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, Q1 2026
Institutional positions in Badger Meter Inc as of Mar 31, 2026. 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
- 477
- −4 vs. Q4 2025
- Shares held
- 30.5M
- +5.33M (+21.2%) vs. Q4 2025
- Total value
- $4.63B
- +$240.8M (+5.5%) vs. Q4 2025
- New holders
- 69
- 186 more added
- Sold out
- 73
- 153 more reduced
9 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,951,882 | $754.4M | 0.01% | −177,500−3.5% | Reduced |
| Vanguard Portfolio Management LLC | 2,451,651 | $373.5M | 0.02% | +2,451,651 | New |
| State Street Corp | 1,524,970 | $232.3M | 0.01% | +66,396+4.6% | Added |
| Vanguard Capital Management LLC | 1,301,620 | $198.3M | 0.00% | +1,301,620 | New |
| Geode Capital Management, LLC | 938,831 | $143.1M | 0.01% | +61,977+7.1% | Added |
| UBS Group AG | 858,174 | $130.7M | 0.02% | +145,524+20.4% | Added |
| Invesco Ltd. | 777,907 | $118.5M | 0.01% | +11,814+1.5% | Added |
| Morgan Stanley | 663,192 | $101.0M | 0.01% | −57,777−8.0% | Reduced |
| First Trust Advisors LP | 560,356 | $85.4M | 0.06% | +198,430+54.8% | Added |
| Dimensional Fund Advisors LP | 540,272 | $82.3M | 0.02% | +29,623+5.8% | Added |
| Boston Trust Walden Corp | 530,169 | $80.8M | 0.66% | +22,477+4.4% | Added |
| Marshall Wace, LLP | 506,690 | $77.2M | 0.08% | +226,533+80.9% | Added |
| Goldman Sachs Group Inc | 464,823 | $70.8M | 0.01% | +64,896+16.2% | Added |
| JPMorgan Chase & Co | 475,724 | $70.5M | 0.00% | +89,437+23.2% | Added |
| Amundi | 459,063 | $70.0M | 0.02% | +45,076+10.9% | Added |
| Pictet Asset Management Holding SA | 394,344 | $60.1M | 0.06% | −360,058−47.7% | Reduced |
| Neuberger Berman Group LLC | 346,720 | $52.8M | 0.04% | +5,370+1.6% | Added |
| Northern Trust Corp | 332,495 | $50.7M | 0.01% | +27,940+9.2% | Added |
| Charles Schwab Investment Management Inc | 319,564 | $48.7M | 0.01% | +3,233+1.0% | Added |
| Bamco Inc | 312,213 | $47.6M | 0.14% | +12,167+4.1% | Added |
| Bank of America Corp | 292,852 | $44.6M | 0.00% | +167,444+133.5% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 269,551 | $41.1M | 0.12% | −11,006−3.9% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 263,870 | $40.2M | 0.05% | +15,403+6.2% | Added |
| Rockefeller Capital Management L.P. | 261,692 | $39.9M | 0.07% | +49,407+23.3% | Added |
| Price T Rowe Associates Inc | 260,763 | $39.7M | 0.00% | +11,143+4.5% | Added |
| Franklin Resources Inc | 221,302 | $33.7M | 0.01% | +42,459+23.7% | Added |
| Vanguard Fiduciary Trust Co | 205,794 | $31.4M | 0.01% | +205,794 | New |
| Bank of New York Mellon Corp | 205,244 | $31.3M | 0.01% | −4,972−2.4% | Reduced |
| Grantham, Mayo, Van Otterloo & Co. LLC | 203,754 | $31.0M | 0.08% | +97,835+92.4% | Added |
| Legal & General Group Plc | 202,826 | $30.9M | 0.01% | +23,982+13.4% | Added |
