Vault-13

REAVES UTIL INCOME FD UTG

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

148 institutional holders -5 vs Q2 2023
6,804,4476.8m shares reported held*
$167.7mreported value*
14 new 49 added 40 reduced 21 sold out net bought ≈ $128.9k (+5.2k 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 ≈ $24.65.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 152Q4 22: 159Q1 23: 166Q2 23: 153Q3 23: 148148Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022152
Q4 2022159
Q1 2023166
Q2 2023153
Q3 2023148

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 23Q3 23: 63 bought or addedQ3 23: 61 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227059
Q1 20239441
Q2 20235766
Q3 20236361

Biggest buyers

Trek Financial, LLC Added +135,335+135.3k
HBW ADVISORY SERVICES LLC Added +43,604+43.6k
OSAIC HOLDINGS, INC. Added +34,951+35.0k
MORGAN STANLEY Added +34,820+34.8k
ROYAL BANK OF CANADA Added +31,503+31.5k
LPL Financial LLC Added +30,429+30.4k
Consolidated Portfolio Review Corp Added +21,260+21.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +19,954+20.0k
Atria Wealth Solutions, Inc. Added +14,416+14.4k
Highlander Capital Management, LLC Added +14,100+14.1k

Biggest sellers

Focused Wealth Management, Inc Reduced -83,853-83.9k
BANK OF AMERICA CORP /DE/ Reduced -40,349-40.3k
AMERIPRISE FINANCIAL INC Reduced -36,120-36.1k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -34,161-34.2k
ORG Partners LLC Reduced -31,895-31.9k
1832 Asset Management L.P. Sold out -29,172-29.2k
UBS Group AG Reduced -23,187-23.2k
ENVESTNET ASSET MANAGEMENT INC Reduced -23,161-23.2k
Mutual Advisors, LLC Sold out -19,534-19.5k
Snowden Capital Advisors LLC Sold out -18,922-18.9k

