Cypress Asset Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M CO	COM	88579Y101	2,433	15,769	SH		SOLE		14,344	0	1,425
ABBOTT LABS	COM	002824100	922	18,793	SH		SOLE		12,493	0	6,300
ABBVIE INC	COM	00287y109	1,944	28,938	SH		SOLE		23,238	0	5,700
AIR PRODS & CHEMS INC	COM	009158106	386	2,820	SH		SOLE		2,070	0	750
ALLERGAN PLC	SHS	G0177J108	369	1,216	SH		SOLE		516	0	700
ALPS ETF TR	ALERIAN MLP	00162q866	685	44,000	SH		SOLE		44,000	0	0
ALTERA CORP	COM	021441100	433	8,450	SH		SOLE		3,450	0	5,000
ALTRIA GROUP INC	COM	02209S103	1,564	31,975	SH		SOLE		31,975	0	0
AMAZON COM INC	COM	023135106	836	1,925	SH		SOLE		1,375	0	550
AMERICAN ELEC PWR INC	COM	025537101	220	4,150	SH		SOLE		4,150	0	0
AMERICAN EXPRESS CO	COM	025816109	1,998	25,705	SH		SOLE		20,605	0	5,100
AMERICAN INTL GROUP INC	COM NEW	026874784	225	3,640	SH		SOLE		2,640	0	1,000
AMGEN INC	COM	031162100	215	1,400	SH		SOLE		850	0	550
ANADARKO PETE CORP	COM	032511107	5,630	72,127	SH		SOLE		69,027	0	3,100
ANALOG DEVICES INC	COM	032654105	3,492	54,400	SH		SOLE		46,450	0	7,950
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	1,557	12,905	SH		SOLE		11,205	0	1,700
APOLLO INVT CORP	COM	03761U106	109	15,419	SH		SOLE		15,419	0	0
APPLE INC	COM	037833100	15,014	119,708	SH		SOLE		111,508	0	8,200
ASTRAZENECA PLC	SPONSORED ADR	046353108	3,976	62,405	SH		SOLE		60,395	0	2,010
AT&T INC	COM	00206r102	4,045	113,870	SH		SOLE		108,470	0	5,400
AUTOZONE INC	COM	053332102	484	725	SH		SOLE		425	0	300
BAE SYSTEMS PLC	COM	05523R107	1,743	61,425	SH		SOLE		58,425	0	3,000
BECTON DICKINSON & CO	COM	075887109	759	5,355	SH		SOLE		4,105	0	1,250
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	205	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	5,109	37,539	SH		SOLE		34,889	0	2,650
BIOGEN INC	COM	09062X103	1,044	2,585	SH		SOLE		2,185	0	400
BLACKROCK INC	COM	09247X101	972	2,810	SH		SOLE		2,510	0	300
BLACKSTONE GROUP L P	COM UNIT LTD	09253u108	5,620	137,515	SH		SOLE		126,215	0	11,300
BOEING CO	COM	097023105	292	2,108	SH		SOLE		1,008	0	1,100
BRISTOL MYERS SQUIBB CO	COM	110122108	4,763	71,588	SH		SOLE		62,038	0	9,550
BROWN FORMAN CORP	CL A	115637100	201	1,800	SH		SOLE		1,050	0	750
CABOT OIL & GAS CORP	COM	127097103	232	7,352	SH		SOLE		7,352	0	0
CANADIAN NATL RY CO	COM	136375102	2,823	48,882	SH		SOLE		41,882	0	7,000
CARDINAL HEALTH INC	COM	14149Y108	1,032	12,342	SH		SOLE		10,042	0	2,300
CARRIZO OIL & GAS INC	COM	144577103	210	4,255	SH		SOLE		4,255	0	0
CATERPILLAR INC DEL	COM	149123101	327	3,850	SH		SOLE		3,850	0	0
CELGENE CORP	COM	151020104	1,022	8,830	SH		SOLE		7,980	0	850
CHEVRON CORP NEW	COM	166764100	8,833	91,566	SH		SOLE		87,866	0	3,700
CIMAREX ENERGY CO	COM	171798101	217	1,966	SH		SOLE		1,966	0	0
CISCO SYS INC	COM	17275R102	500	18,215	SH		SOLE		7,915	0	10,300
CLOROX CO DEL	COM	189054109	627	6,025	SH		SOLE		5,125	0	900
COCA COLA CO	COM	191216100	8,287	211,236	SH		SOLE		198,836	0	12,400
COLGATE PALMOLIVE CO	COM	194162103	3,406	52,071	SH		SOLE		43,471	0	8,600
