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 |
|---|---|---|---|---|---|
| Martingale Asset Management L P | 10,510 | $1.60M | 0.04% | −801−7.1% | Reduced |
| New York State Teachers Retirement System | 10,680 | $1.63M | 0.00% | −954−8.2% | Reduced |
| Barclays PLC | 10,778 | $1.64M | 0.00% | −44,723−80.6% | Reduced |
| Bowen Hanes & Co Inc | 11,275 | $1.72M | 0.04% | −246,005−95.6% | Reduced |
| Numerai GP LLC | 11,384 | $1.73M | 0.17% | +417+3.8% | Added |
| Abacus Wealth Partners, LLC | 11,426 | $1.74M | 0.16% | +1,221+12.0% | Added |
| Agf Management Ltd | 11,451 | $1.74M | 0.01% | −310−2.6% | Reduced |
| Raiffeisen Bank International AG | 12,000 | $1.78M | 0.03% | +3,000+33.3% | Added |
| Kestra Advisory Services, LLC | 11,695 | $1.78M | 0.01% | +749+6.8% | Added |
| Vanguard Global Advisers, LLC | 11,879 | $1.81M | 0.00% | +11,879 | New |
| Annex Advisory Services, LLC | 12,701 | $1.93M | 0.04% | −99−0.8% | Reduced |
| Janus Henderson Group PLC | 12,849 | $1.96M | 0.00% | −52,658−80.4% | Reduced |
| FMR LLC | 12,868 | $1.96M | 0.00% | +312+2.5% | Added |
| Linden Thomas Advisory Services, LLC | 12,961 | $1.97M | 0.19% | +233+1.8% | Added |
| Louisiana State Employees Retirement System | 13,100 | $2.00M | 0.03% | −400−3.0% | Reduced |
| Bank of Montreal | 13,766 | $2.10M | 0.00% | +2,232+19.4% | Added |
| State of New Jersey Common Pension Fund D | 13,892 | $2.12M | 0.01% | +1,355+10.8% | Added |
| Manufacturers Life Insurance Company, The | 14,023 | $2.14M | 0.00% | −472−3.3% | Reduced |
| LRT Capital Management, LLC | 14,203 | $2.16M | 2.02% | +14,203 | New |
| State of Alaska, Department of Revenue | 14,548 | $2.22M | 0.02% | −458−3.1% | Reduced |
| Assenagon Asset Management S.A. | 14,756 | $2.25M | 0.00% | −4,414−23.0% | Reduced |
| Advisors Asset Management, Inc. | 14,944 | $2.28M | 0.04% | −7,479−33.4% | Reduced |
| Stifel Financial Corp | 14,986 | $2.28M | 0.00% | +1,520+11.3% | Added |
| Russell Investments Group, Ltd. | 15,275 | $2.33M | 0.00% | −115−0.7% | Reduced |
| Susquehanna International Group, LLP | 15,414 | $2.35M | 0.00% | +12,036+356.3% | Added |
| Illinois Municipal Retirement Fund | 15,574 | $2.37M | 0.03% | −483−3.0% | Reduced |
| DnB Asset Management AS | 15,993 | $2.44M | 0.01% | +1,365+9.3% | Added |
| MetLife Investment Management | 16,220 | $2.47M | 0.01% | −384−2.3% | Reduced |
| Farrow Financial Inc. | 16,532 | $2.52M | 1.43% | +380+2.4% | Added |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 16,631 | $2.53M | 0.07% | +6,441+63.2% | Added |
| Old Second National Bank of Aurora | 17,173 | $2.62M | 0.54% | −137−0.8% | Reduced |
| XXEC, Inc. | 97,646 | $2.68M | 0.48% | +82,265+534.8% | Added |
| Intech Investment Management LLC | 18,150 | $2.77M | 0.03% | −4,795−20.9% | Reduced |
| Summit Financial, LLC | 18,555 | $2.83M | 0.04% | +5,517+42.3% | Added |
| BLI - Banque de Luxembourg Investments | 17,000 | $2.98M | 0.09% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 19,670 | $3.00M | 0.01% | −580−2.9% | Reduced |
| Regency Capital Management Inc. | 19,818 | $3.02M | 1.35% | +19,818 | New |
| Viking Fund Management LLC | 20,000 | $3.05M | 0.31% | +20,000 | New |
| Fifth Third Bancorp | 20,429 | $3.11M | 0.01% | +20,226+9,963.5% | Added |
| Cardinal Capital Management | 20,652 | $3.15M | 0.41% | +487+2.4% | Added |
| Hennion & Walsh Asset Management, Inc. | 20,771 | $3.16M | 0.11% | −4,595−18.1% | Reduced |
| CBOE Vest Financial, LLC | 22,016 | $3.35M | 0.04% | +13,370+154.6% | Added |
| EFG International AG | 22,466 | $3.42M | 0.07% | +22,466 | New |
| Edgestream Partners, L.P. | 23,010 | $3.51M | 0.12% | +20,704+897.8% | Added |
| American Century Companies Inc | 23,190 | $3.53M | 0.00% | −5,417−18.9% | Reduced |
| Holocene Advisors, LP | 24,140 | $3.68M | 0.01% | +18,053+296.6% | Added |
| Dorsey & Whitney Trust CO LLC | 24,168 | $3.68M | 0.20% | +150+0.6% | Added |
| Trillium Asset Management, LLC | 22,872 | $3.78M | 0.13% | +8,314+57.1% | Added |
| Northstar Asset Management Inc | 25,252 | $3.85M | 1.18% | −1,039−4.0% | Reduced |
