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	3,100	18,865	SH		SOLE		4,000	0	14,865
ABBOTT LABS COM	Com	002824100	18,353	407,659	SH		SOLE		3,000	0	404,659
ABBVIE INC COM	Com	00287Y109	481	7,348	SH		SOLE		0	0	7,348
ACCENTURE PLC IRELAND SHS CLAS	Com	G1151C101	22,456	251,433	SH		SOLE		6,500	0	244,933
AFLAC INC COM	Com	001055102	17,920	293,332	SH		SOLE		12,000	0	281,332
ALTRIA GROUP INC COM	Com	02209S103	5,315	107,869	SH		SOLE		0	0	107,869
AMERICAN ELEC PWR INC COM	Com	025537101	928	15,286	SH		SOLE		12,000	0	3,286
AMERICAN EXPRESS CO COM	Com	025816109	366	3,929	SH		SOLE		0	0	3,929
AMGEN INC COM	Com	031162100	833	5,232	SH		SOLE		0	0	5,232
APACHE CORP COM	Com	037411105	236	3,764	SH		SOLE		0	0	3,764
APPLE INC COM	Com	037833100	5,885	53,314	SH		SOLE		0	0	53,314
AT&T INC COM	Com	00206R102	11,263	335,323	SH		SOLE		17,400	0	317,923
BANK OF AMERICA CORPORATION CO	Com	060505104	11,577	647,143	SH		SOLE		6,000	0	641,143
BERKSHIRE HATHAWAY CL A 1/100	CL A	084670108	226	100	SH		SOLE		0	0	100
BERKSHIRE HATHAWAY INC DEL CL	CL B	084670702	620	4,132	SH		SOLE		0	0	4,132
BHP BILLITON LTD SPONSORED ADR	Com	088606108	2,439	51,549	SH		SOLE		6,000	0	45,549
BIOGEN IDEC INC COM	Com	09062X103	469	1,382	SH		SOLE		0	0	1,382
BOEING CO COM	Com	097023105	1,703	13,103	SH		SOLE		0	0	13,103
BP PLC SPONSORED ADR	Com	055622104	682	17,888	SH		SOLE		0	0	17,888
BRANDYWINE REALTY TRUST	Com	105368203	224	14,000	SH		SOLE		14,000	0	0
BRISTOL MYERS SQUIBB CO COM	Com	110122108	1,775	30,063	SH		SOLE		0	0	30,063
CARNIVAL CORP PAIRED CTF	Com	143658300	17,056	376,265	SH		SOLE		15,000	0	361,265
CENTERPOINT ENERGY INC COM	Com	15189T107	568	24,242	SH		SOLE		0	0	24,242
CENTURYLINK INC COM	Com	156700106	4,562	115,265	SH		SOLE		15,000	0	100,265
CHAMBERS ST PROPERTIES REIT	Com	157842105	81	10,000	SH		SOLE		0	0	10,000
CHEVRON CORP NEW COM	Com	166764100	22,589	201,365	SH		SOLE		6,000	0	195,365
CISCO SYS INC COM	Com	17275R102	225	8,077	SH		SOLE		0	0	8,077
COCA COLA CO COM	Com	191216100	12,128	287,251	SH		SOLE		0	0	287,251
COLGATE PALMOLIVE CO COM	Com	194162103	1,801	26,030	SH		SOLE		0	0	26,030
CONOCOPHILLIPS COM	Com	20825C104	1,191	17,242	SH		SOLE		7,000	0	10,242
CONSOLIDATED EDISON INC COM	Com	209115104	236	3,573	SH		SOLE		0	0	3,573
CSX CORP COM	Com	126408103	279	7,700	SH		SOLE		0	0	7,700
DEVON ENERGY CORP NEW COM	Com	25179M103	4,014	65,581	SH		SOLE		1,250	0	64,331
DISNEY WALT CO COM DISNEY	Com	254687106	1,161	12,326	SH		SOLE		0	0	12,326
DNP SELECT INCOME FD COM	Com	23325P104	1,526	144,479	SH		SOLE		0	0	144,479
DOMINION RES INC VA NEW COM	Com	25746U109	1,907	24,792	SH		SOLE		5,000	0	19,792
DOW CHEM CO COM	Com	260543103	19,745	432,908	SH		SOLE		20,000	0	412,908