COMCAST CORP NEW	CL A SPL	20030N200	273	4,550	SH		SOLE		650	0	3,900
CONCHO RES INC	COM	20605p101	240	2,105	SH		SOLE		2,105	0	0
CONOCOPHILLIPS	COM	20825c104	2,051	33,397	SH		SOLE		28,697	0	4,700
CONTINENTAL RESOURCES INC	COM	212015101	206	4,850	SH		SOLE		4,850	0	0
COSTCO WHSL CORP NEW	COM	22160K105	2,126	15,740	SH		SOLE		13,890	0	1,850
CSX CORP	COM	126408103	422	12,935	SH		SOLE		10,935	0	2,000
CUMMINS INC	COM	231021106	1,461	11,135	SH		SOLE		10,635	0	500
CVS HEALTH CORP	COM	126650100	1,444	13,765	SH		SOLE		11,815	0	1,950
D R HORTON INC	COM	23331A109	582	21,275	SH		SOLE		18,475	0	2,800
DANAHER CORP DEL	COM	235851102	1,669	19,505	SH		SOLE		15,505	0	4,000
DEERE & CO	COM	244199105	3,015	31,068	SH		SOLE		26,568	0	4,500
DEVON ENERGY CORP NEW	COM	25179M103	274	4,600	SH		SOLE		4,600	0	0
DIAGEO P L C	SPON ADR NEW	25243Q205	12,764	109,994	SH		SOLE		99,594	0	10,400
DISCOVER FINL SVCS	COM	254709108	212	3,675	SH		SOLE		3,675	0	0
DISNEY WALT CO	COM DISNEY	254687106	5,965	52,260	SH		SOLE		43,760	0	8,500
DOMINION RES INC VA NEW	COM	25746u109	439	6,561	SH		SOLE		261	0	6,300
DOW CHEM CO	COM	260543103	827	16,159	SH		SOLE		13,359	0	2,800
DU PONT E I DE NEMOURS & CO	COM	263534109	3,051	47,705	SH		SOLE		40,355	0	7,350
DUKE ENERGY CORP NEW	COM NEW	26441C204	747	10,576	SH		SOLE		8,176	0	2,400
DUPONT PFD B	PFD	263534307	302	3,034	SH		SOLE		734	0	2,300
E M C CORP MASS	COM	268648102	473	17,935	SH		SOLE		11,685	0	6,250
EASTMAN CHEM CO	COM	277432100	1,471	17,982	SH		SOLE		14,332	0	3,650
EATON CORP PLC	SHS	G29183103	4,618	68,419	SH		SOLE		61,119	0	7,300
EMERSON ELEC CO	COM	291011104	8,845	159,564	SH		SOLE		144,714	0	14,850
ENBRIDGE ENERGY PARTNERS L P	COM	29250R106	343	10,281	SH		SOLE		7,881	0	2,400
ENBRIDGE INC	COM	29250N105	251	5,370	SH		SOLE		5,370	0	0
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273r109	213	4,073	SH		SOLE		4,073	0	0
ENERGY XXI LTD	USD UNRS SHS	G10082140	64	24,270	SH		SOLE		24,270	0	0
ENTERGY CORP NEW	COM	29364G103	270	3,825	SH		SOLE		3,825	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	17,063	570,876	SH		SOLE		537,676	0	33,200
EOG RES INC	COM	26875p101	3,550	40,548	SH		SOLE		38,098	0	2,450
EXXON MOBIL CORP	COM	30231g102	12,842	154,351	SH		SOLE		143,901	0	10,450
FEDERAL REALTY INVT TR	SH BEN INT NEW	313747206	737	5,750	SH		SOLE		5,750	0	0
FEDEX CORP	COM	31428X106	1,851	10,865	SH		SOLE		8,140	0	2,725
FORD MTR CO DEL	COM PAR $0.01	345370860	175	11,650	SH		SOLE		2,450	0	9,200
FRANKLIN RES INC	COM	354613101	301	6,130	SH		SOLE		4,730	0	1,400
FREEPORT-MCMORAN INC	CL B	35671d857	259	13,925	SH		SOLE		13,925	0	0
GENERAL DYNAMICS CORP	COM	369550108	3,618	25,535	SH		SOLE		25,135	0	400
GENERAL ELECTRIC CO	COM	369604103	11,998	451,562	SH		SOLE		417,902	0	33,660
GENERAL MLS INC	COM	370334104	1,753	31,455	SH		SOLE		17,205	0	14,250
GILEAD SCIENCES INC	COM	375558103	4,779	40,815	SH		SOLE		35,515	0	5,300
