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

Institutional Holders (2016Q1)
Portfolio Summary: 68 Institutional holders with a total value of $104,660,722.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 393,355 11,793,000 11.27%
2 BANK OF AMERICA CORP /DE/ 370,626 11,111,000 10.62%
3 Hollow Brook Wealth Management LLC 278,721 8,356,000 7.98%
4 SIT INVESTMENT ASSOCIATES INC 247,494 7,420,000 7.09%
5 GUGGENHEIM CAPITAL LLC 241,066 7,227,000 6.91%
6 WELLS FARGO & COMPANY/MN 212,971 6,385,000 6.10%
7 BANK OF NOVA SCOTIA 161,125 4,830,000 4.61%
8 LPL Financial LLC 160,682 4,692,000 4.48%
9 Yakira Capital Management, Inc. 138,019 4,138,000 3.95% SH
10 LADENBURG THALMANN FINANCIAL SERVICES INC. 118,525 3,554,000 3.40%
11 Raymond James Financial Services Advisors, Inc. 112,934 3,386,000 3.24%
12 GRAYBILL WEALTH MANAGEMENT, LTD. 98,485 2,953,000 2.82%
13 REAVES W H & CO INC 97,037 2,909,000 2.78%
14 JANUS HENDERSON INVESTORS US LLC 93,250 2,796,000 2.67%
15 UBS Group AG 71,303 2,138,000 2.04%
16 ROYAL BANK OF CANADA 61,573 1,846,000 1.76%
17 Advisors Asset Management, Inc. 54,942 1,647,000 1.57%
18 Commonwealth Equity Services, Inc 53,695 1,610,000 1.54%
19 CITIGROUP INC 41,446 1,242,000 1.19%
20 RAYMOND JAMES & ASSOCIATES 40,904 1,226,000 1.17%
21 STIFEL FINANCIAL CORP 32,736 978,000 0.93%
22 Sterling Capital Management LLC 32,200 965,000 0.92%
23 NEVILLE RODIE & SHAW INC 30,000 899,000 0.86%
24 DOLIVER ADVISORS, LP 27,017 810,000 0.77%
25 Lebenthal Holdings,LLC 26,980 809,000 0.77%
26 Cambridge Investment Research Advisors, Inc. 26,305 789,000 0.75%
27 Creative Planning 24,943 748,000 0.71%
28 Janney Montgomery Scott LLC 22,788 683,000 0.65%
29 BAIRD FINANCIAL GROUP, INC. 21,971 659,000 0.63%
30 TIEMANN INVESTMENT ADVISORS, LLC 18,432 553,000 0.53%
31 Focused Wealth Management, Inc 18,292 548,000 0.52%
32 SNOWDEN CAPITAL ADVISORS LLC 16,902 506,722 0.48%
33 Virtu KCG Holdings LLC 15,702 471,000 0.45%
34 LUCAS CAPITAL MANAGEMENT 14,387 431,000 0.41%
35 CATAWBA CAPITAL MANAGEMENT /VA 12,637 379,000 0.36%
36 AMERICAN INTERNATIONAL GROUP, INC. 11,546 346,000 0.33%
37 Private Advisor Group, LLC 8,938 268,000 0.26%
38 J.P. Morgan Private Wealth Advisors LLC 8,493 255,000 0.24%
39 VSR Financial Services, Inc. 7,888 236,000 0.23%
40 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 7,000 210,000 0.20%
41 MSI Financial Services Inc 6,938 208,000 0.20%
42 Hodges Capital Management Inc. 6,700 201,000 0.19%
43 INTEGRATED WEALTH MANAGEMENT 5,680 170,000 0.16%
44 PROFICIO CAPITAL PARTNERS LLC 5,075 152,000 0.15%
45 MONETARY MANAGEMENT GROUP INC 5,000 150,000 0.14%
46 DEUTSCHE BANK AG\ 4,800 143,000 0.14%
47 ENVESTNET ASSET MANAGEMENT INC 3,501 105,000 0.10%
48 LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 2,500 75,000 0.07%
49 PNC FINANCIAL SERVICES GROUP, INC. 2,408 72,000 0.07%
50 LBA Wealth Management, LLC 2,000 60,000 0.06%
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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.