Badger Meter
496 hedge funds and large institutions have $5.33B invested in Badger Meter in 2025 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 181 increasing their positions, 161 reducing their positions, and 59 closing their positions.
24% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 59
12% more repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 161
3.56% more ownership
Funds ownership: 91.75% → 95.31% (+3.6%)
1% more funds holding
Funds holding: 489 → 496 (+7)
7% more call options, than puts
Call options by funds: $6.24M | Put options by funds: $5.82M
7% less capital invested
Capital invested by funds: $5.72B → $5.33B (-$392M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
+$71.8M |
| 2 |
Neuberger Berman Group
New York
|
+$57.5M |
| 3 |
Squarepoint
New York
|
+$30.5M |
| 4 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$29.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$40.9M |
| 2 |
KBC Group
Brussels,
Belgium
|
-$29.9M |
| 3 |
State Street
Boston,
Massachusetts
|
-$29.8M |
| 4 |
BlackRock
New York
|
-$27.5M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$23.5M |
BMI Hedge Fund Activity: Q1 2025 in Review
496 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Badger Meter (BMI) for Q1 2025, worth a combined $5.33B — down 6.8% from $5.72B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new BMI positions and 59 closed out — a net gain of 14 holders — while 181 added to existing stakes and 161 trimmed.
The largest buyer was Westfield Capital Management, opening a new position worth an estimated $71.8M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $40.9M sold.
- 496 institutional investors held Badger Meter (BMI) as of Q1 2025, up from 489 in Q4 2024.
- Funds reported $5.33B of Badger Meter stock for Q1 2025, down 6.8% quarter-over-quarter.
- 73 funds opened new Badger Meter positions in Q1 2025 and 59 closed out, a net change of +14 holders.
- The largest Badger Meter buyer in Q1 2025 was Westfield Capital Management, an estimated $71.8M added.
- The largest Badger Meter seller in Q1 2025 was Driehaus Capital Management, an estimated $40.9M sold.
Based on aggregated 13F filings for Q1 2025.