Virtus Reaves Utilities ETF
UTES
18 hedge funds and large institutions have $14.3M invested in Virtus Reaves Utilities ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
6% more funds holding
Funds holding: 17 → 18 (+1)
2% more capital invested
Capital invested by funds: $14M → $14.3M (+$304K)
0.91% more ownership
Funds ownership: 32.15% → 33.05% (+0.91%)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$883K |
| 2 |
LPL Financial
San Diego,
California
|
+$317K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$199K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$81.1K |
| 5 |
TFS
Thoroughbred Financial Services
Brentwood,
Tennessee
|
+$229 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$398K |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$295K |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$289K |
| 4 |
NMG
New Millennium Group
Sandy,
Utah
|
-$58.8K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$27.5K |
UTES Hedge Fund Activity: Q2 2023 in Review
18 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q2 2023, worth a combined $14.3M — up 2.2% from $14M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new UTES positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $883K. The largest seller was Belpointe Asset Management, cutting an estimated $398K.
- 18 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q2 2023, up from 17 in Q1 2023.
- Funds reported $14.3M of Virtus Reaves Utilities ETF stock for Q2 2023, up 2.2% quarter-over-quarter.
- 2 funds opened new Virtus Reaves Utilities ETF positions in Q2 2023 and 1 closed out, a net change of +1 holder.
- The largest Virtus Reaves Utilities ETF buyer in Q2 2023 was Citadel Advisors, an estimated $883K added.
- The largest Virtus Reaves Utilities ETF seller in Q2 2023 was Belpointe Asset Management, an estimated $398K sold.
Based on aggregated 13F filings for Q2 2023.