Skip to content
Disclosery

REAVES W H & CO INC

Follow

13F filer, CIK 740913, JERSEY CITY, NJ

REAVES W H & CO INC reported $5,717,059,496 across 87 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-10. Its ten largest share positions make up 51.65% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000740913-26-000003

Period
2025-12-31
Reported value
$5.72B
Holdings
87
Top 10 weight
51.65%
New
10
Sold out
6

Largest buys vs the previous quarter

SecurityShares changeApprox. value
LNTadded+1,278,166$83.1M
NEEadded+735,867$59.1M
SREadded+544,567$48.1M
VSTadded+278,763$45M
NRGadded+276,157$44M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
PEGreduced-1,343,505-$108M
AWKreduced-275,000-$35.9M
CMCSAreduced-1,168,500-$34.9M
CHTRreduced-146,420-$30.6M
UNPreduced-108,375-$25.1M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0000740913-26-000003, largest first. % of portfolio is the value over $5,717,059,496, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,313,066 shares; 2024Q4: 1,270,773 shares; 2025Q1: 1,213,007 shares; 2025Q2: 1,252,490 shares; 2025Q3: 1,410,537 shares; 2025Q4: 1,521,697 shares 1,521,697$570M9.98%+111,160Timeline
CEGCONSTELLATION ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 827,729 shares; 2024Q4: 837,737 shares; 2025Q1: 724,061 shares; 2025Q2: 823,328 shares; 2025Q3: 1,015,379 shares; 2025Q4: 1,133,945 shares 1,133,945$401M7.01%+118,566Timeline
VSTVISTRA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,554,638 shares; 2024Q4: 1,640,542 shares; 2025Q1: 1,484,344 shares; 2025Q2: 1,568,259 shares; 2025Q3: 1,918,529 shares; 2025Q4: 2,197,292 shares 2,197,292$354M6.2%+278,763Timeline
CNPCENTERPOINT ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,748,391 shares; 2024Q4: 2,769,451 shares; 2025Q1: 4,385,632 shares; 2025Q2: 6,257,356 shares; 2025Q3: 7,220,266 shares; 2025Q4: 7,666,518 shares 7,666,518$294M5.14%+446,252Timeline
XELXCEL ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 269,500 shares; 2024Q4: 1,455,927 shares; 2025Q1: 2,300,559 shares; 2025Q2: 2,516,325 shares; 2025Q3: 3,164,159 shares; 2025Q4: 3,579,918 shares 3,579,918$264M4.62%+415,759Timeline
IDAIDACORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 569,107 shares; 2024Q4: 998,383 shares; 2025Q1: 1,247,925 shares; 2025Q2: 1,566,844 shares; 2025Q3: 1,700,680 shares; 2025Q4: 1,807,811 shares 1,807,811$229M4%+107,131Timeline
NINISOURCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,768,482 shares; 2024Q4: 4,026,404 shares; 2025Q1: 4,153,470 shares; 2025Q2: 3,721,899 shares; 2025Q3: 5,009,644 shares; 2025Q4: 5,424,733 shares 5,424,733$227M3.96%+415,089Timeline
ETRENTERGY CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,152,691 shares; 2024Q4: 2,012,308 shares; 2025Q1: 2,326,855 shares; 2025Q2: 1,977,778 shares; 2025Q3: 2,288,367 shares; 2025Q4: 2,446,593 shares 2,446,593$226M3.96%+158,226Timeline
LNTALLIANT ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,514,997 shares; 2024Q4: 786,898 shares; 2025Q1: 652,044 shares; 2025Q2: 1,152,677 shares; 2025Q3: 1,779,087 shares; 2025Q4: 3,057,253 shares 3,057,253$199M3.48%+1,278,166Timeline
SRESEMPRAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,587,272 shares; 2024Q4: 1,317,858 shares; 2025Q1: 1,894,657 shares; 2025Q2: 1,542,749 shares; 2025Q3: 1,595,828 shares; 2025Q4: 2,140,395 shares 2,140,395$189M3.31%+544,567Timeline
