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Reaves Utility Income Fund

107 hedge funds and large institutions have $293M invested in Reaves Utility Income Fund in 2017 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 38 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

533% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 6

214% more capital invested

Capital invested by funds: $93.4M → $293M (+$200M)

171% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 14

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

43% more funds holding

Funds holding: 75107 (+32)

19.47% more ownership

Funds ownership: 8.58%28.05% (+19%)

Holders
107
Holders Change
+32
Holders Change %
+42.67%
% of All Funds
2.43%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
38
Increased
38
Reduced
14
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$67.7M +$68M +2,186,999 New
YCM
2
Yakira Capital Management
Connecticut
$46.1M +$46.1M +1,481,156 +14,843%
Bank of America
3
Bank of America
North Carolina
$14.1M +$1.56M +50,096 +12%
Janus Henderson Group
4
Janus Henderson Group
United Kingdom
$13.9M +$13.9M +448,133 New
Morgan Stanley
5
Morgan Stanley
New York
$13.4M +$2.54M +81,568 +23%
BCM
6
Bluefin Capital Management
New York
$10.1M +$10.2M +327,965 New
RCM
7
Rivernorth Capital Management
Florida
$10M +$10.1M +323,907 New
Cohen & Steers
8
Cohen & Steers
New York
$9.6M +$7.69M +247,215 +392%
Wells Fargo
9
Wells Fargo
California
$9.35M +$3.26M +104,768 +53%
GC
10
Guggenheim Capital
Illinois
$7.79M +$1.31M +42,131 +20%
COLIM
11
City of London Investment Management
United Kingdom
$6.13M +$6.17M +198,382 New
1832 Asset Management
12
1832 Asset Management
Ontario, Canada
$5.1M +$5.15M +165,641 New
WHRC
13
W.H. Reaves & Co
New Jersey
$4.77M +$1.8M +57,791 +60%
Stifel Financial
14
Stifel Financial
Missouri
$4.73M +$3.6M +115,787 +313%
CL
15
CSS LLC
Illinois
$4.59M +$4.62M +148,449 New
LTFS
16
Ladenburg Thalmann Financial Services
Florida
$4.43M +$405K +13,015 +10%
WAM
17
Wolverine Asset Management
Illinois
$3.96M +$3.98M +127,939 New
UBS Group
18
UBS Group
Switzerland
$3.76M +$1.68M +54,123 +80%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$3.51M -$29.7K -954 -0.8%
GWM
20
Graybill Wealth Management
Illinois
$3.08M +$214K +6,875 +7%
HBWM
21
Hollow Brook Wealth Management
New York
$2.94M -$247K -7,940 -8%
RJA
22
Raymond James & Associates
Florida
$2.91M +$864K +27,782 +42%
RCM
23
Robinson Capital Management
Michigan
$2.77M +$2.78M +89,482 New
AAM
24
Advisors Asset Management
Colorado
$2.6M +$1.56M +50,007 +147%
Bank of Nova Scotia
25
Bank of Nova Scotia
Ontario, Canada
$2.6M +$1.01M +32,565 +63%