Nuveen Variable Rate Preferred & Income Fund (NPFD) — Institutional Holders, Q2 2026
52 institutional investment managers reported a NPFD position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $147.8M. Every filer is listed below, ranked by position value. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
NPFD in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- Atlas WealthNew · +263,387 sh+$5.0M
- Advisors Asset ManagementAdded · +56,827 sh+$1.1M
- UBS Group AGAdded · +33,068 sh+$622.3K
- Virtu FinancialNew · +14,622 sh+$275.2K
- OSAICAdded · +14,543 sh+$273.7K
Biggest sellers
- WELLS FARGO & COMPANYTrimmed · -117,071 sh-$2.2M
- ROYAL BANK OF CANADATrimmed · -70,371 sh-$1.3M
- MORGAN STANLEYTrimmed · -28,255 sh-$531.8K
- Concorde Asset ManagementSold out · -24,400 sh-$459.2K
- ENVESTNET ASSET MANAGEMENTTrimmed · -19,299 sh-$363.2K
NPFD 13F holders ranked 1–52 of 52
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | SIT INVESTMENT ASSOCIATES#1 · 2,408,758 sh | 2,408,758 | $45.3M | 0.86% | -0.7% |
| 2 | MORGAN STANLEY#2 · 1,968,184 sh | 1,968,184 | $37.0M | <0.01% | -1.4% |
| 3 | ROYAL BANK OF CANADA#3 · 587,471 sh | 587,471 | $11.1M | <0.01% | -10.7% |
| 4 | Advisors Asset Management#4 · 444,389 sh | 444,389 | $8.4M | 0.13% | +14.7% |
| 5 | UBS Group AG#5 · 416,649 sh | 416,649 | $7.8M | <0.01% | +8.6% |
| 6 | WELLS FARGO & COMPANY#6 · 270,297 sh | 270,297 | $5.1M | <0.01% | -30.2% |
| 7 | Invesco Ltd.#7 · 265,957 sh | 265,957 | $5.0M | <0.01% | +2.3% |
| 8 | Atlas Wealth#8 · 263,387 sh | 263,387 | $5.0M | 0.71% | New |
| 9 | COHEN & STEERS#9 · 205,000 sh | 205,000 | $3.9M | <0.01% | 0.0% |
| 10 | STIFEL FINANCIAL#10 · 154,395 sh | 154,395 | $2.9M | <0.01% | -1.2% |
| 11 | FIRST ADVISORS#11 · 127,209 sh | 127,209 | $2.4M | <0.01% | +4.3% |
| 12 | COMMONWEALTH EQUITY SERVICES#12 · 67,225 sh | 67,225 | $1.3M | <0.01% | +4.1% |
| 13 | EVOLVE PRIVATE WEALTH#13 · 64,082 sh | 64,082 | $1.2M | 0.07% | -6.8% |
| 14 | Closed-End Fund Advisors#14 · 51,519 sh | 51,519 | $969.6K | 0.95% | -5.5% |
| 15 | Summit Financial#15 · 50,421 sh | 50,421 | $956.8K | 0.01% | +0.8% |
| 16 | Cetera Investment Advisers#16 · 47,557 sh | 47,557 | $895.0K | <0.01% | -22.4% |
| 17 | ENVESTNET ASSET MANAGEMENT#17 · 42,371 sh | 42,371 | $797.4K | <0.01% | -31.3% |
| 18 | Equitable#18 · 41,584 sh | 41,584 | $782.6K | <0.01% | +0.5% |
| 19 | WEDBUSH SECURITIES#19 · 36,897 sh | 36,897 | $694.0K | — | +19.4% |
| 20 | Janney Montgomery Scott#20 · 30,635 sh | 30,635 | $577.0K | <0.01% | +19.9% |
| 21 | BESSEMER GROUP#21 · 27,976 sh | 27,976 | $527.0K | <0.01% | 0.0% |
| 22 | BANK OF AMERICA#22 · 23,357 sh | 23,357 | $439.6K | 0.00% | -13.0% |
| 23 | UHLMANN PRICE SECURITIES#23 · 20,294 sh | 20,294 | $382.0K | 0.01% | +2.2% |
