BADGER METER INC

Ticker: BMI CUSIP: 056525108 Class: EQTY

Swiss National Bank's Holding History (CIK: 0001582202)

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

Q4 2025

Shares 58,200 Value ($000) $10,151 Avg Close $179.79 Range $166.62 - $203.51

Q3 2025

Shares 57,100 Value ($000) $10,197 Avg Close $195.98 Range $170.39 - $248.42

Q2 2025

Shares 56,200 Value ($000) $13,766 Avg Close $225.32 Range $161.21 - $254.91

Q1 2025

Shares 57,000 Value ($000) $10,844 Avg Close $207.21 Range $186.02 - $220.32

Q4 2024

Shares 57,800 Value ($000) $12,261 Avg Close $215.93 Range $191.24 - $237.30

Q3 2024

Shares 57,400 Value ($000) $12,537 Avg Close $198.39 Range $179.05 - $218.24

Q2 2024

Shares 57,800 Value ($000) $10,771 Avg Close $180.48 Range $149.35 - $200.63

Q1 2024

Shares 57,800 Value ($000) $9,353 Avg Close $151.60 Range $137.57 - $162.82

Q4 2023

Shares 57,800 Value ($000) $8,923 Avg Close $143.50 Range $131.97 - $156.28

Q3 2023

Shares 64,500 Value ($000) $9,280 Avg Close $155.35 Range $136.32 - $167.91

Q2 2023

Shares 63,800 Value ($000) $9,414 Avg Close $135.17 Range $115.31 - $153.46

Q1 2023

Shares 63,100 Value ($000) $7,687 Avg Close $114.59 Range $101.78 - $122.01

Q4 2022

Shares 70,600 Value ($000) $7,698 Avg Close $106.24 Range $86.17 - $118.04

Q3 2022

Shares 69,400 Value ($000) $6,412 Avg Close $90.56 Range $74.97 - $100.73

Q2 2022

Shares 69,200 Value ($000) $5,598 Avg Close $80.46 Range $71.38 - $99.86

Q1 2022

Shares 69,200 Value ($000) $6,900 Avg Close $95.17 Range $83.04 - $105.56

Q4 2021

Shares 64,500 Value ($000) $6,873 Avg Close $102.11 Range $96.04 - $109.06

Q3 2021

Shares 64,500 Value ($000) $6,524 Avg Close $98.92 Range $90.78 - $104.88

Q2 2021

Shares 64,200 Value ($000) $6,299 Avg Close $91.27 Range $86.18 - $96.71

Q1 2021

Shares 66,600 Value ($000) $6,198 Avg Close $97.10 Range $85.74 - $107.88

Q4 2020

Shares 66,000 Value ($000) $6,208 Avg Close $76.86 Range $62.46 - $92.51

Q3 2020

Shares 66,000 Value ($000) $4,314 Avg Close $61.29 Range $57.07 - $65.43

Q2 2020

Shares 64,900 Value ($000) $4,084 Avg Close $56.81 Range $44.94 - $65.20

Q1 2020

Shares 56,500 Value ($000) $3,028 Avg Close $58.14 Range $39.68 - $67.55

Q4 2019

Shares 55,700 Value ($000) $3,617 Avg Close $56.49 Range $48.19 - $63.55

Q3 2019

Shares 54,600 Value ($000) $2,932 Avg Close $51.19 Range $47.07 - $57.37

Q2 2019

Shares 54,200 Value ($000) $3,235 Avg Close $52.44 Range $48.74 - $57.18

Q1 2019

Shares 53,100 Value ($000) $2,954 Avg Close $52.46 Range $44.87 - $58.05

Q4 2018

Shares 51,500 Value ($000) $2,534 Avg Close $48.19 Range $44.03 - $53.86

Q3 2018

Shares 50,500 Value ($000) $2,674 Avg Close $48.82 Range $41.35 - $53.03

Q2 2018

Shares 50,500 Value ($000) $2,257 Avg Close $41.42 Range $38.33 - $44.31

Q1 2018

Shares 50,500 Value ($000) $2,381 Avg Close $45.15 Range $42.38 - $47.60

Q4 2017

Shares 49,600 Value ($000) $2,371 Avg Close $43.15 Range $39.05 - $48.44

Q3 2017

Shares 47,900 Value ($000) $2,347 Avg Close $41.26 Range $36.25 - $45.98

Q2 2017

Shares 47,900 Value ($000) $1,909 Avg Close $35.90 Range $32.59 - $38.55

Q1 2017

Shares 47,900 Value ($000) $1,760 Avg Close $33.94 Range $31.79 - $36.72

Q4 2016

Shares 47,900 Value ($000) $1,770 Avg Close $32.11 Range $26.91 - $36.08

Q3 2016

Shares 46,000 Value ($000) $1,541 Avg Close $31.66 Range $29.30 - $34.60

Q2 2016

