Q3 2025 · 13F-HR
REAVES W H & CO INCholdings as filed
Filed 2025-11-06 · accession 0000740913-25-000012
$5.61B
Reported value
83
Positions
2025-09-30
Period end
The Brief · REAVES W H & CO INC · Q3 2025
AI · grounded in 13F
REAVES W H & CO INC established a new position in Talen Energy Corp TLN valued at $600M. The fund also initiated new stakes in Vistra Corp. VST for $375.9M and Constellation Energy Corp CEG for $334.1M. Additional new positions include CenterPoint Energy Inc CNP at $280.1M and Xcel Energy Inc Com XEL at $255.2M. Total assets under management stand at $5.6B across 83 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 87422Q109 | TLN | TALEN ENERGY CORP | $600.0M | 10.7% | 1,410,537 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP. | $375.9M | 6.70% | 1,918,529 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $334.1M | 5.95% | 1,015,379 | Common | SOLE |
| 15189T107 | CNP | CENTERPOINT ENERGY INC | $280.1M | 4.99% | 7,220,266 | Common | SOLE |
| 98389B100 | XEL | XCEL ENERGY INC COM | $255.2M | 4.55% | 3,164,159 | Common | SOLE |
| 451107106 | IDA | IDACORP INC COM | $224.7M | 4.00% | 1,700,680 | Common | SOLE |
| 65473P105 | NI | NISOURCE INC COM | $216.9M | 3.86% | 5,009,644 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW COM | $213.3M | 3.80% | 2,288,367 | Common | SOLE |
| 553368101 | MP | MP MATLS CORP | $173.7M | 3.09% | 2,589,908 | Common | SOLE |
| 723484101 | PNW | PINNACLE WEST CAP CORP COM | $161.8M | 2.88% | 1,804,114 | Common | SOLE |
| 69351T106 | PPL | PPL CORP COM | $161.1M | 2.87% | 4,336,283 | Common | SOLE |
| 744573106 | PEG | PUBLIC SVC ENTERPRISE GROUP IN | $159.1M | 2.83% | 1,906,496 | Common | SOLE |
| 125896100 | CMS | CMS ENERGY CORP COM | $157.4M | 2.80% | 2,149,018 | Common | SOLE |
| 69349H107 | TXNM | TXNM ENERGY INC | $144.3M | 2.57% | 2,551,398 | Common | SOLE |
| 816851109 | SRE | SEMPRA | $143.6M | 2.56% | 1,595,828 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC COM NEW | $124.2M | 2.21% | 158,626 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP COM | $122.1M | 2.17% | 1,455,779 | Common | SOLE |
| 018802108 | LNT | ALLIANT ENERGY CORP COM | $119.9M | 2.14% | 1,779,087 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC COM | $112.3M | 2.00% | 270,962 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODUCTS PARTNERS L | $109.3M | 1.95% | 3,493,940 | Common | SOLE |
| 023608102 | AEE | AMEREN CORP COM | $100.6M | 1.79% | 964,012 | Common | SOLE |
| 233331107 | DTE | DTE ENERGY CO COM | $83.0M | 1.48% | 586,694 | Common | SOLE |
| 23345M107 | DTM | DT MIDSTREAM INC | $78.9M | 1.40% | 697,426 | Common | SOLE |
| 78410G104 | SBAC | SBA COMMUNICATIONS COR CL A | $78.7M | 1.40% | 406,844 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC COM | $69.0M | 1.23% | 1,089,227 | Common | SOLE |
| 15643U104 | LEU | CENTRUS ENERGY CORP CL A | $64.7M | 1.15% | 208,789 | Common | SOLE |
| 670837103 | OGE | OGE ENERGY CORP COM | $61.8M | 1.10% | 1,335,747 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP CLASS A | $58.4M | 1.04% | 1,858,600 | Common | SOLE |
| 26884L109 | EQT | EQT CORP COM | $56.0M | 1.00% | 1,029,234 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHERN CORP COM | $49.2M | 0.88% | 163,700 | Common | SOLE |
| 629377508 | NRG | NRG ENERGY INC COM | $47.9M | 0.85% | 295,471 | Common | SOLE |
| 16119P108 | CHTR | CHARTER COMMUNICATIONS INC | $47.0M | 0.84% | 170,920 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC COM | $44.8M | 0.80% | 593,761 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP COM | $44.6M | 0.79% | 188,538 | Common | SOLE |
| 682680103 | OKE | ONEOK INC NEW COM | $42.6M | 0.76% | 584,123 | Common | SOLE |
| 267475101 | DY | DYCOM INDS INC COM | $41.8M | 0.75% | 143,428 | Common | SOLE |
| 219350105 | GLW | CORNING INC COM | $41.4M | 0.74% | 504,522 | Common | SOLE |
| 030420103 | AWK | AMERICAN WATER WORKS | $39.1M | 0.70% | 281,145 | Common | SOLE |
