Reaves W H & Co. Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), Reaves W H & Co. Inc. reported 76 stock positions worth $3.0 billion. Its top holding was Constellation Energy (CEG) at 5.4% of the portfolio, followed by Talen Energy (TLN, 4.7%) and Vistra (VST, 4.3%). Compared with Q1 2024, it opened 6 new positions, added to 22 and reduced 34. The biggest buy was Talen Energy (TLN, shares +43%) and the biggest sale Public Service Enterprise GP (PEG, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- JERSEY CITY, NJ
- CIK
- 0000740913
- Portfolio Value
- $3.0B (Q2 2024)
- SEC Filing
- 0000740913-24-000009 ↗ filed Aug 8, 2024
Holdings Value
Holdings 76 stocks · $3.0B
| CEG Constellation Energy | 5.37% | 793,943 | $159.0M | Add +2.1% |
| TLN Talen Energy Corp. | 4.67% | 1,245,194 | $138.2M | Add +42.6% |
| VST Vistra Corp. | 4.31% | 1,481,841 | $127.4M | Add +183.2% |
| CNP Centerpoint Energy Inc. | 3.84% | 3,671,114 | $113.7M | Add +13.1% |
| NI Nisource Inc. | 3.32% | 3,404,927 | $98.1M | Reduce -0.5% |
| SRE Sempra | 3.05% | 1,186,433 | $90.2M | Add +0.9% |
| UNP Union Pacific Corp. | 2.83% | 369,578 | $83.6M | Add +6.1% |
| NEE Nextera Energy Inc. | 2.82% | 1,177,323 | $83.4M | Add +15.9% |
| ETR Entergy Corp. | 2.71% | 750,826 | $80.3M | Reduce -0.7% |
| EQIX Equinix Inc. | 2.71% | 105,962 | $80.2M | Add +8.1% |
| CMS CMS Energy Corp. | 2.70% | 1,342,262 | $79.9M | Reduce -9.4% |
| LNT Alliant Energy Corp. | 2.69% | 1,565,202 | $79.7M | Reduce -3.1% |
| PNW Pinnacle West Capital | 2.56% | 990,520 | $75.7M | Add +2.2% |
| DTM DT Midstream Inc. | 2.35% | 978,156 | $69.5M | Add +5.9% |
| DTE DTE Energy Company | 2.31% | 615,689 | $68.3M | Add +13.5% |
| SBAC SBA Communications Corp. | 2.31% | 348,115 | $68.3M | Reduce -6.2% |
| PCG P G & E Corp. | 2.30% | 3,890,073 | $67.9M | Reduce -16.7% |
| PPL PPL Corp. | 2.27% | 2,433,547 | $67.3M | Reduce -21.1% |
| EPD Enterprise Products Partners | 2.24% | 2,283,440 | $66.2M | Add +55.5% |
| TXNM TXNM Energy Inc. filed as PNM RES INC | 2.21% | 1,770,976 | $65.5M | Add +1.8% |
| TMUS T-Mobile US Inc. | 2.19% | 368,261 | $64.9M | Add +6.5% |
| ATO Atmos Energy Corp. | 2.16% | 546,783 | $63.8M | Add +6.9% |
| PWR Quanta Services Inc. | 2.14% | 249,673 | $63.4M | Add +122.6% |
| WMB Williams Cos Inc. | 1.87% | 1,300,447 | $55.3M | Reduce -2.7% |
| PEG Public Service Enterprise GP | 1.82% | 729,897 | $53.8M | Reduce -53.6% |
| CMCSA Comcast Corp. Class A | 1.79% | 1,352,974 | $53.0M | Reduce -20.0% |
| CCJ Cameco Corp. | 1.78% | 1,073,390 | $52.8M | New |
| AMT American Tower Corp. | 1.76% | 268,512 | $52.2M | No change |
