REAVES UTILITY INCOME FUND (UTG) — Institutional Holders, Q2 2026
267 institutional investment managers reported a UTG position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $557.8M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
UTG in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- J.W. COLE ADVISORSNew · +323,107 sh+$13.2M
- RAYMOND JAMES FINANCIALAdded · +189,630 sh+$7.7M
- Gerald Baker Financial GroupAdded · +93,840 sh+$3.8M
- MORGAN STANLEYAdded · +66,435 sh+$2.7M
- LPL FinancialAdded · +58,210 sh+$2.4M
Biggest sellers
- EverSource Wealth AdvisorsTrimmed · -517,585 sh-$21.1M
- BANK OF AMERICATrimmed · -53,825 sh-$2.2M
- Lido AdvisorsTrimmed · -52,285 sh-$2.1M
- GUGGENHEIM CAPITALTrimmed · -50,398 sh-$2.1M
- ROYAL BANK OF CANADATrimmed · -43,793 sh-$1.8M
UTG 13F holders ranked 1–100 of 267
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | BANK OF AMERICA#1 · 1,307,405 sh | 1,307,405 | $53.2M | <0.01% | -4.0% |
| 2 | MORGAN STANLEY#2 · 1,205,092 sh | 1,205,092 | $49.1M | <0.01% | +5.8% |
| 3 | LPL Financial#3 · 877,625 sh | 877,625 | $35.7M | <0.01% | +7.1% |
| 4 | WELLS FARGO & COMPANY#4 · 694,103 sh | 694,103 | $28.3M | <0.01% | -1.9% |
| 5 | RAYMOND JAMES FINANCIAL#5 · 548,908 sh | 548,908 | $22.4M | <0.01% | +52.8% |
| 6 | ROYAL BANK OF CANADA#6 · 532,580 sh | 532,580 | $21.7M | <0.01% | -7.6% |
| 7 | COMMONWEALTH EQUITY SERVICES#7 · 437,513 sh | 437,513 | $17.8M | 0.02% | +3.1% |
| 8 | CAPTRUST FINANCIAL ADVISORS#8 · 380,508 sh | 380,508 | $15.5M | 0.02% | +4.0% |
| 9 | AMERIPRISE FINANCIAL#9 · 325,955 sh | 325,955 | $13.3M | <0.01% | -1.9% |
| 10 | J.W. COLE ADVISORS#10 · 323,107 sh | 323,107 | $13.2M | 0.23% | New |
| 11 | STIFEL FINANCIAL#11 · 296,826 sh | 296,826 | $12.1M | 0.01% | -0.5% |
| 12 | OSAIC#12 · 292,537 sh | 292,537 | $11.9M | 0.01% | +15.3% |
| 13 | UBS Group AG#13 · 287,252 sh | 287,252 | $11.7M | <0.01% | +9.5% |
| 14 | Gerald Baker Financial Group#14 · 250,323 sh | 250,323 | $10.2M | — | +60.0% |
| 15 | OAK FAMILY ADVISORS#15 · 247,979 sh | 247,979 | $10.1M | — | +7.6% |
| 16 | Magnus Financial Group#16 · 238,730 sh | 238,730 | $9.7M | — | +3.7% |
| 17 | Sterling Investment Advisors, Ltd.#17 · 189,654 sh | 189,654 | $7.7M | 1.29% | -1.4% |
| 18 | NewEdge Advisors#18 · 172,636 sh | 172,636 | $7.0M | 0.02% | +116.7% |
| 19 | Cetera Investment Advisers#19 · 161,288 sh | 161,288 | $6.6M | <0.01% | -2.4% |
| 20 | Wealthspire Advisors#20 · 159,511 sh | 159,511 | $6.5M | 0.04% | +5.0% |
| 21 | JBR Financial Management#21 · 142,777 sh | 142,777 | $5.8M | — | +0.5% |
| 22 | Private Advisor Group#22 · 140,096 sh | 140,096 | $5.7M | 0.03% | +1.2% |
| 23 | Janney Montgomery Scott#23 · 123,766 sh | 123,766 | $5.0M | <0.01% | +11.4% |
| 24 | HBW Advisory Services#24 · 111,666 sh | 111,666 | $4.5M | — | +0.7% |
| 25 | Cambridge Investment Research Advisors#25 · 109,857 sh | 109,857 | $4.5M | 0.01% | +0.8% |
| 26 | Mariner#26 · 108,647 sh | 108,647 | $4.4M | <0.01% | -2.3% |
| 27 | Lido Advisors#27 · 98,304 sh | 98,304 | $4.0M | 0.01% | -34.7% |
| 28 | Tradition Wealth Management#28 · 94,789 sh | 94,789 | $3.9M | 0.24% | +15.1% |
| 29 | INDEPENDENT FINANCIAL GROUP#29 · 89,708 sh | 89,708 | $3.7M | — | +22.7% |
| 30 | REAVES W H#30 · 85,747 sh | 85,747 | $3.5M | 0.05% | +1.4% |
