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Institutional Investment Manager
Narwhal Capital Management
Narwhal Capital Management (CIK: 0001461287) incorporated in Georgia, located at 531 Roselane Street, Marietta, GA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Original 13F HR (0001085146-16-004595) filed in 2016.10.31
#
Name
Shares
Value ($)
%
Options
Notes
51 BlackRock MuniAssets Fund 139,299 2,141 0.67%
52 AMGEN INC 12,595 2,101 0.66%
53 BOEING CO 15,800 2,081 0.65%
54 ANNALY CAP MGMT INC 197,460 2,073 0.65%
55 OCCIDENTAL PETE CORP DEL 27,680 2,018 0.63%
56 BLACKROCK MUN 2030 TAR TERM 80,169 1,945 0.61%
57 ETFS GOLD TR 14,000 1,795 0.56%
58 BERKSHIRE HATHAWAY INC DEL 8 1,730 0.54%
59 L-3 Communications Hldgs 11,050 1,666 0.52%
60 TIME WARNER INC 20,505 1,632 0.51%
61 Orbital ATK Inc 21,350 1,628 0.51%
62 Skyworks Solutions 21,330 1,624 0.51%
63 WELLS FARGO & CO NEW 35,975 1,593 0.50%
64 AMERICAN EXPRESS CO 24,820 1,589 0.50%
65 MARKEL CORP 1,708 1,586 0.50%
66 SPECTRA ENERGY PARTN LP 35,180 1,537 0.48%
67 ISHARES TR 12,000 1,490 0.47%
68 Valero Energy Corp. 27,950 1,481 0.46%
69 ANHEUSER BUSH INBEV SA/NV 10,820 1,422 0.45%
70 SPDR DOW JONES INDL AVRG ETF 7,750 1,417 0.44%
71 LUMEN TECHNOLOGIES INC 51,095 1,402 0.44%
72 QUALCOMM INC 20,330 1,393 0.44%
73 ISHARES TR 16,180 1,387 0.43%
74 ENTERPRISE PRODS PARTNERS L 49,725 1,374 0.43%
75 CHUBB LIMITED 10,460 1,314 0.41%
76 AMAZON COM INC 1,566 1,311 0.41%
77 Entergy Corp 16,800 1,289 0.40%
78 WAL-MART STORES INC 16,950 1,222 0.38%
79 NUVEEN MUNICIPAL CREDIT INC 77,595 1,221 0.38%
80 HOME DEPOT INC 9,352 1,203 0.38%
81 Facebook Inc Cl A 9,291 1,192 0.37%
82 Novartis AG ADR 14,975 1,182 0.37%
83 VANGUARD MALVERN FDS 22,935 1,139 0.36%
84 BHP BILLITON LTD 32,540 1,128 0.35%
85 SELECT SECTOR SPDR TR 15,969 1,128 0.35%
86 Amsurg Corp 16,500 1,106 0.35%
87 CIGNA CORPORATION 8,300 1,082 0.34%
88 NXP Semiconductors NV 9,625 982 0.31%
89 ConocoPhillips 22,185 964 0.30%
90 Pattern Energy Group Inc 42,240 950 0.30%
91 Nextera Energy Inc 7,250 887 0.28%
92 Powershares QQQ Trust 7,398 879 0.28%
93 PLAINS ALL AMERN PIPELINE L 27,300 857 0.27%
94 ISHARES TR 21,580 808 0.25%
95 ISHARES SILVER TRUST 42,974 782 0.24%
96 3M Co 4,400 775 0.24%
97 EXPRESS SCRIPTS HOLDING COMPAN 10,850 765 0.24%
98 FLOWERS FOODS INC 49,350 746 0.23%
99 Kinder Morgan Inc 32,080 742 0.23%
100 CABOT MICROELECTRONICS CORP 13,600 720 0.23%
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