Badger Meter
163 hedge funds and large institutions have $766M invested in Badger Meter in 2016 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 61 increasing their positions, 36 reducing their positions, and 19 closing their positions.
315% more call options, than puts
Call options by funds: $2.19M | Put options by funds: $527K
69% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 36
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
2% more funds holding
Funds holding: 160 → 163 (+3)
10% less capital invested
Capital invested by funds: $851M → $766M (-$85.8M)
81.76% less ownership
Funds ownership: 160.65% → 78.89% (-82%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$14.1M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$8.41M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$6.37M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$5.33M |
| 5 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$5.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$53.9M |
| 2 |
Neuberger Berman Group
New York
|
-$26.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.27M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$953K |
| 5 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$812K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
176
Profund Advisors
Bethesda,
Maryland
| – | -$200K | -5,486 | Closed |
|
177
Teacher Retirement System of Texas
Austin,
Texas
| – | -$148K | -4,054 | Closed |
|
|
TRCT
178
Tower Research Capital (TRC)
New York
| – | -$59K | -1,616 | Closed |
|
|
PCM
179
Prelude Capital Management
New York
| – | -$18K | -504 | Closed |
|
180
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$17K | -480 | Closed |
|
|
WTB
181
Washington Trust Bank
Spokane,
Washington
| – | -$3K | -74 | Closed |
|
|
QCG
182
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -32 | Closed |
|
BMI Hedge Fund Activity: Q3 2016 in Review
163 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Badger Meter (BMI) for Q3 2016, worth a combined $766M — down 10% from $851M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BMI positions and 19 closed out — a net gain of 4 holders — while 61 added to existing stakes and 36 trimmed.
The largest buyer was Wells Fargo, adding an estimated $14.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $53.9M.
- 163 institutional investors held Badger Meter (BMI) as of Q3 2016, up from 160 in Q2 2016.
- Funds reported $766M of Badger Meter stock for Q3 2016, down 10% quarter-over-quarter.
- 23 funds opened new Badger Meter positions in Q3 2016 and 19 closed out, a net change of +4 holders.
- The largest Badger Meter buyer in Q3 2016 was Wells Fargo, an estimated $14.1M added.
- The largest Badger Meter seller in Q3 2016 was T. Rowe Price Associates, an estimated $53.9M sold.
Based on aggregated 13F filings for Q3 2016.