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, Q1 2026
Institutional positions in Reaves Utility Income Fund as of Mar 31, 2026. 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
- 241
- +7 vs. Q4 2025
- Shares held
- 12.7M
- +326.1K (+2.6%) vs. Q4 2025
- Total value
- $497.4M
- +$55.5M (+12.6%) vs. Q4 2025
- New holders
- 28
- 111 more added
- Sold out
- 21
- 47 more reduced
6 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Reaves Utility Income Fund; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Bank of America Corp | 1,361,230 | $53.5M | 0.00% | +290,771+27.2% | Added |
| Morgan Stanley | 1,138,657 | $44.7M | 0.00% | +68,963+6.4% | Added |
| LPL Financial LLC | 819,415 | $32.2M | 0.01% | +39,970+5.1% | Added |
| Wells Fargo & Company | 707,581 | $27.8M | 0.01% | +28,289+4.2% | Added |
| Royal Bank of Canada | 576,373 | $22.6M | 0.00% | +41,008+7.7% | Added |
| Commonwealth Equity Services, LLC | 424,402 | $16.7M | 0.02% | −105,774−20.0% | Reduced |
| Captrust Financial Advisors | 365,861 | $14.4M | 0.03% | +22,695+6.6% | Added |
| Raymond James Financial Inc | 359,278 | $14.1M | 0.00% | +30,736+9.4% | Added |
| Ameriprise Financial Inc | 332,261 | $13.0M | 0.00% | −36,674−9.9% | Reduced |
| Stifel Financial Corp | 298,420 | $11.7M | 0.01% | +14,814+5.2% | Added |
| UBS Group AG | 262,401 | $10.3M | 0.00% | +41,260+18.7% | Added |
| Advisor Group Holdings, Inc. | 253,611 | $9.96M | 0.01% | −1,697−0.7% | Reduced |
| Gerald Baker Financial Group LLC | 236,955 | $9.31M | 2.95% | +236,955 | New |
| Oak Family Advisors, LLC | 230,396 | $9.05M | 2.79% | +6,174+2.8% | Added |
| Magnus Financial Group LLC | 230,239 | $9.04M | 0.74% | −1,489−0.6% | Reduced |
| Sterling Investment Advisors, Ltd. | 192,424 | $7.56M | 1.37% | +3,096+1.6% | Added |
| Cetera Investment Advisers | 165,248 | $6.49M | 0.01% | −3,322−2.0% | Reduced |
| Wealthspire Advisors, LLC | 151,869 | $5.97M | 0.05% | +7,559+5.2% | Added |
| Lido Advisors, LLC | 150,589 | $5.92M | 0.02% | +554+0.4% | Added |
| Private Advisor Group, LLC | 138,375 | $5.44M | 0.03% | −772−0.6% | Reduced |
| Guggenheim Capital LLC | 132,699 | $5.21M | 0.04% | −835−0.6% | Reduced |
| JBR Co Financial Management Inc | 142,112 | $5.20M | 2.18% | 00.0% | Unchanged |
| Mariner, LLC | 111,222 | $4.37M | 0.01% | −7,762−6.5% | Reduced |
| Janney Montgomery Scott LLC | 111,125 | $4.37M | 0.01% | +3,883+3.6% | Added |
| HBW Advisory Services LLC | 110,909 | $4.36M | 0.46% | +1,893+1.7% | Added |
| Cambridge Investment Research Advisors, Inc. | 109,023 | $4.28M | 0.01% | +13,161+13.7% | Added |
| Independent Financial Group, LLC | 86,727 | $3.41M | 0.08% | −1,013−1.2% | Reduced |
| Reaves W H & Co Inc | 84,562 | $3.32M | 0.06% | +1,236+1.5% | Added |
| Wealth Effects LLC | 82,866 | $3.25M | 1.15% | +5,756+7.5% | Added |
