Badger Meter
BMI
450 hedge funds and large institutions have $4.9B invested in Badger Meter in 2024 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 146 increasing their positions, 174 reducing their positions, and 30 closing their positions.
133% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 30
37% more call options, than puts
Call options by funds: $7.86M | Put options by funds: $5.74M
15% more capital invested
Capital invested by funds: $4.25B → $4.9B (+$647M)
8% more funds holding
Funds holding: 416 → 450 (+34)
0.25% less ownership
Funds ownership: 89.72% → 89.47% (-0.25%)
16% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 174
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHC
Bowen Hanes & Co
Ponte Vedra Beach,
Florida
|
+$33.2M |
| 2 |
D.E. Shaw & Co
New York
|
+$27.7M |
| 3 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$11.3M |
| 4 |
Jane Street
New York
|
+$10.7M |
| 5 |
Morgan Stanley
New York
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$57.2M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
-$31.8M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$24.2M |
| 4 |
BlackRock
New York
|
-$19.7M |
| 5 |
JP Morgan Chase
New York
|
-$13.5M |
BMI Hedge Fund Activity: Q2 2024 in Review
450 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Badger Meter (BMI) for Q2 2024, worth a combined $4.9B — up 15% from $4.25B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new BMI positions and 30 closed out — a net gain of 40 holders — while 146 added to existing stakes and 174 trimmed.
The largest buyer was Bowen Hanes & Co, opening a new position worth an estimated $33.2M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $57.2M.
- 450 institutional investors held Badger Meter (BMI) as of Q2 2024, up from 416 in Q1 2024.
- Funds reported $4.9B of Badger Meter stock for Q2 2024, up 15% quarter-over-quarter.
- 70 funds opened new Badger Meter positions in Q2 2024 and 30 closed out, a net change of +40 holders.
- The largest Badger Meter buyer in Q2 2024 was Bowen Hanes & Co, an estimated $33.2M added.
- The largest Badger Meter seller in Q2 2024 was Kayne Anderson Rudnick Investment Management, an estimated $57.2M sold.
Based on aggregated 13F filings for Q2 2024.