Badger MeterBMI
13F holders, Q3 2025 (September 30)478holders −57
52new positions
99sold out
10famous investors
$178.42avg. 13F price*
At the end of Q3 2025, 478 institutions reported holding Badger Meter Inc. (BMI) in their 13F filings, down 57 from Q2 2025. 52 opened new positions and 99 sold out. The largest holders were BlackRock, Inc. ($928.8M), Vanguard Group Inc. ($707.2M) and State Street Corp. ($250.5M). 10 famous investors held it, including Mario Gabelli (0.2% of GAMCO Investors's portfolio), Paul Tudor Jones (0.1% of Tudor Investment Corporation's portfolio) and Ron Baron (0.1% of Baron Capital (BAMCO)'s portfolio).
- Company
- Badger Meter Inc.
- CUSIP
- 056525108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 52 | $150.8M |
| Exits | 99 | $293.6M |
All 13F filers, Q2 2025 → Q3 2025: 3,877,781 shares bought and 3,373,513 shares sold, net +504,268 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 478 holders
| BlackRock, Inc. | 0.02% | Reduce -0.7% | 5,201,263 | $928.8M |
| Vanguard Group Inc. | 0.01% | Add +3.8% | 3,960,308 | $707.2M |
| State Street Corp. | 0.01% | Reduce -4.1% | 1,402,985 | $250.5M |
| Invesco Ltd. | 0.03% | Add +20.9% | 970,219 | $173.3M |
| Geode Capital Management, LLC | 0.01% | Reduce -0.4% | 872,819 | $155.9M |
| Morgan Stanley | 0.01% | Reduce -0.4% | 752,272 | $134.3M |
| Pictet Asset Management Holding SA | 0.09% | Add +113.0% | 541,954 | $96.8M |
| JPMorgan Chase & Co. | 0.01% | Add +43.8% | 503,171 | $89.9M |
| Dimensional Fund Advisors LP | 0.02% | Reduce -2.5% | 463,182 | $82.7M |
| Amundi | 0.02% | Add +99.5% | 401,668 | $72.2M |
| Goldman Sachs Group Inc. | 0.01% | Add +12.7% | 392,060 | $70.0M |
| UBS Group AG | 0.01% | Add +95.2% | 376,697 | $67.3M |
| Neuberger Berman Group LLC | 0.05% | Reduce -2.4% | 361,498 | $64.6M |
| Boston Trust Walden Corp | 0.43% | Add +43.7% | 330,039 | $58.9M |
| Northern Trust Corp. | 0.01% | Reduce -2.1% | 321,485 | $57.4M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -3.3% | 316,764 | $56.6M |
| Kayne Anderson Rudnick Investment Management LLC | 0.13% | Reduce -0.7% | 287,646 | $51.4M |
| First Trust Advisors LP | 0.03% | Add +31.1% | 261,291 | $46.7M |
| Baron Capital (BAMCO) | 0.12% | New | 254,423 | $45.4M |
| T. Rowe Price Associates Inc. | 0.00% | Reduce -5.0% | 245,991 | $43.9M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.07% | Reduce -1.1% | 243,634 | $43.5M |
| Bank of New York Mellon Corp | 0.01% | Reduce -17.3% | 236,158 | $42.2M |
| Royal Bank of Canada | 0.01% | Add +25.9% | 227,336 | $40.6M |
| Brown Capital Management LLC | 1.54% | Add +28.1% | 209,744 | $37.5M |
| Renaissance Technologies | 0.05% | Add +18.2% | 197,200 | $35.2M |
| Marshall Wace, LLP | 0.04% | Add +3540.4% | 192,031 | $34.3M |
| T. Rowe Price Investment Management, Inc. | 0.02% | Add +497.6% | 188,450 | $33.7M |
| Belpointe Asset Management LLC | 1.22% | Add +0.1% | 179,165 | $32.0M |
| Legal & General Group Plc | 0.01% | Add +15.7% | 178,910 | $31.9M |
| Millennium Management | 0.03% | Add +459.8% | 175,382 | $31.3M |
| Principal Financial Group Inc. | 0.01% | Add +3.9% | 165,002 | $29.5M |
| Qube Research & Technologies Ltd | 0.04% | Add +11.8% | 151,086 | $27.0M |
| Bessemer Group Inc. | 0.04% | Add +107.2% | 145,783 | $26.0M |
| Squarepoint Ops LLC | 0.05% | Add +41.9% | 143,636 | $25.7M |
| Rockefeller Capital Management L.P. | 0.05% | Add +27.9% | 141,090 | $25.2M |
| Bank of America Corp. | 0.00% | Reduce -59.5% | 138,368 | $24.7M |
| DekaBank Deutsche Girozentrale | 0.04% | No change | 137,060 | $24.0M |
| Storebrand Asset Management As | 0.06% | Add +31.9% | 134,377 | $24.0M |
| Voloridge Investment Management, LLC | 0.08% | Add +125.0% | 130,865 | $23.4M |
| Nuveen, LLC | 0.01% | Reduce -2.4% | 129,961 | $23.2M |
| DF Dent & Co. Inc. | 0.30% | New | 127,963 | $22.9M |
| Raymond James Financial Inc. | 0.01% | Add +34.5% | 120,586 | $21.5M |
| Ameriprise Financial Inc. | 0.00% | Reduce -40.1% | 120,155 | $21.5M |
| Rhumbline Advisers | 0.02% | Reduce -11.5% | 119,565 | $21.4M |
| Allianz Asset Management GmbH | 0.03% | Reduce -15.4% | 116,510 | $20.8M |
| Public Sector Pension Investment Board | 0.08% | Add +14.5% | 114,971 | $20.5M |
