REAVES W H & CO INC

JERSEY CITY, NJ · CIK 740913 · 13F filing filed 2024-02-07

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.

$2.8bn reported value +8.9% vs Q3 2023

72positions

33.8%in top 10

4 new 22 added 35 reduced 0 sold out vs Q3 2023

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

VIRTUS ADVISERS, LLC – files its own report too; $609.8k of shares are in both

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

Holdings, Q4 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	NISOURCE INC COM NI	NI	4,231,655	$112.3m4.08%	4.08%	Reduced -168.9k	-168,878 -3.8%
2	CMS ENERGY CORP COM CMS	CMS	1,797,831	$104.4m3.79%	3.79%	Reduced -8.4k	-8,354 -0.5%
3	ENTERGY CORP NEW COM ETR	ETR	982,225	$99.4m3.61%	3.61%	Reduced -4.6k	-4,594 -0.5%
4	XCEL ENERGY INC COM XEL	XEL	1,488,696	$92.2m3.35%	3.35%	Added +206.3k	+206,327 16.1%
5	ALLIANT ENERGY CORP COM LNT	LNT	1,772,964	$91.0m3.30%	3.30%	Reduced -1.6k	-1,555 -0.1%
6	COMCAST CORP NEW CL A CMCSA	CMCSA	2,059,376	$90.3m3.28%	3.28%	Reduced -214.7k	-214,741 -9.4%
7	PPL CORP COM PPL	PPL	3,318,704	$89.9m3.27%	3.27%	Reduced -72.2k	-72,208 -2.1%
8	UNION PAC CORP COM UNP	UNP	352,343	$86.5m3.14%	3.14%	Reduced -26.8k	-26,783 -7.1%
9	SEMPRA COM SRE	SRE	1,132,356	$84.6m3.07%	3.07%	Added +100.9k	+100,924 9.8%
10	SBA COMMUNICATIONS CORP NEW CL A SBAC	SBAC	308,532	$78.3m2.84%	2.84%	Added +57.8k	+57,753 23.0%
11	EDISON INTL COM EIX	EIX	1,084,864	$77.6m2.82%	2.82%	Added +48.0k	+47,994 4.6%
12	BCE INC COM NEW BCE	BCE	1,964,863	$77.4m2.81%	2.81%	Reduced -2.4k	-2,376 -0.1%
13	CONSTELLATION ENERGY CORP COM CEG	CEG	630,781	$73.7m2.68%	2.68%	Reduced -64.0k	-64,041 -9.2%
14	DTE ENERGY CO COM DTE	DTE	660,283	$72.8m2.65%	2.65%	Reduced -196.0k	-195,996 -22.9%
15	DUKE ENERGY CORP NEW COM NEW DUK	DUK	695,257	$67.5m2.45%	2.45%	Reduced -221.2k	-221,178 -24.1%
16	CENTERPOINT ENERGY INC COM CNP	CNP	2,314,797	$66.1m2.40%	2.40%	Added +1.8m	+1,843,333 391.0%
17	ATMOS ENERGY CORP COM ATO	ATO	562,622	$65.2m2.37%	2.37%	Added +415.1k	+415,054 281.3%
18	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	485,725	$64.1m2.33%	2.33%	Added +17.7k	+17,654 3.8%
19	NEXTERA ENERGY INC COM NEE	NEE	1,020,355	$62.0m2.25%	2.25%	Reduced -512.0k	-511,966 -33.4%
20	EQUINIX INC COM EQIX	EQIX	76,375	$61.5m2.23%	2.23%	Reduced -660	-660 -0.9%
21	SOUTHERN CO COM SO	SO	876,751	$61.5m2.23%	2.23%	Added +27.1k	+27,105 3.2%
22	CANADIAN PACIFIC KANSAS CITY COM CP	CP	751,330	$59.4m2.16%	2.16%	Added +75.3k	+75,318 11.1%
23	PINNACLE WEST CAP CORP COM PNW	PNW	814,309	$58.5m2.13%	2.13%	Added +89.4k	+89,442 12.3%
24	AMERICAN TOWER CORP NEW COM AMT	AMT	269,106	$58.1m2.11%	2.11%	Unchanged
25	NORFOLK SOUTHN CORP COM NSC	NSC	235,100	$55.6m2.02%	2.02%	Unchanged
26	PUBLIC SVC ENTERPRISE GRP IN COM PEG	PEG	904,228	$55.3m2.01%	2.01%	Added +36.7k	+36,745 4.2%
27	OGE ENERGY CORP COM OGE	OGE	1,582,869	$55.3m2.01%	2.01%	Reduced -212.4k	-212,422 -11.8%
28	WILLIAMS COS INC COM WMB	WMB	1,558,619	$54.3m1.97%	1.97%	Reduced -51.1k	-51,055 -3.2%
29	EXELON CORP COM EXC	EXC	1,498,631	$53.8m1.95%	1.95%	Reduced -7.2k	-7,157 -0.5%
30	DT MIDSTREAM INC COMMON STOCK DTM	DTM	936,647	$51.3m1.86%	1.86%	Reduced -26.3k	-26,307 -2.7%
31	T-MOBILE US INC COM TMUS	TMUS	316,043	$50.7m1.84%	1.84%	Added +89.3k	+89,331 39.4%
32	TC ENERGY CORP COM TRP	TRP	1,220,000	$47.7m1.73%	1.73%	Unchanged
