Nuveen Variable Rate Preferred & Income Fund
NPFD
43 hedge funds and large institutions have $173M invested in Nuveen Variable Rate Preferred & Income Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 9 reducing their positions, and 5 closing their positions.
122% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 9
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
16% more capital invested
Capital invested by funds: $149M → $173M (+$23.3M)
4.38% more ownership
Funds ownership: 34.51% → 38.88% (+4.4%)
0% more funds holding
Funds holding: 43 → 43 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$8.94M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$7.52M |
| 3 |
SCM
Saba Capital Management
New York
|
+$2.89M |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
+$2.04M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.61M |
| 2 |
Morgan Stanley
New York
|
-$3.72M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.02M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$594K |
| 5 |
MTIM
Marathon Trading Investment Management
Radnor,
Pennsylvania
|
-$430K |
NPFD Hedge Fund Activity: Q2 2024 in Review
43 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Nuveen Variable Rate Preferred & Income Fund (NPFD) for Q2 2024, worth a combined $173M — up 16% from $149M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NPFD positions and 5 closed out — a net gain of 1 holder — while 20 added to existing stakes and 9 trimmed.
The largest buyer was Atlas Wealth, opening a new position worth an estimated $8.94M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.61M.
- 43 institutional investors held Nuveen Variable Rate Preferred & Income Fund (NPFD) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $173M of Nuveen Variable Rate Preferred & Income Fund stock for Q2 2024, up 16% quarter-over-quarter.
- 6 funds opened new Nuveen Variable Rate Preferred & Income Fund positions in Q2 2024 and 5 closed out, a net change of +1 holder.
- The largest Nuveen Variable Rate Preferred & Income Fund buyer in Q2 2024 was Atlas Wealth, an estimated $8.94M added.
- The largest Nuveen Variable Rate Preferred & Income Fund seller in Q2 2024 was Rivernorth Capital Management, an estimated $5.61M sold.
Based on aggregated 13F filings for Q2 2024.