REAVES W H & CO INC

JERSEY CITY, NJ · CIK 740913 · 13F filing filed 2024-11-05

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.

$3.7bn reported value +23.4% vs Q2 2024

77positions

42.0%in top 10

3 new 25 added 32 reduced 4 sold out vs Q2 2024

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

VIRTUS ADVISERS, LLC – files its own report too; $1.9m of shares are in both

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

Holdings, Q3 2024

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	TALEN ENERGY CORP COM TLN	TLN	1,313,066	$234.0m6.40%	6.40%	Added +67.9k	+67,872 5.5%
2	CONSTELLATION ENERGY CORP COM CEG	CEG	827,729	$215.2m5.89%	5.89%	Added +33.8k	+33,786 4.3%
3	VISTRA CORP COM VST	VST	1,554,638	$184.3m5.04%	5.04%	Added +72.8k	+72,797 4.9%
4	ENTERGY CORP NEW COM ETR	ETR	1,152,691	$151.7m4.15%	4.15%	Added +401.9k	+401,865 53.5%
5	CENTERPOINT ENERGY INC COM CNP	CNP	4,748,391	$139.7m3.82%	3.82%	Added +1.1m	+1,077,277 29.3%
6	SEMPRA COM SRE	SRE	1,587,272	$132.7m3.63%	3.63%	Added +400.8k	+400,839 33.8%
7	NISOURCE INC COM NI	NI	3,768,482	$130.6m3.57%	3.57%	Added +363.6k	+363,555 10.7%
8	NEXTERA ENERGY INC COM NEE	NEE	1,506,844	$127.4m3.48%	3.48%	Added +329.5k	+329,521 28.0%
9	DTE ENERGY CO COM DTE	DTE	903,145	$116.0m3.17%	3.17%	Added +287.5k	+287,456 46.7%
10	EDISON INTL COM EIX	EIX	1,209,102	$105.3m2.88%	2.88%	Added +566.1k	+566,111 88.0%
11	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	3,593,940	$104.6m2.86%	2.86%	Added +1.3m	+1,310,500 57.4%
12	EQUINIX INC COM EQIX	EQIX	113,311	$100.6m2.75%	2.75%	Added +7.3k	+7,349 6.9%
13	CMS ENERGY CORP COM CMS	CMS	1,329,398	$93.9m2.57%	2.57%	Reduced -12.9k	-12,864 -1.0%
14	SBA COMMUNICATIONS CORP NEW CL A SBAC	SBAC	389,246	$93.7m2.56%	2.56%	Added +41.1k	+41,131 11.8%
15	PG&E CORP COM PCG	PCG	4,715,933	$93.2m2.55%	2.55%	Added +825.9k	+825,860 21.2%
16	ALLIANT ENERGY CORP COM LNT	LNT	1,514,997	$91.9m2.52%	2.52%	Reduced -50.2k	-50,205 -3.2%
17	PINNACLE WEST CAP CORP COM PNW	PNW	1,028,632	$91.1m2.49%	2.49%	Added +38.1k	+38,112 3.9%
18	TXNM ENERGY INC COM TXNM	TXNM	1,890,246	$82.7m2.26%	2.26%	Added +119.3k	+119,270 6.7%
19	QUANTA SVCS INC COM PWR	PWR	257,611	$76.8m2.10%	2.10%	Added +7.9k	+7,938 3.2%
20	ATMOS ENERGY CORP COM ATO	ATO	553,072	$76.7m2.10%	2.10%	Added +6.3k	+6,289 1.1%
21	UNION PAC CORP COM UNP	UNP	304,710	$75.1m2.05%	2.05%	Reduced -64.9k	-64,868 -17.6%
22	DT MIDSTREAM INC COMMON STOCK DTM	DTM	907,550	$71.4m1.95%	1.95%	Reduced -70.6k	-70,606 -7.2%
