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	2,691	15,369	SH		SOLE		13,944	0	1,425
ABBOTT LABS	COM	002824100	729	18,543	SH		SOLE		12,443	0	6,100
ABBVIE INC	COM	00287y109	1,632	26,363	SH		SOLE		22,163	0	4,200
AGILENT TECHNOLOGIES INC	COM	00846u101	222	5,000	SH		SOLE		0	0	5,000
AIR PRODS & CHEMS INC	COM	009158106	260	1,830	SH		SOLE		1,830	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	1,874	18,105	SH		SOLE		18,105	0	0
ALLERGAN PLC	SHS	G0177J108	301	1,301	SH		SOLE		601	0	700
ALPHABET INC	CAP STK CL A	02079k305	1,213	1,724	SH		SOLE		1,024	0	700
ALPHABET INC	CAP STK CL C	02079k107	1,294	1,870	SH		SOLE		1,169	0	701
ALPS ETF TR	ALERIAN MLP	00162q866	4,481	352,300	SH		SOLE		348,300	0	4,000
ALTRIA GROUP INC	COM	02209S103	2,105	30,525	SH		SOLE		30,525	0	0
AMAZON COM INC	COM	023135106	1,181	1,650	SH		SOLE		1,100	0	550
AMERICAN ELEC PWR INC	COM	025537101	278	3,960	SH		SOLE		3,960	0	0
AMERICAN EXPRESS CO	COM	025816109	427	7,035	SH		SOLE		5,185	0	1,850
AMERICAN WTR WKS CO INC NEW	COM	030420103	357	4,225	SH		SOLE		4,225	0	0
AMGEN INC	COM	031162100	217	1,425	SH		SOLE		875	0	550
ANADARKO PETE CORP	COM	032511107	1,788	33,572	SH		SOLE		32,872	0	700
ANALOG DEVICES INC	COM	032654105	2,888	50,997	SH		SOLE		43,547	0	7,450
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	1,587	12,055	SH		SOLE		10,255	0	1,800
APPLE INC	COM	037833100	12,943	135,388	SH		SOLE		127,863	0	7,525
ASTRAZENECA PLC	SPONSORED ADR	046353108	570	18,870	SH		SOLE		17,150	0	1,720
AT&T INC	COM	00206r102	2,822	65,310	SH		SOLE		59,910	0	5,400
AUTOZONE INC	COM	053332102	1,445	1,820	SH		SOLE		1,405	0	415
BAE SYSTEMS PLC	COM	05523R107	1,646	58,150	SH		SOLE		58,150	0	0
BECTON DICKINSON & CO	COM	075887109	1,277	7,530	SH		SOLE		5,880	0	1,650
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	217	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	5,140	35,499	SH		SOLE		32,849	0	2,650
BIOGEN INC	COM	09062X103	632	2,612	SH		SOLE		2,122	0	490
BLACKROCK INC	COM	09247X101	997	2,910	SH		SOLE		2,510	0	400
BLACKSTONE GROUP L P	COM UNIT LTD	09253u108	3,075	125,317	SH		SOLE		113,217	0	12,100
BLUE BUFFALO PET PRODS INC	COM	09531u102	355	15,200	SH		SOLE		15,200	0	0
BOEING CO	COM	097023105	324	2,492	SH		SOLE		1,392	0	1,100
BRISTOL MYERS SQUIBB CO	COM	110122108	4,821	65,549	SH		SOLE		56,249	0	9,300
CABOT OIL & GAS CORP	COM	127097103	256	9,930	SH		SOLE		9,930	0	0
CANADIAN NATL RY CO	COM	136375102	2,453	41,527	SH		SOLE		35,927	0	5,600
CARDINAL HEALTH INC	COM	14149Y108	750	9,617	SH		SOLE		7,917	0	1,700
CELGENE CORP	COM	151020104	1,313	13,315	SH		SOLE		11,415	0	1,900
CERNER CORP	COM	156782104	220	3,750	SH		SOLE		1,950	0	1,800
CHEVRON CORP NEW	COM	166764100	7,866	75,033	SH		SOLE		72,883	0	2,150
CHUBB LIMITED	COM	H1467J104	9,624	73,629	SH		SOLE		67,529	0	6,100