| Renaissance Technologies LLC | 199,200 | $30.3M | 0.05% | +60,800+43.9% | Added |
| American Capital Management Inc | 185,841 | $28.3M | 1.52% | +185,841 | New |
| TD Asset Management Inc | 182,010 | $27.7M | 0.02% | +182,010 | New |
| Principal Financial Group Inc | 180,576 | $27.5M | 0.01% | +5,078+2.9% | Added |
| Belpointe Asset Management LLC | 178,960 | $27.3M | 1.00% | 00.0% | Unchanged |
| Toroso Investments, LLC | 163,518 | $24.9M | 0.08% | −3,390−2.0% | Reduced |
| Storebrand Asset Management AS | 155,578 | $23.7M | 0.07% | +22,134+16.6% | Added |
| DF Dent & Co Inc | 150,869 | $23.0M | 0.44% | +29,037+23.8% | Added |
| Royal Bank of Canada | 145,889 | $22.2M | 0.00% | −32,671−18.3% | Reduced |
| Fundsmith LLPSuperinvestorFundsmith | 142,491 | $21.7M | 0.17% | +142,491 | New |
| Robeco Schweiz AG | 141,393 | $21.5M | 0.46% | +2,171+1.6% | Added |
| Arrowstreet Capital, Limited Partnership | 137,680 | $21.0M | 0.01% | −37,219−21.3% | Reduced |
| Bessemer Group Inc | 136,066 | $20.7M | 0.03% | −30,341−18.2% | Reduced |
| DekaBank Deutsche Girozentrale | 137,060 | $20.6M | 0.03% | 00.0% | Unchanged |
| Nuveen, LLC | 135,127 | $20.6M | 0.01% | −1,279−0.9% | Reduced |
| Fundsmith Investment Services Ltd. | 132,631 | $20.2M | 0.46% | 00.0% | Unchanged |
| Jupiter Asset Management Ltd | 131,449 | $20.0M | 0.11% | +30,923+30.8% | Added |
| Envestnet Asset Management Inc | 131,098 | $20.0M | 0.01% | +18,749+16.7% | Added |
| Millennium Management LLC | 126,098 | $19.2M | 0.01% | −14,358−10.2% | Reduced |
| Raymond James Financial Inc | 129,117 | $19.2M | 0.01% | +8,696+7.2% | Added |
| Allianz Asset Management GmbH | 125,717 | $19.2M | 0.02% | +16,878+15.5% | Added |
| Rhumbline Advisers | 123,110 | $18.8M | 0.02% | +11,292+10.1% | Added |
| Conestoga Capital Advisors, LLC | 122,658 | $18.7M | 0.37% | −7,735−5.9% | Reduced |
| Dudley & Shanley, Inc. | 122,150 | $18.6M | 3.04% | +39,455+47.7% | Added |
| Voloridge Investment Management, LLC | 113,238 | $17.3M | 0.07% | −49,724−30.5% | Reduced |
| Tudor Investment Corp Et Al | 109,868 | $16.7M | 0.09% | −21,043−16.1% | Reduced |
| Public Sector Pension Investment Board | 105,471 | $16.1M | 0.05% | +3,439+3.4% | Added |
| Mairs & Power Inc | 104,815 | $16.0M | 0.16% | +2,002+1.9% | Added |
| Gabelli Funds LLC | 103,194 | $15.7M | 0.11% | +644+0.6% | Added |
| Congress Asset Management Co | 102,095 | $15.6M | 0.11% | +862+0.9% | Added |
| Epoch Investment Partners, Inc. | 100,872 | $15.4M | 0.09% | +100,872 | New |
| Gamco Investors, Inc. Et Al | 98,725 | $15.0M | 0.15% | +5,000+5.3% | Added |
| Bridges Investment Management Inc | 97,405 | $14.8M | 0.20% | +83,619+606.6% | Added |
| Handelsbanken Fonder AB | 97,092 | $14.8M | 0.05% | +1,430+1.5% | Added |
| Deutsche Bank AG | 94,006 | $14.3M | 0.00% | +31,269+49.8% | Added |
