0001085146-14-001617.txt : 20140812
0001085146-14-001617.hdr.sgml : 20140812
20140811103152
ACCESSION NUMBER: 0001085146-14-001617
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20140630
FILED AS OF DATE: 20140811
DATE AS OF CHANGE: 20140811
EFFECTIVENESS DATE: 20140811
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: CYPRESS ASSET MANAGEMENT INC/TX
CENTRAL INDEX KEY: 0001030618
IRS NUMBER: 76049608
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-05956
FILM NUMBER: 141029323
BUSINESS ADDRESS:
STREET 1: 2929 ALLEN PARKWAY
STREET 2: SUITE 2200
CITY: HOUSTON
STATE: TX
ZIP: 77019
BUSINESS PHONE: 7135122100
MAIL ADDRESS:
STREET 1: 2929 ALLEN PARKWAY
STREET 2: SUITE 2200
CITY: HOUSTON
STATE: TX
ZIP: 77019
13F-HR
1
primary_doc.xml
13F-HR
LIVE
false
false
false
0001030618
XXXXXXXX
06-30-2014
06-30-2014
false
CYPRESS ASSET MANAGEMENT INC/TX
2929 ALLEN PARKWAY
SUITE 2200
HOUSTON
TX
77019
13F HOLDINGS REPORT
028-05956
N
Will Garwood
President
713-512-2146
/s/ Will Garwood
Houston
TX
08-11-2014
0
213
579905
INFORMATION TABLE
2
form13fInfoTable.xml
DESCRIPTION FOR INFORMATION TABLE
3M CO
COM
88579Y101
805
5619
SH
SOLE
5619
0
0
ABBOTT LABS
COM
002824100
799
19543
SH
SOLE
13043
0
6500
ABBVIE INC
COM
00287y109
1527
27064
SH
SOLE
20964
0
6100
ACCESS MIDSTREAM PARTNERS L
UNIT
00434l109
448
7050
SH
SOLE
7050
0
0
AGILENT TECHNOLOGIES INC
COM
00846u101
287
5000
SH
SOLE
0
0
5000
AGRIUM INC
COM
008916108
322
3513
SH
SOLE
2588
0
925
AIR PRODS & CHEMS INC
COM
009158106
514
4000
SH
SOLE
2300
0
1700
ALTERA CORP
COM
021441100
488
14050
SH
SOLE
3250
0
10800
ALTRIA GROUP INC
COM
02209S103
3364
80211
SH
SOLE
80211
0
0
AMAZON COM INC
COM
023135106
658
2025
SH
SOLE
1475
0
550
AMERICAN EXPRESS CO
COM
025816109
575
6060
SH
SOLE
4310
0
1750
ANADARKO PETE CORP
COM
032511107
8799
80381
SH
SOLE
76231
0
4150
ANALOG DEVICES INC
COM
032654105
3150
58260
SH
SOLE
50310
0
7950
ANHEUSER BUSCH INBEV SA/NV
SPONSORED ADR
03524A108
1558
13555
SH
SOLE
11855
0
1700
APACHE CORP
COM
037411105
537
5339
SH
SOLE
4339
0
1000
APPLE INC
COM
037833100
12276
132102
SH
SOLE
123702
0
8400
APPLIED MATLS INC
COM
038222105
203
9000
SH
SOLE
0
0
9000
AT&T INC
COM
00206r102
4261
120504
SH
SOLE
115104
0
5400
BAE SYSTEMS PLC
COM
05523R107
1463
49400
SH
SOLE
49400
0
0
BERKSHIRE HATHAWAY INC DEL
CL B NEW
084670702
5041
39829
SH
SOLE
37179
0
2650
BHP BILLITON PLC
SPONSORED ADR
05545E209
240
3685
SH
SOLE
3685
0
0
BIOGEN IDEC INC
COM
09062X103
448
1420
SH
SOLE
1420
0
0
