13F HOLDINGS REPORT
REAVES W H & CO INC
Quarter ended Q3 2025 · Filed November 6, 2025 · Accession 0000740913-25-000012
Total Value
$5.61B
Positions
103
Other Managers
1
Confidential Omitted
No
Holdings (103)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TALEN ENERGY CORP | TLN | 1,056,610 | $449.5M | 8.01% |
| 2 | VISTRA CORP. | VST | 1,151,740 | $225.6M | 4.02% |
| 3 | CONSTELLATION ENERGY CORP | CEG | 636,506 | $209.5M | 3.73% |
| 4 | CENTERPOINT ENERGY INC | CNP | 5,293,504 | $205.4M | 3.66% |
| 5 | IDACORP INC COM | IDA | 1,357,108 | $179.3M | 3.19% |
| 6 | XCEL ENERGY INC COM | XELLL | 2,216,917 | $178.8M | 3.18% |
| 7 | MP MATLS CORP | MP | 2,589,908 | $173.7M | 3.09% |
| 8 | NISOURCE INC COM | NI | 3,679,730 | $159.3M | 2.84% |
| 9 | ENTERGY CORP NEW COM | ENO | 1,668,094 | $155.4M | 2.77% |
| 10 | TALEN ENERGY CORP | TLN | 353,927 | $150.6M | 2.68% |
| 11 | VISTRA CORP. | VST | 766,789 | $150.2M | 2.68% |
| 12 | TXNM ENERGY INC | TXNM | 2,551,398 | $144.3M | 2.57% |
| 13 | CONSTELLATION ENERGY CORP | CEG | 378,873 | $124.7M | 2.22% |
| 14 | EQUINIX INC COM NEW | EQIX | 158,626 | $124.2M | 2.21% |
| 15 | CAMECO CORP COM | CCJ | 1,455,779 | $122.1M | 2.17% |
| 16 | SEMPRA | SREA | 1,258,541 | $113.2M | 2.02% |
| 17 | CMS ENERGY CORP COM | CMS-PC | 1,542,671 | $113.0M | 2.01% |
| 18 | PINNACLE WEST CAP CORP COM | PNW | 1,260,205 | $113.0M | 2.01% |
| 19 | QUANTA SVCS INC COM | 74762E102 | 270,962 | $112.3M | 2.00% |
| 20 | PPL CORP COM | PPLC | 2,995,151 | $111.3M | 1.98% |
| 21 | ENTERPRISE PRODUCTS PARTNERS L | 293792107 | 3,493,940 | $109.3M | 1.95% |
| 22 | PUBLIC SVC ENTERPRISE GROUP IN | 744573106 | 1,245,777 | $104.0M | 1.85% |
| 23 | DT MIDSTREAM INC | DTM | 697,426 | $78.9M | 1.40% |
| 24 | SBA COMMUNICATIONS COR CL A | SBAC | 406,844 | $78.7M | 1.40% |
| 25 | XCEL ENERGY INC COM | XELLL | 947,242 | $76.4M | 1.36% |
| 26 | CENTERPOINT ENERGY INC | CNP | 1,926,762 | $74.8M | 1.33% |
| 27 | ALLIANT ENERGY CORP COM | LNT | 1,082,257 | $73.0M | 1.30% |
| 28 | WILLIAMS COS INC COM | 969457100 | 1,089,227 | $69.0M | 1.23% |
| 29 | CENTRUS ENERGY CORP CL A | LEU | 208,789 | $64.7M | 1.15% |
| 30 | AMEREN CORP COM | AEE | 577,846 | $60.3M | 1.07% |
| 31 | DTE ENERGY CO COM | DTK | 417,526 | $59.1M | 1.05% |
| 32 | COMCAST CORP CLASS A | CCZ | 1,858,600 | $58.4M | 1.04% |
