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
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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	7,397	52,210	SH		SOLE		4,600	0	47,610
ABBOTT LABS COM	Com	002824100	16,691	401,314	SH		SOLE		3,000	0	398,314
ABBVIE INC COM	Com	00287Y109	424	7,348	SH		SOLE		0	0	7,348
ACCENTURE PLC IRELAND SHS CLAS	Com	G1151C101	20,304	249,681	SH		SOLE		6,500	0	243,181
AFLAC INC COM	Com	001055102	16,797	288,360	SH		SOLE		12,000	0	276,360
ALTRIA GROUP INC COM	Com	02209S103	5,057	110,069	SH		SOLE		0	0	110,069
AMERICAN ELEC PWR INC COM	Com	025537101	798	15,286	SH		SOLE		12,000	0	3,286
AMERICAN EXPRESS CO COM	Com	025816109	333	3,803	SH		SOLE		0	0	3,803
AMGEN INC COM	Com	031162100	735	5,232	SH		SOLE		0	0	5,232
APACHE CORP COM	Com	037411105	353	3,764	SH		SOLE		0	0	3,764
APPLE INC COM	Com	037833100	5,421	53,805	SH		SOLE		0	0	53,805
AT&T INC COM	Com	00206R102	12,357	350,664	SH		SOLE		17,400	0	333,264
BANK OF AMERICA CORPORATION CO	Com	060505104	10,623	623,057	SH		SOLE		6,000	0	617,057
BERKSHIRE HATHAWAY CL A 1/100	CL A	084670108	207	100	SH		SOLE		0	0	100
BERKSHIRE HATHAWAY INC DEL CL	CL B	084670702	571	4,132	SH		SOLE		0	0	4,132
BHP BILLITON LTD SPONSORED ADR	Com	088606108	4,256	72,280	SH		SOLE		6,000	0	66,280
BIOGEN IDEC INC COM	Com	09062X103	441	1,332	SH		SOLE		0	0	1,332
BOEING CO COM	Com	097023105	1,634	12,826	SH		SOLE		0	0	12,826
BP PLC SPONSORED ADR	Com	055622104	786	17,888	SH		SOLE		0	0	17,888
BRANDYWINE REALTY TRUST	Com	105368203	197	14,000	SH		SOLE		14,000	0	0
BRISTOL MYERS SQUIBB CO COM	Com	110122108	1,569	30,652	SH		SOLE		0	0	30,652
BUCKEYE PARTNERS L P UNIT LTD	Com	118230101	207	2,600	SH		SOLE		0	0	2,600
CARNIVAL CORP PAIRED CTF	Com	143658300	14,869	370,147	SH		SOLE		14,500	0	355,647
CATERPILLAR INC DEL COM	Com	149123101	248	2,500	SH		SOLE		0	0	2,500
CENTERPOINT ENERGY INC COM	Com	15189T107	601	24,580	SH		SOLE		0	0	24,580
CENTURYLINK INC COM	Com	156700106	4,734	115,765	SH		SOLE		16,500	0	99,265
CHAMBERS ST PROPERTIES REIT	Com	157842105	75	10,000	SH		SOLE		0	0	10,000
CHEVRON CORP NEW COM	Com	166764100	23,479	196,773	SH		SOLE		6,000	0	190,773
CISCO SYS INC COM	Com	17275R102	203	8,077	SH		SOLE		0	0	8,077
COCA COLA CO COM	Com	191216100	13,408	314,302	SH		SOLE		0	0	314,302
COLGATE PALMOLIVE CO COM	Com	194162103	1,698	26,030	SH		SOLE		0	0	26,030
CONOCOPHILLIPS COM	Com	20825C104	1,319	17,242	SH		SOLE		7,000	0	10,242
CONSOLIDATED EDISON INC COM	Com	209115104	202	3,573	SH		SOLE		0	0	3,573
CSX CORP COM	Com	126408103	253	7,900	SH		SOLE		0	0	7,900
DEVON ENERGY CORP NEW COM	Com	25179M103	4,157	60,973	SH		SOLE		1,250	0	59,723
DISNEY WALT CO COM DISNEY	Com	254687106	1,067	11,980	SH		SOLE		0	0	11,980