BLACKROCK INC
COM
09247X101
516
1615
SH
SOLE
1415
0
200
BLACKSTONE GROUP L P
COM UNIT LTD
09253u108
4586
137130
SH
SOLE
127530
0
9600
BRISTOL MYERS SQUIBB CO
COM
110122108
3652
75278
SH
SOLE
65728
0
9550
BRITISH AMERN TOB PLC
SPONSORED ADR
110448107
2597
21812
SH
SOLE
21812
0
0
BROWN FORMAN CORP
CL B
115637209
259
2750
SH
SOLE
2750
0
0
CABOT OIL & GAS CORP
COM
127097103
349
10225
SH
SOLE
10225
0
0
CAMERON INTERNATIONAL CORP
COM
13342B105
711
10495
SH
SOLE
7595
0
2900
CANADIAN NATL RY CO
COM
136375102
3526
54232
SH
SOLE
47232
0
7000
CARRIZO OIL & GAS INC
COM
144577103
322
4651
SH
SOLE
4651
0
0
CATERPILLAR INC DEL
COM
149123101
2137
19667
SH
SOLE
19167
0
500
CELGENE CORP
COM
151020104
621
7230
SH
SOLE
7230
0
0
CHEVRON CORP NEW
COM
166764100
15881
121648
SH
SOLE
115548
0
6100
CHICAGO BRIDGE & IRON CO N V
COM
167250109
448
6566
SH
SOLE
6566
0
0
CISCO SYS INC
COM
17275R102
437
17600
SH
SOLE
7300
0
10300
CLOROX CO DEL
COM
189054109
286
3125
SH
SOLE
2225
0
900
COCA COLA CO
COM
191216100
10867
256531
SH
SOLE
239231
0
17300
COLGATE PALMOLIVE CO
COM
194162103
3749
54986
SH
SOLE
46386
0
8600
COMCAST CORP NEW
CL A SPL
20030N200
243
4550
SH
SOLE
650
0
3900
COMERICA INC
COM
200340107
255
5075
SH
SOLE
3475
0
1600
CONOCOPHILLIPS
COM
20825c104
2685
31316
SH
SOLE
26816
0
4500
CONTINENTAL RESOURCES INC
COM
212015101
1533
9702
SH
SOLE
8852
0
850
COSTCO WHSL CORP NEW
COM
22160K105
527
4575
SH
SOLE
4575
0
0
CSX CORP
COM
126408103
526
17076
SH
SOLE
15076
0
2000
CUMMINS INC
COM
231021106
1867
12100
SH
SOLE
11650
0
450
D R HORTON INC
COM
23331A109
646
26300
SH
SOLE
23500
0
2800
DANAHER CORP DEL
COM
235851102
301
3825
SH
SOLE
975
0
2850
DEERE & CO
COM
244199105
3977
43916
SH
SOLE
38066
0
5850
DIAGEO P L C
SPON ADR NEW
25243Q205
14237
111866
SH
SOLE
101466
0
10400
DISCOVER FINL SVCS
COM
254709108
239
3850
SH
SOLE
3850
0
0
DISNEY WALT CO
COM DISNEY
254687106
4461
52025
SH
SOLE
43875
0
8150
DOMINION RES INC VA NEW
COM
25746u109
469
6561
SH
SOLE
261
0
6300
DOVER CORP
COM
260003108
1146
12595
SH
SOLE
10195
0
2400
DU PONT E I DE NEMOURS & CO
COM
263534109
3342
51064
SH
SOLE
43714
0
7350
DUKE ENERGY CORP NEW
COM NEW
26441C204
941
12680
SH
SOLE
6580
0
6100
DUPONT PFD B
PFD
263534307
350
3784
SH
SOLE
1284
0
2500
E M C CORP MASS
COM
268648102
594
22535
SH
SOLE
15035
0
7500
EASTMAN CHEM CO
COM
277432100
1573
18004
SH
SOLE
14354
0
3650
EATON CORP PLC
SHS
G29183103
5149
66712
SH
SOLE
59612
0
7100
EMERSON ELEC CO
COM
291011104
11937
179889
SH
SOLE
162189
0
