REAVES W H & CO INC Q4 2025 Filing

Filed February 10, 2026

Portfolio Value

$5.7B

Holdings

87

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (87 positions)

#StockSharesValue% PortfolioType
1
TLNTALEN ENERGY CORP
1,521,697$570.4M9.98%
2
CEGCONSTELLATION ENERGY CORP
1,133,945$400.6M7.01%
3
VSTVISTRA CORP.
2,197,292$354.5M6.20%
4
CNPCENTERPOINT ENERGY INC
7,666,518$293.9M5.14%
5
XELXCEL ENERGY INC COM
3,579,918$264.4M4.62%
6
IDAIDACORP INC COM
1,807,811$228.8M4.00%
7
NINISOURCE INC COM
5,424,733$226.5M3.96%
8
ETRENTERGY CORP NEW COM
2,446,593$226.1M3.96%
9
LNTALLIANT ENERGY CORP COM
3,057,253$198.8M3.48%
10
SRESEMPRA
2,140,395$189.0M3.31%
11
PPLPPL CORP COM
4,424,814$155.0M2.71%
12
PNWPINNACLE WEST CAP CORP COM
1,719,774$152.5M2.67%
13
CMSCMS ENERGY CORP COM
2,087,283$146.0M2.55%
14
TXNMTXNM ENERGY INC
2,477,663$145.9M2.55%
15
CCOCAMECO CORP COM
1,453,978$133.0M2.33%
16
MPMP MATLS CORP
2,609,526$131.8M2.31%
17
EQIXEQUINIX INC COM NEW
168,968$129.5M2.26%
18
PWRQUANTA SVCS INC COM
270,609$114.2M2.00%
19
EPDENTERPRISE PRODUCTS PARTNERS L
3,493,940$112.0M1.96%
20
AEEAMEREN CORP COM
1,084,664$108.3M1.89%
21
NEENEXTERA ENERGY INC COM
1,329,628$106.7M1.87%
22
DTMDT MIDSTREAM INC
762,753$91.3M1.60%
23
NRANRG ENERGY INC COM
571,628$91.0M1.59%
24
OGEOGE ENERGY CORP COM
1,944,201$83.0M1.45%
25
WMBWILLIAMS COS INC COM
1,294,417$77.8M1.36%
26
SBACSBA COMMUNICATIONS COR CL A
362,464$70.1M1.23%
27
GLWCORNING INC COM
759,075$66.5M1.16%
28
EQTEQT CORP COM
1,161,975$62.3M1.09%
29
DTEDTE ENERGY CO COM
417,526$53.9M0.94%
30
DYDYCOM INDS INC COM
143,212$48.4M0.85%
31
GEVGE VERNOVA INC
73,403$48.0M0.84%
32
PEGPUBLIC SVC ENTERPRISE GROUP IN
562,991$45.2M0.79%
33
LEUCENTRUS ENERGY CORP CL A
174,500$42.4M0.74%
34
WECWEC ENERGY GROUP INC COM
377,501$39.8M0.70%
35
NSCNORFOLK SOUTHERN CORP COM
131,000$37.8M0.66%
36
MPLXMPLX LP COM UNIT REP LTD
670,500$35.8M0.63%
37
OKEONEOK INC NEW COM
461,740$33.9M0.59%
38
TMUST-MOBILE US INC COM
150,637$30.6M0.53%
39
8CWCROWN CASTLE INC
326,798$29.0M0.51%
40
X-ENERGY REACTOR CO. LLC SERIE
1,891,802$27.5M0.48%
41
MPCMARATHON PETROLEUM CORP
167,000$27.2M0.48%
42
KRSPRICE ACQUISITION CORPORATION 3
2,400,000$25.2M0.44%
43
NFGNATIONAL FUEL GAS - Restricted
314,465$25.0M0.44%
44
FYBRFRONTIER COMMUNICATIONS PARENT
587,933$22.4M0.39%
45
TICTIC SOLUTIONS INC
2,149,991$21.7M0.38%
46
CMCSACOMCAST CORP CLASS A
690,100$20.6M0.36%
47
UNPUNION PAC CORP COM
80,163$18.5M0.32%
48
AMTAMERICAN TOWER REIT COM
98,037$17.2M0.30%
49
FQIDIGITAL REALTY TR
94,303$14.6M0.26%
50
VRTVERTIV HOLDINGS CO
82,880$13.4M0.23%
51
UTLUNITIL CORP
275,000$13.3M0.23%
52
WBIWATERBRIDGE INFRASTRUCTURE LLC
450,000$9.0M0.16%
53
BRK/BBERKSHIRE HATHAWAY INC CLASS B
17,751$8.9M0.16%
54
LITELUMENTUM HOLDINGS INC
20,500$7.6M0.13%
55
JCIJOHNSON CTLS INTL PLC SHS
49,996$6.0M0.10%
56
OGM1COGENT COMMUNICATIONS HLDGS CO
259,098$5.6M0.10%
57
CHTRCHARTER COMMUNICATIONS INC
24,500$5.1M0.09%
58
COHRCOHERENT CORP
26,000$4.8M0.08%
59
LACLITHIUM AMERICAS CORP
1,040,000$4.5M0.08%
60
IRMIRON MTN INC NEW
53,900$4.5M0.08%
61
CPKCHESAPEAKE UTILS CORP
30,000$3.7M0.07%
62
LAMRLAMAR ADVERTISING CO
25,000$3.2M0.06%
63
ANETARISTA NETWORKS INC
23,336$3.1M0.05%
64
UTGREAVES UTIL INCOME FD COM SH B
83,326$3.0M0.05%
65
ATOATMOS ENERGY CORP COM
16,678$2.8M0.05%
66
TBNTAMBORAN RESOURCES CORP
100,000$2.7M0.05%
67
XOMEXXON MOBIL CORP
17,910$2.2M0.04%
68
SOSOUTHERN CO COM
24,648$2.1M0.04%
69
LINLINDE PLC SH
4,352$1.9M0.03%
70
PCGPG&E CORP COM
99,104$1.6M0.03%
71
CVXCHEVRON CORPORATION COM
9,115$1.4M0.02%
72
AAPLAPPLE INC COM
4,800$1.3M0.02%
73
DTEGYDEUTSCHE TELEKOM AG
37,859$1.2M0.02%
74
ECGEVERUS CONSTRUCTION GROUP INC
12,500$1.1M0.02%
75
DUKDUKE ENERGY CORP NEW COM NEW
8,164$956K0.02%
76
PLDPROLOGIS INC COM
7,356$939K0.02%
77
4I1PHILLIP MORRIS INTERNATIONAL
5,000$802K0.01%
78
AWCAMERICAN WATER WORKS
6,145$801K0.01%
79
EVRGEVERGY INC COM
9,924$719K0.01%
80
JNJJOHNSON & JOHNSON COM
3,278$678K0.01%
81
NJRNEW JERSEY RES COM
14,420$665K0.01%
82
ODFLOLD DOMINION FREIGHT LINE
4,200$658K0.01%
83
CPCANADIAN PACIFIC KANSAS CITY L
8,191$603K0.01%
84
PPGPPG INDS INC COM
5,000$512K0.01%
85
MOALTRIA GROUP INC.
8,000$461K0.01%
86
PEOEXELON CORP COM
7,990$348K0.01%
87
BKRBAKER HUGHES CO CL A
5,000$227K0.00%