CIMAREX ENERGY CO	COM	171798101	359	3,008	SH		SOLE		3,008	0	0
CISCO SYS INC	COM	17275R102	503	17,535	SH		SOLE		7,235	0	10,300
CLOROX CO DEL	COM	189054109	817	5,900	SH		SOLE		5,000	0	900
COCA COLA CO	COM	191216100	8,755	193,134	SH		SOLE		181,084	0	12,050
COLGATE PALMOLIVE CO	COM	194162103	3,620	49,459	SH		SOLE		41,084	0	8,375
COMCAST CORP NEW	CL A	20030N101	329	5,050	SH		SOLE		650	0	4,400
CONCHO RES INC	COM	20605p101	271	2,274	SH		SOLE		2,274	0	0
CONOCOPHILLIPS	COM	20825c104	895	20,537	SH		SOLE		17,687	0	2,850
CONSTELLATION BRANDS INC	CL A	21036P108	4,054	24,510	SH		SOLE		23,485	0	1,025
COSTCO WHSL CORP NEW	COM	22160K105	2,399	15,278	SH		SOLE		13,428	0	1,850
CRACKER BARREL OLD CTRY STOR	COM	22410j106	3,746	21,845	SH		SOLE		21,245	0	600
CSX CORP	COM	126408103	239	9,168	SH		SOLE		7,168	0	2,000
CVS HEALTH CORP	COM	126650100	2,985	31,175	SH		SOLE		26,500	0	4,675
D R HORTON INC	COM	23331A109	207	6,575	SH		SOLE		6,575	0	0
DANAHER CORP DEL	COM	235851102	2,080	20,595	SH		SOLE		16,210	0	4,385
DEERE & CO	COM	244199105	854	10,536	SH		SOLE		9,786	0	750
DEVON ENERGY CORP NEW	COM	25179M103	286	7,900	SH		SOLE		7,900	0	0
DIAGEO P L C	SPON ADR NEW	25243Q205	11,846	104,940	SH		SOLE		94,785	0	10,155
DISNEY WALT CO	COM DISNEY	254687106	5,577	57,015	SH		SOLE		47,065	0	9,950
DOLLAR GEN CORP NEW	COM	256677105	328	3,485	SH		SOLE		1,975	0	1,510
DOMINION RES INC VA NEW	COM	25746u109	576	7,396	SH		SOLE		1,096	0	6,300
DOW CHEM CO	COM	260543103	1,112	22,367	SH		SOLE		18,967	0	3,400
DR PEPPER SNAPPLE GROUP INC	COM	26138e109	737	7,630	SH		SOLE		5,690	0	1,940
DU PONT E I DE NEMOURS & CO	COM	263534109	3,093	47,729	SH		SOLE		41,379	0	6,350
DUKE ENERGY CORP NEW	COM NEW	26441C204	1,081	12,604	SH		SOLE		10,204	0	2,400
DUPONT PFD B	PFD	263534307	355	3,409	SH		SOLE		609	0	2,800
EASTMAN CHEM CO	COM	277432100	1,337	19,691	SH		SOLE		16,041	0	3,650
EATON CORP PLC	SHS	G29183103	2,752	46,073	SH		SOLE		38,923	0	7,150
EMERSON ELEC CO	COM	291011104	3,719	71,308	SH		SOLE		61,058	0	10,250
ENBRIDGE ENERGY PARTNERS L P	COM	29250R106	212	9,125	SH		SOLE		6,725	0	2,400
ENTERGY CORP NEW	COM	29364G103	296	3,635	SH		SOLE		3,635	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	14,619	499,641	SH		SOLE		466,941	0	32,700
EOG RES INC	COM	26875p101	2,265	27,157	SH		SOLE		26,557	0	600
EXXON MOBIL CORP	COM	30231g102	12,514	133,492	SH		SOLE		126,342	0	7,150
FACEBOOK INC	CL A	30303M102	229	2,003	SH		SOLE		1,353	0	650
FEDERAL REALTY INVT TR	SH BEN INT NEW	313747206	925	5,590	SH		SOLE		5,590	0	0
FEDEX CORP	COM	31428X106	1,496	9,855	SH		SOLE		7,130	0	2,725
FORD MTR CO DEL	COM PAR $0.01	345370860	170	13,550	SH		SOLE		2,650	0	10,900
FREEPORT-MCMORAN INC	CL B	35671d857	145	13,031	SH		SOLE		13,031	0	0
GENERAL DYNAMICS CORP	COM	369550108	4,195	30,127	SH		SOLE		29,727	0	400
