0001278249-14-000003.txt : 20140508 0001278249-14-000003.hdr.sgml : 20140508 20140508102338 ACCESSION NUMBER: 0001278249-14-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140331 FILED AS OF DATE: 20140508 DATE AS OF CHANGE: 20140508 EFFECTIVENESS DATE: 20140508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOWER BRIDGE ADVISORS CENTRAL INDEX KEY: 0001278249 IRS NUMBER: 233096014 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10708 FILM NUMBER: 14823414 BUSINESS ADDRESS: STREET 1: 101 WEST ELM STREET STREET 2: SUITE 355 CITY: CONSHOHOCKEN STATE: PA ZIP: 19428 BUSINESS PHONE: 6102602200 MAIL ADDRESS: STREET 1: 101 WEST ELM STREET STREET 2: STE 355 CITY: CONSHOHOCKEN STATE: PA ZIP: 19428 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001278249 XXXXXXXX 03-31-2014 03-31-2014 TOWER BRIDGE ADVISORS

101 WEST ELM STREET STE 355 CONSHOHOCKEN PA 19428

13F HOLDINGS REPORT 028-10708 N Jeffrey Kachel 610-260-2205 Jeffrey Kachel Conshohocken PA 05-08-2014 0 204 778232221 false INFORMATION TABLE 2 aci_13f.xml 3M CO. COMMON 88579Y101 16605598 122406 SH SOLE 1 95996 0 26410 A T & T INC (NEW) COMMON 00206R102 8890249 253500 SH SOLE 1 183045 0 70455 ABBOTT LABS COMMON 2824100 1914332 49710 SH SOLE 1 38615 0 11095 ABBVIE INC COM COMMON 00287Y109 2359260 45900 SH SOLE 1 35365 0 10535 ACCENTURE PLC COMMON G1151C101 10140464 127201 SH SOLE 1 87635 0 39566 AETNA U S HEALTHCARE COMMON 00817Y108 12128047 161772 SH SOLE 1 128395 0 33377 AIR PRODS & CHEMS INC COMMON 9158106 5440961 45707 SH SOLE 1 40107 0 5600 ALLETE INC NEW COMMON 18522300 218329 4165 SH SOLE 1 4065 0 100 ALTRIA GROUP INC COMMON 02209S103 530907 14184 SH SOLE 1 10634 0 3550 AMAZON COM INC COMMON 23135106 285910 850 SH SOLE 850 0 0 AMERICAN EXPRESS CO. COMMON 25816109 1566702 17402 SH SOLE 10177 0 7225 AMGEN INC COMMON 31162100 2087530 16925 SH SOLE 14877 0 2048 ANADARKO PETROLEUM COMMON 32511107 7581189 89443 SH SOLE 1 73423 0 16020 APHTON CORP COMMON 03759P101 15 15000 SH SOLE 1 0 0 15000 APPLE INC COMMON 37833100 8403201 15656 SH SOLE 1 13393 0 2263 AQUA AMERICA INC COMMON 03836W103 884546 35283 SH SOLE 27040 0 8243 AUTOMATIC DATA PROCES COMMON 53015103 6102697 78989 SH SOLE 1 58964 0 20025 BANK OF AMERICA CORP COMMON 60505104 325992 18953 SH SOLE 18953 0 0 BAXTER INTERNATIONAL COMMON 71813109 1221575 16602 SH SOLE 16602 0 0 BB&T CORP COMMON 54937107 5827341 145067 SH SOLE 1 97274 0 47793 BECTON DICKINSON & CO COMMON 75887109 14147713 120838 SH SOLE 1 85873 0 34965 BERKSHIRE HATHAWAY IN COMMON 84670702 2859813 22884 SH SOLE 22084 0 800 BERKSHIRE