PPLPPL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,400,046 shares; 2024Q4: 3,951,116 shares; 2025Q1: 4,139,985 shares; 2025Q2: 3,820,760 shares; 2025Q3: 4,336,283 shares; 2025Q4: 4,424,814 shares 4,424,814$155M2.71%+88,531Timeline
PNWPINNACLE WEST CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,028,632 shares; 2024Q4: 1,390,715 shares; 2025Q1: 1,509,511 shares; 2025Q2: 1,487,921 shares; 2025Q3: 1,804,114 shares; 2025Q4: 1,719,774 shares 1,719,774$153M2.67%-84,340Timeline
CMSCMS ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,329,398 shares; 2024Q4: 1,278,281 shares; 2025Q1: 361,378 shares; 2025Q2: 1,872,542 shares; 2025Q3: 2,149,018 shares; 2025Q4: 2,087,283 shares 2,087,283$146M2.55%-61,735Timeline
TXNMTXNM ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,890,246 shares; 2024Q4: 2,908,905 shares; 2025Q1: 3,023,146 shares; 2025Q2: 2,571,680 shares; 2025Q3: 2,551,398 shares; 2025Q4: 2,477,663 shares 2,477,663$146M2.55%-73,735Timeline
CCJCAMECO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,442,863 shares; 2024Q4: 1,438,968 shares; 2025Q1: 1,602,703 shares; 2025Q2: 1,556,452 shares; 2025Q3: 1,455,779 shares; 2025Q4: 1,453,978 shares 1,453,978$133M2.33%-1,801Timeline
MPMP MATERIALS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 965,000 shares; 2025Q3: 2,589,908 shares; 2025Q4: 2,609,526 shares 2,609,526$132M2.31%+19,618Timeline
EQIXEQUINIX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 113,311 shares; 2024Q4: 115,857 shares; 2025Q1: 157,654 shares; 2025Q2: 158,766 shares; 2025Q3: 158,626 shares; 2025Q4: 168,968 shares 168,968$129M2.26%+10,342Timeline
PWRQUANTA SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 257,611 shares; 2024Q4: 256,478 shares; 2025Q1: 281,585 shares; 2025Q2: 271,847 shares; 2025Q3: 270,962 shares; 2025Q4: 270,609 shares 270,609$114M2%-353Timeline
EPDENTERPRISE PRODS PARTNERS LQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,593,940 shares; 2024Q4: 3,593,940 shares; 2025Q1: 3,593,940 shares; 2025Q2: 3,593,940 shares; 2025Q3: 3,493,940 shares; 2025Q4: 3,493,940 shares 3,493,940$112M1.96%0Timeline
AEEAMEREN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 278,000 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 453,820 shares; 2025Q3: 964,012 shares; 2025Q4: 1,084,664 shares 1,084,664$108M1.89%+120,652Timeline
NEENEXTERA ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,506,844 shares; 2024Q4: 1,665,627 shares; 2025Q1: 1,009,024 shares; 2025Q2: 894,026 shares; 2025Q3: 593,761 shares; 2025Q4: 1,329,628 shares 1,329,628$107M1.87%+735,867Timeline
DTMDT MIDSTREAM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 907,550 shares; 2024Q4: 981,879 shares; 2025Q1: 755,533 shares; 2025Q2: 698,447 shares; 2025Q3: 697,426 shares; 2025Q4: 762,753 shares 762,753$91.3M1.6%+65,327Timeline
NRGNRG ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 67,233 shares; 2025Q2: 132,597 shares; 2025Q3: 295,471 shares; 2025Q4: 571,628 shares 571,628$91M1.59%+276,157Timeline
OGEOGE ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,262,867 shares; 2024Q4: 1,225,374 shares; 2025Q1: 1,219,631 shares; 2025Q2: 1,242,285 shares; 2025Q3: 1,335,747 shares; 2025Q4: 1,944,201 shares 1,944,201$83M1.45%+608,454Timeline
