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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
Page 2 of 3  ·  54 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 SLB SLB LIMITED Energy 115,096.0 $5.9M 0.44% -8K -6.4% $51.39 +11.5%
22 DPZ DOMINOS PIZZA INC Consumer Cyclical 15,062.0 $5.4M 0.40% -2K -10.2% $358.79 -11.8%
23 HCA HCA HEALTHCARE INC Healthcare 11,379.0 $5.4M 0.40% -2K -14.1% $473.24 -17.0%
24 SGOL ETFS GOLD TR Financial Services 113,248.0 $5.1M 0.37% -3K -2.4% $44.62 -3.1%
25 QCOM QUALCOMM INC Technology 34,198.0 $4.4M 0.33% -827.0 -2.4% $128.78 +57.3%
26 GRMN GARMIN LTD Technology 17,674.0 $4.1M 0.30% -651.0 -3.5% $232.01 +3.3%
27 MU MICRON TECHNOLOGY INC Technology 11,023.0 $3.7M 0.28% -165.0 -1.5% $337.84 +125.6%
28 MTBA SIMPLIFY EXCHANGE TRADED FUN 62,064.0 $3.1M 0.23% -10K -13.9% $49.46 -0.8%
29 TSLA TESLA INC Consumer Cyclical 6,519.0 $2.4M 0.18% -67.0 -1.0% $371.75 +12.2%
30 NTRA NATERA INC Healthcare 9,103.0 $1.8M 0.13% -642.0 -6.6% $199.99 +1.9%
31 EXC EXELON CORP Utilities 36,855.0 $1.8M 0.13% -275.0 -0.7% $49.02 -7.5%
32 SPMO INVESCO EXCH TRADED FD TR II 12,836.0 $1.4M 0.11% -840.0 -6.1% $112.11 +29.1%
33 UNH UNITEDHEALTH GROUP INC Healthcare 4,554.0 $1.2M 0.09% -988.0 -17.8% $270.59 +41.7%
34 SPY STATE STR SPDR S&P 500 ETF T Financial Services 1,762.0 $1.1M 0.09% -285.0 -13.9% $650.34 +14.2%
35 KR KROGER CO Consumer Defensive 11,923.0 $863K 0.06% -18K -60.4% $72.36 -7.3%
36 XLV SELECT SECTOR SPDR TR 5,805.0 $851K 0.06% -75.0 -1.3% $146.61 +1.1%
37 MUSA MURPHY USA INC Consumer Cyclical 1,297.0 $641K 0.05% -313.0 -19.4% $493.97 +10.2%
38 VRT VERTIV HOLDINGS CO Industrials 1,955.0 $490K 0.04% -740.0 -27.5% $250.58 +26.0%
39 INTC INTEL CORP Technology 10,795.0 $476K 0.04% -8K -41.2% $44.13 +168.5%
40 MMIN NEW YORK LIFE INVTS ACTIVE E 19,660.0 $466K 0.03% -4K -17.8% $23.71 +0.3%
Page 2 of 3  ·  54 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 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%