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
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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	2,348	14,092	SH		SOLE		12,667	0	1,425
ABBOTT LABS	COM	002824100	785	18,768	SH		SOLE		12,468	0	6,300
ABBVIE INC	COM	00287y109	1,658	29,028	SH		SOLE		23,328	0	5,700
AIR PRODS & CHEMS INC	COM	009158106	284	1,970	SH		SOLE		1,970	0	0
ALLERGAN PLC	SHS	G0177J108	366	1,366	SH		SOLE		666	0	700
ALPHABET INC	CAP STK CL A	02079k305	1,315	1,724	SH		SOLE		1,024	0	700
ALPHABET INC	CAP STK CL C	02079k107	1,393	1,870	SH		SOLE		1,169	0	701
ALPS ETF TR	ALERIAN MLP	00162q866	6,541	599,000	SH		SOLE		595,000	0	4,000
ALTRIA GROUP INC	COM	02209S103	1,913	30,525	SH		SOLE		30,525	0	0
AMAZON COM INC	COM	023135106	1,009	1,700	SH		SOLE		1,150	0	550
AMERICAN ELEC PWR INC	COM	025537101	271	4,075	SH		SOLE		4,075	0	0
AMERICAN EXPRESS CO	COM	025816109	1,345	21,910	SH		SOLE		17,010	0	4,900
AMGEN INC	COM	031162100	225	1,500	SH		SOLE		950	0	550
ANADARKO PETE CORP	COM	032511107	3,194	68,592	SH		SOLE		67,492	0	1,100
ANALOG DEVICES INC	COM	032654105	3,166	53,497	SH		SOLE		46,047	0	7,450
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	1,596	12,805	SH		SOLE		11,005	0	1,800
APPLE INC	COM	037833100	11,666	107,035	SH		SOLE		99,510	0	7,525
ASTRAZENECA PLC	SPONSORED ADR	046353108	3,418	121,395	SH		SOLE		117,775	0	3,620
AT&T INC	COM	00206r102	2,583	65,935	SH		SOLE		60,535	0	5,400
AUTOZONE INC	COM	053332102	709	890	SH		SOLE		540	0	350
BAE SYSTEMS PLC	COM	05523R107	1,717	58,775	SH		SOLE		58,775	0	0
BECTON DICKINSON & CO	COM	075887109	1,215	8,000	SH		SOLE		6,350	0	1,650
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	213	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	5,207	36,699	SH		SOLE		34,049	0	2,650
BIOGEN INC	COM	09062X103	716	2,752	SH		SOLE		2,262	0	490
BLACKROCK INC	COM	09247X101	1,008	2,960	SH		SOLE		2,560	0	400
BLACKSTONE GROUP L P	COM UNIT LTD	09253u108	3,560	126,933	SH		SOLE		115,633	0	11,300
BLUE BUFFALO PET PRODS INC	COM	09531u102	390	15,200	SH		SOLE		15,200	0	0
BOEING CO	COM	097023105	348	2,742	SH		SOLE		1,642	0	1,100
BRISTOL MYERS SQUIBB CO	COM	110122108	4,285	67,074	SH		SOLE		57,774	0	9,300
CANADIAN NATL RY CO	COM	136375102	2,919	46,727	SH		SOLE		40,977	0	5,750
CARDINAL HEALTH INC	COM	14149Y108	981	11,973	SH		SOLE		9,673	0	2,300
CELGENE CORP	COM	151020104	1,192	11,905	SH		SOLE		10,255	0	1,650
CERNER CORP	COM	156782104	225	4,250	SH		SOLE		2,450	0	1,800
CHEVRON CORP NEW	COM	166764100	8,010	83,958	SH		SOLE		80,608	0	3,350
CHUBB LIMITED	COM	H1467J104	7,858	65,954	SH		SOLE		61,354	0	4,600
CIMAREX ENERGY CO	COM	171798101	259	2,666	SH		SOLE		2,666	0	0
CISCO SYS INC	COM	17275R102	509	17,885	SH		SOLE		7,585	0	10,300
