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	2,230	15,729	SH		SOLE		14,304	0	1,425
ABBOTT LABS	COM	002824100	756	18,793	SH		SOLE		12,493	0	6,300
ABBVIE INC	COM	00287y109	1,574	28,923	SH		SOLE		23,223	0	5,700
ACE LTD	SHS	H0023R105	5,529	53,475	SH		SOLE		51,475	0	2,000
AIR PRODS & CHEMS INC	COM	009158106	360	2,820	SH		SOLE		2,070	0	750
ALLERGAN PLC	SHS	G0177J108	331	1,216	SH		SOLE		516	0	700
ALPHABET INC. (A)	COM	02079k305	1,090	1,707	SH		SOLE		1,007	0	700
ALPHABET INC. (C)	COM	02079k107	1,127	1,852	SH		SOLE		1,152	0	700
ALPS ETF TR	ALERIAN MLP	00162q866	6,257	501,400	SH		SOLE		501,400	0	0
ALTERA CORP	COM	021441100	300	6,000	SH		SOLE		1,000	0	5,000
ALTRIA GROUP INC	COM	02209S103	1,726	31,725	SH		SOLE		31,725	0	0
AMAZON COM INC	COM	023135106	985	1,925	SH		SOLE		1,375	0	550
AMERICAN ELEC PWR INC	COM	025537101	233	4,100	SH		SOLE		4,100	0	0
AMERICAN EXPRESS CO	COM	025816109	1,826	24,630	SH		SOLE		19,530	0	5,100
ANADARKO PETE CORP	COM	032511107	4,399	72,840	SH		SOLE		69,740	0	3,100
ANALOG DEVICES INC	COM	032654105	3,067	54,375	SH		SOLE		46,425	0	7,950
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	1,372	12,905	SH		SOLE		11,205	0	1,700
APPLE INC	COM	037833100	13,102	118,783	SH		SOLE		110,583	0	8,200
ASTRAZENECA PLC	SPONSORED ADR	046353108	3,977	125,000	SH		SOLE		120,980	0	4,020
AT&T INC	COM	00206r102	2,402	73,720	SH		SOLE		68,320	0	5,400
AUTOZONE INC	COM	053332102	525	725	SH		SOLE		425	0	300
BAE SYSTEMS PLC	COM	05523R107	1,578	58,425	SH		SOLE		58,425	0	0
BECTON DICKINSON & CO	COM	075887109	981	7,395	SH		SOLE		5,945	0	1,450
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	4,931	37,814	SH		SOLE		35,164	0	2,650
BIOGEN INC	COM	09062X103	781	2,677	SH		SOLE		2,237	0	440
BLACKROCK INC	COM	09247X101	836	2,810	SH		SOLE		2,510	0	300
BLACKSTONE GROUP L P	COM UNIT LTD	09253u108	4,355	137,515	SH		SOLE		126,215	0	11,300
BLUE BUFFALO PET PRODS INC	COM	09531u102	276	15,400	SH		SOLE		15,400	0	0
BOEING CO	COM	097023105	276	2,108	SH		SOLE		1,008	0	1,100
BRISTOL MYERS SQUIBB CO	COM	110122108	4,238	71,588	SH		SOLE		62,038	0	9,550
CANADIAN NATL RY CO	COM	136375102	2,797	49,282	SH		SOLE		42,282	0	7,000
CARDINAL HEALTH INC	COM	14149Y108	948	12,342	SH		SOLE		10,042	0	2,300
CARE CAP PPTYS INC	COM	141624106	279	8,465	SH		SOLE		7,565	0	900
CELGENE CORP	COM	151020104	1,169	10,805	SH		SOLE		9,605	0	1,200
CERNER CORP	COM	156782104	219	3,650	SH		SOLE		2,450	0	1,200
CHEVRON CORP NEW	COM	166764100	7,143	90,550	SH		SOLE		86,850	0	3,700
CIMAREX ENERGY CO	COM	171798101	242	2,361	SH		SOLE		2,361	0	0
CISCO SYS INC	COM	17275R102	478	18,215	SH		SOLE		7,915	0	10,300
CLOROX CO DEL	COM	189054109	696	6,025	SH		SOLE		5,125	0	900
