Lathrop Investment Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBOTT LABS	COM	002824100	279	6,717	SH		SOLE		6,717	0	0
ABBVIE, INC.	COM	00287Y109	390	6,755	SH		SOLE		6,755	0	0
ACUITY BRANDS	COM	00508Y102	9,848	83,665	SH		SOLE		83,665	0	0
ADOBE SYSTEMS	COM	00724F101	9,569	138,298	SH		SOLE		138,298	0	0
AMERICAN ELEC PWR	COM	025537101	216	4,145	SH		SOLE		4,145	0	0
APPLE COMPUTER	COM	037833100	807	8,008	SH		SOLE		8,008	0	0
AT&T	COM	00206R102	6,612	187,623	SH		SOLE		187,623	0	0
BANCORPSOUTH	COM	059692103	346	17,162	SH		SOLE		17,162	0	0
BANK OF AMERICA	COM	060505104	457	26,828	SH		SOLE		26,828	0	0
CHEVRONTEXACO	COM	166751107	501	4,199	SH		SOLE		4,199	0	0
CISCO SYSTEMS	COM	17275R102	9,059	359,932	SH		SOLE		359,932	0	0
COCA COLA	COM	191216100	317	7,441	SH		SOLE		7,441	0	0
CONVERGYS GROUP	COM	212485106	6,249	350,696	SH		SOLE		350,696	0	0
CULLEN/FROST	COM	229899109	8,698	113,680	SH		SOLE		113,680	0	0
CVS CAREMARK	COM	126650100	10,448	131,278	SH		SOLE		131,278	0	0
ELECTRONIC ARTS	COM	285512109	10,449	293,424	SH		SOLE		293,424	0	0
EMC	COM	268648102	9,719	332,165	SH		SOLE		332,165	0	0
ENTERGY	COM	29364G103	225	2,913	SH		SOLE		2,913	0	0
EVOLUCIA INC.	COM	30049B105	0	82,000	SH		SOLE		82,000	0	0
EXXON MOBIL	COM	302290101	8,894	94,564	SH		SOLE		94,564	0	0
GENERAL ELECTRIC	COM	369604103	9,336	364,420	SH		SOLE		364,420	0	0
HALLIBURTON	COM	406216101	593	9,194	SH		SOLE		9,194	0	0
HOME BANCSHARES	COM	436893101	442	15,041	SH		SOLE		15,041	0	0
HUNT J B	COM	445658107	537	7,256	SH		SOLE		7,256	0	0
IBM	COM	459200101	542	2,854	SH		SOLE		2,854	0	0
ILLINOIS TOOL	COM	452308109	8,919	105,647	SH		SOLE		105,647	0	0
JACOBS ENGINEERG	COM	469814107	7,240	148,310	SH		SOLE		148,310	0	0
JARDEN	COM	471109108	10,487	174,469	SH		SOLE		174,469	0	0
JOHNSON & JOHNSON	COM	478160104	300	2,813	SH		SOLE		2,813	0	0
JOHNSON CONTRLS	COM	478366107	8,980	204,091	SH		SOLE		204,091	0	0
KIMBERLY CLARK	COM	494368103	1,107	10,293	SH		SOLE		10,293	0	0
LAZARD LTD-CL A	COM	021260622	10,332	203,785	SH		SOLE		203,785	0	0
MICROSOFT	COM	594918104	10,721	231,246	SH		SOLE		231,246	0	0
NIKE CLASS B	COM	654106103	10,070	112,892	SH		SOLE		112,892	0	0
NMC	COM	629196106	0	100,000	SH		SOLE		100,000	0	0
QUALCOMM	COM	747525103	8,813	117,874	SH		SOLE		117,874	0	0
REGIONS FINL	COM	7591EP100	1,232	122,729	SH		SOLE		122,729	0	0
SCHLUMBERGER	COM	806857108	9,417	92,608	SH		SOLE		92,608	0	0
SM ENERGY CO.	COM	78454L100	9,040	115,893	SH		SOLE		115,893	0	0
SOUTHERN CO.	COM	842587107	210	4,800	SH		SOLE		4,800	0	0
SOUTHWESTERN ENERGY	COM	845467109	789	22,565	SH		SOLE		22,565	0	0
TARGET	COM	87612E106	8,519	135,910	SH		SOLE		135,910	0	0
THERMO FISHER	COM	883556102	10,310	84,720	SH		SOLE		84,720	0	0
TRIUMPH GROUP	COM	896818101	7,674	117,964	SH		SOLE		117,964	0	0
TYSON FOODS	COM	902494103	1,546	39,280	SH		SOLE		39,280	0	0
UNITED PARCEL SERVICE	COM	911312106	8,367	85,123	SH		SOLE		85,123	0	0
VECTREN	COM	92240G101	479	12,000	SH		SOLE		12,000	0	0
VERIZON	COM	92343V104	224	4,480	SH		SOLE		4,480	0	0
WALMART	COM	931142103	7,187	93,978	SH		SOLE		93,978	0	0
WALT DISNEY	COM	254687106	10,270	115,351	SH		SOLE		115,351	0	0
WINDSTREAM HOLDINGS, INC.	COM	97382A101	549	50,934	SH		SOLE		50,934	0	0
AMERICAN FUNDAMENTAL INVESTORS	MFD	360802102	373	6,899	SH		SOLE		6,899	0	0
VANGUARD 500 INDEX FUND - ADMI	MFD	922908710	726	3,987	SH		SOLE		3,987	0	0
SCHWAB US MID CAP ETF	ETF	808524508	4,741	122,496	SH		SOLE		122,496	0	0