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Portfolio (Quarterly) Guide ↗

Narwhal Capital Management

· CIK 0001461287
13F Portfolio $1.4B AUM Filed Jan 30, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 163 New
Page 9 of 9  ·  163 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 NOV NOV INC Energy 10,217.0 $160K 0.01% NEW — $15.63 +27.1%
162 NVDA PUT NVIDIA CORPORATION Technology 1,000.0 $14K 0.00% NEW — $14.12 +1493.4%
163 FATE FATE THERAPEUTICS INC Healthcare 12,700.0 $12K 0.00% NEW — $0.98 +139.2%
Page 9 of 9  ·  163 positions

① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 31.5%
Financial Services 23.0%
Industrials 9.8%
Consumer Cyclical 8.7%
Healthcare 8.0%
Communication Services 4.1%
Consumer Defensive 4.1%
Basic Materials 4.0%
Energy 3.6%
Utilities 2.1%