COCA COLA CO	COM	191216100	8,431	210,136	SH		SOLE		197,836	0	12,300
COLGATE PALMOLIVE CO	COM	194162103	3,295	51,921	SH		SOLE		43,321	0	8,600
COMCAST CORP NEW	CL A SPL	20030N200	260	4,550	SH		SOLE		650	0	3,900
CONCHO RES INC	COM	20605p101	252	2,560	SH		SOLE		2,560	0	0
CONOCOPHILLIPS	COM	20825c104	1,557	32,469	SH		SOLE		27,769	0	4,700
COSTCO WHSL CORP NEW	COM	22160K105	2,276	15,740	SH		SOLE		13,890	0	1,850
CSX CORP	COM	126408103	283	10,519	SH		SOLE		8,519	0	2,000
CUMMINS INC	COM	231021106	1,195	11,005	SH		SOLE		10,505	0	500
CVS HEALTH CORP	COM	126650100	1,431	14,830	SH		SOLE		12,780	0	2,050
D R HORTON INC	COM	23331A109	625	21,275	SH		SOLE		18,475	0	2,800
DANAHER CORP DEL	COM	235851102	1,703	19,990	SH		SOLE		15,915	0	4,075
DARDEN RESTAURANTS INC	COM	237194105	4,138	60,375	SH		SOLE		60,375	0	0
DEERE & CO	COM	244199105	1,983	26,802	SH		SOLE		23,352	0	3,450
DIAGEO P L C	SPON ADR NEW	25243Q205	11,964	110,994	SH		SOLE		100,644	0	10,350
DISNEY WALT CO	COM DISNEY	254687106	5,420	53,035	SH		SOLE		44,535	0	8,500
DOMINION RES INC VA NEW	COM	25746u109	462	6,561	SH		SOLE		261	0	6,300
DOW CHEM CO	COM	260543103	846	19,950	SH		SOLE		17,150	0	2,800
DU PONT E I DE NEMOURS & CO	COM	263534109	2,474	51,327	SH		SOLE		43,977	0	7,350
DUKE ENERGY CORP NEW	COM NEW	26441C204	761	10,576	SH		SOLE		8,176	0	2,400
DUPONT PFD B	PFD	263534307	276	2,959	SH		SOLE		659	0	2,300
E M C CORP MASS	COM	268648102	369	15,285	SH		SOLE		9,285	0	6,000
EASTMAN CHEM CO	COM	277432100	1,245	19,236	SH		SOLE		15,586	0	3,650
EATON CORP PLC	SHS	G29183103	3,488	67,994	SH		SOLE		60,694	0	7,300
EMERSON ELEC CO	COM	291011104	6,802	154,004	SH		SOLE		140,604	0	13,400
ENBRIDGE ENERGY PARTNERS L P	COM	29250R106	246	9,950	SH		SOLE		7,550	0	2,400
ENTERGY CORP NEW	COM	29364G103	247	3,800	SH		SOLE		3,800	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	12,577	505,107	SH		SOLE		471,707	0	33,400
EOG RES INC	COM	26875p101	3,016	41,428	SH		SOLE		39,078	0	2,350
EXXON MOBIL CORP	COM	30231g102	11,421	153,610	SH		SOLE		143,160	0	10,450
FEDERAL REALTY INVT TR	SH BEN INT NEW	313747206	785	5,750	SH		SOLE		5,750	0	0
FEDEX CORP	COM	31428X106	1,564	10,865	SH		SOLE		8,140	0	2,725
FORD MTR CO DEL	COM PAR $0.01	345370860	173	12,750	SH		SOLE		2,550	0	10,200
FREEPORT-MCMORAN INC	CL B	35671d857	143	14,796	SH		SOLE		14,796	0	0
GENERAL DYNAMICS CORP	COM	369550108	3,601	26,105	SH		SOLE		25,705	0	400
GENERAL ELECTRIC CO	COM	369604103	10,299	408,354	SH		SOLE		374,794	0	33,560
GENERAL MLS INC	COM	370334104	1,767	31,480	SH		SOLE		17,230	0	14,250
GILEAD SCIENCES INC	COM	375558103	4,042	41,165	SH		SOLE		35,865	0	5,300
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	3,160	82,180	SH		SOLE		76,670	0	5,510
