1/100,000 Kinder Morgan Mgmt L cs eke55u103 2 2917350 SH SOLE 2836526 0 80824 3M Co cs 88579y101 1438 10600 SH SOLE 600 0 10000 Abbott Laboratories cs 002824100 944 24520 SH SOLE 0 0 24520 Abbvie Inc cs 00287y109 849 16520 SH SOLE 0 0 16520 Active Power Inc cs 00504w308 46 14000 SH SOLE 14000 0 0 Alcoa Inc cs 013817101 155 12010 SH SOLE 12010 0 0 Altria Group Inc cs 02209s103 328 8750 SH SOLE 8750 0 0 Amgen Inc cs 031162100 1792 14530 SH SOLE 0 0 14530 Apple Inc cs 037833100 11204 20875 SH SOLE 12545 0 8330 Automatic Data Processing Inc cs 053015103 324 4200 SH SOLE 4200 0 0 Babcock & Wilcox Co cs 05615f102 203 6100 SH SOLE 0 0 6100 Bank of America Corporation cs 060505104 197 11446 SH SOLE 11446 0 0 Boeing Co cs 097023105 3950 31475 SH SOLE 29350 0 2125 Cabot Oil & Gas Corp cs 127097103 257 7600 SH SOLE 0 0 7600 Chevron Corp cs 166764100 1780 14967 SH SOLE 13992 0 975 China Everbright Intl Ltd cs y14226107 538 420000 SH SOLE 0 0 420000 Cisco Systems Inc cs 17275r102 797 35560 SH SOLE 510 0 35050 Coca-Cola Co cs 191216100 4023 104062 SH SOLE 102612 0 1450 Dominion Resources Inc VA cs 25746u109 2013 28360 SH SOLE 28360 0 0 Dow Chemical Co cs 260543103 6096 125453 SH SOLE 80803 0 44650 Eldorado Gold Corp cs 284902103 198 35500 SH SOLE 0 0 35500 Enbridge Inc cs 29250n105 273 6000 SH SOLE 0 0 6000 Exelon Corp cs 30161n101 1846 55000 SH SOLE 0 0 55000 Exxon Mobil Corp cs 30231g102 9035 92501 SH SOLE 68726 0 23775 FedEx Corp cs 31428x106 623 4703 SH SOLE 4703 0 0 First Horizon Fractional cs dca517101 0 83143 SH SOLE 83143 0 0 First Horizon Natl Corp cs 320517105 427 34570 SH SOLE 34570 0 0 First Marblehead Corp cs 320771207 249 41180 SH SOLE 41180 0 0 Ford Motor Co cs 345370860 2443 156600 SH SOLE 153625 0 2975 General Electric Co cs 369604103 2558 98801 SH SOLE 14851 0 83950 Genuine Parts Co cs 372460105 417 4800 SH SOLE 4800 0 0 Gilead Sciences Inc cs 375558103 1417 20000 SH SOLE 0 0 20000 Goldman Sachs Group Inc cs 38141g104 1385 8450 SH SOLE 1150 0 7300 Hancock Holding Co cs 410120109 2510 68482 SH SOLE 68482 0 0 Intel Corp cs 458140100 3125 121057 SH SOLE 56257 0 64800 International Business Machine cs 459200101 431 2241 SH SOLE 2241 0 0 Johnson & Johnson cs 478160104 7232 73624 SH SOLE 42246 0 31378 Lakes Entertainment Inc cs 51206p109 209 41752 SH SOLE 41752 0 0 MasterCard Inc Cl A cs 57636q104 344 4600 SH SOLE 4600 0 0 Medifast Inc cs 58470h101 1973 67821 SH SOLE 67821 0 0 Merck & Co Inc cs 58933y105 2063 36338 SH SOLE 2728 0 33610 MGIC Inv Corp WI cs 552848103 183 21500 SH SOLE 21500 0 0 Nestle SA Nom cs h57312649 2876 38250 SH SOLE 4250 0 34000 Novartis AG Namen AKT cs h5820q150 2673 31600 SH SOLE 0 0 31600 Oaktree Cap Group LLC Unit Cl cs 674001201 813 13980 SH SOLE 13980 0 0 Oracle Corp cs 68389x105 3064 74898 SH SOLE 71433 0 3465 Panera Bread Co Cl A cs 69840w108 215 1220 SH SOLE 1220 0 0 Pengrowth Energy Corp cs 70706p104 61 10000 SH SOLE 10000 0 0 PepsiCo Inc cs 713448108 1117 13381 SH SOLE 9881 0 3500 Pfizer Inc cs 717081103 214 6675 SH SOLE 6675 0 0 Philip Morris Intl Inc cs 718172109 4664 56965 SH SOLE 55190 0 1775 Procter & Gamble Co cs 742718109 2535 31449 SH SOLE 30624 0 825 Qualcomm Inc cs 747525103 696 8820 SH SOLE 1820 0 7000 Rentokil Initial 2005 PLC cs g7494g105 164 80000 SH SOLE 80000 0 0 Schwab Charles Corp cs 808513105 455 16650 SH SOLE 16650 0 0 SLM Corp cs 78442p106 233 9500 SH SOLE 9500 0 0 Starbucks Corp cs 855244109 318 4330 SH SOLE 3330 0 1000 SuperValue Inc cs 868536103 171 25000 SH SOLE 25000 0 0 Targa Resources