Reaves Utility Income Fund

UTG

Exchange: NYSE
SEC CIK: 0001263994

SEC filings (opens in a new tab)

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.

Q3 2025 vs. Q2 2025

How the institutions holding Reaves Utility Income Fund changed between Q2 2025 and Q3 2025.

All holders in Q3 2025 All holders in Q2 2025

13F holders of UTG: Q2 2025 compared with Q3 2025
Measure	Q2 2025	Of which not filed for Q3 2025	Q3 2025	Change
Holders	220	4	239	+23
Shares	12.1M	138.4K	12.5M	+583.7K (+4.9%)
Value	$437.5M	$4.99M	$496.6M	+$64.1M (+14.8%)

4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (33)

Institutions that held Reaves Utility Income Fund at the end of Q3 2025 but not at the end of Q2 2025.

Institutions new to UTG in Q3 2025
Institution	Shares	Value	% of portfolio
Absolute Investment Advisers LLC	129,661	$5.14M	0.65%
Quarry LP	47,913	$1.90M	0.46%
Griffin Asset Management, Inc.	39,750	$1.57M	0.18%
PMG Family Office LLC	25,342	$1.00M	1.12%
Atomi Financial Group, Inc.	16,521	$654.6K	0.02%
Beacon Pointe Advisors, LLC	15,386	$609.6K	0.01%
Modern Wealth Management, LLC	11,561	$458.1K	0.01%
Concurrent Investment Advisors, LLC	10,221	$405.0K	0.01%
Bey-Douglas LLC	8,581	$340.0K	0.25%
SageView Advisory Group, LLC	8,185	$324.3K	0.01%
Apollon Wealth Management, LLC	8,023	$317.9K	0.01%
Cerity Partners LLC	7,681	$304.3K	0.00%
Moors & Cabot, Inc.	6,617	$262.2K	0.01%
City Center Advisors, LLC	5,852	$231.9K	0.23%
IFG Advisory, LLC	5,418	$214.7K	0.01%
RMR Capital Management, LLC	5,373	$212.9K	0.15%
Pinnacle Wealth Management Group, Inc.	5,350	$212.0K	0.11%
RDA Financial Network	5,344	$211.7K	0.05%
Great Valley Advisor Group, Inc.	5,250	$208.0K	0.00%
Perigon Wealth Management, LLC	5,160	$204.4K	0.00%
Watts Gwilliam & Co., LLC	5,150	$204.0K	0.03%
Post Resch Tallon Group Inc.	5,125	$203.1K	0.18%
Proficio Capital Partners LLC	5,075	$201.1K	0.01%
Rockefeller Capital Management L.P.	1,158	$45.9K	0.00%
CX Institutional	920	$36.0K	0.00%
American National Bank	850	$33.7K	0.00%
Quest 10 Wealth Builders, Inc.	687	$27.2K	0.03%
Medallion Wealth Advisors, LLC	500	$19.8K	0.01%
Duncker Streett & Co Inc	300	$11.9K	0.00%
Hantz Financial Services, Inc.	278	$11.0K	0.00%
Parallel Advisors, LLC	253	$10.1K	0.00%
Main Street Group, LTD	200	$7.92K	0.00%
Russell Investments Group, Ltd.	120	$4.75K	0.00%

Sold out (10)

Institutions that held Reaves Utility Income Fund at the end of Q2 2025 and filed for Q3 2025 without it.

Institutions that sold out of UTG in Q3 2025
Institution	Shares, Q2 2025	Value, Q2 2025
Wealthspire Advisors, LLC	97,683	$3.53M
XTX Topco Ltd	14,844	$537.1K
Calamos Advisors LLC	9,808	$354.9K
Dover Advisors, LLC	9,600	$347.3K
GWN Securities Inc.	8,638	$312.6K
Summit Financial, LLC	7,744	$280.2K
Baird Financial Group, Inc.	7,586	$274.5K
SOA Wealth Advisors, LLC.	613	$22.2K
Fortitude Family Office, LLC	340	$12.3K
Beaird Harris Wealth Management, LLC	175	$6.33K

Not filed for Q3 2025 yet (4)

Institutions that held Reaves Utility Income Fund at the end of Q2 2025 and haven't filed a 13F for Q3 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding UTG in Q2 2025 that haven't filed for Q3 2025
Institution	Shares, Q2 2025	Value, Q2 2025
Good Life Advisors, LLC	67,552	$2.44M
Atria Wealth Solutions, Inc.	50,949	$1.84M
Avantax Advisory Services, Inc.	16,096	$582.3K
Oliver Lagore Vanvalin Investment Group	3,795	$123.5K