WATERS PARKERSON & CO., LLC
Long book
$1.95B
Q1 2026
Positions
188
Top-10 weight
42%
concentration
Last quarter
+7.9%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsWATERS PARKERSON & CO., LLC is a diversified fundamental manager, running a $1.95B US long book across 188 positions.
The portfolio is moderately concentrated (top 10 ≈ 42% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: JPMORGAN CHASE & CO, COHERENT CORP, EXXON MOBIL CORP, VISA INC-CLASS A SHARES, META PLATFORMS INC-CLASS A.
Over the last 9 quarters its long book ran on average 2.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-2.4%
Q2 2024
+7.8%
Q3 2024
-2.4%
Q4 2024
-1.7%
Q1 2025
+6.3%
Q2 2025
+3.9%
Q3 2025
+1.5%
Q4 2025
-3.5%
Q1 2026
+7.9%
Sector allocation
Technology 17%
Other 15%
Financials 12%
Services media 11%
Energy 9%
Healthcare 9%
Consumer discretionary 8%
Industrials 7%
Long book by quarter
What does WATERS PARKERSON own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| JPM JPMORGAN CHASE & CO | Financials | 338.6K | $99.6M | 5.1% | -1.1% |
| COHR COHERENT CORP | Other | 413.4K | $98.5M | 5.1% | -6.8% |
| XOM EXXON MOBIL CORP | Energy | 542.4K | $92.0M | 4.7% | -0.8% |
| V VISA INC-CLASS A SHARES | Services media | 300.7K | $90.9M | 4.7% | +0.5% |
| META META PLATFORMS INC-CLASS A | Technology | 153.5K | $87.8M | 4.5% | +0.1% |
| MSFT MICROSOFT CORP | Technology | 212.0K | $78.5M | 4.0% | -0.5% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 157.8K | $77.5M | 4.0% | -0.2% |
| HD HOME DEPOT INC | Consumer discretionary | 191.9K | $63.1M | 3.2% | +0.4% |
| CVX CHEVRON CORP | Energy | 299.1K | $61.9M | 3.2% | -2.3% |
| ROK ROCKWELL AUTOMATION INC | Other | 167.1K | $60.0M | 3.1% | -0.7% |
| BAC BANK OF AMERICA CORP | Financials | 1.1M | $55.1M | 2.8% | -1.6% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 326.7K | $54.0M | 2.8% | -0.3% |
| ABT ABBOTT LABORATORIES | Healthcare | 462.4K | $47.5M | 2.4% | +0.8% |
| MRK MERCK & CO. INC. | Healthcare | 351.6K | $42.3M | 2.2% | 0.0% |
| ACN ACCENTURE PLC-CL A | Services media | 209.2K | $41.5M | 2.1% | +1.8% |
| AAPL APPLE INC | Technology | 154.1K | $39.1M | 2.0% | -3.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 175.8K | $36.6M | 1.9% | +3.2% |
| WM WASTE MANAGEMENT INC | Utilities | 153.4K | $35.3M | 1.8% | +4.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 242.7K | $35.1M | 1.8% | +3.2% |
| PEP PEPSICO INC | Consumer staples | 211.5K | $32.8M | 1.7% | +0.4% |
| J JACOBS SOLUTIONS INC | Industrials | 233.0K | $29.7M | 1.5% | +3.0% |
| AFL AFLAC INC | Financials | 258.1K | $28.3M | 1.5% | -1.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 110.1K | $26.9M | 1.4% | -1.1% |
| BDC BELDEN INC | Industrials | 230.0K | $26.4M | 1.4% | +0.9% |
| BAH BOOZ ALLEN HAMILTON HOLDINGS | Services media | 337.7K | $26.3M | 1.4% | -0.9% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 89.2K | $25.6M | 1.3% | -0.8% |
| DIS WALT DISNEY CO/THE | Services media | 255.0K | $24.6M | 1.3% | +0.2% |
| ORCL ORACLE CORP | Technology | 160.8K | $23.7M | 1.2% | -1.0% |
| MCHP MICROCHIP TECHNOLOGY INC | Technology | 297.2K | $19.2M | 1.0% | -0.2% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 295.2K | $18.5M | 1.0% | +11.6% |
| RYAN RYAN SPECIALTY HOLDINGS INC | Financials | 530.2K | $17.9M | 0.9% | +2.9% |
| POOL POOL CORP | Consumer discretionary | 87.3K | $17.7M | 0.9% | +5.8% |
| WMT WALMART INC | Consumer discretionary | 141.3K | $17.6M | 0.9% | -2.1% |
| KO COCA-COLA CO/THE | Consumer staples | 200.0K | $15.2M | 0.8% | -0.9% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 60.8K | $14.7M | 0.8% | -1.7% |
| CACI CACI INTERNATIONAL INC -CL A | Technology | 26.6K | $14.4M | 0.7% | New |
| VZ VERIZON COMMUNICATIONS INC | Communications | 284.6K | $14.3M | 0.7% | -5.7% |
| CBZ CBIZ INC | Services media | 523.0K | $14.0M | 0.7% | +19.6% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 62.1K | $14.0M | 0.7% | -4.2% |
| LOW LOWE'S COS INC | Consumer discretionary | 56.0K | $13.2M | 0.7% | -2.3% |
| NVDA NVIDIA CORP | Technology | 71.7K | $12.5M | 0.6% | -6.8% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 86.0K | $11.3M | 0.6% | +144.8% |
| LLY ELI LILLY & CO | Healthcare | 10.7K | $9.8M | 0.5% | -0.5% |
| MDLZ MONDELEZ INTERNATIONAL INC-A | Consumer staples | 139.1K | $8.0M | 0.4% | +0.8% |
| GOOG ALPHABET INC-CL C | Technology | 24.1K | $6.9M | 0.4% | -2.7% |
| DCI DONALDSON CO INC | Industrials | 79.4K | $6.7M | 0.3% | -2.5% |
| DVN DEVON ENERGY CORP | Energy | 118.0K | $5.9M | 0.3% | -8.2% |
| GIS GENERAL MILLS INC | Consumer staples | 156.0K | $5.8M | 0.3% | -10.8% |
| RTX RTX CORP | Industrials | 27.6K | $5.3M | 0.3% | -0.4% |
| CARR CARRIER GLOBAL CORP | Industrials | 94.4K | $5.3M | 0.3% | +28.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 188 | $1.95B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 190 | $2.04B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 28, 2025 | 184 | $2.05B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 185 | $2.00B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 183 | $1.87B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 177 | $1.90B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 192 | $1.97B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 178 | $1.88B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 180 | $1.95B | $K fixed canonical | SEC ↗ |
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