FIDUCIARY FINANCIAL SERVICES OF THE SOUTHWEST INC /TX

13F filer, CIK 1079373, DALLAS, TX

FIDUCIARY FINANCIAL SERVICES OF THE SOUTHWEST INC /TX reported $326,598,000 across 154 holdings for the quarter ended 2018-03-31, in a 13F-HR filed 2018-04-30. Its ten largest share positions make up 26.29% of the portfolio.

Filed 2018-04-30 (acceptance time not in the bulk data set), ingested 2026-10-07 19:05:42 UTC13F-HR 0001079373-18-000002

Period: 2018-03-31
Reported value: $327M
Holdings: 154
Top 10 weight: 26.29%
New: 2
Sold out: 2

Largest buys vs the previous quarter

Security	Shares change	Approx. value
JPMadded	+6,701	$737K
STWDadded	+21,002	$440K
CATadded	+2,950	$435K
TORTOISE ENERGY INFRA CORPadded	+13,351	$334K
GOODadded	+19,148	$332K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
GENERAL ELEC COexited	-116,601	-$2.04M
BAreduced	-1,526	-$500K
VTRreduced	-9,429	-$467K
HCP INCreduced	-14,947	-$347K
WELLreduced	-6,240	-$340K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2018

Share positions as resolved from 13F-HR 0001079373-18-000002, largest first. % of portfolio is the value over $326,598,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
BABOEING CO	42,758	$14M	4.29%	-1,526	Timeline
AMTAMERICAN TOWER CORP	63,670	$9.25M	2.83%	-250	Timeline
EPDENTERPRISE PRODS PARTNERS L	363,596	$8.9M	2.73%	-1,932	Timeline
BMYBRISTOL-MYERS SQUIBB CO	137,805	$8.72M	2.67%	-2,102	Timeline
MAGELLAN MIDSTREAM PARTNERS…MAGELLAN MIDSTREAM PARTNERS, L	146,885	$8.57M	2.62%	-1,942
HDHOME DEPOT INC	47,397	$8.45M	2.59%	-600	Timeline
GOODGLADSTONE COMMERCIAL CORP	432,812	$7.5M	2.3%	+19,148	Timeline
ROYAL DUTCH SHELL PLC SPN A…ROYAL DUTCH SHELL PLC SPN ADR	107,547	$7.05M	2.16%	+1,059
AMZNAMAZON COM INC	4,812	$6.96M	2.13%	+10	Timeline
HONHONEYWELL INTL INC	44,518	$6.43M	1.97%	+1,478	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	30,487	$6.29M	1.93%	-171	Timeline
PFEPFIZER INC	174,961	$6.21M	1.9%	-121	Timeline
CCICROWN CASTLE INC	51,736	$5.67M	1.74%	+1,041	Timeline
RAYTHEON COMPANYRAYTHEON COMPANY	25,907	$5.59M	1.71%	+815
MRKMERCK & CO INC	102,259	$5.57M	1.71%	-5,253	Timeline
NEENEXTERA ENERGY INC	32,972	$5.38M	1.65%	-306	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	19,603	$5.16M	1.58%	-292	Timeline
DUKDUKE ENERGY CORP NEW	66,275	$5.13M	1.57%	-214	Timeline
ENERGY TRANSFER PARTNERS LPENERGY TRANSFER PARTNERS LP	316,343	$5.13M	1.57%	-1,925
GDGENERAL DYNAMICS CORP	23,068	$5.1M	1.56%	-50	Timeline
AAPLAPPLE INC	29,560	$4.96M	1.52%	+467	Timeline
DOWDUPONT INCDOWDUPONT INC	76,545	$4.88M	1.49%	+1,531
XOMEXXON MOBIL CORP	62,514	$4.66M	1.43%	-245	Timeline
