Virtus Reaves Utilities ETF
UTES
19 hedge funds and large institutions have $25.4M invested in Virtus Reaves Utilities ETF in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 6 closing their positions.
77% more capital invested
Capital invested by funds: $14.4M → $25.4M (+$11.1M)
13.56% more ownership
Funds ownership: 30.77% → 44.33% (+14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
5% less funds holding
Funds holding: 20 → 19 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KDA
Kraft Davis & Associates
St. Louis,
Missouri
|
+$5.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.86M |
| 3 |
SG
StoneX Group
New York
|
+$622K |
| 4 |
PS
Principal Securities
Des Moines,
Iowa
|
+$513K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$392K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$403K |
| 3 |
ISL
Ingalls & Snyder LLC
New York
|
-$157K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$96.7K |
| 5 |
NMG
New Millennium Group
Sandy,
Utah
|
-$83.9K |
UTES Hedge Fund Activity: Q1 2024 in Review
19 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q1 2024, worth a combined $25.4M — up 77% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of UTES and 5 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 6 added.
The largest buyer was Kraft Davis & Associates, opening a new position worth an estimated $5.9M. The largest seller was AE Wealth Management, exiting entirely with an estimated $1.5M sold.
- 19 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q1 2024, down from 20 in Q4 2023.
- Funds reported $25.4M of Virtus Reaves Utilities ETF stock for Q1 2024, up 77% quarter-over-quarter.
- 5 funds opened new Virtus Reaves Utilities ETF positions in Q1 2024 and 6 closed out, a net change of -1 holder.
- The largest Virtus Reaves Utilities ETF buyer in Q1 2024 was Kraft Davis & Associates, an estimated $5.9M added.
- The largest Virtus Reaves Utilities ETF seller in Q1 2024 was AE Wealth Management, an estimated $1.5M sold.
Based on aggregated 13F filings for Q1 2024.