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 |
|---|---|---|---|---|---|
| Ameriprise Financial Inc | 71,032 | $10.8M | 0.00% | −2,120−2.9% | Reduced |
| Swiss Life Asset Management Ltd | 71,111 | $10.8M | 0.05% | +15,123+27.0% | Added |
| Brown Capital Management LLC | 72,119 | $11.0M | 1.56% | −29,400−29.0% | Reduced |
| Squarepoint Ops LLC | 75,936 | $11.6M | 0.02% | +65,985+663.1% | Added |
| Alps Advisors Inc | 78,900 | $12.0M | 0.06% | −302−0.4% | Reduced |
| ProShare Advisors LLC | 84,053 | $12.8M | 0.02% | +8,195+10.8% | Added |
| Segall Bryant & Hamill, LLC | 86,478 | $13.2M | 0.19% | +65,650+315.2% | Added |
| UBS Asset Management Americas Inc | 86,689 | $13.2M | 0.00% | +8,388+10.7% | Added |
| Commonwealth Equity Services, LLC | 87,383 | $13.3M | 0.02% | +10,784+14.1% | Added |
| Rodgers Brothers Inc. | 89,232 | $13.6M | 1.57% | +3,795+4.4% | Added |
| EULAV Asset Management | 91,200 | $13.9M | 0.44% | 00.0% | Unchanged |
| Select Equity Group, L.P. | 91,824 | $14.0M | 0.07% | −16,046−14.9% | Reduced |
| Deutsche Bank AG | 94,006 | $14.3M | 0.00% | +31,269+49.8% | Added |
| Handelsbanken Fonder AB | 97,092 | $14.8M | 0.05% | +1,430+1.5% | Added |
| Bridges Investment Management Inc | 97,405 | $14.8M | 0.20% | +83,619+606.6% | Added |
| Gamco Investors, Inc. Et Al | 98,725 | $15.0M | 0.15% | +5,000+5.3% | Added |
| Epoch Investment Partners, Inc. | 100,872 | $15.4M | 0.09% | +100,872 | New |
| Congress Asset Management Co | 102,095 | $15.6M | 0.11% | +862+0.9% | Added |
| Gabelli Funds LLC | 103,194 | $15.7M | 0.11% | +644+0.6% | Added |
| Mairs & Power Inc | 104,815 | $16.0M | 0.16% | +2,002+1.9% | Added |
| Public Sector Pension Investment Board | 105,471 | $16.1M | 0.05% | +3,439+3.4% | Added |
| Tudor Investment Corp Et Al | 109,868 | $16.7M | 0.09% | −21,043−16.1% | Reduced |
| Voloridge Investment Management, LLC | 113,238 | $17.3M | 0.07% | −49,724−30.5% | Reduced |
| Dudley & Shanley, Inc. | 122,150 | $18.6M | 3.04% | +39,455+47.7% | Added |
| Conestoga Capital Advisors, LLC | 122,658 | $18.7M | 0.37% | −7,735−5.9% | Reduced |
| Rhumbline Advisers | 123,110 | $18.8M | 0.02% | +11,292+10.1% | Added |
| Allianz Asset Management GmbH | 125,717 | $19.2M | 0.02% | +16,878+15.5% | Added |
| Raymond James Financial Inc | 129,117 | $19.2M | 0.01% | +8,696+7.2% | Added |
| Millennium Management LLC | 126,098 | $19.2M | 0.01% | −14,358−10.2% | Reduced |
| Envestnet Asset Management Inc | 131,098 | $20.0M | 0.01% | +18,749+16.7% | Added |
| Jupiter Asset Management Ltd | 131,449 | $20.0M | 0.11% | +30,923+30.8% | Added |
| Fundsmith Investment Services Ltd. | 132,631 | $20.2M | 0.46% | 00.0% | Unchanged |
| Nuveen, LLC | 135,127 | $20.6M | 0.01% | −1,279−0.9% | Reduced |
| DekaBank Deutsche Girozentrale | 137,060 | $20.6M | 0.03% | 00.0% | Unchanged |
| Bessemer Group Inc | 136,066 | $20.7M | 0.03% | −30,341−18.2% | Reduced |
| Arrowstreet Capital, Limited Partnership | 137,680 | $21.0M | 0.01% | −37,219−21.3% | Reduced |
| Robeco Schweiz AG | 141,393 | $21.5M | 0.46% | +2,171+1.6% | Added |
| Fundsmith LLPSuperinvestorFundsmith | 142,491 | $21.7M | 0.17% | +142,491 | New |
| Royal Bank of Canada | 145,889 | $22.2M | 0.00% | −32,671−18.3% | Reduced |
| DF Dent & Co Inc | 150,869 | $23.0M | 0.44% | +29,037+23.8% | Added |
| Storebrand Asset Management AS | 155,578 | $23.7M | 0.07% | +22,134+16.6% | Added |
| Toroso Investments, LLC | 163,518 | $24.9M | 0.08% | −3,390−2.0% | Reduced |
| Belpointe Asset Management LLC | 178,960 | $27.3M | 1.00% | 00.0% | Unchanged |
| Principal Financial Group Inc | 180,576 | $27.5M | 0.01% | +5,078+2.9% | Added |
| TD Asset Management Inc | 182,010 | $27.7M | 0.02% | +182,010 | New |
| American Capital Management Inc | 185,841 | $28.3M | 1.52% | +185,841 | New |
| Renaissance Technologies LLC | 199,200 | $30.3M | 0.05% | +60,800+43.9% | Added |
| Legal & General Group Plc | 202,826 | $30.9M | 0.01% | +23,982+13.4% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 203,754 | $31.0M | 0.08% | +97,835+92.4% | Added |