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	3,429	82,330	SH		SOLE		76,820	0	5,510
GOLDCORP INC NEW	COM	380956409	202	12,495	SH		SOLE		12,495	0	0
GOOGLE INC	CL A	38259P508	922	1,707	SH		SOLE		1,007	0	700
GOOGLE INC	CL C	38259P706	928	1,782	SH		SOLE		1,082	0	700
HAIN CELESTIAL GROUP INC	COM	405217100	406	6,170	SH		SOLE		5,970	0	200
HEALTH CARE REIT INC	COM	42217k106	1,951	29,730	SH		SOLE		27,930	0	1,800
HERSHEY CO	COM	427866108	378	4,250	SH		SOLE		3,150	0	1,100
HESS CORP	COM	42809H107	582	8,706	SH		SOLE		8,106	0	600
HOME DEPOT INC	COM	437076102	5,213	46,913	SH		SOLE		41,913	0	5,000
HONEYWELL INTL INC	COM	438516106	10,329	101,292	SH		SOLE		91,642	0	9,650
INTEL CORP	COM	458140100	4,222	138,815	SH		SOLE		122,465	0	16,350
INTERNATIONAL BUSINESS MACHS	COM	459200101	395	2,429	SH		SOLE		2,429	0	0
JOHNSON & JOHNSON	COM	478160104	12,201	125,187	SH		SOLE		112,187	0	13,000
JOHNSON CTLS INC	COM	478366107	1,339	27,025	SH		SOLE		20,825	0	6,200
JPMORGAN CHASE & CO	COM	46625H100	11,535	170,227	SH		SOLE		158,377	0	11,850
KATY TX ISD	COM	486063BR0	10	10,000	PRN		SOLE		10,000	0	0
KEYCORP NEW	COM	493267108	164	10,950	SH		SOLE		10,950	0	0
KIMBERLY CLARK CORP	COM	494368103	6,263	59,098	SH		SOLE		54,473	0	4,625
KINDER MORGAN INC DEL	COM	49456B101	7,429	193,520	SH		SOLE		181,920	0	11,600
KIRBY CORP	COM	497266106	383	5,000	SH		SOLE		5,000	0	0
KRAFT FOODS GROUP INC	COM	50076q106	7,671	90,098	SH		SOLE		86,382	0	3,716
LAUDER ESTEE COS INC	CL A	518439104	1,007	11,620	SH		SOLE		11,620	0	0
LENNAR CORP	CL A	526057104	551	10,800	SH		SOLE		9,800	0	1,000
LILLY ELI & CO	COM	532457108	7,454	89,277	SH		SOLE		81,327	0	7,950
LOCKHEED MARTIN CORP	COM	539830109	4,554	24,495	SH		SOLE		23,020	0	1,475
LOWES COS INC	COM	548661107	1,940	28,973	SH		SOLE		23,373	0	5,600
LVMH MOET HENNESSY LOUIS VITTO	COM	502441306	895	25,450	SH		SOLE		20,625	0	4,825
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	10,691	145,695	SH		SOLE		138,195	0	7,500
MAGNA INTL INC	COM	559222401	359	6,400	SH		SOLE		0	0	6,400
MAIN STREET CAPITAL CORP	COM	56035L104	703	22,025	SH		SOLE		22,025	0	0
MARATHON OIL CORP	COM	565849106	256	9,659	SH		SOLE		9,659	0	0
MARATHON PETE CORP	COM	56585a102	298	5,700	SH		SOLE		700	0	5,000
MARKWEST ENERGY PARTNERS L P	UNIT LTD PARTN	570759100	2,810	49,841	SH		SOLE		45,341	0	4,500
MARSH & MCLENNAN COS INC	COM	571748102	850	15,000	SH		SOLE		15,000	0	0
MASTERCARD INC	CL A	57636q104	481	5,145	SH		SOLE		3,795	0	1,350
MCDONALDS CORP	COM	580135101	3,111	32,720	SH		SOLE		32,720	0	0
MCKESSON CORP	COM	58155Q103	1,163	5,175	SH		SOLE		4,200	0	975
MEDICAL PPTYS TRUST INC	COM	58463J304	2,252	171,750	SH		SOLE		155,250	0	16,500
MEDTRONIC PLC	SHS	G5960L103	647	8,725	SH		SOLE		6,575	0	2,150
MERCK & CO INC NEW	COM	58933y105	6,455	113,385	SH		SOLE		104,085	0	9,300
METLIFE INC	COM	59156r108	370	6,600	SH		SOLE		1,400	0	5,200
MONDELEZ INTL INC	CL A	609207105	3,557	86,467	SH		SOLE		77,417	0	9,050
MONSANTO CO NEW	COM	61166w101	267	2,509	SH		SOLE		2,359	0	150
