0001085146-16-004552.txt : 20161024
0001085146-16-004552.hdr.sgml : 20161024
20161024163310
ACCESSION NUMBER: 0001085146-16-004552
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20160930
FILED AS OF DATE: 20161024
DATE AS OF CHANGE: 20161024
EFFECTIVENESS DATE: 20161024
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: 161948256
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
09-30-2016
09-30-2016
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
10-24-2016
0
203
501781
INFORMATION TABLE
2
form13fInfoTable.xml
DESCRIPTION FOR INFORMATION TABLE
3M CO
COM
88579Y101
2876
16319
SH
SOLE
14894
0
1425
ABBOTT LABS
COM
002824100
782
18493
SH
SOLE
12393
0
6100
ABBVIE INC
COM
00287y109
1630
25838
SH
SOLE
22088
0
3750
AGILENT TECHNOLOGIES INC
COM
00846u101
235
5000
SH
SOLE
0
0
5000
AIR PRODS & CHEMS INC
COM
009158106
268
1780
SH
SOLE
1780
0
0
ALEXANDRIA REAL ESTATE EQ IN
COM
015271109
2277
20930
SH
SOLE
20930
0
0
ALLERGAN PLC
SHS
G0177J108
313
1361
SH
SOLE
661
0
700
ALPHABET INC
CAP STK CL A
02079k305
1402
1744
SH
SOLE
1044
0
700
ALPHABET INC
CAP STK CL C
02079k107
1469
1890
SH
SOLE
1189
0
701
ALTRIA GROUP INC
COM
02209S103
1952
30875
SH
SOLE
30875
0
0
AMAZON COM INC
COM
023135106
1382
1650
SH
SOLE
1100
0
550
AMERICAN ELEC PWR INC
COM
025537101
254
3960
SH
SOLE
3960
0
0
AMERICAN EXPRESS CO
COM
025816109
407
6350
SH
SOLE
5000
0
1350
AMERICAN WTR WKS CO INC NEW
COM
030420103
331
4425
SH
SOLE
4425
0
0
AMGEN INC
COM
031162100
259
1550
SH
SOLE
1000
0
550
ANADARKO PETE CORP
COM
032511107
1980
31254
SH
SOLE
30554
0
700
ANALOG DEVICES INC
COM
032654105
3260
50577
SH
SOLE
43127
0
7450
ANHEUSER BUSCH INBEV SA/NV
SPONSORED ADR
03524A108
1538
11705
SH
SOLE
9905
0
1800
APPLE INC
COM
037833100
15018
132842
SH
SOLE
125317
0
7525
ASTRAZENECA PLC
SPONSORED ADR
046353108
500
15225
SH
SOLE
13725
0
1500
AT&T INC
COM
00206r102
2692
66285
SH
SOLE
60885
0
5400
AUTOZONE INC
COM
053332102
1398
1820
SH
SOLE
1405
0
415
BAE SYSTEMS PLC
COM
05523R107
1636
59850
SH
SOLE
59850
0
0
BECTON DICKINSON & CO
COM
075887109
1353
7530
SH
SOLE
5880
0
1650
BERKSHIRE HATHAWAY INC DEL
CL A
084670108
216
1
SH
SOLE
1
0
0
BERKSHIRE HATHAWAY INC DEL
CL B NEW
084670702
5067
35074
SH
SOLE
32424
0
2650
BIOGEN INC
COM
09062X103
836
2672
SH
SOLE
2122
0
550
BLACKROCK INC
COM
09247X101
1055
2910
SH
SOLE
2510
0
400
BLACKSTONE GROUP L P
COM UNIT LTD
09253u108
2056
80517
SH
SOLE
68417
0
12100
BLUE BUFFALO PET PRODS INC
COM
09531u102
296
12450
SH
SOLE
12450
0
0
BOEING CO
COM
097023105
322
2442
SH
SOLE
1342
0
1100
BRISTOL MYERS SQUIBB CO
COM
110122108
4033
74799
SH
SOLE
65499
0
9300
CABOT OIL & GAS CORP
COM
127097103
286
11083
SH
SOLE
11083
0
0
CANADIAN NATL RY CO
COM
136375102
2579
39435
SH
