0001278249-18-000002.txt : 20180130 0001278249-18-000002.hdr.sgml : 20180130 20180130115953 ACCESSION NUMBER: 0001278249-18-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20171231 FILED AS OF DATE: 20180130 DATE AS OF CHANGE: 20180130 EFFECTIVENESS DATE: 20180130 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: 18557963 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 12-31-2017 12-31-2017 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 01-30-2017 0 211 932330832 false INFORMATION TABLE 2 aci_13f.xml 1/100 BERKSHIRE HTWY COMMON 084990175 892800 300 SH SOLE 300 0 0 3M CO. COMMON 88579Y101 25027363 106332 SH SOLE 1 83341 0 22991 A T & T INC (NEW) COMMON 00206R102 7878103 202626 SH SOLE 1 153469 0 49157 ABBOTT LABS COMMON 002824100 2509824 43978 SH SOLE 1 33379 0 10599 ABBVIE INC COMMON 00287Y109 3397712 35133 SH SOLE 1 25876 0 9257 ACCENTURE PLC COMMON G1151C101 19761929 129087 SH SOLE 1 84351 0 44736 ADOBE SYS INC COMMON 00724F101 700960 4000 SH SOLE 1 3900 0 100 AETNA INC COMMON 00817Y108 5302023 29392 SH SOLE 1 22205 0 7187 AIR PRODS & CHEMS INC COMMON 009158106 5545084 33795 SH SOLE 1 28326 0 5469 ALLETE INC NEW COMMON 018522300 327035 4398 SH SOLE 1 4065 0 333 ALPHABET CLASS A COMMON 02079K305 13169607 12502 SH SOLE 1 9122 0 3380 ALPHABET CLASS C COMMON 02079K107 17902853 17109 SH SOLE 1 12601 0 4508 ALTRIA GROUP INC COMMON 02209S103 1962918 27488 SH SOLE 1 25238 0 2250 AMAZON COM INC COMMON 023135106 1030303 881 SH SOLE 1 766 0 115 AMERICAN EXPRESS CO. COMMON 025816109 1300961 13100 SH SOLE 1 9490 0 3610 AMERICAN FND WASHINGT MUTUAL 939330106 307957 6746 SH SOLE 0 0 6746 AMERICAN WTR WKS CO I COMMON 030420103 247023 2700 SH SOLE 2700 0 0 AMGEN INC COMMON 031162100 1493801 8590 SH SOLE 1 6607 0 1983 ANADARKO PETROLEUM COMMON 032511107 466936 8705 SH SOLE 1 7305 0 1400 ANHEUSER BUSCH INBEV COMMON 03524A108 211964 1900 SH SOLE 1400 0 500 APPLE INC COMMON 037833100 23774277 140485 SH SOLE 1 113649 0 26836 AQUA AMERICA INC COMMON 03836W103 816457 20812 SH SOLE 1 17223 0 3589 AUTOMATIC DATA PROCES COMMON 053015103 3123817 26656 SH SOLE 1 15506 0 11150 AVERY DENNISON CORP COMMON 053611109 287150 2500 SH SOLE 1 1500 0 1000 BAXTER INTERNATIONAL COMMON 071813109 929459 14379 SH SOLE 1 14379 0 0 BB&T CORP COMMON 054937107 14783297 297331 SH SOLE 1 218048 0 79283 BECTON DICKINSON & CO COMMON 075887109 20789721 97121 SH SOLE 1 67477 0 29644 BERKSHIRE HATHAWAY IN COMMON 084670702 4050824 20436 SH SOLE 1 18655 0 1781 BERKSHIRE HATHAWAY IN COMMON 084670108 297600 1 SH SOLE 1 1 0 0 BLACKROCK INC COMMON 