WATERS PARKERSON & CO., LLC

CIK 1222993 · View on SEC EDGAR ↗

Portfolio value
$2.0B
#1,500 of 9,443 by 13F value · top 15.9%
Positions
200
As of
June 30, 2026

Portfolio value QoQ: +4.2% 13F does not disclose cash

Top 10 holdings weight
42.47%
Top 25 holdings weight
70.08%
Positions above 1%
30
Effective number of positions
38.2

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.31% Est. buys $45,808,152 · sells $90,511,975

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 89.3% still held

New positions
16
Increased
53
Decreased
72
Closed
4
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+12.7%
S&P 500 total return (same window)
+28.1%
Excess return
-15.4%

Annualized: +8.3% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 94.8% · Options excluded: 0.0%

Sector breakdown

Industrials
20.6%
Technology
12.2%
Financials
11.4%
Healthcare
11.2%
Retail
6.9%
Energy
6.5%
Communication Services
6.1%
Consumer Staples
5.7%
Financial Services
5.4%
Consumer products
1.9%
Real Estate
1.9%
Utilities
1.2%
Consumer Discretionary
1.1%
Telecommunication
0.6%
Materials
0.2%
Logistics & Transportation
0.1%
Communications
0.1%
Other/Unmapped
6.9%

Full portfolio 200 positions

Type Streak 8Q trend
COHR Coherent Corp. Common Stock $124,961,390 6.16% 316,783 $26,486,329 Down ×4
JPM JP Morgan Chase & Co. Common Stock $108,127,762 5.33% 330,333 $8,512,076 Down ×6
V Visa Inc. $101,701,602 5.02% 296,428 $10,824,680 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $85,243,416 4.20% 151,331 $-2,597,496 Down ×1
ROK Rockwell Automation, Inc. Common Stock $80,478,018 3.97% 162,556 $20,493,529 Down ×4
MSFT Microsoft Corporation - Common Stock $79,580,146 3.92% 213,340 $1,094,522 Up ×1
TMO Thermo Fisher Scientific Inc Common Stock $78,074,115 3.85% 155,725 $524,613 Down ×3
XOM Exxon Mobil Corporation Common Stock $73,714,775 3.64% 539,166 $-18,303,209 Down ×3
HD Home Depot, Inc. (The) Common Stock $66,125,633 3.26% 187,495 $2,999,241 Down ×1
BAC Bank of America Corporation Common Stock $63,088,236 3.11% 1,107,200 $8,025,859 Down ×4
PM Philip Morris International Inc Common Stock $58,832,423 2.90% 325,203 $4,816,560 Down ×2
CVX Chevron Corporation Common Stock $48,797,876 2.41% 294,389 $-13,078,201 Down ×3
MRK Merck & Company, Inc. Common Stock (new) $44,327,582 2.19% 344,962 $2,036,417 Down ×2
ABT Abbott Laboratories Common Stock $43,368,240 2.14% 477,940 $-4,102,015 Up ×2
AAPL Apple Inc. - Common Stock $42,771,207 2.11% 147,813 $3,664,515 Down ×4
AMZN Amazon.com, Inc. - Common Stock $42,652,548 2.10% 178,957 $6,046,738 Up ×6
IWM $36,245,387 1.79% 120,637 $7,922,299 Up ×3
PG Procter & Gamble Company (The) Common Stock $36,207,077 1.79% 246,911 $1,146,098 Up ×3
WM Waste Management, Inc. Common Stock $34,064,146 1.68% 152,836 $-1,196,271 Down ×1
AFL AFLAC Incorporated Common Stock $30,011,392 1.48% 255,961 $1,690,886 Down ×6
J Jacobs Solutions Inc. Common Stock $29,917,818 1.48% 237,443 $267,178 Up ×6
