DaveManuel.com · Institutional Ownership · Who Owns It
REAVES UTIL INCOME FD (UTG)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
267
Reporting holders
$562.3M
Reported value
0.0%
Calls
0.0%
Puts
+27
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | $53.2M | 1,307,405 | 0.00% | 31q | -4.0%-$2.2M |
| MORGAN STANLEY | $49.1M | 1,205,092 | 0.00% | 35q | +5.8%+$2.7M |
| LPL Financial LLC | $35.7M | 877,625 | 0.01% | 31q | +7.1%+$2.4M |
| WELLS FARGO & COMPANY/MN | $28.3M | 694,103 | 0.00% | 31q | -1.9%-$548.8K |
| RAYMOND JAMES FINANCIAL INC | $22.4M | 548,908 | 0.01% | 7q | +52.8%+$7.7M |
| ROYAL BANK OF CANADA | $21.7M | 532,580 | 0.00% | 31q | -7.6%-$1.8M |
| COMMONWEALTH EQUITY SERVICES, LLC | $17.8M | 437,513 | 0.02% | 31q | +3.1%+$533.9K |
| CAPTRUST FINANCIAL ADVISORS | $15.5M | 380,508 | 0.02% | 16q | +4.0%+$596.4K |
| AMERIPRISE FINANCIAL INC | $13.3M | 325,955 | 0.00% | 31q | -1.9%-$256.8K |
| J.W. COLE ADVISORS, INC. | $13.2M | 323,107 | 0.23% | new | NEW |
| STIFEL FINANCIAL CORP | $12.1M | 296,826 | 0.01% | 31q | -0.5%-$64.9K |
| OSAIC HOLDINGS, INC. | $11.9M | 292,537 | 0.01% | 26q | +15.3%+$1.6M |
| UBS Group AG | $11.7M | 287,252 | 0.00% | 31q | +9.5%+$1.0M |
| Gerald Baker Financial Group LLC | $10.2M | 250,323 | 2.90% | 2q | +5.6%+$544.3K |
| OAK FAMILY ADVISORS, LLC | $10.1M | 247,979 | 2.58% | 10q | +7.6%+$716.0K |
| Magnus Financial Group LLC | $9.7M | 238,730 | 0.69% | 31q | +3.7%+$345.8K |
| Cambridge Investment Research Advisors, Inc. | $8.9M | 219,714 | 0.01% | 31q | +101.5%+$4.5M |
| Sterling Investment Advisors, Ltd. | $7.7M | 189,654 | 1.29% | 11q | -1.4%-$112.8K |
| NewEdge Advisors, LLC | $7.0M | 172,636 | 0.02% | 15q | +111.4%+$3.7M |
| Cetera Investment Advisers | $6.6M | 161,288 | 0.01% | 25q | -2.4%-$161.3K |
| Wealthspire Advisors, LLC | $6.5M | 159,511 | 0.04% | 3q | +5.0%+$311.2K |
| JBR Co Financial Management Inc | $5.8M | 142,777 | 2.12% | 11q | HELD |
| Private Advisor Group, LLC | $5.7M | 140,096 | 0.03% | 31q | +1.2%+$70.1K |
| Janney Montgomery Scott LLC | $5.0M | 123,766 | 0.01% | 31q | +11.4%+$514.8K |
| HBW ADVISORY SERVICES LLC | $4.5M | 111,666 | 0.41% | 20q | +0.7%+$30.8K |
| Mariner, LLC | $4.4M | 108,647 | 0.00% | 10q | -2.3%-$104.9K |
| Lido Advisors, LLC | $4.0M | 98,304 | 0.01% | 11q | -34.7%-$2.1M |
| Tradition Wealth Management, LLC | $3.9M | 94,789 | 0.24% | 23q | +15.1%+$506.9K |
| INDEPENDENT FINANCIAL GROUP, LLC | $3.7M | 89,708 | 0.07% | 12q | +3.4%+$121.4K |
| REAVES W H & CO INC | $3.5M | 85,747 | 0.05% | 31q | +1.4%+$48.3K |
