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 |
|---|---|---|---|---|---|
| Cresset Asset Management, LLC | 2,176 | $379.5K | 0.00% | −10−0.5% | Reduced |
| Colony Group, LLC | 2,147 | $374.5K | 0.00% | −5,845−73.1% | Reduced |
| Inspire Advisors, LLC | 2,018 | $352.1K | 0.03% | +556+38.0% | Added |
| Modern Wealth Management, LLC | 1,996 | $348.1K | 0.01% | −81−3.9% | Reduced |
| Fruth Investment Management | 2,000 | $348.0K | 0.09% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 1,966 | $343.0K | 0.00% | +32+1.7% | Added |
| CIBC World Markets Corp | 1,964 | $342.5K | 0.00% | +1,964 | New |
| Caitlin John, LLC | 1,957 | $341.3K | 0.22% | +1,781+1,011.9% | Added |
| PharVision Advisers, LLC | 1,953 | $340.6K | 0.17% | +1,953 | New |
| Chevy Chase Trust Holdings, Inc. | 1,929 | $336.4K | 0.00% | 00.0% | Unchanged |
| Great Lakes Advisors, LLC | 1,911 | $333.3K | 0.00% | −160−7.7% | Reduced |
| Mackenzie Financial Corp | 1,861 | $331.0K | 0.00% | −23−1.2% | Reduced |
| Vestcor Inc | 1,899 | $331.0K | 0.01% | −2,308−54.9% | Reduced |
| PFG Investments, LLC | 1,891 | $329.8K | 0.02% | +4+0.2% | Added |
| Fox Run Management, L.L.C. | 1,790 | $312.2K | 0.05% | +643+56.1% | Added |
| RWC Asset Management LLP | 1,762 | $307.3K | 0.02% | +1,762 | New |
| Caisse de Depot Et Placement du Quebec | 1,741 | $303.6K | 0.00% | −6,050−77.7% | Reduced |
| Steward Partners Investment Advisory, LLC | 1,714 | $298.9K | 0.00% | 00.0% | Unchanged |
| Concurrent Investment Advisors, LLC | 1,683 | $293.5K | 0.00% | +1,683 | New |
| KBC Group NV | 1,673 | $292.0K | 0.00% | −6,711−80.0% | Reduced |
| Yorktown Management & Research Co Inc | 1,650 | $287.8K | 0.23% | 00.0% | Unchanged |
| Northside Capital Management, LLC | 1,650 | $287.8K | 0.03% | 00.0% | Unchanged |
| New Age Alpha Advisors, LLC | 1,626 | $283.6K | 0.01% | +227+16.2% | Added |
| Mirabella Financial Services LLP | 1,623 | $283.1K | 0.03% | +1,623 | New |
| Alpine Bank Wealth Management | 1,623 | $283.1K | 0.04% | −85−5.0% | Reduced |
| Resona Asset Management Co.,Ltd. | 1,586 | $283.0K | 0.00% | 00.0% | Unchanged |
| Glenmede Trust Co NA | 1,613 | $281.3K | 0.00% | +1,613 | New |
| Wiley Bros.-Aintree Capital, LLC | 1,600 | $280.6K | 0.00% | +341+27.1% | Added |
| Rock Point Advisors, LLC | 1,600 | $279.1K | 0.07% | 00.0% | Unchanged |
| Portside Wealth Group, LLC | 1,590 | $277.3K | 0.04% | +299+23.2% | Added |
| Glen Eagle Advisors, LLC | 1,564 | $272.8K | 0.04% | 00.0% | Unchanged |
| Clearwave Capital, LLC | 1,555 | $271.2K | 0.20% | +1,555 | New |
| CIBC Private Wealth Group, LLC | 1,531 | $267.0K | 0.00% | +23+1.5% | Added |
| Sage Mountain Advisors LLC | 1,519 | $264.9K | 0.01% | +283+22.9% | Added |
| apricus wealth, LLC | 1,510 | $263.4K | 0.13% | 00.0% | Unchanged |
| Nvest Financial, LLC | 1,500 | $261.6K | 0.11% | 00.0% | Unchanged |
| Ensign Peak Advisors, Inc | 1,498 | $261.3K | 0.00% | −3,050−67.1% | Reduced |
| Norden Group LLC | 1,497 | $261.0K | 0.03% | +1,497 | New |
| Millstone Evans Group, LLC | 1,490 | $259.9K | 0.15% | 00.0% | Unchanged |
| Umb Bank N A | 1,454 | $253.6K | 0.00% | +1,360+1,446.8% | Added |
| Qsemble Capital Management, LP | 1,409 | $245.7K | 0.02% | −248−15.0% | Reduced |
| WSFS Capital Management, LLC | 1,409 | $245.7K | 0.01% | +234+19.9% | Added |
| Principal Securities, Inc. | 1,400 | $244.2K | 0.00% | +33+2.4% | Added |
| Baker Ellis Asset Management LLC | 1,399 | $244.0K | 0.03% | 00.0% | Unchanged |
| QRG Capital Management, Inc. | 1,397 | $243.7K | 0.00% | +3+0.2% | Added |
| nVerses Capital, LLC | 1,374 | $239.6K | 0.54% | +1,374 | New |
| BankChampaign, National Association | 1,115 | $239.1K | 0.24% | +1,115 | New |
| Fortress Financial Solutions, LLC | 1,366 | $238.2K | 0.24% | −663−32.7% | Reduced |
| Virginia Retirement Systems Et Al | 1,350 | $235.5K | 0.00% | +1,350 | New |
