CapWealth 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
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
1/10 FEDL NATL 5.375 SERIES 20	PFD	189642317	416	2,080	SH		SOLE		2,080	0	0
FEDERAL HOME 4.817 PFD PFD	PFD	313400780	91	25,600	SH		SOLE		25,600	0	0
FEDERAL HOME LN MTG CORP 6.02	PFD	313400657	6,336	2,554,653	SH		SOLE		2,544,453	0	10,200
FEDERAL HOME LN MTG CORP PFD 8	PFD	313400624	3,067	1,068,590	SH		SOLE		1,052,890	0	15,700
FEDERAL NATL MTG ASSN NON CUM	PFD	313586786	13,290	5,854,801	SH		SOLE		5,799,016	0	55,785
FEDERAL NATL MTG ASSN PFD 8.25	PFD	313586752	5,320	1,705,214	SH		SOLE		1,688,223	0	16,991
FEDERAL NATL MTG ASSN PFD SER	PFD	313586737	10,339	3,976,529	SH		SOLE		3,949,095	0	27,434
FEDERAL NTNL MOR 7 PFD PFD SER	PFD	313586794	1,649	333,735	SH		SOLE		333,735	0	0
FHLMC 6.75 PFD PFD SER Q	PFD	313586778	24	10,000	SH		SOLE		5,000	0	5,000
FREDDIE MAC 0 PFD PFD	PFD	313400715	696	164,152	SH		SOLE		161,652	0	2,500
1/100 BERKSHIRE HTWY CLA 100 S	COM	084990175	901	200	SH		SOLE		200	0	0
100000TH PUBLIX SUPER MA FLORI	COM	hee663101	0	55,340	SH		SOLE		55,340	0	0
3M CO COM	COM	88579Y101	812	4,570	SH		SOLE		4,270	0	300
ABBOTT LABORATORIES	COM	002824100	348	2,471	SH		SOLE		2,471	0	0
ABBVIE INC	COM	00287y109	361	2,667	SH		SOLE		2,667	0	0
AMAZON COM INC COM	COM	023135106	17,041	5,111	SH		SOLE		4,903	0	208
AMERICAN EXPRESS CO	COM	025816109	453	2,771	SH		SOLE		2,771	0	0
AMGEN INC COM	COM	031162100	6,201	27,561	SH		SOLE		26,746	0	815
APPLE INC COM	COM	037833100	40,460	227,856	SH		SOLE		221,219	0	6,637
AT&T INC COM	COM	00206R102	16,382	665,953	SH		SOLE		658,525	0	7,428
BERKSHIRE HATHAWAY CLASS B	COM	084670702	27,176	90,888	SH		SOLE		89,536	0	1,352
BK OF AMERICA CORP COM	COM	060505104	42,216	948,877	SH		SOLE		934,135	0	14,742
BLACKSTONE INC COM	COM	09260D107	8,841	68,327	SH		SOLE		67,217	0	1,110
BRISTOL-MYERS SQUIBB	COM	110122108	796	12,763	SH		SOLE		12,763	0	0
CAMPBELL SOUP CO COM	COM	134429109	9,563	220,047	SH		SOLE		213,110	0	6,937
CAPITAL ONE FINL CORP COM	COM	14040H105	10,092	69,558	SH		SOLE		68,858	0	700
CARRIER GLOBAL CORPORATION COM	COM	14448C104	5,222	96,278	SH		SOLE		94,612	0	1,666
CATERPILLAR INC	COM	149123101	243	1,176	SH		SOLE		1,176	0	0
CHARTER COMMUNICATN CLASS A	COM	16119p108	840	1,289	SH		SOLE		1,269	0	20
CHEVRON CORP NEW COM	COM	166764100	19,637	167,333	SH		SOLE		161,947	0	5,386
CISCO SYS INC COM	COM	17275R102	31,041	489,844	SH		SOLE		482,852	0	6,992
CITIGROUP INC COM NEW	COM	172967424	2,746	45,467	SH		SOLE		45,367	0	100
CLOROX COMPANY	COM	189054109	384	2,203	SH		SOLE		2,203	0	0
COCA COLA CO COM	COM	191216100	10,335	174,550	SH		SOLE		173,070	0	1,480
CORNING INC COM	COM	219350105	23,761	638,209	SH		SOLE		627,719	0	10,490
COSTCO WHSL CORP NEW COM	COM	22160K105	8,513	14,995	SH		SOLE		14,821	0	174
CROWN CASTLE INTL CORP NEW COM	COM	22822V101	11,467	54,934	SH		SOLE		53,167	0	1,767
CUMMINS INC	COM	231021106	328	1,504	SH		SOLE		1,504	0	0
CVS HEALTH CORP COM	COM	126650100	30,610	296,724	SH		SOLE		292,955	0	3,769
