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, Q4 2025
Institutional positions in Reaves Utility Income Fund as of Dec 31, 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
- 240
- +4 vs. Q3 2025
- Shares held
- 12.4M
- −107.0K (−0.9%) vs. Q3 2025
- Total value
- $444.2M
- −$51.7M (−10.4%) vs. Q3 2025
- New holders
- 32
- 97 more added
- Sold out
- 28
- 51 more reduced
3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Reaves Utility Income Fund; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Huntington National Bank | – | $37 | 0.00% | – | – |
| Russell Investments Group, Ltd. | 3 | $110 | 0.00% | −117−97.5% | Reduced |
| Tower Research Capital LLC (TRC) | 7 | $256 | 0.00% | +7 | New |
| FMR LLC | 20 | $732 | 0.00% | +20 | New |
| Versant Capital Management, Inc | 29 | $1.07K | 0.00% | 00.0% | Unchanged |
| Essential Partners LLC | 54 | $1.98K | 0.00% | +54 | New |
| Motiv8 Investments LLC | 70 | $3.00K | 0.00% | +70 | New |
| DHJJ Financial Advisors, Ltd. | 98 | $3.58K | 0.00% | 00.0% | Unchanged |
| Boyd Watterson Asset Management LLC | 100 | $3.66K | 0.00% | 00.0% | Unchanged |
| Aspect Partners, LLC | 100 | $3.66K | 0.00% | 00.0% | Unchanged |
| Rhumbline Advisers | 108 | $3.96K | 0.00% | +108 | New |
| Roble, Belko & Company, Inc | 122 | $4.00K | 0.00% | +29+31.2% | Added |
| IFC & Insurance Marketing, Inc. | 100 | $4.00K | 0.00% | +100 | New |
| Atlantic Union Bankshares Corp | 126 | $4.61K | 0.00% | 00.0% | Unchanged |
| Morton Brown Family Wealth, LLC | 157 | $5.76K | 0.00% | +2+1.3% | Added |
| IMG Wealth Management, Inc. | 203 | $7.41K | 0.00% | +203 | New |
| Signature Resources Capital Management, LLC | 250 | $9.14K | 0.00% | 00.0% | Unchanged |
| Financial Consulate, Inc | 250 | $9.14K | 0.00% | +250 | New |
| Armstrong Advisory Group, Inc | 262 | $9.59K | 0.00% | +4+1.6% | Added |
| Alerus Financial NA | 267 | $9.77K | 0.00% | 00.0% | Unchanged |
| Hantz Financial Services, Inc. | 278 | $10.0K | 0.00% | 00.0% | Unchanged |
| Gilpin Wealth Management, LLC | 297 | $10.9K | 0.01% | +297 | New |
| Duncker Streett & Co Inc | 300 | $11.0K | 0.00% | 00.0% | Unchanged |
| Glen Eagle Advisors, LLC | 300 | $11.0K | 0.00% | +300 | New |
| CIBC Private Wealth Group, LLC | 306 | $11.2K | 0.00% | +4+1.3% | Added |
| Tradewinds Capital Management, LLC | 320 | $11.7K | 0.00% | 00.0% | Unchanged |
| Resources Management Corp | 356 | $13.0K | 0.00% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 358 | $13.1K | 0.00% | 00.0% | Unchanged |
| Root Financial Partners, LLC | 383 | $14.0K | 0.00% | +383 | New |
| Hollencrest Capital Management | 395 | $14.4K | 0.00% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 485 | $17.7K | 0.00% | 00.0% | Unchanged |
| Medallion Wealth Advisors, LLC | 500 | $18.3K | 0.01% | 00.0% | Unchanged |
| National Bank of Canada | 540 | $19.7K | 0.00% | +540 | New |
| Key Financial Inc | 554 | $20.3K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 574 | $21.0K | 0.00% | 00.0% | Unchanged |
| Salomon & Ludwin, LLC | 580 | $21.5K | 0.00% | 00.0% | Unchanged |
| Hilltop National Bank | 590 | $21.6K | 0.01% | 00.0% | Unchanged |
| Quest 10 Wealth Builders, Inc. | 687 | $25.1K | 0.02% | 00.0% | Unchanged |
| Caldwell Trust Co | 825 | $30.2K | 0.00% | 00.0% | Unchanged |
| West Branch Capital LLC | 843 | $30.8K | 0.01% | +3+0.4% | Added |
| American National Bank | 850 | $31.1K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 950 | $34.8K | 0.00% | 00.0% | Unchanged |
| Paladin Partners, LLC | 969 | $35.4K | 0.03% | +969 | New |
| Webster Bank, N. A. | 995 | $36.4K | 0.00% | 00.0% | Unchanged |
| Private Trust Co NA | 1,000 | $36.6K | 0.00% | 00.0% | Unchanged |
| Keating Financial Advisory Services, Inc. | 1,032 | $37.7K | 0.01% | +1,032 | New |
| LRI Investments, LLC | 1,440 | $52.7K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 1,442 | $52.7K | 0.00% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 1,450 | $53.0K | 0.00% | 00.0% | Unchanged |
