Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Reaves Util Income Fd (UTG)

238 + 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
↑ +7
Streak
1Q ▲
Buyers last Q
67%

Smart Money Signals — UTG

Based on 238 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added UTG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
238 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.
🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q
+42 new funds entered over the past year (+21% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 67% buying

140 buying69 selling
Last quarter: 140 funds were net buyers (30 opened a brand new position + 110 added to an existing one). Only 69 were sellers (46 trimmed + 23 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~30 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 33 → 33 → 30 → 30. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 31% medium ■ 20% new
118 out of 238 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 +903%, value +13%

Value
+13%
Shares
+903%
Last quarter: funds added +903% more shares while total portfolio value only changed +13%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~30 new funds/quarter

25 → 33 → 33 → 30 → 30 new funds/Q
New funds entering each quarter: 33 → 33 → 30 → 30. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 54% veterans vs 26% newcomers

■ 54% veterans ■ 20% 1-2yr ■ 26% new
Entry-cohort mix of 238 holders: 128 (54%) are 2+ year veterans, 48 entered 1–2 years ago, and 62 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
15 of 238 holders are among the 100 largest funds by AUM, controlling 43% 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.

Institutional Sentiment Summary — UTG

In 2026 Q1, 140 hedge funds were net buyers of UTG (30 opened a new position, 110 added to an existing one), while 69 reduced or exited (46 trimmed, 23 sold completely) — a 67% buyer ratio, indicating clear institutional accumulation. 43% of total institutional value in UTG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 238.

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

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Reaves Util Income Fd (UTG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much UTG has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 76d ago
UTG
+3.8%
XLF
+8.0%

UTG outperformed XLF by -4.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
UTG
-4.0%
XLF
+4.4%

Since the filing became public, UTG outperformed XLF by -8.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 2 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: UTG
238 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 238 231 3.03%
13F Shares 123M 12M 903.1%
Total Value $493M $436M 13.08%
New Positions 30 30 -
Increased Positions 110 94 +16
Closed Positions 23 32 -9
Reduced Positions 46 51 -5
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) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

238 + investors

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

QUARTER:
Top 25 UTG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Oak Family Advisors, LLC 2.55% 230,396 $9.0M
2 Smith Asset Management Co., LLC 2.54% 75,380 $3.0M
3 JBR Co Financial Management Inc 2.18% 142,112 $5.2M
4 Gerald Baker Financial Group LLC 1.96% 156,483 $5.0M
5 Sterling Investment Advisors, Ltd. 1.37% 192,424 $7.6M
6 Aegis Wealth Management, Inc. 1.30% 41,958 $1.6M
7 Wright Wealth LLC 1.18% 44,805 $1.8M
8 Wealth Effects LLC 1.15% 82,866 $3.3M
9 PMG Family Office LLC 1.13% 25,712 $1.0M
10 Magnus Financial Group LLC 0.73% 230,239 $9.0M
11 LongView Wealth Management 0.71% 67,380 $2.8M
12 Future Financial Wealth Managment LLC 0.65% 24,202 $1.0M
13 Kercheville Advisors, LLC 0.60% 47,645 $1.9M
14 Merrion Investment Management Co, LLC 0.58% 27,500 $1.1M
15 EverSource Wealth Advisors, LLC 0.52% 519,585 $17.1M
16 Strategic Family Wealth Counselors, L.L.C. 0.51% 49,895 $2.0M
17 IFG Advisory, LLC 0.51% 4,568 $179K
18 Samalin Investment Counsel, LLC 0.50% 35,875 $1.4M
19 Hbw Advisory Services LLC 0.46% 110,909 $4.4M
20 Matrix Private Capital Group LLC 0.45% 23,952 $941K
21 Carnegie Lake Advisors LLC 0.41% 26,447 $1.0M
22 Mission Hills Financial Advisory, LLC 0.38% 19,029 $747K
23 Bey-Douglas LLC 0.35% 10,239 $402K
24 City Center Advisors, LLC 0.32% 8,873 $349K
25 Orca Investment Management, LLC 0.32% 9,500 $373K
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?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added UTG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for UTG?

More buyers than sellers — 67% buying: Last quarter: 140 funds were net buyers (30 opened a brand new position + 110 added to an existing one). Only 69 were sellers (46 trimmed + 23 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for UTG holders?

Elite ownership — 43% AUM from top-100 funds: 15 of 238 holders are among the 100 largest funds by AUM, controlling 43% 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?

50% of holders stayed for 2+ years: 118 out of 238 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.

Is it too late to buy Reaves Util Income Fd (UTG) following the 2026 Q1 hedge fund 13F filings?

As of today, UTG has moved -4.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.4% for the XLF sector ETF — an outperformance of -8.4%. Since the quarter end (March 31, 2026), UTG has gained +3.8% vs +8.0% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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