0001278249-20-000002.txt : 20200205 0001278249-20-000002.hdr.sgml : 20200205 20200205111252 ACCESSION NUMBER: 0001278249-20-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200205 DATE AS OF CHANGE: 20200205 EFFECTIVENESS DATE: 20200205 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: 20576780 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 12-31-2019 12-31-2019 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 02-05-2020 0 211 946673130 false INFORMATION TABLE 2 aci_13f.xml 3M CO. COMMON 88579Y101 13078367 74132 SH SOLE 1 60298 0 13834 A T & T INC (NEW) COMMON 00206R102 6721334 171989 SH SOLE 1 139889 0 32100 ABBOTT LABS COMMON 002824100 2963837 34122 SH SOLE 1 21517 0 12605 ABBVIE INC COMMON 00287Y109 2433256 27482 SH SOLE 1 21877 0 5605 ACCENTURE PLC COMMON G1151C101 25196385 119658 SH SOLE 1 75467 0 44191 ACTUA CORP COM COMMON 005094107 0 131244 SH SOLE 0 0 131244 ADOBE SYS INC COMMON 00724F101 4436274 13451 SH SOLE 1 11501 0 1950 AIR PRODS & CHEMS INC COMMON 009158106 6932205 29500 SH SOLE 1 24685 0 4815 ALIBABA GROUP HLDG LT COMMON 01609W102 938118 4423 SH SOLE 1 3996 0 427 ALLETE INC NEW COMMON 018522300 300248 3699 SH SOLE 1 3366 0 333 ALPHABET CLASS A COMMON 02079K305 13405955 10009 SH SOLE 1 6665 0 3344 ALPHABET CLASS C COMMON 02079K107 22269400 16656 SH SOLE 1 11796 0 4860 ALTRIA GROUP INC COMMON 02209S103 239518 4799 SH SOLE 1 3700 0 1099 AMAZON COM INC COMMON 023135106 879572 476 SH SOLE 1 304 0 172 AMERICAN BALANCED FD MUTUAL 024071102 385611 13530 SH SOLE 0 0 13530 AMERICAN EXPRESS CO. COMMON 025816109 829477 6663 SH SOLE 1 3400 0 3263 AMERICAN WTR WKS CO I COMMON 030420103 333906 2718 SH SOLE 2718 0 0 AMGEN INC COMMON 031162100 1682459 6979 SH SOLE 1 5694 0 1285 ANNALY CAP MGMT INC COMMON 035710409 213834 22700 SH SOLE 0 0 22700 APPLE INC COMMON 037833100 38214436 130136 SH SOLE 1 98604 0 31532 AQUA AMERICA INC COMMON 03836W103 972224 20712 SH SOLE 1 17723 0 2989 AUTOMATIC DATA PROCES COMMON 053015103 2587338 15175 SH SOLE 1 8290 0 6885 BANK OF AMERICA CORP COMMON 060505104 446308 12672 SH SOLE 5672 0 7000 BAXTER INTERNATIONAL COMMON 071813109 1030031 12318 SH SOLE 1 12318 0 0 BECTON DICKINSON & CO COMMON 075887109 24410939 89756 SH SOLE 1 62343 0 27413 BERKSHIRE HATHAWAY IN COMMON 084670702 4488551 19817 SH SOLE 1 17311 0 2506 BERKSHIRE HATHAWAY IN COMMON 084670108 339590 1 SH SOLE 1 1 0 0 BLACKROCK INC COMMON 09247X101 248334 494 SH SOLE 344 0 150 BLACKSTONE GROUP INC COMMON 09260D107 6867866 122772 SH SOLE 1 82847 0 39925 BOEING CO. COMMON 097023105 3380737 10378 SH SOLE 