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
AMAZON COM INC COM	Stock	023135106	421	3,960	SH		DFND	1,2	0	0	3,960
TECHNOLOGY SELECT SECTOR SPDR FUND	ETF	81369Y803	299	2,356	SH		DFND	1,2	0	0	2,356
STARBUCKS CORP COM	Stock	855244109	245	3,201	SH		DFND	1,2	0	0	3,201
SPDR PORTFOLIO AGGREGATE BOND ETF	ETF	78464A649	658	24,968	SH		DFND	1,2	0	0	24,968
GOLDMAN SACHS GROUP INC COM	Stock	38141G104	797	2,683	SH		DFND	1,2	0	0	2,683
ISHARES MSCI ACWI EX US INDEX FUND	ETF	464288240	689	15,317	SH		DFND	1,2	0	0	15,317
REATA PHARMACEUTICALS INC CL A	Stock	75615P103	1,436	47,250	SH		DFND	1,2	0	0	47,250
SPDR MSCI USA STRATEGICFACTORS ETF	ETF	78468R812	114,501	1,059,904	SH		DFND	1,2	0	0	1,059,904
LAUDER ESTEE COS INC CL A	Stock	518439104	776	3,047	SH		DFND	1,2	0	0	3,047
SPDR S&P 500 ETF	ETF	78462F103	13,235	34,949	SH		DFND	1,2	0	0	34,949
MASTERCARD INCORPORATED CL A	Stock	57636Q104	2,383	7,553	SH		DFND	1,2	0	0	7,553
ISHARES MSCI ALL COUNTRY ASIA EX JAPAN INDEX FUND	ETF	464288182	3,274	47,310	SH		DFND	1,2	0	0	47,310
ISHARES COHEN & STEERS REIT ETF	ETF	464287564	976	16,057	SH		DFND	1,2	0	0	16,057
AUTOMATIC DATA PROCESSING INC COM	Stock	053015103	465	2,205	SH		DFND	1,2	0	0	2,205
NUVEEN ESG EMERGING MARKETS EQUITY ETF	ETF	67092P888	833	30,514	SH		DFND	1,2	0	0	30,514
SPDR GOLD SHARES	ETF	78463V107	1,032	6,127	SH		DFND	1,2	0	0	6,127
ISHARES RUSSELL 1000 GROWTH ETF	ETF	464287614	4,753	21,732	SH		DFND	1,2	0	0	21,732
SCHWAB U.S. BROAD MARKET ETF	ETF	808524102	1,568	35,481	SH		DFND	1,2	0	0	35,481
ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	ETF	46435U853	7,559	218,354	SH		DFND	1,2	0	0	218,354
ADOBE SYSTEMS INCORPORATED COM	Stock	00724F101	827	2,259	SH		DFND	1,2	0	0	2,259
INTUIT COM	Stock	461202103	373	969	SH		DFND	1,2	0	0	969
MICROSOFT CORP COM	Stock	594918104	1,340	5,218	SH		DFND	1,2	0	0	5,218
FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF	ETF	33740F888	17,473	713,187	SH		DFND	1,2	0	0	713,187
VANGUARD SMALL-CAP INDEX FUND	ETF	922908751	354	2,011	SH		DFND	1,2	0	0	2,011
VANGUARD MID-CAP INDEX FUND	ETF	922908629	229	1,164	SH		DFND	1,2	0	0	1,164
VANGUARD SHORT-TERM GOVERNMENT BOND ETF	ETF	92206C102	951	16,164	SH		DFND	1,2	0	0	16,164
VANGUARD FTSE EUROPE ETF	ETF	922042874	1,443	27,321	SH		DFND	1,2	0	0	27,321
VANGUARD S&P 500 ETF	ETF	922908363	943	2,707	SH		DFND	1,2	0	0	2,707
ISHARES GENOMICS IMMUNOLOGY AND HEALTHCARE ETF	ETF	46435U192	205	7,089	SH		DFND	1,2	0	0	7,089
VANGUARD TOTAL INTERNATIONAL STOCK ETF	ETF	921909768	1,453	28,161	SH		DFND	1,2	0	0	28,161
SYSCO CORP COM	Stock	871829107	674	7,908	SH		DFND	1,2	0	0	7,908
INVESCO S&P SMALLCAP MOMENTUM ETF	ETF	46137V498	1,293	29,468	SH		DFND	1,2	0	0	29,468
ISHARES RUSSELL MID-CAP GROWTH ETF	ETF	464287481	21,100	266,343	SH		DFND	1,2	0	0	266,343
VANGUARD FTSE PACIFIC ETF	ETF	922042866	21,972	346,125	SH		DFND	1,2	0	0	346,125
