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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, 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.

Institutional holdersQ3 2025: 239 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 heldQ3 2025: $496.6M
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, Q3 2025

Shares, value and share of portfolio for each institution holding Reaves Utility Income Fund; share changes are against Q2 2025.

Institutions holding UTG in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Huntington National Bank–$400.00%––
Versant Capital Management, Inc29$1.16K0.00%−205−87.6%Reduced
DHJJ Financial Advisors, Ltd.98$3.88K0.00%00.0%Unchanged
Boyd Watterson Asset Management LLC100$3.96K0.00%00.0%Unchanged
Aspect Partners, LLC100$3.96K0.00%00.0%Unchanged
Roble, Belko & Company, Inc93$4.00K0.00%+21+29.2%Added
Russell Investments Group, Ltd.120$4.75K0.00%+120New
Atlantic Union Bankshares Corp126$4.99K0.00%−75−37.3%Reduced
Ronald Blue Trust, Inc.150$5.94K0.00%−917−85.9%Reduced
Morton Brown Family Wealth, LLC155$6.14K0.00%+2+1.3%Added
BlackRock, Inc.192$7.61K0.00%−192−50.0%Reduced
Delta Asset Management LLC200$7.92K0.00%00.0%Unchanged
Main Street Group, LTD200$7.92K0.00%+200New
Signature Resources Capital Management, LLC250$9.90K0.01%00.0%Unchanged
Parallel Advisors, LLC253$10.1K0.00%+253New
Armstrong Advisory Group, Inc258$10.2K0.00%+4+1.6%Added
Alerus Financial NA267$10.6K0.00%00.0%Unchanged
Hantz Financial Services, Inc.278$11.0K0.00%+278New
Duncker Streett & Co Inc300$11.9K0.00%+300New
CIBC Private Wealth Group, LLC302$11.9K0.00%+2+0.7%Added
Tradewinds Capital Management, LLC320$12.7K0.00%00.0%Unchanged
Resources Management Corp356$14.0K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec358$14.2K0.00%00.0%Unchanged
Hollencrest Capital Management395$15.7K0.00%00.0%Unchanged
Parkside Financial Bank & Trust485$19.2K0.00%00.0%Unchanged
Medallion Wealth Advisors, LLC500$19.8K0.01%+500New
Clearstead Advisors, LLC550$21.8K0.00%00.0%Unchanged
Key Financial Inc554$22.0K0.00%00.0%Unchanged
Umb Bank N A574$22.7K0.00%00.0%Unchanged
Salomon & Ludwin, LLC580$23.3K0.00%00.0%Unchanged
Hilltop National Bank590$23.4K0.01%00.0%Unchanged
ORG Wealth Partners, LLC600$23.8K0.01%+9+1.5%Added
Ameritas Advisory Services, LLC650$25.8K0.00%−2,014−75.6%Reduced
Quest 10 Wealth Builders, Inc.687$27.2K0.03%+687New
Caldwell Trust Co825$32.7K0.00%00.0%Unchanged
West Branch Capital LLC840$33.3K0.01%+10+1.2%Added
American National Bank850$33.7K0.00%+850New
CX Institutional920$36.0K0.00%+920New
Fifth Third Bancorp950$37.6K0.00%00.0%Unchanged
Webster Bank, N. A.995$39.4K0.00%00.0%Unchanged
Logan Capital Management Inc1,000$39.6K0.00%00.0%Unchanged
Private Trust Co NA1,000$39.6K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.1,158$45.9K0.00%+1,158New
Salem Investment Counselors Inc1,246$49.4K0.00%00.0%Unchanged
GPS Wealth Strategies Group, LLC1,253$49.6K0.01%00.0%Unchanged
LRI Investments, LLC1,440$57.1K0.00%00.0%Unchanged
Larson Financial Group LLC1,442$57.1K0.00%00.0%Unchanged
