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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$215M |
| 2 |
LPL Financial
San Diego,
California
|
+$23.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$17.7M |
| 4 |
AWM
Aprio Wealth Management
Atlanta,
Georgia
|
+$14.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$10.9M |
| 2 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$3.58M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.38M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.42M |
| 5 |
WWP
Wise Wealth Partners
Phoenix,
Arizona
|
-$1.36M |
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.