Salient Capital Advisors 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
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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	2,338	17,233	SH		SOLE	0	17,233	0	0
ABB LTD	SPONSORED ADR	000375204	896	34,730	SH		SOLE	0	34,730	0	0
ABBOTT LABS	COM	002824100	4,465	115,932	SH		SOLE	0	115,932	0	0
ABBVIE INC	COM	00287Y109	3,350	65,175	SH		SOLE	0	65,175	0	0
ABERDEEN ASIA PACIFIC INCOM	COM	003009107	96	15,700	SH		SOLE	0	15,700	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	1,765	22,143	SH		SOLE	0	22,143	0	0
ACCESS MIDSTREAM PARTNERS	L UNIT	00434L109	69,538	1,208,314	SH		SOLE	0	1,208,314	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	282	7,482	SH		SOLE	0	7,482	0	0
ALLIANCE HOLDINGS GP LP	COM UNITS LP	01861G100	46,490	748,396	SH		SOLE	0	748,396	0	0
ALTRIA GROUP INC	COM	02209S103	4,559	121,801	SH		SOLE	0	121,801	0	0
AMBEV SA	SPONSORED ADR	02319V103	148	20,000	SH		SOLE	0	20,000	0	0
AMERIGAS PARTNERS L P	UNIT L P INT	030975106	10,372	245,502	SH		SOLE	0	245,502	0	0
ANADARKO PETE CORP	COM	032511107	10,885	128,426	SH		SOLE	0	128,426	0	0
APACHE CORP	COM	037411105	4,792	57,775	SH		SOLE	0	57,775	0	0
APPLE INC	COM	037833100	3,327	6,198	SH		SOLE	0	6,198	0	0
ARC LOGISTICS PARTNERS LP	COM UT REP LPN	03879N101	9,540	450,000	SH		SOLE	0	450,000	0	0
AT&T INC	COM	00206R102	4,326	123,361	SH		SOLE	0	123,361	0	0
ATLAS ENERGY LP	COM UNITS LP	04930A104	11,873	275,855	SH		SOLE	0	275,855	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	2,241	29,008	SH		SOLE	0	29,008	0	0
BANCO BILBAO VIZCAYA ARGENTA	SPONSORED ADR	05946K101	941	78,314	SH		SOLE	0	78,314	0	0
BANK NEW YORK MELLON CORP	COM	064058100	974	27,595	SH		SOLE	0	27,595	0	0
BANK OF AMERICA CORPORATION	COM	060505104	975	56,699	SH		SOLE	0	56,699	0	0
BARCLAYS BK PLC	ADR 2 PREF 2	06739F390	303	12,000	SH		SOLE	0	12,000	0	0
BARCLAYS BK PLC	IPSPGS TTL ETN	06738C794	1,868	55,785	SH		SOLE	0	55,785	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	562	3	SH		SOLE	0	3	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	861	6,891	SH		SOLE	0	6,891	0	0
BREITBURN ENERGY PARTNERS LP	COM UT LTD PTN	106776107	1,551	77,642	SH		SOLE	0	77,642	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	744	14,325	SH		SOLE	0	14,325	0	0
BUCKEYE PARTNERS L P	UNIT LTD PARTN	118230101	12,045	160,487	SH		SOLE	0	160,487	0	0
CABOT OIL & GAS CORP	COM	127097103	576	16,997	SH		SOLE	0	16,997	0	0
