Filed: 7/24/2026ACC: 0001461287-26-000003
📋 What this filing means
NARWHAL CAPITAL MANAGEMENT filed this quarterly 13F‑HR report disclosing 155 equity positions with a total reported market value of $1.45B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
155
Positions
$1.45B
Total AUM (reported)
7.15M
Total Shares
Allocation by class
COM$930.54M64.3%
CORE S&P500 ETF$158.79M11.0%
CAP STK CL C$98.54M6.8%
ISHARES NEW$50.75M3.5%
CL A$33.75M2.3%
S&P 500 VAL ETF$21.07M1.5%
COM CL A$16.39M1.1%
Portfolio Concentration
Top 3$357.09M24.7%
4–10$355.30M24.5%
11–25$304.71M21.0%
Rest$431.03M29.8%
Top 3 weight
24.7%
Top 10 weight
49.2%
Voting Authority Distribution
Total shares with voting rights: 7.15M
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
7.15M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole155
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings155
Rows:
ISHARES TR
SOLEShares212.04K
TypeSH
Market value$158.79M
10.97%
Sole
0.00
Shared
0.00
None
212.04K
NVIDIA CORPORATION
SOLEShares498.53K
TypeSH
Market value$99.75M
6.89%
Sole
0.00
Shared
0.00
None
498.53K
ALPHABET INC
SOLEShares278.90K
TypeSH
Market value$98.54M
6.81%
Sole
0.00
Shared
0.00
None
278.90K
APPLE INC
SOLEShares280.24K
TypeSH
Market value$81.09M
5.60%
Sole
0.00
Shared
0.00
None
280.24K
MICROSOFT CORP
SOLEShares162.29K
TypeSH
Market value$60.54M
4.18%
Sole
0.00
Shared
0.00
None
162.29K
AMAZON COM INC
SOLEShares227.62K
TypeSH
Market value$54.25M
3.75%
Sole
0.00
Shared
0.00
None
227.62K
ISHARES GOLD TR
SOLEShares672.09K
TypeSH
Market value$50.75M
3.50%
Sole
0.00
Shared
0.00
None
672.09K
JPMORGAN CHASE & CO
SOLEShares129.58K
TypeSH
Market value$42.41M
2.93%
Sole
0.00
Shared
0.00
None
129.58K
VULCAN MATLS CO
SOLEShares133.36K
TypeSH
Market value$39.34M
2.72%
Sole
0.00
Shared
0.00
None
133.36K
META PLATFORMS INC
SOLEShares47.77K
TypeSH
Market value$26.91M
1.86%
Sole
0.00
Shared
0.00
None
47.77K
ANALOG DEVICES INC
SOLEShares65.38K
TypeSH
Market value$25.97M
1.79%
Sole
0.00
Shared
0.00
None
65.38K
GOLDMAN SACHS GROUP INC
SOLEShares24.94K
TypeSH
Market value$25.22M
1.74%
Sole
0.00
Shared
0.00
None
24.94K
ELI LILLY & CO
SOLEShares20.44K
TypeSH
Market value$24.52M
1.69%
Sole
0.00
Shared
0.00
None
20.44K
JOHNSON & JOHNSON
SOLEShares94.18K
TypeSH
Market value$23.92M
1.65%
Sole
0.00
Shared
0.00
None
94.18K
CATERPILLAR INC
SOLEShares22.18K
TypeSH
Market value$23.62M
1.63%
Sole
0.00
Shared
0.00
None
22.18K
HOME DEPOT INC
SOLEShares65.45K
TypeSH
Market value$23.08M
1.59%
Sole
0.00
Shared
0.00
None
65.45K
CISCO SYS INC
SOLEShares192.14K
TypeSH
Market value$22.57M
1.56%
Sole
0.00
Shared
0.00
None
192.14K
ISHARES TR
SOLEShares92.78K
TypeSH
Market value$21.07M
1.45%
Sole
0.00
Shared
0.00
None
92.78K
AMERICAN EXPRESS CO
SOLEShares56.41K
TypeSH
Market value$19.08M
