We are live on ! Find out more
UTG icon

Reaves Utility Income Fund
UTG

148 hedge funds and large institutions have $184M invested in Reaves Utility Income Fund in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 49 increasing their positions, 46 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 46

0.82% less ownership

Funds ownership: 10.01% → 9.18% (-0.82%)

1% less capital invested

Capital invested by funds: $186M → $184M (-$1.88M)

8% less funds holding

Funds holding: 161 → 148 (-13)

58% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 19

Holders
148
Holders Change
-13
Holders Change %
-8.07%
% of All Funds
2.32%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
49
Reduced
46
Closed
19
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
OP
ORG Partners
Indiana
+$909K
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$833K
3
CC
Claybrook Capital
Massachusetts
+$502K
4
SFS
Sowell Financial Services
Arkansas
+$492K
5
HAS
HBW Advisory Services
California
+$452K

Top Sellers

1
TF
Trek Financial
Arizona
-$2.08M
2
Morgan Stanley
Morgan Stanley
New York
-$701K
3
Osaic Holdings
Osaic Holdings
Arizona
-$529K
4
Ameriprise
Ameriprise
Minnesota
-$516K
5
Bank of Montreal
Bank of Montreal
Ontario, Canada
-$455K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
1
Bank of America
North Carolina
$20.9M +$361K +12,883 +2%
Morgan Stanley
2
Morgan Stanley
New York
$18.5M -$701K -25,028 -4%
Wells Fargo
3
Wells Fargo
California
$12.4M -$56.1K -2,004 -0.4%
Osaic Holdings
4
Osaic Holdings
Arizona
$9.16M -$529K -18,890 -5%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$8.87M +$75.9K +2,711 +0.8%
Ameriprise
6
Ameriprise
Minnesota
$7.79M -$516K -18,429 -6%
RJA
7
Raymond James & Associates
Florida
$7.24M -$203K -7,243 -3%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$6.32M -$205K -7,326 -3%
LPL Financial
9
LPL Financial
California
$5.68M +$427K +15,254 +8%
PAG
10
Private Advisor Group
New Jersey
$5.26M +$103K +3,691 +2%
UBS Group
11
UBS Group
Switzerland
$5.12M -$3.28K -117 -0.1%
GC
12
Guggenheim Capital
Illinois
$4.17M +$300K +10,720 +8%
Stifel Financial
13
Stifel Financial
Missouri
$4.13M -$2.27K -81 -0.1%
HAS
14
HBW Advisory Services
California
$3.33M +$452K +16,151 +15%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$3.23M -$149K -5,313 -4%
FWM
16
Focused Wealth Management
New York
$2.7M +$159K +5,675 +6%
WHRC
17
W.H. Reaves & Co
New Jersey
$2.61M +$48.9K +1,748 +2%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$2.43M -$144K -5,156 -5%
NFG
19
Nations Financial Group
Iowa
$2.42M -$87.7K -3,133 -3%
CAN
20
Cetera Advisor Networks
California
$2.38M +$20.6K +737 +0.9%
MFG
21
Magnus Financial Group
New York
$2.35M +$27.9K +998 +1%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$2.11M +$124K +4,443 +6%
SFS
23
Sowell Financial Services
Arkansas
$2.06M +$492K +17,583 +31%
TWM
24
Tradition Wealth Management
Minnesota
$1.92M +$143K +5,118 +8%
GLA
25
Good Life Advisors
Pennsylvania
$1.9M -$28.4K -1,016 -1%
1
2 3 4 5

UTG Hedge Fund Activity: Q2 2023 in Review

148 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q2 2023, worth a combined $184M — down 1% from $186M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of UTG and 8 opened new positions — a net loss of 11 holders — while 46 trimmed existing stakes and 49 added.

The largest buyer was ORG Partners, opening a new position worth an estimated $909K. The largest seller was Trek Financial, cutting an estimated $2.08M.

  • 148 institutional investors held Reaves Utility Income Fund (UTG) as of Q2 2023, down from 161 in Q1 2023.
  • Funds reported $184M of Reaves Utility Income Fund stock for Q2 2023, down 1% quarter-over-quarter.
  • 8 funds opened new Reaves Utility Income Fund positions in Q2 2023 and 19 closed out, a net change of -11 holders.
  • The largest Reaves Utility Income Fund buyer in Q2 2023 was ORG Partners, an estimated $909K added.
  • The largest Reaves Utility Income Fund seller in Q2 2023 was Trek Financial, an estimated $2.08M sold.

Based on aggregated 13F filings for Q2 2023.