FULTON BREAKEFIELD BROENNIMAN LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MSFT	204,850	$14,120	2.5%	$34.98	+78.2%	COM	594918104
AAPL	AAPL	90,016	$12,964	2.3%	$26.09	+31.5%	COM	037833100
BRK/B	BRKB	75,299	$12,753	2.3%	$154.11	+7.9%	COM	084670702
UNH	UNH	68,654	$12,730	2.3%	$100.32	+52.2%	COM	91324P102
JNJ	JNJ	92,259	$12,205	2.2%	$62.26	+61.2%	COM	478160104
PEP	PEP	105,432	$12,176	2.2%	$57.93	+52.2%	COM	713448108
PNC	PNC	97,326	$12,153	2.2%	$62.70	+44.1%	COM	693475105
CLX	CLX	89,044	$11,864	2.1%	$66.51	+58.4%	COM	189054109
WFC	WFC	213,024	$11,804	2.1%	$31.19	+35.2%	COM	949746101
GOOGL	GOOGL	12,249	$11,388	2.0%	$36.78	+26.2%	COM	02079K305
PFF	PFF	282,578	$11,069	2.0%	$39.27	—	PFD	464288687
CHD	CHD	204,340	$10,601	1.9%	$36.21	+26.5%	COM	171340102
PFE	PFE	312,144	$10,485	1.9%	$16.85	+28.2%	COM	717081103
—	GE	373,586	$10,091	1.8%	$24.19	—	COM	369604103
LOW	LOW	128,332	$9,950	1.8%	$41.60	+67.6%	COM	548661107
TIP	TIP	87,070	$9,876	1.8%	$113.46	—	PFD	464287176
CVX	CVX	90,135	$9,404	1.7%	$68.45	+6.9%	COM	166764100
FTV	FTV	145,346	$9,208	1.6%	$30.87	+23.1%	COM	34959J108
V	V	97,526	$9,146	1.6%	$62.16	+40.6%	COM	92826C839
NEE	NEE	64,925	$9,098	1.6%	$16.95	+62.5%	COM	65339F101
D	D	111,357	$8,533	1.5%	$35.53	+51.3%	COM	25746U109
CCL	CCL	128,482	$8,425	1.5%	$56.43	0.0%	COM	143658300
NWL	NWL	150,882	$8,090	1.4%	$32.19	+7.3%	COM	651229106
—	DD	98,038	$7,913	1.4%	$53.68	—	COM	263534109
MDLZ	MDLZ	182,487	$7,882	1.4%	$23.57	+55.6%	COM	609207105
TJX	TJX	108,185	$7,808	1.4%	$22.32	+49.6%	COM	872540109
GPC	GPC	84,089	$7,800	1.4%	$63.40	+12.7%	COM	372460105
MAR	MAR	77,084	$7,732	1.4%	$57.21	+62.4%	COM	571903202
MCHP	MCHP	99,599	$7,687	1.4%	$18.68	+79.5%	COM	595017104
VZ	VZ	170,850	$7,630	1.4%	$27.30	+8.2%	COM	92343V104
DHR	DHR	90,401	$7,629	1.4%	$35.47	+102.4%	COM	235851102
—	ACN	61,666	$7,627	1.4%	$123.68	—	COM	G1150G111
—	AMJ	250,364	$7,436	1.3%	$34.06	—	COM	46625H365
EMB	EMB	63,698	$7,285	1.3%	$113.77	—	PFD	464288281
T	T	187,601	$7,078	1.3%	$12.86	+23.9%	COM	00206R102
—	UTX	57,939	$7,075	1.3%	$97.71	—	COM	913017109
—	BCR	22,008	$6,957	1.2%	$226.15	—	COM	067383109
ICF	ICF	68,734	$6,950	1.2%	$84.53	—	COM	464287564
AMGN	AMGN	40,189	$6,922	1.2%	$114.75	+9.2%	COM	031162100
—	CME	53,616	$6,715	1.2%	$96.14	—	COM	167760107
—	AMT	49,837	$6,594	1.2%	$105.68	—	COM	029912201
INTC	INTC	190,706	$6,434	1.1%	$18.20	+62.5%	COM	458140100
—	AMTD	149,374	$6,422	1.1%	$28.54	—	COM	03074K100
EXR	EXR	81,110	$6,327	1.1%	$52.26	+6.2%	COM	30225T102
UNP	UNP	57,869	$6,302	1.1%	$69.11	+30.4%	COM	907818108
EPD	EPD	225,644	$6,110	1.1%	$36.28	—	COM	293792107
SLB	SLB	92,178	$6,069	1.1%	$58.36	-4.4%	COM	806857108
ACGL	ACGL	63,686	$5,941	1.1%	$24.20	+24.6%	COM	G0450A105
CSCO	CSCO	183,225	$5,735	1.0%	$16.22	+54.5%	COM	17275R102
GILD	GILD	79,389	$5,619	1.0%	$50.61	-4.5%	COM	375558103
META	FB	36,386	$5,494	1.0%	$122.53	+20.5%	COM	30303M102
BMY	BMY	97,797	$5,449	1.0%	$32.75	+21.8%	COM	110122108
MO	MO	70,717	$5,266	0.9%	$24.81	+58.4%	COM	02209S103
