0001085146-13-000360.txt : 20130212 0001085146-13-000360.hdr.sgml : 20130212 20130211173820 ACCESSION NUMBER: 0001085146-13-000360 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130212 DATE AS OF CHANGE: 20130211 EFFECTIVENESS DATE: 20130212 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: 13593475 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 cypressassetmgmt4q2012.txt CYPRESS ASSET MANAGEMENT INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2012 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Cypress Asset Management Inc Address: 2929 Allen Parkway Suite 2200 Houston, TX 77019 13F File Number: 028-05956 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Will Garwood Title: President Phone: 713-512-2146 Signature, Place, and Date of Signing: /s/ Will Garwood Houston, TX February 11, 2013 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 174 Form 13F Information Table Value Total: $461,744 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO COM 88579Y101 469 5050 SH SOLE 5050 0 0 ABBOTT LABS COM 002824100 1354 20677 SH SOLE 14177 0 6500 AGILENT TECHNOLOGIES INC COM 00846u101 205 5000 SH SOLE 0 0 5000 AGRIUM INC COM 008916108 230 2300 SH SOLE 1100 0 1200 AIR PRODS & CHEMS INC COM 009158106 342 4065 SH SOLE 2215 0 1850 ALTERA CORP COM 021441100 528 15350 SH SOLE 3750 0 11600 ALTRIA GROUP INC COM 02209S103 3814 121295 SH SOLE 121295 0 0 AMAZON COM INC COM 023135106 615 2450 SH SOLE 1850 0 600 AMERICAN EXPRESS CO COM 025816109 252 4382 SH SOLE 2382 0 2000 ANADARKO PETE CORP COM 032511107 5857 78816 SH SOLE 74516 0 4300 ANALOG DEVICES INC COM 032654105 2878 68425 SH SOLE 60075 0 8350 ANHEUSER BUSCH INBEV SA/NV 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3100 SH SOLE 1500 0 1600 CHEVRON CORP NEW COM 166764100 13168 121768 SH SOLE 115668 0 6100 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 225 3828 SH SOLE 1828 0 2000 CISCO SYS INC COM 17275R102 350 17822 SH SOLE 8422 0 9400 COCA COLA CO COM 191216100 13753 379399 SH SOLE 352999 0 26400 COLGATE PALMOLIVE CO COM 194162103 3141 30045 SH SOLE 25470 0 4575 COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 284 3400 SH SOLE 3400 0 0 CONOCOPHILLIPS COM 20825c104 975 16814 SH SOLE 12464 0 4350 CONTINENTAL RESOURCES INC COM 212015101 1023 13920 SH SOLE 13420 0 500 COSTCO WHSL CORP NEW COM 22160K105 449 4551 SH SOLE 4551 0 0 CPFL ENERGIA S A SPONSORED ADR 126153105 345 16470 SH SOLE 16470 0 0 CUMMINS INC COM 231021106 1909 17620 SH SOLE 17620 0 0 D R HORTON INC COM 23331A109 1274 64425 SH SOLE 62425 0 2000 DANAHER CORP DEL COM 235851102 404 7225 SH SOLE 4125 0 3100 DEERE & CO COM 244199105 6006 69496 SH SOLE 61496 0 8000 DEVON ENERGY CORP NEW COM 25179M103 1329 25541 SH SOLE 21641 0 3900 DIAGEO 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1867 52985 SH SOLE 45035 0 7950 MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 8231 190585 SH SOLE 180435 0 10150 MAGNA INTL INC COM 559222401 225 4500 SH SOLE 0 0 