NATIONAL GRID PLC	SPON ADR NEW	636274300	621	9,611	SH		SOLE		8,111	0	1,500
NESTLE	COM	641069406	8,690	120,424	SH		SOLE		109,299	0	11,125
NEXTERA ENERGY INC	COM	65339F101	426	4,349	SH		SOLE		3,349	0	1,000
NEXTERA ENERGY PARTNERS LP	COM UNIT PART IN	65341b106	2,248	56,750	SH		SOLE		56,750	0	0
NIKE INC	CL B	654106103	2,432	22,510	SH		SOLE		16,660	0	5,850
NOBLE ENERGY INC	COM	655044105	335	7,850	SH		SOLE		7,850	0	0
NORFOLK SOUTHERN CORP	COM	655844108	2,573	29,453	SH		SOLE		26,853	0	2,600
NORTHROP GRUMMAN CORP	COM	666807102	250	1,575	SH		SOLE		1,025	0	550
NOVARTIS A G	SPONSORED ADR	66987V109	2,364	24,041	SH		SOLE		18,991	0	5,050
NOVO-NORDISK A S	ADR	670100205	221	4,027	SH		SOLE		4,027	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	7,647	98,332	SH		SOLE		93,757	0	4,575
ONEOK PARTNERS LP	UNIT LTD PARTN	68268n103	3,059	89,981	SH		SOLE		88,381	0	1,600
PARKER HANNIFIN CORP	COM	701094104	204	1,750	SH		SOLE		1,750	0	0
PEPSICO INC	COM	713448108	13,417	143,745	SH		SOLE		129,170	0	14,575
PFIZER INC	COM	717081103	8,535	254,551	SH		SOLE		239,201	0	15,350
PHILIP MORRIS INTL INC	COM	718172109	3,770	47,030	SH		SOLE		46,130	0	900
PHILLIPS 66	COM	718546104	451	5,594	SH		SOLE		5,594	0	0
PIONEER NAT RES CO	COM	723787107	382	2,755	SH		SOLE		2,455	0	300
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	7,151	164,119	SH		SOLE		152,069	0	12,050
PLAINS GP HLDGS L P	SHS A REP LTPN	72651a108	4,179	161,734	SH		SOLE		159,734	0	2,000
PNC FINL SVCS GROUP INC	COM	693475105	4,280	44,750	SH		SOLE		40,150	0	4,600
POWERSHARES ETF TRUST II	CEF INC COMPST	73936q843	1,378	60,350	SH		SOLE		60,350	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935a104	4,461	41,665	SH		SOLE		41,665	0	0
PRAXAIR INC	COM	74005P104	521	4,360	SH		SOLE		3,060	0	1,300
PRICE T ROWE GROUP INC	COM	74144t108	1,146	14,745	SH		SOLE		11,595	0	3,150
PROCTER & GAMBLE CO	COM	742718109	10,352	132,310	SH		SOLE		123,435	0	8,875
PROSPERITY BANCSHARES INC	COM	743606105	495	8,565	SH		SOLE		8,565	0	0
PULTE GROUP INC	COM	745867101	372	18,450	SH		SOLE		18,450	0	0
QORVO INC	COM	74736k101	202	2,512	SH		SOLE		0	0	2,512
QUALCOMM INC	COM	747525103	4,864	77,655	SH		SOLE		62,605	0	15,050
RALPH LAUREN CORP	CL A	751212101	1,282	9,685	SH		SOLE		8,525	0	1,160
RAYTHEON CO	COM NEW	755111507	1,785	18,655	SH		SOLE		16,130	0	2,525
REALTY INCOME CORP	COM	756109104	1,184	26,675	SH		SOLE		22,175	0	4,500
REGENERON PHARMACEUTICALS	COM	75886f107	7,445	14,595	SH		SOLE		13,545	0	1,050
ROCKWELL AUTOMATION INC	COM	773903109	1,372	11,005	SH		SOLE		8,305	0	2,700
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	3,523	61,790	SH		SOLE		61,790	0	0
SANOFI	SPONSORED ADR	80105N105	2,698	54,480	SH		SOLE		46,680	0	7,800
SILVER WHEATON CORP	COM	828336107	353	20,339	SH		SOLE		20,339	0	0
SOUTHERN CO	COM	842587107	378	9,030	SH		SOLE		9,030	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	208	9,164	SH		SOLE		9,164	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,808	8,785	SH		SOLE		8,785	0	0
