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Portfolio (Quarterly) Guide ↗

Narwhal Capital Management

· CIK 0001461287
13F Portfolio $1.4B AUM Filed Jan 30, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 163 New
Page 4 of 9  ·  163 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 ADBE ADOBE INC Technology 12,840.0 $4.5M 0.33% NEW $349.99 -27.5%
62 GGG GRACO INC Industrials 54,088.0 $4.4M 0.32% NEW $81.97 -8.2%
63 KMI KINDER MORGAN INC DEL Energy 154,280.0 $4.2M 0.31% NEW $27.49 +24.9%
64 GLD SPDR GOLD TR Financial Services 10,263.0 $4.1M 0.30% NEW $396.31 +4.4%
65 UFPI UFP INDUSTRIES INC Basic Materials 44,208.0 $4.0M 0.29% NEW $91.05 -12.7%
66 BERKSHIRE HATHAWAY INC DEL 5.0 $3.8M 0.27% NEW $754800.00
67 ENTG ENTEGRIS INC Technology 44,159.0 $3.7M 0.27% NEW $84.25 +48.6%
68 GRMN GARMIN LTD Technology 18,325.0 $3.7M 0.27% NEW $202.85 +13.3%
69 MTBA SIMPLIFY EXCHANGE TRADED FUN 72,068.0 $3.6M 0.26% NEW $50.41 -3.3%
70 MU MICRON TECHNOLOGY INC Technology 11,188.0 $3.2M 0.23% NEW $285.41 +150.5%
71 TSLA TESLA INC Consumer Cyclical 6,586.0 $3.0M 0.21% NEW $449.72 -10.7%
72 DVY ISHARES TR 20,970.0 $3.0M 0.21% NEW $141.14 +8.3%
73 SDY SPDR SERIES TRUST 20,989.0 $2.9M 0.21% NEW $139.16 +6.6%
74 WMT WALMART INC Consumer Defensive 24,849.0 $2.8M 0.20% NEW $111.41 +21.1%
75 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 17,086.0 $2.8M 0.20% NEW $161.96 -3.5%
76 NOW SERVICENOW INC Technology 16,977.0 $2.6M 0.19% NEW $153.19 -33.9%
77 IJR ISHARES TR 20,450.0 $2.5M 0.18% NEW $120.18 +11.3%
78 NTRA NATERA INC Healthcare 9,745.0 $2.2M 0.16% NEW $229.09 -15.1%
79 FIRST TR HIGH YIELD OPPRT 20 154,983.0 $2.2M 0.16% NEW $14.07
80 DGRW WISDOMTREE TR 21,779.0 $1.9M 0.14% NEW $89.43 +6.9%
Page 4 of 9  ·  163 positions

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 28.9%
Financial Services 21.2%
Communication Services 11.7%
Industrials 9.0%
Consumer Cyclical 8.0%
Healthcare 7.3%
Consumer Defensive 3.7%
Basic Materials 3.7%
Energy 3.4%
Utilities 1.9%