HATHAWAY IN COMMON 84670108 936750 5 SH SOLE 5 0 0 BOEING CO. COMMON 97023105 601097 4790 SH SOLE 4430 0 360 BP PLC ADR COMMON 55622104 1244251 25868 SH SOLE 25618 0 250 BRISTOL MYERS SQUIBB COMMON 110122108 14227442 273868 SH SOLE 1 198143 0 75725 BRYN MAWR BANK CORP COMMON 117665109 732615 25500 SH SOLE 22000 0 3500 CAMPBELL SOUP CO COMMON 134429109 789888 17600 SH SOLE 17600 0 0 CARNIVAL CORP PAIRED COMMON 143658300 10489454 277059 SH SOLE 1 219944 0 57115 CATERPILLAR INC COMMON 149123101 14222023 143122 SH SOLE 1 107467 0 35655 CENOVUS ENERGY INC CO COMMON 15135U109 1486806 51340 SH SOLE 23840 0 27500 CHEVRON CORP COMMON 166764100 10908209 91735 SH SOLE 1 75870 0 15865 CHUBB CORP COMMON 171232101 303620 3400 SH SOLE 1 700 0 2700 CISCO SYSTEMS INC COMMON 17275R102 451102 20125 SH SOLE 1 13425 0 6700 COACH INC COM COMMON 189754104 834288 16800 SH SOLE 1 11150 0 5650 COCA COLA CO. COMMON 191216100 1832484 47400 SH SOLE 43476 0 3924 COGNIZANT TECHNOLOGY COMMON 192446102 9059728 179046 SH SOLE 1 143224 0 35822 COLGATE PALMOLIVE CO COMMON 194162103 6464101 99647 SH SOLE 1 60037 0 39610 COMCAST CORP NEW A SP COMMON 20030N200 347876 7133 SH SOLE 7133 0 0 COMERICA INC COMMON 200340107 5674949 109555 SH SOLE 1 67515 0 42040 CONOCOPHILLIPS COMMON 20825C104 2580368 36679 SH SOLE 31756 0 4923 CONSOLIDATED EDISON I COMMON 209115104 685271 12773 SH SOLE 1 5497 0 7276 CORNING INC COMMON 219350105 917079 44048 SH SOLE 44048 0 0 COSTCO WHOLESALE COMMON 22160K105 980774 8782 SH SOLE 1 4682 0 4100 CVS CORP COMMON 126650100 12391930 165535 SH SOLE 1 100338 0 65197 DANAHER CORP SHS BEN COMMON 235851102 4231950 56426 SH SOLE 1 37703 0 18723 DEERE & CO. COMMON 244199105 241528 2660 SH SOLE 2660 0 0 DENTSPLY INTL INC NEW COMMON 249030107 2653147 57627 SH SOLE 1 23462 0 34165 DEVON ENERGY CORP NEW COMMON 25179M103 1578209 23580 SH SOLE 1 19990 0 3590 DFA INVT DIMENSIONS G MUTUAL 233203603 341487 33090 SH SOLE 33090 0 0 DIAGEO PLC ADR SPONSO COMMON 25243Q205 12951504 103953 SH SOLE 1 77363 0 26590 DIGITAL RLTY TR INC COMMON 253868103 8885804 167404 SH SOLE 1 119894 0 47510 DISCOVERY COMMUNICATI COMMON 25470F104 322530 3900 SH SOLE 1 2400 0 1500 DISNEY WALT COMPANY COMMON 254687106 1768186 22083 SH SOLE 1 19683 0 2400 DODGE & COX BALANCED MUTUAL 256201104 236200 2373 SH SOLE 2373 0 0 DODGE & COX INCOME FD MUTUAL 256210105 219165 16009 SH SOLE 16009 0 0 DOMINION RES INC VA N COMMON 25746U109 1746070 24596 SH SOLE 1 22201 0 2395 DU PONT E I DE NEMOUR COMMON 263534109 10855841 161786 SH SOLE 1 123776 0 38010 DUKE ENERGY CORPORATI COMMON 