NCM

Narwhal Capital Management Portfolio holdings

AUM $1.25B

This Quarter Return

-3.46%

1 Year Return

+16.85%

3 Year Return

+85.16%

5 Year Return

+142.35%

10 Year Return

+320.31%

AUM

$1.12B

AUM Growth

-$9.14M (-0.8%)

Cap. Flow

+$42.4M

Cap. Flow % of AUM

3.78%

Top 10 Holdings %Top 10 Hldgs %

43.73%

Holding

166

New

Increased

Reduced

Closed

Top Buys

1	AvalonBay Communities AVB	$7.28M
2	iShares Core S&P 500 ETF IVV	$4.44M
3	UFP Industries UFPI	$4.22M
4	Canadian Pacific Kansas City CP	$3.96M
5	lululemon athletica LULU	$3.85M

Top Sells

1	UnitedHealth UNH	$6.11M
2	Qualcomm QCOM	$4.73M
3	HCA Healthcare HCA	$3.13M
4	Lockheed Martin LMT	$2.12M
5	PepsiCo PEP	$1.92M

Sector Composition

1	Technology	20.75%
2	Financials	10.93%
3	Industrials	8.34%
4	Consumer Discretionary	8%
5	Healthcare	7.65%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
76	76 Target TGT $47.9B	$2.75M	0.24%	26,329 -10,350	-28%	-$1.08M
77	77 Adobe ADBE $157B	$2.72M	0.24%	7,100 -336	-5%	-$129K
78	78 Walmart WMT $772B	$2.64M	0.24%	30,119 +9,228	+44%	+$810K
79	79 iShares Core S&P Small-Cap ETF IJR $81.7B	$2.46M	0.22%	23,562	–	–
80	80 Vanguard Materials ETF VAW $2.78B	$2.42M	0.22%	12,803 -5,195	-29%	-$981K
81	81 Schlumberger SLB $52.7B	$2.39M	0.21%	57,075 -17,570	-24%	-$734K
82	82 Starbucks SBUX $106B	$2.3M	0.2%	23,456 -893	-4%	-$87.6K
83	83 Garmin GRMN $44.9B	$2.29M	0.2%	10,546 -7,901	-43%	-$1.72M
84	84 Exelon EXC $44.2B	$2.17M	0.19%	47,180	–	–
85	85 Vanguard Real Estate ETF VNQ $34.1B	$2.02M	0.18%	22,320 -14,492	-39%	-$1.31M
86	86 BWX Technologies BWXT $13.3B	$1.87M	0.17%	18,991 -1,988	-9%	-$196K
87	87 Oneok OKE $50.8B	$1.75M	0.16%	17,602	–	–
88	88 WisdomTree Trust WisdomTree US Quality Dividend Growth Fund DGRW $16.2B	$1.74M	0.15%	21,779	–	–
89	89 Elevance Health ELV $65.8B	$1.6M	0.14%	3,675 -600	-14%	-$261K
90	90 Amgen AMGN $164B	$1.58M	0.14%	5,056 -26	-0.5%	-$8.1K
91	91 Altria Group MO $101B	$1.56M	0.14%	26,045	–	–
92	92 Unilever UL $148B	$1.56M	0.14%	26,181 -4	-0%	-$238
93	93 AT&T T $202B	$1.52M	0.14%	53,595	–	–
94	94 Natera NTRA $19.1B	$1.41M	0.13%	9,993 +3,494	+54%	+$494K
95	NXRT 95 NexPoint Residential Trust NXRT $850M	$1.27M	0.11%	32,162 -15,508	-33%	-$613K
96	96 Deere & Co DE $138B	$1.26M	0.11%	2,691 +1,701	+172%	+$798K
97	97 ServiceNow NOW $201B	$1.17M	0.1%	1,473 -743	-34%	-$592K
98	98 Tesla TSLA $1.01T	$1.17M	0.1%	4,514 -2,927	-39%	-$759K
99	99 SPDR S&P 500 ETF Trust SPY $654B	$1.12M	0.1%	1,997 +51	+3%	+$28.5K
100	100 Entergy ETR $39.4B	$1.11M	0.1%	13,000	–	–