Vault-13

REAVES UTIL INCOME FD UTG

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

153 institutional holders -13 vs Q1 2023
6,731,3716.7m shares reported held*
$184.6mreported value*
8 new 49 added 47 reduced 19 sold out net sold ≈ $2.0m (-72.9k 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 ≈ $27.42.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 152Q4 22: 159Q1 23: 166Q2 23: 153153Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022152
Q4 2022159
Q1 2023166
Q2 2023153

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 23Q2 23: 57 bought or addedQ2 23: 66 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227059
Q1 20239441
Q2 20235766

Biggest buyers

ORG Partners LLC New +32,465+32.5k
ENVESTNET ASSET MANAGEMENT INC Added +29,739+29.7k
Claybrook Capital, LLC Added +17,935+17.9k
Sowell Financial Services LLC Added +17,583+17.6k
HBW ADVISORY SERVICES LLC Added +16,151+16.2k
LPL Financial LLC Added +15,254+15.3k
Virtu Financial LLC New +14,561+14.6k
BANK OF AMERICA CORP /DE/ Added +12,883+12.9k
Consolidated Portfolio Review Corp New +12,845+12.8k
FIRST TRUST ADVISORS LP Added +12,516+12.5k

Biggest sellers

Trek Financial, LLC Reduced -74,187-74.2k
MORGAN STANLEY Reduced -25,028-25.0k
OSAIC HOLDINGS, INC. Reduced -18,890-18.9k
AMERIPRISE FINANCIAL INC Reduced -18,429-18.4k
BANK OF MONTREAL /CAN/ Sold out -16,030-16.0k
Steward Partners Investment Advisory, LLC Reduced -15,672-15.7k
AVALON CAPITAL MANAGEMENT Sold out -15,375-15.4k
Belpointe Asset Management LLC Sold out -11,116-11.1k
Wealthspire Advisors, LLC Reduced -9,035-9.0k
HANCOCK WHITNEY CORP Sold out -8,898-8.9k

