Terry Smith’s Badger Meter BMI Stock Holding History

Terry Smith’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	$25.9M	Buy	174,627 +32,136	+23%	+$4.21M	0.19%	28
2026 Q1	$21.7M	Buy	+142,491	New	+$22.4M	0.17%	26

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

Terry Smith's BMI Position: Q2 2026 in Review

Terry Smith increased its Badger Meter (BMI) stake by 23% in Q2 2026, buying an estimated $4.21M and bringing the position to 174,627 shares worth $25.9M. The position accounts for 0.19% of the portfolio, ranked #28.

Terry Smith first reported a position in BMI in Q1 2026 and has held it in 2 quarters since. 476 funds tracked by Wall St. Rank hold BMI as of Q2 2026.

Terry Smith held 174,627 shares of Badger Meter worth $25.9M as of Q2 2026.
Terry Smith bought 32,136 Badger Meter shares in Q2 2026, an estimated $4.21M.
Badger Meter made up 0.19% of Terry Smith's portfolio in Q2 2026, its #28 holding.
Terry Smith first reported a position in Badger Meter in Q1 2026 and has held it in 2 quarters since.
476 funds tracked by Wall St. Rank held Badger Meter as of Q2 2026.

Based on Fundsmith LLP's 13F filing for Q2 2026, filed 14 Aug 2026.