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, 2003

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:     The Cypress Funds LLC
Address:  865 South Figeroa, Suite 700
          Los Angels, CA. 90017

13 File Number: 28-7810

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
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:      Todd Moodey
Title:     COO
Phone:
Signature, Place and Date of Signing:

    Todd Moodey  October 29, 2003

Report Type (Check only one.):
[ X]        13F HOLDINGS REPORT.
[  ]        13F NOTICE.
[  ]        13F COMBINATION REPORT.

I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934

                           FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:         0

Form 13F Information Table Entry Total:    24

Form 13F Information Table Value Total:    94160


             
                                                                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 DISCRETN MANAGERS   SOLE    SHARED    NONE
  ------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D ADVANCED FIBRE COMMUNICATIONS  COMMON STOCK     00754A105     1362    65000 SH       SOLE                  65000        0        0
D AETNA INC                      COMMON STOCK     00817Y108     6713   110000 SH       SOLE                 110000        0        0
D ALKERMES INC COM               COMMON STOCK     01642T108     4459   325000 SH       SOLE                 325000        0        0
D AXCELIS TECHS COM STK          COMMON STOCK     054540109     3735   450000 SH       SOLE                 450000        0        0
D BOSTON SCIENTIFIC CORP         COMMON STOCK     101137107     6380   100000 SH       SOLE                 100000        0        0
D CHIPPAC INC COM                COMMON STOCK     169657103      589   100000 SH       SOLE                 100000        0        0
D CISCO SYS INC COM              COMMON STOCK     17275R102     5701   291000 SH       SOLE                 291000        0        0
D CLOROX CO COM                  COMMON STOCK     189054109     3211    70000 SH       SOLE                  70000        0        0
D DIAL CORP NEW COM              COMMON STOCK     25247D101     7539   350000 SH       SOLE                 350000        0        0
D E M C CORP MASS COM            COMMON STOCK     268648102     5052   400000 SH       SOLE                 400000        0        0
D EPICOR SOFTWARE CORP           COMMON STOCK     29426L108     3272   363100 SH       SOLE                 363100        0        0
D FREEPORT-MCMORAN COPPER & GOLD COMMON STOCK     35671D857     4138   125000 SH       SOLE                 125000        0        0
D HUTCHINSON TECHNOLOGY INC      COMMON STOCK     448407106     8230   250000 SH       SOLE                 250000        0        0
D ICN PHARMACEUTICALS COM        COMMON STOCK     448924100     2145   125000 SH       SOLE                 125000        0        0
D LANNETT INC COM                COMMON STOCK     516012101     1370    78350 SH       SOLE                  78350        0        0
D LUCENT TECHNOLOGIES INC COM    COMMON STOCK     549463107     1231   570000 SH       SOLE                 570000        0        0
D MICRON TECHNOLOGY INC COM      COMMON STOCK     595112103     5368   400000 SH       SOLE                 400000        0        0
D PARK PLACE ENTERTAIN MENT CORP COMMON STOCK     700690100     3154   350000 SH       SOLE                 350000        0        0
D PTEK HOLDINGS INC COM STK      COMMON STOCK     69366M104     4116   500000 SH       SOLE                 500000        0        0
D RADISYS CORP COM               COMMON STOCK     750459109     2771   153700 SH       SOLE                 153700        0        0
D TAIWAN SEMICONDUCTOR MANUFACTU ADRS STOCKS      874039100     5144   475000 SH       SOLE                 475000        0        0
D TIBCO SOFTWARE INC USD COM     COMMON STOCK     88632Q103     1070   200000 SH       SOLE                 200000        0        0
D UNITED THERAPEUTICS CORP COM   COMMON STOCK     91307C102     4344   192300 SH       SOLE                 192300        0        0
D VISHAY INTERTECHNLGY           COMMON STOCK     928298108     3066   175000 SH       SOLE                 175000        0        0
S REPORT SUMMARY                 24 DATA RECORDS               94160        0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED