Vice President

0001104659-14-076924.txt : 20141105 0001104659-14-076924.hdr.sgml : 20141105 20141105120348 ACCESSION NUMBER: 0001104659-14-076924 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140930 FILED AS OF DATE: 20141105 DATE AS OF CHANGE: 20141105 EFFECTIVENESS DATE: 20141105 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: 141195951 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: HAVERFORD TRUST CO DATE OF NAME CHANGE: 20060511 FORMER COMPANY: FORMER CONFORMED NAME: RITTENHOUSE TRUST CO DATE OF NAME CHANGE: 19990329 13F-HR 1 primary_doc.xml 13F-HR LIVE 0000842941 XXXXXXXX 09-30-2014 09-30-2014 false HAVERFORD TRUST CO

3 Radnor Corporate Center Suite 450 Radnor PA 19087

13F HOLDINGS REPORT 028-02396 N Eric Drossner Vice President 610-995-8726 Eric Drossner RADNOR PA 11-04-2014 1 228 3347646 false 1 0001508512 028-14088 Drexel Morgan & Co. INFORMATION TABLE 2 a14-21780_1informationtable.xml INFORMATION TABLE 3M COMPANY COM 88579Y101 6233 43994 SH DFND 1 27394 0 16600 ABBOTT LABS COM 002824100 3075 73939 SH DFND 1 53389 0 20550 ABBVIE INC. COM 00287Y109 4115 71241 SH DFND 1 49991 0 21250 ACCENTURE LTD SHS CLASS A G1151C101 66531 818143 SH DFND 1 609518 0 208625 AIR PRODUCTS & CHEMICALS INC COM 009158106 1509 11588 SH DFND 1 11588 0 0 AIRGAS INC COM 009363102 3765 34025 SH DFND 1 34025 0 0 ALERIAN MLP ETF ALERIAN MLP 00162Q866 588 30665 SH DFND 1 30665 0 0 ALLERGAN INC COM 018490102 8934 50137 SH DFND 1 5002 0 45135 ALPINE GROUP, INC. COM 020825600 545 777928 SH DFND 1 777928 0 0 ALTRIA GROUP INC COM COM 02209S103 17603 383181 SH DFND 1 368526 0 14655 AMERICAN EXPRESS CO COM 025816109 54391 621322 SH DFND 1 459927 0 161395 AMGEN INC COM 031162100 3548 25259 SH DFND 1 25259 0 0 ANADARKO PETROLEUM CORP COM 032511107 290 2856 SH DFND 1 2856 0 0 ANHEUSER-BUSCH INBEV SA ADR SPONSORED ADR 03524A108 17959 162015 SH DFND 1 153045 0 8970 AON PLC SHS CL A G0408V102 210 2400 SH DFND 1 2400 0 0 APACHE CORP COM 037411105 266 2830 SH DFND 1 2430 0 400 APPLE INC COM 037833100 79713 791195 SH DFND 1 609904 0 181291 ASA LIMITED SHS G3156P103 153 13037 SH DFND 1 13037 0 0 AT&T INC COM 00206R102 4705 133519 SH DFND 1 125788 0 7731 AUTOMATIC DATA PROCESSING COM 053015103 17831 214628 SH DFND 1 198650 0 15978 BANCORP INC DEL COM COM 05969A105 859 100000 SH DFND 1 100000 0 0 BB&T CORP COM 054937107 200 5377 SH DFND 1 3777 0 1600 BECTON DICKINSON COM 075887109 61792 542942 SH DFND 1 412668 0 130274 BENEFICIAL MUTUAL BANCORP COM 08173R104 179 14000 SH DFND 