Narwhal Capital Management

CIK: 0001461287SEC EDGAR →

Portfolio Value

$1.4B

Holdings

162

As of

Q4 2025

New Positions

162

Closed Positions

0

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ISHARES TR

210,559$144.2M
10.48%
2
NVDAPut

NVIDIA CORPORATION

499,129$92.9M
6.75%
3

ALPHABET INC

284,507$89.3M
6.49%
4

MICROSOFT CORP

161,397$78.1M
5.67%
5

APPLE INC

276,129$75.1M
5.45%
6

ISHARES GOLD TR

672,623$54.6M
3.97%
7

AMAZON COM INC

216,606$50.0M
3.63%
8

JPMORGAN CHASE & CO.

130,003$41.9M
3.04%
9

VULCAN MATLS CO

132,893$37.9M
2.75%
10

META PLATFORMS INC

48,594$32.1M
2.33%

Quarterly Changes

Top Buys

IVVNEW
$144.2M
NVDANEW
$92.9M
GOOGNEW
$89.3M
MSFTNEW
$78.1M
AAPLNEW
$75.1M

Top Sells

No sells this quarter

New Positions (162)

$144.2M · 211K shares
$92.9M · 499K shares
$89.3M · 285K shares
$78.1M · 161K shares
$75.1M · 276K shares
$54.6M · 673K shares
$50.0M · 217K shares
$41.9M · 130K shares
$37.9M · 133K shares
$32.1M · 49K shares
$22.7M · 21K shares
$22.5M · 21K shares
$22.0M · 25K shares
$22.0M · 64K shares
$20.9M · 60K shares
$20.8M · 56K shares
$19.8M · 96K shares
$19.7M · 93K shares
$17.8M · 66K shares
$16.1M · 33K shares
$15.7M · 204K shares
$15.1M · 51K shares
$14.8M · 31K shares
$14.5M · 121K shares
$14.3M · 178K shares
$13.3M · 72K shares
$12.7M · 37K shares
$12.6M · 38K shares
$12.4M · 22K shares
$11.8M · 82K shares
$11.8M · 112K shares
$11.2M · 20K shares
$11.1M · 72K shares
$10.9M · 68K shares
$9.6M · 77K shares
$9.4M · 52K shares
$8.8M · 388K shares
$8.6M · 116K shares
$8.2M · 57K shares
$8.1M · 50K shares
$7.7M · 12K shares
$7.4M · 54K shares
$7.2M · 63K shares
$7.0M · 36K shares
$7.0M · 17K shares
$6.9M · 82K shares
$6.9M · 56K shares
$6.4M · 39K shares
$6.3M · 50K shares
$6.2M · 13K shares
$6.0M · 42K shares
$6.0M · 149K shares
$6.0M · 35K shares
$5.6M · 16K shares
$5.3M · 11K shares
$5.2M · 34K shares
$5.0M · 29K shares
$5.0M · 6K shares
$4.8M · 116K shares
$4.7M · 123K shares
$4.5M · 13K shares
$4.4M · 54K shares
$4.2M · 154K shares
$4.1M · 10K shares
$4.0M · 44K shares
$3.8M · 5 shares
$3.7M · 44K shares
$3.7M · 18K shares
$3.6M · 72K shares
$3.2M · 11K shares
$3.0M · 7K shares
$3.0M · 21K shares
$2.9M · 21K shares
$2.8M · 25K shares
$2.8M · 17K shares
$2.6M · 17K shares
$2.5M · 20K shares
$2.2M · 10K shares
$2.2M · 155K shares
$1.9M · 22K shares
$1.9M · 30K shares
$1.8M · 6K shares
$1.8M · 9K shares
$1.6M · 14K shares
$1.6M · 37K shares
$1.4M · 5K shares
$1.4M · 2K shares
$1.3M · 54K shares
$1.3M · 14K shares
$1.3M · 20K shares
$1.3M · 17K shares
$1.2M · 17K shares
$1.1M · 37K shares
$984K · 10K shares
$979K · 36K shares
$952K · 22K shares
$910K · 7K shares
$910K · 6K shares
$878K · 2K shares
$869K · 42K shares
$837K · 9K shares
$835K · 3K shares
$819K · 16K shares
$803K · 6K shares
$765K · 11K shares
$720K · 3K shares
$713K · 11K shares
$694K · 12K shares
$686K · 17K shares
$677K · 18K shares
$659K · 12K shares
$649K · 2K shares
$645K · 2K shares
$613K · 3K shares
$610K · 3K shares
$588K · 8K shares
$572K · 24K shares
$544K · 3K shares
$535K · 6K shares
$532K · 17K shares
$532K · 11K shares
$522K · 12K shares
$518K · 1K shares
$507K · 19K shares
$485K · 2K shares
$484K · 2K shares
$458K · 16K shares
$436K · 3K shares
$435K · 9K shares
$419K · 9K shares
$412K · 4K shares
$407K · 1K shares
$405K · 4K shares
$383K · 10K shares
$364K · 1K shares
$352K · 758 shares
$348K · 4K shares
$336K · 4K shares
$328K · 4K shares
$325K · 12K shares
$323K · 3K shares
$323K · 1K shares
$321K · 8K shares
$319K · 636 shares
$303K · 1K shares
$298K · 2K shares
$293K · 1K shares
$287K · 5K shares
$286K · 9K shares
$278K · 941 shares
$275K · 10K shares
$273K · 4K shares
$269K · 1K shares
$254K · 813 shares
$245K · 2K shares
$244K · 4K shares
$236K · 26K shares
$230K · 2K shares
$225K · 105 shares
$205K · 709 shares
$159K · 10K shares
$12K · 13K shares

Sector Breakdown

Sector# HoldingsValue%
Financial Services53$382.4M27.8%
Technology19$334.9M24.3%
Communication Services9$132.7M9.6%
Industrials19$110.1M8.0%
Unknown13$98.7M7.2%
Consumer Cyclical9$96.7M7.0%
Healthcare11$75.2M5.5%
Basic Materials3$42.2M3.1%
Energy11$38.2M2.8%
Consumer Defensive8$32.5M2.4%
Utilities4$21.5M1.6%
Real Estate3$11.3M0.8%