Insider purchases and sales in Q2 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.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 763,671763.7k $20.9m $20.9m 0.00% Added +12.9k +12,883
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 674,090674.1k $18.5m $18.5m 0.00% Reduced -25.0k -25,028
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 450,657450.7k $12.4m $12.4m 0.00% Reduced -2.0k -2,004
4 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 334,243334.2k $9.2m $9.2m 0.02% Reduced -18.9k -18,890
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 323,333323.3k $8.9m $8.9m 0.00% Added +2.7k +2,711
6 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 284,114284.1k $7.8m $7.8m 0.00% Reduced -18.4k -18,429
7 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 263,883263.9k $7.2m $7.2m 0.01% Reduced -7.2k -7,243
8 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 230,445230.4k $6.3m $6.3m 0.01% Reduced -7.3k -7,326
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 207,141207.1k $5.7m $5.7m 0.00% Added +15.3k +15,254
10 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 191,701191.7k $5.3m $5.3m 0.05% Added +3.7k +3,691
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 186,636186.6k $5.1m $5.1m 0.00% Reduced -117 -117
12 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 152,153152.2k $4.2m $4.2m 0.03% Added +10.7k +10,720
13 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 150,461150.5k $4.1m $4.1m 0.01% Reduced -81 -81
14 HBW ADVISORY SERVICES LLC 0.72% of their portfolio SIMI VALLEY, CA 121,511121.5k $3.3m $3.3m 0.72% Added +16.2k +16,151
15 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 117,762117.8k $3.2m $3.2m 0.01% Reduced -5.3k -5,313
16 Focused Wealth Management, Inc 0.49% of their portfolio Newburgh, NY 98,44998.4k $2.7m $2.7m 0.49% Added +5.7k +5,675
17 REAVES W H & CO INC 0.10% of their portfolio JERSEY CITY, NJ 95,12695.1k $2.6m $2.6m 0.10% Added +1.7k +1,748
18 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 88,68288.7k $2.4m $2.4m 0.01% Reduced -5.2k -5,156
19 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.24% of their portfolio CEDAR RAPIDS, IA 88,12088.1k $2.4m $2.4m 0.24% Reduced -3.1k -3,133
20 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 86,65986.7k $2.4m $2.4m 0.02% Added +737 +737
21 Magnus Financial Group LLC 0.34% of their portfolio NEW YORK, NY 85,77385.8k $2.4m $2.4m 0.34% Added +998 +998
22 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 77,06977.1k $2.1m $2.1m 0.01% Added +4.4k +4,443
23 Sowell Financial Services LLC 0.11% of their portfolio NORTH LITTLE ROCK, AR 75,21875.2k $2.1m $2.1m 0.11% Added +17.6k +17,583
24 Tradition Wealth Management, LLC 0.22% of their portfolio EDINA, MN 69,82569.8k $1.9m $1.9m 0.22% Added +5.1k +5,118
25 Good Life Advisors, LLC 0.21% of their portfolio READING, PA 69,18669.2k $1.9m $1.9m 0.21% Reduced -1.0k -1,016
26 Claybrook Capital, LLC 0.97% of their portfolio WELLESLEY, MA 66,21266.2k $1.8m $1.8m 0.97% Added +17.9k +17,935
27 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 52,13052.1k $1.4m $1.4m 0.00% Added +6.4k +6,362
28 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 40,61240.6k $1.1m $1.1m 0.02% Reduced -462 -462
29 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 39,85639.9k $1.1m $1.1m 0.00% Added +29.7k +29,739
30 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 38,65638.7k $1.1m $1.1m 0.02% Reduced -15.7k -15,672
31 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 37,17237.2k $1.0m $1.0m 0.01% Added +11.1k +11,085
32 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 34,93934.9k $958.0k $958.0k 0.00% Added +12.5k +12,516
33 Semus Wealth Partners LLC 0.86% of their portfolio Boca Raton, FL 34,07934.1k $934.4k $934.4k 0.86% Added +130 +130