1 14000 0 0 BERKSHIRE HATHAWAY INC DEL CL A 084670108 1448 7 SH DFND 1 7 0 0 BERKSHIRE HATHAWAY INC DEL CL B CL B NEW 084670702 1215 8799 SH DFND 1 5992 0 2807 BIOGEN IDEC INC COM 09062X103 397 1200 SH DFND 1 1200 0 0 BLACKROCK INC COM 09247X101 88294 268927 SH DFND 1 210517 0 58410 BOEING CO COM 097023105 494 3875 SH DFND 1 3875 0 0 BP PLC SPONSORED ADR 055622104 386 8783 SH DFND 1 8763 0 20 BRISTOL MYERS SQUIBB CO COM 110122108 3447 67349 SH DFND 1 64149 0 3200 BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 680 8539 SH DFND 1 8539 0 0 CAMPBELL SOUP CO COM 134429109 343 8033 SH DFND 1 4908 0 3125 CANADIAN IMPERIAL BANK COM 136069101 16187 180157 SH DFND 1 169521 0 10636 CANADIAN PACIFIC RAILWAY LTD COM 13645T100 804 3875 SH DFND 1 3875 0 0 CATERPILLAR INC COM 149123101 208 2100 SH DFND 1 1850 0 250 CELGENE CORP COM 151020104 221 2332 SH DFND 1 2332 0 0 CENOVUS ENERGY INC COM 15135U109 276 10260 SH DFND 1 10260 0 0 CF INDUSTRIES COM 125269100 363 1300 SH DFND 1 1300 0 0 CHEVRON CORPORATION COM 166764100 77613 650460 SH DFND 1 519353 0 131107 CHUBB CORPORATION COM 171232101 477 5237 SH DFND 1 5237 0 0 CIGNA CORP COM 125509109 330 3640 SH DFND 1 3640 0 0 CISCO SYS INC COM 17275R102 1227 48744 SH DFND 1 47344 0 1400 CLARCOR INC COM 179895107 318 5042 SH DFND 1 5042 0 0 CLOROX CO COM 189054109 461 4799 SH DFND 1 4799 0 0 COCA-COLA CO COM 191216100 51365 1204061 SH DFND 1 897047 0 307014 COLGATE-PALMOLIVE CO COM 194162103 4200 64392 SH DFND 1 47092 0 17300 COMCAST CORP NEW COM CL A CL A 20030N101 1048 19495 SH DFND 1 19495 0 0 COMCAST CORP SPECIAL CL A CL A SPL 20030N200 289 5400 SH DFND 1 5400 0 0 CONOCOPHILLIPS COM 20825C104 2977 38907 SH DFND 1 34857 0 4050 CONSOLIDATED EDISON INC COM 209115104 1156 20400 SH DFND 1 20400 0 0 COSTCO WHSL CORP NEW COM COM 22160K105 371 2960 SH DFND 1 2660 0 300 COVIDIEN PLC SHS G2554F113 10382 120011 SH DFND 1 22561 0 97450 CVS HEALTH CORPORATION COM 126650100 94357 1185541 SH DFND 1 873264 0 312277 DANAHER CORP COM 235851102 351 4623 SH DFND 1 4623 0 0 DARDEN RESTAURANTS COM 237194105 304 5909 SH DFND 1 5909 0 0 DEERE & CO. COM 244199105 238 2900 SH DFND 1 2900 0 0 DIAGEO PLC - SPONSORED ADR SPON ADR NEW 25243Q205 352 3052 SH DFND 1 3052 0 0 DICKS SPORTING GOODS COM 253393102 234 5322 SH DFND 1 5322 0 0 DISNEY WALT PRODUCTIONS COM DISNEY 254687106 90027 1011195 SH DFND 1 761568 0 249627 DOMINION RES INC VA NEW COM COM 25746U109 799 11562 SH DFND 1 11562 0 0 DOVER CORP COM 260003108 459 5709 SH DFND 1 5709 0 0 DOW