Filed: 4/24/2026ACC: 0001461287-26-000002
📋 What this filing means
NARWHAL CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 168 equity positions with a total reported market value of $1.36B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
168
Positions
$1.36B
Total AUM (reported)
7.80M
Total Shares
Allocation by class
COM$872.22M64.4%
CORE S&P500 ETF$138.20M10.2%
CAP STK CL C$81.90M6.0%
ISHARES NEW$59.22M4.4%
CL A$34.67M2.6%
S&P 500 VAL ETF$19.59M1.4%
COM CL A$16.87M1.2%
Portfolio Concentration
Top 3$307.22M22.7%
4–10$339.84M25.1%
11–25$281.96M20.8%
Rest$426.35M31.5%
Top 3 weight
22.7%
Top 10 weight
47.7%
Voting Authority Distribution
Total shares with voting rights: 7.80M
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
7.80M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole168
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings168
Rows:
ISHARES TR
SOLEShares211.57K
TypeSH
Market value$138.20M
10.20%
Sole
0.00
Shared
0.00
None
211.57K
NVIDIA CORPORATION
SOLEShares499.48K
TypeSH
Market value$87.12M
6.43%
Sole
0.00
Shared
0.00
None
499.48K
ALPHABET INC
SOLEShares285.52K
TypeSH
Market value$81.90M
6.04%
Sole
0.00
Shared
0.00
None
285.52K
APPLE INC
SOLEShares279.55K
TypeSH
Market value$70.95M
5.23%
Sole
0.00
Shared
0.00
None
279.55K
MICROSOFT CORP
SOLEShares164.13K
TypeSH
Market value$60.76M
4.48%
Sole
0.00
Shared
0.00
None
164.13K
ISHARES GOLD TR
SOLEShares671.73K
TypeSH
Market value$59.22M
4.37%
Sole
0.00
Shared
0.00
None
671.73K
AMAZON COM INC
SOLEShares220.75K
TypeSH
Market value$45.97M
3.39%
Sole
0.00
Shared
0.00
None
220.75K
JPMORGAN CHASE & CO
SOLEShares129.81K
TypeSH
Market value$38.18M
2.82%
Sole
0.00
Shared
0.00
None
129.81K
VULCAN MATLS CO
SOLEShares134.58K
TypeSH
Market value$36.65M
2.70%
Sole
0.00
Shared
0.00
None
134.58K
META PLATFORMS INC
SOLEShares49.14K
TypeSH
Market value$28.11M
2.07%
Sole
0.00
Shared
0.00
None
49.14K
JOHNSON & JOHNSON
SOLEShares94.61K
TypeSH
Market value$23.13M
1.71%
Sole
0.00
Shared
0.00
None
94.61K
HOME DEPOT INC
SOLEShares67.66K
TypeSH
Market value$22.25M
1.64%
Sole
0.00
Shared
0.00
None
67.66K
GOLDMAN SACHS GROUP INC
SOLEShares25.89K
TypeSH
Market value$21.90M
1.62%
Sole
0.00
Shared
0.00
None
25.89K
EXXON MOBIL CORP
SOLEShares119.70K
TypeSH
Market value$20.31M
1.50%
Sole
0.00
Shared
0.00
None
119.70K
ANALOG DEVICES INC
SOLEShares63.56K
TypeSH
Market value$20.22M
1.49%
Sole
0.00
Shared
0.00
None
63.56K
ELI LILLY & CO
SOLEShares21.48K
TypeSH
Market value$19.76M
1.46%
Sole
0.00
Shared
0.00
None
21.48K
ISHARES TR
SOLEShares92.78K
TypeSH
Market value$19.59M
1.45%
Sole
0.00
Shared
0.00
None
92.78K
LOCKHEED MARTIN CORP
SOLEShares32.13K
TypeSH
Market value$19.42M
1.43%
Sole
0.00
Shared
0.00
None
32.13K
BLACKROCK INC
SOLEShares20.10K
TypeSH
Market value$19.33M
1.43%
Sole
0.00
Shared
0.00
None
20.10K
