— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

REAVES W H & CO INC

10 EXCHANGE PLACE, JERSEY CITY, NJ 07302 • 2123224596

Q2 2025 · Filed 2025-08-11
Market Value
$4.5B
+14.8%
Holdings
80
+2
New Purchases
2
Added To
25
Closed
4
Reduced
32
Top 10 Concentration
46.8%
Turnover
7.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VST 6.74% 4.44% +2.30% $304M
CMS 2.88% 0.69% +2.19% $130M
CEG 5.89% 3.72% +2.18% $266M
TLN 8.08% 6.16% +1.91% $364M
CNP 5.10% 4.04% +1.05% $230M
AEE 0.97% 0.00% +0.97% $44M
CCJ 2.56% 1.68% +0.88% $116M
MP 0.71% 0.00% +0.71% $32M
MPLX 0.77% 0.15% +0.62% $35M
LEU 0.85% 0.36% +0.49% $38M
CHTR 1.79% 1.31% +0.48% $81M
LNT 1.55% 1.07% +0.48% $70M
PWR 2.28% 1.82% +0.46% $103M
VRT 1.00% 0.58% +0.42% $45M
IDA 4.01% 3.69% +0.32% $181M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ATO 1.07% 2.59% -1.52% $48M
ETR 3.65% 5.06% -1.42% $164M
EIX 0.01% 1.16% -1.16% $340K
XOM 0.04% 1.05% -1.01% $2M
PPL 2.87% 3.80% -0.93% $129M
NI 3.33% 4.24% -0.91% $150M
TXNM 3.21% 4.12% -0.90% $145M
SRE 2.59% 3.44% -0.85% $117M
AEP 0.00% 0.77% -0.77% $0
PCG 0.67% 1.42% -0.74% $30M
PNW 2.95% 3.66% -0.71% $133M
EPD 2.47% 3.12% -0.65% $111M
TMUS 0.82% 1.45% -0.64% $37M
EQIX 2.80% 3.27% -0.47% $126M
AWK 0.48% 0.95% -0.47% $22M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Utilities 68.4%
Energy 13.4%
Real Estate 5.2%
Industrials 5.0%
Technology 4.0%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 12 $72M 1.6%
Large Cap 55 $4.0B 88.6%
Mid Cap 12 $401M 8.9%
Small Cap 1 $40M 0.9%

Portfolio Analytics

Avg Market Cap
$263.9B
Median Market Cap
$49.0B
Avg P/E
27.9
Median P/E
23.5
Avg Dividend Yield
0.03%
Avg Beta
0.80
# Stocks
78
# ETFs / Funds
2