09247X101 264561 515 SH SOLE 365 0 150 BLACKSTONE GROUP LP COMMON 09253U108 7178884 224200 SH SOLE 1 158300 0 65900 BOEING CO. COMMON 097023105 582742 1976 SH SOLE 1 1876 0 100 BOSTON PROPERTIES INC COMMON 101121101 221051 1700 SH SOLE 1700 0 0 BP PLC ADR COMMON 055622104 861162 20489 SH SOLE 1 20489 0 0 BRISTOL MYERS SQUIBB COMMON 110122108 11858844 193519 SH SOLE 1 147674 0 45845 BRYN MAWR BANK CORP COMMON 117665109 388695 8794 SH SOLE 2000 0 6794 CAMPBELL SOUP CO COMMON 134429109 846736 17600 SH SOLE 1 17600 0 0 CARNIVAL CORP COMMON 143658300 18083635 272467 SH SOLE 1 199182 0 73285 CATERPILLAR INC COMMON 149123101 3536726 22444 SH SOLE 1 18119 0 4325 CELGENE CORP COMMON 151020104 501137 4802 SH SOLE 1 4802 0 0 CHECK POINT SOFTWARE COMMON M22465104 5601801 54061 SH SOLE 1 39871 0 14190 CHEVRON CORP COMMON 166764100 11641293 92989 SH SOLE 1 70809 0 22180 CISCO SYSTEMS INC COMMON 17275R102 827625 21609 SH SOLE 1 13774 0 7835 CLEAN ENERGY FUELS CO COMMON 184499101 32937 16225 SH SOLE 0 0 16225 COCA COLA CO. COMMON 191216100 2223987 48474 SH SOLE 1 41985 0 6489 COGNIZANT TECHNOLOGY COMMON 192446102 12738360 179363 SH SOLE 1 136659 0 42704 COLGATE PALMOLIVE CO COMMON 194162103 6737459 89297 SH SOLE 1 66049 0 23248 COMCAST CORP NEW CL A COMMON 20030N101 5916761 147734 SH SOLE 1 91176 0 56558 COMERICA INC COMMON 200340107 865930 9975 SH SOLE 1 7555 0 2420 COMMSCOPE HLDG CO INC COMMON 20337X109 2499050 66060 SH SOLE 1 47210 0 18850 CONCHO RES INC COMMON 20605P101 249365 1660 SH SOLE 1660 0 0 CONOCOPHILLIPS COMMON 20825C104 1348044 24559 SH SOLE 1 21693 0 2866 CONSOLIDATED EDISON I COMMON 209115104 256634 3021 SH SOLE 1 975 0 2046 CORNING INC COMMON 219350105 1521061 47548 SH SOLE 1 47548 0 0 COSTCO WHOLESALE COMMON 22160K105 1609566 8648 SH SOLE 1 4298 0 4350 CULLEN FROST BANKERS COMMON 229899109 3941699 41645 SH SOLE 1 25595 0 16050 CVS HEALTH CORP. COMMON 126650100 11718373 161633 SH SOLE 1 104256 0 57377 DANAHER CORP COMMON 235851102 6227665 67094 SH SOLE 1 40859 0 26235 DEERE & CO. COMMON 244199105 316307 2021 SH SOLE 2021 0 0 DENTSPLY SIRONA INC COMMON 24906P109 4317197 65581 SH SOLE 1 38092 0 27489 DIAGEO PLC COMMON 25243Q205 13217467 90512 SH SOLE 1 67057 0 23455 DIAMONDBACK ENERGY IN COMMON 25278X109 228513 1810 SH SOLE 1810 0 0 DIGITAL REALTY TRUST COMMON 253868103 14444798 126820 SH SOLE 1 93920 0 32900 DISNEY WALT COMPANY COMMON 254687106 7072438 65784 SH SOLE 1 50284 0 15500 DODGE & COX BALANCED MUTUAL 256201104 253927 2373 SH SOLE 2373 0 0 DOMINION RES INC VA COMMON 25746U109 885581 10925 SH SOLE 1 9125 0 1800 