CAPITAL ONE FINL CORP	COM	14040H105	1,019	13,211	SH		SOLE	0	13,211	0	0
CAPITAL PRODUCT PARTNERS L P	COM UNIT LP	Y11082107	39,152	3,575,558	SH		SOLE	0	3,575,558	0	0
CARRIAGE SVCS INC	COM	143905107	182	10,000	SH		SOLE	0	10,000	0	0
CEMEX SAB DE CV	SPON ADR NEW	151290889	253	20,000	SH		SOLE	0	20,000	0	0
CHEVRON CORP NEW	COM	166764100	1,768	14,871	SH		SOLE	0	14,871	0	0
CHINA MOBILE LIMITED	SPONSORED ADR	16941M109	1,075	23,589	SH		SOLE	0	23,589	0	0
COBALT INTL ENERGY INC	COM	19075F106	458	25,000	SH		SOLE	0	25,000	0	0
COCA COLA CO	COM	191216100	2,416	62,501	SH		SOLE	0	62,501	0	0
COLGATE PALMOLIVE CO	COM	194162103	2,822	43,497	SH		SOLE	0	43,497	0	0
COMERICA INC	COM	200340107	218	4,211	SH		SOLE	0	4,211	0	0
COMMERCE BANCSHARES INC	COM	200525103	1,149	24,763	SH		SOLE	0	24,763	0	0
CONOCOPHILLIPS	COM	20825C104	3,192	45,366	SH		SOLE	0	45,366	0	0
CONSOL ENERGY INC	COM	20854P109	866	21,678	SH		SOLE	0	21,678	0	0
CREDIT SUISSE NASSAU BRH	EQL WGT MLP LKD	22542D852	1,045	32,748	SH		SOLE	0	32,748	0	0
CRESTWOOD EQUITY PARTNERS LP	UNIT LTD PARTNER	226344109	310	22,392	SH		SOLE	0	22,392	0	0
CRESTWOOD MIDSTREAM PARTNERS	UNIT LTD PARTNER	226378107	11,105	492,664	SH		SOLE	0	492,664	0	0
CSX CORP	COM	126408103	963	33,258	SH		SOLE	0	33,258	0	0
CURTISS WRIGHT CORP	COM	231561101	256	4,036	SH		SOLE	0	4,036	0	0
CVS CAREMARK CORPORATION	COM	126650100	1,591	21,250	SH		SOLE	0	21,250	0	0
DCP MIDSTREAM PARTNERS LP	COM UT LTD PTN	23311P100	14,621	291,829	SH		SOLE	0	291,829	0	0
DEMAND MEDIA INC	COM	24802N109	50	10,246	SH		SOLE	0	10,246	0	0
DENISON MINES CORP	COM	248356107	44	30,000	SH		SOLE	0	30,000	0	0
DEUTSCHE BK AG LONDON BRH	DB 3X LONG UST	25154N522	225	6,248	SH		SOLE	0	6,248	0	0
DEUTSCHE BK AG LONDON BRH	PWRSHR 3X GERM	25154W407	324	8,879	SH		SOLE	0	8,879	0	0
DISNEY WALT CO	COM DISNEY	254687106	250	3,127	SH		SOLE	0	3,127	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	791	11,790	SH		SOLE	0	11,790	0	0
DYNAGAS LNG PARTNERS LP	COM UNIT LTD PT	Y2188B108	8,300	383,000	SH		SOLE	0	383,000	0	0
EAGLE ROCK ENERGY PARTNERS L	UNIT	26985R104	53	10,000	SH		SOLE	0	10,000	0	0
EL PASO PIPELINE PARTNERS L	COM UNIT LPI	283702108	15,503	510,148	SH		SOLE	0	510,148	0	0
ENBRIDGE ENERGY MANAGEMENT L	SHS UNITS LLI	29250X103	72,746	2,625,255	SH		SOLE	0	2,625,255	0	0
ENBRIDGE ENERGY PARTNERS L P	COM	29250R106	211	7,708	SH		SOLE	0	7,708	0	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	139,095	2,975,288	SH		SOLE	0	2,975,288	0	0
