Nuveen Variable Rate Preferred & Income Fund
NPFD
51 hedge funds and large institutions have $148M invested in Nuveen Variable Rate Preferred & Income Fund in 2026 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 9 closing their positions.
19% more capital inflows, than outflows
Capital inflows: $8.22M | Capital outflows: $6.91M
0.22% more ownership
Funds ownership: 32.26% → 32.48% (+0.22%)
9% less funds holding
Funds holding: 56 → 51 (-5)
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$4.98M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
+$1.07M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$625K |
| 4 |
Virtu Financial
New York
|
+$276K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.21M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.33M |
| 3 |
Morgan Stanley
New York
|
-$534K |
| 4 |
Concorde Asset Management
Ann Arbor,
Michigan
|
-$447K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$365K |
NPFD Hedge Fund Activity: Q2 2026 in Review
51 of the 8,365 institutional investors tracked by Wall St. Rank reported a position in Nuveen Variable Rate Preferred & Income Fund (NPFD) for Q2 2026, worth a combined $148M — up 4.4% from $141M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NPFD and 5 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 13 added.
The largest buyer was Atlas Wealth, opening a new position worth an estimated $4.98M. The largest seller was Wells Fargo, cutting an estimated $2.21M.
- 51 institutional investors held Nuveen Variable Rate Preferred & Income Fund (NPFD) as of Q2 2026, down from 56 in Q1 2026.
- Funds reported $148M of Nuveen Variable Rate Preferred & Income Fund stock for Q2 2026, up 4.4% quarter-over-quarter.
- 5 funds opened new Nuveen Variable Rate Preferred & Income Fund positions in Q2 2026 and 9 closed out, a net change of -4 holders.
- The largest Nuveen Variable Rate Preferred & Income Fund buyer in Q2 2026 was Atlas Wealth, an estimated $4.98M added.
- The largest Nuveen Variable Rate Preferred & Income Fund seller in Q2 2026 was Wells Fargo, an estimated $2.21M sold.
Based on aggregated 13F filings for Q2 2026.