0001085146-15-001104.txt : 20150511
0001085146-15-001104.hdr.sgml : 20150511
20150511170432
ACCESSION NUMBER: 0001085146-15-001104
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20150331
FILED AS OF DATE: 20150511
DATE AS OF CHANGE: 20150511
EFFECTIVENESS DATE: 20150511
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: 15851658
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
true
false
0001030618
XXXXXXXX
03-31-2015
03-31-2015
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
05-08-2015
0
201
534986
INFORMATION TABLE
2
form13fInfoTable.xml
DESCRIPTION FOR INFORMATION TABLE
3M CO
COM
88579Y101
927
5619
SH
SOLE
5619
0
0
ABBOTT LABS
COM
002824100
881
19018
SH
SOLE
12518
0
6500
ABBVIE INC
COM
00287y109
1677
28639
SH
SOLE
22539
0
6100
AGILENT TECHNOLOGIES INC
COM
00846u101
208
5000
SH
SOLE
0
0
5000
AIR PRODS & CHEMS INC
COM
009158106
532
3515
SH
SOLE
1815
0
1700
ALTERA CORP
COM
021441100
599
13950
SH
SOLE
3250
0
10700
ALTRIA GROUP INC
COM
02209S103
1599
31975
SH
SOLE
31975
0
0
AMAZON COM INC
COM
023135106
744
2000
SH
SOLE
1450
0
550
AMERICAN ELEC PWR INC
COM
025537101
233
4150
SH
SOLE
4150
0
0
AMERICAN EXPRESS CO
COM
025816109
2106
26955
SH
SOLE
21555
0
5400
ANADARKO PETE CORP
COM
032511107
6073
73332
SH
SOLE
69582
0
3750
ANALOG DEVICES INC
COM
032654105
3458
54890
SH
SOLE
46940
0
7950
ANHEUSER BUSCH INBEV SA/NV
SPONSORED ADR
03524A108
1573
12905
SH
SOLE
11205
0
1700
APPLE INC
COM
037833100
15059
121023
SH
SOLE
112823
0
8200
APPLIED MATLS INC
COM
038222105
203
9000
SH
SOLE
0
0
9000
ASTRAZENECA PLC
SPONSORED ADR
046353108
4195
61310
SH
SOLE
59400
0
1910
AT&T INC
COM
00206r102
3797
116309
SH
SOLE
110909
0
5400
BAE SYSTEMS PLC
COM
05523R107
1773
57275
SH
SOLE
57275
0
0
BERKSHIRE HATHAWAY INC DEL
CL A
084670108
217
1
SH
SOLE
1
0
0
BERKSHIRE HATHAWAY INC DEL
CL B NEW
084670702
5432
37639
SH
SOLE
34989
0
2650
BIOGEN INC
COM
09062X103
657
1555
SH
SOLE
1455
0
100
BLACKROCK INC
COM
09247X101
889
2430
SH
SOLE
2230
0
200
BLACKSTONE GROUP L P
COM UNIT LTD
09253u108
5144
132260
SH
SOLE
122160
0
10100
BOEING CO
COM
097023105
316
2108
SH
SOLE
1008
0
1100
BRISTOL MYERS SQUIBB CO
COM
110122108
4610
71478
SH
SOLE
61928
0
9550
CABOT OIL & GAS CORP
COM
127097103
226
7659
SH
SOLE
7659
0
0
CANADIAN NATL RY CO
COM
136375102
3274
48962
SH
SOLE
41962
0
7000
CARDINAL HEALTH INC
COM
14149Y108
1078
11942
SH
SOLE
9692
0
2250
CARRIZO OIL & GAS INC
COM
144577103
212
4275
SH
SOLE
4275
0
0
CATERPILLAR INC DEL
COM
149123101
315
3940
SH
SOLE
3940
0
0
CELGENE CORP
COM
151020104
810
7030
SH
SOLE
7030
0
0
CHEVRON CORP NEW
COM
166764100
10559
100586
SH
SOLE
95586
0
5000
CIMAREX ENERGY CO
COM
171798101
233
2025
SH
SOLE
2025
0
0
CISCO SYS INC
COM
17275R102
474
17225
SH
