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

Institutional Holders (2015Q3)
Portfolio Summary: 48 Institutional holders with a total value of $55,789,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 BANK OF AMERICA CORP /DE/ 378,492 10,632,000 19.06%
2 Hollow Brook Wealth Management LLC 284,593 7,994,000 14.33%
3 GUGGENHEIM CAPITAL LLC 261,269 7,340,000 13.16%
4 MORGAN STANLEY 255,154 7,167,000 12.85%
5 WELLS FARGO & COMPANY/MN 138,719 3,897,000 6.99%
6 REAVES W H & CO INC 79,738 2,240,000 4.02%
7 Advisors Asset Management, Inc. 65,279 1,834,000 3.29%
8 UBS Group AG 62,365 1,752,000 3.14%
9 LPL Financial LLC 56,921 1,651,000 2.96%
10 ROYAL BANK OF CANADA 47,630 1,338,000 2.40%
11 Commonwealth Equity Services, Inc 41,789 1,174,000 2.10%
12 NEVILLE RODIE & SHAW INC 30,000 843,000 1.51%
13 Cambridge Investment Research Advisors, Inc. 27,845 782,000 1.40%
14 STIFEL FINANCIAL CORP 22,403 629,000 1.13%
15 Creative Planning 21,078 592,000 1.06%
16 Janney Montgomery Scott LLC 18,540 521,000 0.93%
17 BAIRD FINANCIAL GROUP, INC. 18,124 509,000 0.91%
18 Yakira Capital Management, Inc. 16,846 473,000 0.85% SH
19 RAYMOND JAMES & ASSOCIATES 16,752 471,000 0.84%
20 Focused Wealth Management, Inc 15,797 444,000 0.80%
21 LUCAS CAPITAL MANAGEMENT 14,387 404,000 0.72%
22 Raymond James Financial Services Advisors, Inc. 14,163 398,000 0.71%
23 LADENBURG THALMANN FINANCIAL SERVICES INC. 13,152 369,000 0.66%
24 CATAWBA CAPITAL MANAGEMENT /VA 13,057 367,000 0.66%
25 TIEMANN INVESTMENT ADVISORS, LLC 10,889 306,000 0.55%
26 VSR Financial Services, Inc. 9,310 262,000 0.47%
27 Private Advisor Group, LLC 8,374 235,000 0.42%
28 MSI Financial Services Inc 6,652 187,000 0.34%
29 AMERICAN INTERNATIONAL GROUP, INC. 5,949 167,000 0.30%
30 INTEGRATED WEALTH MANAGEMENT 5,680 160,000 0.29%
31 CITIGROUP INC 5,055 142,000 0.25%
32 DEUTSCHE BANK AG\ 4,250 119,000 0.21%
33 PNC FINANCIAL SERVICES GROUP, INC. 2,408 67,000 0.12%
34 Evercore Wealth Management, LLC 2,000 56,000 0.10%
35 BENJAMIN F. EDWARDS & COMPANY, INC. 1,950 55,000 0.10%
36 Cordasco Financial Network 1,472 41,000 0.07%
37 WFG Advisors, LP 1,300 37,000 0.07%
38 Oakworth Capital, Inc. 1,102 31,000 0.06%
39 FIFTH THIRD BANCORP 802 23,000 0.04%
40 Highlander Capital Management, LLC 605 17,000 0.03%
41 Carroll Financial Associates, Inc. 559 16,000 0.03%
42 Transamerica Financial Advisors, LLC 500 15,000 0.03%
43 GLENMEDE TRUST CO NA 502 14,000 0.03%
44 Donald L. Hagan, LLC 267 8,000 0.01%
45 Brookstone Capital Management 200 6,000 0.01%
46 US BANCORP \DE\ 100 3,000 0.01%
47 BANK OF MONTREAL /CAN/ 50 1,000 0.00%
48 Tower Research Capital LLC (TRC) 10 0 0.00%

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.