0000950123-11-097594.txt : 20111110 0000950123-11-097594.hdr.sgml : 20111110 20111110163205 ACCESSION NUMBER: 0000950123-11-097594 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111110 DATE AS OF CHANGE: 20111110 EFFECTIVENESS DATE: 20111110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TCTC Holdings, LLC CENTRAL INDEX KEY: 0001483870 IRS NUMBER: 800500233 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13830 FILM NUMBER: 111195806 BUSINESS ADDRESS: STREET 1: 2626 COLE AVENUE STREET 2: SUITE 705 CITY: DALLAS STATE: TX ZIP: 75204 BUSINESS PHONE: 2144680104 MAIL ADDRESS: STREET 1: 2626 COLE AVENUE STREET 2: SUITE 705 CITY: DALLAS STATE: TX ZIP: 75204 13F-HR 1 c24580e13fvhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F Form 13F Cover Page Report for the Calendar Year or Quarter Ended: September 30, 2011 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: TCTC Holdings, LLC Address: 2626 Cole Avenue Suite 705 Dallas, Texas 75204 Form 13F File Number: 028-13830 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: Sarah Heimbach Title: Chief Compliance Officer Phone: (214) 468-0100 Signature, Place, and Date of Signing: /s/ Sarah Heimbach Dallas, TX November 10, 2011 --------------------------------- --------------- -------------------- (Signature) (City, State) (Date) Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 213 Form 13F Information Table Value Total: 1,015,941 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 028-12874 Turtle Creek Management, LLC 2 028-13831 Turtle Creek Trust Company Explanatory Note: Turtle Creek Management, LLC ("TCM") and Turtle Creek Trust Company ("TCT Co") hereby advise that TCTC Holdings, LLC may be deemed to have investment discretion for both TCM and TCT Co, for purposes of Rule 13f-1(b) of the Securities Exchange Act of 1934, over certain 13(f) securities for which TCM and TCT Co exercise direct control. FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- ------------------- ---------- -------- ------------------------- VOTING AUTHORITY TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------- NAME OF ISSUER CLASS CUSIP (X1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- 3M CO COM 88579Y101 1,262 17,584 SH DEFINED 1 17,584 3M CO COM 88579Y101 7,179 100,000 SH DEFINED 2 100,000 ABBOTT LABS COM 002824100 3,075 60,123 SH DEFINED 1 60,123 ABBOTT LABS COM 002824100 1,514 29,600 SH DEFINED 2 29,600 ABM INDS INC COM 000957100 206 10,800 SH DEFINED 1 10,800 AFLAC INC COM 001055102 1,429 40,900 SH DEFINED 1 40,900 AFLAC INC COM 001055102 11,481 328,500 SH DEFINED 2 328,500 AIR PRODS & CHEMS INC COM 009158106 234 3,062 SH DEFINED 1 3,062 ALLERGAN INC COM 018490102 1,045 12,684 SH DEFINED 1 12,684 ALTRIA GROUP INC COM 02209S103 1,086 40,499 SH DEFINED 1 40,499 ALTRIA GROUP INC COM 02209S103 8,928 333,000 SH DEFINED 2 333,000 AMAZON COM INC COM 023135106 434 2,008 SH DEFINED 1 2,008 