Nuveen Variable Rate Preferred & Income Fund
NPFD
12 hedge funds and large institutions have $14.3M invested in Nuveen Variable Rate Preferred & Income Fund in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
70% more capital invested
Capital invested by funds: $8.42M → $14.3M (+$5.87M)
20% more funds holding
Funds holding: 10 → 12 (+2)
1.31% more ownership
Funds ownership: 1.51% → 2.82% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.63M |
| 2 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
+$1.54M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.33M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.28M |
| 5 |
JP Morgan Chase
New York
|
+$694K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$162K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$25K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
UBS Group
Zurich,
Switzerland
| $4.57M | +$1.63M | +67,838 | +52% |
|
|
CA
2
Corrado Advisors
Ramsey,
New Jersey
| $3.58M | +$1.54M | +64,258 | +70% |
|
|
3
Wells Fargo
San Francisco,
California
| $2.02M | +$1.28M | +53,338 | +156% |
|
|
4
Stifel Financial
St. Louis,
Missouri
| $1.27M | +$1.33M | +55,347 | New |
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.26M | +$424K | +17,692 | +48% |
|
|
6
JP Morgan Chase
New York
| $666K | +$694K | +28,956 | New |
|
|
CIC
7
Carnegie Investment Counsel
Pepper Pike,
Ohio
| $276K | – | – | – |
|
|
MC
8
Mathes Company
New York
| $230K | – | – | – |
|
9
Envestnet Asset Management
Chicago,
Illinois
| $221K | +$230K | +9,600 | New |
|
|
IBOK
10
Independence Bank of Kentucky
Owensboro,
Kentucky
| $184K | – | – | – |
|
|
11
Morgan Stanley
New York
| $11K | -$162K | -6,757 | -93% |
|
|
IA
12
IFP Advisors
Tampa,
Florida
| $5K | +$1.2K | +50 | New |
|
|
13
Osaic Holdings
Scottsdale,
Arizona
| – | -$25K | -1,000 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$5K | -200 | Closed |
|
NPFD Hedge Fund Activity: Q1 2022 in Review
12 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Nuveen Variable Rate Preferred & Income Fund (NPFD) for Q1 2022, worth a combined $14.3M — up 70% from $8.42M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NPFD positions and 2 closed out — a net gain of 2 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was UBS Group, adding an estimated $1.63M. The largest seller was Morgan Stanley, cutting an estimated $162K.
- 12 institutional investors held Nuveen Variable Rate Preferred & Income Fund (NPFD) as of Q1 2022, up from 10 in Q4 2021.
- Funds reported $14.3M of Nuveen Variable Rate Preferred & Income Fund stock for Q1 2022, up 70% quarter-over-quarter.
- 4 funds opened new Nuveen Variable Rate Preferred & Income Fund positions in Q1 2022 and 2 closed out, a net change of +2 holders.
- The largest Nuveen Variable Rate Preferred & Income Fund buyer in Q1 2022 was UBS Group, an estimated $1.63M added.
- The largest Nuveen Variable Rate Preferred & Income Fund seller in Q1 2022 was Morgan Stanley, an estimated $162K sold.
Based on aggregated 13F filings for Q1 2022.