0001278249-19-000006.txt : 20190806 0001278249-19-000006.hdr.sgml : 20190806 20190806143934 ACCESSION NUMBER: 0001278249-19-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190630 FILED AS OF DATE: 20190806 DATE AS OF CHANGE: 20190806 EFFECTIVENESS DATE: 20190806 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: 191001511 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 06-30-2019 06-30-2019 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 08-06-2019 0 212 893955067 false INFORMATION TABLE 2 aci_13f.xml 1/100 BERKSHIRE HTWY COMMON 084990175 955050 300 SH SOLE 300 0 0 3M CO. COMMON 88579Y101 17157367 98981 SH SOLE 1 77347 0 21634 A T & T INC (NEW) COMMON 00206R102 6723483 200641 SH SOLE 1 167294 0 33347 ABBOTT LABS COMMON 002824100 3103374 36901 SH SOLE 1 26677 0 10224 ABBVIE INC COMMON 00287Y109 2325731 31982 SH SOLE 1 26377 0 5605 ACCENTURE PLC COMMON G1151C101 22380081 121124 SH SOLE 1 77490 0 43634 ADOBE SYS INC COMMON 00724F101 1072526 3640 SH SOLE 1 3540 0 100 AIR PRODS & CHEMS INC COMMON 009158106 7232522 31950 SH SOLE 1 26985 0 4965 ALLETE INC NEW COMMON 018522300 307794 3699 SH SOLE 1 3366 0 333 ALLSTATE CORP COMMON 020002101 227582 2238 SH SOLE 1838 0 400 ALPHABET CLASS A COMMON 02079K305 11737552 10840 SH SOLE 1 7587 0 3253 ALPHABET CLASS C COMMON 02079K107 18838095 17428 SH SOLE 1 12762 0 4666 ALTRIA GROUP INC COMMON 02209S103 726823 15350 SH SOLE 1 13601 0 1749 AMAZON COM INC COMMON 023135106 1639884 866 SH SOLE 1 756 0 110 AMERICAN EXPRESS CO. COMMON 025816109 1561516 12650 SH SOLE 1 9940 0 2710 AMERICAN WTR WKS CO I COMMON 030420103 313200 2700 SH SOLE 2700 0 0 AMGEN INC COMMON 031162100 1276323 6926 SH SOLE 1 5641 0 1285 APPLE INC COMMON 037833100 26995892 136398 SH SOLE 1 106094 0 30304 AQUA AMERICA INC COMMON 03836W103 874440 21137 SH SOLE 1 18548 0 2589 AUTOMATIC DATA PROCES COMMON 053015103 3549635 21470 SH SOLE 1 12880 0 8590 BAXTER INTERNATIONAL COMMON 071813109 1090744 13318 SH SOLE 1 13318 0 0 BB&T CORP COMMON 054937107 14159856 288212 SH SOLE 1 207793 0 80419 BECTON DICKINSON & CO COMMON 075887109 22751211 90279 SH SOLE 1 63059 0 27220 BERKSHIRE HATHAWAY IN COMMON 084670702 4014631 18833 SH SOLE 1 17302 0 1531 BERKSHIRE HATHAWAY IN COMMON 084670108 318350 1 SH SOLE 1 1 0 0 BLACKROCK INC COMMON 09247X101 241690 515 SH SOLE 365 0 150 BLACKSTONE GROUP LP COMMON 09253U108 6124452 137876 SH SOLE 1 95001 0 42875 BNY MELLON FAMILY OF MUTUAL 05589K855 152926 14606 SH SOLE 14606 0 0 BOEING CO. COMMON 097023105 981371 2696 SH SOLE 1 2596 0 100 BP PLC ADR COMMON 055622104 679261 16289 SH