0001085146-18-000271.txt : 20180131
0001085146-18-000271.hdr.sgml : 20180131
20180131143639
ACCESSION NUMBER: 0001085146-18-000271
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20171231
FILED AS OF DATE: 20180131
DATE AS OF CHANGE: 20180131
EFFECTIVENESS DATE: 20180131
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: 18562235
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
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12-31-2017
12-31-2017
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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
01-31-2018
0
182
464802
INFORMATION TABLE
2
form13fInfoTable.xml
DESCRIPTION FOR INFORMATION TABLE
3M CO
COM
88579Y101
3419
14524
SH
SOLE
13249
0
1275
ABBOTT LABS
COM
002824100
2604
45623
SH
SOLE
38023
0
7600
ABBVIE INC
COM
00287y109
1939
20053
SH
SOLE
16953
0
3100
AGILENT TECHNOLOGIES INC
COM
00846u101
335
5000
SH
SOLE
0
0
5000
AIR PRODS & CHEMS INC
COM
009158106
292
1780
SH
SOLE
1780
0
0
ALASKA AIR GROUP INC
COM
011659109
320
4350
SH
SOLE
3350
0
1000
ALBEMARLE CORP
COM
012653101
801
6260
SH
SOLE
5560
0
700
ALEXANDRIA REAL ESTATE EQ IN
COM
015271109
1900
14552
SH
SOLE
14552
0
0
ALIBABA GROUP HLDG LTD
SPONSORED ADS
01609w102
528
3065
SH
SOLE
2515
0
550
ALPHABET INC
CAP STK CL A
02079k305
1758
1669
SH
SOLE
1079
0
590
ALPHABET INC
CAP STK CL C
02079k107
3162
3022
SH
SOLE
2377
0
645
ALTRIA GROUP INC
COM
02209S103
1356
18995
SH
SOLE
18995
0
0
AMAZON COM INC
COM
023135106
1684
1440
SH
SOLE
1040
0
400
AMERICAN EXPRESS CO
COM
025816109
360
3625
SH
SOLE
2625
0
1000
AMGEN INC
COM
031162100
235
1350
SH
SOLE
925
0
425
ANALOG DEVICES INC
COM
032654105
4019
45142
SH
SOLE
38542
0
6600
ANHEUSER BUSCH INBEV SA/NV
SPONSORED ADR
03524A108
1184
10615
SH
SOLE
8965
0
1650
APACHE CORP
COM
037411105
222
5251
SH
SOLE
5251
0
0
APPLE INC
COM
037833100
17490
103348
SH
SOLE
96698
0
6650
ASTRAZENECA PLC
SPONSORED ADR
046353108
214
6175
SH
SOLE
4675
0
1500
AT&T INC
COM
00206r102
3634
93470
SH
SOLE
86420
0
7050
AUTOZONE INC
COM
053332102
462
650
SH
SOLE
290
0
360
BAIDU INC
SPON ADR REP A
056752108
605
2585
SH
SOLE
1935
0
650
BANK NEW YORK MELLON CORP
COM
064058100
3442
63910
SH
SOLE
63910
0
0
BECTON DICKINSON & CO
COM
075887109
1418
6625
SH
SOLE
5225
0
1400
BERKSHIRE HATHAWAY INC DEL
CL B NEW
084670702
5644
28474
SH
SOLE
26549
0
1925
BIOGEN INC
COM
09062X103
454
1425
SH
SOLE
975
0
450
BLACKROCK INC
COM
09247X101
2060
4010
SH
SOLE
3385
0
625
BLACKSTONE GROUP L P
COM UNIT LTD
09253u108
1849
57742
SH
SOLE
46842
0
10900
BOEING CO
COM
097023105
1539
5219
SH
SOLE
4204
0
1015
BRISTOL MYERS SQUIBB CO
COM
110122108
3067