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273R109	1,244	23,125	SH		SOLE	0	23,125	0	0
ENLINK MIDSTREAM LLC	COM UNIT REP LTD	29336T100	87,542	2,579,314	SH		SOLE	0	2,579,314	0	0
ENLINK MIDSTREAM PARTNERS LP	COM UNIT REP LTD	29336U107	19,346	635,977	SH		SOLE	0	635,977	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	239,917	3,459,016	SH		SOLE	0	3,459,016	0	0
EQT MIDSTREAM PARTNERS LP	UNIT LTD PARTN	26885B100	71,508	1,016,745	SH		SOLE	0	1,016,745	0	0
EV ENERGY PARTNERS LP	COM UNITS	26926V107	1,534	45,810	SH		SOLE	0	45,810	0	0
EXTERRAN PARTNERS LP	COM UNITS	30225N105	3,049	106,999	SH		SOLE	0	106,999	0	0
EXXON MOBIL CORP	COM	30231G102	45,045	461,150	SH		SOLE	0	461,150	0	0
FEDEX CORP	COM	31428X106	270	2,035	SH		SOLE	0	2,035	0	0
FISERV INC	COM	337738108	1,068	18,835	SH		SOLE	0	18,835	0	0
FLUOR CORP NEW	COM	343412102	2,031	26,127	SH		SOLE	0	26,127	0	0
FREEPORT-MCMORAN COPPER & GO	COM	35671D857	226	6,829	SH		SOLE	0	6,829	0	0
GENERAL ELECTRIC CO	COM	369604103	634	24,490	SH		SOLE	0	24,490	0	0
GENERAL MLS INC	COM	370334104	4,314	83,252	SH		SOLE	0	83,252	0	0
GENESIS ENERGY L P	UNIT LTD PARTN	371927104	26,906	496,419	SH		SOLE	0	496,419	0	0
GENWORTH FINL INC	COM CL A	37247D106	1,237	69,790	SH		SOLE	0	69,790	0	0
GOLAR LNG PARTNERS LP	COM UNIT LPI	Y2745C102	59,008	1,973,509	SH		SOLE	0	1,973,509	0	0
GREENHAVEN CONT CMDTY INDEX	UNIT BEN INT	395258106	2,050	72,741	SH		SOLE	0	72,741	0	0
HALCON RES CORP	COM NEW	40537Q209	87	20,001	SH		SOLE	0	20,001	0	0
HALLIBURTON CO	COM	406216101	1,588	26,974	SH		SOLE	0	26,974	0	0
HOME DEPOT INC	COM	437076102	272	3,437	SH		SOLE	0	3,437	0	0
ICICI BK LTD	ADR	45104G104	531	12,128	SH		SOLE	0	12,128	0	0
INTEL CORP	COM	458140100	2,950	114,274	SH		SOLE	0	114,274	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	4,186	21,747	SH		SOLE	0	21,747	0	0
INTEROIL CORP	COM	460951106	638	9,852	SH		SOLE	0	9,852	0	0
IRELAND BK	SPNSRD ADR NEW	46267Q202	436	22,500	SH		SOLE	0	22,500	0	0
ISHARES	20+ YR TR BD ETF	464287432	1,302	11,933	SH		SOLE	0	11,933	0	0
ISHARES	MSCI JAPAN ETF	464286848	119	10,515	SH		SOLE	0	10,515	0	0
ISHARES	SELECT DIVID ETF	464287168	1,114	15,194	SH		SOLE	0	15,194	0	0
ISHARES	CORE TOTUSBD ETF	464287226	1,525	14,128	SH		SOLE	0	14,128	0	0
ISHARES	MSCI EMG MKT ETF	464287234	2,192	53,461	SH		SOLE	0	53,461	0	0
ISHARES	IBOXX INV CP ETF	464287242	3,627	31,020	SH		SOLE	0	31,020	0	0
ISHARES	MSCI EAFE ETF	464287465	4,603	68,498	SH		SOLE	0	68,498	0	0
