Tolleson Wealth 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
GLOBAL PMTS INC COM	Stock	37940X102	819	5,679	SH		DFND	1,2	0	0	5,679
INVESCO QQQ TRUST	ETF	46090E103	264	1,385	SH		DFND	1,2	0	0	1,385
STARBUCKS CORP COM	Stock	855244109	234	3,556	SH		DFND	1,2	0	0	3,556
GOLDMAN SACHS GROUP INC COM	Stock	38141G104	461	2,981	SH		DFND	1,2	0	0	2,981
ENTERPRISE PRODS PARTNERS L P COM	Stock	293792107	214	14,955	SH		DFND	1,2	0	0	14,955
ISHARES MSCI ACWI EX US INDEX FUND	ETF	464288240	1,553	41,256	SH		DFND	1,2	0	0	41,256
INTEL CORP COM	Stock	458140100	245	4,531	SH		DFND	1,2	0	0	4,531
SPDR MSCI USA STRATEGICFACTORS ETF	ETF	78468R812	70,788	926,815	SH		DFND	1,2	0	0	926,815
LAUDER ESTEE COS INC CL A	Stock	518439104	539	3,385	SH		DFND	1,2	0	0	3,385
SPDR S&P 500 ETF	ETF	78462F103	21,135	81,997	SH		DFND	1,2	0	0	81,997
MASTERCARD INC CL A	Stock	57636Q104	2,313	9,576	SH		DFND	1,2	0	0	9,576
ISHARES MSCI ALL COUNTRY ASIA EX JAPAN INDEX FUND	ETF	464288182	2,140	35,831	SH		DFND	1,2	0	0	35,831
ISHARES COHEN & STEERS REIT ETF	ETF	464287564	1,913	20,890	SH		DFND	1,2	0	0	20,890
JPMORGAN ALERIAN MLP INDEX ETN	ETF	46625H365	110	12,131	SH		DFND	1,2	0	0	12,131
BLACK STONE MINERALS L P COM UNIT	Stock	09225M101	96	20,479	SH		DFND	1,2	0	0	20,479
HOME DEPOT INC COM	Stock	437076102	1,753	9,390	SH		DFND	1,2	0	0	9,390
AUTOMATIC DATA PROCESSING INC COM	Stock	053015103	337	2,450	SH		DFND	1,2	0	0	2,450
ISHARES RUSSELL 1000 GROWTH ETF	ETF	464287614	4,780	31,730	SH		DFND	1,2	0	0	31,730
SCHWAB U.S. BROAD MARKET ETF	ETF	808524102	595	9,843	SH		DFND	1,2	0	0	9,843
ADOBE INC COM	Stock	00724F101	803	2,523	SH		DFND	1,2	0	0	2,523
INTUIT COM	Stock	461202103	249	1,081	SH		DFND	1,2	0	0	1,081
MICROSOFT CORP COM	Stock	594918104	940	5,958	SH		DFND	1,2	0	0	5,958
VANGUARD SMALL-CAP INDEX FUND	ETF	922908751	203	1,761	SH		DFND	1,2	0	0	1,761
VANGUARD FTSE EUROPE ETF	ETF	922042874	1,394	32,219	SH		DFND	1,2	0	0	32,219
VANGUARD TOTAL INTERNATIONAL STOCK ETF	ETF	921909768	864	20,586	SH		DFND	1,2	0	0	20,586
FIDELITY NATL INFORMATION SVCS COM	Stock	31620M106	298	2,452	SH		DFND	1,2	0	0	2,452
SYSCO CORP COM	Stock	871829107	401	8,793	SH		DFND	1,2	0	0	8,793
INVESCO S&P SMALLCAP MOMENTUM ETF	ETF	46137V498	959	32,742	SH		DFND	1,2	0	0	32,742
ISHARES RUSSELL MID-CAP GROWTH ETF	ETF	464287481	11,319	93,095	SH		DFND	1,2	0	0	93,095
VANGUARD FTSE PACIFIC ETF	ETF	922042866	14,945	270,940	SH		DFND	1,2	0	0	270,940
KRONOS WORLDWIDE INC COM	Stock	50105F105	174	20,595	SH		DFND	1,2	0	0	20,595
