FULTON BREAKEFIELD BROENNIMAN LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MSFT	204,239	$11,764	2.4%	$34.98	+43.8%	COM	594918104
PEP	PEP	104,331	$11,348	2.3%	$57.93	+40.0%	COM	713448108
—	GE	366,036	$10,842	2.2%	$24.11	—	COM	369604103
—	BRKB	74,040	$10,697	2.2%	$117.48	—	COM	84670702
JNJ	JNJ	90,310	$10,668	2.2%	$61.79	+51.5%	COM	478160104
PFE	PFE	307,088	$10,401	2.1%	$16.85	+32.1%	COM	717081103
—	AAPL	91,071	$10,296	2.1%	$109.64	—	COM	37833100
CHD	CHD	213,082	$10,211	2.1%	$36.21	+20.7%	COM	171340102
PFF	PFF	257,990	$10,191	2.1%	$39.32	—	PFD	464288687
UNH	UNH	71,363	$9,991	2.0%	$100.32	+20.1%	COM	91324P102
WFC	WFC	220,374	$9,758	2.0%	$31.19	+18.1%	COM	949746101
CLX	CLX	77,903	$9,752	2.0%	$62.56	+60.2%	COM	189054109
GOOGL	GOOGL	11,546	$9,284	1.9%	$36.46	+6.5%	COM	02079K305
LOW	LOW	127,900	$9,236	1.9%	$41.08	+59.3%	COM	548661107
CVX	CVX	88,223	$9,080	1.8%	$68.29	+0.3%	COM	166764100
PNC	PNC	98,463	$8,871	1.8%	$62.70	+0.9%	COM	693475105
VZ	VZ	169,709	$8,821	1.8%	$27.25	+20.8%	COM	92343V104
D	D	112,708	$8,371	1.7%	$35.53	+42.5%	COM	25746U109
MDLZ	MDLZ	186,476	$8,186	1.7%	$23.57	+49.4%	COM	609207105
TJX	TJX	107,432	$8,034	1.6%	$22.21	+54.4%	COM	872540109
V	V	96,647	$7,993	1.6%	$61.81	+21.3%	COM	92826C839
—	UL	156,687	$7,427	1.5%	$40.85	—	COM	904767704
SLB	SLB	94,097	$7,400	1.5%	$58.29	+4.1%	COM	806857108
FTV	FTV	143,363	$7,297	1.5%	$30.87	0.0%	COM	34959J108
INTC	INTC	191,475	$7,228	1.5%	$18.20	+57.3%	COM	458140100
ICF	ICF	67,606	$7,092	1.4%	$84.36	—	COM	464287564
—	UTX	69,747	$7,086	1.4%	$97.28	—	COM	913017109
PANW	PANW	44,419	$7,077	1.4%	$23.73	-4.0%	COM	697435105
DHR	DHR	89,930	$7,050	1.4%	$35.47	+89.7%	COM	235851102
T	T	172,563	$7,008	1.4%	$12.57	+29.6%	COM	00206R102
MCHP	MCHP	111,258	$6,914	1.4%	$18.68	+30.6%	COM	595017104
—	WYN	101,419	$6,829	1.4%	$73.09	—	COM	98310W108
—	DD	101,855	$6,821	1.4%	$53.68	—	COM	263534109
—	AMGN	39,954	$6,665	1.4%	$104.20	—	COM	31162100
NEE	NEE	51,390	$6,286	1.3%	$15.13	+64.0%	COM	65339F101
MAR	MAR	90,143	$6,069	1.2%	$57.21	+13.0%	COM	571903202
XEL	XEL	145,887	$6,002	1.2%	$20.23	+58.1%	COM	98389B100
—	AMJ	182,718	$5,756	1.2%	$34.76	—	COM	46625H365
VFC	VFC	101,664	$5,698	1.2%	$51.08	+13.0%	COM	918204108
—	CERN	92,080	$5,686	1.2%	$64.80	—	COM	156782104
CSCO	CSCO	175,385	$5,563	1.1%	$15.91	+44.9%	COM	17275R102
—	CME	52,635	$5,501	1.1%	$96.14	—	COM	167760107
—	SHPG	28,138	$5,455	1.1%	$214.89	—	COM	82481R106
—	AMTD	148,970	$5,250	1.1%	$28.54	—	COM	03074K100
—	AMT	45,885	$5,200	1.1%	$113.33	—	COM	29912201
UNP	UNP	53,042	$5,173	1.0%	$67.48	+12.5%	COM	907818108
ACGL	ACGL	62,947	$4,989	1.0%	$24.20	0.0%	COM	G0450A105
XOM	XOM	56,508	$4,932	1.0%	$53.51	+9.4%	COM	30231G102
BMY	BMY	88,448	$4,769	1.0%	$32.04	+44.0%	COM	110122108
GPC	GPC	46,807	$4,702	1.0%	$56.44	+36.8%	COM	372460105
SRE	SRE	43,293	$4,641	0.9%	$36.05	+11.9%	COM	816851109
—	XLNX	83,804	$4,554	0.9%	$44.16	—	COM	983919101
—	BCR	20,186	$4,527	0.9%	$165.40	—	COM	67383109
MO	MO	67,894	$4,293	0.9%	$24.41	+42.4%	COM	02209S103
—	ALXN	32,748	$4,013	0.8%	$174.18	—	COM	15351109
