0001278249-17-000002.txt : 20170131 0001278249-17-000002.hdr.sgml : 20170131 20170131120007 ACCESSION NUMBER: 0001278249-17-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161231 FILED AS OF DATE: 20170131 DATE AS OF CHANGE: 20170131 EFFECTIVENESS DATE: 20170131 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: 17560001 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 12-31-2016 12-31-2016 TOWER BRIDGE ADVISORS

101 WEST ELM STREET STE 355 CONSHOHOCKEN PA 19428

13F HOLDINGS REPORT 028-10708 N Jeffrey Kachel 6102602205 Jeffrey Kachel Conshohocken PA 01-31-2016 0 210 825047770 false INFORMATION TABLE 2 aci_13f.xml 1/100 BERKSHIRE HTWY COMMON 084990175 732363 300 SH SOLE 300 0 0 3M CO. COMMON 88579Y101 20516443 114893 SH SOLE 1 90147 0 24746 A T & T INC (NEW) COMMON 00206R102 8694625 204435 SH SOLE 1 155393 0 49042 ABBOTT LABS COMMON 002824100 1689349 43982 SH SOLE 1 33627 0 10355 ABBVIE INC COM COMMON 00287Y109 2417883 38612 SH SOLE 1 28757 0 9855 ACCENTURE PLC COMMON G1151C101 15109536 128998 SH SOLE 1 80759 0 48239 ADOBE SYS INC COMMON 00724F101 411800 4000 SH SOLE 4000 0 0 AETNA INC COMMON 00817Y108 5420105 43707 SH SOLE 1 32500 0 11207 AIR PRODS & CHEMS INC COMMON 009158106 5960620 41445 SH SOLE 1 35976 0 5469 ALLETE INC NEW COMMON 018522300 260932 4065 SH SOLE 4065 0 0 ALPHABET CLASS A COMMON 02079K305 11610977 14652 SH SOLE 1 10496 0 4156 ALPHABET CLASS C COMMON 02079K107 13497585 17488 SH SOLE 1 12687 0 4801 ALTRIA GROUP INC COMMON 02209S103 817864 12095 SH SOLE 1 8845 0 3250 AMAZON COM INC COMMON 023135106 599896 800 SH SOLE 700 0 100 AMERICAN EXPRESS CO. COMMON 025816109 1182539 15963 SH SOLE 10338 0 5625 AMGEN INC COMMON 031162100 2399891 16414 SH SOLE 13481 0 2933 ANADARKO PETROLEUM COMMON 032511107 1035491 14850 SH SOLE 1 11690 0 3160 APPLE INC COMMON 037833100 16317996 140891 SH SOLE 1 113528 0 27363 AQUA AMERICA INC COMMON 03836W103 745444 24815 SH SOLE 17824 0 6991 AUTOMATIC DATA PROCES COMMON 053015103 7933802 77192 SH SOLE 1 53337 0 23855 BAXTER INTERNATIONAL COMMON 071813109 658538 14852 SH SOLE 14852 0 0 BB&T CORP COMMON 054937107 14020553 298183 SH SOLE 1 215190 0 82993 BECTON DICKINSON & CO COMMON 075887109 17185911 103811 SH SOLE 1 69591 0 34220 BERKSHIRE HATHAWAY IN COMMON 084670702 3849914 23622 SH SOLE 21748 0 1874 BERKSHIRE HATHAWAY IN COMMON 084670108 244121 1 SH SOLE 1 0 0 BLACKSTONE GROUP L.P. COMMON 09253U108 6145406 227355 SH SOLE 1 161135 0 66220 BOEING CO. COMMON 097023105 735744 4726 SH SOLE 4311 0 415 BOSTON PROPERTIES INC COMMON 101121101 213826 1700 SH SOLE 1700 0 0 BP