Shares 23,900 Value ($000) $1,745 Avg Close $32.67 Range $28.96 - $35.93

Q1 2016

Shares 23,400 Value ($000) $1,502 Avg Close $28.14 Range $24.03 - $31.71

Q4 2015

Shares 19,000 Value ($000) $1,113 Avg Close $27.06 Range $25.07 - $28.21

Q3 2015

Shares 19,000 Value ($000) $1,103 Avg Close $26.82 Range $23.34 - $29.11

Q2 2015

Shares 16,500 Value ($000) $1,048 Avg Close $28.46 Range $26.44 - $29.77

Q1 2015

Shares 15,400 Value ($000) $923 Avg Close $26.24 Range $24.58 - $27.59

Q4 2014

Shares 15,400 Value ($000) $914 Avg Close $24.57 Range $21.25 - $27.36

Q3 2014

Shares 15,400 Value ($000) $777 Avg Close $22.93 Range $21.11 - $24.24

Q2 2014

Shares 15,400 Value ($000) $811 Avg Close $22.79 Range $20.66 - $25.32

Q1 2014

Shares 15,400 Value ($000) $849 Avg Close $23.48 Range $21.22 - $24.91

Q4 2013

Shares 12,000 Value ($000) $654 Avg Close $22.96 Range $19.78 - $24.97

Q3 2013

Shares 12,000 Value ($000) $558 Avg Close $20.70 Range $19.33 - $21.97

Q2 2013

Shares 12,600 Value ($000) $561 Avg Close $20.08 Range $18.35 - $23.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	58,200	$10,151	$179.79	$166.62 - $203.51
Q3 2025	57,100	$10,197	$195.98	$170.39 - $248.42
Q2 2025	56,200	$13,766	$225.32	$161.21 - $254.91
Q1 2025	57,000	$10,844	$207.21	$186.02 - $220.32
Q4 2024	57,800	$12,261	$215.93	$191.24 - $237.30
Q3 2024	57,400	$12,537	$198.39	$179.05 - $218.24
Q2 2024	57,800	$10,771	$180.48	$149.35 - $200.63
Q1 2024	57,800	$9,353	$151.60	$137.57 - $162.82
Q4 2023	57,800	$8,923	$143.50	$131.97 - $156.28
Q3 2023	64,500	$9,280	$155.35	$136.32 - $167.91
Q2 2023	63,800	$9,414	$135.17	$115.31 - $153.46
Q1 2023	63,100	$7,687	$114.59	$101.78 - $122.01
Q4 2022	70,600	$7,698	$106.24	$86.17 - $118.04
Q3 2022	69,400	$6,412	$90.56	$74.97 - $100.73
Q2 2022	69,200	$5,598	$80.46	$71.38 - $99.86
Q1 2022	69,200	$6,900	$95.17	$83.04 - $105.56
Q4 2021	64,500	$6,873	$102.11	$96.04 - $109.06
Q3 2021	64,500	$6,524	$98.92	$90.78 - $104.88
Q2 2021	64,200	$6,299	$91.27	$86.18 - $96.71
Q1 2021	66,600	$6,198	$97.10	$85.74 - $107.88
Q4 2020	66,000	$6,208	$76.86	$62.46 - $92.51
Q3 2020	66,000	$4,314	$61.29	$57.07 - $65.43
Q2 2020	64,900	$4,084	$56.81	$44.94 - $65.20
Q1 2020	56,500	$3,028	$58.14	$39.68 - $67.55
Q4 2019	55,700	$3,617	$56.49	$48.19 - $63.55
Q3 2019	54,600	$2,932	$51.19	$47.07 - $57.37
Q2 2019	54,200	$3,235	$52.44	$48.74 - $57.18
Q1 2019	53,100	$2,954	$52.46	$44.87 - $58.05
Q4 2018	51,500	$2,534	$48.19	$44.03 - $53.86
Q3 2018	50,500	$2,674	$48.82	$41.35 - $53.03
Q2 2018	50,500	$2,257	$41.42	$38.33 - $44.31
Q1 2018	50,500	$2,381	$45.15	$42.38 - $47.60
Q4 2017	49,600	$2,371	$43.15	$39.05 - $48.44
Q3 2017	47,900	$2,347	$41.26	$36.25 - $45.98
Q2 2017	47,900	$1,909	$35.90	$32.59 - $38.55
Q1 2017	47,900	$1,760	$33.94	$31.79 - $36.72
Q4 2016	47,900	$1,770	$32.11	$26.91 - $36.08
Q3 2016	46,000	$1,541	$31.66	$29.30 - $34.60
Q2 2016	23,900	$1,745	$32.67	$28.96 - $35.93
Q1 2016	23,400	$1,502	$28.14	$24.03 - $31.71
Q4 2015	19,000	$1,113	$27.06	$25.07 - $28.21
Q3 2015	19,000	$1,103	$26.82	$23.34 - $29.11
Q2 2015	16,500	$1,048	$28.46	$26.44 - $29.77
Q1 2015	15,400	$923	$26.24	$24.58 - $27.59
Q4 2014	15,400	$914	$24.57	$21.25 - $27.36
Q3 2014	15,400	$777	$22.93	$21.11 - $24.24
Q2 2014	15,400	$811	$22.79	$20.66 - $25.32
Q1 2014	15,400	$849	$23.48	$21.22 - $24.91
Q4 2013	12,000	$654	$22.96	$19.78 - $24.97
Q3 2013	12,000	$558	$20.70	$19.33 - $21.97
Q2 2013	12,600	$561	$20.08	$18.35 - $23.78