Badger Meter Inc: which funds bought and sold
Institutions that bought and sold Badger Meter shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 244 institutions that filed 13F reports for both quarters added to or opened positions in Badger Meter, and 228 cut or closed them. Together they added a net 2.0M shares, +6.6% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 681K shares (−15.7%); index fund managers were net buyers of 289K shares (+2.4%). 75 opened a new position and 70 sold out entirely.
Bought, Q2 2026 244 institutions, 75 of them new holders Sold, Q2 2026 228 institutions, 70 of them sold out
Net change, all compared +2.0M shares (+6.6%)
Net change, active managers −681K shares (−15.7%), 21 bought, 36 sold
Buyers versus sellers
244 bought 70 228 sold
Active managers and hedge funds 21 bought · 36 sold · −681K
Index fund managers 8 bought · 3 sold · +289K
Other institutions 215 bought · 189 sold · +2.4M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Impax Asset Management Group PLC | +946K New position | 946K | $140M |
| Van Berkom & Associates Inc. | +330K New position | 330K | $49M |
| First Trust Advisors LP | +212K +37.7% | 772K | $115M |
| Sandhill Capital Partners LLC | +202K New position | 202K | $29.9M |
| Boston Trust Walden Corp | +199K +37.5% | 729K | $108M |
| Copeland Capital Management, LLC Active manager | +191K +19090500.0% | 191K | $28.3M |
| Pictet Asset Management Holding SA | +180K +45.7% | 574K | $85.2M |
| Federated Hermes, Inc. Active manager | +177K +495.3% | 213K | $31.6M |
| Bank Of America Corp | +168K +57.3% | 461K | $68.3M |
| Neuberger Berman Group LLC Active manager | +153K +44.1% | 500K | $74.1M |
| Amundi | +131K +28.5% | 590K | $87.6M |
| State Street Corp Index funds | +126K +8.3% | 1.7M | $245M |
| Fundsmith Investment Services Ltd. | +119K +89.4% | 251K | $37.3M |
| Needham Investment Management LLC | +115K +383.3% | 145K | $21.5M |
| Select Equity Group, L.P. Active manager | +107K +117.0% | 199K | $29.6M |
| Daventry Group, LP | +80K New position | 80K | $11.9M |
| Morgan Stanley | +77K +11.6% | 740K | $110M |
| American Capital Management Inc | +72K +39.0% | 258K | $38.3M |
| Geode Capital Management, LLC Index funds | +70K +7.4% | 1.0M | $150M |
| Citigroup Inc | +69K +246.5% | 97K | $14.4M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Copeland Capital Management, LLC Active manager | +191K +19090500.0% | 191K | $28.3M |
| Federated Hermes, Inc. Active manager | +177K +495.3% | 213K | $31.6M |
| Neuberger Berman Group LLC Active manager | +153K +44.1% | 500K | $74.1M |
| Select Equity Group, L.P. Active manager | +107K +117.0% | 199K | $29.6M |
| Vulcan Value Partners, LLC Active manager | +69K New position | 69K | $10.2M |
| Balyasny Asset Management L.P. Hedge fund | +59K New position | 59K | $8.7M |
| Arrowstreet Capital, Limited Partnership Hedge fund | +51K +37.0% | 189K | $28M |
| AQR Capital Management LLC Hedge fund | +44K +94.9% | 90K | $13.3M |
| Fundsmith LLP Active manager | +32K +22.6% | 175K | $25.9M |
| Holocene Advisors, LP Hedge fund | +30K +123.2% | 54K | $8M |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| BAMCO Inc Active manager | −312K Sold out | 0 | — |
| Invesco Ltd. | −273K −35.0% | 505K | $75M |
| Kayne Anderson Rudnick Investment Management LLC Active manager | −265K −98.5% | 4,061 | $602,571 |
