Salient Trust

Salient Trust as of Sept. 30, 2014

Portfolio Holdings for Salient Trust

Salient Trust holds 130 positions in its portfolio as reported in the September 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Exxon Mobil Corporation (XOM) 69.7 $466M 5.0M 94.05
Service Corporation International (SCI) 4.3 $29M 1.4M 21.14
Philip Morris International (PM) 1.9 $13M 156k 83.40
Coca-Cola Company (KO) 1.6 $11M 251k 42.66
Altria (MO) 1.5 $10M 221k 45.94
Crown Castle International 1.1 $7.5M 93k 80.53
Procter & Gamble Company (PG) 1.1 $7.1M 85k 83.74
Johnson & Johnson (JNJ) 1.0 $6.7M 63k 106.60
Microsoft Corporation (MSFT) 0.8 $5.2M 111k 46.36
EV Energy Partners 0.7 $4.9M 140k 35.47
Enterprise Products Partners (EPD) 0.7 $4.8M 119k 40.30
Travelers Companies (TRV) 0.6 $4.3M 46k 93.93
Merck & Co (MRK) 0.6 $4.2M 70k 59.29
Berkshire Hathaway (BRK.B) 0.5 $3.4M 25k 138.14
Abbvie (ABBV) 0.5 $3.1M 53k 57.76
General Electric Company 0.4 $2.7M 107k 25.62
Legacy Reserves 0.4 $2.4M 82k 29.68
Abbott Laboratories (ABT) 0.3 $2.3M 56k 41.59
Pepsi (PEP) 0.3 $2.3M 25k 93.10
Intel Corporation (INTC) 0.3 $2.2M 62k 34.82
International Business Machines (IBM) 0.3 $2.1M 11k 189.86
Royal Dutch Shell 0.3 $2.1M 27k 76.15
Halcon Resources 0.3 $1.9M 468k 3.96
ConocoPhillips (COP) 0.3 $1.8M 23k 76.54
Targa Res Corp (TRGP) 0.2 $1.6M 12k 136.14
Williams Companies (WMB) 0.2 $1.5M 28k 55.34
Energy Transfer Equity (ET) 0.2 $1.5M 25k 61.70
Coach 0.2 $1.4M 41k 35.62
Wells Fargo & Company (WFC) 0.2 $1.5M 28k 51.88
At&t (T) 0.2 $1.4M 40k 35.24
Magellan Midstream Partners 0.2 $1.3M 16k 84.16
WESTERN GAS EQUITY Partners 0.2 $1.3M 21k 60.92
Plains Gp Hldgs L P shs a rep ltpn 0.2 $1.3M 43k 30.65
Walgreen Company 0.2 $1.3M 22k 59.26
TJX Companies (TJX) 0.2 $1.3M 22k 59.18
Kinder Morgan (KMI) 0.2 $1.3M 34k 38.35
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.2 $1.2M 11k 109.67
Apple (AAPL) 0.2 $1.2M 12k 100.74
Freeport-McMoRan Copper & Gold (FCX) 0.2 $1.1M 33k 32.64
Rbc Cad (RY) 0.2 $1.0M 15k 71.46
McDonald's Corporation (MCD) 0.1 $1.0M 11k 94.86
Apache Corporation 0.1 $980k 10k 93.86
Halliburton Company (HAL) 0.1 $974k 15k 64.50
Duke Energy (DUK) 0.1 $1.0M 14k 74.76
Bank of New York Mellon Corporation (BK) 0.1 $962k 25k 38.75
Ngl Energy Partners Lp Com Uni (NGL) 0.1 $964k 25k 39.39
Bank of America Corporation (BAC) 0.1 $840k 49k 17.05
Chevron Corporation (CVX) 0.1 $860k 7.2k 119.38
Oneok (OKE) 0.1 $876k 13k 65.51
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.1 $869k 8.6k 101.40
Eli Lilly & Co. (LLY) 0.1 $828k 13k 64.85
3M Company (MMM) 0.1 $799k 5.6k 141.67
General Mills (GIS) 0.1 $824k 16k 50.43
USG Corporation 0.1 $830k 30k 27.48
Rose Rock Midstream 0.1 $798k 14k 59.14
Summit Midstream Partners 0.1 $824k 16k 50.86
Bristol Myers Squibb (BMY) 0.1 $735k 14k 51.15
Verizon Communications (VZ) 0.1 $741k 15k 50.02
CVS Caremark Corporation (CVS) 0.1 $736k 9.2k 79.64
Lockheed Martin Corporation (LMT) 0.1 $740k 4.1k 182.72
United Technologies Corporation 0.1 $734k 7.0k 105.57