Insider purchases and sales in Q3 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 Q3 2023.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 723,322723.3k $17.8m $17.8m 0.00% Reduced -40.3k -40,349
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 708,910708.9k $17.5m $17.5m 0.00% Added +34.8k +34,820
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 456,841456.8k $11.3m $11.3m 0.00% Added +6.2k +6,184
4 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 369,194369.2k $9.1m $9.1m 0.01% Added +35.0k +34,951
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 354,836354.8k $8.7m $8.7m 0.00% Added +31.5k +31,503
6 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 274,618274.6k $6.8m $6.8m 0.01% Added +10.7k +10,735
7 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 247,994248.0k $6.1m $6.1m 0.00% Reduced -36.1k -36,120
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 237,570237.6k $5.9m $5.9m 0.00% Added +30.4k +30,429
9 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 197,714197.7k $4.9m $4.9m 0.04% Added +6.0k +6,013
10 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 196,284196.3k $4.8m $4.8m 0.01% Reduced -34.2k -34,161
11 GUGGENHEIM CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 166,220166.2k $4.1m $4.1m 0.04% Added +14.1k +14,067
12 HBW ADVISORY SERVICES LLC 0.85% of their portfolio SIMI VALLEY, CA 165,115165.1k $4.1m $4.1m 0.85% Added +43.6k +43,604
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 163,449163.4k $4.0m $4.0m 0.00% Reduced -23.2k -23,187
14 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 161,110161.1k $4.0m $4.0m 0.01% Added +10.6k +10,649
15 Trek Financial, LLC 0.34% of their portfolio Scottsdale, AZ 152,501152.5k $3.8m $3.8m 0.34% Added +135.3k +135,335
16 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 116,657116.7k $2.9m $2.9m 0.01% Reduced -1.1k -1,105
17 REAVES W H & CO INC 0.09% of their portfolio JERSEY CITY, NJ 94,67794.7k $2.3m $2.3m 0.09% Reduced -449 -449
18 Magnus Financial Group LLC 0.31% of their portfolio NEW YORK, NY 87,04187.0k $2.1m $2.1m 0.31% Added +1.3k +1,268
19 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 86,08286.1k $2.1m $2.1m 0.01% Reduced -577 -577
20 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 80,36880.4k $2.0m $2.0m 0.01% Reduced -8.3k -8,314
21 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.20% of their portfolio CEDAR RAPIDS, IA 80,14980.1k $2.0m $2.0m 0.20% Reduced -8.0k -7,971
22 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 79,62879.6k $2.0m $2.0m 0.01% Added +2.6k +2,559
23 Tradition Wealth Management, LLC 0.22% of their portfolio EDINA, MN 74,12674.1k $1.8m $1.8m 0.22% Added +4.3k +4,301
24 LANARK FINANCIAL, INC. 0.20% of their portfolio BIRMINGHAM, AL 72,77572.8k $1.8m $1.8m 0.20% First filing
25 Good Life Advisors, LLC 0.20% of their portfolio READING, PA 69,40569.4k $1.7m $1.7m 0.20% Added +219 +219
26 Claybrook Capital, LLC 0.93% of their portfolio WELLESLEY, MA 66,21266.2k $1.6m $1.6m 0.93% Unchanged
27 Sowell Financial Services LLC 0.09% of their portfolio NORTH LITTLE ROCK, AR 58,08058.1k $1.4m $1.4m 0.09% Reduced -17.1k -17,138
28 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 55,01055.0k $1.4m $1.4m 0.00% Added +2.9k +2,880
29 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 42,90442.9k $1.1m $1.1m 0.01% Added +14.4k +14,416
30 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 41,96542.0k $1.0m $1.0m 0.02% Added +1.4k +1,353
31 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 41,15441.2k $1.0m $1.0m 0.01% Added +4.0k +3,982
32 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 39,37639.4k $970.6k $970.6k 0.01% Added +5.9k +5,902
33 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 34,91234.9k $860.6k $860.6k 0.00% Reduced -27 -27
34 Consolidated Portfolio Review Corp 0.20% of their portfolio WOODBURY, NY 34,10534.1k $840.7k $840.7k 0.20% Added +21.3k +21,260
35 Semus Wealth Partners LLC 0.77% of their portfolio Boca Raton, FL 33,73333.7k $831.5k $831.5k 0.77% Reduced -346 -346
36 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 29,01129.0k $706.1k $706.1k 0.02% Reduced -1.1k -1,075
37 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 27,34427.3k $674.0k $674.0k 0.00% Reduced -1.7k -1,703
38 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 25,15425.2k $620.1k $620.1k 0.00% Added +12.3k +12,286
39 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 24,86224.9k $612.9k $612.9k 0.02% Added +370 +370
40 Biechele Royce Advisors 0.21% of their portfolio FISHERS, IN 23,50023.5k $579.0k $579.0k 0.21% Added +1.4k +1,420
41 Sound View Wealth Advisors Group, LLC 0.07% of their portfolio SAVANNAH, GA 22,92022.9k $565.0k $565.0k 0.07% Reduced -244 -244
42 Atlas Brown,Inc. 0.25% of their portfolio LOUISVILLE, KY 22,48722.5k $554.3k $554.3k 0.25% Added +121 +121
43 Certified Advisory Corp 0.10% of their portfolio ALTAMONTE SPRINGS, FL 22,15722.2k $546.2k $546.2k 0.10% Added +1.2k +1,176
44 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 22,15022.1k $546.0k $546.0k 0.01% Reduced -16.5k -16,506
45 Kovack Advisors, Inc. 0.08% of their portfolio FT. LAUDERDALE, FL 22,05422.1k $543.6k $543.6k 0.08% Reduced -945 -945
46 StoneX Group Inc. 0.06% of their portfolio NEW YORK, NY 21,19721.2k $522.5k $522.5k 0.06% Reduced -4.4k -4,411
47 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 21,16521.2k $521.7k $521.7k 0.04% Added +1.0k +1,036
48 Valeo Financial Advisors, LLC 0.02% of their portfolio CARMEL, IN 20,72120.7k $510.8k $510.8k 0.02% Added +3 +3
49 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 20,06120.1k $494.5k $494.5k 0.00% Reduced -956 -956
50 Welch Group, LLC 0.03% of their portfolio BIRMINGHAM, AL 20,01720.0k $493.4k $493.4k 0.03% Added +359 +359