1 7860 0 2518 BOSTON PROPERTIES INC COMMON 101121101 206790 1500 SH SOLE 1500 0 0 BP PLC ADR COMMON 055622104 479119 12695 SH SOLE 1 12631 0 64 BRISTOL MYERS SQUIBB COMMON 110122108 9306152 144978 SH SOLE 1 107588 0 37390 BROWN & BROWN INC COM COMMON 115236101 4024986 101950 SH SOLE 1 56150 0 45800 BRYN MAWR BANK CORP COMMON 117665109 353386 8569 SH SOLE 2000 0 6569 CAMPBELL SOUP CO COMMON 134429109 395360 8000 SH SOLE 1 8000 0 0 CANNABIX TECHNOLOGIES COMMON 13765L101 11400 40000 SH SOLE 20000 0 20000 CAPITAL WORLD GROWTH MUTUAL 140543109 209408 4006 SH SOLE 424 0 3582 CARNIVAL CORP COMMON 143658300 11272772 221774 SH SOLE 1 171099 0 50675 CATERPILLAR INC COMMON 149123101 1718700 11638 SH SOLE 1 8740 0 2898 CDN IMPERIAL BK COMM COMMON 136069101 316742 3807 SH SOLE 3807 0 0 CHECK POINT SOFTWARE COMMON M22465104 5447137 49091 SH SOLE 1 33071 0 16020 CHEVRON CORP COMMON 166764100 12391082 102822 SH SOLE 1 76195 0 26627 CHUBB LIMITED COMMON H1467J104 246098 1581 SH SOLE 1 305 0 1276 CHURCH & DWIGHT CO. COMMON 171340102 253224 3600 SH SOLE 0 0 3600 CISCO SYSTEMS INC COMMON 17275R102 8718613 181789 SH SOLE 1 115108 0 66681 CLEAN ENERGY FUELS CO COMMON 184499101 28022 11975 SH SOLE 0 0 11975 COCA COLA CO. COMMON 191216100 7006701 126589 SH SOLE 1 93750 0 32839 COGNIZANT TECHNOLOGY COMMON 192446102 1276062 20575 SH SOLE 1 17725 0 2850 COLGATE PALMOLIVE CO COMMON 194162103 4294377 62382 SH SOLE 1 43817 0 18565 COMCAST CORP NEW CL A COMMON 20030N101 8174737 181782 SH SOLE 1 118892 0 62890 COMERICA INC COMMON 200340107 462429 6445 SH SOLE 1 4025 0 2420 CONCHO RES INC COMMON 20605P101 262710 3000 SH SOLE 3000 0 0 CONOCOPHILLIPS COMMON 20825C104 693545 10665 SH SOLE 1 8249 0 2416 CONSOLIDATED EDISON I COMMON 209115104 219933 2431 SH SOLE 1 525 0 1906 CONSTELLATION BRANDS COMMON 21036P108 1073985 5660 SH SOLE 1 5015 0 645 CORNING INC COMMON 219350105 1138085 39096 SH SOLE 1 39096 0 0 CORTEVA INC COM COMMON 22052L104 458623 15515 SH SOLE 1 15099 0 416 COSTCO WHOLESALE COMMON 22160K105 2490701 8474 SH SOLE 1 3618 0 4856 CRA CCM ALTERNATIVE I MUTUAL 20368N400 722838 77309 SH SOLE 0 0 77309 CRA QUALIFIED INVESTM MUTUAL 20368N202 150990 14231 SH SOLE 0 0 14231 CROWN CASTLE INTL COR COMMON 22822V101 6407553 45076 SH SOLE 1 31218 0 13858 CULLEN FROST BANKERS COMMON 229899109 4837079 49469 SH SOLE 1 26474 0 22995 CVS HEALTH CORP. COMMON 126650100 14853225 199936 SH SOLE 1 125535 0 74401 DANAHER CORP COMMON 235851102 12041887 78459 SH SOLE 1 49215 0 29244 DEERE & CO. COMMON 244199105 346520 2000 SH SOLE 2000 0 0 DENTSPLY SIRONA