ONEQFIDELITY COMWLTH TR	16,188	$4.48M	1.37%	-335	Timeline
STWDSTARWOOD PPTY TR INC	212,510	$4.45M	1.36%	+21,002	Timeline
LMTLOCKHEED MARTIN CORP	12,783	$4.32M	1.32%	+503	Timeline
MAMASTERCARD INCORPORATED	24,659	$4.32M	1.32%	+621	Timeline
WELLWELLTOWER INC	77,193	$4.2M	1.29%	-6,240	Timeline
MDYSTATE STR SPDR S&P MIDCAP 40	12,195	$4.17M	1.28%	-233	Timeline
GVAGRANITE CONSTR INC	73,745	$4.12M	1.26%	+1,002	Timeline
PEPPEPSICO INC	36,668	$4M	1.23%	-2,669	Timeline
MSFTMICROSOFT CORP	42,628	$3.89M	1.19%	+2,990	Timeline
DDOMINION ENERGY INC	54,092	$3.65M	1.12%	+4,825	Timeline
VZVERIZON COMMUNICATIONS INC	75,394	$3.6M	1.1%	-1,668	Timeline
CWBSPDR SERIES TRUST	69,569	$3.59M	1.1%	-368	Timeline
SENIOR HSG PPTYS TRSENIOR HSG PPTYS TR	227,235	$3.56M	1.09%	+16,880
TAT&T INC	98,469	$3.51M	1.07%	+1,467	Timeline
PRUPRUDENTIAL FINL INC	30,452	$3.15M	0.97%	+1,367	Timeline
HPFHANCOCK JOHN PFD INCOME FD I	146,334	$2.93M	0.9%	-3,016	Timeline
NOCNORTHROP GRUMMAN CORP	7,888	$2.75M	0.84%	+446	Timeline
SRESEMPRA	23,944	$2.66M	0.82%	-366	Timeline
HCP INCHCP INC	104,574	$2.43M	0.74%	-14,947
IWOISHARES TR	12,673	$2.42M	0.74%	-455	Timeline
GOOGLALPHABET INC	2,240	$2.32M	0.71%	+195	Timeline
COSTCOSTCO WHOLESALE CORPORATION	12,169	$2.29M	0.7%	+304	Timeline
MLMMARTIN MARIETTA MATLS INC	11,049	$2.29M	0.7%	-4	Timeline
UNHUNITEDHEALTH GROUP INC	10,639	$2.28M	0.7%	-58	Timeline
METAMETA PLATFORMS INC	14,093	$2.25M	0.69%	+529	Timeline
DISDISNEY WALT CO	21,926	$2.2M	0.67%	-792	Timeline
PGPROCTER & GAMBLE CO	27,197	$2.16M	0.66%	-2,909	Timeline
WMWASTE MGMT INC DEL	25,236	$2.12M	0.65%	-37	Timeline
VGKVANGUARD INTL EQUITY INDEX F	36,348	$2.11M	0.65%	-280	Timeline
JNJJOHNSON & JOHNSON	16,114	$2.06M	0.63%	-75	Timeline
NKENIKE INC	30,356	$2.02M	0.62%	-760	Timeline
NUVEENNUVEEN	197,925	$1.94M	0.59%	+7,693
TORTOISE ENERGY INFRA CORPTORTOISE ENERGY INFRA CORP	73,208	$1.83M	0.56%	+13,351
XLYSELECT SECTOR SPDR TR	17,827	$1.81M	0.55%	-120	Timeline
AMGNAMGEN INC	10,344	$1.76M	0.54%	-208	Timeline
VVISA INC	13,917	$1.67M	0.51%	+756	Timeline
CSCOCISCO SYS INC	38,428	$1.65M	0.5%	0	Timeline
ENBENBRIDGE INC	50,103	$1.58M	0.48%	+138	Timeline
JPMJPMORGAN CHASE & CO	13,585	$1.49M	0.46%	+6,701	Timeline
GLDSPDR GOLD TR	11,784	$1.48M	0.45%	-2,305	Timeline
MMM3M CO	6,614	$1.45M	0.44%	-239	Timeline
XLKSELECT SECTOR SPDR TR	22,046	$1.44M	0.44%	+37	Timeline
IJHISHARES TR	7,644	$1.43M	0.44%	-85	Timeline
CVXCHEVRON CORPORATION	12,068	$1.38M	0.42%	-40	Timeline
SBUXSTARBUCKS CORP	23,435	$1.36M	0.42%	-5,633	Timeline
KOCOCA COLA CO	30,680	$1.33M	0.41%	-2,776	Timeline
PFFISHARES TR	34,267	$1.29M	0.39%	-498	Timeline