SOLE 1 16289 0 0 BRISTOL MYERS SQUIBB COMMON 110122108 7330646 161646 SH SOLE 1 123155 0 38491 BROWN & BROWN INC COM COMMON 115236101 3251175 97050 SH SOLE 1 55150 0 41900 BRYN MAWR BANK CORP COMMON 117665109 319795 8569 SH SOLE 2000 0 6569 CAMPBELL SOUP CO COMMON 134429109 705232 17600 SH SOLE 1 17600 0 0 CARNIVAL CORP COMMON 143658300 13977848 300276 SH SOLE 1 220318 0 79958 CATERPILLAR INC COMMON 149123101 2390527 17540 SH SOLE 1 14165 0 3375 CDN IMPERIAL BK COMM COMMON 136069101 299078 3807 SH SOLE 3807 0 0 CELGENE CORP COMMON 151020104 208914 2260 SH SOLE 1 2260 0 0 CHECK POINT SOFTWARE COMMON M22465104 5831484 50441 SH SOLE 1 35071 0 15370 CHEVRON CORP COMMON 166764100 14289196 114828 SH SOLE 1 90663 0 24165 CHUBB LIMITED COMMON H1467J104 231982 1575 SH SOLE 1 274 0 1301 CHURCH & DWIGHT CO. COMMON 171340102 263016 3600 SH SOLE 0 0 3600 CISCO SYSTEMS INC COMMON 17275R102 5192126 94868 SH SOLE 1 67158 0 27710 CLEAN ENERGY FUELS CO COMMON 184499101 31973 11975 SH SOLE 0 0 11975 COCA COLA CO. COMMON 191216100 5366968 105400 SH SOLE 1 87495 0 17905 COGNIZANT TECHNOLOGY COMMON 192446102 5598605 88320 SH SOLE 1 71338 0 16982 COLGATE PALMOLIVE CO COMMON 194162103 4815651 67192 SH SOLE 1 49332 0 17860 COMCAST CORP NEW CL A COMMON 20030N101 6997509 165504 SH SOLE 1 115946 0 49558 COMERICA INC COMMON 200340107 543710 7485 SH SOLE 1 4965 0 2520 COMMSCOPE HLDG CO INC COMMON 20337X109 522236 33200 SH SOLE 1 27200 0 6000 CONCHO RES INC COMMON 20605P101 309540 3000 SH SOLE 3000 0 0 CONOCOPHILLIPS COMMON 20825C104 1455399 23859 SH SOLE 1 21443 0 2416 CONSOLIDATED EDISON I COMMON 209115104 213150 2431 SH SOLE 1 525 0 1906 CORNING INC COMMON 219350105 1580020 47548 SH SOLE 1 47548 0 0 CORTEVA INC COM COMMON 22052L104 990368 33492 SH SOLE 1 30143 0 3349 COSTCO WHOLESALE COMMON 22160K105 2161118 8178 SH SOLE 1 3703 0 4475 CROWN CASTLE INTL COR COMMON 22822V101 2457880 18856 SH SOLE 1 14681 0 4175 CULLEN FROST BANKERS COMMON 229899109 4417287 47163 SH SOLE 1 28268 0 18895 CVS HEALTH CORP. COMMON 126650100 8396513 154093 SH SOLE 1 107121 0 46972 DANAHER CORP COMMON 235851102 11011986 77050 SH SOLE 1 49481 0 27569 DEERE & CO. COMMON 244199105 331420 2000 SH SOLE 2000 0 0 DENTSPLY SIRONA INC COMMON 24906P109 3908311 66969 SH SOLE 1 33750 0 33219 DFA INVT DIMENSIONS G MUTUAL 23320G448 167678 15038 SH SOLE 15038 0 0 DIAGEO PLC COMMON 25243Q205 12911248 74926 SH SOLE 1 54271 0 20655 DIAMONDBACK ENERGY IN COMMON 25278X109 365050 3350 SH SOLE 3350 0 0 DIGITAL REALTY TRUST COMMON 253868103 15294914 129849 SH SOLE 1 95617 0 34232 DISNEY WALT