North Star Investment Management Corp.1,450$57.4K0.00%00.0%Unchanged
Colonial Trust Advisors1,500$59.4K0.00%00.0%Unchanged
Bank of New Hampshire1,560$61.8K0.01%00.0%Unchanged
Centerpoint Advisors, LLC1,700$67.0K0.02%00.0%Unchanged
Global Retirement Partners, LLC1,692$67.0K0.00%00.0%Unchanged
Anchor Investment Management, LLC1,729$68.5K0.01%+107+6.6%Added
Assetmark, Inc1,947$77.1K0.00%+1,302+201.9%Added
EverSource Wealth Advisors, LLC2,000$79.2K0.00%−500−20.0%Reduced
AdvisorNet Financial, Inc2,141$84.8K0.00%+680+46.5%Added
IFP Advisors, Inc2,319$91.9K0.00%+12+0.5%Added
Brown Brothers Harriman & Co3,166$125.4K0.00%−1,059−25.1%Reduced
Geneos Wealth Management Inc.3,216$127.4K0.00%00.0%Unchanged
JPMorgan Chase & Co3,569$141.4K0.00%+3,341+1,465.4%Added
Signaturefd, LLC4,000$158.5K0.00%00.0%Unchanged
Creative Financial Designs Inc4,132$163.7K0.01%−1,545−27.2%Reduced
Allworth Financial LP4,291$170.0K0.00%+20.0%Added
Spire Wealth Management4,486$177.7K0.01%+56+1.3%Added
Proficio Capital Partners LLC5,075$201.1K0.01%+5,075New
Post Resch Tallon Group Inc.5,125$203.1K0.18%+5,125New
Watts Gwilliam & Co., LLC5,150$204.0K0.03%+5,150New
SeaCrest Wealth Management, LLC5,020$204.4K0.02%−2,175−30.2%Reduced
Perigon Wealth Management, LLC5,160$204.4K0.00%+5,160New
Keystone Financial Group5,181$205.3K0.02%−459−8.1%Reduced
Great Valley Advisor Group, Inc.5,250$208.0K0.00%+5,250New
RDA Financial Network5,344$211.7K0.05%+5,344New
Pinnacle Wealth Management Group, Inc.5,350$212.0K0.11%+5,350New
RMR Capital Management, LLC5,373$212.9K0.15%+5,373New
IFG Advisory, LLC5,418$214.7K0.01%+5,418New
Cary Street Partners Financial LLC5,558$220.2K0.01%−250−4.3%Reduced
Everstar Asset Management, LLC5,650$223.9K0.13%00.0%Unchanged
Savant Capital, LLC5,814$230.4K0.00%−328−5.3%Reduced
City Center Advisors, LLC5,852$231.9K0.23%+5,852New
Armor Investment Advisors, LLC5,996$237.6K0.08%−15,054−71.5%Reduced
Ballew Advisors, Inc5,753$238.1K0.13%+89+1.6%Added
Penbrook Management LLC6,075$240.7K0.17%00.0%Unchanged
Lowe Wealth Advisors, LLC6,250$247.6K0.09%00.0%Unchanged
Harbour Investments, Inc.6,285$249.0K0.01%+1,133+22.0%Added
Allie Family Office LLC6,490$257.1K0.12%00.0%Unchanged
Purus Wealth Management, LLC6,506$257.8K0.08%+100+1.6%Added
CoreCap Advisors, LLC6,604$261.6K0.01%+1,000+17.8%Added
Custom Index Systems, LLC6,615$262.1K0.08%−64−1.0%Reduced
Moors & Cabot, Inc.6,617$262.2K0.01%+6,617New
Principal Securities, Inc.6,809$269.8K0.00%+58+0.9%Added
Western Wealth Management, LLC6,853$271.5K0.01%−242−3.4%Reduced
Investors Research Corp7,077$280.4K0.05%00.0%Unchanged
ORG Partners LLC7,074$280.9K0.05%−490−6.5%Reduced
Stonegate Investment Group, LLC7,179$284.4K0.01%+8+0.1%Added
Nwam LLC7,480$292.1K0.02%00.0%Unchanged
ELCO Management Co., LLC7,450$295.2K0.15%−100−1.3%Reduced
Hollow Brook Wealth Management LLC7,606$301.4K0.07%00.0%Unchanged
Balboa Wealth Partners7,636$302.5K0.05%−1,125−12.8%Reduced
Cerity Partners LLC7,681$304.3K0.00%+7,681New
Ameriflex Group, Inc.7,746$306.9K0.12%+2,872+58.9%Added