Vault-13

REAVES UTIL INCOME FD UTG

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

173 institutional holders +5 vs Q1 2024
8,525,5648.5m shares reported held*
$232.9mreported value*
20 new 62 added 42 reduced 15 sold out net sold ≈ $28.7m (-1.1m 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 ≈ $27.32.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 152Q4 22: 159Q1 23: 166Q2 23: 153Q3 23: 148Q4 23: 163Q1 24: 168Q2 24: 173173Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022152
Q4 2022159
Q1 2023166
Q2 2023153
Q3 2023148
Q4 2023163
Q1 2024168
Q2 2024173

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 outQ2 23: 57 bought or addedQ2 23: 66 cut or sold outQ2 23Q3 23: 63 bought or addedQ3 23: 61 cut or sold outQ4 23: 76 bought or addedQ4 23: 57 cut or sold outQ4 23Q1 24: 79 bought or addedQ1 24: 51 cut or sold outQ2 24: 82 bought or addedQ2 24: 57 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227059
Q1 20239441
Q2 20235766
Q3 20236361
Q4 20237657
Q1 20247951
Q2 20248257

Biggest buyers

LPL Financial LLC Added +149,652+149.7k
COMMONWEALTH EQUITY SERVICES, LLC Added +66,163+66.2k
BANK OF AMERICA CORP /DE/ Added +60,271+60.3k
ROYAL BANK OF CANADA Added +36,368+36.4k
Consolidated Portfolio Review Corp Added +31,944+31.9k
Sunpointe, LLC New +23,871+23.9k
RAYMOND JAMES & ASSOCIATES Added +20,920+20.9k
INDEPENDENT FINANCIAL GROUP, LLC Added +20,389+20.4k
Magnus Financial Group LLC Added +18,964+19.0k
CWM, LLC New +18,944+18.9k

Biggest sellers

MORGAN STANLEY Reduced -1,469,392-1.5m
PFG Investments, LLC Reduced -59,840-59.8k
AMERIPRISE FINANCIAL INC Reduced -48,532-48.5k
Aquire Wealth Advisors, LLC Sold out -46,915-46.9k
OSAIC HOLDINGS, INC. Reduced -36,316-36.3k
NewEdge Advisors, LLC Reduced -30,113-30.1k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Sold out -15,680-15.7k
Raymond James Financial Services Advisors, Inc. Reduced -13,853-13.9k
Atlanta Consulting Group Advisors, LLC Sold out -13,595-13.6k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Sold out -11,170-11.2k

Insider purchases and sales in Q2 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
101Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 1 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20220—0——
Q4 20220—0——
Q1 20230—0——
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20241$50.0k0——
Q2 20240—0——