ISHARES	CORE S&P MCP ETF	464287507	342	2,488	SH		SOLE	0	2,488	0	0
ISHARES	RUSSELL 2000 ETF	464287655	1,824	15,676	SH		SOLE	0	15,676	0	0
ISHARES	RUSSELL 3000 ETF	464287689	379	3,379	SH		SOLE	0	3,379	0	0
ISHARES	MSCI ACWI ETF	464288257	2,146	36,905	SH		SOLE	0	36,905	0	0
ISHARES	JP MOR EM MK ETF	464288281	594	5,330	SH		SOLE	0	5,330	0	0
ISHARES	NAT AMT FREE BD	464288414	9,222	86,138	SH		SOLE	0	86,138	0	0
ISHARES	IBOXX HI YD ETF	464288513	3,139	33,254	SH		SOLE	0	33,254	0	0
JOHNSON & JOHNSON	COM	478160104	3,250	33,086	SH		SOLE	0	33,086	0	0
JOHNSON CTLS INC	COM	478366107	692	14,627	SH		SOLE	0	14,627	0	0
JPMORGAN CHASE & CO	ALERIAN ML ETN	46625H365	1,659	35,648	SH		SOLE	0	35,648	0	0
JPMORGAN CHASE & CO	COM	46625H100	1,446	23,817	SH		SOLE	0	23,817	0	0
JUNIPER NETWORKS INC	COM	48203R104	576	22,362	SH		SOLE	0	22,362	0	0
KEMPER CORP DEL	COM	488401100	422	10,774	SH		SOLE	0	10,774	0	0
KINDER MORGAN ENERGY PARTNER	UT LTD PARTNER	494550106	40,155	542,999	SH		SOLE	0	542,999	0	0
KINDER MORGAN INC DEL	W EXP 05/25/201	49456B119	3,122	1,774,085	SH		SOLE	0	1,774,085	0	0
KINDER MORGAN INC DEL	COM	49456B101	120,182	3,699,061	SH		SOLE	0	3,699,061	0	0
KINDER MORGAN MANAGEMENT LLC	SHS	49455U100	148,835	2,076,675	SH		SOLE	0	2,076,675	0	0
LAREDO PETE HLDGS INC	COM	516806106	442	17,105	SH		SOLE	0	17,105	0	0
LAUDER ESTEE COS INC	CL A	518439104	237	3,550	SH		SOLE	0	3,550	0	0
LEGACY RESERVES LP	UNIT LP INT	524707304	2,362	95,080	SH		SOLE	0	95,080	0	0
LILLY ELI & CO	COM	532457108	2,992	50,831	SH		SOLE	0	50,831	0	0
LINN ENERGY LLC	UNIT LTD LIAB	536020100	16,416	579,649	SH		SOLE	0	579,649	0	0
LINNCO LLC	COM SHS LTD INT	535782106	58,338	2,156,655	SH		SOLE	0	2,156,655	0	0
LOCKHEED MARTIN CORP	COM	539830109	2,363	14,474	SH		SOLE	0	14,474	0	0
MACQUARIE INFRASTR CO LLC	MEMBERSHIP INT	55608B105	30,422	531,205	SH		SOLE	0	531,205	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	120,093	1,722,006	SH		SOLE	0	1,722,006	0	0
MANULIFE FINL CORP	COM	56501R106	357	18,462	SH		SOLE	0	18,462	0	0
MARKET VECTORS ETF TR	JR GOLD MINERS E	57061R544	725	20,025	SH		SOLE	0	20,025	0	0
MARKWEST ENERGY PARTNERS L P	UNIT LTD PARTN	570759100	115,930	1,774,805	SH		SOLE	0	1,774,805	0	0
MASTERCARD INC	CL A	57636Q104	2,141	28,666	SH		SOLE	0	28,666	0	0
MATTRESS FIRM HLDG CORP	COM	57722W106	5,558	116,199	SH		SOLE	0	116,199	0	0
MCDONALDS CORP	COM	580135101	4,209	42,939	SH		SOLE	0	42,939	0	0
