Vault-13

REAVES UTIL INCOME FD UTG

COM SH BEN INT · Closed-End Fund · CUSIP 756158101

166 institutional holders +7 vs Q4 2022
6,807,9366.8m shares reported held*
$193.2mreported value*
21 new 73 added 28 reduced 13 sold out net sold ≈ $7.9m (-280.1k shares)

* 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 ≈ $28.38.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 152Q4 22: 159Q1 23: 166166Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022152
Q4 2022159
Q1 2023166

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 70 bought or addedQ4 22: 59 cut or sold outQ4 22Q1 23: 94 bought or addedQ1 23: 41 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227059
Q1 20239441

Biggest buyers

MORGAN STANLEY Added +47,304+47.3k
Claybrook Capital, LLC Added +17,852+17.9k
STIFEL FINANCIAL CORP Added +16,876+16.9k
BANK OF MONTREAL /CAN/ New +16,030+16.0k
AMERIPRISE FINANCIAL INC Added +12,956+13.0k
Creative Planning Added +10,554+10.6k
WELLS FARGO & COMPANY/MN Added +9,850+9.8k
Hollow Brook Wealth Management LLC New +9,144+9.1k
GUGGENHEIM CAPITAL LLC Added +8,852+8.9k
Focus Financial Network, Inc. New +8,824+8.8k

Biggest sellers

Trek Financial, LLC Reduced -139,625-139.6k
Weiss Asset Management LP Sold out -74,655-74.7k
ROYAL BANK OF CANADA Reduced -71,422-71.4k
IBEX WEALTH ADVISORS Sold out -51,076-51.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -29,216-29.2k
Cambridge Investment Research Advisors, Inc. Reduced -28,946-28.9k
Elequin Capital, LP Reduced -19,895-19.9k
RAYMOND JAMES & ASSOCIATES Reduced -19,782-19.8k
Raymond James Financial Services Advisors, Inc. Reduced -19,495-19.5k
Sowell Financial Services LLC Reduced -17,001-17.0k

Insider purchases and sales in Q1 2023

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.

DateInsiderTradeSharesPrice ValueTheir holding
2023-03-15 Rhame Joseph Burns III Officer of Investment Advisor · Reaves Utility Income Fund Bought 2,000 $27.30 $54.6k2.0k shares +29%
2023-02-14 Rhame Joseph Burns III Officer of Investment Advisor · Reaves Utility Income Fund Bought 1,628 $29.59 $48.2k1.6k shares +31%

