Nuveen Variable Rate Preferred & Income Fund
NPFD
26 hedge funds and large institutions have $20.6M invested in Nuveen Variable Rate Preferred & Income Fund in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
44% more funds holding
Funds holding: 18 → 26 (+8)
22% more capital invested
Capital invested by funds: $16.8M → $20.6M (+$3.76M)
1.21% more ownership
Funds ownership: 4.15% → 5.36% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.46M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.82M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.03M |
| 4 |
H6H
Hightower 6M Holding
Wichita,
Kansas
|
+$459K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.34M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$183K |
| 3 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
-$125K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$47K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$323 |
NPFD Hedge Fund Activity: Q3 2022 in Review
26 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Nuveen Variable Rate Preferred & Income Fund (NPFD) for Q3 2022, worth a combined $20.6M — up 22% from $16.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NPFD positions and 2 closed out — a net gain of 8 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was UBS Group, adding an estimated $2.46M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.34M sold.
- 26 institutional investors held Nuveen Variable Rate Preferred & Income Fund (NPFD) as of Q3 2022, up from 18 in Q2 2022.
- Funds reported $20.6M of Nuveen Variable Rate Preferred & Income Fund stock for Q3 2022, up 22% quarter-over-quarter.
- 10 funds opened new Nuveen Variable Rate Preferred & Income Fund positions in Q3 2022 and 2 closed out, a net change of +8 holders.
- The largest Nuveen Variable Rate Preferred & Income Fund buyer in Q3 2022 was UBS Group, an estimated $2.46M added.
- The largest Nuveen Variable Rate Preferred & Income Fund seller in Q3 2022 was Wolverine Asset Management, an estimated $1.34M sold.
Based on aggregated 13F filings for Q3 2022.