Who owns NPFD?
Institutional ownership of Nuveen Variable Rate Preferred & Income Fund from Form 13F, Q2 2026
51 institutional managers reported holding Nuveen Variable Rate Preferred & Income Fund (NPFD) in Form 13F filings for Q2 2026, with 7,833,586 shares worth $147M. The largest reported holder was Sit Investment Associates Inc. Managers that filed both quarters added a net 74,586 shares (+1.0%). 5 opened new positions and 8 sold out.
- Funds holding
- 51
- Value held
- $147M
- New / sold out
- 5 / 8
- Net shares, same filers
- +1.0%
Holdings as of June 30, 2026, the end of Q2 2026. Managers have 45 days after a quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.
Largest holders of NPFD
| Fund | Value | Share of 13F holdings | Shares | Move |
|---|---|---|---|---|
| Sit Investment Associates Inc | $45.3M | 30.7% | 2,408,758 | Trimmed |
| Morgan Stanley | $37.0M | 25.1% | 1,968,184 | Trimmed |
| Royal Bank of Canada | $11.1M | 7.5% | 587,471 | Trimmed |
| Advisors Asset Management, Inc. | $8.4M | 5.7% | 444,389 | Added |
| UBS Group AG | $7.8M | 5.3% | 416,649 | Added |
| Wells Fargo & Company | $5.1M | 3.5% | 270,297 | Trimmed |
| Invesco Ltd. | $5.0M | 3.4% | 265,957 | Added |
| Atlas Wealth LLC | $5.0M | 3.4% | 263,387 | New |
| Cohen & Steers, Inc. | $3.9M | 2.6% | 205,000 | Unchanged |
| Stifel Financial Corp | $2.9M | 2.0% | 154,395 | Trimmed |
| First Trust Advisors LP | $2.4M | 1.6% | 127,209 | Added |
| Commonwealth Equity Services, LLC | $1.3M | 0.9% | 67,225 | Added |
| Evolve Private Wealth, LLC | $1.2M | 0.8% | 64,082 | Trimmed |
| Closed-End Fund Advisors, Inc. | $970K | 0.7% | 51,519 | Trimmed |
| Summit Financial, LLC | $957K | 0.6% | 50,421 | Added |
| Cetera Investment Advisers | $895K | 0.6% | 47,557 | Trimmed |
| Envestnet Asset Management Inc | $797K | 0.5% | 42,371 | Trimmed |
| Equitable Holdings, Inc. | $783K | 0.5% | 41,584 | Added |
| Wedbush Securities Inc | $694K | 0.5% | 36,897 | Added |
| Janney Montgomery Scott LLC | $577K | 0.4% | 30,635 | Added |
| Bessemer Group Inc | $527K | 0.4% | 27,976 | Unchanged |
| Bank of America Corp | $440K | 0.3% | 23,357 | Trimmed |
| Uhlmann Price Securities, LLC | $382K | 0.3% | 20,294 | Added |
| Global Retirement Partners, LLC | $372K | 0.3% | 19,744 | First report |
| LPL Financial LLC | $355K | 0.2% | 18,883 | Trimmed |
Share of 13F holdings is each fund's shares as a share of the 7,833,586 NPFD shares all 13F filers reported, not of shares outstanding.
Biggest buyers in Q2 2026
- Atlas Wealth LLC New+$5.0M
- Advisors Asset Management, Inc. Added+$1.1M
- UBS Group AG Added+$622K
- Virtu Financial LLC New+$275K
- Osaic Holdings, Inc. Added+$274K
- Arax Advisory Partners New+$115K
- Invesco Ltd. Added+$115K
- Wedbush Securities Inc Added+$113K
- First Trust Advisors LP Added+$99K
- Janney Montgomery Scott LLC Added+$96K
Biggest sellers in Q2 2026
- Wells Fargo & Company Trimmed-$2.2M
- Royal Bank of Canada Trimmed-$1.3M
- Morgan Stanley Trimmed-$532K
- Envestnet Asset Management Inc Trimmed-$363K
- Sit Investment Associates Inc Trimmed-$309K
- Millennium Management LLC Trimmed-$294K
- HRT Financial LP Sold out-$285K
- Cetera Investment Advisers Trimmed-$258K
- Carnegie Investment Counsel Sold out-$218K
- Wolverine Asset Management LLC Sold out-$161K
The change in shares since the quarter before, adjusted for stock splits and priced at the Q2 2026 value per share. Funds bought $7.9M and sold $6.4M; 13 added and 18 trimmed.
Schedule 13D and 13G filings on NPFD
Owners of more than 5% must file within days, so these can be newer than the 13F data.
- 2026-04-30FIRST TRUST PORTFOLIOS LP SCHEDULE 13G filed by Nuveen Variable Rate Preferred & Income FundSchedule 13G
- 2025-02-04MORGAN STANLEY SCHEDULE 13G filed by Nuveen Variable Rate Preferred & Income FundSchedule 13G
Questions about NPFD ownership
- Who owns NPFD stock?
- 51 institutional investment managers reported NPFD positions in their Form 13F filings for Q2 2026, holding 7,833,586 shares worth $147M in total. Sit Investment Associates Inc reported the largest position.
- Are funds buying or selling NPFD?
- In Q2 2026, 5 managers opened new NPFD positions, 13 added, 18 trimmed and 8 sold out. Managers that filed in both quarters added a net 74,586 shares.
- How current is this NPFD institutional ownership data?
- It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.
From the SEC's Form 13F data sets for Q2 2026: every 13F holdings report, matched to NPFD by CUSIP. Options are left out. NPFD news and filings · NPFD insider trades · Top funds