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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 750,788750.8k $21.3m $21.3m 0.00% Added +3.6k +3,601
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 699,118699.1k $19.8m $19.8m 0.00% Added +47.3k +47,304
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 452,661452.7k $12.8m $12.8m 0.00% Added +9.8k +9,850
4 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 353,133353.1k $10.0m $10.0m 0.02% Reduced -9.1k -9,088
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 320,622320.6k $9.1m $9.1m 0.00% Reduced -71.4k -71,422
6 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 302,543302.5k $8.6m $8.6m 0.00% Added +13.0k +12,956
7 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 271,126271.1k $7.7m $7.7m 0.01% Reduced -19.8k -19,782
8 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 237,771237.8k $6.7m $6.7m 0.01% Added +6.1k +6,136
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 191,887191.9k $5.4m $5.4m 0.00% Added +659 +659
10 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 188,010188.0k $5.3m $5.3m 0.05% Added +6.5k +6,451
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 186,753186.8k $5.3m $5.3m 0.00% Added +3.4k +3,367
12 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 150,542150.5k $4.3m $4.3m 0.01% Added +16.9k +16,876
13 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 141,433141.4k $4.0m $4.0m 0.03% Added +8.9k +8,852
14 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 123,075123.1k $3.5m $3.5m 0.01% Reduced -19.5k -19,495
15 HBW ADVISORY SERVICES LLC 0.75% of their portfolio SIMI VALLEY, CA 105,360105.4k $3.0m $3.0m 0.75% Added +3.0k +3,042
16 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 93,83893.8k $2.7m $2.7m 0.01% Added +8.5k +8,522
17 REAVES W H & CO INC 0.10% of their portfolio JERSEY CITY, NJ 93,37893.4k $2.6m $2.6m 0.10% Added +848 +848
18 Focused Wealth Management, Inc 0.53% of their portfolio Newburgh, NY 92,77492.8k $2.6m $2.6m 0.53% Added +3.7k +3,728
19 Trek Financial, LLC 0.24% of their portfolio Scottsdale, AZ 91,35391.4k $2.6m $2.6m 0.24% Reduced -139.6k -139,625
20 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.27% of their portfolio CEDAR RAPIDS, IA 91,25391.3k $2.6m $2.6m 0.27% Added +1.4k +1,404
21 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 85,92285.9k $2.4m $2.4m 0.02% Reduced -289 -289
22 Magnus Financial Group LLC 0.37% of their portfolio NEW YORK, NY 84,77584.8k $2.4m $2.4m 0.37% Added +2.0k +1,962
23 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 72,62672.6k $2.1m $2.1m 0.01% Reduced -28.9k -28,946
24 Good Life Advisors, LLC 0.25% of their portfolio READING, PA 70,20270.2k $2.0m $2.0m 0.25% Added +880 +880
25 Tradition Wealth Management, LLC 0.23% of their portfolio EDINA, MN 64,70764.7k $1.8m $1.8m 0.23% Reduced -13 -13
26 Sowell Financial Services LLC 0.13% of their portfolio NORTH LITTLE ROCK, AR 57,63557.6k $1.6m $1.6m 0.13% Reduced -17.0k -17,001
27 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 54,32854.3k $1.5m $1.5m 0.02% Added +7.0k +6,992
28 Claybrook Capital, LLC 0.77% of their portfolio WELLESLEY, MA 48,27748.3k $1.4m $1.4m 0.77% Added +17.9k +17,852
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 45,76845.8k $1.3m $1.3m 0.00% Added +4.4k +4,435
30 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 41,69441.7k $1.2m $1.2m 0.01% Added +1.0k +1,017
31 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 41,07441.1k $1.2m $1.2m 0.02% Added +388 +388
32 Semus Wealth Partners LLC 1.04% of their portfolio Boca Raton, FL 33,94933.9k $963.5k $963.5k 1.04% Added +177 +177
33 1832 Asset Management L.P. 0.00% of their portfolio TORONTO, A6 30,80130.8k $874.1k $874.1k 0.00% Reduced -169 -169
