Who owns Reaves Utility Income Fund?
Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.
Institutional ownership of UTG from SEC Form 13F filings across 266 reporting managers. All positions are from one synchronized reporting period — 2026-06-30 books, filed up to 45 days after quarter end — so every row is comparable.
As of the 2026-06-30 reporting period, 266 institutions disclosed 13.7M shares of Reaves Utility Income Fund worth $557.7M — about 14.9% of shares outstanding; the largest disclosed holder is BANK OF AMERICA CORP /DE/. Source: SEC Form 13F filings, parsed by EvidInvest.
266
13F holders
$557.7M
value, 2026 filers
14.9%
of shares outstanding (13.7M sh)
41
new positions (2026 filers)
Top institutional holders
ordered by shares owned · positions as of 2026-06-30 · % of fund = share of the manager's own book · % of co. = share of UTG's shares outstanding
| # | Manager | Shares | Value | % of fund | % of co. | Δ shares QoQ |
|---|---|---|---|---|---|---|
| 1 | BANK OF AMERICA CORP /DE/ | 1.3M | $53.2M | 0.0% | 1.4% | -4.0% |
| 2 | MORGAN STANLEY | 1.2M | $49.1M | 0.0% | 1.3% | +5.8% |
| 3 | LPL Financial LLC | 877,625 | $35.7M | 0.0% | 1% | +7.1% |
| 4 | WELLS FARGO & COMPANY/MN | 694,103 | $28.3M | 0.0% | 0.8% | -1.9% |
| 5 | RAYMOND JAMES FINANCIAL INC | 548,908 | $22.4M | 0.0% | 0.6% | +52.8% |
| 6 | ROYAL BANK OF CANADA | 532,580 | $21.7M | 0.0% | 0.6% | -7.6% |
| 7 | COMMONWEALTH EQUITY SERVICES, LLC | 437,513 | $17.8M | 0.0% | 0.5% | +3.1% |
| 8 | CAPTRUST FINANCIAL ADVISORS | 380,508 | $15.5M | 0.0% | 0.4% | +4.0% |
| 9 | AMERIPRISE FINANCIAL INC | 325,955 | $13.3M | 0.0% | 0.4% | -1.9% |
| 10 | J.W. COLE ADVISORS, INC.NEW | 323,107 | $13.2M | 0.2% | 0.4% | new |
| 11 | STIFEL FINANCIAL CORP | 296,826 | $12.1M | 0.0% | 0.3% | -0.5% |
| 12 | OSAIC HOLDINGS, INC. | 292,537 | $11.9M | 0.0% | 0.3% | +15.3% |
| 13 | UBS Group AG | 287,252 | $11.7M | 0.0% | 0.3% | +9.5% |
| 14 | Gerald Baker Financial Group LLC | 250,323 | $10.2M | 2.9% | 0.3% | +5.6% |
| 15 | OAK FAMILY ADVISORS, LLC | 247,979 | $10.1M | 2.6% | 0.3% | +7.6% |
| 16 | Magnus Financial Group LLC | 238,730 | $9.7M | 0.7% | 0.3% | +3.7% |
| 17 | Sterling Investment Advisors, Ltd. | 189,654 | $7.7M | 1.3% | 0.2% | -1.4% |
| 18 | NewEdge Advisors, LLC | 172,636 | $7.0M | 0.0% | 0.2% | +116.7% |
| 19 | Cetera Investment Advisers | 161,288 | $6.6M | 0.0% | 0.2% | -2.4% |
| 20 | Wealthspire Advisors, LLC | 159,511 | $6.5M | 0.0% | 0.2% | +5.0% |
| 21 | JBR Co Financial Management Inc | 142,777 | $5.8M | 2.1% | 0.2% | +0.5% |
| 22 | Private Advisor Group, LLC | 140,096 | $5.7M | 0.0% | 0.2% | +1.2% |
| 23 | Janney Montgomery Scott LLC | 123,766 | $5.0M | 0.0% | 0.1% | +11.4% |
| 24 | HBW ADVISORY SERVICES LLC | 111,666 | $4.5M | 0.4% | 0.1% | +0.7% |
| 25 | Cambridge Investment Research Advisors, Inc. | 109,857 | $4.5M | 0.0% | 0.1% | +0.8% |
Source: SEC Form 13F-HR filings (institutional managers over $100M in US-listed positions). 13Fs disclose long positions only, up to 45 days after quarter end; each manager's latest filed quarter is shown per row and dollar values are the manager's filed marks. Aggregates labeled "2026 filers" count only managers whose latest book is a 2026 quarter. Related: valuation · options positioning · supply chain. Research, not investment advice.