BADGER METER INC

Ticker: BMI CUSIP: 056525108 Class: EQTY

DEUTSCHE BANK AG\'s Holding History (CIK: 0000948046)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 62,737 Value ($000) $10,942 Avg Close $179.79 Range $166.62 - $203.51

Q3 2025

Shares 46,247 Value ($000) $8,259 Avg Close $195.98 Range $170.39 - $248.42

Q2 2025

Shares 62,036 Value ($000) $15,196 Avg Close $225.32 Range $161.21 - $254.91

Q1 2025

Shares 81,023 Value ($000) $15,415 Avg Close $207.21 Range $186.02 - $220.32

Q4 2024

Shares 82,636 Value ($000) $17,529 Avg Close $215.93 Range $191.24 - $237.30

Q3 2024

Shares 53,472 Value ($000) $11,679 Avg Close $198.39 Range $179.05 - $218.24

Q2 2024

Shares 71,493 Value ($000) $13,323 Avg Close $180.48 Range $149.35 - $200.63

Q1 2024

Shares 81,695 Value ($000) $13,219 Avg Close $151.60 Range $137.57 - $162.82

Q4 2023

Shares 54,214 Value ($000) $8,369 Avg Close $143.50 Range $131.97 - $156.28

Q3 2023

Shares 55,269 Value ($000) $7,952 Avg Close $155.35 Range $136.32 - $167.91

Q2 2023

Shares 65,428 Value ($000) $9,655 Avg Close $135.17 Range $115.31 - $153.46

Q1 2023

Shares 76,605 Value ($000) $9,332 Avg Close $114.59 Range $101.78 - $122.01

Q4 2022

Shares 84,892 Value ($000) $9,256 Avg Close $106.24 Range $86.17 - $118.04

Q3 2022

Shares 66,155 Value ($000) $6,113 Avg Close $90.56 Range $74.97 - $100.73

Q2 2022

Shares 65,085 Value ($000) $5,265 Avg Close $80.46 Range $71.38 - $99.86

Q1 2022

Shares 71,673 Value ($000) $7,147 Avg Close $95.17 Range $83.04 - $105.56

Q4 2021

Shares 73,775 Value ($000) $7,861 Avg Close $102.11 Range $96.04 - $109.06

Q3 2021

Shares 77,498 Value ($000) $7,838 Avg Close $98.92 Range $90.78 - $104.88

Q2 2021

Shares 83,793 Value ($000) $8,222 Avg Close $91.27 Range $86.18 - $96.71

Q1 2021

Shares 105,170 Value ($000) $9,789 Avg Close $97.10 Range $85.74 - $107.88

Q4 2020

Shares 105,296 Value ($000) $9,904 Avg Close $76.86 Range $62.46 - $92.51

Q3 2020

Shares 93,692 Value ($000) $6,125 Avg Close $61.29 Range $57.07 - $65.43

Q2 2020

Shares 79,912 Value ($000) $5,027 Avg Close $56.81 Range $44.94 - $65.20

Q1 2020

Shares 82,074 Value ($000) $4,400 Avg Close $58.14 Range $39.68 - $67.55

Q4 2019

Shares 101,832 Value ($000) $6,610 Avg Close $56.49 Range $48.19 - $63.55

Q3 2019

Shares 80,384 Value ($000) $4,313 Avg Close $51.19 Range $47.07 - $57.37

Q2 2019

Shares 91,696 Value ($000) $5,472 Avg Close $52.44 Range $48.74 - $57.18

Q1 2019

Shares 96,795 Value ($000) $5,382 Avg Close $52.46 Range $44.87 - $58.05

Q4 2018

Shares 95,202 Value ($000) $4,682 Avg Close $48.19 Range $44.03 - $53.86

Q3 2018

Shares 135,976 Value ($000) $7,198 Avg Close $48.82 Range $41.35 - $53.03

Q2 2018

Shares 123,416 Value ($000) $5,515 Avg Close $41.42 Range $38.33 - $44.31

Q1 2018

Shares 200,508 Value ($000) $9,452 Avg Close $45.15 Range $42.38 - $47.60

Q4 2017

Shares 179,700 Value ($000) $8,588 Avg Close $43.15 Range $39.05 - $48.44

Q3 2017

Shares 91,180 Value ($000) $4,466 Avg Close $41.26 Range $36.25 - $45.98

Q2 2017

Shares 82,042 Value ($000) $3,268 Avg Close $35.90 Range $32.59 - $38.55

Q1 2017

Shares 65,428 Value ($000) $2,404 Avg Close $33.94 Range $31.79 - $36.72

Q4 2016

Shares 133,579 Value ($000) $4,934 Avg Close $32.11 Range $26.91 - $36.08

Q3 2016

Shares 140,152 Value ($000) $4,695 Avg Close $31.66 Range $29.30 - $34.60