Plains All American Pipeline (PAA) 0.1 $722k 12k 58.89
Mplx (MPLX) 0.1 $726k 12k 58.92
Tallgrass Energy Partners 0.1 $736k 16k 45.32
U.S. Bancorp (USB) 0.1 $648k 16k 41.81
Spectra Energy 0.1 $672k 17k 39.25
MarkWest Energy Partners 0.1 $669k 8.7k 76.77
Phillips 66 (PSX) 0.1 $646k 8.0k 81.25
Eqt Midstream Partners 0.1 $681k 7.6k 89.66
China Mobile 0.1 $591k 10k 58.73
Novartis (NVS) 0.1 $616k 6.5k 94.19
Sunoco Logistics Partners 0.1 $592k 12k 48.27
Bk Nova Cad (BNS) 0.1 $626k 10k 61.86
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $623k 5.3k 118.19
WisdomTree Japan Total Dividend (DXJ) 0.1 $595k 11k 52.34
Ambev Sa- (ABEV) 0.1 $611k 93k 6.54
American Express Company (AXP) 0.1 $509k 5.8k 87.47
Pfizer (PFE) 0.1 $531k 18k 29.57
AFLAC Incorporated (AFL) 0.1 $502k 8.6k 58.30
Yum! Brands (YUM) 0.1 $531k 7.4k 71.99
Colgate-Palmolive Company (CL) 0.1 $554k 8.5k 65.18
Targa Resources Partners 0.1 $557k 7.7k 72.31
Kinder Morgan Energy Partners 0.1 $506k 5.4k 93.36
Oiltanking Partners L P unit 0.1 $519k 11k 49.64
Access Midstream Partners, L.p 0.1 $542k 8.5k 63.68
MasterCard Incorporated (MA) 0.1 $459k 6.2k 73.91
CSX Corporation (CSX) 0.1 $495k 15k 32.05
Bed Bath & Beyond 0.1 $467k 7.1k 65.77
Automatic Data Processing (ADP) 0.1 $479k 5.8k 83.16
Ross Stores (ROST) 0.1 $482k 6.4k 75.58
Total (TTE) 0.1 $463k 7.2k 64.48
Fiserv (FI) 0.1 $481k 7.4k 64.68
Enable Midstream 0.1 $467k 19k 24.67
PNC Financial Services (PNC) 0.1 $432k 5.0k 85.63
United Parcel Service (UPS) 0.1 $417k 4.2k 98.35
Schlumberger (SLB) 0.1 $396k 3.9k 101.67
Syngenta 0.1 $433k 6.8k 63.44
MetLife (MET) 0.1 $411k 7.7k 53.72
Alliance Holdings GP 0.1 $382k 5.6k 68.31
BP (BP) 0.1 $310k 7.1k 43.94
Vale (VALE) 0.1 $316k 29k 11.02
Tenaris (TS) 0.1 $344k 7.5k 45.59
Ubs Ag Cmn 0.1 $323k 19k 17.39
Union Pacific Corporation (UNP) 0.1 $353k 3.3k 108.28
Capital One Financial (COF) 0.1 $342k 4.2k 81.56
Ford Motor Company (F) 0.1 $326k 22k 14.81
Accenture (ACN) 0.1 $364k 4.5k 81.25
CONSOL Energy 0.1 $346k 9.1k 37.84
Banco Bilbao Vizcaya Argentaria SA (BBVA) 0.1 $322k 27k 11.99
Rockwell Automation (ROK) 0.1 $351k 3.2k 109.86
GREENHAVEN Continuous Commodity Indx Fnd 0.1 $339k 14k 24.77
Google Inc Class C 0.1 $335k 581.00 576.59
Genworth Financial (GNW) 0.0 $268k 20k 13.12
Home Depot (HD) 0.0 $287k 3.1k 91.69
Cisco Systems (CSCO) 0.0 $283k 11k 25.16
Johnson Controls 0.0 $257k 5.8k 44.03
E.I. du Pont de Nemours & Company 0.0 $286k 4.0k 71.86
Anadarko Petroleum Corporation 0.0 $266k 2.6k 101.33
Cash America International 0.0 $241k 5.5k 43.82
Weingarten Realty Investors 0.0 $265k 8.4k 31.53
Hldgs (UAL) 0.0 $292k 6.2k 46.82
DEUTSCHE BK AG LONDON BRH PWRSHR 3X germ 0.0 $235k 5.4k 43.82
Allegion Plc equity (ALLE) 0.0 $251k 5.3k 47.56
Suntrust Banks Inc $1.00 Par Cmn 0.0 $233k 6.1k 37.99
Foot Locker (FL) 0.0 $200k 3.6k 55.56
Cemex SAB de CV (CX) 0.0 $184k 14k 13.03
Hess (HES) 0.0 $208k 2.2k 94.55
Occidental Petroleum Corporation (OXY) 0.0 $212k 2.2k 96.36
Google 0.0 $207k 351.00 589.74
Baidu (BIDU) 0.0 $218k 1.0k 218.00