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, Q3 2025
Institutional positions in Reaves Utility Income Fund as of Sep 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
- 239
- +23 vs. Q2 2025
- Shares held
- 12.5M
- +583.7K (+4.9%) vs. Q2 2025
- Total value
- $496.6M
- +$64.1M (+14.8%) vs. Q2 2025
- New holders
- 33
- 97 more added
- Sold out
- 10
- 56 more reduced
4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 267 | $557.6M |
| Q1 2026 | 241 | $497.4M |
| Q4 2025 | 240 | $444.2M |
| Q3 2025 | 239 | $496.6M |
| Q2 2025 | 220 | $437.5M |
| Q1 2025 | 200 | $359.9M |
| Q4 2024 | 202 | $325.4M |
| Q3 2024 | 199 | $313.1M |
| Q2 2024 | 170 | $232.9M |
| Q1 2024 | 167 | $215.4M |
| Q4 2023 | 160 | $201.2M |
| Q3 2023 | 146 | $167.7M |
| Q2 2023 | 150 | $184.5M |
| Q1 2023 | 163 | $193.2M |
| Q4 2022 | 156 | $195.0M |
| Q3 2022 | 146 | $189.3M |
| Q2 2022 | 152 | $210.9M |
| Q1 2022 | 159 | $227.2M |
| Q4 2021 | 160 | $225.8M |
| Q3 2021 | 151 | $201.8M |
| Q2 2021 | 137 | $199.3M |
| Q1 2021 | 128 | $180.6M |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Reaves Utility Income Fund; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Bank of America Corp | 1,095,850 | $43.4M | 0.00% | +52,449+5.0% | Added |
| Morgan Stanley | 1,002,079 | $39.7M | 0.00% | +26,907+2.8% | Added |
| Cornerstone Advisors, LLC | 768,185 | $30.4M | 1.00% | +35,700+4.9% | Added |
| LPL Financial LLC | 686,184 | $27.2M | 0.01% | +69,577+11.3% | Added |
| Wells Fargo & Company | 660,370 | $26.2M | 0.01% | +27,426+4.3% | Added |
| Royal Bank of Canada | 520,399 | $20.6M | 0.00% | +26,512+5.4% | Added |
| Commonwealth Equity Services, LLC | 508,238 | $20.1M | 0.03% | −811−0.2% | Reduced |
| Ameriprise Financial Inc | 377,836 | $15.0M | 0.00% | −4,481−1.2% | Reduced |
| J.W. Cole Advisors, Inc. | 365,774 | $14.5M | 0.28% | +2,818+0.8% | Added |
| Captrust Financial Advisors | 355,691 | $14.1M | 0.03% | −3,425−1.0% | Reduced |
| Raymond James Financial Inc | 312,742 | $12.4M | 0.00% | +25,504+8.9% | Added |
| Stifel Financial Corp | 263,609 | $10.4M | 0.01% | +8,440+3.3% | Added |
| Advisor Group Holdings, Inc. | 244,872 | $9.51M | 0.01% | +7,788+3.3% | Added |
| Magnus Financial Group LLC | 229,669 | $9.10M | 0.72% | +25,718+12.6% | Added |
| Oak Family Advisors, LLC | 221,173 | $8.76M | 2.84% | −28,221−11.3% | Reduced |
| UBS Group AG | 200,390 | $7.94M | 0.00% | +11,561+6.1% | Added |
| Sterling Investment Advisors, Ltd. | 190,855 | $7.56M | 1.47% | −1,504−0.8% | Reduced |
| Cetera Investment Advisers | 179,565 | $7.11M | 0.01% | +29,158+19.4% | Added |
| Guggenheim Capital LLC | 161,740 | $6.41M | 0.05% | −17,166−9.6% | Reduced |
| Lido Advisors, LLC | 150,035 | $5.94M | 0.02% | −159−0.1% | Reduced |
| JBR Co Financial Management Inc | 144,214 | $5.71M | 2.42% | +12,402+9.4% | Added |
| Private Advisor Group, LLC | 141,421 | $5.60M | 0.03% | +788+0.6% | Added |
| Absolute Investment Advisers LLC | 129,661 | $5.14M | 0.65% | +129,661 | New |
| Mariner, LLC | 129,280 | $5.12M | 0.01% | +328+0.3% | Added |
