13F-HR 1 form13f123108lw.txt FORM 13F AS OF DECEMBER 31, 2008 FORM 13F INFORMATION TABLE LINSCOMB & WILLIAMS SECURITIES AND EXCHANGE COMMISSION FORM 13F AS OF 12/31/2008 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMEX Financial Sel Sector SPDR MF 81369Y605 175 14000.000SH SOLE 14000.000 Market Vectors ETF Trust MF 57060U605 355 12750.000SH SOLE 12750.000 MidCap SPDR Trust MF 595635103 11860 122067.396SH SOLE 122067.396 Powershares QQQ Trust Ser 1 MF 73935A104 624 20989.160SH SOLE 20989.160 SPDR Trust Ser 1 MF 78462F103 2840 31473.114SH SOLE 31473.114 Vanguard Ext Mkt ETF MF 922908652 16358 517812.648SH SOLE 517812.648 Vanguard Mid Cap Index ETF MF 922908629 602 13924.000SH SOLE 13924.000 Vanguard REIT Index ETF MF 922908553 501 13734.805SH SOLE 13734.805 Vanguard Total Stock Index MF 922908769 57374 1282380.700SH SOLE 1282380.700 WisdomTree DEFA High Yield Equ MF 97717W802 5127 150386.259SH SOLE 150386.259 WisdomTree Dividend Top 100 MF 97717W406 249 7293.552 SH SOLE 7293.552 WisdomTree Emerging Mkts H/Y E MF 97717w315 2172 66736.056SH SOLE 66736.056 WisdomTree High Yield Equity MF 97717W208 15130 491721.899SH SOLE 491721.899 WisdomTree Intl Small Cap Div MF 97717w760 587 17441.000SH SOLE 17441.000 WisdomTree Large Cap Dividend MF 97717w307 6868 188981.610SH SOLE 188981.610 WisdomTree Mid Cap Dividend MF 97717W505 5817 172673.949SH SOLE 172673.949 WisdomTree Small Cap Dividend MF 97717w604 427 12861.351SH SOLE 12861.351 WisdomTree Total Dividend MF 97717W109 353 9900.938 SH SOLE 9900.938 iShares Asia Pacific Ex Japan MF 464286665 1113 42254.693SH SOLE 42254.693 iShares Cohen & Steers Realty MF 464287564 208 4710.000 SH SOLE 4710.000 iShares DJ Sel Dividend MF 464287168 6297 152512.807SH SOLE 152512.807 iShares DJ US Oil Equip & Svc MF 464288844 613 23100.000SH SOLE 23100.000 iShares MSCI EAFE Index MF 464287465 2434 54248.886SH SOLE 54248.886 iShares S&P 100 Index MF 464287101 2018 46718.079SH SOLE 46718.079 iShares S&P 500 Index MF 464287200 20659 228758.066SH SOLE 228758.066 iShares S&P 500 Value Index MF 464287408 2379 52656.714SH SOLE 52656.714 iShares S&P Europe 350 Index MF 464287861 312 10024.000SH SOLE 10024.000 iShares S&P MidCap 400 Growth MF 464287606 228 4114.145 SH SOLE 4114.145 iShares S&P Midcap 400 Index MF 464287507 19324 362338.368SH SOLE 362338.368 3M Company COM 88579Y101 277 4820.125 SH SOLE 4820.125 AT&T Inc New COM 00206R102 842 29550.829SH SOLE 29550.829 Abbott Laboratories COM 002824100 419 7851.261 SH SOLE 7851.261 Allegiance Bk of Texas *Privat COM 01748D106 100 10000.000SH SOLE 10000.000 Amelot Holdings COM 023475106 0 999999.000SH SOLE 999999.000 American Express COM 025816109 200 10768.828SH SOLE 10768.828 Amgen COM 031162100 252 4359.000 SH SOLE 4359.000 Apple Inc COM 037833100 202 2370.000 SH SOLE 2370.000 BP PLC - Spons ADR COM 055622104 269 5753.777 SH SOLE 5753.777 Bank of America Corp COM 060505104 422 29975.419SH SOLE 29975.419 Berkshire Hathaway Class B COM 084670207 1122 349.000 SH SOLE 349.000 Blyth COM 09643P108 126 16050.404SH SOLE 16050.404 Camden Property Trust COM 133131102 542 17303.878SH SOLE 17303.878 Centerpoint Energy Inc COM 15189T107 144 11426.116SH SOLE 11426.116 Chevron Corp COM 166764100 2245 30347.621SH SOLE 30347.621 Cisco Systems Inc COM 17275R102 542 33221.000SH SOLE 33221.000 Citigroup COM 172967101 92 13648.764SH SOLE 13648.764 Coca-Cola Company COM 191216100 713 15758.217SH SOLE 15758.217 Comcast Corp - Special Cl A COM 20030N200 216 13400.000SH SOLE 13400.000 ConocoPhillips COM 20825C104 1064 20532.949SH SOLE 20532.949 Covidien Ltd COM G2522X108 224 6180.198 SH SOLE 6180.198 Cullen Frost Bankers COM 229899109 633 12487.000SH SOLE 12487.000 Dell Inc COM 24702R101 219 21356.000SH SOLE 21356.000 Devon Energy Corp COM 25179M103 212 3232.991 SH SOLE 3232.991 Dominion Resources Inc/VA New COM 25746U109 205 5718.000 SH SOLE 5718.000 Du Pont E. I. De Nemours & Co. COM 263534109 302 11939.924SH SOLE 11939.924 EMC Corporation COM 268648102 359 34250.000SH SOLE 34250.000 Echelon Corp COM 27874N105 137 16820.000SH SOLE 16820.000 Encore Acquisition Co COM 29255W100 771 30225.000SH SOLE 30225.000 