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
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
AMAZON COM INC COM	Stock	023135106	447	3,960	SH		DFND	1,2	0	0	3,960
TECHNOLOGY SELECT SECTOR SPDR FUND	ETF	81369Y803	280	2,356	SH		DFND	1,2	0	0	2,356
STARBUCKS CORP COM	Stock	855244109	270	3,201	SH		DFND	1,2	0	0	3,201
SPDR PORTFOLIO AGGREGATE BOND ETF	ETF	78464A649	623	24,968	SH		DFND	1,2	0	0	24,968
GOLDMAN SACHS GROUP INC COM	Stock	38141G104	786	2,683	SH		DFND	1,2	0	0	2,683
ISHARES MSCI ACWI EX U.S. ETF	ETF	464288240	670	16,742	SH		DFND	1,2	0	0	16,742
REATA PHARMACEUTICALS INC CL A	Stock	75615P103	1,187	47,250	SH		DFND	1,2	0	0	47,250
SPDR MSCI USA STRATEGICFACTORS ETF	ETF	78468R812	108,591	1,069,126	SH		DFND	1,2	0	0	1,069,126
LAUDER ESTEE COS INC CL A	Stock	518439104	658	3,047	SH		DFND	1,2	0	0	3,047
SPDR S&P 500 ETF TRUST	ETF	78462F103	12,408	34,740	SH		DFND	1,2	0	0	34,740
MASTERCARD INCORPORATED CL A	Stock	57636Q104	2,148	7,553	SH		DFND	1,2	0	0	7,553
ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF	ETF	464288182	2,769	47,310	SH		DFND	1,2	0	0	47,310
ISHARES COHEN & STEERS REIT ETF	ETF	464287564	818	15,247	SH		DFND	1,2	0	0	15,247
AUTOMATIC DATA PROCESSING INC COM	Stock	053015103	501	2,205	SH		DFND	1,2	0	0	2,205
NUVEEN ESG EMERGING MARKETS EQUITY ETF	ETF	67092P888	683	29,163	SH		DFND	1,2	0	0	29,163
SPDR GOLD SHARES	ETF	78463V107	948	6,127	SH		DFND	1,2	0	0	6,127
ISHARES RUSSELL 1000 GROWTH ETF	ETF	464287614	4,544	21,596	SH		DFND	1,2	0	0	21,596
SCHWAB U.S. BROAD MARKET ETF	ETF	808524102	1,490	35,481	SH		DFND	1,2	0	0	35,481
CONSUMER STAPLES SELECT SECTOR SPDR FUND	ETF	81369Y308	807	12,098	SH		DFND	1,2	0	0	12,098
ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	ETF	46435U853	6,519	193,905	SH		DFND	1,2	0	0	193,905
ADOBE SYSTEMS INCORPORATED COM	Stock	00724F101	622	2,259	SH		DFND	1,2	0	0	2,259
INTUIT COM	Stock	461202103	375	969	SH		DFND	1,2	0	0	969
MICROSOFT CORP COM	Stock	594918104	1,215	5,218	SH		DFND	1,2	0	0	5,218
FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF	ETF	33740F888	15,851	665,439	SH		DFND	1,2	0	0	665,439
VANGUARD SMALL-CAP ETF	ETF	922908751	301	1,761	SH		DFND	1,2	0	0	1,761
VANGUARD MID-CAP ETF	ETF	922908629	219	1,164	SH		DFND	1,2	0	0	1,164
VANGUARD SHORT-TERM TREASURY ETF	ETF	92206C102	934	16,164	SH		DFND	1,2	0	0	16,164
VANGUARD FTSE EUROPE ETF	ETF	922042874	1,261	27,321	SH		DFND	1,2	0	0	27,321
VANGUARD S&P 500 ETF	ETF	922908363	893	2,707	SH		DFND	1,2	0	0	2,707
VANGUARD TOTAL INTERNATIONAL STOCK ETF	ETF	921909768	1,251	27,341	SH		DFND	1,2	0	0	27,341
SYSCO CORP COM	Stock	871829107	559	7,908	SH		DFND	1,2	0	0	7,908
INVESCO S&P SMALLCAP MOMENTUM ETF	ETF	46137V498	1,278	29,468	SH		DFND	1,2	0	0	29,468
ISHARES RUSSELL MID-CAP GROWTH ETF	ETF	464287481	21,522	274,416	SH		DFND	1,2	0	0	274,416
VANGUARD FTSE PACIFIC ETF	ETF	922042866	20,177	351,269	SH		DFND	1,2	0	0	351,269