| GWM Advisors LLC | 112,619 | $4.46M | 0.02% | +828+0.7% | Added |
| Janney Montgomery Scott LLC | 100,403 | $3.98M | 0.01% | +6,840+7.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 97,605 | $3.87M | 0.01% | +5,909+6.4% | Added |
| Independent Financial Group, LLC | 87,116 | $3.45M | 0.08% | −259−0.3% | Reduced |
| Reaves W H & Co Inc | 82,060 | $3.25M | 0.06% | −6,563−7.4% | Reduced |
| Tradition Wealth Management, LLC | 81,375 | $3.22M | 0.24% | −16,886−17.2% | Reduced |
| Smith Asset Management Co., LLC | 79,260 | $3.14M | 2.67% | −677−0.8% | Reduced |
| Wealth Effects LLC | 70,245 | $2.78M | 0.89% | +546+0.8% | Added |
| LongView Wealth Management | 69,745 | $2.76M | 0.75% | +65+0.1% | Added |
| Consolidated Portfolio Review Corp | 64,774 | $2.61M | 0.33% | −67,237−50.9% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 61,125 | $2.48M | 0.00% | +6,418+11.7% | Added |
| Oppenheimer & Co Inc | 60,421 | $2.39M | 0.03% | +1,493+2.5% | Added |
| Sowell Financial Services LLC | 58,869 | $2.33M | 0.09% | +1,260+2.2% | Added |
| Northwestern Mutual Wealth Management Co | 56,384 | $2.23M | 0.00% | −1,825−3.1% | Reduced |
| Centaurus Financial, Inc. | 54,159 | $2.15M | 0.10% | +57+0.1% | Added |
| NBC Securities, Inc. | 52,236 | $2.07M | 0.16% | +1,063+2.1% | Added |
| First Trust Advisors LP | 48,686 | $1.93M | 0.00% | +7,542+18.3% | Added |
| Kestra Advisory Services, LLC | 48,282 | $1.91M | 0.01% | +12,105+33.5% | Added |
| Quarry LP | 47,913 | $1.90M | 0.46% | +47,913 | New |
| XML Financial, LLC | 47,470 | $1.88M | 0.15% | −2,185−4.4% | Reduced |
| Stratos Wealth Partners, LTD. | 45,629 | $1.81M | 0.02% | +5,254+13.0% | Added |
| Pensionmark Financial Group, LLC | 45,490 | $1.80M | 0.04% | +5,269+13.1% | Added |
| The PNC Financial Services Group, Inc. | 44,378 | $1.76M | 0.00% | +9,779+28.3% | Added |
| Kercheville Advisors, LLC | 42,979 | $1.70M | 0.51% | +8,209+23.6% | Added |
| Change Path, LLC | 41,108 | $1.63M | 0.04% | −16,085−28.1% | Reduced |
| Griffin Asset Management, Inc. | 39,750 | $1.57M | 0.18% | +39,750 | New |
| NWF Advisory Services Inc. | 39,688 | $1.57M | 0.17% | +12,926+48.3% | Added |
| Strategic Family Wealth Counselors, L.L.C. | 37,764 | $1.50M | 0.39% | +9,691+34.5% | Added |
| HBW Advisory Services LLC | 36,647 | $1.45M | 0.16% | +4,504+14.0% | Added |
| Integrity Alliance, LLC. | 35,933 | $1.42M | 0.07% | +2,310+6.9% | Added |
| Wedbush Securities Inc | 35,221 | $1.40M | 0.05% | −788−2.2% | Reduced |
| Beacon Capital Management, Inc. | 34,500 | $1.37M | 0.07% | 00.0% | Unchanged |
| Sigma Planning Corp | 31,960 | $1.27M | 0.04% | +3,070+10.6% | Added |
| Steward Partners Investment Advisory, LLC | 31,595 | $1.25M | 0.01% | −1,403−4.3% | Reduced |
| AlphaCore Capital LLC | 30,009 | $1.19M | 0.04% | −816−2.6% | Reduced |
| Newbridge Financial Services Group, Inc. | 29,296 | $1.16M | 0.17% | +7,013+31.5% | Added |
| Carnegie Lake Advisors LLC | 28,723 | $1.14M | 0.44% | +114+0.4% | Added |
| Stephens Inc | 27,862 | $1.10M | 0.01% | +949+3.5% | Added |
