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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, Q1 2025

Institutional positions in Nuveen Variable Rate Preferred & Income Fund as of Mar 31, 2025. 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
46
+4 vs. Q4 2024
Shares held
8.74M
−141.5K (−1.6%) vs. Q4 2024
Total value
$164.1M
+$1.92M (+1.2%) vs. Q4 2024
New holders
9
18 more added
Sold out
5
12 more reduced

Compare with Q4 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 holdersQ1 2025: 46 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 heldQ1 2025: $164.1M
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, Q1 2025

Shares, value and share of portfolio for each institution holding Nuveen Variable Rate Preferred & Income Fund; share changes are against Q4 2024.

Institutions holding NPFD in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Sit Investment Associates Inc2,644,061$49.6M1.16%+721,300+37.5%Added
Morgan Stanley1,771,213$33.2M0.00%−33,329−1.8%Reduced
Wells Fargo & Company882,365$16.6M0.00%+137,944+18.5%Added
Royal Bank of Canada546,927$10.3M0.00%+51,748+10.5%Added
UBS Group AG539,477$10.1M0.00%−47,633−8.1%Reduced
Thomas J. Herzfeld Advisors, Inc.410,089$7.70M2.62%−230,044−35.9%Reduced
Invesco Ltd.346,087$6.50M0.00%+9,202+2.7%Added
Penserra Capital Management LLC268,161$5.03M0.09%+3,707+1.4%Added
Envestnet Asset Management Inc248,416$4.66M0.00%−104,008−29.5%Reduced
Cohen & Steers, Inc.205,000$3.85M0.01%00.0%Unchanged
Stifel Financial Corp185,905$3.49M0.00%+3,184+1.7%Added
First Trust Advisors LP89,457$1.68M0.00%+1,225+1.4%Added
Rareview Capital LLC73,162$1.37M0.87%−115,823−61.3%Reduced
RSM US Wealth Management LLC62,349$1.18M0.02%−32,494−34.3%Reduced
Commonwealth Equity Services, LLC55,384$1.04M0.00%+8,957+19.3%Added
Pathstone Holdings, LLC46,670$882.3K0.00%−255,577−84.6%Reduced
Bramshill Investments, LLC39,508$741.6K0.08%+42+0.1%Added
Goldman Sachs Group Inc35,692$669.9K0.00%+35,692New
Concorde Asset Management, LLC28,400$516.9K0.28%+6,150+27.6%Added
Wedbush Securities Inc26,900$505.0K0.02%+1,594+6.3%Added
Seed Wealth Management, Inc.26,719$501.5K0.41%−34,881−56.6%Reduced
Jones Road Capital Management, L.P.23,600$443.0K0.32%+3,961+20.2%Added
Catalina Capital Group, LLC23,548$442.0K0.29%00.0%Unchanged
Cetera Investment Advisers20,519$385.1K0.00%+669+3.4%Added
Uhlmann Price Securities, LLC18,917$355.1K0.26%−529−2.7%Reduced
Wiley Bros.-Aintree Capital, LLC16,717$315.3K0.00%−2,945−15.0%Reduced
Lido Advisors, LLC15,054$285.1K0.00%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.13,612$255.0K0.00%+13,612New
Accredited Investor Services, LLC12,595$236.4K0.20%+12,595New
Sage Capital Management, LLC12,500$234.6K0.13%+12,500New
Walled Lake Planning & Wealth Management, LLC11,767$220.9K0.08%00.0%Unchanged
Carnegie Capital Asset Management, LLC12,000$207.1K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.10,705$200.9K0.00%+1,422+15.3%Added
Blue Bell Private Wealth Management, LLC6,365$119.5K0.02%−4,932−43.7%Reduced
Geneos Wealth Management Inc.5,357$100.6K0.00%+4,696+710.4%Added
Comerica Bank2,511$47.1K0.00%+62+2.5%Added
Boston Private Wealth LLC1,531$28.7K0.00%+1,531New
Hazlett, Burt & Watson, Inc.1,335$25.0K0.01%+23+1.8%Added
WPG Advisers, LLC1,206$22.6K0.02%+260+27.5%Added
US Bancorp947$17.8K0.00%+947New
Bank of America Corp760$14.3K0.00%−770−50.3%Reduced
FNY Investment Advisers, LLC700$13.0K0.01%+700New
JPMorgan Chase & Co320$6.01K0.00%+320New
Coldstream Capital Management Inc266$4.99K0.00%+266New
CWM, LLC112$2.00K0.00%00.0%Unchanged
Assetmark, Inc44$8260.00%00.0%Unchanged
Karpus Management, Inc.0$00.00%−166,988−100.0%Sold out
Sanctuary Advisors, LLC0$00.00%−71,782−100.0%Sold out
Independent Advisor Alliance0$00.00%−63,965−100.0%Sold out
K2 Principal Fund, L.P.0$00.00%−10,000−100.0%Sold out
Venturi Wealth Management, LLC0$00.00%−116−100.0%Sold out