| Nisa Investment Advisors, LLC | 1,329 | $231.8K | 0.00% | −43−3.1% | Reduced |
| Profund Advisors LLC | 1,324 | $230.9K | 0.01% | −59−4.3% | Reduced |
| Journey Strategic Wealth LLC | 1,297 | $226.2K | 0.01% | −1−0.1% | Reduced |
| Apollon Wealth Management, LLC | 1,287 | $224.5K | 0.00% | +17+1.3% | Added |
| Stratos Wealth Partners, LTD. | 1,248 | $217.7K | 0.00% | 00.0% | Unchanged |
| Captrust Financial Advisors | 1,238 | $215.9K | 0.00% | +1,238 | New |
| RSM US Wealth Management LLC | 1,201 | $214.1K | 0.00% | +39+3.4% | Added |
| Schonfeld Strategic Advisors LLC | 1,213 | $211.6K | 0.00% | −10,483−89.6% | Reduced |
| AE Wealth Management LLC | 1,202 | $209.9K | 0.00% | +63+5.5% | Added |
| Financiere des Professionnels - Fonds d,investissement inc. | 1,196 | $208.6K | 0.01% | 00.0% | Unchanged |
| State of Wyoming | 1,172 | $204.4K | 0.02% | +188+19.1% | Added |
| Personal Cfo Solutions, LLC | 1,158 | $202.0K | 0.03% | +1,158 | New |
| Parallel Advisors, LLC | 1,154 | $201.3K | 0.00% | +239+26.1% | Added |
| Covestor Ltd | 1,134 | $198.0K | 0.10% | +62+5.8% | Added |
| CWM, LLC | 1,132 | $197.0K | 0.00% | +594+110.4% | Added |
| Quest Partners LLC | 1,122 | $195.7K | 0.01% | +752+203.2% | Added |
| Pinnacle Wealth Planning Services, Inc. | 1,116 | $194.6K | 0.02% | +1,116 | New |
| Global Retirement Partners, LLC | 1,084 | $189.0K | 0.00% | +344+46.5% | Added |
| Catalyst Capital Advisors LLC | 1,015 | $177.0K | 0.00% | −510−33.4% | Reduced |
| GWM Advisors LLC | 965 | $168.4K | 0.00% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 954 | $166.2K | 0.00% | −1,974−67.4% | Reduced |
| Archer Investment Corp | 930 | $162.2K | 0.04% | +119+14.7% | Added |
| GHP Investment Advisors, Inc. | 773 | $134.8K | 0.01% | 00.0% | Unchanged |
| Dundas Partners LLP | 773 | $134.8K | 0.01% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 764 | $133.3K | 0.00% | +49+6.9% | Added |
| Clearstead Advisors, LLC | 736 | $128.4K | 0.00% | +5+0.7% | Added |
| GPS Wealth Strategies Group, LLC | 728 | $127.0K | 0.11% | −1,498−67.3% | Reduced |
| Tower Research Capital LLC (TRC) | 719 | $125.4K | 0.00% | −676−48.5% | Reduced |
| MAI Capital Management | 708 | $123.5K | 0.00% | +500+240.4% | Added |
| Smartleaf Asset Management LLC | 688 | $122.6K | 0.00% | +82+13.5% | Added |
| Pacific Center for Financial Services | 673 | $120.2K | 0.03% | 00.0% | Unchanged |
| GAMMA Investing LLC | 652 | $113.7K | 0.01% | +122+23.0% | Added |
| Northwestern Mutual Wealth Management Co | 648 | $113.1K | 0.00% | −19−2.8% | Reduced |
| Eurizon Capital SGR S.p.A. | 632 | $112.5K | 0.00% | +632 | New |
| Bank Julius Baer & Co. Ltd, Zurich | 600 | $104.6K | 0.00% | 00.0% | Unchanged |
| Kohmann Bosshard Financial Services, LLC | 534 | $93.1K | 0.01% | +534 | New |
| Pacer Advisors, Inc. | 529 | $92.3K | 0.00% | −120−18.5% | Reduced |
| CX Institutional | 522 | $91.0K | 0.00% | −719−57.9% | Reduced |
| Signaturefd, LLC | 521 | $90.9K | 0.00% | +70+15.5% | Added |
| AdvisorNet Financial, Inc | 520 | $90.7K | 0.00% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 510 | $89.0K | 0.00% | −8,490−94.3% | Reduced |
| Farther Finance Advisors, LLC | 486 | $84.8K | 0.00% | +88+22.1% | Added |
| Global X Japan Co., Ltd. | 464 | $80.9K | 0.01% | +198+74.4% | Added |
| Harbor Investment Advisory, LLC | 416 | $72.6K | 0.01% | 00.0% | Unchanged |
| Trust Co of Vermont | 375 | $65.4K | 0.00% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 342 | $59.6K | 0.00% | −226−39.8% | Reduced |
| Danske Bank A/S | 300 | $52.3K | 0.00% | −5,113−94.5% | Reduced |
| Canada Pension Plan Investment Board | 300 | $52.3K | 0.00% | +200+200.0% | Added |
| Manchester Capital Management LLC | 287 | $50.1K | 0.01% | +215+298.6% | Added |
| Caitong International Asset Management Co., Ltd | 266 | $46.4K | 0.01% | +181+212.9% | Added |
| Strategic Advocates LLC | 223 | $39.7K | 0.01% | −7−3.0% | Reduced |