| UBS Group AG | −229K −26.7% | 629K | $93.4M |
| Renaissance Technologies LLC Hedge fund | −199K Sold out | 0 | — |
| Marshall Wace, LLP Hedge fund | −195K −38.4% | 312K | $46.3M |
| Goldman Sachs Group Inc | −153K −32.9% | 312K | $46.3M |
| Millennium Management LLC Hedge fund | −126K Sold out | 0 | — |
| Conestoga Capital Advisors, LLC | −123K Sold out | 0 | — |
| Voloridge Investment Management, LLC Hedge fund | −113K Sold out | 0 | — |
| Tudor Investment Corp Et Al Hedge fund | −107K −97.2% | 3,030 | $449,591 |
| Squarepoint Ops LLC Hedge fund | −76K Sold out | 0 | — |
| Bessemer Group Inc | −71K −52.2% | 65K | $9.7M |
| Robeco Schweiz AG | −65K −46.3% | 76K | $11.3M |
| Blackrock, Inc. Index funds | −60K −1.2% | 4.9M | $726M |
| Dudley & Shanley, Inc. | −59K −48.4% | 63K | $9.3M |
| Man Group PLC Hedge fund | −59K −90.7% | 6,059 | $899,034 |
| Cerity Partners LLC | −56K −92.3% | 4,724 | $700,885 |
| Jpmorgan Chase & Co | −41K −8.6% | 435K | $60.5M |
| Citadel Advisors LLC Hedge fund | −40K Sold out | 0 | — |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| BAMCO Inc Active manager | −312K Sold out | 0 | — |
| Kayne Anderson Rudnick Investment Management LLC Active manager | −265K −98.5% | 4,061 | $602,571 |
| Renaissance Technologies LLC Hedge fund | −199K Sold out | 0 | — |
| Marshall Wace, LLP Hedge fund | −195K −38.4% | 312K | $46.3M |
| Millennium Management LLC Hedge fund | −126K Sold out | 0 | — |
| Voloridge Investment Management, LLC Hedge fund | −113K Sold out | 0 | — |
| Tudor Investment Corp Et Al Hedge fund | −107K −97.2% | 3,030 | $449,591 |
| Squarepoint Ops LLC Hedge fund | −76K Sold out | 0 | — |
| Man Group PLC Hedge fund | −59K −90.7% | 6,059 | $899,034 |
| Citadel Advisors LLC Hedge fund | −40K Sold out | 0 | — |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Impax Asset Management Group PLC | 946K | $140M |
| Van Berkom & Associates Inc. | 330K | $49M |
| Sandhill Capital Partners LLC | 202K | $29.9M |
| Daventry Group, LP | 80K | $11.9M |
| Vulcan Value Partners, LLCActive manager | 69K | $10.2M |
| Williams Jones Wealth Management, Llc. | 62K | $9.1M |
| Balyasny Asset Management L.P.Hedge fund | 59K | $8.7M |
| Capital Innovations LLC | 39K | $5.8M |
| Norwood Investment Partners, LP | 23K | $3.4M |
| Wills Financial Group LLC | 20K | $3M |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| BAMCO IncActive manager | 312K | $47.6M |
| Renaissance Technologies LLCHedge fund | 199K | $30.3M |
| Millennium Management LLCHedge fund | 126K | $19.2M |
| Conestoga Capital Advisors, LLC | 123K | $18.7M |
| Voloridge Investment Management, LLCHedge fund | 113K | $17.3M |
| Squarepoint Ops LLCHedge fund | 76K | $11.6M |
| Citadel Advisors LLCHedge fund | 40K | $6.1M |
| Van Eck Associates Corp | 34K | $5.2M |
| Healthcare Of Ontario Pension Plan Trust Fund | 33K | $5.1M |
| Caxton Associates LLPHedge fund | 32K | $4.8M |
Who holds the shares
- Institutions reporting
- 477
- Ten largest holders
- 46.5% of 13F-reported shares
- Index fund managers
- 38.3% of 13F-reported shares
- Active managers and hedge funds
- 11.2% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 21 | 36 | 3 | 18 | −681K | −15.7% |
| Index fund managers | 8 | 3 | 0 | 0 | +289K | +2.4% |
| Other institutions | 215 | 189 | 72 | 52 | +2.4M | +17.5% |