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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
CFN
126
Cordasco Financial Network
Florida
$12K – – –
GI
127
Gradient Investments
Minnesota
$12K – – –
DAM
128
Delta Asset Management
Tennessee
$10K – – –
RIA
129
RPG Investment Advisory
California
$10K – – –
AssetMark Inc
130
AssetMark Inc
California
$9K +$8.98K +259 New
EVM
131
Eaton Vance Management
Massachusetts
$8K – – –
M
132
MOTCO
Texas
$7K – – –
KFI
133
Key Financial Inc
Pennsylvania
$5K – – –
Carson Wealth (CWM LLC)
134
Carson Wealth (CWM LLC)
Nebraska
$4K – – –
TFS
135
TrustCore Financial Services
Tennessee
$4K +$69 +2 +2%
KWM
136
Keebeck Wealth Management
Illinois
– -$335K -10,000 Closed
SNBOSCI
137
Security National Bank of Sioux City Iowa
Iowa
– -$217K -6,464 Closed
EP
138
Eudaimonia Partners
Tennessee
– -$131K -3,925 Closed
TCWM
139
Total Clarity Wealth Management
Illinois
– -$92K -2,748 Closed
VNA
140
Valley National Advisers
Pennsylvania
– -$34K -1,000 Closed
IAIM
141
International Assets Investment Management
Florida
– -$16K -480 Closed
CTC
142
Central Trust Company
Missouri
– -$7K -200 Closed
GAM
143
Grandview Asset Management
Pennsylvania
– -$7K -200 Closed
Fidelity Investments
144
Fidelity Investments
Massachusetts
– -$35 -1 -50%
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.