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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 2024

Institutional positions in Nuveen Variable Rate Preferred & Income Fund as of Dec 31, 2024. 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
−9 vs. Q3 2024
Shares held
8.89M
+311.1K (+3.6%) vs. Q3 2024
Total value
$162.2M
−$226.7K (−0.1%) vs. Q3 2024
New holders
3
25 more added
Sold out
12
8 more reduced

Compare with Q3 2024: 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 2024: 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 2024: $162.2M
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: $123.1MQ1 2024: $149.1MQ2 2024: $172.6MQ3 2024: $162.4MQ4 2024: $162.2MQ1 2025: $164.1MQ2 2025: $169.7MQ3 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$169.7M
Q1 202546$164.1M
Q4 202442$162.2M
Q3 202451$162.4M
Q2 202443$172.6M
Q1 202442$149.1M
Q4 202342$123.1M
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 2024

Shares, value and share of portfolio for each institution holding Nuveen Variable Rate Preferred & Income Fund; share changes are against Q3 2024.

Institutions holding NPFD in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Sit Investment Associates Inc1,922,761$35.1M0.80%+518,620+36.9%Added
Morgan Stanley1,804,542$32.9M0.00%−506,562−21.9%Reduced
Wells Fargo & Company744,421$13.6M0.00%+604,824+433.3%Added
Thomas J. Herzfeld Advisors, Inc.640,133$11.7M3.74%+5,164+0.8%Added
UBS Group AG587,110$10.7M0.00%+179,017+43.9%Added
Royal Bank of Canada495,179$9.03M0.00%+25,827+5.5%Added
Envestnet Asset Management Inc352,424$6.42M0.00%+1,851+0.5%Added
Invesco Ltd.336,885$6.14M0.00%+16,067+5.0%Added
Pathstone Holdings, LLC302,247$5.51M0.02%−97,883−24.5%Reduced
Penserra Capital Management LLC264,454$4.82M0.09%+17,810+7.2%Added
Cohen & Steers, Inc.205,000$3.74M0.01%+195,000+1,950.0%Added
Rareview Capital LLC188,985$3.58M2.59%+16,680+9.7%Added
Stifel Financial Corp182,721$3.33M0.00%+1,098+0.6%Added
Karpus Management, Inc.166,988$3.04M0.09%−14,720−8.1%Reduced
RSM US Wealth Management LLC94,843$1.73M0.02%+20,221+27.1%Added
First Trust Advisors LP88,232$1.61M0.00%+7,295+9.0%Added
Sanctuary Advisors, LLC71,782$1.37M0.01%−167−0.2%Reduced
Independent Advisor Alliance63,965$1.17M0.02%+63,965New
Seed Wealth Management, Inc.61,600$1.12M0.91%−500−0.8%Reduced
Commonwealth Equity Services, LLC46,427$846.0K0.00%+5,270+12.8%Added
Bramshill Investments, LLC39,466$719.5K0.11%−417−1.0%Reduced
Wedbush Securities Inc25,306$461.0K0.02%+1,424+6.0%Added
Catalina Capital Group, LLC23,548$429.3K0.14%+940+4.2%Added
Concorde Asset Management, LLC22,250$405.6K0.21%+6,050+37.3%Added
Wiley Bros.-Aintree Capital, LLC19,662$369.9K0.00%+4,177+27.0%Added
Cetera Investment Advisers19,850$361.9K0.00%+694+3.6%Added
Jones Road Capital Management, L.P.19,639$358.0K0.25%00.0%Unchanged
Uhlmann Price Securities, LLC19,446$354.5K0.27%+562+3.0%Added
Lido Advisors, LLC15,054$274.4K0.00%00.0%Unchanged
Carnegie Capital Asset Management, LLC12,000$218.8K0.01%00.0%Unchanged
Walled Lake Planning & Wealth Management, LLC11,767$214.5K0.08%00.0%Unchanged
Blue Bell Private Wealth Management, LLC11,297$205.9K0.04%−8,105−41.8%Reduced
K2 Principal Fund, L.P.10,000$182.3K0.03%+10,000New
Advisor Group Holdings, Inc.9,283$169.2K0.00%+5,527+147.2%Added
Comerica Bank2,449$44.6K0.00%−610−19.9%Reduced
Bank of America Corp1,530$27.9K0.00%+770+101.3%Added
Hazlett, Burt & Watson, Inc.1,312$24.0K0.01%+46+3.6%Added
WPG Advisers, LLC946$17.2K0.02%+946New
Geneos Wealth Management Inc.661$12.1K0.00%+217+48.9%Added
Venturi Wealth Management, LLC116$2.12K0.00%+27+30.3%Added
CWM, LLC112$2.00K0.00%00.0%Unchanged
Assetmark, Inc44$8020.00%00.0%Unchanged
Saba Capital Management, L.P.0$00.00%−616,954−100.0%Sold out
Corrado Advisors, LLC0$00.00%−60,590−100.0%Sold out
Matisse Capital0$00.00%−45,244−100.0%Sold out
Walleye Capital LLC0$00.00%−11,448−100.0%Sold out
National Asset Management, Inc.0$00.00%−11,284−100.0%Sold out
PVG Asset Management Corp0$00.00%−10,275−100.0%Sold out
Oppenheimer & Co Inc0$00.00%−10,250−100.0%Sold out
Steward Partners Investment Advisory, LLC0$00.00%−1,800−100.0%Sold out
Colonial Trust Co0$00.00%−750−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−700−100.0%Sold out
Cedar Mountain Advisors, LLC0$00.00%−500−100.0%Sold out
Tower Research Capital LLC (TRC)0$00.00%−263−100.0%Sold out