REAVES UTIL INCOME FD UTG
COM SH BEN INT · Closed-End Fund · CUSIP 756158101
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $28.27.
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 152 |
| Q4 2022 | 159 |
Biggest buyers
| Trek Financial, LLC | Added | +124.7k |
| Weiss Asset Management LP | New | +74.7k |
| BANK OF AMERICA CORP /DE/ | Added | +47.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +29.2k |
| OPPENHEIMER & CO INC | Added | +26.7k |
| Good Life Advisors, LLC | Added | +26.2k |
| Elequin Capital, LP | New | +21.7k |
| Cetera Advisor Networks LLC | Added | +20.0k |
| MORGAN STANLEY | Added | +17.3k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | New | +15.7k |
Biggest sellers
| Paralel Advisors LLC | Sold out | -261.5k |
| BANK OF MONTREAL /CAN/ | Sold out | -18.5k |
| COHEN & STEERS, INC. | Sold out | -15.3k |
| LPL Financial LLC | Reduced | -12.4k |
| RITHOLTZ WEALTH MANAGEMENT | Sold out | -12.1k |
| Tradition Wealth Management, LLC | Reduced | -10.7k |
| Ahrens Investment Partners LLC | Sold out | -10.6k |
| Creative Planning | Reduced | -9.9k |
| All Season Financial Advisors, Inc. | Reduced | -9.8k |
| B. Riley Wealth Advisors, Inc. | Sold out | -9.3k |
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-10-04 | Rhame Joseph Burns III Officer of Investment Advisor · Reaves Utility Income Fund | Bought | $11.3k400 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 747.2k $21.1m | Added +47.8k |
| MORGAN STANLEY 0.00% of their portfolio | 651.8k $18.4m | Added +17.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 442.8k $12.5m | Added +1.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 392.0k $11.1m | Added +7.0k |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 362.2k $10.2m | Added +8.7k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 290.9k $8.2m | Added +4.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 289.6k $8.2m | Reduced -9.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio | 231.6k $6.5m | Added +1.5k |
| Trek Financial, LLC 0.65% of their portfolio | 231.0k $6.5m | Added +124.7k |
| LPL Financial LLC 0.00% of their portfolio | 191.2k $5.4m | Reduced -12.4k |
| UBS Group AG 0.00% of their portfolio | 183.4k $5.2m | Reduced -7.7k |
| Private Advisor Group, LLC 0.15% of their portfolio | 181.6k $5.1m | Added +8.5k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 142.6k $4.0m | Reduced -6.1k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 133.7k $3.8m | Reduced -178 |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 132.6k $3.7m | Added +9.0k |
| HBW ADVISORY SERVICES LLC 0.78% of their portfolio | 102.3k $2.9m | Added +4.6k |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 101.6k $2.9m | Added +15.4k |
| REAVES W H & CO INC 0.09% of their portfolio | 92.5k $2.6m | Reduced -1.1k |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.29% of their portfolio | 89.8k $2.5m | Reduced -7.7k |
| Focused Wealth Management, Inc 0.51% of their portfolio | 89.0k $2.5m | Reduced -428 |
| Cetera Advisor Networks LLC 0.02% of their portfolio | 86.2k $2.4m | Added +20.0k |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 85.3k $2.4m | Reduced -1.1k |
| Magnus Financial Group LLC 0.38% of their portfolio | 82.8k $2.3m | Added +5.2k |
| Weiss Asset Management LP 0.10% of their portfolio | 74.7k $2.1m | New |
| Sowell Financial Services LLC 0.14% of their portfolio | 74.6k $2.1m | Added +15.1k |
| Good Life Advisors, LLC 0.27% of their portfolio | 69.3k $2.0m | Added +26.2k |
| Tradition Wealth Management, LLC 0.26% of their portfolio | 64.7k $1.8m | Reduced -10.7k |
| IBEX WEALTH ADVISORS 0.33% of their portfolio | 51.1k $1.4m | Reduced -2.1k |
| Steward Partners Investment Advisory, LLC 0.02% of their portfolio | 47.3k $1.3m | Reduced -1.1k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 41.3k $1.2m | Reduced -1.6k |
| OPPENHEIMER & CO INC 0.03% of their portfolio | 40.7k $1.2m | Added +26.7k |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 40.7k $1.1m | Reduced -4.8k |
| Wealthspire Advisors, LLC 0.02% of their portfolio | 40.3k $1.1m | Reduced -2.1k |
| Semus Wealth Partners LLC 1.16% of their portfolio | 33.8k $954.7k | First filing |
| Atria Wealth Solutions, Inc. 0.01% of their portfolio | 31.3k $883.7k | Reduced -2.8k |
| StoneX Group Inc. 0.10% of their portfolio | 31.1k $883.7k | Reduced -82 |
| 1832 Asset Management L.P. 0.00% of their portfolio | 31.0k $875.5k | Reduced -3.1k |
| Claybrook Capital, LLC 0.53% of their portfolio | 30.4k $860.1k | Added +13.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 29.2k $825.9k | New |
| AE Wealth Management LLC 0.01% of their portfolio | 28.4k $802.5k | Added +2.2k |
| Brookstone Capital Management 0.02% of their portfolio | 26.2k $763.3k | Added +2.8k |