| 872590104 | TMUS | T-MOBILE US INC COM | $36.3M | 0.65% | 151,752 | Common | SOLE |
| 55336V100 | MPLX | MPLX LP COM UNIT REP LTD | $33.5M | 0.60% | 670,500 | Common | SOLE |
| 22822V101 | CCI | CROWN CASTLE INC | $31.7M | 0.56% | 328,217 | Common | SOLE |
| 92939U106 | WEC | WEC ENERGY GROUP INC COM | $27.0M | 0.48% | 236,000 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $23.3M | 0.41% | 154,145 | Common | SOLE |
| 35909D109 | FYBR | FRONTIER COMMUNICATIONS PARENT | $22.1M | 0.39% | 592,148 | Common | SOLE |
| 56585A102 | MPC | MARATHON PETROLEUM CORP | $19.3M | 0.34% | 100,000 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER REIT COM | $18.9M | 0.34% | 98,037 | Common | SOLE |
| 049560105 | ATO | ATMOS ENERGY CORP COM | $18.0M | 0.32% | 105,186 | Common | SOLE |
| 19239V302 | CCOI | COGENT COMMUNICATIONS HLDGS CO | $16.2M | 0.29% | 423,098 | Common | SOLE |
| 913259107 | UTL | UNITIL CORP | $13.2M | 0.23% | 275,000 | Common | SOLE |
| 253868103 | DLR | DIGITAL REALTY TR | $12.9M | 0.23% | 74,733 | Common | SOLE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW COM NEW | $12.3M | 0.22% | 99,459 | Common | SOLE |
| 940923105 | WBI | WATERBRIDGE INFRASTRUCTURE LLC | $11.3M | 0.20% | 450,000 | Common | SOLE |
| G54950103 | LIN | LINDE PLC SH | $10.1M | 0.18% | 21,239 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $9.2M | 0.16% | 15,000 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC CLASS B | $8.9M | 0.16% | 17,751 | Common | NONE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC SHS | $5.6M | 0.10% | 50,698 | Common | SOLE |
| 126408103 | CSX | CSX CORP COM | $5.3M | 0.09% | 150,000 | Common | SOLE |
| 00206R102 | T | AT & T INC. (NEW) | $5.1M | 0.09% | 180,652 | Common | SOLE |
| 165303108 | CPK | CHESAPEAKE UTILS CORP | $4.0M | 0.07% | 30,000 | Common | SOLE |
| 756158101 | UTG | REAVES UTIL INCOME FD COM SH B | $3.3M | 0.06% | 82,060 | Common | NONE |
| 512816109 | LAMR | LAMAR ADVERTISING CO | $3.1M | 0.05% | 25,000 | Common | SOLE |
| 842587107 | SO | SOUTHERN CO COM | $2.8M | 0.05% | 30,048 | Common | NONE |
| 136375102 | CNI | CANADIAN NATL RY CO COM | $2.7M | 0.05% | 28,796 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $2.0M | 0.04% | 17,910 | Common | NONE |
| 166764100 | CVX | CHEVRON CORPORATION COM | $1.7M | 0.03% | 11,115 | Common | SOLE |
| 69331C108 | PCG | PG&E CORP COM | $1.6M | 0.03% | 106,570 | Common | SOLE |
| 78409G206 | EIX | SCE TRUST IV 5.375 PFD | $1.5M | 0.03% | 63,125 | Common | SOLE |
| 251566105 | DTEGY | DEUTSCHE TELEKOM AG | $1.3M | 0.02% | 37,859 | Common | SOLE |
| 037833100 | AAPL | APPLE INC COM | $1.2M | 0.02% | 4,800 | Common | NONE |
| 679580100 | ODFL | OLD DOMINION FREIGHT LINE | $1.2M | 0.02% | 8,200 | Common | SOLE |
| 53681J103 | LAC | LITHIUM AMERICAS CORP | $1.1M | 0.02% | 200,000 | Common | SOLE |
| 300426103 | ECG | EVERUS CONSTRUCTION GROUP INC | $1.1M | 0.02% | 12,500 | Common | SOLE |
| 74340W103 | PLD | PROLOGIS INC COM | $842,409 | 0.02% | 7,356 | Common | SOLE |
| 718172109 | PM | PHILLIP MORRIS INTERNATIONAL | $811,000 | 0.01% | 5,000 | Common | NONE |
| 30034W106 | EVRG | EVERGY INC COM | $754,422 | 0.01% | 9,924 | Common | SOLE |
| 30161N101 | EXC | EXELON CORP COM | $736,589 | 0.01% | 16,365 | Common | NONE |
| 646025106 | NJR | NEW JERSEY RES COM | $723,213 | 0.01% | 15,020 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY L | $696,035 | 0.01% | 9,344 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON COM | $607,807 | 0.01% | 3,278 | Common | SOLE |
| 02209S103 | MO | ALTRIA GROUP INC. | $528,480 | 0.01% | 8,000 | Common | NONE |
| 693506107 | PPG | PPG INDS INC COM | $525,550 | 0.01% | 5,000 | Common | NONE |
| 281020107 | EIX | EDISON INTL COM | $360,426 | 0.01% | 6,520 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS COM | $205,027 | 0.00% | 4,665 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.