BDC Belden Inc Common Stock $28,721,323 1.42% 239,524 $2,310,079 Up ×6
PEP PepsiCo, Inc. - Common Stock $28,271,822 1.39% 208,802 $-4,571,117 Down ×1
JNJ Johnson & Johnson Common Stock $27,818,036 1.37% 109,533 $899,627 Down ×6
NSC Norfolk Southern Corporation Common Stock $27,737,400 1.37% 88,170 $2,146,184 Down ×6
MCHP Microchip Technology Incorporated - Common Stock $26,559,446 1.31% 291,222 $7,356,579 Down ×6
ACN Accenture plc Class A Ordinary Shares (Ireland) $26,519,035 1.31% 213,107 $-14,968,983 Up ×2
O Realty Income Corporation Common Stock $25,497,475 1.26% 411,515 $-296,629 Down ×2
DIS Walt Disney Company (The) Common Stock $23,949,592 1.18% 248,827 $-624,603 Down ×1
ORCL Oracle Corporation Common Stock $23,490,939 1.16% 160,293 $-166,997 Down ×6
BAH Booz Allen Hamilton Holding Corporation Common Stock $19,618,130 0.97% 323,358 $-6,730,494 Down ×2
RYAN Ryan Specialty Holdings, Inc. Class A Common Stock $19,186,649 0.95% 508,121 $1,299,354 Down ×1
POOL Pool Corporation - Common Stock $18,528,463 0.91% 86,219 $856,556 Down ×1
CACI CACI International, Inc. Class A Common Stock $18,479,905 0.91% 39,891 $4,034,174 Up ×1
AEP American Electric Power Company, Inc. - Common Stock $17,532,208 0.86% 128,150 $6,262,601 Up ×6
IBM International Business Machines Corporation Common Stock $17,088,200 0.84% 60,767 $2,359,083 Up ×1
CBZ CBIZ, Inc. Common Stock $16,543,881 0.82% 515,707 $2,500,203 Down ×1
KO Coca-Cola Company (The) Common Stock $16,187,226 0.80% 199,178 $980,392 Down ×6
WMT Walmart Inc. - Common Stock $15,949,953 0.79% 140,826 $-1,607,828 Down ×6
EFA $15,923,035 0.79% 153,283 $1,322,359 Up ×4
NVDA NVIDIA Corporation - Common Stock $14,485,002 0.71% 72,392 $1,973,299 Up ×1
LLY Eli Lilly and Company Common Stock $12,794,320 0.63% 10,667 $2,977,615 Down ×5
LOW Lowe's Companies, Inc. Common Stock $12,377,427 0.61% 56,136 $-853,308 Up ×1
VZ Verizon Communications Inc. Common Stock $10,791,831 0.53% 254,885 $-3,495,390 Down ×5
BSX Boston Scientific Corporation Common Stock $9,999,412 0.49% 234,288 $-8,522,945 Down ×1
SPG Simon Property Group, Inc. Common Stock $9,609,122 0.47% 42,965 $1,479,212 Down ×3
GOOG Alphabet Inc. - Class C Capital Stock $8,573,105 0.42% 24,264 $1,674,075 Up ×1
MDLZ Mondelez International, Inc. - Class A Common Stock $8,427,114 0.42% 145,697 $411,062 Up ×2
VOO $8,413,548 0.41% 12,250 $1,452,741 Up ×3
IVV $7,801,397 0.38% 10,417 $465,012 Down ×4
VWO $7,238,625 0.36% 121,270 $772,282 Up ×3
CARR Carrier Global Corporation Common Stock $7,135,195 0.35% 97,276 $1,822,290 Up ×3
DCI Donaldson Company, Inc. Common Stock $7,046,765 0.35% 78,498 $308,257 Down ×6
AMAT Applied Materials, Inc. - Common Stock $6,582,915 0.32% 9,105 $3,394,014 Down ×6
Unknown issuer (CUSIP: 438516205) $6,301,218 0.31% 28,143 Up ×1
Unknown issuer (CUSIP: 43849R105) $6,221,854 0.31% 28,143 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $5,543,490 0.27% 15,512 $1,084,117 Up ×2
SPY SPY $5,516,703 0.27% 7,387 $698,760 Down ×3