GENERAL ELECTRIC CO	COM	369604103	12,027	382,061	SH		SOLE		349,001	0	33,060
GENERAL MLS INC	COM	370334104	2,151	30,155	SH		SOLE		16,005	0	14,150
GILEAD SCIENCES INC	COM	375558103	3,086	36,999	SH		SOLE		31,699	0	5,300
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	704	16,240	SH		SOLE		10,990	0	5,250
GOLDCORP INC NEW	COM	380956409	310	16,221	SH		SOLE		16,221	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	279	5,608	SH		SOLE		5,408	0	200
HERSHEY CO	COM	427866108	462	4,075	SH		SOLE		2,975	0	1,100
HESS CORP	COM	42809H107	696	11,576	SH		SOLE		11,576	0	0
HOME DEPOT INC	COM	437076102	5,693	44,586	SH		SOLE		39,236	0	5,350
HONEYWELL INTL INC	COM	438516106	12,102	104,039	SH		SOLE		94,664	0	9,375
ILLUMINA INC	COM	452327109	275	1,960	SH		SOLE		1,570	0	390
INTEL CORP	COM	458140100	4,331	132,033	SH		SOLE		115,683	0	16,350
INTERNATIONAL BUSINESS MACHS	COM	459200101	369	2,429	SH		SOLE		2,429	0	0
JOHNSON & JOHNSON	COM	478160104	14,285	117,762	SH		SOLE		105,087	0	12,675
JOHNSON CTLS INC	COM	478366107	1,139	25,740	SH		SOLE		20,790	0	4,950
JPMORGAN CHASE & CO	COM	46625H100	9,858	158,634	SH		SOLE		146,834	0	11,800
KATY TX ISD	COM	486063BR0	10	10,000	PRN		SOLE		10,000	0	0
KIMBERLY CLARK CORP	COM	494368103	9,279	67,496	SH		SOLE		62,771	0	4,725
KINDER MORGAN INC DEL	COM	49456B101	2,383	127,271	SH		SOLE		127,271	0	0
KIRBY CORP	COM	497266106	218	3,500	SH		SOLE		3,500	0	0
KRAFT HEINZ CO	COM	500754106	7,578	85,642	SH		SOLE		81,926	0	3,716
LAUDER ESTEE COS INC	CL A	518439104	936	10,286	SH		SOLE		10,286	0	0
LENNAR CORP	CL A	526057104	250	5,425	SH		SOLE		5,425	0	0
LILLY ELI & CO	COM	532457108	7,175	91,112	SH		SOLE		83,112	0	8,000
LOCKHEED MARTIN CORP	COM	539830109	7,144	28,785	SH		SOLE		26,800	0	1,985
LOWES COS INC	COM	548661107	2,310	29,176	SH		SOLE		22,876	0	6,300
LVMH MOET HENNESSY LOUIS VITTO	COM	502441306	705	23,225	SH		SOLE		18,400	0	4,825
LYONDELLBASELL INDUSTRIES N	SHS - A -	n53745100	302	4,053	SH		SOLE		4,053	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	9,794	128,867	SH		SOLE		122,967	0	5,900
MAGNA INTL INC	COM	559222401	224	6,400	SH		SOLE		0	0	6,400
MAIN STREET CAPITAL CORP	COM	56035L104	544	16,550	SH		SOLE		16,550	0	0
MARATHON PETE CORP	COM	56585a102	422	11,115	SH		SOLE		6,415	0	4,700
MARSH & MCLENNAN COS INC	COM	571748102	890	13,000	SH		SOLE		13,000	0	0
MASTERCARD INC	CL A	57636q104	818	9,284	SH		SOLE		6,009	0	3,275
MCDONALDS CORP	COM	580135101	1,581	13,140	SH		SOLE		13,140	0	0
MCKESSON CORP	COM	58155Q103	910	4,875	SH		SOLE		3,900	0	975
MEDTRONIC PLC	SHS	G5960L103	811	9,345	SH		SOLE		6,845	0	2,500
MERCK & CO INC	COM	58933y105	6,622	114,937	SH		SOLE		105,337	0	9,600
METLIFE INC	COM	59156r108	215	5,400	SH		SOLE		200	0	5,200
MICROSOFT CORP	COM	594918104	1,483	28,975	SH		SOLE		25,025	0	3,950
MOLSON COORS BREWING CO	CL B	60871R209	1,206	11,925	SH		SOLE		11,925	0	0
