0001278249-17-000008.txt : 20171106 0001278249-17-000008.hdr.sgml : 20171106 20171106101707 ACCESSION NUMBER: 0001278249-17-000008 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170930 FILED AS OF DATE: 20171106 DATE AS OF CHANGE: 20171106 EFFECTIVENESS DATE: 20171106 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: 171178579 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 09-30-2017 09-30-2017 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 11-06-2017 0 201 879956510 false INFORMATION TABLE 2 aci_13f.xml 1/100 BERKSHIRE HTWY COMMON 084990175 824220 300 SH SOLE 300 0 0 3M CO. COMMON 88579Y101 22743085 108352 SH SOLE 1 84535 0 23817 A T & T INC (NEW) COMMON 00206R102 8094955 206662 SH SOLE 1 154005 0 52657 ABBOTT LABS COMMON 002824100 2344585 43939 SH SOLE 1 33340 0 10599 ABBVIE INC COMMON 00287Y109 3118364 35093 SH SOLE 1 25836 0 9257 ACCENTURE PLC COMMON G1151C101 17814923 131894 SH SOLE 1 83490 0 48404 ADOBE SYS INC COMMON 00724F101 596720 4000 SH SOLE 1 3900 0 100 AETNA INC COMMON 00817Y108 6471230 40697 SH SOLE 1 30015 0 10682 AIR PRODS & CHEMS INC COMMON 009158106 5503652 36395 SH SOLE 1 30926 0 5469 ALLETE INC NEW COMMON 018522300 314184 4065 SH SOLE 1 4065 0 0 ALPHABET CLASS A COMMON 02079K305 12464590 12801 SH SOLE 1 9227 0 3574 ALPHABET CLASS C COMMON 02079K107 16547521 17253 SH SOLE 1 12519 0 4734 ALTRIA GROUP INC COMMON 02209S103 751717 11853 SH SOLE 1 9603 0 2250 AMAZON COM INC COMMON 023135106 855602 890 SH SOLE 1 770 0 120 AMERICAN EXPRESS CO. COMMON 025816109 1203118 13300 SH SOLE 1 9690 0 3610 AMERICAN WTR WKS CO I COMMON 030420103 218457 2700 SH SOLE 2700 0 0 AMGEN INC COMMON 031162100 1588368 8519 SH SOLE 1 6536 0 1983 ANADARKO PETROLEUM COMMON 032511107 555913 11380 SH SOLE 1 9305 0 2075 APPLE INC COMMON 037833100 21694394 140763 SH SOLE 1 112075 0 28688 AQUA AMERICA INC COMMON 03836W103 727261 21912 SH SOLE 1 17323 0 4589 AUTOMATIC DATA PROCES COMMON 053015103 2827562 25865 SH SOLE 1 14615 0 11250 AVERY DENNISON CORP COMMON 053611109 245850 2500 SH SOLE 1 1500 0 1000 BAXTER INTERNATIONAL COMMON 071813109 899961 14342 SH SOLE 1 14342 0 0 BB&T CORP COMMON 054937107 14004971 298359 SH SOLE 1 214516 0 83843 BECTON DICKINSON & CO COMMON 075887109 19191539 97941 SH SOLE 1 66887 0 31054 BERKSHIRE HATHAWAY IN COMMON 084670702 3764660 20536 SH SOLE 1 18755 0 1781 BERKSHIRE HATHAWAY IN COMMON 084670108 274740 1 SH SOLE 1 1 0 0 BLACKROCK INC COMMON 09247X101 241429 540 SH SOLE 390 0 150 BLACKSTONE GROUP LP COMMON 09253U108 7355582 220425 SH SOLE 1 153500 0 66925 BOEING CO. COMMON 097023105 634508 2496 SH SOLE 1 2136 0 360 BOSTON PROPERTIES INC COMMON 101121101 208896 1700 SH SOLE 1700 0 0 BP PLC ADR COMMON 055622104 787401 20489 SH SOLE 1 20489 0 0 BRISTOL MYERS SQUIBB COMMON 110122108 12528096 196550 SH SOLE 1 148205 0 48345 BRYN MAWR BANK CORP COMMON 117665109 385177 8794 SH SOLE 2000 0 6794 CAMPBELL SOUP CO COMMON 134429109 824032 17600 SH SOLE 1 17600 