PLC ADR COMMON 055622104 958053 25630 SH SOLE 25630 0 0 BRISTOL MYERS SQUIBB COMMON 110122108 12608488 215751 SH SOLE 1 160926 0 54825 BRYN MAWR BANK CORP COMMON 117665109 792167 18794 SH SOLE 12000 0 6794 CAMPBELL SOUP CO COMMON 134429109 1064272 17600 SH SOLE 17600 0 0 CARNIVAL CORP COMMON 143658300 15309076 294066 SH SOLE 1 215364 0 78702 CATERPILLAR INC COMMON 149123101 2076449 22390 SH SOLE 1 18290 0 4100 CELGENE CORP COMMON 151020104 284745 2460 SH SOLE 2460 0 0 CHECK POINT SOFTWARE COMMON M22465104 3240730 38370 SH SOLE 1 25470 0 12900 CHEVRON CORP COMMON 166764100 10635725 90363 SH SOLE 1 70964 0 19399 CISCO SYSTEMS INC COMMON 17275R102 589350 19502 SH SOLE 1 11417 0 8085 COCA COLA CO. COMMON 191216100 1826893 44064 SH SOLE 37040 0 7024 COGNIZANT TECHNOLOGY COMMON 192446102 9798526 174880 SH SOLE 1 134236 0 40644 COLGATE PALMOLIVE CO COMMON 194162103 9573610 146296 SH SOLE 1 107803 0 38493 COMCAST CORP NEW CL A COMMON 20030N101 4524431 65524 SH SOLE 1 40233 0 25291 COMERICA INC COMMON 200340107 852397 12515 SH SOLE 1 10015 0 2500 CONCHO RES INC COM COMMON 20605P101 228072 1720 SH SOLE 1720 0 0 CONOCOPHILLIPS COMMON 20825C104 1250542 24941 SH SOLE 21693 0 3248 CORNING INC COMMON 219350105 1153990 47548 SH SOLE 47548 0 0 COSTCO WHOLESALE COMMON 22160K105 1546342 9658 SH SOLE 1 5308 0 4350 CULLEN FROST BANKERS COMMON 229899109 3846387 43595 SH SOLE 1 24920 0 18675 CVS HEALTH CORP. COMMON 126650100 11959736 151562 SH SOLE 1 92000 0 59562 DANAHER CORP SHS BEN COMMON 235851102 5682554 73003 SH SOLE 1 42938 0 30065 DEERE & CO. COMMON 244199105 206080 2000 SH SOLE 2000 0 0 DENTSPLY SIRONA INC C COMMON 24906P109 3875761 67136 SH SOLE 1 35267 0 31869 DIAGEO PLC ADR SPONSO COMMON 25243Q205 10278938 98893 SH SOLE 1 72958 0 25935 DIGITAL REALTY TRUST COMMON 253868103 12944576 131738 SH SOLE 1 98328 0 33410 DISNEY WALT COMPANY COMMON 254687106 8129368 78002 SH SOLE 1 60762 0 17240 DODGE & COX BALANCED MUTUAL 256201104 245265 2373 SH SOLE 2373 0 0 DOMINION RES INC VA N COMMON 25746U109 852064 11125 SH SOLE 1 10325 0 800 DU PONT E I DE NEMOUR COMMON 263534109 3320543 45239 SH SOLE 43039 0 2200 DUKE ENERGY CORPORATI COMMON 26441C204 427453 5507 SH SOLE 1 4707 0 800 DUNKIN BRANDS GROUP I COMMON 265504100 8347819 159188 SH SOLE 123163 0 36025 EATON VANCE NATL MUNS MUTUAL 27826L249 100689 10316 SH SOLE 10316 0 0 ECOLAB INC COMMON 278865100 708009 6040 SH SOLE 6040 0 0 EMERSON ELECTRIC CO COMMON 291011104 3189681 57214 SH SOLE 1 47815 0 9399 ENTERPRISE PRODS PART COMMON 293792107 5833956 215753 SH SOLE 1 127300 0 88453 EOG RESOURCES INC