Montanaro Asset Management’s Badger Meter BMI Stock Holding History

Montanaro Asset Management’s Portfolio BMI Stock Details BMI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$1.53M	Buy	10,300 +3,000	+41%	+$393K	0.48%	42
2026 Q1	$1.11M	Sell	7,300 -4,700	-39%	-$738K	0.33%	40
2025 Q4	$2.09M	Hold	12,000	–	–	0.58%	35
2025 Q3	$2.14M	Sell	12,000 -5,600	-32%	-$1.1M	0.54%	39
2025 Q2	$4.31M	Sell	17,600 -2,900	-14%	-$657K	1.11%	31
2025 Q1	$3.9M	Sell	20,500 -32,950	-62%	-$6.88M	1.14%	32
2024 Q4	$11.3M	Sell	53,450 -14,600	-21%	-$3.18M	2.34%	19
2024 Q3	$14.9M	Sell	68,050 -1,000	-1%	-$200K	2.65%	16
2024 Q2	$12.9M	Sell	69,050 -1,500	-2%	-$274K	2.4%	22
2024 Q1	$11.4M	Buy	70,550 +1,550	+2%	+$238K	2.06%	23
2023 Q4	$10.7M	Sell	69,000 -44,000	-39%	-$6.41M	2%	25
2023 Q3	$16.3M	Hold	113,000	–	–	2.86%	15
2023 Q2	$16.7M	Buy	113,000 +7,500	+7%	+$1.03M	2.64%	20
2023 Q1	$12.9M	Sell	105,500 -10,000	-9%	-$1.17M	2%	22
2022 Q4	$12.6M	Sell	115,500 -40,500	-26%	-$4.4M	2.05%	22
2022 Q3	$14.4M	Sell	156,000 -9,000	-5%	-$835K	2.21%	24
2022 Q2	$13.3M	Hold	165,000	–	–	2.01%	23
2022 Q1	$16.5M	Sell	165,000 -10,000	-6%	-$980K	2.03%	22
2021 Q4	$18.6M	Buy	175,000 +33,500	+24%	+$3.53M	1.88%	20
2021 Q3	$14.3M	Sell	141,500 -14,000	-9%	-$1.43M	1.73%	23
2021 Q2	$15.3M	Hold	155,500	–	–	1.92%	22
2021 Q1	$14.5M	Sell	155,500 -50,500	-25%	-$5.09M	2.13%	20
2020 Q4	$19.4M	Buy	+206,000	New	+$16.5M	3.27%	15

Other funds holding BMI

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Impax Asset Management Group London, United Kingdom $15.4B AUM 26.43% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $170B AUM 46.21% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

BTW

Boston Trust Walden Boston, Massachusetts $13.1B AUM 24.63% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Montanaro Asset Management's BMI Position: Q2 2026 in Review

Montanaro Asset Management increased its Badger Meter (BMI) stake by 41% in Q2 2026, buying an estimated $393K and bringing the position to 10,300 shares worth $1.53M. The position accounts for 0.48% of the portfolio, ranked #42.

Montanaro Asset Management first reported a position in BMI in Q4 2020 and has held it in 23 quarters since. The position peaked at $19.4M in Q4 2020. 480 funds tracked by Wall St. Rank hold BMI as of Q2 2026.

Montanaro Asset Management held 10,300 shares of Badger Meter worth $1.53M as of Q2 2026.
Montanaro Asset Management bought 3,000 Badger Meter shares in Q2 2026, an estimated $393K.
Badger Meter made up 0.48% of Montanaro Asset Management's portfolio in Q2 2026, its #42 holding.
Montanaro Asset Management first reported a position in Badger Meter in Q4 2020 and has held it in 23 quarters since.
Montanaro Asset Management's Badger Meter position peaked at $19.4M in Q4 2020.
480 funds tracked by Wall St. Rank held Badger Meter as of Q2 2026.

Based on Montanaro Asset Management's 13F filing for Q2 2026, filed 12 Aug 2026.