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Nuveen Variable Rate Preferred & Income Fund

NPFD
Exchange
NYSE
SEC CIK
0001865389

No open-market purchases or sales by Nuveen Variable Rate Preferred & Income Fund insiders were filed in the last 90 days; 51 institutions reported holding it in 13F filings for Q2 2026, worth $147.7M in total; no superinvestor holds it.

13F holders, Q4 2023

Institutional positions in Nuveen Variable Rate Preferred & Income Fund as of Dec 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
42
+11 vs. Q3 2023
Shares held
7.58M
+1.11M (+17.1%) vs. Q3 2023
Total value
$123.1M
+$21.8M (+21.5%) vs. Q3 2023
New holders
16
15 more added
Sold out
5
7 more reduced

2 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NPFD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2023: 42 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 10 institutionsQ1 2022: 12 institutionsQ2 2022: 18 institutionsQ3 2022: 26 institutionsQ4 2022: 35 institutionsQ1 2023: 36 institutionsQ2 2023: 39 institutionsQ3 2023: 33 institutionsQ4 2023: 42 institutionsQ1 2024: 42 institutionsQ2 2024: 43 institutionsQ3 2024: 51 institutionsQ4 2024: 42 institutionsQ1 2025: 46 institutionsQ2 2025: 43 institutionsQ3 2025: 45 institutionsQ4 2025: 48 institutionsQ1 2026: 56 institutionsQ2 2026: 51 institutions
Value heldQ4 2023: $165.9M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $8.42MQ1 2022: $14.3MQ2 2022: $16.8MQ3 2022: $20.6MQ4 2022: $64.5MQ1 2023: $70.7MQ2 2023: $87.4MQ3 2023: $102.8MQ4 2023: $165.9MQ1 2024: $244.8MQ2 2024: $172.6MQ3 2024: $162.4MQ4 2024: $162.2MQ1 2025: $164.2MQ2 2025: $180.2MQ3 2025: $170.5MQ4 2025: $156.2MQ1 2026: $141.5MQ2 2026: $147.7M
Institutions holding NPFD and their total value by quarter
QuarterHoldersValue
Q2 202651$147.7M
Q1 202656$141.5M
Q4 202548$156.2M
Q3 202545$170.5M
Q2 202543$180.2M
Q1 202546$164.2M
Q4 202442$162.2M
Q3 202451$162.4M
Q2 202443$172.6M
Q1 202442$244.8M
Q4 202342$165.9M
Q3 202333$102.8M
Q2 202339$87.4M
Q1 202336$70.7M
Q4 202235$64.5M
Q3 202226$20.6M
Q2 202218$16.8M
Q1 202212$14.3M
Q4 202110$8.42M
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding Nuveen Variable Rate Preferred & Income Fund; share changes are against Q3 2023.

Institutions holding NPFD in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley2,634,135$42.8M0.00%+204,804+8.4%Added
Saba Capital Management, L.P.1,128,344$18.3M0.45%+722,798+178.2%Added
Sit Investment Associates Inc987,010$16.0M0.39%+157,051+18.9%Added
Rivernorth Capital Management, LLC505,406$8.21M0.39%+217,249+75.4%Added
UBS Group AG391,699$6.37M0.00%−125,575−24.3%Reduced
Invesco Ltd.303,717$4.94M0.00%+17,196+6.0%Added
Pathstone Holdings, LLC249,999$4.06M0.02%+249,999New
Karpus Management, Inc.198,597$3.23M0.10%−5,475−2.7%Reduced
Royal Bank of Canada178,472$2.90M0.00%+978+0.6%Added
Wells Fargo & Company171,064$2.78M0.00%−74,870−30.4%Reduced
Stifel Financial Corp142,012$2.31M0.00%+10,615+8.1%Added
Landscape Capital Management, L.L.C.86,038$1.40M0.12%+86,038New
Matisse Capital83,090$1.35M0.72%+52,787+174.2%Added
Corrado Advisors, LLC67,130$1.09M0.89%−37,536−35.9%Reduced
Seed Wealth Management, Inc.64,600$1.06M1.07%+24,000+59.1%Added
Wolverine Asset Management LLC48,233$783.8K0.01%+7,479+18.4%Added
Rareview Capital LLC42,743$694.6K0.64%+42,743New
First Trust Advisors LP40,545$658.9K0.00%−3,494−7.9%Reduced
Thomas J. Herzfeld Advisors, Inc.26,637$432.9K0.16%+26,637New
Wedbush Securities Inc25,362$412.0K0.02%+548+2.2%Added
Marathon Trading Investment Management LLC24,000$390.0K0.08%+24,000New
HighTower Advisors, LLC22,929$370.0K0.00%−588−2.5%Reduced
Jones Road Capital Management, L.P.19,209$312.1K0.33%+1,436+8.1%Added
Nomura Holdings Inc18,426$299.4K0.00%+18,426New
Walleye Capital LLC15,793$256.6K0.00%+15,793New
Catalina Capital Group, LLC14,598$237.2K0.18%+14,598New
Wiley Bros.-Aintree Capital, LLC14,118$230.7K0.06%+14,118New
Weiss Asset Management LP12,792$207.9K0.01%+12,792New
Envestnet Asset Management Inc12,049$195.8K0.00%+12,049New
Carnegie Capital Asset Management, LLC12,000$195.0K0.01%00.0%Unchanged
Walled Lake Planning & Wealth Management, LLC11,767$191.2K0.09%00.0%Unchanged
Lido Advisors, LLC11,608$188.6K0.00%+11,608New
Steward Partners Investment Advisory, LLC3,308$53.8K0.00%+3,308New
Comerica Bank2,851$46.3K0.00%+180+6.7%Added
Hazlett, Burt & Watson, Inc.1,193$19.0K0.01%+26+2.2%Added
Bank of America Corp1,000$16.3K0.00%+1,000New
Colonial Trust Co750$12.2K0.00%00.0%Unchanged
JPMorgan Chase & Co676$11.0K0.00%+676New
Blue Bell Private Wealth Management, LLC600$9.75K0.00%00.0%Unchanged
Bessemer Group Inc544$9.00K0.00%+14+2.6%Added
Advisor Group Holdings, Inc.278$4.52K0.00%−906−76.5%Reduced
American National Bank84$1.36K0.00%+84New
Atlas Wealth LLC0$00.00%−564,690−100.0%Sold out
Raymond James & Associates0$00.00%−15,772−100.0%Sold out
Jane Street Group, LLC0$00.00%−12,664−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−700−100.0%Sold out
Tower Research Capital LLC (TRC)0$00.00%−173−100.0%Sold out
Advisor Partners II, LLC––––Not filed
Claybrook Capital, LLC––––Not filed