REAVES W H & CO INC

JERSEY CITY, NJ · CIK 740913 · 13F filing filed 2023-05-09

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyJersey City, NJ

$2.8bn reported value -0.8% vs Q4 2022

66positions

39.3%in top 10

4 new 27 added 26 reduced 4 sold out vs Q4 2022

This report includes the holdings of 1 other manager that shares the investment decisions:

VIRTUS ADVISERS, LLC – files its own report too; $2.0m of shares are in both

Shares in two reports are counted once in each security's totals.

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ENTERGY CORP NEW COM ETR	ETR	1,188,204	$128.0m4.61%	4.61%	Added +153.2k	+153,201 14.8%
2	NEXTERA ENERGY INC COM NEE	NEE	1,586,207	$122.3m4.40%	4.40%	Reduced -28.9k	-28,906 -1.8%
3	XCEL ENERGY INC COM XEL	XEL	1,707,995	$115.2m4.14%	4.14%	Reduced -66.3k	-66,345 -3.7%
4	DTE ENERGY CO COM DTE	DTE	1,006,178	$110.2m3.97%	3.97%	Added +137.1k	+137,080 15.8%
5	ALLIANT ENERGY CORP COM LNT	LNT	2,059,642	$110.0m3.96%	3.96%	Added +100.1k	+100,095 5.1%
6	AMEREN CORP COM AEE	AEE	1,271,426	$109.8m3.95%	3.95%	Added +6.3k	+6,324 0.5%
7	NISOURCE INC COM NI	NI	3,890,522	$108.8m3.91%	3.91%	Added +272.4k	+272,403 7.5%
8	BCE INC COM NEW BCE	BCE	2,356,442	$105.5m3.80%	3.80%	Reduced -132.2k	-132,227 -5.3%
9	DUKE ENERGY CORP NEW COM NEW DUK	DUK	971,030	$93.7m3.37%	3.37%	Reduced -96.5k	-96,501 -9.0%
10	CONSTELLATION ENERGY CORP COM CEG	CEG	1,122,916	$88.1m3.17%	3.17%	Added +854	+854 0.1%
11	PG&E CORP COM PCG	PCG	5,399,184	$87.3m3.14%	3.14%	Added +414.4k	+414,450 8.3%
12	WEC ENERGY GROUP INC COM WEC	WEC	899,729	$85.3m3.07%	3.07%	Added +207.5k	+207,451 30.0%
13	COMCAST CORP NEW CL A CMCSA	CMCSA	2,227,393	$84.4m3.04%	3.04%	Added +7.6k	+7,593 0.3%
14	PUBLIC SVC ENTERPRISE GRP IN COM PEG	PEG	1,326,243	$82.8m2.98%	2.98%	Reduced -338.4k	-338,373 -20.3%
15	CMS ENERGY CORP COM CMS	CMS	1,340,675	$82.3m2.96%	2.96%	Reduced -33.8k	-33,809 -2.5%
16	PPL CORP COM PPL	PPL	2,758,617	$76.7m2.76%	2.76%	Added +402.6k	+402,617 17.1%
17	UNION PAC CORP COM UNP	UNP	380,601	$76.6m2.76%	2.76%	Reduced -946	-946 -0.2%
18	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	498,235	$73.0m2.63%	2.63%	Reduced -29.8k	-29,829 -5.7%
19	SEMPRA COM SRE	SRE	446,448	$67.5m2.43%	2.43%	Added +432.7k	+432,689 3144.8%
20	SBA COMMUNICATIONS CORP NEW CL A SBAC	SBAC	257,104	$67.1m2.41%	2.41%	Reduced -1.4k	-1,410 -0.6%
21	AMERICAN ELEC PWR CO INC COM AEP	AEP	722,251	$65.7m2.36%	2.36%	Reduced -855	-855 -0.1%
22	OGE ENERGY CORP COM OGE	OGE	1,743,113	$65.6m2.36%	2.36%	Reduced -296.6k	-296,562 -14.5%
23	EXELON CORP COM EXC	EXC	1,499,665	$62.8m2.26%	2.26%	Added +493.2k	+493,223 49.0%
24	EQUINIX INC COM EQIX	EQIX	83,656	$60.3m2.17%	2.17%	Reduced -4.6k	-4,582 -5.2%
25	VERIZON COMMUNICATIONS INC COM VZ	VZ	1,471,368	$57.2m2.06%	2.06%	Unchanged
26	CANADIAN PAC RY LTD COM COM		690,535	$53.1m1.91%	1.91%	Reduced -377.3k	-377,292 -35.3%
27	CROWN CASTLE INC COM CCI	CCI	372,217	$49.8m1.79%	1.79%	Reduced -50.1k	-50,053 -11.8%
28	WILLIAMS COS INC COM WMB	WMB	1,621,375	$48.4m1.74%	1.74%	Added +96.6k	+96,649 6.3%
29	NORFOLK SOUTHN CORP COM NSC	NSC	225,100	$47.7m1.72%	1.72%	Added +40.0k	+40,000 21.6%
30	TC ENERGY CORP COM TRP	TRP	1,150,000	$44.7m1.61%	1.61%	Added +150.0k	+150,000 15.0%
31	FIRSTENERGY CORP COM FE	FE	983,192	$39.4m1.42%	1.42%	Reduced -197.0k	-197,042 -16.7%