CLOROX CO DEL	COM	189054109	745	5,910	SH		SOLE		5,010	0	900
COCA COLA CO	COM	191216100	9,614	207,245	SH		SOLE		195,195	0	12,050
COLGATE PALMOLIVE CO	COM	194162103	3,623	51,274	SH		SOLE		42,899	0	8,375
COMCAST CORP NEW	CL A	20030N101	278	4,550	SH		SOLE		650	0	3,900
CONCHO RES INC	COM	20605p101	217	2,148	SH		SOLE		2,148	0	0
CONOCOPHILLIPS	COM	20825c104	1,240	30,785	SH		SOLE		26,885	0	3,900
COSTCO WHSL CORP NEW	COM	22160K105	2,457	15,593	SH		SOLE		13,743	0	1,850
CSX CORP	COM	126408103	261	10,119	SH		SOLE		8,119	0	2,000
CUMMINS INC	COM	231021106	248	2,260	SH		SOLE		2,260	0	0
CVS HEALTH CORP	COM	126650100	2,002	19,300	SH		SOLE		15,475	0	3,825
D R HORTON INC	COM	23331A109	486	16,075	SH		SOLE		16,075	0	0
DANAHER CORP DEL	COM	235851102	1,856	19,565	SH		SOLE		15,490	0	4,075
DARDEN RESTAURANTS INC	COM	237194105	3,678	55,475	SH		SOLE		55,475	0	0
DEERE & CO	COM	244199105	1,189	15,446	SH		SOLE		14,546	0	900
DEVON ENERGY CORP NEW	COM	25179M103	220	8,020	SH		SOLE		8,020	0	0
DIAGEO P L C	SPON ADR NEW	25243Q205	11,875	110,085	SH		SOLE		99,860	0	10,225
DISNEY WALT CO	COM DISNEY	254687106	5,205	52,410	SH		SOLE		43,560	0	8,850
DOMINION RES INC VA NEW	COM	25746u109	576	7,671	SH		SOLE		1,371	0	6,300
DOW CHEM CO	COM	260543103	1,075	21,135	SH		SOLE		18,335	0	2,800
DU PONT E I DE NEMOURS & CO	COM	263534109	3,102	48,987	SH		SOLE		42,637	0	6,350
DUKE ENERGY CORP NEW	COM NEW	26441C204	881	10,920	SH		SOLE		8,520	0	2,400
DUPONT PFD B	PFD	263534307	304	2,909	SH		SOLE		609	0	2,300
E M C CORP MASS	COM	268648102	213	8,010	SH		SOLE		7,510	0	500
EASTMAN CHEM CO	COM	277432100	1,380	19,106	SH		SOLE		15,456	0	3,650
EATON CORP PLC	SHS	G29183103	4,157	66,454	SH		SOLE		59,304	0	7,150
EMERSON ELEC CO	COM	291011104	5,278	97,056	SH		SOLE		85,356	0	11,700
ENBRIDGE INC	COM	29250N105	206	5,300	SH		SOLE		5,300	0	0
ENTERGY CORP NEW	COM	29364G103	299	3,775	SH		SOLE		3,775	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	11,836	480,731	SH		SOLE		447,831	0	32,900
EOG RES INC	COM	26875p101	2,614	36,021	SH		SOLE		35,321	0	700
EXXON MOBIL CORP	COM	30231g102	12,091	144,650	SH		SOLE		135,600	0	9,050
FEDERAL REALTY INVT TR	SH BEN INT NEW	313747206	890	5,705	SH		SOLE		5,705	0	0
FEDEX CORP	COM	31428X106	1,685	10,355	SH		SOLE		7,630	0	2,725
FORD MTR CO DEL	COM PAR $0.01	345370860	182	13,450	SH		SOLE		2,550	0	10,900
FOUR CORNERS PPTY TR INC	COM	35086t109	667	37,160	SH		SOLE		37,160	0	0
FREEPORT-MCMORAN INC	CL B	35671d857	141	13,683	SH		SOLE		13,683	0	0
GENERAL DYNAMICS CORP	COM	369550108	3,644	27,742	SH		SOLE		27,342	0	400
GENERAL ELECTRIC CO	COM	369604103	12,525	393,987	SH		SOLE		360,927	0	33,060
GENERAL MLS INC	COM	370334104	1,985	31,330	SH		SOLE		17,180	0	14,150
GILEAD SCIENCES INC	COM	375558103	3,524	38,364	SH		SOLE		33,064	0	5,300
