Vault-13

REAVES UTIL INCOME FD UTG

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

204 institutional holders +0 vs Q4 2024
11,063,48911.1m shares reported held*
$360.0mreported value*
25 new 83 added 43 reduced 21 sold out net bought ≈ $25.1m (+771.2k 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 ≈ $32.54.

Trends to Q1 2025

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: 201Q4 24: 204Q1 25: 204204Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022152
Q4 2022159
Q1 2023166
Q2 2023153
Q3 2023148
Q4 2023163
Q1 2024168
Q2 2024173
Q3 2024201
Q4 2024204
Q1 2025204

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 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 24Q4 24: 104 bought or addedQ4 24: 64 cut or sold outQ1 25: 108 bought or addedQ1 25: 64 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20235766
Q3 20236361
Q4 20237657
Q1 20247951
Q2 20248257
Q3 202410645
Q4 202410464
Q1 202510864

Biggest buyers

Cornerstone Advisors, LLC New +406,546+406.5k
BANK OF AMERICA CORP /DE/ Added +106,907+106.9k
MORGAN STANLEY Added +83,357+83.4k
Wealthspire Advisors, LLC New +59,538+59.5k
LANARK FINANCIAL, INC. Added +55,555+55.6k
Consolidated Portfolio Review Corp Added +54,106+54.1k
World Investment Advisors Added +47,615+47.6k
COMMONWEALTH EQUITY SERVICES, LLC Added +43,381+43.4k
AMERIPRISE FINANCIAL INC Added +38,973+39.0k
INTEGRITY ALLIANCE, LLC. New +30,757+30.8k

Biggest sellers

J.W. COLE ADVISORS, INC. Reduced -254,726-254.7k
OSAIC HOLDINGS, INC. Reduced -157,221-157.2k
RAYMOND JAMES FINANCIAL INC Reduced -30,752-30.8k
WOLVERINE ASSET MANAGEMENT LLC Sold out -29,417-29.4k
READYSTATE ASSET MANAGEMENT LP Sold out -23,537-23.5k
Walleye Capital LLC Sold out -23,272-23.3k
Atlanta Consulting Group Advisors, LLC Reduced -21,509-21.5k
XTX Topco Ltd Sold out -16,455-16.5k
Kovack Advisors, Inc. Sold out -15,711-15.7k
Everstar Asset Management, LLC Sold out -10,850-10.8k

Insider purchases and sales in Q1 2025

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 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 24Q4 24: 1 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20241$50.0k0——
Q2 20240—0——
Q3 20241$9.8k0——
Q4 20241$29.4k0——
Q1 20250—0——