INC COMMON 24906P109 3724697 65819 SH SOLE 1 31800 0 34019 DIAGEO PLC COMMON 25243Q205 12073188 71685 SH SOLE 1 51455 0 20230 DIAMONDBACK ENERGY IN COMMON 25278X109 311081 3350 SH SOLE 3350 0 0 DIGITAL REALTY TRUST COMMON 253868103 15166987 126666 SH SOLE 1 89862 0 36804 DISNEY WALT COMPANY COMMON 254687106 10445468 72222 SH SOLE 1 44302 0 27920 DODGE & COX BALANCED MUTUAL 256201104 241112 2373 SH SOLE 2373 0 0 DOMINION RES INC VA COMMON 25746U109 815446 9846 SH SOLE 1 8546 0 1300 DOW INC COM COMMON 260557103 1885667 34454 SH SOLE 1 24638 0 9816 DUKE ENERGY CORPORATI COMMON 26441C204 417012 4572 SH SOLE 1 3772 0 800 DUPONT DE NEMOURS INC COMMON 26614N102 1031566 16068 SH SOLE 1 15013 0 1055 EATON VANCE NATL MUNS MUTUAL 27826L249 115557 11430 SH SOLE 11430 0 0 ECOLAB INC COMMON 278865100 983091 5094 SH SOLE 5094 0 0 ELOT INC DEL COMMON 999999001 0 24104 SH SOLE 24104 0 0 EMERA INC COM COMMON 290876101 205064 4771 SH SOLE 4771 0 0 EMERSON ELECTRIC CO COMMON 291011104 2987638 39177 SH SOLE 1 30668 0 8509 ENBRIDGE INC COMMON 29250N105 5373842 135123 SH SOLE 1 100623 0 34500 ENTERPRISE PRODS PART COMMON 293792107 6508227 231116 SH SOLE 1 143071 0 88045 ERIE INDEMNITY CO. COMMON 29530P102 249000 1500 SH SOLE 0 0 1500 EVERSOURCE ENERGY COM COMMON 30040W108 319183 3752 SH SOLE 1 2290 0 1462 EXPEDIA INC DEL COMMON 30212P303 906213 8380 SH SOLE 1 7280 0 1100 EXXON MOBIL COMMON 30231G102 11663531 167147 SH SOLE 1 129298 0 37849 F M C CORP COM COMMON 302491303 266120 2666 SH SOLE 2666 0 0 FACEBOOK INC CL/A COMMON 30303M102 10043293 48932 SH SOLE 1 29912 0 19020 FEDEX CORP COMMON 31428X106 9170735 60649 SH SOLE 1 43531 0 17118 FORTIVE CORP COMMON 34959J108 324887 4253 SH SOLE 1 3253 0 1000 FORTUNE BRANDS HOME & COMMON 34964C106 7537426 115357 SH SOLE 1 92087 0 23270 FULTON FINL CORP PA COMMON 360271100 272518 15635 SH SOLE 15635 0 0 GENERAL ELECTRIC CO COMMON 369604103 2086764 186986 SH SOLE 1 166534 0 20452 GENERAL MILLS INC COMMON 370334104 1274728 23800 SH SOLE 1 21600 0 2200 GLAXOSMITHKLINE PLC COMMON 37733W105 944922 20109 SH SOLE 1 18969 0 1140 GOLDMAN SACHS GROUP I COMMON 38141G104 559190 2432 SH SOLE 1 1617 0 815 GOLDMAN SACHS GROUP I PREFERR 38143Y665 2660325 121754 SH SOLE 1 108254 0 13500 GOLDMAN SACHS GROUP I PREFERR 38144G804 720000 31250 SH SOLE 1 16150 0 15100 HEALTHPEAK PPTYS INC COMMON 42250P103 212921 6177 SH SOLE 1 1191 0 4986 HERSHEY FOODS CORP COMMON 427866108 778994 5300 SH SOLE 1 0 0 5300 HILTON WORLDWIDE HLDG COMMON 43300A203 3180899 28680 SH SOLE 1 23815 0 4865 HOME DEPOT INC COMMON 437076102 6392201 