50048
SH
SOLE
42348
0
7700
CABOT OIL & GAS CORP
COM
127097103
280
9801
SH
SOLE
9801
0
0
CANADIAN NATL RY CO
COM
136375102
1874
22720
SH
SOLE
18870
0
3850
CELGENE CORP
COM
151020104
1356
12990
SH
SOLE
11090
0
1900
CHEVRON CORP NEW
COM
166764100
6204
49557
SH
SOLE
47957
0
1600
CHUBB LIMITED
COM
H1467J104
8313
56888
SH
SOLE
51363
0
5525
CIMAREX ENERGY CO
COM
171798101
425
3485
SH
SOLE
3485
0
0
CISCO SYS INC
COM
17275R102
480
12520
SH
SOLE
3620
0
8900
CLOROX CO DEL
COM
189054109
1005
6755
SH
SOLE
5480
0
1275
COCA COLA CO
COM
191216100
4507
98235
SH
SOLE
89435
0
8800
COLGATE PALMOLIVE CO
COM
194162103
3395
44998
SH
SOLE
37848
0
7150
COMCAST CORP NEW
CL A
20030N101
338
8433
SH
SOLE
783
0
7650
CONCHO RES INC
COM
20605p101
321
2136
SH
SOLE
2136
0
0
CONOCOPHILLIPS
COM
20825c104
656
11955
SH
SOLE
9805
0
2150
CONSTELLATION BRANDS INC
CL A
21036P108
1494
6535
SH
SOLE
5510
0
1025
COSTCO WHSL CORP NEW
COM
22160K105
2386
12817
SH
SOLE
11192
0
1625
CRACKER BARREL OLD CTRY STOR
COM
22410j106
266
1675
SH
SOLE
1025
0
650
CROWN CASTLE INTL CORP NEW
COM
22822V101
6849
61695
SH
SOLE
59545
0
2150
CSX CORP
COM
126408103
257
4667
SH
SOLE
3167
0
1500
CUMMINS INC
COM
231021106
208
1175
SH
SOLE
1175
0
0
CVS HEALTH CORP
COM
126650100
1411
19460
SH
SOLE
15160
0
4300
CYRUSONE INC
COM
23283r100
3361
56465
SH
SOLE
54065
0
2400
D R HORTON INC
COM
23331A109
295
5775
SH
SOLE
5775
0
0
DANAHER CORP DEL
COM
235851102
3869
41686
SH
SOLE
37536
0
4150
DEERE & CO
COM
244199105
876
5597
SH
SOLE
5047
0
550
DELTA AIR LINES INC DEL
COM NEW
247361702
896
16000
SH
SOLE
11850
0
4150
DEVON ENERGY CORP NEW
COM
25179M103
311
7514
SH
SOLE
7514
0
0
DIAGEO P L C
SPON ADR NEW
25243Q205
12984
88913
SH
SOLE
78713
0
10200
DIGITAL RLTY TR INC
COM
253868103
3357
29470
SH
SOLE
28270
0
1200
DISNEY WALT CO
COM DISNEY
254687106
5175
48139
SH
SOLE
39489
0
8650
DOLLAR GEN CORP NEW
COM
256677105
451
4850
SH
SOLE
2825
0
2025
DOMINION ENERGY INC
COM
25746u109
525
6471
SH
SOLE
671
0
5800
DOWDUPONT INC
COM
26078j100
9549
134073
SH
SOLE
122799
0
11274
DR PEPPER SNAPPLE GROUP INC
COM
26138e109
480
4945
SH
SOLE
3140
0
1805
DUKE ENERGY CORP NEW
COM NEW
26441C204
897
10665
SH
SOLE
8265
0
2400
EASTMAN CHEM CO
COM
277432100
1381
14910
SH
SOLE
11585
0
3325
EATON CORP PLC
SHS
G29183103
2725
34490
SH
SOLE
28415
0
6075
ENTERPRISE PRODS PARTNERS L
COM
293792107
6480
244447
SH
SOLE
221447
0
23000
EOG RES INC
COM
26875p101
1813
16797
SH
SOLE
16297
0
500
EXXON MOBIL CORP
COM
30231g102
7409
88580
SH
SOLE
82205
0
6375
F M C CORP
COM NEW
302491303
839
8867
SH
SOLE
7767
0
1100
FACEBOOK INC
CL A
30303M102
498
2823
SH
SOLE
2353
0
470