| GUGGENHEIM CAPITAL LLC | $3.4M | 82,301 | 0.02% | 31q | -38.0%-$2.1M |
| WEALTH EFFECTS LLC | $3.3M | 81,985 | 0.90% | 11q | -1.1%-$35.9K |
| Smith Asset Management Co., LLC | $3.0M | 73,879 | 2.37% | 7q | -2.0%-$61.1K |
| OPPENHEIMER & CO INC | $2.9M | 71,431 | 0.03% | 19q | -3.9%-$119.2K |
| &PARTNERS | $2.9M | 70,610 | 0.01% | 5q | +2.4%+$67.2K |
| NWF Advisory Services Inc. | $2.8M | 69,225 | 0.26% | 6q | +39.2%+$794.1K |
| Jefferies Financial Group Inc. | $2.8M | 68,546 | 0.02% | 5q | +9.0%+$231.1K |
| LongView Wealth Management | $2.7M | 67,338 | 0.70% | 11q | HELD |
| PNC Financial Services Group, Inc. | $2.6M | 63,136 | 0.00% | 31q | +10.5%+$245.0K |
| COHEN & STEERS, INC. | $2.4M | 58,000 | 0.00% | 5q | +9.4%+$203.6K |
| Stratos Wealth Partners, LTD. | $2.3M | 56,442 | 0.02% | 11q | +8.8%+$186.8K |
| FIRST TRUST ADVISORS LP | $2.3M | 56,303 | 0.00% | 22q | +2.9%+$65.0K |
| STEVENS CAPITAL PARTNERS | $2.3M | 56,038 | 0.43% | new | NEW |
| CENTAURUS FINANCIAL, INC. | $2.2M | 54,572 | 0.09% | 27q | -2.2%-$49.3K |
| LANARK FINANCIAL, INC. | $2.2M | 54,264 | 0.15% | 12q | +6.2%+$129.7K |
| Kestra Advisory Services, LLC | $2.1M | 52,218 | 0.01% | 24q | -6.9%-$156.6K |
| GRIFFIN ASSET MANAGEMENT, INC. | $2.1M | 51,635 | 0.22% | 4q | +11.3%+$213.6K |
| Steward Partners Investment Advisory, LLC | $2.1M | 51,586 | 0.01% | 31q | +2.9%+$60.0K |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $2.1M | 51,503 | 0.00% | 31q | -11.4%-$269.8K |
| Samalin Investment Counsel, LLC | $2.0M | 49,883 | 0.63% | 12q | +39.0%+$570.4K |
| Kercheville Advisors, LLC | $2.0M | 49,353 | 0.61% | 7q | +3.6%+$69.5K |
| Strategic Family Wealth Counselors, L.L.C. | $2.0M | 48,173 | 0.46% | 13q | -3.5%-$70.1K |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $1.9M | 47,690 | 0.00% | 8q | +6.9%+$126.4K |
| INTEGRITY ALLIANCE, LLC. | $1.9M | 45,914 | 0.06% | 6q | +5.6%+$98.4K |
| Ascentis Wealth Management, LLC | $1.9M | 45,894 | 0.28% | 6q | +23.0%+$349.5K |
| Wright Wealth LLC | $1.8M | 44,805 | 1.10% | 3q | HELD |
| Aegis Wealth Management, Inc. | $1.6M | 40,437 | 1.06% | 3q | -3.6%-$61.9K |
| ENVESTNET ASSET MANAGEMENT INC | $1.6M | 40,268 | 0.00% | 21q | +9.8%+$147.0K |
| XTX Topco Ltd | $1.5M | 37,884 | 0.02% | 2q | +244.1%+$1.1M |
| Sigma Planning Corp | $1.5M | 37,286 | 0.04% | 30q | +0.5%+$7.8K |
| WEDBUSH SECURITIES INC | $1.5M | 35,813 | 0.04% | 23q | -4.3%-$65.6K |
| AlphaCore Capital LLC | $1.5M | 35,703 | 0.03% | 6q | +103.7%+$740.3K |