COMMON 26875P101 204842 2026 SH SOLE 1226 0 800 EQT CORP COM COMMON 26884L109 222360 3400 SH SOLE 400 0 3000 EVERSOURCE ENERGY COM COMMON 30040W108 221251 4006 SH SOLE 2544 0 1462 EXPEDIA INC DEL COM N COMMON 30212P303 1086129 9588 SH SOLE 7783 0 1805 EXPRESS SCRIPTS COMMON 30219G108 2185871 31776 SH SOLE 1 20336 0 11440 EXXON MOBIL COMMON 30231G102 26142387 289634 SH SOLE 1 228839 0 60795 FACEBOOK INC CL A COMMON 30303M102 6146546 53425 SH SOLE 1 31180 0 22245 FEDEX CORP COMMON 31428X106 10696631 57447 SH SOLE 1 40781 0 16666 FLUOR CORP NEW COM COMMON 343412102 4478643 85275 SH SOLE 1 67410 0 17865 FORTIVE CORP COM COMMON 34959J108 4135088 77104 SH SOLE 1 46583 0 30521 FORTUNE BRANDS HOME & COMMON 34964C106 296703 5550 SH SOLE 5550 0 0 FULTON FINL CORP PA COMMON 360271100 288054 15322 SH SOLE 10322 0 5000 GENERAL ELECTRIC CO COMMON 369604103 19370774 612999 SH SOLE 1 499088 0 113911 GENERAL MILLS INC COMMON 370334104 2106357 34100 SH SOLE 29200 0 4900 GENESEE & WYO INC CL COMMON 371559105 354685 5110 SH SOLE 950 0 4160 GILEAD SCIENCES INC COMMON 375558103 234594 3276 SH SOLE 3176 0 100 GLAXOSMITHKLINE PLC A COMMON 37733W105 892739 23182 SH SOLE 1 20176 0 3006 GOLDMAN SACHS GROUP I COMMON 38141G104 5108426 21334 SH SOLE 1 17246 0 4088 GOLDMAN SACHS GROUP I PREFERR 38143Y665 3312948 149975 SH SOLE 1 129125 0 20850 GOLDMAN SACHS GROUP I PREFERR 38144G804 977536 44800 SH SOLE 1 22200 0 22600 GRAINGER W W INC COMMON 384802104 740878 3190 SH SOLE 3060 0 130 HALLIBURTON CO. COMMON 406216101 4366794 80732 SH SOLE 1 61927 0 18805 HCP INC COMMON 40414L109 239959 8074 SH SOLE 1 3088 0 4986 HERSHEY FOODS CORP COMMON 427866108 1183446 11442 SH SOLE 5042 0 6400 HOME DEPOT INC COMMON 437076102 2149571 16032 SH SOLE 1 14857 0 1175 HONEYWELL INTL INC COMMON 438516106 773415 6676 SH SOLE 3366 0 3310 ILLINOIS TOOL WORKS I COMMON 452308109 2797231 22842 SH SOLE 1 18427 0 4415 IMPERIAL OIL LTD COM COMMON 453038408 225940 6500 SH SOLE 1 2500 0 4000 INGERSOLL-RAND PLC COMMON G47791101 283276 3775 SH SOLE 3775 0 0 INTEL CORP COMMON 458140100 2582098 71191 SH SOLE 1 51128 0 20063 INTERCONTINENTALEXCHA COMMON 45866F104 278151 4930 SH SOLE 2930 0 2000 INT'L BUSINESS MACHIN COMMON 459200101 6910164 41630 SH SOLE 1 34110 0 7520 INVESCO LTD SHS COMMON G491BT108 3038703 100155 SH SOLE 1 64100 0 36055 INVESTMENT MANAGERS S MUTUAL 46141Q493 196081 14428 SH SOLE 14428 0 0 J P MORGAN CHASE & CO COMMON 46625H100 6707235 77729 SH SOLE 1 61306 0 16423 JACOBS ENGINEERING COMMON 469814107 7336470 128710 SH SOLE 1 99595 0 29115 JOHNSON & JOHNSON COMMON 478160104 