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 2025
Institutional positions in Nuveen Variable Rate Preferred & Income Fund as of Dec 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
- 48
- +3 vs. Q3 2025
- Shares held
- 8.21M
- −335.9K (−3.9%) vs. Q3 2025
- Total value
- $156.2M
- −$14.3M (−8.4%) vs. Q3 2025
- New holders
- 8
- 11 more added
- Sold out
- 5
- 19 more reduced
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Nuveen Variable Rate Preferred & Income Fund; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Sit Investment Associates Inc | 2,689,668 | $51.2M | 1.01% | −63,572−2.3% | Reduced |
| Morgan Stanley | 1,978,914 | $37.7M | 0.00% | −14,077−0.7% | Reduced |
| Royal Bank of Canada | 637,001 | $12.1M | 0.00% | +63,041+11.0% | Added |
| UBS Group AG | 395,681 | $7.53M | 0.00% | −56,954−12.6% | Reduced |
| Penserra Capital Management LLC | 367,533 | $6.99M | 0.08% | +34,033+10.2% | Added |
| Wells Fargo & Company | 346,813 | $6.60M | 0.00% | −141,043−28.9% | Reduced |
| Advisors Asset Management, Inc. | 277,670 | $5.28M | 0.09% | +106,171+61.9% | Added |
| Invesco Ltd. | 273,556 | $5.21M | 0.00% | −31,619−10.4% | Reduced |
| Cohen & Steers, Inc. | 205,000 | $3.90M | 0.01% | 00.0% | Unchanged |
| Stifel Financial Corp | 189,634 | $3.61M | 0.00% | +7,803+4.3% | Added |
| First Trust Advisors LP | 109,628 | $2.09M | 0.00% | +3,276+3.1% | Added |
| Closed-End Fund Advisors, Inc. | 78,578 | $1.50M | 0.88% | +78,578 | New |
| Evolve Private Wealth, LLC | 68,705 | $1.31M | 0.08% | +68,705 | New |
| Commonwealth Equity Services, LLC | 62,255 | $1.18M | 0.00% | +2,173+3.6% | Added |
| Rareview Capital LLC | 53,778 | $1.04M | 0.67% | +4,692+9.6% | Added |
| Envestnet Asset Management Inc | 47,360 | $901.3K | 0.00% | −137,840−74.4% | Reduced |
| Cetera Investment Advisers | 45,278 | $861.7K | 0.00% | +6,764+17.6% | Added |
| Wedbush Securities Inc | 29,379 | $559.0K | 0.02% | −375−1.3% | Reduced |
| Janney Montgomery Scott LLC | 26,560 | $505.0K | 0.00% | +1,600+6.4% | Added |
| Concorde Asset Management, LLC | 26,100 | $496.7K | 0.20% | +300+1.2% | Added |
| Jane Street Group, LLC | 24,599 | $468.1K | 0.00% | +24,599 | New |
| Catalina Capital Group, LLC | 23,579 | $448.7K | 0.28% | +45+0.2% | Added |
| Seed Wealth Management, Inc. | 21,550 | $410.1K | 0.28% | −1,000−4.4% | Reduced |
| Smith Chas P & Associates Pa Cpas | 21,000 | $399.6K | 0.02% | 00.0% | Unchanged |
| Uhlmann Price Securities, LLC | 19,553 | $372.1K | 0.22% | −189−1.0% | Reduced |
| Global Retirement Partners, LLC | 17,478 | $332.6K | 0.01% | +17,478 | New |
| Wiley Bros.-Aintree Capital, LLC | 16,081 | $306.0K | 0.00% | −1,034−6.0% | Reduced |
| Lido Advisors, LLC | 15,109 | $304.1K | 0.00% | 00.0% | Unchanged |
| LPL Financial LLC | 15,606 | $297.0K | 0.00% | −223−1.4% | Reduced |
| Sage Capital Management, LLC | 13,500 | $256.9K | 0.12% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 12,537 | $241.8K | 0.00% | −19,995−61.5% | Reduced |
| Accredited Investor Services, LLC | 12,409 | $236.1K | 0.16% | −462−3.6% | Reduced |
| Virtu Financial LLC | 12,167 | $232.0K | 0.01% | +12,167 | New |
| Carnegie Capital Asset Management, LLC | 12,000 | $228.4K | 0.00% | 00.0% | Unchanged |
| Walled Lake Planning & Wealth Management, LLC | 11,767 | $223.9K | 0.07% | 00.0% | Unchanged |
| Summit Financial, LLC | 11,232 | $213.7K | 0.00% | −2,346−17.3% | Reduced |
| Merit Financial Group, LLC | 10,535 | $200.5K | 0.00% | −242−2.2% | Reduced |
| Ritter Daniher Financial Advisory LLC | 9,347 | $177.9K | 0.03% | +9,347 | New |
| Advisor Group Holdings, Inc. | 6,036 | $114.9K | 0.00% | −2,696−30.9% | Reduced |
| Wolverine Asset Management LLC | 3,060 | $58.2K | 0.00% | +3,060 | New |
| Pinnacle Wealth Planning Services, Inc. | 2,911 | $55.4K | 0.01% | +2,911 | New |
| CoreCap Advisors, LLC | 2,539 | $48.3K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 1,737 | $33.0K | 0.00% | −830−32.3% | Reduced |
| WPG Advisers, LLC | 1,179 | $22.4K | 0.02% | −1−0.1% | Reduced |
| US Bancorp | 947 | $18.0K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 821 | $15.6K | 0.00% | −405−33.0% | Reduced |
| Bank of America Corp | 342 | $6.51K | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 44 | $837 | 0.00% | 00.0% | Unchanged |
| Thomas J. Herzfeld Advisors, Inc. | 0 | $0 | 0.00% | −261,335−100.0% | Sold out |
| Bramshill Investments, LLC | 0 | $0 | 0.00% | −38,484−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −6,216−100.0% | Sold out |
| Newbridge Financial Services Group, Inc. | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −700−100.0% | Sold out |