-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Q7N/Z43aNkuqBLbNRsBV6+InEyQk+8oHzU8v/+Er1XUfmJ43GqL94gFyeLjuzZWc q65ustL08JjifMKE2k8vJw== 0001047469-08-005876.txt : 20080505 0001047469-08-005876.hdr.sgml : 20080505 20080505100002 ACCESSION NUMBER: 0001047469-08-005876 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080505 DATE AS OF CHANGE: 20080505 EFFECTIVENESS DATE: 20080505 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HAVERFORD TRUST CO CENTRAL INDEX KEY: 0000842941 IRS NUMBER: 232329854 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-02396 FILM NUMBER: 08800958 BUSINESS ADDRESS: STREET 1: 3 RADNOR CORPORATE CENTER STREET 2: SUITE 450 CITY: RADNOR STATE: PA ZIP: 19087 BUSINESS PHONE: 6109958700 MAIL ADDRESS: STREET 1: 3 RADNOR CORPORATE CENTER STREET 2: SUITE 450 CITY: RADNOR STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: RITTENHOUSE TRUST CO DATE OF NAME CHANGE: 19990329 13F-HR 1 a2185352z13f-hr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2008 Check here if Amendment |_|; Amendment Number: This Amendment (Check only one.): |_| is a restatement. |_| adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Haverford Trust Company Address: 3 Radnor Corporate Center, Suite 450 Radnor, PA 19087 Form 13F File Number: 28-2396 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Eric Drossner Title: Vice President Phone: (610) 995-8726 May 2, 2008 Signature, Place, and Date of Signing: /s/ Eric Drossner - ------------------------------------ Eric Drossner Radnor, PA 19087 May 2, 2008 Report Type (Check only one.): |X| 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) |_| 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) |_| 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 189 Form 13F Information Table Value Total: 2,572,225,473.28 (thousands) List of Other Included Managers: None Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. None FORM 13F AS OF: 03/31/2008 NAME OF REPORTING MANAGER: HAVERFORD (SEC USE ONLY)
ITEM 6: INVESTMENT DISCRETION ---------------------------- B) ITEM 7: SHARED MANA- ITEM 8: ITEM 2: ITEM 5: AS GERS VOTING AUTHORITY (SHARES) TITLE ITEM 3 ITEM 4: SHARES OF DEFINED C) SEE -------------------------------- ITEM 1: OF CUSIP FAIR MARKET PRINCIPAL IN SHARED INSTR. B) C) NAME OF ISSUER CLASS NUMBER VALUE AMOUNT A) SOLE INST. V OTHER V A) SOLE SHARED NONE - ------------------------------------------------------------------------------------------------------------------------------------ 3M COMPANY Common Stocks 88579Y101 51,538,484.90 651,149.53 625,159.53 1,575 24,415 458,553.67 0 192,595.85 ABBOTT LABS Common Stocks 002824100 78,093,848.74 1,416,026.27 1,348,246.27 3,350 64,430 984,647.84 0 431,378.43 AFLAC Common Stocks 001055102 89,144,986.29 1,372,517.11 1,277,542.11 4,025 90,950 959,742.66 0 