We are live on ! Find out more
UTG icon

Reaves Utility Income Fund
UTG

69 hedge funds and large institutions have $93.1M invested in Reaves Utility Income Fund in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

1% more funds holding

Funds holding: 68 → 69 (+1)

6% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 17

0.2% more ownership

Funds ownership: 8.68% → 8.89% (+0.2%)

4% less capital invested

Capital invested by funds: $96.8M → $93.1M (-$3.69M)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
69
Holders Change
+1
Holders Change %
+1.47%
% of All Funds
1.84%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
11
Increased
18
Reduced
17
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CRC
Curi RMB Capital
Illinois
+$3.06M
2
Citigroup
Citigroup
New York
+$2.13M
3
DA
Doliver Advisors
Texas
+$1.18M
4
GC
Guggenheim Capital
Illinois
+$922K
5
HBWM
Hollow Brook Wealth Management
New York
+$665K

Top Sellers

Rank Fund Capital Flow
1
Stifel Financial
Stifel Financial
Missouri
-$1.9M
2
Wells Fargo
Wells Fargo
California
-$1.8M
3
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
-$1.13M
4
NRS
Neville Rodie & Shaw
New York
-$974K
5
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
-$616K
Name Holding Trade Value Shares
Change 		Change in
Stake
Creative Planning
26
Creative Planning
Kansas
$703K -$40K -1,280 -5%
FWM
27
Focused Wealth Management
New York
$676K +$59.7K +1,913 +9%
SG
28
StoneX Group
New York
$587K +$600K +19,199 New
First Trust Advisors
29
First Trust Advisors
Illinois
$577K +$590K +18,890 New
SCA
30
Snowden Capital Advisors
New York
$567K +$51.8K +1,658 +10%
TIA
31
Tiemann Investment Advisors
California
$565K +$625 +20 +0.1%
AG
32
Advisor Group
Arizona
$434K +$36K +1,152 +9%
LCM
33
Lucas Capital Management
New Jersey
$415K – – –
CCM
34
Catawba Capital Management
Virginia
$386K – – –
Baird Financial Group
35
Baird Financial Group
Wisconsin
$320K -$359K -11,493 -52%
Invesco
36
Invesco
Georgia
$312K +$319K +10,214 New
JMPWA
37
JP Morgan Private Wealth Advisors
California
$240K +$245K +7,843 New
PAG
38
Private Advisor Group
New Jersey
$234K -$35.1K -1,125 -12%
MFS
39
MSI Financial Services
Massachusetts
$227K +$18.3K +587 +9%
SPC
40
Sigma Planning Corp
Michigan
$219K +$223K +7,153 New
HCM
41
Hodges Capital Management
Texas
$205K – – –
IWMPD
42
Integrated Wealth Management (Palm Desert)
California
$174K – – –
PCP
43
Proficio Capital Partners
Massachusetts
$155K – – –
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$150K +$31.2K +1,000 +26%
MMG
45
Monetary Management Group
Missouri
$122K – – –
WA
46
WFG Advisors
Texas
$99K – – –
LWCFA
47
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$76K – – –
BBHC
48
Brown Brothers Harriman & Co
New York
$76K +$78.1K +2,500 New
PFBT
49
Parkside Financial Bank & Trust
Missouri
$69K – – –
Envestnet Asset Management
50
Envestnet Asset Management
Illinois
$63K +$344 +11 +0.5%
1
2
3 4

UTG Hedge Fund Activity: Q3 2016 in Review

69 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q3 2016, worth a combined $93.1M — down 3.8% from $96.8M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new UTG positions and 9 closed out — a net gain of 2 holders — while 18 added to existing stakes and 17 trimmed.

The largest buyer was Curi RMB Capital, opening a new position worth an estimated $3.06M. The largest seller was Stifel Financial, cutting an estimated $1.9M.

  • 69 institutional investors held Reaves Utility Income Fund (UTG) as of Q3 2016, up from 68 in Q2 2016.
  • Funds reported $93.1M of Reaves Utility Income Fund stock for Q3 2016, down 3.8% quarter-over-quarter.
  • 11 funds opened new Reaves Utility Income Fund positions in Q3 2016 and 9 closed out, a net change of +2 holders.
  • The largest Reaves Utility Income Fund buyer in Q3 2016 was Curi RMB Capital, an estimated $3.06M added.
  • The largest Reaves Utility Income Fund seller in Q3 2016 was Stifel Financial, an estimated $1.9M sold.

Based on aggregated 13F filings for Q3 2016.