Narwhal Capital Management

CIK: 0001461287SEC EDGAR →

Portfolio Value

$1.4T

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$144.2B
10.48%
2
NVDAPut

NVIDIA CORPORATION

499,129$92.9B
6.75%
3

ALPHABET INC

284,507$89.3B
6.49%
4

MICROSOFT CORP

161,397$78.1B
5.67%
5

APPLE INC

276,129$75.1B
5.45%
6

ISHARES GOLD TR

672,623$54.6B
3.97%
7

AMAZON COM INC

216,606$50.0B
3.63%
8

JPMORGAN CHASE & CO.

130,003$41.9B
3.04%
9

VULCAN MATLS CO

132,893$37.9B
2.75%
10

META PLATFORMS INC

48,594$32.1B
2.33%

Quarterly Changes

Top Buys

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

Top Sells

No sells this quarter

New Positions (162)

$144.2B · 211K shares
$92.9B · 499K shares
$89.3B · 285K shares
$78.1B · 161K shares
$75.1B · 276K shares
$54.6B · 673K shares
$50.0B · 217K shares
$41.9B · 130K shares
$37.9B · 133K shares
$32.1B · 49K shares
$22.7B · 21K shares
$22.5B · 21K shares
$22.0B · 25K shares
$22.0B · 64K shares
$20.9B · 60K shares
$20.8B · 56K shares
$19.8B · 96K shares
$19.7B · 93K shares
$17.8B · 66K shares
$16.1B · 33K shares
$15.7B · 204K shares
$15.1B · 51K shares
$14.8B · 31K shares
$14.5B · 121K shares
$14.3B · 178K shares
$13.3B · 72K shares
$12.7B · 37K shares
$12.6B · 38K shares
$12.4B · 22K shares
$11.8B · 82K shares
$11.8B · 112K shares
$11.2B · 20K shares
$11.1B · 72K shares
$10.9B · 68K shares
$9.6B · 77K shares
$9.4B · 52K shares
$8.8B · 388K shares
$8.6B · 116K shares
$8.2B · 57K shares
$8.1B · 50K shares
$7.7B · 12K shares
$7.4B · 54K shares
$7.2B · 63K shares
$7.0B · 36K shares
$7.0B · 17K shares
$6.9B · 82K shares
$6.9B · 56K shares
$6.4B · 39K shares
$6.3B · 50K shares
$6.2B · 13K shares
$6.0B · 42K shares
$6.0B · 149K shares
$6.0B · 35K shares
$5.6B · 16K shares
$5.3B · 11K shares
$5.2B · 34K shares
$5.0B · 29K shares
$5.0B · 6K shares
$4.8B · 116K shares
$4.7B · 123K shares
$4.5B · 13K shares
$4.4B · 54K shares
$4.2B · 154K shares
$4.1B · 10K shares
$4.0B · 44K shares
$3.8B · 5 shares
$3.7B · 44K shares
$3.7B · 18K shares
$3.6B · 72K shares
$3.2B · 11K shares
$3.0B · 7K shares
$3.0B · 21K shares
$2.9B · 21K shares
$2.8B · 25K shares
$2.8B · 17K shares
$2.6B · 17K shares
$2.5B · 20K shares
$2.2B · 10K shares
$2.2B · 155K shares
$1.9B · 22K shares
$1.9B · 30K shares
$1.8B · 6K shares
$1.8B · 9K shares
$1.6B · 14K shares
$1.6B · 37K shares
$1.4B · 5K shares
$1.4B · 2K shares
$1.3B · 54K shares
$1.3B · 14K shares
$1.3B · 20K shares
$1.3B · 17K shares
$1.2B · 17K shares
$1.1B · 37K shares
$984.0M · 10K shares
$979.0M · 36K shares
$952.0M · 22K shares
$910.0M · 7K shares
$910.0M · 6K shares
$878.0M · 2K shares
$869.0M · 42K shares
$837.0M · 9K shares
$835.0M · 3K shares
$819.0M · 16K shares
$803.0M · 6K shares
$765.0M · 11K shares
$720.0M · 3K shares
$713.0M · 11K shares
$694.0M · 12K shares
$686.0M · 17K shares
$677.0M · 18K shares
$659.0M · 12K shares
$649.0M · 2K shares
$645.0M · 2K shares
$613.0M · 3K shares
$610.0M · 3K shares
$588.0M · 8K shares
$572.0M · 24K shares
$544.0M · 3K shares
$535.0M · 6K shares
$532.0M · 17K shares
$532.0M · 11K shares
$522.0M · 12K shares
$518.0M · 1K shares
$507.0M · 19K shares
$485.0M · 2K shares
$484.0M · 2K shares
$458.0M · 16K shares
$436.0M · 3K shares
$435.0M · 9K shares
$419.0M · 9K shares
$412.0M · 4K shares
$407.0M · 1K shares
$405.0M · 4K shares
$383.0M · 10K shares
$364.0M · 1K shares
$352.0M · 758 shares
$348.0M · 4K shares
$336.0M · 4K shares
$328.0M · 4K shares
$325.0M · 12K shares
$323.0M · 3K shares
$323.0M · 1K shares
$321.0M · 8K shares
$319.0M · 636 shares
$303.0M · 1K shares
$298.0M · 2K shares
$293.0M · 1K shares
$287.0M · 5K shares
$286.0M · 9K shares
$278.0M · 941 shares
$275.0M · 10K shares
$273.0M · 4K shares
$269.0M · 1K shares
$254.0M · 813 shares
$245.0M · 2K shares
$244.0M · 4K shares
$236.0M · 26K shares
$230.0M · 2K shares
$225.0M · 105 shares
$205.0M · 709 shares
$159.0M · 10K shares
$12.0M · 13K shares

Sector Breakdown

Sector# HoldingsValue%
Financial Services53$382.4B27.8%
Technology19$334.9B24.3%
Communication Services9$132.7B9.6%
Industrials19$110.1B8.0%
Unknown13$98.7B7.2%
Consumer Cyclical9$96.7B7.0%
Healthcare11$75.2B5.5%
Basic Materials3$42.2B3.1%
Energy11$38.2B2.8%
Consumer Defensive8$32.5B2.4%
Utilities4$21.5B1.6%
Real Estate3$11.3B0.8%