| Vanguard Asset Management, Ltd | 26,090 | $3.97M | 0.00% | +26,090 | New |
| US Bancorp | 26,209 | $3.99M | 0.00% | −259−1.0% | Reduced |
| UniSuper Management Pty Ltd | 27,523 | $4.19M | 0.03% | 00.0% | Unchanged |
| Citigroup Inc | 27,973 | $4.26M | 0.00% | +19,584+233.4% | Added |
| Creative Planning | 28,009 | $4.27M | 0.00% | +8,149+41.0% | Added |
| Capital Fund Management S.A. | 28,121 | $4.28M | 0.04% | −3,353−10.7% | Reduced |
| Advisor Group Holdings, Inc. | 28,744 | $4.38M | 0.01% | −883−3.0% | Reduced |
| State of Wisconsin Investment Board | 29,674 | $4.52M | 0.01% | +3,550+13.6% | Added |
| Needham Investment Management LLC | 30,000 | $4.57M | 0.23% | +5,000+20.0% | Added |
| Prudential Financial Inc | 30,193 | $4.60M | 0.01% | +2,682+9.7% | Added |
| Great West Life Assurance Co | 30,309 | $4.62M | 0.01% | −468−1.5% | Reduced |
| Two Sigma Investments, LP | 30,993 | $4.72M | 0.00% | −1,165−3.6% | Reduced |
| Caxton Associates LLP | 31,802 | $4.85M | 0.11% | +31,802 | New |
| Healthcare of Ontario Pension Plan Trust Fund | 33,298 | $5.07M | 0.01% | +33,298 | New |
| Van Eck Associates Corp | 33,922 | $5.17M | 0.00% | +1,003+3.0% | Added |
| California State Teachers Retirement System | 34,191 | $5.21M | 0.01% | +6,095+21.7% | Added |
| Bryn Mawr Trust Co | 34,216 | $5.21M | 0.12% | −68−0.2% | Reduced |
| Palisades Investment Partners, LLC | 35,562 | $5.42M | 2.12% | +1,617+4.8% | Added |
| Federated Hermes, Inc. | 35,723 | $5.44M | 0.01% | +29,877+511.1% | Added |
| D. E. Shaw & Co., Inc. | 36,070 | $5.50M | 0.00% | −1,719−4.5% | Reduced |
| LPL Financial LLC | 36,936 | $5.63M | 0.00% | +2,363+6.8% | Added |
| SEI Investments Co | 37,955 | $5.78M | 0.01% | +24,619+184.6% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 38,117 | $5.81M | 0.01% | −9,239−19.5% | Reduced |
| Jones Financial Companies LLLP | 40,628 | $5.92M | 0.00% | +35,970+772.2% | Added |
| Mirova | 39,132 | $5.96M | 0.24% | −9,708−19.9% | Reduced |
| Meiji Yasuda Asset Management Co Ltd. | 39,285 | $5.99M | 0.30% | +10,467+36.3% | Added |
| Capital Innovations LLC | 39,375 | $6.00M | 1.50% | 00.0% | Unchanged |
| Bridge City Capital, LLC | 39,554 | $6.03M | 1.67% | +8,061+25.6% | Added |
| BNP Paribas Arbitrage, SA | 39,906 | $6.08M | 0.00% | −10,320−20.5% | Reduced |
| Citadel Advisors LLC | 40,038 | $6.10M | 0.00% | +25,431+174.1% | Added |
| Ci Investments Inc. | 40,920 | $6.23M | 0.03% | +10,843+36.1% | Added |
| New York State Common Retirement Fund | 41,477 | $6.32M | 0.01% | +11,790+39.7% | Added |
| Alliancebernstein L.P. | 36,558 | $6.38M | 0.00% | −5,332−12.7% | Reduced |
| Candriam Luxembourg S.C.A. | 42,025 | $6.40M | 0.03% | −5,272−11.1% | Reduced |
| California Public Employees Retirement System | 42,307 | $6.45M | 0.00% | −9,075−17.7% | Reduced |
| Natixis Advisors, L.P. | 43,014 | $6.55M | 0.01% | +3,044+7.6% | Added |
| Duff & Phelps Investment Management Co | 43,111 | $6.57M | 0.07% | −8,827−17.0% | Reduced |
| Teacher Retirement System of Texas | 43,828 | $6.68M | 0.03% | +12,394+39.4% | Added |
| Alta Capital Management LLC | 44,418 | $6.77M | 0.52% | −3,331−7.0% | Reduced |
| KLP Kapitalforvaltning AS | 44,900 | $6.84M | 0.03% | +6,300+16.3% | Added |
| AQR Capital Management LLC | 46,067 | $7.02M | 0.00% | +17,187+59.5% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 48,879 | $7.45M | 0.02% | −14,743−23.2% | Reduced |
| RMB Capital Management, LLC | 52,174 | $7.95M | 0.14% | +1,993+4.0% | Added |
| Warren Averett Asset Management, LLC | 54,075 | $8.24M | 0.06% | −426−0.8% | Reduced |
| Swiss National Bank | 58,200 | $8.87M | 0.01% | 00.0% | Unchanged |
| Victory Capital Management Inc | 59,584 | $9.08M | 0.01% | +43,332+266.6% | Added |
| Granite Investment Partners, LLC | 61,060 | $9.30M | 0.57% | +61,060 | New |
| Cerity Partners LLC | 61,155 | $9.32M | 0.01% | +11,395+22.9% | Added |
| Wells Fargo & Company | 62,387 | $9.50M | 0.00% | −22,646−26.6% | Reduced |
| Man Group plc | 64,936 | $9.89M | 0.02% | +2,678+4.3% | Added |
| Triodos Investment Management BV | 65,000 | $9.90M | 0.75% | 00.0% | Unchanged |