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 744,326744.3k $20.3m $20.3m 0.00% Reduced -1.5m -1,469,392
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 733,314733.3k $20.0m $20.0m 0.00% Added +60.3k +60,271
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 524,640524.6k $14.3m $14.3m 0.00% Added +7.4k +7,414
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 487,386487.4k $13.3m $13.3m 0.01% Added +149.7k +149,652
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 439,384439.4k $12.0m $12.0m 0.00% Added +36.4k +36,368
6 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 324,728324.7k $8.9m $8.9m 0.02% Reduced -36.3k -36,316
7 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 301,729301.7k $8.2m $8.2m 0.01% Added +20.9k +20,920
8 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 279,794279.8k $7.6m $7.6m 0.01% Added +66.2k +66,163
9 J.W. COLE ADVISORS, INC. 0.36% of their portfolio TAMPA, FL 278,213278.2k $7.6m $7.6m 0.36% Added +11.7k +11,694
10 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 230,099230.1k $6.3m $6.3m 0.00% Reduced -48.5k -48,532
11 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 205,892205.9k $5.6m $5.6m 0.04% Added +2.4k +2,377
12 GUGGENHEIM CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 187,809187.8k $5.1m $5.1m 0.04% Added +5.8k +5,844
13 HBW ADVISORY SERVICES LLC 0.83% of their portfolio SIMI VALLEY, CA 182,635182.6k $5.0m $5.0m 0.83% Added +14.9k +14,934
14 Sterling Investment Advisors, Ltd. 1.26% of their portfolio BERWYN, PA 170,886170.9k $4.7m $4.7m 1.26% Added +14.1k +14,110
15 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 168,891168.9k $4.6m $4.6m 0.01% Added +5.8k +5,823
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 146,879146.9k $4.0m $4.0m 0.00% Reduced -8.5k -8,479
17 Magnus Financial Group LLC 0.44% of their portfolio NEW YORK, NY 144,497144.5k $3.9m $3.9m 0.44% Added +19.0k +18,964
18 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 141,502141.5k $3.9m $3.9m 0.01% Reduced -908 -908
19 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 139,063139.1k $3.8m $3.8m 0.03% Added +3.8k +3,790
20 JBR Co Financial Management Inc 2.34% of their portfolio ARDMORE, OK 121,826121.8k $3.3m $3.3m 2.34% Added +8.5k +8,497
21 Consolidated Portfolio Review Corp 0.60% of their portfolio WOODBURY, NY 93,56293.6k $2.6m $2.6m 0.60% Added +31.9k +31,944
22 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 93,19393.2k $2.4m $2.4m 0.02% First filing
23 Tradition Wealth Management, LLC 0.24% of their portfolio EDINA, MN 91,20491.2k $2.5m $2.5m 0.24% Added +18.2k +18,207
24 REAVES W H & CO INC 0.08% of their portfolio JERSEY CITY, NJ 85,17585.2k $2.3m $2.3m 0.08% Reduced -858 -858
25 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 84,85484.9k $2.3m $2.3m 0.01% Reduced -3.1k -3,146
26 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 77,11277.1k $2.1m $2.1m 0.00% Reduced -13.9k -13,853
27 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 76,22976.2k $2.1m $2.1m 0.01% Added +6.7k +6,701
28 LongView Wealth Management 0.76% of their portfolio ATLANTA, GA 75,11875.1k $2.1m $2.1m 0.76% Reduced -215 -215
29 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 70,23870.2k $1.9m $1.9m 0.02% Added +18.0k +18,033
30 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 70,09670.1k $1.9m $1.9m 0.01% Reduced -30.1k -30,113
31 WEALTH EFFECTS LLC 0.68% of their portfolio BOSTON, MA 68,44568.4k $1.9m $1.9m 0.68% Added +4.8k +4,806
32 Good Life Advisors, LLC 0.15% of their portfolio READING, PA 66,06766.1k $1.8m $1.8m 0.15% Reduced -1.1k -1,056
33 OAK FAMILY ADVISORS, LLC 0.61% of their portfolio CHICAGO, IL 58,78358.8k $1.6m $1.6m 0.61% Added +13.2k +13,154
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 57,60957.6k $1.6m $1.6m 0.00% Added +2.9k +2,933
