Narwhal Capital Management 13F annual report
Narwhal Capital Management is an investment fund managing more than $1.05 trillion ran by Jonathan Hicks. There are currently 132 companies in Mr. Hicks’s portfolio. The largest investments include Ishares Tr and Microsoft, together worth $198 billion.
$1.05 trillion Assets Under Management (AUM)
As of 29th July 2024, Narwhal Capital Management’s top holding is 445,528 shares of Ishares Tr currently worth over $127 billion and making up 12.1% of the portfolio value.
In addition, the fund holds 157,138 shares of Microsoft worth $70.2 billion, whose value grew 0.7% in the past six months.
The third-largest holding is NVIDIA Corp worth $64.2 billion and the next is Apple Inc worth $56.9 billion, with 270,080 shares owned.
Currently, Narwhal Capital Management's portfolio is worth at least $1.05 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Narwhal Capital Management
The Narwhal Capital Management office and employees reside in Marietta, Georgia. According to the last 13-F report filed with the SEC, Jonathan Hicks serves as the Chief Compliance Officer at Narwhal Capital Management.
Recent trades
In the most recent 13F filing, Narwhal Capital Management revealed that it had opened a new position in
Caterpillar and bought 25,466 shares worth $8.48 billion.
This means they effectively own approximately 0.1% of the company.
Caterpillar makes up
13.5%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
90,556 additional shares.
This makes their stake in Ishares Tr total 445,528 shares worth $127 billion.
On the other hand, there are companies that Narwhal Capital Management is getting rid of from its portfolio.
Narwhal Capital Management closed its position in Verizon Communications Inc on 5th August 2024.
It sold the previously owned 227,683 shares for $12.3 million.
Jonathan Hicks also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $70.2 billion and 157,138 shares.
One of the average hedge funds
The two most similar investment funds to Narwhal Capital Management are U S Global Investors Inc and Bloombergsen. They manage $1.05 trillion and $1.05 trillion respectively.
Jonathan Hicks investment strategy
Narwhal Capital Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 25.1% of
the total portfolio value.
The fund focuses on investments in the United States as
50.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
52% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $217 billion.
The complete list of Narwhal Capital Management trades based on 13F SEC filings
These positions were updated on August 5th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Tr |
25.51%
445,528
|
$127,333,751,000 | 12.10% |
| Microsoft Corporation |
4.12%
157,138
|
$70,232,793,000 | 6.68% |
| NVIDIA Corp |
734.38%
519,303
|
$64,154,684,000 | 6.10% |
| Apple Inc |
16.11%
270,080
|
$56,884,205,000 | 5.41% |
| Alphabet Inc |
2,049.30%
291,531
|
$53,472,645,000 | 5.08% |
| Amazon.com Inc. |
2,265.40%
197,582
|
$38,182,722,000 | 3.63% |
| Vulcan Matls Co |
16.82%
122,279
|
$30,408,349,000 | 2.89% |
| Ishares Gold Tr |
6.29%
682,068
|
$29,963,247,000 | 2.85% |
| Jpmorgan Chase Co. |
7.07%
130,378
|
$26,370,275,000 | 2.51% |
| Unitedhealth Group Inc |
6.28%
45,655
|
$23,250,210,000 | 2.21% |
| Meta Platforms Inc |
4.61%
45,655
|
$23,020,170,000 | 2.19% |
| Home Depot, Inc. |
