Waters Parkerson & Co. LLC
Waters, Parkerson & Co., LLC is an established, independent, employee-owned Registered Investment Adviser headquartered in New Orleans, Louisiana. Originally founded in 1933, the firm specializes in fee-only investment advisory and financial planning services to a diverse client base, including individuals, high net worth families, pension plans, and charitable organizations. With decades of experience and a team of advisors acting as fiduciaries, the firm is committed to providing fundamentally sound investment advice and personalized attention in a transparent, long-term relationship-driven model. It serves clients mainly in the United States and currently employs approximately 20-25 professionals.
Investment Strategy
Waters, Parkerson & Co., LLC employs a conservative, long-term investment strategy focused on diversification and capital preservation. Client portfolios are actively managed and typically comprise individual stocks and bonds, structured to fit each client's financial objectives. Their equity strategy emphasizes bottom-up selection of undervalued, large-cap companies with strong fundamentals, prioritizing capital appreciation and dividend income. The fixed income approach favors maximum current income and safety of principal through diversified holdings, staggered maturities, and careful analysis of yield spreads and credit ratings. All strategies are tailored in close collaboration with clients and adhere to a fiduciary duty, with tax efficiency and risk management as key principles.
Top Holdings
Equity Positions (183)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M META | META PLATFORMS INC | 5.74% | $115.2M | 156,023 | $81.78 | $738.09 | +$24.4M |
M MSFT | MICROSOFT CORP | 5.36% | $107.4M | 215,832 | $61.25 | $497.41 | +$26.3M |
V V | VISA INC | 5.34% | $107.1M | 301,714 | $29.80 | $355.05 | +$79.1K |
J JPM | JPMORGAN CHASE & CO. | 5.08% | $101.9M | 351,321 | $52.47 | $289.91 | +$14.7M |
H HD | HOME DEPOT INC | 3.51% | $70.4M | 192,099 | $45.87 | $366.64 | -$100.6K |