The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101 20,583 125,262 SH   SOLE   125,262 0 0
ABBOTT LABS INC COM 002824100 43,645 969,448 SH   SOLE   969,448 0 0
ABBVIE INC COM 00287Y109 1,292 19,739 SH   SOLE   19,739 0 0
ADVANCED AUTO PARTS COM 00751Y106 1,582 9,930 SH   SOLE   9,930 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 24,797 605,687 SH   SOLE   605,687 0 0
AIR PRODUCTS & CHEMICALS INC COM 009158106 1,051 7,285 SH   SOLE   7,285 0 0
ALASKA AIR GROUP INC COM 011659109 1,724 28,850 SH   SOLE   28,850 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 740 4,000 SH   SOLE   4,000 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 1,524 13,110 SH   SOLE   13,110 0 0
ALTRIA GROUP INC COM 02209S103 909 18,447 SH   SOLE   18,447 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 2,261 42,150 SH   SOLE   42,150 0 0
AMERICAN EXPRESS CO COM 025816109 407 4,373 SH   SOLE   4,373 0 0
AMERICAN INTERNATIONAL GROUP COM 026874784 21,128 377,217 SH   SOLE   377,217 0 0
AMGEN INC COM 031162100 38,133 239,392 SH   SOLE   239,392 0 0
AMPCO-PITTSBURG CORP COM 032037103 2,548 132,375 SH   SOLE   132,375 0 0
APPLE INC COM 037833100 41,341 374,536 SH   SOLE   374,536 0 0
AQUA AMERICA INC COM 03836W103 4,312 161,497 SH   SOLE   161,497 0 0
ARTESIAN RESOURCES CORP Class A 043113208 518 22,950 SH   SOLE   22,950 0 0
AT & T INC COM 00206R102 2,522 75,085 SH   SOLE   75,085 0 0
AVON PRODS INC COM 054303102 4,952 527,400 SH   SOLE   527,400 0 0
AZZ INC COM 002474104 6,733 143,500 SH   SOLE   143,500 0 0
BANK OF AMERICA CORP COM 060505104 41,281 2,307,504 SH   SOLE   2,307,504 0 0
BAXTER INTERNATIONAL INC COM 071813109 350 4,774 SH   SOLE   4,774 0 0
BERKSHIRE HATHAWAY INC Class B 084670702 26,444 176,114 SH   SOLE   176,114 0 0
BIOGEN IDEC INC COM 09062X103 9,384 27,645 SH   SOLE   27,645 0 0
BOSTON PRIVATE FINANCIAL HOLDING COM 101119105 1,482 110,050 SH   SOLE   110,050 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,202 20,364 SH   SOLE   20,364 0 0
CABLEVISION NY GROUP Class A 12686C109 5,891 285,416 SH   SOLE   285,416 0 0
CBS CORPORATION Class B 124857202 22,941 414,545 SH   SOLE   414,545 0 0
CELGENE CORP COM 151020104 4,420 39,510 SH   SOLE   39,510 0 0
CHEVRON CORPORATION COM 166764100 30,331 270,381 SH   SOLE   270,381 0 0
CIT GROUP INC COM 125581801 21,954 458,995 SH   SOLE   458,995 0 0
CITIGROUP INC COM 172967424 390 7,212 SH   SOLE   7,212 0 0
CLARCOR INC COM 179895107 5,463 81,972 SH   SOLE   81,972 0 0
CLOROX COMPANY COM 189054109 284 2,725 SH   SOLE   2,725 0 0
COCA COLA CO COM 191216100 440 10,429 SH   SOLE   10,429 0 0
COLGATE-PALMOLIVE COM 194162103 341 4,930 SH   SOLE   4,930 0 0
CONAGRA FOODS INC COM 205887102 16,041 442,155 SH   SOLE   442,155 0 0
CONOCOPHILLIPS COM 20825C104 1,154 16,716 SH   SOLE   16,716 0 0
CONSOLIDATED EDISON INC COM 209115104 325 4,930 SH   SOLE   4,930 0 0
COTT CORPORATION COM 22163N106 1,214 176,450 SH   SOLE   176,450 0 0
CSX CORPORATION COM 126408103 582 16,075 SH   SOLE   16,075 0 0
CUMMINS INC COM 231021106 266 1,847 SH   SOLE   1,847 0 0
DARDEN RESTAURANTS INC. COM 237194105 11,444 195,187 SH   SOLE   195,187 0 0
DEVON ENERGY CORPORATION COM 25179M103 27,402 447,677 SH   SOLE   447,677 0 0
DOMINION RESOURCES INC COM 25746U109 4,536 58,980 SH   SOLE   58,980 0 0
DU PONT, E I DE NEMOURS & CO COM 263534109 27,647 373,910 SH   SOLE   373,910 0 0
DUKE ENERGY CORP COM 26441C204 593 7,101 SH   SOLE   7,101 0 0