MEMORIAL PRODTN PARTNERS LP	COM U REP LTD	586048100	21,089	936,028	SH		SOLE	0	936,028	0	0
MERCK & CO INC NEW	COM	58933Y105	281	4,953	SH		SOLE	0	4,953	0	0
METLIFE INC	COM	59156R108	841	15,933	SH		SOLE	0	15,933	0	0
MICROSOFT CORP	COM	594918104	2,829	69,026	SH		SOLE	0	69,026	0	0
MPLX LP	COM UNIT REP LTD	55336V100	47,423	968,016	SH		SOLE	0	968,016	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	486	6,238	SH		SOLE	0	6,238	0	0
NAVIOS MARITIME PARTNERS L P	UNIT LPI	Y62267102	24,601	1,262,228	SH		SOLE	0	1,262,228	0	0
NGL ENERGY PARTNERS LP	COM UNIT REPST	62913M107	98,140	2,647,925	SH		SOLE	0	2,647,925	0	0
NOVARTIS A G	SPONSORED ADR	66987V109	1,491	17,538	SH		SOLE	0	17,538	0	0
NOVO-NORDISK A S	ADR	670100205	209	4,575	SH		SOLE	0	4,575	0	0
NRG YIELD INC COM	COM CL A	62942X108	48,686	1,231,617	SH		SOLE	0	1,231,617	0	0
OILTANKING PARTNERS L P	UNIT LTD	678049107	62,645	812,417	SH		SOLE	0	812,417	0	0
ONEOK INC NEW	COM	682680103	118,061	1,992,594	SH		SOLE	0	1,992,594	0	0
ONEOK PARTNERS LP	UNIT LTD PARTN	68268N103	521	9,720	SH		SOLE	0	9,720	0	0
ORACLE CORP	COM	68389X105	376	9,200	SH		SOLE	0	9,200	0	0
PARKER DRILLING CO	COM	701081101	10,771	1,519,174	SH		SOLE	0	1,519,174	0	0
PATTERN ENERGY GROUP INC	CL A	70338P100	6,326	233,187	SH		SOLE	0	233,187	0	0
PATTERSON UTI ENERGY INC	COM	703481101	554	17,500	SH		SOLE	0	17,500	0	0
PENN VA CORP	COM	707882106	571	32,621	SH		SOLE	0	32,621	0	0
PEPSICO INC	COM	713448108	5,994	71,789	SH		SOLE	0	71,789	0	0
PFIZER INC	COM	717081103	1,952	60,769	SH		SOLE	0	60,769	0	0
PHILIP MORRIS INTL INC	COM	718172109	3,432	41,922	SH		SOLE	0	41,922	0	0
PHILLIPS 66	COM	718546104	836	10,852	SH		SOLE	0	10,852	0	0
PIMCO ETF TR	ENHAN SHRT MAT	72201R833	5,984	59,027	SH		SOLE	0	59,027	0	0
PIMCO ETF TR	TOTL RETN ETF	72201R775	1,470	13,786	SH		SOLE	0	13,786	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	127,886	2,320,133	SH		SOLE	0	2,320,133	0	0
PLAINS GP HLDGS L P	SHS A REP LTPN	72651A108	127,609	4,560,731	SH		SOLE	0	4,560,731	0	0
POSCO	SPONSORED ADR	693483109	615	8,855	SH		SOLE	0	8,855	0	0
POWERSHARES ETF TRUST	FTSE RAFI 1000	73935X583	2,728	32,226	SH		SOLE	0	32,226	0	0
PROCTER & GAMBLE CO	COM	742718109	2,812	34,891	SH		SOLE	0	34,891	0	0
PROSPERITY BANCSHARES INC	COM	743606105	1,488	22,489	SH		SOLE	0	22,489	0	0
REGENCY ENERGY PARTNERS L P	COM UNITS L P	75885Y107	836	30,730	SH		SOLE	0	30,730	0	0
ROCKWELL AUTOMATION INC	COM	773903109	897	7,204	SH		SOLE	0	7,204	0	0
