Free · no sign-up · Q2 2026

Which funds own BMI

Badger Meter Inc in the Q2 2026 filings. At least 1 of the 91 current managers on file reported a position, worth $14m between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 6 managers trimmed or sold out against 0 buying.

Managers holding: 1; at least, of 91 current
Combined value: $14m; as reported
Opened: 0; new this quarter
Added to: 0; already held
Trimmed or sold out: 6; 5 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
GAMCO Investors Inc Activist · $11.1bn book	$14m	0.1%	96,725	-$700k-2,000	Trimmed

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Renaissance Technologies LLC · Quantitative$30m held before
Millennium Management LLC · Multi-strategy$19m held before
Voloridge Investment Management LLC · Quantitative$17m held before
Squarepoint Ops LLC · Multi-strategy$12m held before
Caxton Associates LLP · Macro$4.8m held before

Ownership through time

At least 4 of the 95 managers whose filings are on file listed BMI in Q2 2026, against 2 in Q2 2013. 4 managers fewer than in Q1 2026: 1 sold out, by its own filing; 3 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

No manager on file started a position.

Largest increases, by shares

Neuberger Berman Group LLC346,720 to 499,519 shares+$23m
Holocene Advisors LP24,140 to 53,870 shares+$4.4m

Largest decreases, by shares

Marshall Wace LLP506,690 to 312,146 shares-$29m
GAMCO Investors Inc98,725 to 96,725 shares-$297k

Left it

Caxton Associates LLPwas $4.8m

Manager	First listed	Largest	Q2 2026
Neuberger Berman Group LLC	Q2 2013	$91m	$74m
Marshall Wace LLP	Q3 2019	$77m	$46m
GAMCO Investors Inc	Q2 2013	$23m	$14m
Holocene Advisors LP	Q2 2018	$8.0m	$8.0m
T. Rowe Price Associates Inc	Q1 2016	$134m	last listed Q2 2016
Renaissance Technologies LLC	Q1 2025	$41m	last listed Q1 2026
Squarepoint Ops LLC	Q1 2025	$41m	last listed Q1 2025
Voloridge Investment Management LLC	Q4 2019	$28m	last listed Q1 2026
Arrowstreet Capital LP	Q4 2019	$28m	last listed Q1 2025
Tudor Investment Corp	Q2 2020	$23m	last listed Q1 2026
Man Group PLC	Q1 2021	$18m	last listed Q1 2022
Acadian Asset Management LLC	Q1 2023	$15m	last listed Q4 2024
Capital World Investors	Q2 2025	$13m	last listed Q2 2025
Woodline Partners LP	Q3 2024	$9.4m	last listed Q3 2024

What BMI is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around BMI →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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The holdings, every quarter, and the week between

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