Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nuveen Vriabl Rat Pfd & Inm (NPFD)

51 + Investors. Track Smart Money conviction in NPFD. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
1Q ▼
Buyers last Q
40%

Smart Money Signals — NPFD

Based on 52 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NPFD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
52 funds currently hold this stock — 93% of the 3.0-year high of 56 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +24% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+24% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 40% buying

19 buying29 selling
Last quarter: 29 funds reduced or exited vs 19 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 6 → 8 → 14 → 6. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 27% medium ■ 29% new
23 out of 52 hedge funds have held NPFD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~6 new funds/quarter

7 → 6 → 8 → 14 → 6 new funds/Q
New funds entering each quarter: 6 → 8 → 14 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 46% veterans vs 42% newcomers

■ 46% veterans ■ 12% 1-2yr ■ 42% new
Entry-cohort mix of 52 holders: 24 (46%) are 2+ year veterans, 6 entered 1–2 years ago, and 22 (42%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 76% AUM from top-100 funds

76% from top-100 AUM funds
12 of 52 holders are among the 100 largest funds by AUM, controlling 76% of total institutional value in NPFD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NPFD

In 2026 Q2, 19 hedge funds were net buyers of NPFD (6 opened a new position, 13 added to an existing one), while 29 reduced or exited (19 trimmed, 10 sold completely) — a 40% buyer ratio, indicating roughly balanced activity. 76% of total institutional value in NPFD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 52.

Hedge Fund Ownership: NPFD

How many hedge funds hold NPFD — quarterly history vs. share price
Quarterly hedge fund ownership of NPFD vs. share price

Market Analysis: NPFD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NPFD

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: NPFD
2026 Q3 Stats Unlock in 4 days 51 + Investors

Track Smart Money conviction in NPFD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 51 56 -8.93%
13F Shares 8M 8M 0.5%
Total Value $96M $92M 4.31%
New Positions 6 14 -8
Increased Positions 13 20 -7
Closed Positions 11 5 +6
Reduced Positions 19 15 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NPFD

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Institutional Holders (2026 Q3)

51 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NPFD. Verified SEC 13F-HR filings.

QUARTER:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 NPFD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Closed-End Fund Advisors, Inc. 0.91% 50,469 $874K
2 Pvg Asset Management Corp 0.87% 73,463 $1.3M
3 Atlas Wealth LLC 0.58% 240,209 $4.2M
4 Legacy Capital Wealth Partners, LLC 0.53% 147,232 $2.5M
5 Seed Wealth Management, Inc. 0.14% 13,300 $230K
6 Accredited Investor Services, LLC 0.11% 11,685 $202K
7 Sage Capital Management, LLC 0.09% 13,500 $234K
8 Advisors Asset Management, Inc. 0.08% 240,006 $4.8M
9 Evolve Private Wealth, LLC 0.06% 67,356 $1.2M
10 Walled Lake Planning & Wealth Management, LLC 0.05% 11,767 $204K
11 Uhlmann Price Securities, LLC 0.02% 20,156 $349K
12 Smith Chas P & Associates Pa Cpas 0.02% 18,000 $311K
13 WPG Advisers, LLC 0.01% 1,502 $26K
14 Summit Financial, LLC 0.01% 65,311 $1.1M
15 Baird Financial Group, Inc. 0.01% 447,988 $7.8M
16 Osbon Capital Management LLC 0.01% 458 $8K
17 Pinnacle Wealth Planning Services, Inc. 0.01% 3,008 $52K
18 Global Retirement Partners, LLC 0.01% 20,572 $356K
19 Geneos Wealth Management Inc. 0.00% 8,251 $143K
20 Choreo, LLC 0.00% 12,109 $212K
21 Stifel Financial Corp 0.00% 134,501 $2.3M
22 Morgan Stanley 0.00% 2,012,956 $34.8M
23 Commonwealth Equity Services, LLC 0.00% 69,629 $1.2M
24 CoreCap Advisors, LLC 0.00% 2,539 $44K
25 First Trust Advisors LP 0.00% 109,106 $1.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nuveen Vriabl Rat Pfd & Inm (NPFD)

What does the Smart Money Trend signal show for NPFD?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NPFD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NPFD?

More sellers than buyers — 40% buying: Last quarter: 29 funds reduced or exited vs 19 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for NPFD holders?

Elite ownership — 76% AUM from top-100 funds: 12 of 52 holders are among the 100 largest funds by AUM, controlling 76% of total institutional value in NPFD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NPFD?

44% of holders stayed for 2+ years: 23 out of 52 hedge funds have held NPFD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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