GOLDCORP INC NEW	COM	380956409	146	11,657	SH		SOLE		11,657	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	318	6,170	SH		SOLE		5,970	0	200
HERSHEY CO	COM	427866108	390	4,250	SH		SOLE		3,150	0	1,100
HESS CORP	COM	42809H107	527	10,534	SH		SOLE		9,934	0	600
HOME DEPOT INC	COM	437076102	5,418	46,913	SH		SOLE		41,913	0	5,000
HONEYWELL INTL INC	COM	438516106	10,912	115,243	SH		SOLE		105,593	0	9,650
INTEL CORP	COM	458140100	4,179	138,665	SH		SOLE		121,915	0	16,750
INTERNATIONAL BUSINESS MACHS	COM	459200101	352	2,429	SH		SOLE		2,429	0	0
JOHNSON & JOHNSON	COM	478160104	11,676	125,082	SH		SOLE		112,082	0	13,000
JOHNSON CTLS INC	COM	478366107	1,118	27,025	SH		SOLE		20,825	0	6,200
JPMORGAN CHASE & CO	COM	46625H100	10,348	169,727	SH		SOLE		157,877	0	11,850
KATY TX ISD	COM	486063BR0	10	10,000	PRN		SOLE		10,000	0	0
KEYCORP NEW	COM	493267108	142	10,950	SH		SOLE		10,950	0	0
KIMBERLY CLARK CORP	COM	494368103	7,041	64,573	SH		SOLE		59,948	0	4,625
KINDER MORGAN INC DEL	COM	49456B101	5,268	190,303	SH		SOLE		180,603	0	9,700
KIRBY CORP	COM	497266106	217	3,500	SH		SOLE		3,500	0	0
KRAFT HEINZ CO	COM	500754106	6,332	89,714	SH		SOLE		85,998	0	3,716
LAUDER ESTEE COS INC	CL A	518439104	929	11,520	SH		SOLE		11,520	0	0
LENNAR CORP	CL A	526057104	520	10,800	SH		SOLE		9,800	0	1,000
LILLY ELI & CO	COM	532457108	7,461	89,152	SH		SOLE		81,202	0	7,950
LOCKHEED MARTIN CORP	COM	539830109	5,180	24,985	SH		SOLE		23,510	0	1,475
LOWES COS INC	COM	548661107	2,014	29,223	SH		SOLE		23,623	0	5,600
LVMH MOET HENNESSY LOUIS VITTO	COM	502441306	852	25,050	SH		SOLE		20,225	0	4,825
LYONDELLBASELL INDUSTRIES N	SHS - A -	n53745100	288	3,455	SH		SOLE		3,455	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	8,007	133,203	SH		SOLE		125,703	0	7,500
MAGNA INTL INC	COM	559222401	307	6,400	SH		SOLE		0	0	6,400
MAIN STREET CAPITAL CORP	COM	56035L104	556	20,850	SH		SOLE		20,850	0	0
MARATHON PETE CORP	COM	56585a102	401	8,650	SH		SOLE		3,650	0	5,000
MARSH & MCLENNAN COS INC	COM	571748102	679	13,000	SH		SOLE		13,000	0	0
MASTERCARD INC	CL A	57636q104	464	5,145	SH		SOLE		3,795	0	1,350
MCDONALDS CORP	COM	580135101	1,119	11,352	SH		SOLE		11,352	0	0
MCKESSON CORP	COM	58155Q103	958	5,175	SH		SOLE		4,200	0	975
MEDTRONIC PLC	SHS	G5960L103	570	8,515	SH		SOLE		6,365	0	2,150
MERCK & CO INC NEW	COM	58933y105	5,611	113,610	SH		SOLE		104,160	0	9,450
METLIFE INC	COM	59156r108	311	6,600	SH		SOLE		1,400	0	5,200
MONDELEZ INTL INC	CL A	609207105	3,836	91,617	SH		SOLE		82,567	0	9,050
NATIONAL GRID PLC	SPON ADR NEW	636274300	565	8,111	SH		SOLE		6,611	0	1,500
NESTLE	COM	641069406	9,098	120,924	SH		SOLE		109,799	0	11,125
