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
Estimated average burden
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
3M CO COM	Com	88579Y101	7,330	54,030	SH		SOLE		4,600	0	49,430
ABBOTT LABS COM	Com	002824100	15,320	397,825	SH		SOLE		3,000	0	394,825
ABBVIE INC COM	Com	00287Y109	402	7,814	SH		SOLE		0	0	7,814
ACCENTURE PLC IRELAND SHS CLAS	Com	G1151C101	19,551	245,240	SH		SOLE		6,500	0	238,740
AFLAC INC COM	Com	001055102	17,582	278,905	SH		SOLE		12,000	0	266,905
ALTRIA GROUP INC COM	Com	02209S103	4,200	112,220	SH		SOLE		0	0	112,220
AMERICAN ELEC PWR INC COM	Com	025537101	785	15,486	SH		SOLE		12,000	0	3,486
AMERICAN EXPRESS CO COM	Com	025816109	360	3,999	SH		SOLE		0	0	3,999
AMGEN INC COM	Com	031162100	645	5,232	SH		SOLE		0	0	5,232
APACHE CORP COM	Com	037411105	395	4,764	SH		SOLE		0	0	4,764
APPLE INC COM	Com	037833100	4,274	7,962	SH		SOLE		0	0	7,962
AT&T INC COM	Com	00206R102	11,913	339,699	SH		SOLE		17,400	0	322,299
ATMEL CORP COM	Com	049513104	84	10,000	SH		SOLE		0	0	10,000
BANK OF AMERICA CORPORATION CO	Com	060505104	6,345	368,871	SH		SOLE		6,000	0	362,871
BEAM INC COM	Com	073730103	945	11,345	SH		SOLE		0	0	11,345
BERKSHIRE HATHAWAY INC DEL CL	Com	084670702	516	4,132	SH		SOLE		0	0	4,132
BHP BILLITON LTD SPONSORED ADR	Com	088606108	5,914	87,261	SH		SOLE		6,000	0	81,261
BIOGEN IDEC INC COM	Com	09062X103	407	1,332	SH		SOLE		0	0	1,332
BOEING CO COM	Com	097023105	1,610	12,826	SH		SOLE		0	0	12,826
BP PLC SPONSORED ADR	Com	055622104	977	20,312	SH		SOLE		0	0	20,312
BRANDYWINE REALTY TRUST	Com	105368203	202	14,000	SH		SOLE		14,000	0	0
BRISTOL MYERS SQUIBB CO COM	Com	110122108	1,773	34,123	SH		SOLE		0	0	34,123
CARNIVAL CORP PAIRED CTF	Com	143658300	13,120	346,532	SH		SOLE		14,500	0	332,032
CATERPILLAR INC DEL COM	Com	149123101	248	2,500	SH		SOLE		0	0	2,500
CENTERPOINT ENERGY INC COM	Com	15189T107	616	25,988	SH		SOLE		0	0	25,988
CENTURYLINK INC COM	Com	156700106	3,925	119,530	SH		SOLE		16,500	0	103,030
CHAMBERS ST PROPERTIES REIT	Com	157842105	78	10,000	SH		SOLE		0	0	10,000
CHESAPEAKE ENERGY CORP COM	Com	165167107	204	7,956	SH		SOLE		0	0	7,956
CHEVRON CORP NEW COM	Com	166764100	23,268	195,678	SH		SOLE		6,000	0	189,678
COCA COLA CO COM	Com	191216100	12,339	319,175	SH		SOLE		0	0	319,175
COLGATE PALMOLIVE CO COM	Com	194162103	1,702	26,230	SH		SOLE		0	0	26,230
CONOCOPHILLIPS COM	Com	20825C104	1,213	17,242	SH		SOLE		7,000	0	10,242
CSX CORP COM	Com	126408103	229	7,900	SH		SOLE		0	0	7,900
DEVON ENERGY CORP NEW COM	Com	25179M103	4,084	61,021	SH		SOLE		1,250	0	59,771
DISNEY WALT CO COM DISNEY	Com	254687106	1,035	12,920	SH		SOLE		0	0	12,920