| Tradition Wealth Management, LLC | 82,341 | $3.23M | 0.23% | −40.0% | Reduced |
| GWM Advisors LLC | 81,650 | $3.21M | 0.01% | −10,153−11.1% | Reduced |
| Smith Asset Management Co., LLC | 75,380 | $2.96M | 2.54% | −1,627−2.1% | Reduced |
| Oppenheimer & Co Inc | 74,358 | $2.92M | 0.04% | +9,911+15.4% | Added |
| LongView Wealth Management | 67,380 | $2.82M | 0.71% | +65+0.1% | Added |
| Wiley Bros.-Aintree Capital, LLC | 68,960 | $2.70M | 0.01% | +23,390+51.3% | Added |
| Jefferies Financial Group Inc. | 62,870 | $2.47M | 0.03% | +31,423+99.9% | Added |
| Northwestern Mutual Wealth Management Co | 58,129 | $2.28M | 0.00% | +679+1.2% | Added |
| The PNC Financial Services Group, Inc. | 57,120 | $2.24M | 0.00% | +4,178+7.9% | Added |
| Kestra Advisory Services, LLC | 56,064 | $2.20M | 0.01% | +5,247+10.3% | Added |
| Centaurus Financial, Inc. | 55,782 | $2.19M | 0.10% | −835−1.5% | Reduced |
| First Trust Advisors LP | 54,706 | $2.15M | 0.00% | +1,266+2.4% | Added |
| Cohen & Steers, Inc. | 53,000 | $2.08M | 0.00% | +30,000+130.4% | Added |
| Stratos Wealth Partners, LTD. | 51,854 | $2.04M | 0.02% | +2,189+4.4% | Added |
| NBC Securities, Inc. | 51,079 | $2.01M | 0.15% | −1,058−2.0% | Reduced |
| Steward Partners Investment Advisory, LLC | 50,113 | $1.97M | 0.01% | +15,545+45.0% | Added |
| Strategic Family Wealth Counselors, L.L.C. | 49,895 | $1.96M | 0.51% | +204+0.4% | Added |
| NWF Advisory Services Inc. | 49,723 | $1.95M | 0.22% | +2,914+6.2% | Added |
| Kercheville Advisors, LLC | 47,645 | $1.87M | 0.60% | −345−0.7% | Reduced |
| Griffin Asset Management, Inc. | 46,390 | $1.82M | 0.21% | −3,419−6.9% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 44,593 | $1.78M | 0.00% | −21,755−32.8% | Reduced |
| Wright Wealth LLC | 44,805 | $1.76M | 1.18% | +2,240+5.3% | Added |
| Integrity Alliance, LLC. | 43,497 | $1.71M | 0.07% | +4,964+12.9% | Added |
| Aegis Wealth Management, Inc. | 41,958 | $1.65M | 1.30% | −308−0.7% | Reduced |
| Sowell Financial Services LLC | 39,143 | $1.54M | 0.06% | −15,583−28.5% | Reduced |
| Wedbush Securities Inc | 37,425 | $1.47M | 0.04% | +31+0.1% | Added |
| ORG Wealth Partners, LLC | 37,311 | $1.47M | 0.29% | +3,297+9.7% | Added |
| Sigma Planning Corp | 37,095 | $1.46M | 0.04% | +147+0.4% | Added |
| Envestnet Asset Management Inc | 36,658 | $1.44M | 0.00% | +28,233+335.1% | Added |
| Samalin Investment Counsel, LLC | 35,875 | $1.41M | 0.50% | +19,781+122.9% | Added |
| Beacon Capital Management, Inc. | 34,500 | $1.36M | 0.08% | 00.0% | Unchanged |
| Change Path, LLC | 34,296 | $1.35M | 0.03% | +231+0.7% | Added |
| Pensionmark Financial Group, LLC | 32,455 | $1.27M | 0.02% | −30,586−48.5% | Reduced |
| HighTower Advisors, LLC | 31,806 | $1.25M | 0.00% | +13,216+71.1% | Added |
| Creative Planning | 30,972 | $1.22M | 0.00% | +6,242+25.2% | Added |