| 33 | ENTERGY CORP NEW COM | ENO | 620,273 | $57.8M | 1.03% |
| 34 | NISOURCE INC COM | NI | 1,329,914 | $57.6M | 1.03% |
| 35 | EQT CORP COM | EQT | 1,029,234 | $56.0M | 1.00% |
| 36 | PUBLIC SVC ENTERPRISE GROUP IN | 744573106 | 660,719 | $55.1M | 0.98% |
| 37 | OGE ENERGY CORP COM | OGE | 1,131,057 | $52.3M | 0.93% |
| 38 | PPL CORP COM | PPLC | 1,341,132 | $49.8M | 0.89% |
| 39 | NORFOLK SOUTHERN CORP COM | 655844108 | 163,700 | $49.2M | 0.88% |
| 40 | PINNACLE WEST CAP CORP COM | PNW | 543,909 | $48.8M | 0.87% |
| 41 | CHARTER COMMUNICATIONS INC | 16119P108 | 170,920 | $47.0M | 0.84% |
| 42 | ALLIANT ENERGY CORP COM | LNT | 696,830 | $47.0M | 0.84% |
| 43 | IDACORP INC COM | IDA | 343,572 | $45.4M | 0.81% |
| 44 | UNION PAC CORP COM | UNP | 188,538 | $44.6M | 0.79% |
| 45 | CMS ENERGY CORP COM | CMS-PC | 606,347 | $44.4M | 0.79% |
| 46 | ONEOK INC NEW COM | OKE | 584,123 | $42.6M | 0.76% |
| 47 | NRG ENERGY INC COM | NRG | 260,728 | $42.2M | 0.75% |
| 48 | DYCOM INDS INC COM | 267475101 | 143,428 | $41.8M | 0.75% |
| 49 | CORNING INC COM | GLW | 504,522 | $41.4M | 0.74% |
| 50 | AMEREN CORP COM | AEE | 386,166 | $40.3M | 0.72% |
| 51 | AMERICAN WATER WORKS | 030420103 | 281,145 | $39.1M | 0.70% |
| 52 | T-MOBILE US INC COM | TMUSZ | 151,752 | $36.3M | 0.65% |
| 53 | NEXTERA ENERGY INC COM | NEE-PW | 473,887 | $35.8M | 0.64% |
| 54 | MPLX LP COM UNIT REP LTD | MPLXP | 670,500 | $33.5M | 0.60% |
| 55 | CROWN CASTLE INC | CCI | 328,217 | $31.7M | 0.56% |
| 56 | SEMPRA | SREA | 337,287 | $30.3M | 0.54% |
| 57 | WEC ENERGY GROUP INC COM | WEC | 236,000 | $27.0M | 0.48% |
| 58 | DTE ENERGY CO COM | DTK | 169,168 | $23.9M | 0.43% |
| 59 | VERTIV HOLDINGS CO | VRT | 154,145 | $23.3M | 0.41% |
| 60 | FRONTIER COMMUNICATIONS PARENT | 35909D109 | 592,148 | $22.1M | 0.39% |
| 61 | MARATHON PETROLEUM CORP | MARA | 100,000 | $19.3M | 0.34% |
| 62 | AMERICAN TOWER REIT COM | 03027X100 | 98,037 | $18.9M | 0.34% |
| 63 | ATMOS ENERGY CORP COM | ATO | 105,186 | $18.0M | 0.32% |
| 64 | COGENT COMMUNICATIONS HLDGS CO | CCOI | 423,098 | $16.2M | 0.29% |
| 65 | UNITIL CORP | UTL | 275,000 | $13.2M | 0.23% |
| 66 | DIGITAL REALTY TR | 253868103 | 74,733 | $12.9M | 0.23% |
| 67 | WATERBRIDGE INFRASTRUCTURE LLC | WBI | 450,000 | $11.3M | 0.20% |
