0001580642-19-003631.txt : 20190812 0001580642-19-003631.hdr.sgml : 20190812 20190812111935 ACCESSION NUMBER: 0001580642-19-003631 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190630 FILED AS OF DATE: 20190812 DATE AS OF CHANGE: 20190812 EFFECTIVENESS DATE: 20190812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KLINGENSTEIN FIELDS & CO LLC CENTRAL INDEX KEY: 0000859872 IRS NUMBER: 133479093 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-02588 FILM NUMBER: 191014902 BUSINESS ADDRESS: STREET 1: 125 PARK AVENUE STREET 2: SUITE 1700 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2124927000 MAIL ADDRESS: STREET 1: 125 PARK AVENUE STREET 2: SUITE 1700 CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: KLINGENSTEIN FIELDS & CO L P DATE OF NAME CHANGE: 19980824 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0000859872 XXXXXXXX 06-30-2019 06-30-2019 false KLINGENSTEIN FIELDS & CO LLC

125 Park Avenue Suite 1700 New York NY 10017

13F HOLDINGS REPORT 028-02588 N Maria Chambers 212-492-6169 /s/ Maria Chambers New York NY 08-02-2019 1 282 1926569 1 0001123803 028-06291 BRANDYWINE TRUST CO INFORMATION TABLE 2 infotable.xml THERMO FISHER SCIENTIFIC INC COM 883556102 9730 33131 SH DFND 1 33131 0 0 MONDELEZ INTL INC CL A 609207105 14641 271632 SH SOLE 233832 0 37800 GENERAL DYNAMICS CORP COM 369550108 575 3165 SH SOLE 3165 0 0 AIR LEASE CORP CL A 00912X302 9945 240577 SH DFND 1 240577 0 0 ISHARES TR RUS 1000 GRW ETF 464287614 268 1705 SH SOLE 1705 0 0 DISNEY WALT CO COM DISNEY 254687106 70607 505634 SH DFND 1 505634 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 1089 5321 SH SOLE 1321 0 4000 BAXTER INTL INC COM 071813109 1427 17421 SH SOLE 15455 0 1966 UNITED TECHNOLOGIES CORP COM 913017109 9363 71915 SH DFND 1 71915 0 0 3M CO COM 88579Y101 29327 169190 SH SOLE 169190 0 0 COMCAST CORP NEW CL A 20030N101 25772 609552 SH DFND 1 609552 0 0 STRYKER CORP COM 863667101 2334 11351 SH DFND 1 11351 0 0 WELLTOWER INC COM 95040Q104 302 3706 SH SOLE 3706 0 0 BANK NEW YORK MELLON CORP COM 064058100 4318 97804 SH SOLE 97804 0 0 HERSHEY CO COM 427866108 220 1640 SH SOLE 1640 0 0 INTEL CORP COM 458140100 1499 31324 SH SOLE 31324 0 0 HONEYWELL INTL INC COM 438516106 10046 57542 SH DFND 1 57542 0 0 YUM CHINA HLDGS INC COM 98850P109 6758 146279 SH DFND 1 146279 0 0 LINDE PLC SHS G5494J103 313 1560 SH SOLE 1560 0 0 SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 3756 143156 SH DFND 1 143156 0 0 LILLY ELI & CO COM 532457108 9219 83215 SH DFND 1 83215 0 0 VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 215 13150 SH DFND 1 13150 0 0 DOMINION ENERGY INC COM 25746U109 877 11340 SH SOLE 11340 0 0 CIGNA CORP NEW COM 125523100 346 2194 SH SOLE 2194 0 0 SAP SE SPON ADR 803054204 17599 128650 SH SOLE 128629 0 21 