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	3,453	20,720	SH		SOLE		4,000	0	16,720
ABBOTT LABS COM	Com	002824100	18,645	445,729	SH		SOLE		10,500	0	435,229
ABBVIE INC COM	Com	00287Y109	200	3,504	SH		SOLE		0	0	3,504
ACCENTURE PLC IRELAND SHS CLAS	Com	G1151C101	28,900	250,433	SH		SOLE		6,500	0	243,933
ACUITY BRANDS INC COM	Com	00508Y102	2,530	11,600	SH		SOLE		3,250	0	8,350
AFLAC INC COM	Com	001055102	18,540	293,640	SH		SOLE		12,000	0	281,640
ALPHABET INC CAP STK CL A	Cap Stk Cl A	02079K305	498	653	SH		SOLE		0	0	653
ALPHABET INC CAP STK CL C	Cap Stk Cl C	02079K107	473	635	SH		SOLE		0	0	635
ALTRIA GROUP INC COM	Com	02209S103	6,236	99,515	SH		SOLE		0	0	99,515
AMERICAN ELEC PWR INC COM	Com	025537101	828	12,466	SH		SOLE		6,000	0	6,466
AMGEN INC COM	Com	031162100	784	5,232	SH		SOLE		0	0	5,232
APPLE INC COM	Com	037833100	6,156	56,482	SH		SOLE		0	0	56,482
AT&T INC COM	Com	00206R102	13,553	346,007	SH		SOLE		18,000	0	328,007
BANK AMER CORP COM	Com	060505104	12,025	889,389	SH		SOLE		38,000	0	851,389
BERKSHIRE HATHAWAY CL A 1/100	Cl A	084670108	213	100	SH		SOLE		0	0	100
BERKSHIRE HATHAWAY INC DEL CL	Cl B	084670702	821	5,787	SH		SOLE		0	0	2,063
BHP BILLITON LTD SPONSORED ADR	Com	088606108	842	32,498	SH		SOLE		0	0	32,498
BIOGEN INC COM	Com	09062X103	347	1,332	SH		SOLE		0	0	1,332
BOEING CO COM	Com	097023105	1,540	12,128	SH		SOLE		0	0	12,128
BP PLC SPONSORED ADR	Com	055622104	625	20,704	SH		SOLE		0	0	20,704
BRISTOL MYERS SQUIBB CO COM	Com	110122108	1,975	30,925	SH		SOLE		0	0	30,925
BUCKEYE PARTNERS L P UNIT LTD	Com	118230101	247	3,639	SH		SOLE		0	0	3,639
CARNIVAL CORP PAIRED CTF	Com	143658300	21,593	409,199	SH		SOLE		15,000	0	394,199
CATERPILLAR INC DEL COM	Com	149123101	266	3,475	SH		SOLE		0	0	3,475
CENTURYLINK INC COM	Com	156700106	1,479	46,265	SH		SOLE		0	0	46,265
CHEVRON CORP NEW COM	Com	166764100	22,018	230,798	SH		SOLE		6,000	0	224,798
CISCO SYS INC COM	Com	17275R102	309	10,844	SH		SOLE		0	0	10,844
COCA COLA CO COM	Com	191216100	12,810	276,145	SH		SOLE		0	0	276,145
COLGATE PALMOLIVE CO COM	Com	194162103	1,618	22,900	SH		SOLE		0	0	22,900
CONOCOPHILLIPS COM	Com	20825C104	450	11,173	SH		SOLE		0	0	11,173
CONSOLIDATED EDISON INC COM	Com	209115104	274	3,573	SH		SOLE		0	0	3,573
CSX CORP COM	Com	126408103	206	7,996	SH		SOLE		0	0	7,996
DEVON ENERGY CORP NEW COM	Com	25179M103	2,788	101,610	SH		SOLE		10,500	0	91,110
DISNEY WALT CO COM DISNEY	Com	254687106	1,294	13,027	SH		SOLE		0	0	13,027
DNP SELECT INCOME FD COM	Com	23325P104	1,382	138,229	SH		SOLE		0	0	138,229
DOMINION RES INC VA NEW COM	Com	25746U109	1,932	25,720	SH		SOLE		5,000	0	20,720
DONALDSON INC COM	Com	257651109	3,889	121,875	SH		SOLE		4,000	0	117,875