412,774.45 AIR PRODUCTS & Common CHEMICALS INC Stocks 009158106 870,780 9,465 9,465 0 0 4,665 0 4,800 ALCOA INC Common Stocks 013817101 212,970.36 5,906 5,906 0 0 5,906 0 0 ALLERGAN INC Common Stocks 018490102 5,330,603.09 94,531 94,531 0 0 0 0 94,531 ALLSTATE CORP Common Stocks 020002101 491,317.38 10,223 10,223 0 0 10,223 0 0 ALTRIA GROUP Common INC COM Stocks 02209S103 1,583,126.40 71,312 61,312 0 10,000 58,962 0 12,350 AMER INTL GROUP Common Stocks 026874107 99,369,880.04 2,297,569.48 2,210,962.48 3,975 82,632 1,588,929.41 0 708,640.07 AMERICAN Common EXPRESS CO Stocks 025816109 58,729,167.51 1,343,302.09 1,270,752.09 4,275 68,275 916,509.00 0 426,793.09 AMGEN INC Common Stocks 031162100 437,645.50 10,475 10,475 0 0 10,475 0 0 ANHEUSER-BUSCH Common Stocks 035229103 550,799.60 11,608 11,608 0 0 11,608 0 0 APPLE INC Common Stocks 037833100 749,787.50 5,225 5,225 0 0 225 0 5,000 APPLIED MATLS Common INC Stocks 038222105 757,904.97 38,847 38,847 0 0 38,347 0 500 AQUA AMERICA Common INC Stocks 03836W103 661,995 35,250 35,250 0 0 34,184 0 1,066 AT&T INC Common Stocks 00206R102 48,663,328.90 1,270,583 1,144,533 3,800 122,250 864,197 0 406,386 AUTOMATIC DATA Common PROCESSING Stocks 053015103 65,422,374.63 1,543,344.53 1,474,119.53 3,275 65,950 1,071,405.43 0 471,939.10 AVERY DENNISON Common CORP Stocks 053611109 1,667,161.75 33,851 33,851 0 0 3,851 0 30,000 AVON PRODUCTS Common INC Stocks 054303102 236,291.04 5,976 5,976 0 0 5,976 0 0 BANCORP INC Common DEL COM Stocks 05969A105 2,702,525.52 223,719 223,719 0 0 223,719 0 0 BANK NEW YORK Common MELLON CORP Stocks 064058100 1,336,403.25 32,025 29,325 2,700 0 26,425 0 5,600 BANK OF AMERICA Common Stocks 060505104 18,534,350.64 488,904 445,629 3,275 40,000 258,705 0 230,199.00 BARE Common ESCENTUALS INC Stocks 067511105 724,052.72 30,916 30,916 0 0 0 0 30,916 BAXTER INTL INC Common Stocks 071813109 618,269.26 10,693 10,693 0 0 10,093 0 600 BB&T CORP Common Stocks 054937107 920,186.12 28,702 28,702 0 0 26,151 0 2,551 BECKMAN Common COULTER INC Stocks 075811109 1,493,364.25 23,135 23,135 0 0 0 0 23,135 BECTON Common DICKINSON Stocks 075887109 67,041,107.53 780,909.81 745,634.81 1,875 33,400 567,278.83 0 213,630.99 BERKSHIRE HATHAWAY INC Common DEL Stocks 084670108 266,800 2 2 0 0 2 0 0 BERKSHIRE HATHAWAY INC Common DEL CL B Stocks 084670207 4,378,969.10 979 979 0 0 569 0 410 BOEING CO Common Stocks 097023105 339,201.57 4,561 4,561 0 0 4,561 0 0