| MML Investors Services, LLC | 30,816 | $1.21M | 0.00% | −38−0.1% | Reduced |
| Stephens Inc | 29,857 | $1.17M | 0.01% | −300−1.0% | Reduced |
| Merrion Investment Management Co, LLC | 27,500 | $1.08M | 0.58% | +2,500+10.0% | Added |
| Carnegie Lake Advisors LLC | 26,447 | $1.04M | 0.41% | −2,325−8.1% | Reduced |
| XML Financial, LLC | 25,904 | $1.02M | 0.08% | −1,541−5.6% | Reduced |
| Future Financial Wealth Managment LLC | 24,202 | $1.01M | 0.65% | −940−3.7% | Reduced |
| PMG Family Office LLC | 25,712 | $1.01M | 1.13% | +245+1.0% | Added |
| Westbourne Investment Advisors, Inc. | 25,600 | $1.01M | 0.29% | +1,900+8.0% | Added |
| Matrix Private Capital Group LLC | 23,952 | $940.9K | 0.45% | +3,945+19.7% | Added |
| CWM, LLC | 22,081 | $867.3K | 0.00% | −1,708−7.2% | Reduced |
| Monetary Management Group Inc | 21,500 | $844.5K | 0.20% | +1,000+4.9% | Added |
| Sanctuary Advisors, LLC | 21,392 | $840.3K | 0.00% | +1,331+6.6% | Added |
| Atlanta Consulting Group Advisors, LLC | 20,889 | $820.5K | 0.18% | +51+0.2% | Added |
| Brookstone Capital Management | 20,679 | $812.3K | 0.01% | +421+2.1% | Added |
| Fifth Third Bancorp | 20,495 | $805.0K | 0.00% | +19,545+2,057.4% | Added |
| Atlas Brown,Inc. | 20,461 | $803.7K | 0.24% | +840+4.3% | Added |
| Welch Group, LLC | 19,729 | $775.0K | 0.03% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 19,445 | $763.8K | 0.01% | +41+0.2% | Added |
| Walled Lake Planning & Wealth Management, LLC | 19,260 | $756.5K | 0.22% | +3,875+25.2% | Added |
| Mission Hills Financial Advisory, LLC | 19,029 | $747.5K | 0.38% | +2,143+12.7% | Added |
| Prospera Financial Services Inc | 18,801 | $738.5K | 0.01% | −377−2.0% | Reduced |
| Davenport & Co LLC | 18,283 | $718.1K | 0.00% | +32+0.2% | Added |
| HBK Sorce Advisory LLC | 16,868 | $716.6K | 0.01% | +2,801+19.9% | Added |
| Belpointe Asset Management LLC | 17,753 | $697.4K | 0.03% | −37−0.2% | Reduced |
| Colony Group, LLC | 17,699 | $695.3K | 0.00% | +2,057+13.2% | Added |
| Castle Rock Wealth Management, LLC | 17,376 | $692.1K | 0.15% | −825−4.5% | Reduced |
| Summit Financial, LLC | 17,523 | $688.3K | 0.01% | +17,523 | New |
| AlphaCore Capital LLC | 17,523 | $688.3K | 0.02% | +193+1.1% | Added |
| Atomi Financial Group, Inc. | 17,461 | $685.9K | 0.02% | +118+0.7% | Added |
| Mercer Global Advisors Inc | 17,417 | $684.2K | 0.00% | +1,659+10.5% | Added |
| Cerity Partners LLC | 17,226 | $676.6K | 0.00% | +8,962+108.4% | Added |
| Equitable Holdings, Inc. | 18,229 | $666.8K | 0.00% | +3,336+22.4% | Added |
| MAI Capital Management | 16,917 | $664.5K | 0.00% | −192−1.1% | Reduced |
| PFG Investments, LLC | 16,777 | $659.0K | 0.03% | −487−2.8% | Reduced |
| Sunpointe, LLC | 16,755 | $658.1K | 0.22% | −1,072−6.0% | Reduced |
| Certified Advisory Corp | 16,007 | $628.7K | 0.06% | −139−0.9% | Reduced |