13F-HR 1 form13f123109lw.txt FORM 13F AS OF DECEMBER 31, 2009 FORM 13F INFORMATION TABLE LINSCOMB & WILLIAMS SECURITIES AND EXCHANGE COMMISSION FORM 13F AS OF 12/31/2009 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Blackrock Senior High Income P MF 09255T109 943 269343.932SH SOLE 269343.932 Claymore/Zacks Multi-Asset Inc MF 18383M506 2990 166830.700SH SOLE 166830.700 EnerVest Diversified Income Tr MF 292963204 1774 150247.000SH SOLE 150247.000 Market Vectors Agribusiness ET MF 57060U605 1655 37788.000SH SOLE 37788.000 Market Vectors High Yield Muni MF 57060u878 360 11859.931SH SOLE 11859.931 MidCap SPDR Trust MF 595635103 13109 99503.400SH SOLE 99503.400 Oil Service HOLDRS Trust MF 678002106 297 2500.000 SH SOLE 2500.000 PowerShares Financial Pfd Port MF 73935X229 204 12500.000SH SOLE 12500.000 PowerShares Global Water MF 73936t623 225 12413.000SH SOLE 12413.000 PowerShares Water Resources MF 73935X575 838 49702.424SH SOLE 49702.424 Powershares QQQ MF 73935A104 884 19324.686SH SOLE 19324.686 SPDR Barclays Capital High Yie MF 78464A417 5255 135406.001SH SOLE 135406.001 SPDR S&P 500 ETF MF 78462F103 3597 32275.272SH SOLE 32275.272 Tortoise Capital Resources MF 89147N304 615 94378.950SH SOLE 94378.950 Tortoise Energy Infrastructure MF 89147L100 7866 253589.854SH SOLE 253589.854 Vanguard Ext Mkt ETF MF 922908652 17484 406041.271SH SOLE 406041.271 Vanguard Mid Cap Index ETF MF 922908629 1601 26698.476SH SOLE 26698.476 Vanguard REIT Index ETF MF 922908553 2638 58956.625SH SOLE 58956.625 Vanguard Total Stock Market In MF 922908769 58080 1030326.415SH SOLE 1030326.415 WisdomTree DEFA Equity Income MF 97717W802 1758 40425.100SH SOLE 40425.100 WisdomTree Dividend ex-Financi MF 97717W406 345 8411.559 SH SOLE 8411.559 WisdomTree Emerging Mkts Equit MF 97717w315 4119 82858.683SH SOLE 82858.683 WisdomTree Equity Income MF 97717W208 13597 393315.121SH SOLE 393315.121 WisdomTree Intl SmallCap Divid MF 97717w760 614 13714.000SH SOLE 13714.000 WisdomTree LargeCap Dividend MF 97717w307 5083 123128.988SH SOLE 123128.988 WisdomTree MidCap Dividend MF 97717W505 6224 144840.840SH SOLE 144840.840 WisdomTree SmallCap Dividend MF 97717w604 254 6554.000 SH SOLE 6554.000 WisdomTree Total Dividend MF 97717W109 403 9745.887 SH SOLE 9745.887 iShares Asia Pacific Ex Japan MF 464286665 2401 58040.287SH SOLE 58040.287 iShares Australia Index MF 464286103 259 11325.846SH SOLE 11325.846 iShares Cohen & Steers Realty MF 464287564 222 4235.000 SH SOLE 4235.000 iShares DJ Sel Dividend MF 464287168 3226 73459.663SH SOLE 73459.663 iShares DJ US Oil Equip & Svc MF 464288844 262 6100.000 SH SOLE 6100.000 iShares MSCI EAFE Index MF 464287465 7374 133387.416SH SOLE 133387.416 iShares MSCI Emerging Markets MF 464287234 1743 41988.450SH SOLE 41988.450 iShares S&P 100 Index MF 464287101 801 15558.869SH SOLE 15558.869 iShares S&P 500 Index MF 464287200 45840 409983.943SH SOLE 409983.943 iShares S&P 500 Value Index MF 464287408 1985 37452.000SH SOLE 37452.000 iShares S&P Europe 350 Index MF 464287861 242 6224.000 SH SOLE 6224.000 iShares S&P Global Infrastruct MF 464288372 562 16500.000SH SOLE 16500.000 iShares S&P Midcap 400 Index MF 464287507 29303 404680.125SH SOLE 404680.125 iShares S&P National Muni Bond MF 464288414 228 2222.995 SH SOLE 2222.995 iShares S&P S/T National Muni MF 464288158 515 4906.068 SH SOLE 4906.068 iShares US Pfd Stock Index MF 464288687 8368 228011.540SH SOLE 228011.540 iShares iBoxx$ Corp Bond MF 464287242 427 4101.410 SH SOLE 4101.410 3M Company COM 88579Y101 605 7312.285 SH SOLE 7312.285 AT&T Inc New COM 00206R102 584 20834.472SH