Salient Trust

Salient Trust as of Dec. 31, 2013

Portfolio Holdings for Salient Trust

Salient Trust holds 139 positions in its portfolio as reported in the December 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Exxon Mobil Corporation (XOM) 65.5 $504M 5.0M 101.20
Service Corporation International (SCI) 3.2 $25M 1.4M 18.13
Philip Morris International (PM) 1.8 $14M 155k 87.13
Coca-Cola Company (KO) 1.4 $11M 254k 41.31
Enterprise Products Partners (EPD) 1.2 $9.3M 141k 66.30
Altria (MO) 1.0 $7.6M 198k 38.39
Procter & Gamble Company (PG) 0.9 $7.0M 86k 81.41
Crown Castle International 0.9 $7.0M 95k 73.43
Johnson & Johnson (JNJ) 0.9 $6.9M 75k 91.58
Plains Gp Hldgs L P shs a rep ltpn 0.7 $5.3M 199k 26.77
EV Energy Partners 0.6 $4.9M 145k 33.93
Microsoft Corporation (MSFT) 0.6 $4.4M 117k 37.41
Abbott Laboratories (ABT) 0.5 $4.1M 108k 38.33
Travelers Companies (TRV) 0.5 $4.2M 46k 90.55
Magellan Midstream Partners 0.5 $4.1M 65k 63.27
Merck & Co (MRK) 0.5 $3.9M 78k 50.04
Energy Transfer Equity (ET) 0.5 $3.9M 47k 81.74
Targa Res Corp (TRGP) 0.5 $3.6M 41k 88.18
Royal Dutch Shell 0.5 $3.4M 48k 71.28
Berkshire Hathaway (BRK.B) 0.4 $3.2M 27k 118.55
Abbvie (ABBV) 0.4 $3.1M 60k 52.81
WESTERN GAS EQUITY Partners 0.4 $3.1M 78k 39.51
General Electric Company 0.4 $3.0M 107k 28.03
Kinder Morgan Management 0.4 $2.9M 38k 75.65
Pepsi (PEP) 0.4 $2.8M 34k 82.94
MarkWest Energy Partners 0.4 $2.8M 42k 66.12
Williams Companies (WMB) 0.3 $2.6M 68k 38.56
Oneok (OKE) 0.3 $2.6M 42k 62.18
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.3 $2.5M 24k 101.33
Legacy Reserves 0.3 $2.3M 82k 28.15
Kinder Morgan (KMI) 0.3 $2.2M 61k 36.01
Mplx (MPLX) 0.3 $2.2M 48k 44.54
ConocoPhillips (COP) 0.3 $2.1M 29k 70.64
Access Midstream Partners, L.p 0.3 $2.1M 37k 56.58
Ngl Energy Partners Lp Com Uni (NGL) 0.3 $2.0M 58k 34.50
Eqt Midstream Partners 0.2 $1.9M 33k 58.78
Tallgrass Energy Partners 0.2 $1.9M 73k 26.00
China Mobile 0.2 $1.9M 36k 52.30
Targa Resources Partners 0.2 $1.8M 35k 52.31
Sunoco Logistics Partners 0.2 $1.9M 25k 75.47
WisdomTree Japan Total Dividend (DXJ) 0.2 $1.7M 34k 50.85
Rose Rock Midstream 0.2 $1.8M 46k 38.70
Halcon Resources 0.2 $1.8M 467k 3.86
Williams Partners 0.2 $1.7M 34k 50.86
Alliance Holdings GP 0.2 $1.7M 30k 58.65
Intel Corporation (INTC) 0.2 $1.6M 62k 25.95
At&t (T) 0.2 $1.5M 43k 35.17
CVS Caremark Corporation (CVS) 0.2 $1.6M 22k 71.59
Apple (AAPL) 0.2 $1.5M 2.7k 561.04
Genesis Energy (GEL) 0.2 $1.5M 29k 52.56
Tesoro Logistics Lp us equity 0.2 $1.6M 30k 52.34
Bank of New York Mellon Corporation (BK) 0.2 $1.5M 42k 34.94
Novartis (NVS) 0.2 $1.4M 18k 80.39
United Technologies Corporation 0.2 $1.5M 13k 113.79
Phillips 66 (PSX) 0.2 $1.4M 19k 77.10
CSX Corporation (CSX) 0.2 $1.4M 48k 28.78
Wells Fargo & Company (WFC) 0.2 $1.4M 31k 45.40
Oiltanking Partners L P unit 0.2 $1.4M 23k 62.06
Genworth Financial (GNW) 0.2 $1.3M 82k 15.53
International Business Machines (IBM) 0.2 $1.3M 7.1k 187.51
Walgreen Company 0.2 $1.3M 22k 57.42
TJX Companies (TJX) 0.2 $1.3M 20k 63.71
Abb (ABBNY) 0.2 $1.3M 49k 26.56
Apache Corporation 0.2 $1.2M 14k 85.97
Sanofi-Aventis SA (SNY) 0.2 $1.2M 23k 53.65
USG Corporation 0.2 $1.3M 45k 28.38
Ishares Trust Msci China msci china idx (MCHI) 0.2 $1.2M 25k 48.22