XLFSELECT SECTOR SPDR TR	46,639	$1.29M	0.39%	+182	Timeline
KMBKIMBERLY-CLARK CORP	11,562	$1.27M	0.39%	-796	Timeline
PowerShares QQQ Trust Unit …PowerShares QQQ Trust Unit Ser	7,760	$1.24M	0.38%	-95
TC PIPELINES LPTC PIPELINES LP	35,041	$1.22M	0.37%	-237
BRK-BBERKSHIRE HATHAWAY INC DEL	5,872	$1.17M	0.36%	-156	Timeline
ETENERGY TRANSFER L P	78,456	$1.11M	0.34%	-200	Timeline
KHCKRAFT HEINZ CO	17,756	$1.11M	0.34%	-2,596	Timeline
UNITED TECH CORPUNITED TECH CORP	8,769	$1.1M	0.34%	0
WMTWALMART INC	11,711	$1.04M	0.32%	+3,673	Timeline
ECLECOLAB INC	7,380	$1.01M	0.31%	-98	Timeline
VTRVENTAS INC	20,301	$1.01M	0.31%	-9,429	Timeline
AWKAMERICAN WTR WKS CO INC NEW	12,175	$1M	0.31%	-112	Timeline
ALLIANZGI DIVIDEND INT & PRMALLIANZGI DIVIDEND INT & PRM	78,123	$992K	0.3%	-5,508
BCEBCE INC	22,809	$982K	0.3%	-863	Timeline
LLYELI LILLY & CO	12,076	$934K	0.29%	0	Timeline
DCP MIDSTREAM LPDCP MIDSTREAM LP	26,391	$927K	0.28%	0
COPCONOCOPHILLIPS	15,484	$918K	0.28%	-312	Timeline
BLACKROCK MUN INCOME TRBLACKROCK MUN INCOME TR	71,041	$916K	0.28%	-4,112
CATCATERPILLAR INC	6,168	$909K	0.28%	+2,950	Timeline
KMIKINDER MORGAN INC DEL	59,954	$903K	0.28%	-1,957	Timeline
CBCHUBB LIMITED	6,503	$889K	0.27%	+35	Timeline
HQHABRDN HEALTHCARE INVESTORS	41,312	$889K	0.27%	+5,409	Timeline
GOOGALPHABET INC	858	$885K	0.27%	-12	Timeline
GOVERNMENT PPTYS INCOME TRGOVERNMENT PPTYS INCOME TR	64,375	$879K	0.27%	-18,697
UNPUNION PAC CORP	6,378	$857K	0.26%	+8	Timeline
SYYSYSCO CORP	14,252	$855K	0.26%	-305	Timeline
XMVTXBLACKROCK MUNIVEST FUND II	58,763	$843K	0.26%	-874	Timeline
HEALTHCARE RLTY TRHEALTHCARE RLTY TR	29,994	$831K	0.25%	-7,567
PSXPHILLIPS 66	8,180	$785K	0.24%	-156	Timeline
FIRST TRUST ENERGY INCOME A…FIRST TRUST ENERGY INCOME AND	31,904	$694K	0.21%	+2,209
VMOINVESCO MUN OPPORTUNIT TR	58,512	$686K	0.21%	-7,566	Timeline
BUCKEYE PARTNERS LP (BPL)BUCKEYE PARTNERS LP (BPL)	18,085	$676K	0.21%	-193
MPLXMPLX LP	19,757	$653K	0.2%	-109	Timeline
RYNRAYONIER INC	18,324	$645K	0.2%	0	Timeline
STZCONSTELLATION BRANDS INC	2,807	$640K	0.2%	-48	Timeline
XLISELECT SECTOR SPDR TR	8,550	$635K	0.19%	+3	Timeline
PAAPLAINS ALL AMERN PIPELINE L	28,679	$632K	0.19%	0	Timeline
WILLIAMS PARTNERS L P NEWWILLIAMS PARTNERS L P NEW	18,221	$627K	0.19%	0
ADBEADOBE INC	2,899	$626K	0.19%	+104	Timeline
XEXGXEATON VANCE TAX-MANAGED GLOB	63,958	$583K	0.18%	+8,060	Timeline
KYNKAYNE ANDERSON ENERGY INFRST	35,342	$582K	0.18%	0	Timeline
CSQCALAMOS STRATEGIC TOTAL RETU	47,403	$561K	0.17%	+6,495	Timeline
HIIHUNTINGTON INGALLS INDS INC	2,090	$539K	0.17%	-18	Timeline
NUSTAR ENERGY LPNUSTAR ENERGY LP	24,424	$498K	0.15%	+76
SBACSBA COMMUNICATIONS CORP	2,873	$491K	0.15%	+52	Timeline
