We are live on ! Find out more
NCM

Narwhal Capital Management Portfolio holdings

AUM $1.45B
1-Year Est. Return 28.39%
This Fund
S&P 500
This Quarter Est. Return
+10.73%
1 Year Est. Return
+28.39%
3 Year Est. Return
+93.85%
5 Year Est. Return
+119.75%
10 Year Est. Return
+391.36%
AUM
$1.35B
AUM Growth
+$105M
Cap. Flow
-$15.1M
Cap. Flow %
-1.12%
Top 10 Hldgs %
49.27%
Holding
171
New
9
Increased
42
Reduced
78
Closed
7

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$4.82M
2
ORCL icon
Oracle
ORCL
+$3.98M
3
PEP icon
PepsiCo
PEP
+$3.65M
4
V icon
Visa
V
+$3.34M
5
CPRT icon
Copart
CPRT
+$3.07M

Top Sells

Rank Stock Value
1
MLR icon
Miller Industries
MLR
+$6.82M
2
LULU icon
lululemon athletica
LULU
+$5.45M
3
CSGP icon
CoStar Group
CSGP
+$4.18M
4
AVGO icon
Broadcom
AVGO
+$3.69M
5
GS icon
Goldman Sachs
GS
+$3.24M

Sector Composition

Rank Sector Weight
1 Technology 23.99%
2 Financials 11.07%
3 Industrials 9.1%
4 Communication Services 8.24%
5 Consumer Discretionary 6.72%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IVV icon
1
iShares Core S&P 500 ETF
IVV
$902B
$136M 10.11%
203,919
+7,490
+4% +$4.82M
NVDA icon
2
NVIDIA
NVDA
$5.42T
$94.8M 7.02%
508,238
+8,421
+2% +$1.47M
MSFT icon
3
Microsoft
MSFT
$3.71T
$80.8M 5.99%
156,069
-1,179
-0.7% -$601K
AAPL icon
4
Apple
AAPL
$4.57T
$69.4M 5.14%
272,566
-2,402
-0.9% -$543K
GOOG icon
5
Alphabet (Google) Class C
GOOG
$4.32T
$69.2M 5.12%
284,087
-7,420
-3% -$1.56M
IAU icon
6
iShares Gold Trust
IAU
$67.5B
$48.9M 3.62%
672,041
+286
+0% +$18.7K
AMZN icon
7
Amazon
AMZN
$2.96T
$46.5M 3.44%
211,752
-1,479
-0.7% -$335K
VMC icon
8
Vulcan Materials
VMC
$36.9B
$41M 3.04%
133,394
+10,559
+9% +$3M
JPM icon
9
JPMorgan Chase
JPM
$950B
$40.4M 2.99%
128,184
+1,690
+1% +$503K
META icon
10
Meta Platforms (Facebook)
META
$1.51T
$37.6M 2.78%
51,141
+1,152
+2% +$857K
HD icon
11
Home Depot
HD
$355B
$24.7M 1.83%
60,886
-6,081
-9% -$2.39M
BLK icon
12
Blackrock
BLK
$176B
$24.3M 1.8%
20,825
-2,376
-10% -$2.66M
GS icon
13
Goldman Sachs
GS
$303B
$21.2M 1.57%
26,599
-4,372
-14% -$3.24M
V icon
14
Visa
V
$677B
$20.4M 1.51%
59,895
+9,649
+19% +$3.34M
AXP icon
15
American Express
AXP
$230B
$19.7M 1.46%
59,257
-77
-0.1% -$24.5K
IVE icon
16
iShares S&P 500 Value ETF
IVE
$49.8B
$19.2M 1.42%
92,784
-500
-0.5% -$100K
LMT icon
17
Lockheed Martin
LMT
$136B
$18.2M 1.35%
36,465
+4,564
+14% +$2.07M
JNJ icon
18
Johnson & Johnson
JNJ
$625B
$17.9M 1.32%
96,371
+15,755
+20% +$2.7M
LLY icon
19
Eli Lilly
LLY
$1.06T
$17.7M 1.31%
23,222
-2,154
-8% -$1.6M
LHX icon
20
L3Harris
LHX
$53.4B
$15.3M 1.13%
50,128
+6,759
+16% +$1.85M
AVGO icon
21
Broadcom
AVGO
$2.04T
$15.2M 1.12%
45,963
-12,035
-21% -$3.69M
ADI icon
22
Analog Devices
ADI
$190B
$14.8M 1.1%
60,255
-3,815
-6% -$917K
IWF icon
23
iShares Russell 1000 Growth ETF
IWF
$128B
$14.7M 1.09%
125,308
-92
-0.1% -$10.2K
RTX icon
24
RTX Corp
RTX
$301B
$13.5M 1%
80,685
+19,110
+31% +$2.97M
NEE icon
25
NextEra Energy
NEE
$177B
$13.3M 0.98%
176,113
-3,780
-2% -$276K
1
2 3 4 5

Similar funds

SIA
Strategic Investment Advisors Farmington Hills, Michigan $1.45B AUM 17.59% 1-Year Est. Return
VIP
Vantage Investment Partners Kansas City, Missouri $1.45B AUM 18.96% 1-Year Est. Return
SIM
SSI Investment Management Los Angeles, California $1.45B AUM 5.8% 1-Year Est. Return
CHAM
Clear Harbor Asset Management Stamford, Connecticut $1.45B AUM 23.7% 1-Year Est. Return
HTI
Hikari Tsushin Inc Tokyo, Japan $1.45B AUM 3.37% 1-Year Est. Return
SWP
Strategic Wealth Partners Independence, Ohio $1.44B AUM 21.2% 1-Year Est. Return
L7C
Liberty 77 Capital Washington, District of Columbia $1.46B AUM 33.32% 1-Year Est. Return
WBC
Westpac Banking Corp Sydney, Australia $1.44B AUM 28.5% 1-Year Est. Return

Narwhal Capital Management's Q3 2025 Portfolio in Review

As of Q3 2025, Narwhal Capital Management held 171 positions worth $1.35B, up 8.4% from $1.25B the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Narwhal Capital Management's Q3 2025 filing shows 9 new, 42 increased, 78 reduced and 7 closed positions. Its largest new stake was Copart: 65,100 shares worth $2.93M. The largest sale was Miller Industries, an estimated $6.82M.

By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 23% a quarter earlier, followed by Financials and Industrials.

  • Narwhal Capital Management's largest Q3 2025 buy was Copart: 65,100 shares worth $2.93M.
  • Narwhal Capital Management added most to iShares Core S&P 500 ETF in Q3 2025, an estimated $4.82M increase.
  • Narwhal Capital Management's biggest Q3 2025 reduction was CoStar Group, cutting an estimated $4.18M.
  • Narwhal Capital Management fully exited Miller Industries in Q3 2025, selling an estimated $6.82M.
  • Narwhal Capital Management's ten largest holdings make up 49% of its $1.35B portfolio in Q3 2025.
  • Narwhal Capital Management opened 9 new positions and closed 7 in Q3 2025.
  • Narwhal Capital Management's portfolio value rose 8.4% quarter-over-quarter to $1.35B.

Based on Narwhal Capital Management's 13F filing for Q3 2025, filed 24 Oct 2025.