| Aberdeen Group plc | 0.03% | Reduce -0.4% | 113,034 | $19.9M |
| Tudor Investment Corporation | 0.13% | Add +67.0% | 106,927 | $19.1M |
| Arrowstreet Capital, Limited Partnership | 0.01% | Add +6.0% | 106,285 | $19.0M |
| Mairs & Power Inc. | 0.17% | Reduce -6.8% | 103,859 | $18.5M |
| Gabelli Funds LLC | 0.13% | Add +0.1% | 102,500 | $18.3M |
| Tidal Investments LLC | 0.08% | Add +43.3% | 100,700 | $18.0M |
| GAMCO Investors | 0.16% | Reduce -0.4% | 93,475 | $16.7M |
| Ofi Invest Asset Management | 0.35% | Add +15.0% | 109,314 | $16.6M |
| GMO | 0.05% | Add +0.9% | 92,836 | $16.6M |
| EULAV Asset Management | 0.38% | Add +7.7% | 91,200 | $16.3M |
| Congress Asset Management Co. | 0.10% | Reduce -78.3% | 88,222 | $15.8M |
| Envestnet Asset Management Inc. | 0.00% | Add +49.5% | 88,158 | $15.7M |
| Rodgers Brothers Inc. | 1.90% | Reduce -0.7% | 86,258 | $15.4M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.03% | Reduce -4.7% | 84,134 | $15.0M |
| Select Equity Group, L.P. | 0.06% | Add +69.3% | 83,186 | $14.9M |
| Alps Advisors Inc. | 0.08% | Add +85.9% | 82,568 | $14.7M |
| Jupiter Asset Management Ltd. | 0.12% | New | 80,239 | $14.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -43.3% | 77,889 | $13.9M |
| Man Group plc | 0.03% | Add +7.4% | 75,740 | $13.5M |
| Robeco Schweiz AG | 0.30% | New | 73,598 | $13.1M |
| Oberweis Asset Management Inc./ | 0.50% | Add +21.2% | 72,610 | $13.0M |
| ProShare Advisors LLC | 0.03% | Add +25.1% | 72,316 | $12.9M |
| Commonwealth Equity Services, LLC | 0.02% | Add +13.5% | 70,488 | $12.6M |
| Barclays PLC | 0.00% | Reduce -18.2% | 68,291 | $12.2M |
| Wells Fargo & Company | 0.00% | Add +7.6% | 67,595 | $12.1M |
| Triodos Investment Management BV | 0.84% | No change | 65,000 | $11.6M |
| BNP Paribas Financial Markets | 0.01% | Add +142.1% | 61,220 | $10.9M |
| Bowen Hanes & Co. Inc. | 0.26% | Reduce -74.1% | 58,975 | $10.5M |
| Swiss National Bank | 0.01% | Add +1.6% | 57,100 | $10.2M |
| D. E. Shaw & Co. | 0.01% | Reduce -71.5% | 55,720 | $10.0M |
| Waverly Advisors, LLC | 0.10% | Add +8.3% | 54,024 | $9.6M |
| California Public Employees Retirement System | 0.01% | Add +6.0% | 53,220 | $9.5M |
| Duff & Phelps Investment Management Co. | 0.11% | Reduce -0.9% | 53,061 | $9.5M |
| Cerity Partners LLC | 0.02% | Add +38.0% | 52,373 | $9.4M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.02% | New | 51,561 | $9.2M |
| Swiss Life Asset Management Ltd | 0.05% | Add +1.2% | 49,986 | $8.9M |
| Jane Street Group, LLC | 0.01% | Reduce -15.7% | 49,416 | $8.8M |
| Mirova | 1.24% | Add +1.6% | 49,171 | $8.8M |
| Curi Capital, LLC | 0.16% | Add +12.8% | 48,835 | $8.7M |
| UniSuper Management Pty Ltd | 0.05% | Reduce -0.3% | 48,466 | $8.7M |
| Deutsche Bank AG | 0.00% | Reduce -25.4% | 46,247 | $8.3M |
| Handelsbanken Fonder AB | 0.03% | Add +354.7% | 44,713 | $8.0M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Reduce -16.6% | 42,768 | $7.6M |
| Candriam S.C.A. | 0.04% | Add +17.0% | 42,067 | $7.5M |
| Perpetual Ltd | 0.09% | Reduce -20.4% | 41,735 | $7.5M |
| Balyasny Asset Management L.P. | 0.02% | New | 40,551 | $7.2M |
| Franklin Resources Inc. | 0.00% | Reduce -16.1% | 40,409 | $7.1M |
| Natixis Advisors, LLC | 0.01% | Reduce -26.2% | 39,548 | $7.1M |
| Alliancebernstein L.P. | 0.00% | Reduce -0.7% | 38,874 | $6.9M |
| Intech Investment Management LLC | 0.06% | Add +26.2% | 37,846 | $6.8M |
| LBP Am SA | 0.08% | New | 37,713 | $6.7M |
| Twinbeech Capital LP | 0.26% | Add +1087.9% | 37,371 | $6.7M |
| Engineers Gate Manager LP | 0.08% | Add +287.6% | 36,928 | $6.6M |
| CANADA LIFE ASSURANCE Co | 0.01% | Add +1.2% | 37,210 | $6.6M |
| KLP Kapitalforvaltning As | 0.03% | Add +29.6% | 36,800 | $6.6M |
| ExodusPoint Capital Management, LP | 0.09% | New | 36,288 | $6.5M |
| Bridge City Capital, LLC | 1.68% | Add +45.4% | 35,149 | $6.3M |
| Wilmington Savings Fund Society, FSB | 0.15% | Reduce -2.0% | 34,283 | $6.1M |
| Palisades Investment Partners, LLC | 2.40% | Add +1.5% | 34,186 | $6.1M |
| LPL Financial LLC | 0.00% | Reduce -18.8% | 33,697 | $6.0M |
| Van Eck Associates Corp. | 0.01% | Add +1.1% | 32,458 | $5.8M |
| Victory Capital Management Inc. | 0.00% | Reduce -33.8% | 31,336 | $5.6M |