FEDEX CORP
COM
31428X106
2376
9520
SH
SOLE
6945
0
2575
GENERAL DYNAMICS CORP
COM
369550108
5051
24825
SH
SOLE
24425
0
400
GENERAL ELECTRIC CO
COM
369604103
4958
284098
SH
SOLE
263238
0
20860
GENERAL MLS INC
COM
370334104
987
16650
SH
SOLE
7450
0
9200
GILEAD SCIENCES INC
COM
375558103
1342
18735
SH
SOLE
14735
0
4000
GLAXOSMITHKLINE PLC
SPONSORED ADR
37733W105
216
6100
SH
SOLE
4200
0
1900
GOLDCORP INC NEW
COM
380956409
210
16411
SH
SOLE
16411
0
0
GOLDMAN SACHS GROUP INC
COM
38141g104
6253
24545
SH
SOLE
23645
0
900
HERSHEY CO
COM
427866108
434
3825
SH
SOLE
2925
0
900
HESS CORP
COM
42809H107
442
9318
SH
SOLE
9318
0
0
HOME DEPOT INC
COM
437076102
7390
38993
SH
SOLE
34343
0
4650
HONEYWELL INTL INC
COM
438516106
12441
81120
SH
SOLE
73570
0
7550
ILLUMINA INC
COM
452327109
390
1785
SH
SOLE
1395
0
390
INTEL CORP
COM
458140100
4747
102830
SH
SOLE
86155
0
16675
INTERNATIONAL BUSINESS MACHS
COM
459200101
245
1600
SH
SOLE
1600
0
0
ISHARES TR
NASDAQ BIOTECH
464287556
5533
51820
SH
SOLE
50320
0
1500
ISHARES TR
U.S. FIN SVC ETF
464287770
646
4950
SH
SOLE
4150
0
800
JOHNSON & JOHNSON
COM
478160104
12940
92613
SH
SOLE
81188
0
11425
JOHNSON CTLS INTL PLC
SHS
g51502105
543
14241
SH
SOLE
10628
0
3613
JPMORGAN CHASE & CO
COM
46625H100
13508
126316
SH
SOLE
115516
0
10800
KIMBERLY CLARK CORP
COM
494368103
1697
14065
SH
SOLE
10365
0
3700
KINDER MORGAN INC DEL
COM
49456B101
455
25153
SH
SOLE
25153
0
0
KRAFT HEINZ CO
COM
500754106
3418
43960
SH
SOLE
42960
0
1000
L3 TECHNOLOGIES INC
COM
502413107
3367
17020
SH
SOLE
15570
0
1450
LAUDER ESTEE COS INC
CL A
518439104
1117
8776
SH
SOLE
8776
0
0
LENNAR CORP
CL A
526057104
281
4450
SH
SOLE
4450
0
0
LILLY ELI & CO
COM
532457108
5225
61866
SH
SOLE
55716
0
6150
LOCKHEED MARTIN CORP
COM
539830109
8057
25095
SH
SOLE
23050
0
2045
LOWES COS INC
COM
548661107
3658
39363
SH
SOLE
33693
0
5670
LVMH MOET HENNESSY LOUIS VITTO
COM
502441306
1115
18990
SH
SOLE
14365
0
4625
LYONDELLBASELL INDUSTRIES N
SHS - A -
n53745100
269
2441
SH
SOLE
2441
0
0
MAGELLAN MIDSTREAM PRTNRS LP
COM UNIT RP LP
559080106
4575
64488
SH
SOLE
60138
0
4350
MARATHON PETE CORP
COM
56585a102
226
3429
SH
SOLE
3429
0
0
MARSH & MCLENNAN COS INC
COM
571748102
651
8000
SH
SOLE
8000
0
0
MASTERCARD INCORPORATED
CL A
57636q104
1510
9974
SH
SOLE
6999
0
2975
MCDONALDS CORP
COM
580135101
4235
24604
SH
SOLE
23704
0
900
MEDTRONIC PLC
SHS
G5960L103
2085
25820
SH
SOLE
22520
0
3300
MERCK & CO INC
COM
58933y105
5667
100717
SH
SOLE
92592
0
8125
METLIFE INC
COM
59156r108
219
4325
SH
SOLE
200
0
4125
MICROSOFT CORP
COM
594918104
10068
117700
SH
SOLE
110500
0
7200
MONDELEZ INTL INC
CL A
609207105
2073
