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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
N.E.W. Advisory Services LLC141$21.5K0.00%00.0%Unchanged
Public Employees Retirement System of Ohio140$21.3K0.00%+20+16.7%Added
National Bank of Canada137$20.8K0.00%+137New
Measured Wealth Private Client Group, LLC134$20.4K0.01%+134New
Parkside Financial Bank & Trust124$18.9K0.00%+28+29.2%Added
Advisory Services Network, LLC122$18.6K0.00%+122New
Leonteq Securities AG121$18.4K0.00%+19+18.6%Added
Salomon & Ludwin, LLC117$18.3K0.00%−73−38.4%Reduced
Transamerica Financial Advisors, Inc.103$15.7K0.00%+22+27.2%Added
IAG Wealth Partners, LLC100$15.2K0.00%00.0%Unchanged
UMA Financial Services, Inc.97$14.8K0.00%+27+38.6%Added
Massmutual Trust Co FSB93$14.2K0.00%−7−7.0%Reduced
Guinness Asset Management LTD93$14.2K0.00%00.0%Unchanged
Golden State Wealth Management, LLC92$14.1K0.00%−4−4.2%Reduced
Financial Network Wealth Advisors LLC88$13.4K0.01%−9−9.3%Reduced
Strategic Advocates LLC87$13.3K0.06%−136−61.0%Reduced
Harbor Capital Advisors, Inc.84$13.0K0.00%+51+154.5%Added
MidFirst Bank81$12.3K0.00%00.0%Unchanged
Addison Advisors LLC78$11.9K0.00%+10+14.7%Added
Rocky Mountain Advisers, LLC72$11.0K0.00%00.0%Unchanged
TD Waterhouse Canada Inc.69$10.6K0.00%−3,720−98.2%Reduced
Versant Capital Management, Inc68$10.4K0.00%−6−8.1%Reduced
Brown Brothers Harriman & Co60$9.14K0.00%−17−22.1%Reduced
Bell Investment Advisors, Inc54$8.23K0.00%00.0%Unchanged
Bare Financial Services, Inc53$8.07K0.00%+38+253.3%Added
Root Financial Partners, LLC52$7.92K0.00%−12−18.8%Reduced
Cornerstone Planning Group LLC61$7.39K0.00%+61New
Twin Peaks Wealth Advisors, LLC47$7.16K0.00%+47New
Oakworth Capital, Inc.41$6.25K0.00%00.0%Unchanged
Winch Advisory Services, LLC34$5.18K0.00%00.0%Unchanged
Private Wealth Management Group, LLC32$4.88K0.00%−11−25.6%Reduced
Thurston, Springer, Miller, Herd & Titak, Inc.29$4.42K0.00%00.0%Unchanged
CVA Family Office, LLC27$4.11K0.00%+27New
JFS Wealth Advisors, LLC26$3.96K0.00%+1+4.0%Added
Keating Financial Advisory Services, Inc.25$3.81K0.00%+15+150.0%Added
Rothschild Investment LLC24$3.66K0.00%+11+84.6%Added
Bogart Wealth, LLC22$3.35K0.00%00.0%Unchanged
Golden State Equity Partners21$3.20K0.00%+21New
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.20$3.05K0.00%00.0%Unchanged
Stance Capital LLC17$2.65K0.00%+17New
Farmers & Merchants Investments Inc16$2.44K0.00%−2−11.1%Reduced
Rossby Financial, LCC15$2.31K0.00%+9+150.0%Added
Assetmark, Inc15$2.29K0.00%−5−25.0%Reduced
Whittier Trust Co of Nevada Inc13$2.02K0.00%+4+44.4%Added
Whittier Trust Co13$2.02K0.00%+13New
TD Capital Management LLC13$2.00K0.00%00.0%Unchanged
North Star Investment Management Corp.13$1.98K0.00%+13New
High Note Wealth, LLC12$1.83K0.00%−10−45.5%Reduced
MPWM Advisory Solutions, LLC12$1.83K0.00%00.0%Unchanged
