BADGER METER INC (BMI)
Institutional ownership reported to the SEC as of Q2 2026, across 31 quarters.
454
Reporting holders
$4.8B
Reported value
110.8%
Of shares outstanding
0.5%
Held as options
+8
Holder change
Institutions report 32,110,658 shares against 28,986,847 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. Over 100% because an adviser and a sub-adviser can both report the same shares, and both are counted.
Options share is the part of reported value carried in derivative lines rather than shares. A high figure means institutions are expressing a view on this security without owning much of it.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $725.9M | 4,892,342 | 0.01% | 8q | -1.2%-$8.8M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $371.7M | 2,504,823 | 0.02% | 2q | +2.2%+$7.9M |
| STATE STREET CORP | $245.0M | 1,651,414 | 0.01% | 31q | +8.3%+$18.8M |
| VANGUARD CAPITAL MANAGEMENT LLC | $195.5M | 1,317,325 | 0.00% | 2q | +1.2%+$2.3M |
| GEODE CAPITAL MANAGEMENT, LLC | $149.6M | 1,008,392 | 0.01% | 31q | +7.4%+$10.3M |
| Impax Asset Management Group plc | $140.3M | 945,694 | 0.91% | new | NEW |
| FIRST TRUST ADVISORS LP | $114.5M | 771,864 | 0.07% | 31q | +37.7%+$31.4M |
| MORGAN STANLEY | $109.8M | 739,882 | 0.01% | 35q | +11.6%+$11.4M |
| Boston Trust Walden Corp | $108.2M | 728,961 | 0.82% | 28q | +37.5%+$29.5M |
| UBS Group AG | $93.4M | 629,411 | 0.01% | 31q | -26.7%-$33.9M |
| Amundi | $87.6M | 590,079 | 0.02% | 18q | +28.5%+$19.4M |
| Pictet Asset Management Holding SA | $85.2M | 574,477 | 0.08% | 12q | +45.7%+$26.7M |
| DIMENSIONAL FUND ADVISORS LP | $76.8M | 517,496 | 0.01% | 31q | -4.2%-$3.4M |
| Invesco Ltd. | $75.0M | 505,343 | 0.01% | 31q | -35.0%-$40.4M |
| NEUBERGER BERMAN GROUP LLC | $74.1M | 499,519 | 0.05% | 10q | +44.1%+$22.7M |
| BANK OF AMERICA CORP /DE/ | $68.3M | 460,602 | 0.00% | 31q | +57.3%+$24.9M |
| JPMORGAN CHASE & CO | $60.5M | 434,707 | 0.00% | 31q | -8.6%-$5.7M |
| NORTHERN TRUST CORP | $56.4M | 380,008 | 0.01% | 31q | +14.3%+$7.0M |
| NORGES BANK | $55.5M | 374,295 | 0.01% | 32q | -22.1%-$15.8M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $49.8M | 335,404 | 0.01% | 31q | +5.0%+$2.4M |
| Sixth Street Partners Management Company, L.P. | $49.8M | 335,404 | 0.01% | new | NEW |
| MARSHALL WACE, LLP | $46.3M | 312,146 | 0.04% | 9q | -38.4%-$28.9M |
| GOLDMAN SACHS GROUP INC | $46.3M | 311,866 | 0.00% | 31q | -32.9%-$22.7M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $41.6M | 280,713 | 0.05% | 9q | +6.4%+$2.5M |
| AMERICAN CAPITAL MANAGEMENT INC | $38.3M | 258,243 | 1.72% | 2q | +39.0%+$10.7M |
