Reaves Utility Income Fund

UTG

Exchange: NYSE
SEC CIK: 0001263994

SEC filings (opens in a new tab)

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.

Q1 2026 vs. Q4 2025

How the institutions holding Reaves Utility Income Fund changed between Q4 2025 and Q1 2026.

All holders in Q1 2026 All holders in Q4 2025

13F holders of UTG: Q4 2025 compared with Q1 2026
Measure	Q4 2025	Of which not filed for Q1 2026	Q1 2026	Change
Holders	240	6	241	+7
Shares	12.4M	62.3K	12.7M	+326.1K (+2.6%)
Value	$444.2M	$2.28M	$497.4M	+$55.5M (+12.6%)

6 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so the changes leave them out.

New holders (28)

Institutions that held Reaves Utility Income Fund at the end of Q1 2026 but not at the end of Q4 2025.

Institutions new to UTG in Q1 2026
Institution	Shares	Value	% of portfolio
Gerald Baker Financial Group LLC	236,955	$9.31M	2.95%
Summit Financial, LLC	17,523	$688.3K	0.01%
XTX Topco Ltd	11,011	$432.5K	0.01%
Commerce Advisors, LLC	9,451	$371.2K	0.31%
Virtu Financial LLC	8,791	$345.0K	0.01%
Resurgent Financial Advisors LLC	8,393	$329.7K	0.12%
Golden State Equity Partners	6,897	$270.9K	0.02%
Truist Financial Corp	6,331	$248.7K	0.00%
Hilltop Holdings Inc.	6,210	$243.9K	0.02%
Total Clarity Wealth Management, Inc.	6,190	$243.1K	0.06%
D.A. Davidson & Co.	6,146	$241.4K	0.00%
Nicolet Bankshares Inc	5,870	$233.4K	0.01%
Concurrent Investment Advisors, LLC	5,676	$223.0K	0.00%
Keystone Financial Group	5,420	$212.9K	0.01%
Pinnacle Financial Partners, Inc.	5,379	$211.3K	0.00%
RMR Capital Management, LLC	5,373	$211.1K	0.15%
Pinnacle Wealth Management Group, Inc.	5,350	$210.1K	0.10%
Great Valley Advisor Group, Inc.	5,260	$206.6K	0.00%
Foundations Investment Advisors, LLC	5,120	$201.1K	0.00%
IFG Advisory, LLC	4,568	$179.4K	0.51%
Sunbelt Securities, Inc.	2,700	$106.1K	0.01%
Cassaday & Co Wealth Management LLC	1,858	$73.0K	0.00%
Nemes Rush Group LLC	1,500	$58.9K	0.01%
Salem Investment Counselors Inc	1,346	$52.9K	0.00%
TD Waterhouse Canada Inc.	1,000	$39.5K	0.00%
Osbon Capital Management LLC	992	$39.0K	0.03%
MCF Advisors LLC	100	$3.93K	0.00%
Highline Wealth Partners LLC	75	$2.95K	0.00%

Sold out (21)

Institutions that held Reaves Utility Income Fund at the end of Q4 2025 and filed for Q1 2026 without it.

Institutions that sold out of UTG in Q1 2026
Institution	Shares, Q4 2025	Value, Q4 2025
Cornerstone Advisors, LLC	294,426	$10.8M
J.W. Cole Advisors, Inc.	358,292	$2.63M
Kovack Advisors, Inc.	24,665	$902.2K
Oakworth Capital, Inc.	9,000	$329.2K
SageView Advisory Group, LLC	8,272	$302.6K
Two Sigma Securities, LLC	7,579	$277.2K
Thompson David Blair	5,553	$203.1K
Wall Street Access Asset Management, LLC	4,411	$161.3K
Laurel Wealth Advisors LLC	2,500	$91.5K
Cornerstone Planning Group LLC	1,964	$74.9K
American National Bank	850	$31.1K
National Bank of Canada	540	$19.7K
Root Financial Partners, LLC	383	$14.0K
Glen Eagle Advisors, LLC	300	$11.0K
Hantz Financial Services, Inc.	278	$10.0K
IFC & Insurance Marketing, Inc.	100	$4.00K
Rhumbline Advisers	108	$3.96K
Essential Partners LLC	54	$1.98K
Versant Capital Management, Inc	29	$1.07K
FMR LLC	20	$732
Russell Investments Group, Ltd.	3	$110

Not filed for Q1 2026 yet (6)

Institutions that held Reaves Utility Income Fund at the end of Q4 2025 and haven't filed a 13F for Q1 2026. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding UTG in Q4 2025 that haven't filed for Q1 2026
Institution	Shares, Q4 2025	Value, Q4 2025
Edge Financial Advisors LLC	29,700	$1.09M
Comerica Bank	23,328	$853.3K
ORG Partners LLC	7,169	$262.3K
Global Retirement Partners, LLC	1,692	$61.9K
CIBC Private Wealth Group, LLC	306	$11.2K
Motiv8 Investments LLC	70	$3.00K