Reaves Utility Income Fund
154 hedge funds and large institutions have $454M invested in Reaves Utility Income Fund in 2022 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 48 increasing their positions, 45 reducing their positions, and 13 closing their positions.
142% more capital invested
Capital invested by funds: $188M → $454M (+$266M)
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
6% more funds holding
Funds holding: 145 → 154 (+9)
7% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 45
0.2% more ownership
Funds ownership: 10.21% → 10.4% (+0.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TF
Trek Financial
Scottsdale,
Arizona
|
+$3.51M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.35M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$822K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$751K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Paralel Advisors
Denver,
Colorado
|
-$7.12M |
| 2 |
Cohen & Steers
New York
|
-$416K |
| 3 |
LPL Financial
San Diego,
California
|
-$350K |
| 4 |
RWM
Ritholtz Wealth Management
New York
|
-$331K |
| 5 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
-$302K |
UTG Hedge Fund Activity: Q4 2022 in Review
154 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q4 2022, worth a combined $454M — up 142% from $188M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new UTG positions and 13 closed out — a net gain of 11 holders — while 48 added to existing stakes and 45 trimmed.
The largest buyer was Trek Financial, adding an estimated $3.51M. The largest seller was Paralel Advisors, exiting entirely with an estimated $7.12M sold.
- 154 institutional investors held Reaves Utility Income Fund (UTG) as of Q4 2022, up from 145 in Q3 2022.
- Funds reported $454M of Reaves Utility Income Fund stock for Q4 2022, up 142% quarter-over-quarter.
- 24 funds opened new Reaves Utility Income Fund positions in Q4 2022 and 13 closed out, a net change of +11 holders.
- The largest Reaves Utility Income Fund buyer in Q4 2022 was Trek Financial, an estimated $3.51M added.
- The largest Reaves Utility Income Fund seller in Q4 2022 was Paralel Advisors, an estimated $7.12M sold.
Based on aggregated 13F filings for Q4 2022.