17700
ENBRIDGE INC
COM
29250N105
421
8870
SH
SOLE
8870
0
0
ENERGY XXI BERMUDA LTD
USD UNRS SHS
G10082140
249
10543
SH
SOLE
10543
0
0
ENSCO PLC
SHS CLASS A
G3157S106
751
13510
SH
SOLE
12110
0
1400
ENTERGY CORP NEW
COM
29364G103
211
2575
SH
SOLE
2575
0
0
ENTERPRISE PRODS PARTNERS L
COM
293792107
21918
279954
SH
SOLE
264414
0
15540
EOG RES INC
COM
26875p101
7010
59986
SH
SOLE
55786
0
4200
EXXON MOBIL CORP
COM
30231g102
18492
183674
SH
SOLE
166724
0
16950
FEDERAL REALTY INVT TR
SH BEN INT NEW
313747206
744
6150
SH
SOLE
6150
0
0
FEDEX CORP
COM
31428X106
265
1750
SH
SOLE
0
0
1750
FLUOR CORP NEW
COM
343412102
283
3685
SH
SOLE
3685
0
0
FMC TECHNOLOGIES INC
COM
30249U101
434
7100
SH
SOLE
6100
0
1000
FORD MTR CO DEL
COM PAR $0.01
345370860
186
10800
SH
SOLE
1600
0
9200
FRANKLIN RES INC
COM
354613101
466
8060
SH
SOLE
6160
0
1900
FREEPORT-MCMORAN COPPER & GO
COM
35671d857
1661
45501
SH
SOLE
42501
0
3000
GENERAL ELECTRIC CO
COM
369604103
12874
489882
SH
SOLE
456182
0
33700
GENERAL MLS INC
COM
370334104
1594
30330
SH
SOLE
16080
0
14250
GENESIS ENERGY L P
UNIT LTD PARTN
371927104
340
6075
SH
SOLE
4575
0
1500
GILEAD SCIENCES INC
COM
375558103
3020
36420
SH
SOLE
31470
0
4950
GLAXOSMITHKLINE PLC
SPONSORED ADR
37733W105
269
5025
SH
SOLE
2825
0
2200
GOLDCORP INC NEW
COM
380956409
361
12922
SH
SOLE
12922
0
0
GOOGLE INC
CL A
38259P508
1112
1902
SH
SOLE
1202
0
700
GOOGLE INC
CL C
38259P706
1094
1902
SH
SOLE
1202
0
700
HAIN CELESTIAL GROUP INC
COM
405217100
285
3210
SH
SOLE
3110
0
100
HALLIBURTON CO
COM
406216101
553
7792
SH
SOLE
7792
0
0
HEALTH CARE REIT INC
COM
42217k106
1064
16980
SH
SOLE
14980
0
2000
HERSHEY CO
COM
427866108
421
4325
SH
SOLE
3225
0
1100
HESS CORP
COM
42809H107
579
5850
SH
SOLE
5850
0
0
HOME DEPOT INC
COM
437076102
4144
51185
SH
SOLE
46435
0
4750
HONEYWELL INTL INC
COM
438516106
9760
105001
SH
SOLE
95201
0
9800
INTEL CORP
COM
458140100
4506
145836
SH
SOLE
128886
0
16950
INTERNATIONAL BUSINESS MACHS
COM
459200101
752
4146
SH
SOLE
3646
0
500
ISHARES
RUSSELL 2000 ETF
464287655
219
1843
SH
SOLE
1843
0
0
JOHNSON & JOHNSON
COM
478160104
12854
122867
SH
SOLE
109817
0
13050
JOHNSON CTLS INC
COM
478366107
1532
30680
SH
SOLE
24480
0
6200
JP MORGAN CHASE CAP XX1X
PFD
48125E207
208
8000
SH
SOLE
0
0
8000
JPMORGAN CHASE & CO
COM
46625H100
10041
174262
SH
SOLE
162412
0
11850
KEYCORP NEW
COM
493267108
201
14050
SH
SOLE
14050
0
0
KIMBERLY CLARK CORP
COM
494368103
1537
13823
SH
SOLE
12123
0
1700
KINDER MORGAN ENERGY PARTNER
UT LTD PARTNER
