Vault-13

REAVES UTIL INCOME FD UTG

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

201 institutional holders +28 vs Q2 2024
9,550,7779.6m shares reported held*
$313.4mreported value*
34 new 72 added 38 reduced 7 sold out net bought ≈ $32.4m (+987.8k 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 ≈ $32.82.

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 152Q4 22: 159Q1 23: 166Q2 23: 153Q3 23: 148Q4 23: 163Q1 24: 168Q2 24: 173Q3 24: 201201Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022152
Q4 2022159
Q1 2023166
Q2 2023153
Q3 2023148
Q4 2023163
Q1 2024168
Q2 2024173
Q3 2024201

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 70 bought or addedQ4 22: 59 cut or sold outQ1 23: 94 bought or addedQ1 23: 41 cut or sold outQ1 23Q2 23: 57 bought or addedQ2 23: 66 cut or sold outQ3 23: 63 bought or addedQ3 23: 61 cut or sold outQ3 23Q4 23: 76 bought or addedQ4 23: 57 cut or sold outQ1 24: 79 bought or addedQ1 24: 51 cut or sold outQ1 24Q2 24: 82 bought or addedQ2 24: 57 cut or sold outQ3 24: 106 bought or addedQ3 24: 45 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227059
Q1 20239441
Q2 20235766
Q3 20236361
Q4 20237657
Q1 20247951
Q2 20248257
Q3 202410645

Biggest buyers

AMERIPRISE FINANCIAL INC Added +188,900+188.9k
CAPTRUST FINANCIAL ADVISORS Added +158,293+158.3k
OAK FAMILY ADVISORS, LLC Added +112,985+113.0k
BANK OF AMERICA CORP /DE/ Added +78,980+79.0k
MORGAN STANLEY Added +76,555+76.6k
Mariner, LLC Added +72,507+72.5k
LPL Financial LLC Added +71,233+71.2k
OSAIC HOLDINGS, INC. Added +63,889+63.9k
WELLS FARGO & COMPANY/MN Added +59,573+59.6k
COMMONWEALTH EQUITY SERVICES, LLC Added +41,328+41.3k

Biggest sellers

RAYMOND JAMES & ASSOCIATES Reduced -177,535-177.5k
HBW ADVISORY SERVICES LLC Reduced -144,363-144.4k
Valeo Financial Advisors, LLC Sold out -20,419-20.4k
NewEdge Advisors, LLC Reduced -19,148-19.1k
Private Advisor Group, LLC Reduced -17,475-17.5k
Navis Wealth Advisors, LLC Sold out -10,000-10.0k
Virtu Financial LLC Sold out -9,439-9.4k
Janney Montgomery Scott LLC Reduced -8,761-8.8k
B. Riley Wealth Advisors, Inc. Sold out -8,114-8.1k
Regal Investment Advisors LLC Sold out -8,023-8.0k

Insider purchases and sales in Q3 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
101Q4 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 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 1 buyingQ3 24: 0 sellingQ3 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20220—0——
Q1 20230—0——
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20241$50.0k0——
Q2 20240—0——
Q3 20241$9.8k0——
DateInsiderTradeSharesPrice ValueTheir holding
2024-09-17 Legg JoEllen Director · Reaves Utility Income Fund Bought 310 $31.69 $9.8k310 shares +16%