29271 SH SOLE 1 18792 0 10479 HONEYWELL INTL INC COMMON 438516106 5859585 33105 SH SOLE 1 21095 0 12010 IHS MARKIT LTD SHS COMMON G47567105 1453652 19292 SH SOLE 1 17917 0 1375 ILLINOIS TOOL WORKS I COMMON 452308109 2488774 13855 SH SOLE 1 10855 0 3000 ILLUMINA INC COMMON 452327109 406050 1224 SH SOLE 1 1224 0 0 INGERSOLL-RAND PLC COMMON G47791101 289101 2175 SH SOLE 1 2175 0 0 INTEL CORP COMMON 458140100 4844965 80952 SH SOLE 1 50224 0 30728 INTERCONTINENTALEXCHA COMMON 45866F104 323925 3500 SH SOLE 1 1500 0 2000 INTERNATIONAL PAPER C COMMON 460146103 258801 5620 SH SOLE 5620 0 0 INT'L BUSINESS MACHIN COMMON 459200101 8045018 60020 SH SOLE 1 44131 0 15889 IQVIA HOLDINGS INC COMMON 46266C105 17700357 114558 SH SOLE 1 79188 0 35370 ISHARES TR S&P 500 IN MUTUAL 464287200 693113 2144 SH SOLE 2144 0 0 J P MORGAN CHASE & CO COMMON 46625H100 15097020 108300 SH SOLE 1 79751 0 28549 JACOBS ENGINEERING COMMON 469814107 13835527 154019 SH SOLE 1 115614 0 38405 JOHNSON & JOHNSON COMMON 478160104 27801564 190591 SH SOLE 1 148259 0 42332 JOHNSON CONTROLS INTL COMMON G51502105 261806 6431 SH SOLE 1 6431 0 0 KELLOGG CO. COMMON 487836108 4550797 65801 SH SOLE 1 55141 0 10660 KEYCORP COMMON 493267108 12419993 613636 SH SOLE 1 459251 0 154385 KIMBERLY CLARK CORP COMMON 494368103 1940555 14108 SH SOLE 1 14108 0 0 KINDER MORGAN INC COMMON 49456B101 713747 33715 SH SOLE 1 15390 0 18325 KONINKLIJKE PHILIPS E COMMON 500472303 282942 5798 SH SOLE 1 4213 0 1585 KRAIG BIOCRAFT LABORA COMMON 50075W104 19380 100000 SH SOLE 1 100000 0 0 L3 HARRIS TECHNOLOGIE COMMON 502431109 1427632 7215 SH SOLE 1 2340 0 4875 LEIDOS HLDGS INC COMMON 525327102 19856497 202845 SH SOLE 1 150050 0 52795 LENNAR CORP COMMON 526057104 6489716 116324 SH SOLE 1 99529 0 16795 LINDE PLC COM COMMON G5494J103 1631879 7665 SH SOLE 1 5690 0 1975 LOCKHEED MARTIN CORP COMMON 539830109 927114 2381 SH SOLE 2311 0 70 LORD ABBETT INVT TR S MUTUAL 543916464 53767 12771 SH SOLE 12771 0 0 LOWE'S COS INC COMMON 548661107 11977916 100016 SH SOLE 1 73822 0 26194 MAGELLAN MIDSTREAM PA COMMON 559080106 817310 13000 SH SOLE 1 5400 0 7600 MARSH & MCLENNAN COS COMMON 571748102 412217 3700 SH SOLE 0 0 3700 MCCORMICK & CO INC COMMON 579780206 203676 1200 SH SOLE 600 0 600 MCCORMICK & CO INC CO COMMON 579780107 342140 2000 SH SOLE 0 0 2000 MCDONALD'S CORP COMMON 580135101 16100472 81476 SH SOLE 1 55595 0 25881 MEDTRONIC PLC COMMON G5960L103 11137727 98173 SH SOLE 1 61263 0 36910 MERCK & COMPANY COMMON 58933Y105 3639273 40014 SH SOLE 1 27705 0 12309 METLIFE INC PFD A FLT PREFERR 59156R504 