KRONOS WORLDWIDE INC COM	Stock	50105F105	465	25,245	SH		DFND	1,2	0	0	25,245
ISHARES MSCI EMERGING MARKETS MIN VOL FACTOR ETF	ETF	464286533	2,444	44,087	SH		DFND	1,2	0	0	44,087
VISA INC COM CL A	Stock	92826C839	1,937	9,839	SH		DFND	1,2	0	0	9,839
ISHARES MSCI EAFE MIN VOL FACTOR ETF	ETF	46429B689	15,026	237,342	SH		DFND	1,2	0	0	237,342
ISHARES MSCI USA MIN VOL FACTOR ETF	ETF	46429B697	6,987	99,510	SH		DFND	1,2	0	0	99,510
PHILLIPS 66 COM	Stock	718546104	281	3,425	SH		DFND	1,2	0	0	3,425
ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF	ETF	464287150	13,342	159,245	SH		DFND	1,2	0	0	159,245
VANGUARD RUSSELL 3000 ETF	ETF	92206C599	2,833	16,701	SH		DFND	1,2	0	0	16,701
D R HORTON INC COM	Stock	23331A109	324	4,901	SH		DFND	1,2	0	0	4,901
INVESCO S&P SMALLCAP VALUE WITH MOMENTUM ETF	ETF	46137V480	1,332	30,000	SH		DFND	1,2	0	0	30,000
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR	Stock	90290N109	516	30,837	SH		DFND	1,2	0	0	30,837
VANGUARD FTSE ALL-WORLD EX US INDEX FUND	ETF	922042775	9,674	193,634	SH		DFND	1,2	0	0	193,634
ISHARES RUSSELL MID-CAP ETF	ETF	464287499	5,301	81,989	SH		DFND	1,2	0	0	81,989
ISHARES MSCI EMERGING MARKETS ASIA INDEX FUND	ETF	464286426	22,692	333,210	SH		DFND	1,2	0	0	333,210
ISHARES MSCI USA QUALITY FACTOR ETF	ETF	46432F339	700	6,265	SH		DFND	1,2	0	0	6,265
ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	ETF	464288513	900	12,226	SH		DFND	1,2	0	0	12,226
NETAPP INC COM	Stock	64110D104	279	4,282	SH		DFND	1,2	0	0	4,282
ISHARES S&P 500 VALUE ETF	ETF	464287408	1,889	13,742	SH		DFND	1,2	0	0	13,742
ISHARES S&P 500 GROWTH ETF	ETF	464287309	1,729	28,651	SH		DFND	1,2	0	0	28,651
ISHARES CORE S&P 500 ETF	ETF	464287200	1,765	4,656	SH		DFND	1,2	0	0	4,656
SALESFORCE INC COM	Stock	79466L302	434	2,629	SH		DFND	1,2	0	0	2,629
ISHARES NATIONAL MUNI BOND ETF	ETF	464288414	1,003	9,428	SH		DFND	1,2	0	0	9,428
CONOCOPHILLIPS COM	Stock	20825C104	490	5,415	SH		DFND	1,2	0	0	5,415
CATERPILLAR INC COM	Stock	149123101	393	2,200	SH		DFND	1,2	0	0	2,200
ISHARES CORE U.S. AGGREGATE BOND ETF	ETF	464287226	1,247	12,261	SH		DFND	1,2	0	0	12,261
ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF	ETF	464288620	7,533	147,798	SH		DFND	1,2	0	0	147,798
ISHARES RUSSELL 3000 ETF	ETF	464287689	2,432	11,188	SH		DFND	1,2	0	0	11,188
UNITEDHEALTH GROUP INC COM	Stock	91324P102	1,511	2,942	SH		DFND	1,2	0	0	2,942
ISHARES MSCI INTL QUALITY FACTOR ETF	ETF	46434V456	8,499	274,781	SH		DFND	1,2	0	0	274,781
ISHARES MSCI EAFE ETF	ETF	464287465	7,170	114,741	SH		DFND	1,2	0	0	114,741
APPLE INC COM	Stock	037833100	1,049	7,670	SH		DFND	1,2	0	0	7,670
ABBOTT LABS COM	Stock	002824100	235	2,159	SH		DFND	1,2	0	0	2,159
ISHARES RUSSELL 1000 ETF	ETF	464287622	351	1,690	SH		DFND	1,2	0	0	1,690
ISHARES RUSSELL 1000 VALUE ETF	ETF	464287598	4,363	30,097	SH		DFND	1,2	0	0	30,097