Waters Parkerson & Co. 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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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
3M CO COM	Com	88579Y101	6,541	54,780	SH		SOLE		4,600	0	50,180
ABBOTT LABS COM	Com	002824100	12,852	387,235	SH		SOLE		2,500	0	384,735
ABBVIE INC COM	Com	00287Y109	350	7,814	SH		SOLE		0	0	7,814
ACCENTURE PLC IRELAND SHS CLAS	Com	G1151C101	17,721	240,650	SH		SOLE		6,500	0	234,150
AFLAC INC COM	Com	001055102	17,128	276,301	SH		SOLE		12,000	0	264,301
ALTRIA GROUP INC COM	Com	02209S103	4,322	125,836	SH		SOLE		0	0	125,836
AMERICAN ELEC PWR INC COM	Com	025537101	689	15,886	SH		SOLE		12,000	0	3,886
AMERICAN EXPRESS CO COM	Com	025816109	263	3,486	SH		SOLE		0	0	3,486
AMGEN INC COM	Com	031162100	600	5,357	SH		SOLE		0	0	5,357
APACHE CORP COM	Com	037411105	343	4,034	SH		SOLE		0	0	4,034
APPLE INC COM	Com	037833100	3,526	7,395	SH		SOLE		0	0	7,395
AT&T INC COM	Com	00206R102	11,282	333,593	SH		SOLE		17,400	0	316,193
BANK OF AMERICA CORPORATION CO	Com	060505104	4,018	291,167	SH		SOLE		4,000	0	287,167
BEAM INC COM	Com	073730103	673	10,403	SH		SOLE		0	0	10,403
BERKSHIRE HATHAWAY INC DEL CL	Com	084670702	473	4,169	SH		SOLE		0	0	4,169
BHP BILLITON LTD SPONSORED ADR	Com	088606108	6,102	91,762	SH		SOLE		6,000	0	85,762
BIOGEN IDEC INC COM	Com	09062X103	333	1,385	SH		SOLE		0	0	1,385
BOEING CO COM	Com	097023105	1,500	12,767	SH		SOLE		0	0	12,767
BP PLC SPONSORED ADR	Com	055622104	956	22,736	SH		SOLE		0	0	22,736
BRANDYWINE REALTY TRUST	Com	105368203	185	14,000	SH		SOLE		14,000	0	0
BRISTOL MYERS SQUIBB CO COM	Com	110122108	1,453	31,400	SH		SOLE		0	0	31,400
CARNIVAL CORP PAIRED CTF	Com	143658300	11,271	345,327	SH		SOLE		14,500	0	330,827
CATERPILLAR INC DEL COM	Com	149123101	209	2,500	SH		SOLE		0	0	2,500
CENTERPOINT ENERGY INC COM	Com	15189T107	787	32,828	SH		SOLE		0	0	32,828
CENTURYLINK INC COM	Com	156700106	3,993	127,260	SH		SOLE		16,000	0	111,260
CHEVRON CORP NEW COM	Com	166764100	24,601	202,475	SH		SOLE		5,750	0	196,725
COCA COLA CO COM	Com	191216100	12,157	320,947	SH		SOLE		0	0	320,947
COLGATE PALMOLIVE CO COM	Com	194162103	1,378	23,230	SH		SOLE		0	0	23,230
CONOCOPHILLIPS COM	Com	20825C104	1,000	14,392	SH		SOLE		4,000	0	10,392
CSX CORP COM	Com	126408103	208	8,100	SH		SOLE		0	0	8,100
DEVON ENERGY CORP NEW COM	Com	25179M103	7,561	130,906	SH		SOLE		1,250	0	129,656
DISNEY WALT CO COM DISNEY	Com	254687106	681	10,557	SH		SOLE		0	0	10,557
