In the bowl of a stand mixer fitted with the whisk attachment, beat cream cheese, confectioners’ sugar, and vanilla at medium-high speed until fluffy, 1 to 2 minutes, stopping to scrape bottom and sides of bowl. With mixer on medium-low speed, add cold cream in a slow, steady stream; scrape sides of bowl. Increase mixer speed to medium-high, and beat until well combined and stiff peaks form. Use immediately.