| 31 | GUGGENHEIM CAPITAL#31 · 82,301 sh | 82,301 | $3.4M | 0.02% | -38.0% |
| 32 | WEALTH EFFECTS#32 · 81,985 sh | 81,985 | $3.3M | — | -1.1% |
| 33 | Smith Asset Management#33 · 73,879 sh | 73,879 | $3.0M | — | -2.0% |
| 34 | OPPENHEIMER#34 · 71,431 sh | 71,431 | $2.9M | — | -3.9% |
| 35 | WILEY BROS.-AINTREE CAPITAL#35 · 70,610 sh | 70,610 | $2.9M | 0.01% | +2.4% |
| 36 | NWF Advisory Services#36 · 69,225 sh | 69,225 | $2.8M | — | +39.2% |
| 37 | LEUCADIA NATIONAL#37 · 68,546 sh | 68,546 | $2.8M | 0.02% | +9.0% |
| 38 | LongView Wealth Management#38 · 67,338 sh | 67,338 | $2.7M | — | -0.1% |
| 39 | PNC FINANCIAL SERVICES GROUP#39 · 63,136 sh | 63,136 | $2.6M | <0.01% | +10.5% |
| 40 | COHEN & STEERS#40 · 58,000 sh | 58,000 | $2.4M | <0.01% | +9.4% |
| 41 | Stratos Wealth Partners, LTD.#41 · 56,442 sh | 56,442 | $2.3M | 0.02% | +8.8% |
| 42 | FIRST ADVISORS#42 · 56,303 sh | 56,303 | $2.3M | <0.01% | +2.9% |
| 43 | STEVENS CAPITAL PARTNERS#43 · 56,038 sh | 56,038 | $2.3M | 0.43% | New |
| 44 | CENTAURUS FINANCIAL#44 · 54,572 sh | 54,572 | $2.2M | 0.09% | -2.2% |
| 45 | NBC SECURITIES#45 · 54,264 sh | 54,264 | $2.2M | — | +6.2% |
| 46 | Kestra Advisory Services#46 · 52,218 sh | 52,218 | $2.1M | <0.01% | -6.9% |
| 47 | GRIFFIN ASSET MANAGEMENT#47 · 51,635 sh | 51,635 | $2.1M | — | +11.3% |
| 48 | Steward Partners Investment Advisory#48 · 51,586 sh | 51,586 | $2.1M | 0.01% | +2.9% |
| 49 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT#49 · 51,503 sh | 51,503 | $2.1M | <0.01% | -11.4% |
| 50 | Samalin Investment Counsel#50 · 49,883 sh | 49,883 | $2.0M | — | +39.0% |
| 51 | Kercheville Advisors#51 · 49,353 sh | 49,353 | $2.0M | — | +3.6% |
| 52 | Strategic Family Wealth Counselors, L.L.C.#52 · 48,173 sh | 48,173 | $2.0M | 0.46% | -3.5% |
| 53 | WEALTH ENHANCEMENT ADVISORY SERVICES#53 · 47,690 sh | 47,690 | $1.9M | — | +6.9% |
| 54 | INTEGRITY ALLIANCE#54 · 45,914 sh | 45,914 | $1.9M | 0.06% | +5.6% |
| 55 | ORG Wealth Partners#55 · 45,894 sh | 45,894 | $1.9M | 0.28% | +23.0% |
| 56 | Wright Wealth#56 · 44,805 sh | 44,805 | $1.8M | 1.10% | 0.0% |
| 57 | Aegis Wealth Management#57 · 40,437 sh | 40,437 | $1.6M | — | -3.6% |
| 58 | ENVESTNET ASSET MANAGEMENT#58 · 40,268 sh | 40,268 | $1.6M | <0.01% | +9.8% |
| 59 | XTX Topco Ltd#59 · 37,884 sh | 37,884 | $1.5M | 0.02% | +244.1% |
| 60 | Sigma Planning#60 · 37,286 sh | 37,286 | $1.5M | — | +0.5% |
| 61 | WEDBUSH SECURITIES#61 · 35,813 sh | 35,813 | $1.5M | — | -4.3% |
| 62 | AlphaCore Capital#62 · 35,703 sh | 35,703 | $1.5M | 0.03% | +103.7% |
| 63 | MML INVESTORS SERVICES#63 · 35,583 sh | 35,583 | $1.4M | <0.01% | +15.5% |
| 64 | Red Door Wealth Management#64 · 35,128 sh | 35,128 | $1.4M | 0.13% | New |
| 65 | Beacon Capital Management#65 · 34,500 sh | 34,500 | $1.4M | — | 0.0% |
| 66 | Sowell Financial Services#66 · 32,738 sh | 32,738 | $1.3M | — | -16.4% |
| 67 | HighTower Advisors#67 · 31,870 sh | 31,870 | $1.3M | <0.01% | +0.2% |
| 68 | World Investment Advisors#68 · 32,275 sh | 32,275 | $1.3M | 0.02% | -0.6% |
| 69 | STEPHENS#69 · 30,911 sh | 30,911 | $1.3M | 0.01% | +3.5% |
| 70 | Creative Planning#70 · 30,103 sh | 30,103 | $1.2M | <0.01% | -2.8% |
| 71 | Merrion Investment Management#71 · 30,000 sh | 30,000 | $1.2M | — | +9.1% |
