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 |
|---|---|---|---|---|---|
| Bahl & Gaynor Inc | 7,813 | $1.19M | 0.01% | +7,813 | New |
| Sumitomo Mitsui Trust Holdings, Inc. | 7,793 | $1.19M | 0.00% | +1,902+32.3% | Added |
| Vontobel Holding Ltd. | 7,658 | $1.17M | 0.00% | −2,771−26.6% | Reduced |
| Union Bancaire Privee, UBP SA | 7,737 | $1.13M | 0.02% | −187−2.4% | Reduced |
| Teachers Retirement System of the State of Kentucky | 7,388 | $1.13M | 0.01% | 00.0% | Unchanged |
| Ethic Inc. | 7,373 | $1.12M | 0.02% | +1,687+29.7% | Added |
| 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 |
| Montanaro Asset Management Ltd | 7,300 | $1.11M | 0.33% | −4,700−39.2% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 7,288 | $1.11M | 0.01% | −8−0.1% | Reduced |
| Values First Advisors, Inc. | 7,216 | $1.10M | 0.57% | +91+1.3% | Added |
| Nikko Asset Management Americas, Inc. | 7,174 | $1.09M | 0.02% | +1,902+36.1% | Added |
| Cypress Advisory Group LLC | 7,077 | $1.08M | 0.82% | +7,077 | New |
| Vanguard Investments Australia, Ltd. | 7,039 | $1.07M | 0.00% | +7,039 | New |
| Diversify Wealth Management, LLC | 9,019 | $1.06M | 0.02% | +2,880+46.9% | Added |
| SG Americas Securities, LLC | 6,961 | $1.06M | 0.00% | −15,314−68.7% | Reduced |
| Johnson Financial Group, Inc. | 6,770 | $1.03M | 0.04% | −200−2.9% | Reduced |
| Oregon Public Employees Retirement Fund | 6,740 | $1.03M | 0.01% | −20.0% | Reduced |
| State of Tennessee, Treasury Department | 6,668 | $1.02M | 0.00% | −6,167−48.0% | Reduced |
| State Board of Administration of Florida Retirement System | 6,632 | $1.01M | 0.00% | 00.0% | Unchanged |
| MML Investors Services, LLC | 6,595 | $1.00M | 0.00% | −2,859−30.2% | Reduced |
| Cetera Investment Advisers | 6,383 | $972.4K | 0.00% | +474+8.0% | Added |
| Oddo BHF Asset Management SAS | 6,379 | $971.8K | 0.04% | −1,900−22.9% | Reduced |
| SBI Okasan Asset Management Co.Ltd. | 6,400 | $947.8K | 0.04% | 00.0% | Unchanged |
| Navigation Group, LLC | 6,114 | $931.5K | 0.22% | +6,114 | New |
| Voya Investment Management LLC | 6,108 | $930.6K | 0.00% | −7,510−55.1% | Reduced |
| CenterBook Partners LP | 6,061 | $923.4K | 0.05% | +6,061 | New |
| Level Four Advisory Services, LLC | 6,055 | $922.5K | 0.03% | +35+0.6% | Added |
| River Street Advisors LLC | 6,040 | $920.2K | 0.31% | +655+12.2% | Added |
| JustInvest LLC | 5,950 | $906.5K | 0.01% | +422+7.6% | Added |
| Flputnam Investment Management Co | 5,865 | $893.5K | 0.01% | 00.0% | Unchanged |
| CI Private Wealth, LLC | 5,763 | $878.0K | 0.00% | −162−2.7% | Reduced |
| Van Hulzen Asset Management, LLC | 5,725 | $872.3K | 0.06% | +3,251+131.4% | Added |
| Boothbay Fund Management, LLC | 5,701 | $868.5K | 0.02% | +5,701 | New |
| Caption Management, LLC | 5,500 | $837.9K | 0.04% | +5,500 | New |
| Pinnacle Financial Partners, Inc. | 5,422 | $826.0K | 0.01% | +2,784+105.5% | Added |
| Mercer Global Advisors Inc | 5,278 | $804.1K | 0.00% | −305−5.5% | Reduced |
| Gotham Asset Management, LLC | 5,191 | $790.8K | 0.00% | +2,079+66.8% | Added |
| Ofi Invest Asset Management | 5,913 | $781.8K | 0.01% | −101,803−94.5% | Reduced |
| Quadrature Capital Ltd | 5,078 | $773.6K | 0.01% | +5,078 | New |
| Marietta Investment Partners LLC | 4,921 | $749.7K | 0.15% | −1,650−25.1% | Reduced |
| Mission Wealth Management, LP | 4,620 | $703.9K | 0.01% | +70+1.5% | Added |
| Zions Bancorporation, National Association | 4,480 | $682.5K | 0.04% | −3,022−40.3% | Reduced |
| OP Asset Management Ltd | 4,294 | $654.2K | 0.01% | 00.0% | Unchanged |
| Maryland State Retirement & Pension System | 4,291 | $653.7K | 0.01% | −25−0.6% | Reduced |
| Legato Capital Management LLC | 4,167 | $634.8K | 0.06% | +635+18.0% | Added |
| Envestnet Portfolio Solutions, Inc. | 4,124 | $628.3K | 0.00% | +205+5.2% | Added |
| Entropy Technologies, LP | 4,121 | $627.8K | 0.03% | −503−10.9% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 4,114 | $626.8K | 0.00% | −7,700−65.2% | Reduced |
