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	7,679	54,755	SH		SOLE		4,600	0	50,155
ABBOTT LABS COM	Com	002824100	15,315	399,563	SH		SOLE		3,000	0	396,563
ABBVIE INC COM	Com	00287Y109	413	7,814	SH		SOLE		0	0	7,814
ACCENTURE PLC IRELAND SHS CLAS	Com	G1151C101	20,210	245,799	SH		SOLE		6,500	0	239,299
AFLAC INC COM	Com	001055102	18,458	276,315	SH		SOLE		12,000	0	264,315
ALTRIA GROUP INC COM	Com	02209S103	4,923	128,236	SH		SOLE		0	0	128,236
AMERICAN ELEC PWR INC COM	Com	025537101	733	15,686	SH		SOLE		12,000	0	3,686
AMERICAN EXPRESS CO COM	Com	025816109	363	3,999	SH		SOLE		0	0	3,999
AMGEN INC COM	Com	031162100	597	5,232	SH		SOLE		0	0	5,232
APACHE CORP COM	Com	037411105	347	4,034	SH		SOLE		0	0	4,034
APPLE INC COM	Com	037833100	4,624	8,242	SH		SOLE		0	0	8,242
AT&T INC COM	Com	00206R102	12,239	348,100	SH		SOLE		17,400	0	330,700
ATMEL CORP COM	Com	049513104	78	10,000	SH		SOLE		0	0	10,000
BANK OF AMERICA CORPORATION CO	Com	060505104	4,624	296,952	SH		SOLE		5,000	0	291,952
BEAM INC COM	Com	073730103	708	10,403	SH		SOLE		0	0	10,403
BERKSHIRE HATHAWAY INC DEL CL	Com	084670702	490	4,132	SH		SOLE		0	0	4,132
BHP BILLITON LTD SPONSORED ADR	Com	088606108	6,179	90,596	SH		SOLE		6,000	0	84,596
BIOGEN IDEC INC COM	Com	09062X103	405	1,447	SH		SOLE		0	0	1,447
BOEING CO COM	Com	097023105	1,751	12,826	SH		SOLE		0	0	12,826
BP PLC SPONSORED ADR	Com	055622104	1,105	22,736	SH		SOLE		0	0	22,736
BRANDYWINE REALTY TRUST	Com	105368203	197	14,000	SH		SOLE		14,000	0	0
BRISTOL MYERS SQUIBB CO COM	Com	110122108	1,810	34,053	SH		SOLE		0	0	34,053
CARNIVAL CORP PAIRED CTF	Com	143658300	13,876	345,440	SH		SOLE		14,500	0	330,940
CATERPILLAR INC DEL COM	Com	149123101	227	2,500	SH		SOLE		0	0	2,500
CENTERPOINT ENERGY INC COM	Com	15189T107	693	29,888	SH		SOLE		0	0	29,888
CENTURYLINK INC COM	Com	156700106	3,872	121,580	SH		SOLE		16,500	0	105,080
CHAMBERS ST PROPERTIES REIT	Com	127209302	77	10,000	SH		SOLE		0	0	10,000
CHEVRON CORP NEW COM	Com	166764100	25,346	202,911	SH		SOLE		5,750	0	197,161
COCA COLA CO COM	Com	191216100	13,252	320,783	SH		SOLE		0	0	320,783
COLGATE PALMOLIVE CO COM	Com	194162103	1,619	24,830	SH		SOLE		0	0	24,830
CONOCOPHILLIPS COM	Com	20825C104	1,017	14,392	SH		SOLE		4,000	0	10,392
CSX CORP COM	Com	126408103	227	7,900	SH		SOLE		0	0	7,900
DEVON ENERGY CORP NEW COM	Com	25179M103	3,916	63,286	SH		SOLE		1,250	0	62,036
DISNEY WALT CO COM DISNEY	Com	254687106	987	12,920	SH		SOLE		0	0	12,920
DNP SELECT INCOME FD COM	Com	23325P104	1,562	165,854	SH		SOLE		0	0	165,854
DOMINION RES INC VA NEW COM	Com	25746U109	1,581	24,432	SH		SOLE		5,000	0	19,432
