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Reaves Utility Income Fund
UTG

145 hedge funds and large institutions have $188M invested in Reaves Utility Income Fund in 2022 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 56 increasing their positions, 33 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 33

0.21% more ownership

Funds ownership: 10% → 10.21% (+0.21%)

4% less funds holding

Funds holding: 151 → 145 (-6)

10% less capital invested

Capital invested by funds: $209M → $188M (-$21.2M)

22% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 18

Holders
145
Holders Change
-6
Holders Change %
-3.97%
% of All Funds
2.5%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
14
Increased
56
Reduced
33
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
TF
Trek Financial
Arizona
+$3.36M
2
KeyBank National Association
KeyBank National Association
Ohio
+$835K
3
AWS
Atria Wealth Solutions
New York
+$783K
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$718K
5
LPL Financial
LPL Financial
California
+$644K

Top Sellers

1
Ameriprise
Ameriprise
Minnesota
-$1.19M
2
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
-$1.15M
3
PA
Paralel Advisors
Colorado
-$1.06M
4
Bank of America
Bank of America
North Carolina
-$755K
5
OC
Oppenheimer & Co
New York
-$535K
Name Holding Trade Value Shares
Change 		Change in
Stake
SFS
26
Sowell Financial Services
Arkansas
$1.62M +$28K +885 +2%
IWA
27
IBEX Wealth Advisors
New Jersey
$1.45M +$4.9K +155 +0.3%
SPIA
28
Steward Partners Investment Advisory
New York
$1.32M +$67.2K +2,124 +5%
KAS
29
Kestra Advisory Services
Texas
$1.24M +$318K +10,051 +28%
GLA
30
Good Life Advisors
Pennsylvania
$1.17M +$16.1K +508 +1%
Northwestern Mutual Wealth Management
31
Northwestern Mutual Wealth Management
Wisconsin
$1.17M +$78.3K +2,475 +6%
WANY
32
Wealthspire Advisors (New York)
New York
$1.16M -$280K -8,857 -17%
1832 Asset Management
33
1832 Asset Management
Ontario, Canada
$929K – – –
AWS
34
Atria Wealth Solutions
New York
$927K +$783K +24,755 +267%
FFWM
35
Future Financial Wealth Management
Ohio
$728K – – –
KeyBank National Association
36
KeyBank National Association
Ohio
$719K +$835K +26,401 New
AWM
37
AE Wealth Management
Kansas
$712K +$74.4K +2,351 +10%
MIM
38
Merrion Investment Management
New Jersey
$681K – – –
KA
39
Kovack Advisors
Florida
$670K +$30.6K +967 +4%
MA
40
Mutual Advisors
Nebraska
$622K +$513K +16,207 +244%
ASFA
41
All Season Financial Advisors
Colorado
$600K -$161K -5,087 -19%
AB
42
Atlas Brown
Kentucky
$600K -$22.2K -703 -3%
SVWAG
43
Sound View Wealth Advisors Group
Georgia
$592K -$20.6K -652 -3%
DC
44
Davenport & Co
Virginia
$590K +$95.8K +3,027 +16%
BCM
45
Brookstone Capital Management
Illinois
$584K +$14.2K +448 +2%
SPC
46
Sigma Planning Corp
Michigan
$578K +$44.4K +1,404 +7%
JWCA
47
J.W. Cole Advisors
Florida
$575K +$263K +8,310 +65%
VFA
48
Valeo Financial Advisors
Indiana
$559K – – –
CAC
49
Certified Advisory Corp
Florida
$558K +$18.4K +583 +3%
CF
50
Centaurus Financial
California
$538K +$40.5K +1,279 +7%
1
2
3 4 5

UTG Hedge Fund Activity: Q3 2022 in Review

145 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q3 2022, worth a combined $188M — down 10% from $209M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of UTG and 14 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 56 added.

The largest buyer was Trek Financial, opening a new position worth an estimated $3.36M. The largest seller was Ameriprise, cutting an estimated $1.19M.

  • 145 institutional investors held Reaves Utility Income Fund (UTG) as of Q3 2022, down from 151 in Q2 2022.
  • Funds reported $188M of Reaves Utility Income Fund stock for Q3 2022, down 10% quarter-over-quarter.
  • 14 funds opened new Reaves Utility Income Fund positions in Q3 2022 and 18 closed out, a net change of -4 holders.
  • The largest Reaves Utility Income Fund buyer in Q3 2022 was Trek Financial, an estimated $3.36M added.
  • The largest Reaves Utility Income Fund seller in Q3 2022 was Ameriprise, an estimated $1.19M sold.

Based on aggregated 13F filings for Q3 2022.