KRONOS WORLDWIDE INC COM	Stock	50105F105	236	25,245	SH		DFND	1,2	0	0	25,245
ISHARES MSCI EMERGING MARKETS MIN VOL FACTOR ETF	ETF	464286533	2,519	49,710	SH		DFND	1,2	0	0	49,710
VISA INC COM CL A	Stock	92826C839	1,748	9,839	SH		DFND	1,2	0	0	9,839
ISHARES MSCI EAFE MIN VOL FACTOR ETF	ETF	46429B689	13,063	229,127	SH		DFND	1,2	0	0	229,127
ISHARES MSCI USA MIN VOL FACTOR ETF	ETF	46429B697	5,484	82,961	SH		DFND	1,2	0	0	82,961
PHILLIPS 66 COM	Stock	718546104	276	3,425	SH		DFND	1,2	0	0	3,425
ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF	ETF	464287150	13,169	165,566	SH		DFND	1,2	0	0	165,566
VANGUARD RUSSELL 3000 ETF	ETF	92206C599	2,701	16,701	SH		DFND	1,2	0	0	16,701
D R HORTON INC COM	Stock	23331A109	330	4,901	SH		DFND	1,2	0	0	4,901
INVESCO S&P SMALLCAP VALUE WITH MOMENTUM ETF	ETF	46137V480	1,236	30,000	SH		DFND	1,2	0	0	30,000
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR	Stock	90290N109	537	30,837	SH		DFND	1,2	0	0	30,837
VANGUARD FTSE ALL-WORLD EX-US INDEX FUND	ETF	922042775	9,238	208,260	SH		DFND	1,2	0	0	208,260
ISHARES RUSSELL MIDCAP ETF	ETF	464287499	5,033	80,984	SH		DFND	1,2	0	0	80,984
ISHARES MSCI EMERGING MARKETS ASIA ETF	ETF	464286426	19,281	335,959	SH		DFND	1,2	0	0	335,959
ENERGY SELECT SECTOR SPDR FUND	ETF	81369Y506	1,688	23,443	SH		DFND	1,2	0	0	23,443
ISHARES MSCI USA QUALITY FACTOR ETF	ETF	46432F339	651	6,265	SH		DFND	1,2	0	0	6,265
ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	ETF	464288513	481	6,739	SH		DFND	1,2	0	0	6,739
NETAPP INC COM	Stock	64110D104	265	4,282	SH		DFND	1,2	0	0	4,282
ISHARES S&P 500 VALUE ETF	ETF	464287408	1,766	13,742	SH		DFND	1,2	0	0	13,742
ISHARES S&P 500 GROWTH ETF	ETF	464287309	1,657	28,651	SH		DFND	1,2	0	0	28,651
ISHARES CORE S&P 500 ETF	ETF	464287200	1,670	4,656	SH		DFND	1,2	0	0	4,656
SALESFORCE INC COM	Stock	79466L302	378	2,629	SH		DFND	1,2	0	0	2,629
ISHARES NATIONAL MUNI BOND ETF	ETF	464288414	967	9,428	SH		DFND	1,2	0	0	9,428
CONOCOPHILLIPS COM	Stock	20825C104	554	5,415	SH		DFND	1,2	0	0	5,415
CATERPILLAR INC COM	Stock	149123101	361	2,200	SH		DFND	1,2	0	0	2,200
ISHARES CORE U.S. AGGREGATE BOND ETF	ETF	464287226	936	9,719	SH		DFND	1,2	0	0	9,719
ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF	ETF	464288620	5,989	124,645	SH		DFND	1,2	0	0	124,645
ISHARES RUSSELL 3000 ETF	ETF	464287689	2,316	11,188	SH		DFND	1,2	0	0	11,188
UNITEDHEALTH GROUP INC COM	Stock	91324P102	1,486	2,942	SH		DFND	1,2	0	0	2,942
ISHARES MSCI INTL QUALITY FACTOR ETF	ETF	46434V456	10,239	368,586	SH		DFND	1,2	0	0	368,586
ISHARES MSCI EAFE ETF	ETF	464287465	6,325	112,935	SH		DFND	1,2	0	0	112,935
APPLE INC COM	Stock	037833100	1,060	7,670	SH		DFND	1,2	0	0	7,670
ABBOTT LABS COM	Stock	002824100	209	2,159	SH		DFND	1,2	0	0	2,159
ISHARES RUSSELL 1000 ETF	ETF	464287622	333	1,690	SH		DFND	1,2	0	0	1,690
ISHARES RUSSELL 1000 VALUE ETF	ETF	464287598	3,998	29,402	SH		DFND	1,2	0	0	29,402