2573750 104074 SH SOLE 1 79349 0 24725 MICROSOFT CORP COMMON 594918104 41032256 260192 SH SOLE 1 176712 0 83480 MONDELEZ INTL INC COMMON 609207105 5565614 101046 SH SOLE 1 68880 0 32166 MONGODB INC CL A COMMON 60937P106 263220 2000 SH SOLE 1 2000 0 0 MOODYS CORP COMMON 615369105 8089034 34072 SH SOLE 1 23117 0 10955 NEXTERA ENERGY INC COMMON 65339F101 1262622 5214 SH SOLE 1 4929 0 285 NIKE INC CL B COMMON 654106103 4335663 42796 SH SOLE 1 25646 0 17150 NORFOLK SOUTHERN CORP COMMON 655844108 1668741 8596 SH SOLE 1 6746 0 1850 NOVARTIS ADR COMMON 66987V109 11435427 120767 SH SOLE 1 80290 0 40477 NUVEEN PA INVT QUAL M MUTUAL 670972108 167055 11806 SH SOLE 11806 0 0 NVIDIA CORP COMMON 67066G104 1230619 5230 SH SOLE 1 230 0 5000 NXP SEMICONDUCTORS N COMMON N6596X109 4172474 32787 SH SOLE 1 24727 0 8060 ONEOK INC NEW COMMON 682680103 5308326 70151 SH SOLE 1 41861 0 28290 ORACLE SYS CORP COMMON 68389X105 14740202 278222 SH SOLE 1 214707 0 63515 PAYPAL HLDGS INC COMMON 70450Y103 4835415 44702 SH SOLE 1 34989 0 9713 PEPSICO INC COMMON 713448108 13889772 101630 SH SOLE 1 65313 0 36317 PFIZER INC COMMON 717081103 6713571 171352 SH SOLE 1 152386 0 18966 PHILIP MORRIS INTL IN COMMON 718172109 674338 7925 SH SOLE 1 5835 0 2090 PHILLIPS 66 COMMON 718546104 558053 5009 SH SOLE 1 4793 0 216 PIONEER NATURAL RES C COMMON 723787107 6713865 44354 SH SOLE 1 32998 0 11356 PLAYTECH LTD OTC COMMON 0BLANKBLA 61158 11620 SH SOLE 11620 0 0 PNC FINANCIAL CORP COMMON 693475105 639318 4005 SH SOLE 1 4005 0 0 PPG INDUSTRIES INC COMMON 693506107 1254806 9400 SH SOLE 1 7800 0 1600 PPL CORP COMMON 69351T106 294431 8206 SH SOLE 1 6806 0 1400 PROCTER & GAMBLE CO COMMON 742718109 9451269 75671 SH SOLE 1 53944 0 21727 PROLOGIS INC COM COMMON 74340W103 500343 5613 SH SOLE 950 0 4663 QUALCOMM INC COMMON 747525103 6187129 70125 SH SOLE 1 59900 0 10225 RAYMOND JAMES FINANCI COMMON 754730109 4117039 46021 SH SOLE 1 20821 0 25200 RAYTHEON CO NEW COMMON 755111507 1771983 8064 SH SOLE 1 5539 0 2525 RESTAURANT BRANDS INT COMMON 76131D103 9012295 141325 SH SOLE 1 103925 0 37400 ROCHE HLDG LTD ADR COMMON 771195104 4359273 107549 SH SOLE 94194 0 13355 ROYAL DUTCH SHELL PLC COMMON 780259206 247480 4196 SH SOLE 3249 0 947 SCHLUMBERGER LTD COMMON 806857108 454421 11304 SH SOLE 1 6805 0 4499 SCHWAB CHARLES CORP COMMON 808513105 10684925 224662 SH SOLE 1 148712 0 75950 SIMON PPTY GROUP INC COMMON 828806109 3748727 25166 SH SOLE 1 20115 0 5051 STARS GROUP INC COM COMMON 85570W100 240472 9217 SH SOLE 9217 0 0 STATE STREET CORP COMMON 857477103 978863 12375 SH