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	3,077	20,424	SH		SOLE		4,000	0	16,424
ABBOTT LABS COM	Com	002824100	19,284	429,401	SH		SOLE		10,500	0	418,901
ABBVIE INC COM	Com	00287Y109	208	3,504	SH		SOLE		0	0	3,504
ACCENTURE PLC IRELAND SHS CLAS	Com	G1151C101	25,722	246,140	SH		SOLE		6,500	0	239,640
AFLAC INC COM	Com	001055102	17,399	290,465	SH		SOLE		12,000	0	278,465
ALPHABET INC CAP STK CL A	Cap Stk CL A	02079K305	502	645	SH		SOLE		0	0	645
ALPHABET INC CAP STK CL C	Cap Stk CL C	02079K107	467	616	SH		SOLE		0	0	616
ALTRIA GROUP INC COM	Com	02209S103	5,705	98,001	SH		SOLE		0	0	98,001
AMERICAN ELEC PWR INC COM	Com	025537101	723	12,416	SH		SOLE		6,000	0	6,416
AMERICAN EXPRESS CO COM	Com	025816109	259	3,720	SH		SOLE		0	0	3,720
AMGEN INC COM	Com	031162100	849	5,232	SH		SOLE		0	0	5,232
APPLE INC COM	Com	037833100	5,999	56,988	SH		SOLE		0	0	56,988
AT&T INC COM	Com	00206R102	11,938	346,927	SH		SOLE		17,400	0	329,527
BANK AMER CORP COM	Com	060505104	13,636	810,193	SH		SOLE		32,000	0	778,193
BERKSHIRE HATHAWAY INC DEL CL	Com	084670702	565	4,282	SH		SOLE		0	0	4,282
BHP BILLITON LTD SPONSORED ADR	Com	088606108	846	32,838	SH		SOLE		0	0	32,838
BIOGEN INC COM	Com	09062X103	408	1,332	SH		SOLE		0	0	1,332
BOEING CO COM	Com	097023105	1,754	12,128	SH		SOLE		0	0	12,128
BP PLC SPONSORED ADR	Com	055622104	559	17,888	SH		SOLE		0	0	17,888
BRISTOL MYERS SQUIBB CO COM	Com	110122108	2,061	29,955	SH		SOLE		0	0	29,955
CARNIVAL CORP PAIRED CTF	Com	143658300	21,066	386,666	SH		SOLE		15,000	0	371,666
CATERPILLAR INC DEL COM	Com	149123101	236	3,475	SH		SOLE		0	0	3,475
CENTURYLINK INC COM	Com	156700106	1,609	63,970	SH		SOLE		15,000	0	48,970
CHEVRON CORP NEW COM	Com	166764100	20,156	224,053	SH		SOLE		6,000	0	218,053
CISCO SYS INC COM	Com	17275R102	334	12,291	SH		SOLE		0	0	12,291
COCA COLA CO COM	Com	191216100	11,888	276,722	SH		SOLE		0	0	276,722
COLGATE PALMOLIVE CO COM	Com	194162103	1,652	24,800	SH		SOLE		0	0	24,800
CONOCOPHILLIPS COM	Com	20825C104	516	11,048	SH		SOLE		0	0	11,048
CONSOLIDATED EDISON INC COM	Com	209115104	230	3,573	SH		SOLE		0	0	3,573
CSX CORP COM	Com	126408103	259	9,996	SH		SOLE		0	0	9,996
DEVON ENERGY CORP NEW COM	Com	25179M103	2,545	79,545	SH		SOLE		10,000	0	69,545
DISNEY WALT CO COM DISNEY	Com	254687106	1,369	13,027	SH		SOLE		0	0	13,027
DNP SELECT INCOME FD COM	Com	23325P104	1,239	138,229	SH		SOLE		0	0	138,229
DOMINION RES INC VA NEW COM	Com	25746U109	1,740	25,720	SH		SOLE		5,000	0	20,720
DONALDSON INC COM	Com	257651109	3,418	119,250	SH		SOLE		4,000	0	115,250
DOW CHEM CO COM	Com	260543103	24,423	474,412	SH		SOLE		19,500	0	454,912
DU PONT E I DE NEMOURS & CO CO	Com	263534109	5,184	77,834	SH		SOLE		11,250	0	66,584
DUKE ENERGY CORP NEW COM NEW	Com	26441C204	598	8,381	SH		SOLE		0	0	8,381