SOLE 20834.472 Abbott Laboratories COM 002824100 572 10600.395SH SOLE 10600.395 American Express COM 025816109 476 11754.010SH SOLE 11754.010 Amgen COM 031162100 258 4559.000 SH SOLE 4559.000 Antisoma PLC COM g0395b135 60 111625.000SH SOLE 111625.000 Apple Inc COM 037833100 534 2532.000 SH SOLE 2532.000 BP PLC - Spons ADR COM 055622104 636 10972.777SH SOLE 10972.777 Bank of America Corp COM 060505104 499 33111.569SH SOLE 33111.569 Berkshire Hathaway Class B COM 084670207 1167 355.000 SH SOLE 355.000 Boeing Co COM 097023105 238 4400.000 SH SOLE 4400.000 Camden Property Trust COM 133131102 656 15492.747SH SOLE 15492.747 Centerpoint Energy Inc COM 15189T107 856 58998.679SH SOLE 58998.679 Chevron Corp COM 166764100 2058 26729.463SH SOLE 26729.463 Cisco Systems Inc COM 17275R102 715 29878.000SH SOLE 29878.000 Citigroup COM 172967101 45 13593.771SH SOLE 13593.771 Coca-Cola Company COM 191216100 878 15400.343SH SOLE 15400.343 Columbia Laboratories COM 197779101 11 10000.000SH SOLE 10000.000 Comcast Corp - Special Cl A COM 20030N200 178 11096.901SH SOLE 11096.901 ConocoPhillips COM 20825C104 1006 19694.251SH SOLE 19694.251 Covidien plc COM 043421559 296 6180.198 SH SOLE 6180.198 Cullen Frost Bankers COM 229899109 400 8000.000 SH SOLE 8000.000 Dell Inc COM 24702R101 159 11058.000SH SOLE 11058.000 Devon Energy Corp COM 25179M103 227 3093.311 SH SOLE 3093.311 Dijji Corp COM 25402R101 0 76277.000SH SOLE 76277.000 Dominion Resources Inc/VA New COM 25746U109 234 6018.000 SH SOLE 6018.000 Dot Hill Sys Corp COM 25848T109 133 70000.000SH SOLE 70000.000 Du Pont E. I. De Nemours & Co. COM 263534109 479 14218.683SH SOLE 14218.683 Duke Energy Corp New COM 26441C105 179 10406.000SH SOLE 10406.000 EMC Corporation COM 268648102 249 14250.000SH SOLE 14250.000 Echelon Corp COM 27874N105 183 15820.000SH SOLE 15820.000 Enbridge Energy Partners, L.P. COM 29250R106 214 3987.000 SH SOLE 3987.000 Encore Acquisition Co COM 29255W100 1766 36768.000SH SOLE 36768.000 Encore Bancshares COM 29255V201 264 32910.000SH SOLE 32910.000 Entergy Corp New COM 29364G103 260 3175.000 SH SOLE 3175.000 Enterprise Products Partners L COM 293792107 1274 40559.347SH SOLE 40559.347 Exelon Corp COM 30161N101 210 4302.502 SH SOLE 4302.502 Exxon Mobil Corp COM 30231G102 34400 504467.529SH SOLE 504467.529 FPL Group Inc. COM 302571104 258 4880.149 SH SOLE 4880.149 Fluor Corp New COM 343412102 211 4678.000 SH SOLE 4678.000 Ford Motor Co COM 345370860 109 10930.000SH SOLE 10930.000 Freeport-McMoran Copper COM 35671D857 318 3958.749 SH SOLE 3958.749 Gen Growth Prop COM 370021107 126 10900.000SH SOLE 10900.000 General Dynamics Corp COM 369550108 286 4194.292 SH SOLE 4194.292 General Electric COM 369604103 1874 123885.641SH SOLE 123885.641 General Mills Inc. COM 370334104 248 3497.405 SH SOLE 3497.405 Google - A COM 38259P508 683 1102.000 SH SOLE 1102.000 Halliburton Company COM 406216101 1864 61959.110SH SOLE 61959.110 Hess Corp COM 42809H107 1260 20830.000SH SOLE 20830.000 Hewlett Packard COM 428236103 447 8671.714 SH SOLE 8671.714 Home Depot COM 437076102 324 11210.147SH SOLE 11210.147 Hovnanian Enterprises COM 442487203 192 50000.000SH SOLE 50000.000 Imageware Systems Inc COM 45245S108 74 90000.000SH SOLE 90000.000 Imergent Inc COM 45247Q100 94 15515.419SH SOLE 15515.419 Intel Corp. COM 458140100 417 20459.350SH SOLE 20459.350 International Business Machine COM 459200101 614 4692.388 SH SOLE 4692.388 Intl Bancshares Corp Laredo TX COM 459044103 447 23632.000SH SOLE 23632.000 J P Morgan Chase & Co COM 46625H100 902 21637.452SH SOLE 21637.452 Johnson & Johnson COM 478160104 1486 