Vault-13

REAVES UTIL INCOME FD UTG

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

168 institutional holders +5 vs Q4 2023
9,514,6379.5m shares reported held*
$255.2mreported value*
17 new 62 added 37 reduced 14 sold out net bought ≈ $32.5m (+1.2m 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 ≈ $26.82.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 152Q4 22: 159Q1 23: 166Q2 23: 153Q3 23: 148Q4 23: 163Q1 24: 168168Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022152
Q4 2022159
Q1 2023166
Q2 2023153
Q3 2023148
Q4 2023163
Q1 2024168

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 23Q4 23: 76 bought or addedQ4 23: 57 cut or sold outQ4 23Q1 24: 79 bought or addedQ1 24: 51 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227059
Q1 20239441
Q2 20235766
Q3 20236361
Q4 20237657
Q1 20247951

Biggest buyers

MORGAN STANLEY Added +760,222+760.2k
Cetera Investment Advisers Added +97,420+97.4k
PFG Investments, LLC New +73,305+73.3k
NewEdge Advisors, LLC Added +68,527+68.5k
Aquire Wealth Advisors, LLC New +46,915+46.9k
OAK FAMILY ADVISORS, LLC New +45,629+45.6k
LPL Financial LLC Added +44,199+44.2k
WELLS FARGO & COMPANY/MN Added +43,932+43.9k
Mariner, LLC New +37,491+37.5k
Sterling Investment Advisors, Ltd. Added +33,732+33.7k

Biggest sellers

Cetera Advisor Networks LLC Sold out -76,552-76.6k
BANK OF AMERICA CORP /DE/ Reduced -57,251-57.3k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Reduced -36,236-36.2k
LANARK FINANCIAL, INC. Reduced -27,591-27.6k
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC Sold out -24,267-24.3k
Raymond James Financial Services Advisors, Inc. Reduced -21,299-21.3k
HighTower Advisors, LLC Reduced -13,931-13.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -12,628-12.6k
GUGGENHEIM CAPITAL LLC Reduced -11,981-12.0k
Atria Wealth Solutions, Inc. Reduced -11,595-11.6k

Insider purchases and sales in Q1 2024

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q2 22: 0 buyingQ2 22: 0 sellingQ3 22: 0 buyingQ3 22: 0 sellingQ3 22Q4 22: 0 buyingQ4 22: 0 sellingQ1 23: 0 buyingQ1 23: 0 sellingQ1 23Q2 23: 0 buyingQ2 23: 0 sellingQ3 23: 0 buyingQ3 23: 0 sellingQ3 23Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 1 buyingQ1 24: 0 sellingQ1 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20220—0——
Q3 20220—0——
Q4 20220—0——
Q1 20230—0——
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20241$50.0k0——
DateInsiderTradeSharesPrice ValueTheir holding
2024-03-25 Legg JoEllen Director · Reaves Utility Income Fund Bought 1,890 $26.46 $50.0k1.9k shares new

