Who Owns Reaves Utility Income Fund Stock?
NYSE: UTGFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 15.14%
- Held by insiders
- 0.03%
- Institutional holders
- 287
- Institutions 15.1%
- Insiders 0.0%
- Public and other 84.8%
Who owns Reaves Utility Income Fund stock?
Institutional investors own about 15.1% of Reaves Utility Income Fund's shares, spread across 287 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 0.03% of UTG.
The largest institutional holders are Bank of America Corporation (1.43%), Morgan Stanley (1.32%) and LPL Financial LLC (0.96%). Together, the top 10 institutions control 7.3% of shares outstanding. In their latest filings, 6 of the top 10 institutions increased their UTG positions and 4 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of UTG
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Bank of America Corporation | 1.31M | 1.43% | -4.0% |
| Morgan Stanley | 1.21M | 1.32% | +5.8% |
| LPL Financial LLC | 877.63K | 0.96% | +7.1% |
| Wells Fargo & Company | 694.10K | 0.76% | -1.9% |
| Raymond James Financial, Inc. | 548.91K | 0.60% | +52.8% |
| Royal Bank of Canada | 532.58K | 0.58% | -7.6% |
| Commonwealth Equity Services, LLC | 437.51K | 0.48% | +3.1% |
| CAPTRUST Financial Advisors | 380.51K | 0.42% | +4.0% |
| Ameriprise Financial, Inc. | 325.95K | 0.36% | -1.9% |
| J.W. Cole Advisors, Inc. | 323.11K | 0.35% | +100.0% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of UTG
| Fund | Shares | % Held |
|---|---|---|
| Cohen & Steers Closed-End Opportunity Fund, Inc. | 58.00K | 0.06% |
| First TRT Exch-Trd Fd. VIII-First TRT Income Opportunities ETF | 43.03K | 0.05% |
Frequently asked questions
Who is the largest shareholder of Reaves Utility Income Fund?
Bank of America Corporation is the largest institutional shareholder of UTG, owning 1.43% of shares outstanding (1.31M shares) as of its latest 13F filing.
What percentage of Reaves Utility Income Fund is owned by institutions?
Institutions own about 15.1% of UTG shares and 15.1% of the public float.
How much of Reaves Utility Income Fund do insiders own?
Insiders, such as officers and directors, own about 0.03% of UTG shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.