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	3,281	80,910	SH		SOLE		75,660	0	5,250
GOLDCORP INC NEW	COM	380956409	240	14,789	SH		SOLE		14,789	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	247	6,033	SH		SOLE		5,833	0	200
HERSHEY CO	COM	427866108	375	4,075	SH		SOLE		2,975	0	1,100
HESS CORP	COM	42809H107	595	11,307	SH		SOLE		11,307	0	0
HOME DEPOT INC	COM	437076102	6,029	45,188	SH		SOLE		39,938	0	5,250
HONEYWELL INTL INC	COM	438516106	12,560	112,097	SH		SOLE		102,697	0	9,400
INTEL CORP	COM	458140100	4,495	138,958	SH		SOLE		122,608	0	16,350
INTERNATIONAL BUSINESS MACHS	COM	459200101	368	2,429	SH		SOLE		2,429	0	0
JOHNSON & JOHNSON	COM	478160104	13,329	123,190	SH		SOLE		110,415	0	12,775
JOHNSON CTLS INC	COM	478366107	1,054	27,040	SH		SOLE		22,090	0	4,950
JPMORGAN CHASE & CO	COM	46625H100	9,883	166,884	SH		SOLE		155,084	0	11,800
KATY TX ISD	COM	486063BR0	10	10,000	PRN		SOLE		10,000	0	0
KEYCORP NEW	COM	493267108	121	10,950	SH		SOLE		10,950	0	0
KIMBERLY CLARK CORP	COM	494368103	9,391	69,815	SH		SOLE		65,290	0	4,525
KINDER MORGAN INC DEL	COM	49456B101	3,619	202,624	SH		SOLE		200,024	0	2,600
KIRBY CORP	COM	497266106	211	3,500	SH		SOLE		3,500	0	0
KRAFT HEINZ CO	COM	500754106	6,948	88,440	SH		SOLE		84,724	0	3,716
LAUDER ESTEE COS INC	CL A	518439104	1,066	11,301	SH		SOLE		11,301	0	0
LENNAR CORP	CL A	526057104	503	10,400	SH		SOLE		9,400	0	1,000
LILLY ELI & CO	COM	532457108	6,534	90,735	SH		SOLE		82,735	0	8,000
LOCKHEED MARTIN CORP	COM	539830109	6,072	27,412	SH		SOLE		25,587	0	1,825
LOWES COS INC	COM	548661107	2,229	29,431	SH		SOLE		23,571	0	5,860
LVMH MOET HENNESSY LOUIS VITTO	COM	502441306	839	24,550	SH		SOLE		19,725	0	4,825
LYONDELLBASELL INDUSTRIES N	SHS - A -	n53745100	288	3,371	SH		SOLE		3,371	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	8,520	123,837	SH		SOLE		117,737	0	6,100
MAGNA INTL INC	COM	559222401	275	6,400	SH		SOLE		0	0	6,400
MAIN STREET CAPITAL CORP	COM	56035L104	581	18,525	SH		SOLE		18,525	0	0
MARATHON PETE CORP	COM	56585a102	381	10,236	SH		SOLE		5,536	0	4,700
MARSH & MCLENNAN COS INC	COM	571748102	790	13,000	SH		SOLE		13,000	0	0
MASTERCARD INC	CL A	57636q104	844	8,935	SH		SOLE		5,710	0	3,225
MCDONALDS CORP	COM	580135101	1,727	13,742	SH		SOLE		13,742	0	0
MCKESSON CORP	COM	58155Q103	833	5,300	SH		SOLE		4,225	0	1,075
MEDTRONIC PLC	SHS	G5960L103	675	8,995	SH		SOLE		6,645	0	2,350
MERCK & CO INC NEW	COM	58933y105	5,989	113,193	SH		SOLE		103,743	0	9,450
METLIFE INC	COM	59156r108	257	5,850	SH		SOLE		650	0	5,200
MICROSOFT CORP	COM	594918104	453	8,200	SH		SOLE		5,950	0	2,250
MOLSON COORS BREWING CO	CL B	60871R209	441	4,585	SH		SOLE		4,585	0	0
MONDELEZ INTL INC	CL A	609207105	3,605	89,858	SH		SOLE		81,008	0	8,850
NATIONAL GRID PLC	SPON ADR NEW	636274300	652	9,136	SH		SOLE		7,636	0	1,500