CHEMICAL CORP COM 260543103 221 4205 SH DFND 1 4205 0 0 DU PONT E I DE NEMOURS CO COM 263534109 92049 1282736 SH DFND 1 1042411 0 240325 DUKE ENERGY CORP COM NEW 26441C204 551 7367 SH DFND 1 7367 0 0 E M C CORP MASS COM 268648102 251 8580 SH DFND 1 8580 0 0 EATON CORP, PLC SHS G29183103 63510 1002202 SH DFND 1 785562 0 216640 EGSHARES EM CONSUMER ETF EGS EMKTCONS ETF 268461779 44737 1705556 SH DFND 1 1595022 0 110534 SWEDISH EXPT CR CORP ROG TTL ETN 22 870297801 177 23440 SH DFND 1 23440 0 0 EMERSON ELECTRIC CO COM 291011104 2196 35098 SH DFND 1 27891 0 7207 ENBRIDGE ENERGY PARTNERS L PCOM COM 29250R106 431 11100 SH DFND 1 11100 0 0 ENCANA CORP COM COM 292505104 218 10260 SH DFND 1 10260 0 0 ENERGY TRANSFER PARTNERS LP UNIT LTD PARTN 29273R109 476 7434 SH DFND 1 7434 0 0 ENTERPRISE PRODUCTS PARTNERS COM 293792107 1998 49576 SH DFND 1 49576 0 0 EOG RESOURCES INC COM 26875P101 338 3418 SH DFND 1 3418 0 0 EXELON CORP COM 30161N101 226 6633 SH DFND 1 6633 0 0 EXXON MOBIL CORP COM 30231G102 82308 875153 SH DFND 1 687896 0 187257 FULTON FINL CORP PA COM 360271100 496 44764 SH DFND 1 44764 0 0 GENERAL AMERICAN INVESTORS COM 368802104 220 5927 SH DFND 1 5927 0 0 GENERAL ELECTRIC COM 369604103 30546 1192270 SH DFND 1 1115792 0 76478 GENERAL MILLS INC COM 370334104 1777 35227 SH DFND 1 30675 0 4552 GENUINE PARTS CO COM 372460105 19175 218613 SH DFND 1 207751 0 10862 GILEAD SCIENCES INC COM 375558103 339 3185 SH DFND 1 3185 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 30096 654694 SH DFND 1 470799 0 183895 GOOGLE INC - CL A CL A 38259P508 245 416 SH DFND 1 416 0 0 GOOGLE INC CL C CL C 38259P706 311 538 SH DFND 1 538 0 0 GUGGENHEIM S&P 500 EQUAL WEIGHT ETF GUG S&P500 EQ WT 78355W106 2591 34190 SH DFND 1 34190 0 0 HAIN CELESTRIAL GROUP COM 405217100 368 3600 SH DFND 1 3600 0 0 HANOVER FOODS CORP - CL A COM 41078W100 821 7333 SH DFND 1 7333 0 0 HOME DEPOT INC COM 437076102 3796 41373 SH DFND 1 36288 0 5085 HONEYWELL INTERNATIONAL, INC. COM 438516106 1588 17057 SH DFND 1 15532 0 1525 HSBC HOLDINGS PLC SPON ADR NEW 404280406 219 4312 SH DFND 1 4312 0 0 ILLINOIS TOOL WKS INC COM 452308109 314 3725 SH DFND 1 3725 0 0 INTEL CORP COM 458140100 21480 616893 SH DFND 1 582619 0 34274 INTERNATIONAL BUSINESS MACHINES COM 459200101 70144 369510 SH DFND 1 274898 0 94612 ISHARES BARCLAYS 1-3 YEAR CREDIT BOND FUND 1-3 YR CR BD ETF 464288646 16012 152093 SH DFND 1 145932 0 6161 ISHARES BARCLAYS INTERMEDIATE CREDIT BOND FUND INTERM CR BD ETF 464288638 36833 336962 SH DFND 1 321428 0 