0001278249-16-000018.txt : 20160512 0001278249-16-000018.hdr.sgml : 20160512 20160512105059 ACCESSION NUMBER: 0001278249-16-000018 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160331 FILED AS OF DATE: 20160512 DATE AS OF CHANGE: 20160512 EFFECTIVENESS DATE: 20160512 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: 161642196 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 03-31-2016 03-31-2016 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 05-12-2016 0 212 800659613 false INFORMATION TABLE 2 aci_13f.xml 3M CO. COMMON 88579Y101 20217551 121332 SH SOLE 1 95669 0 25663 A T & T INC (NEW) COMMON 00206R102 8317754 212350 SH SOLE 1 159400 0 52950 ABBOTT LABS COMMON 2824100 2027291 48465 SH SOLE 1 37530 0 10935 ABBVIE INC COM COMMON 00287Y109 2376478 41605 SH SOLE 1 31750 0 9855 ACCENTURE PLC COMMON G1151C101 17224373 149258 SH SOLE 1 99726 0 49032 ADOBE SYS INC COMMON 00724F101 375200 4000 SH SOLE 4000 0 0 AETNA INC COMMON 00817Y108 5373363 47827 SH SOLE 1 37030 0 10797 AIR PRODS & CHEMS INC COMMON 9158106 6346411 44057 SH SOLE 1 38538 0 5519 ALLETE INC NEW COMMON 18522300 227925 4065 SH SOLE 4065 0 0 ALPHABET CLASS A COMMON 02079K305 12085099 15841 SH SOLE 1 11461 0 4380 ALPHABET CLASS C COMMON 02079K107 12912215 17333 SH SOLE 1 12622 0 4671 ALTRIA GROUP INC COMMON 02209S103 804241 12835 SH SOLE 1 9585 0 3250 AMAZON COM INC COMMON 23135106 480255 809 SH SOLE 700 0 109 AMERICAN EXPRESS CO. COMMON 25816109 1077816 17554 SH SOLE 10629 0 6925 AMGEN INC COMMON 31162100 2472196 16489 SH SOLE 13556 0 2933 ANADARKO PETROLEUM COMMON 32511107 800305 17185 SH SOLE 13725 0 3460 ANHEUSER BUSCH INBEV COMMON 03524A108 349048 2800 SH SOLE 2300 0 500 APPLE INC COMMON 37833100 15035715 137955 SH SOLE 1 110738 0 26767 AQUA AMERICA INC COMMON 03836W103 803934 25265 SH SOLE 18274 0 6991 AUTOMATIC DATA PROCES COMMON 53015103 7188021 80125 SH SOLE 1 56935 0 23190 BANK OF AMERICA CORP COMMON 60505104 174638 12917 SH SOLE 12917 0 0 BAXALTA INC COM COMMON 07177M103 610121 15102 SH SOLE 15102 0 0 BAXTER INTERNATIONAL COMMON 71813109 620390 15102 SH SOLE 15102 0 0 BB&T CORP COMMON 54937107 11387657 342280 SH SOLE 1 255152 0 86128 BECTON DICKINSON & CO COMMON 75887109 17547659 115582 SH SOLE 1 80494 0 35088 BERKSHIRE HATHAWAY IN COMMON 84670702 3391216 23902 SH SOLE 22098 0 1804 BERKSHIRE HATHAWAY IN COMMON 84670108 213450 1 SH SOLE 1 0 0 BERWYN INCOME FUND MUTUAL 86233202 547885 41538 SH SOLE 41538 0 0 BLACKSTONE GROUP L.P. COMMON 09253U108 5294017 188735 SH SOLE 1 118665 0 68570 BOEING CO. COMMON 97023105 637747 5024 SH SOLE 