DOW CHEM CO COM	Com	260543103	24,799	487,599	SH		SOLE		19,500	0	468,099
DU PONT E I DE NEMOURS & CO CO	Com	263534109	4,783	75,543	SH		SOLE		11,250	0	64,293
DUKE ENERGY CORP NEW COM NEW	Com	26441C204	676	8,381	SH		SOLE		0	0	8,381
EMERSON ELEC CO COM	Com	291011104	210	3,860	SH		SOLE		0	0	3,860
ENSCO PLC SHS CLASS A	Com	G3157S106	503	48,475	SH		SOLE		0	0	48,475
ENTERPRISE PRODS PARTNERS L P	Com	293792107	208	8,467	SH		SOLE		0	0	8,467
EXPRESS SCRIPTS HLDG CO COM	Com	30219G108	13,643	198,610	SH		SOLE		8,000	0	190,610
EXXON MOBIL CORP COM	Com	30231G102	29,975	358,591	SH		SOLE		0	0	358,591
FACEBOOK INC CL A	Com	30303M102	27,865	244,219	SH		SOLE		4,200	0	240,019
FIRST HORIZON NATL CORP COM	Com	320517105	144	11,022	SH		SOLE		0	0	11,022
FIRST INDUSTRIAL REALTY TRUST	Com	32054K103	279	12,250	SH		SOLE		0	0	12,250
FIRST NBC BK HLDG CO COM	Com	32115D106	309	15,000	SH		SOLE		0	0	15,000
FLEXTRONICS INTL LTD ORD	Com	Y2573F102	451	37,407	SH		SOLE		0	0	37,407
FLUOR CORP NEW COM	Com	343412102	11,378	211,883	SH		SOLE		0	0	211,883
FORD MTR CO DEL COM PAR $0.01	Com	345370860	178	13,150	SH		SOLE		0	0	13,150
FORTUNE BRANDS HOME & SEC INC	Com	34964C106	22,142	395,110	SH		SOLE		15,250	0	379,860
GENERAL ELECTRIC CO COM	Com	369604103	27,646	869,632	SH		SOLE		29,350	0	840,282
GENERAL MLS INC COM	Com	370334104	17,412	274,852	SH		SOLE		12,000	0	262,852
GENERAL MTRS CO COM	Com	37045V100	287	9,119	SH		SOLE		0	0	9,119
GILEAD SCIENCES INC COM	Com	375558103	561	6,112	SH		SOLE		0	0	6,112
GLAXOSMITHKLINE PLC SPONSORED	Com	37733W105	7,256	178,929	SH		SOLE		0	0	178,929
GRAMERCY PPTY TR COM	Com	385002100	85	10,000	SH		SOLE		0	0	10,000
HANCOCK HLDG CO COM	Com	410120109	1,170	50,956	SH		SOLE		0	0	50,956
HERSHEY CO COM	Com	427866108	417	4,531	SH		SOLE		0	0	4,531
HOME DEPOT INC COM	Com	437076102	29,611	221,920	SH		SOLE		7,300	0	214,620
IBERIABANK CORP COM	Com	450828108	482	9,398	SH		SOLE		0	0	9,398
INTEL CORP COM	Com	458140100	22,730	702,618	SH		SOLE		24,000	0	678,618
INTERNATIONAL BUSINESS MACHS C	Com	459200101	6,144	40,568	SH		SOLE		0	0	40,568
INVESCO LTD SHS	Com	G491BT108	19,760	642,193	SH		SOLE		20,000	0	622,193
JACOBS ENGR GROUP INC DEL COM	Com	469814107	8,216	188,653	SH		SOLE		2,400	0	186,253
JOHNSON & JOHNSON COM	Com	478160104	18,110	167,379	SH		SOLE		7,000	0	160,379
JOHNSON CTLS INC COM	Com	478366107	14,731	378,020	SH		SOLE		18,100	0	359,920
JPMORGAN CHASE & CO COM	Com	46625H100	21,968	370,949	SH		SOLE		13,700	0	357,249
KIMBERLY CLARK CORP COM	Com	494368103	2,615	19,440	SH		SOLE		4,000	0	15,440
KINDER MORGAN INC DEL COM	Com	49456B101	497	27,814	SH		SOLE		0	0	27,814
KRAFT HEINZ CO COM	Com	500754106	443	5,642	SH		SOLE		0	0	5,642
LIBERTY PPTY TR SH BEN INT	Com	531172104	465	13,900	SH		SOLE		0	0	13,900
