Virtus Reaves Utilities ETF
UTES
20 hedge funds and large institutions have $14.4M invested in Virtus Reaves Utilities ETF in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 6 closing their positions.
3% more capital invested
Capital invested by funds: $13.9M → $14.4M (+$444K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.67% less ownership
Funds ownership: 33.44% → 30.77% (-2.7%)
9% less funds holding
Funds holding: 22 → 20 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.49M |
| 2 |
LPL Financial
San Diego,
California
|
+$424K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$193K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$56.6K |
| 5 |
AWP
Atlas Wealth Partners
Wyomissing,
Pennsylvania
|
+$6.47K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$784K |
| 2 |
IA
IFG Advisory
Atlanta,
Georgia
|
-$667K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$368K |
| 4 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$256K |
| 5 |
TFS
Thoroughbred Financial Services
Brentwood,
Tennessee
|
-$222K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| – | -$83 | -2 | Closed |
|
UTES Hedge Fund Activity: Q4 2023 in Review
20 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q4 2023, worth a combined $14.4M — up 3.2% from $13.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of UTES and 4 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was AE Wealth Management, opening a new position worth an estimated $1.49M. The largest seller was Citadel Advisors, exiting entirely with an estimated $784K sold.
- 20 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q4 2023, down from 22 in Q3 2023.
- Funds reported $14.4M of Virtus Reaves Utilities ETF stock for Q4 2023, up 3.2% quarter-over-quarter.
- 4 funds opened new Virtus Reaves Utilities ETF positions in Q4 2023 and 6 closed out, a net change of -2 holders.
- The largest Virtus Reaves Utilities ETF buyer in Q4 2023 was AE Wealth Management, an estimated $1.49M added.
- The largest Virtus Reaves Utilities ETF seller in Q4 2023 was Citadel Advisors, an estimated $784K sold.
Based on aggregated 13F filings for Q4 2023.