DOW CHEM CO COM	Com	260543103	19,151	431,325	SH		SOLE		20,000	0	411,325
DU PONT E I DE NEMOURS & CO CO	Com	263534109	5,166	79,511	SH		SOLE		11,500	0	68,011
DUKE ENERGY CORP NEW COM NEW	Com	26441C204	1,073	15,553	SH		SOLE		7,000	0	8,553
DUKE REALTY CORP COM NEW	Com	264411505	304	20,200	SH		SOLE		20,000	0	200
E M C CORP MASS COM	Com	268648102	14,444	574,312	SH		SOLE		10,000	0	564,312
EATON CORP PLC SHS	Com	G29183103	274	3,600	SH		SOLE		0	0	3,600
ENBRIDGE ENERGY PARTNERS L P C	Com	29250R106	220	7,368	SH		SOLE		0	0	7,368
ENCANA CORP COM	Com	292505104	1,067	59,089	SH		SOLE		23,000	0	36,089
ENSCO INTERNATIONAL INC	Com	26874Q100	300	5,250	SH		SOLE		0	0	5,250
ENTERPRISE PRODS PARTNERS L P	Com	293792107	220	3,325	SH		SOLE		0	0	3,325
EXXON MOBIL CORP COM	Com	30231G102	40,766	402,824	SH		SOLE		0	0	402,824
FACEBOOK INC CL A	Com	30303M102	14,119	258,365	SH		SOLE		2,000	0	256,365
FIRST HORIZON NATL CORP COM	Com	320517105	126	10,823	SH		SOLE		0	0	10,823
FIRST INDUSTRIAL REALTY TRUST	Com	32054K103	373	21,350	SH		SOLE		0	0	21,350
FIRST NBC BK HLDG CO COM	Com	32115D106	485	15,000	SH		SOLE		0	0	15,000
FLEXTRONICS INTL LTD ORD	Com	Y2573F102	944	121,443	SH		SOLE		4,800	0	116,643
FLUOR CORP NEW COM	Com	343412102	14,577	181,551	SH		SOLE		1,200	0	180,351
FORD MTR CO DEL COM PAR $0.01	Com	345370860	235	15,250	SH		SOLE		0	0	15,250
FORTUNE BRANDS HOME & SEC INC	Com	34964C106	319	6,977	SH		SOLE		0	0	6,977
GENERAL ELECTRIC CO COM	Com	369604103	23,423	835,652	SH		SOLE		28,600	0	807,052
GENERAL MILLS INC	Com	370334104	14,829	297,112	SH		SOLE		12,000	0	285,112
GENERAL MTRS CO COM	Com	37045V100	293	7,173	SH		SOLE		0	0	7,173
GEO GROUP INC COM	Com	36159R103	334	10,368	SH		SOLE		0	0	10,368
GILEAD SCIENCES INC COM	Com	375558103	377	5,020	SH		SOLE		0	0	5,020
GLAXOSMITHKLINE PLC SPONSORED	Com	37733W105	9,859	184,656	SH		SOLE		9,700	0	174,956
GOOGLE INC CL A	Com	38259P508	545	486	SH		SOLE		0	0	486
HANCOCK HLDG CO COM	Com	410120109	5,301	144,519	SH		SOLE		17,130	0	127,389
HERSHEY CO COM	Com	427866108	371	3,820	SH		SOLE		0	0	3,820
HOME DEPOT INC COM	Com	437076102	20,656	250,866	SH		SOLE		7,300	0	243,566
HSBC HLDGS PLC SPON ADR NEW	Com	404280406	302	5,471	SH		SOLE		0	0	5,471
IBERIABANK CORP COM	Com	450828108	485	7,719	SH		SOLE		0	0	7,719
INTEL CORP COM	Com	458140100	16,616	640,190	SH		SOLE		23,000	0	617,190
INTERNATIONAL BUSINESS MACHS C	Com	459200101	22,308	118,931	SH		SOLE		4,250	0	114,681
INVESCO LTD SHS	Com	G491BT108	20,404	560,538	SH		SOLE		19,600	0	540,938
JACOBS ENGR GROUP INC DEL COM	Com	469814107	9,748	154,754	SH		SOLE		1,200	0	153,554