48431
SH
SOLE
41106
0
7325
NATIONAL GRID PLC
SPONSORED ADR NE
636274409
573
9735
SH
SOLE
9735
0
0
NESTLE
COM
641069406
10081
117261
SH
SOLE
107061
0
10200
NEXTERA ENERGY INC
COM
65339F101
5394
34535
SH
SOLE
33185
0
1350
NEXTERA ENERGY PARTNERS LP
COM UNIT PART IN
65341b106
275
6390
SH
SOLE
6390
0
0
NIKE INC
CL B
654106103
2033
32500
SH
SOLE
24075
0
8425
NOBLE ENERGY INC
COM
655044105
307
10530
SH
SOLE
10530
0
0
NORFOLK SOUTHERN CORP
COM
655844108
659
4545
SH
SOLE
4395
0
150
NORTHROP GRUMMAN CORP
COM
666807102
477
1555
SH
SOLE
1055
0
500
NOVARTIS A G
SPONSORED ADR
66987V109
1724
20534
SH
SOLE
15859
0
4675
NOVO-NORDISK A S
ADR
670100205
319
5952
SH
SOLE
5952
0
0
O REILLY AUTOMOTIVE INC NEW
COM
67103H107
265
1100
SH
SOLE
750
0
350
OAKTREE CAP GROUP LLC
UNIT CL A
674001201
819
19450
SH
SOLE
19450
0
0
OCCIDENTAL PETE CORP DEL
COM
674599105
558
7579
SH
SOLE
6479
0
1100
PARKER HANNIFIN CORP
COM
701094104
289
1450
SH
SOLE
1450
0
0
PAYPAL HLDGS INC
COM
70450y103
2558
34740
SH
SOLE
28115
0
6625
PEPSICO INC
COM
713448108
13108
109310
SH
SOLE
96635
0
12675
PFIZER INC
COM
717081103
2765
76333
SH
SOLE
61533
0
14800
PHILIP MORRIS INTL INC
COM
718172109
1929
18260
SH
SOLE
17570
0
690
PHILLIPS 66
COM
718546104
426
4207
SH
SOLE
4207
0
0
PIONEER NAT RES CO
COM
723787107
435
2517
SH
SOLE
2217
0
300
PNC FINL SVCS GROUP INC
COM
693475105
6594
45702
SH
SOLE
40377
0
5325
POWERSHARES QQQ TRUST
UNIT SER 1
73935a104
3937
25278
SH
SOLE
25278
0
0
PRICE T ROWE GROUP INC
COM
74144t108
538
5125
SH
SOLE
2475
0
2650
PROCTER AND GAMBLE CO
COM
742718109
8631
93935
SH
SOLE
86621
0
7314
PROSPERITY BANCSHARES INC
COM
743606105
263
3750
SH
SOLE
3750
0
0
PULTE GROUP INC
COM
745867101
279
8400
SH
SOLE
8400
0
0
QUALCOMM INC
COM
747525103
3062
47825
SH
SOLE
34225
0
13600
RAYTHEON CO
COM NEW
755111507
8011
42645
SH
SOLE
39325
0
3320
REGENERON PHARMACEUTICALS
COM
75886f107
2681
7131
SH
SOLE
7006
0
125
ROCKY MOUNTAIN HIGH BRANDS
COM
77471r108
0
15000
SH
SOLE
15000
0
0
ROYAL DUTCH SHELL PLC
SPONS ADR A
780259206
735
11025
SH
SOLE
11025
0
0
SANOFI
SPONSORED ADR
80105N105
1298
30195
SH
SOLE
24045
0
6150
SELECT SECTOR SPDR TR
SBI INT-FINL
81369y605
8268
296230
SH
SOLE
264270
0
31960
SOCIEDAD QUIMICA MINERA DE C
SPON ADR SER B
833635105
393
6622
SH
SOLE
6622
0
0
SOUTHWEST AIRLS CO
COM
844741108
547
8360
SH
SOLE
5560
0
2800
SPDR S&P 500 ETF TR
TR UNIT
78462F103
1101
4125
SH
SOLE
4125
0
0
STARBUCKS CORP
COM
855244109
304
5285
SH
SOLE
3935
0
1350
SYSCO CORP
COM
871829107
361
5950
SH
SOLE
4950
0
1000
TAIWAN SEMICONDUCTOR MFG LTD
SPONSORED ADR
874039100
1091
27525
SH
SOLE
23775
0
3750
TENCENT HLDGS.
