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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
1 VULCAN MATLS CO 416,080 47,321 14.82%
2 ISHARES GOLD TRUST 398,381 5,055 1.58%
3 NUVEEN MUN VALUE FD INC 258,885 2,742 0.86%
4 GENERAL ELECTRIC CO 238,610 7,068 2.21%
5 FORD MTR CO DEL 224,910 2,715 0.85%
6 ANNALY CAP MGMT INC 197,460 2,073 0.65%
7 INTEL CORP 145,703 5,500 1.72%
8 BlackRock MuniAssets Fund 139,299 2,141 0.67%
9 MICROSOFT CORP 135,850 7,825 2.45%
10 CISCO SYSTEMS INC 131,515 4,172 1.31%
11 NEXPOINT RESIDENTIAL TR INC 131,350 2,582 0.81%
12 PFIZER INC 125,322 4,245 1.33%
13 EXELON CORPORATION 103,820 3,456 1.08%
14 BLACKSTONE GROUP L P (THE) COM 99,605 2,543 0.80%
15 Verizon Communications Inc 94,570 4,916 1.54%
16 JPMorgan Chase & Co 92,695 6,173 1.93%
17 CITIGROUPINC 84,720 4,001 1.25%
18 BLACKROCK MUN 2030 TAR TERM 80,169 1,945 0.61%
19 NUVEEN MUNICIPAL CREDIT INC 77,595 1,221 0.38%
20 UNILEVER PLC 73,825 3,499 1.10%
21 AMERICAN INTL GROUP INC 72,084 4,277 1.34%
22 TEVA PHARMACEUTICAL INDS LTD 72,010 3,313 1.04%
23 APPLE INC 67,540 7,635 2.39%
24 Exxon Mobil Corp 66,446 5,799 1.82%
25 METLIFE INC 59,625 2,649 0.83%
26 COMCAST CORP NEW 58,650 3,891 1.22%
27 Bank of America Corp Warrants Exp 01/16/19 54,000 249 0.08%
28 LUMEN TECHNOLOGIES INC 51,095 1,402 0.44%
29 ENTERPRISE PRODS PARTNERS L 49,725 1,374 0.43%
30 FLOWERS FOODS INC 49,350 746 0.23%
31 Altria Group, Inc. 48,500 3,067 0.96%
32 MERCK & CO INC 45,360 2,831 0.89%
33 PHILIP MORRIS INTL INC 44,330 4,310 1.35%
34 ISHARES SILVER TRUST 42,974 782 0.24%
35 JOHNSON & JOHNSON 42,832 5,060 1.58%
36 Pattern Energy Group Inc 42,240 950 0.30%
37 HCA HOLDINGS INC COM 39,330 2,975 0.93%
38 DIAGEO P L C 37,620 4,365 1.37%
39 BLACKROCK CR ALLOCATION INCO 37,032 494 0.15%
40 PROCTER AND GAMBLE CO 36,840 3,306 1.04%
41 VENTAS INC REIT 36,665 2,590 0.81%
42 WELLS FARGO & CO NEW 35,975 1,593 0.50%
43 SPECTRA ENERGY PARTN LP 35,180 1,537 0.48%
44 NUVEEN PREFERRED INCOME OPPORT 34,476 345 0.11%
45 GENERAL DYNAMICS CORP 33,346 5,174 1.62%
46 RAYTHEON CO 32,605 4,439 1.39%
47 BHP BILLITON LTD 32,540 1,128 0.35%
48 Kinder Morgan Inc 32,080 742 0.23%
49 SPDR GOLD TRUST 31,790 3,994 1.25%
50 DISNEY WALT CO 30,720 2,853 0.89%
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