15534 ISHARES BARCLAYS INTERMEDIATE GOVERNMENT/CREDIT BO INTRM GOV/CR ETF 464288612 7449 67567 SH DFND 1 64696 0 2871 ISHARES BARCLAYS MBS BOND FUND MBS ETF 464288588 14995 138697 SH DFND 1 132779 0 5918 ISHARES BARCLAYS TIPS BOND FUND TIPS BD ETF 464287176 261 2330 SH DFND 1 2330 0 0 ISHARES CORE MSCI EMERGING MARKETS ETF CORE MSCI EMKT 46434G103 92282 1844156 SH DFND 1 1730880 0 113276 ISHARES CORE S&P 500 ETF CORE S&P ETF 464287200 377 1900 SH DFND 1 1900 0 0 ISHARES CORE S&P MID-CAP ETF CORE S&P MCP ETF 464287507 45542 333056 SH DFND 1 311068 0 21988 ISHARES CORE S&P SMALL-CAP ETF CORE S&P SCP ETF 464287804 42478 407268 SH DFND 1 378144 0 29124 ISHARES CORE TOTAL U.S. BOND MARKET ETF CORE TOTUSBD ETF 464287226 815 7470 SH DFND 1 7470 0 0 ISHARES DJ SELECT DIVIDEND INDEX FUND SELECT DIVID ETF 464287168 1603 21697 SH DFND 1 21697 0 0 ISHARES DOW JONES INTERNATIONAL SELECT DIVIDEND IN INTL SEL DIV ETF 464288448 47489 1326877 SH DFND 1 1248605 0 78272 ISHARES HIGH DIVIDEND EQUITY HIGH DIVIDND ETF 46429B663 1236 16432 SH DFND 1 16432 0 0 ISHARES IBOXX $ HIGH YIELD CORPORATE BOND FUND IBOXX HI YD ETF 464288513 843 9173 SH DFND 1 9173 0 0 ISHARES IBOXX $ INVESTOP INVESTMENT GRADE BOND FUN IBOXX INV CP ETF 464287242 755 6384 SH DFND 1 5744 0 640 ISHARES MSCI CANADA INDEX FUND MSCI CDA ETF 464286509 23130 753652 SH DFND 1 718657 0 34995 ISHARES MSCI EAFE INDEX FUND MSCI EAFE ETF 464287465 837 13051 SH DFND 1 12351 0 700 ISHARES RUSSELL 1000 GROWTH INDEX FUND RUS 1000 GRW ETF 464287614 2969 32398 SH DFND 1 32398 0 0 ISHARES RUSSELL 1000 VALUE INDEX FUND RUS 1000 VAL ETF 464287598 1896 18939 SH DFND 1 18939 0 0 ISHARES RUSSELL 2000 GROWTH INDEX FUND RUS 2000 GRW ETF 464287648 386 2975 SH DFND 1 2975 0 0 ISHARES RUSSELL MID CAP GROWTH INDEX FUND RUS MD CP GR ETF 464287481 364 4115 SH DFND 1 4115 0 0 ISHARES RUSSELL MID CAP INDEX FUND RUS MID-CAP ETF 464287499 202 1275 SH DFND 1 1075 0 200 ISHARES S&P 500 GROWTH INDEX FUND S&P 500 GRWT ETF 464287309 330 3093 SH DFND 1 3093 0 0 ISHARES S&P GLOBAL MATERIALS SECTOR INDEX FUND GLOBAL MATER ETF 464288695 481 8031 SH DFND 1 8031 0 0 ISHARES S&P LATIN AMERICA 40 INDEX FUND LATN AMER 40 ETF 464287390 436 11820 SH DFND 1 11820 0 0 ISHARES S&P SHORT TERM NATIONAL AMT-FREE MUNICIPAL SHT NTLAMTFR ETF 464288158 1500 14125 SH DFND 1 14125 0 0 ISHARES S&P SMALL CAP 600 VALUE INDEX FUND SP SMCP600VL ETF 464287879 775 7226 SH DFND 1 7226 0 0 ISHARES TRUST ISHARES MSCI ACWI EX US INDEX FUND MSCI ACWI US ETF 464288240 755 16596 SH DFND 