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, Q3 2025
Institutional positions in Nuveen Variable Rate Preferred & Income Fund as of Sep 30, 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
- 45
- +2 vs. Q2 2025
- Shares held
- 8.54M
- −257.2K (−2.9%) vs. Q2 2025
- Total value
- $170.5M
- +$815.9K (+0.5%) vs. Q2 2025
- New holders
- 6
- 16 more added
- Sold out
- 4
- 15 more reduced
Compare with Q2 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 51 | $147.7M |
| Q1 2026 | 56 | $141.5M |
| Q4 2025 | 48 | $156.2M |
| Q3 2025 | 45 | $170.5M |
| Q2 2025 | 43 | $180.2M |
| Q1 2025 | 46 | $164.2M |
| Q4 2024 | 42 | $162.2M |
| Q3 2024 | 51 | $162.4M |
| Q2 2024 | 43 | $172.6M |
| Q1 2024 | 42 | $244.8M |
| Q4 2023 | 42 | $165.9M |
| Q3 2023 | 33 | $102.8M |
| Q2 2023 | 39 | $87.4M |
| Q1 2023 | 36 | $70.7M |
| Q4 2022 | 35 | $64.5M |
| Q3 2022 | 26 | $20.6M |
| Q2 2022 | 18 | $16.8M |
| Q1 2022 | 12 | $14.3M |
| Q4 2021 | 10 | $8.42M |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Nuveen Variable Rate Preferred & Income Fund; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Sit Investment Associates Inc | 2,753,240 | $55.0M | 1.11% | −59,670−2.1% | Reduced |
| Morgan Stanley | 1,992,991 | $39.8M | 0.00% | +89,390+4.7% | Added |
| Royal Bank of Canada | 573,960 | $11.5M | 0.00% | +26,964+4.9% | Added |
| Wells Fargo & Company | 487,856 | $9.74M | 0.00% | −298,394−38.0% | Reduced |
| UBS Group AG | 452,635 | $9.03M | 0.00% | −113,112−20.0% | Reduced |
| Penserra Capital Management LLC | 333,500 | $6.66M | 0.08% | +57,190+20.7% | Added |
| Invesco Ltd. | 305,175 | $6.09M | 0.00% | −50,786−14.3% | Reduced |
| Thomas J. Herzfeld Advisors, Inc. | 261,335 | $5.22M | 1.79% | −46,150−15.0% | Reduced |
| Cohen & Steers, Inc. | 205,000 | $4.09M | 0.01% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 185,200 | $3.70M | 0.00% | −41,253−18.2% | Reduced |
| Stifel Financial Corp | 181,831 | $3.63M | 0.00% | −20,282−10.0% | Reduced |
| Advisors Asset Management, Inc. | 171,499 | $3.42M | 0.06% | +100,227+140.6% | Added |
| First Trust Advisors LP | 106,352 | $2.12M | 0.00% | +13,513+14.6% | Added |
| Commonwealth Equity Services, LLC | 60,082 | $1.20M | 0.00% | +140.0% | Added |
| Rareview Capital LLC | 49,086 | $946.4K | 0.58% | +5,671+13.1% | Added |
| Cetera Investment Advisers | 38,514 | $768.7K | 0.00% | +16,608+75.8% | Added |
| Bramshill Investments, LLC | 38,484 | $768.1K | 0.05% | −916−2.3% | Reduced |
| RSM US Wealth Management LLC | 32,532 | $653.0K | 0.01% | −4,270−11.6% | Reduced |
| Wedbush Securities Inc | 29,754 | $594.0K | 0.02% | +1,310+4.6% | Added |
| Concorde Asset Management, LLC | 25,800 | $513.8K | 0.21% | +25,800 | New |
| Janney Montgomery Scott LLC | 24,960 | $498.0K | 0.00% | +24,960 | New |
| Catalina Capital Group, LLC | 23,534 | $469.7K | 0.29% | −14−0.1% | Reduced |
| Seed Wealth Management, Inc. | 22,550 | $450.1K | 0.31% | −800−3.4% | Reduced |
| Smith Chas P & Associates Pa Cpas | 21,000 | $419.2K | 0.04% | −1,000−4.5% | Reduced |
| Uhlmann Price Securities, LLC | 19,742 | $394.0K | 0.24% | +755+4.0% | Added |
| Wiley Bros.-Aintree Capital, LLC | 17,115 | $341.6K | 0.00% | +109+0.6% | Added |
| LPL Financial LLC | 15,829 | $315.9K | 0.00% | +3,800+31.6% | Added |
| Lido Advisors, LLC | 15,109 | $304.1K | 0.00% | +55+0.4% | Added |
| Summit Financial, LLC | 13,578 | $271.0K | 0.00% | +13,578 | New |
| Sage Capital Management, LLC | 13,500 | $269.5K | 0.12% | +1,000+8.0% | Added |
| Accredited Investor Services, LLC | 12,871 | $256.9K | 0.18% | −223−1.7% | Reduced |
| Carnegie Capital Asset Management, LLC | 12,000 | $239.5K | 0.00% | 00.0% | Unchanged |
| Walled Lake Planning & Wealth Management, LLC | 11,767 | $234.9K | 0.08% | 00.0% | Unchanged |
| Merit Financial Group, LLC | 10,777 | $215.1K | 0.00% | +288+2.7% | Added |
| Advisor Group Holdings, Inc. | 8,732 | $171.9K | 0.00% | −65−0.7% | Reduced |
| Advisory Services Network, LLC | 6,216 | $124.1K | 0.00% | +6,216 | New |
| Comerica Bank | 2,567 | $51.2K | 0.00% | −1,030−28.6% | Reduced |
| CoreCap Advisors, LLC | 2,539 | $50.7K | 0.00% | +2,539 | New |
| Rockefeller Capital Management L.P. | 1,226 | $24.5K | 0.00% | +1,226 | New |
| WPG Advisers, LLC | 1,180 | $23.6K | 0.02% | +83+7.6% | Added |
| Newbridge Financial Services Group, Inc. | 1,000 | $20.0K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 947 | $18.9K | 0.00% | 00.0% | Unchanged |
| FNY Investment Advisers, LLC | 700 | $13.0K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 342 | $6.83K | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 44 | $878 | 0.00% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 0 | $0 | 0.00% | −6,168−100.0% | Sold out |
| Raymond James Financial Inc | 0 | $0 | 0.00% | −3,586−100.0% | Sold out |
| Blue Bell Private Wealth Management, LLC | 0 | $0 | 0.00% | −620−100.0% | Sold out |
| CWM, LLC | 0 | $0 | 0.00% | −112−100.0% | Sold out |