COMPANY COMMON 254687106 9304213 66630 SH SOLE 1 42820 0 23810 DODGE & COX BALANCED MUTUAL 256201104 236247 2373 SH SOLE 2373 0 0 DOMINION RES INC VA COMMON 25746U109 790288 10221 SH SOLE 1 8921 0 1300 DOW INC COM COMMON 260557103 3538239 71755 SH SOLE 1 56484 0 15271 DUKE ENERGY CORPORATI COMMON 26441C204 350489 3972 SH SOLE 1 3172 0 800 DUPONT DE NEMOURS INC COMMON 26614N102 3270975 43572 SH SOLE 1 35853 0 7719 EATON VANCE NATL MUNS MUTUAL 27826L249 112806 11247 SH SOLE 11247 0 0 EBAY INC COMMON 278642103 213300 5400 SH SOLE 1 5400 0 0 ECOLAB INC COMMON 278865100 1045445 5295 SH SOLE 5295 0 0 ELOT INC DEL COMMON 999999001 0 24104 SH SOLE 24104 0 0 EMERSON ELECTRIC CO COMMON 291011104 5299436 79428 SH SOLE 1 61158 0 18270 ENBRIDGE INC COMMON 29250N105 6731734 186578 SH SOLE 1 129180 0 57398 ENTERPRISE PRODS PART COMMON 293792107 6919215 239668 SH SOLE 1 154218 0 85450 ERIE INDEMNITY CO. COMMON 29530P102 381420 1500 SH SOLE 0 0 1500 EVERSOURCE ENERGY COM COMMON 30040W108 303192 4002 SH SOLE 1 2540 0 1462 EXPEDIA INC DEL COMMON 30212P303 2167059 16290 SH SOLE 1 14470 0 1820 EXXON MOBIL COMMON 30231G102 16091552 209990 SH SOLE 1 166416 0 43574 F M C CORP COM COMMON 302491303 442372 5333 SH SOLE 5333 0 0 FACEBOOK INC CL/A COMMON 30303M102 9242384 47888 SH SOLE 1 30238 0 17650 FEDEX CORP COMMON 31428X106 13906400 84697 SH SOLE 1 62518 0 22179 FORTIVE CORP COMMON 34959J108 1867460 22908 SH SOLE 1 13589 0 9319 FORTUNE BRANDS HOME & COMMON 34964C106 6787273 118804 SH SOLE 1 95719 0 23085 FULTON FINL CORP PA COMMON 360271100 255945 15635 SH SOLE 15635 0 0 GENERAL ELECTRIC CO COMMON 369604103 2806745 267309 SH SOLE 1 238556 0 28753 GENERAL MILLS INC COMMON 370334104 1670136 31800 SH SOLE 1 29600 0 2200 GENESEE & WYO INC CL COMMON 371559105 416000 4160 SH SOLE 1 0 0 4160 GLAXOSMITHKLINE PLC COMMON 37733W105 859189 21469 SH SOLE 1 20469 0 1000 GOLDMAN SACHS GROUP I COMMON 38141G104 548737 2682 SH SOLE 1 1867 0 815 GOLDMAN SACHS GROUP I PREFERR 38143Y665 2296790 119500 SH SOLE 1 105700 0 13800 GOLDMAN SACHS GROUP I PREFERR 38144G804 627188 31250 SH SOLE 1 16150 0 15100 HALLIBURTON CO. COMMON 406216101 1308914 57560 SH SOLE 1 43990 0 13570 HARRIS CORP DEL COMMON 413875105 245869 1300 SH SOLE 0 0 1300 HERSHEY FOODS CORP COMMON 427866108 1286688 9600 SH SOLE 1 4300 0 5300 HOME DEPOT INC COMMON 437076102 5902189 28380 SH SOLE 1 19425 0 8955 HONEYWELL INTL INC COMMON 438516106 3733956 21387 SH SOLE 1 15772 0 5615 IHS MARKIT LTD SHS COMMON G47567105 1250314 19622 SH SOLE 1 19122 0 500 ILLINOIS TOOL WORKS I COMMON 452308109 2153567 14280 SH