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 3,701 167,634 SH DEFINED 1 167,634 AMERICAN EXPRESS CO COM 025816109 238 5,290 SH DEFINED 1 5,290 AMGEN INC COM 031162100 974 17,725 SH DEFINED 1 17,725 ANADARKO PETE CORP COM 032511107 1,705 27,042 SH DEFINED 1 27,042 AON CORP COM 037389103 5,038 120,000 SH DEFINED 2 120,000 APACHE CORP COM 037411105 460 5,735 SH DEFINED 1 5,735 APPLE INC COM 037833100 898 2,354 SH DEFINED 1 2,354 AT&T INC COM 00206R102 3,826 134,168 SH DEFINED 1 134,168 AT&T INC COM 00206R102 5,875 206,000 SH DEFINED 2 206,000 ATMOS ENERGY CORP COM 049560105 393 12,100 SH DEFINED 1 12,100 AUTOMATIC DATA PROCESSING IN COM 053015103 2,383 50,536 SH DEFINED 1 50,536 AUTOMATIC DATA PROCESSING IN COM 053015103 1,811 38,400 SH DEFINED 2 38,400 BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 85 10,400 SH DEFINED 1 10,400 BANK OF AMERICA CORPORATION COM 060505104 469 76,660 SH DEFINED 1 76,660 BANK OF AMERICA CORPORATION COM 060505104 2,570 420,000 SH DEFINED 2 420,000 BAYTEX ENERGY CORP COM 07317Q105 491 11,775 SH DEFINED 1 11,775 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 7,054 99,298 SH DEFINED 1 99,298 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 7,012 98,700 SH DEFINED 2 98,700 BP PLC SPONSORED ADR 055622104 822 22,794 SH DEFINED 1 22,794 BP PLC SPONSORED ADR 055622104 36 1,000 SH DEFINED 2 1,000 BRISTOL MYERS SQUIBB CO COM 110122108 115 3,680 SH DEFINED 1 3,680 BRISTOL MYERS SQUIBB CO COM 110122108 9,414 300,000 SH DEFINED 2 300,000 CA INC COM 12673P105 8,152 420,000 SH DEFINED 2 420,000 CAMERON INTERNATIONAL CORP COM 13342B105 2,162 52,050 SH DEFINED 1 52,050 CAMERON INTERNATIONAL CORP COM 13342B105 2,820 67,880 SH DEFINED 2 67,880 CARBO CERAMICS INC COM 140781105 1,038 10,120 SH DEFINED 1 10,120 CHESAPEAKE ENERGY CORP COM 165167107 211 8,250 SH DEFINED 1 8,250 CHEVRON CORP NEW COM 166764100 425 4,585 SH DEFINED 1 4,585 CHUBB CORP COM 171232101 2,378 39,644 SH DEFINED 1 39,644 CHUBB CORP COM 171232101 21,524 358,800 SH DEFINED 2 358,800 CISCO SYS INC COM 17275R102 3,327 214,652 SH DEFINED 1 214,652 CISCO SYS INC COM 17275R102 310 20,000 SH DEFINED 2 20,000
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- ------------------- ---------- -------- ------------------------- VOTING AUTHORITY TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------- NAME OF ISSUER CLASS CUSIP (X1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- COCA COLA CO COM 191216100 932 13,797 SH DEFINED 1 13,797 COCA COLA CO COM 191216100 3,485 51,588 SH DEFINED 2 51,588 COLGATE PALMOLIVE CO COM 194162103 402 4,533 SH DEFINED 1 4,533 COMCAST CORP NEW CL A 20030N101 140 6,672 SH DEFINED 1 6,672 COMCAST CORP NEW CL A 20030N101 3,492 166,900 SH DEFINED 2 166,900 CONOCOPHILLIPS COM 20825C104 2,659 41,986 SH DEFINED 1 41,986 CONOCOPHILLIPS COM 20825C104 15,640 247,000 SH DEFINED 2 247,000 COSTCO WHSL CORP NEW COM 22160K105 1,779 21,660 SH DEFINED 1 21,660 