We are live on ! Find out more
UTG icon

Reaves Utility Income Fund
UTG

110 hedge funds and large institutions have $177M invested in Reaves Utility Income Fund in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 48 increasing their positions, 24 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 24

0.78% less ownership

Funds ownership: 10.96% → 10.18% (-0.78%)

1% less capital invested

Capital invested by funds: $179M → $177M (-$1.75M)

6% less funds holding

Funds holding: 117 → 110 (-7)

33% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 15

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
110
Holders Change
-7
Holders Change %
-5.98%
% of All Funds
2.39%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
10
Increased
48
Reduced
24
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Wells Fargo
Wells Fargo
California
+$2.69M
2
Ameriprise
Ameriprise
Minnesota
+$1.42M
3
Bank of America
Bank of America
North Carolina
+$1.32M
4
WANY
Wealthspire Advisors (New York)
New York
+$1.25M
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$1.24M

Top Sellers

1
PAIM
Punch & Associates Investment Management
Minnesota
-$6.54M
2
YCM
Yakira Capital Management
Connecticut
-$5.23M
3
CL
CSS LLC
Illinois
-$5.09M
4
Cohen & Steers
Cohen & Steers
New York
-$3.09M
5
RJA
Raymond James & Associates
Florida
-$2.05M
Name Holding Trade Value Shares
Change 		Change in
Stake
EFSCE
76
Enterprise Financial Services Corp (EFSC)
Missouri
$148K – – –
PA
77
Parallel Advisors
California
$138K +$49.6K +1,436 +60%
CFGS
78
Concourse Financial Group Securities
Alabama
$129K +$97.6K +2,825 +362%
JPLA
79
Joseph P. Lucia & Associates
New York
$125K +$120K +3,483 New
APA
80
American Portfolios Advisors
New York
$113K +$242 +7 +0.2%
AF
81
Advisornet Financial
Minnesota
$105K – – –
IWA
82
Intercontinental Wealth Advisors
Texas
$79K -$20.7K -600 -21%
SIAP
83
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$79K +$69 +2 +0.1%
BWM
84
BerganKDV Wealth Management
Minnesota
$72K -$7.78K -225 -10%
LWM
85
Liberty Wealth Management
California
$63K – – –
CA
86
Centerpoint Advisors
Massachusetts
$61K – – –
ASN
87
Advisory Services Network
Georgia
$54K +$27.6K +800 +114%
CIAS
88
Capital Investment Advisory Services
North Carolina
$48K – – –
QCIG
89
Quad-Cities Investment Group
Iowa
$44K -$35.5K -1,027 -46%
SNT
90
Security National Trust
West Virginia
$38K – – –
SMFS
91
Squar Milner Financial Services
California
$36K – – –
JCM
92
Jacobi Capital Management
Pennsylvania
$34K – – –
CL
93
CSS LLC
Illinois
$28K -$5.09M -147,159 -99%
CFA
94
Carroll Financial Associates
North Carolina
$25K – – –
GSWM
95
Golden State Wealth Management
California
$24K +$311 +9 +1%
NFG
96
Next Financial Group
Texas
$23K +$22.2K +642 New
PCG
97
Private Capital Group
Connecticut
$17K – – –
RE
98
RBC Europe
United Kingdom
$15K – – –
Fifth Third Bancorp
99
Fifth Third Bancorp
Ohio
$14K – – –
VFA
100
Valeo Financial Advisors
Indiana
$14K – – –
1 2 3
4
5

UTG Hedge Fund Activity: Q2 2019 in Review

110 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q2 2019, worth a combined $177M — down 0.98% from $179M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of UTG and 10 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 48 added.

The largest buyer was Wells Fargo, adding an estimated $2.69M. The largest seller was Punch & Associates Investment Management, exiting entirely with an estimated $6.54M sold.

  • 110 institutional investors held Reaves Utility Income Fund (UTG) as of Q2 2019, down from 117 in Q1 2019.
  • Funds reported $177M of Reaves Utility Income Fund stock for Q2 2019, down 0.98% quarter-over-quarter.
  • 10 funds opened new Reaves Utility Income Fund positions in Q2 2019 and 15 closed out, a net change of -5 holders.
  • The largest Reaves Utility Income Fund buyer in Q2 2019 was Wells Fargo, an estimated $2.69M added.
  • The largest Reaves Utility Income Fund seller in Q2 2019 was Punch & Associates Investment Management, an estimated $6.54M sold.

Based on aggregated 13F filings for Q2 2019.