FULTON BREAKEFIELD BROENNIMAN LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	GE	363,936	$11,457	2.3%	$24.11	—	COM	369604103
CHD	CHD	107,960	$11,108	2.3%	$28.91	+47.3%	COM	171340102
JNJ	JNJ	90,887	$11,025	2.2%	$61.79	+40.9%	COM	478160104
PEP	PEP	103,899	$11,007	2.2%	$57.93	+33.0%	COM	713448108
PFE	PFE	306,429	$10,789	2.2%	$16.85	+24.9%	COM	717081103
CLX	CLX	77,919	$10,783	2.2%	$62.56	+57.7%	COM	189054109
—	BRKB	73,590	$10,655	2.2%	$117.48	—	COM	84670702
MSFT	MSFT	205,554	$10,518	2.1%	$34.98	+31.5%	COM	594918104
LOW	LOW	128,187	$10,149	2.1%	$41.08	+57.7%	COM	548661107
UNH	UNH	70,869	$10,007	2.0%	$100.32	+13.8%	COM	91324P102
PFF	PFF	244,410	$9,750	2.0%	$39.31	—	PFD	464288687
VZ	VZ	168,286	$9,397	1.9%	$27.25	+15.5%	COM	92343V104
CVX	CVX	87,652	$9,189	1.9%	$68.29	-2.2%	COM	166764100
DHR	DHR	89,372	$9,027	1.8%	$35.47	+13.0%	COM	235851102
D	D	113,395	$8,837	1.8%	$35.53	+34.4%	COM	25746U109
—	AAPL	91,453	$8,743	1.8%	$109.64	—	COM	37833100
MDLZ	MDLZ	189,246	$8,613	1.8%	$23.57	+47.8%	COM	609207105
WFC	WFC	172,989	$8,188	1.7%	$29.64	+25.6%	COM	949746101
GOOGL	GOOGL	11,624	$8,178	1.7%	$36.46	-0.1%	COM	02079K305
TJX	TJX	105,879	$8,177	1.7%	$22.03	+51.4%	COM	872540109
—	UL	157,139	$7,529	1.5%	$40.85	—	COM	904767704
ICF	ICF	68,647	$7,428	1.5%	$84.36	—	COM	464287564
MCD	MCD	60,870	$7,325	1.5%	$72.47	+36.8%	COM	580135101
SLB	SLB	92,206	$7,292	1.5%	$58.24	0.0%	COM	806857108
—	WYN	101,779	$7,250	1.5%	$73.09	—	COM	98310W108
V	V	97,435	$7,227	1.5%	$61.81	+18.5%	COM	92826C839
T	T	166,689	$7,203	1.5%	$12.44	+21.5%	COM	00206R102
—	UTX	68,979	$7,074	1.4%	$97.24	—	COM	913017109
—	DD	102,208	$6,623	1.4%	$53.68	—	COM	263534109
NEE	NEE	50,719	$6,614	1.3%	$15.00	+56.5%	COM	65339F101
XEL	XEL	146,571	$6,563	1.3%	$20.23	+51.8%	COM	98389B100
PNC	PNC	79,655	$6,483	1.3%	$62.56	+0.6%	COM	693475105
INTC	INTC	192,221	$6,305	1.3%	$18.20	+38.0%	COM	458140100
VFC	VFC	101,254	$6,226	1.3%	$51.08	+15.8%	COM	918204108
—	AMGN	40,849	$6,215	1.3%	$104.20	—	COM	31162100
MAR	MAR	93,167	$6,192	1.3%	$57.21	+7.2%	COM	571903202
—	AMJ	182,346	$5,800	1.2%	$34.76	—	COM	46625H365
MCHP	MCHP	112,412	$5,706	1.2%	$18.68	+11.1%	COM	595017104
EMB	EMB	49,410	$5,690	1.2%	$115.16	—	PFD	464288281
PANW	PANW	44,516	$5,459	1.1%	$23.73	-2.4%	COM	697435105
—	CERN	92,718	$5,433	1.1%	$64.80	—	COM	156782104
BMY	BMY	73,710	$5,421	1.1%	$29.22	+72.8%	COM	110122108
XOM	XOM	57,338	$5,375	1.1%	$53.51	+8.1%	COM	30231G102
—	SHPG	28,075	$5,168	1.1%	$214.89	—	COM	82481R106
—	CME	52,190	$5,083	1.0%	$96.14	—	COM	167760107
CSCO	CSCO	174,081	$4,994	1.0%	$15.91	+31.1%	COM	17275R102
SRE	SRE	41,790	$4,765	1.0%	$35.89	+8.7%	COM	816851109
GPC	GPC	46,890	$4,748	1.0%	$56.44	+30.0%	COM	372460105
MO	MO	68,702	$4,738	1.0%	$24.41	+36.1%	COM	02209S103
UNP	UNP	53,316	$4,652	0.9%	$67.48	+1.1%	COM	907818108
—	BCR	19,529	$4,592	0.9%	$163.42	—	COM	67383109
—	AMTD	147,476	$4,199	0.9%	$28.47	—	COM	03074K100
—	ALXN	34,500	$4,028	0.8%	$174.18	—	COM	15351109
ED	ED	49,073	$3,947	0.8%	$38.41	+38.4%	COM	209115104
NVS	NVS	47,355	$3,907	0.8%	$74.75	—	COM	66987V109
—	XLNX	84,288	$3,888	0.8%	$44.16	—	COM	983919101