| Osaic Holdings, Inc. | 0.01% | Add +560.1% | 30,858 | $5.5M |
| New York State Common Retirement Fund | 0.01% | Reduce -61.4% | 29,576 | $5.3M |
| Prudential Financial Inc. | 0.01% | Reduce -13.7% | 29,552 | $5.3M |
| Quantbot Technologies LP | 0.14% | Add +258.1% | 29,393 | $5.2M |
| Teacher Retirement System of Texas | 0.02% | Add +22.9% | 28,658 | $5.1M |
| Y-Intercept (Hong Kong) Ltd | 0.12% | Add +3088.7% | 27,901 | $5.0M |
| California State Teachers Retirement System | 0.01% | Add +2.2% | 27,789 | $5.0M |
| AQR Capital Management | 0.00% | Add +36.7% | 27,667 | $4.9M |
| US Bancorp \de | 0.01% | Reduce -0.4% | 27,459 | $4.9M |
| Rathbones Group PLC | 0.02% | Reduce -4.6% | 27,235 | $4.9M |
| State of Wisconsin Investment Board | 0.01% | Add +7.0% | 26,547 | $4.7M |
| CI Investments Inc. | 0.02% | Add +4.2% | 26,468 | $4.7M |
| Capital Fund Management S.A. | 0.05% | Add +77.2% | 25,807 | $4.6M |
| Advisors Asset Management, Inc. | 0.08% | Reduce -3.5% | 25,788 | $4.6M |
| Northstar Asset Management Inc. | 1.17% | Add +9.3% | 25,225 | $4.5M |
| Axiom Investors LLC | 0.03% | Reduce -31.6% | 24,545 | $4.4M |
| Baird Financial Group, Inc. | 0.01% | Reduce -10.5% | 24,087 | $4.3M |
| Dorsey & Whitney Trust CO LLC | 0.23% | Reduce -0.6% | 23,981 | $4.3M |
| Hennion & Walsh Asset Management, Inc. | 0.15% | Reduce -8.5% | 23,953 | $4.3M |
| Trexquant Investment LP | 0.04% | New | 22,779 | $4.1M |
| Skandinaviska Enskilda Banken AB (publ) | 0.02% | Reduce -13.8% | 21,473 | $3.8M |
| Thrivent Financial for Lutherans | 0.01% | Reduce -1.8% | 21,260 | $3.8M |
| Erste Asset Management GmbH | 0.04% | Reduce -29.4% | 21,002 | $3.7M |
| Citadel Advisors | 0.00% | Add +957.0% | 20,590 | $3.7M |
| Assenagon Asset Management S.A. | 0.01% | Reduce -17.2% | 20,488 | $3.7M |
| Vident Advisory, LLC | 0.04% | Add +56.0% | 20,469 | $3.7M |
| Janus Henderson Group PLC | 0.00% | Reduce -42.4% | 20,245 | $3.6M |
| Cardinal Capital Management | 0.50% | Reduce -9.5% | 20,090 | $3.6M |
| Illinois Municipal Retirement Fund | 0.05% | Add +24.1% | 19,869 | $3.5M |
| Wealth Enhancement Advisory Services, LLC | 0.01% | Reduce -1.1% | 18,979 | $3.4M |
| Trillium Asset Management, LLC | 0.09% | Reduce -2.0% | 18,698 | $3.3M |
| Carderock Capital Management Inc. | 0.80% | Add +71.4% | 18,492 | $3.3M |
| Verition Fund Management LLC | 0.02% | Add +17.5% | 18,190 | $3.2M |
| Segall Bryant & Hamill, LLC | 0.04% | Add +30.7% | 18,171 | $3.2M |
| Creative Planning | 0.00% | Reduce -23.6% | 17,460 | $3.1M |
| HSBC Holdings PLC | 0.00% | Reduce -7.2% | 17,675 | $3.1M |
| MetLife Investment Management, LLC | 0.01% | New | 17,383 | $3.1M |
| Old Second National Bank of Aurora | 0.63% | Add +2.4% | 17,144 | $3.1M |
| Meiji Yasuda Asset Management Co Ltd. | 0.14% | Add +154.7% | 16,922 | $3.0M |
| Bridges Investment Management Inc. | 0.04% | Add +37.0% | 16,820 | $3.0M |
| Farrow Financial, Inc. | 1.70% | Add +3.3% | 16,367 | $2.9M |
| Russell Investments Group, Ltd. | 0.00% | Add +7.0% | 15,518 | $2.8M |
| Tower View Wealth Management LLC | 1.43% | Add +5.2% | 15,514 | $2.8M |
| Numerai GP LLC | 0.38% | Add +279.2% | 15,158 | $2.7M |
| Sei Investments Co. | 0.00% | Reduce -26.3% | 15,107 | $2.7M |
| Voya Investment Management LLC | 0.00% | Reduce -16.2% | 15,085 | $2.7M |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -6.3% | 15,076 | $2.7M |
| Needham Investment Management LLC | 0.19% | Add +150.0% | 15,000 | $2.7M |
| Argent Capital Management LLC | 0.07% | Add +31.1% | 14,902 | $2.7M |
| State of Alaska, Department of Revenue | 0.03% | Reduce -15.5% | 14,829 | $2.6M |
| Lazard Asset Management LLC | 0.00% | Reduce -35.0% | 14,732 | $2.6M |
| State of Tennessee, Department of Treasury | 0.01% | Reduce -2.7% | 13,896 | $2.5M |
| BLI - Banque de Luxembourg Investments | 0.07% | New | 14,000 | $2.5M |
| Louisiana State Employees Retirement System | 0.04% | Reduce -2.2% | 13,500 | $2.4M |
| Brevan Howard Capital Management LP | 0.03% | Add +1.0% | 13,211 | $2.4M |
| Jefferies Financial Group Inc. | 0.02% | New | 13,001 | $2.3M |
| Linden Thomas Advisory Services, LLC | 0.23% | Add +0.1% | 12,891 | $2.3M |
| Stifel Financial Corp. | 0.00% | Add +23.1% | 12,867 | $2.3M |
| Annex Advisory Services, LLC | 0.05% | Add +0.0% | 12,839 | $2.3M |