DOWDUPONT INC COM COMMON 26078J100 4543337 63793 SH SOLE 1 60829 0 2964 DUKE ENERGY CORPORATI COMMON 26441C204 485651 5774 SH SOLE 1 4591 0 1183 EASTMAN CHEMICAL CO COMMON 277432100 227894 2460 SH SOLE 1 2460 0 0 EATON VANCE NATL MUNS MUTUAL 27826L249 105676 10728 SH SOLE 10728 0 0 ECOLAB INC COMMON 278865100 770193 5740 SH SOLE 5740 0 0 EMERSON ELECTRIC CO COMMON 291011104 5931386 85111 SH SOLE 1 69402 0 15709 ENBRIDGE INC COMMON 29250N105 7744406 198016 SH SOLE 1 132826 0 65190 ENTERPRISE PRODS PART COMMON 293792107 5612291 211705 SH SOLE 1 129635 0 82070 EVERSOURCE ENERGY COM COMMON 30040W108 236420 3742 SH SOLE 1 2280 0 1462 EXPEDIA INC DEL COMMON 30212P303 8093338 67574 SH SOLE 1 50339 0 17235 EXXON MOBIL COMMON 30231G102 21932770 262228 SH SOLE 1 215836 0 46392 F M C CORP COM NEW COMMON 302491303 757280 8000 SH SOLE 8000 0 0 FACEBOOK INC CL/A COMMON 30303M102 9550015 54120 SH SOLE 1 31200 0 22920 FEDERATED EQUITY FDS MUTUAL 314172677 66946 11976 SH SOLE 0 0 11976 FEDERATED HIGH INCOME MUTUAL 314195108 132056 17422 SH SOLE 0 0 17422 FEDEX CORP COMMON 31428X106 14448116 57899 SH SOLE 1 41358 0 16541 FLUOR CORP COMMON 343412102 818653 15850 SH SOLE 1 12100 0 3750 FORTIVE CORP COMMON 34959J108 5476389 75693 SH SOLE 1 47954 0 27739 FORTUNE BRANDS HOME & COMMON 34964C106 3332001 48685 SH SOLE 1 42325 0 6360 FULTON FINL CORP PA COMMON 360271100 218774 12222 SH SOLE 12222 0 0 GENERAL ELECTRIC CO COMMON 369604103 8131019 465961 SH SOLE 1 401988 0 63973 GENERAL MILLS INC COMMON 370334104 1944712 32800 SH SOLE 1 28800 0 4000 GENESEE & WYO INC CL COMMON 371559105 402310 5110 SH SOLE 1 950 0 4160 GILEAD SCIENCES INC COMMON 375558103 230609 3219 SH SOLE 1 3119 0 100 GLAXOSMITHKLINE PLC COMMON 37733W105 869831 24523 SH SOLE 1 22067 0 2456 GOLDMAN SACHS GROUP I COMMON 38141G104 1883950 7395 SH SOLE 1 5275 0 2120 GOLDMAN SACHS GROUP I PREFERR 38143Y665 3064545 135900 SH SOLE 1 122100 0 13800 GOLDMAN SACHS GROUP I PREFERR 38144G804 918284 40650 SH SOLE 1 19550 0 21100 HALLIBURTON CO. COMMON 406216101 7323316 149853 SH SOLE 1 121903 0 27950 HCP INC COMMON 40414L109 210570 8074 SH SOLE 1 3088 0 4986 HD SUPPLY HLDGS INC COMMON 40416M105 1182887 29550 SH SOLE 1 15350 0 14200 HERSHEY FOODS CORP COMMON 427866108 1298781 11442 SH SOLE 1 5042 0 6400 HOME DEPOT INC COMMON 437076102 2529088 13344 SH SOLE 1 11719 0 1625 HONEYWELL INTL INC COMMON 438516106 1005582 6557 SH SOLE 1 3047 0 3510 ILLINOIS TOOL WORKS I COMMON 452308109 2885504 17294 SH SOLE 1 14094 0 3200 ILLUMINA INC COMMON 452327109 265465 1215 SH SOLE 1 1215 0 0 INGERSOLL-RAND PLC