QCOMQUALCOMM INC	8,220	$455K	0.14%	-305	Timeline
TRGPTARGA RES CORP	9,994	$440K	0.13%	+175	Timeline
VUGVANGUARD INDEX FDS	3,029	$430K	0.13%	-52	Timeline
NZFNUVEEN MUN CR INCOME FD	30,341	$429K	0.13%	-436	Timeline
EATON VANCE CORPEATON VANCE CORP	7,700	$429K	0.13%	0
ENBRIDGE ENERGY PARTNERS L PENBRIDGE ENERGY PARTNERS L P	41,424	$399K	0.12%	0
BLACKROCK MUNI INC TR IIBLACKROCK MUNI INC TR II	29,667	$398K	0.12%	-605
MARMARRIOTT INTL INC NEW	2,914	$396K	0.12%	-541	Timeline
MDLZMONDELEZ INTL INC	8,917	$372K	0.11%	-1,571	Timeline
VYMVANGUARD WHITEHALL FDS	4,505	$372K	0.11%	0	Timeline
XIGDXVOYA GLBL EQTY DIV & PREM OP	50,936	$372K	0.11%	+2,256	Timeline
ALBALBEMARLE CORP	3,991	$370K	0.11%	-168	Timeline
ROYAL DUTCH SHELL PLC SPN A…ROYAL DUTCH SHELL PLC SPN ADR	5,299	$338K	0.1%	-46
OKEONEOK INC NEW	5,815	$331K	0.1%	+725	Timeline
WYWEYERHAEUSER CO	9,340	$327K	0.1%	0	Timeline
NVDANVIDIA CORPORATION	1,369	$317K	0.1%	+110	Timeline
PAYXPAYCHEX INC	4,992	$307K	0.09%	0	Timeline
LABORATORY CRP OF AMER HLDGSLABORATORY CRP OF AMER HLDGS	1,895	$307K	0.09%	0
CELGENE CORPCELGENE CORP	3,385	$302K	0.09%	-250
BRK-ABERKSHIRE HATHAWAY INC DEL	1	$299K	0.09%	0	Timeline
WPCWP CAREY INC	4,678	$290K	0.09%	0	Timeline
VLOVALERO ENERGY CORP	3,072	$285K	0.09%	+468	Timeline
PYPLPAYPAL HLDGS INC	3,732	$283K	0.09%	+191	Timeline
VCITVANGUARD SCOTTSDALE FDS	3,211	$272K	0.08%	+101	Timeline
VKQINVESCO MUNICIPAL TRUST	21,496	$251K	0.08%	-3,426	Timeline
BAXBAXTER INTL INC	3,553	$231K	0.07%	+71	Timeline
VTIVANGUARD INDEX FDS	1,665	$226K	0.07%	0	Timeline
AXPAMERICAN EXPRESS CO	2,372	$221K	0.07%	0	Timeline
CVSCVS HEALTH CORP	3,482	$217K	0.07%	-505	Timeline
MQYBLACKROCK MUNIYILD QULT FD I	15,330	$216K	0.07%	-100	Timeline
ITAISHARES TR	1,074	$213K	0.07%	new	Timeline
VMCVULCAN MATLS CO	1,787	$204K	0.06%	+8	Timeline
IBBISHARES TR	1,897	$202K	0.06%	-56	Timeline
MYIBLACKROCK MUNIYIELD QUALITY	13,270	$168K	0.05%	0	Timeline
PIMCO MUN INCOME FDPIMCO MUN INCOME FD	12,723	$159K	0.05%	0
EATON VANCE NY MUNI INCOME TEATON VANCE NY MUNI INCOME T	11,780	$143K	0.04%	0
ANNALY CAPITAL MANAGEMENTANNALY CAPITAL MANAGEMENT	10,255	$107K	0.03%	new
AMDADVANCED MICRO DEVICES INC	10,000	$100K	0.03%	0	Timeline
CAPITAL PRODUCT PARTNERS L PCAPITAL PRODUCT PARTNERS L P	24,035	$75K	0.02%	0

Sold out in Q1 2018

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
GENERAL ELEC COGENERAL ELEC CO	116,601	$2.04M	shares
TSLATESLA INC	722	$225K	shares

How Q1 2018 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001079373-18-000002	base		2018-04-30	acceptance time not in the bulk data set	2026-10-07 19:05:42 UTC