LILLY ELI & CO COM	Com	532457108	1,067	14,823	SH		SOLE		0	0	14,823
LINCOLN NATL CORP IND COM	Com	534187109	5,391	137,529	SH		SOLE		13,000	0	124,529
LOEWS CORP COM	Com	540424108	474	12,400	SH		SOLE		0	0	12,400
LOWES COS INC COM	Com	548661107	7,039	92,927	SH		SOLE		0	0	92,927
MCDERMOTT INTL INC COM	Com	580037109	46	11,206	SH		SOLE		0	0	11,206
MCGRAW HILL FINL INC COM	Com	580645109	208	2,100	SH		SOLE		0	0	2,100
MERCK & CO INC NEW COM	Com	58933Y105	15,096	285,311	SH		SOLE		15,000	0	270,311
MICROSOFT CORP COM	Com	594918104	9,775	176,991	SH		SOLE		21,250	0	155,741
MONDELEZ INTL INC CL A	Com	609207105	530	13,221	SH		SOLE		0	0	13,221
MONSANTO CO NEW COM	Com	61166W101	389	4,432	SH		SOLE		0	0	4,432
NATIONAL OILWELL VARCO INC COM	Com	637071101	3,362	108,103	SH		SOLE		1,000	0	107,103
NIKE INC CL B	Com	654106103	268	4,362	SH		SOLE		0	0	4,362
NOBLE ENERGY INC COM	Com	655044105	2,863	91,157	SH		SOLE		1,626	0	89,531
NORFOLK SOUTHERN CORP COM	Com	655844108	11,679	140,294	SH		SOLE		8,250	0	132,044
ORACLE CORP COM	Com	68389X105	20,928	511,571	SH		SOLE		18,000	0	493,571
PEPSICO INC COM	Com	713448108	18,870	184,136	SH		SOLE		9,000	0	175,136
PFIZER INC COM	Com	717081103	6,084	205,261	SH		SOLE		15,000	0	190,261
PHILIP MORRIS INTL INC COM	Com	718172109	25,561	260,539	SH		SOLE		8,050	0	252,489
PHILLIPS 66 COM	Com	718546104	203	2,347	SH		SOLE		0	0	2,347
PIONEER NAT RES CO COM	Com	723787107	10,236	72,732	SH		SOLE		3,300	0	69,432
PPG INDS INC COM	Com	693506107	2,228	19,984	SH		SOLE		0	0	19,984
PROCTER & GAMBLE CO COM	Com	742718109	22,323	271,207	SH		SOLE		8,900	0	262,307
QUEST DIAGNOSTICS INC COM	Com	74834L100	373	5,225	SH		SOLE		0	0	5,225
REGIONS FINL CORP NEW COM	Com	7591EP100	96	12,176	SH		SOLE		0	0	12,176
REYNOLDS AMERICAN INC COM	Com	761713106	679	13,500	SH		SOLE		0	0	13,500
ROCKWELL AUTOMATION INC COM	Com	773903109	21,294	187,197	SH		SOLE		7,200	0	179,997
ROCKWELL COLLINS INC COM	Com	774341101	581	6,299	SH		SOLE		0	0	6,299
ROYAL DUTCH SHELL PLC	Com	780259206	2,516	51,931	SH		SOLE		8,000	0	43,931
SCHLUMBERGER LTD COM	Com	806857108	18,776	254,585	SH		SOLE		7,000	0	247,585
SOUTHERN CO COM	Com	842587107	1,225	23,674	SH		SOLE		0	0	23,674
SYSCO CORP COM	Com	871829107	779	16,670	SH		SOLE		0	0	16,670
TARGET CORP COM	Com	87612E106	19,669	239,055	SH		SOLE		8,000	0	231,055
THERMO FISHER SCIENTIFIC INC C	Com	883556102	30,951	218,597	SH		SOLE		5,850	0	212,747
TREEHOUSE FOODS INC COM	Com	89469A104	5,473	63,095	SH		SOLE		1,200	0	61,895
TRUSTMARK CORP COM	Com	898402102	333	14,465	SH		SOLE		0	0	14,465
UNITED PARCEL SERVICE INC CL B	Com	911312106	11,812	111,995	SH		SOLE		0	0	111,995
UNITED TECHNOLOGIES CORP COM	Com	913017109	4,149	41,452	SH		SOLE		0	0	41,452
