Who Owns Nuveen Variable Rate Preferred & Income Fund (NPFD)?Hedge Fund & Institutional Holders

$19.09+0.03 (+0.16%)TechnologyNYSE

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$1.200000074410005e+215T

% of Float Held

—

QoQ Change in Holders

+12 / -4

Price History

$17.26$17.96$18.65$19.34$20.04Aug 24Jun 25Mar 26

NPFD — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
Advisors Asset Management, Inc.Increased+106K+$1.6B
COMMONWEALTH EQUITY SERVICES, LLCNew Position+62K+$1.0B
ROYAL BANK OF CANADAIncreased+63K+$544.0M
Catalina Capital Group, LLCNew Position+24K+$448.0M
Sage Capital Management, LLCNew Position+14K+$256.0M
ACCREDITED INVESTOR SERVICES, LLCNew Position+12K+$236.0M
Carnegie Investment CounselNew Position+12K+$228.0M
Rareview Capital LLCIncreased+5K+$89.6M
WOLVERINE ASSET MANAGEMENT LLCNew Position+3K+$58.0M
CoreCap Advisors, LLCNew Position+3K+$48.0M
WPG Advisers, LLCNew Position+1K+$22.0M
Penserra Capital Management LLCNew Position+368K+$6.0M
Closed-End Fund Advisors, Inc.New Position+79K+$1.5M
EVOLVE PRIVATE WEALTH, LLCNew Position+69K+$1.0M
Virtu Financial LLCNew Position+12K+$232K

NPFD — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
Thomas J. Herzfeld Advisors, Inc.Closed Position-261K-$5.2B
WELLS FARGO & COMPANY/MNDecreased-141K-$3.7B
UBS Group AGDecreased-57K-$1.5B
Invesco Ltd.Decreased-32K-$886.3M
Bramshill Investments, LLCClosed Position-38K-$768.1M
CHOREO, LLCDecreased-20K-$652.8M
&PARTNERSDecreased-1K-$341.6M
LPL Financial LLCDecreased-223-$315.9M
OSAIC HOLDINGS, INC.Decreased-3K-$171.9M
Advisory Services Network, LLCClosed Position-6K-$124.1M
Seed Wealth Management, Inc.Decreased-1K-$40.1M
Rockefeller Capital Management L.P.Decreased-405-$24.5M
UHLMANN PRICE SECURITIES, LLCDecreased-189-$22.0M
Newbridge Financial Services Group, Inc.Closed Position-1K-$20.0M
COMERICA BANKDecreased-830-$19.2M

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1ROYAL BANK OF CANADA636,512$12.0B0.00%Share
2UBS Group AG391,023$7.4B0.00%Share
3Advisors Asset Management, Inc.276,932$5.0B0.08%Share
4Invesco Ltd.232,301$4.4B0.00%Share
5WELLS FARGO & COMPANY/MN239,998$4.0B0.00%Share
6WELLS FARGO & COMPANY/MN106,815$2.0B0.00%Share
7STIFEL FINANCIAL CORP148,382$2.0B0.00%Share
8FIRST TRUST ADVISORS LP109,628$2.0B0.00%Share
9Rareview Capital LLC53,778$1.0B0.67%Share
10COMMONWEALTH EQUITY SERVICES, LLC62,255$1.0B0.00%Share
11Invesco Ltd.41,255$785.0M0.00%Share
12Concorde Asset Management, LLC26,100$496.0M0.20%Share
13Catalina Capital Group, LLC23,579$448.0M0.27%Share
14Seed Wealth Management, Inc.21,550$410.0M0.28%Share
15SMITH CHAS P & ASSOCIATES PA CPAS21,000$399.0M0.02%Share
16UHLMANN PRICE SECURITIES, LLC19,553$372.0M0.22%Share
17Sage Capital Management, LLC13,500$256.0M0.12%Share
18ACCREDITED INVESTOR SERVICES, LLC12,409$236.0M0.16%Share
19Carnegie Investment Counsel12,000$228.0M0.00%Share
20WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC11,767$223.0M0.07%Share
21WOLVERINE ASSET MANAGEMENT LLC3,060$58.0M0.00%Share
22SIT INVESTMENT ASSOCIATES INC2,689,668$51.0M1.02%Share
23UBS Group AG2,597$49.0M0.00%Share
24CoreCap Advisors, LLC2,539$48.0M0.00%Share
25UBS Group AG2,061$39.0M0.00%Share
26MORGAN STANLEY1,436,480$27.0M0.00%Share
27WPG Advisers, LLC1,179$22.0M0.02%Share
28US BANCORP \DE\947$18.0M0.00%Share
29COMERICA BANK897$17.0M0.00%Share
30COMERICA BANK840$15.0M0.00%Share
31Penserra Capital Management LLC367,533$6.0M0.07%Share
32MORGAN STANLEY367,055$6.0M0.00%Share
33COHEN & STEERS, INC.205,000$3.9M0.01%Share
34MORGAN STANLEY175,161$3.0M0.00%Share
35Closed-End Fund Advisors, Inc.78,578$1.5M0.88%Share
36EVOLVE PRIVATE WEALTH, LLC68,705$1.0M0.06%Share
37CHOREO, LLC12,537$241K0.00%Share
38Virtu Financial LLC12,167$232K0.01%Share
39Merit Financial Group, LLC10,535$200K0.00%Share
40ROYAL BANK OF CANADA489$00.00%Share
41Cetera Investment Advisers45,278$00.00%Share
42WEDBUSH SECURITIES INC29,379$00.00%Share
43MORGAN STANLEY11$00.00%Share
44MORGAN STANLEY207$00.00%Share
45Global Retirement Partners, LLC17,478$00.00%Share
46OSAIC HOLDINGS, INC.6,036$00.00%Share
47ENVESTNET ASSET MANAGEMENT INC47,360$00.00%Share
48LPL Financial LLC15,606$00.00%Share
49Janney Montgomery Scott LLC26,560$00.00%Share
50Summit Financial, LLC11,232$00.00%Share

NPFD Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 202548$45.1B+14
Q3 202534$57.3B-3
Q2 202537$61.1B-7
Q1 202544$103.5B+5
Q4 202439$1.8T+6
Q3 202433$8.4T+2
Q2 202431$6.8T+3
Q1 202428$3.8T—

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As of Q4 2025, 50 institutional investors hold NPFD (Nuveen Variable Rate Preferred & Income Fund). The largest holder is ROYAL BANK OF CANADA with $12.0B in shares. This quarter, 12 institutions opened new positions and 4 closed their positions.

Frequently Asked Questions

How many hedge funds own NPFD?

As of Q4 2025, 50 institutional investors report holding NPFD (Nuveen Variable Rate Preferred & Income Fund) in their 13F filings.

Who is the largest institutional holder of NPFD?

The largest institutional holder of NPFD is ROYAL BANK OF CANADA with $12.0B in shares.

Is institutional ownership of NPFD increasing or decreasing?

This quarter, 12 institutions opened new positions in NPFD and 4 closed their positions.