1 16596 0 0 ISHR MSCI AUSTRALIA MSCI AUST ETF 464286103 427 17850 SH DFND 1 17850 0 0 J.P. MORGAN CHASE & CO COM 46625H100 93735 1556025 SH DFND 1 1226078 0 329947 JOHNSON & JOHNSON COM 478160104 130042 1220019 SH DFND 1 953013 0 267006 JOHNSON CONTROLS COM 478366107 216 4900 SH DFND 1 4900 0 0 JP MORGAN ALERIAN MLP INDEX ALERIAN ML ETN 46625H365 29993 565050 SH DFND 1 528037 0 37013 KAYNE ANDERSON ENERGY TOTAL RETURN FUND COM 48660P104 227 7124 SH DFND 1 7124 0 0 KAYNE ANDERSON MLP COM 486606106 1660 40638 SH DFND 1 40638 0 0 KIMBERLY CLARK CORP COM 494368103 19800 184065 SH DFND 1 172499 0 11566 KINDER MORGAN EGY PTNS L P UT LTD PT INT UT LTD PARTNER 494550106 366 3925 SH DFND 1 3925 0 0 KITE REALTY GROUP TRUST COM NEW 49803T300 258 10645 SH DFND 1 10645 0 0 KRAFT FOODS GROUP INC COM 50076Q106 18525 328463 SH DFND 1 314928 0 13535 LEGGETT & PLATT INC COM 524660107 17217 493036 SH DFND 1 461921 0 31115 LIBERTY PROPERTY TRUST SH BEN INT 531172104 200 6000 SH DFND 1 6000 0 0 LILLY, ELI & COMPANY COM 532457108 367 5665 SH DFND 1 5465 0 200 LOCKHEED MARTIN CORP COM 539830109 896 4904 SH DFND 1 4404 0 500 LOWES COS INC COM 548661107 743 14032 SH DFND 1 14032 0 0 LVMH MOET HENNESSY ADR COM 502441306 339 10435 SH DFND 1 10435 0 0 M & T BK CORP COM 55261F104 16465 133546 SH DFND 1 126286 0 7260 MAGELLAN MIDSTREAM PARTNERS COM UNIT RP LP 559080106 1919 22800 SH DFND 1 22800 0 0 MARATHON OIL CORP COM 565849106 292 7776 SH DFND 1 7776 0 0 MARATHON PETROLEUM CORP COM 56585A102 333 3938 SH DFND 1 3938 0 0 MARKWEST ENERGY PARTNERS, LP UNIT LTD PARTN 570759100 227 2954 SH DFND 1 2954 0 0 MATTEL INC COM 577081102 14265 465402 SH DFND 1 438901 0 26501 MCDONALDS CORP COM 580135101 73970 780197 SH DFND 1 613519 0 166678 MEDTRONIC COM 585055106 446 7202 SH DFND 1 7202 0 0 MERCK & CO COM 58933Y105 33011 556858 SH DFND 1 515058 0 41800 MICROSOFT CORP COM 594918104 33391 720258 SH DFND 1 666855 0 53403 MIDDLESEX WTR CO COM 596680108 470 24001 SH DFND 1 24001 0 0 MONDELEZ INTERNATIONAL INC CL A CL A 609207105 1103 32181 SH DFND 1 32181 0 0 MONSANTO CO NEW COM 61166W101 291 2589 SH DFND 1 2589 0 0 NESTLE S A SPON ADR REG COM 641069406 837 11388 SH DFND 1 11388 0 0 NEXTERA ENERGY INC COM 65339F101 1418 15109 SH DFND 1 14709 0 400 NIKE INC CL B CL B 654106103 593 6650 SH DFND 1 6650 0 0 NORFOLK SOUTHERN CORP COM 655844108 1579 14150 SH DFND 1 14150 0 0 NORTH AMERICAN PALLADIUM LTD COM 656912102 3 15000 SH DFND 1 15000 0 0 NOVARTIS AG - ADR SPONSORED ADR 66987V109 2918 30998 SH DFND 