4500 MARATHON OIL CORP COM 565849106 634 20675 SH SOLE 15175 0 5500 MARATHON PETE CORP COM 56585a102 290 4600 SH SOLE 1100 0 3500 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 361 7775 SH SOLE 7775 0 0 MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 2909 57025 SH SOLE 52825 0 4200 MARSH & MCLENNAN COS INC COM 571748102 517 15000 SH SOLE 15000 0 0 MCDONALDS CORP COM 580135101 7306 82826 SH SOLE 78776 0 4050 MEMORIAL PRODTN PARTNERS LP COM U REP LTD 586048100 2669 149600 SH SOLE 149600 0 0 MERCK & CO INC NEW COM 58933y105 4124 100744 SH SOLE 91494 0 9250 METLIFE INC COM 59156r108 204 6200 SH SOLE 0 0 6200 METLIFE PFD PFD 59156R603 921 36500 SH SOLE 28500 0 8000 MONDELEZ INTL INC CL A 609207105 2757 108332 SH SOLE 98832 0 9500 MOSAIC CO NEW COM 61945c103 741 13093 SH SOLE 13093 0 0 NATIONAL GRID PLC SPON ADR NEW 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174214 SH SOLE 166814 0 7400 PIMCO ETF TR 1-5 US TIP IDX 72201r205 270 5000 SH SOLE 0 0 5000 PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 15065 333005 SH SOLE 314905 0 18100 PNC FINL SVCS GROUP INC COM 693475105 2340 40125 SH SOLE 35325 0 4800 POTASH CORP SASK INC COM 73755L107 275 6750 SH SOLE 5250 0 1500 POWERSHARES QQQ TRUST UNIT SER 1 73935a104 4154 63773 SH SOLE 63773 0 0 PRAXAIR INC COM 74005P104 526 4805 SH SOLE 3405 0 1400 PRICE T ROWE GROUP INC COM 74144t108 622 9550 SH SOLE 6850 0 2700 PROCTER & GAMBLE CO COM 742718109 7677 113075 SH SOLE 103375 0 9700 PROSPERITY BANCSHARES INC COM 743606105 385 9155 SH SOLE 9155 0 0 PUBLIC STORAGE PFD Q PFD 74460D141 1123 41375 SH SOLE 33875 0 7500 PULTE GROUP INC COM 745867101 1566 86225 SH SOLE 83725 0 2500 QUALCOMM INC COM 747525103 6077 98233 SH SOLE 79583 0 18650 RALPH LAUREN CORP CL A 751212101 270 1800 SH SOLE 1800 0 0 RAYMOND JAMES FINL 6.9% PFD 754730208 218 8000 SH SOLE 0 0 8000 REGENERON PHARMACEUTICALS COM 75886f107 2883 16855 SH SOLE 16855 0 0 REPUBLIC OF TEXAS BRANDS COM 760826107 0 15000 SH SOLE 15000 0 0 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 4847 70293 SH SOLE 65893 0 4400 SANOFI SPONSORED ADR 80105N105 2165 45685 SH SOLE 38485 0 7200 SCHLUMBERGER LTD COM 806857108 4641 66971 SH SOLE 58921 0 8050 SEADRILL LIMITED SHS g7945e105 5052 137280 SH SOLE 131280 0 6000 SIEMENS A G SPONSORED ADR 826197501 268 2450 SH SOLE 1300 0 1150 SOUTHWESTERN ENERGY CO COM 845467109 384 11500 SH SOLE 10000 0 1500 SPDR GOLD TRUST GOLD SHS 78463v107 740 4570 SH SOLE 4570 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 2380 16709 SH SOLE 16709 0 0 SPECTRA ENERGY PARTNERS LP COM 84756N109 208 6650 SH SOLE 6650 0 0 STATOIL ASA SPONSORED ADR 85771P102 907 36225 SH SOLE 26525 0 9700 SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 2005 40325 SH SOLE 40325 0 0 SUSSER PETE PARTNERS LP COM U REP LP 869239103 250 9950 SH SOLE 9950 0 0 TARGA RES CORP COM 87612g101 671 12700 SH SOLE 12700 0 0 TARGA RESOURCES PARTNERS LP COM UNIT 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