COM
88032q109
374
7200
SH
SOLE
4550
0
2650
TEXAS INSTRS INC
COM
882508104
351
3356
SH
SOLE
3356
0
0
THE TRADE DESK INC
COM CL A
88339j105
521
11400
SH
SOLE
11400
0
0
THERMO FISHER SCIENTIFIC INC
COM
883556102
757
3985
SH
SOLE
2610
0
1375
TJX COS INC NEW
COM
872540109
315
4125
SH
SOLE
2500
0
1625
TOWER ONE WIRELESS CORP (A)
COM
89186Q101
5
22000
SH
SOLE
22000
0
0
UNILEVER N V
N Y SHS NEW
904784709
2563
45510
SH
SOLE
35910
0
9600
UNION PAC CORP
COM
907818108
4620
34452
SH
SOLE
28977
0
5475
UNITED TECHNOLOGIES CORP
COM
913017109
6408
50230
SH
SOLE
45780
0
4450
UNITEDHEALTH GROUP INC
COM
91324p102
617
2800
SH
SOLE
1450
0
1350
US BANCORP DEL
COM NEW
902973304
846
15785
SH
SOLE
10935
0
4850
V F CORP
COM
918204108
1308
17679
SH
SOLE
13254
0
4425
VALERO ENERGY CORP NEW
COM
91913Y100
324
3523
SH
SOLE
3523
0
0
VANGUARD WORLD FDS
FINANCIALS ETF
92204A405
252
3600
SH
SOLE
0
0
3600
VARIAN MED SYS INC
COM
92220P105
912
8205
SH
SOLE
6830
0
1375
VERIZON COMMUNICATIONS INC
COM
92343v104
6192
116985
SH
SOLE
108860
0
8125
VISA INC
COM CL A
92826c839
1768
15510
SH
SOLE
11435
0
4075
VODAFONE GROUP PLC NEW
SPONSORED ADR
92857W308
2774
86960
SH
SOLE
82460
0
4500
WALGREENS BOOTS ALLIANCE INC
COM
931427108
1906
26251
SH
SOLE
20826
0
5425
WASTE MGMT INC DEL
COM
94106l109
416
4825
SH
SOLE
875
0
3950
WELLS FARGO CO NEW
COM
949746101
10023
165213
SH
SOLE
151638
0
13575
WEYERHAEUSER CO
COM
962166104
1451
41146
SH
SOLE
31446
0
9700
WHEATON PRECIOUS METALS CORP
COM
962879102
692
31272
SH
SOLE
31272
0
0
WILLIAMS COS INC DEL
COM
969457100
262
8606
SH
SOLE
7606
0
1000
XILINX INC
COM
983919101
1364
20232
SH
SOLE
16032
0
4200
XYLEM INC
COM
98419m100
2016
29567
SH
SOLE
26167
0
3400
YUM BRANDS INC
COM
988498101
4462
54678
SH
SOLE
50528
0
4150
YUM CHINA HLDGS INC
COM
98850p109
1675
41852
SH
SOLE
36702
0
5150
ZOETIS INC
CL A
98978v103
1500
20820
SH
SOLE
16920
0
3900
ZURICH INSURANCE GROUP
COM
989825104
228
7500
SH
SOLE
0
0
7500