DNP SELECT INCOME FD COM	Com	23325P104	1,682	174,994	SH		SOLE		0	0	174,994
DOMINION RES INC VA NEW COM	Com	25746U109	1,560	24,968	SH		SOLE		5,000	0	19,968
DOW CHEM CO COM	Com	260543103	16,412	427,409	SH		SOLE		20,000	0	407,409
DU PONT E I DE NEMOURS & CO CO	Com	263534109	4,693	80,138	SH		SOLE		11,500	0	68,638
DUKE ENERGY CORP NEW COM NEW	Com	26441C204	1,040	15,578	SH		SOLE		7,000	0	8,578
DUKE REALTY CORP COM NEW	Com	264411505	312	20,200	SH		SOLE		20,000	0	200
E M C CORP MASS COM	Com	268648102	14,165	554,173	SH		SOLE		10,000	0	544,173
EATON CORP PLC SHS	Com	G29183103	248	3,600	SH		SOLE		0	0	3,600
ENBRIDGE ENERGY PARTNERS L P C	Com	29250R106	224	7,368	SH		SOLE		0	0	7,368
ENCANA CORP COM	Com	292505104	3,189	183,999	SH		SOLE		25,500	0	158,499
ENERGY TRANSFER PRTNRS L P UNI	Com	29273R109	215	4,132	SH		SOLE		0	0	4,132
ENTERGY CORP NEW COM	Com	29364G103	201	3,179	SH		SOLE		0	0	3,179
ENTERPRISE PRODS PARTNERS L P	Com	293792107	311	5,093	SH		SOLE		0	0	5,093
EXXON MOBIL CORP COM	Com	30231G102	34,623	402,400	SH		SOLE		0	0	402,400
FACEBOOK INC CL A	Com	30303M102	12,457	247,995	SH		SOLE		2,000	0	245,995
FIRST HORIZON NATL CORP COM	Com	320517105	119	10,823	SH		SOLE		0	0	10,823
FIRST INDUSTRIAL REALTY TRUST	Com	32054K103	355	21,800	SH		SOLE		0	0	21,800
FIRST NBC BK HLDG CO COM	Com	32115D106	366	15,000	SH		SOLE		0	0	15,000
FLEXTRONICS INTL LTD ORD	Com	Y2573F102	1,391	152,989	SH		SOLE		4,800	0	148,189
FLUOR CORP NEW COM	Com	343412102	12,976	182,863	SH		SOLE		1,200	0	181,663
FORD MTR CO DEL COM PAR $0.01	Com	345370860	257	15,250	SH		SOLE		0	0	15,250
FORTUNE BRANDS HOME & SEC INC	Com	34964C106	299	7,177	SH		SOLE		0	0	7,177
GENERAL ELECTRIC CO COM	Com	369604103	20,181	844,729	SH		SOLE		28,600	0	816,129
GENERAL MILLS INC	Com	370334104	13,344	278,462	SH		SOLE		11,600	0	266,862
GEO GROUP INC COM	Com	36159R103	345	10,368	SH		SOLE		0	0	10,368
GILEAD SCIENCES INC COM	Com	375558103	249	3,960	SH		SOLE		0	0	3,960
GLAXOSMITHKLINE PLC SPONSORED	Com	37733W105	9,280	184,969	SH		SOLE		9,700	0	175,269
GOOGLE INC CL A	Com	38259P508	343	392	SH		SOLE		0	0	392
HANCOCK HLDG CO COM	Com	410120109	6,982	222,509	SH		SOLE		17,130	0	205,379
HERSHEY CO COM	Com	427866108	353	3,820	SH		SOLE		0	0	3,820
HOME DEPOT INC COM	Com	437076102	18,875	248,843	SH		SOLE		7,300	0	241,543
HSBC HLDGS PLC SPON ADR NEW	Com	404280406	297	5,471	SH		SOLE		0	0	5,471
IBERIABANK CORP COM	Com	450828108	401	7,719	SH		SOLE		0	0	7,719
INTEL CORP COM	Com	458140100	14,551	634,839	SH		SOLE		23,000	0	611,839
INTERNATIONAL BUSINESS MACHS C	Com	459200101	21,643	116,877	SH		SOLE		4,250	0	112,627
INVESCO LTD SHS	Com	G491BT108	17,657	553,519	SH		SOLE		19,600	0	533,919
JACOBS ENGR GROUP INC DEL COM	Com	469814107	8,941	153,682	SH		SOLE		1,200	0	152,482
JOHNSON & JOHNSON COM	Com	478160104	14,502	167,290	SH		SOLE		8,000	0	159,290
JOHNSON CTLS INC COM	Com	478366107	7,119	171,551	SH		SOLE		17,400	0	154,151
JPMORGAN CHASE & CO COM	Com	46625H100	15,084	291,810	SH		SOLE		13,500	0	278,310
KIMBERLY CLARK CORP COM	Com	494368103	2,232	23,692	SH		SOLE		4,000	0	19,692
KRAFT FOODS GROUP INC COM	Com	50076Q106	236	4,501	SH		SOLE		0	0	4,501
LIBERTY PPTY TR SH BEN INT	Com	531172104	1,089	30,600	SH		SOLE		12,000	0	18,600
LILLY ELI & CO COM	Com	532457108	940	18,678	SH		SOLE		0	0	18,678
LINCOLN NATL CORP IND COM	Com	534187109	4,598	109,506	SH		SOLE		2,400	0	107,106
LOEWS CORP COM	Com	540424108	580	12,400	SH		SOLE		0	0	12,400
LOWES COS INC COM	Com	548661107	5,043	105,921	SH		SOLE		0	0	105,921
MERCK & CO INC NEW COM	Com	58933Y105	11,513	241,814	SH		SOLE		17,000	0	224,814
MICROSOFT CORP COM	Com	594918104	1,771	53,210	SH		SOLE		19,000	0	34,210
MIDWEST ENERGY EMISSIONS CORP	Com	59833H101	26	56,033	SH		SOLE		0	0	56,033
MONDELEZ INTL INC CL A	Com	609207105	405	12,892	SH		SOLE		0	0	12,892
MONSANTO CO NEW COM	Com	61166W101	498	4,772	SH		SOLE		0	0	4,772
MURPHY OIL CORP COM	Com	626717102	282	4,682	SH		SOLE		0	0	4,682
NATIONAL OILWELL VARCO INC COM	Com	637071101	6,810	87,186	SH		SOLE		1,000	0	86,186
NORFOLK SOUTHERN CORP COM	Com	655844108	9,976	128,967	SH		SOLE		8,500	0	120,467
ORACLE CORP COM	Com	68389X105	14,616	440,639	SH		SOLE		3,000	0	437,639
PEABODY ENERGY CORP COM	Com	704549104	3,652	211,730	SH		SOLE		13,000	0	198,730
PEPSICO INC COM	Com	713448108	13,701	172,339	SH		SOLE		9,000	0	163,339
PFIZER INC COM	Com	717081103	5,318	185,134	SH		SOLE		1,500	0	183,634
PHILIP MORRIS INTL INC COM	Com	718172109	22,057	254,729	SH		SOLE		8,050	0	246,679
PIONEER NAT RES CO COM	Com	723787107	4,310	22,830	SH		SOLE		600	0	22,230
PLUM CREEK TIMBER CO INC COM	Com	729251108	1,832	39,114	SH		SOLE		0	0	39,114
PPG INDS INC COM	Com	693506107	1,691	10,122	SH		SOLE		0	0	10,122
PROCTER & GAMBLE CO COM	Com	742718109	17,682	233,914	SH		SOLE		8,900	0	225,014
PUBLIC STORAGE COM	Com	74460D109	262	1,630	SH		SOLE		0	0	1,630
QUEST DIAGNOSTICS INC COM	Com	74834L100	6,112	98,914	SH		SOLE		900	0	98,014
REALTY INCOME CORP COM	Com	756109104	457	11,500	SH		SOLE		10,000	0	1,500