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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,213,7182.2m $59.7m $59.7m 0.00% Added +760.2k +760,222
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 673,043673.0k $18.1m $18.1m 0.00% Reduced -57.3k -57,251
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 517,226517.2k $13.9m $13.9m 0.00% Added +43.9k +43,932
4 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 403,016403.0k $10.9m $10.9m 0.00% Added +30.0k +30,020
5 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 361,044361.0k $9.7m $9.7m 0.02% Added +20.7k +20,664
6 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 337,734337.7k $9.1m $9.1m 0.00% Added +44.2k +44,199
7 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 280,809280.8k $7.6m $7.6m 0.01% Reduced -3.1k -3,137
8 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 278,631278.6k $7.5m $7.5m 0.00% Added +20.2k +20,238
9 J.W. COLE ADVISORS, INC. 0.36% of their portfolio TAMPA, FL 266,519266.5k $7.2m $7.2m 0.36% Added +23.9k +23,860
10 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 213,631213.6k $5.8m $5.8m 0.01% Added +476 +476
11 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 203,515203.5k $5.5m $5.5m 0.04% Added +1.4k +1,351
12 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 181,965182.0k $4.9m $4.9m 0.03% Reduced -12.0k -11,981
13 HBW ADVISORY SERVICES LLC 0.84% of their portfolio SIMI VALLEY, CA 167,701167.7k $4.5m $4.5m 0.84% Unchanged
14 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 163,068163.1k $4.4m $4.4m 0.01% Reduced -1.8k -1,824
15 Sterling Investment Advisors, Ltd. 1.19% of their portfolio BERWYN, PA 156,776156.8k $4.2m $4.2m 1.19% Added +33.7k +33,732
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 155,358155.4k $4.2m $4.2m 0.00% Added +4.1k +4,066
17 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 142,410142.4k $3.8m $3.8m 0.01% Added +97.4k +97,420
18 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 135,273135.3k $3.6m $3.6m 0.03% Added +26.8k +26,785
19 Magnus Financial Group LLC 0.40% of their portfolio NEW YORK, NY 125,533125.5k $3.4m $3.4m 0.40% Added +19.4k +19,372
20 JBR Co Financial Management Inc 2.44% of their portfolio ARDMORE, OK 113,329113.3k $3.1m $3.1m 2.44% Reduced -4.1k -4,129
21 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 100,209100.2k $2.7m $2.7m 0.02% Added +68.5k +68,527
22 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 90,96591.0k $2.5m $2.5m 0.00% Reduced -21.3k -21,299
23 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 88,00088.0k $2.4m $2.4m 0.01% Added +2.9k +2,886
24 REAVES W H & CO INC 0.08% of their portfolio JERSEY CITY, NJ 86,03386.0k $2.3m $2.3m 0.08% Reduced -5.5k -5,520
25 LongView Wealth Management 0.81% of their portfolio ATLANTA, GA 75,33375.3k $2.0m $2.0m 0.81% Reduced -867 -867
26 PFG Investments, LLC 0.12% of their portfolio WOODBURY, NY 73,30573.3k $2.0m $2.0m 0.12% New
27 Tradition Wealth Management, LLC 0.20% of their portfolio EDINA, MN 72,99773.0k $2.0m $2.0m 0.20% Added +4.6k +4,578
28 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 69,52869.5k $1.9m $1.9m 0.01% Added +10.9k +10,901
29 Good Life Advisors, LLC 0.16% of their portfolio READING, PA 67,12367.1k $1.8m $1.8m 0.16% Reduced -3.2k -3,245
30 WEALTH EFFECTS LLC 0.63% of their portfolio BOSTON, MA 63,63963.6k $1.7m $1.7m 0.63% Added +25.7k +25,696
31 Consolidated Portfolio Review Corp 0.44% of their portfolio WOODBURY, NY 61,61861.6k $1.7m $1.7m 0.44% Added +8.2k +8,231
32 Sowell Financial Services LLC 0.08% of their portfolio NORTH LITTLE ROCK, AR 59,21959.2k $1.6m $1.6m 0.08% Added +341 +341
33 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 56,19856.2k $264.0k $264.0k 0.00% Added +6.4k +6,426
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 54,67654.7k $1.5m $1.5m 0.00% Added +5.9k +5,868
