| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 1.3M | $195.5M | +1.2% | 4.545% | 0.00% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 1.0M | $149.6M | +7.4% | 3.479% | 0.01% |
| 6 | Impax Asset Management Group plc | 946K | $140.3M | — | 3.263% | 0.91% |
| 7 | FIRST TRUST ADVISORS LP | 772K | $114.5M | +37.8% | 2.663% | 0.07% |
| 8 | MORGAN STANLEY | 740K | $109.8M | +11.6% | 2.552% | 0.01% |
| 9 | Boston Trust Walden Corp | 729K | $108.2M | +37.5% | 2.515% | 0.82% |
| 10 | UBS Group AG | 629K | $93.4M | -26.7% | 2.171% | 0.01% |
| 11 | Amundi | 590K | $87.6M | +28.5% | 2.036% | 0.02% |
| 12 | Pictet Asset Management Holding SA | 574K | $85.2M | +45.7% | 1.982% | 0.08% |
| 13 | DIMENSIONAL FUND ADVISORS LP | 517K | $76.8M | -4.2% | 1.785% | 0.01% |
| 14 | Invesco Ltd. | 505K | $75.0M | -35.0% | 1.743% | 0.01% |
| 15 | Neuberger Berman Group LLC | 500K | $74.1M | +44.1% | 1.723% | 0.02% |
| 16 | BANK OF AMERICA CORP /DE/ | 461K | $68.3M | +57.3% | 1.589% | 0.00% |
| 17 | JPMORGAN CHASE & CO | 435K | $60.5M | -8.6% | 1.500% | 0.00% |
| 18 | NORTHERN TRUST CORP | 380K | $56.4M | +14.3% | 1.311% | 0.01% |
| 19 | NORGES BANK | 374K | $55.5M | — | 1.291% | 0.01% |
| 20 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 335K | $49.8M | +5.0% | 1.157% | 0.01% |
| 21 | MARSHALL WACE, LLP | 312K | $46.3M | -38.4% | 1.077% | 0.04% |
| 22 | GOLDMAN SACHS GROUP INC | 312K | $46.3M | -32.9% | 1.076% | 0.00% |
| 23 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 281K | $41.6M | +6.4% | 0.968% | 0.05% |
| 24 | AMERICAN CAPITAL MANAGEMENT INC | 258K | $38.3M | +39.0% | 0.891% | 1.72% |
| 25 | FUNDSMITH INVESTMENT SERVICES LTD. | 251K | $37.3M | +89.4% | 0.867% | 0.82% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in BMI — a direct measure of their conviction.
| 95.10% |
| +2.68 pp |
| $5.02B |
| 7.4% |
| Q4 2024 | 479 | +3.5% | 92.42% | +3.96 pp | $5.42B | +1.9% |
| Q3 2024 | 463 | — | 88.46% | — | $5.32B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
| 870 |
| $113.80 |
| $99K |
76 institutions opened new positions in BMI during Q2 2026, while 69 fully exited. 150 added to existing positions and 245 trimmed.
BMI institutional ownership rose by 8.18 percentage points quarter-over-quarter, with a net change of +9 holders.
The top 10 institutions account for 48.3% of all reported 13F value in BMI, and the top 25 account for 67.6%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Badger Meter, Inc. (BMI) Institutional Ownership