4609 0 415 BOSTON PROPERTIES INC COMMON 101121101 216036 1700 SH SOLE 1700 0 0 BP PLC ADR COMMON 55622104 773151 25618 SH SOLE 25618 0 0 BRISTOL MYERS SQUIBB COMMON 110122108 8382972 131230 SH SOLE 92465 0 38765 BRYN MAWR BANK CORP COMMON 117665109 535030 20794 SH SOLE 14000 0 6794 BUFFALO HIGH YIELD IN MUTUAL 119539104 136479 12362 SH SOLE 12362 0 0 C H ROBINSON WORLDWID COMMON 12541W209 233453 3145 SH SOLE 2845 0 300 CAMPBELL SOUP CO COMMON 134429109 1122704 17600 SH SOLE 17600 0 0 CARNIVAL CORP COMMON 143658300 15868308 300707 SH SOLE 1 225090 0 74817 CATERPILLAR INC COMMON 149123101 4108667 53680 SH SOLE 1 44975 0 8705 CELGENE CORP COMMON 151020104 268842 2686 SH SOLE 2686 0 0 CHEVRON CORP COMMON 166764100 8995075 94288 SH SOLE 1 75059 0 19229 CISCO SYSTEMS INC COMMON 17275R102 650596 22852 SH SOLE 1 14017 0 8835 COCA COLA CO. COMMON 191216100 2397528 51682 SH SOLE 43058 0 8624 COGNIZANT TECHNOLOGY COMMON 192446102 12698506 202528 SH SOLE 1 155631 0 46197 COLFAX CORP COMMON 194014106 264458 9250 SH SOLE 6000 0 3250 COLGATE PALMOLIVE CO COMMON 194162103 12742575 180362 SH SOLE 1 134449 0 45213 COMCAST CORP NEW CL A COMMON 20030N101 3274531 53611 SH SOLE 1 35284 0 18327 COMERICA INC COMMON 200340107 473943 12515 SH SOLE 1 10015 0 2500 CONOCOPHILLIPS COMMON 20825C104 1162031 28856 SH SOLE 24958 0 3898 CONSOLIDATED EDISON I COMMON 209115104 511668 6678 SH SOLE 1 4022 0 2656 CORNING INC COMMON 219350105 993278 47548 SH SOLE 47548 0 0 COSTCO WHOLESALE COMMON 22160K105 1738423 11032 SH SOLE 1 6682 0 4350 CULLEN FROST BANKERS COMMON 229899109 2401969 43585 SH SOLE 1 26285 0 16800 CVS HEALTH CORP. COMMON 126650100 15130652 145866 SH SOLE 1 84269 0 61097 DANAHER CORP SHS BEN COMMON 235851102 7450874 78546 SH SOLE 1 46681 0 31365 DENTSPLY SIRONA INC C COMMON 24906P109 4479392 72682 SH SOLE 1 36867 0 35115 DIAGEO PLC ADR SPONSO COMMON 25243Q205 11346630 105188 SH SOLE 1 77378 0 27410 DIGITAL REALTY TRUST COMMON 253868103 10916923 123369 SH SOLE 1 86144 0 37225 DISNEY WALT COMPANY COMMON 254687106 4369044 43994 SH SOLE 1 31304 0 12690 DODGE & COX BALANCED MUTUAL 256201104 220323 2373 SH SOLE 2373 0 0 DOMINION RES INC VA N COMMON 25746U109 968898 12898 SH SOLE 1 11298 0 1600 DU PONT E I DE NEMOUR COMMON 263534109 3377109 53334 SH SOLE 1 48434 0 4900 DUKE ENERGY CORPORATI COMMON 26441C204 444345 5507 SH SOLE 1 4707 0 800 DUNKIN BRANDS GROUP I COMMON 265504100 9057300 192014 SH SOLE 141154 0 50860 E M C CORP MASS COMMON 268648102 1468415 55100 SH SOLE 42300 0 12800 EATON VANCE NATL MUNS MUTUAL 27826L249 100149 10015 SH SOLE 10015 0 0 