Filed: 1/22/2025ACC: 0001085146-25-000391
📋 What this filing means
NARWHAL CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 161 equity positions with a total reported market value of $1.13B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
161
Positions
$1.13B
Total AUM (reported)
7.67M
Total Shares
Allocation by class
COM$755.58M66.8%
CORE S&P500 ETF$98.59M8.7%
CAP STK CL C$56.41M5.0%
CL A$36.10M3.2%
ISHARES NEW$33.69M3.0%
S&P 500 VAL ETF$17.14M1.5%
COM CL A$15.62M1.4%
Portfolio Concentration
Top 3$237.92M21.0%
4–10$289.98M25.6%
11–25$242.49M21.4%
Rest$360.97M31.9%
Top 3 weight
21.0%
Top 10 weight
46.7%
Voting Authority Distribution
Total shares with voting rights: 7.67M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
7.67M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole161
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings161
Rows:
ISHARES TR
SOLEShares167.48K
TypeSH
Market value$98.59M
8.71%
Sole
0.00
Shared
0.00
None
167.48K
NVIDIA CORPORATION
SOLEShares526.48K
TypeSH
Market value$70.70M
6.25%
Sole
0.00
Shared
0.00
None
526.48K
APPLE INC
SOLEShares274.07K
TypeSH
Market value$68.63M
6.07%
Sole
0.00
Shared
0.00
None
274.07K
MICROSOFT CORP
SOLEShares158.03K
TypeSH
Market value$66.61M
5.89%
Sole
0.00
Shared
0.00
None
158.03K
ALPHABET INC
SOLEShares296.19K
TypeSH
Market value$56.41M
4.99%
Sole
0.00
Shared
0.00
None
296.19K
AMAZON COM INC
SOLEShares207.36K
TypeSH
Market value$45.49M
4.02%
Sole
0.00
Shared
0.00
None
207.36K
ISHARES GOLD TR
SOLEShares680.46K
TypeSH
Market value$33.69M
2.98%
Sole
0.00
Shared
0.00
None
680.46K
VULCAN MATLS CO
SOLEShares124.32K
TypeSH
Market value$31.98M
2.83%
Sole
0.00
Shared
0.00
None
124.32K
JPMORGAN CHASE & CO.
SOLEShares125.77K
TypeSH
Market value$30.15M
2.66%
Sole
0.00
Shared
0.00
None
125.77K
META PLATFORMS INC
SOLEShares43.82K
TypeSH
Market value$25.66M
2.27%
Sole
0.00
Shared
0.00
None
43.82K
BLACKROCK INC
SOLEShares21.71K
TypeSH
Market value$22.26M
1.97%
Sole
0.00
Shared
0.00
None
21.71K
HOME DEPOT INC
SOLEShares55.55K
TypeSH
Market value$21.61M
1.91%
Sole
0.00
Shared
0.00
None
55.55K
UNITEDHEALTH GROUP INC
SOLEShares36.16K
TypeSH
Market value$18.29M
1.62%
Sole
0.00
Shared
0.00
None
36.16K
LOCKHEED MARTIN CORP
SOLEShares36.27K
TypeSH
Market value$17.62M
1.56%
Sole
0.00
Shared
0.00
None
36.27K
ELI LILLY & CO
SOLEShares22.46K
TypeSH
Market value$17.34M
1.53%
Sole
0.00
Shared
0.00
None
22.46K
ISHARES TR
SOLEShares89.78K
TypeSH
Market value$17.14M
1.51%
Sole
0.00
Shared
0.00
None
89.78K
GOLDMAN SACHS GROUP INC
SOLEShares28.25K
TypeSH
Market value$16.18M
1.43%
Sole
0.00
Shared
0.00
None
28.25K
VISA INC
SOLEShares49.43K
TypeSH
Market value$15.62M
1.38%
Sole
0.00
Shared
0.00
None
49.43K
PROCTER AND GAMBLE CO
SOLEShares88.41K
TypeSH
Market value$14.82M
1.31%
Sole
0.00
Shared
0.00
None
88.41K