DNP SELECT INCOME FD COM	Com	23325P104	1,476	145,979	SH		SOLE		0	0	145,979
DOMINION RES INC VA NEW COM	Com	25746U109	1,886	27,292	SH		SOLE		5,000	0	22,292
DOW CHEM CO COM	Com	260543103	22,134	422,079	SH		SOLE		20,000	0	402,079
DU PONT E I DE NEMOURS & CO CO	Com	263534109	5,737	79,941	SH		SOLE		11,500	0	68,441
DUKE ENERGY CORP NEW COM NEW	Com	26441C204	1,112	14,868	SH		SOLE		7,000	0	7,868
DUKE REALTY CORP COM NEW	Com	264411505	347	20,200	SH		SOLE		20,000	0	200
E M C CORP MASS COM	Com	268648102	16,640	568,689	SH		SOLE		3,000	0	565,689
EMERSON ELEC CO COM	Com	291011104	489	7,813	SH		SOLE		0	0	7,813
ENBRIDGE ENERGY PARTNERS L P C	Com	29250R106	226	5,828	SH		SOLE		0	0	5,828
ENCANA CORP COM	Com	292505104	657	30,975	SH		SOLE		13,000	0	17,975
ENSCO INTERNATIONAL INC	Com	g3157s106	3,284	79,490	SH		SOLE		0	0	79,490
EXXON MOBIL CORP COM	Com	30231G102	34,875	370,811	SH		SOLE		0	0	370,811
FACEBOOK INC CL A	Com	30303M102	19,819	250,751	SH		SOLE		2,000	0	248,751
FIRST HORIZON NATL CORP COM	Com	320517105	133	10,823	SH		SOLE		0	0	10,823
FIRST INDUSTRIAL REALTY TRUST	Com	32054K103	323	19,100	SH		SOLE		0	0	19,100
FIRST NBC BK HLDG CO COM	Com	32115D106	491	15,000	SH		SOLE		0	0	15,000
FLEXTRONICS INTL LTD ORD	Com	Y2573F102	671	64,994	SH		SOLE		0	0	64,994
FLUOR CORP NEW COM	Com	343412102	13,063	195,590	SH		SOLE		1,200	0	194,390
FORD MTR CO DEL COM PAR $0.01	Com	345370860	229	15,500	SH		SOLE		0	0	15,500
FORTUNE BRANDS HOME & SEC INC	Com	34964C106	287	6,977	SH		SOLE		0	0	6,977
GENERAL ELECTRIC CO COM	Com	369604103	21,173	826,426	SH		SOLE		28,600	0	797,826
GENERAL MILLS INC	Com	370334104	15,166	300,611	SH		SOLE		12,000	0	288,611
GENERAL MTRS CO COM	Com	37045V100	283	8,858	SH		SOLE		0	0	8,858
GEO GROUP INC COM	Com	36162j106	382	10,000	SH		SOLE		0	0	10,000
GILEAD SCIENCES INC COM	Com	375558103	609	5,720	SH		SOLE		0	0	5,720
GLAXOSMITHKLINE PLC SPONSORED	Com	37733W105	8,773	190,843	SH		SOLE		9,700	0	181,143
GOOGLE INC CL A	CL A	38259P508	316	537	SH		SOLE		0	0	537
GOOGLE INC CL C	CL C	38259P706	281	486	SH		SOLE		0	0	486
HANCOCK HLDG CO COM	Com	410120109	3,786	118,133	SH		SOLE		16,630	0	101,503
HERSHEY CO COM	Com	427866108	365	3,820	SH		SOLE		0	0	3,820
HOME DEPOT INC COM	Com	437076102	21,996	239,763	SH		SOLE		7,300	0	232,463
HSBC HLDGS PLC SPON ADR NEW	Com	404280406	278	5,471	SH		SOLE		0	0	5,471
IBERIABANK CORP COM	Com	450828108	591	9,448	SH		SOLE		0	0	9,448
INTEL CORP COM	Com	458140100	22,060	633,541	SH		SOLE		23,000	0	610,541
INTERNATIONAL BUSINESS MACHS C	Com	459200101	22,361	117,796	SH		SOLE		4,250	0	113,546
INVESCO LTD SHS	Com	G491BT108	21,604	547,213	SH		SOLE		19,600	0	527,613
JACOBS ENGR GROUP INC DEL COM	Com	469814107	7,506	153,753	SH		SOLE		1,200	0	152,553
