Skip to main content

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.

Institutional holdersQ1 2026: 477 institutions
Q1 2021: 263 institutionsQ2 2021: 249 institutionsQ3 2021: 257 institutionsQ4 2021: 273 institutionsQ1 2022: 286 institutionsQ2 2022: 272 institutionsQ3 2022: 281 institutionsQ4 2022: 310 institutionsQ1 2023: 324 institutionsQ2 2023: 355 institutionsQ3 2023: 374 institutionsQ4 2023: 395 institutionsQ1 2024: 415 institutionsQ2 2024: 451 institutionsQ3 2024: 477 institutionsQ4 2024: 490 institutionsQ1 2025: 497 institutionsQ2 2025: 536 institutionsQ3 2025: 480 institutionsQ4 2025: 490 institutionsQ1 2026: 477 institutionsQ2 2026: 483 institutions
Value heldQ1 2026: $4.63B
Q1 2021: $2.36BQ2 2021: $2.48BQ3 2021: $2.56BQ4 2021: $3.05BQ1 2022: $2.53BQ2 2022: $2.07BQ3 2022: $2.37BQ4 2022: $2.74BQ1 2023: $3.13BQ2 2023: $3.82BQ3 2023: $3.77BQ4 2023: $4.06BQ1 2024: $4.25BQ2 2024: $4.90BQ3 2024: $5.75BQ4 2024: $5.72BQ1 2025: $5.33BQ2 2025: $6.92BQ3 2025: $5.06BQ4 2025: $5.17BQ1 2026: $4.63BQ2 2026: $4.86B
Institutions holding BMI and their total value by quarter
QuarterHoldersValue
Q2 2026483$4.86B
Q1 2026477$4.63B
Q4 2025490$5.17B
Q3 2025480$5.06B
Q2 2025536$6.92B
Q1 2025497$5.33B
Q4 2024490$5.72B
Q3 2024477$5.75B
Q2 2024451$4.90B
Q1 2024415$4.25B
Q4 2023395$4.06B
Q3 2023374$3.77B
Q2 2023355$3.82B
Q1 2023324$3.13B
Q4 2022310$2.74B
Q3 2022281$2.37B
Q2 2022272$2.07B
Q1 2022286$2.53B
Q4 2021273$3.05B
Q3 2021257$2.56B
Q2 2021249$2.48B
Q1 2021263$2.36B

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q4 2025.