WMBWILLIAMS COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,135,447 shares; 2024Q4: 1,140,093 shares; 2025Q1: 673,122 shares; 2025Q2: 747,772 shares; 2025Q3: 1,089,227 shares; 2025Q4: 1,294,417 shares 1,294,417$77.8M1.36%+205,190Timeline
SBACSBA COMMUNICATIONS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 389,246 shares; 2024Q4: 432,617 shares; 2025Q1: 407,152 shares; 2025Q2: 432,648 shares; 2025Q3: 406,844 shares; 2025Q4: 362,464 shares 362,464$70.1M1.23%-44,380Timeline
GLWCORNING INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 504,522 shares; 2025Q4: 759,075 shares 759,075$66.5M1.16%+254,553Timeline
EQTEQT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 112,618 shares; 2025Q2: 328,502 shares; 2025Q3: 1,029,234 shares; 2025Q4: 1,161,975 shares 1,161,975$62.3M1.09%+132,741Timeline
DTEDTE ENERGY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 903,145 shares; 2024Q4: 881,447 shares; 2025Q1: 599,845 shares; 2025Q2: 560,748 shares; 2025Q3: 586,694 shares; 2025Q4: 417,526 shares 417,526$53.9M0.94%-169,168Timeline
DYDYCOM INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 35,358 shares; 2024Q4: 117,429 shares; 2025Q1: 141,108 shares; 2025Q2: 121,665 shares; 2025Q3: 143,428 shares; 2025Q4: 143,212 shares 143,212$48.4M0.85%-216Timeline
GEVGE VERNOVA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 20,000 shares; 2025Q2: 20,000 shares; 2025Q3: 15,000 shares; 2025Q4: 73,403 shares 73,403$48M0.84%+58,403Timeline
PEGPUBLIC SVC ENTERPRISE GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 766,336 shares; 2024Q4: 828,610 shares; 2025Q1: 1,312,292 shares; 2025Q2: 1,583,744 shares; 2025Q3: 1,906,496 shares; 2025Q4: 562,991 shares 562,991$45.2M0.79%-1,343,505Timeline
LEUCENTRUS ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 228,413 shares; 2025Q1: 228,696 shares; 2025Q2: 208,935 shares; 2025Q3: 208,789 shares; 2025Q4: 174,500 shares 174,500$42.4M0.74%-34,289Timeline
WECWEC ENERGY GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 28,300 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 236,000 shares; 2025Q4: 377,501 shares 377,501$39.8M0.7%+141,501Timeline
NSCNORFOLK SOUTHN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 177,600 shares; 2024Q4: 219,300 shares; 2025Q1: 219,300 shares; 2025Q2: 219,300 shares; 2025Q3: 163,700 shares; 2025Q4: 131,000 shares 131,000$37.8M0.66%-32,700Timeline
MPLXMPLX LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 25,000 shares; 2025Q1: 110,000 shares; 2025Q2: 670,500 shares; 2025Q3: 670,500 shares; 2025Q4: 670,500 shares 670,500$35.8M0.63%0Timeline
OKEONEOK INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,307 shares; 2024Q4: 294,624 shares; 2025Q1: 346,239 shares; 2025Q2: 584,398 shares; 2025Q3: 584,123 shares; 2025Q4: 461,740 shares 461,740$33.9M0.59%-122,383Timeline
TMUST-MOBILE US INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 315,889 shares; 2024Q4: 311,803 shares; 2025Q1: 213,949 shares; 2025Q2: 154,297 shares; 2025Q3: 151,752 shares; 2025Q4: 150,637 shares 150,637$30.6M0.53%-1,115Timeline
CCICROWN CASTLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 210,404 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 328,217 shares; 2025Q4: 326,798 shares 326,798$29M0.51%-1,419Timeline
X-ENERGY REACTOR CO. LLC SE…X-ENERGY REACTOR CO. LLC SERIEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,891,802 shares 1,891,802$27.5M0.48%new
MPCMARATHON PETE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 135,000 shares; 2025Q1: 150,000 shares; 2025Q2: 150,000 shares; 2025Q3: 100,000 shares; 2025Q4: 167,000 shares 167,000$27.2M0.48%+67,000Timeline
KRSPURICE ACQUISITION CORP 3Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 2,400,000 shares 2,400,000$25.2M0.44%newTimeline
NATIONAL FUEL GAS - Restric…NATIONAL FUEL GAS - RestrictedQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 314,465 shares 314,465$25M0.44%new
FYBRFRONTIER COMMUNICATIONS PAREQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 783,372 shares; 2024Q4: 708,528 shares; 2025Q1: 708,872 shares; 2025Q2: 707,564 shares; 2025Q3: 592,148 shares; 2025Q4: 587,933 shares 587,933$22.4M0.39%-4,215Timeline
TICTIC SOLUTIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 2,149,991 shares 2,149,991$21.7M0.38%newTimeline
CMCSACOMCAST CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,566,147 shares; 2024Q4: 2,184,079 shares; 2025Q1: 1,992,699 shares; 2025Q2: 1,858,600 shares; 2025Q3: 1,858,600 shares; 2025Q4: 690,100 shares 690,100$20.6M0.36%-1,168,500Timeline
UNPUNION PAC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 304,710 shares; 2024Q4: 303,261 shares; 2025Q1: 302,342 shares; 2025Q2: 300,637 shares; 2025Q3: 188,538 shares; 2025Q4: 80,163 shares 80,163$18.5M0.32%-108,375Timeline
AMTAMERICAN TOWER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 238,512 shares; 2024Q4: 193,337 shares; 2025Q1: 193,037 shares; 2025Q2: 193,037 shares; 2025Q3: 98,037 shares; 2025Q4: 98,037 shares 98,037$17.2M0.3%0Timeline
DLRDIGITAL RLTY TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 30,476 shares; 2024Q4: 30,440 shares; 2025Q1: 40,590 shares; 2025Q2: 74,740 shares; 2025Q3: 74,733 shares; 2025Q4: 94,303 shares 94,303$14.6M0.26%+19,570Timeline
VRTVERTIV HOLDINGS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 394,903 shares; 2024Q4: 314,795 shares; 2025Q1: 314,795 shares; 2025Q2: 349,795 shares; 2025Q3: 154,145 shares; 2025Q4: 82,880 shares 82,880$13.4M0.23%-71,265Timeline
UTLUNITIL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 275,000 shares; 2025Q4: 275,000 shares 275,000$13.3M0.23%0Timeline
WBIWATERBRIDGE INFRASTRUCTURE LQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 450,000 shares; 2025Q4: 450,000 shares 450,000$9M0.16%0Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 18,387 shares; 2024Q4: 18,328 shares; 2025Q1: 18,328 shares; 2025Q2: 18,328 shares; 2025Q3: 17,751 shares; 2025Q4: 17,751 shares 17,751$8.92M0.16%0Timeline
LITELUMENTUM HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 20,500 shares 20,500$7.56M0.13%newTimeline
JCIJOHNSON CONTROLS INTERNATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 42,749 shares; 2025Q1: 49,983 shares; 2025Q2: 50,532 shares; 2025Q3: 50,698 shares; 2025Q4: 49,996 shares 49,996$5.99M0.1%-702Timeline
CCOICOGENT COMM HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 596,562 shares; 2024Q4: 698,518 shares; 2025Q1: 808,061 shares; 2025Q2: 819,953 shares; 2025Q3: 423,098 shares; 2025Q4: 259,098 shares 259,098$5.59M0.1%-164,000Timeline
