Willis Investment Counsel 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

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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 Company	COM	88579Y101	30,497	190,390	SH		SOLE		31,995	0	158,395
Accenture PLC	COM	G1151C101	29,513	130,595	SH		SOLE		18,685	0	111,910
Advance Auto Parts Inc	COM	00751Y106	9,637	62,784	SH		SOLE		24,015	0	38,769
Aflac Inc	COM	001055102	23,549	647,841	SH		SOLE		121,070	0	526,771
Allstate	COM	020002101	14,008	148,800	SH		SOLE		18,700	0	130,100
American Electric Power Co	COM	025537101	11,360	139,000	SH		SOLE		14,000	0	125,000
American Express	COM	025816109	8,427	84,060	SH		SOLE		32,400	0	51,660
Apache Corp	COM	037411105	1,768	186,708	SH		SOLE		59,105	0	127,603
Apple Computer	COM	037833100	1,570	13,560	SH		SOLE		4,800	0	8,760
AT&T Corp	COM	00206R102	22,159	777,249	SH		SOLE		77,000	0	700,249
BHP Billiton Ltd	COM	088606108	10,348	200,119	SH		SOLE		46,658	0	153,461
Blue Bird Corp	COM	095306106	1,733	142,504	SH		SOLE		194	0	142,310
Bp Plc Spon Adr	COM	055622104	5,029	288,026	SH		SOLE		72,620	0	215,406
Caterpillar Inc Del	COM	149123101	29,804	199,823	SH		SOLE		38,395	0	161,428
Cerner Corp	COM	156782104	9,078	125,571	SH		SOLE		47,170	0	78,401
Chevron Corp	COM	166764100	13,111	182,094	SH		SOLE		18,500	0	163,594
CHUBB LTD	COM	H1467J104	24,629	212,097	SH		SOLE		41,460	0	170,637
Cisco Systems Inc	COM	17275R102	31,573	801,561	SH		SOLE		155,463	0	646,098
Civeo Corp	COM	17878Y108	11	16,000	SH		SOLE		0	0	16,000
Coca Cola Company	COM	191216100	4,858	98,400	SH		SOLE		10,300	0	88,100
Conocophillips	COM	20825C104	8,776	267,244	SH		SOLE		56,495	0	210,749
Cracker Barrel	COM	22410J106	5,527	48,200	SH		SOLE		4,800	0	43,400
CSG Systems International, Inc	COM	126349109	295	7,213	SH		SOLE		12	0	7,201
Darden Restaurants Inc	COM	237194105	5,430	53,900	SH		SOLE		4,900	0	49,000
Deere Co	COM	244199105	8,754	39,500	SH		SOLE		5,600	0	33,900
Dolby Laboratories, Inc CL A	COM	25659T107	7,535	113,688	SH		SOLE		26,784	0	86,904
Dollar General Corp	COM	256677105	14,221	67,844	SH		SOLE		24,451	0	43,393
Domino's Pizza Group plc	COM	G28113101	2,255	477,806	SH		SOLE		776	0	477,030
Duke Energy Corp New	COM	26441C204	21,146	238,771	SH		SOLE		23,800	0	214,971
Eaton Corp	COM	G29183103	3,898	38,200	SH		SOLE		3,900	0	34,300
Emerson Elec Co	COM	291011104	5,901	90,000	SH		SOLE		14,800	0	75,200
Exxon Mobil Corp	COM	30231G102	15,369	447,692	SH		SOLE		65,990	0	381,702
Facebook Inc	COM	30303M102	5,321	20,315	SH		SOLE		0	0	20,315
Fifth Third Bancorp	COM	316773100	8,768	411,270	SH		SOLE		47,300	0	363,970
FLIR Systems, Inc	COM	302445101	579	16,144	SH		SOLE		26	0	16,118
Flowers Foods, Inc	COM	343498101	338	13,882	SH		SOLE		13,882	0	0
Fluor Corp New Del Com	COM	343412102	1,619	183,771	SH		SOLE		264	0	183,507
Frontdoor Inc	COM	35905A109	2,576	66,209	SH		SOLE		98	0	66,111
Generac	COM	368736104	2,292	11,837	SH		SOLE		19	0	11,818
General Dynamics Corp	COM	369550108	8,749	63,200	SH		SOLE		8,200	0	55,000
Genuine Parts Co	COM	372460105	19,910	209,200	SH		SOLE		23,000	0	186,200
Gildan Activewear Inc	COM	375916103	2,065	105,007	SH		SOLE		120	0	104,887
Globe Life Inc	COM	37959E102	9,146	114,473	SH		SOLE		43,538	0	70,935
Google Inc Class A	COM	02079K305	3,254	2,220	SH		SOLE		879	0	1,341
Healthcare Realty TR REIT	COM	421946104	21,857	725,676	SH		SOLE		0	0	725,676
Hexcel Corp	COM	428291108	3,543	105,604	SH		SOLE		26,315	0	79,289
Intel Corp	COM	458140100	27,768	536,274	SH		SOLE		107,190	0	429,084
Intl Flavors & Fragrance	COM	459506101	3,307	27,003	SH		SOLE		9,777	0	17,226
IShares S&P 100	ISHARE	464287101	302	1,938	SH		SOLE		0	0	1,938
Jefferies Financial Group Inc	COM	47233W109	1,541	85,590	SH		SOLE		134	0	85,456
Johnson And Johnson	COM	478160104	36,456	244,869	SH		SOLE		52,730	0	192,139
JP Morgan Chase & Co	COM	46625H100	13,363	138,803	SH		SOLE		13,800	0	125,003
Kimberly Clark Corp	COM	494368103	4,508	30,530	SH		SOLE		4,000	0	26,530