32	DIGITAL RLTY TR INC COM DLR	DLR	379,147	$37.3m1.34%	1.34%	Reduced -245	-245 -0.1%
33	EDISON INTL COM EIX	EIX	489,832	$34.6m1.24%	1.24%	Added +56.1k	+56,113 12.9%
34	CHARTER COMMUNICATIONS INC N CL A CHTR	CHTR	89,132	$31.9m1.15%	1.15%	Reduced -130	-130 -0.1%
35	DT MIDSTREAM INC COMMON STOCK DTM	DTM	570,487	$28.2m1.01%	1.01%	Added +215.6k	+215,563 60.7%
36	REXFORD INDL RLTY INC COM REXR	REXR	339,115	$20.2m0.73%	0.73%	Added +112.3k	+112,258 49.5%
37	T-MOBILE US INC COM TMUS	TMUS	134,795	$19.5m0.70%	0.70%	Reduced -18.4k	-18,369 -12.0%
38	COGENT COMMUNICATIONS HLDGS COM NEW CCOI	CCOI	261,070	$16.6m0.60%	0.60%	Added +7.0k	+7,008 2.8%
39	ROGERS COMMUNICATIONS INC CL B RCI	RCI	326,462	$15.1m0.54%	0.54%	Added +56.8k	+56,792 21.1%
40	ATMOS ENERGY CORP COM ATO	ATO	134,423	$15.1m0.54%	0.54%	Reduced -1.6k	-1,569 -1.1%
41	LINDE PLC SHS LIN	LIN	39,354	$14.0m0.50%	0.50%	New
42	AMERICAN TOWER CORP NEW COM AMT	AMT	59,034	$12.1m0.43%	0.43%	Added +57.2k	+57,195 3110.1%
43	TELUS CORPORATION COM TU	TU	563,207	$11.2m0.40%	0.40%	Added +3.2k	+3,236 0.6%
44	CANADIAN NATL RY CO COM CNI	CNI	68,389	$8.1m0.29%	0.29%	Reduced -545	-545 -0.8%
45	NEXTERA ENERGY PARTNERS LP COM UNIT PART IN XIFR	XIFR	125,172	$7.6m0.27%	0.27%	Added +2.9k	+2,937 2.4%
46	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	23,455	$7.2m0.26%	0.26%	Reduced -140	-140 -0.6%
47	PROLOGIS INC. COM PLD	PLD	52,152	$6.5m0.23%	0.23%	Reduced -520	-520 -1.0%
48	FORTIS INC COM FTS	FTS	70,020	$3.0m0.11%	0.11%	Reduced -932.9k	-932,900 -93.0%
49	SOUTHERN CO COM SO	SO	38,283	$2.7m0.10%	0.10%	Reduced -353.6k	-353,568 -90.2%
50	REAVES UTIL INCOME FD COM SH BEN INT UTG	UTG	93,378	$2.6m0.10%	0.10%	Added +848	+848 0.9%
51	ONEOK INC NEW COM OKE	OKE	38,022	$2.4m0.09%	0.09%	Reduced -128	-128 -0.3%
52	CLEARWAY ENERGY INC CL A CL A		73,065	$2.2m0.08%	0.08%	Added +969	+969 1.3%
53	VISTRA CORP COM VST	VST	82,601	$2.0m0.07%	0.07%	Unchanged
54	ALPHABET INC CAP STK CL A GOOGL	GOOGL	13,566	$1.4m0.05%	0.05%	Reduced -52.8k	-52,778 -79.5%
55	EXXON MOBIL CORP COM XOM	XOM	12,800	$1.4m0.05%	0.05%	Unchanged
56	Deutsche Telekom AG ADR COM DTEGY	DTEGY	47,384	$1.2m0.04%	0.04%	Added +16.8k	+16,769 54.8%
57	AT&T INC COM T	T	46,881	$902.0k0.03%	0.03%	Added +316	+316 0.7%
58	APPLE INC COM AAPL	AAPL	4,800	$792.0k0.03%	0.03%	Unchanged
59	PPG INDS INC COM PPG	PPG	5,600	$748.0k0.03%	0.03%	Unchanged
60	ALPHABET INC CAP STK CL C GOOG	GOOG	6,700	$697.0k0.03%	0.03%	Unchanged
61	SCE Trust IV PFD EIX V0 PERP J	EIX V0 PERP J	29,927	$604.0k0.02%	0.02%	New
62	JOHNSON & JOHNSON COM JNJ	JNJ	3,630	$563.0k0.02%	0.02%	Unchanged
63	PHILIP MORRIS INTL INC COM PM	PM	5,000	$486.0k0.02%	0.02%	Unchanged
64	ALTRIA GROUP INC COM MO	MO	8,000	$357.0k0.01%	0.01%	Unchanged
65	CHEVRON CORP NEW COM CVX	CVX	2,000	$326.0k0.01%	0.01%	New
66	SCE TR III PFD EIX V5.75 PERP H	EIX V5.75 PERP H	15,473	$322.0k0.01%	0.01%	New

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
LINDE PLC 99952EUR	99952EUR	44,683	$14.6m44.7k shares
SELECT SECTOR SPDR TR XLU	XLU	40,093	$2.8m40.1k shares
UGI CORP NEW UGI	UGI	18,281	$678.0k18.3k shares
DOMINION ENERGY INC D	D	5,927	$363.0k5.9k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
RICE ACQUISITION CORP 3 KRSP.U · 13G · filed 2026-02-06	KRSP.U	8.0%≈ $25.7m	new	13G	2026-02-06