SOLE
6925
0
10300
CLOROX CO DEL
COM
189054109
665
6025
SH
SOLE
5125
0
900
COCA COLA CO
COM
191216100
8579
211556
SH
SOLE
199156
0
12400
COLGATE PALMOLIVE CO
COM
194162103
3614
52121
SH
SOLE
43521
0
8600
COMCAST CORP NEW
CL A SPL
20030N200
255
4550
SH
SOLE
650
0
3900
CONCHO RES INC
COM
20605p101
253
2186
SH
SOLE
2186
0
0
CONOCOPHILLIPS
COM
20825c104
2083
33449
SH
SOLE
28749
0
4700
CONTINENTAL RESOURCES INC
COM
212015101
255
5843
SH
SOLE
5843
0
0
COSTCO WHSL CORP NEW
COM
22160K105
2363
15600
SH
SOLE
13750
0
1850
CSX CORP
COM
126408103
415
12522
SH
SOLE
10522
0
2000
CUMMINS INC
COM
231021106
1548
11165
SH
SOLE
10665
0
500
D R HORTON INC
COM
23331A109
606
21275
SH
SOLE
18475
0
2800
DANAHER CORP DEL
COM
235851102
329
3875
SH
SOLE
975
0
2900
DEERE & CO
COM
244199105
3039
34659
SH
SOLE
28909
0
5750
DEVON ENERGY CORP NEW
COM
25179M103
269
4461
SH
SOLE
4461
0
0
DIAGEO P L C
SPON ADR NEW
25243Q205
12119
109601
SH
SOLE
99201
0
10400
DISCOVER FINL SVCS
COM
254709108
207
3675
SH
SOLE
3675
0
0
DISNEY WALT CO
COM DISNEY
254687106
5085
48475
SH
SOLE
40325
0
8150
DOMINION RES INC VA NEW
COM
25746u109
465
6561
SH
SOLE
261
0
6300
DOVER CORP
COM
260003108
233
3370
SH
SOLE
3370
0
0
DOW CHEM CO
COM
260543103
589
12285
SH
SOLE
10885
0
1400
DU PONT E I DE NEMOURS & CO
COM
263534109
3291
46044
SH
SOLE
38694
0
7350
DUKE ENERGY CORP NEW
COM NEW
26441C204
996
12976
SH
SOLE
7276
0
5700
DUPONT PFD B
PFD
263534307
324
3034
SH
SOLE
734
0
2300
E M C CORP MASS
COM
268648102
541
21185
SH
SOLE
13835
0
7350
EASTMAN CHEM CO
COM
277432100
1188
17157
SH
SOLE
13507
0
3650
EATON CORP PLC
SHS
G29183103
4590
67554
SH
SOLE
60354
0
7200
EMERSON ELEC CO
COM
291011104
9649
170420
SH
SOLE
153270
0
17150
ENBRIDGE INC
COM
29250N105
265
5470
SH
SOLE
5470
0
0
ENERGY TRANSFER EQUITY L P
COM UT LTD PTN
29273V100
282
4444
SH
SOLE
4444
0
0
ENERGY XXI LTD
USD UNRS SHS
G10082140
90
24704
SH
SOLE
24704
0
0
ENTERGY CORP NEW
COM
29364G103
296
3825
SH
SOLE
3825
0
0
ENTERPRISE PRODS PARTNERS L
COM
293792107
17466
530392
SH
SOLE
497092
0
33300
EOG RES INC
COM
26875p101
3843
41917
SH
SOLE
39117
0
2800
EXXON MOBIL CORP
COM
30231g102
13721
161424
SH
SOLE
147174
0
14250
FEDERAL REALTY INVT TR
SH BEN INT NEW
313747206
846
5750
SH
SOLE
5750
0
0
FEDEX CORP
COM
31428X106
1793
10840
SH
SOLE
8115
0
2725
FORD MTR CO DEL
COM PAR $0.01
345370860
184
11400
SH
SOLE
2200
0
9200
FRANKLIN RES INC
COM
354613101
388
7570
SH
SOLE
5670
0
1900
FREEPORT-MCMORAN INC
CL B
35671d857
257
13545
SH
SOLE
13545
0
0
GENERAL DYNAMICS CORP
COM
369550108
3395
25010
SH
SOLE
24710
0
300
GENERAL ELECTRIC CO
COM
369604103
11129
448579
SH
SOLE
414879
0
33700
GENERAL MLS INC
COM
370334104
1780
31455
SH
SOLE
17205
0
14250
GILEAD SCIENCES INC
COM
375558103