Q2 2016

Shares 35,819 Value ($000) $2,614 Avg Close $32.67 Range $28.96 - $35.93

Q1 2016

Shares 29,242 Value ($000) $1,943 Avg Close $28.14 Range $24.03 - $31.71

Q4 2015

Shares 29,574 Value ($000) $1,732 Avg Close $27.06 Range $25.07 - $28.21

Q3 2015

Shares 35,783 Value ($000) $2,076 Avg Close $26.82 Range $23.34 - $29.11

Q2 2015

Shares 29,283 Value ($000) $1,858 Avg Close $28.46 Range $26.44 - $29.77

Q1 2015

Shares 36,582 Value ($000) $2,192 Avg Close $26.24 Range $24.58 - $27.59

Q4 2014

Shares 39,430 Value ($000) $2,338 Avg Close $24.57 Range $21.25 - $27.36

Q3 2014

Shares 31,795 Value ($000) $1,603 Avg Close $22.93 Range $21.11 - $24.24

Q2 2014

Shares 23,530 Value ($000) $1,237 Avg Close $22.79 Range $20.66 - $25.32

Q1 2014

Shares 22,507 Value ($000) $1,239 Avg Close $23.48 Range $21.22 - $24.91

Q4 2013

Shares 18,364 Value ($000) $999 Avg Close $22.96 Range $19.78 - $24.97

Q3 2013

Shares 22,210 Value ($000) $1,031 Avg Close $20.70 Range $19.33 - $21.97

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	62,737	$10,942	$179.79	$166.62 - $203.51
Q3 2025	46,247	$8,259	$195.98	$170.39 - $248.42
Q2 2025	62,036	$15,196	$225.32	$161.21 - $254.91
Q1 2025	81,023	$15,415	$207.21	$186.02 - $220.32
Q4 2024	82,636	$17,529	$215.93	$191.24 - $237.30
Q3 2024	53,472	$11,679	$198.39	$179.05 - $218.24
Q2 2024	71,493	$13,323	$180.48	$149.35 - $200.63
Q1 2024	81,695	$13,219	$151.60	$137.57 - $162.82
Q4 2023	54,214	$8,369	$143.50	$131.97 - $156.28
Q3 2023	55,269	$7,952	$155.35	$136.32 - $167.91
Q2 2023	65,428	$9,655	$135.17	$115.31 - $153.46
Q1 2023	76,605	$9,332	$114.59	$101.78 - $122.01
Q4 2022	84,892	$9,256	$106.24	$86.17 - $118.04
Q3 2022	66,155	$6,113	$90.56	$74.97 - $100.73
Q2 2022	65,085	$5,265	$80.46	$71.38 - $99.86
Q1 2022	71,673	$7,147	$95.17	$83.04 - $105.56
Q4 2021	73,775	$7,861	$102.11	$96.04 - $109.06
Q3 2021	77,498	$7,838	$98.92	$90.78 - $104.88
Q2 2021	83,793	$8,222	$91.27	$86.18 - $96.71
Q1 2021	105,170	$9,789	$97.10	$85.74 - $107.88
Q4 2020	105,296	$9,904	$76.86	$62.46 - $92.51
Q3 2020	93,692	$6,125	$61.29	$57.07 - $65.43
Q2 2020	79,912	$5,027	$56.81	$44.94 - $65.20
Q1 2020	82,074	$4,400	$58.14	$39.68 - $67.55
Q4 2019	101,832	$6,610	$56.49	$48.19 - $63.55
Q3 2019	80,384	$4,313	$51.19	$47.07 - $57.37
Q2 2019	91,696	$5,472	$52.44	$48.74 - $57.18
Q1 2019	96,795	$5,382	$52.46	$44.87 - $58.05
Q4 2018	95,202	$4,682	$48.19	$44.03 - $53.86
Q3 2018	135,976	$7,198	$48.82	$41.35 - $53.03
Q2 2018	123,416	$5,515	$41.42	$38.33 - $44.31
Q1 2018	200,508	$9,452	$45.15	$42.38 - $47.60
Q4 2017	179,700	$8,588	$43.15	$39.05 - $48.44
Q3 2017	91,180	$4,466	$41.26	$36.25 - $45.98
Q2 2017	82,042	$3,268	$35.90	$32.59 - $38.55
Q1 2017	65,428	$2,404	$33.94	$31.79 - $36.72
Q4 2016	133,579	$4,934	$32.11	$26.91 - $36.08
Q3 2016	140,152	$4,695	$31.66	$29.30 - $34.60
Q2 2016	35,819	$2,614	$32.67	$28.96 - $35.93
Q1 2016	29,242	$1,943	$28.14	$24.03 - $31.71
Q4 2015	29,574	$1,732	$27.06	$25.07 - $28.21
Q3 2015	35,783	$2,076	$26.82	$23.34 - $29.11
Q2 2015	29,283	$1,858	$28.46	$26.44 - $29.77
Q1 2015	36,582	$2,192	$26.24	$24.58 - $27.59
Q4 2014	39,430	$2,338	$24.57	$21.25 - $27.36
Q3 2014	31,795	$1,603	$22.93	$21.11 - $24.24
Q2 2014	23,530	$1,237	$22.79	$20.66 - $25.32
Q1 2014	22,507	$1,239	$23.48	$21.22 - $24.91
Q4 2013	18,364	$999	$22.96	$19.78 - $24.97
Q3 2013	22,210	$1,031	$20.70	$19.33 - $21.97