Virtus Reaves Utilities ETF
UTES
18 hedge funds and large institutions have $24.8M invested in Virtus Reaves Utilities ETF in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 6 closing their positions.
73% more capital invested
Capital invested by funds: $14.4M → $24.8M (+$10.4M)
12.35% more ownership
Funds ownership: 30.77% → 43.12% (+12%)
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
10% less funds holding
Funds holding: 20 → 18 (-2)
33% less first-time investments, than exits
New positions opened: 4 | 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 |
PS
Principal Securities
Des Moines,
Iowa
|
+$513K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$392K |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$276K |
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
18 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q1 2024, worth a combined $24.8M — up 73% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of UTES and 4 opened new positions — a net loss of 2 holders — 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.
- 18 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q1 2024, down from 20 in Q4 2023.
- Funds reported $24.8M of Virtus Reaves Utilities ETF stock for Q1 2024, up 73% quarter-over-quarter.
- 4 funds opened new Virtus Reaves Utilities ETF positions in Q1 2024 and 6 closed out, a net change of -2 holders.
- 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.