MCDONALDS CORP COM 580135101 1881 9060 SH SOLE 9060 0 0 STARBUCKS CORP COM 855244109 10237 122111 SH SOLE 121221 0 890 MICROSOFT CORP COM 594918104 23430 174905 SH SOLE 156765 0 18140 UNION PACIFIC CORP COM 907818108 34603 204620 SH SOLE 194833 0 9787 CVS HEALTH CORP COM 126650100 4486 82324 SH DFND 1 82324 0 0 ISHARES TR NASDAQ BIOTECH 464287556 292 2680 SH SOLE 2680 0 0 NETFLIX INC COM 64110L106 364 990 SH DFND 1 990 0 0 AMERIPRISE FINL INC COM 03076C106 5443 37494 SH DFND 1 37494 0 0 EXXON MOBIL CORP COM 30231G102 8652 112909 SH SOLE 111909 0 1000 BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1368 28635 SH SOLE 28635 0 0 LILLY ELI & CO COM 532457108 4096 36974 SH SOLE 36974 0 0 ALLEGHANY CORP DEL COM 017175100 446 655 SH SOLE 655 0 0 NIKE INC CL B 654106103 1 700 SH Put SOLE 700 0 0 CISCO SYS INC COM 17275R102 2122 38775 SH SOLE 13775 0 25000 INVESCO EXCHANGE TRADED FD T FINL PFD ETF 46137V621 1208 65600 SH SOLE 65600 0 0 HALLIBURTON CO COM 406216101 315 13860 SH SOLE 13860 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 339 7480 SH DFND 1 7480 0 0 ALPHABET INC CAP STK CL C 02079K107 14789 13682 SH SOLE 13157 0 525 BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 201 4900 SH SOLE 4900 0 0 ALPHABET INC CAP STK CL A 02079K305 6570 6068 SH DFND 1 6068 0 0 ENCANA CORP COM 292505104 61 11950 SH SOLE 11950 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 2581 33076 SH SOLE 33028 0 48 BERKSHIRE HATHAWAY INC DEL CL A 084670108 1273 4 SH DFND 1 4 0 0 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 363 8542 SH SOLE 8542 0 0 HOME DEPOT INC COM 437076102 12285 59072 SH SOLE 50907 0 8165 MORGAN STANLEY COM NEW 617446448 1078 24614 SH SOLE 4614 0 20000 GILEAD SCIENCES INC COM 375558103 2763 40900 SH SOLE 32960 0 7940 MARKEL CORP COM 570535104 218 200 SH SOLE 200 0 0 NOVARTIS A G SPONSORED ADR 66987V109 905 9908 SH SOLE 9908 0 0 BROADCOM INC COM 11135F101 19986 69429 SH SOLE 62090 0 7339 AMPHENOL CORP NEW CL A 032095101 288 3000 SH SOLE 3000 0 0 CATERPILLAR INC DEL COM 149123101 757 5553 SH SOLE 5553 0 0 3M CO COM 88579Y101 5001 28851 SH DFND 1 28851 0 0 BERKSHIRE HATHAWAY INC DEL CL A 084670108 3184 10 SH SOLE 10 0 0 FEDEX CORP COM 31428X106 1 200 SH Put SOLE 200 0 0 HOME DEPOT INC COM 437076102 2427 11672 SH DFND 1 11672 0 0 DUPONT DE NEMOURS INC COM 26614N102 3552 47311 SH DFND 1 47311 0 0 INDEPENDENT BANK CORP MASS COM 453836108 232 3045 SH SOLE 3045 0 0 MEDTRONIC PLC SHS G5960L103 16165 165986 SH SOLE 148624 0 17362 COLGATE PALMOLIVE CO COM 194162103 11048 154145 SH DFND 1 154145 0 0 UNITED TECHNOLOGIES CORP COM 913017109 22992 176587 SH SOLE 161810 0 14777 INTERXION HOLDING N.V SHS N47279109 1750 23000 SH SOLE 0 0 23000 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 15703 241325 SH DFND 1 241325 