494550106
7312
88947
SH
SOLE
87847
0
1100
KINDER MORGAN INC DEL
COM
49456B101
6388
176167
SH
SOLE
161767
0
14400
KIRBY CORP
COM
497266106
586
5000
SH
SOLE
5000
0
0
KRAFT FOODS GROUP INC
COM
50076q106
4849
80884
SH
SOLE
77485
0
3399
LAUDER ESTEE COS INC
CL A
518439104
991
13340
SH
SOLE
13340
0
0
LENNAR CORP
CL A
526057104
464
11050
SH
SOLE
11050
0
0
LILLY ELI & CO
COM
532457108
5932
95417
SH
SOLE
87417
0
8000
LINNCO LLC
COMSHS LTD INT
535782106
210
6716
SH
SOLE
6716
0
0
LOCKHEED MARTIN CORP
COM
539830109
291
1810
SH
SOLE
1810
0
0
LOWES COS INC
COM
548661107
1701
35453
SH
SOLE
30253
0
5200
LVMH MOET HENNESSY LOUIS VITTO
COM
502441306
1160
30075
SH
SOLE
25250
0
4825
LYONDELLBASELL INDUSTRIES N
SHS - A -
n53745100
2580
26426
SH
SOLE
22526
0
3900
MAGELLAN MIDSTREAM PRTNRS LP
COM UNIT RP LP
559080106
12716
151305
SH
SOLE
142255
0
9050
MAGNA INTL INC
COM
559222401
345
3200
SH
SOLE
0
0
3200
MAIN STREET CAPITAL CORP
COM
56035L104
614
18650
SH
SOLE
18650
0
0
MARATHON OIL CORP
COM
565849106
1040
26048
SH
SOLE
20998
0
5050
MARATHON PETE CORP
COM
56585a102
334
4275
SH
SOLE
1025
0
3250
MARKWEST ENERGY PARTNERS L P
UNIT LTD PARTN
570759100
3897
54444
SH
SOLE
49744
0
4700
MARSH & MCLENNAN COS INC
COM
571748102
777
15000
SH
SOLE
15000
0
0
MASTERCARD INC
CL A
57636q104
252
3425
SH
SOLE
3425
0
0
MCDONALDS CORP
COM
580135101
6770
67201
SH
SOLE
63851
0
3350
MEDICAL PPTYS TRUST INC
COM
58463J304
2226
168150
SH
SOLE
150150
0
18000
MEMORIAL PRODTN PARTNERS LP
COM U REP LTD
586048100
4118
169890
SH
SOLE
163290
0
6600
MERCK & CO INC NEW
COM
58933y105
6228
107660
SH
SOLE
98510
0
9150
METLIFE INC
COM
59156r108
300
5400
SH
SOLE
200
0
5200
METLIFE PFD
PFD
59156R603
204
8000
SH
SOLE
0
0
8000
MONDELEZ INTL INC
CL A
609207105
3855
102507
SH
SOLE
93457
0
9050
MONSANTO CO NEW
COM
61166w101
525
4210
SH
SOLE
3760
0
450
MOSAIC CO NEW
COM
61945c103
425
8600
SH
SOLE
8600
0
0
NATIONAL GRID PLC
SPON ADR NEW
636274300
349
4686
SH
SOLE
4686
0
0
NATIONAL OILWELL VARCO INC
COM
637071101
2141
26003
SH
SOLE
24103
0
1900
NESTLE
COM
641069406
9637
124081
SH
SOLE
112931
0
11150
NIKE INC
CL B
654106103
1922
24785
SH
SOLE
18935
0
5850
NOBLE ENERGY INC
COM
655044105
424
5479
SH
SOLE
5479
0
0
NORFOLK SOUTHERN CORP
COM
655844108
2298
22303
SH
SOLE
20003
0
2300
NOVARTIS A G
SPONSORED ADR
66987V109
2112
23332
SH
SOLE
18932
0
4400
OASIS PETE INC NEW
COM
674215108
360
6434
SH
SOLE
6434
0
0
OCCIDENTAL PETE CORP DEL
COM
674599105
11028
107456
SH
SOLE
102206
0
5250
ONEOK INC NEW