NESTLE	COM	641069406	9,015	120,835	SH		SOLE		109,985	0	10,850
NEXTERA ENERGY INC	COM	65339F101	349	2,949	SH		SOLE		2,949	0	0
NIKE INC	CL B	654106103	2,703	43,970	SH		SOLE		32,920	0	11,050
NOBLE ENERGY INC	COM	655044105	272	8,673	SH		SOLE		8,673	0	0
NORFOLK SOUTHERN CORP	COM	655844108	2,229	26,778	SH		SOLE		25,278	0	1,500
NORTHROP GRUMMAN CORP	COM	666807102	401	2,025	SH		SOLE		1,475	0	550
NOVARTIS A G	SPONSORED ADR	66987V109	1,836	25,347	SH		SOLE		19,897	0	5,450
NOVO-NORDISK A S	ADR	670100205	213	3,927	SH		SOLE		3,927	0	0
O REILLY AUTOMOTIVE INC NEW	COM	67103H107	480	1,755	SH		SOLE		1,080	0	675
OCCIDENTAL PETE CORP DEL	COM	674599105	5,737	83,841	SH		SOLE		81,791	0	2,050
ONEOK PARTNERS LP	UNIT LTD PARTN	68268n103	822	26,190	SH		SOLE		26,190	0	0
PEPSICO INC	COM	713448108	14,551	141,993	SH		SOLE		127,843	0	14,150
PFIZER INC	COM	717081103	7,495	252,851	SH		SOLE		236,501	0	16,350
PHILIP MORRIS INTL INC	COM	718172109	3,978	40,545	SH		SOLE		39,645	0	900
PHILLIPS 66	COM	718546104	428	4,948	SH		SOLE		4,948	0	0
PIMCO ETF TR	1-5 US TIP IDX	72201r205	314	6,000	SH		SOLE		6,000	0	0
PIONEER NAT RES CO	COM	723787107	390	2,771	SH		SOLE		2,471	0	300
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	2,228	106,246	SH		SOLE		94,396	0	11,850
PNC FINL SVCS GROUP INC	COM	693475105	3,716	43,937	SH		SOLE		39,437	0	4,500
POWERSHARES ETF TRUST II	CEF INC COMPST	73936q843	1,238	57,350	SH		SOLE		57,350	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935a104	4,263	39,040	SH		SOLE		39,040	0	0
PRAXAIR INC	COM	74005P104	379	3,310	SH		SOLE		2,410	0	900
PRICE T ROWE GROUP INC	COM	74144t108	1,124	15,295	SH		SOLE		12,145	0	3,150
PROCTER & GAMBLE CO	COM	742718109	10,734	130,415	SH		SOLE		121,390	0	9,025
PROSPERITY BANCSHARES INC	COM	743606105	320	6,900	SH		SOLE		6,900	0	0
PUBLIC STORAGE	COM	74460D109	2,541	9,212	SH		SOLE		9,212	0	0
PULTE GROUP INC	COM	745867101	327	17,500	SH		SOLE		17,500	0	0
QUALCOMM INC	COM	747525103	3,023	59,118	SH		SOLE		44,068	0	15,050
RALPH LAUREN CORP	CL A	751212101	566	5,875	SH		SOLE		5,035	0	840
RAYTHEON CO	COM NEW	755111507	3,794	30,935	SH		SOLE		28,185	0	2,750
REALTY INCOME CORP	COM	756109104	1,652	26,435	SH		SOLE		21,935	0	4,500
REGENERON PHARMACEUTICALS	COM	75886f107	5,075	14,080	SH		SOLE		13,130	0	950
ROCKWELL AUTOMATION INC	COM	773903109	739	6,500	SH		SOLE		5,550	0	950
ROCKY MOUNTAIN HIGH BRANDS	COM	77471r108	1	15,000	SH		SOLE		15,000	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	2,877	59,380	SH		SOLE		59,380	0	0
SANOFI	SPONSORED ADR	80105N105	3,017	75,130	SH		SOLE		67,330	0	7,800
SILVER WHEATON CORP	COM	828336107	483	29,105	SH		SOLE		29,105	0	0
SOUTHERN CO	COM	842587107	459	8,880	SH		SOLE		8,880	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,838	8,945	SH		SOLE		8,945	0	0