| CWM Advisors, LLC | 4,089 | $622.9K | 0.04% | +762+22.9% | Added |
| HighTower Advisors, LLC | 3,967 | $604.4K | 0.00% | +952+31.6% | Added |
| Grandeur Peak Global Advisors, LLC | 3,889 | $592.5K | 0.14% | +3,889 | New |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. | 3,741 | $569.9K | 0.08% | −165−4.2% | Reduced |
| Vident Advisory, LLC | 3,717 | $566.4K | 0.00% | −18,138−83.0% | Reduced |
| First Citizens Bank & Trust Co | 3,715 | $566.0K | 0.01% | +47+1.3% | Added |
| Plus Group Wealth Advisors LLC | 3,694 | $562.8K | 0.62% | +160+4.5% | Added |
| Sequoia Financial Advisors, LLC | 3,638 | $554.3K | 0.00% | −413−10.2% | Reduced |
| Quadrant Capital Group LLC | 3,633 | $553.5K | 0.02% | +15+0.4% | Added |
| First Interstate Bank | 3,596 | $547.9K | 0.03% | +1,053+41.4% | Added |
| Benjamin Edwards Inc | 3,592 | $547.3K | 0.01% | +263+7.9% | Added |
| Norway Savings Bank | 3,544 | $539.9K | 0.26% | +889+33.5% | Added |
| Davenport & Co LLC | 3,403 | $518.4K | 0.00% | +10+0.3% | Added |
| Mutual of America Capital Management LLC | 3,373 | $513.9K | 0.01% | +5+0.1% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 3,334 | $507.9K | 0.01% | −18,046−84.4% | Reduced |
| Xponance, Inc. | 3,283 | $500.2K | 0.00% | +285+9.5% | Added |
| Harbour Investments, Inc. | 3,274 | $498.9K | 0.01% | +2,510+328.5% | Added |
| Teton Advisors, LLC | 3,250 | $495.1K | 0.35% | 00.0% | Unchanged |
| Lazard Freres Gestion S.A.S. | 3,250 | $495.0K | 0.01% | 00.0% | Unchanged |
| Public Employees Retirement Association of Colorado | 3,222 | $491.0K | 0.00% | 00.0% | Unchanged |
| 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 |
| Atria Investments LLC | 3,161 | $481.6K | 0.01% | +842+36.3% | Added |
| Crossmark Global Holdings, Inc. | 3,055 | $465.4K | 0.01% | +197+6.9% | Added |
| Aviva PLC | 2,974 | $453.1K | 0.00% | +206+7.4% | Added |
| Wealth Enhancement Advisory Services, LLC | 2,877 | $450.9K | 0.00% | −16,055−84.8% | Reduced |
| CIBC Bancorp USA Inc. | 2,950 | $449.5K | 0.00% | +2,950 | New |
| Park Avenue Securities LLC | 2,926 | $446.0K | 0.00% | +72+2.5% | Added |
| Exchange Traded Concepts, LLC | 2,896 | $441.2K | 0.00% | −1,491−34.0% | Reduced |
| Schroder Investment Management Group | 2,953 | $437.3K | 0.00% | −120−3.9% | Reduced |
| D.B. Root & Company, LLC | 2,840 | $432.7K | 0.10% | +2,840 | New |
| Quantinno Capital Management LP | 2,828 | $430.9K | 0.00% | −1,918−40.4% | Reduced |
| Empowered Funds, LLC | 2,793 | $425.5K | 0.00% | +2,793 | New |
| Ellenbecker Investment Group | 2,713 | $413.3K | 0.06% | 00.0% | Unchanged |
| Baird Financial Group, Inc. | 2,625 | $399.9K | 0.00% | −18,369−87.5% | Reduced |
| FORA Capital, LLC | 2,622 | $399.0K | 0.03% | +2,622 | New |
| Oppenheimer Asset Management Inc. | 2,453 | $373.7K | 0.00% | +2,453 | New |
| Ballentine Partners, LLC | 2,427 | $369.8K | 0.01% | +244+11.2% | Added |
| Corient IA LLC | 2,420 | $368.7K | 0.35% | −580−19.3% | Reduced |
| Ameritas Investment Partners, Inc. | 2,410 | $367.2K | 0.01% | 00.0% | Unchanged |
| Modern Wealth Management, LLC | 2,372 | $365.8K | 0.01% | +376+18.8% | Added |
| Tower Research Capital LLC (TRC) | 2,394 | $364.7K | 0.01% | +1,675+233.0% | Added |
| Gibbs Wealth Management | 2,315 | $352.7K | 0.05% | +2,315 | New |
| Evergreen Capital Management LLC | 2,305 | $351.2K | 0.01% | −490−17.5% | Reduced |
| FIL Ltd | 2,281 | $347.5K | 0.00% | −3,575−61.0% | Reduced |
| Burney Co | 2,275 | $346.6K | 0.01% | −220−8.8% | Reduced |
| Cresset Asset Management, LLC | 2,258 | $344.0K | 0.00% | +82+3.8% | Added |
| Saturna Capital CORP | 2,233 | $340.2K | 0.00% | 00.0% | Unchanged |
| Midwest Professional Planners, LTD. | 2,193 | $334.1K | 0.08% | −175−7.4% | Reduced |
| Putney Financial Group LLC | 2,180 | $332.1K | 0.33% | −160−6.8% | Reduced |
| Inspire Advisors, LLC | 2,151 | $327.7K | 0.03% | +133+6.6% | Added |