23	CAMECO CORP COM CCJ	CCJ	1,442,863	$68.9m1.89%	1.89%	Added +369.5k	+369,473 34.4%
24	PUBLIC SVC ENTERPRISE GRP IN COM PEG	PEG	766,336	$68.4m1.87%	1.87%	Added +36.4k	+36,439 5.0%
25	COMCAST CORP NEW CL A CMCSA	CMCSA	1,566,147	$65.4m1.79%	1.79%	Added +213.2k	+213,173 15.8%
26	T-MOBILE US INC COM TMUS	TMUS	315,889	$65.2m1.78%	1.78%	Reduced -52.4k	-52,372 -14.2%
27	IDACORP INC COM IDA	IDA	569,107	$58.7m1.61%	1.61%	Added +113.6k	+113,607 24.9%
28	AMERICAN TOWER CORP NEW COM AMT	AMT	238,512	$55.5m1.52%	1.52%	Reduced -30.0k	-30,000 -11.2%
29	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	362,764	$53.1m1.45%	1.45%	Reduced -20.0k	-20,000 -5.2%
30	WILLIAMS COS INC COM WMB	WMB	1,135,447	$51.8m1.42%	1.42%	Reduced -165.0k	-165,000 -12.7%
31	OGE ENERGY CORP COM OGE	OGE	1,262,867	$51.8m1.42%	1.42%	Reduced -108.7k	-108,676 -7.9%
32	PPL CORP COM PPL	PPL	1,400,046	$46.3m1.27%	1.27%	Reduced -1.0m	-1,033,501 -42.5%
33	COGENT COMMUNICATIONS HLDGS COM NEW CCOI	CCOI	596,562	$45.3m1.24%	1.24%	Reduced -33.4k	-33,420 -5.3%
34	NORFOLK SOUTHN CORP COM NSC	NSC	177,600	$44.1m1.21%	1.21%	Added +137.0k	+137,000 337.4%
35	VERIZON COMMUNICATIONS INC COM VZ	VZ	942,767	$42.3m1.16%	1.16%	Unchanged
36	BCE INC COM NEW BCE	BCE	1,214,195	$42.3m1.16%	1.16%	Unchanged
37	VERTIV HOLDINGS CO COM CL A VRT	VRT	394,903	$39.3m1.07%	1.07%	Added +11.7k	+11,718 3.1%
38	CANADIAN NATL RY CO COM CNI	CNI	311,309	$36.5m1.00%	1.00%	Reduced -125.4k	-125,353 -28.7%
39	FRONTIER COMMUNICATIONS PARE COM FYBR	FYBR	783,372	$27.8m0.76%	0.76%	Reduced -106.6k	-106,584 -12.0%
40	CROWN CASTLE INC COM CCI	CCI	210,404	$25.0m0.68%	0.68%	Reduced -71	-71 -0.0%
41	CHARTER COMMUNICATIONS INC N CL A CHTR	CHTR	75,743	$24.5m0.67%	0.67%	Unchanged
42	AMEREN CORP COM AEE	AEE	278,000	$24.3m0.67%	0.67%	Reduced -30.0k	-30,000 -9.7%
43	CANADIAN PACIFIC KANSAS CITY COM CP	CP	252,909	$21.6m0.59%	0.59%	Reduced -77.3k	-77,335 -23.4%
44	XCEL ENERGY INC COM XEL	XEL	269,500	$17.6m0.48%	0.48%	Reduced -166.8k	-166,776 -38.2%
45	LINDE PLC SHS LIN	LIN	21,951	$10.5m0.29%	0.29%	Reduced -5.6k	-5,588 -20.3%
46	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	18,387	$8.5m0.23%	0.23%	Reduced -2.5k	-2,525 -12.1%
47	FIRSTENERGY CORP COM FE	FE	190,000	$8.4m0.23%	0.23%	Unchanged
48	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	39,580	$7.9m0.22%	0.22%	Reduced -9.4k	-9,353 -19.1%
49	DYCOM INDS INC COM DY	DY	35,358	$7.0m0.19%	0.19%	Added +31.9k	+31,858 910.2%
