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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
Apollon Wealth Management, LLC8,023$317.9K0.01%+8,023New
Novak & Powell Financial Services, Inc.8,040$318.5K0.17%+99+1.2%Added
Peapack Gladstone Financial Corp8,150$323.0K0.00%00.0%Unchanged
SageView Advisory Group, LLC8,185$324.3K0.01%+8,185New
Semus Wealth Partners LLC8,239$326.4K0.18%−4,570−35.7%Reduced
Triumph Capital Management8,399$332.8K0.09%+417+5.2%Added
Benjamin Edwards Inc8,491$336.4K0.00%−153−1.8%Reduced
Bey-Douglas LLC8,581$340.0K0.25%+8,581New
Colony Group, LLC8,965$355.2K0.00%+630+7.6%Added
Oakworth Capital, Inc.9,000$356.6K0.02%00.0%Unchanged
Wealthcare Advisory Partners LLC9,216$365.2K0.01%+522+6.0%Added
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors9,297$368.3K0.04%+494+5.6%Added
Leslie Global Wealth, LLC9,667$383.0K0.18%00.0%Unchanged
Orca Investment Management, LLC9,775$387.3K0.32%00.0%Unchanged
Financial Security Advisor, Inc.10,000$396.2K0.08%00.0%Unchanged
Abel Hall, LLC10,000$396.2K0.16%00.0%Unchanged
Costello Asset Management, INC10,208$404.4K0.14%−492−4.6%Reduced
Concurrent Investment Advisors, LLC10,221$405.0K0.01%+10,221New
Integrated Wealth Concepts LLC10,555$418.2K0.00%−1,549−12.8%Reduced
Commonwealth Financial Services, LLC10,773$426.8K0.07%+4,954+85.1%Added
Flagship Harbor Advisors, LLC11,115$440.4K0.02%+240+2.2%Added
Envestnet Asset Management Inc11,383$451.0K0.00%−4,091−26.4%Reduced
MAI Capital Management11,509$456.0K0.00%+6,277+120.0%Added
Graybill Bartz & Assoc Ltd11,556$457.8K0.14%−525−4.3%Reduced
Modern Wealth Management, LLC11,561$458.1K0.01%+11,561New
Walleye Capital LLC11,698$463.5K0.00%−8,798−42.9%Reduced
CI Private Wealth, LLC11,698$463.5K0.00%−1,143−8.9%Reduced
Equitable Holdings, Inc.12,341$488.9K0.00%+630+5.4%Added
Jane Street Group, LLC12,389$490.9K0.00%−1,650−11.8%Reduced
StoneX Group Inc.12,498$495.2K0.02%+34+0.3%Added
Neville Rodie & Shaw Inc12,701$503.0K0.04%00.0%Unchanged
Keybank National Association12,700$503.2K0.00%00.0%Unchanged
Focus Financial Network, Inc.12,865$509.7K0.02%+1,983+18.2%Added
US Bancorp13,115$519.6K0.00%−169−1.3%Reduced
Visionary Wealth Advisors13,216$523.6K0.02%+1,596+13.7%Added
Per Stirling Capital Management, LLC.13,462$533.4K0.06%+208+1.6%Added
HBK Sorce Advisory LLC13,067$541.2K0.01%00.0%Unchanged
We Are One Seven, LLC13,726$543.8K0.01%00.0%Unchanged
Sound View Wealth Advisors Group, LLC14,103$558.8K0.04%−622−4.2%Reduced
Maridea Wealth Management LLC14,809$578.3K0.09%−501−3.3%Reduced
Mission Hills Financial Advisory, LLC15,267$604.9K0.32%+2,893+23.4%Added
Walled Lake Planning & Wealth Management, LLC15,385$609.6K0.20%+1,340+9.5%Added
Beacon Pointe Advisors, LLC15,386$609.6K0.01%+15,386New
Nations Financial Group Inc,15,575$617.1K0.04%00.0%Unchanged
Mercer Global Advisors Inc15,769$624.8K0.00%+920+6.2%Added
Vivaldi Capital Management, LLC15,950$631.9K0.09%−8,400−34.5%Reduced
Certified Advisory Corp16,278$645.0K0.06%+1,032+6.8%Added
Atomi Financial Group, Inc.16,521$654.6K0.02%+16,521New
Matrix Private Capital Group LLC16,692$661.3K0.35%+5,142+44.5%Added
