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Reaves Utility Income Fund

201 hedge funds and large institutions have $325M invested in Reaves Utility Income Fund in 2024 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 83 increasing their positions, 41 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

102% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 41

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

67% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 18

2% more funds holding

Funds holding: 197201 (+4)

4% more capital invested

Capital invested by funds: $313M → $325M (+$12.8M)

0.94% more ownership

Funds ownership: 12.05%12.99% (+0.94%)

Holders
201
Holders Change
+4
Holders Change %
+2.03%
% of All Funds
2.65%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
30
Increased
83
Reduced
41
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$27.8M +$1.85M +56,201 +7%
Bank of America
2
Bank of America
North Carolina
$26.2M +$480K +14,586 +2%
Wells Fargo
3
Wells Fargo
California
$19M +$467K +14,189 +2%
LPL Financial
4
LPL Financial
California
$18.5M +$871K +26,496 +5%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$15.6M +$652K +19,833 +4%
Ameriprise
6
Ameriprise
Minnesota
$14.3M +$1.06M +32,311 +8%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$14.1M +$4.11M +125,072 +39%
Osaic Holdings
8
Osaic Holdings
Arizona
$12.4M +$83K +2,523 +0.6%
CAPTRUST Financial Advisors
9
CAPTRUST Financial Advisors
North Carolina
$11.3M +$5.94M +180,506 +102%
JWCA
10
J.W. Cole Advisors
Florida
$10.5M +$464K +14,118 +4%
Raymond James Financial
11
Raymond James Financial
Florida
$8.7M +$9.03M +274,632 New
OFA
12
Oak Family Advisors
Illinois
$7.98M +$2.63M +80,004 +47%
GC
13
Guggenheim Capital
Illinois
$6.77M +$326K +9,918 +5%
Stifel Financial
14
Stifel Financial
Missouri
$6.44M +$702K +21,341 +12%
SIAP
15
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$5.66M +$134K +4,077 +2%
MFG
16
Magnus Financial Group
New York
$5.51M +$238K +7,243 +4%
UBS Group
17
UBS Group
Switzerland
$4.99M +$21.4K +651 +0.4%
Cetera Investment Advisers
18
Cetera Investment Advisers
Illinois
$4.57M +$1.84K +56 +0%
PAG
19
Private Advisor Group
New Jersey
$4.51M -$1.52M -46,101 -24%
Lido Advisors
20
Lido Advisors
California
$4.43M
Mariner
21
Mariner
Kansas
$4.02M +$66.7K +2,028 +2%
JCFM
22
JBR Co Financial Management
Oklahoma
$3.9M +$216K +6,562 +6%
CPRC
23
Consolidated Portfolio Review Corp
New York
$3.11M +$43.9K +1,336 +1%
TWM
24
Tradition Wealth Management
Minnesota
$3M +$23.5K +715 +0.8%
WHRC
25
W.H. Reaves & Co
New Jersey
$2.72M +$43.7K +1,329 +2%

UTG Hedge Fund Activity: Q4 2024 in Review

201 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q4 2024, worth a combined $325M — up 4.1% from $313M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new UTG positions and 18 closed out — a net gain of 12 holders — while 83 added to existing stakes and 41 trimmed.

The largest buyer was CAPTRUST Financial Advisors, adding an estimated $5.94M. The largest seller was Sanctuary Advisors, cutting an estimated $2.79M.

  • 201 institutional investors held Reaves Utility Income Fund (UTG) as of Q4 2024, up from 197 in Q3 2024.
  • Funds reported $325M of Reaves Utility Income Fund stock for Q4 2024, up 4.1% quarter-over-quarter.
  • 30 funds opened new Reaves Utility Income Fund positions in Q4 2024 and 18 closed out, a net change of +12 holders.
  • The largest Reaves Utility Income Fund buyer in Q4 2024 was CAPTRUST Financial Advisors, an estimated $5.94M added.
  • The largest Reaves Utility Income Fund seller in Q4 2024 was Sanctuary Advisors, an estimated $2.79M sold.

Based on aggregated 13F filings for Q4 2024.