Badger Meter, Inc. (BMI) Ownership
BMI ownership summary
as of October 18, 2026- Institutions
- 120.1% of shares outstanding
- Insiders
- 0.62% of shares outstanding
- Shares outstanding
- 29.0M
- Float
- 28.8M shares available to trade
- Short interest
- 23.08% 4.6M shares short
- Days to cover
- 12.29 short interest up 2.8% vs prior month
- Institutions 120.13%
- Insiders 0.62%
BMI top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | BlackRock Inc | 16.88% | 4.9M | $618.8M | −59,540 (−1.2%) | June 30, 2026 |
| 2 | Vanguard Portfolio Management, LLC | 8.64% | 2.5M | $316.8M | +53,172 (+2.2%) | June 30, 2026 |
| 3 | State Street Corp | 5.70% | 1.7M | $208.9M | +126,444 (+8.3%) | June 30, 2026 |
| 4 | Vanguard Capital Management, LLC | 4.54% | 1.3M | $166.6M | +15,705 (+1.2%) | June 30, 2026 |
| 5 | Geode Capital Management, LLC | 3.48% | 1.0M | $127.5M | +69,561 (+7.4%) | June 30, 2026 |
| 6 | Impax Asset Management Group PLC | 3.26% | 946K | $119.6M | +945,694 (0.0%) | June 30, 2026 |
| 7 | First Trust Advisors L.P. | 2.66% | 772K | $97.6M | +211,508 (+37.7%) | June 30, 2026 |
| 8 | Morgan Stanley - Brokerage Accounts | 2.55% | 740K | $93.6M | +76,690 (+11.6%) | June 30, 2026 |
| 9 | BTIM Corp | 2.51% | 729K | $92.2M | +198,792 (+37.5%) | June 30, 2026 |
| 10 | UBS Group AG | 2.17% | 629K | $79.6M | −228,763 (−26.7%) | June 30, 2026 |
| 11 | Amundi | 2.04% | 590K | $74.6M | +131,016 (+28.5%) | June 30, 2026 |
| 12 | Pictet Asset Manangement SA | 1.98% | 574K | $72.7M | +180,133 (+45.7%) | June 30, 2026 |
| 13 | Dimensional Fund Advisors, Inc. | 1.79% | 517K | $65.5M | −22,776 (−4.2%) | June 30, 2026 |
| 14 | Amvescap Plc. | 1.74% | 505K | $63.9M | −272,564 (−35.0%) | June 30, 2026 |
| 15 | Neuberger Berman Group LLC | 1.72% | 500K | $63.2M | +152,799 (+44.1%) | June 30, 2026 |
| 16 | Bank of America Corp | 1.59% | 461K | $58.3M | +167,750 (+57.3%) | June 30, 2026 |
| 17 | JPMorgan Chase & Co | 1.50% | 435K | $55.0M | −41,017 (−8.6%) | June 30, 2026 |
| 18 | Northern Trust Corp | 1.31% | 380K | $48.1M | +47,513 (+14.3%) | June 30, 2026 |
| 19 | NORGES BANK | 1.29% | 374K | $47.3M | −106,293 (−22.1%) | June 30, 2026 |
| 20 | Charles Schwab Investment Management Inc | 1.16% | 335K | $42.4M | +15,840 (+5.0%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 14 holders added 2.4M shares and 6 cut 731K.