AE Wealth Management LLC16,955$671.8K0.00%+153+0.9%Added
Belpointe Asset Management LLC17,016$674.2K0.03%+3,005+21.4%Added
Davenport & Co LLC17,218$682.2K0.00%+131+0.8%Added
PFG Investments, LLC17,360$687.8K0.04%+3,080+21.6%Added
HighTower Advisors, LLC17,642$699.0K0.00%+435+2.5%Added
Samalin Investment Counsel, LLC18,128$718.2K0.25%−1,686−8.5%Reduced
Castle Rock Wealth Management, LLC18,246$728.5K0.16%+3,510+23.8%Added
Sunpointe, LLC18,427$730.1K0.26%+653+3.7%Added
Sanctuary Advisors, LLC18,554$735.1K0.00%+598+3.3%Added
Monetary Management Group Inc19,000$752.8K0.17%+2,600+15.9%Added
Advisory Services Network, LLC19,135$758.1K0.01%−50−0.3%Reduced
Prospera Financial Services Inc19,274$763.6K0.01%−222−1.1%Reduced
Wiley Bros.-Aintree Capital, LLC19,552$774.7K0.00%+8,311+73.9%Added
Atlas Brown,Inc.19,599$776.5K0.23%+20+0.1%Added
Brookstone Capital Management19,843$786.2K0.01%−2,763−12.2%Reduced
Atlanta Consulting Group Advisors, LLC20,785$823.5K0.20%−3,749−15.3%Reduced
Welch Group, LLC21,229$841.1K0.03%−1,271−5.6%Reduced
CWM, LLC22,921$908.0K0.00%+152+0.7%Added
Cohen & Steers, Inc.23,000$911.0K0.00%+3,000+15.0%Added
Creative Planning23,166$917.8K0.00%+57+0.2%Added
Westbourne Investment Advisors, Inc.23,200$919.2K0.26%+300+1.3%Added
Comerica Bank23,325$924.1K0.00%+4,161+21.7%Added
Jefferies Financial Group Inc.24,902$986.6K0.01%+15,888+176.3%Added
Merrion Investment Management Co, LLC25,000$990.5K0.57%00.0%Unchanged
Edge Financial Advisors LLC25,217$999.1K0.45%+17,002+207.0%Added
MML Investors Services, LLC25,236$999.9K0.00%+7,578+42.9%Added
PMG Family Office LLC25,342$1.00M1.12%+25,342New
Future Financial Wealth Managment LLC25,595$1.01M0.64%−575−2.2%Reduced
Stephens Inc27,862$1.10M0.01%+949+3.5%Added
Carnegie Lake Advisors LLC28,723$1.14M0.44%+114+0.4%Added
Newbridge Financial Services Group, Inc.29,296$1.16M0.17%+7,013+31.5%Added
AlphaCore Capital LLC30,009$1.19M0.04%−816−2.6%Reduced
Steward Partners Investment Advisory, LLC31,595$1.25M0.01%−1,403−4.3%Reduced
Sigma Planning Corp31,960$1.27M0.04%+3,070+10.6%Added
Beacon Capital Management, Inc.34,500$1.37M0.07%00.0%Unchanged
Wedbush Securities Inc35,221$1.40M0.05%−788−2.2%Reduced
Integrity Alliance, LLC.35,933$1.42M0.07%+2,310+6.9%Added
HBW Advisory Services LLC36,647$1.45M0.16%+4,504+14.0%Added
Strategic Family Wealth Counselors, L.L.C.37,764$1.50M0.39%+9,691+34.5%Added
NWF Advisory Services Inc.39,688$1.57M0.17%+12,926+48.3%Added
Griffin Asset Management, Inc.39,750$1.57M0.18%+39,750New
Change Path, LLC41,108$1.63M0.04%−16,085−28.1%Reduced
Kercheville Advisors, LLC42,979$1.70M0.51%+8,209+23.6%Added
The PNC Financial Services Group, Inc.44,378$1.76M0.00%+9,779+28.3%Added
Pensionmark Financial Group, LLC45,490$1.80M0.04%+5,269+13.1%Added
Stratos Wealth Partners, LTD.45,629$1.81M0.02%+5,254+13.0%Added
XML Financial, LLC47,470$1.88M0.15%−2,185−4.4%Reduced
Quarry LP47,913$1.90M0.46%+47,913New
Kestra Advisory Services, LLC48,282$1.91M0.01%+12,105+33.5%Added
First Trust Advisors LP48,686$1.93M0.00%+7,542+18.3%Added
NBC Securities, Inc.52,236$2.07M0.16%+1,063+2.1%Added