Narwhal Capital Management reported 114 positions worth $1.21B for the quarter ended Sep 30, 2026, up 2.4% on the prior quarter. It opened 2 new positions, added to 35, trimmed 62 and exited 3. Its largest holding is Nvidia Corp at 9.4% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| VMRK Vivmark Residential | +147.4K | – | $8.96M | 0.741% |
| GEV GE Vernova Inc. | +3,744 | – | $3.56M | 0.294% |
| ASML Asml Holding Nv | +1,396 | +113.0% | $2.53M | 0.394% |
| HD Home Depot, Inc. | +8,471 | +12.9% | $2.41M | 1.74% |
| ENTG Entegris Inc | +14.1K | +29.3% | $2.17M | 0.793% |
| AXP American Express Co | +6,729 | +11.9% | $2.05M | 1.59% |
| JBHT Hunt J B Transport Services Inc | +9,043 | +428.2% | $2.03M | 0.207% |
| COST Costco Wholesale Corp | +1,823 | +25.8% | $1.66M | 0.67% |
| DGX Quest Diagnostics Inc | +6,657 | +49.9% | $1.55M | 0.386% |
| SAIA Saia Inc | +3,766 | +159.2% | $1.26M | 0.169% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| NFLX Netflix Inc | -62.3K | -93.6% | $4.34M | 0.025% |
| GS Goldman Sachs Group Inc | -3,509 | -14.1% | $3.16M | 1.6% |
| CP Canadian Pacific Kansas City Ltd | -34.2K | -27.0% | $2.91M | 0.65% |
| QCOM Qualcomm Inc | -14.0K | -28.9% | $2.57M | 0.522% |
| PG PROCTER & GAMBLE Co | -15.0K | -17.4% | $2.17M | 0.854% |
| NOW ServiceNow, Inc. | -13.5K | -13.0% | $1.81M | 0.999% |
| LHX L3Harris Technologies, Inc. | -7,324 | -18.2% | $1.73M | 0.647% |
| RTX RTX Corp | -8,631 | -10.8% | $1.60M | 1.1% |
| GOOG Alphabet Inc. | -4,204 | -1.5% | $1.43M | 7.74% |
| ADBE Adobe Inc. | -5,821 | -62.2% | $1.40M | 0.07% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVDA Nvidia Corp | Technology | 496.8K | $113.45M | 9.38% | -1,770 | -0.4% | Reduced | 0% |
| 2 | GOOG Alphabet Inc. | Technology | 274.7K | $93.60M | 7.74% | -4,204 | -1.5% | Reduced | 0% |
| 3 | AAPL Apple Inc. | Technology | 280.0K | $93.26M | 7.71% | -191 | -0.1% | Reduced | 0% |
| 4 | MSFT Microsoft Corp | Technology | 161.4K | $82.78M | 6.85% | -904 | -0.6% | Reduced | 0% |
| 5 | AMZN Amazon Com Inc | Consumer Discretionary | 222.1K | $55.34M | 4.58% | -5,500 | -2.4% | Reduced | 0% |
| 6 | IAU Ishares Gold Trust | Others | 675.6K | $52.77M | 4.36% | +3,524 | +0.5% | Added | 0.09% |
| 7 | JPM Jpmorgan Chase & Co | Financial Services | 125.9K | $41.65M | 3.44% | -3,681 | -2.8% | Reduced | 0% |
| 8 | META Meta Platforms, Inc. | Technology | 48.4K | $35.08M | 2.9% | +601 | +1.3% | Added | 0% |
| 9 | VMC Vulcan Materials CO | Basic Materials | 128.4K | $31.41M | 2.6% | -4,943 | -3.7% | Reduced | 0.1% |
| 10 | ADI Analog Devices Inc | Technology | 66.4K | $26.34M | 2.18% | +1,002 | +1.5% | Added | 0.01% |
| 11 | JNJ Johnson & Johnson | Healthcare | 90.6K | $23.99M | 1.98% | -3,577 | -3.8% | Reduced | 0% |
| 12 | LLY ELI LILLY & Co | Healthcare | 20.3K | $23.53M | 1.95% | -107 | -0.5% | Reduced | 0% |
| 13 | HD Home Depot, Inc. | Consumer Discretionary | 73.9K | $21.03M | 1.74% | +8,471 | +12.9% | Added | 0.01% |
| 14 | CSCO Cisco Systems, Inc. | Technology | 190.9K | $20.55M | 1.7% | -1,238 | -0.6% | Reduced | 0% |
| 15 | BLK BlackRock, Inc. | Financial Services | 19.2K | $20.30M | 1.68% | +391 | +2.1% | Added | 0.01% |
Tip. Select a row to see that position’s full history at Narwhal Capital Management.
As of its Q3 2026 13F filing, Narwhal Capital Management’s five largest positions were Nvidia Corp (NVDA) at 9.4%, Alphabet Inc. (GOOG) at 7.7%, Apple Inc. (AAPL) at 7.7%, Microsoft Corp (MSFT) at 6.8%, Amazon Com Inc (AMZN) at 4.6% of the reported portfolio.
Narwhal Capital Management reported a 13F portfolio worth $1.21B across 114 positions for Q3 2026. That is up 2.4% from the previous quarter.
Its largest purchases by value were Vivmark Residential ($8.96M), GE Vernova Inc. ($3.56M), Asml Holding Nv ($2.53M). It opened 2 new positions.
Its largest sales by value were Netflix Inc ($4.34M), Goldman Sachs Group Inc ($3.16M), Canadian Pacific Kansas City Ltd ($2.91M). It exited 3 positions entirely.
From the Form 13F-HR reports Narwhal Capital Management files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.