Virtus Reaves Utilities ETF
UTES
14 hedge funds and large institutions have $11.9M invested in Virtus Reaves Utilities ETF in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 4 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
6.4% less ownership
Funds ownership: 42.15% → 35.75% (-6.4%)
7% less funds holding
Funds holding: 15 → 14 (-1)
7% less capital invested
Capital invested by funds: $12.7M → $11.9M (-$850K)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFG
Next Financial Group
Houston,
Texas
|
+$1.22M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$474K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$387K |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$18.6K |
| 5 |
MSFP
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
|
+$10K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$2.57M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$418K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$205K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$81K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$40.4K |
UTES Hedge Fund Activity: Q1 2021 in Review
14 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q1 2021, worth a combined $11.9M — down 6.7% from $12.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of UTES and 3 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 5 added.
The largest buyer was Next Financial Group, opening a new position worth an estimated $1.22M. The largest seller was Simplicity Solutions, exiting entirely with an estimated $2.57M sold.
- 14 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q1 2021, down from 15 in Q4 2020.
- Funds reported $11.9M of Virtus Reaves Utilities ETF stock for Q1 2021, down 6.7% quarter-over-quarter.
- 3 funds opened new Virtus Reaves Utilities ETF positions in Q1 2021 and 4 closed out, a net change of -1 holder.
- The largest Virtus Reaves Utilities ETF buyer in Q1 2021 was Next Financial Group, an estimated $1.22M added.
- The largest Virtus Reaves Utilities ETF seller in Q1 2021 was Simplicity Solutions, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2021.