We are live on ! Find out more
UTG icon

Reaves Utility Income Fund
UTG

238 hedge funds and large institutions have $444M invested in Reaves Utility Income Fund in 2025 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 98 increasing their positions, 50 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 50

11% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 28

0% more funds holding

Funds holding: 238 → 238 (0)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0.1% less ownership

Funds ownership: 14.24% → 14.14% (-0.1%)

11% less capital invested

Capital invested by funds: $497M → $444M (-$52.3M)

Holders
238
Holders Change
–
Holders Change %
0%
% of All Funds
2.89%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
31
Increased
98
Reduced
50
Closed
28
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
WANY
Wealthspire Advisors (New York)
New York
+$5.49M
2
LPL Financial
LPL Financial
California
+$3.55M
3
HAS
HBW Advisory Services
California
+$2.75M
4
Morgan Stanley
Morgan Stanley
New York
+$2.57M
5
Corient Private Wealth
Corient Private Wealth
Florida
+$1.65M

Top Sellers

1
CA
Cornerstone Advisors
North Carolina
-$18M
2
AIA
Absolute Investment Advisers
Florida
-$5.14M
3
CPRC
Consolidated Portfolio Review Corp
New York
-$2.61M
4
QL
Quarry LP
New York
-$1.9M
5
NFSG
Newbridge Financial Services Group
Florida
-$1.16M
Name Holding Trade Value Shares
Change 		Change in
Stake
Cambridge Investment Research Advisors
26
Cambridge Investment Research Advisors
Iowa
$3.51M -$66.3K -1,743 -2%
NA
27
NewEdge Advisors
Louisiana
$3.36M -$791K -20,816 -18%
IFG
28
Independent Financial Group
California
$3.21M +$23.7K +624 +0.7%
WHRC
29
W.H. Reaves & Co
New Jersey
$3.05M +$48.1K +1,266 +2%
TWM
30
Tradition Wealth Management
Minnesota
$3.01M +$36.9K +970 +1%
WE
31
Wealth Effects
Massachusetts
$2.82M +$261K +6,865 +10%
SAM
32
Smith Asset Management
Florida
$2.82M -$85.7K -2,253 -3%
JWCA
33
J.W. Cole Advisors
Florida
$2.63M -$284K -7,482 -2%
Wealth Enhancement Advisory Services
34
Wealth Enhancement Advisory Services
Minnesota
$2.47M +$199K +5,223 +9%
LWM
35
LongView Wealth Management
Georgia
$2.47M -$92.4K -2,430 -3%
OC
36
Oppenheimer & Co
New York
$2.36M +$153K +4,026 +7%
WIA
37
World Investment Advisors
California
$2.31M +$667K +17,551 +39%
Northwestern Mutual Wealth Management
38
Northwestern Mutual Wealth Management
Wisconsin
$2.1M +$40.5K +1,066 +2%
CF
39
Centaurus Financial
California
$2.07M +$93.5K +2,458 +5%
SFS
40
Sowell Financial Services
Arkansas
$2M -$158K -4,143 -7%
First Trust Advisors
41
First Trust Advisors
Illinois
$1.95M +$181K +4,754 +10%
PNC Financial Services Group
42
PNC Financial Services Group
Pennsylvania
$1.94M +$326K +8,564 +19%
NS
43
NBC Securities
Alabama
$1.91M -$3.76K -99 -0.2%
KAS
44
Kestra Advisory Services
Texas
$1.86M +$96.4K +2,535 +5%
SFWC
45
Strategic Family Wealth Counselors
New Jersey
$1.85M +$453K +11,927 +32%
GAM
46
Griffin Asset Management
New York
$1.82M +$382K +10,059 +25%
KA
47
Kercheville Advisors
Texas
$1.82M +$191K +5,011 +12%
SWP
48
Stratos Wealth Partners
Ohio
$1.82M +$153K +4,036 +9%
NAS
49
NWF Advisory Services
California
$1.71M +$271K +7,121 +18%
P
50
&Partners
Tennessee
$1.67M +$989K +26,018 +133%
1
2
3 4 5

UTG Hedge Fund Activity: Q4 2025 in Review

238 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q4 2025, worth a combined $444M — down 11% from $497M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new UTG positions and 28 closed out — a net gain of 3 holders — while 98 added to existing stakes and 50 trimmed.

The largest buyer was Wealthspire Advisors (New York), opening a new position worth an estimated $5.49M. The largest seller was Cornerstone Advisors, cutting an estimated $18M.

  • 238 institutional investors held Reaves Utility Income Fund (UTG) as of Q4 2025, unchanged from Q3 2025.
  • Funds reported $444M of Reaves Utility Income Fund stock for Q4 2025, down 11% quarter-over-quarter.
  • 31 funds opened new Reaves Utility Income Fund positions in Q4 2025 and 28 closed out, a net change of +3 holders.
  • The largest Reaves Utility Income Fund buyer in Q4 2025 was Wealthspire Advisors (New York), an estimated $5.49M added.
  • The largest Reaves Utility Income Fund seller in Q4 2025 was Cornerstone Advisors, an estimated $18M sold.

Based on aggregated 13F filings for Q4 2025.