BMI top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | iShares Core S&P Small-Cap ETF | 5.96% | 1.7M | $218.3M | +387 (+0.0%) | September 30, 2026 |
| 2 | Vanguard MStar Total Stk Mkt Idx Invest | 3.21% | 931K | $117.7M | −1,156 (−0.1%) | August 31, 2026 |
| 3 | iShares Russell 2000 ETF | 2.65% | 768K | $97.1M | −8,832 (−1.1%) | September 30, 2026 |
| 4 | Vanguard Information Technology ETF | 2.50% | 726K | $91.8M | −16,026 (−2.2%) | August 31, 2026 |
| 5 | Vanguard Small Cap Index | 2.32% | 672K | $85.0M | +667 (+0.1%) | August 31, 2026 |
| 6 | First Trust SMID Cp Rising Div Achv ETF | 2.30% | 666K | $84.2M | — | September 30, 2026 |
| 7 | Pictet-Water I EUR | 1.58% | 459K | $58.0M | +141,570 (+44.6%) | June 30, 2026 |
| 8 | BNP Paribas Aqua C C | 1.43% | 415K | $52.5M | −59 (−0.0%) | August 31, 2026 |
| 9 | BNP Paribas Aqua I | 1.43% | 415K | $52.5M | −37 (−0.0%) | August 31, 2026 |
| 10 | Vanguard MStar Small Cap Growth Indx Inv | 1.33% | 386K | $48.8M | −3,193 (−0.8%) | August 31, 2026 |
| 11 | Global X US Infrastructure Dev ETF | 1.23% | 357K | $45.1M | +2,520 (+0.7%) | September 30, 2026 |
| 12 | Fidelity Small Cap Index | 1.12% | 326K | $41.2M | +2,613 (+0.8%) | July 31, 2026 |
| 13 | State Street® SPDR® S&P® Dividend ETF | 1.08% | 312K | $39.4M | — | September 30, 2026 |
| 14 | Neuberger Genesis Inv | 0.98% | 284K | $35.9M | +86,396 (+43.8%) | June 30, 2026 |
| 15 | iShares Russell 2000 Growth ETF | 0.96% | 279K | $35.3M | −353 (−0.1%) | September 30, 2026 |
| 16 | iShares S&P Small-Cap 600 Growth ETF | 0.93% | 268K | $33.9M | — | September 30, 2026 |
| 17 | First Trust Water ETF | 0.92% | 267K | $33.7M | — | September 30, 2026 |
| 18 | State Street SPDR Port S&P 600 Sm CpETF | 0.91% | 264K | $33.4M | — | September 30, 2026 |
| 19 | iShares Global Water ETF USD Dist | 0.76% | 219K | $27.8M | — | September 30, 2026 |
| 20 | JPMorgan Small Cap Equity A | 0.68% | 198K | $25.0M | — | August 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
BMI insider transactions
latest 11| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2026-04-23 | Robert Wrocklage | Buy | $122.35 | 1,000 | $122,350 |
| 2026-04-21 | Christina M Tarantino | Buy | $113.80 | 870 | $99,006 |
| 2026-04-21 | Edward F Callahan | Buy | $116.30 | 858 | $99,785 |
| 2026-04-21 | Kenneth Bockhorst | Buy | $117.53 | 2,200 | $258,566 |
| 2026-04-21 | Richard Htwe | Buy | $116.13 | 1,700 | $197,421 |
| 2026-03-06 | Kimberly K Stoll | Sell | $144.50 | 143 | $20,664 |
| 2026-03-04 | Fred J Begale | Sell | $150.00 | 2,064 | $309,600 |
| 2026-03-03 | Kimberly K Stoll | Sell | $149.01 | 1,634 | $243,482 |
| 2026-02-27 | Kimberly K Stoll | Sell | $150.38 | 148 | $22,256 |
| 2026-02-10 | Kenneth Bockhorst | Buy | $152.42 | 3,300 | $502,986 |
| 2026-02-09 | Robert Wrocklage | Buy | $152.35 | 1,650 | $251,378 |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
BMI shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns BMI
Institutional investors own 120.1% of Badger Meter's shares and insiders 0.62%. The largest holder is BlackRock Inc with 16.88% of the shares (4.9M), as of June 30, 2026. Among the top 20 institutions, 14 added shares and 6 reduced their stake in the latest filings. Short interest is 23.08% of the float, or 12.29 days of average trading volume. The share count rose 2.6% since 2014.
Related: BMI analyst forecast, BMI key metrics, BMI dividend history. See the BMI stock overview for the latest quote and news.
BMI ownership FAQ
Who owns the most Badger Meter stock?
The largest shareholders of Badger Meter are BlackRock Inc (16.88%), Vanguard Portfolio Management, LLC (8.64%), State Street Corp (5.70%), Vanguard Capital Management, LLC (4.54%), Geode Capital Management, LLC (3.48%).
What percentage of Badger Meter is owned by institutions?
Institutions hold 120.1% of Badger Meter's shares outstanding; insiders hold 0.62%.
Which funds own Badger Meter?
The largest fund holders of Badger Meter are iShares Core S&P Small-Cap ETF (5.96%), Vanguard MStar Total Stk Mkt Idx Invest (3.21%), iShares Russell 2000 ETF (2.65%), Vanguard Information Technology ETF (2.50%), Vanguard Small Cap Index (2.32%).
What is Badger Meter's short interest?
4.6M shares of Badger Meter were sold short, 23.08% of the float; at the average daily volume it would take 12.29 days to cover.
Are insiders buying or selling Badger Meter?
Of the latest 11 reported insider transactions in Badger Meter (since February 9, 2026), 7 were purchases and 4 were sales.
How many shares of Badger Meter are outstanding?
Badger Meter has 29.0M shares outstanding, of which 28.8M are in the public float.