| CNI Canadian Natl Railway Co. | 1.74% | 436,662 | $51.6M | Reduce -4.4% |
| AWK American Water Works Co. Inc. | 1.67% | 382,764 | $49.4M | Reduce -2.3% |
| OGE Oge Energy Corp. | 1.65% | 1,371,543 | $49.0M | Reduce -0.7% |
| SO The Southern Co. | 1.56% | 596,320 | $46.3M | Reduce -31.2% |
| EIX Edison International | 1.56% | 642,991 | $46.2M | Reduce -32.0% |
| DUK Duke Energy Corp. | 1.48% | 436,550 | $43.8M | Reduce -25.6% |
| IDA Idacorp Inc. | 1.43% | 455,500 | $42.4M | Add +228.2% |
| BCE Bce Inc. | 1.33% | 1,214,195 | $39.3M | Reduce -13.0% |
| VZ Verizon Communications Inc. | 1.31% | 942,767 | $38.9M | No change |
| CCOI Cogent Communications Holdin | 1.20% | 629,982 | $35.6M | Add +5.4% |
| VRT Vertiv Holdings Co. Class A | 1.12% | 383,185 | $33.2M | Add +596.7% |
| TRP TC Energy Corp. | 0.94% | 730,000 | $27.7M | Reduce -38.1% |
| CP Canadian Pacific Kansas City | 0.88% | 330,244 | $26.0M | Reduce -42.4% |
| XEL Xcel Energy Inc. | 0.79% | 436,276 | $23.3M | No change |
| FYBR Frontier Communications Pare | 0.79% | 889,956 | $23.3M | Add +7.9% |
| CHTR Charter Communications Inc. Class A | 0.77% | 75,743 | $22.6M | Reduce -14.0% |
| AEE Ameren Corporation | 0.74% | 308,000 | $21.9M | Reduce -14.6% |
| CCI Crown Castle Inc. | 0.69% | 210,475 | $20.6M | Reduce -12.6% |
| EXC Exelon Corp. | 0.58% | 492,196 | $17.0M | Reduce -17.7% |
| LIN Linde PLC | 0.41% | 27,539 | $12.1M | Reduce -3.0% |
| NSC Norfolk Southern Corp. | 0.29% | 40,600 | $8.7M | New |
| ODFL Old Dominion Freight Line | 0.29% | 48,933 | $8.6M | Add +33.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 20,912 | $8.5M | Reduce -3.0% |
| FE Firstenergy Corp. | 0.25% | 190,000 | $7.3M | Reduce -43.6% |
| DLR Digital Realty Trust Inc. | 0.16% | 30,476 | $4.6M | No change |
| GOOGL Alphabet Inc. Class A | 0.13% | 21,749 | $4.0M | Add +69.1% |
| RCI Rogers Communications Inc. Class B | 0.10% | 78,717 | $2.9M | Reduce -69.1% |
| UTG Reaves Utility Income Fund | 0.08% | 85,175 | $2.3M | Reduce -1.0% |
| OKE Oneok Inc. | 0.08% | 27,583 | $2.2M | Reduce -90.1% |
| WEC WEC Energy Group Inc. | 0.07% | 28,300 | $2.2M | No change |
| NWN Northwest Natural Holding Co. | 0.07% | 59,026 | $2.1M | Reduce -0.7% |
| TU Telus Corp. | 0.07% | 129,544 | $2.0M | Reduce -15.5% |
| XOM Exxon Mobil Corp. | 0.05% | 12,800 | $1.5M | No change |
| FTS Fortis Inc. | 0.04% | 33,970 | $1.3M | Reduce -37.1% |
| GOOG Alphabet Inc. Class C | 0.04% | 7,140 | $1.3M | No change |
| CVX Chevron Corp. | 0.04% | 7,700 | $1.2M | No change |
| PLD Prologis Inc. | 0.04% | 9,259 | $1.0M | Reduce -55.2% |