SOLE
33835
0
5600
CARDINAL HEALTH INC
COM
14149Y108
706
9082
SH
SOLE
7482
0
1600
CELGENE CORP
COM
151020104
1451
13880
SH
SOLE
11880
0
2000
CERNER CORP
COM
156782104
232
3750
SH
SOLE
1950
0
1800
CHEVRON CORP NEW
COM
166764100
7801
75795
SH
SOLE
73045
0
2750
CHUBB LIMITED
COM
H1467J104
9238
73524
SH
SOLE
67424
0
6100
CIMAREX ENERGY CO
COM
171798101
451
3358
SH
SOLE
3358
0
0
CISCO SYS INC
COM
17275R102
585
18435
SH
SOLE
8135
0
10300
CLOROX CO DEL
COM
189054109
1013
8090
SH
SOLE
6540
0
1550
COCA COLA CO
COM
191216100
8106
191534
SH
SOLE
179484
0
12050
COLGATE PALMOLIVE CO
COM
194162103
3621
48834
SH
SOLE
40459
0
8375
COMCAST CORP NEW
CL A
20030N101
335
5054
SH
SOLE
654
0
4400
CONCHO RES INC
COM
20605p101
354
2579
SH
SOLE
2579
0
0
CONOCOPHILLIPS
COM
20825c104
1047
24096
SH
SOLE
19246
0
4850
CONSTELLATION BRANDS INC
CL A
21036P108
4668
28040
SH
SOLE
26975
0
1065
COSTCO WHSL CORP NEW
COM
22160K105
2275
14918
SH
SOLE
13068
0
1850
CRACKER BARREL OLD CTRY STOR
COM
22410j106
3386
25610
SH
SOLE
24260
0
1350
CSX CORP
COM
126408103
296
9713
SH
SOLE
7713
0
2000
CVS HEALTH CORP
COM
126650100
2783
31270
SH
SOLE
26495
0
4775
DANAHER CORP DEL
COM
235851102
1658
21145
SH
SOLE
16760
0
4385
DEERE & CO
COM
244199105
572
6702
SH
SOLE
5952
0
750
DELTA AIR LINES INC DEL
COM NEW
247361702
296
7526
SH
SOLE
4276
0
3250
DEVON ENERGY CORP NEW
COM
25179M103
386
8744
SH
SOLE
8744
0
0
DIAGEO P L C
SPON ADR NEW
25243Q205
12162
104810
SH
SOLE
94655
0
10155
DISNEY WALT CO
COM DISNEY
254687106
5243
56459
SH
SOLE
46509
0
9950
DOLLAR GEN CORP NEW
COM
256677105
387
5525
SH
SOLE
3175
0
2350
DOMINION RES INC VA NEW
COM
25746u109
549
7396
SH
SOLE
1096
0
6300
DOW CHEM CO
COM
260543103
1265
24411
SH
SOLE
21011
0
3400
DR PEPPER SNAPPLE GROUP INC
COM
26138e109
742
8130
SH
SOLE
6110
0
2020
DU PONT E I DE NEMOURS & CO
COM
263534109
3214
47996
SH
SOLE
41646
0
6350
DUKE ENERGY CORP NEW
COM NEW
26441C204
1020
12746
SH
SOLE
10346
0
2400
DUPONT PFD B
PFD
263534307
365
3409
SH
SOLE
609
0
2800
EASTMAN CHEM CO
COM
277432100
1384
20443
SH
SOLE
16793
0
3650
EATON CORP PLC
SHS
G29183103
2809
42745
SH
SOLE
35595
0
7150
ENBRIDGE ENERGY PARTNERS L P
COM
29250R106
232
9125
SH
SOLE
6725
0
2400
ENTERGY CORP NEW
COM
29364G103
321
4180
SH
SOLE
4180
0
0
ENTERPRISE PRODS PARTNERS L
COM
293792107
14326
518483
SH
SOLE
485783
0
32700
EOG RES INC
COM
26875p101
2610
26986
SH
SOLE
26386
0
600
EXXON MOBIL CORP
COM
30231g102
11065
126779
SH
SOLE
119629
0
7150
F M C CORP
COM NEW
302491303
237
4898
SH
SOLE
4898
0
0
FACEBOOK INC
CL A
30303M102
398
3103
SH
SOLE
2453
0
650
FEDERAL REALTY INVT TR
SH BEN INT NEW
313747206
881
5725
SH
SOLE
5550
0
175
FEDEX CORP
COM
31428X106
1717
9830
SH
SOLE
7105
0
2725
FOOT LOCKER INC
COM
344849104
