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	5,648	51,650	SH		SOLE		4,600	0	47,050
ABBOTT LABS COM	Com	002824100	11,286	323,579	SH		SOLE		2,200	0	321,379
ABBVIE INC COM	Com	00287Y109	397	9,614	SH		SOLE		0	0	9,614
ACCENTURE PLC IRELAND SHS CLAS	Com	G1151C101	16,541	229,869	SH		SOLE		6,500	0	223,369
AFLAC INC COM	Com	001055102	15,724	270,542	SH		SOLE		12,000	0	258,542
ALCOA INC COM	Com	013817101	117	14,975	SH		SOLE		1,500	0	13,475
ALTRIA GROUP INC COM	Com	02209S103	4,058	115,971	SH		SOLE		0	0	115,971
AMERICAN EXPRESS CO COM	Com	025816109	261	3,486	SH		SOLE		0	0	3,486
AMGEN INC COM	Com	031162100	529	5,357	SH		SOLE		0	0	5,357
APACHE CORP COM	Com	037411105	337	4,026	SH		SOLE		0	0	4,026
APPLE INC COM	Com	037833100	2,964	7,475	SH		SOLE		0	0	7,475
APPLIED MATLS INC COM	Com	038222105	167	11,180	SH		SOLE		0	0	11,180
AT&T INC COM	Com	00206R102	11,265	318,225	SH		SOLE		17,400	0	300,825
BANK OF AMERICA CORPORATION CO	Com	060505104	3,775	293,527	SH		SOLE		4,000	0	289,527
BEAM INC COM	Com	073730103	417	6,610	SH		SOLE		0	0	6,610
BERKSHIRE HATHAWAY INC DEL CL	Com	084670702	444	3,969	SH		SOLE		0	0	3,969
BHP BILLITON LTD SPONSORED ADR	Com	088606108	5,756	99,825	SH		SOLE		6,000	0	93,825
BIOGEN IDEC INC COM	Com	09062X103	298	1,385	SH		SOLE		0	0	1,385
BOEING CO COM	Com	097023105	1,256	12,257	SH		SOLE		0	0	12,257
BP PLC SPONSORED ADR	Com	055622104	224	5,374	SH		SOLE		0	0	5,374
BRISTOL MYERS SQUIBB CO COM	Com	110122108	772	17,285	SH		SOLE		0	0	17,285
CARNIVAL CORP PAIRED CTF	Com	143658300	11,848	345,530	SH		SOLE		14,500	0	331,030
CATERPILLAR INC DEL COM	Com	149123101	206	2,500	SH		SOLE		0	0	2,500
CENTERPOINT ENERGY INC COM	Com	15189T107	896	38,128	SH		SOLE		0	0	38,128
CENTURYLINK INC COM	Com	156700106	3,834	108,445	SH		SOLE		15,000	0	93,445
CHEVRON CORP NEW COM	Com	166764100	21,282	179,835	SH		SOLE		5,750	0	174,085
COACH INC COM	Com	189754104	2,702	47,335	SH		SOLE		8,250	0	39,085
COCA COLA CO COM	Com	191216100	12,367	308,321	SH		SOLE		0	0	308,321
COLGATE PALMOLIVE CO COM	Com	194162103	414	7,230	SH		SOLE		0	0	7,230
CONOCOPHILLIPS COM	Com	20825C104	627	10,371	SH		SOLE		4,000	0	6,371
DEVON ENERGY CORP NEW COM	Com	25179M103	6,882	132,649	SH		SOLE		1,250	0	131,399
DISNEY WALT CO COM DISNEY	Com	254687106	671	10,632	SH		SOLE		0	0	10,632
DNP SELECT INCOME FD COM	Com	23325P104	1,753	178,498	SH		SOLE		0	0	178,498
DOMINION RES INC VA NEW COM	Com	25746U109	790	13,900	SH		SOLE		5,000	0	8,900
DOW CHEM CO COM	Com	260543103	13,540	420,892	SH		SOLE		20,000	0	400,892
DU PONT E I DE NEMOURS & CO CO	Com	263534109	4,280	81,523	SH		SOLE		11,500	0	70,023
DUKE ENERGY CORP NEW COM NEW	Com	26441C204	588	8,713	SH		SOLE		0	0	8,713
E M C CORP MASS COM	Com	268648102	12,998	550,281	SH		SOLE		10,000	0	540,281
EATON CORP PLC SHS	Com	G29183103	237	3,600	SH		SOLE		0	0	3,600
ENBRIDGE ENERGY PARTNERS L P C	Com	29250R106	225	7,368	SH		SOLE		0	0	7,368
ENCANA CORP COM	Com	292505104	4,249	250,822	SH		SOLE		25,500	0	225,322
ENTERGY CORP NEW COM	Com	29364G103	222	3,179	SH		SOLE		0	0	3,179
ENTERPRISE PRODS PARTNERS L P	Com	293792107	315	5,074	SH		SOLE		0	0	5,074
