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Narwhal Capital Management

13F filer · CIK 1461287 · Marietta, GA

Summary
Narwhal Capital Management reported $1.45B across 157 positions in its 13F for 2026 Q2, filed Jul 24, 2026. The largest holdings are IVV (11.0%), NVDA (6.9%), GOOG (6.8%). Versus 2026 Q1, leaving options aside, it opened 7 new positions, added to 45, trimmed 64 and sold out of 20.
Reported value$1.45B
Positions157incl. options
Report period2026 Q2
FiledJul 24, 2026
New positions7
Added45
Trimmed64
Sold out20

Top 25 holdings

By reported value, options listed separately · change vs 2026 Q1

Weight 11.0%Value $158.79MPrice $768.93Shares 212K +0.22%Since Jun 30 +2.68%
Weight 6.9%Value $99.75MPrice $228.86Shares 499K -0.19%Since Jun 30 +14.38%
Weight 6.8%Value $98.54MPrice $339.16Shares 279K -2.32%Since Jun 30 -4.01%
Weight 5.6%Value $81.09MPrice $329.40Shares 280K +0.25%Since Jun 30 +13.84%
Weight 4.2%Value $60.54MPrice $509.22Shares 162K -1.12%Since Jun 30 +36.51%
Weight 3.7%Value $54.25MPrice $246.67Shares 228K +3.11%Since Jun 30 +3.50%
Weight 3.5%Value $50.75MPrice $77.50Shares 672K +0.05%Since Jun 30 +2.64%
Weight 2.9%Value $42.41MPrice $336.59Shares 130K -0.18%Since Jun 30 +2.83%
Weight 2.7%Value $39.34MPrice $246.15Shares 133K -0.91%Since Jun 30 -16.56%
Weight 1.9%Value $26.91MPrice $715.62Shares 48K -2.77%Since Jun 30 +27.04%
Weight 1.8%Value $25.97MPrice $398.22Shares 65K +2.87%Since Jun 30 +0.26%
Weight 1.7%Value $25.22MPrice $916.28Shares 25K -3.67%Since Jun 30 -9.40%
Weight 1.7%Value $24.52MPrice $1185Shares 20K -4.84%Since Jun 30 -1.22%
Weight 1.7%Value $23.92MPrice $271.95Shares 94K -0.46%Since Jun 30 +7.08%
Weight 1.6%Value $23.62MPrice $826.64Shares 22K -4.34%Since Jun 30 -22.38%
Weight 1.6%Value $23.08MPrice $289.89Shares 65K -3.25%Since Jun 30 -17.80%
Weight 1.6%Value $22.57MPrice $106.74Shares 192K +1.89%Since Jun 30 -9.13%
Weight 1.5%Value $21.07MPrice $230.46Shares 93KSince Jun 30 +1.50%
Weight 1.3%Value $19.08MPrice $305.40Shares 56K +3.60%Since Jun 30 -9.71%
Weight 1.2%Value $18.07MPrice $1068Shares 19K -6.54%Since Jun 30 +11.07%
Weight 1.1%Value $15.92MPrice $367.74Shares 46K -14.36%Since Jun 30 +7.18%
Weight 1.1%Value $15.55MPrice $125.20Shares 125K +300.00%Since Jun 30 +0.83%
Weight 1.1%Value $15.53MPrice $355.10Shares 41K +16.75%Since Jun 30 -6.00%
Weight 1.1%Value $15.36MPrice $162.52Shares 112K -6.12%Since Jun 30 +18.87%
Weight 1.1%Value $15.22MPrice $187.66Shares 80K +11.13%Since Jun 30 -1.09%

Weight is the share of the reported 13F value, including options at notional value. “Since Jun 30” compares the latest close with the quarter-end price implied by the filing (value ÷ shares).

Largest buys in 2026 Q2

IWFIWFISHARES TR≈ $11.66MAdd
NOWNOWSERVICENOW INC≈ $7.05MAdd
AMRZAMRZAMRIZE LTD≈ $3.50MNew
QCOMQCOMQUALCOMM INC≈ $2.60MAdd

Largest sells in 2026 Q2

Options

Notional value, listed apart from stocks

Source: SEC Form 13F, values as reported by the filer. Filings lag up to 45 days after quarter end and cover only certain long positions. Research only, not investment advice.

Original filing All 13F filings on EDGAR