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REAVES UTIL INCOME FD
REAVES UTIL INCOME FD. Institutional holdings reported to the SEC.

Institutional Holders (2014Q1)
Portfolio Summary: 52 Institutional holders with a total value of $57,318,561.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 323,946 8,993,000 15.69%
2 CORNERSTONE ADVISORS INC 215,895 5,991,000 10.45%
3 BANK OF AMERICA CORP /DE/ 162,700 4,517,000 7.88%
4 Yakira Capital Management, Inc. 120,280 3,302,000 5.76%
5 WELLS FARGO & COMPANY/MN 114,548 3,179,000 5.55%
6 Advisors Asset Management, Inc. 109,678 3,044,000 5.31%
7 COHEN & STEERS, INC. 98,391 2,730,000 4.76%
8 Invesco Ltd. 93,856 2,605,000 4.54%
9 LPL Financial LLC 77,960 2,164,000 3.78%
10 Assured Investment Management LLC 74,488 2,067,000 3.61%
11 NATIONAL PLANNING CORP 72,932 2,029,000 3.54%
12 Hollow Brook Wealth Management LLC 69,521 1,930,000 3.37%
13 REAVES W H & CO INC 61,749 1,714,000 2.99%
14 UBS AG 59,009 1,638,000 2.86%
15 Cambridge Investment Research Advisors, Inc. 48,912 1,358,000 2.37%
16 Janney Montgomery Scott LLC 46,370 1,287,245 2.25%
17 ROYAL BANK OF CANADA 42,148 1,170,000 2.04%
18 CSS LLC/IL 34,016 944,000 1.65%
19 Commonwealth Equity Services, Inc 33,738 937,000 1.63%
20 RAYMOND JAMES & ASSOCIATES 23,321 647,000 1.13%
21 First Allied Advisory Services, Inc. 22,900 638,000 1.11%
22 STIFEL FINANCIAL CORP 22,680 630,000 1.10%
23 Creative Planning 17,567 488,000 0.85%
24 LUCAS CAPITAL MANAGEMENT 14,387 399,000 0.70%
25 Virtu KCG Holdings LLC 13,272 368,000 0.64%
26 CATAWBA CAPITAL MANAGEMENT /VA 13,240 368,000 0.64%
27 Focused Wealth Management, Inc 12,160 338,000 0.59%
28 FIRST TRUST ADVISORS LP 11,706 325,000 0.57%
29 LADENBURG THALMANN FINANCIAL SERVICES INC. 10,802 300,000 0.52%
30 BRADLEY FOSTER & SARGENT INC/CT 8,250 229,000 0.40%
31 KMS FINANCIAL SERVICES, INC 8,250 229,000 0.40%
32 Cordasco Financial Network 5,655 157,000 0.27%
33 MSI Financial Services Inc 4,019 112,000 0.20%
34 NEW ENGLAND SECURITIES CORP /MA/ 2,968 82,000 0.14%
35 BANK OF MONTREAL /CAN/ 2,460 68,000 0.12%
36 WFG Advisors, LP 2,100 58,000 0.10%
37 PNC FINANCIAL SERVICES GROUP, INC. 1,600 44,000 0.08%
38 ENVESTNET ASSET MANAGEMENT INC 1,285 36,000 0.06%
39 Oakworth Capital, Inc. 1,102 31,000 0.05%
40 SAN FRANCISCO SENTRY INVESTMENT GROUP (CA) 1,000 28,000 0.05%
41 FineMark National Bank & Trust 1,000 28,000 0.05%
42 AMERICAN INTERNATIONAL GROUP, INC. 847 23,512 0.04%
43 Carroll Financial Associates, Inc. 839 23,000 0.04%
44 CITIGROUP INC 603 17,000 0.03%
45 Highlander Capital Management, LLC 605 16,804 0.03%
46 GLENMEDE TRUST CO NA 502 13,000 0.02%
47 REILLY FINANCIAL ADVISORS, LLC 400 11,000 0.02%
48 US BANCORP \DE\ 200 6,000 0.01%
49 AMERIPRISE FINANCIAL INC 180 5,000 0.01%
50 Tower Research Capital LLC (TRC) 20 1,000 0.00%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.