Encore Bancshares COM 29255V201 379 34410.000SH SOLE 34410.000 EnerVest Diversified Income Tr COM 292963105 36 16000.000SH SOLE 16000.000 Entergy Corp New COM 29364G103 212 2550.000 SH SOLE 2550.000 Enterprise Products Partners L COM 293792107 294 14172.615SH SOLE 14172.615 Exelon Corp COM 30161N101 256 4601.502 SH SOLE 4601.502 Exxon Mobil Corp COM 30231G102 52940 663162.097SH SOLE 663162.097 FPL Group Inc. COM 302571104 210 4164.497 SH SOLE 4164.497 Fluor Corp New COM 343412102 225 5009.000 SH SOLE 5009.000 General Dynamics Corp COM 369550108 217 3760.757 SH SOLE 3760.757 General Electric COM 369604103 1569 96822.462SH SOLE 96822.462 General Mills Inc. COM 370334104 254 4178.401 SH SOLE 4178.401 Georgia Gulf Corp COM 373200203 21 20000.000SH SOLE 20000.000 Google - A COM 38259P508 323 1050.000 SH SOLE 1050.000 Halliburton Company COM 406216101 959 52769.302SH SOLE 52769.302 Hewlett Packard COM 428236103 294 8113.186 SH SOLE 8113.186 Home Depot COM 437076102 258 11194.688SH SOLE 11194.688 Hovnanian Enterprises COM 442487203 172 100250.000SH SOLE 100250.000 Intel Corp. COM 458140100 299 20410.046SH SOLE 20410.046 International Business Machine COM 459200101 315 3746.603 SH SOLE 3746.603 Intl Bancshares Corp Laredo TX COM 459044103 638 29232.000SH SOLE 29232.000 J P Morgan Chase & Co COM 46625H100 545 17283.908SH SOLE 17283.908 Jacobs Engineering Group Inc COM 469814107 218 4524.000 SH SOLE 4524.000 Johnson & Johnson COM 478160104 1182 19751.546SH SOLE 19751.546 Kinder Morgan Energy Partners COM 494550106 258 5639.809 SH SOLE 5639.809 Luminex Corp COM 55027E102 239 11173.000SH SOLE 11173.000 McDermott International Corp. COM 580037109 103 10424.000SH SOLE 10424.000 McDonald's COM 580135101 379 6093.367 SH SOLE 6093.367 Medtronic Inc COM 585055106 239 7599.946 SH SOLE 7599.946 Merck & Co. Inc. COM 589331107 367 12066.987SH SOLE 12066.987 Microsoft Inc COM 594918104 590 30365.462SH SOLE 30365.462 Monsanto Co New COM 61166W101 1209 17183.500SH SOLE 17183.500 NEC Corp COM 629050204 0 11975.000SH SOLE 11975.000 Nokia Corp Spons ADR COM 654902204 478 30615.000SH SOLE 30615.000 Occidental Petroleum COM 674599105 13802 230077.000SH SOLE 230077.000 Pembina Pipeline Inc Tr Uts COM 706329109 123 10000.000SH SOLE 10000.000 Pepsico, Inc. COM 713448108 394 7199.747 SH SOLE 7199.747 Pfizer Inc. COM 717081103 641 36209.882SH SOLE 36209.882 Philip Morris International COM 718172109 352 8089.000 SH SOLE 8089.000 Plains All American Pipeline L COM 726503105 247 7113.746 SH SOLE 7113.746 PowerShares Global Water COM 73935X575 194 13500.000SH SOLE 13500.000 Procter & Gamble COM 742718109 922 14917.642SH SOLE 14917.642 Public Storage Inc COM 74460D109 788 9916.000 SH SOLE 9916.000 Qualcomm Inc COM 747525103 231 6453.000 SH SOLE 6453.000 Reliant Energy COM 75952B105 405 70105.000SH SOLE 70105.000 Schlumberger Ltd. COM 806857108 694 16398.980SH SOLE 16398.980 Seacor Holdings Inc COM 811904101 220 3304.000 SH SOLE 3304.000 Smart Tek Solutions COM 83172A105 0 12000.000SH SOLE 12000.000 Southern Company COM 842587107 280 7565.160 SH SOLE 7565.160 Southwest Airlines COM 844741108 1112 129035.122SH SOLE 129035.122 Sulphco Inc COM 865378103 84 88860.000SH SOLE 88860.000 Sustainable Power Corp COM 869327106 0 13000.000SH SOLE 13000.000 Sysco Corp COM 871829107 284 12369.086SH SOLE 12369.086 Teppco Partners L.P. COM 872384102 360 18418.580SH SOLE 18418.580 Tortoise Capital Resources COM 89147N304 244 54912.888SH SOLE 54912.888 Tortoise Energy Infrastructure COM 89147L100 2755 162325.684SH SOLE 162325.684 Total S A Sponsored ADR COM 89151e109 222 4021.606 SH SOLE 4021.606 United Technologies COM 913017109 416 7759.380 SH SOLE 7759.380 Verizon Communications COM 92343V104 673 19861.208SH SOLE 19861.208 W&T Offshore Inc COM 92922P106 680 47476.357SH SOLE 47476.357 Wal-Mart Stores, Inc. COM 931142103 963 17173.962SH SOLE 17173.962 Walgreen Company COM 931422109 511 20716.415SH SOLE 20716.415 Weingarten Realty Invs (SBI) COM 948741103 597 28857.000SH SOLE 28857.000 Wells Fargo & Company COM 949746101 585 19853.030SH SOLE 19853.030 FINAL TOTALS 290,312 FORM 13F INFORMATION TABLE ENTRY TOTAL 121