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Badger Meter Inc (BMI)

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Institutional Investors' Holdings

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No.	Name	Shares	Value	% Port
1.	Blackrock, Inc.	5,291,556	$1,006,718,493	0.02%
2.	Vanguard Group Inc	3,796,229	$722,232,568	0.01%
3.	Goldman Sachs Group Inc	456,899	$86,925,083	0.01%
4.	Congress Asset Management Co	398,588	$75,831,377	0.57%
5.	Schwab Charles Investment Management Inc	344,786	$65,595,537	0.01%