1 29798 0 1200 NOVO-NORDISK A/S SPONS ADR ADR 670100205 781 16407 SH DFND 1 16407 0 0 OCCIDENTAL PETE CORP COM 674599105 1629 16939 SH DFND 1 16939 0 0 ORACLE SYS CORP COM 68389X105 67491 1763097 SH DFND 1 1311092 0 452005 PALL CORP. COM 696429307 980 11708 SH DFND 1 11708 0 0 PENN VIRGINIA CORP COM 707882106 407 32028 SH DFND 1 32028 0 0 PEPSICO INC COM 713448108 90924 976737 SH DFND 1 752753 0 223984 PETSMART INC COM 716768106 280 4000 SH DFND 1 4000 0 0 PFIZER INC COM 717081103 5719 193399 SH DFND 1 173026 0 20373 PHILIP MORRIS INTL,INC COM 718172109 16891 202530 SH DFND 1 196589 0 5941 PIMCO ENHANCED SHORT MATURITY ETF ENHAN SHRT MAT 72201R833 851 8397 SH DFND 1 8397 0 0 PLAINS ALL AMERICAN PIPELINE UNIT LTD PARTN 726503105 226 3845 SH DFND 1 3845 0 0 PNC FINANCIAL CORP COM 693475105 709 8281 SH DFND 1 7581 0 700 POWERSHARES BUILD AMERICA BONDS BUILD AMER ETF 73937B407 10835 365418 SH DFND 1 347558 0 17860 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 429 4339 SH DFND 1 4339 0 0 PPG INDS INC COM 693506107 400 2035 SH DFND 1 1535 0 500 PPL CORP COM COM 69351T106 648 19726 SH DFND 1 18726 0 1000 PRAXAIR INC COM 74005P104 239 1854 SH DFND 1 1854 0 0 PROCTER & GAMBLE COM 742718109 79070 944235 SH DFND 1 660751 0 283484 PUBLIC SVC ENTERPRISES COM 744573106 307 8255 SH DFND 1 8255 0 0 QUALCOMM INC COM 747525103 89186 1192802 SH DFND 1 880760 0 312042 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 6776 89003 SH DFND 1 67661 0 21342 SANOFI-AVENTIS ADR SPONSORED ADR 80105N105 22829 404559 SH DFND 1 383445 0 21114 SCHLUMBERGER COM 806857108 63663 626046 SH DFND 1 466057 0 159989 SHERWIN WILLIAMS CO COM 824348106 1449 6618 SH DFND 1 6618 0 0 SOUTHERN CO COM 842587107 444 10183 SH DFND 1 10183 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 1386 11925 SH DFND 1 11925 0 0 SPDR TR UNIT SER 1 TR UNIT 78462F103 4211 21373 SH DFND 1 21373 0 0 STRYKER CORP COM 863667101 219 2710 SH DFND 1 2710 0 0 TARGET CORP COM 87612E106 19591 312550 SH DFND 1 295112 0 17438 TEXAS INSTRUMENTS INC COM 882508104 209 4387 SH DFND 1 4387 0 0 THE FINISH LINE, INC. CL A 317923100 348 13920 SH DFND 1 13920 0 0 TIFFANY & CO COM 886547108 270 2800 SH DFND 1 2800 0 0 TJX COS INC NEW COM 872540109 62685 1059404 SH DFND 1 781918 0 277486 TOTAL FINA ELF S A ADR SPONSORED ADR 89151E109 21873 339385 SH DFND 1 321135 0 18250 TRANSDIGM GROUP, INC. COM 893641100 461 2500 SH DFND 1 2500 0 0 TRAVELERS COMPANIES INC COM 89417E109 614 6533 SH DFND 1 3248 0 3285 TRIUMPH GROUP INC COM 