Sit Investment Associates’s Nuveen Variable Rate Preferred & Income Fund NPFD Stock Holding History

Sit Investment Associates’s Portfolio NPFD Stock Details NPFD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$44M	Sell	2,425,184 -264,484	-10%	-$5.1M	0.89%	23
2025 Q4	$51.2M	Sell	2,689,668 -63,572	-2%	-$1.25M	1.01%	22
2025 Q3	$55M	Sell	2,753,240 -59,670	-2%	-$1.16M	1.11%	18
2025 Q2	$54.2M	Buy	2,812,910 +168,849	+6%	+$3.15M	1.16%	16
2025 Q1	$49.6M	Buy	2,644,061 +721,300	+38%	+$13.6M	1.16%	15
2024 Q4	$35.1M	Buy	1,922,761 +518,620	+37%	+$9.82M	0.8%	21
2024 Q3	$26.6M	Buy	1,404,141 +94,130	+7%	+$1.76M	0.59%	41
2024 Q2	$24.1M	Buy	1,310,011 +103,527	+9%	+$1.82M	0.55%	51
2024 Q1	$21.6M	Buy	1,206,484 +219,474	+22%	+$3.78M	0.5%	57
2023 Q4	$16M	Buy	987,010 +157,051	+19%	+$2.45M	0.39%	75
2023 Q3	$13M	Buy	829,959 +28,651	+4%	+$458K	0.36%	81
2023 Q2	$12.4M	Sell	801,308 -105,112	-12%	-$1.62M	0.32%	87
2023 Q1	$14.4M	Buy	906,420 +167,919	+23%	+$2.97M	0.39%	69
2022 Q4	$13M	Buy	738,501 +670,706	+989%	+$11.7M	0.36%	78
2022 Q3	$1.18M	Buy	67,795 +54,395	+406%	+$1.03M	0.04%	329
2022 Q2	$247K	Buy	+13,400	New	+$263K	0.01%	434

Other funds holding NPFD

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return

Stifel Financial St. Louis, Missouri $109B AUM 21.36% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return

EPW

Evolve Private Wealth Los Angeles, California $1.87B AUM

Sit Investment Associates's NPFD Position: Q1 2026 in Review

Sit Investment Associates reduced its Nuveen Variable Rate Preferred & Income Fund (NPFD) stake by 9.8% in Q1 2026, selling an estimated $5.1M and leaving 2,425,184 shares worth $44M. The position accounts for 0.89% of the portfolio, ranked #23.

Sit Investment Associates first reported a position in NPFD in Q2 2022 and has held it in 16 quarters since. The position peaked at $55M in Q3 2025. 56 funds tracked by Wall St. Rank hold NPFD as of Q1 2026.

Sit Investment Associates held 2,425,184 shares of Nuveen Variable Rate Preferred & Income Fund worth $44M as of Q1 2026.
Sit Investment Associates sold 264,484 Nuveen Variable Rate Preferred & Income Fund shares in Q1 2026, an estimated $5.1M.
Nuveen Variable Rate Preferred & Income Fund made up 0.89% of Sit Investment Associates's portfolio in Q1 2026, its #23 holding.
Sit Investment Associates first reported a position in Nuveen Variable Rate Preferred & Income Fund in Q2 2022 and has held it in 16 quarters since.
Sit Investment Associates's Nuveen Variable Rate Preferred & Income Fund position peaked at $55M in Q3 2025.
56 funds tracked by Wall St. Rank held Nuveen Variable Rate Preferred & Income Fund as of Q1 2026.

Based on Sit Investment Associates's 13F filing for Q1 2026, filed 13 May 2026.