Top Holdings (80 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TLN 8.08% 1,252,490 $364M $290.77 $122M +39,483 +3.2%
2 VST 6.74% 1,568,259 $304M $193.81 $130M +83,915 +5.7%
3 CEG 5.89% 823,328 $266M $322.76 $120M +99,267 +13.7%
4 CNP 5.10% 6,257,356 $230M $36.74 $71M +1,871,724 +42.7%
5 IDA 4.01% 1,566,844 $181M $115.45 $36M +318,919 +25.6%
6 XEL 3.80% 2,516,325 $171M $68.10 $9M +215,766 +9.4%
7 ETR 3.65% 1,977,778 $164M $83.12 -$35M -349,077 -15.0%
8 NI 3.33% 3,721,899 $150M $40.34 -$16M -431,571 -10.4%
9 TXNM 3.21% 2,571,680 $145M $56.32 -$17M -451,466 -14.9%
10 PEG 2.96% 1,583,744 $133M $84.18 $25M +271,452 +20.7%
11 PNW 2.95% 1,487,921 $133M $89.47 -$11M -21,590 -1.4%
12 CMS 2.88% 1,872,542 $130M $69.28 $103M +1,511,164 +418.2%
13 PPL 2.87% 3,820,760 $129M $33.89 -$20M -319,225 -7.7%
14 EQIX 2.80% 158,766 $126M $795.47 -$2M +1,112 +0.7%
15 SRE 2.59% 1,542,749 $117M $75.77 -$18M -351,908 -18.6%
16 CCJ 2.56% 1,556,452 $116M $74.23 $50M -46,251 -2.9%
17 EPD 2.47% 3,593,940 $111M $31.01 -$11M
18 PWR 2.28% 271,847 $103M $378.08 $31M -9,738 -3.5%
19 SBAC 2.25% 432,648 $102M $234.84 $12M +25,496 +6.3%
20 CHTR 1.79% 197,021 $81M $408.81 $29M +57,868 +41.6%
21 DTM 1.70% 698,447 $77M $109.91 $4M -57,086 -7.6%
22 DTE 1.65% 560,748 $74M $132.46 -$9M -39,097 -6.5%
23 LNT 1.55% 1,152,677 $70M $60.47 $28M +500,633 +76.8%
24 UNP 1.53% 300,637 $69M $230.08 -$2M -1,705 -0.6%
25 CMCSA 1.47% 1,858,600 $66M $35.69 -$7M -134,099 -6.7%
26 NEE 1.38% 894,026 $62M $69.42 -$9M -114,998 -11.4%
27 NSC 1.24% 219,300 $56M $255.97 $4M
28 OGE 1.22% 1,242,285 $55M $44.38 -$922K +22,654 +1.9%
29 ATO 1.07% 313,020 $48M $154.11 -$53M -345,115 -52.4%
30 OKE 1.06% 584,398 $48M $81.63 $13M +238,159 +68.8%
31 WMB 1.04% 747,772 $47M $62.81 $7M +74,650 +11.1%
32 VRT 1.00% 349,795 $45M $128.41 $22M +35,000 +11.1%
33 AEE 0.97% 453,820 $44M $96.04 +453,820 NEW
34 AMT 0.95% 193,037 $43M $221.02 $660K
35 CCOI 0.88% 819,953 $40M $48.21 -$10M +11,892 +1.5%
36 LEU 0.85% 208,935 $38M $183.18 $24M -19,761 -8.6%
37 TMUS 0.82% 154,297 $37M $238.26 -$20M -59,652 -27.9%
38 MPLX 0.77% 670,500 $35M $51.51 $29M +560,500 +509.6%
39 MP 0.71% 965,000 $32M $33.27 +965,000 NEW
40 PCG 0.67% 2,179,421 $30M $13.94 -$25M -1,059,000 -32.7%
41 DY 0.66% 121,665 $30M $244.39 $8M -19,443 -13.8%
42 FYBR 0.57% 707,564 $26M $36.40 $335K -1,308 -0.2%
43 MPC 0.55% 150,000 $25M $166.11 $3M
44 AWK 0.48% 156,145 $22M $139.11 -$16M -96,619 -38.2%
45 NRG 0.47% 132,597 $21M $160.58 $15M +65,364 +97.2%
46 EQT 0.42% 328,502 $19M $58.32 $13M +215,884 +191.7%
47 DLR 0.29% 74,740 $13M $174.33 $7M +34,150 +84.1%
48 ODFL 0.27% 74,205 $12M $162.30 $5M +33,435 +82.0%
49 GEV 0.23% 20,000 $11M $529.15 $4M
50 LIN 0.22% 21,283 $10M $469.18 $169K +202 +1.0%
51 BRK-B 0.20% 18,328 $9M $485.77 -$858K
52 JCI 0.12% 50,532 $5M $105.62 $1M +549 +1.1%
53 T 0.12% 180,855 $5M $28.94 -$3M -112,913 -38.4%
54 CPK 0.08% 30,000 $4M $120.22 -$246K
55 UTG 0.07% 88,623 $3M $36.18 $369K +1,431 +1.6%
56 CNI 0.07% 29,208 $3M $104.04 $142K -515 -1.7%
57 LAMR 0.07% 25,000 $3M $121.36 $190K
58 SO 0.06% 30,048 $3M $91.83 -$404K -4,350 -12.7%
59 XOM 0.04% 17,910 $2M $107.80 -$39M -328,980 -94.8%
60 CVX 0.04% 11,115 $2M $143.19 -$277K -55 -0.5%
61 SCE-PJ 0.03% 63,125 $1M $22.78 $23K
62 DTEGY 0.03% 37,859 $1M $36.35 -$47K -645 -1.7%
63 AAPL 0.02% 4,800 $985K $205.17 -$81K
64 DUK 0.02% 8,164 $963K $118.00 -$49K -140 -1.7%
65 PM 0.02% 5,000 $911K $182.13 $117K
66 MDU 0.02% 50,000 $834K $16.67 -$12K
67 ECG 0.02% 12,500 $794K $63.53 $330K
68 PLD 0.02% 7,356 $773K $105.12 -$49K
69 EXC 0.02% 16,840 $731K $43.42 -$91K -1,000 -5.6%
70 NJR 0.01% 15,020 $673K $44.82 -$2M -32,066 -68.1%
71 PPG 0.01% 5,000 $569K $113.75 $22K
72 JNJ 0.01% 3,280 $501K $152.75 -$43K
73 MO 0.01% 8,000 $469K $58.63 -$11K
74 EIX 0.01% 6,590 $340K $51.60 -$45M -769,232 -99.2%
75 NWN 0.01% 5,909 $235K $39.72 -$874K -20,035 -77.2%
76 VZ —% 4,665 $202K $43.27 -$13M -280,000 -98.4%
77 AEP —% -$30M -275,730 -100.0% SOLD
78 USM —% -$519K -7,500 -100.0% SOLD
79 GOOGL —% -$2M -11,910 -100.0% SOLD
80 GOOG —% -$1M -6,630 -100.0% SOLD

New Positions

SymbolValue% Port
AEE $44M 0.97%
MP $32M 0.71%

Sold Out Positions

SymbolValue% Port
AEP —%
GOOGL —%
GOOG —%
USM —%
View SEC EDGAR Filings for REAVES W H & CO INC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms