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Reaves Utility Income Fund

UTG
Exchange
NYSE
SEC CIK
0001263994

No open-market purchases or sales by Reaves Utility Income Fund insiders were filed in the last 90 days; 267 institutions reported holding it in 13F filings for Q2 2026, worth $557.6M in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in Reaves Utility Income Fund as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
220
+21 vs. Q1 2025
Shares held
12.1M
+1.03M (+9.3%) vs. Q1 2025
Total value
$437.5M
+$77.6M (+21.6%) vs. Q1 2025
New holders
33
93 more added
Sold out
12
47 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting UTG on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 220 institutions
Q1 2021: 128 institutionsQ2 2021: 137 institutionsQ3 2021: 151 institutionsQ4 2021: 160 institutionsQ1 2022: 159 institutionsQ2 2022: 152 institutionsQ3 2022: 146 institutionsQ4 2022: 156 institutionsQ1 2023: 163 institutionsQ2 2023: 150 institutionsQ3 2023: 146 institutionsQ4 2023: 160 institutionsQ1 2024: 167 institutionsQ2 2024: 170 institutionsQ3 2024: 199 institutionsQ4 2024: 202 institutionsQ1 2025: 200 institutionsQ2 2025: 220 institutionsQ3 2025: 239 institutionsQ4 2025: 240 institutionsQ1 2026: 241 institutionsQ2 2026: 267 institutions
Value heldQ2 2025: $437.5M
Q1 2021: $180.6MQ2 2021: $199.3MQ3 2021: $201.8MQ4 2021: $225.8MQ1 2022: $227.2MQ2 2022: $210.9MQ3 2022: $189.3MQ4 2022: $195.0MQ1 2023: $193.2MQ2 2023: $184.5MQ3 2023: $167.7MQ4 2023: $201.2MQ1 2024: $215.4MQ2 2024: $232.9MQ3 2024: $313.1MQ4 2024: $325.4MQ1 2025: $359.9MQ2 2025: $437.5MQ3 2025: $496.6MQ4 2025: $444.2MQ1 2026: $497.4MQ2 2026: $557.6M
Institutions holding UTG and their total value by quarter
QuarterHoldersValue
Q2 2026267$557.6M
Q1 2026241$497.4M
Q4 2025240$444.2M
Q3 2025239$496.6M
Q2 2025220$437.5M
Q1 2025200$359.9M
Q4 2024202$325.4M
Q3 2024199$313.1M
Q2 2024170$232.9M
Q1 2024167$215.4M
Q4 2023160$201.2M
Q3 2023146$167.7M
Q2 2023150$184.5M
Q1 2023163$193.2M
Q4 2022156$195.0M
Q3 2022146$189.3M
Q2 2022152$210.9M
Q1 2022159$227.2M
Q4 2021160$225.8M
Q3 2021151$201.8M
Q2 2021137$199.3M
Q1 2021128$180.6M

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Reaves Utility Income Fund; share changes are against Q1 2025.

Institutions holding UTG in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bank of America Corp1,043,401$37.8M0.00%+109,614+11.7%Added
Morgan Stanley975,172$35.3M0.00%+14,733+1.5%Added
Cornerstone Advisors, LLC732,485$26.5M0.91%+325,939+80.2%Added
Wells Fargo & Company632,944$22.9M0.01%+8,312+1.3%Added
LPL Financial LLC616,607$22.3M0.01%+17,406+2.9%Added
Commonwealth Equity Services, LLC509,049$18.4M0.02%+19,474+4.0%Added
Royal Bank of Canada493,887$17.9M0.00%−7,258−1.4%Reduced
Ameriprise Financial Inc382,317$13.8M0.00%−107,966−22.0%Reduced
J.W. Cole Advisors, Inc.362,956$13.1M0.28%+285,103+366.2%Added
Captrust Financial Advisors359,116$13.0M0.03%−8,079−2.2%Reduced
Raymond James Financial Inc287,238$10.4M0.00%+43,358+17.8%Added
Stifel Financial Corp255,169$9.23M0.01%+31,446+14.1%Added
Oak Family Advisors, LLC249,394$9.02M3.27%−18,493−6.9%Reduced
Advisor Group Holdings, Inc.237,084$8.58M0.02%+3,165+1.4%Added
Magnus Financial Group LLC203,951$7.38M0.65%+16,876+9.0%Added
Sterling Investment Advisors, Ltd.192,359$6.96M1.53%+7,178+3.9%Added
UBS Group AG188,829$6.83M0.00%+13,284+7.6%Added
Guggenheim Capital LLC178,906$6.47M0.05%−41,466−18.8%Reduced
Cetera Investment Advisers150,407$5.44M0.01%+1,096+0.7%Added
Lido Advisors, LLC150,194$5.43M0.03%+822+0.6%Added
Private Advisor Group, LLC140,633$5.09M0.03%+9,141+7.0%Added
Consolidated Portfolio Review Corp132,011$4.78M0.66%−20,177−13.3%Reduced
JBR Co Financial Management Inc131,812$4.77M2.35%−4,302−3.2%Reduced
Mariner, LLC128,952$4.67M0.01%+3,097+2.5%Added
GWM Advisors LLC111,791$4.04M0.02%+33,237+42.3%Added
Tradition Wealth Management, LLC98,261$3.56M0.28%+1,361+1.4%Added
Wealthspire Advisors, LLC97,683$3.53M0.02%+38,145+64.1%Added
Janney Montgomery Scott LLC93,563$3.38M0.01%+25,178+36.8%Added
Cambridge Investment Research Advisors, Inc.91,696$3.32M0.01%+3,398+3.8%Added
Reaves W H & Co Inc88,623$3.21M0.07%+1,431+1.6%Added
Independent Financial Group, LLC87,375$3.16M0.09%+3,335+4.0%Added
Smith Asset Management Co., LLC79,937$2.89M2.50%−723−0.9%Reduced
Wealth Effects LLC69,699$2.52M0.94%+99+0.1%Added
LongView Wealth Management69,680$2.52M0.76%+68+0.1%Added
Good Life Advisors, LLC67,552$2.44M0.15%+966+1.5%Added
Oppenheimer & Co Inc58,928$2.13M0.03%+8,819+17.6%Added
Northwestern Mutual Wealth Management Co58,209$2.11M0.00%+4,089+7.6%Added
Sowell Financial Services LLC57,609$2.08M0.08%−342−0.6%Reduced
Change Path, LLC57,193$2.07M0.05%−5,860−9.3%Reduced
Wealth Enhancement Advisory Services, LLC54,707$1.97M0.00%+7,733+16.5%Added
Centaurus Financial, Inc.54,102$1.96M0.11%−1,412−2.5%Reduced
NBC Securities, Inc.51,173$1.85M0.15%−4,436−8.0%Reduced
Atria Wealth Solutions, Inc.50,949$1.84M0.04%−12,051−19.1%Reduced
XML Financial, LLC49,655$1.80M0.16%+1,735+3.6%Added
First Trust Advisors LP41,144$1.49M0.00%−186−0.5%Reduced
Stratos Wealth Partners, LTD.40,375$1.46M0.02%+7,221+21.8%Added
Pensionmark Financial Group, LLC40,221$1.46M0.03%−18,571−31.6%Reduced
Kestra Advisory Services, LLC36,177$1.31M0.01%+1,000+2.8%Added
Wedbush Securities Inc36,009$1.30M0.05%+2,724+8.2%Added
