Institutions / Narwhal Capital Management / Holdings

Narwhal Capital Management

All holdings · as of Dec 31, 2025

Company	Class	Value	Shares	% of portfolio
ISHARES TR	—	$144.22M	210,559	10.5%
NVIDIA Corp	—	$92.90M	498,129	6.8%
Alphabet Inc.	—	$89.28M	284,507	6.5%
MICROSOFT CORP	—	$78.06M	161,397	5.7%
Apple Inc.	—	$75.07M	276,129	5.5%
ISHARES GOLD TR	—	$54.60M	672,623	4.0%
Amazon.com Inc	—	$50.00M	216,606	3.6%
JPMORGAN CHASE & CO	—	$41.89M	130,003	3.0%
Vulcan Materials Co	—	$37.90M	132,893	2.8%
Meta Platforms Inc	—	$32.08M	48,594	2.3%
BlackRock, Inc.	—	$22.67M	21,179	1.6%
ELI LILLY & Co	—	$22.50M	20,934	1.6%
THE GOLDMAN SACHS GROUP, INC.	—	$21.99M	25,012	1.6%
HOME DEPOT, INC.	—	$21.98M	63,891	1.6%
Visa Inc	—	$20.93M	59,688	1.5%
AMERICAN EXPRESS CO	—	$20.79M	56,189	1.5%
JOHNSON & JOHNSON	—	$19.82M	95,781	1.4%
ISHARES TR	—	$19.68M	92,784	1.4%
ANALOG DEVICES INC	—	$17.84M	65,774	1.3%
LOCKHEED MARTIN CORP	—	$16.08M	33,237	1.2%
CISCO SYSTEMS, INC.	—	$15.72M	204,140	1.1%
L3HARRIS TECHNOLOGIES, INC. /DE	—	$15.06M	51,285	1.1%
ISHARES TR	—	$14.83M	31,327	1.1%
EXXON MOBIL CORP	—	$14.52M	120,665	1.1%
NEXTERA ENERGY INC	—	$14.32M	178,346	1.0%
RTX Corp	—	$13.27M	72,354	1.0%
Broadcom Inc.	—	$12.69M	36,670	0.9%
GENERAL DYNAMICS CORP	—	$12.63M	37,523	0.9%
CATERPILLAR INC	—	$12.44M	21,707	0.9%
PROCTER & GAMBLE Co	—	$11.78M	82,168	0.9%
Merck & Co., Inc.	—	$11.76M	111,743	0.9%
Northrop Grumman Corp	—	$11.24M	19,708	0.8%
Blackstone Inc	—	$11.06M	71,754	0.8%
Philip Morris International Inc.	—	$10.94M	68,209	0.8%
ABBOTT LABORATORIES	—	$9.65M	76,982	0.7%
AVALONBAY COMMUNITIES INC	—	$9.38M	51,724	0.7%
BlackRock Municipal 2030 Target Term TrustBTT	Closed-End Fund	$8.85M	387,702	0.6%
CANADIAN PACIFIC KANSAS CITY	—	$8.56M	116,283	0.6%
PEPSICO INC	—	$8.24M	57,403	0.6%
CINCINNATI FINANCIAL CORP	—	$8.09M	49,523	0.6%
INVESCO QQQ TR	—	$7.67M	12,492	0.6%
NOVARTIS AG	—	$7.42M	53,812	0.5%
MUELLER INDUSTRIES INC	—	$7.21M	62,843	0.5%
ORACLE CORP	—	$7.02M	36,007	0.5%
Domino's Pizza Inc.	—	$6.99M	16,764	0.5%
STARBUCKS CORP	—	$6.92M	82,142	0.5%
ISHARES TR	—	$6.90M	56,000	0.5%
Valero Energy Corp	—	$6.40M	39,310	0.5%
CRH PUBLIC LTD CO	—	$6.29M	50,393	0.5%
HCA Healthcare, Inc.	—	$6.18M	13,243	0.4%