D R HORTON CO	COM	23331a109	10,553	97,309	SH		SOLE		96,064	0	1,245
DELEK US HOLDINGS INC NE	COM	24665a103	548	36,573	SH		SOLE		36,573	0	0
DISNEY WALT CO COM DISNEY	COM	254687106	13,465	86,935	SH		SOLE		86,154	0	781
DOW INC COM	COM	260557103	20,241	356,866	SH		SOLE		350,296	0	6,570
DUKE ENERGY CORP NEW	COM	26441C204	273	2,605	SH		SOLE		2,087	0	518
DUKE REALTY CORP REIT	COM	264411505	234	3,570	SH		SOLE		3,570	0	0
ENCOMPASS HEALTH CORP	COM	29261a100	337	5,160	SH		SOLE		5,160	0	0
EQUINIX INC COM	COM	29444U700	24,569	29,047	SH		SOLE		28,743	0	304
EXXON MOBIL CORP COM	COM	30231G102	1,634	26,700	SH		SOLE		26,700	0	0
F B FINL CORP00500	COM	30257x104	698	15,928	SH		SOLE		15,928	0	0
FACEBOOK INC CLASS A	COM	30303m102	205	609	SH		SOLE		609	0	0
FEDERAL HOME LN MTG CORP	COM	313400301	221	265,944	SH		SOLE		255,944	0	10,000
FIFTH THIRD BANCORP COM	COM	316773100	2,730	62,691	SH		SOLE		62,391	0	300
FIRST HORIZON NATL	COM	320517105	226	13,827	SH		SOLE		13,827	0	0
GENERAC HLDGS INC COM	COM	368736104	6,297	17,893	SH		SOLE		17,818	0	75
GENERAL ELECTRIC CO	COM	369604301	22,846	241,837	SH		SOLE		238,434	0	3,402
GENERAL MOTORS CO	COM	37045v100	1,452	24,758	SH		SOLE		24,443	0	315
GILEAD SCIENCES INC COM	COM	375558103	20,008	275,550	SH		SOLE		270,725	0	4,825
HCA HEALTHCARE INC	COM	40412c101	1,505	5,859	SH		SOLE		5,859	0	0
HERSHEY CO COM	COM	427866108	11,163	57,698	SH		SOLE		57,278	0	420
HEXCEL CORP NEW COM	COM	428291108	5,773	111,457	SH		SOLE		110,292	0	1,165
HOME DEPOT INC COM	COM	437076102	19,800	47,710	SH		SOLE		47,114	0	596
HONEYWELL INTL INC COM	COM	438516106	13,224	63,421	SH		SOLE		62,446	0	975
HOSTESS BRANDS INC CL A	COM	44109J106	3,631	177,835	SH		SOLE		176,540	0	1,295
ICHOR HOLDINGS F	COM	g4740b105	805	17,490	SH		SOLE		17,075	0	415
INTEL CORP COM	COM	458140100	13,684	265,704	SH		SOLE		257,527	0	8,177
INTERNATIONAL BUSINESS MACHS C	COM	459200101	20,249	151,495	SH		SOLE		147,596	0	3,899
JOHNSON & JOHNSON COM	COM	478160104	26,656	155,816	SH		SOLE		152,475	0	3,341
JPMORGAN CHASE & CO COM	COM	46625H100	1,398	8,827	SH		SOLE		8,827	0	0
KYNDRYL HLDGS INC	COM	50155q100	546	30,187	SH		SOLE		29,413	0	774
LOWES COS INC	COM	548661107	517	2,000	SH		SOLE		2,000	0	0
LUMEN TECHNOLOGIES INC COM	COM	550241103	22,660	1,805,586	SH		SOLE		1,775,304	0	30,282
MADISON SQUARE GARDEN CO CLASS	COM	55825t103	278	1,600	SH		SOLE		1,600	0	0
MARATHON PETE CORP COM	COM	56585A102	4,611	72,065	SH		SOLE		70,784	0	1,281
MCDONALDS CORP	COM	580135101	827	3,084	SH		SOLE		3,084	0	0
MERCK & CO INC COM	COM	58933Y105	19,264	251,354	SH		SOLE		248,314	0	3,040
MICROSOFT CORP COM	COM	594918104	39,731	118,135	SH		SOLE		115,818	0	2,317
NATIONAL HEALTH INVS INC COM	COM	63633D104	8,680	151,042	SH		SOLE		147,392	0	3,650
OAK STR HEALTH INC	COM	67181a107	9,951	300,272	SH		SOLE		300,272	0	0
ORGANON & CO	COM	68622v106	2,862	93,985	SH		SOLE		92,237	0	1,748
PALANTIR TECHNOLOGIES IN CLASS	COM	69608A108	7,522	413,055	SH		SOLE		405,598	0	7,457
PEPSICO INC COM	COM	713448108	16,072	92,524	SH		SOLE		91,309	0	1,215