ROSE ROCK MIDSTREAM L P	COM U REP LTD	777149105	68,643	1,654,438	SH		SOLE	0	1,654,438	0	0
ROSS STORES INC	COM	778296103	1,014	14,167	SH		SOLE	0	14,167	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	2,508	34,330	SH		SOLE	0	34,330	0	0
SALIENT MIDSTREAM & MLP FD	SH BEN INT	79471V105	899	37,029	SH		SOLE	0	37,029	0	0
SANOFI	SPONSORED ADR	80105N105	292	5,594	SH		SOLE	0	5,594	0	0
SCHLUMBERGER LTD	COM	806857108	845	8,664	SH		SOLE	0	8,664	0	0
SEADRILL PARTNERS LLC	COMUNIT REP LB	Y7545W109	18,109	603,632	SH		SOLE	0	603,632	0	0
SEMGROUP CORP	CL A	81663A105	31,336	477,097	SH		SOLE	0	477,097	0	0
SOUTHERN CO	COM	842587107	308	7,000	SH		SOLE	0	7,000	0	0
SOUTHWEST AIRLS CO	COM	844741108	239	10,125	SH		SOLE	0	10,125	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	1,054	8,523	SH		SOLE	0	8,523	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	4,567	24,419	SH		SOLE	0	24,419	0	0
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	1,831	44,321	SH		SOLE	0	44,321	0	0
SPECTRA ENERGY CORP	COM	847560109	39,197	1,061,087	SH		SOLE	0	1,061,087	0	0
SPECTRA ENERGY PARTNERS LP	COM	84756N109	6,492	132,631	SH		SOLE	0	132,631	0	0
SPROTT PHYSICAL GOLD TRUST	UNIT	85207H104	518	48,535	SH		SOLE	0	48,535	0	0
SUMITOMO MITSUI FINL GROUP I	SPONSORED ADR	86562M209	94	10,857	SH		SOLE	0	10,857	0	0
SUMMIT MIDSTREAM PARTNERS LP	COM UNIT LTD	866142102	110,566	2,580,186	SH		SOLE	0	2,580,186	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	40,338	443,864	SH		SOLE	0	443,864	0	0
SYNGENTA AG	SPONSORED ADR	87160A100	971	12,813	SH		SOLE	0	12,813	0	0
TALLGRASS ENERGY PARTNERS LP	COM UNIT	874697105	59,232	1,626,815	SH		SOLE	0	1,626,815	0	0
TARGA RES CORP	COM	87612G101	222,144	2,238,004	SH		SOLE	0	2,238,004	0	0
TARGA RESOURCES PARTNERS LP	COM UNIT	87611X105	83,183	1,478,541	SH		SOLE	0	1,478,541	0	0
TARGET CORP	COM	87612E106	2,411	39,849	SH		SOLE	0	39,849	0	0
TC PIPELINES LP	UT COM LTD PRT	87233Q108	550	11,480	SH		SOLE	0	11,480	0	0
TEEKAY LNG PARTNERS L P	PRTNRSP UNITS	Y8564M105	205	4,963	SH		SOLE	0	4,963	0	0
TEEKAY OFFSHORE PARTNERS L P	PARTNERSHIP UN	Y8565J101	24,338	743,816	SH		SOLE	0	743,816	0	0
TELEDYNE TECHNOLOGIES INC	COM	879360105	208	2,136	SH		SOLE	0	2,136	0	0
TEMPLETON GLOBAL INE FD	COM	880198106	184	22,900	SH		SOLE	0	22,900	0	0
TENARIS S A	SPONSORED ADR	88031M109	753	17,023	SH		SOLE	0	17,023	0	0
TERADATA CORP DEL	COM	88076W103	559	11,358	SH		SOLE	0	11,358	0	0
TESORO LOGISTICS LP	COM UNIT LP	88160T107	25,250	419,361	SH		SOLE	0	419,361	0	0