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP	Stock	559080106	222	6,072	SH		DFND	1,2	0	0	6,072
ISHARES EDGE MSCI MIN VOL GLOBAL ETF	ETF	464286525	2,438	30,341	SH		DFND	1,2	0	0	30,341
VISA INC COM CL A	Stock	92826C839	2,103	13,052	SH		DFND	1,2	0	0	13,052
ISHARES EDGE MSCI MIN VOL EAFE ETF	ETF	46429B689	11,013	177,485	SH		DFND	1,2	0	0	177,485
ISHARES EDGE MSCI MIN VOL USA ETF	ETF	46429B697	5,311	98,329	SH		DFND	1,2	0	0	98,329
ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF	ETF	464287150	7,643	133,594	SH		DFND	1,2	0	0	133,594
ISHARES CORE MSCI EAFE ETF	ETF	46432F842	225	4,519	SH		DFND	1,2	0	0	4,519
INVESCO S&P SMALLCAP VALUE WITH MOMENTUM ETF	ETF	46137V480	659	33,333	SH		DFND	1,2	0	0	33,333
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR	Stock	90290N109	175	30,837	SH		DFND	1,2	0	0	30,837
VANGUARD FTSE ALL-WORLD EX US INDEX FUND	ETF	922042775	4,447	108,406	SH		DFND	1,2	0	0	108,406
ISHARES RUSSELL MID-CAP ETF	ETF	464287499	3,262	75,558	SH		DFND	1,2	0	0	75,558
ISHARES MSCI EMERGING MARKETS ASIA INDEX FUND	ETF	464286426	15,405	270,504	SH		DFND	1,2	0	0	270,504
VANGUARD FINANCIALS INDEX FUND	ETF	92204A405	627	12,360	SH		DFND	1,2	0	0	12,360
ISHARES EDGE MSCI USA QUALITY FACTOR ETF	ETF	46432F339	1,270	15,669	SH		DFND	1,2	0	0	15,669
ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	ETF	464288513	2,615	33,928	SH		DFND	1,2	0	0	33,928
ISHARES S&P 500 VALUE ETF	ETF	464287408	2,087	21,685	SH		DFND	1,2	0	0	21,685
ISHARES S&P 500 GROWTH ETF	ETF	464287309	2,827	17,127	SH		DFND	1,2	0	0	17,127
ISHARES CORE S&P 500 ETF	ETF	464287200	1,203	4,656	SH		DFND	1,2	0	0	4,656
TEXAS PAC LD TR SUB CTF PROP I T	Stock	882610108	760	2,000	SH		DFND	1,2	0	0	2,000
CATERPILLAR INC DEL COM	Stock	149123101	258	2,224	SH		DFND	1,2	0	0	2,224
ISHARES CORE U.S. AGGREGATE BOND ETF	ETF	464287226	2,479	21,487	SH		DFND	1,2	0	0	21,487
FIBROGEN INC COM	Stock	31572Q808	3,207	92,294	SH		DFND	1,2	0	0	92,294
ISHARES RUSSELL 3000 ETF	ETF	464287689	3,437	23,169	SH		DFND	1,2	0	0	23,169
UNITEDHEALTH GROUP INC COM	Stock	91324P102	817	3,275	SH		DFND	1,2	0	0	3,275
COUSINS PPTYS INC COM NEW	REIT	222795502	1,054	36,022	SH		DFND	1,2	0	0	36,022
ISHARES MSCI EAFE ETF	ETF	464287465	5,611	104,957	SH		DFND	1,2	0	0	104,957
APPLE INC COM	Stock	037833100	547	2,152	SH		DFND	1,2	0	0	2,152
ISHARES RUSSELL 1000 ETF	ETF	464287622	239	1,690	SH		DFND	1,2	0	0	1,690
ISHARES RUSSELL 1000 VALUE ETF	ETF	464287598	3,192	32,184	SH		DFND	1,2	0	0	32,184