SPDR SERIES TRUST	S&P REGL BKG	78464a698	212	5,625	SH		SOLE		3,625	0	2,000
SPECTRA ENERGY PARTNERS LP	COM	84756N109	233	4,850	SH		SOLE		4,850	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	1,140	45,458	SH		SOLE		45,458	0	0
SUNOCO LP	COM U REP LP	86765k109	872	26,323	SH		SOLE		26,323	0	0
SYSCO CORP	COM	871829107	1,570	33,600	SH		SOLE		29,300	0	4,300
TARGET CORP	COM	87612E106	538	6,535	SH		SOLE		4,185	0	2,350
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	366	6,840	SH		SOLE		6,840	0	0
TEXAS INSTRS INC	COM	882508104	229	3,983	SH		SOLE		3,983	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	636	4,495	SH		SOLE		2,845	0	1,650
TIME WARNER INC	COM NEW	887317303	2,291	31,585	SH		SOLE		25,835	0	5,750
TRAVELERS COMPANIES INC	COM	89417E109	1,860	15,935	SH		SOLE		15,935	0	0
UNDER ARMOUR INC	CL A	904311107	335	3,950	SH		SOLE		2,850	0	1,100
UNILEVER N V	N Y SHS NEW	904784709	2,394	53,580	SH		SOLE		42,080	0	11,500
UNION PAC CORP	COM	907818108	5,044	63,408	SH		SOLE		57,458	0	5,950
UNITED PARCEL SERVICE INC	CL B	911312106	1,728	16,381	SH		SOLE		15,406	0	975
UNITED TECHNOLOGIES CORP	COM	913017109	7,026	70,187	SH		SOLE		65,087	0	5,100
UNITEDHEALTH GROUP INC	COM	91324p102	374	2,900	SH		SOLE		1,200	0	1,700
US BANCORP DEL	COM NEW	902973304	575	14,175	SH		SOLE		9,875	0	4,300
V F CORP	COM	918204108	4,617	71,299	SH		SOLE		66,274	0	5,025
VALERO ENERGY CORP NEW	COM	91913Y100	1,436	22,387	SH		SOLE		17,587	0	4,800
VARIAN MED SYS INC	COM	92220P105	811	10,138	SH		SOLE		8,338	0	1,800
VENTAS INC	COM	92276f100	3,441	54,660	SH		SOLE		50,060	0	4,600
VERIZON COMMUNICATIONS INC	COM	92343v104	5,685	105,126	SH		SOLE		95,776	0	9,350
VISA INC	COM CL A	92826c839	844	11,030	SH		SOLE		6,430	0	4,600
WALGREENS BOOTS ALLIANCE INC	COM	931427108	2,642	31,362	SH		SOLE		25,487	0	5,875
WASTE MGMT INC DEL	COM	94106l109	286	4,850	SH		SOLE		900	0	3,950
WEINGARTEN RLTY INVS	SH BEN INT	948741103	400	10,658	SH		SOLE		10,658	0	0
WELLS FARGO & CO NEW	COM	949746101	10,735	221,983	SH		SOLE		206,258	0	15,725
WELLS FARGO & CO NEW	PERP PFD CNV A	949746804	277	230	SH		SOLE		230	0	0
WELLTOWER INC	COM	95040q104	2,006	28,930	SH		SOLE		28,930	0	0
WEYERHAEUSER CO	COM	962166104	1,818	58,676	SH		SOLE		47,976	0	10,700
WILLIAMS COS INC DEL	COM	969457100	549	34,182	SH		SOLE		30,882	0	3,300
XILINX INC	COM	983919101	1,083	22,825	SH		SOLE		17,975	0	4,850
YAHOO INC	COM	984332106	442	12,010	SH		SOLE		8,910	0	3,100
YAMANA GOLD INC	COM	98462y100	47	15,346	SH		SOLE		15,346	0	0
YUM BRANDS INC	COM	988498101	5,528	67,533	SH		SOLE		62,483	0	5,050
ZOETIS INC	CL A	98978v103	1,018	22,970	SH		SOLE		18,570	0	4,400
ZURICH INSURANCE GROUP	COM	989825104	2,069	88,750	SH		SOLE		88,750	0	0