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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 820,881820.9k $26.9m $26.9m 0.00% Added +76.6k +76,555
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 812,294812.3k $26.7m $26.7m 0.00% Added +79.0k +78,980
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 584,213584.2k $19.2m $19.2m 0.00% Added +59.6k +59,573
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 558,619558.6k $18.3m $18.3m 0.01% Added +71.2k +71,233
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 471,122471.1k $15.5m $15.5m 0.00% Added +31.7k +31,738
6 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 418,999419.0k $13.7m $13.7m 0.00% Added +188.9k +188,900
7 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 388,617388.6k $12.8m $12.8m 0.03% Added +63.9k +63,889
8 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 321,122321.1k $10.5m $10.5m 0.02% Added +41.3k +41,328
9 J.W. COLE ADVISORS, INC. 0.44% of their portfolio TAMPA, FL 318,461318.5k $10.4m $10.4m 0.44% Added +40.2k +40,248
10 GUGGENHEIM CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 203,662203.7k $6.7m $6.7m 0.05% Added +15.9k +15,853
11 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 188,417188.4k $6.2m $6.2m 0.04% Reduced -17.5k -17,475
12 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 181,838181.8k $6.0m $6.0m 0.01% Added +12.9k +12,947
13 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 176,864176.9k $5.8m $5.8m 0.02% Added +158.3k +158,293
14 Sterling Investment Advisors, Ltd. 1.45% of their portfolio BERWYN, PA 174,661174.7k $5.7m $5.7m 1.45% Added +3.8k +3,775
15 OAK FAMILY ADVISORS, LLC 2.02% of their portfolio CHICAGO, IL 171,768171.8k $5.6m $5.6m 2.02% Added +113.0k +112,985
16 Magnus Financial Group LLC 0.56% of their portfolio NEW YORK, NY 166,653166.7k $5.5m $5.5m 0.56% Added +22.2k +22,156
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 156,925156.9k $5.1m $5.1m 0.00% Added +10.0k +10,046
18 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 144,275144.3k $4.7m $4.7m 0.01% Added +2.8k +2,773
19 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 139,063139.1k $4.6m $4.6m 0.03% Unchanged
20 Mariner, LLC 0.01% of their portfolio Overland Park, KS 124,809124.8k $4.1m $4.1m 0.01% Added +72.5k +72,507
21 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 124,194124.2k $4.1m $4.1m 0.00% Reduced -177.5k -177,535
22 JBR Co Financial Management Inc 2.50% of their portfolio ARDMORE, OK 116,608116.6k $3.8m $3.8m 2.50% Reduced -5.2k -5,218
23 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 105,915105.9k $3.7m $3.7m 0.02% Added +12.7k +12,722
24 Consolidated Portfolio Review Corp 0.71% of their portfolio WOODBURY, NY 96,74696.7k $3.2m $3.2m 0.71% Added +3.2k +3,184
25 Tradition Wealth Management, LLC 0.27% of their portfolio EDINA, MN 93,98894.0k $3.1m $3.1m 0.27% Added +2.8k +2,784
26 REAVES W H & CO INC 0.08% of their portfolio JERSEY CITY, NJ 84,40284.4k $2.8m $2.8m 0.08% Reduced -773 -773
27 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 83,70883.7k $2.7m $2.7m 0.01% Reduced -1.1k -1,146
28 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 80,24680.2k $2.6m $2.6m 0.00% Added +3.1k +3,134
29 LongView Wealth Management 0.79% of their portfolio ATLANTA, GA 75,19175.2k $2.5m $2.5m 0.79% Added +73 +73
30 WEALTH EFFECTS LLC 0.80% of their portfolio BOSTON, MA 69,59669.6k $2.3m $2.3m 0.80% Added +1.2k +1,151
31 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 69,32569.3k $2.3m $2.3m 0.02% Reduced -913 -913
32 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 67,46867.5k $2.2m $2.2m 0.01% Reduced -8.8k -8,761
33 Good Life Advisors, LLC 0.14% of their portfolio READING, PA 67,00767.0k $2.2m $2.2m 0.14% Added +940 +940
