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Nuveen Variable Rate Preferred & Income Fund

42 hedge funds and large institutions have $162M invested in Nuveen Variable Rate Preferred & Income Fund in 2024 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 25 increasing their positions, 8 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

213% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 8

1.29% more ownership

Funds ownership: 35.49%36.78% (+1.3%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% less capital invested

Capital invested by funds: $162M → $162M (-$227K)

18% less funds holding

Funds holding: 5142 (-9)

75% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 12

Holders
42
Holders Change
-9
Holders Change %
-17.65%
% of All Funds
0.55%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
3
Increased
25
Reduced
8
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CT
51
Colonial Trust
South Carolina
-$14.2K -750 Closed
FIA
52
FNY Investment Advisers
New York
-$13K -700 Closed
CMA
53
Cedar Mountain Advisors
Oregon
-$9.47K -500 Closed
TRCT
54
Tower Research Capital (TRC)
New York
-$4.98K -263 Closed

NPFD Hedge Fund Activity: Q4 2024 in Review

42 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Nuveen Variable Rate Preferred & Income Fund (NPFD) for Q4 2024, worth a combined $162M — down 0.14% from $162M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of NPFD and 3 opened new positions — a net loss of 9 holders — while 8 trimmed existing stakes and 25 added.

The largest buyer was Wells Fargo, adding an estimated $11.5M. The largest seller was Saba Capital Management, exiting entirely with an estimated $11.7M sold.

  • 42 institutional investors held Nuveen Variable Rate Preferred & Income Fund (NPFD) as of Q4 2024, down from 51 in Q3 2024.
  • Funds reported $162M of Nuveen Variable Rate Preferred & Income Fund stock for Q4 2024, down 0.14% quarter-over-quarter.
  • 3 funds opened new Nuveen Variable Rate Preferred & Income Fund positions in Q4 2024 and 12 closed out, a net change of -9 holders.
  • The largest Nuveen Variable Rate Preferred & Income Fund buyer in Q4 2024 was Wells Fargo, an estimated $11.5M added.
  • The largest Nuveen Variable Rate Preferred & Income Fund seller in Q4 2024 was Saba Capital Management, an estimated $11.7M sold.

Based on aggregated 13F filings for Q4 2024.