0 0 CARNIVAL CORP COMMON 143658300 17868714 276734 SH SOLE 1 198459 0 78275 CATERPILLAR INC COMMON 149123101 2729902 21890 SH SOLE 1 18090 0 3800 CELGENE CORP COMMON 151020104 394006 2702 SH SOLE 1 2702 0 0 CHECK POINT SOFTWARE COMMON M22465104 5148117 45151 SH SOLE 1 32001 0 13150 CHEVRON CORP COMMON 166764100 10735270 91364 SH SOLE 1 69492 0 21872 CISCO SYSTEMS INC COMMON 17275R102 632311 18802 SH SOLE 1 10967 0 7835 COCA COLA CO. COMMON 191216100 1916931 42589 SH SOLE 1 36165 0 6424 COGNIZANT TECHNOLOGY COMMON 192446102 12909363 177962 SH SOLE 1 134053 0 43909 COLGATE PALMOLIVE CO COMMON 194162103 6976116 95760 SH SOLE 1 70212 0 25548 COMCAST CORP NEW CL A COMMON 20030N101 5829499 151494 SH SOLE 1 91014 0 60480 COMERICA INC COMMON 200340107 790054 10360 SH SOLE 1 7910 0 2450 COMMSCOPE HLDG CO INC COMMON 20337X109 3170559 95470 SH SOLE 1 68070 0 27400 CONCHO RES INC COMMON 20605P101 218655 1660 SH SOLE 1660 0 0 CONOCOPHILLIPS COMMON 20825C104 1216665 24309 SH SOLE 1 21693 0 2616 CONSOLIDATED EDISON I COMMON 209115104 208235 2581 SH SOLE 1 975 0 1606 CORNING INC COMMON 219350105 1422636 47548 SH SOLE 1 47548 0 0 COSTCO WHOLESALE COMMON 22160K105 1422423 8658 SH SOLE 1 4308 0 4350 CULLEN FROST BANKERS COMMON 229899109 4240076 44670 SH SOLE 1 26395 0 18275 CVS HEALTH CORP. COMMON 126650100 13827224 170035 SH SOLE 1 106053 0 63982 DANAHER CORP COMMON 235851102 5801645 67634 SH SOLE 1 40099 0 27535 DEERE & CO. COMMON 244199105 251180 2000 SH SOLE 2000 0 0 DENTSPLY SIRONA INC COMMON 24906P109 4142201 69256 SH SOLE 1 38792 0 30464 DIAGEO PLC COMMON 25243Q205 11882451 89930 SH SOLE 1 66300 0 23630 DIGITAL REALTY TRUST COMMON 253868103 14791250 125000 SH SOLE 1 91660 0 33340 DISNEY WALT COMPANY COMMON 254687106 6648547 67450 SH SOLE 1 51700 0 15750 DODGE & COX BALANCED MUTUAL 256201104 258080 2373 SH SOLE 2373 0 0 DOMINION RES INC VA COMMON 25746U109 832767 10825 SH SOLE 1 10025 0 800 DOWDUPONT INC COM COMMON 26078J100 3731012 53893 SH SOLE 1 51329 0 2564 DUKE ENERGY CORPORATI COMMON 26441C204 455182 5424 SH SOLE 1 4624 0 800 EASTMAN CHEMICAL CO COMMON 277432100 222605 2460 SH SOLE 1 2460 0 0 EATON VANCE NATL MUNS MUTUAL 27826L249 105527 10627 SH SOLE 10627 0 0 ECOLAB INC COMMON 278865100 776804 6040 SH SOLE 6040 0 0 EMERSON ELECTRIC CO COMMON 291011104 3774108 60059 SH SOLE 1 49450 0 10609 ENBRIDGE INC COMMON 29250N105 8617701 205968 SH SOLE 1 138273 0 67695 ENTERPRISE PRODS PART COMMON 293792107 5549919 212885 SH SOLE 1 125935 0 86950 EQT CORP COMMON 26884L109 221816 3400 SH SOLE 1 400 0 3000 EVERSOURCE ENERGY COM COMMON 30040W108 226166 3742 SH SOLE 1 2280 0 1462 EXPEDIA INC DEL COMMON 30212P303 8510021 59122 SH SOLE 1 42612 0 16510 EXPRESS SCRIPTS COMMON 30219G108 244035 3854 SH SOLE 1 2639 0 1215 EXXON MOBIL COMMON 30231G102 20850239 254333 SH SOLE 1 205841 0 48492 FACEBOOK INC CL/A COMMON 30303M102 9384180 54920 SH SOLE 1 31485 0 23435 FEDEX CORP COMMON 31428X106 13159660 58337 SH SOLE 1 