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 2026
Institutional positions in Nuveen Variable Rate Preferred & Income Fund as of Mar 31, 2026. 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
- 56
- +10 vs. Q4 2025
- Shares held
- 7.79M
- −395.3K (−4.8%) vs. Q4 2025
- Total value
- $141.5M
- −$14.4M (−9.2%) vs. Q4 2025
- New holders
- 14
- 20 more added
- Sold out
- 4
- 15 more reduced
2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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 | $169.7M |
| Q1 2025 | 46 | $164.1M |
| Q4 2024 | 42 | $162.2M |
| Q3 2024 | 51 | $162.4M |
| Q2 2024 | 43 | $172.6M |
| Q1 2024 | 42 | $149.1M |
| Q4 2023 | 42 | $123.1M |
| 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, Q1 2026
Shares, value and share of portfolio for each institution holding Nuveen Variable Rate Preferred & Income Fund; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Sit Investment Associates Inc | 2,425,184 | $44.0M | 0.89% | −264,484−9.8% | Reduced |
| Morgan Stanley | 1,996,439 | $36.2M | 0.00% | +17,525+0.9% | Added |
| Royal Bank of Canada | 657,842 | $11.9M | 0.00% | +20,841+3.3% | Added |
| Advisors Asset Management, Inc. | 387,562 | $7.03M | 0.12% | +109,892+39.6% | Added |
| Wells Fargo & Company | 387,368 | $7.03M | 0.00% | +40,555+11.7% | Added |
| UBS Group AG | 383,581 | $6.96M | 0.00% | −12,100−3.1% | Reduced |
| Invesco Ltd. | 259,859 | $4.72M | 0.00% | −13,697−5.0% | Reduced |
| Cohen & Steers, Inc. | 205,000 | $3.72M | 0.01% | 00.0% | Unchanged |
| Stifel Financial Corp | 156,222 | $2.84M | 0.00% | −33,412−17.6% | Reduced |
| First Trust Advisors LP | 121,961 | $2.21M | 0.00% | +12,333+11.2% | Added |
| Evolve Private Wealth, LLC | 68,788 | $1.25M | 0.07% | +83+0.1% | Added |
| Commonwealth Equity Services, LLC | 64,570 | $1.17M | 0.00% | +2,315+3.7% | Added |
| Envestnet Asset Management Inc | 61,670 | $1.12M | 0.00% | +14,310+30.2% | Added |
| Cetera Investment Advisers | 61,262 | $1.11M | 0.00% | +15,984+35.3% | Added |
| Closed-End Fund Advisors, Inc. | 54,494 | $989.1K | 1.01% | −24,084−30.6% | Reduced |
| Summit Financial, LLC | 49,998 | $915.3K | 0.01% | +38,766+345.1% | Added |
| Equitable Holdings, Inc. | 41,380 | $751.0K | 0.00% | +41,380 | New |
| Wedbush Securities Inc | 30,914 | $561.0K | 0.02% | +1,535+5.2% | Added |
| Bessemer Group Inc | 27,976 | $508.0K | 0.00% | +27,976 | New |
| Millennium Management LLC | 27,970 | $507.7K | 0.00% | +27,970 | New |
| Bank of America Corp | 26,858 | $487.5K | 0.00% | +26,516+7,753.2% | Added |
| Janney Montgomery Scott LLC | 25,560 | $464.0K | 0.00% | −1,000−3.8% | Reduced |
| Concorde Asset Management, LLC | 24,400 | $446.7K | 0.22% | −1,700−6.5% | Reduced |
| LPL Financial LLC | 20,593 | $373.8K | 0.00% | +4,987+32.0% | Added |
| Uhlmann Price Securities, LLC | 19,866 | $360.6K | 0.02% | +313+1.6% | Added |
| Smith Chas P & Associates Pa Cpas | 18,000 | $326.7K | 0.02% | −3,000−14.3% | Reduced |
| Seed Wealth Management, Inc. | 17,030 | $309.1K | 0.21% | −4,520−21.0% | Reduced |
| HRT Financial LP | 15,756 | $285.0K | 0.00% | +15,756 | New |
| Lido Advisors, LLC | 15,054 | $275.6K | 0.00% | −55−0.4% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 15,029 | $272.8K | 0.00% | −1,052−6.5% | Reduced |
| RSM US Wealth Management LLC | 13,747 | $251.7K | 0.00% | +1,210+9.7% | Added |
| Sage Capital Management, LLC | 13,500 | $245.0K | 0.12% | 00.0% | Unchanged |
| Catalina Capital Group, LLC | 12,572 | $228.2K | 0.14% | −11,007−46.7% | Reduced |
| Accredited Investor Services, LLC | 12,032 | $218.4K | 0.14% | −377−3.0% | Reduced |
| Carnegie Capital Asset Management, LLC | 12,000 | $217.8K | 0.00% | 00.0% | Unchanged |
| Walled Lake Planning & Wealth Management, LLC | 11,767 | $213.6K | 0.06% | 00.0% | Unchanged |
| Merit Financial Group, LLC | 10,700 | $194.2K | 0.00% | +165+1.6% | Added |
| Wolverine Asset Management LLC | 8,877 | $161.1K | 0.00% | +5,817+190.1% | Added |
| Advisory Services Network, LLC | 6,216 | $112.8K | 0.00% | +6,216 | New |
| Ritter Daniher Financial Advisory LLC | 4,767 | $86.5K | 0.01% | −4,580−49.0% | Reduced |
| Advisor Group Holdings, Inc. | 3,484 | $63.2K | 0.00% | −2,552−42.3% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 3,114 | $56.5K | 0.01% | +203+7.0% | Added |
| Barclays PLC | 2,800 | $50.8K | 0.00% | +2,800 | New |
| CoreCap Advisors, LLC | 2,539 | $46.1K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 1,533 | $27.8K | 0.00% | +1,533 | New |
| WPG Advisers, LLC | 1,380 | $25.0K | 0.02% | +201+17.0% | Added |
| Rockefeller Capital Management L.P. | 1,227 | $22.3K | 0.00% | +406+49.5% | Added |
| US Bancorp | 947 | $17.2K | 0.00% | 00.0% | Unchanged |
| FNY Investment Advisers, LLC | 700 | $12.0K | 0.01% | +700 | New |
| Whittier Trust Co of Nevada Inc | 533 | $9.90K | 0.00% | +533 | New |
| BlackRock, Inc. | 495 | $8.98K | 0.00% | +495 | New |
| Farther Finance Advisors, LLC | 458 | $8.51K | 0.00% | +458 | New |
| Osbon Capital Management LLC | 377 | $6.84K | 0.01% | +377 | New |
| Root Financial Partners, LLC | 196 | $3.56K | 0.00% | +196 | New |
| Assetmark, Inc | 44 | $799 | 0.00% | 00.0% | Unchanged |
| Motco | 37 | $672 | 0.00% | +37 | New |
| Penserra Capital Management LLC | 0 | $0 | 0.00% | −367,533−100.0% | Sold out |
| Rareview Capital LLC | 0 | $0 | 0.00% | −53,778−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −24,599−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −12,167−100.0% | Sold out |
| Global Retirement Partners, LLC | – | – | – | – | Not filed |
| Comerica Bank | – | – | – | – | Not filed |