SPDR SERIES TRUST	S&P REGL BKG	78464a698	257	5,825	SH		SOLE		3,825	0	2,000
SPECTRA ENERGY CORP	COM	847560109	584	17,910	SH		SOLE		7,310	0	10,600
SPECTRA ENERGY PARTNERS LP	COM	84756N109	269	5,825	SH		SOLE		5,825	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	2,115	55,604	SH		SOLE		55,604	0	0
SUNOCO LP	COM U REP LP	86765k109	1,345	29,694	SH		SOLE		29,694	0	0
SYSCO CORP	COM	871829107	1,494	41,375	SH		SOLE		37,075	0	4,300
TARGA RESOURCES PARTNERS LP	COM UNIT	87611X105	1,132	29,329	SH		SOLE		29,329	0	0
TARGET CORP	COM	87612E106	546	6,685	SH		SOLE		4,185	0	2,500
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	460	7,775	SH		SOLE		7,775	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	503	3,875	SH		SOLE		2,425	0	1,450
TIME WARNER INC	COM NEW	887317303	2,617	29,940	SH		SOLE		24,565	0	5,375
TOLL BROTHERS INC	COM	889478103	494	12,925	SH		SOLE		11,225	0	1,700
TOTALLY HEMP CRAZY	COM	89156d106	2	15,000	SH		SOLE		15,000	0	0
UNILEVER N V	N Y SHS NEW	904784709	2,251	53,810	SH		SOLE		42,460	0	11,350
UNION PAC CORP	COM	907818108	6,074	63,688	SH		SOLE		57,888	0	5,800
UNITED PARCEL SERVICE INC	CL B	911312106	1,937	19,985	SH		SOLE		18,210	0	1,775
UNITED TECHNOLOGIES CORP	COM	913017109	7,955	71,709	SH		SOLE		66,309	0	5,400
UNITEDHEALTH GROUP INC	COM	91324p102	354	2,900	SH		SOLE		1,200	0	1,700
US BANCORP DEL	COM NEW	902973304	681	15,700	SH		SOLE		11,400	0	4,300
V F CORP	COM	918204108	5,050	72,410	SH		SOLE		67,385	0	5,025
VALERO ENERGY CORP NEW	COM	91913Y100	1,408	22,493	SH		SOLE		17,393	0	5,100
VARIAN MED SYS INC	COM	92220P105	897	10,638	SH		SOLE		8,788	0	1,850
VENTAS INC	COM	92276f100	323	5,200	SH		SOLE		1,600	0	3,600
VERIZON COMMUNICATIONS INC	COM	92343v104	5,165	110,821	SH		SOLE		101,471	0	9,350
VISA INC	COM CL A	92826c839	769	11,455	SH		SOLE		6,955	0	4,500
WALGREENS BOOTS ALLIANCE INC	COM	931427108	2,378	28,162	SH		SOLE		24,237	0	3,925
WASTE MGMT INC DEL	COM	94106l109	239	5,150	SH		SOLE		1,200	0	3,950
WEINGARTEN RLTY INVS	SH BEN INT	948741103	355	10,858	SH		SOLE		10,858	0	0
WELLS FARGO & CO NEW	COM	949746101	12,761	226,904	SH		SOLE		210,779	0	16,125
WELLS FARGO & CO NEW	PERP PFD CNV A	949746804	253	215	SH		SOLE		215	0	0
WESTERN GAS PARTNERS LP	COM UNIT LP IN	958254104	315	4,975	SH		SOLE		4,975	0	0
WEYERHAEUSER CO	COM	962166104	1,914	60,758	SH		SOLE		48,658	0	12,100
WILLIAMS COS INC DEL	COM	969457100	2,356	41,057	SH		SOLE		33,757	0	7,300
WILLIAMS PARTNERS L P NEW	COM UNIT LTD PAR	96949L105	821	16,943	SH		SOLE		16,943	0	0
XILINX INC	COM	983919101	1,037	23,475	SH		SOLE		18,625	0	4,850
YAHOO INC	COM	984332106	641	16,310	SH		SOLE		11,210	0	5,100
YAMANA GOLD INC	COM	98462y100	102	34,103	SH		SOLE		34,103	0	0
YUM BRANDS INC	COM	988498101	6,179	68,595	SH		SOLE		63,295	0	5,300
ZOETIS INC	CL A	98978v103	1,115	23,117	SH		SOLE		18,717	0	4,400
ZURICH INSURANCE GROUP	COM	989825104	2,841	93,300	SH		SOLE		93,300	0	0