223
3300
SH
SOLE
1400
0
1900
FORD MTR CO DEL
COM PAR $0.01
345370860
160
13250
SH
SOLE
2350
0
10900
FORTIVE CORP
COM
34959j108
489
9603
SH
SOLE
7448
0
2155
FREEPORT-MCMORAN INC
CL B
35671d857
170
15685
SH
SOLE
15685
0
0
GENERAL DYNAMICS CORP
COM
369550108
4699
30287
SH
SOLE
29887
0
400
GENERAL ELECTRIC CO
COM
369604103
11265
380330
SH
SOLE
347270
0
33060
GENERAL MLS INC
COM
370334104
1923
30105
SH
SOLE
15955
0
14150
GILEAD SCIENCES INC
COM
375558103
2870
36274
SH
SOLE
30974
0
5300
GLAXOSMITHKLINE PLC
SPONSORED ADR
37733W105
685
15890
SH
SOLE
10640
0
5250
GOLDCORP INC NEW
COM
380956409
298
18012
SH
SOLE
18012
0
0
HAIN CELESTIAL GROUP INC
COM
405217100
236
6633
SH
SOLE
6433
0
200
HERSHEY CO
COM
427866108
390
4075
SH
SOLE
2975
0
1100
HESS CORP
COM
42809H107
708
13212
SH
SOLE
13212
0
0
HOME DEPOT INC
COM
437076102
5797
45048
SH
SOLE
39698
0
5350
HONEYWELL INTL INC
COM
438516106
12004
102960
SH
SOLE
93585
0
9375
ILLUMINA INC
COM
452327109
420
2310
SH
SOLE
1920
0
390
INTEL CORP
COM
458140100
4855
128613
SH
SOLE
112263
0
16350
INTERNATIONAL BUSINESS MACHS
COM
459200101
386
2429
SH
SOLE
2429
0
0
JOHNSON & JOHNSON
COM
478160104
13781
116661
SH
SOLE
103986
0
12675
JOHNSON CTLS INTL PLC
SHS
g51502105
991
21303
SH
SOLE
17169
0
4134
JPMORGAN CHASE & CO
COM
46625H100
10523
158034
SH
SOLE
146234
0
11800
KATY TX ISD
COM
486063BR0
10
10000
PRN
SOLE
10000
0
0
KIMBERLY CLARK CORP
COM
494368103
8462
67086
SH
SOLE
62361
0
4725
KINDER MORGAN INC DEL
COM
49456B101
1256
54285
SH
SOLE
54285
0
0
KRAFT HEINZ CO
COM
500754106
7617
85099
SH
SOLE
81383
0
3716
LAUDER ESTEE COS INC
CL A
518439104
889
10041
SH
SOLE
10041
0
0
LENNAR CORP
CL A
526057104
204
4825
SH
SOLE
4825
0
0
LILLY ELI & CO
COM
532457108
7275
90642
SH
SOLE
82642
0
8000
LOCKHEED MARTIN CORP
COM
539830109
7012
29252
SH
SOLE
27207
0
2045
LOWES COS INC
COM
548661107
2253
31201
SH
SOLE
24801
0
6400
LVMH MOET HENNESSY LOUIS VITTO
COM
502441306
772
22725
SH
SOLE
17900
0
4825
LYONDELLBASELL INDUSTRIES N
SHS - A -
n53745100
362
4490
SH
SOLE
4490
0
0
MAGELLAN MIDSTREAM PRTNRS LP
COM UNIT RP LP
559080106
10067
142312
SH
SOLE
134412
0
7900
MAGNA INTL INC
COM
559222401
275
6400
SH
SOLE
0
0
6400
MAIN STREET CAPITAL CORP
COM
56035L104
267
7775
SH
SOLE
7775
0
0
MARATHON PETE CORP
COM
56585a102
471
11608
SH
SOLE
6908
0
4700
MASTERCARD INCORPORATED
CL A
57636q104
1059
10409
SH
SOLE
7084
0
3325
MCDONALDS CORP
COM
580135101
1475
12790
SH
SOLE
12790
0
0
MCKESSON CORP
COM
58155Q103
755
4525
SH
SOLE
3550
0
975
MEDTRONIC PLC
SHS
G5960L103
792
9170
SH
SOLE
6670
0
2500
MERCK & CO INC
COM
58933y105
7153
114617
SH
SOLE
105017
0
9600
METLIFE INC
COM
59156r108
240
5400
SH
SOLE
200
0
5200
MICROSOFT CORP
COM
594918104
1757
30500
SH
SOLE