JOHNSON & JOHNSON COM	Com	478160104	15,585	170,165	SH		SOLE		8,000	0	162,165
JOHNSON CTLS INC COM	Com	478366107	8,649	168,594	SH		SOLE		17,400	0	151,194
JPMORGAN CHASE & CO COM	Com	46625H100	17,684	302,389	SH		SOLE		13,500	0	288,889
KIMBERLY CLARK CORP COM	Com	494368103	2,453	23,479	SH		SOLE		4,000	0	19,479
KRAFT FOODS GROUP INC COM	Com	50076Q106	243	4,501	SH		SOLE		0	0	4,501
LIBERTY PPTY TR SH BEN INT	Com	531172104	1,036	30,600	SH		SOLE		12,000	0	18,600
LILLY ELI & CO COM	Com	532457108	942	18,478	SH		SOLE		0	0	18,478
LINCOLN NATL CORP IND COM	Com	534187109	5,464	105,856	SH		SOLE		2,400	0	103,456
LOEWS CORP COM	Com	540424108	598	12,400	SH		SOLE		0	0	12,400
LOWES COS INC COM	Com	548661107	5,168	104,296	SH		SOLE		0	0	104,296
MERCK & CO INC NEW COM	Com	58933Y105	12,408	247,910	SH		SOLE		17,000	0	230,910
MICROSOFT CORP COM	Com	594918104	1,964	52,500	SH		SOLE		19,000	0	33,500
MIDCAP SPDR TR UNIT SER 1	Com	78467y107	337	1,380	SH		SOLE		0	0	1,380
MIDWEST ENERGY EMISSIONS CORP	Com	59833H101	71	118,533	SH		SOLE		0	0	118,533
MONDELEZ INTL INC CL A	Com	609207105	452	12,792	SH		SOLE		0	0	12,792
MONSANTO CO NEW COM	Com	61166W101	592	5,082	SH		SOLE		0	0	5,082
MURPHY OIL CORP COM	Com	626717102	304	4,682	SH		SOLE		0	0	4,682
NATIONAL OILWELL VARCO INC COM	Com	637071101	6,903	86,794	SH		SOLE		1,000	0	85,794
NORFOLK SOUTHERN CORP COM	Com	655844108	11,879	127,962	SH		SOLE		8,500	0	119,462
ORACLE CORP COM	Com	68389X105	17,152	448,306	SH		SOLE		3,000	0	445,306
PEABODY ENERGY CORP COM	Com	704549104	3,821	195,642	SH		SOLE		13,000	0	182,642
PEPSICO INC COM	Com	713448108	14,238	171,672	SH		SOLE		9,000	0	162,672
PFIZER INC COM	Com	717081103	5,683	185,521	SH		SOLE		1,500	0	184,021
PHILIP MORRIS INTL INC COM	Com	718172109	22,402	257,110	SH		SOLE		8,050	0	249,060
PIONEER NAT RES CO COM	Com	723787107	3,177	17,260	SH		SOLE		500	0	16,760
PLUM CREEK TIMBER CO INC COM	Com	729251108	1,662	35,735	SH		SOLE		0	0	35,735
PMC-SIERRA INC COM	Com	69344F106	90	14,000	SH		SOLE		0	0	14,000
PPG INDS INC COM	Com	693506107	1,895	9,992	SH		SOLE		0	0	9,992
PROCTER & GAMBLE CO COM	Com	742718109	19,226	236,157	SH		SOLE		8,900	0	227,257
PUBLIC STORAGE COM	Com	74460D109	219	1,455	SH		SOLE		0	0	1,455
QUEST DIAGNOSTICS INC COM	Com	74834L100	5,228	97,651	SH		SOLE		900	0	96,751
REALTY INCOME CORP COM	Com	756109104	429	11,500	SH		SOLE		10,000	0	1,500
REYNOLDS AMERICAN INC COM	Com	761713106	575	11,500	SH		SOLE		0	0	11,500
ROCKWELL AUTOMATION INC COM	Com	773903109	18,946	160,342	SH		SOLE		7,200	0	153,142
ROCKWELL COLLINS INC COM	Com	774341101	472	6,381	SH		SOLE		0	0	6,381