| 68 | DUKE ENERGY CORP NEW COM NEW | DUKB | 91,295 | $11.3M | 0.20% |
| 69 | LINDE PLC SH | LIN | 21,239 | $10.1M | 0.18% |
| 70 | OGE ENERGY CORP COM | OGE | 204,690 | $9.5M | 0.17% |
| 71 | GE VERNOVA INC | GEV | 15,000 | $9.2M | 0.16% |
| 72 | NEXTERA ENERGY INC COM | NEE-PW | 119,874 | $9.0M | 0.16% |
| 73 | BERKSHIRE HATHAWAY INC CLASS B | BRK-A | 17,751 | $8.9M | 0.16% |
| 74 | NRG ENERGY INC COM | NRG | 34,743 | $5.6M | 0.10% |
| 75 | JOHNSON CTLS INTL PLC SHS | G51502105 | 50,698 | $5.6M | 0.10% |
| 76 | CSX CORP COM | CSX | 150,000 | $5.3M | 0.09% |
| 77 | AT & T INC. (NEW) | T-PC | 180,652 | $5.1M | 0.09% |
| 78 | CHESAPEAKE UTILS CORP | 165303108 | 30,000 | $4.0M | 0.07% |
| 79 | REAVES UTIL INCOME FD COM SH B | 756158101 | 82,060 | $3.3M | 0.06% |
| 80 | LAMAR ADVERTISING CO | LAMR | 25,000 | $3.1M | 0.05% |
| 81 | SOUTHERN CO COM | SOMN | 30,048 | $2.8M | 0.05% |
| 82 | CANADIAN NATL RY CO COM | 136375102 | 28,796 | $2.7M | 0.05% |
| 83 | EXXON MOBIL CORP | XOM | 17,910 | $2.0M | 0.04% |
| 84 | CHEVRON CORPORATION COM | CVX | 11,115 | $1.7M | 0.03% |
| 85 | PG&E CORP COM | PCG-PX | 106,570 | $1.6M | 0.03% |
| 86 | SCE TRUST IV 5.375 PFD | 78409G206 | 63,125 | $1.5M | 0.03% |
| 87 | DEUTSCHE TELEKOM AG | DTEGF | 37,859 | $1.3M | 0.02% |
| 88 | APPLE INC COM | AAPL | 4,800 | $1.2M | 0.02% |
| 89 | OLD DOMINION FREIGHT LINE | ODFL | 8,200 | $1.2M | 0.02% |
| 90 | LITHIUM AMERICAS CORP | LTUM | 200,000 | $1.1M | 0.02% |
| 91 | EVERUS CONSTRUCTION GROUP INC | EVEX-WT | 12,500 | $1.1M | 0.02% |
| 92 | DUKE ENERGY CORP NEW COM NEW | DUKB | 8,164 | $1.0M | 0.02% |
| 93 | PROLOGIS INC COM | PLDGP | 7,356 | $842,409 | 0.02% |
| 94 | PHILLIP MORRIS INTERNATIONAL | 718172109 | 5,000 | $811,000 | 0.01% |
| 95 | EVERGY INC COM | EVRG | 9,924 | $754,422 | 0.01% |
| 96 | EXELON CORP COM | EXC | 16,365 | $736,589 | 0.01% |
| 97 | NEW JERSEY RES COM | NJR | 15,020 | $723,213 | 0.01% |
| 98 | CANADIAN PACIFIC KANSAS CITY L | CP | 9,344 | $696,035 | 0.01% |
| 99 | JOHNSON & JOHNSON COM | JNJ | 3,278 | $607,807 | 0.01% |
| 100 | ALTRIA GROUP INC. | MO | 8,000 | $528,480 | 0.01% |
| 101 | PPG INDS INC COM | 693506107 | 5,000 | $525,550 | 0.01% |
| 102 | EDISON INTL COM | 281020107 | 6,520 | $360,426 | 0.01% |
| 103 | VERIZON COMMUNICATIONS COM | VZ | 4,665 | $205,027 | 0.00% |