Reaves Utility Income Fund
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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.32M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$1.59M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$560K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$540K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$487K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HBWM
Hollow Brook Wealth Management
Katonah,
New York
|
-$2.74M |
| 2 |
GIM
Guild Investment Management
Los Angeles,
California
|
-$2.12M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$983K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$857K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$699K |
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.