ROSETTA RESOURCES INC COM	Com	777779307	9,210	191,715	SH		SOLE		1,250	0	190,465
ROYAL DUTCH SHELL PLC SPONS AD	Com	780259206	3,599	50,504	SH		SOLE		8,000	0	42,504
SCHLUMBERGER LTD COM	Com	806857108	19,327	214,487	SH		SOLE		6,250	0	208,237
SOUTHERN CO COM	Com	842587107	1,535	37,330	SH		SOLE		12,000	0	25,330
SYSCO CORP COM	Com	871829107	1,211	33,559	SH		SOLE		0	0	33,559
TARGET CORP COM	Com	87612E106	15,920	251,625	SH		SOLE		8,300	0	243,325
THERMO FISHER SCIENTIFIC INC C	Com	883556102	24,696	221,784	SH		SOLE		1,500	0	220,284
TRANSOCEAN LTD REG SHS	Com	H8817H100	268	5,423	SH		SOLE		0	0	5,423
TRIANGLE PETE CORP COM NEW	Com	89600B201	108	13,000	SH		SOLE		0	0	13,000
TRUSTMARK CORP COM	Com	898402102	343	12,781	SH		SOLE		0	0	12,781
UNITED PARCEL SERVICE INC CL B	Com	911312106	10,551	100,413	SH		SOLE		0	0	100,413
UNITED TECHNOLOGIES CORP COM	Com	913017109	25,213	221,556	SH		SOLE		7,200	0	214,356
VERIZON COMMUNICATIONS INC COM	Com	92343V104	11,572	235,483	SH		SOLE		10,000	0	225,483
VISA INC COM CL A	Com	92826C839	25,155	112,965	SH		SOLE		750	0	112,215
WAL-MART STORES INC COM	Com	931142103	8,764	111,369	SH		SOLE		0	0	111,369
WALGREEN CO COM	Com	931422109	1,318	22,942	SH		SOLE		0	0	22,942
WELLS FARGO & CO NEW COM	Com	949746101	400	8,820	SH		SOLE		0	0	8,820
WISCONSIN ENERGY CORP COM	Com	976657106	665	16,098	SH		SOLE		0	0	16,098
YOU ON DEMAND HLDGS INC COM NE	Com	98741R207	47	21,000	SH		SOLE		0	0	21,000
ISHARES TR BARCLYS 1-3YR CR	1-3 YR CR BD ETF	464288646	568	5,390	SH		SOLE		0	0	5,390
ISHARES TR COHEN&ST RLTY	COHEN&STEER REIT	464287564	256	3,423	SH		SOLE		0	0	3,423
ISHARES TR CORE S&P500 ETF	CORE S&P ETF	464287200	840	4,522	SH		SOLE		0	0	4,522
ISHARES TR MSCI EAFE INDEX	MSCI EAFE ETF	464287465	3,756	55,986	SH		SOLE		0	0	55,986
ISHARES TR MSCI EMERG MKT	MSCI EMG MKT ETF	464287234	2,250	53,833	SH		SOLE		0	0	53,833
ISHARES TR NASDQ BIO INDX	NASDQ BIOTEC ETF	464287556	219	965	SH		SOLE		0	0	965
ISHARES TR RUSL 2000 VALU	RUS 2000 VAL ETF	464287630	246	2,475	SH		SOLE		0	0	2,475
ISHARES TR RUSSELL 2000	RUSSELL 2000 ETF	464287655	5,090	44,120	SH		SOLE		0	0	44,120
POWERSHARES ETF TRUST II SENIO	SENIOR LN PORT	73936Q769	398	16,000	SH		SOLE		0	0	16,000
POWERSHARES QQQ TRUST UNIT SER	UNIT SER 1	73935A104	615	6,995	SH		SOLE		0	0	6,995
SPDR S&P 500 ETF TR TR UNIT	TR UNIT	78462F103	902	4,884	SH		SOLE		0	0	4,884
SPDR SER TR SHT TRM HGH YLD	SHT TRM HGH YLD	78468R408	201	6,500	SH		SOLE		0	0	6,500
VANGUARD INDEX FDS REIT ETF	REIT ETF	922908553	236	3,650	SH		SOLE		0	0	3,650
VANGUARD INTL EQUITY INDEX FD	FTSE EMR MKT ETF	922042858	965	23,460	SH		SOLE		0	0	23,460