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 43711 205050 SH SOLE 195095 0 9955 BP PLC SPONSORED ADR 055622104 486 11648 SH SOLE 11648 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 387 2284 SH SOLE 2284 0 0 HONEYWELL INTL INC COM 438516106 30561 175042 SH SOLE 163388 0 11654 CONOCOPHILLIPS COM 20825C104 4570 74921 SH DFND 1 74921 0 0 NXP SEMICONDUCTORS N V COM N6596X109 15065 154340 SH SOLE 141040 0 13300 KANSAS CITY SOUTHERN COM NEW 485170302 6015 49376 SH SOLE 49376 0 0 CABOT OIL & GAS CORP COM 127097103 379 16500 SH SOLE 16500 0 0 STRYKER CORP COM 863667101 12035 58543 SH SOLE 56097 0 2446 CONSTELLATION BRANDS INC CL A 21036P108 14755 74923 SH SOLE 71703 0 3220 PHILIP MORRIS INTL INC COM 718172109 2900 36925 SH SOLE 36925 0 0 DISNEY WALT CO COM DISNEY 254687106 43055 308329 SH SOLE 294046 0 14283 CATERPILLAR INC DEL COM 149123101 0 200 SH Put SOLE 200 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 18615 107664 SH SOLE 96263 0 11401 PAYPAL HLDGS INC COM 70450Y103 34064 297607 SH SOLE 280796 0 16811 PAYPAL HLDGS INC COM 70450Y103 14422 125999 SH DFND 1 125999 0 0 ISHARES TR IBOXX INV CP ETF 464287242 1264 10161 SH SOLE 10161 0 0 QUEST DIAGNOSTICS INC COM 74834L100 457 4485 SH SOLE 4485 0 0 TJX COS INC NEW COM 872540109 5320 100600 SH SOLE 75600 0 25000 WALMART INC COM 931142103 539 4874 SH SOLE 4874 0 0 SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 11066 421707 SH SOLE 421707 0 0 STARBUCKS CORP COM 855244109 2399 28623 SH DFND 1 28623 0 0 HESS CORP COM 42809H107 1209 19016 SH SOLE 19016 0 0 MICROSOFT CORP COM 594918104 1 200 SH Call SOLE 200 0 0 ROBERT HALF INTL INC COM 770323103 359 6290 SH SOLE 5650 0 640 ISHARES TR SELECT DIVID ETF 464287168 380 3817 SH SOLE 3817 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 169 2167 SH DFND 1 2167 0 0 EXXON MOBIL CORP COM 30231G102 77 1000 SH DFND 1 1000 0 0 NIKE INC CL B 654106103 587 6997 SH SOLE 6997 0 0 PROLOGIS INC COM 74340W103 3400 42446 SH DFND 1 42446 0 0 ESSEX PPTY TR INC COM 297178105 990 3391 SH SOLE 3391 0 0 ALPHABET INC CAP STK CL C 02079K107 4900 4533 SH DFND 1 4533 0 0 CHEVRON CORP NEW COM 166764100 13836 111185 SH SOLE 96302 0 14883 DANAHER CORPORATION COM 235851102 1700 11896 SH DFND 1 11896 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 4490 99011 SH SOLE 91841 0 7170 ALTRIA GROUP INC COM 02209S103 2645 55870 SH SOLE 55870 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 1343 23505 SH SOLE 23505 0 0 YUM CHINA HLDGS INC COM 98850P109 2518 54500 SH SOLE 54500 0 0 ISHARES TR CORE US AGGBD ET 464287226 1187 10657 SH SOLE 10657 0 0 JANUS HENDERSON GROUP PLC ORD SHS G4474Y214 342 16000 SH SOLE 16000 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1836 45869 SH SOLE 45869 0 0 MERCK & CO INC COM 58933Y105 20420 243531 SH