SOLE 1 11280 0 3000 ILLUMINA INC COMMON 452327109 450616 1224 SH SOLE 1 1224 0 0 INGERSOLL-RAND PLC COMMON G47791101 281841 2225 SH SOLE 1 2175 0 50 INTEL CORP COMMON 458140100 4635874 96843 SH SOLE 1 66903 0 29940 INTERCONTINENTALEXCHA COMMON 45866F104 408215 4750 SH SOLE 1 2750 0 2000 INTERNATIONAL PAPER C COMMON 460146103 243458 5620 SH SOLE 5620 0 0 INT'L BUSINESS MACHIN COMMON 459200101 9655004 70015 SH SOLE 1 53948 0 16067 IQVIA HOLDINGS INC COMMON 46266C105 17419356 108262 SH SOLE 1 76427 0 31835 ISHARES TR S&P 500 IN MUTUAL 464287200 1324933 4495 SH SOLE 4495 0 0 J P MORGAN CHASE & CO COMMON 46625H100 10733247 96004 SH SOLE 1 73668 0 22336 JACOBS ENGINEERING COMMON 469814107 13191507 156316 SH SOLE 1 120766 0 35550 JOHNSON & JOHNSON COMMON 478160104 27996168 201006 SH SOLE 1 161188 0 39818 JOHNSON CONTROLS INTL COMMON G51502105 265665 6431 SH SOLE 1 6431 0 0 KELLOGG CO. COMMON 487836108 3503639 65403 SH SOLE 1 55543 0 9860 KEYCORP COMMON 493267108 11519963 649012 SH SOLE 1 485532 0 163480 KIMBERLY CLARK CORP COMMON 494368103 2728508 20472 SH SOLE 1 20472 0 0 KINDER MORGAN INC COMMON 49456B101 456583 21867 SH SOLE 1 15542 0 6325 KONINKLIJKE PHILIPS E COMMON 500472303 252677 5798 SH SOLE 1 4213 0 1585 KRAIG BIOCRAFT LABORA COMMON 50075W104 41480 100000 SH SOLE 1 100000 0 0 L3 TECHNOLOGIES INC COMMON 502413107 1115524 4550 SH SOLE 1 1800 0 2750 LEIDOS HLDGS INC COMMON 525327102 16033241 200792 SH SOLE 1 152667 0 48125 LENNAR CORP COMMON 526057104 8903798 183735 SH SOLE 1 141999 0 41736 LINDE PLC COM COMMON G5494J103 1583308 7885 SH SOLE 1 6040 0 1845 LOCKHEED MARTIN CORP COMMON 539830109 814693 2241 SH SOLE 2241 0 0 LORD ABBETT INVT TR S MUTUAL 543916464 52824 12547 SH SOLE 12547 0 0 LOWE'S COS INC COMMON 548661107 8670187 85920 SH SOLE 1 65841 0 20079 MAGELLAN MIDSTREAM PA COMMON 559080106 832000 13000 SH SOLE 1 5400 0 7600 MARSH & MCLENNAN COS COMMON 571748102 369075 3700 SH SOLE 0 0 3700 MCCORMICK & CO INC CO COMMON 579780107 309940 2000 SH SOLE 0 0 2000 MCDONALD'S CORP COMMON 580135101 19029755 91639 SH SOLE 1 66190 0 25449 MEDTRONIC PLC COMMON G5960L103 9676768 99361 SH SOLE 1 64778 0 34583 MERCK & COMPANY COMMON 58933Y105 3699294 44118 SH SOLE 1 34687 0 9431 METLIFE INC PFD A FLT PREFERR 59156R504 2442078 103874 SH SOLE 1 79149 0 24725 METROPOLITAN WEST FDS MUTUAL 592905509 153395 14073 SH SOLE 14073 0 0 MICROSOFT CORP COMMON 594918104 35618767 265891 SH SOLE 1 186894 0 78997 MONDELEZ INTL INC COMMON 609207105 4856606 90104 SH SOLE 1 62948 0 27156 MONGODB INC CL A COMMON 60937P106 304180 2000 SH SOLE 1 2000 