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 960,439960.4k $31.3m $31.3m 0.00% Added +83.4k +83,357
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 933,787933.8k $30.4m $30.4m 0.00% Added +106.9k +106,907
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 624,632624.6k $20.3m $20.3m 0.00% Added +26.2k +26,230
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 599,201599.2k $19.5m $19.5m 0.01% Added +14.1k +14,086
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 501,145501.1k $16.3m $16.3m 0.00% Added +10.2k +10,190
6 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 490,283490.3k $15.9m $15.9m 0.00% Added +39.0k +38,973
7 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 489,575489.6k $15.9m $15.9m 0.02% Added +43.4k +43,381
8 Cornerstone Advisors, LLC 0.57% of their portfolio ASHEVILLE, NC 406,546406.5k $13.2m $13.2m 0.57% New
9 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 367,195367.2k $11.9m $11.9m 0.03% Added +9.8k +9,825
10 OAK FAMILY ADVISORS, LLC 3.62% of their portfolio CHICAGO, IL 267,887267.9k $8.7m $8.7m 3.62% Added +16.1k +16,115
11 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 243,880243.9k $7.9m $7.9m 0.00% Reduced -30.8k -30,752
12 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 233,919233.9k $7.6m $7.6m 0.02% Reduced -157.2k -157,221
13 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 223,723223.7k $7.3m $7.3m 0.01% Added +20.5k +20,544
14 GUGGENHEIM CAPITAL LLC 0.07% of their portfolio CHICAGO, IL 220,372220.4k $7.2m $7.2m 0.07% Added +6.8k +6,792
15 Magnus Financial Group LLC 0.59% of their portfolio NEW YORK, NY 187,075187.1k $6.1m $6.1m 0.59% Added +13.2k +13,179
16 Sterling Investment Advisors, Ltd. 1.45% of their portfolio BERWYN, PA 185,181185.2k $6.0m $6.0m 1.45% Added +6.4k +6,443
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 175,545175.5k $5.7m $5.7m 0.00% Added +18.0k +17,969
18 Consolidated Portfolio Review Corp 0.79% of their portfolio WOODBURY, NY 152,188152.2k $5.0m $5.0m 0.79% Added +54.1k +54,106
19 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 149,372149.4k $4.9m $4.9m 0.03% Added +10.3k +10,309
20 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 149,311149.3k $4.9m $4.9m 0.01% Added +5.0k +4,980
21 JBR Co Financial Management Inc 2.59% of their portfolio ARDMORE, OK 136,114136.1k $4.4m $4.4m 2.59% Added +12.9k +12,944
22 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 131,492131.5k $4.3m $4.3m 0.03% Reduced -10.8k -10,824
23 Mariner, LLC 0.01% of their portfolio Overland Park, KS 125,855125.9k $4.1m $4.1m 0.01% Reduced -982 -982
24 Tradition Wealth Management, LLC 0.28% of their portfolio EDINA, MN 96,90096.9k $3.2m $3.2m 0.28% Added +2.2k +2,197
25 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 88,29888.3k $2.9m $2.9m 0.01% Added +3.5k +3,498
26 REAVES W H & CO INC 0.07% of their portfolio JERSEY CITY, NJ 87,19287.2k $2.8m $2.8m 0.07% Added +1.5k +1,461
27 INDEPENDENT FINANCIAL GROUP, LLC 0.09% of their portfolio SAN DIEGO, CA 84,04084.0k $2.7m $2.7m 0.09% Added +20.4k +20,350
28 Smith Asset Management Co., LLC 2.47% of their portfolio Chiefland, FL 80,66080.7k $2.6m $2.6m 2.47% Reduced -227 -227
29 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 78,55478.6k $2.6m $2.6m 0.02% Added +20.1k +20,087
30 J.W. COLE ADVISORS, INC. 0.08% of their portfolio TAMPA, FL 77,85377.9k $2.5m $2.5m 0.08% Reduced -254.7k -254,726
31 LongView Wealth Management 0.68% of their portfolio ATLANTA, GA 69,61269.6k $2.3m $2.3m 0.68% Reduced -664 -664
32 WEALTH EFFECTS LLC 0.95% of their portfolio BOSTON, MA 69,60069.6k $2.3m $2.3m 0.95% Added +132 +132
33 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 68,38568.4k $2.2m $2.2m 0.01% Added +8.0k +8,019