34 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 33,47433.5k $917.9k $917.9k 0.01% Reduced -8.2k -8,220
35 ORG Partners LLC 0.14% of their portfolio ROANOKE, IN 32,46532.5k $890.6k $890.6k 0.14% New
36 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 30,08630.1k $824.4k $824.4k 0.02% Reduced -643 -643
37 1832 Asset Management L.P. 0.00% of their portfolio TORONTO, A6 29,17229.2k $799.9k $799.9k 0.00% Reduced -1.6k -1,629
38 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 29,04729.0k $796.5k $796.5k 0.00% Added +1.1k +1,098
39 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 28,48828.5k $781.2k $781.2k 0.01% Reduced -847 -847
40 StoneX Group Inc. 0.07% of their portfolio NEW YORK, NY 25,60825.6k $702.2k $702.2k 0.07% Reduced -2.9k -2,931
41 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 24,49224.5k $671.6k $671.6k 0.02% Added +14 +14
42 Sound View Wealth Advisors Group, LLC 0.08% of their portfolio SAVANNAH, GA 23,16423.2k $635.2k $635.2k 0.08% Reduced -26 -26
43 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 23,04123.0k $631.8k $631.8k 0.00% Added +125 +125
44 Kovack Advisors, Inc. 0.08% of their portfolio FT. LAUDERDALE, FL 22,99923.0k $630.6k $630.6k 0.08% Reduced -592 -592
45 Atlas Brown,Inc. 0.27% of their portfolio LOUISVILLE, KY 22,36622.4k $613.3k $613.3k 0.27% Added +115 +115
46 Biechele Royce Advisors 0.21% of their portfolio FISHERS, IN 22,08022.1k $606.0k $606.0k 0.21% Added +500 +500
47 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 21,01721.0k $576.3k $576.3k 0.00% Added +5.2k +5,176
48 Certified Advisory Corp 0.11% of their portfolio ALTAMONTE SPRINGS, FL 20,98121.0k $575.3k $575.3k 0.11% Added +501 +501
49 Valeo Financial Advisors, LLC 0.03% of their portfolio CARMEL, IN 20,71820.7k $568.1k $568.1k 0.03% Added +200 +200
50 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 20,12920.1k $551.9k $551.9k 0.04% Reduced -5.9k -5,931
51 Merrion Investment Management Co, LLC 0.47% of their portfolio Cranford, NJ 20,00020.0k $548.4k $548.4k 0.47% Unchanged
52 Welch Group, LLC 0.03% of their portfolio BIRMINGHAM, AL 19,65819.7k $539.0k $539.0k 0.03% Unchanged
53 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 19,53419.5k $535.6k $535.6k 0.02% Reduced -4.3k -4,291
54 CENTAURUS FINANCIAL, INC. 0.05% of their portfolio ANAHEIM, CA 19,48019.5k $534.0k $534.0k 0.05% Reduced -164 -164
55 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 18,92218.9k $518.8k $518.8k 0.02% Added +2.6k +2,579
56 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 18,43618.4k $505.5k $505.5k 0.00% Reduced -3.6k -3,578
57 WEDBUSH SECURITIES INC 0.02% of their portfolio PASADENA, CA 17,26517.3k $473.0k $473.0k 0.02% Added +2.7k +2,741
58 Trek Financial, LLC 0.04% of their portfolio Scottsdale, AZ 17,16617.2k $470.7k $470.7k 0.04% Reduced -74.2k -74,187
59 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,13817.1k $472.0k $472.0k 0.00% Added +1.4k +1,437
60 NWF Advisory Services Inc. 0.10% of their portfolio Los Angeles, CA 16,38816.4k $449.4k $449.4k 0.10% Unchanged
61 HUDSON EDGE INVESTMENT PARTNERS INC. 0.14% of their portfolio JERSEY CITY, NJ 16,08216.1k $441.0k $441.0k 0.14% Reduced -2.1k -2,110
62 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 15,90415.9k $436.1k $436.1k 0.01% Reduced -988 -988
63 JOHNSON INVESTMENT COUNSEL INC 0.01% of their portfolio Cincinnati, OH 15,26215.3k $418.5k $418.5k 0.01% Unchanged
64 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 15,16215.2k $415.7k $415.7k 0.01% Reduced -9.0k -9,035
65 BerganKDV Wealth Management, LLC 0.04% of their portfolio BLOOMINGTON, MN 15,00015.0k $411.3k $411.3k 0.04% Unchanged
66 Virtu Financial LLC 0.03% of their portfolio New York, NY 14,56114.6k $399.0k $399.0k 0.03% New
67 Future Financial Wealth Managment LLC 0.41% of their portfolio CINCINNATI, OH 14,20014.2k $389.4k $389.4k 0.41% Unchanged
