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Reaves Utility Income Fund

240 hedge funds and large institutions have $501M invested in Reaves Utility Income Fund in 2026 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 110 increasing their positions, 48 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 48

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

47% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 19

13% more capital invested

Capital invested by funds: $444M → $501M (+$56.5M)

1% more funds holding

Funds holding: 238240 (+2)

0.28% less ownership

Funds ownership: 14.14%13.86% (-0.28%)

Holders
240
Holders Change
+2
Holders Change %
+0.84%
% of All Funds
2.96%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
28
Increased
110
Reduced
48
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$53.5M +$11.4M +290,771 +27%
Morgan Stanley
2
Morgan Stanley
New York
$44.7M +$2.7M +68,963 +6%
LPL Financial
3
LPL Financial
California
$32.2M +$1.56M +39,970 +5%
Wells Fargo
4
Wells Fargo
California
$27.8M +$1.11M +28,289 +4%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$22.6M +$1.6M +41,008 +8%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$16.7M -$4.13M -105,774 -20%
CAPTRUST Financial Advisors
7
CAPTRUST Financial Advisors
North Carolina
$14.4M +$887K +22,695 +7%
Raymond James Financial
8
Raymond James Financial
Florida
$14.1M +$1.2M +30,736 +9%
Ameriprise
9
Ameriprise
Minnesota
$13M -$1.43M -36,674 -10%
Stifel Financial
10
Stifel Financial
Missouri
$11.7M +$579K +14,814 +5%
UBS Group
11
UBS Group
Switzerland
$10.3M +$1.61M +41,260 +19%
Osaic Holdings
12
Osaic Holdings
Arizona
$9.96M -$66.3K -1,697 -0.7%
GBFG
13
Gerald Baker Financial Group
Texas
$9.31M +$9.26M +236,955 New
OFA
14
Oak Family Advisors
Illinois
$9.05M +$241K +6,174 +3%
MFG
15
Magnus Financial Group
New York
$9.04M -$58.2K -1,489 -0.6%
SIAP
16
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$7.56M +$121K +3,096 +2%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$6.49M -$130K -3,322 -2%
WANY
18
Wealthspire Advisors (New York)
New York
$5.97M +$295K +7,559 +5%
Lido Advisors
19
Lido Advisors
California
$5.92M +$21.7K +554 +0.4%
PAG
20
Private Advisor Group
New Jersey
$5.44M -$30.2K -772 -0.6%
GC
21
Guggenheim Capital
Illinois
$5.21M -$32.6K -835 -0.6%
JCFM
22
JBR Co Financial Management
Oklahoma
$5.2M
Mariner
23
Mariner
Kansas
$4.37M -$303K -7,762 -7%
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$4.37M +$152K +3,883 +4%
HAS
25
HBW Advisory Services
California
$4.36M +$74K +1,893 +2%