Virtus Reaves Utilities ETF
UTES
94 hedge funds and large institutions have $249M invested in Virtus Reaves Utilities ETF in 2025 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 46 increasing their positions, 17 reducing their positions, and 8 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
171% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 17
66% more capital invested
Capital invested by funds: $150M → $249M (+$99.1M)
16% more funds holding
Funds holding: 81 → 94 (+13)
6.08% more ownership
Funds ownership: 38.29% → 44.37% (+6.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$18.2M |
| 2 |
LPL Financial
San Diego,
California
|
+$17.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.7M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.52M |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFAS
FIG Financial Advisory Services
Oklahoma City,
Oklahoma
|
-$1.36M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$769K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$725K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$583K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$408K |
UTES Hedge Fund Activity: Q2 2025 in Review
94 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q2 2025, worth a combined $249M — up 66% from $150M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new UTES positions and 8 closed out — a net gain of 14 holders — while 46 added to existing stakes and 17 trimmed.
The largest buyer was Mainstay Capital Management, opening a new position worth an estimated $18.2M. The largest seller was FIG Financial Advisory Services, exiting entirely with an estimated $1.36M sold.
- 94 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q2 2025, up from 81 in Q1 2025.
- Funds reported $249M of Virtus Reaves Utilities ETF stock for Q2 2025, up 66% quarter-over-quarter.
- 22 funds opened new Virtus Reaves Utilities ETF positions in Q2 2025 and 8 closed out, a net change of +14 holders.
- The largest Virtus Reaves Utilities ETF buyer in Q2 2025 was Mainstay Capital Management, an estimated $18.2M added.
- The largest Virtus Reaves Utilities ETF seller in Q2 2025 was FIG Financial Advisory Services, an estimated $1.36M sold.
Based on aggregated 13F filings for Q2 2025.