12.96%
58,804
|
$20,242,592,000 | 1.92% |
| Goldman Sachs Group, Inc. |
98.00%
36,257
|
$16,399,934,000 | 1.56% |
| Johnson Johnson |
14.76%
112,093
|
$16,383,443,000 | 1.56% |
| Blackrock Inc. |
1.88%
20,775
|
$16,356,920,000 | 1.55% |
| Eli Lilly Co |
1,348.95%
17,996
|
$16,293,248,000 | 1.55% |
| Merck Co Inc |
87.27%
126,233
|
$15,627,695,000 | 1.49% |
| Procter And Gamble Co |
18.37%
89,155
|
$14,703,511,000 | 1.40% |
| Lockheed Martin Corp. |
0.39%
29,397
|
$13,731,307,000 | 1.31% |
| American Express Co. |
13.66%
54,994
|
$12,733,906,000 | 1.21% |
| Qualcomm, Inc. |
157.13%
61,262
|
$12,202,168,000 | 1.16% |
| Exxon Mobil Corp. |
32.58%
103,577
|
$11,923,747,000 | 1.13% |
| L3Harris Technologies Inc |
0.91%
49,176
|
$11,043,979,000 | 1.05% |
| General Dynamics Corp. |
33.18%
35,186
|
$10,208,866,000 | 0.97% |
| Philip Morris International Inc |
427.01%
99,737
|
$10,106,350,000 | 0.96% |
| NextEra Energy Inc |
25.40%
141,647
|
$10,030,012,000 | 0.95% |
| Blackrock Mun Target Term Tr |
9.51%
482,342
|
$10,018,250,000 | 0.95% |
| Cisco Sys Inc |
75.39%
207,828
|
$9,873,890,000 | 0.94% |
| Cincinnati Finl Corp |
99.62%
79,190
|
$9,352,347,000 | 0.89% |
| Visa Inc |
13.67%
35,184
|
$9,234,828,000 | 0.88% |
| Analog Devices Inc. |
2,749.63%
38,983
|
$8,898,292,000 | 0.85% |
| HCA Healthcare Inc |
364.46%
27,278
|
$8,763,905,000 | 0.83% |
| Caterpillar Inc. |
Opened
25,466
|
$8,482,725,000 | 0.81% |
| Valero Energy Corp. |
121.27%
52,862
|
$8,286,601,000 | 0.79% |
| Northrop Grumman Corp. |
14.68%
18,908
|
$8,242,943,000 | 0.78% |
| Pepsico Inc |
21.61%
46,904
|
$7,735,873,000 | 0.74% |
| Costco Whsl Corp New |
Opened
8,912
|
$7,575,125,000 | 0.72% |
| Entegris Inc |
Opened
53,634
|
$7,262,044,000 | 0.69% |
| Adobe Inc |
29.52%
12,892
|
$7,162,022,000 | 0.68% |
| RTX Corp |
11.26%
67,461
|
$6,772,420,000 | 0.64% |
| Blackstone Inc |
8.64%
49,823
|
$6,168,087,000 | 0.59% |
| Constellation Brands, Inc. |
30.46%
22,556
|
$5,803,240,000 | 0.55% |
| Novartis AG |
22.84%
53,967
|
$5,745,327,000 | 0.55% |
| Canadian Pacific Kansas City |
Opened
72,820
|
$5,733,119,000 | 0.54% |
| Graco Inc. |
Opened
71,585
|
$5,675,259,000 | 0.54% |
| Championx Corporation |
Opened
167,172
|
$5,551,782,000 | 0.53% |
| Chevron Corp. |
1.06%
35,051
|
$5,482,677,000 | 0.52% |
| Disney Walt Co |
28.51%
50,719
|
$5,035,893,000 | 0.48% |
| Miller Inds Inc Tenn |
Opened
86,585
|
$4,763,907,000 | 0.45% |
| Select Sector Spdr Tr |
0.94%
26,250
|
$4,966,658,000 | 0.47% |
| Vanguard World Fd |
564.44%
27,355
|
$5,388,646,000 | 0.51% |
| Target Corp |
43.96%
31,892
|
$4,721,244,000 | 0.45% |
| Elevance Health Inc |
15.88%
8,178
|
$4,431,331,000 | 0.42% |
| Vanguard Index Fds |
599.73%
56,587
|
$5,515,672,000 | 0.52% |
| Spdr Dow Jones Indl Average |
36.96%
11,080
|
$4,333,720,000 | 0.41% |
| NOV Inc |
2.08%
227,758
|
$4,329,680,000 | 0.41% |
| CRH Plc |
Opened
49,757
|
$3,730,780,000 | 0.35% |
| Spdr Gold Tr |
30.87%
15,033
|
$3,232,245,000 | 0.31% |
| Dominos Pizza Inc |
Opened
6,241
|
$3,222,416,000 | 0.31% |
| Constellation Energy Corp |
Opened
15,658
|
$3,135,828,000 | 0.30% |
| Garmin Ltd |
Opened
19,147
|
$3,119,429,000 | 0.30% |
| Berkshire Hathaway Inc. |
No change
5
|
$3,061,205,000 | 0.29% |
| Kinder Morgan Inc |
65.64%
151,150
|
$3,003,351,000 | 0.29% |
| Etfs Gold Tr |
1.67%
133,869
|
$2,974,569,000 | 0.28% |
