BADGER METER INC - Common Stock (BMI) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
BMI on NYSE
Shares outstanding
29,480,689
Price per share
$172.13
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
28,619,397
Total reported value
$4,993,665,335
% of total 13F portfolios
0%
Share change
+1,395,319
Value change
+$241,012,803
Number of holders
467
Price from insider filings
$172.13
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of BADGER METER INC - Common Stock (BMI) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 16% $1,034,498,511 4,781,376 BlackRock, Inc. 31 Mar 2025
VANGUARD GROUP INC 14% $694,133,138 3,979,893 The Vanguard Group 31 Dec 2025
STATE STREET CORP 4.9% -10% $311,855,462 -$31,167,956 1,441,373 -9.1% STATE STREET CORPORATION 31 Mar 2025

As of 31 Dec 2025, 467 institutional investors reported holding 28,619,397 shares of BADGER METER INC - Common Stock (BMI). This represents 97% of the company’s total 29,480,689 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of BADGER METER INC - Common Stock (BMI) together control 67% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
BlackRock, Inc. 17% 5,129,382 -1.4% 0.02% $894,615,465
VANGUARD GROUP INC 13% 3,979,893 +0.49% 0.01% $694,133,138
STATE STREET CORP 4.9% 1,458,574 +4% 0.01% $254,389,891
GEODE CAPITAL MANAGEMENT, LLC 3% 876,854 +0.46% 0.01% $152,950,948
Pictet Asset Management Holding SA 2.6% 754,402 +39% 0.13% $131,592,469
MORGAN STANLEY 2.4% 720,969 -4.2% 0.01% $125,744,682
UBS Group AG 2.4% 712,650 +89% 0.02% $124,293,286
DIMENSIONAL FUND ADVISORS LP 1.7% 510,649 +10% 0.02% $89,068,824
Boston Trust Walden Corp 1.7% 507,692 +54% 0.67% $88,546,562
NORGES BANK 1.6% 480,588 0.01% $83,819,353
Amundi 1.4% 413,987 +3.1% 0.02% $72,157,187
GOLDMAN SACHS GROUP INC 1.4% 399,927 +2% 0.01% $69,751,234
JPMORGAN CHASE & CO 1.3% 386,287 -23% 0% $67,372,315
FIRST TRUST ADVISORS LP 1.2% 361,926 +39% 0.05% $63,123,513
NEUBERGER BERMAN GROUP LLC 1.2% 341,350 -5.6% 0.04% $59,534,857
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.1% 316,331 -0.14% 0.01% $55,171,290
NORTHERN TRUST CORP 1% 304,555 -5.3% 0.01% $53,117,436
BAMCO INC /NY/ 1% 300,046 +18% 0.14% $52,331,023
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.95% 280,557 -2.5% 0.13% $48,931,961
MARSHALL WACE, LLP 0.95% 280,157 +46% 0.05% $48,862,181
BOWEN HANES & CO INC 0.87% 257,280 +336% 1.1% $44,872,000
PRICE T ROWE ASSOCIATES INC /MD/ 0.85% 249,620 +1.5% 0% $43,537,000
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.84% 248,467 +2% 0.06% $43,336,154
Rockefeller Capital Management L.P. 0.72% 212,286 +50% 0.08% $37,024,930
Bank of New York Mellon Corp 0.71% 210,216 -11% 0.01% $36,663,753

Institutional Holders of BADGER METER INC - Common Stock (BMI) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 28,619,397 $4,993,665,335 +$241,012,803 $174.41 467