| Summit Financial, LLC | 0.03% | Reduce -15.8% | 12,776 | $2.3M |
| Cavalier Investments, LLC | 0.91% | Add +5.2% | 13,806 | $2.2M |
| Oddo BHF Asset Management Sas | 0.09% | Add +163.3% | 12,533 | $2.2M |
| FMR LLC | 0.00% | Reduce -92.1% | 12,526 | $2.2M |
| Agf Management Ltd. | 0.01% | Reduce -87.4% | 12,308 | $2.2M |
| Montanaro Asset Management Ltd | 0.54% | Reduce -31.8% | 12,000 | $2.1M |
| Empowered Funds, LLC | 0.02% | Add +36.9% | 11,965 | $2.1M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.00% | No change | 11,814 | $2.1M |
| Schonfeld Strategic Advisors LLC | 0.01% | New | 11,696 | $2.1M |
| New York State Teachers Retirement System | 0.00% | Reduce -0.8% | 11,634 | $2.1M |
| State of New Jersey Common Pension Fund D | 0.01% | Add +23.6% | 11,595 | $2.1M |
| Lombard Odier Asset Management (USA) Corp | 0.55% | Reduce -58.7% | 11,475 | $2.0M |
| Citigroup Inc. | 0.00% | Reduce -59.2% | 11,457 | $2.0M |
| CPC Advisors, LLC | 0.21% | Add +60.9% | 11,396 | $2.0M |
| Martingale Asset Management L P | 0.05% | Reduce -7.0% | 11,111 | $2.0M |
| Pathstone Holdings, LLC | 0.01% | Add +10.0% | 10,644 | $1.9M |
| Avior Wealth Management, LLC | 0.06% | Reduce -12.9% | 10,631 | $1.9M |
| Susquehanna International Group, LLP | 0.00% | Reduce -71.4% | 10,456 | $1.9M |
| Oak Ridge Investments LLC | 0.12% | Reduce -1.6% | 10,044 | $1.8M |
| Yousif Capital Management, LLC | 0.02% | Reduce -16.6% | 10,026 | $1.8M |
| IQ EQ FUND MANAGEMENT (IRELAND) Ltd | 0.12% | Reduce -20.1% | 9,994 | $1.8M |
| OP Asset Management Ltd | 0.02% | Reduce -76.3% | 9,824 | $1.8M |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -18.4% | 9,772 | $1.7M |
| Truist Financial Corp. | 0.00% | Reduce -61.0% | 9,674 | $1.7M |
| DNB Asset Management AS | 0.01% | Add +33.4% | 9,623 | $1.7M |
| Comerica Bank | 0.01% | Reduce -91.0% | 9,444 | $1.7M |
| Cim, LLC | 0.22% | Add +0.4% | 9,322 | $1.7M |
| Los Angeles Capital Management LLC | 0.01% | Reduce -69.2% | 9,283 | $1.7M |
| Vontobel Holding Ltd. | 0.01% | Add +198.6% | 9,031 | $1.6M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Add +2539.3% | 9,000 | $1.6M |
| Mgo One Seven LLC | 0.04% | Add +5.6% | 8,941 | $1.6M |
| Simplex Trading, LLC | 0.03% | Add +69.3% | 8,753 | $1.6M |
| Arizona State Retirement System | 0.01% | Add +1.6% | 8,720 | $1.6M |
| Corient Private Wealth LP | 0.00% | Add +55.6% | 8,601 | $1.5M |
| Bank of Montreal | 0.00% | Reduce -30.3% | 8,589 | $1.5M |
| MML Investors Services, LLC | 0.00% | Add +246.5% | 8,589 | $1.5M |
| Marietta Investment Partners LLC | 0.29% | Reduce -38.1% | 8,534 | $1.5M |
| Amalgamated Bank | 0.01% | Add +0.6% | 8,433 | $1.5M |
| Teachers Retirement System of the State of Kentucky | 0.01% | Reduce -3.6% | 8,381 | $1.5M |
| KBC Group NV | 0.00% | Reduce -45.9% | 8,384 | $1.5M |
| Police & Firemen's Retirement System of New Jersey | 0.01% | Add +23.0% | 8,309 | $1.5M |
| Johnson Financial Group, Inc. | 0.05% | Add +17.2% | 8,170 | $1.5M |
| Union Bancaire Privee, UBP SA | 0.02% | No change | 8,167 | $1.4M |
| Mitsubishi UFJ Asset Management (UK) Ltd. | 0.69% | Add +60.0% | 8,000 | $1.4M |
| Zions Bancorporation, National Association | 0.07% | Reduce -13.1% | 7,998 | $1.4M |
| American Century Companies Inc. | 0.00% | Reduce -58.9% | 7,945 | $1.4M |
| Essex Investment Management Co. LLC | 0.22% | No change | 7,877 | $1.4M |
| Caisse de depot et placement du Quebec | 0.00% | Add +13.8% | 7,791 | $1.4M |
| SG Americas Securities, LLC | 0.01% | Add +67.0% | 7,703 | $1.4M |
| Town & Country Bank & Trust CO dba First Bankers Trust CO | 0.48% | Reduce -3.3% | 7,646 | $1.4M |
| Values First Advisors, Inc. | 0.72% | Reduce -1.5% | 7,563 | $1.4M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.01% | Reduce -0.8% | 7,505 | $1.3M |
| Gotham Asset Management | 0.01% | Add +95.3% | 7,497 | $1.3M |
| Dark Forest Capital Management LP | 0.05% | New | 6,972 | $1.2M |
| Legato Capital Management LLC | 0.13% | Add +42.9% | 6,865 | $1.2M |
| TD Asset Management Inc | 0.00% | Add +13.9% | 6,718 | $1.2M |
| Oregon Public Employees Retirement Fund | 0.02% | Reduce -1.5% | 6,642 | $1.2M |
| State Board of Administration of Florida Retirement System | 0.00% | Reduce -0.8% | 6,632 | $1.2M |