COSTCO WHSL CORP NEW COM 22160K105 3,755 45,725 SH DEFINED 2 45,725 CULLEN FROST BANKERS INC COM 229899109 2,922 63,710 SH DEFINED 1 63,710 CULLEN FROST BANKERS INC COM 229899109 3,646 79,500 SH DEFINED 2 79,500 CUSHING MLP TOTAL RETURN FD COM SHS 231631102 3,990 456,484 SH DEFINED 1 456,484 CUSHING MLP TOTAL RETURN FD COM SHS 231631102 105 12,000 SH DEFINED 2 12,000 CVS CAREMARK CORPORATION COM 126650100 3,342 99,501 SH DEFINED 1 99,501 DELL INC COM 24702R101 440 31,130 SH DEFINED 1 31,130 DELL INC COM 24702R101 6,746 477,113 SH DEFINED 2 477,113 DEVON ENERGY CORP NEW COM 25179M103 3,936 70,989 SH DEFINED 1 70,989 DEVON ENERGY CORP NEW COM 25179M103 1,974 35,600 SH DEFINED 2 35,600 DIAGEO P L C SPON ADR NEW 25243Q205 1,453 19,140 SH DEFINED 1 19,140 DIAGEO P L C SPON ADR NEW 25243Q205 3,216 42,350 SH DEFINED 2 42,350 DISNEY WALT CO COM DISNEY 254687106 242 8,013 SH DEFINED 1 8,013 DOMINION RES INC VA NEW COM 25746U109 794 15,642 SH DEFINED 1 15,642 DR PEPPER SNAPPLE GROUP INC COM 26138E109 668 17,214 SH DEFINED 1 17,214 DUKE REALTY CORP COM NEW 264411505 617 58,804 SH DEFINED 1 58,804 EBAY INC COM 278642103 2,661 90,250 SH DEFINED 1 90,250 EBAY INC COM 278642103 3,405 115,475 SH DEFINED 2 115,475 ECOLAB INC COM 278865100 628 12,850 SH DEFINED 2 12,850 EL PASO CORP COM 28336L109 874 50,007 SH DEFINED 1 50,007 EL PASO CORP COM 28336L109 6,293 360,000 SH DEFINED 2 360,000 EMERSON ELEC CO COM 291011104 4,393 106,351 SH DEFINED 1 106,351 EMERSON ELEC CO COM 291011104 413 10,000 SH DEFINED 2 10,000 ENDO PHARMACEUTICALS HLDGS I COM 29264F205 3,648 130,333 SH DEFINED 1 130,333 ENDO PHARMACEUTICALS HLDGS I COM 29264F205 336 12,000 SH DEFINED 2 12,000 ENTERGY CORP NEW COM 29364G103 539 8,125 SH DEFINED 1 8,125 EOG RES INC COM 26875P101 7 100 SH DEFINED 1 100 EOG RES INC COM 26875P101 263 3,700 SH DEFINED 2 3,700 EVEREST RE GROUP LTD COM G3223R108 286 3,600 SH DEFINED 1 3,600 EVEREST RE GROUP LTD COM G3223R108 4,826 60,800 SH DEFINED 2 60,800 EXXON MOBIL CORP COM 30231G102 7,776 107,059 SH DEFINED 1 107,059 EXXON MOBIL CORP COM 30231G102 2,931 40,359 SH DEFINED 2 40,359 FEI CO COM 30241L109 737 24,616 SH DEFINED 1 24,616 FLUOR CORP NEW COM 343412102 3,957 85,011 SH DEFINED 1 85,011 FLUOR CORP NEW COM 343412102 7,797 167,500 SH DEFINED 2 167,500 FORD MTR CO DEL COM PAR $0.01 345370860 97 10,000 SH DEFINED 1 10,000 GASTAR EXPL LTD COM NEW 367299203 60 20,000 SH DEFINED 1 20,000 GENERAL ELECTRIC CO COM 369604103 2,638 173,301 SH DEFINED 1 173,301 GENERAL ELECTRIC CO COM 369604103 9,102 598,000 SH DEFINED 2 598,000 GENUINE PARTS CO COM 372460105 208 4,100 SH DEFINED 1 4,100 GOLDMAN SACHS GROUP INC COM 38141G104 267 2,825 SH DEFINED 1 2,825
