Virtus Reaves Utilities ETF
UTES
22 hedge funds and large institutions have $13.9M invested in Virtus Reaves Utilities ETF in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
22% more funds holding
Funds holding: 18 → 22 (+4)
0.39% more ownership
Funds ownership: 33.05% → 33.44% (+0.39%)
3% less capital invested
Capital invested by funds: $14.3M → $13.9M (-$364K)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$722K |
| 2 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$277K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$256K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$51.6K |
| 5 |
TFS
Thoroughbred Financial Services
Brentwood,
Tennessee
|
+$35.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$344K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$260K |
| 3 |
LPL Financial
San Diego,
California
|
-$60.9K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$51.8K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$19.5K |
UTES Hedge Fund Activity: Q3 2023 in Review
22 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q3 2023, worth a combined $13.9M — down 2.5% from $14.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new UTES positions and 2 closed out — a net gain of 4 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was IFG Advisory, opening a new position worth an estimated $722K. The largest seller was Belpointe Asset Management, exiting entirely with an estimated $344K sold.
- 22 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q3 2023, up from 18 in Q2 2023.
- Funds reported $13.9M of Virtus Reaves Utilities ETF stock for Q3 2023, down 2.5% quarter-over-quarter.
- 6 funds opened new Virtus Reaves Utilities ETF positions in Q3 2023 and 2 closed out, a net change of +4 holders.
- The largest Virtus Reaves Utilities ETF buyer in Q3 2023 was IFG Advisory, an estimated $722K added.
- The largest Virtus Reaves Utilities ETF seller in Q3 2023 was Belpointe Asset Management, an estimated $344K sold.
Based on aggregated 13F filings for Q3 2023.