ITEM 6: INVESTMENT DISCRETION ---------------------------- B) ITEM 7: SHARED MANA- ITEM 8: ITEM 2: ITEM 5: AS GERS VOTING AUTHORITY (SHARES) TITLE ITEM 3 ITEM 4: SHARES OF DEFINED C) SEE ------------------------------ ITEM 1: OF CUSIP FAIR MARKET PRINCIPAL IN SHARED INSTR. B) C) NAME OF ISSUER CLASS NUMBER VALUE AMOUNT A) SOLE INST. V OTHER V A) SOLE SHARED NONE - ---------------------------------------------------------------------------------------------------------------------------------- BP AMOCO ADS Common Stocks 055622104 5,053,903.85 83,329 83,329 0 0 68,750 0 14,579 BRISTOL MYERS Common SQUIBB CO Stocks 110122108 2,373,373.80 111,426 111,301 0 125 103,126 0 8,300 CAMPBELL SOUP Common CO Stocks 134429109 720,215.30 21,214 21,214 0 0 10,274 0 10,940 CARNIVAL CORP Common PAIRED CTF Stocks 143658300 1,185,780.64 29,293 29,293 0 0 9,293 0 20,000 CATERPILLAR INC Common Stocks 149123101 365,379.43 4,667 4,667 0 0 4,616 0 51 CHEVRON Common CORPORATION Stocks 166764100 10,153,401.28 118,948 118,893 0 55 115,158 0 3,790 CHUBB Common CORPORATION Stocks 171232101 665,753.40 13,455 13,455 0 0 13,455 0 0 CIGNA CORP Common Stocks 125509109 423,956.50 10,450 10,450 0 0 6,400 0 4,050 CINCINNATI Common FINANCIAL CORP Stocks 172062101 691,262.88 18,172 18,172 0 0 3,455 0 14,717 CISCO SYS INC Common Stocks 17275R102 1,665,703.05 69,145 46,345 0 22,800 63,180 0 5,965 CITIGROUP INC Common Stocks 172967101 6,558,675.48 306,194 306,194 0 0 164,243 0 141,951 CLOROX CO Common Stocks 189054109 353,603.52 6,243 6,243 0 0 5,493 0 750 COCA-COLA CO Common Stocks 191216100 67,133,243.18 1,102,895.40 1,097,794.40 1,650 3,451 750,580.66 0 352,314.74 COLGATE- Common PALMOLIVE CO Stocks 194162103 57,466,010.48 737,594.80 690,499.80 3,125 43,970 520,056.55 0 217,538.24 COMVERGE INC. Common Stocks 205859101 391,754.92 37,924 37,924 0 0 0 0 37,924 CONOCOPHILLIPS Common COM Stocks 20825C104 3,407,425.31 44,711 44,711 0 0 25,228 0 19,483 CONSOLIDATED Common EDISON INC Stocks 209115104 674,661.80 16,994 16,994 0 0 15,819 0 1,175 CONSTELLATION Common ENERGY GROUP I Stocks 210371100 260,749.58 2,954 2,954 0 0 2,254 0 700 COSTCO WHSL Common CORP NEW COM Stocks 22160K105 216,415.07 3,331 3,281 0 50 2,231 0 1,100 COUNTRYWIDE Common FINANCIAL CORP Stocks 222372104 84,430.50 15,351 15,351 0 0 15,351 0 0 CVS/ CAREMARK Common CORPORATION Stocks 126650100 50,177,817.96 1,238,652.63 1,231,377.63 3,700 3,575 916,851.63 0 321,801 DEERE & CO. Common Stocks 244199105 256,684.04 3,191 3,191 0 0 3,191 0 0 DIAGEO PLC - Common SPONSORED ADR Stocks 25243Q205 410,666.00 5,050 50 0 5,000 50 0 5,000 DIAMONDS TR Common UNIT SER 1 Stocks 252787106 244,800 2,000 2,000 0 0 2,000 0 0 DISNEY WALT Common PRODUCTIONS Stocks 254687106 35,983,665.66 1,146,707 1,049,007 5,000 92,700 815,558 0 331,149 DOMINION RES Common INC VA NEW COM Stocks 25746U109 522,506.96 12,794 12,794 0 0 10,794 0 2,000 DOVER CORP Common Stocks 260003108 307,542.58 7,361 7,361 0 0 7,361 0 0 DOW CHEMICAL Common CORP Stocks 260543103 572,391.05 15,533 15,533 0 0 13,646 0 1,887 DU PONT E I DE Common NEMOURS CO Stocks 263534109 9,411,525.48 201,273 201,273 0 0 184,193 0 17,080 DUKE ENERGY Common CORP Stocks 26441C105 254,416.05 14,253 14,253 0 0 11,532 0 2,721 EAST RIVER BANK Common Stocks 996003992 500,000 50,000 50,000 0 0 50,000 0 0 EATON CORP Common Stocks 278058102 276,454.90 3,470 3,470 0 0 3,470 0 0 EMERSON Common ELECTRIC CO Stocks 291011104 5,377,827.30 104,505 104,505 0 0 54,305 0 50,200 EQUITABLE RES Common INC Stocks 294549100 347,510 5,900 5,900 0 0 5,900 0 0 EXELON CORP Common Stocks 30161N101 1,321,694.01 16,263 16,263 0 0 15,286 0 977