23611642 204944 SH SOLE 1 168548 0 36396 JOHNSON CONTROLS INTE COMMON G51502105 719013 17456 SH SOLE 15369 0 2087 JUNIPER NETWORKS INC COMMON 48203R104 6948484 245877 SH SOLE 1 199277 0 46600 KELLOGG CO. COMMON 487836108 593071 8046 SH SOLE 650 0 7396 KEYCORP NEW COMMON 493267108 12457984 681882 SH SOLE 1 523132 0 158750 KIMBERLY CLARK CORP COMMON 494368103 2963126 25965 SH SOLE 25965 0 0 KINDER MORGAN INC COMMON 49456B101 1961589 94717 SH SOLE 1 70384 0 24333 KRAFT HEINZ COMPANY COMMON 500754106 414595 4748 SH SOLE 4282 0 466 KRAIG BIOCRAFT LABORA COMMON 50075W104 5350 100000 SH SOLE 100000 0 0 L-3 COMMUNICATIONS HO COMMON 502424104 752945 4950 SH SOLE 1 1900 0 3050 LENNAR CORP COMMON 526057104 7037901 163939 SH SOLE 1 128174 0 35765 LILLY, ELI AND COMPAN COMMON 532457108 228079 3101 SH SOLE 2008 0 1093 LINCOLN NATL CORP COMMON 534187109 500339 7550 SH SOLE 7329 0 221 LORD ABBETT INVT TR S MUTUAL 543916464 48999 11395 SH SOLE 11395 0 0 LOWE'S COS INC COMMON 548661107 2103161 29572 SH SOLE 1 25108 0 4464 MAGELLAN MIDSTREAM PA COMMON 559080106 1111761 14700 SH SOLE 1 5000 0 9700 MAIRS & PWR FDS TR CO MUTUAL 56064V205 222159 1952 SH SOLE 1952 0 0 MARRIOTT INTL INC NEW COMMON 571903202 830521 10045 SH SOLE 1 7610 0 2435 MARSH & MCLENNAN COS COMMON 571748102 304155 4500 SH SOLE 0 0 4500 MCDONALD'S CORP COMMON 580135101 16136055 132567 SH SOLE 1 101546 0 31021 MEDNAX INC COM COMMON 58502B106 1620838 24315 SH SOLE 1 16740 0 7575 MEDTRONIC PLC COMMON G5960L103 8514193 119531 SH SOLE 1 84578 0 34953 MERCK & COMPANY COMMON 58933Y105 6889737 117033 SH SOLE 1 90639 0 26394 METLIFE INC PFD A FLT PREFERR 59156R504 2923130 125564 SH SOLE 95539 0 30025 MICROSOFT CORP COMMON 594918104 21701276 349232 SH SOLE 1 244000 0 105232 MONDELEZ INTL INC COMMON 609207105 513740 11589 SH SOLE 10200 0 1389 NESTLE S A REG ADR COMMON 641069406 459999 6400 SH SOLE 6150 0 250 NEXTERA ENERGY INC COMMON 65339F101 1367698 11449 SH SOLE 10809 0 640 NIKE INC CL B COMMON 654106103 4759874 93643 SH SOLE 1 55973 0 37670 NOBLE ENERGY COMMON 655044105 357764 9400 SH SOLE 1 6600 0 2800 NORDSTROM INC COMMON 655664100 488167 10185 SH SOLE 1 3335 0 6850 NORFOLK SOUTHERN CORP COMMON 655844108 1367194 12651 SH SOLE 1 10301 0 2350 NOVARTIS AG SPONSORED COMMON 66987V109 9024148 123890 SH SOLE 1 75465 0 48425 NUVEEN TAX FREE ADV M MUTUAL 670657105 416421 31216 SH SOLE 25834 0 5382 NVIDIA CORP COMMON 67066G104 939312 8800 SH SOLE 1 1300 0 7500 NXP SEMICONDUCTORS N COMMON N6596X109 2107215 21500 SH SOLE 15050 0 6450 ONEOK INC NEW COM COMMON 682680103 275568 4800 SH SOLE 