DU PONT E I DE NEMOURS & CO CO	Com	263534109	5,891	79,666	SH		SOLE		11,500	0	68,166
DUKE ENERGY CORP NEW COM NEW	Com	26441C204	1,171	14,018	SH		SOLE		7,000	0	7,018
DUKE REALTY CORP COM NEW	Com	264411505	408	20,200	SH		SOLE		20,000	0	200
E M C CORP MASS COM	Com	268648102	17,029	572,595	SH		SOLE		3,000	0	569,595
ENBRIDGE ENERGY PARTNERS L P C	Com	29250R106	233	5,828	SH		SOLE		0	0	5,828
ENCANA CORP COM	Com	292505104	347	24,997	SH		SOLE		13,000	0	11,997
ENSCO INTERNATIONAL INC	Com	g3157s106	2,359	78,765	SH		SOLE		0	0	78,765
EXXON MOBIL CORP COM	Com	30231G102	33,387	361,139	SH		SOLE		0	0	361,139
FACEBOOK INC CL A	Com	30303M102	19,344	247,934	SH		SOLE		2,000	0	245,934
FIRST HORIZON NATL CORP COM	Com	320517105	147	10,823	SH		SOLE		0	0	10,823
FIRST INDUSTRIAL REALTY TRUST	Com	32054K103	393	19,100	SH		SOLE		0	0	19,100
FIRST NBC BK HLDG CO COM	Com	32115D106	528	15,000	SH		SOLE		0	0	15,000
FLEXTRONICS INTL LTD ORD	Com	Y2573F102	528	47,194	SH		SOLE		0	0	47,194
FLUOR CORP NEW COM	Com	343412102	11,077	182,694	SH		SOLE		0	0	182,694
FORD MTR CO DEL COM PAR $0.01	Com	345370860	257	16,550	SH		SOLE		0	0	16,550
FORTUNE BRANDS HOME & SEC INC	Com	34964C106	12,934	285,704	SH		SOLE		2,750	0	282,954
GENERAL ELECTRIC CO COM	Com	369604103	19,910	787,878	SH		SOLE		28,600	0	759,278
GENERAL MILLS INC	Com	370334104	16,052	300,995	SH		SOLE		12,000	0	288,995
GENERAL MTRS CO COM	Com	37045V100	310	8,869	SH		SOLE		0	0	8,869
GEO GROUP INC COM	Com	36162j106	404	10,000	SH		SOLE		0	0	10,000
GILEAD SCIENCES INC COM	Com	375558103	560	5,945	SH		SOLE		0	0	5,945
GLAXOSMITHKLINE PLC SPONSORED	Com	37733W105	8,885	207,874	SH		SOLE		10,500	0	197,374
GOOGLE INC CL A	CL A	38259P508	300	565	SH		SOLE		0	0	565
GOOGLE INC CL C	CL C	38259P706	286	543	SH		SOLE		0	0	543
HANCOCK HLDG CO COM	Com	410120109	3,399	110,728	SH		SOLE		16,630	0	94,098
HERSHEY CO COM	Com	427866108	397	3,820	SH		SOLE		0	0	3,820
HOME DEPOT INC COM	Com	437076102	24,841	236,648	SH		SOLE		7,300	0	229,348
HSBC HLDGS PLC SPON ADR NEW	Com	404280406	258	5,471	SH		SOLE		0	0	5,471
IBERIABANK CORP COM	Com	450828108	613	9,448	SH		SOLE		0	0	9,448
INTEL CORP COM	Com	458140100	22,912	631,371	SH		SOLE		23,000	0	608,371
INTERNATIONAL BUSINESS MACHS C	Com	459200101	6,785	42,290	SH		SOLE		0	0	42,290
INVESCO LTD SHS	Com	G491BT108	21,938	555,109	SH		SOLE		19,600	0	535,509
JACOBS ENGR GROUP INC DEL COM	Com	469814107	8,169	182,796	SH		SOLE		2,400	0	180,396
JOHNSON & JOHNSON COM	Com	478160104	16,676	159,472	SH		SOLE		7,000	0	152,472
JOHNSON CTLS INC COM	Com	478366107	9,519	196,921	SH		SOLE		17,400	0	179,521
JPMORGAN CHASE & CO COM	Com	46625H100	20,167	322,255	SH		SOLE		13,500	0	308,755
KIMBERLY CLARK CORP COM	Com	494368103	2,331	20,173	SH		SOLE		4,000	0	16,173
