FULTON BREAKEFIELD BROENNIMAN LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MSFT	203,347	$12,636	2.5%	$34.98	+54.2%	COM	594918104
BRK/B	BRKB	74,531	$12,147	2.4%	$153.96	0.0%	COM	084670702
WFC	WFC	215,774	$11,891	2.4%	$31.19	+25.1%	COM	949746101
—	GE	369,944	$11,690	2.3%	$24.19	—	COM	369604103
PNC	PNC	98,697	$11,544	2.3%	$62.70	+23.0%	COM	693475105
UNH	UNH	69,210	$11,076	2.2%	$100.32	+28.7%	COM	91324P102
PEP	PEP	105,368	$11,025	2.2%	$57.93	+37.0%	COM	713448108
CLX	CLX	90,535	$10,866	2.2%	$66.51	+36.6%	COM	189054109
JNJ	JNJ	91,887	$10,586	2.1%	$62.26	+44.1%	COM	478160104
AAPL	AAPL	90,622	$10,496	2.1%	$26.09	0.0%	COM	037833100
CVX	CVX	87,735	$10,326	2.0%	$68.29	+8.1%	COM	166764100
PFE	PFE	309,625	$10,057	2.0%	$16.85	+21.6%	COM	717081103
CHD	CHD	210,307	$9,293	1.8%	$36.21	+11.9%	COM	171340102
PFF	PFF	248,614	$9,251	1.8%	$39.32	—	PFD	464288687
GOOGL	GOOGL	11,576	$9,174	1.8%	$36.46	+8.9%	COM	02079K305
LOW	LOW	126,799	$9,018	1.8%	$41.08	+45.6%	COM	548661107
VZ	VZ	168,349	$8,986	1.8%	$27.25	+13.7%	COM	92343V104
—	WYN	115,189	$8,797	1.7%	$73.48	—	COM	98310W108
D	D	113,127	$8,664	1.7%	$35.53	+39.1%	COM	25746U109
MDLZ	MDLZ	183,230	$8,123	1.6%	$23.57	+47.4%	COM	609207105
TJX	TJX	106,228	$7,981	1.6%	$22.21	+49.7%	COM	872540109
SLB	SLB	94,687	$7,949	1.6%	$58.29	+8.1%	COM	806857108
NEE	NEE	65,148	$7,783	1.5%	$16.95	+40.0%	COM	65339F101
FTV	FTV	144,402	$7,744	1.5%	$30.87	+3.2%	COM	34959J108
—	UTX	69,987	$7,672	1.5%	$97.28	—	COM	913017109
VFC	VFC	141,883	$7,569	1.5%	$51.30	+1.1%	COM	918204108
V	V	96,668	$7,542	1.5%	$61.81	+22.1%	COM	92826C839
T	T	175,986	$7,485	1.5%	$12.62	+22.4%	COM	00206R102
—	DD	99,625	$7,312	1.4%	$53.68	—	COM	263534109
TIP	TIP	63,444	$7,180	1.4%	$113.17	—	PFD	464287176
MAR	MAR	85,908	$7,103	1.4%	$57.21	+21.3%	COM	571903202
INTC	INTC	192,878	$6,996	1.4%	$18.20	+60.2%	COM	458140100
DHR	DHR	89,855	$6,994	1.4%	$35.47	+87.1%	COM	235851102
MCHP	MCHP	106,596	$6,838	1.4%	$18.68	+42.1%	COM	595017104
ICF	ICF	67,845	$6,760	1.3%	$84.36	—	COM	464287564
—	AMTD	149,093	$6,500	1.3%	$28.54	—	COM	03074K100
—	CME	53,157	$6,132	1.2%	$96.14	—	COM	167760107
EXR	EXR	76,384	$5,900	1.2%	$52.12	0.0%	COM	30225T102
—	AMJ	182,404	$5,766	1.1%	$34.76	—	COM	46625H365
AMGN	AMGN	39,064	$5,712	1.1%	$114.37	0.0%	COM	031162100
CSX	CSX	154,151	$5,539	1.1%	$9.89	0.0%	COM	126408103
UNP	UNP	53,338	$5,530	1.1%	$67.48	+19.0%	COM	907818108
ACGL	ACGL	63,234	$5,456	1.1%	$24.20	+6.8%	COM	G0450A105
CSCO	CSCO	177,006	$5,349	1.1%	$15.91	+44.9%	COM	17275R102
—	AMT	49,534	$5,235	1.0%	$105.68	—	COM	029912201
PANW	PANW	41,368	$5,173	1.0%	$23.73	+0.9%	COM	697435105
BMY	BMY	88,465	$5,170	1.0%	$32.04	+23.4%	COM	110122108
XOM	XOM	56,207	$5,073	1.0%	$53.51	+8.7%	COM	30231G102
—	XLNX	83,589	$5,046	1.0%	$44.16	—	COM	983919101
—	BCR	21,293	$4,784	0.9%	$224.67	—	COM	067383109
MO	MO	68,392	$4,625	0.9%	$24.41	+39.2%	COM	02209S103
—	SHPG	26,227	$4,469	0.9%	$214.89	—	COM	82481R106
SRE	SRE	43,314	$4,359	0.9%	$36.05	+5.4%	COM	816851109
GPC	GPC	45,491	$4,346	0.9%	$56.44	+29.5%	COM	372460105
META	FB	35,213	$4,051	0.8%	$121.96	0.0%	COM	30303M102