SOLE 220830 0 22701 BARRICK GOLD CORPORATION COM 067901108 442 28000 SH SOLE 28000 0 0 VARIAN MED SYS INC COM 92220P105 1399 10280 SH SOLE 10280 0 0 CONTRAFECT CORP COM 212326102 8 15000 SH SOLE 15000 0 0 UNION PACIFIC CORP COM 907818108 29221 172794 SH DFND 1 172794 0 0 AIR LEASE CORP CL A 00912X302 15115 365635 SH SOLE 322961 0 42674 AMAZON COM INC COM 023135106 26719 14110 SH SOLE 12568 0 1542 FIRST TR EXCHANGE TRADED FD SENIOR LN FD 33738D309 236 5000 SH SOLE 5000 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 7379 184392 SH DFND 1 184392 0 0 CHUBB LIMITED COM H1467J104 11149 75697 SH SOLE 65831 0 9866 EMERSON ELEC CO COM 291011104 645 9670 SH SOLE 9670 0 0 JPMORGAN CHASE & CO COM 46625H100 19916 178137 SH SOLE 160648 0 17489 NOVO-NORDISK A S ADR 670100205 444 8705 SH SOLE 8705 0 0 AMERICAN EXPRESS CO COM 025816109 6424 52042 SH SOLE 52042 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 2256 7699 SH DFND 1 7699 0 0 NETFLIX INC COM 64110L106 100 273 SH SOLE 273 0 0 KANSAS CITY SOUTHERN COM NEW 485170302 6395 52495 SH DFND 1 52495 0 0 CROWN CASTLE INTL CORP NEW COM 22822V101 8177 62734 SH DFND 1 62734 0 0 CBS CORP NEW CL B 124857202 4850 97202 SH DFND 1 97202 0 0 SOUTHERN CO COM 842587107 358 6478 SH SOLE 6478 0 0 YUM BRANDS INC COM 988498101 5416 48942 SH SOLE 48942 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 631 3416 SH SOLE 3416 0 0 COSTCO WHSL CORP NEW COM 22160K105 4581 17336 SH SOLE 17336 0 0 AMERIPRISE FINL INC COM 03076C106 261 1800 SH SOLE 1800 0 0 CONSOLIDATED EDISON INC COM 209115104 344 3920 SH SOLE 3920 0 0 FEDEX CORP COM 31428X106 7361 44834 SH DFND 1 44834 0 0 VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 382 4730 SH SOLE 4730 0 0 ILLINOIS TOOL WKS INC COM 452308109 10164 67394 SH SOLE 67394 0 0 SALESFORCE COM INC COM 79466L302 11631 76656 SH SOLE 65356 0 11300 SPDR INDEX SHS FDS MSCI ACWI EXUS 78463X848 1514 41279 SH SOLE 41279 0 0 ILLINOIS TOOL WKS INC COM 452308109 6667 44207 SH DFND 1 44207 0 0 COLGATE PALMOLIVE CO COM 194162103 23529 328295 SH SOLE 327295 0 1000 FIDELITY NATL INFORMATION SV COM 31620M106 2184 17804 SH DFND 1 17804 0 0 COCA COLA CO COM 191216100 2457 48248 SH SOLE 48248 0 0 INVESCO QQQ TR UNIT SER 1 46090E103 2554 13675 SH SOLE 13675 0 0 AMAZON COM INC COM 023135106 11523 6085 SH DFND 1 6085 0 0 AT&T INC COM 00206R102 5664 169020 SH DFND 1 169020 0 0 PFIZER INC COM 717081103 2281 52656 SH DFND 1 52656 0 0 CONSTELLATION BRANDS INC CL A 21036P108 6580 33411 SH DFND 1 33411 0 0 SCHLUMBERGER LTD COM 806857108 8777 220850 SH SOLE 199053 0 21797 PFIZER INC COM 717081103 0 600 SH Put SOLE 600 0 0 VISA INC COM CL A 92826C839 2536 14610 SH SOLE 1110 0 13500 PALO ALTO NETWORKS INC COM 697435105 17095 83899 SH SOLE 75126 0 8773 COCA COLA CO COM 191216100 0 100 SH Call