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Virtus Reaves Utilities ETF
UTES

129 hedge funds and large institutions have $643M invested in Virtus Reaves Utilities ETF in 2025 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 51 increasing their positions, 21 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

529% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 7

158% more capital invested

Capital invested by funds: $249M → $643M (+$394M)

143% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 21

37% more funds holding

Funds holding: 94 → 129 (+35)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

23.91% less ownership

Funds ownership: 83.41% → 59.5% (-24%)

Holders
129
Holders Change
+35
Holders Change %
+37.23%
% of All Funds
1.69%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
44
Increased
51
Reduced
21
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
JP Morgan Chase
JP Morgan Chase
New York
+$215M
2
LPL Financial
LPL Financial
California
+$23.5M
3
UBS Group
UBS Group
Switzerland
+$17.7M
4
AWM
Aprio Wealth Management
Georgia
+$14.2M
5
Bank of America
Bank of America
North Carolina
+$12.4M

Top Sellers

1
MCM
Mainstay Capital Management
Michigan
-$10.9M
2
PCP
Proficio Capital Partners
Massachusetts
-$3.58M
3
Citadel Advisors
Citadel Advisors
Florida
-$2.38M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$1.42M
5
WWP
Wise Wealth Partners
Arizona
-$1.36M
Name Holding Trade Value Shares
Change 		Change in
Stake
MML Investors Services
26
MML Investors Services
Massachusetts
$4.04M +$1.72M +21,680 +81%
BW
27
BostonPremier Wealth
Massachusetts
$3.84M +$3.67M +46,073 New
MA
28
MONECO Advisors
Connecticut
$3.71M +$154K +1,939 +5%
VAS
29
Valicenti Advisory Services
New York
$3.42M +$3.26M +41,000 New
ARG
30
Advisory Resource Group
Oklahoma
$3.11M -$119K -1,500 -4%
CCFM
31
Clear Creek Financial Management
Washington
$3.09M -$73.1K -919 -2%
GIA
32
Gladstone Institutional Advisory
Florida
$3.08M -$34.1K -429 -1%
PI
33
PFG Investments
New York
$3.06M +$13.4K +168 +0.5%
SGCA
34
Steel Grove Capital Advisors
Tennessee
$2.93M – – –
SPIA
35
Steward Partners Investment Advisory
New York
$2.78M +$2.13M +26,785 +409%
HighTower Advisors
36
HighTower Advisors
Illinois
$2.53M +$26.4K +332 +1%
KWA
37
Kingswood Wealth Advisors
California
$2.51M +$201K +2,523 +9%
CBA
38
Coastal Bridge Advisors
Connecticut
$2.45M +$2.34M +29,408 New
PFS
39
Prospera Financial Services
Texas
$2.23M +$1.55M +19,463 +268%
PS
40
Principal Securities
Iowa
$2.16M +$1.17M +14,679 +130%
TCG
41
Transcendent Capital Group
Oklahoma
$1.87M +$1.78M +22,368 New
SCM
42
Sunbeam Capital Management
Georgia
$1.72M +$303K +3,805 +23%
CWM
43
Comprehensive Wealth Management
Washington
$1.71M +$289K +3,627 +22%
OPA
44
Old Port Advisors
Maine
$1.7M +$77.4K +973 +5%
BEI
45
Benjamin Edwards Inc
Missouri
$1.68M +$395K +4,965 +33%
Corient Private Wealth
46
Corient Private Wealth
Florida
$1.58M +$1.51M +18,922 New
AWP
47
Atlas Wealth Partners
Pennsylvania
$1.41M +$151K +1,900 +13%
KAS
48
Kestra Advisory Services
Texas
$1.39M +$479K +6,019 +56%
BAM
49
Belpointe Asset Management
Nevada
$1.39M -$259K -3,258 -16%
Janney Montgomery Scott
50
Janney Montgomery Scott
Pennsylvania
$1.16M +$229K +2,883 +26%
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UTES Hedge Fund Activity: Q3 2025 in Review

129 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q3 2025, worth a combined $643M — up 158% from $249M a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new UTES positions and 7 closed out — a net gain of 37 holders — while 51 added to existing stakes and 21 trimmed.

The largest buyer was JP Morgan Chase, opening a new position worth an estimated $215M. The largest seller was Mainstay Capital Management, cutting an estimated $10.9M.

  • 129 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q3 2025, up from 94 in Q2 2025.
  • Funds reported $643M of Virtus Reaves Utilities ETF stock for Q3 2025, up 158% quarter-over-quarter.
  • 44 funds opened new Virtus Reaves Utilities ETF positions in Q3 2025 and 7 closed out, a net change of +37 holders.
  • The largest Virtus Reaves Utilities ETF buyer in Q3 2025 was JP Morgan Chase, an estimated $215M added.
  • The largest Virtus Reaves Utilities ETF seller in Q3 2025 was Mainstay Capital Management, an estimated $10.9M sold.

Based on aggregated 13F filings for Q3 2025.