MCK	MCK	20,033	$3,739	0.8%	$194.53	-16.4%	COM	58155Q103
NKE	NKE	63,327	$3,496	0.7%	$42.82	+17.5%	COM	654106103
—	STT+E	122,135	$3,408	0.7%	$25.34	—	PFD	857477889
—	PX	29,012	$3,261	0.7%	$117.07	—	COM	74005P104
ROP	ROP	18,764	$3,200	0.7%	$124.40	+32.7%	COM	776696106
PM	PM	30,900	$3,143	0.6%	$50.28	+22.1%	COM	718172109
—	JPM+G	110,302	$2,935	0.6%	$5.03	—	PFD	48127X542
ES	ES	48,203	$2,887	0.6%	$36.46	+11.3%	COM	30040W108
—	SWJ	103,803	$2,746	0.6%	$24.20	—	PFD	854502705
PG	PG	31,235	$2,645	0.5%	$56.57	+12.0%	COM	742718109
EPD	EPD	88,611	$2,593	0.5%	$49.73	—	COM	293792107
NVZMF	NVZMF	53,480	$2,553	0.5%	$39.80	+2.3%	COM	K7317J133
—	PJH	93,580	$2,514	0.5%	$24.53	—	PFD	740434782
TROW	TROW	30,544	$2,229	0.5%	$49.41	+6.1%	COM	74144T108
VWO	VWO	57,708	$2,033	0.4%	$33.33	—	COM	922042858
IXP	IXP	31,351	$1,981	0.4%	$60.00	—	COM	464287275
MMM	MMM	11,052	$1,935	0.4%	$64.68	+58.4%	COM	88579Y101
—	SCE+F	72,260	$1,917	0.4%	$23.67	—	PFD	78406T201
KMB	KMB	13,657	$1,878	0.4%	$63.25	+48.5%	COM	494368103
—	WFC+T	68,899	$1,855	0.4%	$25.70	—	PFD	949746366
—	WFC+W	61,025	$1,618	0.3%	$25.96	—	PFD	94988U714
—	SCHW+B	58,627	$1,577	0.3%	$25.68	—	PFD	808513204
—	USB+O	56,746	$1,524	0.3%	$23.70	—	PFD	902973791
—	GS+B	57,567	$1,520	0.3%	$25.37	—	PFD	38144X500
—	SOJA	54,275	$1,513	0.3%	$27.35	—	PFD	842587206
—	ALL+C	50,308	$1,416	0.3%	$25.83	—	PFD	20002606
—	WRB+C	54,250	$1,395	0.3%	$19.49	—	PFD	84423508
JPM	JPM	21,736	$1,351	0.3%	$37.55	+28.7%	COM	46625H100
—	UZA	48,900	$1,260	0.3%	$25.15	—	PFD	911684405
ORCL	ORCL	29,945	$1,226	0.3%	$31.48	+9.8%	COM	68389X105
XLF	XLF	52,633	$1,203	0.2%	$20.47	—	COM	81369Y605
—	ALL+A	44,069	$1,190	0.2%	$23.76	—	PFD	20002408
PRE 6.5 PERP G	PRE+G	39,706	$1,151	0.2%	$28.99	—	PFD	G68603136
—	HSBC+A	35,712	$926	0.2%	$24.88	—	PFD	404280604
—	AFW	33,918	$902	0.2%	$25.62	—	PFD	25932401
—	PSB+S	33,949	$874	0.2%	$25.10	—	PFD	69360J719
—	PSA+R	34,330	$864	0.2%	$25.50	—	PFD	74460D125
USB	USB	20,798	$839	0.2%	$24.45	+19.3%	COM	902973304
XLK	XLK	19,118	$829	0.2%	$41.54	—	COM	81369Y803
—	BCS+	29,747	$761	0.2%	$25.49	—	PFD	06739F390
SCHM	SCHM	17,783	$747	0.2%	$40.30	—	COM	808524508
—	AFSD	27,285	$727	0.1%	$24.81	—	PFD	1055300
KO	KO	15,231	$690	0.1%	$27.73	+20.2%	COM	191216100
—	JPM+B	24,262	$685	0.1%	$25.98	—	PFD	48127A161
—	NEE+I	23,325	$613	0.1%	$22.28	—	PFD	65339K803
—	PBSAY	21,589	$609	0.1%	$26.53	—	PFD	74460W842
IDV	IDV	20,392	$584	0.1%	$28.13	—	COM	464288448
—	BBT+D	21,500	$579	0.1%	$25.26	—	PFD	54937206
—	NEE+G	21,640	$575	0.1%	$24.45	—	PFD	65339K605
—	PSA+V	21,915	$571	0.1%	$23.84	—	PFD	74460W800
RWX	RWX	12,938	$536	0.1%	$41.69	—	COM	78463X863
—	RJD	17,985	$475	0.1%	$26.32	—	PFD	754730208
—	STT+C	17,835	$470	0.1%	$23.24	—	PFD	857477509
—	VNO+K	17,335	$451	0.1%	$24.06	—	PFD	929042851
—	SCHW+D	15,950	$428	0.1%	$26.11	—	PFD	808513600
—	BCS+D	13,780	$356	0.1%	$26.08	—	PFD	06739H362
—	PSA+Z	12,020	$339	0.1%	$28.20	—	PFD	74460W826
—	WFC+V	11,800	$320	0.1%	$25.20	—	PFD	94988U730
—	O+F	10,368	$272	0.1%	$26.06	—	PFD	756109807
—	ECON	11,175	$259	0.1%	$21.76	—	COM	268461779
—	MENT	10,774	$229	0.0%	$20.33	—	COM	587200106
—	EGOV	10,115	$222	0.0%	$21.95	—	COM	62914B100