Kercheville Advisors, LLC34,770$1.26M0.43%−767−2.2%Reduced
The PNC Financial Services Group, Inc.34,599$1.25M0.00%+16,068+86.7%Added
Beacon Capital Management, Inc.34,500$1.25M0.06%+10,500+43.8%Added
Integrity Alliance, LLC.33,623$1.22M0.07%+2,866+9.3%Added
Steward Partners Investment Advisory, LLC32,998$1.19M0.01%+1,884+6.1%Added
HBW Advisory Services LLC32,143$1.16M0.14%+333+1.0%Added
AlphaCore Capital LLC30,825$1.12M0.04%+2,609+9.2%Added
Sigma Planning Corp28,890$1.05M0.03%+203+0.7%Added
Carnegie Lake Advisors LLC28,609$1.03M0.41%−2,351−7.6%Reduced
Strategic Family Wealth Counselors, L.L.C.28,073$1.02M0.29%−188−0.7%Reduced
Stephens Inc26,913$973.7K0.01%+1,375+5.4%Added
NWF Advisory Services Inc.26,762$968.2K0.12%+1,522+6.0%Added
Future Financial Wealth Managment LLC26,170$946.8K0.65%+470+1.8%Added
Merrion Investment Management Co, LLC25,000$904.5K0.59%00.0%Unchanged
Atlanta Consulting Group Advisors, LLC24,534$887.6K0.24%+53+0.2%Added
Vivaldi Capital Management, LLC24,350$881.0K0.13%00.0%Unchanged
Creative Planning23,109$836.1K0.00%+764+3.4%Added
Westbourne Investment Advisors, Inc.22,900$828.5K0.25%+22,900New
CWM, LLC22,769$824.0K0.00%+525+2.4%Added
Brookstone Capital Management22,606$817.9K0.01%+1,533+7.3%Added
Welch Group, LLC22,500$814.0K0.03%+3,483+18.3%Added
Newbridge Financial Services Group, Inc.22,283$806.2K0.13%+22,283New
Armor Investment Advisors, LLC21,050$761.6K0.29%+915+4.5%Added
Walleye Capital LLC20,496$741.5K0.01%+20,496New
Advisory Services Network, LLC19,185$734.4K0.01%+28+0.1%Added
Cohen & Steers, Inc.20,000$724.0K0.00%+20,000New
Samalin Investment Counsel, LLC19,814$716.9K0.28%+254+1.3%Added
Atlas Brown,Inc.19,579$708.4K0.23%−1,221−5.9%Reduced
Prospera Financial Services Inc19,496$705.4K0.01%+1,795+10.1%Added
Comerica Bank19,164$693.4K0.00%+320+1.7%Added
Sanctuary Advisors, LLC17,956$649.7K0.00%+1,421+8.6%Added
Sunpointe, LLC17,774$643.0K0.26%−5,955−25.1%Reduced
MML Investors Services, LLC17,658$639.0K0.00%−3,490−16.5%Reduced
HighTower Advisors, LLC17,207$622.5K0.00%−913−5.0%Reduced
Davenport & Co LLC17,087$618.2K0.00%+3,946+30.0%Added
AE Wealth Management LLC16,802$607.9K0.00%−389−2.3%Reduced
Monetary Management Group Inc16,400$593.4K0.15%+9,400+134.3%Added
Avantax Advisory Services, Inc.16,096$582.3K0.00%+428+2.7%Added
Nations Financial Group Inc,15,575$563.5K0.04%00.0%Unchanged
Envestnet Asset Management Inc15,474$559.9K0.00%+78+0.5%Added
Maridea Wealth Management LLC15,310$553.9K0.14%+282+1.9%Added
Certified Advisory Corp15,246$551.6K0.06%−2,076−12.0%Reduced
Castle Rock Wealth Management, LLC14,736$548.6K0.13%+14,736New
Mercer Global Advisors Inc14,849$537.2K0.00%+3,091+26.3%Added
XTX Topco Ltd14,844$537.1K0.02%+14,844New
Sound View Wealth Advisors Group, LLC14,725$532.7K0.04%−884−5.7%Reduced
PFG Investments, LLC14,280$516.7K0.03%+573+4.2%Added
Walled Lake Planning & Wealth Management, LLC14,045$508.1K0.17%+3,175+29.2%Added
Jane Street Group, LLC14,039$507.9K0.00%+14,039New
Belpointe Asset Management LLC14,011$506.9K0.02%−1,054−7.0%Reduced
We Are One Seven, LLC13,726$496.6K0.02%+555+4.2%Added