Virtus Reaves Utilities ETF
UTES
33 hedge funds and large institutions have $44.9M invested in Virtus Reaves Utilities ETF in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
77% more capital invested
Capital invested by funds: $25.4M → $44.9M (+$19.5M)
74% more funds holding
Funds holding: 19 → 33 (+14)
2.48% more ownership
Funds ownership: 44.33% → 46.81% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$5.31M |
| 2 |
WWM
WJ Wealth Management
Glendale,
Arizona
|
+$3.72M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.82M |
| 4 |
RHP
Royal Harbor Partners
Houston,
Texas
|
+$2.76M |
| 5 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.28M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$643K |
| 3 |
MA
Mezzasalma Advisors
Tinton Falls,
New Jersey
|
-$246K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$235K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$112K |
UTES Hedge Fund Activity: Q2 2024 in Review
33 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q2 2024, worth a combined $44.9M — up 77% from $25.4M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new UTES positions and 3 closed out — a net gain of 14 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Beaumont Financial Advisors, opening a new position worth an estimated $5.31M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.28M sold.
- 33 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q2 2024, up from 19 in Q1 2024.
- Funds reported $44.9M of Virtus Reaves Utilities ETF stock for Q2 2024, up 77% quarter-over-quarter.
- 17 funds opened new Virtus Reaves Utilities ETF positions in Q2 2024 and 3 closed out, a net change of +14 holders.
- The largest Virtus Reaves Utilities ETF buyer in Q2 2024 was Beaumont Financial Advisors, an estimated $5.31M added.
- The largest Virtus Reaves Utilities ETF seller in Q2 2024 was Susquehanna International Group, an estimated $1.28M sold.
Based on aggregated 13F filings for Q2 2024.