DNP SELECT INCOME FD COM	Com	23325P104	1,407	143,554	SH		SOLE		0	0	143,554
DOMINION RES INC VA NEW COM	Com	25746U109	1,734	24,432	SH		SOLE		5,000	0	19,432
DOW CHEM CO COM	Com	260543103	20,841	428,911	SH		SOLE		20,000	0	408,911
DU PONT E I DE NEMOURS & CO CO	Com	263534109	5,221	77,806	SH		SOLE		11,500	0	66,306
DUKE ENERGY CORP NEW COM NEW	Com	26441C204	1,033	14,509	SH		SOLE		7,000	0	7,509
DUKE REALTY CORP COM NEW	Com	264411505	341	20,200	SH		SOLE		20,000	0	200
E M C CORP MASS COM	Com	268648102	15,537	566,844	SH		SOLE		3,000	0	563,844
ENCANA CORP COM	Com	292505104	716	33,489	SH		SOLE		13,000	0	20,489
ENSCO INTERNATIONAL INC	Com	g3157s106	3,266	61,875	SH		SOLE		0	0	61,875
EXXON MOBIL CORP COM	Com	30231G102	37,201	380,847	SH		SOLE		0	0	380,847
FACEBOOK INC CL A	Com	30303M102	15,479	256,959	SH		SOLE		2,000	0	254,959
FIRST HORIZON NATL CORP COM	Com	320517105	134	10,823	SH		SOLE		0	0	10,823
FIRST INDUSTRIAL REALTY TRUST	Com	32054K103	412	21,350	SH		SOLE		0	0	21,350
FIRST NBC BK HLDG CO COM	Com	32115D106	523	15,000	SH		SOLE		0	0	15,000
FLEXTRONICS INTL LTD ORD	Com	Y2573F102	1,085	117,443	SH		SOLE		4,800	0	112,643
FLUOR CORP NEW COM	Com	343412102	14,056	180,825	SH		SOLE		1,200	0	179,625
FORD MTR CO DEL COM PAR $0.01	Com	345370860	238	15,250	SH		SOLE		0	0	15,250
FORTUNE BRANDS HOME & SEC INC	Com	34964C106	294	6,977	SH		SOLE		0	0	6,977
GENERAL ELECTRIC CO COM	Com	369604103	21,495	830,239	SH		SOLE		28,600	0	801,639
GENERAL MILLS INC	Com	370334104	15,551	300,091	SH		SOLE		12,000	0	288,091
GENERAL MTRS CO COM	Com	37045V100	304	8,823	SH		SOLE		0	0	8,823
GEO GROUP INC COM	Com	36159R103	334	10,368	SH		SOLE		0	0	10,368
GILEAD SCIENCES INC COM	Com	375558103	356	5,020	SH		SOLE		0	0	5,020
GLAXOSMITHKLINE PLC SPONSORED	Com	37733W105	9,877	184,864	SH		SOLE		9,700	0	175,164
GOOGLE INC CL A	Com	38259P508	581	521	SH		SOLE		0	0	521
HANCOCK HLDG CO COM	Com	410120109	4,315	117,748	SH		SOLE		16,630	0	101,118
HERSHEY CO COM	Com	427866108	399	3,820	SH		SOLE		0	0	3,820
HOME DEPOT INC COM	Com	437076102	19,539	246,923	SH		SOLE		7,300	0	239,623
HSBC HLDGS PLC SPON ADR NEW	Com	404280406	278	5,471	SH		SOLE		0	0	5,471
IBERIABANK CORP COM	Com	450828108	532	7,590	SH		SOLE		0	0	7,590
INTEL CORP COM	Com	458140100	16,629	644,191	SH		SOLE		23,000	0	621,191
INTERNATIONAL BUSINESS MACHS C	Com	459200101	22,733	118,102	SH		SOLE		4,250	0	113,852
INVESCO LTD SHS	Com	G491BT108	20,518	554,545	SH		SOLE		19,600	0	534,945
JACOBS ENGR GROUP INC DEL COM	Com	469814107	9,410	148,184	SH		SOLE		1,200	0	146,984
JOHNSON & JOHNSON COM	Com	478160104	16,437	167,335	SH		SOLE		7,000	0	160,335
