Narwhal Capital Management

Narwhal Capital Management as of Sept. 30, 2012

Portfolio Holdings for Narwhal Capital Management

Narwhal Capital Management holds 121 positions in its portfolio as reported in the September 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vulcan Materials Company (VMC) 10.3 $21M 448k 47.30
iShares S&P 500 Index (IVV) 6.4 $13M 92k 144.40
Apple (AAPL) 3.6 $7.4M 11k 667.12
Exxon Mobil Corporation (XOM) 2.2 $4.6M 51k 91.45
JPMorgan Chase & Co. (JPM) 2.2 $4.6M 114k 40.48
Microsoft Corporation (MSFT) 2.0 $4.2M 141k 29.76
Johnson & Johnson (JNJ) 2.0 $4.1M 60k 68.92
Philip Morris International (PM) 1.9 $3.9M 43k 89.94
Chevron Corporation (CVX) 1.9 $3.8M 33k 116.55
General Electric Company 1.7 $3.5M 156k 22.71
Pfizer (PFE) 1.7 $3.5M 139k 24.85
Procter & Gamble Company (PG) 1.6 $3.4M 49k 69.37
Home Depot (HD) 1.6 $3.3M 55k 60.37
International Business Machines (IBM) 1.5 $3.0M 15k 207.42
SPDR Dow Jones Industrial Average ETF (DIA) 1.5 $3.0M 22k 134.06
UnitedHealth (UNH) 1.4 $3.0M 54k 55.41
Exelon Corporation (EXC) 1.3 $2.7M 75k 35.57
Google 1.2 $2.5M 3.4k 754.45
Coca-Cola Company (KO) 1.2 $2.5M 65k 37.93
eBay (EBAY) 1.2 $2.4M 50k 48.36
Nextera Energy (NEE) 1.2 $2.4M 34k 70.33
At&t (T) 1.1 $2.3M 62k 37.70
L-3 Communications Holdings 1.1 $2.2M 30k 71.70
Intel Corporation (INTC) 1.0 $2.1M 94k 22.65
General Dynamics Corporation (GD) 1.0 $2.1M 32k 66.12
Magellan Midstream Partners 1.0 $2.0M 23k 87.47
Cisco Systems (CSCO) 1.0 $2.0M 105k 19.10
Covidien 0.9 $1.9M 31k 59.42
Northrop Grumman Corporation (NOC) 0.9 $1.8M 28k 66.42
Annaly Capital Management 0.9 $1.8M 108k 16.84
BP (BP) 0.9 $1.8M 42k 42.36
Molson Coors Brewing Company (TAP) 0.9 $1.8M 40k 45.06
Comcast Corporation (CMCSA) 0.9 $1.8M 50k 35.75
EMC Corporation 0.8 $1.8M 65k 27.27
Waste Management (WM) 0.8 $1.7M 54k 32.09
Tupperware Brands Corporation (TUP) 0.8 $1.7M 32k 53.58
Wal-Mart Stores (WMT) 0.8 $1.7M 23k 73.80
Kinder Morgan Energy Partners 0.8 $1.7M 21k 82.48
Novartis (NVS) 0.8 $1.7M 27k 61.26
Altria (MO) 0.8 $1.6M 49k 33.40
Caterpillar (CAT) 0.8 $1.6M 18k 86.04
Plains All American Pipeline (PAA) 0.8 $1.6M 18k 88.20
Goldman Sachs (GS) 0.8 $1.6M 14k 113.66
3M Company (MMM) 0.7 $1.5M 17k 92.41
TC Pipelines 0.7 $1.5M 34k 45.16
Te Connectivity Ltd for (TEL) 0.7 $1.5M 45k 34.00
Merck & Co (MRK) 0.7 $1.5M 33k 45.09
WellPoint 0.7 $1.5M 25k 58.02
Amazon (AMZN) 0.7 $1.5M 5.7k 254.32
Raytheon Company 0.7 $1.4M 25k 57.15
Teva Pharmaceutical Industries (TEVA) 0.7 $1.4M 34k 41.40
Sunoco Logistics Partners 0.7 $1.4M 30k 46.63
Kraft Foods 0.7 $1.4M 34k 41.34
Laboratory Corp. of America Holdings (LH) 0.7 $1.4M 15k 92.45
Amgen (AMGN) 0.7 $1.3M 16k 84.30
Hewlett-Packard Company 0.7 $1.3M 79k 17.05
Buckeye Partners 0.6 $1.3M 28k 47.96
Lorillard 0.6 $1.3M 11k 116.46