1500 0 3300 ORACLE SYS CORP COMMON 68389X105 9794099 254723 SH SOLE 1 193938 0 60785 PENTAIR PLC SHS COMMON G7S00T104 222878 3975 SH SOLE 1375 0 2600 PEPSICO INC COMMON 713448108 14721860 140704 SH SOLE 1 101671 0 39033 PERRIGO CO PLC COMMON G97822103 4388551 52728 SH SOLE 42963 0 9765 PFIZER INC COMMON 717081103 7090774 218312 SH SOLE 1 197696 0 20616 PHILIP MORRIS INTL IN COMMON 718172109 1618458 17690 SH SOLE 1 14775 0 2915 PHILLIPS 66 COM COMMON 718546104 1030180 11922 SH SOLE 11706 0 216 PIONEER NATURAL RES C COMMON 723787107 696871 3870 SH SOLE 1 2570 0 1300 PNC FINANCIAL CORP COMMON 693475105 777199 6645 SH SOLE 5827 0 818 PPG INDUSTRIES INC COMMON 693506107 1758746 18560 SH SOLE 1 18060 0 500 PPL CORP COMMON 69351T106 265794 7806 SH SOLE 7806 0 0 PRAXAIR INC COMMON 74005P104 3614726 30845 SH SOLE 1 22035 0 8810 PROCTER & GAMBLE CO COMMON 742718109 13961064 166045 SH SOLE 1 135622 0 30423 PUBLIC SVC ENTERPRISE COMMON 744573106 300578 6850 SH SOLE 5250 0 1600 QNB CORP COMMON 74726N107 208249 5817 SH SOLE 5174 0 643 QUALCOMM INC COMMON 747525103 1467391 22506 SH SOLE 1 18606 0 3900 RALPH LAUREN CORP COMMON 751212101 3305260 36595 SH SOLE 32130 0 4465 RANGE RES CORP COM COMMON 75281A109 323328 9410 SH SOLE 1 5910 0 3500 RAYMOND JAMES FINANCI COMMON 754730109 5854216 84513 SH SOLE 1 46073 0 38440 RAYTHEON CO NEW COMMON 755111507 475558 3349 SH SOLE 3349 0 0 ROCHE HLDG LTD ADR COMMON 771195104 7698367 269105 SH SOLE 1 204635 0 64470 ROYAL DUTCH SHELL PLC COMMON 780259206 615854 11325 SH SOLE 11025 0 300 SCHLUMBERGER LTD COMMON 806857108 15191760 180962 SH SOLE 1 129343 0 51619 SCHWAB CAP TR TARGET MUTUAL 808509558 464464 35001 SH SOLE 35001 0 0 SCHWAB CHARLES CORP N COMMON 808513105 11092294 281031 SH SOLE 1 190081 0 90950 SCHWAB S&P 500 INDEX MUTUAL 808509855 364893 10601 SH SOLE 10601 0 0 SEALED AIR CORP NEW COMMON 81211K100 336786 7428 SH SOLE 7428 0 0 SIGNET JEWELERS LIMIT COMMON G81276100 961923 10205 SH SOLE 1 7715 0 2490 SIMON PPTY GROUP INC COMMON 828806109 629840 3545 SH SOLE 3545 0 0 SPECTRA ENERGY CORP COMMON 847560109 13444155 327188 SH SOLE 1 235348 0 91840 STATE STREET CORP COMMON 857477103 2285357 29405 SH SOLE 1 15975 0 13430 SYNCHRONY FINANCIAL COMMON 87165B103 12597224 347318 SH SOLE 1 258898 0 88420 SYSCO CORP COMMON 871829107 300382 5425 SH SOLE 5425 0 0 TAIWAN SEMICONDUCTOR COMMON 874039100 4589133 159622 SH SOLE 1 126882 0 32740 TELEFLEX INC COMMON 879369106 273955 1700 SH SOLE 1700 0 0 TEMPLETON WORLD A MUTUAL 880196100 207326 13056 SH SOLE 0 0 13056 TEXAS INSTRUMENTS INC COMMON 882508104 1334986 