34 INDEPENDENT FINANCIAL GROUP, LLC 0.07% of their portfolio SAN DIEGO, CA 56,10456.1k $1.8m $1.8m 0.07% Added +13.1k +13,086
35 Sowell Financial Services LLC 0.08% of their portfolio NORTH LITTLE ROCK, AR 55,13855.1k $1.8m $1.8m 0.08% Added +681 +681
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 54,53554.5k $1.8m $1.8m 0.00% Reduced -3.1k -3,074
37 LANARK FINANCIAL, INC. 0.14% of their portfolio BIRMINGHAM, AL 52,10752.1k $1.7m $1.7m 0.14% Added +2.2k +2,175
38 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 51,04551.0k $1.7m $1.7m 0.00% Added +800 +800
39 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 50,94850.9k $1.7m $1.7m 0.01% Reduced -19.1k -19,148
40 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 41,30341.3k $1.4m $1.4m 0.02% Reduced -101 -101
41 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 38,33538.3k $1.3m $1.3m 0.00% Reduced -33 -33
42 HBW ADVISORY SERVICES LLC 0.18% of their portfolio SIMI VALLEY, CA 38,27238.3k $1.3m $1.3m 0.18% Reduced -144.4k -144,363
43 XML Financial, LLC 0.12% of their portfolio BETHESDA, MD 37,86037.9k $1.2m $1.2m 0.12% Added +20.4k +20,406
44 Carnegie Lake Advisors LLC 0.46% of their portfolio PRINCETON, NJ 35,12635.1k $1.2m $1.2m 0.46% First filing
45 Prosperity Wealth Management, Inc. 0.44% of their portfolio San Ramon, CA 33,40033.4k $1.1m $1.1m 0.44% New
46 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 33,23033.2k $1.1m $1.1m 0.01% Reduced -5.3k -5,297
47 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 32,36432.4k $1.1m $1.1m 0.02% Added +9.1k +9,124
48 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 30,02130.0k $985.0k $985.0k 0.01% Added +1.2k +1,237
49 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 28,52728.5k $936.0k $936.0k 0.03% Added +1.4k +1,435
50 WEDBUSH SECURITIES INC 0.03% of their portfolio PASADENA, CA 28,02928.0k $920.0k $920.0k 0.03% Reduced -391 -391
51 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 27,72127.7k $909.5k $909.5k 0.00% Added +1.8k +1,786
52 Future Financial Wealth Managment LLC 0.62% of their portfolio CINCINNATI, OH 26,63726.6k $874.0k $874.0k 0.62% Reduced -5.5k -5,522
53 Strategic Family Wealth Counselors, L.L.C. 0.30% of their portfolio FAIRFIELD, NJ 25,93225.9k $850.8k $850.8k 0.30% Reduced -155 -155
54 All Season Financial Advisors, Inc. 0.70% of their portfolio DENVER, CO 24,97625.0k $819.5k $819.5k 0.70% Added +12.5k +12,495
55 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 24,57724.6k $806.4k $806.4k 0.01% Reduced -241 -241
56 XTX Topco Ltd 0.06% of their portfolio LONDON, X0 24,50924.5k $804.1k $804.1k 0.06% New
57 Biechele Royce Advisors 0.26% of their portfolio FISHERS, IN 24,35024.4k $799.0k $799.0k 0.26% Unchanged
58 Armor Investment Advisors, LLC 0.32% of their portfolio RALEIGH, NC 23,36923.4k $766.7k $766.7k 0.32% Reduced -100 -100
59 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 22,17522.2k $727.6k $727.6k 0.01% New
60 CENTAURUS FINANCIAL, INC. 0.05% of their portfolio ANAHEIM, CA 22,00322.0k $722.0k $722.0k 0.05% Added +95 +95
61 Atlas Brown,Inc. 0.24% of their portfolio LOUISVILLE, KY 20,75620.8k $681.0k $681.0k 0.24% Reduced -4.4k -4,449
62 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 20,49420.5k $672.4k $672.4k 0.00% Added +13.1k +13,149
63 CWM, LLC 0.00% of their portfolio OMAHA, NE 20,24420.2k $664.0k $664.0k 0.00% Added +1.3k +1,300
64 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 20,15320.2k $661.2k $661.2k 0.00% Added +5.5k +5,544
65 Merrion Investment Management Co, LLC 0.43% of their portfolio Cranford, NJ 20,00020.0k $656.2k $656.2k 0.43% Unchanged
66 Semus Wealth Partners LLC 0.46% of their portfolio Boca Raton, FL 19,88119.9k $652.3k $652.3k 0.46% Reduced -4.5k -4,495
67 Samalin Investment Counsel, LLC 0.28% of their portfolio CHAPPAQUA, NY 19,70919.7k $646.6k $646.6k 0.28% Added +1.1k +1,087