REYNOLDS AMERICAN INC COM	Com	761713106	561	11,500	SH		SOLE		0	0	11,500
ROCKWELL AUTOMATION INC COM	Com	773903109	17,284	161,626	SH		SOLE		7,200	0	154,426
ROCKWELL COLLINS INC COM	Com	774341101	435	6,410	SH		SOLE		0	0	6,410
ROYAL DUTCH SHELL PLC SPONS AD	Com	780259206	3,239	49,319	SH		SOLE		8,000	0	41,319
SCHLUMBERGER LTD COM	Com	806857108	19,007	215,114	SH		SOLE		6,250	0	208,864
SOUTHERN CO COM	Com	842587107	1,590	38,613	SH		SOLE		12,000	0	26,613
SPDR GOLD TRUST GOLD SHS	Com	78463V107	203	1,580	SH		SOLE		0	0	1,580
STEWART ENTERPRISES INC CL A	Com	860370105	652	49,591	SH		SOLE		0	0	49,591
SYSCO CORP COM	Com	871829107	1,375	43,206	SH		SOLE		0	0	43,206
TARGET CORP COM	Com	87612E106	15,776	246,581	SH		SOLE		8,300	0	238,281
THERMO FISHER SCIENTIFIC INC C	Com	883556102	20,705	224,692	SH		SOLE		1,500	0	223,192
TRANSOCEAN LTD REG SHS	Com	H8817H100	264	5,923	SH		SOLE		0	0	5,923
TRUSTMARK CORP COM	Com	898402102	327	12,781	SH		SOLE		0	0	12,781
UNION PAC CORP COM	Com	907818108	245	1,575	SH		SOLE		0	0	1,575
UNITED PARCEL SERVICE INC CL B	Com	911312106	9,208	100,778	SH		SOLE		0	0	100,778
UNITED TECHNOLOGIES CORP COM	Com	913017109	24,098	223,504	SH		SOLE		7,200	0	216,304
VERIZON COMMUNICATIONS INC COM	Com	92343V104	11,033	236,380	SH		SOLE		10,000	0	226,380
VISA INC COM CL A	Com	92826C839	21,772	113,929	SH		SOLE		750	0	113,179
WAL-MART STORES INC COM	Com	931142103	8,173	110,511	SH		SOLE		0	0	110,511
WALGREEN CO COM	Com	931422109	1,245	23,142	SH		SOLE		0	0	23,142
WELLS FARGO & CO NEW COM	Com	949746101	311	7,533	SH		SOLE		0	0	7,533
WISCONSIN ENERGY CORP COM	Com	976657106	650	16,098	SH		SOLE		0	0	16,098
YOU ON DEMAND HLDGS INC COM NE	Com	98741R207	35	21,000	SH		SOLE		0	0	21,000
ISHARES TR BARCLYS 1-3YR CR	Com	464288646	501	4,755	SH		SOLE		0	0	4,755
ISHARES TR COHEN&ST RLTY	Com	464287564	263	3,423	SH		SOLE		0	0	3,423
ISHARES TR CORE S&P500 ETF	Com	464287200	748	4,431	SH		SOLE		0	0	4,431
ISHARES TR MSCI EAFE INDEX	Com	464287465	3,514	55,075	SH		SOLE		0	0	55,075
ISHARES TR MSCI EMERG MKT	Com	464287234	2,474	60,704	SH		SOLE		0	0	60,704
ISHARES TR RUSSELL 2000	Com	464287655	4,717	44,250	SH		SOLE		0	0	44,250
POWERSHARES ETF TRUST II SENIO	Com	73936Q769	395	16,000	SH		SOLE		0	0	16,000
POWERSHARES QQQ TRUST UNIT SER	Com	73935A104	559	7,085	SH		SOLE		0	0	7,085
SPDR S&P 500 ETF TR TR UNIT	Com	78462F103	821	4,889	SH		SOLE		0	0	4,889
VANGUARD INTL EQUITY INDEX FD	Com	922042858	635	15,825	SH		SOLE		0	0	15,825