23072.852SH SOLE 23072.852 Kinder Morgan Energy Partners COM 494550106 347 5697.808 SH SOLE 5697.808 Kraft Foods Inc A COM 50075N104 206 7573.154 SH SOLE 7573.154 Luminent Mtg Cap REIT COM 550278303 0 19238.000SH SOLE 19238.000 Luminex Corp COM 55027E102 161 10813.000SH SOLE 10813.000 MDC Partners Inc COM 552697104 263 31500.000SH SOLE 31500.000 McDermott International Corp. COM 580037109 291 12124.000SH SOLE 12124.000 McDonald's COM 580135101 439 7033.510 SH SOLE 7033.510 Medco Health Solutions COM 58405U102 223 3484.000 SH SOLE 3484.000 Medtronic Inc COM 585055106 329 7470.084 SH SOLE 7470.084 Merck & Co Inc COM 58933y105 599 16383.962SH SOLE 16383.962 Microsoft Inc COM 594918104 849 27862.694SH SOLE 27862.694 MoSys Inc COM 619718109 110 28000.000SH SOLE 28000.000 Monsanto Co New COM 61166W101 1391 17013.501SH SOLE 17013.501 NEC Corp Ord COM j48818124 31 11975.000SH SOLE 11975.000 Natural Resource Partners LP COM 63900p103 313 12933.154SH SOLE 12933.154 Nokia Corp Spons ADR COM 654902204 399 31015.000SH SOLE 31015.000 Nova Measuring Instruments Ltd COM M7516K103 65 10000.000SH SOLE 10000.000 Occidental Petroleum COM 674599105 18648 229226.917SH SOLE 229226.917 Oracle Systems Corp COM 68389X105 215 8773.195 SH SOLE 8773.195 Park City Group Inc COM 700215304 33 10000.000SH SOLE 10000.000 Pengrowth Energy Trust COM 706902301 96 10000.000SH SOLE 10000.000 Pepsico, Inc. COM 713448108 487 8015.944 SH SOLE 8015.944 Pfizer Inc. COM 717081103 583 32058.252SH SOLE 32058.252 Philip Morris International COM 718172109 392 8140.178 SH SOLE 8140.178 Photomedex Inc New COM 719358202 14 15000.000SH SOLE 15000.000 Plains All American Pipeline L COM 726503105 209 3947.609 SH SOLE 3947.609 Popular Inc COM 733174106 24 10600.000SH SOLE 10600.000 Pride Intl Inc Del COM 74153Q102 258 8080.000 SH SOLE 8080.000 Procter & Gamble COM 742718109 1075 17730.535SH SOLE 17730.535 Public Storage Inc COM 74460D109 708 8694.000 SH SOLE 8694.000 Qualcomm Inc COM 747525103 317 6850.860 SH SOLE 6850.860 RRI Energy Inc COM 74971X107 1242 217190.000SH SOLE 217190.000 Royal Dutch Shell - A ADR COM 780259206 242 4029.000 SH SOLE 4029.000 Schlumberger Ltd. COM 806857108 941 14450.865SH SOLE 14450.865 Scolr Pharma Inc COM 78402X107 24 50000.000SH SOLE 50000.000 Southern Company COM 842587107 300 8993.108 SH SOLE 8993.108 Southwest Airlines COM 844741108 1109 96993.876SH SOLE 96993.876 Star Scientific Inc COM 85517P101 21 30000.000SH SOLE 30000.000 Stryker Corp COM 863667101 241 4788.555 SH SOLE 4788.555 Sulphco Inc COM 865378103 60 88860.000SH SOLE 88860.000 Sun Life Financial COM 866796105 208 7258.000 SH SOLE 7258.000 Sustainable Power Corp COM 869327106 0 13000.000SH SOLE 13000.000 Sysco Corp COM 871829107 377 13496.725SH SOLE 13496.725 Target Corp COM 87612E106 272 5631.000 SH SOLE 5631.000 Texas Instruments COM 882508104 222 8523.000 SH SOLE 8523.000 Total S A Sponsored ADR COM 89151e109 229 3569.382 SH SOLE 3569.382 UEX Corp COM 902666106 10 10000.000SH SOLE 10000.000 United States Natural Gas Fund COM 912318102 175 17316.000SH SOLE 17316.000 United Technologies COM 913017109 639 9200.861 SH SOLE 9200.861 Verizon Communications COM 92343V104 582 17563.201SH SOLE 17563.201 Visa Inc - A COM 92826C839 440 5036.000 SH SOLE 5036.000 Wal-Mart Stores, Inc. COM 931142103 1001 18728.785SH SOLE 18728.785 Walgreen Company COM 931422109 768 20921.725SH SOLE 20921.725 Weingarten Realty Invs (SBI) COM 948741103 666 33655.000SH SOLE 33655.000 Wells Fargo & Company COM 949746101 502 18586.363SH SOLE 18586.363 FINAL TOTALS 361,108 FORM 13F INFORMATION TABLE ENTRY TOTAL 159