PFIZER INCORPORATED	COM	717081103	15,599	264,160	SH		SOLE		257,741	0	6,419
PINNACLE FINL PARTNR	COM	72346q104	346	3,626	SH		SOLE		3,496	0	130
QUALCOMM INC	COM	747525103	229	1,250	SH		SOLE		1,250	0	0
RAYTHEON TECHNOLOGIES CORP COM	COM	75513E101	18,089	210,192	SH		SOLE		206,679	0	3,513
REGIONS FINANCIAL CORP N	COM	7591EP100	1,491	68,376	SH		SOLE		68,376	0	0
SCHEIN HENRY INC	COM	806407102	388	5,000	SH		SOLE		5,000	0	0
SCHWAB FUNDAMENTAL US LARGE CO	COM	808524771	267	4,553	SH		SOLE		4,553	0	0
SCHWAB US LARGE CAP ETF	COM	808524201	200	1,757	SH		SOLE		1,757	0	0
SNAP ON INC COM	COM	833034101	9,227	42,841	SH		SOLE		42,354	0	487
SONY GROUP CORPORATION SPONSOR	COM	835699307	13,616	107,724	SH		SOLE		106,181	0	1,543
SOUTHERN CO	COM	842587107	1,456	21,232	SH		SOLE		16,092	0	5,140
STARBUCKS CORP COM	COM	855244109	18,598	158,996	SH		SOLE		156,757	0	2,239
STARWOOD PPTY TR INC COM	COM	85571B105	27,829	1,145,239	SH		SOLE		1,132,389	0	12,850
STRYKER CORPORATION COM	COM	863667101	12,020	44,946	SH		SOLE		44,376	0	570
THERALASE TECHNOLOGY F	COM	88337v100	29	103,000	SH		SOLE		103,000	0	0
TILRAY BRANDS INC CLASS 2	COM	88688t100	397	56,450	SH		SOLE		56,450	0	0
TRACTOR SUPPLY CO COM	COM	892356106	12,636	52,959	SH		SOLE		51,443	0	1,516
UBER TECHNOLOGIES INC	COM	90353T100	963	22,973	SH		SOLE		21,986	0	987
ULTRA CLEAN HLDGS INC COM	COM	90385V107	8,572	149,438	SH		SOLE		146,942	0	2,496
UNITED PARCEL SERVICE INC CL B	COM	911312106	12,852	59,959	SH		SOLE		58,783	0	1,176
UNITEDHEALTH GRP INC	COM	91324p102	312	622	SH		SOLE		622	0	0
VAIL RESORTS INC	COM	91879q109	449	1,370	SH		SOLE		1,370	0	0
VERISIGN INC	COM	92343e102	1,419	5,589	SH		SOLE		5,409	0	180
VERIZON COMMUNICATIONS INC COM	COM	92343V104	13,782	265,236	SH		SOLE		254,281	0	10,955
VISA INC CLASS A	COM	92826c839	214	986	SH		SOLE		986	0	0
WALGREENS BOOTS ALLI	COM	931427108	391	7,491	SH		SOLE		7,491	0	0
WALMART INC COM	COM	931142103	15,499	107,120	SH		SOLE		102,336	0	4,784
WESTROCK CO COM	COM	96145D105	15,551	350,564	SH		SOLE		347,424	0	3,140
WILLIAMS COS INC COM	COM	969457100	21,027	807,486	SH		SOLE		785,612	0	21,874
WILLIAMS INDL SVCS GROUP	COM	96951a104	184	61,553	SH		SOLE		61,553	0	0
XECHEM INTL INC NEW XXX REGIST	COM	983895301	0	20,000	SH		SOLE		0	0	20,000
DAVIS SELECT US EQUITY ETF	ETF	23908l207	4,326	126,537	SH		SOLE		111,983	0	14,554
INVESCO S&P 500 EQUAL WEIGHT E	ETF	46137v357	1,280	7,866	SH		SOLE		6,683	0	1,183
ISHARES CORE S&P 500 ETF	ETF	464287200	2,880	6,038	SH		SOLE		6,038	0	0
ISHARES CORE S&P MID CAP ETF I	ETF	464287507	358	1,265	SH		SOLE		1,265	0	0
ISHARES PREFERRED INCOME SEC E	ETF	464288687	237	6,009	SH		SOLE		5,159	0	850
ISHARES TR SELECT DIVID ETF	ETF	464287168	603	4,918	SH		SOLE		4,918	0	0
SCHWAB US DIVIDEND EQUITY ETF	ETF	808524797	869	10,747	SH		SOLE		10,302	0	445
SPDR S&P 500 ETF	ETF	78462f103	1,187	2,498	SH		SOLE		2,244	0	254
VANGUARD DIVIDEND APPRECIATION	ETF	921908844	596	3,473	SH		SOLE		3,253	0	220
VANGUARD S&P 500 ETF IV	ETF	922908363	898	2,056	SH		SOLE		1,981	0	75