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Portfolio (Quarterly) Guide ↗

Narwhal Capital Management

· CIK 0001461287
13F Portfolio $1.4B AUM 169 positions Filed Apr 24, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 10 New 46 Added 54 Reduced 4 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 SUNB SUNBELT RENTALS HOLDINGS INC Financial Services 99,371.0 $6.5M 0.48% NEW $65.09 +17.2%
2 VGLT VANGUARD SCOTTSDALE FDS 8,235.0 $456K 0.03% NEW $55.35 -3.3%
3 RF REGIONS FINANCIAL CORP NEW Financial Services 14,171.0 $370K 0.03% NEW $26.12 +2.1%
4 KO COCA COLA CO Consumer Defensive 4,445.0 $338K 0.03% NEW $76.05 +6.3%
5 BUD ANHEUSER BUSCH INBEV SA NV Consumer Defensive 4,406.0 $306K 0.02% NEW $69.37 +17.2%
6 SPTS SPDR SERIES TRUST 10,399.0 $303K 0.02% NEW $29.18 -0.6%
7 UNP UNION PAC CORP Industrials 1,018.0 $247K 0.02% NEW $242.63 +11.5%
8 JBHT HUNT J B TRANS SVCS INC Industrials 1,023.0 $217K 0.02% NEW $211.90 +23.7%
9 VZ VERIZON COMMUNICATIONS INC Communication Services 4,090.0 $205K 0.01% NEW $50.20 -7.6%
10 FMY FIRST TR MTG INCOME FD Financial Services 13,354.0 $157K 0.01% NEW $11.77 -1.5%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.8%
Financial Services 21.1%
Communication Services 11.1%
Industrials 10.4%
Consumer Cyclical 7.7%
Healthcare 7.3%
Energy 4.7%
Consumer Defensive 4.3%
Basic Materials 3.7%
Utilities 2.0%