| Colonial Trust Advisors | 1,500 | $54.9K | 0.00% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 1,530 | $56.0K | 0.00% | +1,530 | New |
| Bank of New Hampshire | 1,560 | $57.1K | 0.01% | 00.0% | Unchanged |
| Anchor Investment Management, LLC | 1,674 | $61.2K | 0.00% | −55−3.2% | Reduced |
| Global Retirement Partners, LLC | 1,692 | $61.9K | 0.00% | 00.0% | Unchanged |
| Centerpoint Advisors, LLC | 1,700 | $62.0K | 0.02% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 1,760 | $64.4K | 0.00% | +602+52.0% | Added |
| EverSource Wealth Advisors, LLC | 2,000 | $73.2K | 0.00% | 00.0% | Unchanged |
| Cornerstone Planning Group LLC | 1,964 | $74.9K | 0.01% | +1,964 | New |
| Assetmark, Inc | 2,166 | $79.2K | 0.00% | +219+11.2% | Added |
| AdvisorNet Financial, Inc | 2,294 | $83.9K | 0.00% | +153+7.1% | Added |
| IFP Advisors, Inc | 2,333 | $85.3K | 0.00% | +14+0.6% | Added |
| Laurel Wealth Advisors LLC | 2,500 | $91.5K | 0.01% | +2,500 | New |
| International Assets Investment Management, LLC | 2,780 | $101.7K | 0.01% | +2,780 | New |
| Brown Brothers Harriman & Co | 3,166 | $115.8K | 0.00% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 3,216 | $117.6K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 3,556 | $130.1K | 0.00% | −13−0.4% | Reduced |
| Ameriflex Group, Inc. | 3,873 | $141.7K | 0.07% | −3,873−50.0% | Reduced |
| Signaturefd, LLC | 4,000 | $146.3K | 0.00% | 00.0% | Unchanged |
| Creative Financial Designs Inc | 4,137 | $151.3K | 0.01% | +5+0.1% | Added |
| Wall Street Access Asset Management, LLC | 4,411 | $161.3K | 0.04% | +4,411 | New |
| Allworth Financial LP | 4,491 | $164.3K | 0.00% | +200+4.7% | Added |
| Spire Wealth Management | 4,545 | $166.3K | 0.01% | +59+1.3% | Added |
| Hilton Head Capital Partners, LLC | 5,215 | $190.8K | 0.11% | +5,215 | New |
| Thompson David Blair | 5,553 | $203.1K | 0.12% | +5,553 | New |
| Harbour Investments, Inc. | 5,590 | $204.5K | 0.00% | −695−11.1% | Reduced |
| CoreCap Advisors, LLC | 5,604 | $205.0K | 0.01% | −1,000−15.1% | Reduced |
| Everstar Asset Management, LLC | 5,650 | $206.7K | 0.11% | 00.0% | Unchanged |
| Savant Capital, LLC | 5,814 | $212.7K | 0.00% | 00.0% | Unchanged |
| Estate Planners Group, LLC | 5,870 | $214.7K | 0.09% | +5,870 | New |
| Ballew Advisors, Inc | 5,845 | $216.7K | 0.12% | +92+1.6% | Added |
| Semus Wealth Partners LLC | 5,950 | $217.7K | 0.12% | −2,289−27.8% | Reduced |
| Cary Street Partners Financial LLC | 5,987 | $219.0K | 0.01% | +429+7.7% | Added |
| Armor Investment Advisors, LLC | 5,996 | $219.3K | 0.08% | 00.0% | Unchanged |
| Penbrook Management LLC | 6,025 | $220.4K | 0.15% | −50−0.8% | Reduced |
| Innova Wealth Partners | 6,361 | $232.7K | 0.12% | +6,361 | New |
| Invesco Ltd. | 6,417 | $234.7K | 0.00% | +6,417 | New |
| Allie Family Office LLC | 6,490 | $237.4K | 0.11% | 00.0% | Unchanged |
| Moors & Cabot, Inc. | 6,617 | $242.1K | 0.01% | 00.0% | Unchanged |
| Principal Securities, Inc. | 6,869 | $251.3K | 0.00% | +60+0.9% | Added |
| Investors Research Corp | 7,077 | $258.9K | 0.05% | 00.0% | Unchanged |
| RDA Financial Network | 7,104 | $259.9K | 0.06% | +1,760+32.9% | Added |
| ORG Partners LLC | 7,169 | $262.3K | 0.05% | +95+1.3% | Added |
| Purus Wealth Management, LLC | 7,240 | $264.8K | 0.08% | +734+11.3% | Added |
| ELCO Management Co., LLC | 7,250 | $265.2K | 0.17% | −200−2.7% | Reduced |
| Two Sigma Securities, LLC | 7,579 | $277.2K | 0.04% | +7,579 | New |
| Balboa Wealth Partners | 7,636 | $279.3K | 0.05% | 00.0% | Unchanged |
| RFG Advisory, LLC | 8,014 | $293.2K | 0.01% | +8,014 | New |
| Benjamin Edwards Inc | 8,101 | $296.3K | 0.00% | −390−4.6% | Reduced |
| Simplicity Wealth,LLC | 8,119 | $297.0K | 0.02% | +8,119 | New |
| Western Wealth Management, LLC | 8,122 | $297.1K | 0.01% | +1,269+18.5% | Added |