0 0 MOODYS CORP COMMON 615369105 6459292 33072 SH SOLE 1 22892 0 10180 NESTLE S A REG ADR COMMON 641069406 388692 3750 SH SOLE 3500 0 250 NEW JERSEY RES COMMON 646025106 218988 4400 SH SOLE 4200 0 200 NEXTERA ENERGY INC COMMON 65339F101 1906017 9304 SH SOLE 1 9079 0 225 NIKE INC CL B COMMON 654106103 3929532 46808 SH SOLE 1 29658 0 17150 NORFOLK SOUTHERN CORP COMMON 655844108 2092168 10496 SH SOLE 1 8646 0 1850 NOVARTIS ADR COMMON 66987V109 10162255 111294 SH SOLE 1 76196 0 35098 NUVEEN INVT FDS INC S MUTUAL 670690486 420679 41405 SH SOLE 41405 0 0 NUVEEN PA INVT QUAL M MUTUAL 670972108 161152 11806 SH SOLE 9306 0 2500 NUVEEN TAX FREE ADV M MUTUAL 670657105 576485 41744 SH SOLE 36362 0 5382 NVIDIA CORP COMMON 67066G104 932005 5675 SH SOLE 1 100 0 5575 NXP SEMICONDUCTORS N COMMON N6596X109 1391528 14256 SH SOLE 1 13381 0 875 OAK ASSOCS FDS RED OA MUTUAL 671081305 454835 15820 SH SOLE 15820 0 0 ONEOK INC NEW COMMON 682680103 450361 6545 SH SOLE 3245 0 3300 OPPENHEIMER GLOBAL ST MUTUAL 00143KY80 59715 15798 SH SOLE 15798 0 0 ORACLE SYS CORP COMMON 68389X105 14551050 255416 SH SOLE 1 204531 0 50885 PAYPAL HLDGS INC COMMON 70450Y103 1814191 15850 SH SOLE 1 14200 0 1650 PEPSICO INC COMMON 713448108 13902009 106017 SH SOLE 1 72653 0 33364 PFIZER INC COMMON 717081103 8415950 194274 SH SOLE 1 177883 0 16391 PHILIP MORRIS INTL IN COMMON 718172109 1431288 18226 SH SOLE 1 15486 0 2740 PHILLIPS 66 COMMON 718546104 1089180 11644 SH SOLE 1 11428 0 216 PIONEER NATURAL RES C COMMON 723787107 7149259 46466 SH SOLE 1 37157 0 9309 PNC FINANCIAL CORP COMMON 693475105 659630 4805 SH SOLE 1 4805 0 0 PPG INDUSTRIES INC COMMON 693506107 2061099 17660 SH SOLE 1 16060 0 1600 PPL CORP COMMON 69351T106 254468 8206 SH SOLE 1 6806 0 1400 PROCTER & GAMBLE CO COMMON 742718109 9218495 84072 SH SOLE 1 63669 0 20403 PUBLIC SVC ENTERPRISE COMMON 744573106 402917 6850 SH SOLE 1 5250 0 1600 QUALCOMM INC COMMON 747525103 6676816 87772 SH SOLE 1 77051 0 10721 RAYMOND JAMES FINANCI COMMON 754730109 4023143 47583 SH SOLE 1 20773 0 26810 RAYTHEON CO NEW COMMON 755111507 487733 2805 SH SOLE 1 1905 0 900 RESTAURANT BRANDS INT COMMON 76131D103 9161756 131748 SH SOLE 1 97063 0 34685 ROCHE HLDG LTD ADR COMMON 771195104 3739954 106214 SH SOLE 93259 0 12955 ROWE T PRICE TX FR SH MUTUAL 779902105 153608 27235 SH SOLE 24928 0 2307 ROYAL DUTCH SHELL PLC COMMON 780259206 609641 9369 SH SOLE 8569 0 800 SCHLUMBERGER LTD COMMON 806857108 813756 20477 SH SOLE 1 15893 0 4584 SCHWAB CHARLES CORP COMMON 808513105 9203751 229006 SH SOLE 1 154746 0 74260 SEALED AIR CORP COMMON 81211K100 