18295 SH SOLE 18295 0 0 TEXAS PAC LAND TRUST COMMON 882610108 1424496 4800 SH SOLE 2000 0 2800 THERMO FISHER SCIENTI COMMON 883556102 3001056 21269 SH SOLE 21119 0 150 TOLL BROTHERS INC COMMON 889478103 5025751 162121 SH SOLE 1 95341 0 66780 TRACTOR SUPPLY CO COMMON 892356106 676074 8918 SH SOLE 1318 0 7600 UNILEVER N V COMMON 904784709 541089 13178 SH SOLE 7235 0 5943 UNILEVER PLC SPON ADR COMMON 904767704 6600278 162169 SH SOLE 1 107160 0 55009 UNION PACIFIC CORP COMMON 907818108 1580602 15245 SH SOLE 1 5259 0 9986 UNITED NAT FOODS INC COMMON 911163103 3448009 72255 SH SOLE 1 47475 0 24780 UNITED PARCEL SVC INC COMMON 911312106 396998 3463 SH SOLE 2463 0 1000 UNITED TECHNOLOGIES C COMMON 913017109 10940076 99800 SH SOLE 1 70948 0 28852 UNIVEST CORP PA COMMON 915271100 439985 14239 SH SOLE 14239 0 0 URBAN OUTFITTERS INC COMMON 917047102 1570672 55150 SH SOLE 33030 0 22120 US BANCORP DEL PFD B PREFERR 902973155 2976832 138072 SH SOLE 115447 0 22625 US BANCORP NEW COMMON 902973304 283460 5518 SH SOLE 1 1018 0 4500 VANGUARD EQUITY-INCOM MUTUAL 921921102 252773 7749 SH SOLE 7749 0 0 VANGUARD INDEX FDS LA MUTUAL 922908637 886524 8660 SH SOLE 6310 0 2350 VANGUARD INDEX FDS LC MUTUAL 922908579 206619 4000 SH SOLE 0 0 4000 VANGUARD MORGAN GROWT MUTUAL 921928107 246344 10108 SH SOLE 1 0 0 10108 VANGUARD SPECIALIZED MUTUAL 921908885 442241 5675 SH SOLE 0 0 5675 VANGUARD WINDSOR II A MUTUAL 922018304 232301 3726 SH SOLE 3726 0 0 VANGUARD/PRIMECAP FD MUTUAL 921936209 363047 3336 SH SOLE 1025 0 2311 VANGUARD/WELLESLEY IN MUTUAL 921938205 251693 4079 SH SOLE 0 0 4079 VANGUARD/WELLINGTON F MUTUAL 921935201 383162 5681 SH SOLE 0 0 5681 VERIZON COMMUNICATION COMMON 92343V104 14078069 263733 SH SOLE 1 197400 0 66333 VERSUM MATERIALS, INC COMMON 92532W103 564039 20094 SH SOLE 1 17435 0 2659 VERTEX PHARMACEUTICAL COMMON 92532F100 213643 2900 SH SOLE 2900 0 0 VISA INC COM CL A COMMON 92826C839 14694287 188340 SH SOLE 1 114453 0 73887 WAL MART STORES INC COMMON 931142103 8669376 125425 SH SOLE 1 94945 0 30480 WEC ENERGY GROUP INC COMMON 92939U106 263925 4500 SH SOLE 2400 0 2100 WELLS FARGO & CO NEW COMMON 949746101 1706977 30974 SH SOLE 1 21269 0 9705 WELLS FARGO & CO NEW PREFERR 949746879 264300 10000 SH SOLE 8000 0 2000 WEYERHAEUSER CO COMMON 962166104 494890 16447 SH SOLE 1 12447 0 4000 WHIRLPOOL CORP COMMON 963320106 7094665 39031 SH SOLE 1 25246 0 13785 WSFS FINL CORP COM COMMON 929328102 343407 7409 SH SOLE 0 0 7409 XILINX INC COM COMMON 983919101 392405 6500 SH SOLE 6500 0 0 YUM BRANDS INC COMMON 988498101 212156 3350 SH SOLE 2750 0 600