| Royce & Associates LP | 0.01% | No change | 6,499 | $1.2M |
| Kestra Advisory Services, LLC | 0.01% | New | 6,273 | $1.1M |
| Level Four Advisory Services, LLC | 0.04% | New | 6,172 | $1.1M |
| Two Sigma Investments, LP | 0.00% | Add +31.5% | 6,154 | $1.1M |
| Diversify Wealth Management, LLC | 0.06% | Add +3.1% | 5,927 | $1.1M |
| Flputnam Investment Management Co. | 0.02% | No change | 5,865 | $1.0M |
| Ethic Inc. | 0.02% | Reduce -11.8% | 5,865 | $1.0M |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Reduce -0.2% | 5,503 | $983K |
| Mercer Global Advisors Inc. | 0.00% | Reduce -24.4% | 5,448 | $973K |
| Danske Bank A/S | 0.00% | Reduce -88.7% | 5,413 | $967K |
| Cetera Investment Advisers | 0.00% | Add +124.4% | 5,237 | $935K |
| River Street Advisors LLC | 0.36% | Reduce -0.7% | 5,198 | $928K |
| Exchange Traded Concepts, LLC | 0.01% | Reduce -6.2% | 5,023 | $897K |
| Raiffeisen Bank International AG | 0.01% | New | 5,000 | $885K |
| Mission Wealth Management, LP | 0.02% | Reduce -4.2% | 4,809 | $859K |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -48.0% | 4,548 | $812K |
| Inspire Investing, LLC | 0.07% | Reduce -27.8% | 4,289 | $766K |
| Maryland State Retirement & Pension System | 0.02% | Reduce -51.0% | 4,237 | $757K |
| Vestcor Inc | 0.02% | Reduce -23.3% | 4,207 | $751K |
| Kesler, Norman & Wride, LLC | 0.14% | Reduce -17.6% | 3,482 | $739K |
| O'shaughnessy Asset Management, LLC | 0.00% | Reduce -25.4% | 4,099 | $732K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Reduce -21.6% | 3,897 | $696K |
| Sumitomo Mitsui Trust Group, Inc. | 0.00% | New | 3,818 | $682K |
| Gsa Capital Partners LLP | 0.06% | Reduce -33.3% | 3,768 | $673K |
| Jones Financial Companies LLLP | 0.00% | Reduce -2.3% | 3,778 | $667K |
| First Citizens Bank & Trust Co. | 0.01% | Reduce -4.6% | 3,722 | $665K |
| Allianz SE | 0.01% | Add +206.2% | 3,711 | $663K |
| Meiji Yasuda Life Insurance Co | 0.02% | New | 3,700 | $661K |
| Quadrant Capital Group LLC | 0.02% | Reduce -8.9% | 3,690 | $659K |
| Sequoia Financial Advisors, LLC | 0.00% | Reduce -18.7% | 3,653 | $652K |
| Alliance Wealth Advisors, LLC | 0.15% | Add +2.4% | 3,589 | $641K |
| Trust Point Inc. | 0.05% | New | 3,575 | $638K |
| DAVENPORT & Co LLC | 0.00% | Reduce -2.2% | 3,510 | $627K |
| TD Waterhouse Canada Inc. | 0.00% | Add +53.9% | 3,514 | $623K |
| Schroder Investment Management Group | 0.00% | Add +3.1% | 3,493 | $618K |
| Cynosure Group, LLC | 0.07% | No change | 3,395 | $606K |
| Mariner, LLC | 0.00% | Reduce -41.2% | 3,376 | $603K |
| HighTower Advisors, LLC | 0.00% | Reduce -40.3% | 3,366 | $601K |
| Jump Financial, LLC | 0.01% | Reduce -93.4% | 3,310 | $591K |
| Mutual of America Capital Management LLC | 0.01% | Reduce -12.8% | 3,301 | $589K |
| Teton Advisors, LLC | 0.36% | — | 3,250 | $580K |
| Public Employees Retirement Association of Colorado | 0.00% | Reduce -2.7% | 3,222 | $575K |
| Pps&v Asset Management Consultants, Inc. | 0.33% | No change | 3,200 | $571K |
| Amova Asset Management Americas, Inc. | 0.01% | New | 3,199 | $571K |
| CIBC Bancorp USA Inc. | 0.00% | — | 3,165 | $565K |
| Benjamin Edwards Inc. | 0.01% | New | 3,072 | $549K |
| Corient IA LP | 0.40% | No change | 3,000 | $536K |
| New York Life Investment Management LLC | 0.00% | New | 2,983 | $533K |
| Evergreen Capital Management LLC | 0.01% | Add +3.5% | 2,982 | $533K |
| Focus Partners Wealth | 0.00% | Add +190.1% | 7,992 | $531K |
| Lazard Freres Gestion S.A.S. | 0.01% | Add +31.1% | 2,950 | $526K |
| Xponance LLC | 0.00% | Add +9.5% | 2,945 | $526K |
| Crossmark Global Holdings, Inc. | 0.01% | Reduce -13.4% | 2,941 | $525K |
| Federation des caisses Desjardins du Quebec | 0.00% | Add +206.9% | 2,928 | $523K |
| Quantinno Capital Management LP | 0.00% | Add +40.3% | 2,825 | $505K |
| Aureus Asset Management, LLC | 0.03% | No change | 2,803 | $501K |
| Park Avenue Securities LLC | 0.00% | New | 2,763 | $493K |
| IHT Wealth Management, LLC | 0.01% | Reduce -0.9% | 2,751 | $491K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Reduce -20.6% | 2,746 | $490K |
| Van Hulzen Asset Management, LLC | 0.04% | Reduce -3.1% | 2,729 | $487K |
| Ellenbecker Investment Group | 0.07% | Reduce -0.4% | 2,713 | $484K |
