Sit Investment Associates’s Reaves Utility Income Fund UTG Stock Holding History

Sit Investment Associates’s Portfolio UTG Stock Details UTG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-422,494	Closed	-$12.2M	–	566
2018 Q2	$12.2M	Sell	422,494 -1,006,984	-70%	-$28.4M	0.31%	103
2018 Q1	$40.4M	Sell	1,429,478 -757,521	-35%	-$22M	1%	17
2017 Q4	$67.7M	Buy	+2,186,999	New	+$68M	1.61%	4
2016 Q2	–	Sell	-247,494	Closed	-$7.42M	–	475
2016 Q1	$7.42M	Sell	247,494 -848,199	-77%	-$23.3M	0.14%	137
2015 Q4	$28.5M	Buy	+1,095,693	New	+$30.2M	0.53%	75

Other funds holding UTG

YCM

Yakira Capital Management Westport, Connecticut $342M AUM 26.97% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

PAIM

Punch & Associates Investment Management Edina, Minnesota $1.73B AUM 27.65% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

Stifel Financial St. Louis, Missouri $109B AUM 21.36% 1-Year Est. Return

Sit Investment Associates's UTG Position: Q3 2018 in Review

Sit Investment Associates sold out of Reaves Utility Income Fund (UTG) in Q3 2018, closing a stake of 422,494 shares — an estimated $12.2M sold.

Sit Investment Associates first reported a position in UTG in Q4 2015 and held it in 5 quarters. The position peaked at $67.7M in Q4 2017. 96 funds tracked by Wall St. Rank hold UTG as of Q3 2018.

Sit Investment Associates reported no remaining Reaves Utility Income Fund position as of Q3 2018 after selling out during the quarter.
Sit Investment Associates sold 422,494 Reaves Utility Income Fund shares in Q3 2018, an estimated $12.2M.
Sit Investment Associates first reported a position in Reaves Utility Income Fund in Q4 2015 and held it in 5 quarters.
Sit Investment Associates's Reaves Utility Income Fund position peaked at $67.7M in Q4 2017.
96 funds tracked by Wall St. Rank held Reaves Utility Income Fund as of Q3 2018.

Based on Sit Investment Associates's 13F filing for Q3 2018, filed 14 Nov 2018.