Reaves Utility Income Fund
UTG
158 hedge funds and large institutions have $220M invested in Reaves Utility Income Fund in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 52 increasing their positions, 40 reducing their positions, and 16 closing their positions.
94% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 16
32% more capital invested
Capital invested by funds: $167M → $220M (+$52.9M)
30% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 40
10% more funds holding
Funds holding: 144 → 158 (+14)
2.05% more ownership
Funds ownership: 9.3% → 11.34% (+2%)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$19M |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$5.66M |
| 3 |
SIAP
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
|
+$3.15M |
| 4 |
Lido Advisors
Los Angeles,
California
|
+$2.77M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.43M |
Top Sellers
UTG Hedge Fund Activity: Q4 2023 in Review
158 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q4 2023, worth a combined $220M — up 32% from $167M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new UTG positions and 16 closed out — a net gain of 15 holders — while 52 added to existing stakes and 40 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19M. The largest seller was Trek Financial, exiting entirely with an estimated $3.76M sold.
- 158 institutional investors held Reaves Utility Income Fund (UTG) as of Q4 2023, up from 144 in Q3 2023.
- Funds reported $220M of Reaves Utility Income Fund stock for Q4 2023, up 32% quarter-over-quarter.
- 31 funds opened new Reaves Utility Income Fund positions in Q4 2023 and 16 closed out, a net change of +15 holders.
- The largest Reaves Utility Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $19M added.
- The largest Reaves Utility Income Fund seller in Q4 2023 was Trek Financial, an estimated $3.76M sold.
Based on aggregated 13F filings for Q4 2023.