COM
682680103
2141
31443
SH
SOLE
26543
0
4900
ONEOK PARTNERS LP
UNIT LTD PARTN
68268n103
6765
115441
SH
SOLE
115441
0
0
PARKER HANNIFIN CORP
COM
701094104
220
1750
SH
SOLE
1750
0
0
PEPSICO INC
COM
713448108
11704
131004
SH
SOLE
116404
0
14600
PFIZER INC
COM
717081103
7601
256100
SH
SOLE
241050
0
15050
PHILIP MORRIS INTL INC
COM
718172109
13639
161773
SH
SOLE
156273
0
5500
PHILLIPS 66
COM
718546104
404
5020
SH
SOLE
5020
0
0
PLAINS ALL AMERN PIPELINE L
UNIT LTD PARTN
726503105
9812
163400
SH
SOLE
148250
0
15150
PLAINS GP HLDGS L P
SHS A REP LTPN
72651a108
6322
197615
SH
SOLE
187715
0
9900
PNC FINL SVCS GROUP INC
COM
693475105
4093
45965
SH
SOLE
41365
0
4600
POWERSHARES QQQ TRUST
UNIT SER 1
73935a104
4587
48840
SH
SOLE
48840
0
0
PRAXAIR INC
COM
74005P104
646
4865
SH
SOLE
3565
0
1300
PRICE T ROWE GROUP INC
COM
74144t108
1287
15250
SH
SOLE
12150
0
3100
PROCTER & GAMBLE CO
COM
742718109
9163
116587
SH
SOLE
108262
0
8325
PROSPERITY BANCSHARES INC
COM
743606105
536
8565
SH
SOLE
8565
0
0
PULTE GROUP INC
COM
745867101
472
23400
SH
SOLE
23400
0
0
QUALCOMM INC
COM
747525103
6732
84995
SH
SOLE
69345
0
15650
RALPH LAUREN CORP
CL A
751212101
1703
10600
SH
SOLE
9390
0
1210
RANGE RES CORP
COM
75281a109
235
2707
SH
SOLE
2707
0
0
RAYMOND JAMES FINL 6.9%
PFD
754730208
216
8000
SH
SOLE
0
0
8000
REALTY INCOME CORP
COM
756109104
1235
27800
SH
SOLE
22800
0
5000
REGENERON PHARMACEUTICALS
COM
75886f107
3657
12945
SH
SOLE
12945
0
0
REGIONS FINL CORP NEW
COM
7591EP100
113
10600
SH
SOLE
10600
0
0
REPUBLIC OF TEXAS BRANDS
COM
760826107
0
15000
SH
SOLE
15000
0
0
ROCKWELL AUTOMATION INC
COM
773903109
1205
9625
SH
SOLE
7875
0
1750
ROYAL DUTCH SHELL PLC
SPONS ADR A
780259206
5348
64925
SH
SOLE
64925
0
0
SANOFI
SPONSORED ADR
80105N105
2248
42275
SH
SOLE
34975
0
7300
SCHLUMBERGER LTD
COM
806857108
7288
61788
SH
SOLE
54738
0
7050
SEADRILL LIMITED
SHS
g7945e105
4575
114528
SH
SOLE
109528
0
5000
SIEMENS
COM
826197501
212
1600
SH
SOLE
800
0
800
SILVER WHEATON CORP
COM
828336107
370
14091
SH
SOLE
14091
0
0
SOUTHERN CO
COM
842587107
401
8830
SH
SOLE
8830
0
0
SOUTHWESTERN ENERGY CO
COM
845467109
325
7141
SH
SOLE
5891
0
1250
SPDR S&P 500 ETF TR
TR UNIT
78462F103
1715
8765
SH
SOLE
8765
0
0
SPDR SERIES TRUST
S&P REGL BKG
78464a698
405
10040
SH
SOLE
8040
0
2000
SPECTRA ENERGY CORP
COM
847560109
614
14460
SH
SOLE
3060
0
11400
SPECTRA ENERGY PARTNERS LP
COM
84756N109
317
5950
SH
SOLE
5950
0
0
SUNOCO LOGISTICS PRTNRS L P
COM UNITS
86764L108
2963
62900
SH