ECOLAB INC COMMON 278865100 713728 6400 SH SOLE 6400 0 0 EMERSON ELECTRIC CO COMMON 291011104 2803778 51559 SH SOLE 1 43085 0 8474 ENTERPRISE PRODS PART COMMON 293792107 4551135 184855 SH SOLE 1 97397 0 87458 EQT CORP COM COMMON 26884L109 269040 4000 SH SOLE 400 0 3600 EVERSOURCE ENERGY COM COMMON 30040W108 288433 4944 SH SOLE 2544 0 2400 EXPRESS SCRIPTS COMMON 30219G108 6051520 88099 SH SOLE 1 67286 0 20213 EXXON MOBIL COMMON 30231G102 25162198 301019 SH SOLE 1 237463 0 63556 FACEBOOK INC CL A COMMON 30303M102 4692819 41129 SH SOLE 22689 0 18440 FEDEX CORP COMMON 31428X106 9352332 57475 SH SOLE 1 40854 0 16321 FLUOR CORP NEW COM COMMON 343412102 5432292 101160 SH SOLE 1 77525 0 22635 FULTON FINL CORP PA COMMON 360271100 294199 21988 SH SOLE 16988 0 5000 GENERAL ELECTRIC CO COMMON 369604103 18278398 574973 SH SOLE 1 467578 0 107395 GENERAL MILLS INC COMMON 370334104 2166570 34200 SH SOLE 29300 0 4900 GENESEE & WYO INC CL COMMON 371559105 293123 4675 SH SOLE 515 0 4160 GILEAD SCIENCES INC COMMON 375558103 458933 4996 SH SOLE 3176 0 1820 GLAXOSMITHKLINE PLC A COMMON 37733W105 1073845 26482 SH SOLE 1 22476 0 4006 GOLDMAN SACHS GROUP I COMMON 38141G104 6833496 43531 SH SOLE 1 34378 0 9153 GOLDMAN SACHS GROUP I PREFERR 38143Y665 3555618 178765 SH SOLE 1 151690 0 27075 GOLDMAN SACHS GROUP I PREFERR 38144G804 1048926 51850 SH SOLE 1 25750 0 26100 GRAINGER W W INC COMMON 384802104 8774432 37589 SH SOLE 1 29130 0 8259 HALLIBURTON CO. COMMON 406216101 4185812 117184 SH SOLE 1 97019 0 20165 HCP INC COMMON 40414L109 263051 8074 SH SOLE 1 3088 0 4986 HERSHEY FOODS CORP COMMON 427866108 1053694 11442 SH SOLE 5042 0 6400 HOME DEPOT INC COMMON 437076102 2225879 16682 SH SOLE 1 15432 0 1250 HONEYWELL INTL INC COMMON 438516106 755441 6742 SH SOLE 3442 0 3300 ILLINOIS TOOL WORKS I COMMON 452308109 2586712 25251 SH SOLE 1 20836 0 4415 IMPERIAL OIL LTD COM COMMON 453038408 697225 20875 SH SOLE 11650 0 7725 INGERSOLL-RAND PLC COMMON G47791101 265093 4275 SH SOLE 3775 0 500 INTEL CORP COMMON 458140100 2550053 78827 SH SOLE 1 58764 0 20063 INTERCONTINENTALEXCHA COMMON 45866F104 231848 986 SH SOLE 586 0 400 INT'L BUSINESS MACHIN COMMON 459200101 8775300 57942 SH SOLE 1 45535 0 12207 J P MORGAN CHASE & CO COMMON 46625H100 5845429 98707 SH SOLE 1 72439 0 26268 JACOBS ENGINEERING COMMON 469814107 6415133 147305 SH SOLE 108275 0 39030 JOHNSON & JOHNSON COMMON 478160104 23066874 213187 SH SOLE 1 176149 0 37038 JOHNSON CONTROLS INC COMMON 478366107 2963474 76045 SH SOLE 1 55095 0 20950 JUNIPER NETWORKS INC COMMON 48203R104 608465 23852 SH SOLE 20287 0 