—	CERN	73,196	$3,467	0.7%	$64.80	—	COM	156782104
ROP	ROP	18,511	$3,389	0.7%	$124.40	+36.5%	COM	776696106
NVS	NVS	46,166	$3,363	0.7%	$74.75	—	COM	66987V109
—	PX	28,483	$3,338	0.7%	$117.07	—	COM	74005P104
NKE	NKE	62,558	$3,180	0.6%	$42.82	+6.4%	COM	654106103
PM	PM	32,362	$2,961	0.6%	$50.74	+14.8%	COM	718172109
ES	ES	52,729	$2,912	0.6%	$36.74	+6.0%	COM	30040W108
—	JPM G	110,324	$2,798	0.6%	$5.03	—	PFD	48127X542
EPD	EPD	93,184	$2,520	0.5%	$48.62	—	COM	293792107
—	SWJ	102,943	$2,505	0.5%	$24.20	—	PFD	854502705
—	PJH	91,396	$2,263	0.4%	$24.53	—	PFD	740434782
MCK	MCK	16,096	$2,261	0.4%	$194.53	-29.7%	COM	58155Q103
VWO	VWO	58,298	$2,086	0.4%	$33.33	—	COM	922042858
JPM	JPM	22,635	$1,953	0.4%	$38.52	+55.5%	COM	46625H100
IXP	IXP	31,494	$1,849	0.4%	$60.02	—	COM	464287275
MMM	MMM	10,294	$1,838	0.4%	$64.68	+64.2%	COM	88579Y101
—	WFC T	69,660	$1,747	0.3%	$25.70	—	PFD	949746366
MCD	MCD	14,060	$1,711	0.3%	$72.47	+30.1%	COM	580135101
—	SCE F	71,204	$1,660	0.3%	$23.67	—	PFD	78406T201
—	STT E	62,123	$1,572	0.3%	$25.34	—	PFD	857477889
—	SOJA	59,950	$1,565	0.3%	$27.34	—	PFD	842587206
—	SCHW B	59,105	$1,493	0.3%	$25.68	—	PFD	808513204
—	WFC W	62,980	$1,490	0.3%	$25.96	—	PFD	94988U714
KMB	KMB	12,770	$1,457	0.3%	$63.25	+33.7%	COM	494368103
—	GS B	57,124	$1,453	0.3%	$25.37	—	PFD	38144X500
—	WRB C	57,625	$1,382	0.3%	$23.98	—	PFD	084423508
—	USB O	54,782	$1,328	0.3%	$23.70	—	PFD	902973791
USB	USB	25,192	$1,294	0.3%	$26.46	+27.6%	COM	902973304
PG	PG	15,338	$1,290	0.3%	$56.57	+18.0%	COM	742718109
—	ALL C	50,033	$1,290	0.3%	$25.78	—	PFD	020002606
—	UZA	47,150	$1,178	0.2%	$25.15	—	PFD	911684405
XLF	XLF	49,265	$1,145	0.2%	$20.47	—	COM	81369Y605
—	ALL A	44,096	$1,091	0.2%	$24.74	—	PFD	020002408
ORCL	ORCL	28,290	$1,088	0.2%	$31.48	+8.4%	COM	68389X105
—	UL	26,252	$1,068	0.2%	$40.85	—	COM	904767704
PRE 6.5 PERP G	PRE G	39,618	$1,027	0.2%	$28.99	—	PFD	G68603136
NVZMF	NVZMF	27,034	$932	0.2%	$39.80	-19.4%	COM	K7317J133
—	HSBC A	34,962	$881	0.2%	$24.88	—	PFD	404280604
XLK	XLK	17,372	$840	0.2%	$41.54	—	COM	81369Y803
—	PSB S	33,511	$840	0.2%	$25.10	—	PFD	69360J719
—	AFW	32,783	$824	0.2%	$25.13	—	PFD	025932401
SCHM	SCHM	18,210	$822	0.2%	$40.42	—	COM	808524508
XEL	XEL	17,382	$707	0.1%	$20.23	+49.0%	COM	98389B100
KO	KO	16,525	$685	0.1%	$28.09	+11.1%	COM	191216100
—	JPM B	25,112	$675	0.1%	$26.06	—	PFD	48127A161
—	AFSD	27,135	$657	0.1%	$24.21	—	PFD	001055300
—	NEE I	27,055	$595	0.1%	$22.61	—	PFD	65339K803
—	PBSAY	22,539	$589	0.1%	$26.51	—	PFD	74460W842
IDV	IDV	19,752	$584	0.1%	$28.13	—	COM	464288448
—	SCHW D	22,925	$573	0.1%	$26.30	—	PFD	808513600
—	PSA V	23,040	$521	0.1%	$23.96	—	PFD	74460W800
—	BBT D	20,908	$513	0.1%	$24.54	—	PFD	054937206
—	NEE G	20,090	$487	0.1%	$24.45	—	PFD	65339K605
RWX	RWX	12,248	$442	0.1%	$41.47	—	COM	78463X863
—	STT C	17,835	$417	0.1%	$23.24	—	PFD	857477509
—	RJD	16,155	$410	0.1%	$26.32	—	PFD	754730208
—	VNO K	16,922	$399	0.1%	$24.06	—	PFD	929042851
—	BCS D	13,780	$352	0.1%	$26.08	—	PFD	06739H362
—	PSA Z	12,120	$307	0.1%	$28.20	—	PFD	74460W826
—	WFC V	11,400	$286	0.1%	$25.20	—	PFD	94988U730
—	O F	10,395	$261	0.1%	$26.06	—	PFD	756109807