| Bank of New York Mellon Corp | 205,244 | $31.3M | 0.01% | −4,972−2.4% | Reduced |
| Vanguard Fiduciary Trust Co | 205,794 | $31.4M | 0.01% | +205,794 | New |
| Franklin Resources Inc | 221,302 | $33.7M | 0.01% | +42,459+23.7% | Added |
| Price T Rowe Associates Inc | 260,763 | $39.7M | 0.00% | +11,143+4.5% | Added |
| Rockefeller Capital Management L.P. | 261,692 | $39.9M | 0.07% | +49,407+23.3% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 263,870 | $40.2M | 0.05% | +15,403+6.2% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 269,551 | $41.1M | 0.12% | −11,006−3.9% | Reduced |
| Bank of America Corp | 292,852 | $44.6M | 0.00% | +167,444+133.5% | Added |
| Bamco Inc | 312,213 | $47.6M | 0.14% | +12,167+4.1% | Added |
| Charles Schwab Investment Management Inc | 319,564 | $48.7M | 0.01% | +3,233+1.0% | Added |
| Northern Trust Corp | 332,495 | $50.7M | 0.01% | +27,940+9.2% | Added |
| Neuberger Berman Group LLC | 346,720 | $52.8M | 0.04% | +5,370+1.6% | Added |
| Pictet Asset Management Holding SA | 394,344 | $60.1M | 0.06% | −360,058−47.7% | Reduced |
| Amundi | 459,063 | $70.0M | 0.02% | +45,076+10.9% | Added |
| JPMorgan Chase & Co | 475,724 | $70.5M | 0.00% | +89,437+23.2% | Added |
| Goldman Sachs Group Inc | 464,823 | $70.8M | 0.01% | +64,896+16.2% | Added |
| Marshall Wace, LLP | 506,690 | $77.2M | 0.08% | +226,533+80.9% | Added |
| Boston Trust Walden Corp | 530,169 | $80.8M | 0.66% | +22,477+4.4% | Added |
| Dimensional Fund Advisors LP | 540,272 | $82.3M | 0.02% | +29,623+5.8% | Added |
| First Trust Advisors LP | 560,356 | $85.4M | 0.06% | +198,430+54.8% | Added |
| Morgan Stanley | 663,192 | $101.0M | 0.01% | −57,777−8.0% | Reduced |
| Invesco Ltd. | 777,907 | $118.5M | 0.01% | +11,814+1.5% | Added |
| UBS Group AG | 858,174 | $130.7M | 0.02% | +145,524+20.4% | Added |
| Geode Capital Management, LLC | 938,831 | $143.1M | 0.01% | +61,977+7.1% | Added |
| Vanguard Capital Management LLC | 1,301,620 | $198.3M | 0.00% | +1,301,620 | New |
| State Street Corp | 1,524,970 | $232.3M | 0.01% | +66,396+4.6% | Added |
| Vanguard Portfolio Management LLC | 2,451,651 | $373.5M | 0.02% | +2,451,651 | New |
| BlackRock, Inc. | 4,951,882 | $754.4M | 0.01% | −177,500−3.5% | Reduced |
| Qube Research & Technologies Ltd | 0 | $0 | 0.00% | −97,619−100.0% | Sold out |
| La Banque Postale Asset Management SA | 0 | $0 | 0.00% | −77,078−100.0% | Sold out |
| Erste Asset Management GmbH | 0 | $0 | 0.00% | −35,623−100.0% | Sold out |
| Perpetual Ltd | 0 | $0 | 0.00% | −33,289−100.0% | Sold out |
| HSBC Holdings PLC | 0 | $0 | 0.00% | −24,934−100.0% | Sold out |
| Tower View Investment Management & Research LLC | 0 | $0 | 0.00% | −15,887−100.0% | Sold out |
| Carderock Capital Management Inc | 0 | $0 | 0.00% | −14,010−100.0% | Sold out |
| Fideuram - Intesa Sanpaolo Private Banking S.P.A. | 0 | $0 | 0.00% | −12,192−100.0% | Sold out |
| Lazard Asset Management LLC | 0 | $0 | 0.00% | −12,096−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −10,552−100.0% | Sold out |
| Argent Capital Management LLC | 0 | $0 | 0.00% | −8,525−100.0% | Sold out |
| Town & Country Bank & Trust CO dba First Bankers Trust CO | 0 | $0 | 0.00% | −8,382−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −7,524−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −6,900−100.0% | Sold out |
| Cavalier Investments, LLC | 0 | $0 | 0.00% | −6,837−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −6,423−100.0% | Sold out |
| Oak Ridge Investments LLC | 0 | $0 | 0.00% | −6,405−100.0% | Sold out |
| Lombard Odier Asset Management (USA) Corp | 0 | $0 | 0.00% | −5,760−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −4,733−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −4,140−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −3,536−100.0% | Sold out |
| Trust Point Inc. | 0 | $0 | 0.00% | −3,205−100.0% | Sold out |
| Guggenheim Capital LLC | 0 | $0 | 0.00% | −3,064−100.0% | Sold out |