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- ------------------- ---------- -------- ------------------------- VOTING AUTHORITY TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------- NAME OF ISSUER CLASS CUSIP (X1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- GOOGLE INC CL A 38259P508 396 769 SH DEFINED 1 769 GRAINGER W W INC COM 384802104 632 4,225 SH DEFINED 2 4,225 HEADWATERS INC COM 42210P102 77 53,340 SH DEFINED 1 53,340 HELIX ENERGY SOLUTIONS GRP I COM 42330P107 3,459 264,067 SH DEFINED 1 264,067 HELIX ENERGY SOLUTIONS GRP I COM 42330P107 589 45,000 SH DEFINED 2 45,000 HEWLETT PACKARD CO COM 428236103 267 11,891 SH DEFINED 1 11,891 HOLLYFRONTIER CORP COM 436106108 17,203 656,100 SH DEFINED 1 656,100 HOLLYFRONTIER CORP COM 436106108 357,769 13,644,898 SH DEFINED 2 13,644,898 INTEL CORP COM 458140100 3,677 172,348 SH DEFINED 1 172,348 INTEL CORP COM 458140100 8,775 411,300 SH DEFINED 2 411,300 INTERNATIONAL BUSINESS MACHS COM 459200101 3,367 19,254 SH DEFINED 1 19,254 INTERNATIONAL BUSINESS MACHS COM 459200101 62,411 356,900 SH DEFINED 2 356,900 INTUITIVE SURGICAL INC COM NEW 46120E602 271 745 SH DEFINED 1 745 ISHARES INC MSCI JAPAN 464286848 307 32,400 SH DEFINED 1 32,400 ISHARES INC MSCI PAC J IDX 464286665 1,805 49,093 SH DEFINED 1 49,093 ISHARES INC MSCI PAC J IDX 464286665 92 2,500 SH DEFINED 2 2,500 ISHARES TR BARCLYS 1-3YR CR 464288646 8,265 79,485 SH DEFINED 1 79,485 ISHARES TR BARCLYS 1-3YR CR 464288646 582 5,600 SH DEFINED 2 5,600 ISHARES TR BARCLYS TIPS BD 464287176 457 4,000 SH DEFINED 1 4,000 ISHARES TR BARCLYS TIPS BD 464287176 110 960 SH DEFINED 2 960 ISHARES TR FTSE CHINA25 IDX 464287184 1,922 62,345 SH DEFINED 1 62,345 ISHARES TR FTSE CHINA25 IDX 464287184 31 1,000 SH DEFINED 2 1,000 ISHARES TR MSCI EAFE INDEX 464287465 425 8,904 SH DEFINED 1 8,904 ISHARES TR MSCI EMERG MKT 464287234 1,263 35,992 SH DEFINED 1 35,992 ISHARES TR RUSL 2000 VALU 464287630 345 6,052 SH DEFINED 1 6,052 ISHARES TR S&P SMLCAP 600 464287804 346 5,910 SH DEFINED 1 5,910 JOHNSON & JOHNSON COM 478160104 2,454 38,528 SH DEFINED 1 38,528 JOHNSON & JOHNSON COM 478160104 2,294 36,015 SH DEFINED 2 36,015 JOS A BANK CLOTHIERS INC COM 480838101 1,067 22,872 SH DEFINED 1 22,872 JPMORGAN CHASE & CO COM 46625H100 2,048 68,002 SH DEFINED 1 68,002 JPMORGAN CHASE & CO COM 46625H100 9,096 302,000 SH DEFINED 2 302,000 KAYNE ANDERSON MLP INVSMNT C COM 486606106 167 6,000 SH DEFINED 1 6,000 KAYNE ANDERSON MLP INVSMNT C COM 486606106 111 4,000 SH DEFINED 2 4,000 KIMBERLY CLARK CORP COM 494368103 208 2,935 SH DEFINED 1 2,935 KRAFT FOODS INC CL A 50075N104 639 19,041 SH DEFINED 1 19,041 KRAFT FOODS INC CL A 50075N104 6,105 181,798 SH DEFINED 2 181,798 L-3 COMMUNICATIONS HLDGS INC COM 502424104 1,603 25,874 SH DEFINED 1 25,874 L-3 COMMUNICATIONS HLDGS INC COM 502424104 1,035 16,700 SH DEFINED 2 16,700 LIBERTY GLOBAL INC COM SER C 530555309 339 9,800 SH DEFINED 2 9,800 LIBERTY MEDIA CORP NEW INT COM SER A 53071M104 51 3,450 SH DEFINED 1 3,450 LIBERTY MEDIA CORP NEW INT COM SER A 53071M104 1,766 119,675 SH DEFINED 2 119,675 LOWES COS INC COM 548661107 3,206 165,778 SH DEFINED 1 165,778 LOWES COS INC COM 548661107 97 5,000 SH DEFINED 2 5,000 MARATHON PETE CORP COM 56585A102 2,096 77,475 SH DEFINED 1 77,475 MARATHON PETE CORP COM 56585A102 284 10,500 SH DEFINED 2 10,500 MAXIM INTEGRATED PRODS INC COM 57772K101 1,064 45,611 SH DEFINED 1 45,611 MCDONALDS CORP COM 580135101 295 3,356 SH DEFINED 1 3,356 MEDTRONIC INC COM 585055106 2,177 65,498 SH DEFINED 1 65,498 MERCK & CO INC NEW COM 58933Y105 617 18,867 SH DEFINED 1 18,867