68 Welch Group, LLC 0.03% of their portfolio BIRMINGHAM, AL 19,01719.0k $623.9k $623.9k 0.03% Unchanged
69 Kovack Advisors, Inc. 0.07% of their portfolio FT. LAUDERDALE, FL 18,86618.9k $619.0k $619.0k 0.07% Reduced -2.9k -2,940
70 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 18,64418.6k $611.7k $611.7k 0.00% New
71 Sunpointe, LLC 0.50% of their portfolio ST. LOUIS, MO 18,56418.6k $609.1k $609.1k 0.50% Reduced -5.3k -5,307
72 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 17,76517.8k $485.3k $485.3k 0.01% Unchanged
73 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 17,48917.5k $573.8k $573.8k 0.01% Reduced -2.1k -2,098
74 NWF Advisory Services Inc. 0.08% of their portfolio Los Angeles, CA 17,20917.2k $564.6k $564.6k 0.08% Reduced -1.2k -1,203
75 Certified Advisory Corp 0.06% of their portfolio ALTAMONTE SPRINGS, FL 17,05117.1k $559.4k $559.4k 0.06% Reduced -617 -617
76 StoneX Group Inc. 0.04% of their portfolio NEW YORK, NY 16,95317.0k $556.3k $556.3k 0.04% Added +982 +982
77 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 16,80416.8k $551.3k $551.3k 0.00% Reduced -544 -544
78 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 15,97816.0k $524.0k $524.0k 0.00% Added +6.7k +6,698
79 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.05% of their portfolio Englewood, NJ 15,81815.8k $519.0k $519.0k 0.05% New
80 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio CEDAR RAPIDS, IA 15,67515.7k $514.3k $514.3k 0.04% Added +675 +675
81 Sound View Wealth Advisors Group, LLC 0.04% of their portfolio SAVANNAH, GA 15,30415.3k $502.1k $502.1k 0.04% Reduced -1.2k -1,164
82 Belpointe Asset Management LLC 0.03% of their portfolio RENO, NV 15,15515.2k $497.2k $497.2k 0.03% Reduced -2.5k -2,491
83 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 14,10514.1k $462.8k $462.8k 0.01% New
84 PFG Investments, LLC 0.03% of their portfolio WOODBURY, NY 13,54413.5k $444.4k $444.4k 0.03% Added +79 +79
85 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 13,41913.4k $440.0k $440.0k 0.00% Added +1.2k +1,220
86 Allie Family Office LLC 0.11% of their portfolio MIAMI, FL 12,98013.0k $425.9k $425.9k 0.11% New
87 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 12,70012.7k $416.7k $416.7k 0.00% Reduced -3.5k -3,500
88 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 12,28412.3k $403.0k $403.0k 0.00% New
89 COMERICA BANK 0.00% of their portfolio DALLAS, TX 12,19812.2k $400.2k $400.2k 0.00% Added +9.2k +9,250
90 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 12,11612.1k $397.5k $397.5k 0.00% Added +800 +800
91 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 11,71511.7k $384.4k $384.4k 0.00% Added +800 +800
92 GRAYBILL WEALTH MANAGEMENT, LTD. 0.14% of their portfolio ELMHURST, IL 11,39611.4k $373.9k $373.9k 0.14% Unchanged
93 PERSONAL CFO SOLUTIONS, LLC 0.05% of their portfolio CHESTER, NJ 11,35011.3k $372.4k $372.4k 0.05% Unchanged
94 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 11,12511.1k $365.0k $365.0k 0.00% Reduced -2.0k -1,976
95 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 10,90310.9k $357.8k $357.8k 0.01% Added +870 +870
96 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 10,87510.9k $356.8k $356.8k 0.02% Unchanged
97 WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 0.13% of their portfolio HIGHLAND PARK, IL 10,87010.9k $356.6k $356.6k 0.13% Added +3.3k +3,300
98 Everstar Asset Management, LLC 0.24% of their portfolio MOORESVILLE, NC 10,85010.8k $356.0k $356.0k 0.24% First filing
99 Orca Investment Management, LLC 0.31% of their portfolio LAKE OSWEGO, OR 10,59810.6k $347.7k $347.7k 0.31% Unchanged
100 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 10,47010.5k $343.5k $343.5k 0.02% Unchanged