| MML INVESTORS SERVICES, LLC | $1.4M | 35,583 | 0.00% | 10q | +15.5%+$194.1K |
| Red Door Wealth Management, LLC | $1.4M | 35,128 | 0.13% | new | NEW |
| Beacon Capital Management, Inc. | $1.4M | 34,500 | 0.08% | 6q | HELD |
| Sowell Financial Services LLC | $1.3M | 32,738 | 0.04% | 17q | -16.4%-$260.8K |
| HighTower Advisors, LLC | $1.3M | 31,870 | 0.00% | 22q | HELD |
| World Investment Advisors | $1.3M | 32,275 | 0.02% | 8q | -0.6%-$7.1K |
| STEPHENS INC /AR/ | $1.3M | 30,911 | 0.01% | 8q | +3.5%+$42.9K |
| Creative Planning | $1.2M | 30,103 | 0.00% | 31q | -2.8%-$35.4K |
| Merrion Investment Management Co, LLC | $1.2M | 30,000 | 0.58% | 23q | +9.1%+$101.8K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1.2M | 29,456 | 0.00% | new | NEW |
| WOLVERINE ASSET MANAGEMENT LLC | $1.2M | 29,012 | 0.01% | new | NEW |
| Mission Hills Financial Advisory, LLC | $1.2M | 28,847 | 0.52% | 5q | +51.6%+$399.8K |
| MATRIX PRIVATE CAPITAL GROUP LLC | $1.2M | 28,429 | 0.50% | 8q | +18.7%+$182.3K |
| Carnegie Lake Advisors LLC | $1.1M | 26,296 | 0.40% | 8q | -0.6%-$6.1K |
| JANE STREET GROUP, LLC | $1.1M | 26,288 | 0.00% | 5q | +92.5%+$514.4K |
| PMG Family Office LLC | $1.1M | 25,948 | 0.97% | 4q | +0.9%+$9.6K |
| Westbourne Investment Advisors, Inc. | $1.0M | 25,600 | 0.29% | 5q | HELD |
| XML Financial, LLC | $1.0M | 25,359 | 0.08% | 9q | -2.1%-$22.2K |
| Prospera Financial Services Inc | $1.0M | 24,846 | 0.01% | 9q | +32.2%+$246.2K |
| FIFTH THIRD BANCORP | $977.1K | 23,995 | 0.00% | 31q | +17.1%+$142.5K |
| CreativeOne Wealth, LLC | $948.1K | 23,284 | 0.02% | 7q | -32.1%-$448.4K |
| Future Financial Wealth Managment LLC | $915.1K | 22,635 | 0.57% | 23q | -6.5%-$63.4K |
| Sanctuary Advisors, LLC | $907.8K | 22,294 | 0.00% | 9q | +4.2%+$36.7K |
| MONETARY MANAGEMENT GROUP INC | $895.8K | 22,000 | 0.18% | 9q | +2.3%+$20.4K |
| Atlanta Consulting Group Advisors, LLC | $852.6K | 20,938 | 0.14% | 7q | HELD |
| Atlas Brown,Inc. | $814.3K | 19,998 | 0.22% | 21q | -2.3%-$18.9K |
| MAI Capital Management | $808.5K | 19,856 | 0.00% | 7q | +17.4%+$119.7K |
| Welch Group, LLC | $803.4K | 19,729 | 0.03% | 24q | HELD |
| Advisory Services Network, LLC | $789.7K | 19,393 | 0.01% | 16q | HELD |
| MERCER GLOBAL ADVISORS INC /ADV | $789.4K | 19,387 | 0.00% | 11q | +11.3%+$80.2K |
| WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC | $784.3K | 19,260 | 0.20% | 10q | HELD |
| Focus Partners Wealth | $755.7K | 18,558 | 0.00% | 6q | +4.9%+$35.0K |
| DAVENPORT & Co LLC | $733.5K | 18,013 | 0.00% | 31q | -1.5%-$11.0K |
