Reaves Utility Income Fund
160 hedge funds and large institutions have $227M invested in Reaves Utility Income Fund in 2022 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 59 increasing their positions, 29 reducing their positions, and 23 closing their positions.
103% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 29
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
1% more capital invested
Capital invested by funds: $226M → $227M (+$1.48M)
0% more funds holding
Funds holding: 160 → 160 (0)
0.16% less ownership
Funds ownership: 9.87% → 9.71% (-0.16%)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$1.44M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.38M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.31M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.02M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$957K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
176
TAP Consulting
Kirkwood,
Missouri
| – | -$60K | -1,715 | Closed |
|
|
EVM
177
Eaton Vance Management
Boston,
Massachusetts
| – | -$18K | -520 | Closed |
|
|
PA
178
PSI Advisors
Tampa,
Florida
| – | -$11K | -300 | Closed |
|
|
DAM
179
Delta Asset Management
Memphis,
Tennessee
| – | -$10K | -291 | Closed |
|
180
AssetMark Inc
Concord,
California
| – | -$9K | -259 | Closed |
|
|
OF
181
Outfitter Financial
Brunswick,
Maine
| – | -$7K | -200 | Closed |
|
|
AWA
182
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
| – | -$3K | -100 | Closed |
|
183
Fidelity Investments
Boston,
Massachusetts
| – | -$664 | -20 | -95% |
|
UTG Hedge Fund Activity: Q1 2022 in Review
160 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q1 2022, worth a combined $227M — up 0.65% from $226M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new UTG positions and 23 closed out — a net gain of 3 holders — while 59 added to existing stakes and 29 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.44M. The largest seller was Ahrens Investment Partners, cutting an estimated $1.42M.
- 160 institutional investors held Reaves Utility Income Fund (UTG) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $227M of Reaves Utility Income Fund stock for Q1 2022, up 0.65% quarter-over-quarter.
- 26 funds opened new Reaves Utility Income Fund positions in Q1 2022 and 23 closed out, a net change of +3 holders.
- The largest Reaves Utility Income Fund buyer in Q1 2022 was Morgan Stanley, an estimated $1.44M added.
- The largest Reaves Utility Income Fund seller in Q1 2022 was Ahrens Investment Partners, an estimated $1.42M sold.
Based on aggregated 13F filings for Q1 2022.