40866 0 17471 FLUOR CORP COMMON 343412102 905150 21500 SH SOLE 1 14950 0 6550 FORTIVE CORP COMMON 34959J108 5335725 75374 SH SOLE 1 48135 0 27239 FORTUNE BRANDS HOME & COMMON 34964C106 3006526 44720 SH SOLE 1 38540 0 6180 GENERAL ELECTRIC CO COMMON 369604103 14604548 603993 SH SOLE 1 475102 0 128891 GENERAL MILLS INC COMMON 370334104 1718432 33200 SH SOLE 1 29200 0 4000 GENESEE & WYO INC CL COMMON 371559105 378191 5110 SH SOLE 1 950 0 4160 GILEAD SCIENCES INC COMMON 375558103 265665 3279 SH SOLE 1 3179 0 100 GLAXOSMITHKLINE PLC COMMON 37733W105 890520 21934 SH SOLE 1 19478 0 2456 GOLDMAN SACHS GROUP I COMMON 38141G104 1729115 7290 SH SOLE 1 5090 0 2200 GOLDMAN SACHS GROUP I PREFERR 38143Y665 3260420 137050 SH SOLE 1 122500 0 14550 GOLDMAN SACHS GROUP I PREFERR 38144G804 940984 40700 SH SOLE 1 19600 0 21100 HALLIBURTON CO. COMMON 406216101 4958260 107718 SH SOLE 1 82643 0 25075 HCP INC COMMON 40414L109 224699 8074 SH SOLE 1 3088 0 4986 HD SUPPLY HLDGS INC COMMON 40416M105 3041422 84320 SH SOLE 1 53545 0 30775 HERSHEY FOODS CORP COMMON 427866108 1249123 11442 SH SOLE 1 5042 0 6400 HOME DEPOT INC COMMON 437076102 2110742 12905 SH SOLE 1 11160 0 1745 HONEYWELL INTL INC COMMON 438516106 918333 6479 SH SOLE 1 2969 0 3510 ILLINOIS TOOL WORKS I COMMON 452308109 2726607 18428 SH SOLE 1 14528 0 3900 ILLUMINA INC COMMON 452327109 242028 1215 SH SOLE 1 1215 0 0 INGERSOLL-RAND PLC COMMON G47791101 292032 3275 SH SOLE 1 3275 0 0 INTEL CORP COMMON 458140100 3713105 97508 SH SOLE 1 70678 0 26830 INTERCONTINENTALEXCHA COMMON 45866F104 326325 4750 SH SOLE 1 2750 0 2000 INT'L BUSINESS MACHIN COMMON 459200101 4953253 34142 SH SOLE 1 27800 0 6342 INVESCO LTD COMMON G491BT108 12052358 343960 SH SOLE 1 258385 0 85575 J P MORGAN CHASE & CO COMMON 46625H100 7175093 75124 SH SOLE 1 58208 0 16916 JACOBS ENGINEERING COMMON 469814107 7516480 128994 SH SOLE 1 100999 0 27995 JOHNSON & JOHNSON COMMON 478160104 26036892 200268 SH SOLE 1 163675 0 36593 JOHNSON CONTROLS INTL COMMON G51502105 585575 14534 SH SOLE 1 14534 0 0 JUNIPER NETWORKS INC COMMON 48203R104 428582 15400 SH SOLE 1 11700 0 3700 KELLOGG CO. COMMON 487836108 430104 6896 SH SOLE 1 200 0 6696 KEYCORP COMMON 493267108 13336435 708631 SH SOLE 1 520256 0 188375 KIMBERLY CLARK CORP COMMON 494368103 2588607 21997 SH SOLE 1 21997 0 0 KINDER MORGAN INC COMMON 49456B101 1404628 73234 SH SOLE 1 59367 0 13867 KONINKLIJKE PHILIPS E COMMON 500472303 220420 5350 SH SOLE 1 5350 0 0 KRAFT HEINZ COMPANY COMMON 500754106 413574 5333 SH SOLE 1 4867 0 466 KRAIG BIOCRAFT LABORA COMMON 50075W104 4780 100000 SH SOLE 1 100000 0 0 L3 TECHNOLOGIES INC COMMON 502413107 876200 4650 SH SOLE 1 1900 0 2750 LEIDOS HLDGS INC COMMON 525327102 11713005 197788 SH SOLE 1 146868 0 50920 LENNAR CORP COMMON 526057104 9513926 180188 SH SOLE 1 135918 0 44270 LINCOLN NATL CORP COMMON 534187109 554774 7550 SH SOLE 1 7329 0 221 LORD ABBETT INVT TR S MUTUAL 543916464 50182 11725 SH SOLE 11725 0 0 LOWE'S