| 72 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#72 · 29,456 sh | 29,456 | $1.2M | <0.01% | New |
| 73 | WOLVERINE ASSET MANAGEMENT#73 · 29,012 sh | 29,012 | $1.2M | 0.01% | New |
| 74 | Mission Hills Financial Advisory#74 · 28,847 sh | 28,847 | $1.2M | 0.52% | +51.6% |
| 75 | MATRIX PRIVATE CAPITAL GROUP#75 · 28,429 sh | 28,429 | $1.2M | 0.50% | +18.7% |
| 76 | Carnegie Lake Advisors#76 · 26,296 sh | 26,296 | $1.1M | 0.40% | -0.6% |
| 77 | JANE STREET GROUP#77 · 26,288 sh | 26,288 | $1.1M | <0.01% | +92.5% |
| 78 | PMG Family Office#78 · 25,948 sh | 25,948 | $1.1M | — | +0.9% |
| 79 | Westbourne Investment Advisors#79 · 25,600 sh | 25,600 | $1.0M | — | 0.0% |
| 80 | XML Financial#80 · 25,359 sh | 25,359 | $1.0M | 0.08% | -2.1% |
| 81 | Prospera Financial Services#81 · 24,846 sh | 24,846 | $1.0M | 0.01% | +32.2% |
| 82 | Integrated Wealth Concepts#82 · 24,546 sh | 24,546 | $999.5K | <0.01% | +88.7% |
| 83 | FIFTH THIRD BANCORP#83 · 23,995 sh | 23,995 | $977.1K | <0.01% | +17.1% |
| 84 | CreativeOne Wealth#84 · 23,284 sh | 23,284 | $948.1K | 0.02% | -32.1% |
| 85 | Future Financial Wealth Managment#85 · 22,635 sh | 22,635 | $915.1K | — | -6.5% |
| 86 | Sanctuary Advisors#86 · 22,294 sh | 22,294 | $907.8K | <0.01% | +4.2% |
| 87 | MONETARY MANAGEMENT GROUP#87 · 22,000 sh | 22,000 | $895.8K | 0.18% | +2.3% |
| 88 | Atlanta Consulting Group Advisors#88 · 20,938 sh | 20,938 | $852.6K | 0.14% | +0.2% |
| 89 | Atlas Brown#89 · 19,998 sh | 19,998 | $814.3K | — | -2.3% |
| 90 | MAI Capital Management#90 · 19,856 sh | 19,856 | $808.5K | <0.01% | +17.4% |
| 91 | Welch Group#91 · 19,729 sh | 19,729 | $803.4K | 0.03% | 0.0% |
| 92 | Advisory Services Network#92 · 19,393 sh | 19,393 | $789.7K | <0.01% | -0.3% |
| 93 | MERCER GLOBAL ADVISORS#93 · 19,387 sh | 19,387 | $789.4K | <0.01% | +11.3% |
| 94 | WALLED LAKE PLANNING & WEALTH MANAGEMENT#94 · 19,260 sh | 19,260 | $784.3K | 0.20% | 0.0% |
| 95 | Focus Partners Wealth#95 · 18,558 sh | 18,558 | $755.7K | <0.01% | +4.9% |
| 96 | DAVENPORT#96 · 18,013 sh | 18,013 | $733.5K | — | -1.5% |
| 97 | Belpointe Asset Management#97 · 17,942 sh | 17,942 | $730.6K | 0.02% | +1.1% |
| 98 | NATIONS FINANCIAL GROUP , /IA#98 · 17,875 sh | 17,875 | $727.9K | 0.03% | +14.8% |
| 99 | Visionary Wealth Advisors#99 · 17,366 sh | 17,366 | $707.1K | 0.03% | +30.2% |
| 100 | Compound Planning#100 · 17,202 sh | 17,202 | $700.5K | 0.02% | -1.5% |
Funds that sold out of UTG in Q2 2026 (12)
Held UTG at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| NEVILLE RODIE & SHAW12,701 sh | 12,701 | $499.0K |
| Wealthcare Advisory Partners11,795 sh | 11,795 | $463.3K |
| Simplicity Wealth9,379 sh | 9,379 | $368.4K |
| Virtu Financial8,791 sh | 8,791 | $345.0K |
| ELCO Management7,250 sh | 7,250 | $284.8K |
| Golden State Equity Partners6,897 sh | 6,897 | $270.9K |
| Allie Family Office6,490 sh | 6,490 | $254.9K |
| Pinnacle Financial Partners5,379 sh | 5,379 | $211.3K |
| JONES FINANCIAL COMPANIES LLLP3,099 sh | 3,099 | $121.7K |
| Osbon Capital Management992 sh | 992 | $39.0K |
| RESOURCES MANAGEMENT /CT356 sh | 356 | $14.0K |
| Morton Brown Family Wealth160 sh | 160 | $6.3K |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.