Reaves Utility Income Fund
265 hedge funds and large institutions have $558M invested in Reaves Utility Income Fund in 2026 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 107 increasing their positions, 52 reducing their positions, and 13 closing their positions.
215% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 13
106% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 52
11% more capital invested
Capital invested by funds: $501M → $558M (+$57.2M)
10% more funds holding
Funds holding: 240 → 265 (+25)
1.12% more ownership
Funds ownership: 13.86% → 14.98% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$13.5M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$7.92M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$3.8M |
| 4 |
Morgan Stanley
New York
|
+$2.77M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.25M |
| 2 |
Lido Advisors
Los Angeles,
California
|
-$2.18M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.83M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$563K |
UTG Hedge Fund Activity: Q2 2026 in Review
265 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q2 2026, worth a combined $558M — up 11% from $501M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new UTG positions and 13 closed out — a net gain of 28 holders — while 107 added to existing stakes and 52 trimmed.
The largest buyer was J.W. Cole Advisors, opening a new position worth an estimated $13.5M. The largest seller was Bank of America, cutting an estimated $2.25M.
- 265 institutional investors held Reaves Utility Income Fund (UTG) as of Q2 2026, up from 240 in Q1 2026.
- Funds reported $558M of Reaves Utility Income Fund stock for Q2 2026, up 11% quarter-over-quarter.
- 41 funds opened new Reaves Utility Income Fund positions in Q2 2026 and 13 closed out, a net change of +28 holders.
- The largest Reaves Utility Income Fund buyer in Q2 2026 was J.W. Cole Advisors, an estimated $13.5M added.
- The largest Reaves Utility Income Fund seller in Q2 2026 was Bank of America, an estimated $2.25M sold.
Based on aggregated 13F filings for Q2 2026.