AMERICAN EXPRESS CO
SOLEShares54.46K
TypeSH
Market value$16.47M
1.22%
Sole
0.00
Shared
0.00
None
54.46K
CATERPILLAR INC
SOLEShares23.19K
TypeSH
Market value$16.43M
1.21%
Sole
0.00
Shared
0.00
None
23.19K
VISA INC
SOLEShares54.18K
TypeSH
Market value$16.38M
1.21%
Sole
0.00
Shared
0.00
None
54.18K
L3HARRIS TECHNOLOGIES INC
SOLEShares46.70K
TypeSH
Market value$16.12M
1.19%
Sole
0.00
Shared
0.00
None
46.70K
NEXTERA ENERGY INC
SOLEShares172.54K
TypeSH
Market value$16.03M
1.18%
Sole
0.00
Shared
0.00
None
172.54K
CISCO SYS INC
SOLEShares188.57K
TypeSH
Market value$14.63M
1.08%
Sole
0.00
Shared
0.00
None
188.57K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | CORE S&P500 ETF | 211.57K | SH | $138.20M 10.20% | 0.00 | 0.00 | 211.57K |
NVIDIA CORPORATIONSOLE | COM | 499.48K | SH | $87.12M 6.43% | 0.00 | 0.00 | 499.48K |
ALPHABET INCSOLE | CAP STK CL C | 285.52K | SH | $81.90M 6.04% | 0.00 | 0.00 | 285.52K |
APPLE INCSOLE | COM | 279.55K | SH | $70.95M 5.23% | 0.00 | 0.00 | 279.55K |
MICROSOFT CORPSOLE | COM | 164.13K | SH | $60.76M 4.48% | 0.00 | 0.00 | 164.13K |
ISHARES GOLD TRSOLE | ISHARES NEW | 671.73K | SH | $59.22M 4.37% | 0.00 | 0.00 | 671.73K |
AMAZON COM INCSOLE | COM | 220.75K | SH | $45.97M 3.39% | 0.00 | 0.00 | 220.75K |
JPMORGAN CHASE & COSOLE | COM | 129.81K | SH | $38.18M 2.82% | 0.00 | 0.00 | 129.81K |
VULCAN MATLS COSOLE | COM | 134.58K | SH | $36.65M 2.70% | 0.00 | 0.00 | 134.58K |
META PLATFORMS INCSOLE | CL A | 49.14K | SH | $28.11M 2.07% | 0.00 | 0.00 | 49.14K |
JOHNSON & JOHNSONSOLE | COM | 94.61K | SH | $23.13M 1.71% | 0.00 | 0.00 | 94.61K |
HOME DEPOT INCSOLE | COM | 67.66K | SH | $22.25M 1.64% | 0.00 | 0.00 | 67.66K |
GOLDMAN SACHS GROUP INCSOLE | COM | 25.89K | SH | $21.90M 1.62% | 0.00 | 0.00 | 25.89K |
EXXON MOBIL CORPSOLE | COM | 119.70K | SH | $20.31M 1.50% | 0.00 | 0.00 | 119.70K |
ANALOG DEVICES INCSOLE | COM | 63.56K | SH | $20.22M 1.49% | 0.00 | 0.00 | 63.56K |
ELI LILLY & COSOLE | COM | 21.48K | SH | $19.76M 1.46% | 0.00 | 0.00 | 21.48K |
ISHARES TRSOLE | S&P 500 VAL ETF | 92.78K | SH | $19.59M 1.45% | 0.00 | 0.00 | 92.78K |
LOCKHEED MARTIN CORPSOLE | COM | 32.13K | SH | $19.42M 1.43% | 0.00 | 0.00 | 32.13K |
BLACKROCK INCSOLE | COM | 20.10K | SH | $19.33M 1.43% | 0.00 | 0.00 | 20.10K |
AMERICAN EXPRESS COSOLE | COM | 54.46K | SH | $16.47M 1.22% | 0.00 | 0.00 | 54.46K |
CATERPILLAR INCSOLE | COM | 23.19K | SH | $16.43M 1.21% | 0.00 | 0.00 | 23.19K |
VISA INCSOLE | COM CL A | 54.18K | SH | $16.38M 1.21% | 0.00 | 0.00 | 54.18K |
L3HARRIS TECHNOLOGIES INCSOLE | COM | 46.70K | SH | $16.12M 1.19% | 0.00 | 0.00 | 46.70K |
NEXTERA ENERGY INCSOLE | COM | 172.54K | SH | $16.03M 1.18% | 0.00 | 0.00 | 172.54K |
CISCO SYS INCSOLE | COM | 188.57K | SH | $14.63M 1.08% | 0.00 | 0.00 | 188.57K |
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