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 |
|---|---|---|---|---|---|
| Empowered Funds, LLC | 0 | $0 | 0.00% | −11,965−100.0% | Sold out |
| We Are One Seven, LLC | 0 | $0 | 0.00% | −8,941−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −8,753−100.0% | Sold out |
| TD Asset Management Inc | 0 | $0 | 0.00% | −6,718−100.0% | Sold out |
| Kesler, Norman & Wride, LLC | 0 | $0 | 0.00% | −3,482−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −3,768−100.0% | Sold out |
| Cynosure Management, LLC | 0 | $0 | 0.00% | −3,395−100.0% | Sold out |
| New York Life Investment Management LLC | 0 | $0 | 0.00% | −2,983−100.0% | Sold out |
| Lebenthal Global Advisors, LLC | 0 | $0 | 0.00% | −2,558−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −2,466−100.0% | Sold out |
| Oppenheimer Asset Management Inc. | 0 | $0 | 0.00% | −2,308−100.0% | Sold out |
| Headlands Technologies LLC | 0 | $0 | 0.00% | −2,026−100.0% | Sold out |
| Catalyst Funds Management Pty Ltd | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| Arjuna Capital | 0 | $0 | 0.00% | −1,964−100.0% | Sold out |
| Argus Investors' Counsel, Inc. | 0 | $0 | 0.00% | −1,902−100.0% | Sold out |
| Great Lakes Retirement, Inc. | 0 | $0 | 0.00% | −1,892−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −1,591−100.0% | Sold out |
| Freestone Grove Partners LP | 0 | $0 | 0.00% | −1,316−100.0% | Sold out |
| Graham Capital Management, L.P. | 0 | $0 | 0.00% | −1,160−100.0% | Sold out |
| Monument Capital Management | 0 | $0 | 0.00% | −1,135−100.0% | Sold out |
| Twin Tree Management, LP | 0 | $0 | 0.00% | −864−100.0% | Sold out |
| Asset Management One Co.,Ltd. | 0 | $0 | 0.00% | −378−100.0% | Sold out |
| Wealthspire Advisors, LLC | 0 | $0 | 0.00% | −304−100.0% | Sold out |
| Contravisory Investment Management, Inc. | 0 | $0 | 0.00% | −284−100.0% | Sold out |
| Silicon Valley Capital Partners | 0 | $0 | 0.00% | −230−100.0% | Sold out |
| NBC Securities, Inc. | 0 | $0 | 0.00% | −75−100.0% | Sold out |
| Rise Advisors, LLC | 0 | $0 | 0.00% | −49−100.0% | Sold out |
| WPG Advisers, LLC | 0 | $0 | 0.00% | −29−100.0% | Sold out |
| Stance Capital LLC | 0 | $0 | 0.00% | −27−100.0% | Sold out |
| Washington Trust Advisors, Inc. | 0 | $0 | 0.00% | −22−100.0% | Sold out |
| Atlantic Trust, LLC | 0 | $0 | 0.00% | −15−100.0% | Sold out |
| Clayton Financial Group LLC | 0 | $0 | 0.00% | −9−100.0% | Sold out |
| Thompson Investment Management, Inc. | 0 | $0 | 0.00% | −8−100.0% | Sold out |
| Rakuten Securities, Inc. | 0 | $0 | 0.00% | −6−100.0% | Sold out |
| Tortoise Investment Management, LLC | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Cloud Capital Management, LLC | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| CIBC Bancorp USA Inc. | – | – | – | – | Not filed |
| Synovus Financial Corp | – | – | – | – | Not filed |
| Lowe Wealth Advisors, LLC | – | – | – | – | Not filed |
| Shell Asset Management Co | – | – | – | – | Not filed |
| Hemington Wealth Management | – | – | – | – | Not filed |
| Guerra Advisors Inc | – | – | – | – | Not filed |