3565 KELLOGG CO. COMMON 487836108 615921 8046 SH SOLE 650 0 7396 KEYCORP NEW COMMON 493267108 7414243 671580 SH SOLE 1 523180 0 145500 KIMBERLY CLARK CORP COMMON 494368103 3694317 27465 SH SOLE 27465 0 0 KINDER MORGAN INC COMMON 49456B101 4543112 254374 SH SOLE 1 159533 0 85641 KRAFT HEINZ COMPANY COMMON 500754106 385572 4908 SH SOLE 4447 0 461 KRAIG BIOCRAFT LABORA COMMON 50075W104 2400 100000 SH SOLE 100000 0 0 L-3 COMMUNICATIONS HO COMMON 502424104 586575 4950 SH SOLE 1 1900 0 3050 LENNAR CORP COMMON 526057104 1614305 33381 SH SOLE 19316 0 14065 LILLY, ELI AND COMPAN COMMON 532457108 288112 4001 SH SOLE 2908 0 1093 LINCOLN NATL CORP COMMON 534187109 295960 7550 SH SOLE 7329 0 221 LORD ABBETT INVT TR S MUTUAL 543916464 47775 11059 SH SOLE 11059 0 0 LOWE'S COS INC COMMON 548661107 2885621 38094 SH SOLE 1 33030 0 5064 MAGELLAN MIDSTREAM PA COMMON 559080106 956320 13900 SH SOLE 7000 0 6900 MAIRS & PWR FDS TR CO MUTUAL 56064V205 208872 1869 SH SOLE 1869 0 0 MARRIOTT INTL INC NEW COMMON 571903202 1263089 17745 SH SOLE 1 14260 0 3485 MARSH & MCLENNAN COS COMMON 571748102 273555 4500 SH SOLE 0 0 4500 MCDONALD'S CORP COMMON 580135101 15905432 126555 SH SOLE 1 96937 0 29118 MEDNAX INC COM COMMON 58502B106 2541182 39325 SH SOLE 1 25150 0 13575 MEDTRONIC PLC COMMON G5960L103 934350 12458 SH SOLE 7825 0 4633 MERCK & COMPANY COMMON 58933Y105 6301268 119094 SH SOLE 1 91311 0 27783 METLIFE INC PFD A FLT PREFERR 59156R504 3174863 127249 SH SOLE 97724 0 29525 MICROSOFT CORP COMMON 594918104 17051272 308732 SH SOLE 1 201748 0 106184 MONDELEZ INTL INC COMMON 609207105 499695 12455 SH SOLE 11071 0 1384 NATIONAL OILWELL VARC COMMON 637071101 579393 18630 SH SOLE 17490 0 1140 NESTLE S A REG ADR COMMON 641069406 452040 6025 SH SOLE 5775 0 250 NEXTERA ENERGY INC CO COMMON 65339F101 1402211 11849 SH SOLE 11209 0 640 NIKE INC CL B COMMON 654106103 5614854 91343 SH SOLE 1 55423 0 35920 NOBLE ENERGY COMMON 655044105 351792 11200 SH SOLE 1 2600 0 4600 NORDSTROM INC COMMON 655664100 5162058 90230 SH SOLE 1 72590 0 17640 NORFOLK SOUTHERN CORP COMMON 655844108 2000831 24034 SH SOLE 1 17509 0 6525 NOVARTIS AG SPONSORED COMMON 66987V109 11778961 162603 SH SOLE 1 109063 0 53040 NVIDIA CORP COMMON 67066G104 313544 8800 SH SOLE 1 1300 0 7500 NXP SEMICONDUCTORS N COMMON N6596X109 964895 11902 SH SOLE 9777 0 2125 ORACLE SYS CORP COMMON 68389X105 1392167 34030 SH SOLE 1 26355 0 7675 OWENS & MINOR INC NEW COMMON 690732102 242520 6000 SH SOLE 0 0 6000 PENTAIR PLC SHS COMMON G7S00T104 215684 3975 SH SOLE 1375 0 2600 PEPSICO INC COMMON 713448108 15721252 153408 