Narwhal Capital Management
Narwhal Capital Management reported 155 stocks worth $1.4B in its 13F filing for Q2 2026, filed Jul 24, 2026. Its largest holdings are IVV (11.0%), NVDA (6.9%) and GOOG (6.8%). Compared with Q1 2026, the fund opened new positions in AMRZ, DGX and ASML, added to IVV, AAPL and AMZN, trimmed NVDA, GOOG and MSFT and sold out of BTT, MTBA and FTHY.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  IVV Ishares TR | $159M | 11.0% | 212K | +469 (+0%) | 8 of 8 | |
| 2 |  NVDA Nvidia Corporation | $99.7M | 6.9% | 499K | −951 (−0%) | 8 of 8 | |
| 3 |  GOOG Alphabet Inc | $98.5M | 6.8% | 279K | −6,614 (−2%) | 8 of 8 | |
| 4 |  AAPL Apple Inc | $81.1M | 5.6% | 280K | +685 (+0%) | 8 of 8 | |
| 5 |  MSFT Microsoft Corp | $60.5M | 4.2% | 162K | −1,843 (−1%) | 8 of 8 | |
| 6 |  AMZN Amazon Com Inc | $54.3M | 3.8% | 228K | +6,875 (+3%) | 8 of 8 | |
| 7 |  IAU Ishares Gold TR | $50.7M | 3.5% | 672K | No change | 8 of 8 | |
| 8 |  JPM Jpmorgan Chase & Co. | $42.4M | 2.9% | 130K | −231 (−0%) | 8 of 8 | |
| 9 |  VMC Vulcan Matls Co | $39.3M | 2.7% | 133K | −1,222 (−1%) | 8 of 8 | |
| 10 |  META Meta Platforms Inc | $26.9M | 1.9% | 48K | −1,361 (−3%) | 8 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 BTT Blackrock Mun Target Term TR Com Shs Ben in | $8.1M | 357K |
 MTBA Simplify Mbs ETF | $3.1M | 62K |
 FTHY First TR High Yield Opprt 2027 Com | $2.7M | 197K |
 MGOV First TR Exchange-Traded FD | $1.2M | 59K |
 CLOI Vaneck ETF Trust | $958K | 18K |
🔒 Free account: see all 20.
Options
valued at the underlying sharesReported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Jul 24, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Narwhal Capital Management 13F FAQ
What does Narwhal Capital Management own?
Narwhal Capital Management reported 155 stocks worth $1.4B in its 13F filing for Q2 2026, filed Jul 24, 2026. Its largest holdings are IVV (11.0%), NVDA (6.9%) and GOOG (6.8%). The table above lists every position in the filing (the top 10 without an account).
What did Narwhal Capital Management buy and sell in Q2 2026?
Compared with Q1 2026: 7 new positions, 42 added to, 61 trimmed and 20 sold out. New positions include AMRZ, DGX and ASML. It sold all of BTT, MTBA and FTHY.
When will Narwhal Capital Management file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Narwhal Capital Management's portfolio worth?
The Q2 2026 filing reports $1.4B in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.