We are live on ! Find out more
UTG icon

Reaves Utility Income Fund
UTG

137 hedge funds and large institutions have $199M invested in Reaves Utility Income Fund in 2021 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 47 increasing their positions, 29 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 8

62% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 29

10% more capital invested

Capital invested by funds: $181M → $199M (+$18.7M)

7% more funds holding

Funds holding: 128 → 137 (+9)

0.76% more ownership

Funds ownership: 9.67% → 10.43% (+0.76%)

Holders
137
Holders Change
+9
Holders Change %
+7.03%
% of All Funds
2.38%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
19
Increased
47
Reduced
29
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
AA
ALPS Advisors
Colorado
+$5.39M
2
Wells Fargo
Wells Fargo
California
+$3.48M
3
Ameriprise
Ameriprise
Minnesota
+$2.41M
4
ASN
Advisory Services Network
Georgia
+$2.13M
5
WANY
Wealthspire Advisors (New York)
New York
+$1.3M

Top Sellers

1
CAN
Cetera Advisor Networks
California
-$880K
2
SFS
Sowell Financial Services
Arkansas
-$832K
3
SPIA
Steward Partners Investment Advisory
New York
-$719K
4
Morgan Stanley
Morgan Stanley
New York
-$635K
5
Creative Planning
Creative Planning
Kansas
-$552K
Name Holding Trade Value Shares
Change 		Change in
Stake
HighTower Advisors
76
HighTower Advisors
Illinois
$284K +$75.4K +2,174 +35%
PFGIA
77
Patriot Financial Group Insurance Agency
Massachusetts
$283K +$8.94K +258 +3%
C
78
Certuity
Florida
$276K +$14K +404 +5%
RFC
79
Regions Financial Corp
Alabama
$263K – – –
BRWA
80
B. Riley Wealth Advisors
Florida
$261K +$2.15K +62 +0.8%
SWM
81
Spire Wealth Management
Virginia
$260K -$475K -13,714 -64%
MML Investors Services
82
MML Investors Services
Massachusetts
$255K -$12.9K -373 -5%
BFEC
83
Benjamin F. Edwards & Company
Missouri
$251K – – –
SWP
84
Stratos Wealth Partners
Ohio
$246K +$249K +7,169 New
AF
85
Advisornet Financial
Minnesota
$235K – – –
SNBOSD
86
Security National Bank of So Dak
Iowa
$222K +$224K +6,464 New
EAM
87
Evanson Asset Management
California
$220K – – –
BCM
88
Breiter Capital Management
Florida
$220K +$222K +6,400 New
MAFM
89
Mid Atlantic Financial Management
Pennsylvania
$214K -$3.26K -94 -1%
PFBT
90
Parkside Financial Bank & Trust
Missouri
$214K – – –
CIAS
91
Capital Investment Advisory Services
North Carolina
$204K -$114K -3,300 -36%
DIA
92
Dana Investment Advisors
Wisconsin
$202K +$204K +5,890 New
HB
93
Homrich & Berg
Georgia
$201K +$203K +5,862 New
HCM
94
Highlander Capital Management
New Jersey
$184K – – –
Citigroup
95
Citigroup
New York
$176K +$208 +6 +0.1%
WBC
96
West Branch Capital
Massachusetts
$120K +$121K +3,505 New
HFA
97
Hoover Financial Advisors
Pennsylvania
$119K +$46.6K +1,343 +63%
AAM
98
Advisors Asset Management
Colorado
$88K +$277 +8 +0.3%
LWANC
99
Laurel Wealth Advisors (North Carolina)
North Carolina
$88K +$2.6K +75 +3%
JPLA
100
Joseph P. Lucia & Associates
New York
$82K – – –
2 3
4
5 6

UTG Hedge Fund Activity: Q2 2021 in Review

137 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q2 2021, worth a combined $199M — up 10% from $181M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new UTG positions and 8 closed out — a net gain of 11 holders — while 47 added to existing stakes and 29 trimmed.

The largest buyer was ALPS Advisors, adding an estimated $5.39M. The largest seller was Cetera Advisor Networks, cutting an estimated $880K.

  • 137 institutional investors held Reaves Utility Income Fund (UTG) as of Q2 2021, up from 128 in Q1 2021.
  • Funds reported $199M of Reaves Utility Income Fund stock for Q2 2021, up 10% quarter-over-quarter.
  • 19 funds opened new Reaves Utility Income Fund positions in Q2 2021 and 8 closed out, a net change of +11 holders.
  • The largest Reaves Utility Income Fund buyer in Q2 2021 was ALPS Advisors, an estimated $5.39M added.
  • The largest Reaves Utility Income Fund seller in Q2 2021 was Cetera Advisor Networks, an estimated $880K sold.

Based on aggregated 13F filings for Q2 2021.