26441C204 527348 7404 SH SOLE 1 6506 0 898 E M C CORP MASS COMMON 268648102 12539965 457496 SH SOLE 1 357046 0 100450 EASTMAN CHEMICAL CO COMMON 277432100 212077 2460 SH SOLE 2460 0 0 ECOLAB INC COMMON 278865100 759170 7030 SH SOLE 7030 0 0 EMERSON ELECTRIC CO COMMON 291011104 10265290 153672 SH SOLE 1 111778 0 41894 ENTERPRISE PRODS PART COMMON 293792107 6976364 100582 SH SOLE 1 51636 0 48946 EOG RESOURCES INC COMMON 26875P101 299270 3051 SH SOLE 2251 0 800 EQT CORP COM COMMON 26884L109 416971 4300 SH SOLE 400 0 3900 EXPRESS SCRIPTS COMMON 30219G108 7809510 104002 SH SOLE 1 79897 0 24105 EXXON MOBIL COMMON 30231G102 31827098 325830 SH SOLE 1 256692 0 69138 FACEBOOK INC CL A COMMON 30303M102 3728254 61890 SH SOLE 41570 0 20320 FEDEX CORP COMMON 31428X106 7401355 55834 SH SOLE 1 38976 0 16858 FIDELITY ADVISOR SER MUTUAL 315807552 203972 20479 SH SOLE 0 0 20479 FLUOR CORP NEW COM COMMON 343412102 2588409 33300 SH SOLE 1 16450 0 16850 FRANKLIN INVS SECS TR MUTUAL 353612781 114751 12473 SH SOLE 12473 0 0 FRANKLIN RESOURCES IN COMMON 354613101 3845046 70968 SH SOLE 1 42598 0 28370 FULTON FINL CORP PA COMMON 360271100 329244 26172 SH SOLE 26172 0 0 GENERAL ELECTRIC CO COMMON 369604103 14816300 572279 SH SOLE 1 461786 0 110493 GENERAL MILLS INC COMMON 370334104 1792972 34600 SH SOLE 29700 0 4900 GENESEE & WYO INC CL COMMON 371559105 404851 4160 SH SOLE 0 0 4160 GILEAD SCIENCES INC COMMON 375558103 239223 3376 SH SOLE 1976 0 1400 GLAXOSMITHKLINE PLC A COMMON 37733W105 1543112 28881 SH SOLE 1 24875 0 4006 GOLDMAN SACHS GROUP I COMMON 38141G104 4346777 26529 SH SOLE 1 18299 0 8230 GOLDMAN SACHS GROUP I PREFERR 38143Y665 3671143 191905 SH SOLE 1 153530 0 38375 GOLDMAN SACHS GROUP I PREFERR 38144G804 1393058 70250 SH SOLE 1 23350 0 46900 GOOGLE INC CL A COMMON 38259P508 17331745 15551 SH SOLE 1 11380 0 4171 GRAINGER W W INC COMMON 384802104 8180120 32376 SH SOLE 1 24786 0 7590 HALLIBURTON CO. COMMON 406216101 944537 16039 SH SOLE 1 11889 0 4150 HCP INC COMMON 40414L109 313190 8074 SH SOLE 1 3088 0 4986 HERSHEY FOODS CORP COMMON 427866108 1203419 11527 SH SOLE 5127 0 6400 HOME DEPOT INC COMMON 437076102 1612195 20374 SH SOLE 1 18249 0 2125 HONEYWELL INTL INC COMMON 438516106 245257 2644 SH SOLE 1244 0 1400 HOTCHKIS & WILEY LARG MUTUAL 44134R503 213436 8305 SH SOLE 8305 0 0 ILLINOIS TOOL WORKS I COMMON 452308109 2218357 27276 SH SOLE 1 22036 0 5240 INGERSOLL-RAND PLC COMMON G47791101 226098 3950 SH SOLE 3950 0 0 INTEL CORP COMMON 458140100 3224633 124918 SH SOLE 1 95260 0 29658 INT'L BUSINESS MACHIN COMMON 459200101 18312729 