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- ------------------- ---------- -------- ------------------------- VOTING AUTHORITY TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------- NAME OF ISSUER CLASS CUSIP (X1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- MERCK & CO INC NEW COM 58933Y105 4,578 140,000 SH DEFINED 2 140,000 MICROSOFT CORP COM 594918104 4,199 168,712 SH DEFINED 1 168,712 MICROSOFT CORP COM 594918104 9,772 392,600 SH DEFINED 2 392,600 NEXTERA ENERGY INC COM 65339F101 3,592 66,500 SH DEFINED 1 66,500 NEXTERA ENERGY INC COM 65339F101 1,761 32,600 SH DEFINED 2 32,600 NOVARTIS A G SPONSORED ADR 66987V109 4,078 73,117 SH DEFINED 1 73,117 NOVARTIS A G SPONSORED ADR 66987V109 19,812 355,250 SH DEFINED 2 355,250 OCCIDENTAL PETE CORP DEL COM 674599105 3,342 46,739 SH DEFINED 1 46,739 OCCIDENTAL PETE CORP DEL COM 674599105 8,966 125,400 SH DEFINED 2 125,400 OLD REP INTL CORP COM 680223104 1,003 112,500 SH DEFINED 1 112,500 OLD REP INTL CORP COM 680223104 6,223 697,628 SH DEFINED 2 697,628 ONLINE RES CORP COM 68273G101 447 175,100 SH DEFINED 1 175,100 PEPSICO INC COM 713448108 3,173 51,256 SH DEFINED 1 51,256 PEPSICO INC COM 713448108 9,696 156,635 SH DEFINED 2 156,635 PFIZER INC COM 717081103 3,522 199,214 SH DEFINED 1 199,214 PFIZER INC COM 717081103 15,046 851,000 SH DEFINED 2 851,000 PHILIP MORRIS INTL INC COM 718172109 917 14,705 SH DEFINED 1 14,705 PHILIP MORRIS INTL INC COM 718172109 10,274 164,700 SH DEFINED 2 164,700 PRAXAIR INC COM 74005P104 3,278 35,067 SH DEFINED 1 35,067 PRAXAIR INC COM 74005P104 10,844 116,000 SH DEFINED 2 116,000 PRICE T ROWE GROUP INC COM 74144T108 4,285 89,692 SH DEFINED 1 89,692 PRICE T ROWE GROUP INC COM 74144T108 478 10,000 SH DEFINED 2 10,000 PROCTER & GAMBLE CO COM 742718109 2,638 41,753 SH DEFINED 1 41,753 PROCTER & GAMBLE CO COM 742718109 720 11,391 SH DEFINED 2 11,391 QUALCOMM INC COM 747525103 258 5,305 SH DEFINED 1 5,305 REGIONS FINANCIAL CORP NEW COM 7591EP100 33 10,000 SH DEFINED 1 10,000 REGIONS FINANCIAL CORP NEW COM 7591EP100 398 119,610 SH DEFINED 2 119,610 RENAISSANCERE HOLDINGS LTD COM G7496G103 9,570 150,000 SH DEFINED 2 150,000 RETRACTABLE TECHNOLOGIES INC COM 76129W105 24 18,000 SH DEFINED 1 18,000 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 231 3,760 SH DEFINED 1 3,760 SALESFORCE COM INC COM 79466L302 281 2,455 SH DEFINED 1 2,455 SCHLUMBERGER LTD COM 806857108 1,639 27,441 SH DEFINED 1 27,441 SCHLUMBERGER LTD COM 806857108 299 5,000 SH DEFINED 2 5,000 