BADGER METER INC

Ticker: BMI CUSIP: 056525108 Class: EQTY

CAPSTONE INVESTMENT ADVISORS, LLC's Holding History (CIK: 0001426196)

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

Q3 2025

Shares 2,466 Value ($000) $440 Avg Close $195.98 Range $170.39 - $248.42

Q2 2025

Shares 1,063 Value ($000) $260 Avg Close $225.32 Range $161.21 - $254.91

Q4 2023

Shares 1,504 Value ($000) $232 Avg Close $143.50 Range $131.97 - $156.28

Q3 2023

Shares 2,588 Value ($000) $372 Avg Close $155.35 Range $136.32 - $167.91

Q2 2023

Shares 2,276 Value ($000) $336 Avg Close $135.17 Range $115.31 - $153.46

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	2,466	$440	$195.98	$170.39 - $248.42
Q2 2025	1,063	$260	$225.32	$161.21 - $254.91
Q4 2023	1,504	$232	$143.50	$131.97 - $156.28
Q3 2023	2,588	$372	$155.35	$136.32 - $167.91
Q2 2023	2,276	$336	$135.17	$115.31 - $153.46