Kroger Co	COM	501044101	28,674	845,598	SH		SOLE		187,283	0	658,315
Lab Corp Of Amer	COM	50540R409	12,059	64,050	SH		SOLE		23,985	0	40,065
Lockheed Martin Corp	COM	539830109	15,101	39,400	SH		SOLE		5,400	0	34,000
Mastercard	COM	57636Q104	3,135	9,269	SH		SOLE		3,458	0	5,811
Mcdonalds Corp Com	COM	580135101	8,648	39,400	SH		SOLE		5,000	0	34,400
Medtronic Inc	COM	G5960L103	39,692	381,944	SH		SOLE		69,130	0	312,814
Merck & Company, Inc	COM	58933Y105	22,970	276,915	SH		SOLE		30,400	0	246,515
Microsoft Corp	COM	594918104	19,884	94,539	SH		SOLE		18,426	0	76,113
Mosaic Company	COM	61945C103	6,433	352,109	SH		SOLE		93,389	0	258,720
MSC Industrial	COM	553530106	2,982	47,124	SH		SOLE		16,780	0	30,344
Murphy Oil Corp	COM	626717102	2,458	275,575	SH		SOLE		87,900	0	187,675
Mycelx Technologies Corp	COM	62847T202	4	10,360	SH		SOLE		0	0	10,360
National Beverage Corp	COM	635017106	380	5,581	SH		SOLE		9	0	5,572
National Research Corporation	COM	637372202	2,274	46,219	SH		SOLE		71	0	46,148
Nordstrom Inc	COM	655664100	4,432	371,800	SH		SOLE		41,500	0	330,300
Occidental Petrol Corp	COM	674599162	42	14,086	SH		SOLE		5,270	0	8,816
Occidental Petroleum Corp	COM	674599105	1,128	112,677	SH		SOLE		42,194	0	70,483
Patriot Transportation	COM	70338W105	2,022	225,975	SH		SOLE		334	0	225,641
Paychex Inc	COM	704326107	25,179	315,647	SH		SOLE		43,993	0	271,654
Pepsico Inc	COM	713448108	33,647	242,765	SH		SOLE		40,734	0	202,031
Pfizer Inc	COM	717081103	37,588	1,024,204	SH		SOLE		166,965	0	857,239
Price T Rowe Group Inc	COM	74144T108	16,592	129,400	SH		SOLE		12,200	0	117,200
Procter & Gamble Co	COM	742718109	2,043	14,700	SH		SOLE		4,400	0	10,300
Pulse Seismic Inc	COM	74586Q109	1,217	2,227,219	SH		SOLE		3,247	0	2,223,972
Puresafe Water Systems Inc	COM	74624H103	0	14,000	SH		SOLE		0	0	14,000
Quest Diagnostics, Inc.	COM	74834L100	22,131	193,300	SH		SOLE		18,000	0	175,300
Ralph Lauren Corp	COM	751212101	3,497	51,453	SH		SOLE		19,552	0	31,901
Raytheon Technologies Corp	COM	75513E101	7,993	138,907	SH		SOLE		13,700	0	125,207
Reinsurance Group America	COM	759351604	5,213	54,767	SH		SOLE		21,530	0	33,237
Rogers Communications	COM	775109200	5,855	147,667	SH		SOLE		55,525	0	92,142
Ross Stores Inc	COM	778296103	1,236	13,240	SH		SOLE		5,248	0	7,992
Royal Bank of Canada	COM	780087102	12,359	176,200	SH		SOLE		15,400	0	160,800
Royal Dutch Shell	COM	780259206	9,608	381,723	SH		SOLE		78,150	0	303,573
Sanofi-Aventis	SPONSORED ADR	80105N105	903	18,000	SH		SOLE		6,900	0	11,100
Seaboard Corp	COM	811543107	2,323	819	SH		SOLE		1	0	818
Southern Company	COM	842587107	18,810	346,915	SH		SOLE		39,600	0	307,315
Spdr S P Oil Gas Explor	COM	78468R556	643	15,293	SH		SOLE		20	0	15,273
Sterling Construction	COM	859241101	2,325	164,192	SH		SOLE		239	0	163,953
Sysco Corporation	COM	871829107	12,923	207,700	SH		SOLE		20,300	0	187,400
Target Corp Com	COM	87612E106	24,683	156,800	SH		SOLE		15,700	0	141,100
Texas Instruments Inc	COM	882508104	23,173	162,288	SH		SOLE		28,087	0	134,201
Total SA	SPONSORED ADR	89151E109	4,793	139,735	SH		SOLE		15,000	0	124,735
Tractor Supply Co	COM	892356106	11,223	78,297	SH		SOLE		23,261	0	55,036
Travelers Cos Inc	COM	89417E109	14,353	132,664	SH		SOLE		12,800	0	119,864
Truist Financial Corp	COM	89832Q109	12,935	339,948	SH		SOLE		28,600	0	311,348
United Parcel Service	COM	911312106	7,765	46,600	SH		SOLE		7,400	0	39,200
Us Bancorp (new)	COM	902973304	17,610	491,200	SH		SOLE		46,200	0	445,000
Verizon Communications Com	COM	92343V104	32,531	546,837	SH		SOLE		77,801	0	469,036
VSE Corp	COM	918284100	3,180	103,798	SH		SOLE		146	0	103,652
Waste Management Inc New	COM	94106L109	3,712	32,800	SH		SOLE		5,100	0	27,700
Wells Fargo & Co New Del	COM	949746101	3,043	129,422	SH		SOLE		10,900	0	118,522
Wiley John & Sons Cl A	COM	968223206	3,412	107,607	SH		SOLE		45,110	0	62,497
Wisdomtree Total Div Fund	US TOTAL DIVIDEND	97717W109	308	3,283	SH		SOLE		0	0	3,283