1.32%
Sole
0.00
Shared
0.00
None
56.41K
BLACKROCK INC
SOLEShares18.79K
TypeSH
Market value$18.07M
1.25%
Sole
0.00
Shared
0.00
None
18.79K
VISA INC
SOLEShares46.40K
TypeSH
Market value$15.92M
1.10%
Sole
0.00
Shared
0.00
None
46.40K
ISHARES TR
SOLEShares125.22K
TypeSH
Market value$15.55M
1.07%
Sole
0.00
Shared
0.00
None
125.22K
BROADCOM INC
SOLEShares41.12K
TypeSH
Market value$15.53M
1.07%
Sole
0.00
Shared
0.00
None
41.12K
EXXON MOBIL CORP
SOLEShares112.38K
TypeSH
Market value$15.36M
1.06%
Sole
0.00
Shared
0.00
None
112.38K
RTX CORPORATION
SOLEShares80.24K
TypeSH
Market value$15.22M
1.05%
Sole
0.00
Shared
0.00
None
80.24K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | CORE S&P500 ETF | 212.04K | SH | $158.79M 10.97% | 0.00 | 0.00 | 212.04K |
NVIDIA CORPORATIONSOLE | COM | 498.53K | SH | $99.75M 6.89% | 0.00 | 0.00 | 498.53K |
ALPHABET INCSOLE | CAP STK CL C | 278.90K | SH | $98.54M 6.81% | 0.00 | 0.00 | 278.90K |
APPLE INCSOLE | COM | 280.24K | SH | $81.09M 5.60% | 0.00 | 0.00 | 280.24K |
MICROSOFT CORPSOLE | COM | 162.29K | SH | $60.54M 4.18% | 0.00 | 0.00 | 162.29K |
AMAZON COM INCSOLE | COM | 227.62K | SH | $54.25M 3.75% | 0.00 | 0.00 | 227.62K |
ISHARES GOLD TRSOLE | ISHARES NEW | 672.09K | SH | $50.75M 3.50% | 0.00 | 0.00 | 672.09K |
JPMORGAN CHASE & COSOLE | COM | 129.58K | SH | $42.41M 2.93% | 0.00 | 0.00 | 129.58K |
VULCAN MATLS COSOLE | COM | 133.36K | SH | $39.34M 2.72% | 0.00 | 0.00 | 133.36K |
META PLATFORMS INCSOLE | CL A | 47.77K | SH | $26.91M 1.86% | 0.00 | 0.00 | 47.77K |
ANALOG DEVICES INCSOLE | COM | 65.38K | SH | $25.97M 1.79% | 0.00 | 0.00 | 65.38K |
GOLDMAN SACHS GROUP INCSOLE | COM | 24.94K | SH | $25.22M 1.74% | 0.00 | 0.00 | 24.94K |
ELI LILLY & COSOLE | COM | 20.44K | SH | $24.52M 1.69% | 0.00 | 0.00 | 20.44K |
JOHNSON & JOHNSONSOLE | COM | 94.18K | SH | $23.92M 1.65% | 0.00 | 0.00 | 94.18K |
CATERPILLAR INCSOLE | COM | 22.18K | SH | $23.62M 1.63% | 0.00 | 0.00 | 22.18K |
HOME DEPOT INCSOLE | COM | 65.45K | SH | $23.08M 1.59% | 0.00 | 0.00 | 65.45K |
CISCO SYS INCSOLE | COM | 192.14K | SH | $22.57M 1.56% | 0.00 | 0.00 | 192.14K |
ISHARES TRSOLE | S&P 500 VAL ETF | 92.78K | SH | $21.07M 1.45% | 0.00 | 0.00 | 92.78K |
AMERICAN EXPRESS COSOLE | COM | 56.41K | SH | $19.08M 1.32% | 0.00 | 0.00 | 56.41K |
BLACKROCK INCSOLE | COM | 18.79K | SH | $18.07M 1.25% | 0.00 | 0.00 | 18.79K |
VISA INCSOLE | COM CL A | 46.40K | SH | $15.92M 1.10% | 0.00 | 0.00 | 46.40K |
ISHARES TRSOLE | RUS 1000 GRW ETF | 125.22K | SH | $15.55M 1.07% | 0.00 | 0.00 | 125.22K |
BROADCOM INCSOLE | COM | 41.12K | SH | $15.53M 1.07% | 0.00 | 0.00 | 41.12K |
EXXON MOBIL CORPSOLE | COM | 112.38K | SH | $15.36M 1.06% | 0.00 | 0.00 | 112.38K |
RTX CORPORATIONSOLE | COM | 80.24K | SH | $15.22M 1.05% | 0.00 | 0.00 | 80.24K |
Page 1 of 7
…