Nuveen Variable Rate Preferred & Income Fund - Common Shares of Beneficial Interest (NPFD) Institutional Ownership

13F Institutional Holders and Ownership History from Q4 2021 to Q4 2025

Type / Class
Equity / Common Shares of Beneficial Interest
Symbol
NPFD on NYSE
Shares outstanding
24,119,892
Price per share
$19.16
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
8,208,018
Total reported value
$156,231,023
% of total 13F portfolios
0%
Share change
-483,178
Value change
-$9,483,596
Number of holders
48
Price from insider filings
$19.16
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Nuveen Variable Rate Preferred & Income Fund - Common Shares of Beneficial Interest (NPFD) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
SIT INVESTMENT ASSOCIATES INC 10% $46,729,046 2,545,155 Sit Investment Associates, Inc. 14 Feb 2025
MORGAN STANLEY 6.5% +133% $30,415,184 +$18,885,182 1,567,793 +164% Morgan Stanley 30 Jun 2025

As of 31 Dec 2025, 48 institutional investors reported holding 8,208,018 shares of Nuveen Variable Rate Preferred & Income Fund - Common Shares of Beneficial Interest (NPFD). This represents 34% of the company’s total 24,119,892 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Nuveen Variable Rate Preferred & Income Fund - Common Shares of Beneficial Interest (NPFD) together control 33% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
SIT INVESTMENT ASSOCIATES INC 11% 2,689,668 -2.3% 1% $51,184,000
MORGAN STANLEY 8.2% 1,978,914 -0.71% 0% $37,658,779
ROYAL BANK OF CANADA 2.6% 637,001 +11% 0% $12,122,000
UBS Group AG 1.6% 395,681 -13% 0% $7,529,810
Penserra Capital Management LLC 1.5% 367,533 +10% 0.08% $6,994,000
WELLS FARGO & COMPANY/MN 1.4% 346,813 -29% 0% $6,599,852
Advisors Asset Management, Inc. 1.1% 276,932 +62% 0.09% $5,270,016
Invesco Ltd. 1.1% 273,556 -10% 0% $5,205,771
COHEN & STEERS, INC. 0.85% 205,000 0% 0.01% $3,901,000
STIFEL FINANCIAL CORP 0.79% 189,634 +4.3% 0% $3,608,741
FIRST TRUST ADVISORS LP 0.45% 109,628 +3.1% 0% $2,086,215
Closed-End Fund Advisors, Inc. 0.33% 78,578 0% 0.88% $1,495,339
EVOLVE PRIVATE WEALTH, LLC 0.28% 68,705 0% 0.08% $1,307,456
COMMONWEALTH EQUITY SERVICES, LLC 0.26% 62,255 +3.6% 0% $1,184,710
Rareview Capital LLC 0.22% 53,778 +9.6% 0.67% $1,036,840
ENVESTNET ASSET MANAGEMENT INC 0.2% 47,360 -74% 0% $901,252
Cetera Investment Advisers 0.19% 45,278 +18% 0% $861,661
WEDBUSH SECURITIES INC 0.12% 29,379 -1.3% 0.02% $559,000
Janney Montgomery Scott LLC 0.11% 26,560 +6.4% 0% $505,000
Concorde Asset Management, LLC 0.11% 26,100 +1.2% 0.2% $496,683
JANE STREET GROUP, LLC 0.1% 24,599 0% $468,119
Catalina Capital Group, LLC 0.1% 23,579 +0.19% 0.28% $448,708
Seed Wealth Management, Inc. 0.09% 21,550 -4.4% 0.28% $410,097
SMITH CHAS P & ASSOCIATES PA CPAS 0.09% 21,000 0% 0.02% $399,630
UHLMANN PRICE SECURITIES, LLC 0.08% 19,553 -0.96% 0.22% $372,125

Institutional Holders of Nuveen Variable Rate Preferred & Income Fund - Common Shares of Beneficial Interest (NPFD) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 8,208,018 $156,231,023 -$9,483,596 $19.03 48
2025 Q3 8,543,913 $170,504,024 -$5,711,643 $19.96 45
2025 Q2 8,801,806 $169,702,837 +$1,698,778 $19.28 43
2025 Q1 8,744,930 $164,127,572 -$1,222,613 $18.77 46
2024 Q4 8,886,437 $162,207,871 +$5,117,717 $18.23 42
2024 Q3 8,575,370 $162,434,581 -$15,539,130 $18.94 51
2024 Q2 9,394,402 $172,573,495 +$18,466,141 $18.38 43
2024 Q1 8,323,999 $149,084,775 +$13,568,767 $17.91 42
2023 Q4 7,575,406 $123,106,081 +$13,369,507 $16.25 42
2023 Q3 6,559,117 $102,771,672 +$14,701,115 $15.67 33
2023 Q2 5,626,813 $87,356,950 +$18,017,259 $15.48 38
2023 Q1 4,461,631 $70,678,435 +$12,394,076 $15.84 36
2022 Q4 3,675,044 $64,534,562 +$43,750,950 $17.56 34
2022 Q3 1,178,888 $20,584,000 +$4,561,257 $17.46 23
2022 Q2 913,666 $16,822,000 +$5,172,916 $18.41 16
2022 Q1 621,056 $14,278,000 +$6,650,269 $22.99 11
2021 Q4 331,984 $8,417,000 +$8,417,000 $25.35 10