COMMON G47791101 292097 3275 SH SOLE 1 3275 0 0 INT'L BUSINESS MACHIN COMMON 459200101 10989556 71631 SH SOLE 1 53619 0 18012 INTEL CORP COMMON 458140100 4671577 101204 SH SOLE 1 71024 0 30180 INTERCONTINENTALEXCHA COMMON 45866F104 335160 4750 SH SOLE 1 2750 0 2000 INVESCO LTD COMMON G491BT108 12298451 336575 SH SOLE 1 256425 0 80150 IQVIA HOLDINGS INC COMMON 46266C105 10752944 109836 SH SOLE 1 77921 0 31915 ISHARES TR S&P 500 IN MUTUAL 464287200 323695 1204 SH SOLE 1104 0 100 J P MORGAN CHASE & CO COMMON 46625H100 8500233 79486 SH SOLE 1 61370 0 18116 JACOBS ENGINEERING COMMON 469814107 8340180 126443 SH SOLE 1 99123 0 27320 JOHNSON CONTROLS INTL COMMON G51502105 394667 10356 SH SOLE 1 10356 0 0 JOHNSON & JOHNSON COMMON 478160104 28204910 201867 SH SOLE 1 166446 0 35421 KELLOGG CO. COMMON 487836108 662533 9746 SH SOLE 1 3050 0 6696 KEYCORP COMMON 493267108 14546322 721186 SH SOLE 1 541611 0 179575 KIMBERLY CLARK CORP COMMON 494368103 2654158 21997 SH SOLE 1 21997 0 0 KINDER MORGAN INC COMMON 49456B101 577842 31978 SH SOLE 1 27133 0 4845 KONINKLIJKE PHILIPS E COMMON 500472303 202230 5350 SH SOLE 1 5350 0 0 KRAFT HEINZ COMPANY COMMON 500754106 759948 9773 SH SOLE 1 9107 0 666 KRAIG BIOCRAFT LABORA COMMON 50075W104 4350 100000 SH SOLE 1 100000 0 0 L3 TECHNOLOGIES INC COMMON 502413107 920003 4650 SH SOLE 1 1900 0 2750 LEIDOS HLDGS INC COMMON 525327102 12999620 201326 SH SOLE 1 153481 0 47845 LENNAR CORP COMMON 526057104 11376750 179898 SH SOLE 1 137753 0 42145 LINCOLN NATL CORP COMMON 534187109 580369 7550 SH SOLE 1 7329 0 221 LORD ABBETT INVT TR S MUTUAL 543916464 50286 11832 SH SOLE 11832 0 0 LOWE'S COS INC COMMON 548661107 3478094 37423 SH SOLE 1 31659 0 5764 MAGELLAN MIDSTREAM PA COMMON 559080106 962656 13570 SH SOLE 1 5000 0 8570 MARSH & MCLENNAN COS COMMON 571748102 366255 4500 SH SOLE 0 0 4500 MCDONALD'S CORP COMMON 580135101 20993993 121973 SH SOLE 1 93257 0 28716 MEDTRONIC PLC COMMON G5960L103 11111442 137603 SH SOLE 1 94990 0 42613 MERCK & COMPANY COMMON 58933Y105 5911107 105049 SH SOLE 1 81570 0 23479 METLIFE INC PFD A FLT PREFERR 59156R504 2904392 116924 SH SOLE 1 88299 0 28625 MICROSOFT CORP COMMON 594918104 26812689 313452 SH SOLE 1 223793 0 89659 MONDELEZ INTL INC COMMON 609207105 1436882 33572 SH SOLE 1 27483 0 6089 NESTLE S A REG ADR COMMON 641069406 438821 5103 SH SOLE 4853 0 250 NEW JERSEY RES COMMON 646025106 201000 5000 SH SOLE 4200 0 800 NEWMONT MNG CORP COMMON 651639106 242004 6450 SH SOLE 0 0 6450 NEXTERA ENERGY INC COMMON 65339F101 1543626 9883 SH SOLE 1 9243 0 640 NIKE INC CL B COMMON 654106103 