68 PEAPACK GLADSTONE FINANCIAL CORP 0.01% of their portfolio BEDMINSTER, NJ 13,05713.1k $358.0k $358.0k 0.01% Unchanged
69 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 12,86812.9k $352.8k $352.8k 0.00% Reduced -5.6k -5,587
70 Consolidated Portfolio Review Corp 0.08% of their portfolio WOODBURY, NY 12,84512.8k $352.2k $352.2k 0.08% New
71 All Season Financial Advisors, Inc. 0.32% of their portfolio DENVER, CO 12,81012.8k $351.2k $351.2k 0.32% Reduced -5.8k -5,791
72 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 12,74212.7k $349.4k $349.4k 0.02% Reduced -201 -201
73 Western Wealth Management, LLC 0.03% of their portfolio GOLDEN, CO 12,68812.7k $347.9k $347.9k 0.03% Added +27 +27
74 Armor Investment Advisors, LLC 0.21% of their portfolio RALEIGH, NC 12,34412.3k $338.5k $338.5k 0.21% Added +76 +76
75 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 11,78911.8k $323.3k $323.3k 0.00% Reduced -999 -999
76 Strategic Family Wealth Counselors, L.L.C. 0.15% of their portfolio FAIRFIELD, NJ 11,68011.7k $320.3k $320.3k 0.15% New
77 GRAYBILL WEALTH MANAGEMENT, LTD. 0.15% of their portfolio ELMHURST, IL 11,26211.3k $308.8k $308.8k 0.15% Reduced -442 -442
78 Focus Financial Network, Inc. 0.02% of their portfolio MINNEAPOLIS, MN 10,53110.5k $288.8k $288.8k 0.02% Added +1.7k +1,707
79 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 10,46310.5k $286.9k $286.9k 0.02% Unchanged
80 Penbrook Management LLC 0.21% of their portfolio NEW YORK, NY 10,45010.4k $286.5k $286.5k 0.21% New
81 NEVILLE RODIE & SHAW INC 0.02% of their portfolio NEW YORK, NY 10,21810.2k $280.0k $280.0k 0.02% Unchanged
82 Arete Wealth Advisors, LLC 0.02% of their portfolio CHICAGO, IL 10,06910.1k $276.0k $276.0k 0.02% Added +383 +383
83 Navis Wealth Advisors, LLC 0.25% of their portfolio RYE BROOK, NY 10,00010.0k $274.2k $274.2k 0.25% Unchanged
84 Patriot Financial Group Insurance Agency, LLC 0.05% of their portfolio Westborough, MA 9,7069.7k $266.1k $266.1k 0.05% Reduced -805 -805
85 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 9,4559.5k $259.3k $259.3k 0.00% Reduced -30 -30
86 Hollow Brook Wealth Management LLC 0.11% of their portfolio Katonah, NY 9,1449.1k $250.7k $250.7k 0.11% Unchanged
87 Mariner, LLC 0.00% of their portfolio Overland Park, KS 9,1189.1k $250.0k $250.0k 0.00% Reduced -5.6k -5,629
88 SeaCrest Wealth Management, LLC 0.03% of their portfolio PURCHASE, NY 9,0709.1k $248.7k $248.7k 0.03% Reduced -1.8k -1,800
89 Lowe Wealth Advisors, LLC 0.12% of their portfolio COLUMBIA, MD 8,9008.9k $244.0k $244.0k 0.12% Added +250 +250
90 BENJAMIN F. EDWARDS & COMPANY, INC. 0.01% of their portfolio ST. LOUIS, MO 8,7268.7k $239.0k $239.0k 0.01% Reduced -466 -466
91 Wellington Shields & Co., LLC 0.06% of their portfolio NEW YORK, NY 8,5398.5k $234.1k $234.1k 0.06% Unchanged
92 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 8,3768.4k $233.3k $233.3k 0.01% Added +5.2k +5,200
93 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,1058.1k $222.0k $222.0k 0.00% Reduced -125 -125
94 TIEMANN INVESTMENT ADVISORS, LLC 0.11% of their portfolio MENLO PARK, CA 7,8567.9k $215.4k $215.4k 0.11% Reduced -2.0k -1,966
95 Modera Wealth Management, LLC 0.00% of their portfolio WESTWOOD, NJ 7,8087.8k $214.1k $214.1k 0.00% New
96 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,6807.7k $210.6k $210.6k 0.00% Added +7.6k +7,604
97 Platform Technology Partners 0.10% of their portfolio NEW YORK, NY 7,4657.5k $205.2k $205.2k 0.10% Added +55 +55
98 Investors Research Corp 0.05% of their portfolio ATLANTA, GA 7,0777.1k $194.1k $194.1k 0.05% Added +46 +46
99 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 6,4266.4k $176.2k $176.2k 0.01% Reduced -125 -125
100 Highlander Capital Management, LLC 0.07% of their portfolio SHORT HILLS, NJ 5,4555.5k $150.0k $150.0k 0.07% Unchanged