JOHNSON CTLS INC COM	Com	478366107	7,983	168,699	SH		SOLE		17,400	0	151,299
JPMORGAN CHASE & CO COM	Com	46625H100	18,212	299,986	SH		SOLE		13,500	0	286,486
KIMBERLY CLARK CORP COM	Com	494368103	2,353	21,338	SH		SOLE		4,000	0	17,338
KRAFT FOODS GROUP INC COM	Com	50076Q106	247	4,410	SH		SOLE		0	0	4,410
LIBERTY PPTY TR SH BEN INT	Com	531172104	1,043	28,225	SH		SOLE		12,000	0	16,225
LILLY ELI & CO COM	Com	532457108	999	16,978	SH		SOLE		0	0	16,978
LINCOLN NATL CORP IND COM	Com	534187109	5,103	100,701	SH		SOLE		2,400	0	98,301
LOEWS CORP COM	Com	540424108	546	12,400	SH		SOLE		0	0	12,400
LOWES COS INC COM	Com	548661107	4,842	99,021	SH		SOLE		0	0	99,021
MERCK & CO INC NEW COM	Com	58933Y105	13,819	243,424	SH		SOLE		15,000	0	228,424
MICROSOFT CORP COM	Com	594918104	2,080	50,750	SH		SOLE		19,000	0	31,750
MIDWEST ENERGY EMISSIONS CORP	Com	59833H101	196	118,533	SH		SOLE		0	0	118,533
MONDELEZ INTL INC CL A	Com	609207105	420	12,167	SH		SOLE		0	0	12,167
MONSANTO CO NEW COM	Com	61166W101	578	5,082	SH		SOLE		0	0	5,082
MURPHY OIL CORP COM	Com	626717102	294	4,682	SH		SOLE		0	0	4,682
NATIONAL OILWELL VARCO INC COM	Com	637071101	7,239	92,966	SH		SOLE		1,000	0	91,966
NORFOLK SOUTHERN CORP COM	Com	655844108	11,967	123,152	SH		SOLE		8,500	0	114,652
ORACLE CORP COM	Com	68389X105	18,080	441,946	SH		SOLE		3,000	0	438,946
PEABODY ENERGY CORP COM	Com	704549104	3,162	193,513	SH		SOLE		13,000	0	180,513
PEPSICO INC COM	Com	713448108	14,178	169,794	SH		SOLE		9,000	0	160,794
PFIZER INC COM	Com	717081103	6,097	189,826	SH		SOLE		14,000	0	175,826
PHILIP MORRIS INTL INC COM	Com	718172109	20,516	250,590	SH		SOLE		8,050	0	242,540
PIONEER NAT RES CO COM	Com	723787107	3,207	17,135	SH		SOLE		500	0	16,635
PLUM CREEK TIMBER CO INC COM	Com	729251108	1,288	30,633	SH		SOLE		0	0	30,633
PMC-SIERRA INC COM	Com	69344F106	107	14,000	SH		SOLE		0	0	14,000
PPG INDS INC COM	Com	693506107	1,933	9,992	SH		SOLE		0	0	9,992
PROCTER & GAMBLE CO COM	Com	742718109	18,862	234,014	SH		SOLE		8,900	0	225,114
QUEST DIAGNOSTICS INC COM	Com	74834L100	2,190	37,810	SH		SOLE		0	0	37,810
REALTY INCOME CORP COM	Com	756109104	470	11,500	SH		SOLE		10,000	0	1,500
REYNOLDS AMERICAN INC COM	Com	761713106	561	10,500	SH		SOLE		0	0	10,500
ROCKWELL AUTOMATION INC COM	Com	773903109	19,741	158,499	SH		SOLE		7,100	0	151,399
ROCKWELL COLLINS INC COM	Com	774341101	508	6,381	SH		SOLE		0	0	6,381
ROSETTA RESOURCES INC COM	Com	777779307	9,897	212,471	SH		SOLE		2,000	0	210,471
ROYAL DUTCH SHELL PLC SPONS AD	Com	780259206	3,726	51,004	SH		SOLE		8,000	0	43,004