896818101 381 5850 SH DFND 1 5850 0 0 TWENTY-FIRST CENTURY FOX, INC. CL A 90130A200 40571 1217968 SH DFND 1 923343 0 294625 U S BANCORP COM NEW 902973304 620 14814 SH DFND 1 5814 0 9000 UBS AG JERSEY BRH ALERIAN INFRST 902641646 329 7189 SH DFND 1 7189 0 0 UNILEVER N V WI N Y SHS NEW 904784709 2883 72646 SH DFND 1 39806 0 32840 UNILEVER PLC SPONSORED ADR SPON ADR NEW 904767704 778 18558 SH DFND 1 18558 0 0 UNION PACIFIC CORP COM 907818108 76277 703530 SH DFND 1 519866 0 183664 UNITED CONTINENTAL HOLDINGS INC. COM 910047109 261 5575 SH DFND 1 5575 0 0 UNITED PARCEL SVC INC CL B CL B 911312106 23690 241022 SH DFND 1 230074 0 10948 UNITED TECHNOLOGIES CORP COM 913017109 68085 644743 SH DFND 1 484389 0 160354 UNITEDHEALTH GROUP INC COM COM 91324P102 60086 696653 SH DFND 1 531613 0 165040 UTILITIES SELECT SECTOR SPDR SBI INT-UTILS 81369Y886 518 12300 SH DFND 1 12300 0 0 VANGUARD DIVIDEND DIV APP ETF 921908844 2565 33337 SH DFND 1 33337 0 0 VANGUARD FTSE ALL WORLD SC ETF FTSE SMCAP ETF 922042718 34880 341529 SH DFND 1 323711 0 17818 VANGUARD FTSE EUROPE ETF FTSE EUROPE ETF 922042874 30119 545433 SH DFND 1 515373 0 30060 VANGUARD HIGH DIVIDEND YIELD ETF HIGH DIV YLD 921946406 781 11767 SH DFND 1 11767 0 0 VANGUARD MSCI EMERGING MARKET ETF FTSE EMR MKT ETF 922042858 6183 148247 SH DFND 1 148247 0 0 VANGUARD MSCI EUROPE PACIFIC ETF FTSE DEV MKT ETF 921943858 58562 1473256 SH DFND 1 1374764 0 98492 VANGUARD REIT ETF REIT ETF 922908553 26493 368720 SH DFND 1 344214 0 24506 VANGUARD S&P 500 ETF S&P 500 ETF SHS 922908363 2077 11499 SH DFND 1 11314 0 185 VANGUARD TOTAL STOCK MARKET TOTAL STK MKT 922908769 1659 16385 SH DFND 1 16385 0 0 VANGUARD VALUE ETF VALUE ETF 922908744 302 3715 SH DFND 1 3715 0 0 VENTAS INC COM 92276F100 244 3933 SH DFND 1 3933 0 0 VERIZON COMMUNICATIONS COM 92343V104 28935 578815 SH DFND 1 547386 0 31429 VODAFONE GROUP PLC SPNSR ADR NO PAR 92857W308 366 11135 SH DFND 1 11135 0 0 WAL-MART STORES COM 931142103 944 12351 SH DFND 1 11351 0 1000 WASTE MGMT INC DEL COM 94106L109 21118 444310 SH DFND 1 415697 0 28613 WELLS FARGO CO COM 949746101 97458 1878890 SH DFND 1 1401761 0 477129 WISDOMTREE DEFA FUND TOTAL DIVID FD 97717W703 508 9720 SH DFND 1 9720 0 0 WISDOMTREE INTL REAL ESTATE FD GLB EX US RL EST 97717W331 209 7383 SH DFND 1 7383 0 0 WISDOMTREE JAPAN HEDGED EQUITY FUND JAPN HEDGE EQT 97717W851 1193 22809 SH DFND 1 22809 0 0 WW GRAINGER INC COM 384802104 58462 232316 SH DFND 1 172938 0 59378 ZIMMER HLDGS INC COM 98956P102 202 2009 SH DFND 1 2009 0 0