13F-HR 1 livet13f3.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended:March 31, 2010 Check here is Amendment[ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager filing this Report: Name: Cypress Capital Management,LLC Address: 1220 Market Building Ste 704 Wilmington, DE 19801 13F File Number: 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: Richard L. Arvedlund Title: President Phone: 302-429-8410 Signature, Place, and Date of Signing: Richard L. Arvedlund Wilmington, Delaware May 14, 2010 Report Type (Check only one.): [x] 13F Holdings Report [ ] 13F Notice [ ] 13F Combination Report List of Other Managers Reporting for this Manager: 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: 51 Form 13 F Information Table Value Total: 203,543 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 DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M Company COM 88579Y101 830 9932 SH SOLE 9932 AT&T Corp New COM 00206r102 603 23340 SH SOLE 23340 Abbott Laboratories COM 002824100 4759 90345 SH SOLE 90345 Agilent Technologies Inc COM 00846U101 4926 143230 SH SOLE 143230 BP PLC - Spons ADR COM 055622104 8135 142553 SH SOLE 142553 Barrick Gold Corp COM 067901108 3162 82475 SH SOLE 82475 Baxter International Inc COM 071813109 5017 86210 SH SOLE 86210 Berkshire Hathaway Inc - Class COM 084670702 516 6350 SH SOLE 6350 Berkshire Hathaway Inc-CL A COM 084670108 365 3 SH SOLE 3 Bristol-Myers Squibb Co COM 110122108 8740 327339 SH SOLE 327339 CVS/Caremark Corp COM 126650100 2276 62250 SH SOLE 62250 Central Fund Canada CL A COM 153501101 5266 376115 SH SOLE 376115 Central Gold Trust COM 153546106 4532 102425 SH SOLE 102425 Chubb Corporation COM 171232101 229 4424 SH SOLE 4424 Cisco Systems Inc COM 17275R102 232 8925 SH SOLE 8925 Coca-Cola Co COM 191216100 677 12305 SH SOLE 12305 ConocoPhillips COM 20825C104 1643 32103 SH SOLE 32103 DuPont E I de Nemours & Co COM 263534109 2178 58488 SH SOLE 58488 Emerson Electric Co COM 291011104 357 7085 SH SOLE 7085 Exxon Mobil Corporation COM 30231G102 1305 19476 SH SOLE 19476 Fluor Corp COM 343412102 3227 69380 SH SOLE 69380 Foster Wheeler AG COM H27178104 3040 112025 SH SOLE 112025 General Electric Co COM 369604103 3106 170663 SH SOLE 170663 Goodyear Tire & Rubber Co COM 382550101 3568 282300 SH SOLE 282300 Helmerich & Payne COM 423452101 3990 104775 SH SOLE 104775 Hewlett Packard Co COM 428236103 39275 738954 SH SOLE 738954 Home Depot Inc COM 437076102 5289 163500 SH SOLE 163500 Intel Corp COM 458140100 653 29314 SH SOLE 29314 International Business Machine COM 459200101 6872 53579 SH SOLE 53579 Johnson & Johnson COM 478160104 964 14781 SH SOLE 14781 Lilly Eli & Co COM 532457108 3897 107595 SH SOLE 107595 Market Vectors Agribusiness COM 57060u605 5933 131555 SH SOLE 131555 Merck & Co. Inc COM 58933Y105 633 16961 SH SOLE 16961 Millipore Corp COM 601073109 211 2000 SH SOLE 2000 NSTAR COM 67019E107 4126 116500 SH SOLE 116500 National Penn Bancshares Inc COM 637138108 161 23329 SH SOLE 23329 Newmont Mining Corp COM 651639106 6966 136777 SH SOLE 136777 Nokia Corp COM 654902204 4825 310510 SH SOLE 310510 Northrop Grumman Corp COM 666807102 5265 80295 SH SOLE 80295 Penn West Energy Trust COM 707885109 8414 398375 SH SOLE 398375 Procter & Gamble Co COM 742718109 1274 20131 SH SOLE 20131 TECO Energy Inc COM 872375100 6396 402545 SH SOLE 402545 Travelers Cos Inc COM 89417E109 6453 119640 SH SOLE 119640 Union Pacific Corp COM 907818108 271 3700 SH SOLE 3700 Verigy Ltd COM y93691106 216 19282 SH SOLE 19282 Verizon Communications COM 92343V104 7104 229014 SH SOLE 229014 Wal-Mart Stores Inc COM 931142103 428 7705 SH SOLE 7705 Wilmington Trust Corporation COM 971807102 366 22100 SH SOLE 22100 Windstream Corporation COM 97381W104 7789 715250 SH SOLE 715250 Xcel Energy Inc COM 98389B100 6627 312610 SH SOLE 312610 Vanguard Utilities ETF 92204A876 452 7185.0000SH SOLE 7185.0000