CHTRCHARTER COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 75,743 shares; 2024Q4: 122,153 shares; 2025Q1: 139,153 shares; 2025Q2: 197,021 shares; 2025Q3: 170,920 shares; 2025Q4: 24,500 shares 24,500$5.11M0.09%-146,420Timeline
COHRCOHERENT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 26,000 shares 26,000$4.8M0.08%newTimeline
LACLITHIUM AMERS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 200,000 shares; 2025Q4: 1,040,000 shares 1,040,000$4.53M0.08%+840,000Timeline
IRMIRON MTN INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 53,900 shares 53,900$4.47M0.08%newTimeline
CPKCHESAPEAKE UTILS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 30,000 shares; 2024Q4: 30,000 shares; 2025Q1: 30,000 shares; 2025Q2: 30,000 shares; 2025Q3: 30,000 shares; 2025Q4: 30,000 shares 30,000$3.74M0.07%0Timeline
LAMRLAMAR ADVERTISING COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 25,000 shares; 2025Q2: 25,000 shares; 2025Q3: 25,000 shares; 2025Q4: 25,000 shares 25,000$3.16M0.06%0Timeline
ANETARISTA NETWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 23,336 shares 23,336$3.06M0.05%newTimeline
UTGREAVES UTIL INCOME FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 84,402 shares; 2024Q4: 85,731 shares; 2025Q1: 87,192 shares; 2025Q2: 88,623 shares; 2025Q3: 82,060 shares; 2025Q4: 83,326 shares 83,326$3.05M0.05%+1,266Timeline
ATOATMOS ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 553,072 shares; 2024Q4: 617,674 shares; 2025Q1: 658,135 shares; 2025Q2: 313,020 shares; 2025Q3: 105,186 shares; 2025Q4: 16,678 shares 16,678$2.8M0.05%-88,508Timeline
TBNTAMBORAN RES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 100,000 shares 100,000$2.72M0.05%newTimeline
XOMEXXON MOBIL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,800 shares; 2024Q4: 326,075 shares; 2025Q1: 346,890 shares; 2025Q2: 17,910 shares; 2025Q3: 17,910 shares; 2025Q4: 17,910 shares 17,910$2.16M0.04%0Timeline
SOSOUTHERN COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 41,771 shares; 2024Q4: 41,745 shares; 2025Q1: 34,398 shares; 2025Q2: 30,048 shares; 2025Q3: 30,048 shares; 2025Q4: 24,648 shares 24,648$2.15M0.04%-5,400Timeline
LINLINDE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,951 shares; 2024Q4: 21,596 shares; 2025Q1: 21,081 shares; 2025Q2: 21,283 shares; 2025Q3: 21,239 shares; 2025Q4: 4,352 shares 4,352$1.86M0.03%-16,887Timeline
PCGPG&E CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,715,933 shares; 2024Q4: 3,534,036 shares; 2025Q1: 3,238,421 shares; 2025Q2: 2,179,421 shares; 2025Q3: 106,570 shares; 2025Q4: 99,104 shares 99,104$1.59M0.03%-7,466Timeline
CVXCHEVRON CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,700 shares; 2024Q4: 10,630 shares; 2025Q1: 11,170 shares; 2025Q2: 11,115 shares; 2025Q3: 11,115 shares; 2025Q4: 9,115 shares 9,115$1.39M0.02%-2,000Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,800 shares; 2024Q4: 4,800 shares; 2025Q1: 4,800 shares; 2025Q2: 4,800 shares; 2025Q3: 4,800 shares; 2025Q4: 4,800 shares 4,800$1.3M0.02%0Timeline
DTEGYDEUTSCHE TELEKOM AG-SPON ADRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,747 shares; 2024Q4: 33,464 shares; 2025Q1: 38,504 shares; 2025Q2: 37,859 shares; 2025Q3: 37,859 shares; 2025Q4: 37,859 shares 37,859$1.23M0.02%0Timeline