KINDER MORGAN INC DEL COM	Com	49456B101	201	4,761	SH		SOLE		0	0	4,761
KRAFT FOODS GROUP INC COM	Com	50076Q106	282	4,499	SH		SOLE		0	0	4,499
LIBERTY PPTY TR SH BEN INT	Com	531172104	1,035	27,500	SH		SOLE		12,000	0	15,500
LILLY ELI & CO COM	Com	532457108	1,057	15,328	SH		SOLE		0	0	15,328
LINCOLN NATL CORP IND COM	Com	534187109	5,895	102,226	SH		SOLE		2,400	0	99,826
LOEWS CORP COM	Com	540424108	521	12,400	SH		SOLE		0	0	12,400
LOWES COS INC COM	Com	548661107	6,494	94,396	SH		SOLE		0	0	94,396
MCDERMOTT INTL INC COM	Com	580037109	34	11,706	SH		SOLE		0	0	11,706
MERCK & CO INC NEW COM	Com	58933Y105	14,170	249,517	SH		SOLE		15,000	0	234,517
MICROSOFT CORP COM	Com	594918104	2,357	50,744	SH		SOLE		19,000	0	31,744
MONDELEZ INTL INC CL A	Com	609207105	440	12,100	SH		SOLE		0	0	12,100
MONSANTO CO NEW COM	Com	61166W101	546	4,574	SH		SOLE		0	0	4,574
MURPHY OIL CORP COM	Com	626717102	237	4,682	SH		SOLE		0	0	4,682
NATIONAL OILWELL VARCO INC COM	Com	637071101	6,659	101,615	SH		SOLE		1,000	0	100,615
NIKE INC CL B	Com	654106103	292	3,035	SH		SOLE		0	0	3,035
NORFOLK SOUTHERN CORP COM	Com	655844108	13,037	118,944	SH		SOLE		8,250	0	110,694
ORACLE CORP COM	Com	68389X105	20,552	457,015	SH		SOLE		3,000	0	454,015
PEABODY ENERGY CORP COM	Com	704549104	1,035	133,775	SH		SOLE		13,000	0	120,775
PEPSICO INC COM	Com	713448108	15,787	166,957	SH		SOLE		9,000	0	157,957
PFIZER INC COM	Com	717081103	6,472	207,756	SH		SOLE		14,000	0	193,756
PHILIP MORRIS INTL INC COM	Com	718172109	20,824	255,666	SH		SOLE		8,050	0	247,616
PIONEER NAT RES CO COM	Com	723787107	5,600	37,620	SH		SOLE		500	0	37,120
PLUM CREEK TIMBER CO INC COM	Com	729251108	1,231	28,758	SH		SOLE		0	0	28,758
PPG INDS INC COM	Com	693506107	2,315	10,017	SH		SOLE		0	0	10,017
PROCTER & GAMBLE CO COM	Com	742718109	20,867	229,077	SH		SOLE		8,900	0	220,177
QUEST DIAGNOSTICS INC COM	Com	74834L100	2,200	32,805	SH		SOLE		0	0	32,805
REALTY INCOME CORP COM	Com	756109104	549	11,500	SH		SOLE		10,000	0	1,500
REYNOLDS AMERICAN INC COM	Com	761713106	505	7,850	SH		SOLE		0	0	7,850
ROCKWELL AUTOMATION INC COM	Com	773903109	18,768	168,775	SH		SOLE		7,100	0	161,675
ROCKWELL COLLINS INC COM	Com	774341101	536	6,345	SH		SOLE		0	0	6,345
ROSETTA RESOURCES INC COM	Com	777779307	4,335	194,295	SH		SOLE		2,000	0	192,295
ROYAL DUTCH SHELL PLC SPONS AD	Com	780259206	3,445	51,450	SH		SOLE		8,000	0	43,450
SCHLUMBERGER LTD COM	Com	806857108	18,605	217,832	SH		SOLE		6,250	0	211,582
SOUTHERN CO COM	Com	842587107	1,662	33,834	SH		SOLE		12,000	0	21,834
SYSCO CORP COM	Com	871829107	1,172	29,535	SH		SOLE		0	0	29,535
TARGET CORP COM	Com	87612E106	18,888	248,821	SH		SOLE		8,000	0	240,821
THERMO FISHER SCIENTIFIC INC C	Com	883556102	27,048	215,885	SH		SOLE		1,350	0	214,535