3966
40415
SH
SOLE
35115
0
5300
GLAXOSMITHKLINE PLC
SPONSORED ADR
37733W105
3743
81100
SH
SOLE
75590
0
5510
GOLDCORP INC NEW
COM
380956409
183
10113
SH
SOLE
10113
0
0
GOOGLE INC
CL A
38259P508
988
1782
SH
SOLE
1082
0
700
GOOGLE INC
CL C
38259P706
977
1782
SH
SOLE
1082
0
700
HAIN CELESTIAL GROUP INC
COM
405217100
402
6270
SH
SOLE
6070
0
200
HEALTH CARE REIT INC
COM
42217k106
2246
29030
SH
SOLE
27230
0
1800
HERSHEY CO
COM
427866108
429
4250
SH
SOLE
3150
0
1100
HESS CORP
COM
42809H107
460
6778
SH
SOLE
6778
0
0
HOME DEPOT INC
COM
437076102
5227
46010
SH
SOLE
41260
0
4750
HONEYWELL INTL INC
COM
438516106
10358
99301
SH
SOLE
89626
0
9675
INTEL CORP
COM
458140100
4332
138525
SH
SOLE
121675
0
16850
INTERNATIONAL BUSINESS MACHS
COM
459200101
390
2429
SH
SOLE
2429
0
0
JOHNSON & JOHNSON
COM
478160104
12556
124811
SH
SOLE
111786
0
13025
JOHNSON CTLS INC
COM
478366107
1363
27025
SH
SOLE
20825
0
6200
JPMORGAN CHASE & CO
COM
46625H100
10296
169952
SH
SOLE
158102
0
11850
KEYCORP NEW
COM
493267108
173
12250
SH
SOLE
12250
0
0
KIMBERLY CLARK CORP
COM
494368103
6220
58073
SH
SOLE
53523
0
4550
KINDER MORGAN INC DEL
COM
49456B101
8824
209801
SH
SOLE
194970
0
14831
KIRBY CORP
COM
497266106
375
5000
SH
SOLE
5000
0
0
KRAFT FOODS GROUP INC
COM
50076q106
7976
91560
SH
SOLE
87844
0
3716
LAUDER ESTEE COS INC
CL A
518439104
966
11620
SH
SOLE
11620
0
0
LENNAR CORP
CL A
526057104
560
10800
SH
SOLE
9800
0
1000
LILLY ELI & CO
COM
532457108
6513
89652
SH
SOLE
81652
0
8000
LOCKHEED MARTIN CORP
COM
539830109
4835
23820
SH
SOLE
22545
0
1275
LOWES COS INC
COM
548661107
2114
28423
SH
SOLE
23223
0
5200
LVMH MOET HENNESSY LOUIS VITTO
COM
502441306
862
24450
SH
SOLE
19625
0
4825
LYONDELLBASELL INDUSTRIES N
SHS - A -
n53745100
343
3902
SH
SOLE
3452
0
450
MAGELLAN MIDSTREAM PRTNRS LP
COM UNIT RP LP
559080106
10619
138425
SH
SOLE
129875
0
8550
MAGNA INTL INC
COM
559222401
343
6400
SH
SOLE
0
0
6400
MAIN STREET CAPITAL CORP
COM
56035L104
693
22425
SH
SOLE
22425
0
0
MARATHON OIL CORP
COM
565849106
427
16357
SH
SOLE
15357
0
1000
MARATHON PETE CORP
COM
56585a102
312
3050
SH
SOLE
350
0
2700
MARKWEST ENERGY PARTNERS L P
UNIT LTD PARTN
570759100
3586
54257
SH
SOLE
49557
0
4700
MARSH & MCLENNAN COS INC
COM
571748102
841
15000
SH
SOLE
15000
0
0
MCDONALDS CORP
COM
580135101
3456
35468
SH
SOLE
34568
0
900
MCKESSON CORP
COM
58155Q103
1148
5075
SH
SOLE
4125
0
950
MEDICAL PPTYS TRUST INC
COM
58463J304
2549
172900
SH
SOLE
156400
0
16500
MEDTRONIC PLC
SHS
G5960L103
645
8265
SH
SOLE
6265
0
2000
MERCK & CO INC NEW
COM
58933y105
6464
112455
SH
SOLE
103155
0
9300
METLIFE INC
COM
59156r108
334
6600
SH
SOLE
1400
0
5200
MONDELEZ INTL INC
CL A
609207105
3115
86317
SH
SOLE
77267
0
9050
MONSANTO CO NEW
COM
61166w101