3093598 49458 SH SOLE 1 31708 0 17750 NORFOLK SOUTHERN CORP COMMON 655844108 1557095 10746 SH SOLE 1 8896 0 1850 NOVARTIS ADR COMMON 66987V109 8749472 104210 SH SOLE 1 71008 0 33202 NUVEEN PA INVT QUAL M MUTUAL 670972108 180339 13714 SH SOLE 9306 0 4408 NUVEEN TAX FREE ADV M MUTUAL 670657105 573980 41744 SH SOLE 36362 0 5382 NVIDIA CORP COMMON 67066G104 1190606 6153 SH SOLE 1 500 0 5653 NXP SEMICONDUCTORS N COMMON N6596X109 526905 4500 SH SOLE 4100 0 400 ONEOK INC NEW COMMON 682680103 361857 6770 SH SOLE 3470 0 3300 ORACLE SYS CORP COMMON 68389X105 13354662 282459 SH SOLE 1 219949 0 62510 PENTAIR PLC SHS COMMON G7S00T104 280715 3975 SH SOLE 1375 0 2600 PEPSICO INC COMMON 713448108 15318701 127741 SH SOLE 1 89630 0 38111 PFIZER INC COMMON 717081103 7521300 207656 SH SOLE 1 191140 0 16516 PHILIP MORRIS INTL IN COMMON 718172109 3336321 31579 SH SOLE 1 28739 0 2840 PHILLIPS 66 COMMON 718546104 1177791 11644 SH SOLE 1 11428 0 216 PIONEER NATURAL RES C COMMON 723787107 1812332 10485 SH SOLE 1 7155 0 3330 PNC FINANCIAL CORP COMMON 693475105 487700 3380 SH SOLE 1 3380 0 0 PPG INDUSTRIES INC COMMON 693506107 2098087 17960 SH SOLE 1 17960 0 0 PPL CORP COMMON 69351T106 303496 9806 SH SOLE 1 7806 0 2000 PRAXAIR INC COMMON 74005P104 3146810 20344 SH SOLE 1 15209 0 5135 PROCTER & GAMBLE CO COMMON 742718109 13325265 145029 SH SOLE 1 116900 0 28129 PUBLIC SVC ENTERPRISE COMMON 744573106 363075 7050 SH SOLE 1 5250 0 1800 QUALCOMM INC COMMON 747525103 10138271 158361 SH SOLE 1 125636 0 32725 RAYMOND JAMES FINANCI COMMON 754730109 7901175 88479 SH SOLE 1 51509 0 36970 RAYTHEON CO NEW COMMON 755111507 657287 3499 SH SOLE 1 3499 0 0 ROCHE HLDG LTD ADR COMMON 771195104 8095646 256039 SH SOLE 1 199119 0 56920 ROCKWELL COLLINS INC COMMON 774341101 1192100 8790 SH SOLE 1 6510 0 2280 ROYAL DUTCH SHELL PLC COMMON 780259206 755491 11325 SH SOLE 1 11025 0 300 SCHLUMBERGER LTD COMMON 806857108 6534943 96972 SH SOLE 1 74183 0 22789 SCHWAB CHARLES CORP COMMON 808513105 14225432 276921 SH SOLE 1 193001 0 83920 SCHWAB S&P 500 INDEX MUTUAL 808509855 436663 10601 SH SOLE 10601 0 0 SEALED AIR CORP COMMON 81211K100 336620 6828 SH SOLE 1 6828 0 0 SIMON PPTY GROUP INC COMMON 828806109 591644 3445 SH SOLE 3445 0 0 SPECTRA ENERGY PARTNE COMMON 84756N109 1090355 27576 SH SOLE 1 22276 0 5300 STATE STREET CORP COMMON 857477103 2469533 25300 SH SOLE 1 15100 0 10200 SYNCHRONY FINANCIAL COMMON 87165B103 13467322 348804 SH SOLE 1 267364 0 81440 SYSCO CORP COMMON 871829107 274803 4525 SH SOLE 1 3525 0 1000 TAIWAN SEMICONDUCTOR COMMON 874039100 5931561 149598 SH SOLE 