ITEM 6: INVESTMENT DISCRETION ---------------------------- B) ITEM 7: SHARED MANA- ITEM 8: ITEM 2: ITEM 5: AS GERS VOTING AUTHORITY (SHARES) TITLE ITEM 3 ITEM 4: SHARES OF DEFINED C) SEE ------------------------------- ITEM 1: OF CUSIP FAIR MARKET PRINCIPAL IN SHARED INSTR. B) C) NAME OF ISSUER CLASS NUMBER VALUE AMOUNT A) SOLE INST. V OTHER V A) SOLE SHARED NONE - ------------------------------------------------------------------------------------------------------------------------------------ EXXON MOBIL Common CORP Stocks 30231G102 111,085,584.06 1,313,378.86 1,270,432.86 2,275 40,671 910,715.69 0 402,663.18 FIFTH 3RD Common BANCORP Stocks 316773100 620,529.04 29,662 29,662 0 0 13,035 0 16,627 FIRSTENERGY Common CORP Stocks 337932107 359,500.18 5,239 5,239 0 0 5,239 0 0 FLUOR CORP Common NEW COM Stocks 343412102 352,900 2,500 2,500 0 0 2,500 0 0 FORTUNE BRANDS Common INC Stocks 349631101 768,878.50 11,063 11,063 0 0 7,418 0 3,645 FPL GROUP INC Common Stocks 302571104 1,375,260.80 21,920 21,920 0 0 17,254 0 4,666 FREDDIE MAC Common Stocks 313400301 760,916.64 30,052 30,052 0 0 29,702 0 350 FREEPORT MC CL Common B Stocks 35671D857 233,333.50 2,425 2,425 0 0 2,425 0 0 FULTON FINL Common CORP PA Stocks 360271100 202,502.33 16,477 16,477 0 0 3,638 0 12,839 GENERAL Common DYNAMICS CORP Stocks 369550108 595,511.91 7,143 7,143 0 0 4,308 0 2,835 GENERAL Common ELECTRIC Stocks 369604103 153,860,530.92 4,157,269.14 3,908,419.14 7,375 241,475 2,759,562.70 0 1,397,706.44 GENERAL GROWTH Common PPTYS INC Stocks 370021107 267,190 7,000 7,000 0 0 7,000 0 0 GENERAL MILLS Common INC Stocks 370334104 1,516,700.52 25,329 25,329 0 0 13,347 0 11,982 GENUINE PARTS Common CO Stocks 372460105 280,695.38 6,979 6,979 0 0 6,979 0 0 GLAXO PLC SPONSORED Common ADR/ORD SHS Stocks 37733W105 10,855,333.63 255,841 255,841 0 0 119,196 0 136,645 GOLDMAN SACHS Common GROUP INC COM Stocks 38141G104 1,219,089.69 7,371 7,371 0 0 2,955 0 4,416 HARLEY Common DAVIDSON INC Stocks 412822108 484,162.50 12,911 12,911 0 0 12,911 0 0 HARTFORD FINL Common SVCS GROUP INC Stocks 416515104 214,732.18 2,834 2,834 0 0 2,834 0 0 HEINZ H J CO Common Stocks 423074103 2,274,428.31 48,423 48,423 0 0 26,923 0 21,500 HEWLETT Common PACKARD CO Stocks 428236103 37,550,601.36 822,396 816,896 3,600 1,900 633,732 0 188,664 HOME DEPOT INC Common Stocks 437076102 5,555,848.92 198,636 198,636 0 0 130,186 0 68,450 HONEYWELL INTERNATIONAL, Common