Tenaris (TS) 0.1 $1.1M 26k 43.67
Bank of America Corporation (BAC) 0.1 $1.2M 74k 15.57
McDonald's Corporation (MCD) 0.1 $1.2M 12k 97.04
Total (TTE) 0.1 $1.1M 19k 61.26
Pos (PKX) 0.1 $1.1M 15k 78.02
Banco Bilbao Vizcaya Argentaria SA (BBVA) 0.1 $1.2M 94k 12.39
Loews Corporation (L) 0.1 $1.0M 22k 48.24
Capital One Financial (COF) 0.1 $1.1M 14k 76.58
General Mills (GIS) 0.1 $1.0M 21k 49.92
Syngenta 0.1 $1.0M 13k 79.91
Kellogg Company (K) 0.1 $1.1M 18k 61.06
Google 0.1 $1.1M 991.00 1121.09
Fiserv (FI) 0.1 $1.1M 18k 59.03
Rockwell Automation (ROK) 0.1 $1.0M 8.9k 118.13
GREENHAVEN Continuous Commodity Indx Fnd 0.1 $1.0M 41k 25.69
MetLife (MET) 0.1 $992k 18k 53.92
Rbc Cad (RY) 0.1 $981k 15k 67.21
Chevron Corporation (CVX) 0.1 $950k 7.6k 124.93
Coach 0.1 $892k 16k 56.10
Ross Stores (ROST) 0.1 $910k 12k 74.96
CONSOL Energy 0.1 $927k 24k 38.03
Duke Energy (DUK) 0.1 $953k 14k 69.04
Ubs Ag Cmn 0.1 $884k 46k 19.25
Veolia Environnement (VEOEY) 0.1 $823k 50k 16.36
Summit Midstream Partners 0.1 $809k 22k 36.66
Bristol Myers Squibb (BMY) 0.1 $796k 15k 53.17
3M Company (MMM) 0.1 $756k 5.4k 140.18
Johnson Controls 0.1 $766k 15k 51.28
Halliburton Company (HAL) 0.1 $796k 16k 50.78
Target Corporation (TGT) 0.1 $768k 12k 63.23
Plains All American Pipeline (PAA) 0.1 $735k 14k 51.74
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $740k 6.5k 114.22
ICICI Bank (IBN) 0.1 $683k 18k 37.17
U.S. Bancorp (USB) 0.1 $695k 17k 40.41
Spectra Energy 0.1 $668k 19k 35.62
Colgate-Palmolive Company (CL) 0.1 $646k 9.9k 65.21
Tibco Software 0.1 $638k 28k 22.47
Bk Nova Cad (BNS) 0.1 $633k 10k 62.55
JPMorgan Chase & Co. (JPM) 0.1 $504k 8.6k 58.50
MasterCard Incorporated (MA) 0.1 $510k 610.00 836.07
American Express Company (AXP) 0.1 $546k 6.0k 90.71
Eli Lilly & Co. (LLY) 0.1 $560k 11k 51.00
Pfizer (PFE) 0.1 $574k 19k 30.62
Accenture (ACN) 0.1 $512k 6.2k 82.16
Automatic Data Processing (ADP) 0.1 $489k 6.1k 80.76
Lockheed Martin Corporation (LMT) 0.1 $436k 2.9k 148.55
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $438k 4.7k 92.90
PNC Financial Services (PNC) 0.1 $391k 5.0k 77.50
Fluor Corporation (FLR) 0.1 $407k 5.1k 80.20
Schlumberger (SLB) 0.1 $352k 3.9k 90.23
Kinder Morgan Energy Partners 0.1 $421k 5.2k 80.65
Union Pacific Corporation (UNP) 0.0 $274k 1.6k 168.10
E.I. du Pont de Nemours & Company 0.0 $324k 5.0k 65.06
Ford Motor Company (F) 0.0 $330k 21k 15.41
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.0 $308k 3.0k 103.67
DEUTSCHE BK AG LONDON BRH PWRSHR 3X germ 0.0 $297k 9.2k 32.37
BP (BP) 0.0 $211k 4.3k 48.70
Suntrust Banks Inc $1.00 Par Cmn 0.0 $256k 7.0k 36.82
Home Depot (HD) 0.0 $266k 3.2k 82.35
Cisco Systems (CSCO) 0.0 $252k 11k 22.40
AFLAC Incorporated (AFL) 0.0 $264k 4.0k 66.84
Medtronic 0.0 $253k 4.4k 57.50
Verizon Communications (VZ) 0.0 $253k 5.2k 49.08
Valero Energy Corporation (VLO) 0.0 $204k 4.0k 50.47
Anadarko Petroleum Corporation 0.0 $208k 2.6k 79.24
Occidental Petroleum Corporation (OXY) 0.0 $209k 2.2k 95.00
Qualcomm (QCOM) 0.0 $211k 2.8k 74.35
iShares MSCI EAFE Index Fund (EFA) 0.0 $236k 3.5k 67.10
Cash America International 0.0 $211k 5.5k 38.36
Weingarten Realty Investors 0.0 $265k 9.7k 27.40
Hldgs (UAL) 0.0 $236k 6.2k 37.84
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.0 $239k 2.2k 108.00