E M C CORP MASS COM	Com	268648102	15,453	601,756	SH		SOLE		3,000	0	598,756
ENSCO PLC SHS CLASS A	Com	G3157S106	748	48,575	SH		SOLE		0	0	48,575
EXPRESS SCRIPTS HLDG CO COM	Com	30219G108	15,868	181,540	SH		SOLE		8,000	0	173,540
EXXON MOBIL CORP COM	Com	30231G102	27,892	357,818	SH		SOLE		0	0	357,818
FACEBOOK INC CL A	Com	30303M102	25,721	245,762	SH		SOLE		4,200	0	241,562
FIRST HORIZON NATL CORP COM	Com	320517105	160	11,022	SH		SOLE		0	0	11,022
FIRST INDUSTRIAL REALTY TRUST	Com	32054K103	300	13,550	SH		SOLE		0	0	13,550
FIRST NBC BK HLDG CO COM	Com	32115D106	561	15,000	SH		SOLE		0	0	15,000
FLEXTRONICS INTL LTD ORD	Com	Y2573F102	455	40,592	SH		SOLE		0	0	40,592
FLUOR CORP NEW COM	Com	343412102	9,750	206,476	SH		SOLE		0	0	206,476
FORD MTR CO DEL COM PAR $0.01	Com	345370860	201	14,250	SH		SOLE		0	0	14,250
FORTUNE BRANDS HOME & SEC INC	Com	34964C106	20,897	376,520	SH		SOLE		12,750	0	363,770
GENERAL ELECTRIC CO COM	Com	369604103	26,731	858,125	SH		SOLE		29,350	0	828,775
GENERAL MLS INC COM	Com	370334104	15,565	269,952	SH		SOLE		12,000	0	257,952
GENERAL MTRS CO COM	Com	37045V100	310	9,119	SH		SOLE		0	0	9,119
GILEAD SCIENCES INC COM	Com	375558103	647	6,396	SH		SOLE		0	0	6,396
GLAXOSMITHKLINE PLC SPONSORED	Com	37733W105	6,870	170,271	SH		SOLE		0	0	170,271
GRAMERCY PPTY TR COM	Com	385002100	77	10,000	SH		SOLE		0	0	10,000
HANCOCK HLDG CO COM	Com	410120109	1,322	52,536	SH		SOLE		2,000	0	50,536
HERSHEY CO COM	Com	427866108	333	3,734	SH		SOLE		0	0	3,734
HOME DEPOT INC COM	Com	437076102	29,333	221,798	SH		SOLE		7,300	0	214,498
IBERIABANK CORP COM	Com	450828108	529	9,598	SH		SOLE		0	0	9,598
INTEL CORP COM	Com	458140100	23,439	680,364	SH		SOLE		23,500	0	656,864
INTERNATIONAL BUSINESS MACHS C	Com	459200101	5,709	41,484	SH		SOLE		0	0	41,484
INVESCO LTD SHS	Com	G491BT108	20,636	616,363	SH		SOLE		19,600	0	596,763
JACOBS ENGR GROUP INC DEL COM	Com	469814107	7,938	189,218	SH		SOLE		2,400	0	186,818
JOHNSON & JOHNSON COM	Com	478160104	16,176	157,481	SH		SOLE		7,000	0	150,481
JOHNSON CTLS INC COM	Com	478366107	12,180	308,426	SH		SOLE		17,800	0	290,626
JPMORGAN CHASE & CO COM	Com	46625H100	23,526	356,295	SH		SOLE		13,500	0	342,795
KIMBERLY CLARK CORP COM	Com	494368103	2,501	19,650	SH		SOLE		4,000	0	15,650
KINDER MORGAN INC DEL COM	Com	49456B101	320	21,458	SH		SOLE		0	0	21,458
KRAFT HEINZ CO COM	Com	500754106	407	5,597	SH		SOLE		0	0	5,597
LIBERTY PPTY TR SH BEN INT	Com	531172104	432	13,900	SH		SOLE		0	0	13,900
LILLY ELI & CO COM	Com	532457108	1,249	14,823	SH		SOLE		0	0	14,823
LINCOLN NATL CORP IND COM	Com	534187109	5,863	116,656	SH		SOLE		12,400	0	104,256
LOEWS CORP COM	Com	540424108	476	12,400	SH		SOLE		0	0	12,400
LOWES COS INC COM	Com	548661107	7,112	93,527	SH		SOLE		0	0	93,527
