13F-HR 1 live13f6.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:June 30, 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: Kelly A. Wellborn Title: President Phone: 302-429-8410 Signature, Place, and Date of Signing: Kelly A. Wellborn Wilmington, Delaware August 11, 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: 48 Form 13 F Information Table Value Total: 164,305 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 635 8033 SH SOLE 8033 AT&T Corp New COM 00206r102 566 23390 SH SOLE 23390 Abbott Laboratories COM 002824100 4188 89520 SH SOLE 89520 Agilent Technologies Inc COM 00846U101 4072 143230 SH SOLE 143230 Alliant Energy Corp COM 018802108 1031 32475 SH SOLE 32475 Barrick Gold Corp COM 067901108 3724 82000 SH SOLE 82000 Berkshire Hathaway Inc - Class COM 084670702 442 5550 SH SOLE 5550 Berkshire Hathaway Inc-CL A COM 084670108 240 2 SH SOLE 2 Bristol-Myers Squibb Co COM 110122108 8072 323669 SH SOLE 323669 CVS/Caremark Corp COM 126650100 3881 132375 SH SOLE 132375 Central Fund Canada CL A COM 153501101 5560 368965 SH SOLE 368965 Central Gold Trust COM 153546106 5062 104705 SH SOLE 104705 Chubb Corporation COM 171232101 221 4424 SH SOLE 4424 Coca-Cola Co COM 191216100 466 9305 SH SOLE 9305 ConocoPhillips COM 20825C104 1531 31196 SH SOLE 31196 DuPont E I de Nemours & Co COM 263534109 2128 61526 SH SOLE 61526 Emerson Electric Co COM 291011104 310 7085 SH SOLE 7085 Exxon Mobil Corporation COM 30231G102 1076 18852 SH SOLE 18852 Fluor Corp COM 343412102 2851 67080 SH SOLE 67080 Foster Wheeler AG COM H27178104 2201 104500 SH SOLE 104500 General Electric Co COM 369604103 2398 166273 SH SOLE 166273 Goodyear Tire & Rubber Co COM 382550101 2634 265000 SH SOLE 265000 Helmerich & Payne COM 423452101 3947 108075 SH SOLE 108075 Hewlett Packard Co COM 428236103 31892 736874 SH SOLE 736874 Intel Corp COM 458140100 558 28714 SH SOLE 28714 International Business Machine COM 459200101 6441 52160 SH SOLE 52160 Johnson & Johnson COM 478160104 713 12071 SH SOLE 12071 Lilly Eli & Co COM 532457108 3569 106545 SH SOLE 106545 Market Vectors Agribusiness COM 57060u605 4500 124205 SH SOLE 124205 Merck & Co. Inc COM 58933Y105 493 14097 SH SOLE 14097 Millipore Corp COM 601073109 213 2000 SH SOLE 2000 NSTAR COM 67019E107 4039 115390 SH SOLE 115390 National Penn Bancshares Inc COM 637138108 140 23329 SH SOLE 23329 Newmont Mining Corp COM 651639106 8283 134152 SH SOLE 134152 Northrop Grumman Corp COM 666807102 4266 78360 SH SOLE 78360 Penn West Energy Trust COM 707885109 7235 380375 SH SOLE 380375 Procter & Gamble Co COM 742718109 1032 17198 SH SOLE 17198 Southern Co COM 842587107 359 10790 SH SOLE 10790 TECO Energy Inc COM 872375100 6104 405070 SH SOLE 405070 Travelers Cos Inc COM 89417E109 5575 113190 SH SOLE 113190 Union Pacific Corp COM 907818108 263 3780 SH SOLE 3780 Verigy Ltd COM y93691106 168 19282 SH SOLE 19282 Verizon Communications COM 92343V104 6366 227194 SH SOLE 227194 Wal-Mart Stores Inc COM 931142103 332 6905 SH SOLE 6905 Wilmington Trust Corporation COM 971807102 212 19100 SH SOLE 19100 Windstream Corporation COM 97381W104 7514 711525 SH SOLE 711525 Xcel Energy Inc COM 98389B100 6386 309860 SH SOLE 309860 Vanguard Utilities ETF 92204a876 418 6976.0000SH SOLE 6976.0000