Nuveen Variable Rate Preferred & Income Fund
NPFD
18 hedge funds and large institutions have $16.8M invested in Nuveen Variable Rate Preferred & Income Fund in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
50% more funds holding
Funds holding: 12 → 18 (+6)
18% more capital invested
Capital invested by funds: $14.3M → $16.8M (+$2.54M)
1.33% more ownership
Funds ownership: 2.82% → 4.15% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.48M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.43M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.09M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$885K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$780K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$666K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$221K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$212K |
| 4 |
IBOK
Independence Bank of Kentucky
Owensboro,
Kentucky
|
-$184K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$126K |
NPFD Hedge Fund Activity: Q2 2022 in Review
18 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Nuveen Variable Rate Preferred & Income Fund (NPFD) for Q2 2022, worth a combined $16.8M — up 18% from $14.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NPFD positions and 3 closed out — a net gain of 6 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.48M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $666K sold.
- 18 institutional investors held Nuveen Variable Rate Preferred & Income Fund (NPFD) as of Q2 2022, up from 12 in Q1 2022.
- Funds reported $16.8M of Nuveen Variable Rate Preferred & Income Fund stock for Q2 2022, up 18% quarter-over-quarter.
- 9 funds opened new Nuveen Variable Rate Preferred & Income Fund positions in Q2 2022 and 3 closed out, a net change of +6 holders.
- The largest Nuveen Variable Rate Preferred & Income Fund buyer in Q2 2022 was Morgan Stanley, an estimated $1.48M added.
- The largest Nuveen Variable Rate Preferred & Income Fund seller in Q2 2022 was JP Morgan Chase, an estimated $666K sold.
Based on aggregated 13F filings for Q2 2022.