Reaves W H & Co. Inc.
Reaves Asset Management (W.H. Reaves & Co., Inc.) is an independently owned, employee-owned investment management firm headquartered in Jersey City, New Jersey, United States. Founded in 1961, the firm focuses on investing in publicly listed infrastructure equities, specializing in managed portfolios of dividend-paying companies within the utilities, communications, and essential services sectors. With decades of experience, Reaves is known for designing portfolios aimed at providing capital appreciation and income, serving institutional clients and individuals. The employee count typically ranges from 20 to 49.
Investment Strategy
Reaves Asset Management utilizes an active, fundamental research-based approach to invest in defensive equity portfolios concentrated in dividend-paying infrastructure sectors such as utilities, energy, and communications. Their strategy is designed to provide competitive risk-adjusted returns and consistent income across market cycles, emphasizing preservation of capital, portfolio management discipline, and alignment of interests between employees and clients. The firm targets high single-digit returns with lower market volatility and invests heavily in the same strategies as their clients to maintain strong incentives for performance.
Top Holdings
Equity Positions (76)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
T TLN | TALEN ENERGY CORP | 8.07% | $364.2M | 1,252,490 | $104.96 | $290.77 | +$122.0M |
V VST | VISTRA CORP. | 6.74% | $303.9M | 1,568,259 | $86.37 | $193.81 | +$129.6M |
C CEG | CONSTELLATION ENERGY CORP | 5.89% | $265.7M | 823,328 | $121.45 | $322.76 | +$119.7M |
C CNP | CENTERPOINT ENERGY INC | 5.10% | $229.9M | 6,257,356 | $33.17 | $36.74 | +$71.0M |
I IDA | IDACORP INC COM | 4.01% | $180.9M | 1,566,844 | $106.47 | $115.45 | +$35.9M |