INC. Stocks 438516106 842,858.38 14,939 14,939 0 0 12,284 0 2,655 HOSPITALITY PPTYS TR SH Common BEN INT Stocks 44106M102 218,306.34 6,417 6,417 0 0 6,417 0 0 ILLINOIS TOOL Common WKS INC Stocks 452308109 1,625,302.77 33,699 33,699 0 0 21,499 0 12,200 INTEGRYS ENERGY GROUP, Common INC Stocks 45822P105 450,962.16 9,669 9,669 0 0 1,269 0 8,400 INTEL Common CORPORATION Stocks 458140100 92,535,808.53 4,369,018.34 4,097,068.34 14,700 257,250 3,042,683.29 0 1,326,335.05 INTERNATIONAL BUSINESS Common MACHINES Stocks 459200101 5,187,747.84 45,056 45,008 0 48 39,419 0 5,637 IPATH DOW JONES-AIG Common COMMODITY Stocks 06738C778 402,170 6,550 6,550 0 0 6,550 0 0 ISHARES TR MSCI EAFE Common INDEX Stocks 464287465 19,682,912.60 273,754 273,754 0 0 273,104 0 650 ISHARES TR S&P Common MIDCAP 400 Stocks 464287507 8,002,866.56 102,944 100,629 1,715 600 100,628 0 2,316 ISHARES TR S&P Common SMALLCAP600 Stocks 464287804 6,367,502.57 106,249 103,294 2,155 800 103,394 0 2,855
ITEM 6: INVESTMENT DISCRETION ---------------------------- B) ITEM 7: SHARED MANA- ITEM 8: ITEM 2: ITEM 5: AS GERS VOTING AUTHORITY (SHARES) TITLE ITEM 3 ITEM 4: SHARES OF DEFINED C) SEE ------------------------------- ITEM 1: OF CUSIP FAIR MARKET PRINCIPAL IN SHARED INSTR. B) C) NAME OF ISSUER CLASS NUMBER VALUE AMOUNT A) SOLE INST. V OTHER V A) SOLE SHARED NONE - ------------------------------------------------------------------------------------------------------------------------------------ J.P. MORGAN Common CHASE & CO Stocks 46625H100 14,543,771.95 338,621 313,621 0 25,000 179,626 0 158,995 JOHNSON & Common JOHNSON Stocks 478160104 138,520,066.18 2,135,348.64 2,032,279.64 4,100 98,969 1,408,306.05 0 727,042.59 JOHNSON Common CONTROLS Stocks 478366107 43,277,815.21 1,280,408.73 1,199,383.73 4,425 76,600 946,885.55 0 333,523.19 KIMBERLY CLARK Common CORP Stocks 494368103 2,075,347.05 32,151 32,106 0 45 28,374 0 3,777 KRAFT FOODS Common INC CL A Stocks 50075N104 1,606,752.14 51,814 51,814 0 0 41,930 0 9,884 LEGG MASON INC Common Stocks 524901105 1,848,683.52 33,024 4,474 0 28,550 3,844 0 29,180 LILLY, ELI & Common COMPANY Stocks 532457108 1,095,410.47 21,233 21,207 0 26 21,083 0 150 LINCOLN NATL Common CORP IND Stocks 534187109 242,320 4,660 4,660 0 0 3,460 0 1,200 LINEAR TECHNOLOGY Common CORP Stocks 535678106 217,193.13 7,077 7,077 0 0 7,077 0 0 LOCKHEED Common MARTIN CORP Stocks 539830109 321,533.40 3,238 3,238 0 0 3,220 0 18 LOWES COS INC Common Stocks 548661107 35,590,155.20 1,551,445.30 1,488,095.30 5,750 57,600 1,194,631.81 0 356,813.49 M & T BK CORP Common Stocks 55261F104 1,328,000.48 16,501 16,501 0 0 6,548 0 9,953 MANULIFE FINL Common CORP Stocks 56501R106 807,075 21,250 21,250 0 0 21,250 0 0 MARATHON OIL Common CORP Stocks 565849106 241,725.60 5,301 5,301 0 0 5,301 0 0 MARSH MCLENNAN Common Stocks 