26050
0
4450
MOLSON COORS BREWING CO
CL B
60871R209
1287
11725
SH
SOLE
11725
0
0
MONDELEZ INTL INC
CL A
609207105
3107
70765
SH
SOLE
61915
0
8850
NATIONAL GRID PLC
SPON ADR NEW
636274300
663
9328
SH
SOLE
7828
0
1500
NESTLE
COM
641069406
9482
119993
SH
SOLE
109143
0
10850
NEXTERA ENERGY INC
COM
65339F101
3180
25994
SH
SOLE
25994
0
0
NIKE INC
CL B
654106103
2428
46112
SH
SOLE
35162
0
10950
NOBLE ENERGY INC
COM
655044105
369
10330
SH
SOLE
10330
0
0
NORFOLK SOUTHERN CORP
COM
655844108
2248
23163
SH
SOLE
21963
0
1200
NORTHROP GRUMMAN CORP
COM
666807102
431
2015
SH
SOLE
1415
0
600
NOVARTIS A G
SPONSORED ADR
66987V109
1962
24854
SH
SOLE
19204
0
5650
O REILLY AUTOMOTIVE INC NEW
COM
67103H107
1753
6260
SH
SOLE
5310
0
950
OCCIDENTAL PETE CORP DEL
COM
674599105
5191
71194
SH
SOLE
69244
0
1950
ONEOK INC NEW
COM
682680103
4101
79800
SH
SOLE
76800
0
3000
ONEOK PARTNERS LP
UNIT LTD PARTN
68268n103
892
22340
SH
SOLE
22340
0
0
PEPSICO INC
COM
713448108
14906
137040
SH
SOLE
122890
0
14150
PFIZER INC
COM
717081103
8407
248205
SH
SOLE
230855
0
17350
PHILIP MORRIS INTL INC
COM
718172109
3627
37305
SH
SOLE
36405
0
900
PHILLIPS 66
COM
718546104
463
5750
SH
SOLE
5750
0
0
PIONEER NAT RES CO
COM
723787107
483
2604
SH
SOLE
2304
0
300
PLAINS ALL AMERN PIPELINE L
UNIT LTD PARTN
726503105
2844
90542
SH
SOLE
79142
0
11400
PNC FINL SVCS GROUP INC
COM
693475105
3928
43597
SH
SOLE
39097
0
4500
POWERSHARES ETF TRUST II
CEF INC COMPST
73936q843
1316
57675
SH
SOLE
57675
0
0
POWERSHARES QQQ TRUST
UNIT SER 1
73935a104
4160
35040
SH
SOLE
35040
0
0
PPL CORP
COM
69351t106
1911
55275
SH
SOLE
53025
0
2250
PRICE T ROWE GROUP INC
COM
74144t108
884
13295
SH
SOLE
10145
0
3150
PROCTER AND GAMBLE CO
COM
742718109
11492
128044
SH
SOLE
117095
0
10949
PROSPERITY BANCSHARES INC
COM
743606105
327
5950
SH
SOLE
5950
0
0
PUBLIC STORAGE
COM
74460D109
2799
12542
SH
SOLE
12542
0
0
QUALCOMM INC
COM
747525103
3758
54865
SH
SOLE
40265
0
14600
RANGE RES CORP
COM
75281a109
218
5626
SH
SOLE
5626
0
0
RAYMOND JAMES FINL 6.9%
PFD
754730208
228
8800
SH
SOLE
0
0
8800
RAYTHEON CO
COM NEW
755111507
5845
42935
SH
SOLE
39585
0
3350
REALTY INCOME CORP
COM
756109104
1401
20925
SH
SOLE
20925
0
0
REGENERON PHARMACEUTICALS
COM
75886f107
5067
12605
SH
SOLE
11655
0
950
ROCKY MOUNTAIN HIGH BRANDS
COM
77471r108
0
15000
SH
SOLE
15000
0
0
ROYAL DUTCH SHELL PLC
SPONS ADR A
780259206
2473
49395
SH
SOLE
49395
0
0
SANOFI
SPONSORED ADR
80105N105
2388
62535
SH
SOLE
55035
0
7500
SILVER WHEATON CORP
COM
828336107
1077
39856
SH
SOLE
39856
0
0
SM ENERGY CO
COM
78454l100
281
7274
SH
SOLE
7274
0
0
SMUCKER J M CO
COM NEW
832696405
920
6790
SH
SOLE
6790
0
0
SOUTHWEST AIRLS CO
COM
844741108
289
7425
SH
SOLE
5225
0
2200
SPDR S&P 500 ETF TR