SCHLUMBERGER LTD COM	Com	806857108	20,675	212,051	SH		SOLE		6,250	0	205,801
SOUTHERN CO COM	Com	842587107	1,533	34,899	SH		SOLE		12,000	0	22,899
SYSCO CORP COM	Com	871829107	1,137	31,459	SH		SOLE		0	0	31,459
TARGET CORP COM	Com	87612E106	15,870	262,270	SH		SOLE		8,300	0	253,970
TEXAS INSTRS INC COM	Com	882508104	204	4,320	SH		SOLE		0	0	4,320
THERMO FISHER SCIENTIFIC INC C	Com	883556102	25,453	211,686	SH		SOLE		1,500	0	210,186
TRANSOCEAN LTD REG SHS	Com	H8817H100	224	5,423	SH		SOLE		0	0	5,423
TRIANGLE PETE CORP COM NEW	Com	89600B201	119	14,500	SH		SOLE		0	0	14,500
TRUSTMARK CORP COM	Com	898402102	324	12,781	SH		SOLE		0	0	12,781
UNITED PARCEL SERVICE INC CL B	Com	911312106	9,452	97,067	SH		SOLE		0	0	97,067
UNITED TECHNOLOGIES CORP COM	Com	913017109	25,698	219,945	SH		SOLE		7,200	0	212,745
VERIZON COMMUNICATIONS INC COM	Com	92343V104	11,240	236,286	SH		SOLE		10,000	0	226,286
VISA INC COM CL A	Com	92826C839	23,387	108,343	SH		SOLE		750	0	107,593
WAL-MART STORES INC COM	Com	931142103	8,276	108,280	SH		SOLE		0	0	108,280
WALGREEN CO COM	Com	931422109	1,503	22,756	SH		SOLE		0	0	22,756
WELLS FARGO & CO NEW COM	Com	949746101	454	9,120	SH		SOLE		0	0	9,120
WISCONSIN ENERGY CORP COM	Com	976657106	749	16,098	SH		SOLE		0	0	16,098
YOU ON DEMAND HLDGS INC COM NE	Com	98741R207	69	14,000	SH		SOLE		0	0	14,000
ISHARES TR BARCLYS 1-3YR CR	1-3 YR CR BD ETF	464288646	429	4,065	SH		SOLE		0	0	4,065
ISHARES TR COHEN&ST RLTY	COHEN&STEER REIT	464287564	282	3,423	SH		SOLE		0	0	3,423
ISHARES TR CORE S&P500 ETF	CORE S&P500 ETF	464287200	880	4,676	SH		SOLE		0	0	4,676
ISHARES TR MSCI EAFE INDEX	MSCI EAFE ETF	464287465	3,926	58,429	SH		SOLE		0	0	58,429
ISHARES TR MSCI EMERG MKT	MSCI EMG MKT ETF	464287234	2,526	61,603	SH		SOLE		0	0	61,603
ISHARES TR RUSL 2000 VALU	RUS 2000 VAL ETF	464287630	250	2,475	SH		SOLE		0	0	2,475
ISHARES TR RUSSELL 2000	RUSSELL 2000 ETF	464287655	5,129	44,085	SH		SOLE		0	0	44,085
ISHARES TR S&P DEV EX-US	INTL DEVPPTY ETF	464288422	200	5,500	SH		SOLE		0	0	5,500
JPMORGAN CHASE & CO ALERIAN ML	ALERIAN ML ETN	46625H365	240	5,150	SH		SOLE		0	0	5,150
MIDCAP SPDR TR UNIT SER 1	UTSER1 S&PDCRP	78467y107	396	1,580	SH		SOLE		0	0	1,580
POWERSHARES ETF TRUST II SENIO	SENIOR LN PORT	73936Q769	397	16,000	SH		SOLE		0	0	16,000
POWERSHARES QQQ TRUST UNIT SER	UNIT SER 1	73935A104	613	6,995	SH		SOLE		0	0	6,995
SPDR S&P 500 ETF TR TR UNIT	TR UNIT	78462F103	911	4,873	SH		SOLE		0	0	4,873
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	258	3,650	SH		SOLE		0	0	3,650
VANGUARD INTL EQUITY INDEX FD	FTSE EMR MKT ETF	922042858	1,418	34,940	SH		SOLE		0	0	34,940