571748102 213,500.80 8,768 8,768 0 0 5,445 0 3,323 MCDONALDS CORP Common Stocks 580135101 1,445,725.71 25,923 25,898 0 25 23,427 0 2,496 MCGRAW-HILL Common Stocks 580645109 2,140,324.28 57,924.88 23,924.88 0 34,000 22,599.88 0 35,325 MEDTRONIC Common Stocks 585055106 89,584,091.41 1,852,058.95 1,760,208.95 6,425 85,425 1,328,954.93 0 523,104.02 MERCK & CO Common Stocks 589331107 7,723,546.05 203,519 203,019 0 500 118,819 0 84,700 MERRILL LYNCH Common & CO. INC. Stocks 590188108 297,524.22 7,303 7,303 0 0 7,303 0 0 METLIFE INC Common Stocks 59156R108 203,317.24 3,374 3,374 0 0 3,374 0 0 MICROSOFT CORP Common Stocks 594918104 93,018,470.10 3,277,606.42 3,047,281.42 7,375 222,950 2,291,971.52 0 985,634.90 MONSANTO CO Common NEW COM Stocks 61166W101 222,331 1,994 1,994 0 0 1,786 0 208 MORGAN STANLEY Common Stocks 617446448 820,954.80 17,964 17,964 0 0 17,964 0 0 MOTOROLA INC Common Stocks 620076109 170,878.20 18,374 18,374 0 0 15,484 0 2,890 NATIONAL CITY Common CORP Stocks 635405103 104,106.85 10,463 10,463 0 0 10,463 0 0 NESTLE S A Common SPON ADR REG Stocks 641069406 448,057.39 3,572 3,572 0 0 3,572 0 0 NOKIA CORP Common Stocks 654902204 587,581.80 18,460 18,385 0 75 15,935 0 2,525 NORFOLK Common SOUTHERN CORP Stocks 655844108 1,147,672.96 21,128 21,028 0 100 21,128 0 0 NORTHROP Common GRUMMAN CORP Stocks 666807102 241,211.00 3,100 3,100 0 0 3,100 0 0 NOVARTIS AG - Common ADR Stocks 66987V109 85,248,583.64 1,664,036.38 1,571,236.38 5,200 87,600 1,161,905.40 0 502,130.98 OCCIDENTAL Common PETE CORP Stocks 674599105 609,140.25 8,325 8,325 0 0 8,293 0 32 ORACLE SYS CORP Common Stocks 68389X105 428,129.28 21,888 21,888 0 0 17,588 0 4,300
ITEM 6: INVESTMENT DISCRETION ---------------------------- B) ITEM 7: SHARED MANA- ITEM 8: ITEM 2: ITEM 5: AS GERS VOTING AUTHORITY (SHARES) TITLE ITEM 3 ITEM 4: SHARES OF DEFINED C) SEE ------------------------------ ITEM 1: OF CUSIP FAIR MARKET PRINCIPAL IN SHARED INSTR. B) C) NAME OF ISSUER CLASS NUMBER VALUE AMOUNT A) SOLE INST. V OTHER V A) SOLE SHARED NONE - ---------------------------------------------------------------------------------------------------------------------------------- PEPSICO INC Common Stocks 713448108 108,509,729.30 1,502,904.84 1,440,354.84 3,300 59,250 975,876.96 0 527,027.88 PFIZER INC Common Stocks 717081103 14,254,250.92 681,044 630,587 0 50,457 417,883 0 263,161 PHILIP H. Common BRADLEY CO. Stocks 961000999 2,250,000 100 100 0 0 100 0 0 PHILLIP MORRIS Common INTL, INC Stocks 718172109 3,606,960.96 71,312 61,312 0 10,000 58,962 0 12,350 PITNEY BOWES Common INC Stocks 724479100 639,325.12 18,256 18,256 0 0 -- 17,256 0 1,000 PLUM CREEK TIMBER CO INC Common COM Stocks 729251108 201,058 4,940 4,940 0 0 1,300 0 3,640 PNC FINANCIAL Common CORP Stocks 693475105 1,656,757.19 25,267 25,267 0 0 24,028 0 1,239 POWERSHARES Common