| FUNDSMITH INVESTMENT SERVICES LTD. | $37.3M | 251,196 | 0.82% | 3q | +89.4%+$17.6M |
| Rockefeller Capital Management L.P. | $36.1M | 243,204 | 0.06% | 31q | -7.1%-$2.7M |
| Grantham, Mayo, Van Otterloo & Co. LLC | $34.1M | 229,639 | 0.08% | 5q | +12.7%+$3.8M |
| FRANKLIN RESOURCES INC | $33.2M | 223,931 | 0.01% | 15q | +1.2%+$390.1K |
| FEDERATED HERMES, INC. | $31.6M | 212,645 | 0.05% | 12q | +495.3%+$26.3M |
| Legal & General Group Plc | $31.3M | 211,253 | 0.01% | 31q | +4.2%+$1.3M |
| VANGUARD FIDUCIARY TRUST CO | $31.1M | 209,599 | 0.01% | 2q | +1.8%+$564.6K |
| STOREBRAND ASSET MANAGEMENT AS | $31.0M | 209,229 | 0.08% | 3q | +34.5%+$8.0M |
| Sandhill Capital Partners LLC | $29.9M | 201,632 | 2.43% | new | NEW |
| Public Sector Pension Investment Board | $29.8M | 200,544 | 0.04% | 31q | +90.1%+$14.1M |
| Select Equity Group, L.P. | $29.6M | 199,278 | 0.15% | 19q | +117.0%+$15.9M |
| Bank of New York Mellon Corp | $29.2M | 196,890 | 0.00% | 31q | -4.1%-$1.2M |
| Copeland Capital Management, LLC | $28.3M | 190,906 | 0.58% | 8q | +19090500.0%+$28.3M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $28.0M | 188,594 | 0.01% | 13q | +37.0%+$7.6M |
| PRINCIPAL FINANCIAL GROUP INC | $27.3M | 183,970 | 0.01% | 31q | +1.9%+$503.6K |
| Belpointe Asset Management LLC | $26.6M | 178,964 | 0.87% | 31q | HELD |
| Fundsmith LLP | $25.9M | 174,627 | 0.19% | 2q | +22.6%+$4.8M |
| TD Asset Management Inc | $25.6M | 172,506 | 0.02% | 2q | -5.2%-$1.4M |
| ENVESTNET ASSET MANAGEMENT INC | $24.8M | 167,310 | 0.01% | 31q | +27.6%+$5.4M |
| Rodgers Brothers Inc. | $23.0M | 155,230 | 2.24% | 31q | +74.0%+$9.8M |
| JUPITER ASSET MANAGEMENT LTD | $23.0M | 154,818 | 0.11% | 4q | +17.8%+$3.5M |
| Tidal Investments LLC | $21.9M | 147,423 | 0.04% | 12q | -9.8%-$2.4M |
| NEEDHAM INVESTMENT MANAGEMENT LLC | $21.5M | 145,000 | 0.65% | 10q | +383.3%+$17.1M |
| DF DENT & CO INC | $21.4M | 143,925 | 0.41% | 4q | -4.6%-$1.0M |
| ROYAL BANK OF CANADA | $20.6M | 138,884 | 0.00% | 31q | -4.8%-$1.0M |
| BRIDGES INVESTMENT MANAGEMENT INC | $20.1M | 135,764 | 0.24% | 9q | +39.4%+$5.7M |
| Allianz Asset Management GmbH | $19.2M | 125,717 | 0.02% | 40q | HELD |
| RAYMOND JAMES FINANCIAL INC | $17.6M | 118,544 | 0.00% | 7q | -8.2%-$1.6M |
| Nuveen, LLC | $17.4M | 117,051 | 0.00% | 6q | -13.4%-$2.7M |
| RHUMBLINE ADVISERS | $16.8M | 113,164 | 0.01% | 31q | -8.1%-$1.5M |
| ProShare Advisors LLC | $16.6M | 112,128 | 0.02% | 31q | +33.4%+$4.2M |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | $15.5M | 104,242 | 0.07% | 16q | +20.9%+$2.7M |
| GABELLI FUNDS LLC | $15.4M | 103,927 | 0.10% | 31q | +0.7%+$108.8K |
| Epoch Investment Partners, Inc. | $15.2M | 102,122 | 0.09% | 2q | +1.2%+$185.5K |