| Spdr Ser Tr |
20.14%
20,989
|
$2,669,381,000 | 0.25% |
| Boeing Co. |
22.82%
13,598
|
$2,474,972,000 | 0.24% |
| ServiceNow Inc |
61.92%
3,146
|
$2,474,864,000 | 0.24% |
| Diageo plc |
40.88%
19,380
|
$2,443,443,000 | 0.23% |
| Starbucks Corp. |
53.26%
30,644
|
$2,385,648,000 | 0.23% |
| Abbott Labs |
80.71%
22,154
|
$2,302,030,000 | 0.22% |
| Nexpoint Residential Tr Inc |
57.13%
57,351
|
$2,265,952,000 | 0.22% |
| CVS Health Corp |
27.61%
36,452
|
$2,152,855,000 | 0.20% |
| Wisdomtree Tr |
Opened
27,280
|
$2,129,204,000 | 0.20% |
| Unilever plc |
45.99%
37,126
|
$2,041,560,000 | 0.19% |
| BWX Technologies Inc |
69.20%
20,293
|
$1,927,838,000 | 0.18% |
| Select Sector Spdr Tr |
Opened
52,011
|
$4,793,986,000 | 0.46% |
| Simplify Exchange Traded Fun |
Opened
33,688
|
$1,696,528,000 | 0.16% |
| Exelon Corp. |
0.20%
47,180
|
$1,632,900,000 | 0.16% |
| AMGEN Inc. |
13.03%
5,147
|
$1,608,180,000 | 0.15% |
| HF Sinclair Corporation |
Opened
29,450
|
$1,570,863,000 | 0.15% |
| Skyworks Solutions, Inc. |
69.72%
14,074
|
$1,500,015,000 | 0.14% |
| Oneok Inc. |
Opened
18,088
|
$1,475,076,000 | 0.14% |
| Micron Technology Inc. |
48.35%
10,518
|
$1,383,437,000 | 0.13% |
| Pfizer Inc. |
71.45%
49,428
|
$1,382,990,000 | 0.13% |
| Nxp Semiconductors N V |
Opened
5,040
|
$1,356,214,000 | 0.13% |
| RH |
Opened
5,177
|
$1,265,466,000 | 0.12% |
| Schwab Strategic Tr |
Opened
16,065
|
$1,249,214,000 | 0.12% |
| Molson Coors Beverage Company |
Opened
24,560
|
$1,248,385,000 | 0.12% |
| Tesla Inc |
Opened
6,179
|
$1,222,701,000 | 0.12% |
| Altria Group Inc. |
0.09%
26,065
|
$1,187,261,000 | 0.11% |
| Enterprise Prods Partners L |
238.33%
40,600
|
$1,176,588,000 | 0.11% |
| Bhp Group Ltd |
45.15%
19,450
|
$1,110,401,000 | 0.11% |
| Delta Air Lines, Inc. |
40.44%
23,050
|
$1,093,492,000 | 0.10% |
| Walmart Inc |
110.03%
15,450
|
$1,046,120,000 | 0.10% |
| Schlumberger Ltd. |
Opened
21,874
|
$1,032,015,000 | 0.10% |
| Att Inc |
Opened
53,600
|
$1,024,296,000 | 0.10% |
| Honeywell International Inc |
Opened
4,351
|
$929,113,000 | 0.09% |
| T-Mobile US Inc |
Opened
5,043
|
$888,476,000 | 0.08% |
| Transocean Ltd |
Opened
160,000
|
$856,000,000 | 0.08% |
| Taiwan Semiconductor Mfg Ltd |
Opened
4,625
|
$803,871,000 | 0.08% |
| Mueller Inds Inc |
Opened
13,932
|
$793,288,000 | 0.08% |
| Deere Co |
Opened
1,944
|
$726,337,000 | 0.07% |
| Entergy Corp. |
No change
6,500
|
$695,500,000 | 0.07% |
| Atlanta Braves Holdings Inc |
Opened
17,399
|
$686,217,000 | 0.07% |
| Spdr Sp 500 Etf Tr |
294.98%
1,181
|
$642,724,000 | 0.06% |
| Proshares Tr |
Opened
12,000
|
$970,516,000 | 0.09% |
| First Tr Exchange-traded Fd |
Opened
12,499
|
$600,577,000 | 0.06% |
| Oracle Corp. |
38.12%
4,040
|
$570,401,000 | 0.05% |
| Intel Corp. |
45.88%
17,588
|
$544,707,000 | 0.05% |
| Invesco Exch Traded Fd Tr Ii |
290.91%
43,000
|
$496,650,000 | 0.05% |
| First Tr Mtg Income Fd |
Opened
39,868
|
$475,625,000 | 0.05% |
| General Mtrs Co |
93.79%
9,870
|
$458,568,000 | 0.04% |
| Ford Mtr Co Del |
Opened
35,661
|
$447,189,000 | 0.04% |
| Pacer Fds Tr |
Opened
10,000
|
$435,600,000 | 0.04% |
| Vanguard Intl Equity Index F |
14.87%
13,590
|
$741,962,000 | 0.07% |
| Ishares Inc |
Opened
7,744
|
$414,536,000 | 0.04% |
| D.R. Horton Inc. |
Opened
2,653
|
$373,887,000 | 0.04% |
| Wells Fargo Co New |
71.48%
5,710
|
$339,130,000 | 0.03% |
| Vanguard Index Fds |