EXXON MOBIL CORP COM	Com	30231G102	29,068	321,729	SH		SOLE		6,200	0	315,529
FIRST HORIZON NATL CORP COM	Com	320517105	121	10,823	SH		SOLE		0	0	10,823
FIRST INDUSTRIAL REALTY TRUST	Com	32054K103	334	22,000	SH		SOLE		0	0	22,000
FIRST NBC BK HLDG CO COM	Com	32115D106	366	15,000	SH		SOLE		0	0	15,000
FLEXTRONICS INTL LTD ORD	Com	Y2573F102	1,232	159,214	SH		SOLE		4,800	0	154,414
FLUOR CORP NEW COM	Com	343412102	11,275	190,102	SH		SOLE		7,200	0	182,902
FORD MTR CO DEL COM PAR $0.01	Com	345370860	248	15,999	SH		SOLE		0	0	15,999
FORTUNE BRANDS HOME & SEC INC	Com	34964C106	278	7,177	SH		SOLE		0	0	7,177
GENERAL ELECTRIC CO COM	Com	369604103	19,173	826,797	SH		SOLE		28,600	0	798,197
GENERAL MILLS INC	Com	370334104	12,207	251,539	SH		SOLE		11,600	0	239,939
GEO GROUP INC COM	Com	36159R103	352	10,368	SH		SOLE		0	0	10,368
GLAXOSMITHKLINE PLC SPONSORED	Com	37733W105	8,830	176,708	SH		SOLE		9,700	0	167,008
GOOGLE INC CL A	Com	38259P508	342	388	SH		SOLE		0	0	388
HANCOCK HLDG CO COM	Com	410120109	6,977	232,012	SH		SOLE		17,130	0	214,882
HERSHEY CO COM	Com	427866108	341	3,820	SH		SOLE		0	0	3,820
HOME DEPOT INC COM	Com	437076102	19,625	253,329	SH		SOLE		7,300	0	246,029
HSBC HLDGS PLC SPON ADR NEW	Com	404280406	235	4,531	SH		SOLE		0	0	4,531
IBERIABANK CORP COM	Com	450828108	415	7,732	SH		SOLE		0	0	7,732
INTEL CORP COM	Com	458140100	15,080	622,370	SH		SOLE		23,000	0	599,370
INTERNATIONAL BUSINESS MACHS C	Com	459200101	21,839	114,275	SH		SOLE		4,250	0	110,025
INVESCO LTD SHS	Com	G491BT108	17,198	540,812	SH		SOLE		19,600	0	521,212
JACOBS ENGR GROUP INC DEL COM	Com	469814107	8,561	155,282	SH		SOLE		1,200	0	154,082
JOHNSON & JOHNSON COM	Com	478160104	14,498	168,854	SH		SOLE		8,000	0	160,854
JOHNSON CTLS INC COM	Com	478366107	6,232	174,122	SH		SOLE		17,400	0	156,722
JPMORGAN CHASE & CO COM	Com	46625H100	15,227	288,445	SH		SOLE		13,500	0	274,945
KIMBERLY CLARK CORP COM	Com	494368103	2,360	24,292	SH		SOLE		4,000	0	20,292
KRAFT FOODS GROUP INC COM	Com	50076Q106	257	4,601	SH		SOLE		0	0	4,601
LIBERTY PPTY TR SH BEN INT	Com	531172104	1,131	30,600	SH		SOLE		12,000	0	18,600
LILLY ELI & CO COM	Com	532457108	1,006	20,478	SH		SOLE		0	0	20,478
LINCOLN NATL CORP IND COM	Com	534187109	4,573	125,390	SH		SOLE		16,400	0	108,990
LOEWS CORP COM	Com	540424108	551	12,400	SH		SOLE		0	0	12,400
LOWES COS INC COM	Com	548661107	4,452	108,846	SH		SOLE		0	0	108,846
MERCK & CO INC NEW COM	Com	58933Y105	11,288	243,009	SH		SOLE		17,000	0	226,009
MICROSOFT CORP COM	Com	594918104	9,239	267,458	SH		SOLE		21,400	0	246,058
MONDELEZ INTL INC CL A	Com	609207105	368	12,892	SH		SOLE		0	0	12,892
MURPHY OIL CORP COM	Com	626717102	285	4,682	SH		SOLE		0	0	4,682
NATIONAL OILWELL VARCO INC COM	Com	637071101	5,984	86,848	SH		SOLE		0	0	86,848
NORFOLK SOUTHERN CORP COM	Com	655844108	9,066	124,796	SH		SOLE		8,500	0	116,296
ORACLE CORP COM	Com	68389X105	12,913	420,496	SH		SOLE		3,000	0	417,496
PEABODY ENERGY CORP COM	Com	704549104	3,140	214,496	SH		SOLE		12,500	0	201,996
PEPSICO INC COM	Com	713448108	14,205	173,679	SH		SOLE		9,000	0	164,679