| Cetera Investment Advisers 0.01% of their portfolio | 25.7k $727.0k | Added +8.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 25.7k $726.5k | Added +9.4k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 24.9k $704.0k | Reduced -1.5k |
| Kovack Advisors, Inc. 0.10% of their portfolio | 24.6k $695.8k | Added +7 |
| J.W. COLE ADVISORS, INC. 0.05% of their portfolio | 24.3k $687.0k | Added +3.2k |
| Mutual Advisors, LLC 0.03% of their portfolio | 23.4k $660.4k | Added +521 |
| Sigma Planning Corp 0.02% of their portfolio | 23.3k $659.1k | Added +2.1k |
| Atlas Brown,Inc. 0.31% of their portfolio | 22.1k $626.0k | Added +106 |
| Elequin Capital, LP 0.17% of their portfolio | 21.7k $613.3k | New |
| DAVENPORT & Co LLC 0.01% of their portfolio | 21.7k $613.0k | Added +16 |
| Valeo Financial Advisors, LLC 0.03% of their portfolio | 20.5k $580.0k | Unchanged |
| Merrion Investment Management Co, LLC 0.53% of their portfolio | 20.0k $565.4k | Reduced -5.0k |
| Future Financial Wealth Managment LLC 0.64% of their portfolio | 19.9k $562.3k | Reduced -3.6k |
| Welch Group, LLC 0.03% of their portfolio | 19.7k $555.7k | Added +2.7k |
| Biechele Royce Advisors 0.23% of their portfolio | 19.5k $552.0k | Unchanged |
| Certified Advisory Corp 0.11% of their portfolio | 19.2k $544.0k | Reduced -1.2k |
| Sound View Wealth Advisors Group, LLC 0.05% of their portfolio | 18.6k $497.9k | Reduced -3.1k |
| Belpointe Asset Management LLC 0.03% of their portfolio | 18.5k $522.9k | Reduced -704 |
| HUDSON EDGE INVESTMENT PARTNERS INC. 0.17% of their portfolio | 17.7k $501.0k | Unchanged |
| CENTAURUS FINANCIAL, INC. 0.05% of their portfolio | 17.3k $489.0k | Reduced -2.5k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 16.7k $472.6k | Added +150 |
| Moors & Cabot, Inc. 0.03% of their portfolio | 16.4k $462.6k | Reduced -943 |
| Advisory Services Network, LLC 0.01% of their portfolio | 15.7k $443.0k | Added +6.5k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.07% of their portfolio | 15.7k $442.7k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 15.6k $441.0k | Reduced -1.5k |
| AVALON CAPITAL MANAGEMENT 0.22% of their portfolio | 15.4k $434.7k | Unchanged |
| JOHNSON INVESTMENT COUNSEL INC 0.01% of their portfolio | 15.3k $431.5k | Unchanged |
| BerganKDV Wealth Management, LLC 0.05% of their portfolio | 15.0k $424.1k | Unchanged |
| PEAPACK GLADSTONE FINANCIAL CORP 0.01% of their portfolio | 13.1k $369.0k | Unchanged |
| Baird Financial Group, Inc. 0.00% of their portfolio | 13.0k $369.0k | Added +1 |
| Snowden Capital Advisors LLC 0.02% of their portfolio | 12.7k $359.1k | Reduced -3.6k |
| All Season Financial Advisors, Inc. 0.31% of their portfolio | 12.3k $346.6k | Reduced -9.8k |
| HBK Sorce Advisory LLC 0.01% of their portfolio | 12.0k $340.0k | New |
| Armor Investment Advisors, LLC 0.20% of their portfolio | 11.8k $334.5k | Reduced -1.6k |
| US BANCORP \DE\ 0.00% of their portfolio | 11.5k $324.1k | Reduced -1.3k |
| WEDBUSH SECURITIES INC 0.02% of their portfolio | 11.4k $321.0k | Reduced -742 |
| GRAYBILL WEALTH MANAGEMENT, LTD. 0.17% of their portfolio | 11.2k $316.9k | Added +73 |
| TIEMANN INVESTMENT ADVISORS, LLC 0.18% of their portfolio | 10.8k $304.6k | Added +49 |
| Mariner, LLC 0.00% of their portfolio | 10.8k $304.0k | Added +2.1k |
| Western Wealth Management, LLC 0.03% of their portfolio | 10.7k $302.1k | Reduced -8.7k |
| FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio | 10.5k $295.8k | Unchanged |
| NEVILLE RODIE & SHAW INC 0.03% of their portfolio | 10.2k $289.0k | Reduced -3.2k |
| Patriot Financial Group Insurance Agency, LLC 0.07% of their portfolio | 10.2k $288.5k | Added +265 |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 10.1k $284.3k | Unchanged |
| Navis Wealth Advisors, LLC 0.40% of their portfolio | 10.0k $282.7k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 9.9k $279.6k | Added +1.2k |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 9.7k $273.9k | Reduced -9.0k |
| SeaCrest Wealth Management, LLC 0.04% of their portfolio | 9.6k $270.5k | Added +1.2k |
| INGALLS & SNYDER LLC 0.01% of their portfolio | 9.4k $265.0k | Reduced -667 |
| Arete Wealth Advisors, LLC 0.02% of their portfolio | 9.2k $260.1k | Reduced -288 |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.01% of their portfolio | 9.1k $256.0k | Added +339 |
| HANCOCK WHITNEY CORP 0.01% of their portfolio | 8.9k $252.0k | Unchanged |
| Wellington Shields & Co., LLC 0.05% of their portfolio | 8.5k $241.4k | Reduced -100 |
| Lowe Wealth Advisors, LLC 0.13% of their portfolio | 8.2k $231.8k | Unchanged |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 8.2k $231.0k | Reduced -116 |
| Creative Planning 0.00% of their portfolio | 7.9k $223.5k | Reduced -9.9k |
| MONEY CONCEPTS CAPITAL CORP 0.01% of their portfolio | 7.8k $221.9k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 7.8k $220.3k | New |
| INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio | 7.7k $218.3k | New |