290733 6796 SH SOLE 1 6796 0 0 SIMON PPTY GROUP INC COMMON 828806109 1691858 10590 SH SOLE 1 8765 0 1825 STATE STREET CORP COMMON 857477103 1030103 18375 SH SOLE 1 14100 0 4275 SYNCHRONY FINANCIAL COMMON 87165B103 7268461 209647 SH SOLE 1 156627 0 53020 TAIWAN SEMICONDUCTOR COMMON 874039100 6305626 160981 SH SOLE 1 130661 0 30320 TE CONNECTIVITY LTD COMMON H84989104 887402 9265 SH SOLE 1 8365 0 900 TETRAPHASE PHARMACEUT COMMON 88165N105 7205 15000 SH SOLE 1 15000 0 0 TEXAS INSTRUMENTS INC COMMON 882508104 1980758 17260 SH SOLE 1 14660 0 2600 TEXAS PAC LAND TRUST COMMON 882610108 2874087 3652 SH SOLE 1900 0 1752 THERMO FISHER SCIENTI COMMON 883556102 9498786 32344 SH SOLE 1 29489 0 2855 TOLL BROTHERS INC COMMON 889478103 1023383 27946 SH SOLE 1 21086 0 6860 TRACTOR SUPPLY CO COMMON 892356106 690880 6350 SH SOLE 1 1250 0 5100 UNILEVER N V COMMON 904784709 534336 8800 SH SOLE 1 4000 0 4800 UNILEVER PLC ADR COMMON 904767704 2563017 41359 SH SOLE 1 25985 0 15374 UNION PACIFIC CORP COMMON 907818108 2348769 13889 SH SOLE 1 4465 0 9424 UNITED PARCEL SVC INC COMMON 911312106 261067 2528 SH SOLE 1 1528 0 1000 UNITED TECHNOLOGIES C COMMON 913017109 8154556 62631 SH SOLE 1 38740 0 23891 UNIVEST CORP PA COMMON 915271100 243745 9282 SH SOLE 9282 0 0 US BANCORP DEL PFD B PREFERR 902973155 2246623 113180 SH SOLE 1 96755 0 16425 V F CORP COMMON 918204108 209640 2400 SH SOLE 2400 0 0 VANGUARD 500 INDEX MUTUAL 922908108 225282 830 SH SOLE 1 0 0 830 VANGUARD EQUITY-INCOM MUTUAL 921921102 217266 6045 SH SOLE 6045 0 0 VANGUARD MUN BD FD IN MUTUAL 922907704 2794709 252915 SH SOLE 252915 0 0 VANGUARD WORLD FD US MUTUAL 921910600 423093 3963 SH SOLE 1 3044 0 919 VANGUARD/PRIMECAP FD MUTUAL 921936209 453902 3315 SH SOLE 1025 0 2290 VANGUARD/WELLESLEY IN MUTUAL 921938205 299389 4640 SH SOLE 0 0 4640 VANGUARD/WELLINGTON F MUTUAL 921935201 480113 6724 SH SOLE 0 0 6724 VERIZON COMMUNICATION COMMON 92343V104 12448800 217903 SH SOLE 1 170440 0 47463 VERSUM MATERIALS INC COMMON 92532W103 306901 5950 SH SOLE 1 4250 0 1700 VISA INC COMMON 92826C839 26568596 153089 SH SOLE 1 96772 0 56317 W P CAREY INC COMMON 92936U109 202950 2500 SH SOLE 2500 0 0 WAL MART STORES INC COMMON 931142103 11562889 104651 SH SOLE 1 77458 0 27193 WEC ENERGY GROUP INC COMMON 92939U106 375165 4500 SH SOLE 1 2400 0 2100 WELLS FARGO & CO COMMON 949746101 966890 20433 SH SOLE 1 10653 0 9780 WEYERHAEUSER CO COMMON 962166104 2362672 89699 SH SOLE 1 79759 0 9940 XILINX INC COMMON 983919101 766480 6500 SH SOLE 6500 0 0 YUM BRANDS INC COMMON 988498101 374729 3386 SH SOLE 1 2656 0 730