Narwhal Capital Management

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, Narwhal Capital Management maintained a portfolio of 173 distinct positions. They heavily accumulated shares in ISHARES TR, increasing their position by 0.5%. The fund also reduced its exposure to NORTHROP GRUMMAN COR by 15.6%.
PCA Score Concentration Risk
Risk ENB
Total Positions
173
Quarter
2026 Q1
Top Holding
IVV (10.2%)
Top 10 Concentration
47.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 173
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
IVV
ISHARES TR
ETF 10.20% 10.48% #1
Prev: #1
6.5 1,010 0.5%
P
S
211,569 $138,198,877 2009 Q1 13F Filing 2026-03-31 2026-04-24
NVDA
NVIDIA CORPORAT...
Technology 6.43% 6.75% #2
Prev: #2
4.6 1,342 0.3%
P
S
499,471 $87,107,714 2018 Q1 13F Filing 2026-03-31 2026-04-24
GOOG
ALPHABET INC
Communication Services 6.04% 6.49% #3
Prev: #3
3.9 1,011 0.4%
P
S
285,518 $81,903,827 2011 Q3 13F Filing 2026-03-31 2026-04-24
AAPL
APPLE INC
Technology 5.23% 5.45% #4 1
Prev: #5
3.1 3,423 1.2%
P
S
279,552 $70,947,579 2009 Q1 13F Filing 2026-03-31 2026-04-24
MSFT
MICROSOFT CORP
Technology 4.48% 5.67% #5 1
Prev: #4
2.8 2,738 1.7%
P
S
164,135 $60,757,915 2009 Q1 13F Filing 2026-03-31 2026-04-24
IAU
ISHARES GOLD TR
ETF 4.37% 3.97% #6
Prev: #6
2.2 -890 -0.1%
P
S
671,733 $59,219,981 2011 Q3 13F Filing 2026-03-31 2026-04-24
AMZN
AMAZON COM INC
Consumer Cyclical 3.39% 3.63% #7
Prev: #7
1.9 4,141 1.9%
P
S
220,747 $45,974,877 2009 Q1 13F Filing 2026-03-31 2026-04-24
JPM
JPMORGAN CHASE ...
Financial Services 2.82% 3.04% #8
Prev: #8
1.6 -194 -0.1%
P
S
129,809 $38,184,551 2009 Q1 13F Filing 2026-03-31 2026-04-24
VMC
VULCAN MATLS CO
Basic Materials 2.70% 2.75% #9
Prev: #9
1.6 1,686 1.3%
P
S
134,579 $36,645,862 2009 Q1 13F Filing 2026-03-31 2026-04-24
META
META PLATFORMS ...
Communication Services 2.07% 2.33% #10
Prev: #10
1.3 542 1.1%
P
S
49,136 $28,112,185 2015 Q2 13F Filing 2026-03-31 2026-04-24
JNJ
JOHNSON & JOHNS...
Healthcare 1.71% 1.44% #11 6
Prev: #17
1.2 -1,170 -1.2%
P
S
94,611 $23,126,672 2009 Q1 13F Filing 2026-03-31 2026-04-24
HD
HOME DEPOT INC
Consumer Cyclical 1.64% 1.60% #12 2
Prev: #14
2.7 3,764 5.9%
P
S
67,655 $22,250,986 2009 Q1 13F Filing 2026-03-31 2026-04-24
GS
GOLDMAN SACHS G...
Financial Services 1.62% 1.60% #13
Prev: #13
1.1 876 3.5%
P
S
25,888 $21,901,202 2009 Q1 13F Filing 2026-03-31 2026-04-24
XOM
EXXON MOBIL COR...
Energy 1.50% 1.06% #14 10
Prev: #24
1.1 -962 -0.8%
P
S
119,703 $20,308,774 2009 Q1 13F Filing 2026-03-31 2026-04-24
ADI
ANALOG DEVICES ...
Technology 1.49% 1.30% #15 4
Prev: #19
1.1 -2,214 -3.4%
P
S
63,560 $20,220,978 2021 Q3 13F Filing 2026-03-31 2026-04-24
LLY
ELI LILLY & CO
Healthcare 1.46% 1.63% #16 4
Prev: #12
1.1 550 2.6%
P
S
21,484 $19,760,339 2011 Q2 13F Filing 2026-03-31 2026-04-24
IVE
ISHARES TR
ETF 1.45% 1.43% #17 1
Prev: #18
1.6 no change no change
P
S
92,784 $19,591,342 2016 Q1 13F Filing 2026-03-31 2026-04-24
LMT
LOCKHEED MARTIN...
