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 |
|---|---|---|---|---|---|
| Park Avenue Securities LLC | 2,926 | $446.0K | 0.00% | +72+2.5% | Added |
| CIBC Bancorp USA Inc. | 2,950 | $449.5K | 0.00% | +2,950 | New |
| Wealth Enhancement Advisory Services, LLC | 2,877 | $450.9K | 0.00% | −16,055−84.8% | Reduced |
| Aviva PLC | 2,974 | $453.1K | 0.00% | +206+7.4% | Added |
| Crossmark Global Holdings, Inc. | 3,055 | $465.4K | 0.01% | +197+6.9% | Added |
| Atria Investments LLC | 3,161 | $481.6K | 0.01% | +842+36.3% | Added |
| KLCM Advisors, Inc. | 3,200 | $487.5K | 0.04% | 00.0% | Unchanged |
| PPS&V Asset Management Consultants, Inc. | 3,200 | $487.5K | 0.30% | 00.0% | Unchanged |
| Public Employees Retirement Association of Colorado | 3,222 | $491.0K | 0.00% | 00.0% | Unchanged |
| Lazard Freres Gestion S.A.S. | 3,250 | $495.0K | 0.01% | 00.0% | Unchanged |
| Teton Advisors, LLC | 3,250 | $495.1K | 0.35% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 3,274 | $498.9K | 0.01% | +2,510+328.5% | Added |
| Xponance, Inc. | 3,283 | $500.2K | 0.00% | +285+9.5% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 3,334 | $507.9K | 0.01% | −18,046−84.4% | Reduced |
| Mutual of America Capital Management LLC | 3,373 | $513.9K | 0.01% | +5+0.1% | Added |
| Davenport & Co LLC | 3,403 | $518.4K | 0.00% | +10+0.3% | Added |
| Norway Savings Bank | 3,544 | $539.9K | 0.26% | +889+33.5% | Added |
| Benjamin Edwards Inc | 3,592 | $547.3K | 0.01% | +263+7.9% | Added |
| First Interstate Bank | 3,596 | $547.9K | 0.03% | +1,053+41.4% | Added |
| Quadrant Capital Group LLC | 3,633 | $553.5K | 0.02% | +15+0.4% | Added |
| Sequoia Financial Advisors, LLC | 3,638 | $554.3K | 0.00% | −413−10.2% | Reduced |
| Plus Group Wealth Advisors LLC | 3,694 | $562.8K | 0.62% | +160+4.5% | Added |
| First Citizens Bank & Trust Co | 3,715 | $566.0K | 0.01% | +47+1.3% | Added |
| Vident Advisory, LLC | 3,717 | $566.4K | 0.00% | −18,138−83.0% | Reduced |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. | 3,741 | $569.9K | 0.08% | −165−4.2% | Reduced |
| Grandeur Peak Global Advisors, LLC | 3,889 | $592.5K | 0.14% | +3,889 | New |
| HighTower Advisors, LLC | 3,967 | $604.4K | 0.00% | +952+31.6% | Added |
| CWM Advisors, LLC | 4,089 | $622.9K | 0.04% | +762+22.9% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 4,114 | $626.8K | 0.00% | −7,700−65.2% | Reduced |
| Entropy Technologies, LP | 4,121 | $627.8K | 0.03% | −503−10.9% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 4,124 | $628.3K | 0.00% | +205+5.2% | Added |
| Legato Capital Management LLC | 4,167 | $634.8K | 0.06% | +635+18.0% | Added |
| Maryland State Retirement & Pension System | 4,291 | $653.7K | 0.01% | −25−0.6% | Reduced |
| OP Asset Management Ltd | 4,294 | $654.2K | 0.01% | 00.0% | Unchanged |
| Zions Bancorporation, National Association | 4,480 | $682.5K | 0.04% | −3,022−40.3% | Reduced |
| Mission Wealth Management, LP | 4,620 | $703.9K | 0.01% | +70+1.5% | Added |
| Marietta Investment Partners LLC | 4,921 | $749.7K | 0.15% | −1,650−25.1% | Reduced |
| Quadrature Capital Ltd | 5,078 | $773.6K | 0.01% | +5,078 | New |
| Ofi Invest Asset Management | 5,913 | $781.8K | 0.01% | −101,803−94.5% | Reduced |
| Gotham Asset Management, LLC | 5,191 | $790.8K | 0.00% | +2,079+66.8% | Added |
| Mercer Global Advisors Inc | 5,278 | $804.1K | 0.00% | −305−5.5% | Reduced |
| Pinnacle Financial Partners, Inc. | 5,422 | $826.0K | 0.01% | +2,784+105.5% | Added |
| Caption Management, LLC | 5,500 | $837.9K | 0.04% | +5,500 | New |
| Boothbay Fund Management, LLC | 5,701 | $868.5K | 0.02% | +5,701 | New |
| Van Hulzen Asset Management, LLC | 5,725 | $872.3K | 0.06% | +3,251+131.4% | Added |
| CI Private Wealth, LLC | 5,763 | $878.0K | 0.00% | −162−2.7% | Reduced |
| Flputnam Investment Management Co | 5,865 | $893.5K | 0.01% | 00.0% | Unchanged |
| JustInvest LLC | 5,950 | $906.5K | 0.01% | +422+7.6% | Added |
| River Street Advisors LLC | 6,040 | $920.2K | 0.31% | +655+12.2% | Added |
| Level Four Advisory Services, LLC | 6,055 | $922.5K | 0.03% | +35+0.6% | Added |