SH SOLE 1 113236 0 40172 PERRIGO CO PLC COMMON G97822103 8431227 65905 SH SOLE 49275 0 16630 PFIZER INC COMMON 717081103 6884097 232257 SH SOLE 1 212941 0 19316 PHILIP MORRIS INTL IN COMMON 718172109 1805715 18405 SH SOLE 1 15415 0 2990 PHILLIPS 66 COM COMMON 718546104 1060468 12247 SH SOLE 11631 0 616 PIEDMONT NAT GAS INC COMMON 720186105 927365 15500 SH SOLE 12000 0 3500 PIONEER NATURAL RES C COMMON 723787107 296961 2110 SH SOLE 1210 0 900 PNC FINANCIAL CORP COMMON 693475105 507927 6006 SH SOLE 5188 0 818 PPG INDUSTRIES INC COMMON 693506107 2108276 18910 SH SOLE 1 18210 0 700 PPL CORP COMMON 69351T106 335244 8806 SH SOLE 8806 0 0 PRAXAIR INC COMMON 74005P104 9563671 83562 SH SOLE 1 61823 0 21289 PROCTER & GAMBLE CO COMMON 742718109 14577677 177107 SH SOLE 1 146570 0 30537 PUBLIC SVC ENTERPRISE COMMON 744573106 325266 6900 SH SOLE 5500 0 1400 QNB CORP COMMON 74726N107 255210 8507 SH SOLE 8507 0 0 QUALCOMM INC COMMON 747525103 1133058 22156 SH SOLE 1 17906 0 4250 RALPH LAUREN CORP COMMON 751212101 3347442 34775 SH SOLE 30125 0 4300 RANGE RES CORP COM COMMON 75281A109 207556 6410 SH SOLE 1910 0 500 RAYMOND JAMES FINANCI COMMON 754730109 3671445 77115 SH SOLE 1 43125 0 32990 RAYTHEON CO NEW COMMON 755111507 766315 6249 SH SOLE 6249 0 0 ROCHE HLDG LTD ADR COMMON 771195104 9907728 320681 SH SOLE 1 235439 0 84042 ROYAL DUTCH SHELL PLC COMMON 780259206 491428 10143 SH SOLE 9843 0 300 SCHLUMBERGER LTD COMMON 806857108 14280139 193629 SH SOLE 1 139729 0 53350 SCHWAB CAP TR TARGET MUTUAL 808509558 1970129 146478 SH SOLE 146478 0 0 SCHWAB CHARLES CORP N COMMON 808513105 7127924 254387 SH SOLE 1 168238 0 84449 SCHWAB S&P 500 INDEX MUTUAL 808509855 345314 10801 SH SOLE 10801 0 0 SEALED AIR CORP NEW COMMON 81211K100 356618 7428 SH SOLE 7428 0 0 SIMON PPTY GROUP INC COMMON 828806109 632416 3045 SH SOLE 3045 0 0 SPECTRA ENERGY CORP COMMON 847560109 8049850 263067 SH SOLE 1 174257 0 88810 STATE STREET CORP COMMON 857477103 10813890 184790 SH SOLE 1 133877 0 50213 SYNCHRONY FINANCIAL COMMON 87165B103 697155 24325 SH SOLE 16275 0 8050 SYNGENTA AG SPONSORED COMMON 87160A100 233552 2820 SH SOLE 620 0 2200 SYSCO CORP COMMON 871829107 389027 8325 SH SOLE 6325 0 2000 T ROWE PRICE GROUP IN COMMON 74144T108 348935 4750 SH SOLE 1450 0 3300 TAIWAN SEMICONDUCTOR COMMON 874039100 5740682 219110 SH SOLE 1 178610 0 40500 TELEFLEX INC COMMON 879369106 298319 1900 SH SOLE 1900 0 0 TEMPLETON WORLD A MUTUAL 880196100 335692 23056 SH SOLE 0 0 23056 TEXAS INSTRUMENTS INC COMMON 882508104 1225056 21335 SH SOLE 21335 0 0 TEXAS PAC LAND TRUST COMMON 882610108 