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 245 4,180 SH DEFINED 1 4,180 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 400 11,900 SH DEFINED 1 11,900 SERVICE CORP INTL COM 817565104 321 35,000 SH DEFINED 1 35,000 SONOCO PRODS CO COM 835495102 203 7,200 SH DEFINED 1 7,200 SOUTHERN CO COM 842587107 494 11,650 SH DEFINED 1 11,650 SOUTHWEST AIRLS CO COM 844741108 1,269 157,804 SH DEFINED 1 157,804 SOUTHWESTERN ENERGY CO COM 845467109 319 9,570 SH DEFINED 1 9,570 STRYKER CORP COM 863667101 1,059 22,467 SH DEFINED 1 22,467 SYSCO CORP COM 871829107 1,430 55,199 SH DEFINED 1 55,199 TARGET CORP COM 87612E106 2,024 41,282 SH DEFINED 1 41,282 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 4,527 121,630 SH DEFINED 1 121,630 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 2,371 63,700 SH DEFINED 2 63,700 TEXAS INSTRS INC COM 882508104 983 36,895 SH DEFINED 1 36,895 TEXAS INSTRS INC COM 882508104 187 7,000 SH DEFINED 2 7,000 TIFFANY & CO NEW COM 886547108 984 16,182 SH DEFINED 1 16,182 TYLER TECHNOLOGIES INC COM 902252105 253 10,000 SH DEFINED 1 10,000
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ---------------- --------- -------- ------------------- ---------- -------- ------------------------- VOTING AUTHORITY TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------- NAME OF ISSUER CLASS CUSIP (X1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ---------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- UNITED PARCEL SERVICE INC CL B 911312106 1,054 16,688 SH DEFINED 1 16,688 UNITED TECHNOLOGIES CORP COM 913017109 1,684 23,930 SH DEFINED 1 23,930 US BANCORP DEL COM NEW 902973304 96 4,075 SH DEFINED 1 4,075 US BANCORP DEL COM NEW 902973304 1,864 79,190 SH DEFINED 2 79,190 VALERO ENERGY CORP NEW COM 91913Y100 152 8,575 SH DEFINED 1 8,575 VALERO ENERGY CORP NEW COM 91913Y100 533 30,000 SH DEFINED 2 30,000 VERIZON COMMUNICATIONS INC COM 92343V104 759 20,617 SH DEFINED 1 20,617 VISA INC COM CL A 92826C839 261 3,045 SH DEFINED 1 3,045 VULCAN MATLS CO COM 929160109 563 20,425 SH DEFINED 2 20,425 WAL MART STORES INC COM 931142103 2,259 43,524 SH DEFINED 1 43,524 WAL MART STORES INC COM 931142103 3,369 64,910 SH DEFINED 2 64,910 WALGREEN CO COM 931422109 164 4,975 SH DEFINED 1 4,975 WALGREEN CO COM 931422109 11,494 349,475 SH DEFINED 2 349,475 WASTE MGMT INC DEL COM 94106L109 4,566 140,225 SH DEFINED 1 140,225 WASTE MGMT INC DEL COM 94106L109 16,201 497,575 SH DEFINED 2 497,575 WEATHERFORD INTERNATIONAL LT REG SHS H27013103 2,546 208,493 SH DEFINED 1 208,493 WEATHERFORD INTERNATIONAL LT REG SHS H27013103 525 43,000 SH DEFINED 2 43,000 WESTERN UN CO COM 959802109 1,512 98,915 SH DEFINED 1 98,915 WESTERN UN CO COM 959802109 4,587 300,000 SH DEFINED 2 300,000 WILLIAMS COS INC DEL COM 969457100 3,118 128,100 SH DEFINED 1 128,100 WILLIAMS COS INC DEL COM 969457100 16,111 661,900 SH DEFINED 2 661,900 ZIMMER HLDGS INC COM 98956P102 308 5,750 SH DEFINED 1 5,750