| CenterBook Partners LP | 6,061 | $923.4K | 0.05% | +6,061 | New |
| Voya Investment Management LLC | 6,108 | $930.6K | 0.00% | −7,510−55.1% | Reduced |
| Navigation Group, LLC | 6,114 | $931.5K | 0.22% | +6,114 | New |
| SBI Okasan Asset Management Co.Ltd. | 6,400 | $947.8K | 0.04% | 00.0% | Unchanged |
| Oddo BHF Asset Management SAS | 6,379 | $971.8K | 0.04% | −1,900−22.9% | Reduced |
| Cetera Investment Advisers | 6,383 | $972.4K | 0.00% | +474+8.0% | Added |
| MML Investors Services, LLC | 6,595 | $1.00M | 0.00% | −2,859−30.2% | Reduced |
| State Board of Administration of Florida Retirement System | 6,632 | $1.01M | 0.00% | 00.0% | Unchanged |
| State of Tennessee, Treasury Department | 6,668 | $1.02M | 0.00% | −6,167−48.0% | Reduced |
| Oregon Public Employees Retirement Fund | 6,740 | $1.03M | 0.01% | −20.0% | Reduced |
| Johnson Financial Group, Inc. | 6,770 | $1.03M | 0.04% | −200−2.9% | Reduced |
| SG Americas Securities, LLC | 6,961 | $1.06M | 0.00% | −15,314−68.7% | Reduced |
| Diversify Wealth Management, LLC | 9,019 | $1.06M | 0.02% | +2,880+46.9% | Added |
| Vanguard Investments Australia, Ltd. | 7,039 | $1.07M | 0.00% | +7,039 | New |
| Cypress Advisory Group LLC | 7,077 | $1.08M | 0.82% | +7,077 | New |
| Nikko Asset Management Americas, Inc. | 7,174 | $1.09M | 0.02% | +1,902+36.1% | Added |
| Values First Advisors, Inc. | 7,216 | $1.10M | 0.57% | +91+1.3% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 7,288 | $1.11M | 0.01% | −8−0.1% | Reduced |
| Montanaro Asset Management Ltd | 7,300 | $1.11M | 0.33% | −4,700−39.2% | Reduced |
| Calamos Advisors LLC | 7,355 | $1.12M | 0.00% | +7,355 | New |
| Calamos Wealth Management LLC | 7,355 | $1.12M | 0.04% | +7,355 | New |
| Ethic Inc. | 7,373 | $1.12M | 0.02% | +1,687+29.7% | Added |
| Teachers Retirement System of the State of Kentucky | 7,388 | $1.13M | 0.01% | 00.0% | Unchanged |
| Union Bancaire Privee, UBP SA | 7,737 | $1.13M | 0.02% | −187−2.4% | Reduced |
| Vontobel Holding Ltd. | 7,658 | $1.17M | 0.00% | −2,771−26.6% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 7,793 | $1.19M | 0.00% | +1,902+32.3% | Added |
| Bahl & Gaynor Inc | 7,813 | $1.19M | 0.01% | +7,813 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 7,851 | $1.20M | 0.00% | +7,851 | New |
| Davy Global Fund Management Ltd | 7,882 | $1.20M | 0.09% | +14+0.2% | Added |
| Royce & Associates LP | 7,905 | $1.20M | 0.01% | +1,023+14.9% | Added |
| Yousif Capital Management, LLC | 7,969 | $1.21M | 0.01% | −911−10.3% | Reduced |
| Mitsubishi UFJ Asset Management (UK) Ltd. | 8,000 | $1.22M | 0.63% | −2,000−20.0% | Reduced |
| Hantz Financial Services, Inc. | 8,015 | $1.22M | 0.02% | −934−10.4% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 8,075 | $1.23M | 0.01% | 00.0% | Unchanged |
| Arizona State Retirement System | 8,094 | $1.23M | 0.01% | −140−1.7% | Reduced |
| Quantbot Technologies LP | 8,217 | $1.25M | 0.05% | +4,276+108.5% | Added |
| Amalgamated Bank | 8,478 | $1.29M | 0.01% | −92−1.1% | Reduced |
| The PNC Financial Services Group, Inc. | 8,490 | $1.29M | 0.00% | −453−5.1% | Reduced |
| Standard Life Aberdeen plc | 8,637 | $1.32M | 0.00% | −104,388−92.4% | Reduced |
| Dark Forest Capital Management LP | 8,901 | $1.36M | 0.12% | +5,099+134.1% | Added |
| SEB Asset Management AB | 9,103 | $1.39M | 0.01% | +9,103 | New |
| Essex Investment Management Co LLC | 9,158 | $1.40M | 0.22% | −200−2.1% | Reduced |
| Virginia Retirement Systems Et Al | 9,250 | $1.41M | 0.01% | +7,900+585.2% | Added |
| Kennedy Capital Management, Inc. | 9,271 | $1.41M | 0.03% | +9,271 | New |
| Kiker Wealth Management, LLC | 9,287 | $1.41M | 0.68% | +9,287 | New |
| Cim, LLC | 9,488 | $1.45M | 0.21% | −5−0.1% | Reduced |
| Kornitzer Capital Management Inc | 9,500 | $1.45M | 0.03% | +9,500 | New |
| Pathstone Holdings, LLC | 10,085 | $1.54M | 0.01% | +1,201+13.5% | Added |
| Meiji Yasuda Life Insurance Co | 10,100 | $1.54M | 0.05% | +2,400+31.2% | Added |
| Truist Financial Corp | 10,473 | $1.60M | 0.00% | −401−3.7% | Reduced |