We are live on ! Find out more
UTG icon

Reaves Utility Income Fund
UTG

68 hedge funds and large institutions have $96.8M invested in Reaves Utility Income Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

0% more funds holding

Funds holding: 68 → 68 (0)

0% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 18

1.36% less ownership

Funds ownership: 10.04% → 8.68% (-1.4%)

6% less capital invested

Capital invested by funds: $103M → $96.8M (-$6.4M)

Holders
68
Holders Change
–
Holders Change %
0%
% of All Funds
1.81%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
9
Increased
18
Reduced
18
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Stifel Financial
Stifel Financial
Missouri
+$1.56M
2
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$622K
3
Citigroup
Citigroup
New York
+$614K
4
Wells Fargo
Wells Fargo
California
+$570K
5
RJFSA
Raymond James Financial Services Advisors
Florida
+$529K

Top Sellers

1
SIA
Sit Investment Associates
Minnesota
-$7.42M
2
LPL Financial
LPL Financial
California
-$2.3M
3
Morgan Stanley
Morgan Stanley
New York
-$1.82M
4
GC
Guggenheim Capital
Illinois
-$1.73M
5
AAM
Advisors Asset Management
Colorado
-$1.34M
Name Holding Trade Value Shares
Change 		Change in
Stake
Baird Financial Group
26
Baird Financial Group
Wisconsin
$713K – – –
FWM
27
Focused Wealth Management
New York
$656K +$58K +1,914 +10%
TIA
28
Tiemann Investment Advisors
California
$599K +$606 +20 +0.1%
SCA
29
Snowden Capital Advisors
New York
$549K – – –
LCM
30
Lucas Capital Management
New Jersey
$441K -$24.2K -800 -6%
AG
31
Advisor Group
Arizona
$421K +$394K +13,025 New
CCM
32
Catawba Capital Management
Virginia
$410K – – –
LH
33
Lebenthal Holdings
New York
$390K -$454K -14,980 -56%
LAM
34
Lebenthal Asset Management
New York
$390K +$363K +12,000 New
AAM
35
Advisors Asset Management
Colorado
$347K -$1.34M -44,268 -81%
PAG
36
Private Advisor Group
New Jersey
$298K +$6.93K +229 +3%
MFS
37
MSI Financial Services
Massachusetts
$222K -$2.67K -88 -1%
HCM
38
Hodges Capital Management
Texas
$218K – – –
BFS
39
Bradley Foster & Sargent
Connecticut
$205K +$191K +6,320 New
IWMPD
40
Integrated Wealth Management (Palm Desert)
California
$184K – – –
PCP
41
Proficio Capital Partners
Massachusetts
$163K – – –
Deutsche Bank
42
Deutsche Bank
Germany
$155K – – –
MMG
43
Monetary Management Group
Missouri
$130K -$30.3K -1,000 -20%
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$126K +$44.7K +1,476 +61%
WA
45
WFG Advisors
Texas
$105K +$45.4K +1,500 +87%
LWCFA
46
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$81K – – –
PFBT
47
Parkside Financial Bank & Trust
Missouri
$74K +$68.7K +2,268 New
WRM
48
Westport Resources Management
Connecticut
$71K +$65.9K +2,176 New
Envestnet Asset Management
49
Envestnet Asset Management
Illinois
$66K -$44.4K -1,465 -42%
EWM
50
Evercore Wealth Management
New York
$65K – – –
1
2
3 4

UTG Hedge Fund Activity: Q2 2016 in Review

68 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q2 2016, worth a combined $96.8M — down 6.2% from $103M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new UTG positions and 8 closed out — a net gain of 1 holder — while 18 added to existing stakes and 18 trimmed.

The largest buyer was Stifel Financial, adding an estimated $1.56M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $7.42M sold.

  • 68 institutional investors held Reaves Utility Income Fund (UTG) as of Q2 2016, unchanged from Q1 2016.
  • Funds reported $96.8M of Reaves Utility Income Fund stock for Q2 2016, down 6.2% quarter-over-quarter.
  • 9 funds opened new Reaves Utility Income Fund positions in Q2 2016 and 8 closed out, a net change of +1 holder.
  • The largest Reaves Utility Income Fund buyer in Q2 2016 was Stifel Financial, an estimated $1.56M added.
  • The largest Reaves Utility Income Fund seller in Q2 2016 was Sit Investment Associates, an estimated $7.42M sold.

Based on aggregated 13F filings for Q2 2016.