Reaves Utility Income Fund
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.
237% more capital inflows, than outflows
Capital inflows: $23.9M | Capital outflows: $7.09M
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
7% more funds holding
Funds holding: 128 → 137 (+9)
0.76% more ownership
Funds ownership: 9.67% → 10.43% (+0.76%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ALPS Advisors
Denver,
Colorado
|
+$5.39M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.48M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.41M |
| 4 |
Advisory Services Network
Atlanta,
Georgia
|
+$2.13M |
| 5 |
Wealthspire Advisors (New York)
New York
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Advisor Networks
El Segundo,
California
|
-$880K |
| 2 |
Sowell Financial Services
North Little Rock,
Arkansas
|
-$832K |
| 3 |
Steward Partners Investment Advisory
New York
|
-$719K |
| 4 |
Morgan Stanley
New York
|
-$635K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$552K |
UTG Hedge Fund Activity: Q2 2021 in Review
137 of the 5,769 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.