35 Sowell Financial Services LLC 0.07% of their portfolio NORTH LITTLE ROCK, AR 54,45754.5k $1.5m $1.5m 0.07% Reduced -4.8k -4,762
36 Mariner, LLC 0.00% of their portfolio Overland Park, KS 52,30252.3k $1.4m $1.4m 0.00% Added +14.8k +14,811
37 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 50,24550.2k $1.4m $1.4m 0.00% Reduced -6.0k -5,953
38 LANARK FINANCIAL, INC. 0.12% of their portfolio BIRMINGHAM, AL 49,93249.9k $1.4m $1.4m 0.12% Added +4.8k +4,835
39 INDEPENDENT FINANCIAL GROUP, LLC 0.05% of their portfolio SAN DIEGO, CA 43,01843.0k $1.2m $1.2m 0.05% Added +20.4k +20,389
40 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 41,40441.4k $1.1m $1.1m 0.02% Added +3 +3
41 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 38,52738.5k $1.1m $1.1m 0.01% Added +2.2k +2,166
42 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 38,36838.4k $1.0m $1.0m 0.00% Added +2.0k +1,972
43 Future Financial Wealth Managment LLC 0.77% of their portfolio CINCINNATI, OH 32,15932.2k $878.6k $878.6k 0.77% Added +2.3k +2,274
44 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 28,78428.8k $786.4k $786.4k 0.01% Added +1.4k +1,416
45 WEDBUSH SECURITIES INC 0.03% of their portfolio PASADENA, CA 28,42028.4k $776.0k $776.0k 0.03% Added +924 +924
46 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 27,09227.1k $740.2k $740.2k 0.02% Added +980 +980
47 Strategic Family Wealth Counselors, L.L.C. 0.27% of their portfolio FAIRFIELD, NJ 26,08726.1k $712.7k $712.7k 0.27% Added +7.6k +7,649
48 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 25,93525.9k $708.5k $708.5k 0.00% Added +2.6k +2,645
49 Atlas Brown,Inc. 0.25% of their portfolio LOUISVILLE, KY 25,20525.2k $688.6k $688.6k 0.25% Added +8.4k +8,432
50 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 24,81824.8k $711.0k $711.0k 0.01% Added +919 +919
51 Semus Wealth Partners LLC 0.51% of their portfolio Boca Raton, FL 24,37624.4k $666.0k $666.0k 0.51% Reduced -5.7k -5,744
52 Biechele Royce Advisors 0.22% of their portfolio FISHERS, IN 24,35024.4k $665.0k $665.0k 0.22% Added +2.2k +2,200
53 Sunpointe, LLC 0.42% of their portfolio ST. LOUIS, MO 23,87123.9k $652.2k $652.2k 0.42% New
54 Armor Investment Advisors, LLC 0.30% of their portfolio RALEIGH, NC 23,46923.5k $641.2k $641.2k 0.30% Reduced -1.9k -1,880
55 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 23,24023.2k $634.9k $634.9k 0.01% Added +7.2k +7,211
56 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 21,90821.9k $599.0k $599.0k 0.04% Reduced -1.9k -1,913
57 Kovack Advisors, Inc. 0.07% of their portfolio FT. LAUDERDALE, FL 21,80621.8k $595.7k $595.7k 0.07% Reduced -2.2k -2,215
58 Valeo Financial Advisors, LLC 0.02% of their portfolio CARMEL, IN 20,41920.4k $557.8k $557.8k 0.02% Reduced -99 -99
59 Merrion Investment Management Co, LLC 0.38% of their portfolio Cranford, NJ 20,00020.0k $546.4k $546.4k 0.38% Unchanged
60 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 19,58719.6k $535.1k $535.1k 0.01% Added +3.1k +3,086
61 Welch Group, LLC 0.02% of their portfolio BIRMINGHAM, AL 19,01719.0k $519.5k $519.5k 0.02% Unchanged
62 CWM, LLC 0.00% of their portfolio OMAHA, NE 18,94418.9k $518.0k $518.0k 0.00% New
63 Samalin Investment Counsel, LLC 0.24% of their portfolio CHAPPAQUA, NY 18,62218.6k $508.8k $508.8k 0.24% Added +347 +347
64 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 18,57118.6k $507.4k $507.4k 0.00% Added +10.4k +10,392
65 NWF Advisory Services Inc. 0.08% of their portfolio Los Angeles, CA 18,41218.4k $503.0k $503.0k 0.08% Reduced -1.0k -1,000
66 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 17,76517.8k $485.3k $485.3k 0.01% Added +216 +216