386
3431
SH
SOLE
2981
0
450
NATIONAL GRID PLC
SPON ADR NEW
636274300
524
8111
SH
SOLE
8111
0
0
NESTLE
COM
641069406
8999
119629
SH
SOLE
108479
0
11150
NEXTERA ENERGY INC
COM
65339F101
348
3349
SH
SOLE
3349
0
0
NEXTERA ENERGY PARTNERS LP
COM UNIT PART IN
65341b106
2684
61250
SH
SOLE
59750
0
1500
NIKE INC
CL B
654106103
2258
22510
SH
SOLE
16660
0
5850
NOBLE ENERGY INC
COM
655044105
252
5150
SH
SOLE
5150
0
0
NORFOLK SOUTHERN CORP
COM
655844108
2977
28928
SH
SOLE
26328
0
2600
NOVARTIS A G
SPONSORED ADR
66987V109
2214
22457
SH
SOLE
18057
0
4400
NOVO-NORDISK A S
ADR
670100205
215
4027
SH
SOLE
4027
0
0
OCCIDENTAL PETE CORP DEL
COM
674599105
7278
99693
SH
SOLE
94843
0
4850
ONEOK PARTNERS LP
UNIT LTD PARTN
68268n103
4092
100201
SH
SOLE
100201
0
0
PARKER HANNIFIN CORP
COM
701094104
208
1750
SH
SOLE
1750
0
0
PEPSICO INC
COM
713448108
13677
143040
SH
SOLE
128465
0
14575
PFIZER INC
COM
717081103
8767
252010
SH
SOLE
236660
0
15350
PHILIP MORRIS INTL INC
COM
718172109
3793
50355
SH
SOLE
47505
0
2850
PHILLIPS 66
COM
718546104
432
5495
SH
SOLE
5495
0
0
PIONEER NAT RES CO
COM
723787107
631
3858
SH
SOLE
3158
0
700
PLAINS ALL AMERN PIPELINE L
UNIT LTD PARTN
726503105
7809
160110
SH
SOLE
146960
0
13150
PLAINS GP HLDGS L P
SHS A REP LTPN
72651a108
6220
219240
SH
SOLE
211490
0
7750
PLUM CREEK TIMBER CO INC
COM
729251108
205
4710
SH
SOLE
4710
0
0
PNC FINL SVCS GROUP INC
COM
693475105
4169
44715
SH
SOLE
40115
0
4600
POWERSHARES ETF TRUST II
CEF INC COMPST
73936q843
1439
60350
SH
SOLE
60350
0
0
POWERSHARES QQQ TRUST
UNIT SER 1
73935a104
4432
41965
SH
SOLE
41965
0
0
PRAXAIR INC
COM
74005P104
526
4360
SH
SOLE
3060
0
1300
PRICE T ROWE GROUP INC
COM
74144t108
1126
13900
SH
SOLE
10750
0
3150
PROCTER & GAMBLE CO
COM
742718109
10747
131160
SH
SOLE
122685
0
8475
PROSPERITY BANCSHARES INC
COM
743606105
449
8565
SH
SOLE
8565
0
0
PULTE GROUP INC
COM
745867101
410
18450
SH
SOLE
18450
0
0
QORVO INC
COM
74736k101
200
2512
SH
SOLE
0
0
2512
QUALCOMM INC
COM
747525103
5371
77460
SH
SOLE
62410
0
15050
RALPH LAUREN CORP
CL A
751212101
1287
9785
SH
SOLE
8575
0
1210
RAYTHEON CO
COM NEW
755111507
1994
18255
SH
SOLE
15855
0
2400
REALTY INCOME CORP
COM
756109104
1322
25625
SH
SOLE
21125
0
4500
REGENERON PHARMACEUTICALS
COM
75886f107
6589
14595
SH
SOLE
13545
0
1050
ROCKWELL AUTOMATION INC
COM
773903109
1294
11155
SH
SOLE
8455
0
2700
ROYAL DUTCH SHELL PLC
SPONS ADR A
780259206
3697
61975
SH
SOLE
61975
0
0
SANOFI
SPONSORED ADR
80105N105
2613
52855
SH
SOLE
45105
0
7750
SILVER WHEATON CORP
COM
828336107
358
18831
SH
SOLE
18831
0
0
SM ENERGY CO
COM
78454l100
210
4063
SH
SOLE
4063
0
0
SOUTHERN CO
COM
842587107
400
9030
SH
SOLE
9030
0
0
SOUTHWESTERN ENERGY CO
COM
845467109
241
10400
SH
SOLE
9400
0
1000