COS INC COMMON 548661107 2698135 33752 SH SOLE 1 28888 0 4864 MAGELLAN MIDSTREAM PA COMMON 559080106 978496 13770 SH SOLE 1 5000 0 8770 MARSH & MCLENNAN COS COMMON 571748102 377145 4500 SH SOLE 0 0 4500 MCDONALD'S CORP COMMON 580135101 19516844 124565 SH SOLE 1 95024 0 29541 MEDTRONIC PLC COMMON G5960L103 10475463 134698 SH SOLE 1 91995 0 42703 MERCK & COMPANY COMMON 58933Y105 7789318 121651 SH SOLE 1 93557 0 28094 METLIFE INC PFD A FLT PREFERR 59156R504 2980299 118974 SH SOLE 1 88949 0 30025 MICROSOFT CORP COMMON 594918104 24345646 326831 SH SOLE 1 229692 0 97139 MONDELEZ INTL INC COMMON 609207105 432704 10642 SH SOLE 1 9253 0 1389 NESTLE S A REG ADR COMMON 641069406 459142 5478 SH SOLE 5228 0 250 NEXTERA ENERGY INC COMMON 65339F101 1477517 10082 SH SOLE 1 9442 0 640 NIKE INC CL B COMMON 654106103 2828832 54558 SH SOLE 1 32308 0 22250 NORFOLK SOUTHERN CORP COMMON 655844108 1473947 11146 SH SOLE 1 9296 0 1850 NOVARTIS ADR COMMON 66987V109 8488333 98874 SH SOLE 1 65422 0 33452 NUVEEN PA INVT QUAL M MUTUAL 670972108 185825 13714 SH SOLE 9306 0 4408 NUVEEN TAX FREE ADV M MUTUAL 670657105 578154 41744 SH SOLE 36362 0 5382 NVIDIA CORP COMMON 67066G104 1151815 6443 SH SOLE 1 600 0 5843 NXP SEMICONDUCTORS N COMMON N6596X109 474978 4200 SH SOLE 1 3800 0 400 ONEOK INC NEW COMMON 682680103 375126 6770 SH SOLE 3470 0 3300 ORACLE SYS CORP COMMON 68389X105 13254186 274130 SH SOLE 1 209975 0 64155 PENTAIR PLC SHS COMMON G7S00T104 270141 3975 SH SOLE 1375 0 2600 PEPSICO INC COMMON 713448108 14404333 129268 SH SOLE 1 90444 0 38824 PFIZER INC COMMON 717081103 7408535 207522 SH SOLE 1 191256 0 16266 PHILIP MORRIS INTL IN COMMON 718172109 1847206 16640 SH SOLE 1 13800 0 2840 PHILLIPS 66 COMMON 718546104 1073578 11719 SH SOLE 1 11503 0 216 PIONEER NATURAL RES C COMMON 723787107 1006961 6825 SH SOLE 1 5045 0 1780 PNC FINANCIAL CORP COMMON 693475105 342585 2542 SH SOLE 1 2542 0 0 PPG INDUSTRIES INC COMMON 693506107 1951534 17960 SH SOLE 1 17960 0 0 PPL CORP COMMON 69351T106 296238 7806 SH SOLE 1 7806 0 0 PRAXAIR INC COMMON 74005P104 3059468 21894 SH SOLE 1 15809 0 6085 PROCTER & GAMBLE CO COMMON 742718109 13626984 149780 SH SOLE 1 119861 0 29919 PUBLIC SVC ENTERPRISE COMMON 744573106 326063 7050 SH SOLE 1 5250 0 1800 QUALCOMM INC COMMON 747525103 9341101 180191 SH SOLE 1 134191 0 46000 QUINTILES IMS HOLDING COMMON 74876Y101 10609812 111600 SH SOLE 1 77600 0 34000 RAYMOND JAMES FINANCI COMMON 754730109 7529067 89281 SH SOLE 1 49866 0 39415 RAYTHEON CO NEW COMMON 755111507 652843 3499 SH SOLE 1 3499 0 0 ROCHE HLDG LTD ADR COMMON 771195104 7982270 249956 SH SOLE 1 194871 0 55085 ROCKWELL COLLINS INC COMMON 774341101 1335203 10215 SH SOLE 1 6935 0 3280 ROYAL DUTCH SHELL PLC COMMON 780259206 686069 11325 SH SOLE 1 11025 0 300 SCHLUMBERGER LTD COMMON 806857108 8670959 124297 SH SOLE 1 91423 0 32874 SCHWAB CHARLES CORP COMMON 808513105 12068303 275910 SH SOLE 1 187390 0 88520 SCHWAB S&P 500 INDEX MUTUAL 808509855 