NEXTERA ENERGY INC	COM	65339F101	327	3,349	SH		SOLE		3,349	0	0
NEXTERA ENERGY PARTNERS LP	COM UNIT PART IN	65341b106	258	11,825	SH		SOLE		11,825	0	0
NIKE INC	CL B	654106103	2,768	22,510	SH		SOLE		16,660	0	5,850
NOBLE ENERGY INC	COM	655044105	262	8,671	SH		SOLE		8,671	0	0
NORFOLK SOUTHERN CORP	COM	655844108	2,212	28,953	SH		SOLE		26,453	0	2,500
NORTHROP GRUMMAN CORP	COM	666807102	278	1,675	SH		SOLE		1,125	0	550
NOVARTIS A G	SPONSORED ADR	66987V109	2,225	24,201	SH		SOLE		19,151	0	5,050
NOVO-NORDISK A S	ADR	670100205	218	4,027	SH		SOLE		4,027	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	6,026	91,093	SH		SOLE		86,643	0	4,450
ONEOK PARTNERS LP	UNIT LTD PARTN	68268n103	1,110	37,940	SH		SOLE		37,940	0	0
PEPSICO INC	COM	713448108	13,590	144,110	SH		SOLE		129,535	0	14,575
PFIZER INC	COM	717081103	7,977	253,951	SH		SOLE		238,601	0	15,350
PHILIP MORRIS INTL INC	COM	718172109	3,600	45,380	SH		SOLE		44,480	0	900
PHILLIPS 66	COM	718546104	391	5,087	SH		SOLE		5,087	0	0
PIONEER NAT RES CO	COM	723787107	327	2,692	SH		SOLE		2,392	0	300
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	3,640	119,823	SH		SOLE		107,773	0	12,050
PNC FINL SVCS GROUP INC	COM	693475105	3,992	44,750	SH		SOLE		40,150	0	4,600
POWERSHARES ETF TRUST II	CEF INC COMPST	73936q843	1,265	60,250	SH		SOLE		60,250	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935a104	4,095	40,240	SH		SOLE		40,240	0	0
PRAXAIR INC	COM	74005P104	419	4,110	SH		SOLE		2,810	0	1,300
PRICE T ROWE GROUP INC	COM	74144t108	1,065	15,320	SH		SOLE		12,170	0	3,150
PROCTER & GAMBLE CO	COM	742718109	9,563	132,935	SH		SOLE		124,060	0	8,875
PROSPERITY BANCSHARES INC	COM	743606105	421	8,565	SH		SOLE		8,565	0	0
PULTE GROUP INC	COM	745867101	348	18,450	SH		SOLE		18,450	0	0
QUALCOMM INC	COM	747525103	4,159	77,405	SH		SOLE		62,355	0	15,050
RALPH LAUREN CORP	CL A	751212101	1,030	8,720	SH		SOLE		7,560	0	1,160
RAYTHEON CO	COM NEW	755111507	2,038	18,655	SH		SOLE		16,130	0	2,525
REALTY INCOME CORP	COM	756109104	1,257	26,525	SH		SOLE		22,025	0	4,500
REGENERON PHARMACEUTICALS	COM	75886f107	6,765	14,545	SH		SOLE		13,495	0	1,050
ROCKWELL AUTOMATION INC	COM	773903109	1,091	10,755	SH		SOLE		8,055	0	2,700
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	2,913	61,465	SH		SOLE		61,465	0	0
SANOFI	SPONSORED ADR	80105N105	2,581	54,380	SH		SOLE		46,580	0	7,800
SILVER WHEATON CORP	COM	828336107	294	24,521	SH		SOLE		24,521	0	0
SOUTHERN CO	COM	842587107	403	9,005	SH		SOLE		9,005	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,674	8,735	SH		SOLE		8,735	0	0
SPDR SERIES TRUST	S&P REGL BKG	78464a698	240	5,825	SH		SOLE		3,825	0	2,000