SOLE 1 8100 0 4275 SYNCHRONY FINANCIAL COMMON 87165B103 7278377 202121 SH SOLE 1 149651 0 52470 SYSCO CORP COMMON 871829107 401610 4695 SH SOLE 1 1500 0 3195 T MOBILE US INC COMMON 872590104 1749942 22315 SH SOLE 12850 0 9465 TAIWAN SEMICONDUCTOR COMMON 874039100 9385881 161547 SH SOLE 1 131414 0 30133 TE CONNECTIVITY LTD COMMON H84989104 891791 9305 SH SOLE 1 8405 0 900 TESLA MTRS INC COMMON 88160R101 209165 500 SH SOLE 1 500 0 0 TEXAS INSTRUMENTS INC COMMON 882508104 2116913 16501 SH SOLE 1 13901 0 2600 TEXAS PAC LAND TRUST COMMON 882610108 2071795 2652 SH SOLE 900 0 1752 THERMO FISHER SCIENTI COMMON 883556102 9143141 28144 SH SOLE 1 25423 0 2721 THL CREDIT INC COM COMMON 872438106 181495 28763 SH SOLE 0 0 28763 TOLL BROTHERS INC COMMON 889478103 1084510 27449 SH SOLE 1 20989 0 6460 TRACTOR SUPPLY CO COMMON 892356106 593344 6350 SH SOLE 1 1250 0 5100 TRUIST FINANCIAL CORP COMMON 89832Q109 16020956 284463 SH SOLE 1 196990 0 87473 UNILEVER N V COMMON 904784709 275808 4800 SH SOLE 1 0 0 4800 UNILEVER PLC ADR COMMON 904767704 2236490 39120 SH SOLE 1 23746 0 15374 UNION PACIFIC CORP COMMON 907818108 2453320 13570 SH SOLE 1 4458 0 9112 UNITED PARCEL SVC INC COMMON 911312106 295928 2528 SH SOLE 1 1528 0 1000 UNITED TECHNOLOGIES C COMMON 913017109 9328101 62287 SH SOLE 1 36535 0 25752 UNIVEST CORP PA COMMON 915271100 248572 9282 SH SOLE 9282 0 0 US BANCORP DEL 5.56 percent PREFERR 902973155 2453728 114180 SH SOLE 1 95755 0 18425 V F CORP COMMON 918204108 239184 2400 SH SOLE 2400 0 0 VANGUARD EQUITY-INCOM MUTUAL 921921102 245022 6455 SH SOLE 6455 0 0 VANGUARD MUN BD FD IN MUTUAL 922907704 2700161 243697 SH SOLE 243697 0 0 VANGUARD WORLD FD US MUTUAL 921910600 459896 4128 SH SOLE 1 3170 0 958 VANGUARD/PRIMECAP FD MUTUAL 921936209 1629766 11304 SH SOLE 4985 0 6319 VANGUARD/WELLESLEY IN MUTUAL 921938205 330550 4995 SH SOLE 232 0 4762 VANGUARD/WELLINGTON F MUTUAL 921935201 514660 6870 SH SOLE 0 0 6870 VERIZON COMMUNICATION COMMON 92343V104 12735099 207412 SH SOLE 1 154738 0 52674 VERTEX PHARMACEUTICAL COMMON 92532F100 218950 1000 SH SOLE 1 1000 0 0 VISA INC COMMON 92826C839 27956702 148785 SH SOLE 1 92965 0 55820 W P CAREY INC COMMON 92936U109 200100 2500 SH SOLE 2500 0 0 WAL MART STORES INC COMMON 931142103 12684625 106737 SH SOLE 1 75457 0 31280 WEC ENERGY GROUP INC COMMON 92939U106 415035 4500 SH SOLE 1 2400 0 2100 WELLS FARGO & CO COMMON 949746101 1148415 21346 SH SOLE 1 9146 0 12200 WEYERHAEUSER CO COMMON 962166104 2528495 83725 SH SOLE 1 73555 0 10170 YUM BRANDS INC COMMON 988498101 341072 3386 SH SOLE 1 2656 0 730