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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, Q2 2026

Institutional positions in Badger Meter Inc as of Jun 30, 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
483
+10 vs. Q1 2026
Shares held
32.8M
+2.39M (+7.8%) vs. Q1 2026
Total value
$4.86B
+$238.4M (+5.2%) vs. Q1 2026
New holders
82
170 more added
Sold out
72
160 more reduced

4 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 holdersQ2 2026: 483 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 heldQ2 2026: $4.86B
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, Q2 2026

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q1 2026.

Institutions holding BMI in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Natixis Advisors, L.P.10,719$1.59M0.00%−32,295−75.1%Reduced
Intech Investment Management LLC10,718$1.59M0.01%−7,432−40.9%Reduced
Cetera Investment Advisers10,789$1.60M0.00%+4,406+69.0%Added
Cypress Advisory Group LLC10,843$1.61M1.25%+3,766+53.2%Added
Advisors Asset Management, Inc.10,904$1.62M0.02%−4,040−27.0%Reduced
MML Investors Services, LLC11,021$1.64M0.00%+4,426+67.1%Added
Tealwood Asset Management Inc11,091$1.65M0.63%+11,091New
Numerai GP LLC11,106$1.65M0.13%−278−2.4%Reduced
State of New Jersey Common Pension Fund D11,137$1.65M0.01%−2,755−19.8%Reduced
XTX Topco Ltd11,312$1.68M0.02%+9,375+484.0%Added
Vanguard Global Advisers, LLC11,447$1.70M0.00%−432−3.6%Reduced
Bowen Hanes & Co Inc11,275$1.72M0.04%00.0%Unchanged
New York State Teachers Retirement System11,634$1.73M0.00%+954+8.9%Added
Truist Financial Corp11,805$1.75M0.00%+1,332+12.7%Added
Kornitzer Capital Management Inc12,000$1.78M0.04%+2,500+26.3%Added
FMR LLC12,150$1.80M0.00%−718−5.6%Reduced
Natixis12,500$1.85M0.01%+12,500New
Alpha Omega Wealth Management LLC12,581$1.87M0.28%+12,581New
Louisiana State Employees Retirement System12,800$1.90M0.03%−300−2.3%Reduced
Jupiter Topco LLC12,849$1.91M0.00%+12,849New
Kestra Advisory Services, LLC13,156$1.95M0.01%+1,461+12.5%Added
Royce & Associates LP13,275$1.97M0.02%+5,370+67.9%Added
Annex Advisory Services, LLC13,301$1.97M0.03%+600+4.7%Added
KR Capital LP13,814$2.05M0.20%+13,814New
DnB Asset Management AS13,900$2.06M0.01%−2,093−13.1%Reduced
Kennedy Capital Management, Inc.14,194$2.11M0.04%+4,923+53.1%Added
Connor, Clark & Lunn Investment Management Ltd.14,436$2.14M0.00%+6,585+83.9%Added
Pathstone Holdings, LLC14,585$2.16M0.01%+4,500+44.6%Added
BLI - Banque de Luxembourg Investments16,000$2.23M0.08%−1,000−5.9%Reduced
Illinois Municipal Retirement Fund15,013$2.23M0.03%−561−3.6%Reduced
Manufacturers Life Insurance Company, The15,489$2.30M0.00%+1,466+10.5%Added
Mariner, LLC15,522$2.30M0.00%+15,522New
Hennion & Walsh Asset Management, Inc.15,609$2.32M0.07%−5,162−24.9%Reduced
Linden Thomas Advisory Services, LLC15,834$2.35M0.19%+2,873+22.2%Added
Values First Advisors, Inc.16,120$2.39M1.09%+8,904+123.4%Added
Bahl & Gaynor Inc17,309$2.57M0.01%+9,496+121.5%Added
MetLife Investment Management17,349$2.57M0.01%+1,129+7.0%Added
BNP Paribas Arbitrage, SA17,960$2.66M0.00%−21,946−55.0%Reduced
Middleton & Co Inc18,311$2.72M0.29%+18,311New
Willis Investment Counsel18,383$2.73M0.13%+18,383New
Old Second National Bank of Aurora18,585$2.76M0.52%+1,412+8.2%Added
Raiffeisen Bank International AG20,000$2.77M0.03%+8,000+66.7%Added
Farrow Financial Inc.19,072$2.83M1.51%+2,540+15.4%Added
Thrivent Financial for Lutherans19,165$2.84M0.00%−505−2.6%Reduced
Rice Hall James & Associates, LLC20,293$3.01M0.15%+20,293New