VERIZON COMMUNICATIONS INC COM	Com	92343V104	15,238	281,764	SH		SOLE		10,000	0	271,764
VISA INC COM CL A	Com	92826C839	33,477	437,727	SH		SOLE		8,600	0	429,127
WAL-MART STORES INC COM	Com	931142103	4,073	59,470	SH		SOLE		0	0	59,470
WALGREENS BOOTS ALLIANCE INC C	Com	931427108	1,795	21,309	SH		SOLE		0	0	21,309
WEC ENERGY GROUP INC COM	Com	92939U106	967	16,098	SH		SOLE		0	0	16,098
WELLS FARGO & CO NEW COM	Com	949746101	3,286	67,954	SH		SOLE		0	0	67,954
WEYERHAEUSER CO COM	Com	962166104	479	15,452	SH		SOLE		0	0	15,452
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	538	5,108	SH		SOLE		0	0	5,108
ISHARES TR COHEN&ST RLTY	COHEN&STEER REIT;	464287564	342	3,313	SH		SOLE		0	0	3,313
ISHARES TR CORE S&P500 ETF	CORE S&P500 ETF	464287200	1,890	9,147	SH		SOLE		0	0	9,147
ISHARES TR MSCI EAFE INDEX	MSCI EAFE ETF	464287465	5,520	96,566	SH		SOLE		0	0	96,566
ISHARES TR MSCI EMERG MKT	MSCI EMG MKT ETF	464287234	2,398	70,003	SH		SOLE		0	0	70,003
ISHARES TR NASDQ BIO INDX	NASDQ BIOTEC ETF	464287556	209	800	SH		SOLE		0	0	800
ISHARES TR RUS 1000 ETF	RUS 1000 ETF	464287622	719	6,304	SH		SOLE		0	0	6,304
ISHARES TR RUS 2000 VAL ETF	RUS 2000 VAL ETF	464287630	286	3,066	SH		SOLE		0	0	3,066
ISHARES TR RUS MID-CAP ETF	RUS MID-CAP ETF	464287499	905	5,552	SH		SOLE		0	0	5,552
ISHARES TR RUSSELL 2000	RUSSELL 2000 ETF	464287655	7,718	69,762	SH		SOLE		0	0	69,762
JPMORGAN CHASE & CO ALERIAN ML	ALERIAN ML ETN	46625H365	424	15,650	SH		SOLE		0	0	15,650
POWERSHARES QQQ TRUST UNIT SER	UNIT SER 1	73935A104	729	6,680	SH		SOLE		0	0	6,680
SPDR S&P 500 ETF TR TR UNIT	TR UNIT	78462F103	818	3,981	SH		SOLE		0	0	3,981
SPDR S&P MIDCAP 400 ETF TR UTS	UTSER1 S&PDCRP	78467Y107	430	1,638	SH		SOLE		0	0	1,638
SPDR SERIES TRUST AEROSPACE DE	AEROSPACE DEF	78464A631	200	3,842	SH		SOLE		0	0	3,842
VANGUARD INDEX FDS LARGE CAP E	LARGE CAP ETF	922908637	611	6,497	SH		SOLE		0	0	6,497
VANGUARD INDEX FDS MID CAP ETF	MID CAP ETF	922908629	821	6,769	SH		SOLE		0	0	6,769
VANGUARD INDEX FDS REIT ETF	REIT ETF	922908553	1,104	13,179	SH		SOLE		0	0	13,179
VANGUARD INDEX FDS SMALL CP ET	SMALL CP ETF	922908751	756	6,780	SH		SOLE		0	0	6,780
VANGUARD INTL EQUITY INDEX FD	FTSE EMR MKT ETF	922042858	2,742	79,286	SH		SOLE		0	0	79,286
VANGUARD INTL EQUITY INDEX FD	GLB EX US ETF	922042676	650	12,151	SH		SOLE		0	0	12,151
VANGUARD WORLD FDS CONSUM DIS	CONSUM DIS ETF	92204A108	504	4,065	SH		SOLE		0	0	4,065
VANGUARD WORLD FDS CONSUM STP	CONSUM STP ETF	92204A207	599	4,430	SH		SOLE		0	0	4,430
VANGUARD WORLD FDS ENERGY ETF	ENERGY ETF	92204A306	670	7,806	SH		SOLE		0	0	7,806
VANGUARD WORLD FDS INF TECH ET	INF TECH ETF	92204A702	619	5,651	SH		SOLE		0	0	5,651
VANGUARD WORLD FDS TELCOMM ETF	TELCOMM ETF	92204A884	607	6,546	SH		SOLE		0	0	6,546