| AAPL Apple Inc. | 0.03% | 4,800 | $1.0M | No change |
| DTEGY Deutsche Telekom AG-Spon ADR | 0.02% | 25,747 | $648K | Reduce -8.7% |
| PPG PPG Industries Inc. | 0.02% | 5,000 | $629K | No change |
| DY Dycom Industries Inc. | 0.02% | 3,500 | $591K | New |
| PM Philip Morris International | 0.02% | 5,000 | $507K | No change |
| JNJ Johnson & Johnson | 0.02% | 3,290 | $481K | No change |
| AD Array Digital Infrastructure filed as UNITED STATES CELLULAR CORP | 0.01% | 7,500 | $419K | New |
| MO Altria Group Inc. | 0.01% | 8,000 | $364K | No change |
| FSLR First Solar Inc. | 0.01% | 1,500 | $338K | New |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.01% | 7,000 | $330K | No change |
| CTRI Centuri Holdings Inc. | 0.01% | 15,000 | $292K | New |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SCE TRUST IV (EIX V0 PERP J) | PFD | 63,125 | $1.5M | No change |
| SCE TRUST III (EIX V5.75 PERP H) | FXD/FLT RT PFD | 15,473 | $390K | No change |
Total filed on the 13F, all lines: $3.0B.
Portfolio Sells Q1 2024 → Q2 2024
| PEG Public Service Enterprise GP | Reduce -53.6% | 1.82% | −2.02 |
| CP Canadian Pacific Kansas City | Reduce -42.4% | 0.88% | −0.97 |
| CMCSA Comcast Corp. Class A | Reduce -20.0% | 1.79% | −0.89 |
| EIX Edison International | Reduce -32.0% | 1.56% | −0.88 |
| PPL PPL Corp. | Reduce -21.1% | 2.27% | −0.83 |
| TRP TC Energy Corp. | Reduce -38.1% | 0.94% | −0.80 |
| OKE Oneok Inc. | Reduce -90.1% | 0.08% | −0.74 |
| SO The Southern Co. | Reduce -31.2% | 1.56% | −0.71 |
| SBAC SBA Communications Corp. | Reduce -6.2% | 2.31% | −0.63 |
| DUK Duke Energy Corp. | Reduce -25.6% | 1.48% | −0.60 |
| CMS CMS Energy Corp. | Reduce -9.4% | 2.70% | −0.57 |
| PCG P G & E Corp. | Reduce -16.7% | 2.30% | −0.57 |
| CNI Canadian Natl Railway Co. | Reduce -4.4% | 1.74% | −0.46 |
| BCE Bce Inc. | Reduce -13.0% | 1.33% | −0.40 |
| LNT Alliant Energy Corp. | Reduce -3.1% | 2.69% | −0.28 |
| RCI Rogers Communications Inc. Class B | Reduce -69.1% | 0.10% | −0.28 |
| EXC Exelon Corp. | Reduce -17.7% | 0.58% | −0.25 |
| CCI Crown Castle Inc. | Reduce -12.6% | 0.69% | −0.24 |
| AEE Ameren Corporation | Reduce -14.6% | 0.74% | −0.23 |
| FE Firstenergy Corp. | Reduce -43.6% | 0.25% | −0.23 |
| ETR Entergy Corp. | Reduce -0.7% | 2.71% | −0.21 |
| CHTR Charter Communications Inc. Class A | Reduce -14.0% | 0.77% | −0.17 |
| NI Nisource Inc. | Reduce -0.5% | 3.32% | −0.14 |
| AWK American Water Works Co. Inc. | Reduce -2.3% | 1.67% | −0.08 |
| OGE Oge Energy Corp. | Reduce -0.7% | 1.65% | −0.08 |
| LIN Linde PLC | Reduce -3.0% | 0.41% | −0.07 |