SOLE 100 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 9257 53539 SH DFND 1 53539 0 0 INTERCONTINENTAL EXCHANGE IN COM 45866F104 1323 15400 SH SOLE 3400 0 12000 HESS CORP COM 42809H107 5345 84084 SH DFND 1 84084 0 0 CITIGROUP INC COM NEW 172967424 12919 184474 SH SOLE 162116 0 22358 FACEBOOK INC CL A 30303M102 10719 55540 SH DFND 1 55540 0 0 FOX CORP CL A COM 35137L105 245 6686 SH SOLE 6686 0 0 CABOT CORP COM 127055101 229 4800 SH SOLE 4800 0 0 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 22075 308821 SH SOLE 308821 0 0 PPL CORP COM 69351T106 267 8600 SH SOLE 8600 0 0 CELGENE CORP COM 151020104 6022 65147 SH SOLE 65133 0 14 WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 515 19263 SH SOLE 19263 0 0 NETFLIX INC COM 64110L106 3 200 SH Call SOLE 200 0 0 NEWMONT GOLDCORP CORPORATION COM 651639106 634 16479 SH SOLE 9404 0 7075 ILLUMINA INC COM 452327109 295 800 SH SOLE 800 0 0 PFIZER INC COM 717081103 12947 298859 SH SOLE 255307 0 43552 UDR INC COM 902653104 660 14701 SH SOLE 14701 0 0 BECTON DICKINSON & CO COM 075887109 1512 6000 SH SOLE 6000 0 0 LEXICON PHARMACEUTICALS INC COM NEW 528872302 67 10618 SH SOLE 10618 0 0 PROCTER AND GAMBLE CO COM 742718109 6706 61158 SH DFND 1 61158 0 0 EVEREST RE GROUP LTD COM G3223R108 210 850 SH SOLE 850 0 0 ISHARES TR RUS 2000 GRW ETF 464287648 287 1431 SH SOLE 1431 0 0 ABBOTT LABS COM 002824100 1543 18353 SH DFND 1 18353 0 0 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 11129 346820 SH DFND 1 346820 0 0 BANK AMER CORP COM 060505104 2416 83300 SH SOLE 50434 0 32866 HOLLYFRONTIER CORP COM 436106108 324 7000 SH SOLE 7000 0 0 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 30231 942063 SH SOLE 941413 0 650 PHILLIPS 66 COM 718546104 208 2225 SH SOLE 2225 0 0 CORNING INC COM 219350105 532 16006 SH SOLE 16006 0 0 XILINX INC COM 983919101 1651 14000 SH SOLE 0 0 14000 BROADCOM INC COM 11135F101 9480 32931 SH DFND 1 32931 0 0 MEDTRONIC PLC SHS G5960L103 7877 80879 SH DFND 1 80879 0 0 ISHARES TR PFD AND INCM SEC 464288687 440 11945 SH SOLE 11945 0 0 ABBVIE INC COM 00287Y109 1272 17495 SH SOLE 17495 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 20483 96086 SH DFND 1 96086 0 0 BP PLC SPONSORED ADR 055622104 626 15000 SH DFND 1 15000 0 0 AVANGRID INC COM 05351W103 252 4999 SH SOLE 4999 0 0 AMAZON COM INC COM 023135106 6 300 SH Call SOLE 300 0 0 JOHNSON & JOHNSON COM 478160104 57191 410620 SH SOLE 400612 0 10008 JOHNSON & JOHNSON COM 478160104 17486 125546 SH DFND 1 125546 0 0 DUPONT DE NEMOURS INC COM 26614N102 13109 174629 SH SOLE 154785 0 19844 BANK AMER CORP COM 060505104 2927 100938 SH DFND 1 100938 0 0 CHEVRON CORP NEW COM 166764100 1661 13347 SH DFND 1 13347 0 0 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 18176 279328 SH SOLE 251313 0 28015 INVESCO