Virtus Reaves Utilities ETF
UTES
32 hedge funds and large institutions have $44.2M invested in Virtus Reaves Utilities ETF in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
78% more capital invested
Capital invested by funds: $24.8M → $44.2M (+$19.4M)
78% more funds holding
Funds holding: 18 → 32 (+14)
2.9% more ownership
Funds ownership: 43.12% → 46.02% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
CoreCap Advisors
Southfield,
Michigan
| $5.18K | – | – | – |
|
|
NMG
27
New Millennium Group
Sandy,
Utah
| $4.25K | +$4.23K | +82 | New |
|
|
GRP
28
Global Retirement Partners
San Rafael,
California
| $1.04K | +$1.03K | +20 | New |
|
29
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | +$1.03K | +20 | New |
|
|
DFA
30
DHJJ Financial Advisors
Naperville,
Illinois
| $519 | – | – | – |
|
31
Morgan Stanley
New York
| $99 | +$52 | +1 | New |
|
32
Wells Fargo
San Francisco,
California
| $43 | +$52 | +1 | New |
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.28M | -26,403 | Closed |
|
|
MA
34
Mezzasalma Advisors
Tinton Falls,
New Jersey
| – | -$246K | -5,073 | Closed |
|
|
ASN
35
Advisory Services Network
Atlanta,
Georgia
| – | -$235K | -4,850 | Closed |
|
UTES Hedge Fund Activity: Q2 2024 in Review
32 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q2 2024, worth a combined $44.2M — up 78% from $24.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new UTES positions and 3 closed out — a net gain of 14 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Beaumont Financial Advisors, opening a new position worth an estimated $5.31M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.28M sold.
- 32 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q2 2024, up from 18 in Q1 2024.
- Funds reported $44.2M of Virtus Reaves Utilities ETF stock for Q2 2024, up 78% quarter-over-quarter.
- 17 funds opened new Virtus Reaves Utilities ETF positions in Q2 2024 and 3 closed out, a net change of +14 holders.
- The largest Virtus Reaves Utilities ETF buyer in Q2 2024 was Beaumont Financial Advisors, an estimated $5.31M added.
- The largest Virtus Reaves Utilities ETF seller in Q2 2024 was Susquehanna International Group, an estimated $1.28M sold.
Based on aggregated 13F filings for Q2 2024.