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 |
|---|---|---|---|---|---|
| Centaurus Financial, Inc. | 54,159 | $2.15M | 0.10% | +57+0.1% | Added |
| Northwestern Mutual Wealth Management Co | 56,384 | $2.23M | 0.00% | −1,825−3.1% | Reduced |
| Sowell Financial Services LLC | 58,869 | $2.33M | 0.09% | +1,260+2.2% | Added |
| Oppenheimer & Co Inc | 60,421 | $2.39M | 0.03% | +1,493+2.5% | Added |
| Wealth Enhancement Advisory Services, LLC | 61,125 | $2.48M | 0.00% | +6,418+11.7% | Added |
| Consolidated Portfolio Review Corp | 64,774 | $2.61M | 0.33% | −67,237−50.9% | Reduced |
| LongView Wealth Management | 69,745 | $2.76M | 0.75% | +65+0.1% | Added |
| Wealth Effects LLC | 70,245 | $2.78M | 0.89% | +546+0.8% | Added |
| Smith Asset Management Co., LLC | 79,260 | $3.14M | 2.67% | −677−0.8% | Reduced |
| Tradition Wealth Management, LLC | 81,375 | $3.22M | 0.24% | −16,886−17.2% | Reduced |
| Reaves W H & Co Inc | 82,060 | $3.25M | 0.06% | −6,563−7.4% | Reduced |
| Independent Financial Group, LLC | 87,116 | $3.45M | 0.08% | −259−0.3% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 97,605 | $3.87M | 0.01% | +5,909+6.4% | Added |
| Janney Montgomery Scott LLC | 100,403 | $3.98M | 0.01% | +6,840+7.3% | Added |
| GWM Advisors LLC | 112,619 | $4.46M | 0.02% | +828+0.7% | Added |
| Mariner, LLC | 129,280 | $5.12M | 0.01% | +328+0.3% | Added |
| Absolute Investment Advisers LLC | 129,661 | $5.14M | 0.65% | +129,661 | New |
| Private Advisor Group, LLC | 141,421 | $5.60M | 0.03% | +788+0.6% | Added |
| JBR Co Financial Management Inc | 144,214 | $5.71M | 2.42% | +12,402+9.4% | Added |
| Lido Advisors, LLC | 150,035 | $5.94M | 0.02% | −159−0.1% | Reduced |
| Guggenheim Capital LLC | 161,740 | $6.41M | 0.05% | −17,166−9.6% | Reduced |
| Cetera Investment Advisers | 179,565 | $7.11M | 0.01% | +29,158+19.4% | Added |
| Sterling Investment Advisors, Ltd. | 190,855 | $7.56M | 1.47% | −1,504−0.8% | Reduced |
| UBS Group AG | 200,390 | $7.94M | 0.00% | +11,561+6.1% | Added |
| Oak Family Advisors, LLC | 221,173 | $8.76M | 2.84% | −28,221−11.3% | Reduced |
| Magnus Financial Group LLC | 229,669 | $9.10M | 0.72% | +25,718+12.6% | Added |
| Advisor Group Holdings, Inc. | 244,872 | $9.51M | 0.01% | +7,788+3.3% | Added |
| Stifel Financial Corp | 263,609 | $10.4M | 0.01% | +8,440+3.3% | Added |
| Raymond James Financial Inc | 312,742 | $12.4M | 0.00% | +25,504+8.9% | Added |
| Captrust Financial Advisors | 355,691 | $14.1M | 0.03% | −3,425−1.0% | Reduced |
| J.W. Cole Advisors, Inc. | 365,774 | $14.5M | 0.28% | +2,818+0.8% | Added |
| Ameriprise Financial Inc | 377,836 | $15.0M | 0.00% | −4,481−1.2% | Reduced |
| Commonwealth Equity Services, LLC | 508,238 | $20.1M | 0.03% | −811−0.2% | Reduced |
| Royal Bank of Canada | 520,399 | $20.6M | 0.00% | +26,512+5.4% | Added |
| Wells Fargo & Company | 660,370 | $26.2M | 0.01% | +27,426+4.3% | Added |
| LPL Financial LLC | 686,184 | $27.2M | 0.01% | +69,577+11.3% | Added |
| Cornerstone Advisors, LLC | 768,185 | $30.4M | 1.00% | +35,700+4.9% | Added |
| Morgan Stanley | 1,002,079 | $39.7M | 0.00% | +26,907+2.8% | Added |
| Bank of America Corp | 1,095,850 | $43.4M | 0.00% | +52,449+5.0% | Added |
| Wealthspire Advisors, LLC | 0 | $0 | 0.00% | −97,683−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −14,844−100.0% | Sold out |
| Calamos Advisors LLC | 0 | $0 | 0.00% | −9,808−100.0% | Sold out |
| Dover Advisors, LLC | 0 | $0 | 0.00% | −9,600−100.0% | Sold out |
| GWN Securities Inc. | 0 | $0 | 0.00% | −8,638−100.0% | Sold out |
| Summit Financial, LLC | 0 | $0 | 0.00% | −7,744−100.0% | Sold out |
| Baird Financial Group, Inc. | 0 | $0 | 0.00% | −7,586−100.0% | Sold out |
| SOA Wealth Advisors, LLC. | 0 | $0 | 0.00% | −613−100.0% | Sold out |
| Fortitude Family Office, LLC | 0 | $0 | 0.00% | −340−100.0% | Sold out |
| Beaird Harris Wealth Management, LLC | 0 | $0 | 0.00% | −175−100.0% | Sold out |
| Good Life Advisors, LLC | – | – | – | – | Not filed |
| Atria Wealth Solutions, Inc. | – | – | – | – | Not filed |
| Avantax Advisory Services, Inc. | – | – | – | – | Not filed |
| Oliver Lagore Vanvalin Investment Group | – | – | – | – | Not filed |