95136 SH SOLE 1 69985 0 25151 J P MORGAN CHASE & CO COMMON 46625H100 9320746 153529 SH SOLE 1 127351 0 26178 JOHNSON & JOHNSON COMMON 478160104 18775621 191139 SH SOLE 1 158983 0 32156 JOHNSON CONTROLS INC COMMON 478366107 10248424 216577 SH SOLE 1 163107 0 53470 KELLOGG CO. COMMON 487836108 513971 8196 SH SOLE 800 0 7396 KEYCORP NEW COMMON 493267108 11505877 807997 SH SOLE 1 605397 0 202600 KIMBERLY CLARK CORP COMMON 494368103 3022063 27411 SH SOLE 27411 0 0 KINDER MORGAN EGY PTN COMMON 494550106 3936580 53233 SH SOLE 1 29175 0 24058 KONINKLIJKE PHILIPS E COMMON 500472303 218308 6209 SH SOLE 6209 0 0 KRAFT FOODS GROUP INC COMMON 50076Q106 286952 5115 SH SOLE 4654 0 461 L-3 COMMUNICATIONS HO COMMON 502424104 620288 5250 SH SOLE 1 2050 0 3200 LILLY, ELI AND COMPAN COMMON 532457108 211955 3601 SH SOLE 2508 0 1093 LINCOLN NATL CORP COMMON 534187109 382559 7550 SH SOLE 7329 0 221 LORD ABBETT AFFILIATE MUTUAL 544001100 183722 11599 SH SOLE 11599 0 0 LOWE'S COS INC COMMON 548661107 2576541 52690 SH SOLE 1 45240 0 7450 MAGELLAN MIDSTREAM PA COMMON 559080106 1186975 17020 SH SOLE 8120 0 8900 MARRIOTT INTL INC NEW COMMON 571903202 201952 3605 SH SOLE 3605 0 0 MCDONALD'S CORP COMMON 580135101 10761145 109774 SH SOLE 1 87334 0 22440 MEDTRONIC INC COMMON 585055106 746419 12129 SH SOLE 10929 0 1200 MERCK & COMPANY COMMON 58933Y105 4465589 78661 SH SOLE 1 63541 0 15120 METLIFE INC PFD A FLT PREFERR 59156R504 3695273 159279 SH SOLE 108004 0 51275 MICROSOFT CORP COMMON 594918104 7383941 180140 SH SOLE 1 118670 0 61470 MONDELEZ INTL INC COMMON 609207105 484011 14009 SH SOLE 12625 0 1384 MONSANTO CO. NEW COMMON 61166W101 208427 1832 SH SOLE 1722 0 110 NESTLE S A REG ADR COMMON 641069406 403285 5353 SH SOLE 5353 0 0 NETAPP INC COM COMMON 64110D104 428963 11625 SH SOLE 5250 0 6375 NEXTERA ENERGY INC CO COMMON 65339F101 1237323 12940 SH SOLE 12200 0 740 NIKE INC CL B COMMON 654106103 6923267 93735 SH SOLE 1 64715 0 29020 NOBLE ENERGY COMMON 655044105 2004038 28210 SH SOLE 1 16890 0 11320 NORDSTROM INC COMMON 655664100 8830368 141399 SH SOLE 1 112929 0 28470 NORFOLK SOUTHERN CORP COMMON 655844108 3385208 34838 SH SOLE 1 23538 0 11300 NORTHEAST UTILITIES COMMON 664397106 233779 5138 SH SOLE 2040 0 3098 NOVARTIS AG SPONSORED COMMON 66987V109 12268641 144303 SH SOLE 1 97661 0 46642 OGE ENERGY CORP COMMON 670837103 213208 5800 SH SOLE 0 0 5800 OMNICOM GROUP COMMON 681919106 359007 4945 SH SOLE 2650 0 2295 ONEOK INC NEW COM COMMON 682680103 349575 5900 SH SOLE 1500 0 4400 ORACLE SYS CORP COMMON 68389X105 429555 10500 SH SOLE 10500 0 