PFIZER INC COM	Com	717081103	4,763	170,061	SH		SOLE		1,500	0	168,561
PHILIP MORRIS INTL INC COM	Com	718172109	20,923	241,553	SH		SOLE		8,050	0	233,503
PIONEER NAT RES CO COM	Com	723787107	3,312	22,880	SH		SOLE		600	0	22,280
PLUM CREEK TIMBER CO INC COM	Com	729251108	1,851	39,664	SH		SOLE		0	0	39,664
POOL CORPORATION COM	Com	73278L105	250	4,775	SH		SOLE		0	0	4,775
PPG INDS INC COM	Com	693506107	1,060	7,242	SH		SOLE		0	0	7,242
PROCTER & GAMBLE CO COM	Com	742718109	17,490	227,166	SH		SOLE		8,900	0	218,266
PUBLIC STORAGE COM	Com	74460D109	268	1,747	SH		SOLE		0	0	1,747
QUEST DIAGNOSTICS INC COM	Com	74834L100	6,271	103,427	SH		SOLE		900	0	102,527
REALTY INCOME CORP COM	Com	756109104	549	13,100	SH		SOLE		10,000	0	3,100
REYNOLDS AMERICAN INC COM	Com	761713106	556	11,500	SH		SOLE		0	0	11,500
ROCKWELL AUTOMATION INC COM	Com	773903109	13,003	156,396	SH		SOLE		7,200	0	149,196
ROYAL DUTCH SHELL PLC SPONS AD	Com	780259206	2,734	42,854	SH		SOLE		4,000	0	38,854
SCHLUMBERGER LTD COM	Com	806857108	15,523	216,616	SH		SOLE		6,250	0	210,366
SOUTHERN CO COM	Com	842587107	1,412	32,005	SH		SOLE		7,000	0	25,005
STEWART ENTERPRISES INC CL A	Com	860370105	501	38,204	SH		SOLE		0	0	38,204
SYSCO CORP COM	Com	871829107	1,597	46,765	SH		SOLE		0	0	46,765
TARGET CORP COM	Com	87612E106	16,781	243,702	SH		SOLE		8,300	0	235,402
THERMO FISHER SCIENTIFIC INC C	Com	883556102	19,820	234,196	SH		SOLE		7,500	0	226,696
TRANSOCEAN LTD REG SHS	Com	H8817H100	284	5,923	SH		SOLE		0	0	5,923
TRUSTMARK CORP COM	Com	898402102	314	12,781	SH		SOLE		0	0	12,781
UNION PAC CORP COM	Com	907818108	243	1,575	SH		SOLE		0	0	1,575
UNITED PARCEL SERVICE INC CL B	Com	911312106	8,869	102,553	SH		SOLE		0	0	102,553
UNITED TECHNOLOGIES CORP COM	Com	913017109	20,395	219,443	SH		SOLE		7,200	0	212,243
VERIZON COMMUNICATIONS INC COM	Com	92343V104	10,869	215,905	SH		SOLE		0	0	215,905
VISA INC COM CL A	Com	92826C839	20,518	112,271	SH		SOLE		750	0	111,521
WAL-MART STORES INC COM	Com	931142103	8,327	111,789	SH		SOLE		0	0	111,789
WALGREEN CO COM	Com	931422109	1,172	26,508	SH		SOLE		0	0	26,508
WELLS FARGO & CO NEW COM	Com	949746101	299	7,233	SH		SOLE		0	0	7,233
YOU ON DEMAND HLDGS INC COM NE	Com	98741R207	34	21,000	SH		SOLE		0	0	21,000
ISHARES TR BARCLYS 1-3YR CR	1-3 YR CR BD ETF	464288646	413	3,930	SH		SOLE		0	0	3,930
ISHARES TR COHEN&ST RLTY	COHEN&STEER REIT	464287564	440	5,463	SH		SOLE		0	0	5,463
ISHARES TR CORE S&P500 ETF	CORE S&P500 ETF	464287200	711	4,421	SH		SOLE		0	0	4,421
ISHARES TR MSCI EAFE INDEX	MSCI EAFE ETF	464287465	3,125	54,530	SH		SOLE		0	0	54,530
ISHARES TR MSCI EMERG MKT	MSCI EMG MKT ETF	464287234	2,231	57,954	SH		SOLE		0	0	57,954
ISHARES TR RUSSELL 2000	RUSSELL 2000 ETF	464287655	4,325	44,590	SH		SOLE		0	0	44,590
POWERSHARES ETF TRUST II SENIO	SENIOR LN PORT	73936Q769	396	16,000	SH		SOLE		0	0	16,000
POWERSHARES QQQ TRUST UNIT SER	UNIT Ser 1	73935A104	531	7,454	SH		SOLE		0	0	7,454
SPDR S&P 500 ETF TR TR UNIT	TR UNIT	78462F103	895	5,582	SH		SOLE		0	0	5,582
VANGUARD INTL EQUITY INDEX FD	FTSE EMR MKT ETF	922042858	562	14,480	SH		SOLE		0	0	14,480