Reaves Utility Income Fund
219 hedge funds and large institutions have $438M invested in Reaves Utility Income Fund in 2025 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 93 increasing their positions, 47 reducing their positions, and 12 closing their positions.
175% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 12
98% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 47
22% more capital invested
Capital invested by funds: $360M → $438M (+$77.8M)
10% more funds holding
Funds holding: 199 → 219 (+20)
1.18% more ownership
Funds ownership: 12.57% → 13.75% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$10.9M |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$9.52M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.66M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.45M |
| 5 |
WANY
Wealthspire Advisors (New York)
New York
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.61M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.39M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$962K |
| 4 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
-$674K |
| 5 |
WIA
World Investment Advisors
Santa Barbara,
California
|
-$620K |
UTG Hedge Fund Activity: Q2 2025 in Review
219 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q2 2025, worth a combined $438M — up 22% from $360M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new UTG positions and 12 closed out — a net gain of 21 holders — while 93 added to existing stakes and 47 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $10.9M. The largest seller was Ameriprise, cutting an estimated $3.61M.
- 219 institutional investors held Reaves Utility Income Fund (UTG) as of Q2 2025, up from 199 in Q1 2025.
- Funds reported $438M of Reaves Utility Income Fund stock for Q2 2025, up 22% quarter-over-quarter.
- 33 funds opened new Reaves Utility Income Fund positions in Q2 2025 and 12 closed out, a net change of +21 holders.
- The largest Reaves Utility Income Fund buyer in Q2 2025 was Cornerstone Advisors, an estimated $10.9M added.
- The largest Reaves Utility Income Fund seller in Q2 2025 was Ameriprise, an estimated $3.61M sold.
Based on aggregated 13F filings for Q2 2025.