0 OWENS & MINOR INC NEW COMMON 690732102 210180 6000 SH SOLE 0 0 6000 PENTAIR LTD SHS COMMON H6169Q108 375596 4734 SH SOLE 1 1734 0 3000 PEPSICO INC COMMON 713448108 13501950 161700 SH SOLE 1 118449 0 43251 PFIZER INC COMMON 717081103 7300073 227275 SH SOLE 1 211726 0 15549 PHILIP MORRIS INTL IN COMMON 718172109 1699539 20759 SH SOLE 1 17759 0 3000 PHILLIPS 66 COM COMMON 718546104 924258 11994 SH SOLE 11428 0 566 PIEDMONT NAT GAS INC COMMON 720186105 690105 19500 SH SOLE 12000 0 7500 PIMCO TOTAL RET FDS MUTUAL 693390429 116460 10803 SH SOLE 10803 0 0 PIONEER NATURAL RES C COMMON 723787107 508272 2716 SH SOLE 1430 0 1286 PLUM CREEK TIMBER CO. COMMON 729251108 1409769 33534 SH SOLE 1 15439 0 18095 PNC FINANCIAL CORP COMMON 693475105 544359 6257 SH SOLE 6005 0 252 PPG INDUSTRIES INC COMMON 693506107 2094785 10828 SH SOLE 1 10328 0 500 PPL CORP COMMON 69351T106 394565 11906 SH SOLE 9906 0 2000 PRAXAIR INC COMMON 74005P104 9080936 69336 SH SOLE 1 52146 0 17190 PROCTER & GAMBLE CO COMMON 742718109 11757928 145880 SH SOLE 1 128171 0 17709 PUBLIC SVC ENTERPRISE COMMON 744573106 209770 5500 SH SOLE 5500 0 0 QNB CORP COMMON 74726N107 446696 17174 SH SOLE 17174 0 0 QUALCOMM INC COMMON 747525103 14860694 188444 SH SOLE 1 129639 0 58805 RALPH LAUREN CORP CL COMMON 751212101 757176 4705 SH SOLE 3395 0 1310 RANGE RES CORP COM COMMON 75281A109 371706 4480 SH SOLE 3980 0 500 RAYMOND JAMES FINANCI COMMON 754730109 3564139 63725 SH SOLE 1 32925 0 30800 RAYONIER INC COM COMMON 754907103 206595 4500 SH SOLE 4500 0 0 RAYTHEON CO NEW COMMON 755111507 514202 5205 SH SOLE 5205 0 0 ROBERT HALF INTL INC COMMON 770323103 2641801 62975 SH SOLE 1 40150 0 22825 ROCHE HLDG LTD ADR COMMON 771195104 11178054 298087 SH SOLE 1 219937 0 78150 ROYAL DUTCH SHELL PLC COMMON 780259206 796427 10901 SH SOLE 10601 0 300 SCHLUMBERGER LTD COMMON 806857108 17656373 181091 SH SOLE 1 133496 0 47595 SCHWAB S&P 500 INDEX MUTUAL 808509855 344362 11729 SH SOLE 11729 0 0 SEALED AIR CORP NEW COMMON 81211K100 262960 8000 SH SOLE 8000 0 0 SIMON PPTY GROUP INC COMMON 828806109 532180 3245 SH SOLE 3045 0 200 SPECTRA ENERGY CORP COMMON 847560109 5787759 156680 SH SOLE 1 78307 0 78373 STARWOOD HOTELS & RES COMMON 85590A401 527350 6625 SH SOLE 5925 0 700 STATE STREET CORP COMMON 857477103 13957270 200680 SH SOLE 1 142465 0 58215 SYNGENTA AG SPONSORED COMMON 87160A100 7476834 98665 SH SOLE 1 76920 0 21745 SYSCO CORP COMMON 871829107 371633 10286 SH SOLE 7786 0 2500 T ROWE PRICE GROUP IN COMMON 74144T108 7409441 89975 SH SOLE 1 65310 0 24665 TAIWAN SEMICONDUCTOR COMMON 