TSEM Tower Semiconductor Ltd. - Ordinary Shares $5,222,704 0.26% 20,038 $1,209,827 Down ×6
VEA $5,021,932 0.25% 70,483 $677,800 Up ×4
BRKB $4,961,367 0.24% 9,915 $258,019 Up ×1
DVN Devon Energy Corporation Common Stock $4,725,314 0.23% 114,359 $-1,211,138 Down ×5
RTX RTX Corporation Common Stock $4,400,408 0.22% 23,193 $-918,038 Down ×2
FHN First Horizon Corporation Common Stock $4,092,631 0.20% 159,619 $436,100 Down ×1
QQQ Invesco QQQ Trust, Series 1 $3,673,348 0.18% 4,988 $765,370 Down ×3
EEM $3,514,006 0.17% 51,367 $473,933 Down ×1
BA Boeing Company (The) Common Stock $3,147,257 0.16% 14,539 $253,560
SO Southern Company (The) Common Stock $3,143,116 0.16% 32,840 $-206,128 Down ×1
CPT Camden Property Trust Common Stock $3,061,005 0.15% 26,736 $406,020 Down ×2
VB $2,994,561 0.15% 9,879 $321,372 Down ×1
Unknown issuer (CUSIP: 26614N201) $2,911,422 0.14% 21,464 Up ×1
VNQ $2,531,808 0.12% 26,255 $213,066 Up ×1
HWC Hancock Whitney Corporation - Common Stock $2,486,798 0.12% 33,282 $314,974 Down ×1
UPS United Parcel Service, Inc. Common Stock $2,437,725 0.12% 22,677 $143,159 Down ×6
PFE Pfizer, Inc. Common Stock $2,331,951 0.12% 96,842 $-445,634 Down ×6
TSLA Tesla, Inc. - Common Stock $2,293,297 0.11% 5,452 $266,452
FBIN Fortune Brands Innovations, Inc. Common Stock $2,199,953 0.11% 40,072 $-115,372 Down ×6
IWR $2,103,247 0.10% 19,065 $249,561
MO Altria Group, Inc. $2,014,888 0.10% 28,004 $31,625 Down ×2
SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) $2,008,782 0.10% 25,906 $-414,463 Down ×2
EMR Emerson Electric Company Common Stock $1,829,171 0.09% 12,778 $154,997
MMM 3M Company Common Stock $1,754,314 0.09% 10,835 $180,736
GS Goldman Sachs Group, Inc. (The) Common Stock $1,735,526 0.09% 1,716 $283,799
T AT&T Inc. $1,707,233 0.08% 82,475 $-683,717
GIS General Mills, Inc. Common Stock $1,690,132 0.08% 48,567 $-4,116,188 Down ×6
BX Blackstone Inc. Common Stock $1,673,032 0.08% 14,218 $11,886 Down ×1
LNC Lincoln National Corporation Common Stock $1,556,567 0.08% 44,033 $-80,800 Down ×3
CAT Caterpillar, Inc. Common Stock $1,531,326 0.08% 1,438 $477,138 Down ×1
AMGN Amgen Inc. - Common Stock $1,498,090 0.07% 4,137 $42,487
BRKA $1,497,700 0.07% 2 $779,560 Up ×1
PPG PPG Industries, Inc. Common Stock $1,469,671 0.07% 12,117 $174,606
GE GE Aerospace Common Stock $1,460,771 0.07% 3,909 $352,047 Up ×1
TXN Texas Instruments Incorporated - Common Stock $1,454,284 0.07% 4,879 $507,075
ABBV AbbVie Inc. Common Stock $1,439,129 0.07% 5,719 $351,896 Up ×1
ETN Eaton Corporation, PLC Ordinary Shares $1,350,800 0.07% 3,170 $216,986
IWB $1,273,349 0.06% 3,110 $150,356 Down ×1
PANW Palo Alto Networks, Inc. - Common Stock $1,272,005 0.06% 3,730 $802,267 Up ×1
D Dominion Energy, Inc. Common Stock $1,243,798 0.06% 18,213 $117,841
RF Regions Financial Corporation Common Stock $1,220,845 0.06% 40,425 $164,935
COST Costco Wholesale Corporation - Common Stock $1,215,176 0.06% 1,299 $-104,097 Down ×2