JOHNSON & JOHNSON COM	Com	478160104	17,181	161,185	SH		SOLE		7,000	0	154,185
JOHNSON CTLS INC COM	Com	478366107	7,705	175,118	SH		SOLE		17,400	0	157,718
JPMORGAN CHASE & CO COM	Com	46625H100	19,036	316,008	SH		SOLE		13,500	0	302,508
KIMBERLY CLARK CORP COM	Com	494368103	2,434	22,626	SH		SOLE		4,000	0	18,626
KRAFT FOODS GROUP INC COM	Com	50076Q106	332	5,883	SH		SOLE		0	0	5,883
LIBERTY PPTY TR SH BEN INT	Com	531172104	915	27,500	SH		SOLE		12,000	0	15,500
LILLY ELI & CO COM	Com	532457108	994	15,328	SH		SOLE		0	0	15,328
LINCOLN NATL CORP IND COM	Com	534187109	5,410	100,976	SH		SOLE		2,400	0	98,576
LOEWS CORP COM	Com	540424108	517	12,400	SH		SOLE		0	0	12,400
LOWES COS INC COM	Com	548661107	5,241	99,041	SH		SOLE		0	0	99,041
MERCK & CO INC NEW COM	Com	58933Y105	14,468	244,059	SH		SOLE		15,000	0	229,059
MICROSOFT CORP COM	Com	594918104	2,317	49,984	SH		SOLE		19,000	0	30,984
MONDELEZ INTL INC CL A	Com	609207105	557	16,252	SH		SOLE		0	0	16,252
MONSANTO CO NEW COM	Com	61166W101	503	4,474	SH		SOLE		0	0	4,474
MURPHY OIL CORP COM	Com	626717102	266	4,682	SH		SOLE		0	0	4,682
NATIONAL OILWELL VARCO INC COM	Com	637071101	7,196	94,562	SH		SOLE		1,000	0	93,562
NEXTERA ENERGY INC COM	Com	65339F101	244	2,600	SH		SOLE		0	0	2,600
NORFOLK SOUTHERN CORP COM	Com	655844108	13,466	120,664	SH		SOLE		8,500	0	112,164
ORACLE CORP COM	Com	68389X105	17,288	451,628	SH		SOLE		3,000	0	448,628
PEABODY ENERGY CORP COM	Com	704549104	2,354	190,109	SH		SOLE		13,000	0	177,109
PEPSICO INC COM	Com	713448108	15,517	166,690	SH		SOLE		9,000	0	157,690
PFIZER INC COM	Com	717081103	6,033	204,040	SH		SOLE		14,000	0	190,040
PHILIP MORRIS INTL INC COM	Com	718172109	21,471	257,447	SH		SOLE		8,050	0	249,397
PIONEER NAT RES CO COM	Com	723787107	3,331	16,910	SH		SOLE		500	0	16,410
PLUM CREEK TIMBER CO INC COM	Com	729251108	1,188	30,458	SH		SOLE		0	0	30,458
PMC-SIERRA INC COM	Com	69344F106	104	14,000	SH		SOLE		0	0	14,000
PPG INDS INC COM	Com	693506107	1,966	9,992	SH		SOLE		0	0	9,992
PROCTER & GAMBLE CO COM	Com	742718109	19,608	234,159	SH		SOLE		8,900	0	225,259
QUEST DIAGNOSTICS INC COM	Com	74834L100	2,141	35,280	SH		SOLE		0	0	35,280
REALTY INCOME CORP COM	Com	756109104	469	11,500	SH		SOLE		10,000	0	1,500
REYNOLDS AMERICAN INC COM	Com	761713106	487	8,250	SH		SOLE		0	0	8,250
ROCKWELL AUTOMATION INC COM	Com	773903109	17,208	156,608	SH		SOLE		7,100	0	149,508
ROCKWELL COLLINS INC COM	Com	774341101	501	6,381	SH		SOLE		0	0	6,381
ROSETTA RESOURCES INC COM	Com	777779307	10,647	238,946	SH		SOLE		2,000	0	236,946
ROYAL DUTCH SHELL PLC SPONS AD	Com	780259206	4,058	53,308	SH		SOLE		8,000	0	45,308
SCHLUMBERGER LTD COM	Com	806857108	21,513	211,556	SH		SOLE		6,250	0	205,306
SOUTHERN CO COM	Com	842587107	1,584	36,284	SH		SOLE		12,000	0	24,284
