Latest REAVES W H & CO INC Stock Portfolio

REAVES W H & CO INC Performance:

2025 Q4: -4.27%YTD: 14.25%2024: 19.35%

Performance for 2025 Q4 is -4.27%, and YTD is 14.25%, and 2024 is 19.35%.

About REAVES W H & CO INC and 13F Hedge Fund Stock Holdings

On 2026-02-10, the fund reported it's updated stock portfolio. In the 13F Holdings report, REAVES W H & CO INC reported an equity portfolio of $5.7 Billions as of 31 Dec, 2025.

The top stock holdings of REAVES W H & CO INC are , CEG, VST. The fund has invested 10% of it's portfolio in TALEN ENERGY CORP and 7% of portfolio in CONSTELLATION ENERGY CORP.

The fund managers got completely rid off CSX CORP COM (CSX), AT & T INC. (NEW) (T) and CANADIAN NATL RY CO COM stocks. They significantly reduced their stock positions in AMERICAN WATER WORKS (AWK), DUKE ENERGY CORP NEW COM NEW (DUK) and CHARTER COMMUNICATIONS INC (CHTR). REAVES W H & CO INC opened new stock positions in RICE ACQUISITION CORPORATION 3, NATIONAL FUEL GAS - RESTRICTED (NFG) and LUMENTUM HOLDINGS INC (LITE). The fund showed a lot of confidence in some stocks as they added substantially to LITHIUM AMERICAS CORP, NEXTERA ENERGY INC COM (NEE) and NRG ENERGY INC COM (NRG).

REAVES W H & CO INC Annual Return Estimates Vs S&P 500

Our best estimate is that REAVES W H & CO INC made a return of -4.27% in the last quarter. In trailing 12 months, it's portfolio return was 14.25%.

Performance
S&P 500

New Buys

Ticker	$ Bought
x-energy reactor co. llc serie	27,500,000
rice acquisition corporation 3	25,200,000
national fuel gas - restricted	25,000,000
tic solutions inc	21,736,400
lumentum holdings inc	7,556,100
coherent corp	4,798,820
iron mtn inc new	4,471,000
arista networks inc	3,057,720

New stocks bought by REAVES W H & CO INC

Additions

Ticker	% Inc.
lithium americas corp	420
ge vernova inc	389
nextera energy inc com	123
nrg energy inc com	93.46
alliant energy corp com	71.84
marathon petroleum corp	67.00
wec energy group inc com	59.96
corning inc com	50.45

Additions to existing portfolio by REAVES W H & CO INC

Reductions

Ticker	% Reduced
american water works	-97.81
duke energy corp new com new	-91.79
charter communications inc	-85.67
atmos energy corp com	-84.14
linde plc sh	-79.51
public svc enterprise group in	-70.47
comcast corp class a	-62.87
union pac corp com	-57.48

REAVES W H & CO INC reduced stake in above stock

Sold off

Ticker	$ Sold
at & t inc. (new)	-5,101,610
csx corp com	-5,326,500
sce trust iv 5.375 pfd	-1,489,120
canadian natl ry co com	-2,715,460
edison intl com	-360,426
verizon communications com	-205,027

REAVES W H & CO INC got rid off the above stocks

Sector Distribution

REAVES W H & CO INC has about 62.2% of it's holdings in Utilities sector.

Sector	%
Utilities	62.2
Others	14.9
Energy	9
Real Estate	4.7
Industrials	4.2
Basic Materials	2.4
Technology	1.5
Communication Services	1.1

Market Cap. Distribution

REAVES W H & CO INC has about 69.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	69.4
UNALLOCATED	14.9
MID-CAP	11.7
SMALL-CAP	3.3

Stocks belong to which Index?

About 65.9% of the stocks held by REAVES W H & CO INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	61.3
Others	34.2
RUSSELL 2000	4.6

Top 5 Winners (%)		%
DY	dycom inds inc com	15.8 %
JNJ	johnson & johnson com	11.6 %
PLD	prologis inc com	11.5 %
	cameco corp com	9.1 %
JCI	johnson ctls intl plc shs	8.8 %

Top 5 Winners ($)		$
CEG	constellation energy corp	26.0 M
	cameco corp com	11.1 M
DY	dycom inds inc com	6.6 M
PNM	txnm energy inc	5.9 M
DTM	dt midstream inc	4.8 M

Top 5 Losers (%)		%
CCOI	cogent communications hldgs co	-35.3 %
MP	mp matls corp	-24.6 %
	waterbridge infrastructure llc	-20.7 %
LEU	centrus energy corp cl a	-19.9 %
VST	vistra corp.	-16.7 %

Top 5 Losers ($)		$
	talen energy corp	-74.1 M
VST	vistra corp.	-71.2 M
MP	mp matls corp	-43.0 M
XEL	xcel energy inc com	-22.9 M
LEU	centrus energy corp cl a	-12.9 M

REAVES W H & CO INC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of REAVES W H & CO INC

REAVES W H & CO INC has 86 stocks in it's portfolio. About 51.7% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. CEG was the most profitable stock for REAVES W H & CO INC last quarter.

Last Reported on: 10 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc com	0.02	4,800	1,304,930	unchanged	0.00

AEE	ameren corp com	1.90	1,084,660	108,315,000	added	12.52

AMT	american tower reit com	0.30	98,037	17,212,400	unchanged	0.00

ANET	arista networks inc	0.05	23,336	3,057,720	new

ATO	atmos energy corp com	0.05	16,678	2,795,730	reduced	-84.14

AWK	american water works	0.01	6,145	801,923	reduced	-97.81

BKR	baker hughes co cl a	0.00	5,000	227,700	new

CCI	crown castle inc	0.51	326,798	29,042,500	reduced	-0.43

CCOI	cogent communications hldgs co	0.10	259,098	5,586,150	reduced	-38.76

CEG	constellation energy corp	7.01	1,133,940	400,589,000	added	11.68

CHTR	charter communications inc	0.09	24,500	5,114,380	reduced	-85.67

CMCSA	comcast corp class a	0.36	690,100	20,627,100	reduced	-62.87

CMS	cms energy corp com	2.55	2,087,280	145,964,000	reduced	-2.87

CNP	centerpoint energy inc	5.14	7,666,520	293,934,000	added	6.18

COHR	coherent corp	0.08	26,000	4,798,820	new

CP	canadian pacific kansas city l	0.01	8,191	603,103	reduced	-12.34

CPK	chesapeake utils corp	0.06	30,000	3,742,800	unchanged	0.00

CSX	csx corp com	0.00	0.00	0.00	sold off	-100

CVX	chevron corporation com	0.02	9,115	1,389,220	reduced	-17.99

DLR	digital realty tr	0.26	94,303	14,589,600	added	26.19