| CONGRESS ASSET MANAGEMENT CO | $14.8M | 100,030 | 0.09% | 25q | -2.0%-$306.4K |
| MAIRS & POWER INC | $14.8M | 99,464 | 0.14% | 31q | -5.1%-$794.0K |
| DEUTSCHE BANK AG\ | $14.6M | 98,707 | 0.00% | 34q | +5.0%+$697.5K |
| CITIGROUP INC | $14.4M | 96,937 | 0.00% | 31q | +246.5%+$10.2M |
| GAMCO INVESTORS, INC. ET AL | $14.4M | 96,725 | 0.13% | 31q | -2.0%-$296.8K |
| COMMONWEALTH EQUITY SERVICES, LLC | $14.1M | 94,969 | 0.02% | 25q | +8.7%+$1.1M |
| CI INVESTMENTS INC. | $13.8M | 92,973 | 0.04% | 12q | +127.2%+$7.7M |
| Granite Investment Partners, LLC | $13.6M | 91,485 | 0.70% | 2q | +49.8%+$4.5M |
| AQR CAPITAL MANAGEMENT LLC | $13.3M | 89,789 | 0.00% | 31q | +94.9%+$6.5M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $13.1M | 6,798 | 0.00% | 31q | -55.9%-$16.6M |
| WELLS FARGO & COMPANY/MN | $12.9M | 86,984 | 0.00% | 31q | -30.3%-$5.6M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $12.7M | 85,820 | 0.00% | 14q | -1.0%-$128.9K |
| EULAV Asset Management | $12.5M | 84,200 | 0.40% | 13q | -7.7%-$1.0M |
| Assenagon Asset Management S.A. | $12.1M | 81,776 | 0.01% | 23q | +454.2%+$9.9M |
| SEGALL BRYANT & HAMILL, LLC | $12.1M | 81,774 | 0.14% | 17q | -5.4%-$698.0K |
| Daventry Group, LP | $11.9M | 80,200 | 8.98% | new | NEW |
| Robeco Schweiz AG | $11.3M | 75,896 | 0.18% | 4q | -46.3%-$9.7M |
| Curi Capital, LLC | $11.2M | 75,739 | 0.17% | 25q | +45.2%+$3.5M |
| Swiss Life Asset Management Ltd | $11.2M | 75,648 | 0.05% | 9q | +6.4%+$673.2K |
| Triodos Investment Management BV | $11.1M | 75,000 | 0.68% | 31q | +15.4%+$1.5M |
| ALPS ADVISORS INC | $10.6M | 71,707 | 0.05% | 12q | -9.1%-$1.1M |
| Vulcan Value Partners, LLC | $10.2M | 68,684 | 0.31% | new | NEW |
| DUDLEY & SHANLEY, INC. | $9.3M | 63,000 | 1.41% | 3q | -48.4%-$8.8M |
| BROWN CAPITAL MANAGEMENT LLC | $9.2M | 62,218 | 1.85% | 6q | -13.7%-$1.5M |
| Williams Jones Wealth Management, LLC. | $9.1M | 61,596 | 0.10% | new | NEW |
| BANK OF MONTREAL /CAN/ | $8.8M | 59,532 | 0.00% | 31q | +332.5%+$6.8M |
| Grandeur Peak Global Advisors, LLC | $8.7M | 58,668 | 1.01% | 2q | +1408.6%+$8.1M |
| Swiss National Bank | $8.7M | 58,600 | 0.00% | 31q | +0.7%+$59.4K |
| Balyasny Asset Management L.P. | $8.7M | 58,511 | 0.01% | new | NEW |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $8.4M | 56,724 | 0.00% | 21q | +7734.8%+$8.3M |
| Holocene Advisors, LP | $8.0M | 53,870 | 0.02% | 3q | +123.2%+$4.4M |
| Waverly Advisors, LLC | $8.0M | 53,675 | 0.05% | 9q | -0.7%-$59.4K |
| KLP KAPITALFORVALTNING AS | $7.5M | 50,400 | 0.02% | 7q | +12.2%+$816.1K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $7.1M | 47,793 | 0.01% | 31q | -2.2%-$161.1K |