35 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 52,20552.2k $1.4m $1.4m 0.02% Reduced -11.6k -11,595
36 Aquire Wealth Advisors, LLC 0.44% of their portfolio Salt Lake City, UT 46,91546.9k $1.3m $1.3m 0.44% New
37 OAK FAMILY ADVISORS, LLC 0.47% of their portfolio CHICAGO, IL 45,62945.6k $1.2m $1.2m 0.47% New
38 LANARK FINANCIAL, INC. 0.11% of their portfolio BIRMINGHAM, AL 45,09745.1k $1.2m $1.2m 0.11% Reduced -27.6k -27,591
39 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 41,40141.4k $1.1m $1.1m 0.02% Reduced -567 -567
40 Mariner, LLC 0.00% of their portfolio Overland Park, KS 37,49137.5k $1.0m $1.0m 0.00% New
41 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 36,39636.4k $981.2k $981.2k 0.00% Added +3.3k +3,307
42 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 36,36136.4k $980.3k $980.3k 0.01% Added +4.7k +4,664
43 Highlander Capital Management, LLC 0.32% of their portfolio SHORT HILLS, NJ 34,45534.5k $928.9k $928.9k 0.32% Added +2.5k +2,500
44 Semus Wealth Partners LLC 0.68% of their portfolio Boca Raton, FL 30,12030.1k $812.0k $812.0k 0.68% Reduced -709 -709
45 Future Financial Wealth Managment LLC 0.62% of their portfolio CINCINNATI, OH 29,88529.9k $805.7k $805.7k 0.62% Added +11.5k +11,485
46 WEDBUSH SECURITIES INC 0.03% of their portfolio PASADENA, CA 27,49627.5k $741.0k $741.0k 0.03% Added +2.6k +2,633
47 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 27,36827.4k $737.8k $737.8k 0.01% Added +3.4k +3,381
48 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 26,11226.1k $704.0k $704.0k 0.02% Added +14.1k +14,058
49 Armor Investment Advisors, LLC 0.33% of their portfolio RALEIGH, NC 25,34925.3k $683.4k $683.4k 0.33% Added +11.4k +11,356
50 Kovack Advisors, Inc. 0.08% of their portfolio FT. LAUDERDALE, FL 24,02124.0k $647.6k $647.6k 0.08% Reduced -214 -214
51 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 23,89923.9k $644.3k $644.3k 0.01% Added +2.4k +2,372
52 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 23,82123.8k $642.0k $642.0k 0.04% Added +2.8k +2,752
53 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 23,29023.3k $627.9k $627.9k 0.00% Added +1.2k +1,210
54 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 22,62922.6k $610.1k $610.1k 0.03% Added +11.0k +10,957
55 Biechele Royce Advisors 0.20% of their portfolio FISHERS, IN 22,15022.1k $598.0k $598.0k 0.20% Added +1.4k +1,400
56 Valeo Financial Advisors, LLC 0.02% of their portfolio CARMEL, IN 20,51820.5k $540.0k $540.0k 0.02% Unchanged
57 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 20,34620.3k $548.5k $548.5k 0.00% Added +10 +10
58 Merrion Investment Management Co, LLC 0.39% of their portfolio Cranford, NJ 20,00020.0k $539.2k $539.2k 0.39% Unchanged
59 Certified Advisory Corp 0.07% of their portfolio ALTAMONTE SPRINGS, FL 19,68319.7k $530.6k $530.6k 0.07% Reduced -593 -593
60 NWF Advisory Services Inc. 0.09% of their portfolio Los Angeles, CA 19,41219.4k $523.3k $523.3k 0.09% Added +2.2k +2,224
61 Welch Group, LLC 0.03% of their portfolio BIRMINGHAM, AL 19,01719.0k $512.7k $512.7k 0.03% Reduced -1.0k -1,000
62 Strategic Family Wealth Counselors, L.L.C. 0.20% of their portfolio FAIRFIELD, NJ 18,43818.4k $497.1k $497.1k 0.20% Added +8.1k +8,098
63 Samalin Investment Counsel, LLC 0.23% of their portfolio CHAPPAQUA, NY 18,27518.3k $492.7k $492.7k 0.23% Added +2.0k +2,049
64 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 18,08618.1k $487.6k $487.6k 0.00% Added +1.0k +1,037
65 StoneX Group Inc. 0.04% of their portfolio NEW YORK, NY 17,88117.9k $482.1k $482.1k 0.04% Reduced -3.0k -3,048
66 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 17,54917.5k $473.1k $473.1k 0.01% Added +1.5k +1,455
67 Atlas Brown,Inc. 0.16% of their portfolio LOUISVILLE, KY 16,77316.8k $452.2k $452.2k 0.16% Reduced -5.6k -5,557