2025 Q3 28,212,514 $5,034,785,891 -$83,886,315 $178.58 473
2025 Q2 28,157,316 $6,892,875,718 +$157,357,894 $244.95 530
2025 Q1 27,586,316 $5,248,996,169 +$116,277,610 $190.25 492
2024 Q4 26,855,153 $5,697,068,556 +$148,755,537 $212.12 486
2024 Q3 26,017,835 $5,681,676,554 -$29,647,373 $218.41 472
2024 Q2 26,152,956 $4,873,213,460 +$14,765,552 $186.35 449
2024 Q1 25,873,971 $4,189,226,961 -$18,156,154 $161.81 411
2023 Q4 26,139,183 $4,033,547,920 +$16,920,833 $154.37 392
2023 Q3 26,064,538 $3,747,875,255 +$39,009,686 $143.87 371
2023 Q2 25,754,876 $3,791,601,054 +$19,457,076 $147.56 351
2023 Q1 25,521,816 $3,107,645,935 +$72,623,647 $121.82 318
2022 Q4 24,993,937 $2,725,501,536 -$35,039,367 $109.03 303
2022 Q3 25,466,094 $2,353,512,636 -$3,131,184 $92.39 270
2022 Q2 25,375,227 $2,052,088,860 +$33,091,822 $80.89 260
2022 Q1 25,145,251 $2,506,046,485 +$6,824,711 $99.71 274
2021 Q4 25,060,220 $2,669,203,550 -$6,816,524 $106.56 265
2021 Q3 25,142,115 $2,542,584,903 +$3,548,238 $101.14 252
2021 Q2 25,020,467 $2,454,616,873 -$6,458,421 $98.12 243
2021 Q1 25,108,730 $2,336,830,888 -$33,974,666 $93.07 257
2020 Q4 25,573,901 $2,405,285,385 -$2,338,867 $94.06 253
2020 Q3 25,372,079 $1,658,955,697 +$23,175,655 $65.37 217
2020 Q2 24,992,513 $1,572,253,652 -$20,284,001 $62.92 226
2020 Q1 25,382,957 $1,360,350,686 -$55,631,343 $53.60 209
2019 Q4 26,289,974 $1,706,504,264 +$4,591,464 $64.93 206
2019 Q3 26,221,475 $1,407,933,755 +$66,937,696 $53.70 200
2019 Q2 24,928,364 $1,487,869,234 +$32,525,121 $59.69 204
2019 Q1 24,563,413 $1,366,756,191 -$15,398,112 $55.64 221
2018 Q4 24,857,808 $1,223,072,086 -$7,101,076 $49.21 194
2018 Q3 24,969,893 $1,321,751,225 -$9,545,252 $52.95 183
2018 Q2 25,476,473 $1,138,852,478 +$27,686,123 $44.70 182
2018 Q1 24,739,061 $1,166,260,996 -$3,119,042 $47.15 187
2017 Q4 25,272,787 $1,208,124,093 +$36,286,418 $47.80 174
2017 Q3 24,478,726 $1,199,937,221 +$2,613,127 $49.00 159
2017 Q2 24,501,484 $976,726,136 -$4,217,537 $39.85 155
2017 Q1 24,608,863 $904,489,569 +$144,013,227 $36.75 145
2016 Q4 23,941,743 $884,616,580 +$37,956,644 $36.95 156
2016 Q3 22,950,221 $768,795,617 +$372,815,441 $33.51 159
2016 Q2 11,659,515 $850,981,921 -$31,620,879 $73.03 155
2016 Q1 12,129,124 $806,641,201 -$10,525,820 $66.51 146
2015 Q4 12,289,655 $720,027,298 -$5,955,208 $58.59 135
2015 Q3 12,386,694 $719,144,396 +$49,791,232 $58.06 132
2015 Q2 11,514,703 $731,020,858 +$19,045,034 $63.49 130
2015 Q1 11,215,753 $672,216,189 +$9,273,944 $59.94 124
2014 Q4 11,083,482 $657,288,366 -$5,883,306 $59.35 124
2014 Q3 11,003,184 $555,175,813 +$11,395,091 $50.45 121
2014 Q2 10,783,344 $567,435,164 +$6,367,494 $52.65 119
2014 Q1 10,657,915 $587,231,028 +$1,653,865 $55.10 117