Reaves Utility Income Fund
151 hedge funds and large institutions have $202M invested in Reaves Utility Income Fund in 2021 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 29 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
100% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 29
10% more funds holding
Funds holding: 137 → 151 (+14)
1% more capital invested
Capital invested by funds: $199M → $202M (+$2.51M)
0.62% more ownership
Funds ownership: 10.43% → 11.05% (+0.62%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
+$3.41M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$3.19M |
| 3 |
HAS
HBW Advisory Services
Simi Valley,
California
|
+$2.52M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.85M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$931K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.28M |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$874K |
| 3 |
FF
FourThought Financial
Venice,
Florida
|
-$829K |
| 4 |
WANY
Wealthspire Advisors (New York)
New York
|
-$716K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$564K |
UTG Hedge Fund Activity: Q3 2021 in Review
151 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q3 2021, worth a combined $202M — up 1.3% from $199M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new UTG positions and 8 closed out — a net gain of 16 holders — while 58 added to existing stakes and 29 trimmed.
The largest buyer was Nations Financial Group, opening a new position worth an estimated $3.41M. The largest seller was Wells Fargo, cutting an estimated $3.28M.
- 151 institutional investors held Reaves Utility Income Fund (UTG) as of Q3 2021, up from 137 in Q2 2021.
- Funds reported $202M of Reaves Utility Income Fund stock for Q3 2021, up 1.3% quarter-over-quarter.
- 24 funds opened new Reaves Utility Income Fund positions in Q3 2021 and 8 closed out, a net change of +16 holders.
- The largest Reaves Utility Income Fund buyer in Q3 2021 was Nations Financial Group, an estimated $3.41M added.
- The largest Reaves Utility Income Fund seller in Q3 2021 was Wells Fargo, an estimated $3.28M sold.
Based on aggregated 13F filings for Q3 2021.