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

Institutional Holders (2015Q4)
Portfolio Summary: 66 Institutional holders with a total value of $122,309,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 SIT INVESTMENT ASSOCIATES INC 1,095,693 28,455,000 23.26%
2 MORGAN STANLEY 393,303 10,214,000 8.35%
3 Yakira Capital Management, Inc. 382,623 9,937,000 8.12% SH
4 BANK OF AMERICA CORP /DE/ 361,154 9,379,000 7.67%
5 Hollow Brook Wealth Management LLC 263,801 6,851,000 5.60%
6 GUGGENHEIM CAPITAL LLC 262,349 6,814,000 5.57%
7 WELLS FARGO & COMPANY/MN 192,023 4,987,000 4.08%
8 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 160,948 4,165,000 3.41%
9 LPL Financial LLC 145,561 3,818,000 3.12%
10 STIFEL FINANCIAL CORP 21,476 3,404,000 2.78%
11 LADENBURG THALMANN FINANCIAL SERVICES INC. 109,932 2,855,000 2.33%
12 REAVES W H & CO INC 108,162 2,809,000 2.30%
13 GRAYBILL WEALTH MANAGEMENT, LTD. 98,350 2,554,000 2.09%
14 MARINER INVESTMENT GROUP LLC 78,787 2,046,000 1.67%
15 JANUS HENDERSON INVESTORS US LLC 67,850 1,762,000 1.44%
16 SG Americas Securities, LLC 60,918 1,582,000 1.29%
17 Advisors Asset Management, Inc. 59,740 1,551,000 1.27%
18 Gator Capital Management, LLC 59,616 1,548,000 1.27%
19 UBS Group AG 58,339 1,515,000 1.24%
20 ROYAL BANK OF CANADA 54,388 1,412,000 1.15%
21 CORNERSTONE ADVISORS INC 52,400 1,361,000 1.11%
22 Commonwealth Equity Services, Inc 39,954 1,038,000 0.85%
23 Raymond James Financial Services Advisors, Inc. 37,801 982,000 0.80%
24 Sterling Capital Management LLC 33,879 880,000 0.72%
25 NEVILLE RODIE & SHAW INC 30,000 779,000 0.64%
26 MARSHALL WACE, LLP 29,753 773,000 0.63%
27 Cambridge Investment Research Advisors, Inc. 27,891 724,000 0.59%
28 Virtu KCG Holdings LLC 27,728 720,000 0.59%
29 Creative Planning 23,078 599,000 0.49%
30 Janney Montgomery Scott LLC 22,613 587,000 0.48%
31 TIEMANN INVESTMENT ADVISORS, LLC 18,409 478,000 0.39%
32 BAIRD FINANCIAL GROUP, INC. 18,124 471,000 0.39%
33 RAYMOND JAMES & ASSOCIATES 17,878 464,000 0.38%
34 Squarepoint Ops LLC 17,600 457,000 0.37%
35 Focused Wealth Management, Inc 16,411 426,000 0.35%
36 NATIONAL PLANNING CORP 15,149 421,000 0.34%
37 Ancora Advisors LLC 16,000 416,000 0.34%
38 LUCAS CAPITAL MANAGEMENT 14,387 374,000 0.31%
39 CATAWBA CAPITAL MANAGEMENT /VA 12,637 328,000 0.27%
40 TOCQUEVILLE ASSET MANAGEMENT L.P. 12,500 325,000 0.27%
41 CITIGROUP INC 11,006 285,000 0.23%
42 Private Advisor Group, LLC 8,400 218,000 0.18%
43 VSR Financial Services, Inc. 8,373 217,000 0.18%
44 MSI Financial Services Inc 7,913 205,000 0.17%
45 AMERICAN INTERNATIONAL GROUP, INC. 7,146 185,000 0.15%
46 INTEGRATED WEALTH MANAGEMENT 5,680 148,000 0.12%
47 DEUTSCHE BANK AG\ 4,800 124,000 0.10%
48 PROFICIO CAPITAL PARTNERS LLC 3,875 101,000 0.08%
49 LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 2,500 65,000 0.05%
50 PNC FINANCIAL SERVICES GROUP, INC. 2,408 63,000 0.05%
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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.