Only one mention of utilities in this weekend’s Barron’s, in the Q&A column on page 27. (see here) This was an interview with David Kotok, who owns a money-management firm in Florida. In the article he said he was worried about utilities because of their sensitivity to rising interest rates, and that he had sold his position in XLU ETF in July. This had been his biggest overweight position. It turned out to be a pretty good call, as utilities were the second worst performing sector in over the last six months.
Table Source: FactSet.