34 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 30,72930.7k $896.1k $896.1k 0.02% Added +4.5k +4,545
35 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 29,33529.3k $832.5k $832.5k 0.01% Reduced -1.9k -1,924
36 StoneX Group Inc. 0.09% of their portfolio NEW YORK, NY 28,53928.5k $809.9k $809.9k 0.09% Reduced -2.5k -2,514
37 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 27,94927.9k $793.2k $793.2k 0.01% Reduced -439 -439
38 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 26,08726.1k $740.4k $740.4k 0.01% Added +370 +370
39 J.W. COLE ADVISORS, INC. 0.05% of their portfolio TAMPA, FL 26,06026.1k $739.6k $739.6k 0.05% Added +1.8k +1,758
40 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 24,47824.5k $694.7k $694.7k 0.02% Added +1.2k +1,165
41 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 24,19724.2k $686.7k $686.7k 0.01% Reduced -16.1k -16,144
42 Mutual Advisors, LLC 0.03% of their portfolio OMAHA, NE 23,82523.8k $676.1k $676.1k 0.03% Added +464 +464
43 Kovack Advisors, Inc. 0.09% of their portfolio FT. LAUDERDALE, FL 23,59123.6k $669.5k $669.5k 0.09% Reduced -1.0k -1,023
44 Sound View Wealth Advisors Group, LLC 0.09% of their portfolio SAVANNAH, GA 23,19023.2k $658.1k $658.1k 0.09% Added +4.6k +4,568
45 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 22,91622.9k $650.4k $650.4k 0.01% Added +1.2k +1,235
46 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 22,42322.4k $636.4k $636.4k 0.00% Reduced -3.3k -3,274
47 Atlas Brown,Inc. 0.29% of their portfolio LOUISVILLE, KY 22,25122.3k $631.5k $631.5k 0.29% Added +108 +108
48 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 22,01422.0k $624.8k $624.8k 0.00% Reduced -2.9k -2,887
49 Biechele Royce Advisors 0.23% of their portfolio FISHERS, IN 21,58021.6k $612.0k $612.0k 0.23% Added +2.0k +2,050
50 Valeo Financial Advisors, LLC 0.03% of their portfolio CARMEL, IN 20,51820.5k $582.3k $582.3k 0.03% Unchanged
51 Certified Advisory Corp 0.10% of their portfolio ALTAMONTE SPRINGS, FL 20,48020.5k $581.2k $581.2k 0.10% Added +1.2k +1,238
52 Merrion Investment Management Co, LLC 0.54% of their portfolio Cranford, NJ 20,00020.0k $567.6k $567.6k 0.54% Unchanged
53 Welch Group, LLC 0.03% of their portfolio BIRMINGHAM, AL 19,65819.7k $557.9k $557.9k 0.03% Unchanged
54 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 19,64419.6k $557.0k $557.0k 0.04% Added +2.4k +2,363
55 All Season Financial Advisors, Inc. 0.48% of their portfolio DENVER, CO 18,60118.6k $527.9k $527.9k 0.48% Added +6.3k +6,340
56 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 18,45518.5k $523.7k $523.7k 0.00% Added +10.6k +10,554
57 HUDSON EDGE INVESTMENT PARTNERS INC. 0.16% of their portfolio JERSEY CITY, NJ 18,19218.2k $516.0k $516.0k 0.16% Added +485 +485
58 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 16,89216.9k $479.4k $479.4k 0.01% Added +1.2k +1,220
59 NWF Advisory Services Inc. 0.10% of their portfolio Los Angeles, CA 16,38816.4k $449.4k $449.4k 0.10% First filing
60 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 16,34316.3k $463.8k $463.8k 0.02% Added +3.6k +3,640
61 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 16,03016.0k $455.1k $455.1k 0.00% New
62 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 15,84115.8k $449.6k $449.6k 0.00% Reduced -875 -875
63 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 15,70115.7k $446.0k $446.0k 0.00% Added +94 +94
64 AVALON CAPITAL MANAGEMENT 0.22% of their portfolio Port Of Redwood City, CA 15,37515.4k $436.3k $436.3k 0.22% Unchanged
65 JOHNSON INVESTMENT COUNSEL INC 0.01% of their portfolio Cincinnati, OH 15,26215.3k $433.1k $433.1k 0.01% Unchanged
66 BerganKDV Wealth Management, LLC 0.04% of their portfolio BLOOMINGTON, MN 15,00015.0k $425.7k $425.7k 0.04% Unchanged
67 Mariner, LLC 0.00% of their portfolio Overland Park, KS 14,74714.7k $419.0k $419.0k 0.00% Added +4.0k +3,995