| Select Equity Group, L.P. | 91,824 | $14.0M | 0.07% | −16,046−14.9% | Reduced |
| EULAV Asset Management | 91,200 | $13.9M | 0.44% | 00.0% | Unchanged |
| Rodgers Brothers Inc. | 89,232 | $13.6M | 1.57% | +3,795+4.4% | Added |
| Commonwealth Equity Services, LLC | 87,383 | $13.3M | 0.02% | +10,784+14.1% | Added |
| UBS Asset Management Americas Inc | 86,689 | $13.2M | 0.00% | +8,388+10.7% | Added |
| Segall Bryant & Hamill, LLC | 86,478 | $13.2M | 0.19% | +65,650+315.2% | Added |
| ProShare Advisors LLC | 84,053 | $12.8M | 0.02% | +8,195+10.8% | Added |
| Alps Advisors Inc | 78,900 | $12.0M | 0.06% | −302−0.4% | Reduced |
| Squarepoint Ops LLC | 75,936 | $11.6M | 0.02% | +65,985+663.1% | Added |
| Brown Capital Management LLC | 72,119 | $11.0M | 1.56% | −29,400−29.0% | Reduced |
| Swiss Life Asset Management Ltd | 71,111 | $10.8M | 0.05% | +15,123+27.0% | Added |
| Ameriprise Financial Inc | 71,032 | $10.8M | 0.00% | −2,120−2.9% | Reduced |
| Triodos Investment Management BV | 65,000 | $9.90M | 0.75% | 00.0% | Unchanged |
| Man Group plc | 64,936 | $9.89M | 0.02% | +2,678+4.3% | Added |
| Wells Fargo & Company | 62,387 | $9.50M | 0.00% | −22,646−26.6% | Reduced |
| Cerity Partners LLC | 61,155 | $9.32M | 0.01% | +11,395+22.9% | Added |
| Granite Investment Partners, LLC | 61,060 | $9.30M | 0.57% | +61,060 | New |
| Victory Capital Management Inc | 59,584 | $9.08M | 0.01% | +43,332+266.6% | Added |
| Swiss National Bank | 58,200 | $8.87M | 0.01% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 54,075 | $8.24M | 0.06% | −426−0.8% | Reduced |
| RMB Capital Management, LLC | 52,174 | $7.95M | 0.14% | +1,993+4.0% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 48,879 | $7.45M | 0.02% | −14,743−23.2% | Reduced |
| AQR Capital Management LLC | 46,067 | $7.02M | 0.00% | +17,187+59.5% | Added |
| KLP Kapitalforvaltning AS | 44,900 | $6.84M | 0.03% | +6,300+16.3% | Added |
| Alta Capital Management LLC | 44,418 | $6.77M | 0.52% | −3,331−7.0% | Reduced |
| Teacher Retirement System of Texas | 43,828 | $6.68M | 0.03% | +12,394+39.4% | Added |
| Duff & Phelps Investment Management Co | 43,111 | $6.57M | 0.07% | −8,827−17.0% | Reduced |
| Natixis Advisors, L.P. | 43,014 | $6.55M | 0.01% | +3,044+7.6% | Added |
| California Public Employees Retirement System | 42,307 | $6.45M | 0.00% | −9,075−17.7% | Reduced |
| Candriam Luxembourg S.C.A. | 42,025 | $6.40M | 0.03% | −5,272−11.1% | Reduced |
| Alliancebernstein L.P. | 36,558 | $6.38M | 0.00% | −5,332−12.7% | Reduced |
| New York State Common Retirement Fund | 41,477 | $6.32M | 0.01% | +11,790+39.7% | Added |
| Ci Investments Inc. | 40,920 | $6.23M | 0.03% | +10,843+36.1% | Added |
| Citadel Advisors LLC | 40,038 | $6.10M | 0.00% | +25,431+174.1% | Added |
| BNP Paribas Arbitrage, SA | 39,906 | $6.08M | 0.00% | −10,320−20.5% | Reduced |