| AMERIPRISE FINANCIAL INC | $6.9M | 46,639 | 0.00% | 31q | -67.2%-$14.2M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $6.6M | 44,463 | 0.01% | 7q | +16.6%+$941.6K |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $6.5M | 43,550 | 0.02% | 23q | -0.6%-$41.2K |
| D. E. Shaw & Co., Inc. | $6.3M | 42,667 | 0.00% | 31q | +18.3%+$978.9K |
| Meiji Yasuda Asset Management Co Ltd. | $6.3M | 42,485 | 0.28% | 18q | +8.1%+$474.8K |
| Candriam S.C.A. | $6.0M | 40,360 | 0.03% | 20q | -4.0%-$246.8K |
| ALTA CAPITAL MANAGEMENT LLC/ | $6.0M | 40,185 | 0.44% | 3q | -9.5%-$628.1K |
Showing the largest 100 of 483 reported holders.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 454 | $4.8B | 32,110,658 | 78 | 162 | 144 | 0.5% |
| Q1 2026 | 446 | $4.5B | 29,641,238 | 61 | 174 | 130 | 0.5% |
| Q4 2025 | 457 | $5.0B | 28,506,527 | 40 | 159 | 157 | 0.3% |
| Q3 2025 | 442 | $5.1B | 27,637,967 | 52 | 147 | 170 | 2.9% |
| Q2 2025 | 491 | $6.7B | 27,354,071 | 75 | 151 | 168 | 0.3% |
| Q1 2025 | 457 | $5.2B | 27,241,093 | 57 | 159 | 142 | 0.2% |
| Q4 2024 | 454 | $5.5B | 25,963,561 | 44 | 152 | 133 | 0.4% |
| Q3 2024 | 436 | $5.6B | 25,753,011 | 57 | 141 | 139 | 0.1% |
| Q2 2024 | 407 | $4.8B | 25,662,093 | 62 | 118 | 146 | 0.3% |
| Q1 2024 | 368 | $4.3B | 26,646,778 | 46 | 120 | 117 | 0.2% |
| Q4 2023 | 340 | $4.0B | 26,054,409 | 32 | 111 | 104 | 0.2% |
| Q3 2023 | 318 | $3.6B | 24,836,473 | 45 | 98 | 106 | 0.3% |
| Q2 2023 | 294 | $3.6B | 24,449,201 | 41 | 89 | 105 | 0.1% |
| Q1 2023 | 266 | $2.9B | 23,455,458 | 34 | 74 | 91 | 0.1% |
| Q4 2022 | 226 | $2.3B | 20,722,547 | 35 | 77 | 68 | 0.1% |
| Q3 2022 | 280 | $2.4B | 25,575,009 | 30 | 91 | 95 | 0.1% |
| Q2 2022 | 266 | $2.1B | 25,491,115 | 25 | 83 | 89 | 0.1% |
| Q1 2022 | 284 | $2.5B | 25,509,775 | 43 | 84 | 90 | 0.0% |
| Q4 2021 | 272 | $3.0B | 27,507,200 | 31 | 82 | 87 | 0.1% |
| Q3 2021 | 257 | $2.5B | 25,142,284 | 19 | 75 | 92 | 0.1% |
| Q2 2021 | 249 | $2.5B | 25,313,256 | 27 | 79 | 81 | 0.1% |
| Q1 2021 | 262 | $2.4B | 25,322,462 | 34 | 72 | 104 | 0.2% |
| Q4 2020 | 259 | $2.6B | 25,823,614 | 49 | 69 | 80 | 0.2% |
| Q3 2020 | 218 | $1.7B | 25,582,356 | 18 | 66 | 83 | 0.1% |
| Q2 2020 | 227 | $1.6B | 25,305,681 | 34 | 65 | 80 | 0.4% |
| Q1 2020 | 216 | $1.4B | 25,450,426 | 30 | 72 | 66 | 2.0% |
| Q4 2019 | 211 | $1.8B | 26,757,516 | 23 | 64 | 66 | 1.8% |
| Q3 2019 | 201 | $1.4B | 26,267,916 | 21 | 75 | 46 | 0.5% |
| Q2 2019 | 204 | $1.5B | 25,019,660 | 21 | 65 | 56 | 0.5% |
| Q1 2019 | 224 | $1.4B | 24,612,780 | 38 | 65 | 60 | 0.6% |
| Q4 2018 | 199 | $1.2B | 25,262,534 | 3 | 8 | 1 | 0.3% |