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Reaves Utility Income Fund
UTG

168 hedge funds and large institutions have $232M invested in Reaves Utility Income Fund in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 63 increasing their positions, 39 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 39

38% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 16

7% more capital invested

Capital invested by funds: $218M → $232M (+$14.7M)

1% more funds holding

Funds holding: 166 → 168 (+2)

0.48% more ownership

Funds ownership: 10.28% → 10.77% (+0.48%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
168
Holders Change
+2
Holders Change %
+1.2%
% of All Funds
2.43%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
22
Increased
63
Reduced
39
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$4.08M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$1.8M
3
Bank of America
Bank of America
North Carolina
+$1.64M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$991K
5
CPRC
Consolidated Portfolio Review Corp
New York
+$870K

Top Sellers

Rank Fund Capital Flow
1
PI
PFG Investments
New York
-$1.63M
2
Ameriprise
Ameriprise
Minnesota
-$1.32M
3
AWA
Aquire Wealth Advisors
Utah
-$1.26M
4
Osaic Holdings
Osaic Holdings
Arizona
-$989K
5
NA
NewEdge Advisors
Louisiana
-$820K
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$2.11M -$377K -13,853 -15%
Janney Montgomery Scott
27
Janney Montgomery Scott
Pennsylvania
$2.08M +$183K +6,701 +10%
LWM
28
LongView Wealth Management
Georgia
$2.05M -$5.86K -215 -0.3%
AWS
29
Atria Wealth Solutions
New York
$1.92M +$491K +18,033 +35%
NA
30
NewEdge Advisors
Louisiana
$1.92M -$820K -30,113 -30%
WE
31
Wealth Effects
Massachusetts
$1.87M +$131K +4,806 +8%
GLA
32
Good Life Advisors
Pennsylvania
$1.8M -$28.8K -1,056 -2%
OFA
33
Oak Family Advisors
Illinois
$1.61M +$358K +13,154 +29%
Northwestern Mutual Wealth Management
34
Northwestern Mutual Wealth Management
Wisconsin
$1.57M +$79.9K +2,933 +5%
SFS
35
Sowell Financial Services
Arkansas
$1.49M -$130K -4,762 -8%
Mariner
36
Mariner
Kansas
$1.43M +$403K +14,811 +40%
Mercer Global Advisors
37
Mercer Global Advisors
Colorado
$1.37M -$162K -5,953 -11%
NS
38
NBC Securities
Alabama
$1.36M +$132K +4,835 +11%
IFG
39
Independent Financial Group
California
$1.18M +$555K +20,389 +90%
OC
40
Oppenheimer & Co
New York
$1.13M +$82 +3 +0%
KAS
41
Kestra Advisory Services
Texas
$1.05M +$59K +2,166 +6%
First Trust Advisors
42
First Trust Advisors
Illinois
$1.05M +$53.7K +1,972 +5%
FFWM
43
Future Financial Wealth Management
Ohio
$879K +$61.9K +2,274 +8%
SPIA
44
Steward Partners Investment Advisory
New York
$786K +$38.6K +1,416 +5%
WS
45
Wedbush Securities
California
$776K +$25.2K +924 +3%
SPC
46
Sigma Planning Corp
Michigan
$740K +$26.7K +980 +4%
SFWC
47
Strategic Family Wealth Counselors
New Jersey
$713K +$208K +7,649 +41%
BCM
48
Brookstone Capital Management
Illinois
$711K +$25K +919 +4%
Creative Planning
49
Creative Planning
Kansas
$709K +$72K +2,645 +11%
AB
50
Atlas Brown
Kentucky
$689K +$230K +8,432 +50%
1
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UTG Hedge Fund Activity: Q2 2024 in Review

168 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q2 2024, worth a combined $232M — up 6.7% from $218M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new UTG positions and 16 closed out — a net gain of 6 holders — while 63 added to existing stakes and 39 trimmed.

The largest buyer was LPL Financial, adding an estimated $4.08M. The largest seller was PFG Investments, cutting an estimated $1.63M.

  • 168 institutional investors held Reaves Utility Income Fund (UTG) as of Q2 2024, up from 166 in Q1 2024.
  • Funds reported $232M of Reaves Utility Income Fund stock for Q2 2024, up 6.7% quarter-over-quarter.
  • 22 funds opened new Reaves Utility Income Fund positions in Q2 2024 and 16 closed out, a net change of +6 holders.
  • The largest Reaves Utility Income Fund buyer in Q2 2024 was LPL Financial, an estimated $4.08M added.
  • The largest Reaves Utility Income Fund seller in Q2 2024 was PFG Investments, an estimated $1.63M sold.

Based on aggregated 13F filings for Q2 2024.