EXCHNG TRADED FD TR PFD ETF 46138E511 339 23200 SH SOLE 23200 0 0 PROLOGIS INC COM 74340W103 11113 138740 SH SOLE 136910 0 1830 NXP SEMICONDUCTORS N V COM N6596X109 6300 64539 SH DFND 1 64539 0 0 UNITED PARCEL SERVICE INC CL B 911312106 13897 134573 SH SOLE 120154 0 14419 VULCAN MATLS CO COM 929160109 14520 105749 SH SOLE 89359 0 16390 VULCAN MATLS CO COM 929160109 6100 44426 SH DFND 1 44426 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 702 4145 SH DFND 1 4145 0 0 WEYERHAEUSER CO COM 962166104 5040 191346 SH DFND 1 191346 0 0 NORTHERN TR CORP COM 665859104 540 6000 SH SOLE 6000 0 0 HSBC HLDGS PLC SPON ADR NEW 404280406 275 6591 SH SOLE 6591 0 0 PEPSICO INC COM 713448108 36195 276023 SH SOLE 258318 0 17705 PEPSICO INC COM 713448108 40793 311088 SH DFND 1 311088 0 0 CONOCOPHILLIPS COM 20825C104 8240 135074 SH SOLE 109172 0 25902 WHITE MTNS INS GROUP LTD COM G9618E107 636 623 SH SOLE 623 0 0 CELGENE CORP COM 151020104 3398 36760 SH DFND 1 36760 0 0 AIR PRODS & CHEMS INC COM 009158106 442 1952 SH SOLE 1952 0 0 UNITED PARCEL SERVICE INC CL B 911312106 5665 54856 SH DFND 1 54856 0 0 AES CORP COM 00130H105 276 16490 SH SOLE 16490 0 0 RAYTHEON CO COM NEW 755111507 18878 108568 SH SOLE 100037 0 8531 SCHLUMBERGER LTD COM 806857108 3110 78268 SH DFND 1 78268 0 0 PROCTER AND GAMBLE CO COM 742718109 1358 12383 SH SOLE 11633 0 750 AMERICAN TOWER CORP NEW COM 03027X100 18117 88611 SH SOLE 81611 0 7000 ALLSTATE CORP COM 020002101 4696 46183 SH SOLE 45143 0 1040 KRAFT HEINZ CO COM 500754106 310 9996 SH SOLE 9996 0 0 WILEY JOHN & SONS INC CL A 968223206 963 21006 SH SOLE 21006 0 0 NORFOLK SOUTHERN CORP COM 655844108 6483 32523 SH DFND 1 32523 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 19862 67632 SH SOLE 61661 0 5971 INTEL CORP COM 458140100 202 4224 SH DFND 1 4224 0 0 MERCK & CO INC COM 58933Y105 8426 100492 SH DFND 1 100492 0 0 FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 628 15591 SH SOLE 15591 0 0 FACEBOOK INC CL A 30303M102 17528 90819 SH SOLE 82025 0 8794 PALO ALTO NETWORKS INC COM 697435105 6894 33836 SH DFND 1 33836 0 0 CITIGROUP INC COM NEW 172967424 5141 73406 SH DFND 1 73406 0 0 TORCHMARK CORP COM 891027104 3771 42154 SH DFND 1 42154 0 0 SAP SE SPON ADR 803054204 9116 66639 SH DFND 1 66639 0 0 AUTOMATIC DATA PROCESSING IN COM 053015103 694 4200 SH SOLE 4200 0 0 MONDELEZ INTL INC CL A 609207105 2274 42186 SH DFND 1 42186 0 0 CROWN CASTLE INTL CORP NEW COM 22822V101 17492 134189 SH SOLE 121129 0 13060 SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 3014 42940 SH SOLE 42940 0 0 MASTERCARD INC CL A 57636Q104 3589 13567 SH SOLE 4567 0 9000 AMERICAN TOWER CORP NEW COM 03027X100 8691 42509 SH DFND 1 42509 0 0 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 7373 103153 SH DFND 1 103153 0 0 COMCAST CORP