34 Good Life Advisors, LLC 0.15% of their portfolio READING, PA 66,58666.6k $2.2m $2.2m 0.15% Reduced -1.3k -1,340
35 CreativeOne Wealth, LLC 0.06% of their portfolio OVERLAND PARK, KS 63,05363.1k $2.1m $2.1m 0.06% Reduced -1.8k -1,780
36 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 63,00063.0k $2.1m $2.1m 0.02% Added +9.1k +9,070
37 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 59,53859.5k $1.9m $1.9m 0.01% New
38 World Investment Advisors 0.05% of their portfolio LINCROFT, NJ 58,79258.8k $1.9m $1.9m 0.05% Added +47.6k +47,615
39 Sowell Financial Services LLC 0.09% of their portfolio NORTH LITTLE ROCK, AR 57,95158.0k $1.9m $1.9m 0.09% Added +686 +686
40 LANARK FINANCIAL, INC. 0.15% of their portfolio BIRMINGHAM, AL 55,60955.6k $1.8m $1.8m 0.15% Added +55.6k +55,555
41 CENTAURUS FINANCIAL, INC. 0.11% of their portfolio ANAHEIM, CA 55,51455.5k $1.8m $1.8m 0.11% Added +3.0k +2,971
42 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 54,12054.1k $1.8m $1.8m 0.00% Added +2.1k +2,140
43 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 50,10950.1k $1.6m $1.6m 0.02% Reduced -1.1k -1,097
44 XML Financial, LLC 0.15% of their portfolio BETHESDA, MD 47,92047.9k $1.6m $1.6m 0.15% Added +5.4k +5,419
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 46,97447.0k $1.5m $1.5m 0.00% Added +25.7k +25,657
46 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 41,33041.3k $1.3m $1.3m 0.00% Added +1.0k +1,001
47 Kercheville Advisors, LLC 0.47% of their portfolio San Antonio, TX 35,53735.5k $1.2m $1.2m 0.47% Added +6.4k +6,384
48 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 35,17735.2k $1.1m $1.1m 0.01% Added +776 +776
49 WEDBUSH SECURITIES INC 0.04% of their portfolio PASADENA, CA 33,28533.3k $1.1m $1.1m 0.04% Added +3.4k +3,418
50 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 33,15433.2k $1.1m $1.1m 0.02% Reduced -981 -981
51 HBW ADVISORY SERVICES LLC 0.15% of their portfolio SIMI VALLEY, CA 31,81031.8k $1.0m $1.0m 0.15% Reduced -7.4k -7,385
52 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 31,11431.1k $1.0m $1.0m 0.01% Reduced -233 -233
53 Carnegie Lake Advisors LLC 0.41% of their portfolio PRINCETON, NJ 30,96031.0k $1.0m $1.0m 0.41% Reduced -4.0k -4,015
54 INTEGRITY ALLIANCE, LLC. 0.04% of their portfolio Urbandale, IA 30,75730.8k $1.0m $1.0m 0.04% New
55 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.09% of their portfolio Englewood, NJ 29,55429.6k $961.7k $961.7k 0.09% Added +6.9k +6,887
56 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 28,68728.7k $933.5k $933.5k 0.03% Added +274 +274
57 Strategic Family Wealth Counselors, L.L.C. 0.30% of their portfolio FAIRFIELD, NJ 28,26128.3k $919.6k $919.6k 0.30% Added +398 +398
58 AlphaCore Capital LLC 0.08% of their portfolio LA JOLLA, CA 28,21628.2k $918.1k $918.1k 0.08% New
59 Future Financial Wealth Managment LLC 0.61% of their portfolio CINCINNATI, OH 25,70025.7k $836.3k $836.3k 0.61% Reduced -299 -299
60 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 25,53825.5k $831.0k $831.0k 0.01% Added +13.5k +13,488
61 NWF Advisory Services Inc. 0.12% of their portfolio Los Angeles, CA 25,24025.2k $821.3k $821.3k 0.12% New
62 Merrion Investment Management Co, LLC 0.58% of their portfolio Cranford, NJ 25,00025.0k $813.5k $813.5k 0.58% Unchanged
63 Atlanta Consulting Group Advisors, LLC 0.23% of their portfolio ATLANTA, GA 24,48124.5k $796.6k $796.6k 0.23% Reduced -21.5k -21,509
64 DEBUSSY CAPITAL MANAGEMENT LP 0.13% of their portfolio CHICAGO, IL 24,35024.4k $792.3k $792.3k 0.13% Unchanged
65 Beacon Capital Management, Inc. 0.04% of their portfolio DAYTON, OH 24,00024.0k $829.0k $829.0k 0.04% New
66 Sunpointe, LLC 0.41% of their portfolio ST. LOUIS, MO 23,72923.7k $772.1k $772.1k 0.41% Added +3.2k +3,205
