Reaves Utility Income Fund Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:074 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
25 Mar 24	Buy€46,154	JoEllen Legg	Individual		1,890	€24.42
23 Oct 23	Sell€337,987	Thomas Grimes	Individual		15,222.74	€22.20

Insider Trading Volume

Insider Buying: 074 insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 74?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	60	0.0000759%
Individual Insiders	20,547	0.026%
Institutions	8,050,769	10.2%
General Public	70,966,102	89.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.3%.

Top Shareholders

Top 25 shareholders own 7.41% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
0.93%	Morgan Stanley, Investment Banking and Brokerage Investments	737,906	€19.4m	1.54%	no data
0.85%	Merrill Lynch & Co. Inc., Banking Investments	668,929	€17.6m	-6.6%	0.01%
0.65%	Wells Fargo & Company, Securities and Brokerage Investments	517,226	€13.6m	9.28%	no data
0.43%	LPL Financial Corporation, Asset Management Arm	337,734	€8.9m	15.1%	0.01%
0.42%	Royal Bank of Canada, Banking & Securities Investments	328,959	€8.7m	9.41%	no data
0.36%	Raymond James Financial Inc., Asset Management Arm	280,809	€7.4m	-1.1%	0.01%
0.35%	Columbia Management Investment Advisers, LLC	278,631	€7.3m	7.83%	no data
0.34%	Jonathan Roberts Advisory Group, Inc.	266,519	€7.0m	9.83%	0.37%
0.28%	Arbor Point Advisors, LLC	221,563	€5.8m	4.77%	0.14%
0.27%	Wilcoxson Wealth Management	213,631	€5.6m	0.22%	0.01%
0.26%	Private Advisor Group, LLC	203,515	€5.4m	0.67%	0.04%
0.23%	Guggenheim Partners, LLC	181,965	€4.8m	-6.18%	0.07%
0.21%	HBW Advisory Services LLC	167,701	€4.4m	0%	0.78%
0.21%	Stifel Asset Management Corp.	163,068	€4.3m	-1.11%	0.01%
0.2%	Sterling Investment Advisors, Ltd.	156,776	€4.1m	27.4%	1.22%
0.2%	UBS Asset Management AG	155,358	€4.1m	2.69%	no data
0.18%	Cetera Investment Advisers LLC	142,410	€3.8m	217%	0.01%
0.17%	Lido Advisors, LLC	135,273	€3.6m	24.7%	0.03%
0.16%	Magnus Financial Group LLC	125,533	€3.3m	18.3%	0.42%
0.14%	JBR Co. Financial Management Inc.	113,329	€3.0m	-3.52%	2.35%
0.13%	NewEdge Advisors, LLC	100,209	€2.6m	216%	0.02%
0.12%	Osaic Wealth, Inc. , Asset Management Arm	92,475	€2.4m	60.9%	0.01%
0.12%	Raymond James Financial Services Advisors, Inc.	90,965	€2.4m	-19%	no data
0.11%	Cambridge Investment Research Advisors, Inc.	88,000	€2.3m	3.39%	0.01%
0.11%	W. H. Reaves & Co., Inc.	86,033	€2.3m	-6.03%	0.08%