AMERICAN EXPRESS CO
SOLEShares49.57K
TypeSH
Market value$14.71M
1.30%
Sole
0.00
Shared
0.00
None
49.57K
JOHNSON & JOHNSON
SOLEShares100.02K
TypeSH
Market value$14.46M
1.28%
Sole
0.00
Shared
0.00
None
100.02K
QUALCOMM INC
SOLEShares92.36K
TypeSH
Market value$14.19M
1.25%
Sole
0.00
Shared
0.00
None
92.36K
MERCK & CO INC
SOLEShares137.80K
TypeSH
Market value$13.71M
1.21%
Sole
0.00
Shared
0.00
None
137.80K
ISHARES TR
SOLEShares31.07K
TypeSH
Market value$12.48M
1.10%
Sole
0.00
Shared
0.00
None
31.07K
NEXTERA ENERGY INC
SOLEShares168.29K
TypeSH
Market value$12.06M
1.07%
Sole
0.00
Shared
0.00
None
168.29K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | CORE S&P500 ETF | 167.48K | SH | $98.59M 8.71% | 0.00 | 0.00 | 167.48K |
NVIDIA CORPORATIONSOLE | COM | 526.48K | SH | $70.70M 6.25% | 0.00 | 0.00 | 526.48K |
APPLE INCSOLE | COM | 274.07K | SH | $68.63M 6.07% | 0.00 | 0.00 | 274.07K |
MICROSOFT CORPSOLE | COM | 158.03K | SH | $66.61M 5.89% | 0.00 | 0.00 | 158.03K |
ALPHABET INCSOLE | CAP STK CL C | 296.19K | SH | $56.41M 4.99% | 0.00 | 0.00 | 296.19K |
AMAZON COM INCSOLE | COM | 207.36K | SH | $45.49M 4.02% | 0.00 | 0.00 | 207.36K |
ISHARES GOLD TRSOLE | ISHARES NEW | 680.46K | SH | $33.69M 2.98% | 0.00 | 0.00 | 680.46K |
VULCAN MATLS COSOLE | COM | 124.32K | SH | $31.98M 2.83% | 0.00 | 0.00 | 124.32K |
JPMORGAN CHASE & CO.SOLE | COM | 125.77K | SH | $30.15M 2.66% | 0.00 | 0.00 | 125.77K |
META PLATFORMS INCSOLE | CL A | 43.82K | SH | $25.66M 2.27% | 0.00 | 0.00 | 43.82K |
BLACKROCK INCSOLE | COM | 21.71K | SH | $22.26M 1.97% | 0.00 | 0.00 | 21.71K |
HOME DEPOT INCSOLE | COM | 55.55K | SH | $21.61M 1.91% | 0.00 | 0.00 | 55.55K |
UNITEDHEALTH GROUP INCSOLE | COM | 36.16K | SH | $18.29M 1.62% | 0.00 | 0.00 | 36.16K |
LOCKHEED MARTIN CORPSOLE | COM | 36.27K | SH | $17.62M 1.56% | 0.00 | 0.00 | 36.27K |
ELI LILLY & COSOLE | COM | 22.46K | SH | $17.34M 1.53% | 0.00 | 0.00 | 22.46K |
ISHARES TRSOLE | S&P 500 VAL ETF | 89.78K | SH | $17.14M 1.51% | 0.00 | 0.00 | 89.78K |
GOLDMAN SACHS GROUP INCSOLE | COM | 28.25K | SH | $16.18M 1.43% | 0.00 | 0.00 | 28.25K |
VISA INCSOLE | COM CL A | 49.43K | SH | $15.62M 1.38% | 0.00 | 0.00 | 49.43K |
PROCTER AND GAMBLE COSOLE | COM | 88.41K | SH | $14.82M 1.31% | 0.00 | 0.00 | 88.41K |
AMERICAN EXPRESS COSOLE | COM | 49.57K | SH | $14.71M 1.30% | 0.00 | 0.00 | 49.57K |
JOHNSON & JOHNSONSOLE | COM | 100.02K | SH | $14.46M 1.28% | 0.00 | 0.00 | 100.02K |
QUALCOMM INCSOLE | COM | 92.36K | SH | $14.19M 1.25% | 0.00 | 0.00 | 92.36K |
MERCK & CO INCSOLE | COM | 137.80K | SH | $13.71M 1.21% | 0.00 | 0.00 | 137.80K |
ISHARES TRSOLE | RUS 1000 GRW ETF | 31.07K | SH | $12.48M 1.10% | 0.00 | 0.00 | 31.07K |
NEXTERA ENERGY INCSOLE | COM | 168.29K | SH | $12.06M 1.07% | 0.00 | 0.00 | 168.29K |
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