MONDELEZ INTL INC	CL A	609207105	3,262	71,680	SH		SOLE		62,830	0	8,850
NATIONAL GRID PLC	SPON ADR NEW	636274300	656	8,828	SH		SOLE		7,328	0	1,500
NESTLE	COM	641069406	9,325	120,618	SH		SOLE		109,768	0	10,850
NEXTERA ENERGY INC	COM	65339F101	3,396	26,044	SH		SOLE		26,044	0	0
NIKE INC	CL B	654106103	2,299	41,657	SH		SOLE		30,707	0	10,950
NOBLE ENERGY INC	COM	655044105	327	9,112	SH		SOLE		9,112	0	0
NORFOLK SOUTHERN CORP	COM	655844108	2,032	23,868	SH		SOLE		22,668	0	1,200
NORTHROP GRUMMAN CORP	COM	666807102	448	2,015	SH		SOLE		1,415	0	600
NOVARTIS A G	SPONSORED ADR	66987V109	1,997	24,209	SH		SOLE		18,759	0	5,450
NOVO-NORDISK A S	ADR	670100205	211	3,927	SH		SOLE		3,927	0	0
O REILLY AUTOMOTIVE INC NEW	COM	67103H107	1,726	6,365	SH		SOLE		5,415	0	950
OCCIDENTAL PETE CORP DEL	COM	674599105	5,530	73,182	SH		SOLE		71,232	0	1,950
ONEOK INC NEW	COM	682680103	1,809	38,125	SH		SOLE		38,125	0	0
ONEOK PARTNERS LP	UNIT LTD PARTN	68268n103	887	22,140	SH		SOLE		22,140	0	0
PEPSICO INC	COM	713448108	14,522	137,080	SH		SOLE		122,930	0	14,150
PFIZER INC	COM	717081103	8,823	250,575	SH		SOLE		233,125	0	17,450
PHILIP MORRIS INTL INC	COM	718172109	3,763	36,995	SH		SOLE		36,095	0	900
PHILLIPS 66	COM	718546104	422	5,324	SH		SOLE		5,324	0	0
PIONEER NAT RES CO	COM	723787107	371	2,453	SH		SOLE		2,153	0	300
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	2,566	93,333	SH		SOLE		81,683	0	11,650
PNC FINL SVCS GROUP INC	COM	693475105	3,548	43,587	SH		SOLE		39,087	0	4,500
POWERSHARES ETF TRUST II	CEF INC COMPST	73936q843	1,233	55,625	SH		SOLE		55,625	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935a104	3,833	35,640	SH		SOLE		35,640	0	0
PPL CORP	COM	69351t106	1,873	49,625	SH		SOLE		47,375	0	2,250
PRICE T ROWE GROUP INC	COM	74144t108	974	13,345	SH		SOLE		10,195	0	3,150
PROCTER & GAMBLE CO	COM	742718109	10,802	127,580	SH		SOLE		118,155	0	9,425
PROSPERITY BANCSHARES INC	COM	743606105	303	5,950	SH		SOLE		5,950	0	0
PUBLIC STORAGE	COM	74460D109	3,083	12,062	SH		SOLE		12,062	0	0
QUALCOMM INC	COM	747525103	2,975	55,540	SH		SOLE		40,940	0	14,600
RANGE RES CORP	COM	75281a109	204	4,736	SH		SOLE		4,736	0	0
RAYMOND JAMES FINL 6.9%	PFD	754730208	232	8,800	SH		SOLE		0	0	8,800
RAYTHEON CO	COM NEW	755111507	5,455	40,125	SH		SOLE		36,900	0	3,225
REALTY INCOME CORP	COM	756109104	1,769	25,505	SH		SOLE		21,005	0	4,500
REGENERON PHARMACEUTICALS	COM	75886f107	4,524	12,955	SH		SOLE		12,005	0	950
ROCKY MOUNTAIN HIGH BRANDS	COM	77471r108	0	15,000	SH		SOLE		15,000	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	2,744	49,695	SH		SOLE		49,695	0	0
SANOFI	SPONSORED ADR	80105N105	2,749	65,685	SH		SOLE		58,185	0	7,500
SILVER WHEATON CORP	COM	828336107	740	31,441	SH		SOLE		31,441	0	0
SMUCKER J M CO	COM NEW	832696405	775	5,085	SH		SOLE		5,085	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,527	7,290	SH		SOLE		7,290	0	0