SRE	SRE	45,176	$5,094	0.9%	$36.19	+18.3%	COM	816851109
CSX	CSX	93,326	$5,092	0.9%	$9.89	+54.1%	COM	126408103
—	XLNX	78,968	$5,079	0.9%	$44.16	—	COM	983919101
PANW	PANW	34,023	$4,553	0.8%	$23.73	-14.9%	COM	697435105
XOM	XOM	55,892	$4,512	0.8%	$53.55	+3.6%	COM	30231G102
—	CERN	64,421	$4,282	0.8%	$64.80	—	COM	156782104
ROP	ROP	18,385	$4,257	0.8%	$124.40	+69.1%	COM	776696106
—	PX	28,845	$3,823	0.7%	$117.07	—	COM	74005P104
PM	PM	32,083	$3,768	0.7%	$50.89	+46.0%	COM	718172109
NKE	NKE	63,253	$3,732	0.7%	$42.88	+12.5%	COM	654106103
—	SHPG	22,526	$3,723	0.7%	$214.89	—	COM	82481R106
VWO	VWO	79,706	$3,254	0.6%	$35.17	—	COM	922042858
—	STT E	121,363	$3,249	0.6%	$25.78	—	PFD	857477889
—	JPM G	109,347	$2,967	0.5%	$5.03	—	PFD	48127X542
—	SWJ	102,406	$2,619	0.5%	$24.20	—	PFD	854502705
—	PJH	92,274	$2,398	0.4%	$24.53	—	PFD	740434782
ES	ES	38,357	$2,329	0.4%	$36.87	+22.2%	COM	30040W108
VEU	VEU	44,827	$2,243	0.4%	$48.81	—	COM	922042775
IXP	IXP	31,994	$1,872	0.3%	$60.00	—	COM	464287275
JPM	JPM	20,155	$1,842	0.3%	$38.52	+77.9%	COM	46625H100
—	WFC T	69,271	$1,823	0.3%	$25.70	—	PFD	949746366
—	SCE F	70,094	$1,761	0.3%	$23.67	—	PFD	78406T201
—	WFC W	64,542	$1,672	0.3%	$25.96	—	PFD	94988U714
—	SOJA	59,750	$1,635	0.3%	$27.34	—	PFD	842587206
—	WRB C	57,025	$1,516	0.3%	$23.98	—	PFD	084423508
—	SCHW B	57,774	$1,475	0.3%	$25.68	—	PFD	808513204
—	GS B	56,199	$1,471	0.3%	$25.37	—	PFD	38144X500
KMB	KMB	11,116	$1,435	0.3%	$63.25	+52.1%	COM	494368103
—	USB O	54,730	$1,432	0.3%	$23.70	—	PFD	902973791
ORCL	ORCL	26,539	$1,331	0.2%	$31.48	+27.4%	COM	68389X105
—	ALL C	48,958	$1,323	0.2%	$25.78	—	PFD	020002606
—	APO A	48,862	$1,257	0.2%	$25.73	—	PFD	037612405
PG	PG	14,058	$1,225	0.2%	$56.57	+24.0%	COM	742718109
SCHM	SCHM	25,139	$1,211	0.2%	$42.48	—	COM	808524508
—	UZA	47,190	$1,207	0.2%	$25.15	—	PFD	911684405
USB	USB	23,207	$1,205	0.2%	$26.46	+39.7%	COM	902973304
—	ALL A	43,124	$1,116	0.2%	$24.74	—	PFD	020002408
PRE 6.5 PERP G	PRE G	38,618	$1,051	0.2%	$28.99	—	PFD	G68603136
XLF	XLF	37,297	$920	0.2%	$20.47	—	COM	81369Y605
—	HSBC A	34,662	$915	0.2%	$24.88	—	PFD	404280604
XLK	XLK	14,491	$793	0.1%	$41.54	—	COM	81369Y803
KO	KO	16,953	$760	0.1%	$28.24	+19.2%	COM	191216100
—	NEE I	29,833	$755	0.1%	$22.83	—	PFD	65339K803
—	SCHW D	25,475	$695	0.1%	$26.32	—	PFD	808513600
—	AFSD	26,335	$668	0.1%	$24.21	—	PFD	001055300
—	PSA V	26,405	$667	0.1%	$24.06	—	PFD	74460W800
SCHA	SCHA	10,421	$666	0.1%	$63.91	—	COM	808524607
—	JPM B	23,747	$641	0.1%	$26.06	—	PFD	48127A161
—	PBSAY	21,558	$590	0.1%	$26.51	—	PFD	74460W842
—	STT C	20,610	$520	0.1%	$23.48	—	PFD	857477509
RWX	RWX	13,375	$510	0.1%	$40.97	—	COM	78463X863
—	BBT D	19,117	$490	0.1%	$24.54	—	PFD	054937206
—	NEE G	18,990	$481	0.1%	$24.45	—	PFD	65339K605
IDV	IDV	13,072	$428	0.1%	$28.13	—	COM	464288448
—	VNO K	15,591	$399	0.1%	$24.06	—	PFD	929042851
—	BCS D	12,780	$340	0.1%	$26.08	—	PFD	06739H362
SCHE	SCHE	13,015	$323	0.1%	$24.82	—	COM	808524706
—	PSA Z	11,785	$315	0.1%	$28.20	—	PFD	74460W826
—	WFC V	11,400	$301	0.1%	$25.20	—	PFD	94988U730