51 Merrion Investment Management Co, LLC 0.43% of their portfolio Cranford, NJ 20,00020.0k $493.0k $493.0k 0.43% Unchanged
52 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 19,95420.0k $491.9k $491.9k 0.00% New
53 Highlander Capital Management, LLC 0.19% of their portfolio SHORT HILLS, NJ 19,55519.6k $482.0k $482.0k 0.19% Added +14.1k +14,100
54 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 19,26519.3k $475.0k $475.0k 0.04% Reduced -215 -215
55 WEDBUSH SECURITIES INC 0.02% of their portfolio PASADENA, CA 18,79818.8k $463.0k $463.0k 0.02% Added +1.5k +1,533
56 HUDSON EDGE INVESTMENT PARTNERS INC. 0.15% of their portfolio JERSEY CITY, NJ 18,58218.6k $458.0k $458.0k 0.15% Added +2.5k +2,500
57 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 18,38918.4k $451.0k $451.0k 0.00% Added +1.3k +1,251
58 NWF Advisory Services Inc. 0.11% of their portfolio Los Angeles, CA 18,18818.2k $448.3k $448.3k 0.11% Added +1.8k +1,800
59 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 18,00018.0k $443.7k $443.7k 0.00% Reduced -436 -436
60 Future Financial Wealth Managment LLC 0.47% of their portfolio CINCINNATI, OH 17,20017.2k $424.0k $424.0k 0.47% Added +3.0k +3,000
61 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 16,69516.7k $411.5k $411.5k 0.00% Reduced -23.2k -23,161
62 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 16,34416.3k $402.9k $402.9k 0.01% Added +440 +440
63 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 16,24116.2k $400.3k $400.3k 0.00% Reduced -6.8k -6,800
64 Focused Wealth Management, Inc 0.06% of their portfolio Newburgh, NY 14,59614.6k $359.8k $359.8k 0.06% Reduced -83.9k -83,853
65 Strategic Family Wealth Counselors, L.L.C. 0.17% of their portfolio FAIRFIELD, NJ 14,05314.1k $346.4k $346.4k 0.17% Added +2.4k +2,373
66 PEAPACK GLADSTONE FINANCIAL CORP 0.01% of their portfolio BEDMINSTER, NJ 13,05713.1k $322.0k $322.0k 0.01% Unchanged
67 Armor Investment Advisors, LLC 0.19% of their portfolio RALEIGH, NC 12,91812.9k $318.4k $318.4k 0.19% Added +574 +574
68 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.16% of their portfolio LEAWOOD, KS 12,58012.6k $310.1k $310.1k 0.16% New
69 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.02% of their portfolio BIRMINGHAM, AL 12,04012.0k $296.8k $296.8k 0.02% Added +12.0k +12,040
70 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 11,51011.5k $283.7k $283.7k 0.00% Reduced -279 -279
71 GRAYBILL WEALTH MANAGEMENT, LTD. 0.13% of their portfolio ELMHURST, IL 11,15111.2k $274.9k $274.9k 0.13% Reduced -111 -111
72 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 11,06711.1k $272.8k $272.8k 0.02% Reduced -1.7k -1,675
73 Commonwealth Financial Services, LLC 0.08% of their portfolio VIENNA, WV 10,94510.9k $269.8k $269.8k 0.08% First filing
74 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 10,58610.6k $261.0k $261.0k 0.00% Reduced -4.6k -4,576
75 Penbrook Management LLC 0.19% of their portfolio NEW YORK, NY 10,57510.6k $260.7k $260.7k 0.19% Added +125 +125
76 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 10,48410.5k $258.4k $258.4k 0.01% Reduced -47 -47
77 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 10,46310.5k $257.9k $257.9k 0.02% Unchanged
78 NEVILLE RODIE & SHAW INC 0.02% of their portfolio NEW YORK, NY 10,21810.2k $252.0k $252.0k 0.02% Unchanged
79 Navis Wealth Advisors, LLC 0.36% of their portfolio RYE BROOK, NY 10,00010.0k $246.5k $246.5k 0.36% Unchanged
80 Samalin Investment Counsel, LLC 0.14% of their portfolio CHAPPAQUA, NY 9,8329.8k $242.4k $242.4k 0.14% New
81 Paragon Wealth Strategies, LLC 0.07% of their portfolio JACKSONVILLE, FL 9,2599.3k $228.2k $228.2k 0.07% New
82 SeaCrest Wealth Management, LLC 0.03% of their portfolio PURCHASE, NY 9,0709.1k $223.6k $223.6k 0.03% Unchanged
83 BENJAMIN F. EDWARDS & COMPANY, INC. 0.01% of their portfolio ST. LOUIS, MO 8,8428.8k $218.0k $218.0k 0.01% Added +116 +116
84 Hollow Brook Wealth Management LLC 0.09% of their portfolio Katonah, NY 8,6338.6k $212.8k $212.8k 0.09% Reduced -511 -511
85 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 8,6108.6k $212.2k $212.2k 0.01% New
86 Lowe Wealth Advisors, LLC 0.11% of their portfolio COLUMBIA, MD 8,5508.6k $210.8k $210.8k 0.11% Reduced -350 -350
87 Wellington Shields & Co., LLC 0.05% of their portfolio NEW YORK, NY 8,5398.5k $210.5k $210.5k 0.05% Unchanged
88 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 8,4958.5k $209.4k $209.4k 0.00% New
89 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 8,4058.4k $207.2k $207.2k 0.00% Reduced -1.1k -1,050
90 Cassaday & Co Wealth Management LLC 0.01% of their portfolio MCLEAN, VA 8,2008.2k $202.1k $202.1k 0.01% New
91 Investors Research Corp 0.05% of their portfolio ATLANTA, GA 7,0777.1k $174.4k $174.4k 0.05% Unchanged
92 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 6,2116.2k $153.1k $153.1k 0.01% Reduced -215 -215
93 Grove Bank & Trust 0.02% of their portfolio Miami, FL 4,6234.6k $114.0k $114.0k 0.02% Unchanged
94 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,1154.1k $101.4k $101.4k 0.00% Reduced -311 -311
95 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3,9063.9k $96.3k $96.3k 0.00% Reduced -4.5k -4,470
96 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,8973.9k $96.1k $96.1k 0.00% New
97 OLIVER LAGORE VANVALIN INVESTMENT GROUP 0.04% of their portfolio FLINT, MI 3,7953.8k $93.5k $93.5k 0.04% Added +500 +500
98 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 2,7042.7k $66.7k $66.7k 0.00% Added +1.4k +1,352
99 Laurel Wealth Advisors LLC 0.01% of their portfolio CHARLOTTE, NC 2,5002.5k $61.6k $61.6k 0.01% Unchanged
100 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2,2652.3k $55.8k $55.8k 0.00% Unchanged