| Norway Savings Bank | 0.23% | Reduce -2.5% | 2,705 | $483K |
| Aviva PLC | 0.00% | Add +40.0% | 2,678 | $478K |
| First Interstate Bank | 0.03% | Add +0.6% | 2,605 | $465K |
| Putney Financial Group LLC | 0.46% | Reduce -0.9% | 2,603 | $465K |
| Lebenthal Global Advisors, LLC | 0.08% | Add +124.4% | 2,558 | $457K |
| Federated Hermes, Inc. | 0.00% | Reduce -3.8% | 2,547 | $455K |
| STRS Ohio | 0.00% | Reduce -32.4% | 2,500 | $446K |
| Ameritas Investment Partners, Inc. | 0.01% | Reduce -17.6% | 2,480 | $443K |
| Capstone Investment Advisors, LLC | 0.00% | Add +132.0% | 2,466 | $440K |
| Groupe la Francaise | 0.01% | No change | 2,400 | $429K |
| Synovus Financial Corp. | 0.00% | Add +26.5% | 2,380 | $425K |
| Columbia Bank | 0.12% | Reduce -5.7% | 2,349 | $423K |
| Midwest Professional Planners, LTD. | 0.10% | No change | 2,368 | $423K |
| Burney Co./ | 0.01% | Add +35.6% | 2,325 | $415K |
| Oppenheimer Asset Management Inc. | 0.00% | New | 2,308 | $412K |
| Praxis Investment Management Inc. | 0.02% | No change | 2,250 | $402K |
| GPS Wealth Strategies Group, LLC | 0.04% | Reduce -1.6% | 2,226 | $398K |
| Cresset Asset Management, LLC | 0.00% | Add +1.7% | 2,186 | $390K |
| Diversify Advisory Services, LLC | 0.01% | Add +10.0% | 2,103 | $383K |
| Modern Wealth Management, LLC | 0.01% | Add +13.7% | 2,077 | $371K |
| Great Lakes Advisors, LLC | 0.00% | Reduce -24.3% | 2,071 | $370K |
| Fortress Financial Solutions, LLC | 0.39% | Add +11.0% | 2,029 | $362K |
| Headlands Technologies LLC | 0.03% | New | 2,026 | $362K |
| Catalyst Funds Management Pty Ltd | 0.05% | New | 2,000 | $357K |
| Fruth Investment Management | 0.10% | No change | 2,000 | $357K |
| Arjuna Capital | 0.09% | Reduce -46.8% | 1,964 | $351K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -4.3% | 1,934 | $346K |
| Chevy Chase Trust Holdings, LLC | 0.00% | No change | 1,929 | $344K |
| Argus Investors' Counsel, Inc. | 0.27% | Reduce -1.0% | 1,902 | $340K |
| Great Lakes Retirement, Inc. | 0.04% | Reduce -1.0% | 1,892 | $338K |
| PFG Investments, LLC | 0.02% | Reduce -3.7% | 1,887 | $337K |
| Mackenzie Financial Corp. | 0.00% | Add +6.5% | 1,884 | $336K |
| Tandem Investment Advisors, Inc. | 0.01% | New | 1,728 | $309K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -80.0% | 1,714 | $306K |
| Alpine Bank Wealth Management | 0.04% | Reduce -5.9% | 1,708 | $305K |
| Two Sigma Advisers, LP | 0.00% | Add +6.3% | 1,700 | $304K |
| Atria Investments, Inc | 0.00% | Reduce -50.5% | 1,676 | $299K |
| Qsemble Capital Management, LP | 0.03% | New | 1,657 | $296K |
| Yorktown Management & Research Co Inc | 0.23% | No change | 1,650 | $295K |
| Northside Capital Management, LLC | 0.03% | No change | 1,650 | $295K |
| Rock Point Advisors, LLC | 0.08% | No change | 1,600 | $286K |
| KLCM Advisors, Inc. | 0.03% | No change | 1,600 | $286K |
| Advisory Services Network, LLC | 0.00% | Reduce -18.4% | 1,591 | $284K |
| Resona Asset Management Co.,Ltd. | 0.00% | No change | 1,586 | $281K |
| Glen Eagle Advisors, LLC | 0.04% | No change | 1,564 | $279K |
| Catalyst Capital Advisors LLC | 0.01% | Add +369.2% | 1,525 | $272K |
| apricus wealth, LLC | 0.15% | Reduce -8.7% | 1,510 | $270K |
| CIBC Private Wealth Group LLC | 0.00% | Add +0.7% | 1,508 | $269K |
| Nvest Financial, LLC | 0.15% | No change | 1,500 | $268K |
| Millstone Evans Group, LLC | 0.17% | No change | 1,490 | $266K |
| Inspire Advisors, LLC | 0.03% | Reduce -8.3% | 1,462 | $261K |
| Baker Ellis Asset Management LLC | 0.03% | New | 1,399 | $250K |
| New Age Alpha Advisors, LLC | 0.01% | Reduce -2.9% | 1,399 | $250K |
| Tower Research Capital LLC (TRC) | 0.01% | Reduce -57.6% | 1,395 | $249K |
| QRG Capital Management, Inc. | 0.00% | Add +28.9% | 1,394 | $249K |
| Profund Advisors LLC | 0.01% | Reduce -6.0% | 1,383 | $247K |
| Nisa Investment Advisors, LLC | 0.00% | Add +6.6% | 1,372 | $245K |
| Ballentine Partners, LLC | 0.00% | Reduce -28.2% | 1,369 | $244K |
| Principal Securities, Inc. | 0.00% | Add +518.5% | 1,367 | $244K |
| Aquatic Capital Management LLC | 0.00% | Reduce -90.8% | 1,323 | $236K |
| Freestone Grove Partners LP | 0.00% | Reduce -50.3% | 1,316 | $235K |