TRIANGLE PETE CORP COM NEW	Com	89600B201	48	10,000	SH		SOLE		0	0	10,000
TRUSTMARK CORP COM	Com	898402102	314	12,781	SH		SOLE		0	0	12,781
UNION PAC CORP COM	Com	907818108	233	1,955	SH		SOLE		0	0	1,955
UNITED PARCEL SERVICE INC CL B	Com	911312106	10,051	90,413	SH		SOLE		0	0	90,413
UNITED TECHNOLOGIES CORP COM	Com	913017109	26,524	230,639	SH		SOLE		7,200	0	223,439
VERIZON COMMUNICATIONS INC COM	Com	92343V104	11,240	240,266	SH		SOLE		10,000	0	230,266
VISA INC COM CL A	Com	92826C839	29,304	111,764	SH		SOLE		750	0	111,014
VORNADO RLTY TR SH BEN INT	Com	929042109	235	2,000	SH		SOLE		2,000	0	0
WAL-MART STORES INC COM	Com	931142103	8,642	100,624	SH		SOLE		0	0	100,624
WALGREENS BOOTS ALLIANCE INC C	Com	931427108	1,683	22,084	SH		SOLE		0	0	22,084
WELLS FARGO & CO NEW COM	Com	949746101	571	10,420	SH		SOLE		0	0	10,420
WHOLE FOODS MKT INC COM	Com	966837106	257	5,095	SH		SOLE		0	0	5,095
WISCONSIN ENERGY CORP COM	Com	976657106	849	16,098	SH		SOLE		0	0	16,098
YOU ON DEMAND HLDGS INC COM NE	Com	98741R207	41	20,000	SH		SOLE		0	0	20,000
ISHARES TR BARCLYS 1-3YR CR	1-3 YR CR BD ETF	464288646	710	6,750	SH		SOLE		0	0	6,750
ISHARES TR COHEN&ST RLTY	COHEN&STEER REIT	464287564	332	3,433	SH		SOLE		0	0	3,433
ISHARES TR CORE S&P500 ETF	CORE S&P500 ETF	464287200	1,469	7,103	SH		SOLE		0	0	7,103
ISHARES TR MRTG PLS CAP IDX	MRG RL ES CP ETF	464288539	176	15,000	SH		SOLE		0	0	15,000
ISHARES TR MSCI EAFE INDEX	MSCI EAFE ETF	464287465	4,344	71,401	SH		SOLE		0	0	71,401
ISHARES TR MSCI EMERG MKT	MSCI EMG MKT ETF	464287234	2,436	61,991	SH		SOLE		0	0	61,991
ISHARES TR NASDQ BIO INDX	NASDQ BIOTEC ETF	464287556	243	800	SH		SOLE		0	0	800
ISHARES TR RUSL 2000 VALU	RUS 2000 VAL ETF	464287630	306	3,009	SH		SOLE		0	0	3,009
ISHARES TR RUSSELL 2000	RUSSELL 2000 ETF	464287655	5,776	48,285	SH		SOLE		0	0	48,285
JPMORGAN CHASE & CO ALERIAN ML	ALERIAN ML ETN	46625H365	466	10,150	SH		SOLE		0	0	10,150
MIDCAP SPDR TR UNIT SER 1	UTSER1 S&PDCRP	78467y107	487	1,845	SH		SOLE		0	0	1,845
POWERSHARES ETF TRUST II SENIO	SENIOR LN PORT	73936Q769	329	13,700	SH		SOLE		0	0	13,700
POWERSHARES QQQ TRUST UNIT SER	UNIT SER 1	73935A104	723	7,004	SH		SOLE		0	0	7,004
SPDR S&P 500 ETF TR TR UNIT	TR UNIT	78462F103	1,042	5,070	SH		SOLE		0	0	5,070
SPDR SER TR SHT TRM HGH YLD	SHT TRM HGH YLD	78468R408	208	7,200	SH		SOLE		0	0	7,200
SPDR SERIES TRUST S&P DIVID ET	S&P DIVID ETF	78464A763	213	2,706	SH		SOLE		0	0	2,706
VANGUARD INDEX FDS REIT ETF	REIT ETF	922908553	296	3,650	SH		SOLE		0	0	3,650
VANGUARD INTL EQUITY INDEX FD	FTSE EMR MKT ETF	922042858	1,789	44,705	SH		SOLE		0	0	44,705
VANGUARD INTL EQUITY INDEX FD	GLB EX US ETF	922042676	214	4,000	SH		SOLE		0	0	4,000