| 24 | Global Retirement Partners#24 · 19,744 sh | 19,744 | $371.6K | <0.01% | — |
| 25 | LPL Financial#25 · 18,883 sh | 18,883 | $355.4K | <0.01% | -8.3% |
| 26 | OSAIC#26 · 18,027 sh | 18,027 | $339.3K | <0.01% | +417.4% |
| 27 | SMITH CHAS P & ASSOCIATES PA CPAS#27 · 18,000 sh | 18,000 | $338.8K | — | 0.0% |
| 28 | Seed Wealth Management#28 · 17,030 sh | 17,030 | $320.5K | — | 0.0% |
| 29 | Lido Advisors#29 · 15,054 sh | 15,054 | $285.7K | <0.01% | 0.0% |
| 30 | WILEY BROS.-AINTREE CAPITAL#30 · 15,083 sh | 15,083 | $283.9K | <0.01% | +0.4% |
| 31 | Virtu Financial#31 · 14,622 sh | 14,622 | $275.0K | <0.01% | New |
| 32 | Sage Capital Management#32 · 13,500 sh | 13,500 | $254.1K | — | 0.0% |
| 33 | CHOREO#33 · 12,756 sh | 12,756 | $242.1K | <0.01% | -7.2% |
| 34 | MILLENNIUM MANAGEMENT#34 · 12,328 sh | 12,328 | $232.0K | <0.01% | -55.9% |
| 35 | WALLED LAKE PLANNING & WEALTH MANAGEMENT#35 · 11,767 sh | 11,767 | $221.5K | 0.06% | 0.0% |
| 36 | ACCREDITED INVESTOR SERVICES#36 · 11,658 sh | 11,658 | $219.4K | — | -3.1% |
| 37 | Merit Financial Group#37 · 10,791 sh | 10,791 | $203.1K | <0.01% | +0.9% |
| 38 | SRS Capital Advisors#38 · 6,101 sh | 6,101 | $114.8K | <0.01% | New |
| 39 | Ritter Daniher Financial Advisory / DE#39 · 3,269 sh | 3,269 | $61.5K | <0.01% | -31.4% |
| 40 | Pinnacle Wealth Planning Services#40 · 3,112 sh | 3,112 | $58.6K | — | -0.1% |
| 41 | Integrated Wealth Concepts#41 · 3,100 sh | 3,100 | $58.3K | <0.01% | New |
| 42 | BARCLAYS PLC#42 · 2,800 sh | 2,800 | $52.7K | 0.00% | 0.0% |
| 43 | CoreCap Advisors#43 · 2,539 sh | 2,539 | $47.8K | — | 0.0% |
| 44 | WPG Advisers#44 · 1,375 sh | 1,375 | $25.9K | — | -0.4% |
| 45 | FIFTH THIRD BANCORP#45 · 974 sh | 974 | $18.3K | 0.00% | -36.5% |
| 46 | US BANCORP \DE\#46 · 947 sh | 947 | $17.8K | 0.00% | 0.0% |
| 47 | FNY Investment Advisers#47 · 700 sh | 700 | $13.0K | — | 0.0% |
| 48 | IFP Advisors#48 · 611 sh | 611 | $11.5K | — | New |
| 49 | WHITTIER OF NEVADA#49 · 533 sh | 533 | $10.0K | <0.01% | 0.0% |
| 50 | Farther Finance Advisors#50 · 458 sh | 458 | $8.6K | — | 0.0% |
| 51 | Rockefeller Capital Management L.P.#51 · 166 sh | 166 | $3.1K | 0.00% | -86.5% |
| 52 | ASSETMARK#52 · 44 sh | 44 | $828.00 | — | 0.0% |
Funds that sold out of NPFD in Q2 2026 (9)
Held NPFD at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| Concorde Asset Management24,400 sh | 24,400 | $446.7K |
| HRT FINANCIAL15,756 sh | 15,756 | $285.0K |
| Carnegie Investment Counsel12,000 sh | 12,000 | $217.8K |
| WOLVERINE ASSET MANAGEMENT8,877 sh | 8,877 | $161.1K |
| Advisory Services Network6,216 sh | 6,216 | $112.8K |
| BlackRock495 sh | 495 | $9.0K |
| Osbon Capital Management377 sh | 377 | $6.8K |
| Root Financial Partners196 sh | 196 | $3.6K |
| MOTCO37 sh | 37 | $672.00 |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.