67 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 22,34522.3k $727.1k $727.1k 0.00% Reduced -2.6k -2,644
68 CWM, LLC 0.00% of their portfolio OMAHA, NE 22,24422.2k $724.0k $724.0k 0.00% Unchanged
69 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 21,14821.1k $688.0k $688.0k 0.00% Added +5.1k +5,142
70 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 21,07321.1k $685.7k $685.7k 0.01% Reduced -727 -727
71 Atlas Brown,Inc. 0.24% of their portfolio LOUISVILLE, KY 20,80020.8k $676.8k $676.8k 0.24% Added +22 +22
72 Armor Investment Advisors, LLC 0.27% of their portfolio RALEIGH, NC 20,13520.1k $655.2k $655.2k 0.27% Reduced -1.8k -1,756
73 Samalin Investment Counsel, LLC 0.26% of their portfolio CHAPPAQUA, NY 19,56019.6k $636.5k $636.5k 0.26% Added +728 +728
74 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 19,15719.2k $623.4k $623.4k 0.01% Reduced -891 -891
75 Welch Group, LLC 0.03% of their portfolio BIRMINGHAM, AL 19,01719.0k $617.5k $617.5k 0.03% Unchanged
76 COMERICA BANK 0.00% of their portfolio DALLAS, TX 18,84418.8k $613.2k $613.2k 0.00% Added +7.1k +7,146
77 AMERIFLEX GROUP, INC. 0.25% of their portfolio LAS VEGAS, NV 18,79918.8k $611.7k $611.7k 0.25% Unchanged
78 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 18,53118.5k $603.0k $603.0k 0.00% Reduced -2.2k -2,234
79 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 18,12018.1k $589.6k $589.6k 0.00% Added +3.2k +3,158
80 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 17,70117.7k $576.0k $576.0k 0.01% Added +4.5k +4,512
81 Certified Advisory Corp 0.06% of their portfolio ALTAMONTE SPRINGS, FL 17,32217.3k $563.6k $563.6k 0.06% Added +137 +137
82 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 17,19117.2k $559.4k $559.4k 0.00% Reduced -50 -50
83 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 16,53516.5k $538.0k $538.0k 0.00% Reduced -4.4k -4,392
84 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 15,66815.7k $509.8k $509.8k 0.00% Reduced -4.1k -4,056
85 Sound View Wealth Advisors Group, LLC 0.04% of their portfolio SAVANNAH, GA 15,60915.6k $507.9k $507.9k 0.04% Reduced -380 -380
86 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio CEDAR RAPIDS, IA 15,57515.6k $506.8k $506.8k 0.04% Unchanged
87 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 15,39615.4k $501.0k $501.0k 0.00% Added +708 +708
88 Belpointe Asset Management LLC 0.03% of their portfolio RENO, NV 15,06515.1k $490.2k $490.2k 0.03% Added +50 +50
89 Maridea Wealth Management LLC 0.16% of their portfolio BROOKLYN, NY 15,02815.0k $489.0k $489.0k 0.16% Added +506 +506
90 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 14,74414.7k $479.8k $479.8k 0.00% Added +1.8k +1,829
91 PFG Investments, LLC 0.03% of their portfolio WOODBURY, NY 13,70713.7k $446.0k $446.0k 0.03% Added +157 +157
92 Semus Wealth Partners LLC 0.31% of their portfolio Boca Raton, FL 13,69213.7k $445.5k $445.5k 0.31% Reduced -583 -583
93 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 13,60613.6k $442.7k $442.7k 0.02% Reduced -3.0k -3,001
94 MGO ONE SEVEN LLC 0.02% of their portfolio Beachwood, OH 13,17113.2k $428.6k $428.6k 0.02% Unchanged
95 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 13,14113.1k $427.6k $427.6k 0.00% Added +775 +775
96 NEVILLE RODIE & SHAW INC 0.03% of their portfolio NEW YORK, NY 12,70112.7k $413.0k $413.0k 0.03% Unchanged
97 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 12,70012.7k $413.3k $413.3k 0.00% Unchanged
98 Per Stirling Capital Management, LLC. 0.06% of their portfolio AUSTIN, TX 12,23012.2k $398.0k $398.0k 0.06% Added +5.6k +5,638
99 MATRIX PRIVATE CAPITAL GROUP LLC 0.24% of their portfolio NEW YORK, NY 12,15012.2k $395.4k $395.4k 0.24% Added +3.6k +3,650
100 HBK Sorce Advisory LLC 0.01% of their portfolio ERIE, PA 11,76511.8k $382.8k $382.8k 0.01% Added +32 +32