TR UNIT
78462F103
1544
7140
SH
SOLE
7140
0
0
SPDR SERIES TRUST
S&P REGL BKG
78464a698
421
9950
SH
SOLE
5950
0
4000
SPECTRA ENERGY CORP
COM
847560109
233
5455
SH
SOLE
1855
0
3600
STARBUCKS CORP
COM
855244109
634
11702
SH
SOLE
10352
0
1350
SUNOCO LOGISTICS PRTNRS L P
COM UNITS
86764L108
790
27815
SH
SOLE
27815
0
0
SUNOCO LP
COM U REP LP
86765k109
330
11362
SH
SOLE
11362
0
0
SYSCO CORP
COM
871829107
1486
30325
SH
SOLE
26025
0
4300
TARGA RES CORP
COM
87612g101
256
5209
SH
SOLE
5209
0
0
TARGET CORP
COM
87612E106
346
5035
SH
SOLE
3035
0
2000
TEVA PHARMACEUTICAL INDS LTD
ADR
881624209
306
6640
SH
SOLE
6640
0
0
TEXAS INSTRS INC
COM
882508104
258
3683
SH
SOLE
3683
0
0
THERMO FISHER SCIENTIFIC INC
COM
883556102
713
4485
SH
SOLE
2835
0
1650
TIME WARNER INC
COM NEW
887317303
3105
39000
SH
SOLE
31750
0
7250
TJX COS INC NEW
COM
872540109
340
4550
SH
SOLE
2850
0
1700
TRAVELERS COMPANIES INC
COM
89417E109
1768
15435
SH
SOLE
15435
0
0
UNILEVER N V
N Y SHS NEW
904784709
2444
53005
SH
SOLE
41505
0
11500
UNION PAC CORP
COM
907818108
4862
49850
SH
SOLE
43900
0
5950
UNITED TECHNOLOGIES CORP
COM
913017109
6771
66640
SH
SOLE
61540
0
5100
UNITEDHEALTH GROUP INC
COM
91324p102
427
3050
SH
SOLE
1350
0
1700
US BANCORP DEL
COM NEW
902973304
620
14450
SH
SOLE
9750
0
4700
V F CORP
COM
918204108
3651
65139
SH
SOLE
60114
0
5025
VALERO ENERGY CORP NEW
COM
91913Y100
1169
22053
SH
SOLE
17253
0
4800
VALMONT INDS INC
COM
920253101
205
1524
SH
SOLE
1524
0
0
VARIAN MED SYS INC
COM
92220P105
982
9863
SH
SOLE
8063
0
1800
VENTAS INC
COM
92276f100
3783
53555
SH
SOLE
52155
0
1400
VERIZON COMMUNICATIONS INC
COM
92343v104
5530
106381
SH
SOLE
97031
0
9350
VISA INC
COM CL A
92826c839
997
12050
SH
SOLE
7450
0
4600
WALGREENS BOOTS ALLIANCE INC
COM
931427108
3358
41657
SH
SOLE
35032
0
6625
WASTE MGMT INC DEL
COM
94106l109
309
4850
SH
SOLE
900
0
3950
WEINGARTEN RLTY INVS
SH BEN INT
948741103
387
9933
SH
SOLE
9933
0
0
WELLS FARGO & CO NEW
COM
949746101
9261
209148
SH
SOLE
193173
0
15975
WELLS FARGO & CO NEW
PERP PFD CNV A
949746804
301
230
SH
SOLE
230
0
0
WELLTOWER INC
COM
95040q104
2200
29430
SH
SOLE
29030
0
400
WEYERHAEUSER CO
COM
962166104
1771
55456
SH
SOLE
44756
0
10700
WHITEWAVE FOODS CO
COM
966244105
601
11035
SH
SOLE
7485
0
3550
WILLIAMS COS INC DEL
COM
969457100
831
27028
SH
SOLE
23728
0
3300
XILINX INC
COM
983919101
1207
22217
SH
SOLE
17367
0
4850
XYLEM INC
COM
98419m100
227
4330
SH
SOLE
4330
0
0
YAHOO INC
COM
984332106
382
8860
SH
SOLE
6160
0
2700
YAMANA GOLD INC
COM
98462y100
56
13064
SH
SOLE
13064
0
0
YUM BRANDS INC
COM
988498101
5754
63366
SH
SOLE
58316
0
5050
ZOETIS INC
CL A
98978v103
1131
21745
SH
SOLE
17345
0
4400
ZURICH INSURANCE GROUP
COM
989825104
4007
155375
SH
SOLE
147875
0
7500