Badger Meter, Inc.
Badger Meter, Inc. (BMI) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · BMI · as of Mar 31, 2025
Ownership Breakdown
507
Institutional Holders
▲ 5 vs Q4
$5.32B
Total Inst. Value
▼ $384.25M vs Q4
29.19M
Shares Outstanding
freeFloat 99.31%
27.96M
13F Shares Held
▲ 1.06M vs Q4
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
BMI largest shareholders · institutional ownership
Q1 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BLACKROCK, INC. totalizing fluid meters & counting devices | 5.29M | 18.01% | 18.01% | $1.01T | May 2, 2025 | ▼ 131.6K |
VANGUARD GROUP INC totalizing fluid meters & counting devices | 3.80M | 12.92% | 12.92% | $722.23B | May 9, 2025 | ▼ 45.6K |
STATE STREET CORP totalizing fluid meters & counting devices | 1.44M | 4.91% | 4.91% | $274.47B | May 15, 2025 | ▼ 142.7K |
GEODE CAPITAL MANAGEMENT, LLC totalizing fluid meters & counting devices | 857.2K | 2.92% | 2.92% | $163.63B | May 13, 2025 | ▲ 60.7K |
MORGAN STANLEY totalizing fluid meters & counting devices | 729.2K | 2.48% | 2.48% | $138.73B | May 15, 2025 | ▼ 20.9K |
INVESCO LTD. totalizing fluid meters & counting devices | 630.9K | 2.15% | 2.15% | $120.03B | May 12, 2025 | ▲ 129.9K |
DIMENSIONAL FUND ADVISORS LP totalizing fluid meters & counting devices | 517.5K | 1.76% | 1.76% | $98.44B | May 13, 2025 | ▼ 8.1K |
JPMORGAN CHASE & CO totalizing fluid meters & counting devices | 482.4K | 1.64% | 1.64% | $91.78B | May 12, 2025 | ▲ 49.2K |
GOLDMAN SACHS GROUP INC totalizing fluid meters & counting devices | 456.9K | 1.56% | 1.56% | $86.93B | Jun 27, 2025 | ▼ 91.4K |
CONGRESS ASSET MANAGEMENT CO /MA totalizing fluid meters & counting devices | 398.6K | 1.36% | 1.36% | $75.83B | Apr 11, 2025 | ▲ 35.4K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q1 2025 vs prior quarter
Q1 2025
23
Increased
+1.22M shares4
New Positions
first time holders21
Decreased
−778.9K shares0
Sold Out
fully exitedNet shares change (top 50)
+442.3K
+1.22M / −778.9K
Net new holders
+6
4 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
BMI insider trading · insider activity
Source: SEC Form 4
Insiders have been net buyers of shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
16
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Liu Xia director | May 1, 2026 | Award | 131.28 | — | — | 4.5K | Form 4 ↗ |
Cook Melanie K. director | Apr 27, 2026 | Award | 952 | $122.96 | $117.1K | 3.2K | Form 4 ↗ |
Liu Xia director | Apr 27, 2026 | Award | 952 | — | — | 4.4K | Form 4 ↗ |
McGill James W director | Apr 27, 2026 | Award | 952 | $122.96 | $117.1K | 4.9K | Form 4 ↗ |
Myers Tessa M. director | Apr 27, 2026 | Award | 952 | $122.96 | $117.1K | 5.9K | Form 4 ↗ |
TELLOCK GLEN E director | Apr 27, 2026 | Award | 952 | $122.96 | $117.1K | 8.6K | Form 4 ↗ |
Brooks Henry F director | Apr 27, 2026 | Award | 952 | $122.96 | $117.1K | 3.2K | Form 4 ↗ |
STERN JAMES F director | Apr 27, 2026 | Award | 952 | $122.96 | $117.1K | 8.6K | Form 4 ↗ |
ADAMS TODD A. director | Apr 27, 2026 | Award | 952 | — | — | 17.1K | Form 4 ↗ |
BERGUM WILLIAM R A VP-Gen. Counsel and Secretary | Apr 21, 2026 | I-Discretionary | 1,413.76 | $123.78 | $175.0K | 13.4K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Badger Meter, Inc. (BMI) is primarily owned by institutional investors, who hold approximately 95.8% of total shares outstanding. Company insiders own approximately 0.69%, while retail and public investors account for the remaining 3.51%.
The largest institutional shareholder of Badger Meter, Inc. is BLACKROCK, INC., holding approximately 5.29 million shares — equal to 18.01% of outstanding shares — as of March 31, 2025.
A total of 507 institutional investors currently hold BMI stock, with a combined institutional value of approximately $5.32 billion as of the most recent 13F filing period.
Frequently asked questions
BMI ownershipBadger Meter, Inc. (BMI) is primarily owned by institutional investors, who hold approximately 95.8% of shares. The largest shareholder is BLACKROCK, INC. with a 18.01% stake. Company insiders hold 0.69%. Data sourced from SEC Form 13F as of March 31, 2025.