Virtus Reaves Utilities ETF
UTES
49 hedge funds and large institutions have $85.6M invested in Virtus Reaves Utilities ETF in 2024 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 16 increasing their positions, 5 reducing their positions, and 5 closing their positions.
340% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 5
220% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 5
94% more capital invested
Capital invested by funds: $44.2M → $85.6M (+$41.5M)
53% more funds holding
Funds holding: 32 → 49 (+17)
2.95% less ownership
Funds ownership: 46.02% → 43.07% (-3%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$11.5M |
| 2 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
+$4.46M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.78M |
| 4 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$2.84M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
WJ Wealth Management
Glendale,
Arizona
|
-$3.74M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.17M |
| 3 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$968K |
| 4 |
ISL
Ingalls & Snyder LLC
New York
|
-$335K |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$319K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
51
Belpointe Asset Management
Reno,
Nevada
| – | -$968K | -18,674 | Closed |
|
|
AAS
52
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$319K | -6,157 | Closed |
|
53
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -20 | Closed |
|
|
GRP
54
Global Retirement Partners
San Rafael,
California
| – | -$1.04K | -20 | Closed |
|
UTES Hedge Fund Activity: Q3 2024 in Review
49 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q3 2024, worth a combined $85.6M — up 94% from $44.2M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new UTES positions and 5 closed out — a net gain of 17 holders — while 16 added to existing stakes and 5 trimmed.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $11.5M. The largest seller was WJ Wealth Management, exiting entirely with an estimated $3.74M sold.
- 49 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q3 2024, up from 32 in Q2 2024.
- Funds reported $85.6M of Virtus Reaves Utilities ETF stock for Q3 2024, up 94% quarter-over-quarter.
- 22 funds opened new Virtus Reaves Utilities ETF positions in Q3 2024 and 5 closed out, a net change of +17 holders.
- The largest Virtus Reaves Utilities ETF buyer in Q3 2024 was Cambridge Investment Research Advisors, an estimated $11.5M added.
- The largest Virtus Reaves Utilities ETF seller in Q3 2024 was WJ Wealth Management, an estimated $3.74M sold.
Based on aggregated 13F filings for Q3 2024.