Institutions holding BMI in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Bridge City Capital, LLC39,554$6.03M1.67%+8,061+25.6%Added
Capital Innovations LLC39,375$6.00M1.50%00.0%Unchanged
Meiji Yasuda Asset Management Co Ltd.39,285$5.99M0.30%+10,467+36.3%Added
Mirova39,132$5.96M0.24%−9,708−19.9%Reduced
Jones Financial Companies LLLP40,628$5.92M0.00%+35,970+772.2%Added
Universal- Beteiligungs- und Servicegesellschaft mbH38,117$5.81M0.01%−9,239−19.5%Reduced
SEI Investments Co37,955$5.78M0.01%+24,619+184.6%Added
LPL Financial LLC36,936$5.63M0.00%+2,363+6.8%Added
D. E. Shaw & Co., Inc.36,070$5.50M0.00%−1,719−4.5%Reduced
Federated Hermes, Inc.35,723$5.44M0.01%+29,877+511.1%Added
Palisades Investment Partners, LLC35,562$5.42M2.12%+1,617+4.8%Added
Bryn Mawr Trust Co34,216$5.21M0.12%−68−0.2%Reduced
California State Teachers Retirement System34,191$5.21M0.01%+6,095+21.7%Added
Van Eck Associates Corp33,922$5.17M0.00%+1,003+3.0%Added
Healthcare of Ontario Pension Plan Trust Fund33,298$5.07M0.01%+33,298New
Caxton Associates LLP31,802$4.85M0.11%+31,802New
Two Sigma Investments, LP30,993$4.72M0.00%−1,165−3.6%Reduced
Great West Life Assurance Co30,309$4.62M0.01%−468−1.5%Reduced
Prudential Financial Inc30,193$4.60M0.01%+2,682+9.7%Added
Needham Investment Management LLC30,000$4.57M0.23%+5,000+20.0%Added
State of Wisconsin Investment Board29,674$4.52M0.01%+3,550+13.6%Added
Advisor Group Holdings, Inc.28,744$4.38M0.01%−883−3.0%Reduced
Capital Fund Management S.A.28,121$4.28M0.04%−3,353−10.7%Reduced
Creative Planning28,009$4.27M0.00%+8,149+41.0%Added
Citigroup Inc27,973$4.26M0.00%+19,584+233.4%Added
UniSuper Management Pty Ltd27,523$4.19M0.03%00.0%Unchanged
US Bancorp26,209$3.99M0.00%−259−1.0%Reduced
Vanguard Asset Management, Ltd26,090$3.97M0.00%+26,090New
Northstar Asset Management Inc25,252$3.85M1.18%−1,039−4.0%Reduced
Trillium Asset Management, LLC22,872$3.78M0.13%+8,314+57.1%Added
Dorsey & Whitney Trust CO LLC24,168$3.68M0.20%+150+0.6%Added
Holocene Advisors, LP24,140$3.68M0.01%+18,053+296.6%Added
American Century Companies Inc23,190$3.53M0.00%−5,417−18.9%Reduced
Edgestream Partners, L.P.23,010$3.51M0.12%+20,704+897.8%Added
EFG International AG22,466$3.42M0.07%+22,466New
CBOE Vest Financial, LLC22,016$3.35M0.04%+13,370+154.6%Added
Hennion & Walsh Asset Management, Inc.20,771$3.16M0.11%−4,595−18.1%Reduced
Cardinal Capital Management20,652$3.15M0.41%+487+2.4%Added
Fifth Third Bancorp20,429$3.11M0.01%+20,226+9,963.5%Added
Viking Fund Management LLC20,000$3.05M0.31%+20,000New
Regency Capital Management Inc.19,818$3.02M1.35%+19,818New
Thrivent Financial for Lutherans19,670$3.00M0.01%−580−2.9%Reduced
BLI - Banque de Luxembourg Investments17,000$2.98M0.09%00.0%Unchanged
Summit Financial, LLC18,555$2.83M0.04%+5,517+42.3%Added
Intech Investment Management LLC18,150$2.77M0.03%−4,795−20.9%Reduced
XXEC, Inc.97,646$2.68M0.48%+82,265+534.8%Added
Old Second National Bank of Aurora17,173$2.62M0.54%−137−0.8%Reduced
Nelson, Van Denburg & Campbell Wealth Management Group, LLC16,631$2.53M0.07%+6,441+63.2%Added
Farrow Financial Inc.16,532$2.52M1.43%+380+2.4%Added
MetLife Investment Management16,220$2.47M0.01%−384−2.3%Reduced
DnB Asset Management AS15,993$2.44M0.01%+1,365+9.3%Added
Illinois Municipal Retirement Fund15,574$2.37M0.03%−483−3.0%Reduced
Susquehanna International Group, LLP15,414$2.35M0.00%+12,036+356.3%Added
Russell Investments Group, Ltd.15,275$2.33M0.00%−115−0.7%Reduced
Stifel Financial Corp14,986$2.28M0.00%+1,520+11.3%Added
Advisors Asset Management, Inc.14,944$2.28M0.04%−7,479−33.4%Reduced
Assenagon Asset Management S.A.14,756$2.25M0.00%−4,414−23.0%Reduced
State of Alaska, Department of Revenue14,548$2.22M0.02%−458−3.1%Reduced
LRT Capital Management, LLC14,203$2.16M2.02%+14,203New
Manufacturers Life Insurance Company, The14,023$2.14M0.00%−472−3.3%Reduced
State of New Jersey Common Pension Fund D13,892$2.12M0.01%+1,355+10.8%Added
Bank of Montreal13,766$2.10M0.00%+2,232+19.4%Added
Louisiana State Employees Retirement System13,100$2.00M0.03%−400−3.0%Reduced
Linden Thomas Advisory Services, LLC12,961$1.97M0.19%+233+1.8%Added
FMR LLC12,868$1.96M0.00%+312+2.5%Added
Janus Henderson Group PLC12,849$1.96M0.00%−52,658−80.4%Reduced
Annex Advisory Services, LLC12,701$1.93M0.04%−99−0.8%Reduced
Vanguard Global Advisers, LLC11,879$1.81M0.00%+11,879New
Kestra Advisory Services, LLC11,695$1.78M0.01%+749+6.8%Added
Raiffeisen Bank International AG12,000$1.78M0.03%+3,000+33.3%Added
Agf Management Ltd11,451$1.74M0.01%−310−2.6%Reduced
Abacus Wealth Partners, LLC11,426$1.74M0.16%+1,221+12.0%Added
Numerai GP LLC11,384$1.73M0.17%+417+3.8%Added
Bowen Hanes & Co Inc11,275$1.72M0.04%−246,005−95.6%Reduced
Barclays PLC10,778$1.64M0.00%−44,723−80.6%Reduced
New York State Teachers Retirement System10,680$1.63M0.00%−954−8.2%Reduced
Martingale Asset Management L P10,510$1.60M0.04%−801−7.1%Reduced
Truist Financial Corp10,473$1.60M0.00%−401−3.7%Reduced
Meiji Yasuda Life Insurance Co10,100$1.54M0.05%+2,400+31.2%Added
Pathstone Holdings, LLC10,085$1.54M0.01%+1,201+13.5%Added
Kornitzer Capital Management Inc9,500$1.45M0.03%+9,500New
Cim, LLC9,488$1.45M0.21%−5−0.1%Reduced
Kiker Wealth Management, LLC9,287$1.41M0.68%+9,287New
Kennedy Capital Management, Inc.9,271$1.41M0.03%+9,271New
Virginia Retirement Systems Et Al9,250$1.41M0.01%+7,900+585.2%Added
Essex Investment Management Co LLC9,158$1.40M0.22%−200−2.1%Reduced
SEB Asset Management AB9,103$1.39M0.01%+9,103New
Dark Forest Capital Management LP8,901$1.36M0.12%+5,099+134.1%Added
Standard Life Aberdeen plc8,637$1.32M0.00%−104,388−92.4%Reduced
The PNC Financial Services Group, Inc.8,490$1.29M0.00%−453−5.1%Reduced
Amalgamated Bank8,478$1.29M0.01%−92−1.1%Reduced
Quantbot Technologies LP8,217$1.25M0.05%+4,276+108.5%Added
Arizona State Retirement System8,094$1.23M0.01%−140−1.7%Reduced
Police & Firemen's Retirement System of New Jersey8,075$1.23M0.01%00.0%Unchanged
Hantz Financial Services, Inc.8,015$1.22M0.02%−934−10.4%Reduced
Mitsubishi UFJ Asset Management (UK) Ltd.8,000$1.22M0.63%−2,000−20.0%Reduced
Yousif Capital Management, LLC7,969$1.21M0.01%−911−10.3%Reduced
Royce & Associates LP7,905$1.20M0.01%+1,023+14.9%Added
Davy Global Fund Management Ltd7,882$1.20M0.09%+14+0.2%Added
Connor, Clark & Lunn Investment Management Ltd.7,851$1.20M0.00%+7,851New