| PLD Prologis Inc. | Reduce -55.2% | 0.04% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.0% | 0.29% | −0.04 |
| WMB Williams Cos Inc. | Reduce -2.7% | 1.87% | −0.04 |
| FTS Fortis Inc. | Reduce -37.1% | 0.04% | −0.03 |
| TU Telus Corp. | Reduce -15.5% | 0.07% | −0.02 |
| NWN Northwest Natural Holding Co. | Reduce -0.7% | 0.07% | −0.01 |
| UTG Reaves Utility Income Fund | Reduce -1.0% | 0.08% | −0.01 |
| DTEGY Deutsche Telekom AG-Spon ADR | Reduce -8.7% | 0.02% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| TLN Talen Energy Corp. | Add +42.6% | 4.67% | +4.67 |
| VST Vistra Corp. | Add +183.2% | 4.31% | +2.97 |
| CCJ Cameco Corp. | New | 1.78% | +1.78 |
| PWR Quanta Services Inc. | Add +122.6% | 2.14% | +1.08 |
| IDA Idacorp Inc. | Add +228.2% | 1.43% | +0.96 |
| VRT Vertiv Holdings Co. Class A | Add +596.7% | 1.12% | +0.96 |
| EPD Enterprise Products Partners | Add +55.5% | 2.24% | +0.67 |
| CNP Centerpoint Energy Inc. | Add +13.1% | 3.84% | +0.46 |
| NEE Nextera Energy Inc. | Add +15.9% | 2.82% | +0.45 |
| NSC Norfolk Southern Corp. | New | 0.29% | +0.29 |
| DTM DT Midstream Inc. | Add +5.9% | 2.35% | +0.28 |
| TMUS T-Mobile US Inc. | Add +6.5% | 2.19% | +0.13 |
| CEG Constellation Energy | Add +2.1% | 5.37% | +0.12 |
| DTE DTE Energy Company | Add +13.5% | 2.31% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +69.1% | 0.13% | +0.06 |
| FYBR Frontier Communications Pare | Add +7.9% | 0.79% | +0.05 |
| DY Dycom Industries Inc. | New | 0.02% | +0.02 |
| AD Array Digital Infrastructure | New | 0.01% | +0.01 |
| FSLR First Solar Inc. | New | 0.01% | +0.01 |
| CTRI Centuri Holdings Inc. | New | 0.01% | +0.01 |
| ODFL Old Dominion Freight Line | Add +33.3% | 0.29% | −0.00 |
| SRE Sempra | Add +0.9% | 3.05% | −0.04 |
| ATO Atmos Energy Corp. | Add +6.9% | 2.16% | −0.07 |
| PNW Pinnacle West Capital | Add +2.2% | 2.56% | −0.09 |
| TXNM TXNM Energy Inc. | Add +1.8% | 2.21% | −0.18 |
| CCOI Cogent Communications Holdin | Add +5.4% | 1.20% | −0.23 |
| EQIX Equinix Inc. | Add +8.1% | 2.71% | −0.25 |
| UNP Union Pacific Corp. | Add +6.1% | 2.83% | −0.31 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 94 | $6.6B | TLN, ETR, VST, CEG, CNP |
| Q1 2026 | 90 | $6.0B | TLN, CEG, VST, CNP, XEL |
| Q4 2025 | 87 | $5.7B | TLN, CEG, VST, CNP, XEL |
| Q3 2025 | 82 | $5.6B | TLN, VST, CEG, CNP, XEL |
| Q2 2025 | 76 | $4.5B | TLN, VST, CEG, CNP, IDA |
| Q1 2025 | 78 | $3.9B | TLN, ETR, VST, NI, XEL |
| Q4 2024 | 72 | $3.8B | TLN, VST, CEG, ETR, NI |
| Q3 2024 | 76 | $3.7B | TLN, CEG, VST, ETR, CNP |
| Q2 2024 | 76 | $3.0B | CEG, TLN, VST, CNP, NI |
| Q1 2024 | 70 | $2.7B | CEG, PEG, NI, CNP, CMS |