Wills Financial Group LLC20,301$3.01M1.10%+20,301New
Summit Financial, LLC21,242$3.15M0.03%+2,687+14.5%Added
Cardinal Capital Management22,515$3.34M0.40%+1,863+9.0%Added
Norwood Investment Partners, LP23,000$3.41M4.71%+23,000New
Stifel Financial Corp23,069$3.42M0.00%+8,083+53.9%Added
Russell Investments Group, Ltd.23,808$3.53M0.00%+8,533+55.9%Added
Dorsey & Whitney Trust CO LLC24,159$3.58M0.17%−90.0%Reduced
Northstar Asset Management Inc24,331$3.61M1.06%−921−3.6%Reduced
Viking Fund Management LLC25,000$3.71M0.33%+5,000+25.0%Added
Trillium Asset Management, LLC25,277$3.75M0.12%+2,405+10.5%Added
Bridge City Capital, LLC25,694$3.81M0.87%−13,860−35.0%Reduced
US Bancorp26,039$3.86M0.00%−170−0.6%Reduced
Creative Planning26,378$3.91M0.00%−1,631−5.8%Reduced
Vanguard Asset Management, Ltd27,560$4.09M0.00%+1,470+5.6%Added
Virginia Retirement Systems Et Al27,650$4.10M0.02%+18,400+198.9%Added
SG Americas Securities, LLC27,650$4.10M0.00%+20,689+297.2%Added
Essex Investment Management Co LLC28,041$4.16M0.55%+18,883+206.2%Added
Great West Life Assurance Co28,721$4.26M0.01%−1,588−5.2%Reduced
Grandeur Peak Global Advisors, LLC29,334$4.35M1.01%+25,445+654.3%Added
Advisor Group Holdings, Inc.29,768$4.42M0.01%+1,024+3.6%Added
Prudential Financial Inc30,490$4.52M0.00%+297+1.0%Added
State of Wisconsin Investment Board30,580$4.54M0.01%+906+3.1%Added
LPL Financial LLC31,389$4.66M0.00%−5,547−15.0%Reduced
American Century Companies Inc32,242$4.78M0.00%+9,052+39.0%Added
Bryn Mawr Trust Co33,298$4.94M0.11%−918−2.7%Reduced
California State Teachers Retirement System33,568$4.98M0.00%−623−1.8%Reduced
New York State Common Retirement Fund34,390$5.10M0.01%−7,087−17.1%Reduced
Victory Capital Management Inc36,557$5.42M0.00%−23,027−38.6%Reduced
Alliancebernstein L.P.36,356$5.54M0.00%−202−0.6%Reduced
CBOE Vest Financial, LLC37,471$5.56M0.06%+15,455+70.2%Added
SEI Investments Co37,678$5.59M0.00%−277−0.7%Reduced
Barclays PLC38,610$5.73M0.00%+27,832+258.2%Added
Mirova39,132$5.81M0.21%00.0%Unchanged
Capital Innovations LLC39,375$5.84M1.52%00.0%Unchanged
California Public Employees Retirement System40,120$5.95M0.00%−2,187−5.2%Reduced
Alta Capital Management LLC40,185$5.96M0.44%−4,233−9.5%Reduced
Candriam Luxembourg S.C.A.40,360$5.98M0.03%−1,665−4.0%Reduced
Assenagon Asset Management S.A.40,888$6.07M0.01%+26,132+177.1%Added
Meiji Yasuda Asset Management Co Ltd.42,485$6.30M0.28%+3,200+8.1%Added
D. E. Shaw & Co., Inc.42,667$6.33M0.00%+6,597+18.3%Added
Teacher Retirement System of Texas43,550$6.46M0.02%−278−0.6%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH44,463$6.60M0.01%+6,346+16.6%Added
Ameriprise Financial Inc46,639$6.92M0.00%−24,393−34.3%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)47,793$7.09M0.01%−1,086−2.2%Reduced
KLP Kapitalforvaltning AS50,400$7.48M0.02%+5,500+12.2%Added
Duff & Phelps Investment Management Co52,121$7.73M0.07%+9,010+20.9%Added
Warren Averett Asset Management, LLC53,675$7.96M0.05%−400−0.7%Reduced
Holocene Advisors, LP53,870$7.99M0.02%+29,730+123.2%Added
Northwestern Mutual Wealth Management Co56,724$8.42M0.00%+56,000+7,734.8%Added
Balyasny Asset Management LLC58,511$8.68M0.02%+58,511New
Swiss National Bank58,600$8.70M0.00%+400+0.7%Added
Bank of Montreal59,532$8.83M0.00%+45,766+332.5%Added
Williams Jones Wealth Management, LLC.61,596$9.14M0.10%+61,596New
Brown Capital Management LLC62,218$9.23M1.85%−9,901−13.7%Reduced
Dudley & Shanley, Inc.63,000$9.35M1.41%−59,150−48.4%Reduced