68 Sound View Wealth Advisors Group, LLC 0.05% of their portfolio SAVANNAH, GA 16,56516.6k $446.6k $446.6k 0.05% Reduced -2.1k -2,057
69 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 16,50116.5k $444.9k $444.9k 0.01% Reduced -11.1k -11,141
70 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 16,20016.2k $436.8k $436.8k 0.00% Reduced -1.8k -1,800
71 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 16,02916.0k $432.2k $432.2k 0.01% Added +80 +80
72 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.04% of their portfolio Englewood, NJ 15,68015.7k $422.7k $422.7k 0.04% Reduced -36.2k -36,236
73 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio CEDAR RAPIDS, IA 15,00015.0k $404.4k $404.4k 0.03% Added +3.3k +3,295
74 Atlanta Consulting Group Advisors, LLC 0.13% of their portfolio ATLANTA, GA 13,59513.6k $366.5k $366.5k 0.13% First filing
75 All Season Financial Advisors, Inc. 0.30% of their portfolio DENVER, CO 13,27713.3k $357.9k $357.9k 0.30% Added +344 +344
76 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 13,20113.2k $355.9k $355.9k 0.00% Unchanged
77 GRAYBILL WEALTH MANAGEMENT, LTD. 0.14% of their portfolio ELMHURST, IL 11,90611.9k $321.0k $321.0k 0.14% Added +595 +595
78 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 11,89111.9k $320.6k $320.6k 0.00% Reduced -2.3k -2,300
79 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 11,87511.9k $318.0k $318.0k 0.00% Reduced -13.9k -13,931
80 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 11,33811.3k $305.7k $305.7k 0.02% Unchanged
81 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,17011.2k $301.1k $301.1k 0.00% Reduced -5.4k -5,397
82 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 10,47010.5k $282.3k $282.3k 0.02% Reduced -547 -547
83 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 10,36510.4k $266.4k $266.4k 0.01% First filing
84 Penbrook Management LLC 0.17% of their portfolio NEW YORK, NY 10,27510.3k $277.0k $277.0k 0.17% Reduced -300 -300
85 Navis Wealth Advisors, LLC 0.32% of their portfolio RYE BROOK, NY 10,00010.0k $269.6k $269.6k 0.32% Unchanged
86 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 9,96310.0k $268.6k $268.6k 0.00% Reduced -247 -247
87 NEVILLE RODIE & SHAW INC 0.02% of their portfolio NEW YORK, NY 9,9319.9k $268.0k $268.0k 0.02% Reduced -287 -287
88 Commonwealth Financial Services, LLC 0.06% of their portfolio VIENNA, WV 9,8159.8k $262.5k $262.5k 0.06% Unchanged
89 PEAPACK GLADSTONE FINANCIAL CORP 0.00% of their portfolio BEDMINSTER, NJ 9,7579.8k $263.0k $263.0k 0.00% Unchanged
90 LINCOLN NATIONAL CORP 0.00% of their portfolio RADNOR, PA 9,0839.1k $244.9k $244.9k 0.00% Added +194 +194
91 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.02% of their portfolio BIRMINGHAM, AL 9,0409.0k $243.7k $243.7k 0.02% Unchanged
92 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,8848.9k $240.0k $240.0k 0.00% Not comparable
93 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 8,7628.8k $236.0k $236.0k 0.00% Reduced -229 -229
94 Hollow Brook Wealth Management LLC 0.09% of their portfolio Katonah, NY 8,6338.6k $232.7k $232.7k 0.09% Unchanged
95 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 8,1798.2k $220.5k $220.5k 0.00% Reduced -226 -226
96 LifePro Asset Management 0.14% of their portfolio San Diego, CA 8,1398.1k $219.4k $219.4k 0.14% New
97 Quantum Portfolio Management LLC 0.12% of their portfolio NEW YORK, NY 8,1018.1k $218.4k $218.4k 0.12% Reduced -2.3k -2,327
98 Lowe Wealth Advisors, LLC 0.10% of their portfolio COLUMBIA, MD 8,1008.1k $218.4k $218.4k 0.10% Added +100 +100
99 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 8,0008.0k $215.7k $215.7k 0.01% Added +500 +500
100 Western Wealth Management, LLC 0.02% of their portfolio GOLDEN, CO 7,9157.9k $213.4k $213.4k 0.02% New