| Journey Strategic Wealth LLC | 0.01% | Add +0.1% | 1,298 | $232K |
| Portside Wealth Group, LLC | 0.03% | Reduce -58.0% | 1,291 | $231K |
| Apollon Wealth Management, LLC | 0.00% | Add +17.4% | 1,270 | $227K |
| &partners | 0.00% | Add +8.5% | 1,259 | $224K |
| Stratos Wealth Partners, LTD. | 0.00% | No change | 1,248 | $223K |
| CX Institutional | 0.01% | New | 1,241 | $222K |
| Sage Mountain Advisors LLC | 0.01% | New | 1,236 | $221K |
| Financiere des Professionnels - Fonds d'investissement inc. | 0.01% | No change | 1,196 | $214K |
| Bryn Mawr Trust Advisors, LLC | 0.01% | Add +16.7% | 1,175 | $210K |
| Choreo, LLC | 0.00% | Reduce -5.9% | 1,162 | $208K |
| Graham Capital Management, L.P. | 0.01% | Reduce -11.1% | 1,160 | $207K |
| Fox Run Management, L.L.C. | 0.03% | Add +0.8% | 1,147 | $205K |
| AE Wealth Management LLC | 0.00% | Add +14.5% | 1,139 | $204K |
| Monument Capital Management | 0.05% | Reduce -92.7% | 1,135 | $203K |
| Covestor Ltd | 0.11% | Add +0.2% | 1,072 | $192K |
| FIL Ltd | 0.00% | No change | 1,067 | $191K |
| State of Wyoming | 0.02% | Add +51.4% | 984 | $176K |
| NewEdge Advisors, LLC | 0.00% | Reduce -75.5% | 965 | $172K |
| Parallel Advisors, LLC | 0.00% | Reduce -11.9% | 915 | $163K |
| TrinityBridge Ltd | 0.00% | Add +3.5% | 866 | $155K |
| Twin Tree Management, LP | 0.01% | Add +21500.0% | 864 | $154K |
| Archer Investment Corp | 0.03% | Add +3.3% | 811 | $145K |
| Public Employees Retirement System of Ohio | 0.00% | Add +0.9% | 798 | $143K |
| GHP Investment Advisors, Inc. | 0.01% | No change | 773 | $138K |
| Dundas Partners LLP | 0.01% | Reduce -90.8% | 773 | $138K |
| Global Retirement Partners, LLC | 0.00% | Reduce -1.9% | 740 | $132K |
| Clearstead Advisors, LLC | 0.00% | Reduce -24.9% | 731 | $131K |
| Harbour Investments, Inc. | 0.00% | Add +68.6% | 715 | $128K |
| Lowe Wealth Advisors, LLC | 0.05% | Reduce -10.3% | 700 | $125K |
| Pacific Center for Financial Services | 0.03% | No change | 673 | $120K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +2.1% | 667 | $119K |
| Pacer Advisors, Inc. | 0.00% | Reduce -45.3% | 649 | $116K |
| Smartleaf Asset Management LLC | 0.01% | Add +7.8% | 606 | $107K |
| Bank Julius Baer & Co. Ltd, Zurich | 0.00% | No change | 600 | $107K |
| Blue Trust, Inc. | 0.00% | Add +185.4% | 568 | $101K |
| Cwm, LLC | 0.00% | Reduce -38.1% | 538 | $96K |
| GAMMA Investing LLC | 0.01% | Reduce -33.7% | 530 | $95K |
| Leonteq Securities AG | 0.01% | Add +725.0% | 528 | $94K |
| AdvisorNet Financial, Inc | 0.01% | Reduce -1.9% | 520 | $93K |
| Signaturefd, LLC | 0.00% | Reduce -26.9% | 451 | $81K |
| Harbor Investment Advisory, LLC | 0.01% | New | 416 | $74K |
| Shell Asset Management Co. | 0.01% | Reduce -86.5% | 413 | $74K |
| Farther Finance Advisors, LLC | 0.00% | Add +53.7% | 398 | $71K |
| Asset Management One Co., Ltd. | 0.00% | No change | 378 | $68K |
| Trust Co. of Vermont | 0.00% | Reduce -6.3% | 375 | $67K |
| AlphaQuest LLC | 0.00% | New | 370 | $66K |
| Wealthspire Advisors, LLC | 0.00% | New | 304 | $54K |
| Contravisory Investment Management, Inc. | 0.01% | Reduce -63.7% | 284 | $51K |
| Global X Japan Co., Ltd. | 0.00% | Add +27.3% | 266 | $48K |
| IFP Advisors, Inc | 0.00% | Reduce -45.5% | 256 | $46K |
| Strategic Advocates LLC | 0.01% | New | 230 | $41K |
| Silicon Valley Capital Partners | 0.00% | Add +0.4% | 230 | $41K |
| Salomon & Ludwin, LLC | 0.00% | New | 210 | $38K |
| MAI Capital Management | 0.00% | Reduce -20.0% | 208 | $37K |
| Frazier Financial Advisors, LLC | 0.02% | No change | 200 | $36K |
| ORG Partners LLC | 0.01% | No change | 200 | $36K |
| Private Trust Co. NA | 0.00% | No change | 200 | $36K |
| Huntington National Bank | 0.00% | Reduce -5.7% | 198 | $35K |
| Dunhill Financial, LLC | 0.01% | Reduce -2.5% | 191 | $34K |
| Brown Brothers Harriman & Co. | 0.00% | Add +62.3% | 185 | $33K |
| Caitlin John, LLC | 0.02% | New | 176 | $31K |
| EverSource Wealth Advisors, LLC | 0.00% | Reduce -18.8% | 168 | $30K |
| Banque Cantonale Vaudoise | 0.00% | Add +22.8% | 151 | $27K |
| Fifth Third Bancorp | 0.00% | Add +19.0% | 138 | $25K |
| SBI Securities Co., Ltd. | 0.00% | Reduce -24.6% | 135 | $24K |
| Allworth Financial LP | 0.00% | Reduce -8.9% | 133 | $24K |