1 120183 0 29415 TE CONNECTIVITY LTD COMMON H84989104 608731 6405 SH SOLE 1 5205 0 1200 TECHNIPFMC PLC COM COMMON G87110105 430700 13756 SH SOLE 13756 0 0 TEXAS INSTRUMENTS INC COMMON 882508104 1754279 16797 SH SOLE 1 16797 0 0 TEXAS PAC LAND TRUST COMMON 882610108 1898178 4250 SH SOLE 1900 0 2350 THERMO FISHER SCIENTI COMMON 883556102 4626236 24364 SH SOLE 1 23064 0 1300 TOLL BROTHERS INC COMMON 889478103 7709899 160556 SH SOLE 1 95491 0 65065 TRACTOR SUPPLY CO COMMON 892356106 474663 6350 SH SOLE 1 1250 0 5100 UNILEVER N V COMMON 904784709 521016 9251 SH SOLE 1 4550 0 4701 UNILEVER PLC ADR COMMON 904767704 4297704 77660 SH SOLE 1 49132 0 28528 UNION PACIFIC CORP COMMON 907818108 1981864 14779 SH SOLE 1 4843 0 9936 UNITED NAT FOODS INC COMMON 911163103 2158026 43800 SH SOLE 1 32950 0 10850 UNITED PARCEL SVC INC COMMON 911312106 333739 2801 SH SOLE 1 1801 0 1000 UNITED TECHNOLOGIES C COMMON 913017109 12267641 96164 SH SOLE 1 66834 0 29330 US BANCORP DEL PFD B PREFERR 902973155 2906543 128722 SH SOLE 1 108097 0 20625 V F CORP COMMON 918204108 222000 3000 SH SOLE 2400 0 600 VANGUARD EQUITY-INCOM MUTUAL 921921102 262105 7048 SH SOLE 7048 0 0 VANGUARD HORIZON FD I MUTUAL 922038203 966095 30856 SH SOLE 30856 0 0 VANGUARD MORGAN GROWT MUTUAL 921928107 318198 10875 SH SOLE 1 0 0 10875 VANGUARD PA TAX FREE MUTUAL 92204L302 532109 45832 SH SOLE 45832 0 0 VANGUARD SPECIALIZED MUTUAL 921908885 462478 5335 SH SOLE 0 0 5335 VANGUARD WORLD FD US MUTUAL 921910600 262610 2776 SH SOLE 1 2776 0 0 VANGUARD/PRIMECAP FD MUTUAL 921936209 462904 3465 SH SOLE 1025 0 2439 VANGUARD/WELLESLEY IN MUTUAL 921938205 277509 4250 SH SOLE 0 0 4250 VANGUARD/WELLINGTON F MUTUAL 921935201 439943 6061 SH SOLE 0 0 6061 VERIZON COMMUNICATION COMMON 92343V104 12645931 238918 SH SOLE 1 181515 0 57403 VERSUM MATERIALS INC COMMON 92532W103 381339 10075 SH SOLE 1 8375 0 1700 VISA INC COMMON 92826C839 19126057 167743 SH SOLE 1 105041 0 62702 WAL MART STORES INC COMMON 931142103 12578775 127380 SH SOLE 1 98610 0 28770 WEC ENERGY GROUP INC COMMON 92939U106 312221 4700 SH SOLE 1 2400 0 2300 WELLS FARGO FDS TR MUTUAL 94984B751 158488 16106 SH SOLE 0 0 16106 WELLS FARGO & CO COMMON 949746101 1608786 26517 SH SOLE 1 16812 0 9705 WELLS FARGO & CO 8 percent P PREFERR 949746879 235980 9200 SH SOLE 7200 0 2000 WEYERHAEUSER CO COMMON 962166104 4432182 125700 SH SOLE 1 110980 0 14720 WHIRLPOOL CORP COMMON 963320106 10326670 61235 SH SOLE 1 41320 0 19915 XILINX INC COMMON 983919101 438230 6500 SH SOLE 6500 0 0 YUM BRANDS INC COMMON 988498101 273394 3350 SH SOLE 1 2750 0 600