QQQ TRUST Stocks 73935A104 437,200 10,000 10,000 0 0 10,000 0 0 PPG INDS INC Common Stocks 693506107 360,216.03 5,953 5,953 0 0 5,153 0 800 PPL CORP COM Common Stocks 69351T106 577,903.20 12,585 12,585 0 0 10,711 0 1,874 PRAXAIR INC Common Stocks 74005P104 470,761.47 5,589 5,589 0 0 5,589 0 0 PROCTER & Common GAMBLE Stocks 742718109 135,007,332.21 1,926,749.43 1,873,831.43 3,725 49,193 1,288,962.26 0 637,787.16 PRUDENTIAL Common FINL INC COM Stocks 744320102 34,471,960.00 440,536.23 414,261.23 1,550 24,725 308,276.23 0 132,260 QUALCOMM INC Common Stocks 747525103 288,353 7,033 7,033 0 0 7,033 0 0 RAYTHEON CO Common NEW COM Stocks 755111507 284,865.49 4,409 4,409 0 0 4,409 0 0 REGIONS FINANCHIAL Common CORP Stocks 7591EP100 285,367.75 14,449 14,449 0 0 14,449 0 0 ROYAL DUTCH Common SHELL PLC Stocks 780259206 6,379,132.44 92,478 88,353 4,125 0 57,703 0 34,775 SAFEGUARD SCIENTIFICS Common INC. Stocks 786449108 55,428 37,200 0 0 37,200 36,000 0 1,200 SARA LEE CORP Common Stocks 803111103 153,472.44 10,978 10,978 0 0 7,378 0 3,600 SCHERING Common PLOUGH CORP Stocks 806605101 808,328.95 56,095 56,095 0 0 43,945 0 12,150 SCHLUMBERGER Common Stocks 806857108 1,439,154 16,542 16,042 0 500 15,842 0 700 SEMPRA ENERGY Common Stocks 816851109 484,208.64 9,088 9,088 0 0 9,088 0 0 SIMON PERPERTY Common GROUP Stocks 828806109 284,397.51 3,061 3,061 0 0 3,061 0 0 SMART BALANCE Common INC Stocks 83169Y108 79,000 10,000 0 0 10,000 10,000 0 0 SOUTHERN CO Common Stocks 842587107 647,247.36 18,176 18,176 0 0 18,176 0 0 SOUTHERN Common COPPER CORP Stocks 84265V105 525,172.14 5,058 5,058 0 0 5,058 0 0 SOVEREIGN Common BANCORP INC Stocks 845905108 107,655.32 11,551 11,551 0 0 1,050 0 10,501 SPDR TR UNIT Common SER 1 Stocks 78462F103 2,935,144.77 22,241 22,241 0 0 19,766 0 2,475 SPRINT NEXTEL Common CORP Stocks 852061100 79,376.85 11,865 11,865 0 0 6,900 0 4,965 STAPLES INC Common Stocks 855030102 390,816.36 17,676 17,676 0 0 17,676 0 0 STATE STREET Common CORPORATION Stocks 857477103 686,352 8,688 8,688 0 0 8,688 0 0 SUNTRUST BANKS Common INC Stocks 867914103 449,335.86 8,149 8,149 0 0 8,149 0 0 SYSCO CORP Common Stocks 871829107 3,908,674.78 134,689 43,439 0 91,250 36,639 0 98,050 TARGET CORP Common Stocks 87612E106 47,826,803.17 943,701.72 903,026.72 1,750 38,925 703,191.29 0 240,510.43
ITEM 6: INVESTMENT DISCRETION ---------------------------- B) ITEM 7: SHARED MANA- ITEM 8: ITEM 2: ITEM 5: AS GERS VOTING AUTHORITY (SHARES) TITLE ITEM 3 ITEM 4: SHARES OF DEFINED C) SEE ------------------------------ ITEM 1: OF CUSIP FAIR MARKET PRINCIPAL IN SHARED INSTR. B) C) NAME OF ISSUER CLASS NUMBER VALUE AMOUNT A) SOLE INST. V OTHER V A) SOLE SHARED NONE - ------------------------------------------------------------------------------------------------------------------------------------ TEVA PHARMACEUTICAL