TEXAS CAPITAL BANCSHARES INC	COM	88224Q107	656	10,100	SH		SOLE	0	10,100	0	0
TJX COS INC NEW	COM	872540109	1,939	31,973	SH		SOLE	0	31,973	0	0
TOTAL S A	SPONSORED ADR	89151E109	1,273	19,410	SH		SOLE	0	19,410	0	0
TRISTATE CAP HLDGS INC	COM	89678F100	142	10,000	SH		SOLE	0	10,000	0	0
UBS AG JERSEY BRANCH	2XMN ALR MLP INF	902664200	316	5,599	SH		SOLE	0	5,599	0	0
UBS AG JERSEY BRH	ALERIAN INFRST	902641646	1,184	29,725	SH		SOLE	0	29,725	0	0
UBS AG	SHS NEW	H89231338	833	40,184	SH		SOLE	0	40,184	0	0
UGI CORP NEW	COM	902681105	276	6,052	SH		SOLE	0	6,052	0	0
UNILEVER N V	N Y SHS NEW	904784709	223	5,420	SH		SOLE	0	5,420	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	1,416	14,542	SH		SOLE	0	14,542	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	1,138	9,741	SH		SOLE	0	9,741	0	0
URANIUM ENERGY CORP	COM	916896103	20	15,000	SH		SOLE	0	15,000	0	0
VANGUARD BD INDEX FD INC	INTERMED TERM	921937819	1,061	12,735	SH		SOLE	0	12,735	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	617	10,335	SH		SOLE	0	10,335	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	3,699	91,145	SH		SOLE	0	91,145	0	0
VANGUARD NAT RES LLC	COM UNIT	92205F106	1,594	53,558	SH		SOLE	0	53,558	0	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	608	7,600	SH		SOLE	0	7,600	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	591	6,955	SH		SOLE	0	6,955	0	0
VEOLIA ENVIRONNEMENT	SPONSORED ADR	92334N103	807	40,603	SH		SOLE	0	40,603	0	0
VERIZON MUNICATIONS INC	COM	92343V104	1,734	36,459	SH		SOLE	0	36,459	0	0
WAL-MART STORES INC	COM	931142103	559	7,308	SH		SOLE	0	7,308	0	0
WELLS FARGO & CO NEW	COM	949746101	257	5,158	SH		SOLE	0	5,158	0	0
WESTERN GAS EQUITY PARTNERS	COM UNT LTD PT	95825R103	131,982	2,687,484	SH		SOLE	0	2,687,484	0	0
WESTERN GAS PARTNERS LP	COM UNIT LP IN	958254104	10,321	155,928	SH		SOLE	0	155,928	0	0
WESTERN REFNG LOGISTICS LP	COM UNIT REP LTP	95931Q205	6,414	205,909	SH		SOLE	0	205,909	0	0
WILLIAMS COS INC DEL	COM	969457100	126,470	3,116,555	SH		SOLE	0	3,116,555	0	0
WILLIAMS PARTNERS L P	COM UNIT L P	96950F104	45,354	890,350	SH		SOLE	0	890,350	0	0
WISDOMTREE TR	JAPN HEDGE EQT	97717W851	1,179	24,904	SH		SOLE	0	24,904	0	0
WISDOMTREE TR	EM LCL DEBT FD	97717X867	721	15,717	SH		SOLE	0	15,717	0	0
YUM BRANDS INC	COM	988498101	873	11,582	SH		SOLE	0	11,582	0	0
ZAZA ENERGY CORP	COM	98919T100	75	100,000	SH		SOLE	0	100,000	0	0
ZIONS BANCORPORATION	COM	989701107	506	16,338	SH		SOLE	0	16,338	0	0