SPECTRA ENERGY PARTNERS LP	COM	84756N109	201	5,000	SH		SOLE		5,000	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	1,371	47,822	SH		SOLE		47,822	0	0
SUNOCO LP	COM U REP LP	86765k109	1,007	29,758	SH		SOLE		29,758	0	0
SYSCO CORP	COM	871829107	1,340	34,375	SH		SOLE		30,075	0	4,300
TARGA RESOURCES PARTNERS LP	COM UNIT	87611X105	210	7,239	SH		SOLE		7,239	0	0
TARGET CORP	COM	87612E106	526	6,685	SH		SOLE		4,185	0	2,500
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	439	7,775	SH		SOLE		7,775	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	492	4,025	SH		SOLE		2,575	0	1,450
TIME WARNER INC	COM NEW	887317303	2,208	32,120	SH		SOLE		26,745	0	5,375
TOLL BROTHERS INC	COM	889478103	434	12,675	SH		SOLE		10,975	0	1,700
TOTALLY HEMP CRAZY	COM	89156d106	1	15,000	SH		SOLE		15,000	0	0
UNILEVER N V	N Y SHS NEW	904784709	2,167	53,910	SH		SOLE		42,560	0	11,350
UNION PAC CORP	COM	907818108	5,709	64,569	SH		SOLE		58,769	0	5,800
UNITED PARCEL SERVICE INC	CL B	911312106	1,967	19,935	SH		SOLE		18,160	0	1,775
UNITED TECHNOLOGIES CORP	COM	913017109	6,393	71,840	SH		SOLE		66,440	0	5,400
UNITEDHEALTH GROUP INC	COM	91324p102	336	2,900	SH		SOLE		1,200	0	1,700
US BANCORP DEL	COM NEW	902973304	644	15,700	SH		SOLE		11,400	0	4,300
V F CORP	COM	918204108	4,946	72,510	SH		SOLE		67,485	0	5,025
VALERO ENERGY CORP NEW	COM	91913Y100	1,320	21,961	SH		SOLE		16,861	0	5,100
VARIAN MED SYS INC	COM	92220P105	785	10,638	SH		SOLE		8,788	0	1,850
VENTAS INC	COM	92276f100	2,354	41,985	SH		SOLE		37,385	0	4,600
VERIZON COMMUNICATIONS INC	COM	92343v104	4,800	110,321	SH		SOLE		100,971	0	9,350
VISA INC	COM CL A	92826c839	798	11,455	SH		SOLE		6,955	0	4,500
WALGREENS BOOTS ALLIANCE INC	COM	931427108	2,349	28,262	SH		SOLE		24,337	0	3,925
WASTE MGMT INC DEL	COM	94106l109	242	4,850	SH		SOLE		900	0	3,950
WEINGARTEN RLTY INVS	SH BEN INT	948741103	353	10,658	SH		SOLE		10,658	0	0
WELLS FARGO & CO NEW	COM	949746101	11,626	226,404	SH		SOLE		210,279	0	16,125
WELLS FARGO & CO NEW	PERP PFD CNV A	949746804	269	230	SH		SOLE		230	0	0
WELLTOWER INC	COM	95040q104	1,873	27,655	SH		SOLE		27,655	0	0
WEYERHAEUSER CO	COM	962166104	1,429	52,271	SH		SOLE		40,171	0	12,100
WILLIAMS COS INC DEL	COM	969457100	1,353	36,720	SH		SOLE		33,420	0	3,300
WILLIAMS PARTNERS L P NEW	COM UNIT LTD PAR	96949L105	289	9,064	SH		SOLE		9,064	0	0
XILINX INC	COM	983919101	991	23,375	SH		SOLE		18,525	0	4,850
YAHOO INC	COM	984332106	472	16,310	SH		SOLE		11,210	0	5,100
YAMANA GOLD INC	COM	98462y100	75	43,945	SH		SOLE		43,945	0	0
YUM BRANDS INC	COM	988498101	5,466	68,370	SH		SOLE		63,070	0	5,300
ZOETIS INC	CL A	98978v103	952	23,117	SH		SOLE		18,717	0	4,400
ZURICH INSURANCE GROUP	COM	989825104	2,254	92,075	SH		SOLE		92,075	0	0