843958 5800 SH SOLE 2500 0 3300 THERMO FISHER SCIENTI COMMON 883556102 3061034 21619 SH SOLE 21319 0 300 TOLL BROTHERS INC COMMON 889478103 3841346 130171 SH SOLE 1 70166 0 60005 TRACTOR SUPPLY CO COMMON 892356106 811788 8974 SH SOLE 1374 0 7600 UNILEVER N V COMMON 904784709 588793 13178 SH SOLE 7235 0 5943 UNILEVER PLC SPON ADR COMMON 904767704 8284340 183363 SH SOLE 1 128134 0 55229 UNION PACIFIC CORP COMMON 907818108 1262538 15871 SH SOLE 1 5485 0 10386 UNITED NAT FOODS INC COMMON 911163103 3170804 78680 SH SOLE 1 45900 0 31580 UNITED PARCEL SVC INC COMMON 911312106 378426 3588 SH SOLE 2588 0 1000 UNITED TECHNOLOGIES C COMMON 913017109 9479270 94698 SH SOLE 1 68845 0 25353 UNIVEST CORP PA COMMON 915271100 389010 19939 SH SOLE 19939 0 0 URBAN OUTFITTERS INC COMMON 917047102 2371726 71675 SH SOLE 1 40555 0 29620 US BANCORP DEL PFD B PREFERR 902973155 3641048 165427 SH SOLE 1 128067 0 37360 US BANCORP NEW COMMON 902973304 252389 6218 SH SOLE 1 1018 0 5200 V F CORP COMMON 918204108 232812 3595 SH SOLE 2695 0 900 VANGUARD EQUITY-INCOM MUTUAL 921921102 235252 7741 SH SOLE 1 4796 0 2945 VANGUARD FIXED INC SE MUTUAL 922031836 133846 12521 SH SOLE 5666 0 6855 VANGUARD INDEX FDS LA MUTUAL 922908637 814127 8660 SH SOLE 6310 0 2350 VANGUARD INDEX FDS LC MUTUAL 922908579 262472 5530 SH SOLE 0 0 5530 VANGUARD MORGAN GROWT MUTUAL 921928107 234938 9609 SH SOLE 1 0 0 9609 VANGUARD SPECIALIZED MUTUAL 921908885 473456 5728 SH SOLE 0 0 5728 VANGUARD WINDSOR II A MUTUAL 922018304 221943 3726 SH SOLE 3726 0 0 VANGUARD/PRIMECAP FD MUTUAL 921936209 326528 3225 SH SOLE 1025 0 2199 VANGUARD/WELLESLEY IN MUTUAL 921938205 252902 4129 SH SOLE 0 0 4129 VANGUARD/WELLINGTON F MUTUAL 921935201 351528 5463 SH SOLE 0 0 5463 VERIZON COMMUNICATION COMMON 92343V104 14549955 269045 SH SOLE 1 203516 0 65529 VERTEX PHARMACEUTICAL COMMON 92532F100 365654 4600 SH SOLE 4600 0 0 VIRTUS INSIGHT TR EMR MUTUAL 92828T889 518975 56657 SH SOLE 56657 0 0 VISA INC COM CL A COMMON 92826C839 16180797 211569 SH SOLE 1 131198 0 79971 WAL MART STORES INC COMMON 931142103 8775213 128124 SH SOLE 1 97649 0 29675 WEC ENERGY GROUP INC COMMON 92939U106 266110 4430 SH SOLE 2930 0 1500 WELLS FARGO & CO NEW COMMON 949746101 1838647 38020 SH SOLE 1 28315 0 9705 WELLS FARGO & CO NEW PREFERR 949746879 580635 20700 SH SOLE 14100 0 6600 WEYERHAEUSER CO COMMON 962166104 419686 13547 SH SOLE 13547 0 0 WHIRLPOOL CORP COMMON 963320106 6751749 37439 SH SOLE 1 23194 0 13945 XILINX INC COM COMMON 983919101 308295 6500 SH SOLE 6500 0 0 YUM BRANDS INC COMMON 988498101 278290 3400 SH SOLE 2800 0 600