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Reaves Utility Income Fund
UTG

128 hedge funds and large institutions have $181M invested in Reaves Utility Income Fund in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 30 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 30

4% more capital invested

Capital invested by funds: $174M → $181M (+$6.26M)

0% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 20

0.66% less ownership

Funds ownership: 10.34% → 9.67% (-0.66%)

2% less funds holding

Funds holding: 131 → 128 (-3)

Holders
128
Holders Change
-3
Holders Change %
-2.29%
% of All Funds
2.25%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
20
Increased
45
Reduced
30
Closed
20
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
RJA
Raymond James & Associates
Florida
+$4.32M
2
AA
ALPS Advisors
Colorado
+$1.59M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$560K
4
Wells Fargo
Wells Fargo
California
+$540K
5
Osaic Holdings
Osaic Holdings
Arizona
+$487K

Top Sellers

1
HBWM
Hollow Brook Wealth Management
New York
-$2.74M
2
GIM
Guild Investment Management
California
-$2.12M
3
LCM
Landscape Capital Management
New Jersey
-$983K
4
PAG
Private Advisor Group
New Jersey
-$857K
5
AAM
Advisors Asset Management
Colorado
-$699K
Name Holding Trade Value Shares
Change 		Change in
Stake
PGFC
51
Peapack-Gladstone Financial Corp
New Jersey
$413K +$107K +3,300 +36%
CFGS
52
Concourse Financial Group Securities
Alabama
$407K +$974 +30 +0.2%
Baird Financial Group
53
Baird Financial Group
Wisconsin
$401K -$61.7K -1,902 -14%
MC
54
Moors & Cabot
Massachusetts
$377K +$59.2K +1,825 +19%
CF
55
Centaurus Financial
California
$374K +$229K +7,050 +171%
Cetera Investment Advisers
56
Cetera Investment Advisers
Illinois
$373K +$30.6K +944 +9%
LNC
57
Lincoln National Corp
Pennsylvania
$371K +$844 +26 +0.2%
FHA
58
Flagship Harbor Advisors
Massachusetts
$358K -$10.4K -320 -3%
TIA
59
Tiemann Investment Advisors
California
$352K +$1.17K +36 +0.3%
WG
60
Welch Group
Alabama
$343K +$124K +3,823 +60%
First Trust Advisors
61
First Trust Advisors
Illinois
$337K +$327K +10,063 New
KWM
62
Keebeck Wealth Management
Illinois
$335K – – –
NWA
63
Navis Wealth Advisors
New York
$335K – – –
US Bancorp
64
US Bancorp
Minnesota
$334K – – –
CAC
65
Certified Advisory Corp
Florida
$333K +$323K +9,940 New
JWCA
66
J.W. Cole Advisors
Florida
$317K -$32.7K -1,008 -10%
CIAS
67
Capital Investment Advisory Services
North Carolina
$310K – – –
WS
68
Wedbush Securities
California
$288K +$66.5K +2,047 +31%
SPC
69
Sigma Planning Corp
Michigan
$282K -$98.6K -3,038 -27%
PFGIA
70
Patriot Financial Group Insurance Agency
Massachusetts
$268K +$39.7K +1,222 +18%
GWM
71
Graybill Wealth Management
Illinois
$264K +$3.08K +95 +1%
MML Investors Services
72
MML Investors Services
Massachusetts
$261K -$178K -5,489 -41%
RFC
73
Regions Financial Corp
Alabama
$256K +$4.93K +152 +2%
C
74
Certuity
Florida
$256K +$248K +7,644 New
BRWA
75
B. Riley Wealth Advisors
Florida
$253K +$245K +7,535 New
1 2
3
4 5

UTG Hedge Fund Activity: Q1 2021 in Review

128 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q1 2021, worth a combined $181M — up 3.6% from $174M a quarter earlier.

Fund positioning in UTG was balanced in Q1 2021: 20 funds opened new positions, 20 closed out, 45 added to existing stakes and 30 trimmed.

The largest buyer was Raymond James & Associates, adding an estimated $4.32M. The largest seller was Hollow Brook Wealth Management, exiting entirely with an estimated $2.74M sold.

  • 128 institutional investors held Reaves Utility Income Fund (UTG) as of Q1 2021, down from 131 in Q4 2020.
  • Funds reported $181M of Reaves Utility Income Fund stock for Q1 2021, up 3.6% quarter-over-quarter.
  • 20 funds opened new Reaves Utility Income Fund positions in Q1 2021 and 20 closed out, a net change of 0 holders.
  • The largest Reaves Utility Income Fund buyer in Q1 2021 was Raymond James & Associates, an estimated $4.32M added.
  • The largest Reaves Utility Income Fund seller in Q1 2021 was Hollow Brook Wealth Management, an estimated $2.74M sold.

Based on aggregated 13F filings for Q1 2021.