Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

REAVES UTIL INCOME FD (UTG)

224 + Investors. Track Smart Money conviction in UTG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
60%

Smart Money Signals — UTG

Based on 224 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their UTG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
224 hedge funds hold UTG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+31 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

122 buying82 selling
Last quarter: 122 funds were net buyers (28 opened a brand new position + 94 added to an existing one). Only 82 were sellers (51 trimmed + 31 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~28 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 24 → 31 → 31 → 28. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 28% medium ■ 21% new
115 out of 224 hedge funds have held UTG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -2%, value -92%

Value
-92%
Shares
-1%
Last quarter: funds added -2% more shares while total portfolio value only changed -92%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~28 new funds/quarter

29 → 24 → 31 → 31 → 28 new funds/Q
New funds entering each quarter: 24 → 31 → 31 → 28. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 53% of holders stayed 2+ years

■ 53% veterans ■ 19% 1-2yr ■ 28% new
Of 224 current holders: 119 (53%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
14 of 224 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in UTG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: UTG

How many hedge funds hold UTG — quarterly history vs. share price
Quarterly hedge fund ownership of UTG vs. share price

Market Analysis: UTG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: UTG

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 2 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: UTG
2026 Q1 Stats Unlock in 21 days 224 + Investors

Track Smart Money conviction in UTG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 224 227 -1.32%
13F Shares 12M 12M -1.52%
Total Value $434M $5.62B -92.27%
New Positions 28 31 -3
Increased Positions 94 92 +2
Closed Positions 31 16 +15
Reduced Positions 51 54 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: UTG

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
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Return on Assets (ttm) --
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Income Statement & Cash Flow
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Institutional Holders (2026 Q1)

224 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in UTG. Verified SEC 13F-HR filings.

Top 25 institutional holders of UTG — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 OAK FAMILY ADVISORS, LLC 2.55% 230,396 $9.0M
2 JBR Co Financial Management Inc 2.18% 142,112 $5.2M
3 Aegis Wealth Management, Inc. 1.30% 41,958 $1.6M
4 WEALTH EFFECTS LLC 1.15% 82,866 $3.3M
5 PMG Family Office LLC 1.13% 25,712 $1.0M
6 Magnus Financial Group LLC 0.73% 230,239 $9.0M
7 LongView Wealth Management 0.71% 67,380 $2.8M
8 Future Financial Wealth Managment LLC 0.65% 24,202 $1.0M
9 Kercheville Advisors, LLC 0.60% 47,645 $1.9M
10 Merrion Investment Management Co, LLC 0.58% 27,500 $1.1M
11 Samalin Investment Counsel, LLC 0.50% 35,875 $1.4M
12 City Center Advisors, LLC 0.32% 8,873 $349K
13 Orca Investment Management, LLC 0.32% 9,500 $373K
14 Westbourne Investment Advisors, Inc. 0.29% 25,600 $1.0M
15 Ascentis Wealth Management, LLC 0.29% 37,311 $1.5M
16 Atlas Brown,Inc. 0.24% 20,461 $804K
17 Sunpointe, LLC 0.22% 16,755 $658K
18 Penbrook Management LLC 0.18% 6,125 $241K
19 Innova Wealth Partners 0.18% 9,481 $372K
20 NBC SECURITIES, INC. 0.15% 51,079 $2.0M
21 Castle Rock Wealth Management, LLC 0.15% 17,376 $692K
22 Ballew Advisors, Inc 0.14% 5,934 $244K
23 ELCO Management Co., LLC 0.14% 7,250 $285K
24 Semus Wealth Partners LLC 0.13% 5,777 $227K
25 Hilton Head Capital Partners, LLC 0.12% 5,215 $205K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — REAVES UTIL INCOME FD (UTG)

What does the Smart Money Trend signal show for UTG?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their UTG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for UTG?

More buyers than sellers — 60% buying: Last quarter: 122 funds were net buyers (28 opened a brand new position + 94 added to an existing one). Only 82 were sellers (51 trimmed + 31 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for UTG holders?

Elite ownership — 40% AUM from top-100 funds: 14 of 224 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in UTG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held UTG?

51% of holders stayed for 2+ years: 115 out of 224 hedge funds have held UTG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.