Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

BADGER METER INC (BMI)

461 + Investors. Track Smart Money conviction in BMI. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
1Q ▲
Buyers last Q
53%

Smart Money Signals — BMI

Based on 454 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added BMI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
454 funds currently hold this stock — 92% of the 3.0-year high of 496 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding BMI is almost the same as a year ago (-6 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 53% buying

239 buying212 selling
Last quarter: 239 funds bought or added vs 212 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter
Funds opening a new BMI position: 72 → 78 → 52 → 62. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

59% conviction (2yr+) 23% medium 18% new
269 out of 454 hedge funds have held BMI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

63 → 72 → 78 → 52 → 62 new funds/Q
New funds entering each quarter: 72 → 78 → 52 → 62. BMI is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 62% of holders stayed 2+ years

62% veterans 12% 1-2yr 25% new
Of 461 current holders: 288 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
41 of 454 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in BMI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: BMI

How many hedge funds hold BMI — quarterly history vs. share price
Quarterly hedge fund ownership of BMI vs. share price

Market Analysis: BMI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BMI

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

59 top-rated funds 0 high-conviction
Consensus
7.7
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: BMI
2026 Q1 Stats Unlock in 12 days 461 + Investors

Track Smart Money conviction in BMI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 461 453 1.77%
13F Shares 29M 28M 2.74%
Total Value $4.93B $4.92B 0.25%
New Positions 62 54 +8
Increased Positions 181 172 +9
Closed Positions 54 105 -51
Reduced Positions 176 186 -10
Total Calls 5 6 -16.67%
Total Puts 2 5 -60.0%
PUT/CALL Ratio 0.4 0.83 Bullish

Statistics: BMI

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Valuation Measures Data as of: --

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

461 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BMI. Verified SEC 13F-HR filings.

Top 25 institutional holders of BMI — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 DUDLEY & SHANLEY, INC. 3.04% 122,150 $18.6M
2 Palisades Investment Partners, LLC 2.12% 35,562 $5.4M
3 Farrow Financial, Inc. 1.43% 16,532 $2.5M
4 Regency Capital Management Inc.\DE 1.35% 19,818 $3.0M
5 Belpointe Asset Management LLC 1.00% 178,960 $27.3M
6 Triodos Investment Management BV 0.75% 65,000 $9.9M
7 Kiker Wealth Management, LLC 0.68% 9,287 $1.4M
8 Boston Trust Walden Corp 0.66% 530,169 $80.8M
9 Plus Group Wealth Advisors LLC 0.62% 3,694 $563K
10 Values First Advisors, Inc. 0.57% 7,216 $1.1M
11 Granite Investment Partners, LLC 0.57% 61,060 $9.3M
12 OLD SECOND NATIONAL BANK OF AURORA 0.54% 17,173 $2.6M
13 Robeco Schweiz AG 0.46% 141,393 $21.5M
14 EULAV Asset Management 0.44% 91,200 $13.9M
15 Cardinal Capital Management 0.41% 20,652 $3.1M
16 Conestoga Capital Advisors, LLC 0.37% 122,658 $18.7M
17 Putney Financial Group LLC 0.33% 2,180 $332K
18 VIKING FUND MANAGEMENT LLC 0.31% 20,000 $3.0M
19 River Street Advisors LLC 0.31% 6,040 $920K
20 PPS&V ASSET MANAGEMENT CONSULTANTS, INC. 0.30% 3,200 $488K
21 Norway Savings Bank 0.26% 3,544 $540K
22 Navigation Group, LLC 0.22% 6,114 $931K
23 Yorktown Management & Research Co Inc 0.21% 1,650 $251K
24 BRIDGES INVESTMENT MANAGEMENT INC 0.20% 97,405 $14.8M
25 Linden Thomas Advisory Services, LLC 0.19% 12,961 $2.0M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — BADGER METER INC (BMI)

What does the Smart Money Trend signal show for BMI?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added BMI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BMI?

Slight buying edge — 53% buying: Last quarter: 239 funds bought or added vs 212 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BMI holders?

Elite ownership — 47% AUM from top-100 funds: 41 of 454 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in BMI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BMI?

59% of holders stayed for 2+ years: 269 out of 454 hedge funds have held BMI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.