33	AMEREN CORP COM AEE	AEE	643,489	$46.5m1.69%	1.69%	Reduced -328.6k	-328,566 -33.8%
34	CHARTER COMMUNICATIONS INC N CL A CHTR	CHTR	107,627	$41.8m1.52%	1.52%	Added +17.9k	+17,919 20.0%
35	PG&E CORP COM PCG	PCG	2,216,847	$40.0m1.45%	1.45%	Reduced -800.2k	-800,175 -26.5%
36	VERIZON COMMUNICATIONS INC COM VZ	VZ	1,042,767	$39.3m1.43%	1.43%	Reduced -183.8k	-183,822 -15.0%
37	COGENT COMMUNICATIONS HLDGS COM NEW CCOI	CCOI	482,532	$36.7m1.33%	1.33%	Added +67.2k	+67,201 16.2%
38	CROWN CASTLE INC COM CCI	CCI	318,380	$36.7m1.33%	1.33%	Reduced -20.8k	-20,767 -6.1%
39	AMERICAN ELEC PWR CO INC COM AEP	AEP	382,938	$31.1m1.13%	1.13%	Reduced -300.9k	-300,873 -44.0%
40	DOMINION ENERGY INC COM D	D	547,434	$25.7m0.93%	0.93%	New
41	DIGITAL RLTY TR INC COM DLR	DLR	152,580	$20.5m0.75%	0.75%	Added +580	+580 0.4%
42	ONEOK INC NEW COM OKE	OKE	290,934	$20.4m0.74%	0.74%	Added +42.8k	+42,762 17.2%
43	CANADIAN NATL RY CO COM CNI	CNI	146,900	$18.5m0.67%	0.67%	Reduced -104	-104 -0.1%
44	LINDE PLC SHS LIN	LIN	35,439	$14.6m0.53%	0.53%	Reduced -1.3k	-1,263 -3.4%
45	ROGERS COMMUNICATIONS INC CL B RCI	RCI	308,543	$14.4m0.52%	0.52%	Reduced -7.5k	-7,451 -2.4%
46	FIRSTENERGY CORP COM FE	FE	348,100	$12.8m0.46%	0.46%	Unchanged
47	TALEN ENERGY CORP COM TLN	TLN	194,500	$12.4m0.45%	0.45%	New
48	VISTRA CORP COM VST	VST	266,818	$10.3m0.37%	0.37%	Added +197.3k	+197,315 283.9%
49	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	22,837	$8.1m0.30%	0.30%	Reduced -129	-129 -0.6%
50	PROLOGIS INC. COM PLD	PLD	51,704	$6.9m0.25%	0.25%	Unchanged
51	IDACORP INC COM IDA	IDA	62,958	$6.2m0.22%	0.22%	New
52	REXFORD INDL RLTY INC COM REXR	REXR	72,052	$4.0m0.15%	0.15%	Reduced -325.2k	-325,219 -81.9%
53	TELUS CORPORATION COM TU	TU	157,397	$2.8m0.10%	0.10%	Reduced -336.9k	-336,929 -68.2%
54	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	100,000	$2.6m0.10%	0.10%	New
55	REAVES UTIL INCOME FD COM SH BEN INT UTG	UTG	91,553	$2.4m0.09%	0.09%	Reduced -3.1k	-3,124 -3.3%
56	WEC ENERGY GROUP INC COM WEC	WEC	28,300	$2.4m0.09%	0.09%	Reduced -317.6k	-317,560 -91.8%
57	NORTHWEST NAT HLDG CO COM NWN	NWN	59,860	$2.3m0.08%	0.08%	Reduced -704	-704 -1.2%
58	FORTIS INC COM FTS	FTS	53,970	$2.2m0.08%	0.08%	Reduced -1.9k	-1,950 -3.5%
59	ALPHABET INC CAP STK CL A GOOGL	GOOGL	13,048	$1.8m0.07%	0.07%	Reduced -36	-36 -0.3%
60	SCE Trust IV PFD EIX V0 PERP J	EIX V0 PERP J	63,125	$1.4m0.05%	0.05%	Added +33.2k	+33,198 110.9%
61	EXXON MOBIL CORP COM XOM	XOM	12,800	$1.3m0.05%	0.05%	Unchanged
62	TXNM ENERGY INC COM TXNM	TXNM	28,138	$1.2m0.04%	0.04%	Added +1.3k	+1,339 5.0%
63	CHEVRON CORP NEW COM CVX	CVX	7,700	$1.1m0.04%	0.04%	Added +1.7k	+1,700 28.3%
64	ALPHABET INC CAP STK CL C GOOG	GOOG	7,150	$1.0m0.04%	0.04%	Added +500	+500 7.5%
65	APPLE INC COM AAPL	AAPL	4,800	$924.0k0.03%	0.03%	Unchanged
66	PPG INDS INC COM PPG	PPG	5,000	$748.0k0.03%	0.03%	Unchanged
67	Deutsche Telekom AG ADR COM DTEGY	DTEGY	25,958	$624.0k0.02%	0.02%	Reduced -3.7k	-3,738 -12.6%
68	JOHNSON & JOHNSON COM JNJ	JNJ	3,325	$521.0k0.02%	0.02%	Reduced -15	-15 -0.5%
69	PHILIP MORRIS INTL INC COM PM	PM	5,000	$470.0k0.02%	0.02%	Unchanged
70	SCE TR III PFD EIX V5.75 PERP H	EIX V5.75 PERP H	15,473	$387.0k0.01%	0.01%	Unchanged
71	ALTRIA GROUP INC COM MO	MO	8,000	$323.0k0.01%	0.01%	Unchanged
72	SCHLUMBERGER LTD COM STK SLB	SLB	6,000	$312.0k0.01%	0.01%	Added +2.0k	+2,000 50.0%

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