Virtus Reaves Utilities ETF
UTES
81 hedge funds and large institutions have $150M invested in Virtus Reaves Utilities ETF in 2025 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 28 increasing their positions, 14 reducing their positions, and 14 closing their positions.
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
100% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 14
30% more capital invested
Capital invested by funds: $115M → $150M (+$34.7M)
23% more funds holding
Funds holding: 66 → 81 (+15)
2.78% less ownership
Funds ownership: 41.07% → 38.29% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$7.68M |
| 2 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
+$6.42M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$5.94M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.41M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$6.66M |
| 2 |
Goldman Sachs
New York
|
-$5.56M |
| 3 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$3.26M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.26M |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.37M |
UTES Hedge Fund Activity: Q1 2025 in Review
81 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q1 2025, worth a combined $150M — up 30% from $115M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new UTES positions and 14 closed out — a net gain of 15 holders — while 28 added to existing stakes and 14 trimmed.
The largest buyer was LPL Financial, adding an estimated $7.68M. The largest seller was Beaumont Financial Advisors, exiting entirely with an estimated $6.66M sold.
- 81 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q1 2025, up from 66 in Q4 2024.
- Funds reported $150M of Virtus Reaves Utilities ETF stock for Q1 2025, up 30% quarter-over-quarter.
- 29 funds opened new Virtus Reaves Utilities ETF positions in Q1 2025 and 14 closed out, a net change of +15 holders.
- The largest Virtus Reaves Utilities ETF buyer in Q1 2025 was LPL Financial, an estimated $7.68M added.
- The largest Virtus Reaves Utilities ETF seller in Q1 2025 was Beaumont Financial Advisors, an estimated $6.66M sold.
Based on aggregated 13F filings for Q1 2025.