Needham Investment Management’s Badger Meter BMI Stock Holding History

Needham Investment 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	$21.5M	Buy	145,000 +115,000	+383%	+$15M	0.65%	36
2026 Q1	$4.57M	Buy	30,000 +5,000	+20%	+$785K	0.23%	101
2025 Q4	$4.36M	Buy	25,000 +10,000	+67%	+$1.8M	0.28%	89
2025 Q3	$2.68M	Buy	15,000 +9,000	+150%	+$1.77M	0.19%	104
2025 Q2	$1.47M	Sell	6,000 -8,500	-59%	-$1.93M	0.12%	114
2025 Q1	$2.76M	Sell	14,500 -3,150	-18%	-$657K	0.26%	91
2024 Q4	$3.74M	Buy	17,650 +3,950	+29%	+$860K	0.29%	90
2024 Q3	$2.99M	Buy	13,700 +1,200	+10%	+$240K	0.23%	93
2024 Q2	$2.33M	Sell	12,500 -1,000	-7%	-$183K	0.19%	104
2024 Q1	$2.18M	Buy	+13,500	New	+$2.07M	0.2%	99

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

Needham Investment Management's BMI Position: Q2 2026 in Review

Needham Investment Management increased its Badger Meter (BMI) stake by 383% in Q2 2026, buying an estimated $15M and bringing the position to 145,000 shares worth $21.5M. The position accounts for 0.65% of the portfolio, ranked #36.

Needham Investment Management first reported a position in BMI in Q1 2024 and has held it in 10 quarters since. 479 funds tracked by Wall St. Rank hold BMI as of Q2 2026.

Needham Investment Management held 145,000 shares of Badger Meter worth $21.5M as of Q2 2026.
Needham Investment Management bought 115,000 Badger Meter shares in Q2 2026, an estimated $15M.
Badger Meter made up 0.65% of Needham Investment Management's portfolio in Q2 2026, its #36 holding.
Needham Investment Management first reported a position in Badger Meter in Q1 2024 and has held it in 10 quarters since.
479 funds tracked by Wall St. Rank held Badger Meter as of Q2 2026.

Based on Needham Investment Management's 13F filing for Q2 2026, filed 14 Aug 2026.