Corp cs 87612g101 110726 1115517 SH SOLE 1113542 0 1975 Tidewater Inc cs 886423102 442 9086 SH SOLE 0 0 9086 Visa Inc Cl A cs 92826c839 3908 18105 SH SOLE 17525 0 580 Wal Mart Stores Inc cs 931142103 4186 54767 SH SOLE 52267 0 2500 Walgreen Co cs 931422109 474 7185 SH SOLE 7185 0 0 Williams Cos Inc cs 969457100 102219 2518960 SH SOLE 2518960 0 0 America Movil SAB de CV Sp ADR ad 02364w105 1405 70680 SH SOLE 0 0 70680 Banco Bilbao Vizcaya Argentari ad 05946k101 1320 109897 SH SOLE 26897 0 83000 Barclays PLC ADR ad 06738e204 920 58625 SH SOLE 0 0 58625 BHP Billiton Ltd Sp ADR ad 088606108 281 4141 SH SOLE 141 0 4000 China Mobile Limited Sp ADR ad 16941m109 1773 38900 SH SOLE 3000 0 35900 Fibria Celulose SA Sp ADR ad 31573a109 476 43000 SH SOLE 0 0 43000 GlaxoSmithKline PLC Sp ADR ad 37733w105 237 4435 SH SOLE 4435 0 0 Honda Motor Ltd American ad 438128308 756 21400 SH SOLE 100 0 21300 HSBC Holdings PLC Sp ADR ad 404280406 1147 22571 SH SOLE 1622 0 20949 Novartis AG Sp ADR ad 66987v109 960 11293 SH SOLE 293 0 11000 PetroChina Co Ltd Sp ADR ad 71646e100 1259 11600 SH SOLE 1300 0 10300 Teva Pharmaceutical Industries ad 881624209 2483 47000 SH SOLE 3000 0 44000 Wilmar Intl Ltd ADR ad 971433107 2545 92500 SH SOLE 0 0 92500 Wipro Ltd Sp ADR ad 97651m109 383 28574 SH SOLE 0 0 28574 Maingate MLP Fund Class I mf 560599201 5671 436225 SH SOLE 436225 0 0 Access Midstream Partners LP ml 00434l109 73353 1274590 SH SOLE 1274590 0 0 Blackstone Group LP ml 09253u108 299 9000 SH SOLE 9000 0 0 Buckeye Partners LP ml 118230101 109269 1455943 SH SOLE 1455943 0 0 Eagle Rock Energy Partners LP ml 26985r104 4235 805055 SH SOLE 805055 0 0 El Paso Pipeline Partners LP ml 283702108 2401 79000 SH SOLE 79000 0 0 Energy Transfer Equity LP ml 29273v100 109670 2345889 SH SOLE 2342289 0 3600 Enlink Midstream LLC Unit Rep ml 29336t100 139950 4123447 SH SOLE 4099847 0 23600 Enlink Midstream Partners LP ml 29336u107 25517 838807 SH SOLE 838807 0 0 Enterprise Prods Partners LP ml 293792107 148352 2138870 SH SOLE 2138870 0 0 Equity Midstream Partners LP ml 26885b100 3687 52418 SH SOLE 52418 0 0 Genesis Energy LP ml 371927104 109583 2021823 SH SOLE 2021823 0 0 KKR & Co LP Del Units ml 48248m102 5352 234315 SH SOLE 231215 0 3100 Magellan Midstream Partners LP ml 559080106 95809 1373799 SH SOLE 1373799 0 0 MarkWest Energy Partners LP ml 570759100 6343 97100 SH SOLE 97100 0 0 MPLX LP ml 55336v100 42077 858885 SH SOLE 858885 0 0 Oiltanking Partners LP ml 678049107 118008 1530387 SH SOLE 1530387 0 0 Phillips 66 Partners LP Rep In ml 718549207 66063 1360155 SH SOLE 1360155 0 0 Plains All American Pipeline L ml 726503105 145200 2634246 SH SOLE 2634246 0 0 Plains Group Hlgs LP A ml 72651a108 38749 1384865 SH SOLE 1384865 0 0 QEP Midstream Partners LP ml 74735r115 47158 2017024 SH SOLE 2017024 0 0 Regency Energy Partners LP ml 75885y107 220 8100 SH SOLE 8100 0 0 Spectra Energy Partners LP ml 84756n109 3084 63000 SH SOLE 63000 0 0 Sunoco Logistics Partners LP ml 86764l108 80321 883814 SH SOLE 883814 0 0 Targa Resources Partners LP ml 87611x105 55937 994255 SH SOLE 994255 0 0 TC Pipelines LP ml 87233q108 1177 24550 SH SOLE 24550 0 0 Tesoro Logistics LP ml 88160t107 64650 1073745 SH SOLE 1073745 0 0 Valero Energy Partners LP Unt ml 91914j102 41613 1051106 SH SOLE 1051106 0 0 Western Gas Equity Partners LP ml 95825r103 107221 2183287 SH SOLE 2182087 0 1200 Western Gas Partners LP ml 958254104 59311 896078 SH SOLE 896078 0 0 Williams Partners LP ml 96950f104 32990 647624 SH SOLE 647624 0 0