MCDERMOTT INTL INC COM	Com	580037109	38	11,206	SH		SOLE		0	0	11,206
MCGRAW HILL FINL INC COM	Com	580645109	207	2,100	SH		SOLE		0	0	2,100
MERCK & CO INC NEW COM	Com	58933Y105	14,509	274,682	SH		SOLE		15,000	0	259,682
MICROSOFT CORP COM	Com	594918104	6,246	112,574	SH		SOLE		21,000	0	91,574
MONDELEZ INTL INC CL A	Com	609207105	598	13,336	SH		SOLE		0	0	13,336
MONSANTO CO NEW COM	Com	61166W101	437	4,432	SH		SOLE		0	0	4,432
NATIONAL OILWELL VARCO INC COM	Com	637071101	3,447	102,938	SH		SOLE		1,000	0	101,938
NIKE INC CL B	Com	654106103	273	4,362	SH		SOLE		0	0	4,362
NOBLE ENERGY INC COM	Com	655044105	2,951	89,615	SH		SOLE		1,626	0	87,989
NORFOLK SOUTHERN CORP COM	Com	655844108	11,613	137,282	SH		SOLE		8,250	0	129,032
ORACLE CORP COM	Com	68389X105	18,383	503,233	SH		SOLE		18,000	0	485,233
PEPSICO INC COM	Com	713448108	17,637	176,510	SH		SOLE		9,000	0	167,510
PFIZER INC COM	Com	717081103	6,477	200,646	SH		SOLE		14,000	0	186,646
PHILIP MORRIS INTL INC COM	Com	718172109	22,847	259,893	SH		SOLE		8,050	0	251,843
PIONEER NAT RES CO COM	Com	723787107	8,659	69,060	SH		SOLE		3,300	0	65,760
PLUM CREEK TIMBER CO INC COM	Com	729251108	473	9,908	SH		SOLE		0	0	9,908
PPG INDS INC COM	Com	693506107	1,975	19,984	SH		SOLE		0	0	19,984
PROCTER & GAMBLE CO COM	Com	742718109	21,343	268,773	SH		SOLE		8,900	0	259,873
QUEST DIAGNOSTICS INC COM	Com	74834L100	486	6,825	SH		SOLE		0	0	6,825
REGIONS FINL CORP NEW COM	Com	7591EP100	117	12,176	SH		SOLE		0	0	12,176
REYNOLDS AMERICAN INC COM	Com	761713106	623	13,500	SH		SOLE		0	0	13,500
ROCKWELL AUTOMATION INC COM	Com	773903109	18,410	179,417	SH		SOLE		7,100	0	172,317
ROCKWELL COLLINS INC COM	Com	774341101	581	6,299	SH		SOLE		0	0	6,299
ROYAL DUTCH SHELL PLC	Com	780259206	2,339	51,083	SH		SOLE		8,000	0	43,083
SCHLUMBERGER LTD COM	Com	806857108	17,119	245,435	SH		SOLE		7,000	0	238,435
SOUTHERN CO COM	Com	842587107	1,103	23,570	SH		SOLE		0	0	23,570
SYSCO CORP COM	Com	871829107	653	15,933	SH		SOLE		0	0	15,933
TARGET CORP COM	Com	87612E106	17,333	238,711	SH		SOLE		8,000	0	230,711
TESLA MTRS INC COM	Com	88160R101	204	850	SH		SOLE		0	0	850
THERMO FISHER SCIENTIFIC INC C	Com	883556102	30,625	215,895	SH		SOLE		5,850	0	210,045
TREEHOUSE FOODS INC COM	Com	89469A104	4,887	62,285	SH		SOLE		1,200	0	61,085
TRUSTMARK CORP COM	Com	898402102	333	14,465	SH		SOLE		0	0	14,465
UNITED PARCEL SERVICE INC CL B	Com	911312106	9,988	103,795	SH		SOLE		0	0	103,795
UNITED TECHNOLOGIES CORP COM	Com	913017109	4,018	41,827	SH		SOLE		0	0	41,827
URANIUM ENERGY CORP COM	Com	916896103	11	10,500	SH		SOLE		0	0	10,500
VERIZON COMMUNICATIONS INC COM	Com	92343V104	12,804	277,024	SH		SOLE		10,000	0	267,024
VISA INC COM CL A	Com	92826C839	33,568	432,855	SH		SOLE		5,400	0	427,455