67 Certified Advisory Corp 0.06% of their portfolio ALTAMONTE SPRINGS, FL 17,66817.7k $482.7k $482.7k 0.06% Reduced -2.0k -2,015
68 Belpointe Asset Management LLC 0.03% of their portfolio RENO, NV 17,64617.6k $482.1k $482.1k 0.03% New
69 XML Financial, LLC 0.05% of their portfolio BETHESDA, MD 17,45417.5k $476.8k $476.8k 0.05% New
70 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 17,34817.3k $473.9k $473.9k 0.00% Reduced -738 -738
71 Sound View Wealth Advisors Group, LLC 0.05% of their portfolio SAVANNAH, GA 16,46816.5k $449.9k $449.9k 0.05% Reduced -97 -97
72 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 16,20016.2k $442.6k $442.6k 0.00% Unchanged
73 StoneX Group Inc. 0.03% of their portfolio NEW YORK, NY 15,97116.0k $436.3k $436.3k 0.03% Reduced -1.9k -1,910
74 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio CEDAR RAPIDS, IA 15,00015.0k $409.8k $409.8k 0.03% Unchanged
75 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 14,60914.6k $399.1k $399.1k 0.00% Reduced -5.7k -5,737
76 PFG Investments, LLC 0.03% of their portfolio WOODBURY, NY 13,46513.5k $367.9k $367.9k 0.03% Reduced -59.8k -59,840
77 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 13,10113.1k $357.9k $357.9k 0.00% Reduced -100 -100
78 All Season Financial Advisors, Inc. 0.31% of their portfolio DENVER, CO 12,48112.5k $341.0k $341.0k 0.31% Reduced -796 -796
79 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 12,19912.2k $332.0k $332.0k 0.00% Added +324 +324
80 GRAYBILL WEALTH MANAGEMENT, LTD. 0.13% of their portfolio ELMHURST, IL 11,39611.4k $311.3k $311.3k 0.13% Reduced -510 -510
81 PERSONAL CFO SOLUTIONS, LLC 0.05% of their portfolio CHESTER, NJ 11,35011.3k $310.1k $310.1k 0.05% New
82 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 11,31611.3k $309.2k $309.2k 0.00% Reduced -575 -575
83 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 10,91510.9k $298.2k $298.2k 0.00% Added +10.0k +10,000
84 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 10,87510.9k $297.1k $297.1k 0.02% Reduced -463 -463
85 Orca Investment Management, LLC 0.28% of their portfolio LAKE OSWEGO, OR 10,59810.6k $289.5k $289.5k 0.28% New
86 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 10,47010.5k $286.0k $286.0k 0.02% Unchanged
87 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 10,26310.3k $294.0k $294.0k 0.01% Reduced -102 -102
88 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 10,03310.0k $274.1k $274.1k 0.01% New
89 Navis Wealth Advisors, LLC 0.31% of their portfolio RYE BROOK, NY 10,00010.0k $273.2k $273.2k 0.31% Unchanged
90 Penbrook Management LLC 0.16% of their portfolio NEW YORK, NY 9,8759.9k $269.8k $269.8k 0.16% Reduced -400 -400
91 Leslie Global Wealth, LLC 0.15% of their portfolio Itasca, IL 9,6679.7k $264.1k $264.1k 0.15% First filing
92 Virtu Financial LLC 0.02% of their portfolio New York, NY 9,4399.4k $258.0k $258.0k 0.02% New
93 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 9,2809.3k $254.0k $254.0k 0.00% Added +396 +396
94 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.02% of their portfolio BIRMINGHAM, AL 9,0709.1k $247.8k $247.8k 0.02% Added +30 +30
95 OAKWORTH CAPITAL, INC. 0.02% of their portfolio BIRMINGHAM, AL 9,0009.0k $245.9k $245.9k 0.02% New
96 PEAPACK GLADSTONE FINANCIAL CORP 0.00% of their portfolio BEDMINSTER, NJ 8,6938.7k $237.0k $237.0k 0.00% Reduced -1.1k -1,064
97 Hollow Brook Wealth Management LLC 0.08% of their portfolio Katonah, NY 8,6338.6k $235.9k $235.9k 0.08% Unchanged
98 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 8,5548.6k $234.0k $234.0k 0.00% Reduced -208 -208
99 LifePro Asset Management 0.16% of their portfolio San Diego, CA 8,1398.1k $222.4k $222.4k 0.16% Unchanged
100 Quantum Portfolio Management LLC 0.13% of their portfolio NEW YORK, NY 8,1258.1k $222.0k $222.0k 0.13% Added +24 +24