Conestoga Capital Advisors, LLC | 130,393 | $22.7M | 0.38% | +130,393 | New |
| Tudor Investment Corp Et Al | 130,911 | $22.8M | 0.13% | +23,984+22.4% | Added |
| Fundsmith Investment Services Ltd. | 132,631 | $23.1M | 0.42% | +132,631 | New |
| Storebrand Asset Management AS | 133,444 | $23.3M | 0.06% | −933−0.7% | Reduced |
| Nuveen, LLC | 136,406 | $23.8M | 0.01% | +6,445+5.0% | Added |
| Renaissance Technologies LLC | 138,400 | $24.1M | 0.04% | −58,800−29.8% | Reduced |
| Robeco Schweiz AG | 139,222 | $24.3M | 0.54% | +65,624+89.2% | Added |
| Millennium Management LLC | 140,456 | $24.5M | 0.02% | −34,926−19.9% | Reduced |
| DekaBank Deutsche Girozentrale | 137,060 | $27.9M | 0.05% | 00.0% | Unchanged |
| Voloridge Investment Management, LLC | 162,962 | $28.4M | 0.10% | +32,097+24.5% | Added |
| Bessemer Group Inc | 166,407 | $29.0M | 0.04% | +20,624+14.1% | Added |
| Toroso Investments, LLC | 166,908 | $29.1M | 0.12% | +66,208+65.7% | Added |
| Arrowstreet Capital, Limited Partnership | 174,899 | $30.5M | 0.02% | +68,614+64.6% | Added |
| Principal Financial Group Inc | 175,498 | $30.6M | 0.02% | +10,496+6.4% | Added |
| Royal Bank of Canada | 178,560 | $31.1M | 0.01% | −48,776−21.5% | Reduced |
| Franklin Resources Inc | 178,843 | $31.2M | 0.01% | +138,434+342.6% | Added |
| Legal & General Group Plc | 178,844 | $31.2M | 0.01% | −660.0% | Reduced |
| Belpointe Asset Management LLC | 178,960 | $31.2M | 1.13% | −205−0.1% | Reduced |
| Bank of New York Mellon Corp | 210,216 | $36.7M | 0.01% | −25,942−11.0% | Reduced |
| Rockefeller Capital Management L.P. | 212,285 | $37.0M | 0.07% | +71,195+50.5% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 248,467 | $43.3M | 0.06% | +4,833+2.0% | Added |
| Price T Rowe Associates Inc | 249,620 | $43.5M | 0.00% | +3,629+1.5% | Added |
| Bowen Hanes & Co Inc | 257,280 | $44.9M | 1.13% | +198,305+336.3% | Added |
| Marshall Wace, LLP | 280,157 | $48.9M | 0.05% | +88,126+45.9% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 280,557 | $48.9M | 0.13% | −7,089−2.5% | Reduced |
| Bamco Inc | 300,046 | $52.3M | 0.14% | +45,623+17.9% | Added |
| Northern Trust Corp | 304,555 | $53.1M | 0.01% | −16,930−5.3% | Reduced |
| Charles Schwab Investment Management Inc | 316,331 | $55.2M | 0.01% | −433−0.1% | Reduced |
| Neuberger Berman Group LLC | 341,350 | $59.5M | 0.04% | −20,148−5.6% | Reduced |
| First Trust Advisors LP | 361,926 | $63.1M | 0.05% | +100,635+38.5% | Added |
| JPMorgan Chase & Co | 386,287 | $67.4M | 0.00% | −116,884−23.2% | Reduced |
| Goldman Sachs Group Inc | 399,927 | $69.8M | 0.01% | +7,867+2.0% | Added |
| Amundi | 413,987 | $72.2M | 0.02% | +12,319+3.1% | Added |
| Norges Bank | 480,588 | $83.8M | 0.01% | +480,588 | New |
| Boston Trust Walden Corp | 507,692 | $88.5M | 0.67% | +177,653+53.8% | Added |
| Dimensional Fund Advisors LP | 510,649 | $89.1M | 0.02% | +47,467+10.2% | Added |
| UBS Group AG | 712,650 | $124.3M | 0.02% | +335,953+89.2% | Added |
| Morgan Stanley | 720,969 | $125.7M | 0.01% | −31,303−4.2% | Reduced |
| Pictet Asset Management Holding SA | 754,402 | $131.6M | 0.13% | +212,448+39.2% | Added |
| Invesco Ltd. | 766,093 | $133.6M | 0.01% | −204,126−21.0% | Reduced |
| Geode Capital Management, LLC | 876,854 | $153.0M | 0.01% | +4,035+0.5% | Added |
| State Street Corp | 1,458,574 | $254.4M | 0.01% | +55,589+4.0% | Added |
| Vanguard Group Inc | 3,979,893 | $694.1M | 0.01% | +19,585+0.5% | Added |
| BlackRock, Inc. | 5,129,382 | $894.6M | 0.02% | −71,881−1.4% | Reduced |
| T. Rowe Price Investment Management, Inc. | 0 | $0 | 0.00% | −188,450−100.0% | Sold out |
| Oberweis Asset Management Inc | 0 | $0 | 0.00% | −72,610−100.0% | Sold out |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −51,561−100.0% | Sold out |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −40,551−100.0% | Sold out |
| Twinbeech Capital LP | 0 | $0 | 0.00% | −37,371−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −27,901−100.0% | Sold out |
| Rathbone Brothers plc | 0 | $0 | 0.00% | −27,235−100.0% | Sold out |
| Axiom Investors LLC | 0 | $0 | 0.00% | −24,545−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −22,779−100.0% | Sold out |
| Jefferies Financial Group Inc. | 0 | $0 | 0.00% | −13,001−100.0% | Sold out |