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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
BFEC
76
Benjamin F. Edwards & Company
Missouri
$245K -$26K -800 -10%
AF
77
Advisornet Financial
Minnesota
$229K +$45.5K +1,400 +26%
SNBOSCI
78
Security National Bank of Sioux City Iowa
Iowa
$217K -$24.3K -750 -10%
1832 Asset Management
79
1832 Asset Management
Ontario, Canada
$214K +$208K +6,400 New
EAM
80
Evanson Asset Management
California
$214K +$208K +6,400 New
MAFM
81
Mid Atlantic Financial Management
Pennsylvania
$212K +$206K +6,341 New
PFBT
82
Parkside Financial Bank & Trust
Missouri
$209K -$34.6K -1,065 -15%
HighTower Advisors
83
HighTower Advisors
Illinois
$206K +$199K +6,135 New
HCM
84
Highlander Capital Management
New Jersey
$179K – – –
Citigroup
85
Citigroup
New York
$171K +$195 +6 +0.1%
VFA
86
Valeo Financial Advisors
Indiana
$155K – – –
EP
87
Eudaimonia Partners
Tennessee
$131K – – –
TCWM
88
Total Clarity Wealth Management
Illinois
$92K +$89.2K +2,748 New
AAM
89
Advisors Asset Management
Colorado
$85K -$699K -21,517 -89%
LWANC
90
Laurel Wealth Advisors (North Carolina)
North Carolina
$84K – – –
JPLA
91
Joseph P. Lucia & Associates
New York
$80K -$14.2K -437 -16%
SIAP
92
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$75K +$97 +3 +0.1%
HFA
93
Hoover Financial Advisors
Pennsylvania
$75K +$32.6K +1,003 +89%
CA
94
Centerpoint Advisors
Massachusetts
$57K – – –
LWM
95
Liberty Wealth Management
California
$57K – – –
Fifth Third Bancorp
96
Fifth Third Bancorp
Ohio
$45K – – –
GWM
97
Geneos Wealth Management
Colorado
$45K +$38.3K +1,181 +826%
APA
98
American Portfolios Advisors
New York
$40.4K – – –
SNT
99
Security National Trust
West Virginia
$36K – – –
VNA
100
Valley National Advisers
Pennsylvania
$34K -$17.9K -550 -35%
2 3
4
5 6

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.