SYSCO CORP COM	Com	871829107	1,161	30,598	SH		SOLE		0	0	30,598
TARGET CORP COM	Com	87612E106	16,205	258,537	SH		SOLE		8,300	0	250,237
THERMO FISHER SCIENTIFIC INC C	Com	883556102	26,217	215,425	SH		SOLE		1,500	0	213,925
TRIANGLE PETE CORP COM NEW	Com	89600B201	160	14,500	SH		SOLE		0	0	14,500
TRUSTMARK CORP COM	Com	898402102	294	12,781	SH		SOLE		0	0	12,781
UNION PAC CORP COM	Com	907818108	211	1,950	SH		SOLE		0	0	1,950
UNITED PARCEL SERVICE INC CL B	Com	911312106	9,306	94,676	SH		SOLE		0	0	94,676
UNITED TECHNOLOGIES CORP COM	Com	913017109	23,964	226,929	SH		SOLE		7,200	0	219,729
VERIZON COMMUNICATIONS INC COM	Com	92343V104	11,904	238,119	SH		SOLE		10,000	0	228,119
VISA INC COM CL A	Com	92826C839	23,658	110,876	SH		SOLE		750	0	110,126
WAL-MART STORES INC COM	Com	931142103	7,876	102,999	SH		SOLE		0	0	102,999
WALGREEN CO COM	Com	931422109	1,309	22,084	SH		SOLE		0	0	22,084
WELLS FARGO & CO NEW COM	Com	949746101	494	9,520	SH		SOLE		0	0	9,520
WISCONSIN ENERGY CORP COM	Com	976657106	692	16,098	SH		SOLE		0	0	16,098
YOU ON DEMAND HLDGS INC COM NE	Com	98741R207	76	36,000	SH		SOLE		0	0	36,000
ISHARES TR BARCLYS 1-3YR CR	1-3 YR CR BD ETF	464288646	419	3,980	SH		SOLE		0	0	3,980
ISHARES TR COHEN&ST RLTY	COHEN&STEER REIT	464287564	290	3,433	SH		SOLE		0	0	3,433
ISHARES TR CORE S&P500 ETF	CORE s&p500 ETF	464287200	932	4,701	SH		SOLE		0	0	4,701
ISHARES TR MRTG PLS CAP IDX	MRG RL ES CP ETF	464288539	177	15,000	SH		SOLE		0	0	15,000
ISHARES TR MSCI EAFE INDEX	MSCI EAFE ETF	464287465	4,336	67,626	SH		SOLE		0	0	67,626
ISHARES TR MSCI EMERG MKT	MSCI EMG MKT ETF	464287234	2,581	62,108	SH		SOLE		0	0	62,108
ISHARES TR NASDQ BIO INDX	NASDQ BIOTEC ETF	464287556	219	800	SH		SOLE		0	0	800
ISHARES TR RUSL 2000 VALU	RUS 2000 VAL ETF	464287630	282	3,009	SH		SOLE		0	0	3,009
ISHARES TR RUSSELL 2000	RUSSELL 2000 ETF	464287655	4,843	44,291	SH		SOLE		0	0	44,291
ISHARES TR S&P DEV EX-US	INTL DEVPPTY ETF	464288422	201	5,500	SH		SOLE		0	0	5,500
JPMORGAN CHASE & CO ALERIAN ML	ALERIAN ML ETN	46625H365	273	5,150	SH		SOLE		0	0	5,150
MIDCAP SPDR TR UNIT SER 1	UTSER1 S&PDCRP	78467y107	510	2,045	SH		SOLE		0	0	2,045
POWERSHARES ETF TRUST II SENIO	SENIOR LN PORT	73936Q769	388	16,000	SH		SOLE		0	0	16,000
POWERSHARES QQQ TRUST UNIT SER	UNIT SER 1	73935A104	663	6,710	SH		SOLE		0	0	6,710
SPDR S&P 500 ETF TR TR UNIT	TR UNIT	78462F103	1,036	5,258	SH		SOLE		0	0	5,258
SPDR SER TR SHT TRM HGH YLD	SHT TRM HGH YLD	78468R408	215	7,200	SH		SOLE		0	0	7,200
SPDR SERIES TRUST S&P DIVID ET	S&P DIVID ETF	78464A763	203	2,706	SH		SOLE		0	0	2,706
VANGUARD INDEX FDS REIT ETF	REIT ETF	922908553	262	3,650	SH		SOLE		0	0	3,650
VANGUARD INTL EQUITY INDEX FD	FTSE EMR MKT ETF	922042858	1,708	40,955	SH		SOLE		0	0	40,955