Opened
2,411
|
$621,504,000 | 0.06% |
| Fedex Corp |
Opened
1,120
|
$335,821,000 | 0.03% |
| Southwest Airls Co |
89.61%
11,160
|
$319,292,000 | 0.03% |
| Anheuser-Busch InBev SA/NV |
Opened
5,375
|
$312,556,000 | 0.03% |
| The Southern Co. |
Opened
3,859
|
$299,343,000 | 0.03% |
| Ishares Tr |
Opened
2,260
|
$298,433,000 | 0.03% |
| Sony Group Corp |
72.60%
3,000
|
$254,850,000 | 0.02% |
| Comcast Corp New |
64.14%
6,416
|
$251,252,000 | 0.02% |
| Vanguard Scottsdale Fds |
No change
1,011
|
$248,777,000 | 0.02% |
| Qorvo Inc |
Opened
2,080
|
$241,363,000 | 0.02% |
| Berkshire Hathaway Inc. |
Opened
586
|
$238,385,000 | 0.02% |
| Alphabet Inc |
Opened
1,300
|
$236,795,000 | 0.02% |
| Lululemon Athletica inc. |
Opened
680
|
$203,116,000 | 0.02% |
| Verizon Communications Inc |
Closed
227,683
|
$12,297,000 | |
| CMC Materials Inc |
Closed
78,989
|
$9,734,000 | |
| Nike, Inc. |
Closed
34,453
|
$5,004,000 | |
| Dominion Energy Inc |
Closed
55,089
|
$4,023,000 | |
| IAA Inc |
Closed
55,074
|
$3,005,000 | |
| DraftKings Inc. |
Closed
55,907
|
$2,692,000 | |
| First Tr Sr Floating Rate 20 |
Closed
193,105
|
$1,862,000 | |
| Union Pac Corp |
Closed
7,810
|
$1,531,000 | |
| Magellan Midstream Prtnrs Lp |
Closed
28,724
|
$1,309,000 | |
| HF Sinclair Corporation |
Closed
29,450
|
$976,000 | |
| Coca-Cola Co |
Closed
17,098
|
$897,000 | |
| Spdr Ser Tr |
Opened
14
|
$896,000 | 0.00% |
| First Tr High Yield Opprt 20 |
Closed
42,498
|
$873,000 | |
| Citigroup Inc |
Closed
11,793
|
$828,000 | |
| Discover Finl Svcs |
Closed
6,597
|
$810,000 | |
| Pioneer Municipal High Incom |
Closed
56,137
|
$651,000 | |
| Scotts Miracle-Gro Company |
Closed
4,440
|
$650,000 | |
| Liberty Media Corp. |
Closed
24,377
|
$644,000 | |
| Nuveen Georgia Qlty Mun Inc |
Closed
38,575
|
$523,000 | |
| Nuveen New Jersey Qult Mun F |
Closed
30,325
|
$468,000 | |
| Ishares Tr |
Closed
2,969
|
$465,000 | |
| Vanguard Bd Index Fds |
Closed
7,555
|
$710,000 | |
| Nuveen New York Amt Qlt Muni |
Closed
32,150
|
$445,000 | |
| United Parcel Service, Inc. |
Closed
2,294
|
$418,000 | |
| Datadog Inc |
Closed
2,613
|
$369,000 | |
| Vanguard Index Fds |
Closed
1,625
|
$355,000 | |
| GE Aerospace |
Closed
3,401
|
$350,000 | |
| Peloton Interactive Inc |
Closed
3,943
|
$343,000 | |
| Bk Of America Corp |
Closed
7,497
|
$318,000 | |
| Omnicom Group, Inc. |
Closed
4,305
|
$312,000 | |
| World Wrestling Entmt Inc |
Closed
5,410
|
$304,000 | |
| Nuveen Mun Value Fd Inc |
Closed
26,800
|
$303,000 | |
| Western Asset Inter Muni Fd |
Closed
27,180
|
$265,000 | |
| Kimberly-Clark Corp. |
Closed
1,995
|
$264,000 | |
| Realogy Hldgs Corp |
Closed
14,638
|
$257,000 | |
| Vanguard Scottsdale Fds |
Closed
2,579
|
$243,000 | |
| Netflix Inc. |
Closed
350
|
$214,000 | |
| Stoneridge Inc. |
Closed
9,982
|
$204,000 | |
| Nuveen Municipal Credit Inc |
Closed
11,131
|
$186,000 | |
| First Tr Sr Fltg Rate Income |
Closed
15,165
|
$186,000 | |
| Nuveen Pennsylvania Qlt Mun |
Closed
12,140
|
$180,000 | |
| Nuveen Select Mat Mun Fd |
Closed
13,275
|
$144,000 | |
| Nuveen Corporate Income 2023 |
Closed
10,967
|
$108,000 | |
| Blackrock 2022 Gbl Incm Opp |
Closed
20,000
|
$104,000 | |
| 22nd Centy Group Inc |
Closed
15,250
|
$45,000 | |
| No transactions found | |||
| Showing first 500 out of 176 holdings | |||
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