Instuitional Investor - Fulton Breakefield Broenniman Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	230,377	$172,527,179	10.17%
2.	Vanguard Tax-Managed Fds		1,355,730	$96,595,754	5.69%
3.	Apple Inc.	AAPL	289,696	$83,826,313	4.94%
4.	Alphabet Inc.	GOOGL	217,294	$77,654,470	4.58%
5.	Taiwan Semiconductor Manufacturing Co Ltd	TSM	157,528	$75,230,503	4.43%