Common INDS LTDADR Stocks 881624209 314,092 6,800 6,600 0 200 6,800 0 0 TEXAS Common INSTRUMENTS INC Stocks 882508104 1,165,967.88 41,244 41,244 0 0 41,157 0 87 THE HERSHEY Common COMPANY Stocks 427866108 564,070.58 14,974 13,749 1,225 0 13,749 0 1,225 TJX COS INC NEW Common Stocks 872540109 465,427.18 14,074 14,074 0 0 14,074 0 0 TORONTO- Common DOMINION BANK Stocks 891160509 344,593.99 6,800.75 6,800.75 0 0 3,280.05 0 3,520.70 TRAVELERS Common COMPANIES INC Stocks 89417E109 518,119.80 10,828 10,828 0 0 2,991 0 7,837 U S BANCORP Common Stocks 902973304 2,892,336.80 89,380 89,380 0 0 53,880 0 35,500 UNILEVER N V WI Common Stocks 904784709 5,980,733.76 177,312 177,312 0 0 75,677 0 101,635 UNION PACIFIC Common CORP Stocks 907818108 741,622.70 5,915 5,915 0 0 5,340 0 575 UNITED PARCEL Common SVC INC CL B Stocks 911312106 55,417,091.31 758,930.31 723,805.31 1,825 33,300 556,740.31 0 202,190 UNITED TECHNOLOGIES Common CORP Stocks 913017109 73,024,349.86 1,061,091.98 1,005,536.98 3,675 51,880 761,792.98 0 299,299 VALLEY NATL Common BANCORP COM Stocks 919794107 225,583.03 11,743 1,757 0 9,986 1,757 0 9,986 VANGUARD EMERGING Common MARKET ETF Stocks 922042858 10,854,635.14 115,438 111,839 2,699 900 111,972 0 3,466 VANGUARD EUROPE PACIFIC Common ETF Stocks 921943858 17,336,002.80 393,285 367,109 19,301 6,875 368,134 0 25,151 VANGUARD REIT Common ETF Stocks 922908553 218,365 3,500 3,500 0 0 3,500 0 0 VERIZON Common COMMUNICATIONS Stocks 92343V104 7,333,266.15 201,187 151,187 0 50,000 133,840 0 67,347 VODAFONE GROUP Common PLC Stocks 92857W209 973,121.76 32,976 32,976 0 0 32,976 0 0 WACHOVIA GROUP Common COM Stocks 929903102 9,138,825 338,475 338,475 0 0 251,518 0 86,957 WALGREEN Common COMPANY Stocks 931422109 1,114,094.41 29,249 29,249 0 0 27,745 0 1,504 WAL-MART STORES Common Stocks 931142103 50,905,921.87 966,323.50 898,468.50 3,550 64,305 692,130.12 0 274,193.38 WASHINGTON Common MUTUAL INC Stocks 939322103 109,859.80 10,666 10,666 0 0 10,166 0 500 WELLS FARGO CO Common Stocks 949746101 87,618,650.70 3,010,950.20 2,870,950.20 4,950 135,050 2,107,649.79 0 903,300.41 WILMINGTON TR Common CORP Stocks 971807102 464,074.20 14,922 14,922 0 0 14,722 0 200 WRIGLEY WM JR Common CO Stocks 982526105 3,239,841.88 51,557 51,557 0 0 36,732 0 14,825 WRIGLEY WM JR Common CO CL B Stocks 982526204 226,781.20 3,646 3,646 0 0 2,146 0 1,500 WYETH Common Stocks 983024100 9,695,753.28 232,178 232,178 0 0 159,742 0 72,436 - ------------------------------------------------------------------------------------------------------------------------------------ COLUMN TOTAL$ 2,572,225,473.28 55,865,759.24 - ------------------------------------------------------------------------------------------------------------------------------------ 189 companies being reported
-----END PRIVACY-ENHANCED MESSAGE-----