NEW CL A 20030N101 22479 531679 SH SOLE 501620 0 30059 MICROSOFT CORP COM 594918104 6493 48472 SH DFND 1 48472 0 0 CVS HEALTH CORP COM 126650100 12547 230270 SH SOLE 200902 0 29368 RAYTHEON CO COM NEW 755111507 9872 56774 SH DFND 1 56774 0 0 NEXTERA ENERGY INC COM 65339F101 886 4325 SH SOLE 4325 0 0 WEYERHAEUSER CO COM 962166104 11909 452129 SH SOLE 410169 0 41960 NORFOLK SOUTHERN CORP COM 655844108 997 5000 SH SOLE 5000 0 0 ABBOTT LABS COM 002824100 9595 114092 SH SOLE 93586 0 20506 ALPHABET INC CAP STK CL A 02079K305 19645 18143 SH SOLE 16496 0 1647 GENERAL ELECTRIC CO COM 369604103 120 11405 SH SOLE 11405 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 476 17260 SH SOLE 17260 0 0 DANAHER CORPORATION COM 235851102 6161 43108 SH SOLE 40932 0 2176 ROYAL BK CDA MONTREAL QUE COM 780087102 263 3315 SH SOLE 3315 0 0 VANECK VECTORS ETF TR SEMICONDUCTOR ET 92189F676 617 5600 SH SOLE 5600 0 0 CBS CORP NEW CL B 124857202 13406 268652 SH SOLE 232226 0 36426 SPDR S&P 500 ETF TR TR UNIT 78462F103 10924 37283 SH SOLE 37272 0 11 CHUBB LIMITED COM H1467J104 2551 17318 SH DFND 1 17318 0 0 QUALCOMM INC COM 747525103 468 6147 SH SOLE 4447 0 1700 AMERICAN EXPRESS CO COM 025816109 14025 113618 SH DFND 1 113618 0 0 LOEWS CORP COM 540424108 1140 20850 SH SOLE 20850 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 399 1950 SH DFND 1 1950 0 0 JPMORGAN CHASE & CO COM 46625H100 5961 53319 SH DFND 1 53319 0 0 SALESFORCE COM INC COM 79466L302 5114 33704 SH DFND 1 33704 0 0 BAIDU INC SPON ADR REP A 056752108 20 172 SH SOLE 172 0 0 TARGET CORP COM 87612E106 263 3040 SH SOLE 3040 0 0 WELLS FARGO CO NEW COM 949746101 1304 27560 SH SOLE 27560 0 0 ISHARES TR NASDAQ BIOTECH 464287556 0 300 SH Put SOLE 300 0 0 VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 598 36591 SH SOLE 36591 0 0 LOCKHEED MARTIN CORP COM 539830109 4931 13563 SH SOLE 13563 0 0 BLACK KNIGHT INC COM 09215C105 377 6262 SH SOLE 6262 0 0 APPLE INC COM 037833100 5266 26607 SH SOLE 26257 0 350 INTL PAPER CO COM 460146103 608 14040 SH DFND 1 14040 0 0 AT&T INC COM 00206R102 19277 575263 SH SOLE 512717 0 62546 YUM BRANDS INC COM 988498101 12081 109158 SH DFND 1 109158 0 0 BAIDU INC SPON ADR REP A 056752108 239 2035 SH DFND 1 2035 0 0 LOWES COS INC COM 548661107 290 2870 SH SOLE 2870 0 0 ENTERPRISE PRODS PARTNERS L COM 293792107 446 15438 SH SOLE 15438 0 0 GLOBAL PMTS INC COM 37940X102 327 2040 SH SOLE 2040 0 0 SVB FINL GROUP COM 78486Q101 472 2100 SH SOLE 2100 0 0 FEDEX CORP COM 31428X106 16489 100429 SH SOLE 91710 0 8719 INTERNATIONAL BUSINESS MACHS COM 459200101 2775 20124 SH SOLE 19024 0 1100 COCA COLA CO COM 191216100 25 500 SH DFND 1 500 0 0 ISHARES TR MSCI EAFE ETF 464287465 566 8615 SH SOLE 8615 0 0 FIDELITY NATL INFORMATION SV COM 31620M106 14008 114181 SH SOLE 108655 0 5526