SPDR S&P 500 ETF TR
TR UNIT
78462F103
1813
8785
SH
SOLE
8785
0
0
SPDR SERIES TRUST
S&P REGL BKG
78464a698
238
5825
SH
SOLE
3825
0
2000
SPECTRA ENERGY CORP
COM
847560109
648
17910
SH
SOLE
7310
0
10600
SPECTRA ENERGY PARTNERS LP
COM
84756N109
302
5825
SH
SOLE
5825
0
0
SUNOCO LOGISTICS PRTNRS L P
COM UNITS
86764L108
2317
56050
SH
SOLE
56050
0
0
SUNOCO LP
COM U REP LP
86765k109
1534
29866
SH
SOLE
29866
0
0
SYSCO CORP
COM
871829107
1504
39875
SH
SOLE
35575
0
4300
TARGA RESOURCES PARTNERS LP
COM UNIT
87611X105
1592
38501
SH
SOLE
38501
0
0
TARGET CORP
COM
87612E106
512
6240
SH
SOLE
3740
0
2500
TEVA PHARMACEUTICAL INDS LTD
ADR
881624209
475
7625
SH
SOLE
7625
0
0
THERMO FISHER SCIENTIFIC INC
COM
883556102
484
3600
SH
SOLE
2200
0
1400
TIME WARNER INC
COM NEW
887317303
2133
25255
SH
SOLE
20830
0
4425
TOLL BROTHERS INC
COM
889478103
508
12925
SH
SOLE
11225
0
1700
TOTALLY HEMP CRAZY
COM
89156d106
3
15000
SH
SOLE
15000
0
0
UNILEVER N V
N Y SHS NEW
904784709
2232
53460
SH
SOLE
42110
0
11350
UNION PAC CORP
COM
907818108
6790
62688
SH
SOLE
56888
0
5800
UNITED PARCEL SERVICE INC
CL B
911312106
1919
19793
SH
SOLE
18018
0
1775
UNITED TECHNOLOGIES CORP
COM
913017109
8235
70261
SH
SOLE
64861
0
5400
UNITEDHEALTH GROUP INC
COM
91324p102
337
2850
SH
SOLE
1150
0
1700
US BANCORP DEL
COM NEW
902973304
669
15325
SH
SOLE
11025
0
4300
V F CORP
COM
918204108
5218
69290
SH
SOLE
64790
0
4500
VALERO ENERGY CORP NEW
COM
91913Y100
1395
21922
SH
SOLE
16822
0
5100
VARIAN MED SYS INC
COM
92220P105
1001
10638
SH
SOLE
8788
0
1850
VERIZON COMMUNICATIONS INC
COM
92343v104
5406
111171
SH
SOLE
101821
0
9350
VISA INC
COM CL A
92826c839
761
11628
SH
SOLE
7228
0
4400
WALGREENS BOOTS ALLIANCE INC
COM
931427108
2314
27327
SH
SOLE
23402
0
3925
WASTE MGMT INC DEL
COM
94106l109
279
5150
SH
SOLE
1200
0
3950
WEINGARTEN RLTY INVS
SH BEN INT
948741103
427
11858
SH
SOLE
11858
0
0
WELLS FARGO & CO NEW
COM
949746101
12306
226212
SH
SOLE
210237
0
15975
WELLS FARGO & CO NEW
PERP PFD CNV A
949746804
262
215
SH
SOLE
215
0
0
WESTERN GAS PARTNERS LP
COM UNIT LP IN
958254104
393
5975
SH
SOLE
5975
0
0
WEYERHAEUSER CO
COM
962166104
1973
59527
SH
SOLE
47427
0
12100
WHITING PETE CORP NEW
COM
966387102
308
9980
SH
SOLE
9980
0
0
WILLIAMS COS INC DEL
COM
969457100
1776
35109
SH
SOLE
31809
0
3300
WILLIAMS PARTNERS L P NEW
COM UNIT LTD PAR
96949L105
1070
21739
SH
SOLE
21739
0
0
XILINX INC
COM
983919101
993
23475
SH
SOLE
18625
0
4850
YAHOO INC
COM
984332106
725
16310
SH
SOLE
11210
0
5100
YAMANA GOLD INC
COM
98462y100
88
24458
SH
SOLE
24458
0
0
YUM BRANDS INC
COM
988498101
5423
68895
SH
SOLE
63545
0
5350
ZOETIS INC
CL A
98978v103
1070
23117
SH
SOLE
18717
0
4400
ZURICH INSURANCE GROUP
COM
989825104
3133
92425
SH
SOLE
92425
0
0