68 WEDBUSH SECURITIES INC 0.02% of their portfolio PASADENA, CA 14,52414.5k $412.0k $412.0k 0.02% Added +3.2k +3,162
69 Future Financial Wealth Managment LLC 0.44% of their portfolio CINCINNATI, OH 14,20014.2k $403.0k $403.0k 0.44% Reduced -5.7k -5,692
70 PEAPACK GLADSTONE FINANCIAL CORP 0.01% of their portfolio BEDMINSTER, NJ 13,05713.1k $371.0k $371.0k 0.01% Unchanged
71 Moors & Cabot, Inc. 0.03% of their portfolio BOSTON, MA 12,94312.9k $367.3k $367.3k 0.03% Reduced -3.4k -3,420
72 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 12,78812.8k $362.9k $362.9k 0.00% Reduced -251 -251
73 Western Wealth Management, LLC 0.03% of their portfolio GOLDEN, CO 12,66112.7k $359.3k $359.3k 0.03% Added +2.0k +1,975
74 Armor Investment Advisors, LLC 0.20% of their portfolio RALEIGH, NC 12,26812.3k $348.2k $348.2k 0.20% Added +434 +434
75 GRAYBILL WEALTH MANAGEMENT, LTD. 0.17% of their portfolio ELMHURST, IL 11,70411.7k $332.2k $332.2k 0.17% Added +495 +495
76 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 11,46611.5k $325.4k $325.4k 0.00% Unchanged
77 Belpointe Asset Management LLC 0.02% of their portfolio RENO, NV 11,11611.1k $315.5k $315.5k 0.02% Reduced -7.4k -7,382
78 SeaCrest Wealth Management, LLC 0.04% of their portfolio PURCHASE, NY 10,87010.9k $308.5k $308.5k 0.04% Added +1.3k +1,300
79 Patriot Financial Group Insurance Agency, LLC 0.06% of their portfolio Westborough, MA 10,51110.5k $298.3k $298.3k 0.06% Added +305 +305
80 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 10,46310.5k $296.9k $296.9k 0.03% Unchanged
81 NEVILLE RODIE & SHAW INC 0.03% of their portfolio NEW YORK, NY 10,21810.2k $290.0k $290.0k 0.03% Unchanged
82 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 10,11710.1k $287.1k $287.1k 0.00% Added +227 +227
83 Navis Wealth Advisors, LLC 0.31% of their portfolio RYE BROOK, NY 10,00010.0k $283.8k $283.8k 0.31% Unchanged
84 TIEMANN INVESTMENT ADVISORS, LLC 0.15% of their portfolio MENLO PARK, CA 9,8229.8k $278.8k $278.8k 0.15% Reduced -951 -951
85 Arete Wealth Advisors, LLC 0.02% of their portfolio CHICAGO, IL 9,6869.7k $275.0k $275.0k 0.02% Added +484 +484
86 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 9,4859.5k $269.2k $269.2k 0.00% Reduced -570 -570
87 BENJAMIN F. EDWARDS & COMPANY, INC. 0.01% of their portfolio ST. LOUIS, MO 9,1929.2k $261.0k $261.0k 0.01% Added +140 +140
88 Hollow Brook Wealth Management LLC 0.12% of their portfolio Katonah, NY 9,1449.1k $259.5k $259.5k 0.12% New
89 HANCOCK WHITNEY CORP 0.01% of their portfolio GULFPORT, MS 8,8988.9k $253.0k $253.0k 0.01% Unchanged
90 Focus Financial Network, Inc. 0.02% of their portfolio MINNEAPOLIS, MN 8,8248.8k $250.4k $250.4k 0.02% New
91 Lowe Wealth Advisors, LLC 0.13% of their portfolio COLUMBIA, MD 8,6508.7k $245.5k $245.5k 0.13% Added +450 +450
92 Wellington Shields & Co., LLC 0.05% of their portfolio NEW YORK, NY 8,5398.5k $242.3k $242.3k 0.05% Unchanged
93 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 8,4218.4k $239.0k $239.0k 0.00% Added +630 +630
94 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,2308.2k $234.0k $234.0k 0.00% Added +67 +67
95 IFG Advisory, LLC 0.02% of their portfolio ATLANTA, GA 7,6057.6k $215.8k $215.8k 0.02% Added +26 +26
96 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 7,5567.6k $214.4k $214.4k 0.00% New
97 Platform Technology Partners 0.10% of their portfolio NEW YORK, NY 7,4107.4k $210.3k $210.3k 0.10% New
98 Pinnacle Wealth Management Group, Inc. 0.18% of their portfolio PLYMOUTH, MI 7,2007.2k $204.3k $204.3k 0.18% Reduced -325 -325
99 TWO SIGMA SECURITIES, LLC 0.02% of their portfolio NEW YORK, NY 7,1757.2k $203.6k $203.6k 0.02% New
100 J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio SAN FRANCISCO, CA 7,0987.1k $201.4k $201.4k 0.00% New