| Wexford Capital LP | 0.01% | New | 127 | $23K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Add +0.8% | 119 | $21K |
| Parkside Financial Bank & Trust | 0.00% | Reduce -3.8% | 102 | $18K |
| IAG Wealth Partners, LLC | 0.00% | No change | 100 | $18K |
| Canada Pension Plan Investment Board | 0.00% | Reduce -50.0% | 100 | $18K |
| UMB Bank, n.a. | 0.00% | Reduce -24.8% | 94 | $17K |
| Golden State Wealth Management, LLC | 0.00% | No change | 92 | $16K |
| Caitong International Asset Management Co., Ltd | 0.01% | New | 85 | $15K |
| Lanark Financial, Inc. | 0.00% | No change | 75 | $13K |
| Versant Capital Management, Inc | 0.00% | Reduce -35.1% | 74 | $13K |
| SRH Advisors, LLC | 0.00% | No change | 72 | $13K |
| Manchester Capital Management LLC | 0.00% | New | 72 | $13K |
| Sterling Capital Management LLC | 0.00% | No change | 72 | $13K |
| Transamerica Financial Advisors, LLC | 0.00% | New | 71 | $13K |
| Addison Advisors LLC | 0.00% | No change | 68 | $12K |
| Hantz Financial Services, Inc. | 0.00% | Add +47.4% | 56 | $10K |
| Bell Investment Advisors, Inc | 0.00% | No change | 51 | $9K |
| Clark Wealth Partners | 0.01% | Reduce -43.5% | 52 | $9K |
| Larson Financial Group LLC | 0.00% | Reduce -23.1% | 50 | $9K |
| Rise Advisors, LLC | 0.00% | No change | 49 | $9K |
| Bare Financial Services, Inc | 0.00% | Add +20.5% | 47 | $8K |
| Root Financial Partners, LLC | 0.00% | New | 46 | $8K |
| Private Wealth Management Group, LLC | 0.00% | Reduce -7.9% | 35 | $6K |
| Winch Advisory Services, LLC | 0.00% | No change | 34 | $6K |
| Harbor Capital Advisors, Inc. | 0.00% | Reduce -99.9% | 34 | $6K |
| Physician Wealth Advisors, Inc. | 0.00% | Add +6.7% | 32 | $6K |
| WPG Advisers, LLC | 0.00% | Reduce -39.6% | 29 | $5K |
| Stance Capital LLC | 0.00% | New | 27 | $5K |
| High Note Wealth, LLC | 0.00% | Add +9.5% | 23 | $4K |
| Hemington Wealth Management | 0.00% | Reduce -33.3% | 24 | $4K |
| Washington Trust Advisors, Inc. | 0.00% | New | 22 | $4K |
| Bogart Wealth, LLC | 0.00% | No change | 22 | $4K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 20 | $4K |
| JFS Wealth Advisors, LLC | 0.00% | Reduce -5.0% | 19 | $3K |
| Rothschild Investment LLC | 0.00% | Reduce -63.5% | 19 | $3K |
| Farmers & Merchants Investments Inc. | 0.00% | Reduce -5.3% | 18 | $3K |
| Clearstead Trust, LLC | 0.00% | No change | 15 | $3K |
| TD Capital Management LLC | 0.00% | No change | 13 | $2K |
| Whittier Trust Co. of Nevada Inc. | 0.00% | No change | 12 | $2K |
| MPWM Advisory Solutions, LLC | 0.00% | No change | 12 | $2K |
| Essential Partners LLC | 0.00% | Reduce -29.4% | 12 | $2K |
| Assetmark, Inc. | 0.00% | Reduce -15.4% | 11 | $2K |
| Creative Financial Designs Inc. | 0.00% | No change | 9 | $2K |
| Clayton Financial Group LLC | 0.00% | New | 9 | $2K |
| TD Private Client Wealth LLC | 0.00% | No change | 9 | $2K |
| Thompson Investment Management, Inc. | 0.00% | No change | 8 | $1K |
| Bellevue Asset Management, LLC | 0.00% | New | 8 | $1K |
| DiNuzzo Private Wealth, Inc. | 0.00% | No change | 6 | $1K |
| Financial Network Wealth Advisors LLC | 0.00% | Reduce -66.7% | 6 | $1K |
| Rakuten Securities, Inc. | 0.00% | New | 6 | $1K |
| Fortitude Family Office, LLC | 0.00% | Reduce -16.7% | 5 | $893 |
| Rossby Financial, LCC | 0.00% | New | 5 | $883 |
| Raffa Wealth Management, LLC | 0.00% | New | 3 | $536 |
| Concord Wealth Partners | 0.00% | No change | 3 | $536 |
| Abound Wealth Management | 0.00% | No change | 2 | $358 |
| SJS Investment Consulting Inc. | 0.00% | Reduce -33.3% | 2 | $358 |
| Bay Harbor Wealth Management, LLC | 0.00% | Add +100.0% | 2 | $357 |
| Guerra Advisors Inc | 0.00% | New | 2 | $357 |
| HFM Investment Advisors, LLC | 0.00% | No change | 2 | $357 |
| Tortoise Investment Management, LLC | 0.00% | Reduce -60.0% | 2 | $357 |
| Colonial Trust Advisors | 0.00% | No change | 1 | $180 |
| TFC Financial Management, Inc. | 0.00% | No change | 1 | $179 |
| Rialto Wealth Management, LLC | 0.00% | No change | 1 | $179 |
| Copeland Capital Management, LLC | 0.00% | No change | 1 | $178 |
| Cloud Capital Management, LLC | 0.00% | New | 2 | $0 |
"% of holder's portfolio" is BMI's weight in each manager's 13F, not the share of Badger Meter Inc. the manager owns.