Industrials 1.43% 1.17% #18 2
Prev: #20
1.1 -1,112 -3.3%
P
S
32,125 $19,416,029 2009 Q1 13F Filing 2026-03-31 2026-04-24
BLK
BLACKROCK INC
Financial Services 1.43% 1.65% #19 8
Prev: #11
1.1 -1,076 -5.1%
P
S
20,103 $19,332,783 2013 Q2 13F Filing 2026-03-31 2026-04-24
AXP
AMERICAN EXPRES...
Financial Services 1.22% 1.51% #20 4
Prev: #16
1.0 -1,732 -3.1%
P
S
54,457 $16,472,226 2013 Q1 13F Filing 2026-03-31 2026-04-24
CAT
CATERPILLAR INC
Industrials 1.21% 0.90% #21 8
Prev: #29
2.5 1,479 6.8%
P
S
23,186 $16,426,356 2009 Q1 13F Filing 2026-03-31 2026-04-24
V
VISA INC
Financial Services 1.21% 1.52% #22 7
Prev: #15
1.0 -5,504 -9.2%
P
S
54,184 $16,376,653 2020 Q1 13F Filing 2026-03-31 2026-04-24
LHX
L3HARRIS TECHNO...
Industrials 1.19% 1.09% #23 1
Prev: #22
1.0 -4,584 -8.9%
P
S
46,701 $16,118,872 2019 Q3 13F Filing 2026-03-31 2026-04-24
NEE
NEXTERA ENERGY ...
Utilities 1.18% 1.04% #24 1
Prev: #25
1.0 -5,807 -3.3%
P
S
172,539 $16,025,458 2010 Q2 13F Filing 2026-03-31 2026-04-24
CSCO
CISCO SYS INC
Technology 1.08% 1.14% #25 4
Prev: #21
0.9 -15,568 -7.6%
P
S
188,572 $14,631,264 2011 Q3 13F Filing 2026-03-31 2026-04-24
RTX
RTX CORPORATION
Industrials 1.03% 0.96% #26
Prev: #26
0.9 -152 -0.2%
P
S
72,202 $13,927,766 2020 Q2 13F Filing 2026-03-31 2026-04-24
MRK
MERCK & CO INC
Healthcare 0.99% 0.85% #27 4
Prev: #31
0.9 -368 -0.3%
P
S
111,375 $13,397,299 2009 Q1 13F Filing 2026-03-31 2026-04-24
IWF
ISHARES TR
ETF 0.98% 1.08% #28 5
Prev: #23
0.9 -22 -0.1%
P
S
31,305 $13,348,452 2012 Q2 13F Filing 2026-03-31 2026-04-24
GD
GENERAL DYNAMIC...
Industrials 0.96% 0.92% #29 1
Prev: #28
0.9 339 0.9%
P
S
37,862 $12,994,996 2009 Q1 13F Filing 2026-03-31 2026-04-24
PG
PROCTER & GAMBL...
Consumer Defensive 0.95% 0.86% #30
Prev: #30
2.4 7,289 8.9%
P
S
89,457 $12,921,228 2009 Q1 13F Filing 2026-03-31 2026-04-24
NOC
NORTHROP GRUMMA...
Industrials 0.84% 0.82% #31 1
Prev: #32
0.8 -3,072 -15.6%
P
S
16,636 $11,349,745 2009 Q1 13F Filing 2026-03-31 2026-04-24
AVGO
BROADCOM INC
Technology 0.80% 0.92% #32 5
Prev: #27
0.8 -1,448 -3.9%
P
S
35,222 $10,901,561 2024 Q4 13F Filing 2026-03-31 2026-04-24
PM
PHILIP MORRIS I...
Consumer Defensive 0.78% 0.79% #33 1
Prev: #34
0.8 -4,313 -6.3%
P
S
63,896 $10,564,565 2009 Q1 13F Filing 2026-03-31 2026-04-24
VLO
VALERO ENERGY C...