50	DUKE ENERGY CORP NEW COM NEW DUK	DUK	55,550	$6.4m0.18%	0.18%	Reduced -381.0k	-381,000 -87.3%
51	DIGITAL RLTY TR INC COM DLR	DLR	30,476	$4.9m0.13%	0.13%	Unchanged
52	SOUTHERN CO COM SO	SO	41,771	$3.8m0.10%	0.10%	Reduced -554.5k	-554,549 -93.0%
53	CHESAPEAKE UTILS CORP COM CPK	CPK	30,000	$3.7m0.10%	0.10%	New
54	REAVES UTIL INCOME FD COM SH BEN INT UTG	UTG	84,402	$2.8m0.08%	0.08%	Reduced -773	-773 -0.9%
55	WEC ENERGY GROUP INC COM WEC	WEC	28,300	$2.7m0.07%	0.07%	Unchanged
56	ONEOK INC NEW COM OKE	OKE	25,307	$2.3m0.06%	0.06%	Reduced -2.3k	-2,276 -8.2%
57	TELUS CORPORATION COM TU	TU	126,719	$2.1m0.06%	0.06%	Reduced -2.8k	-2,825 -2.2%
58	ALPHABET INC CAP STK CL A GOOGL	GOOGL	12,708	$2.1m0.06%	0.06%	Reduced -9.0k	-9,041 -41.6%
59	FORTIS INC COM FTS	FTS	33,970	$1.5m0.04%	0.04%	Unchanged
60	SCE Trust IV PFD EIX V0 PERP J	EIX V0 PERP J	63,125	$1.5m0.04%	0.04%	Unchanged
61	EXXON MOBIL CORP COM XOM	XOM	12,800	$1.5m0.04%	0.04%	Unchanged
62	ROGERS COMMUNICATIONS INC CL B RCI	RCI	35,923	$1.4m0.04%	0.04%	Reduced -42.8k	-42,794 -54.4%
63	MDU RES GROUP INC COM MDU	MDU	50,000	$1.4m0.04%	0.04%	New
64	NORTHWEST NAT HLDG CO COM NWN	NWN	29,026	$1.2m0.03%	0.03%	Reduced -30.0k	-30,000 -50.8%
65	CHEVRON CORP NEW COM CVX	CVX	7,700	$1.1m0.03%	0.03%	Unchanged
66	APPLE INC COM AAPL	AAPL	4,800	$1.1m0.03%	0.03%	Unchanged
67	ALPHABET INC CAP STK CL C GOOG	GOOG	6,630	$1.1m0.03%	0.03%	Reduced -510	-510 -7.1%
68	PROLOGIS INC. COM PLD	PLD	8,083	$1.0m0.03%	0.03%	Reduced -1.2k	-1,176 -12.7%
69	EXELON CORP COM EXC	EXC	20,235	$821.0k0.02%	0.02%	Reduced -472.0k	-471,961 -95.9%
70	Deutsche Telekom AG ADR COM DTEGY	DTEGY	25,747	$758.0k0.02%	0.02%	Unchanged
71	PPG INDS INC COM PPG	PPG	5,000	$662.0k0.02%	0.02%	Unchanged
72	PHILIP MORRIS INTL INC COM PM	PM	5,000	$607.0k0.02%	0.02%	Unchanged
73	JOHNSON & JOHNSON COM JNJ	JNJ	3,280	$532.0k0.01%	0.01%	Reduced -10	-10 -0.3%
74	UNITED STATES CELLULAR CORP COM AD	AD	7,500	$410.0k0.01%	0.01%	Unchanged
75	ALTRIA GROUP INC COM MO	MO	8,000	$408.0k0.01%	0.01%	Unchanged
76	SCHLUMBERGER LTD COM STK SLB	SLB	7,000	$294.0k0.01%	0.01%	Unchanged
77	AMERICAN ELEC PWR CO INC COM AEP	AEP	2,095	$215.0k0.01%	0.01%	New

Sold out since Q2 2024

Security	Ticker	Shares held before	Value then
TC ENERGY CORP TRP	TRP	730,000	$27.7m730.0k shares
SCE TR III EIX V5.75 PERP H	EIX V5.75 PERP H	15,473	$390.0k15.5k shares
FIRST SOLAR INC FSLR	FSLR	1,500	$338.0k1.5k shares
CENTURI HOLDINGS INC CTRI	CTRI	15,000	$292.0k15.0k 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