WAL-MART STORES INC COM	Com	931142103	3,666	59,808	SH		SOLE		0	0	59,808
WALGREENS BOOTS ALLIANCE INC C	Com	931427108	1,819	21,359	SH		SOLE		0	0	21,359
WEC ENERGY GROUP INC COM	Com	92939U106	826	16,098	SH		SOLE		0	0	16,098
WELLS FARGO & CO NEW COM	Com	949746101	4,194	77,154	SH		SOLE		0	0	77,154
WHOLE FOODS MKT INC COM	Com	966837106	201	6,000	SH		SOLE		0	0	6,000
YOU ON DEMAND HLDGS INC COM NE	Com	98741R207	19	10,000	SH		SOLE		0	0	10,000
ISHARES TR 1-3 YR CR BD ETF	1-3 YR CR BD ETF	464288646	577	5,518	SH		SOLE		0	0	5,518
ISHARES TR COHEN&ST RLTY	COHEN&STEER REIT	464287564	328	3,303	SH		SOLE		0	0	3,303
ISHARES TR CORE S&P500 ETF	CORE S&P500 ETF	464287200	1,902	9,283	SH		SOLE		0	0	9,283
ISHARES TR MSCI EAFE INDEX	MSCI EAFE ETF	464287465	5,217	88,838	SH		SOLE		0	0	88,838
ISHARES TR MSCI EMERG MKT	MSCI EMG MKT ETF	464287234	2,242	69,635	SH		SOLE		0	0	69,635
ISHARES TR NASDQ BIO INDX	NASDQ BIOTEC ETF	464287556	271	800	SH		SOLE		0	0	800
ISHARES TR RUS 1000 ETF	RUS 1000 ETF	464287622	426	3,762	SH		SOLE		0	0	3,762
ISHARES TR RUS 2000 VAL ETF	RUS 2000 VAL ETF	464287630	282	3,066	SH		SOLE		0	0	3,066
ISHARES TR RUS MID-CAP ETF	RUS MID-CAP ETF	464287499	448	2,797	SH		SOLE		0	0	2,797
ISHARES TR RUSSELL 2000	RUSSELL 2000 ETF	464287655	6,994	62,101	SH		SOLE		0	0	62,101
JPMORGAN CHASE & CO ALERIAN ML	ALERIAN ML ETN	46625H365	453	15,650	SH		SOLE		0	0	15,650
POWERSHARES QQQ TRUST UNIT SER	UNIT SER 1	73935A104	770	6,885	SH		SOLE		0	0	6,885
PROSHARES TR SHRT 20+YR TRE	SHRT 20+YR TRE	74347X849	208	8,393	SH		SOLE		0	0	8,393
SPDR S&P 500 ETF TR TR UNIT	TR UNIT	78462F103	871	4,273	SH		SOLE		0	0	4,273
SPDR S&P MIDCAP 400 ETF TR UTS	UTSER1 S&PDCRP	78467Y107	447	1,758	SH		SOLE		0	0	1,758
SPDR SERIES TRUST AEROSPACE DE	AEROSPACE DEF	78464A631	314	5,929	SH		SOLE		0	0	5,929
VANGUARD INDEX FDS LARGE CAP E	LARGE CAP ETF	922908637	847	9,062	SH		SOLE		0	0	9,062
VANGUARD INDEX FDS MID CAP ETF	MID CAP ETF	922908629	835	6,950	SH		SOLE		0	0	6,950
VANGUARD INDEX FDS REIT ETF	REIT ETF	922908553	989	12,404	SH		SOLE		0	0	12,404
VANGUARD INDEX FDS SMALL CP ET	SMALL CP ETF	922908751	799	7,226	SH		SOLE		0	0	7,226
VANGUARD INTL EQUITY INDEX FD	FTSE EMR MKT ETF	922042858	2,346	71,711	SH		SOLE		0	0	71,711
VANGUARD INTL EQUITY INDEX FD	GLB EX US ETF	922042676	537	10,501	SH		SOLE		0	0	10,501
VANGUARD WORLD FDS CONSUM DIS	CONSUM DIS ETF	92204A108	373	3,048	SH		SOLE		0	0	3,048
VANGUARD WORLD FDS CONSUM STP	CONSUM STP ETF	92204A207	468	3,626	SH		SOLE		0	0	3,626
VANGUARD WORLD FDS ENERGY ETF	ENERGY ETF	92204A306	552	6,644	SH		SOLE		0	0	6,644
VANGUARD WORLD FDS INF TECH ET	INF TECH ETF	92204A702	512	4,731	SH		SOLE		0	0	4,731
VANGUARD WORLD FDS TELCOMM ETF	TELCOMM ETF	92204A884	528	6,288	SH		SOLE		0	0	6,288