Badger Meter
BMI
355 hedge funds and large institutions have $3.82B invested in Badger Meter in 2023 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 111 increasing their positions, 129 reducing their positions, and 25 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
140% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 25
92% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $753K
22% more capital invested
Capital invested by funds: $3.13B → $3.82B (+$692M)
11% more funds holding
Funds holding: 321 → 355 (+34)
1.02% more ownership
Funds ownership: 87.49% → 88.51% (+1%)
14% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 129
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$13.4M |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$13.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.8M |
| 4 |
Man Group
London,
United Kingdom
|
+$10.7M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$31.5M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
-$16.9M |
| 3 |
BlackRock
New York
|
-$12.8M |
| 4 |
Rockefeller Capital Management
New York
|
-$7M |
| 5 |
Renaissance Technologies
New York
|
-$6.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VNA
376
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$3K | -25 | Closed |
|
|
VFA
377
Values First Advisors
Gray,
Tennessee
| – | -$2.84K | -23 | Closed |
|
|
SFG
378
Steward Financial Group
Colleyville,
Texas
| – | -$2K | -20 | Closed |
|
|
SC
379
Schubert & Co
Mckinney,
Texas
| – | -$1.95K | -16 | Closed |
|
380
Comerica Bank
Dallas,
Texas
| – | +$1.46M | +10,610 | New |
|
BMI Hedge Fund Activity: Q2 2023 in Review
355 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Badger Meter (BMI) for Q2 2023, worth a combined $3.82B — up 22% from $3.13B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new BMI positions and 25 closed out — a net gain of 35 holders — while 111 added to existing stakes and 129 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $13.4M. The largest seller was State Street, cutting an estimated $31.5M.
- 355 institutional investors held Badger Meter (BMI) as of Q2 2023, up from 321 in Q1 2023.
- Funds reported $3.82B of Badger Meter stock for Q2 2023, up 22% quarter-over-quarter.
- 60 funds opened new Badger Meter positions in Q2 2023 and 25 closed out, a net change of +35 holders.
- The largest Badger Meter buyer in Q2 2023 was Millennium Management, an estimated $13.4M added.
- The largest Badger Meter seller in Q2 2023 was State Street, an estimated $31.5M sold.
Based on aggregated 13F filings for Q2 2023.