SPDR SERIES TRUST	S&P REGL BKG	78464a698	382	9,950	SH		SOLE		5,950	0	4,000
SPECTRA ENERGY CORP	COM	847560109	202	5,505	SH		SOLE		1,905	0	3,600
SPECTRA ENERGY PARTNERS LP	COM	84756N109	222	4,700	SH		SOLE		4,700	0	0
STARBUCKS CORP	COM	855244109	234	4,102	SH		SOLE		4,102	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	840	29,232	SH		SOLE		29,232	0	0
SUNOCO LP	COM U REP LP	86765k109	519	17,344	SH		SOLE		17,344	0	0
SYSCO CORP	COM	871829107	1,616	31,850	SH		SOLE		27,550	0	4,300
TARGET CORP	COM	87612E106	355	5,085	SH		SOLE		3,085	0	2,000
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	344	6,840	SH		SOLE		6,840	0	0
TEXAS INSTRS INC	COM	882508104	231	3,683	SH		SOLE		3,683	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	663	4,485	SH		SOLE		2,835	0	1,650
TIME WARNER INC	COM NEW	887317303	2,833	38,520	SH		SOLE		31,270	0	7,250
TRAVELERS COMPANIES INC	COM	89417E109	1,814	15,235	SH		SOLE		15,235	0	0
UNILEVER N V	N Y SHS NEW	904784709	2,486	52,965	SH		SOLE		41,465	0	11,500
UNION PAC CORP	COM	907818108	4,457	51,084	SH		SOLE		45,134	0	5,950
UNITED TECHNOLOGIES CORP	COM	913017109	6,876	67,047	SH		SOLE		61,947	0	5,100
UNITEDHEALTH GROUP INC	COM	91324p102	409	2,900	SH		SOLE		1,200	0	1,700
US BANCORP DEL	COM NEW	902973304	589	14,600	SH		SOLE		9,900	0	4,700
V F CORP	COM	918204108	4,068	66,164	SH		SOLE		61,139	0	5,025
VALERO ENERGY CORP NEW	COM	91913Y100	1,093	21,440	SH		SOLE		16,640	0	4,800
VARIAN MED SYS INC	COM	92220P105	813	9,888	SH		SOLE		8,088	0	1,800
VENTAS INC	COM	92276f100	4,016	55,155	SH		SOLE		50,555	0	4,600
VERIZON COMMUNICATIONS INC	COM	92343v104	5,835	104,491	SH		SOLE		95,141	0	9,350
VISA INC	COM CL A	92826c839	891	12,010	SH		SOLE		7,410	0	4,600
WALGREENS BOOTS ALLIANCE INC	COM	931427108	3,415	41,007	SH		SOLE		34,382	0	6,625
WASTE MGMT INC DEL	COM	94106l109	321	4,850	SH		SOLE		900	0	3,950
WEINGARTEN RLTY INVS	SH BEN INT	948741103	400	9,808	SH		SOLE		9,808	0	0
WELLS FARGO & CO NEW	COM	949746101	9,995	211,168	SH		SOLE		195,193	0	15,975
WELLS FARGO & CO NEW	PERP PFD CNV A	949746804	299	230	SH		SOLE		230	0	0
WELLTOWER INC	COM	95040q104	2,196	28,830	SH		SOLE		28,830	0	0
WEYERHAEUSER CO	COM	962166104	1,634	54,872	SH		SOLE		44,172	0	10,700
WHITEWAVE FOODS CO	COM	966244105	662	14,110	SH		SOLE		10,560	0	3,550
WILLIAMS COS INC DEL	COM	969457100	552	25,510	SH		SOLE		22,210	0	3,300
XILINX INC	COM	983919101	1,052	22,800	SH		SOLE		17,950	0	4,850
YAHOO INC	COM	984332106	451	12,010	SH		SOLE		8,910	0	3,100
YAMANA GOLD INC	COM	98462y100	66	12,753	SH		SOLE		12,753	0	0
YUM BRANDS INC	COM	988498101	5,326	64,236	SH		SOLE		59,186	0	5,050
ZOETIS INC	CL A	98978v103	1,055	22,220	SH		SOLE		17,820	0	4,400
ZURICH INSURANCE GROUP	COM	989825104	2,021	82,225	SH		SOLE		82,225	0	0