874039100 9076668 453380 SH SOLE 1 342160 0 111220 TELEFLEX INC COMMON 879369106 203756 1900 SH SOLE 1900 0 0 TEMPLETON WORLD A MUTUAL 880196100 453507 23056 SH SOLE 0 0 23056 TEXAS INSTRUMENTS INC COMMON 882508104 1069353 22675 SH SOLE 22675 0 0 TEXAS PAC LAND TRUST COMMON 882610108 388500 3000 SH SOLE 3000 0 0 THERMO FISHER SCIENTI COMMON 883556102 2495701 20756 SH SOLE 20756 0 0 TOLL BROTHERS INC COMMON 889478103 218093 6075 SH SOLE 1 2075 0 4000 TOMPKINS FINANCIAL CO COMMON 890110109 734400 15000 SH SOLE 15000 0 0 TRACTOR SUPPLY CO COMMON 892356106 625076 8850 SH SOLE 1 1250 0 7600 UNILEVER N V COMMON 904784709 408856 9943 SH SOLE 4000 0 5943 UNILEVER PLC SPON ADR COMMON 904767704 8723484 203915 SH SOLE 1 127000 0 76915 UNION PACIFIC CORP COMMON 907818108 1479511 7884 SH SOLE 1 2670 0 5214 UNITED PARCEL SVC INC COMMON 911312106 219397 2253 SH SOLE 2253 0 0 UNITED TECHNOLOGIES C COMMON 913017109 8584468 73472 SH SOLE 1 55652 0 17820 UNIVEST CORP PA COMMON 915271100 506331 24675 SH SOLE 24675 0 0 URBAN OUTFITTERS INC COMMON 917047102 409376 11225 SH SOLE 1 7425 0 3800 US BANCORP DEL PFD B PREFERR 902973155 4405162 201517 SH SOLE 1 136192 0 65325 V F CORP COMMON 918204108 297024 4800 SH SOLE 1 2400 0 2400 VANGUARD INDEX FDS LA MUTUAL 922908637 578485 6725 SH SOLE 6725 0 0 VANGUARD MORGAN GROWT MUTUAL 921928107 213867 8277 SH SOLE 1 0 0 8277 VANGUARD SHORT-TERM T MUTUAL 922907100 221078 13939 SH SOLE 13939 0 0 VANGUARD SPECIALIZED MUTUAL 921908885 496037 6023 SH SOLE 0 0 6023 VANGUARD WINDSOR II A MUTUAL 922018304 247371 3684 SH SOLE 3684 0 0 VANGUARD/PRIMECAP FD MUTUAL 921936209 326801 3249 SH SOLE 1104 0 2145 VANGUARD/WELLESLEY IN MUTUAL 921938205 228194 3726 SH SOLE 0 0 3726 VANGUARD/WELLINGTON F MUTUAL 921935201 320824 4814 SH SOLE 0 0 4814 VERIZON COMMUNICATION COMMON 92343V104 11213107 235718 SH SOLE 1 180280 0 55438 VERTEX PHARMACEUTICAL COMMON 92532F100 325312 4600 SH SOLE 4600 0 0 VISA INC COM CL A COMMON 92826C839 13044204 60429 SH SOLE 1 39069 0 21360 VODAFONE GROUP PLC NE COMMON 92857W308 241363 6557 SH SOLE 5848 0 709 WAL MART STORES INC COMMON 931142103 9117105 119287 SH SOLE 1 84207 0 35080 WELLS FARGO & CO NEW COMMON 949746101 1618788 32545 SH SOLE 1 23045 0 9500 WELLS FARGO & CO NEW PREFERR 949746879 547832 18800 SH SOLE 13000 0 5800 WHIRLPOOL CORP COMMON 963320106 3883718 25985 SH SOLE 1 12925 0 13060 WILLIS GROUP HOLDINGS COMMON G96666105 397170 9000 SH SOLE 1 7500 0 1500 XILINX INC COM COMMON 983919101 352755 6500 SH SOLE 6500 0 0 YUM BRANDS INC COMMON 988498101 280451 3720 SH SOLE 1 2800 0 920