ECGEVERUS CONSTR GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 12,500 shares; 2025Q1: 12,500 shares; 2025Q2: 12,500 shares; 2025Q3: 12,500 shares; 2025Q4: 12,500 shares 12,500$1.07M0.02%0Timeline
DUKDUKE ENERGY CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 55,550 shares; 2024Q4: 7,215 shares; 2025Q1: 8,304 shares; 2025Q2: 8,164 shares; 2025Q3: 99,459 shares; 2025Q4: 8,164 shares 8,164$957K0.02%-91,295Timeline
PLDPROLOGIS INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,083 shares; 2024Q4: 7,756 shares; 2025Q1: 7,356 shares; 2025Q2: 7,356 shares; 2025Q3: 7,356 shares; 2025Q4: 7,356 shares 7,356$939K0.02%0Timeline
PMPHILIP MORRIS INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,000 shares; 2024Q4: 5,000 shares; 2025Q1: 5,000 shares; 2025Q2: 5,000 shares; 2025Q3: 5,000 shares; 2025Q4: 5,000 shares 5,000$802K0.01%0Timeline
AWKAMERICAN WTR WKS CO INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 362,764 shares; 2024Q4: 252,764 shares; 2025Q1: 252,764 shares; 2025Q2: 156,145 shares; 2025Q3: 281,145 shares; 2025Q4: 6,145 shares 6,145$802K0.01%-275,000Timeline
EVRGEVERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 9,924 shares; 2025Q4: 9,924 shares 9,924$719K0.01%0Timeline
JNJJOHNSON & JOHNSONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,280 shares; 2024Q4: 3,280 shares; 2025Q1: 3,280 shares; 2025Q2: 3,280 shares; 2025Q3: 3,278 shares; 2025Q4: 3,278 shares 3,278$678K0.01%0Timeline
NJRNEW JERSEY RES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 12,505 shares; 2025Q1: 47,086 shares; 2025Q2: 15,020 shares; 2025Q3: 15,020 shares; 2025Q4: 14,420 shares 14,420$665K0.01%-600Timeline
ODFLOLD DOMINION FREIGHT LINE INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 39,580 shares; 2024Q4: 34,389 shares; 2025Q1: 40,770 shares; 2025Q2: 74,205 shares; 2025Q3: 8,200 shares; 2025Q4: 4,200 shares 4,200$659K0.01%-4,000Timeline
CPCANADIAN PACIFIC KANSAS CITYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 252,909 shares; 2024Q4: 86,166 shares; 2025Q1: 9,344 shares; 2025Q2: 9,344 shares; 2025Q3: 9,344 shares; 2025Q4: 8,191 shares 8,191$603K0.01%-1,153Timeline
PPGPPG INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,000 shares; 2024Q4: 5,000 shares; 2025Q1: 5,000 shares; 2025Q2: 5,000 shares; 2025Q3: 5,000 shares; 2025Q4: 5,000 shares 5,000$512K0.01%0Timeline
MOALTRIA GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,000 shares; 2024Q4: 8,000 shares; 2025Q1: 8,000 shares; 2025Q2: 8,000 shares; 2025Q3: 8,000 shares; 2025Q4: 8,000 shares 8,000$461K0.01%0Timeline
EXCEXELON CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,235 shares; 2024Q4: 17,840 shares; 2025Q1: 17,840 shares; 2025Q2: 16,840 shares; 2025Q3: 16,365 shares; 2025Q4: 7,990 shares 7,990$348K0.01%-8,375Timeline
BKRBAKER HUGHES COMPANYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 5,000 shares 5,000$228K<0.01%newTimeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
CSXCSX CORP150,000$5.33Mshares
TAT&T INC180,652$5.1Mshares
CNICANADIAN NATL RY CO28,796$2.72Mshares
SCE TRUST IV 5.375 PFDSCE TRUST IV 5.375 PFD63,125$1.49Mshares
EIXEDISON INTL6,520$360Kshares
VZVERIZON COMMUNICATIONS INC4,665$205Kshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000740913-26-000003 base2026-02-10acceptance time not in the bulk data set