BADGER METER INC

Ticker: BMI CUSIP: 056525108 Class: EQTY

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

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

Q4 2025

Shares 31,474 Value ($000) $5,489 Avg Close $179.79 Range $166.62 - $203.51

Q3 2025

Shares 25,807 Value ($000) $4,609 Avg Close $195.98 Range $170.39 - $248.42

Q2 2025

Shares 14,561 Value ($000) $3,567 Avg Close $225.32 Range $161.21 - $254.91

Q1 2025

Shares 25,181 Value ($000) $4,791 Avg Close $207.21 Range $186.02 - $220.32

Q2 2024

Shares 15,019 Value ($000) $2,799 Avg Close $180.48 Range $149.35 - $200.63

Q1 2024

Shares 21,909 Value ($000) $3,545 Avg Close $151.60 Range $137.57 - $162.82

Q4 2023

Shares 18,680 Value ($000) $2,884 Avg Close $143.50 Range $131.97 - $156.28

Q3 2023

Shares 10,610 Value ($000) $1,526 Avg Close $155.35 Range $136.32 - $167.91

Q4 2019

Shares 4,123 Value ($000) $268 Avg Close $56.49 Range $48.19 - $63.55

Q2 2019

Shares 5,300 Value ($000) $316 Avg Close $52.44 Range $48.74 - $57.18

Q2 2016

Shares 10,300 Value ($000) $752 Avg Close $32.67 Range $28.96 - $35.93

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	31,474	$5,489	$179.79	$166.62 - $203.51
Q3 2025	25,807	$4,609	$195.98	$170.39 - $248.42
Q2 2025	14,561	$3,567	$225.32	$161.21 - $254.91
Q1 2025	25,181	$4,791	$207.21	$186.02 - $220.32
Q2 2024	15,019	$2,799	$180.48	$149.35 - $200.63
Q1 2024	21,909	$3,545	$151.60	$137.57 - $162.82
Q4 2023	18,680	$2,884	$143.50	$131.97 - $156.28
Q3 2023	10,610	$1,526	$155.35	$136.32 - $167.91
Q4 2019	4,123	$268	$56.49	$48.19 - $63.55
Q2 2019	5,300	$316	$52.44	$48.74 - $57.18
Q2 2016	10,300	$752	$32.67	$28.96 - $35.93