416733 10601 SH SOLE 10601 0 0 SEALED AIR CORP COMMON 81211K100 308780 7228 SH SOLE 1 7228 0 0 SIMON PPTY GROUP INC COMMON 828806109 554679 3445 SH SOLE 3445 0 0 SPECTRA ENERGY PARTNE COMMON 84756N109 1326385 29887 SH SOLE 1 24587 0 5300 STATE STREET CORP COMMON 857477103 2417162 25300 SH SOLE 1 15100 0 10200 SYNCHRONY FINANCIAL COMMON 87165B103 10726688 345465 SH SOLE 1 263060 0 82405 SYSCO CORP COMMON 871829107 244124 4525 SH SOLE 1 3525 0 1000 TAIWAN SEMICONDUCTOR COMMON 874039100 5573622 148432 SH SOLE 1 118467 0 29965 TE CONNECTIVITY LTD COMMON H84989104 498775 6005 SH SOLE 1 4805 0 1200 TEMPLETON WORLD A MUTUAL 880196100 227432 13056 SH SOLE 0 0 13056 TEXAS INSTRUMENTS INC COMMON 882508104 1494299 16670 SH SOLE 1 16670 0 0 TEXAS PAC LAND TRUST COMMON 882610108 1818450 4500 SH SOLE 1900 0 2600 THERMO FISHER SCIENTI COMMON 883556102 4260595 22519 SH SOLE 1 21769 0 750 TOLL BROTHERS INC COMMON 889478103 6946474 167506 SH SOLE 1 98691 0 68815 TRACTOR SUPPLY CO COMMON 892356106 401892 6350 SH SOLE 1 1250 0 5100 UNILEVER N V COMMON 904784709 546179 9251 SH SOLE 1 4550 0 4701 UNILEVER PLC ADR COMMON 904767704 4602198 79403 SH SOLE 1 49940 0 29463 UNION PACIFIC CORP COMMON 907818108 1704179 14695 SH SOLE 1 4759 0 9936 UNITED NAT FOODS INC COMMON 911163103 2107781 50680 SH SOLE 1 34650 0 16030 UNITED PARCEL SVC INC COMMON 911312106 355827 2963 SH SOLE 1 1963 0 1000 UNITED TECHNOLOGIES C COMMON 913017109 11165039 96184 SH SOLE 1 66297 0 29887 URBAN OUTFITTERS INC COMMON 917047102 982290 41100 SH SOLE 1 27480 0 13620 US BANCORP DEL PFD B PREFERR 902973155 3064124 130722 SH SOLE 1 110097 0 20625 VANGUARD EQUITY-INCOM MUTUAL 921921102 251008 7043 SH SOLE 7043 0 0 VANGUARD MORGAN GROWT MUTUAL 921928107 301536 10108 SH SOLE 1 0 0 10108 VANGUARD SPECIALIZED MUTUAL 921908885 526233 5834 SH SOLE 0 0 5834 VANGUARD/PRIMECAP FD MUTUAL 921936209 438505 3336 SH SOLE 1025 0 2311 VANGUARD/WELLESLEY IN MUTUAL 921938205 271114 4199 SH SOLE 0 0 4199 VANGUARD/WELLINGTON F MUTUAL 921935201 422922 5819 SH SOLE 0 0 5819 VERIZON COMMUNICATION COMMON 92343V104 10712953 216467 SH SOLE 1 169289 0 47178 VERSUM MATERIALS INC COMMON 92532W103 422168 10875 SH SOLE 1 9175 0 1700 VISA INC COMMON 92826C839 18067603 171680 SH SOLE 1 104463 0 67217 WAL MART STORES INC COMMON 931142103 10336750 132285 SH SOLE 1 100725 0 31560 WEC ENERGY GROUP INC COMMON 92939U106 295066 4700 SH SOLE 1 2400 0 2300 WELLS FARGO & CO COMMON 949746101 1505044 27290 SH SOLE 1 17523 0 9767 WELLS FARGO & CO 8 percent P PREFERR 949746879 234600 9200 SH SOLE 7200 0 2000 WELLS FARGO FDS TR MUTUAL 94984B751 158650 16058 SH SOLE 0 0 16058 WEYERHAEUSER CO COMMON 962166104 4232992 124390 SH SOLE 1 109110 0 15280 WHIRLPOOL CORP COMMON 963320106 10859827 58880 SH SOLE 1 37690 0 21190 WSFS FINL CORP COMMON 929328102 243750 5000 SH SOLE 0 0 5000 XILINX INC COMMON 983919101 460395 6500 SH SOLE 6500 0 0 YUM BRANDS INC COMMON 988498101 246594 3350 SH SOLE 1 2750 0 600