| Future Financial Wealth Managment LLC | 25,595 | $1.01M | 0.64% | −575−2.2% | Reduced |
| PMG Family Office LLC | 25,342 | $1.00M | 1.12% | +25,342 | New |
| MML Investors Services, LLC | 25,236 | $999.9K | 0.00% | +7,578+42.9% | Added |
| Edge Financial Advisors LLC | 25,217 | $999.1K | 0.45% | +17,002+207.0% | Added |
| Merrion Investment Management Co, LLC | 25,000 | $990.5K | 0.57% | 00.0% | Unchanged |
| Jefferies Financial Group Inc. | 24,902 | $986.6K | 0.01% | +15,888+176.3% | Added |
| Comerica Bank | 23,325 | $924.1K | 0.00% | +4,161+21.7% | Added |
| Westbourne Investment Advisors, Inc. | 23,200 | $919.2K | 0.26% | +300+1.3% | Added |
| Creative Planning | 23,166 | $917.8K | 0.00% | +57+0.2% | Added |
| Cohen & Steers, Inc. | 23,000 | $911.0K | 0.00% | +3,000+15.0% | Added |
| CWM, LLC | 22,921 | $908.0K | 0.00% | +152+0.7% | Added |
| Welch Group, LLC | 21,229 | $841.1K | 0.03% | −1,271−5.6% | Reduced |
| Atlanta Consulting Group Advisors, LLC | 20,785 | $823.5K | 0.20% | −3,749−15.3% | Reduced |
| Brookstone Capital Management | 19,843 | $786.2K | 0.01% | −2,763−12.2% | Reduced |
| Atlas Brown,Inc. | 19,599 | $776.5K | 0.23% | +20+0.1% | Added |
| Wiley Bros.-Aintree Capital, LLC | 19,552 | $774.7K | 0.00% | +8,311+73.9% | Added |
| Prospera Financial Services Inc | 19,274 | $763.6K | 0.01% | −222−1.1% | Reduced |
| Advisory Services Network, LLC | 19,135 | $758.1K | 0.01% | −50−0.3% | Reduced |
| Monetary Management Group Inc | 19,000 | $752.8K | 0.17% | +2,600+15.9% | Added |
| Sanctuary Advisors, LLC | 18,554 | $735.1K | 0.00% | +598+3.3% | Added |
| Sunpointe, LLC | 18,427 | $730.1K | 0.26% | +653+3.7% | Added |
| Castle Rock Wealth Management, LLC | 18,246 | $728.5K | 0.16% | +3,510+23.8% | Added |
| Samalin Investment Counsel, LLC | 18,128 | $718.2K | 0.25% | −1,686−8.5% | Reduced |
| HighTower Advisors, LLC | 17,642 | $699.0K | 0.00% | +435+2.5% | Added |
| PFG Investments, LLC | 17,360 | $687.8K | 0.04% | +3,080+21.6% | Added |
| Davenport & Co LLC | 17,218 | $682.2K | 0.00% | +131+0.8% | Added |
| Belpointe Asset Management LLC | 17,016 | $674.2K | 0.03% | +3,005+21.4% | Added |
| AE Wealth Management LLC | 16,955 | $671.8K | 0.00% | +153+0.9% | Added |
| Matrix Private Capital Group LLC | 16,692 | $661.3K | 0.35% | +5,142+44.5% | Added |
| Atomi Financial Group, Inc. | 16,521 | $654.6K | 0.02% | +16,521 | New |
| Certified Advisory Corp | 16,278 | $645.0K | 0.06% | +1,032+6.8% | Added |
| Vivaldi Capital Management, LLC | 15,950 | $631.9K | 0.09% | −8,400−34.5% | Reduced |
| Mercer Global Advisors Inc | 15,769 | $624.8K | 0.00% | +920+6.2% | Added |
| Nations Financial Group Inc, | 15,575 | $617.1K | 0.04% | 00.0% | Unchanged |
| Beacon Pointe Advisors, LLC | 15,386 | $609.6K | 0.01% | +15,386 | New |
| Walled Lake Planning & Wealth Management, LLC | 15,385 | $609.6K | 0.20% | +1,340+9.5% | Added |
| Mission Hills Financial Advisory, LLC | 15,267 | $604.9K | 0.32% | +2,893+23.4% | Added |
| Maridea Wealth Management LLC | 14,809 | $578.3K | 0.09% | −501−3.3% | Reduced |