| Belpointe Asset Management LLC | $730.6K | 17,942 | 0.02% | 9q | +1.1%+$7.7K |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV | $727.9K | 17,875 | 0.03% | 20q | +14.8%+$93.7K |
| Visionary Wealth Advisors | $707.1K | 17,366 | 0.03% | 7q | +30.2%+$164.2K |
| Compound Planning, Inc. | $700.5K | 17,202 | 0.02% | 4q | -1.5%-$10.5K |
| Maridea Wealth Management LLC | $696.2K | 17,096 | 0.08% | 7q | +8.1%+$52.3K |
Showing the largest 100 of 268 reported holders. The count of 267 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 98 | $100.7M | 2,903,499 | 12 | 34 | 21 | 0.0% |
| Q2 2026 | 267 | $562.3M | 13,811,561 | 37 | 95 | 49 | 0.0% |
| Q1 2026 | 240 | $497.4M | 12,666,357 | 26 | 97 | 43 | 0.0% |
| Q4 2025 | 240 | $444.6M | 12,455,562 | 24 | 89 | 47 | 0.0% |
| Q3 2025 | 240 | $497.4M | 12,558,936 | 32 | 88 | 54 | 0.0% |
| Q2 2025 | 221 | $455.7M | 12,596,235 | 31 | 90 | 45 | 0.0% |
| Q1 2025 | 200 | $360.0M | 11,064,987 | 23 | 77 | 41 | 0.0% |
| Q4 2024 | 202 | $326.2M | 10,288,092 | 20 | 76 | 42 | 0.0% |
| Q3 2024 | 199 | $313.4M | 9,551,203 | 35 | 66 | 35 | 0.0% |
| Q2 2024 | 170 | $232.9M | 8,525,565 | 20 | 58 | 39 | 0.0% |
| Q1 2024 | 169 | $258.0M | 9,621,102 | 20 | 59 | 39 | 0.0% |
| Q4 2023 | 159 | $220.6M | 8,248,013 | 24 | 48 | 39 | 0.0% |
| Q3 2023 | 146 | $167.7M | 6,804,448 | 15 | 46 | 37 | 0.0% |
| Q2 2023 | 150 | $184.6M | 6,731,372 | 8 | 46 | 42 | 0.0% |
| Q1 2023 | 163 | $193.2M | 6,807,937 | 21 | 67 | 27 | 0.0% |
| Q4 2022 | 155 | $454.8M | 16,088,751 | 25 | 41 | 42 | 0.0% |
| Q3 2022 | 143 | $1.2B | 45,100,889 | 13 | 51 | 30 | 0.0% |
| Q2 2022 | 151 | $1.4B | 45,191,698 | 17 | 54 | 34 | 0.0% |
| Q1 2022 | 158 | $1.7B | 48,107,944 | 23 | 52 | 25 | 0.0% |
| Q4 2021 | 160 | $1.7B | 48,505,192 | 22 | 56 | 28 | 0.0% |
| Q3 2021 | 148 | $504.4M | 15,389,040 | 22 | 51 | 27 | 0.0% |
| Q2 2021 | 135 | $255.0M | 7,433,297 | 16 | 41 | 26 | 0.0% |
| Q1 2021 | 126 | $232.9M | 6,950,312 | 16 | 39 | 29 | 0.0% |
| Q4 2020 | 130 | $581.9M | 17,746,523 | 16 | 34 | 26 | 0.0% |
| Q3 2020 | 120 | $503.5M | 16,090,728 | 17 | 30 | 33 | 0.0% |
| Q2 2020 | 113 | $485.3M | 16,080,753 | 14 | 29 | 35 | 0.0% |
| Q1 2020 | 114 | $495.6M | 17,239,329 | 12 | 37 | 26 | 0.0% |
| Q4 2019 | 130 | $736.7M | 19,877,337 | 14 | 45 | 22 | 0.0% |
| Q3 2019 | 119 | $713.7M | 19,450,263 | 17 | 34 | 25 | 0.0% |
| Q2 2019 | 109 | $657.4M | 18,363,109 | 9 | 44 | 22 | 0.0% |
| Q1 2019 | 115 | $630.5M | 18,720,692 | 14 | 39 | 21 | 0.0% |
| Q4 2018 | 112 | $515.9M | 17,526,560 | 0 | 2 | 3 | 0.0% |