NVS	NVS	47,702	$3,767	0.8%	$74.75	—	COM	66987V109
—	PX	28,513	$3,445	0.7%	$117.07	—	COM	74005P104
ROP	ROP	18,526	$3,380	0.7%	$124.40	+32.5%	COM	776696106
MCK	MCK	20,100	$3,352	0.7%	$194.53	-11.0%	COM	58155Q103
NKE	NKE	63,506	$3,344	0.7%	$42.82	+16.8%	COM	654106103
—	STT+E	121,692	$3,259	0.7%	$25.34	—	PFD	857477889
PM	PM	31,686	$3,080	0.6%	$50.58	+23.1%	COM	718172109
—	JPM+G	110,963	$3,008	0.6%	$5.03	—	PFD	48127X542
PG	PG	30,851	$2,769	0.6%	$56.57	+19.4%	COM	742718109
ES	ES	50,018	$2,710	0.5%	$36.62	+11.4%	COM	30040W108
—	SWJ	103,193	$2,660	0.5%	$24.20	—	PFD	854502705
EPD	EPD	89,754	$2,480	0.5%	$49.45	—	COM	293792107
—	PJH	92,255	$2,436	0.5%	$24.53	—	PFD	740434782
NVZMF	NVZMF	53,264	$2,345	0.5%	$39.80	-0.2%	COM	K7317J133
VWO	VWO	58,155	$2,188	0.4%	$33.33	—	COM	922042858
IXP	IXP	31,846	$1,970	0.4%	$60.02	—	COM	464287275
MMM	MMM	10,903	$1,921	0.4%	$64.68	+68.8%	COM	88579Y101
—	WFC+T	69,529	$1,862	0.4%	$25.70	—	PFD	949746366
—	SCE+F	71,920	$1,840	0.4%	$23.67	—	PFD	78406T201
KMB	KMB	13,708	$1,729	0.4%	$63.25	+47.8%	COM	494368103
MCD	MCD	14,352	$1,656	0.3%	$72.47	+30.5%	COM	580135101
—	WFC+W	63,180	$1,638	0.3%	$25.96	—	PFD	94988U714
—	SOJA	58,150	$1,618	0.3%	$27.38	—	PFD	842587206
—	WRB+C	59,925	$1,583	0.3%	$20.15	—	PFD	84423508
—	SCHW+B	59,322	$1,563	0.3%	$25.68	—	PFD	808513204
—	GS+B	57,371	$1,500	0.3%	$25.37	—	PFD	38144X500
—	USB+O	56,064	$1,490	0.3%	$23.70	—	PFD	902973791
JPM	JPM	21,649	$1,442	0.3%	$37.55	+35.4%	COM	46625H100
—	ALL+C	50,383	$1,369	0.3%	$25.83	—	PFD	20002606
—	UZA	48,085	$1,265	0.3%	$25.15	—	PFD	911684405
—	ALL+A	44,082	$1,177	0.2%	$23.76	—	PFD	20002408
ORCL	ORCL	29,272	$1,150	0.2%	$31.48	+12.5%	COM	68389X105
PRE 6.5 PERP G	PRE+G	39,618	$1,131	0.2%	$28.99	—	PFD	G68603136
XLF	XLF	49,910	$963	0.2%	$20.47	—	COM	81369Y605
—	HSBC+A	35,212	$903	0.2%	$24.88	—	PFD	404280604
XLK	XLK	18,642	$891	0.2%	$41.54	—	COM	81369Y803
—	AFW	33,583	$875	0.2%	$25.62	—	PFD	25932401
—	PSB+S	33,757	$859	0.2%	$25.10	—	PFD	69360J719
USB	USB	19,748	$847	0.2%	$24.45	+22.6%	COM	902973304
SCHM	SCHM	17,764	$773	0.2%	$40.30	—	COM	808524508
—	AFSD	27,135	$719	0.1%	$24.81	—	PFD	1055300
—	JPM+B	25,112	$710	0.1%	$26.06	—	PFD	48127A161
KO	KO	16,345	$692	0.1%	$28.05	+16.0%	COM	191216100
—	NEE+I	26,200	$667	0.1%	$22.63	—	PFD	65339K803
—	PBSAY	21,729	$608	0.1%	$26.53	—	PFD	74460W842
—	PSA+V	23,640	$602	0.1%	$23.96	—	PFD	74460W800
IDV	IDV	20,079	$602	0.1%	$28.13	—	COM	464288448
—	SCHW+D	21,375	$582	0.1%	$26.40	—	PFD	808513600
—	BBT+D	21,504	$554	0.1%	$25.26	—	PFD	54937206
—	NEE+G	21,440	$550	0.1%	$24.45	—	PFD	65339K605
RWX	RWX	11,779	$491	0.1%	$41.69	—	COM	78463X863
—	RJD	17,985	$465	0.1%	$26.32	—	PFD	754730208
—	STT+C	17,835	$454	0.1%	$23.24	—	PFD	857477509
—	VNO+K	17,416	$445	0.1%	$24.06	—	PFD	929042851
—	BCS+D	13,780	$359	0.1%	$26.08	—	PFD	06739H362
—	PSA+Z	12,020	$330	0.1%	$28.20	—	PFD	74460W826
—	WFC+V	11,400	$305	0.1%	$25.20	—	PFD	94988U730
—	MENT	10,774	$285	0.1%	$20.33	—	COM	587200106
—	O+F	10,381	$270	0.1%	$26.06	—	PFD	756109807
—	ECON	10,475	$260	0.1%	$21.76	—	COM	268461779
—	EGOV	10,115	$238	0.0%	$21.95	—	COM	62914B100