Energy 0.71% 0.46% #34 14
Prev: #48
0.8 -248 -0.6%
P
S
39,062 $9,651,494 2013 Q2 13F Filing 2026-03-31 2026-04-24
CP
CANADIAN PACIFI...
Industrials 0.66% 0.62% #35 3
Prev: #38
0.8 -3,308 -2.8%
P
S
112,975 $8,886,614 2023 Q2 13F Filing 2026-03-31 2026-04-24
PEP
PEPSICO INC
Consumer Defensive 0.64% 0.60% #36 3
Prev: #39
0.8 -1,312 -2.3%
P
S
56,091 $8,710,371 2010 Q2 13F Filing 2026-03-31 2026-04-24
AVB
AVALONBAY CMNTY...
Real Estate 0.63% 0.68% #37 1
Prev: #36
0.8 270 0.5%
P
S
51,994 $8,493,220 2024 Q4 13F Filing 2026-03-31 2026-04-24
BX
BLACKSTONE INC
Financial Services 0.62% 0.80% #38 5
Prev: #33
0.7 779 1.1%
P
S
72,533 $8,340,570 2013 Q2 13F Filing 2026-03-31 2026-04-24
ICE
INTERCONTINENTA...
Financial Services 0.61% 0.20% #39 36
Prev: #75
3.2 35,092 205.4%
P
S
52,178 $8,206,556 2025 Q4 13F Filing 2026-03-31 2026-04-24
BTT
BLACKROCK MUN T...
Financial Services 0.60% 0.64% #40 3
Prev: #37
0.7 -30,635 -7.9%
P
S
357,067 $8,105,429 2014 Q1 13F Filing 2026-03-31 2026-04-24
NVS
NOVARTIS AG
Healthcare 0.59% 0.54% #41 1
Prev: #42
0.7 -1,144 -2.1%
P
S
52,668 $8,045,037 2011 Q3 13F Filing 2026-03-31 2026-04-24
CINF
CINCINNATI FINL...
Financial Services 0.59% 0.59% #42 2
Prev: #40
0.7 1,242 2.5%
P
S
50,765 $7,987,873 2021 Q1 13F Filing 2026-03-31 2026-04-24
BWXT
BWX TECHNOLOGIE...
Industrials 0.59% 0.37% #43 14
Prev: #57
2.7 9,853 33.8%
P
S
38,969 $7,968,771 2021 Q3 13F Filing 2026-03-31 2026-04-24
SBUX
STARBUCKS CORP
Consumer Cyclical 0.58% 0.50% #44 2
Prev: #46
2.2 5,586 6.8%
P
S
87,728 $7,859,552 2016 Q2 13F Filing 2026-03-31 2026-04-24
QQQ
INVESCO QQQ TR
ETF 0.55% 0.56% #45 4
Prev: #41
0.7 385 3.1%
P
S
12,877 $7,432,589 2013 Q4 13F Filing 2026-03-31 2026-04-24
CVX
CHEVRON CORPORA...
Energy 0.55% 0.38% #46 10
Prev: #56
0.7 1,556 4.5%
P
S
35,774 $7,401,641 2009 Q1 13F Filing 2026-03-31 2026-04-24
ABT
ABBOTT LABORATO...
Healthcare 0.54% 0.70% #47 12
Prev: #35
0.7 -5,170 -6.7%
P
S
71,812 $7,372,943 2011 Q2 13F Filing 2026-03-31 2026-04-24
COST
COSTCO WHOLESAL...
Consumer Defensive 0.50% 0.36% #48 10
Prev: #58
2.2 932 16.0%
P
S
6,740 $6,715,938 2022 Q1 13F Filing 2026-03-31 2026-04-24
ORCL
ORACLE CORP
Technology 0.49% 0.51% #49 5
Prev: #44
2.7 9,512 26.4%
P
S
45,519 $6,696,293 2013 Q3 13F Filing 2026-03-31 2026-04-24
MLI
MUELLER INDS IN...
Industrials 0.48% 0.52% #50 7
Prev: #43
0.7 -4,037 -6.4%
P
S
58,806 $6,515,705 2024 Q2 13F Filing 2026-03-31 2026-04-24
Showing 1-50 of 173 holdings

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