SOLE
62900
0
0
SUSSER PETE PARTNERS LP
COM U REP LP
869239103
1411
30070
SH
SOLE
30070
0
0
TARGA RES CORP
COM
87612g101
2997
21476
SH
SOLE
18926
0
2550
TARGA RESOURCES PARTNERS LP
COM UNIT
87611X105
2769
38500
SH
SOLE
36750
0
1750
TARGET CORP
COM
87612E106
382
6590
SH
SOLE
3940
0
2650
TESORO CORP
COM
881609101
288
4913
SH
SOLE
3913
0
1000
TEVA PHARMACEUTICAL INDS LTD
ADR
881624209
391
7450
SH
SOLE
7450
0
0
TIME WARNER INC
COM NEW
887317303
1674
23830
SH
SOLE
20005
0
3825
TOLL BROTHERS INC
COM
889478103
571
15475
SH
SOLE
13775
0
1700
TORONTO DOMINION BK ONT
COM NEW
891160509
1789
34800
SH
SOLE
34800
0
0
TRANSCANADA CORP
COM
89353d107
236
4950
SH
SOLE
4950
0
0
TUPPERWARE BRANDS CORP
COM
899896104
209
2500
SH
SOLE
2500
0
0
UNILEVER N V
N Y SHS NEW
904784709
1793
40975
SH
SOLE
30375
0
10600
UNION PAC CORP
COM
907818108
5789
58039
SH
SOLE
52239
0
5800
UNITED PARCEL SERVICE INC
CL B
911312106
1587
15463
SH
SOLE
14138
0
1325
UNITED TECHNOLOGIES CORP
COM
913017109
7666
66404
SH
SOLE
61704
0
4700
US BANCORP DEL
COM NEW
902973304
673
15525
SH
SOLE
11225
0
4300
V F CORP
COM
918204108
3787
60112
SH
SOLE
55662
0
4450
VALERO ENERGY CORP NEW
COM
91913Y100
1465
29245
SH
SOLE
22745
0
6500
VARIAN MED SYS INC
COM
92220P105
1045
12575
SH
SOLE
10725
0
1850
VENTAS INC
COM
92276f100
202
3146
SH
SOLE
1646
0
1500
VERIZON COMMUNICATIONS INC
COM
92343v104
5193
106130
SH
SOLE
96780
0
9350
VISA INC
COM CL A
92826c839
653
3097
SH
SOLE
1997
0
1100
WASTE MGMT INC DEL
COM
94106l109
259
5800
SH
SOLE
1850
0
3950
WEINGARTEN RLTY INVS
SH BEN INT
948741103
426
12958
SH
SOLE
12958
0
0
WELLS FARGO & CO NEW
COM
949746101
12379
235523
SH
SOLE
219548
0
15975
WELLS FARGO & CO NEW
PERP PFD CNV A
949746804
237
195
SH
SOLE
195
0
0
WESTERN GAS PARTNERS LP
COM UNIT LP IN
958254104
476
6225
SH
SOLE
6225
0
0
WEYERHAEUSER CO
COM
962166104
2268
68554
SH
SOLE
56454
0
12100
WHITING PETE CORP NEW
COM
966387102
471
5872
SH
SOLE
5872
0
0
WILLIAMS COS INC DEL
COM
969457100
1979
34003
SH
SOLE
30703
0
3300
WILLIAMS PARTNERS L P
COM UNIT L P
96950f104
645
11874
SH
SOLE
11874
0
0
XILINX INC
COM
983919101
1130
23875
SH
SOLE
19525
0
4350
XYLEM INC
COM
98419m100
366
9370
SH
SOLE
7670
0
1700
YAHOO INC
COM
984332106
573
16310
SH
SOLE
11210
0
5100
YAMANA GOLD INC
COM
98462y100
137
16654
SH
SOLE
16654
0
0
YUM BRANDS INC
COM
988498101
5954
73321
SH
SOLE
68271
0
5050
ZOETIS INC
CL A
98978v103
878
27217
SH
SOLE
22817
0
4400
ZURICH INSURANCE GROUP
COM
989825104
2411
80000
SH
SOLE
80000
0
0