BHP Billiton (BHP) 0.6 $1.3M 19k 68.62
HCP 0.6 $1.2M 28k 44.48
General Motors Company (GM) 0.6 $1.2M 54k 22.75
Citigroup (C) 0.6 $1.2M 37k 32.71
Lockheed Martin Corporation (LMT) 0.6 $1.2M 13k 93.41
Ford Motor Company (F) 0.6 $1.2M 119k 9.86
Kimberly-Clark Corporation (KMB) 0.6 $1.1M 13k 85.75
Enterprise Products Partners (EPD) 0.5 $1.1M 20k 53.59
Medtronic 0.5 $1.1M 25k 43.13
Eni S.p.A. (E) 0.5 $1.0M 23k 43.83
Verizon Communications (VZ) 0.5 $996k 22k 45.58
Abbott Laboratories (ABT) 0.5 $960k 14k 68.57
iShares Dow Jones EPAC Sel Div Ind (IDV) 0.5 $947k 30k 31.62
Coca-Cola FEMSA, S.A.B. de C.V. (KOF) 0.5 $935k 7.3k 128.97
General Mills (GIS) 0.5 $936k 24k 39.83
Archer Daniels Midland Company (ADM) 0.4 $895k 33k 27.18
Rio Tinto (RIO) 0.4 $893k 19k 46.75
BT 0.4 $878k 24k 37.20
Boeing Company (BA) 0.4 $866k 13k 69.56
Blackstone 0.4 $840k 59k 14.29
GlaxoSmithKline 0.4 $842k 18k 46.26
Vodafone 0.4 $855k 30k 28.50
American International (AIG) 0.4 $836k 26k 32.78
AES Corporation (AES) 0.4 $832k 76k 10.97
iShares Dow Jones US Financial (IYF) 0.4 $834k 14k 58.32
Wells Fargo & Company (WFC) 0.4 $811k 24k 34.55
Alliance Resource Partners (ARLP) 0.4 $809k 14k 59.93
Assured Guaranty (AGO) 0.4 $790k 58k 13.62
Corning Incorporated (GLW) 0.4 $764k 58k 13.15
CenturyLink 0.3 $718k 18k 40.39
Sprint Nextel Corporation 0.3 $720k 131k 5.52
Transcanada Corp 0.3 $717k 16k 45.52
Cemex SAB de CV (CX) 0.3 $704k 85k 8.33
Adobe Systems Incorporated (ADBE) 0.3 $681k 21k 32.43
Activision Blizzard 0.3 $688k 61k 11.28
iShares Russell 1000 Growth Index (IWF) 0.3 $680k 10k 66.67
Best Buy (BBY) 0.3 $580k 34k 17.19
United Technologies Corporation 0.3 $532k 6.8k 78.34
Eli Lilly & Co. (LLY) 0.2 $507k 11k 47.38
El Paso Pipeline Partners 0.2 $491k 13k 37.20
Chesapeake Energy Corporation 0.2 $472k 25k 18.88
ConocoPhillips (COP) 0.2 $457k 8.0k 57.12
Diageo (DEO) 0.2 $451k 4.0k 112.75
iShares Dow Jones US Aerospace & Def.ETF (ITA) 0.2 $434k 6.7k 65.26
McDonald's Corporation (MCD) 0.2 $413k 4.5k 91.78
Rbc Cad (RY) 0.2 $416k 7.3k 57.38
Telefonica (TEF) 0.2 $383k 29k 13.29
BB&T Corporation 0.2 $380k 12k 33.12
Omni (OMC) 0.2 $372k 7.2k 51.52
Ezchip Semiconductor Lt 0.2 $376k 12k 30.57
Seagate Technology Com Stk 0.2 $351k 11k 30.93
Pepsi (PEP) 0.2 $340k 4.8k 70.83
iShares S&P SmallCap 600 Index (IJR) 0.2 $326k 4.2k 77.16
Duke Energy (DUK) 0.2 $338k 5.2k 64.70
Vale (VALE) 0.1 $268k 15k 17.87
iShares Russell Midcap Index Fund (IWR) 0.1 $257k 2.3k 110.54
iShares MSCI Emerging Markets Indx (EEM) 0.1 $225k 5.5k 41.28
Bank of America Corporation (BAC) 0.1 $234k 213k 1.10
Veolia Environnement (VEOEY) 0.1 $224k 21k 10.82
iShares Dow Jones Select Dividend (DVY) 0.1 $231k 4.0k 57.75
Manitowoc Company 0.1 $173k 13k 13.31
iShares MSCI Japan Index 0.1 $147k 16k 9.19
Dell 0.0 $16k 32k 0.50