Virtus Reaves Utilities ETF
UTES
168 hedge funds and large institutions have $879M invested in Virtus Reaves Utilities ETF in 2025 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 79 increasing their positions, 30 reducing their positions, and 11 closing their positions.
345% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 11
163% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 30
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
37% more capital invested
Capital invested by funds: $644M → $879M (+$235M)
29% more funds holding
Funds holding: 130 → 168 (+38)
2.22% more ownership
Funds ownership: 59.65% → 61.86% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$55.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$44.2M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$36.3M |
| 4 |
LPL Financial
San Diego,
California
|
+$24.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$10.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.05M |
| 3 |
TCG
Transcendent Capital Group
Edmond,
Oklahoma
|
-$1.87M |
| 4 |
FFAS
FIG Financial Advisory Services
Oklahoma City,
Oklahoma
|
-$1.6M |
| 5 |
EH
Equitable Holdings
New York
|
-$1.48M |
UTES Hedge Fund Activity: Q4 2025 in Review
168 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q4 2025, worth a combined $879M — up 37% from $644M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new UTES positions and 11 closed out — a net gain of 38 holders — while 79 added to existing stakes and 30 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $55.7M. The largest seller was Mainstay Capital Management, cutting an estimated $10.2M.
- 168 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q4 2025, up from 130 in Q3 2025.
- Funds reported $879M of Virtus Reaves Utilities ETF stock for Q4 2025, up 37% quarter-over-quarter.
- 49 funds opened new Virtus Reaves Utilities ETF positions in Q4 2025 and 11 closed out, a net change of +38 holders.
- The largest Virtus Reaves Utilities ETF buyer in Q4 2025 was JP Morgan Chase, an estimated $55.7M added.
- The largest Virtus Reaves Utilities ETF seller in Q4 2025 was Mainstay Capital Management, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2025.