Entrust Financial LLC11$1.68K0.00%00.0%Unchanged
IFP Advisors, Inc9$1.37K0.00%00.0%Unchanged
Fortitude Family Office, LLC7$1.07K0.00%+5+250.0%Added
TD Private Client Wealth LLC7$1.04K0.00%−8−53.3%Reduced
Montag A & Associates Inc7$1.01K0.00%+7New
Sound Income Strategies, LLC6$9250.00%00.0%Unchanged
Ronald Blue Trust, Inc.6$9140.00%−336−98.2%Reduced
Essential Partners LLC6$9140.00%+5+500.0%Added
DiNuzzo Private Wealth, Inc.5$7620.00%−1−16.7%Reduced
Creative Financial Designs Inc5$7620.00%00.0%Unchanged
Ankerstar Wealth, LLC5$7620.00%+1+25.0%Added
SJS Investment Consulting Inc.5$7620.00%+3+150.0%Added
Raffa Wealth Management, LLC4$6090.00%00.0%Unchanged
Cornerstone Financial Management LLC4$6090.00%00.0%Unchanged
Hughes Financial Services, LLC4$6090.00%+4New
Gilpin Wealth Management, LLC3$4580.00%+2+200.0%Added
MCF Advisors LLC3$4580.00%+3New
Bay Harbor Wealth Management, LLC3$4570.00%+1+50.0%Added
Abound Wealth Management2$3050.00%00.0%Unchanged
HFM Investment Advisors, LLC2$3050.00%00.0%Unchanged
Basecamp Wealth Advisors LLC2$3050.00%00.0%Unchanged
Prestige Wealth Management Group LLC2$3050.00%+2New
TFC Financial Management1$1530.00%00.0%Unchanged
Copeland Capital Management, LLC1$1520.00%00.0%Unchanged
Vermillion Wealth Management, Inc.1$1520.00%+1New
Curio Wealth, LLC1$1520.00%+1New
Signature Equity Partners, LLC1$1520.00%+1New
Cullen/Frost Bankers, Inc.0$10.00%0Unchanged
Qube Research & Technologies Ltd0$00.00%−97,619−100.0%Sold out
La Banque Postale Asset Management SA0$00.00%−77,078−100.0%Sold out
Erste Asset Management GmbH0$00.00%−35,623−100.0%Sold out
Perpetual Ltd0$00.00%−33,289−100.0%Sold out
HSBC Holdings PLC0$00.00%−24,934−100.0%Sold out
Tower View Investment Management & Research LLC0$00.00%−15,887−100.0%Sold out
Carderock Capital Management Inc0$00.00%−14,010−100.0%Sold out
Fideuram - Intesa Sanpaolo Private Banking S.P.A.0$00.00%−12,192−100.0%Sold out
Lazard Asset Management LLC0$00.00%−12,096−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−10,552−100.0%Sold out
Argent Capital Management LLC0$00.00%−8,525−100.0%Sold out
Town & Country Bank & Trust CO dba First Bankers Trust CO0$00.00%−8,382−100.0%Sold out
HRT Financial LP0$00.00%−7,524−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−6,900−100.0%Sold out
Cavalier Investments, LLC0$00.00%−6,837−100.0%Sold out
Jane Street Group, LLC0$00.00%−6,423−100.0%Sold out
Oak Ridge Investments LLC0$00.00%−6,405−100.0%Sold out
Lombard Odier Asset Management (USA) Corp0$00.00%−5,760−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−4,733−100.0%Sold out
Engineers Gate Manager LP0$00.00%−4,140−100.0%Sold out
Jump Financial, LLC0$00.00%−3,536−100.0%Sold out
Trust Point Inc.0$00.00%−3,205−100.0%Sold out
Guggenheim Capital LLC0$00.00%−3,064−100.0%Sold out