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
AMZN $42,652,548 2.10% up ×6
IWM $36,245,387 1.79% up ×3
PG $36,207,077 1.79% up ×3
J $29,917,818 1.48% up ×6
BDC $28,721,323 1.42% up ×6
AEP $17,532,208 0.86% up ×6
EFA $15,923,035 0.79% up ×4
VOO $8,413,548 0.41% up ×3
VWO $7,238,625 0.36% up ×3
CARR $7,135,195 0.35% up ×3
VEA $5,021,932 0.25% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 438516205) $6,301,218 28,143 0.31%
Unknown issuer (CUSIP: 43849R105) $6,221,854 28,143 0.31%
Unknown issuer (CUSIP: 26614N201) $2,911,422 21,464 0.14%
TRMB $509,753 9,960 0.03%
Unknown issuer (CUSIP: 84615Q103) $440,477 2,578 0.02%
MU $438,630 380 0.02%
GLW $363,477 1,423 0.02%
INTC $308,862 2,212 0.02%
VBK $237,782 650 0.01%
LGND $230,746 730 0.01%
IWN $221,200 1,000 0.01%
MRVL $210,608 707 0.01%
VOT $207,789 678 0.01%
BIIB $205,473 951 0.01%
CPRT $202,968 7,200 0.01%

Top movers (QoQ)

Security Action Shares Δ Value Δ
COHR Trimmed -97K +$26.5M
ROK Trimmed -5K +$20.5M
XOM Trimmed -3K -$18.3M
ACN Bought more +4K -$15.0M
CVX Trimmed -5K -$13.1M
V Trimmed -4K +$10.8M
BSX Trimmed -61K -$8.5M
JPM Trimmed -8K +$8.5M
BAC Trimmed -22K +$8.0M
IWM Bought more +6K +$7.9M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
DXCM Dec. 31, 2025 354,452 $23,851,075 37.2%
HON June 30, 2026 62,097 $14,035,785 -1.2%
CPAY Sept. 30, 2025 31,260 $10,372,693 42.1%
IVW March 31, 2026 44,750 $5,515,885 No longer tracked
Q March 31, 2026 42,534 $3,472,901 9.9%
DD June 30, 2026 73,509 $3,366,712 3.0%
RPC Sept. 30, 2025 200,001 $2,044,010 -20.0%
GM Sept. 30, 2025 12,560 $618,078 38.1%
SPYG March 31, 2026 5,534 $590,478 No longer tracked
DFS June 30, 2025 2,966 $506,296 No longer tracked
NEM Sept. 30, 2025 6,130 $357,134 50.5%
ZTS March 31, 2026 2,800 $352,296 -35.9%
NKE Dec. 31, 2025 4,969 $346,488 -36.3%
F March 31, 2025 31,050 $307,395 39.4%
SCHG June 30, 2025 11,337 $283,870 No longer tracked
VOT March 31, 2026 976 $272,479 No longer tracked
VBK March 31, 2026 899 $271,539 No longer tracked
STEL March 31, 2026 8,000 $247,520 No longer tracked
LMT March 31, 2025 507 $246,372 30.6%
STZ March 31, 2025 1,060 $234,260 -27.9%
COP June 30, 2025 2,197 $230,729 50.3%
UBER March 31, 2026 2,775 $226,745 10.8%
VRTX Sept. 30, 2025 489 $217,703 38.9%
ADSK March 31, 2026 735 $217,567 5.9%
ADSK March 31, 2025 735 $217,244 -3.2%
SCHF June 30, 2025 10,777 $213,159 No longer tracked
LMT June 30, 2026 342 $206,701 14.5%
FDX June 30, 2026 580 $206,584 4.0%
ALEX March 31, 2026 10,000 $206,400 No longer tracked
VG Dec. 31, 2025 10,350 $146,867 111.3%