EATON CORP PLC SHS G29183103 1,194 17,575 SH   SOLE   17,575 0 0
EBAY INC COM 278642103 29,471 525,149 SH   SOLE   525,149 0 0
ELI LILLY & CO COM 532457108 769 11,150 SH   SOLE   11,150 0 0
EMC CORP COM 268648102 19,363 651,064 SH   SOLE   651,064 0 0
EMERSON ELECTRIC COM 291011104 853 13,825 SH   SOLE   13,825 0 0
EXPRESS SCRIPTS HOLDING CO COM 30219G108 2,006 23,687 SH   SOLE   23,687 0 0
EXXON MOBIL CORPORATION COM 30231G102 1,371 14,834 SH   SOLE   14,834 0 0
FIREEYE INC COM 31816Q101 761 24,100 SH   SOLE   24,100 0 0
FIRST NIAGARA FINANCIAL GROUP INC COM 33582V108 8,349 990,400 SH   SOLE   990,400 0 0
FNB CORPORATION COM 302520101 3,548 266,375 SH   SOLE   266,375 0 0
FORD MOTOR COMPANY COM 345370860 16,963 1,094,390 SH   SOLE   1,094,390 0 0
FRANKLIN RESOURCES INC COM 354613101 559 10,093 SH   SOLE   10,093 0 0
FRISCHS RESTAURANTS INC COM 358748101 611 23,250 SH   SOLE   23,250 0 0
GENERAL DYNAMICS CORP COM 369550108 252 1,828 SH   SOLE   1,828 0 0
GENERAL ELECTRIC CORP COM 369604103 1,455 57,590 SH   SOLE   57,590 0 0
GENERAL MILLS COM 370334104 341 6,402 SH   SOLE   6,402 0 0
GILEAD SCIENCES INC COM 375558103 12,828 136,092 SH   SOLE   136,092 0 0
GLOBAL BRASS & COPPER HOLDINGS COM 37953G103 732 55,635 SH   SOLE   55,635 0 0
GOOGLE INC Class A 38259P508 27,806 52,398 SH   SOLE   52,398 0 0
GOOGLE INC Class C 38259P706 1,298 2,465 SH   SOLE   2,465 0 0
GSV CAPITAL CORP COM 36191J101 367 42,500 SH   SOLE   42,500 0 0
HARTFORD FINANCIAL SERVICES GROUP COM 416515104 281 6,750 SH   SOLE   6,750 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 19,063 764,368 SH   SOLE   764,368 0 0
HESS CORPORATION COM 42809H107 4,465 60,488 SH   SOLE   60,488 0 0
HEXCEL CORP COM 428291108 24,091 580,637 SH   SOLE   580,637 0 0
HOME DEPOT INC COM 437076102 706 6,730 SH   SOLE   6,730 0 0
HONEYWELL INTERNATIONAL INC COM 438516106 1,954 19,560 SH   SOLE   19,560 0 0
HOSPIRA INC COM 441060100 12,366 201,897 SH   SOLE   201,897 0 0
HURCO COMPANIES COM 447324104 1,252 36,725 SH   SOLE   36,725 0 0
IBM CORPORATION COM 459200101 17,365 108,232 SH   SOLE   108,232 0 0
ILLINOIS TOOL WORKS COM 452308109 477 5,035 SH   SOLE   5,035 0 0
ILLUMINA INC COM 452327109 2,775 15,032 SH   SOLE   15,032 0 0
INTEGRA LIFESCIENCES CORP COM 457985208 610 11,250 SH   SOLE   11,250 0 0
INTEL CORP COM 458140100 3,226 88,895 SH   SOLE   88,895 0 0
INTREXON CORP COM 46122T102 1,723 62,600 SH   SOLE   62,600 0 0
ITT CORP COM 450911201 905 22,356 SH   SOLE   22,356 0 0
JOHNSON & JOHNSON COM 478160104 956 9,141 SH   SOLE   9,141 0 0
JP MORGAN CHASE & CO COM 46625H100 24,234 387,246 SH   SOLE   387,246 0 0
KEYSIGHT TECHNOLOGIES INC COM 49338L103 19,665 582,312 SH   SOLE   582,312 0 0
KIMBERLY-CLARK CORP COM 494368103 332 2,870 SH   SOLE   2,870 0 0
KRAFT FOODS GROUP INC COM 50076Q106 32,753 522,715 SH   SOLE   522,715 0 0
L-3 COMMMUNICATIONS HOLDINGS INC COM 502424104 20,225 160,248 SH   SOLE   160,248 0 0
LABORATORY CORP AMERICA HLDGS COM 50540R409 1,413 13,100 SH   SOLE   13,100 0 0
LSB INDUSTRIES INC COM 502160104 550 17,500 SH   SOLE   17,500 0 0
MANITOWOC INC COM COM 563571108 8,622 390,115 SH   SOLE   390,115 0 0
MARATHON OIL CORP COM 565849106 306 10,800 SH   SOLE   10,800 0 0
MASCO CORP COM 574599106 1,378 54,670 SH   SOLE   54,670 0 0
MCDONALDS CORP COM 580135101 411 4,382 SH   SOLE   4,382 0 0
MEDTRONIC COM 858055106 2,680 37,117 SH   SOLE   37,117 0 0
MERCK & CO INC COM 58933Y105 1,077 18,973 SH   SOLE   18,973 0 0
METLIFE INC COM 59156R108 313 5,790 SH   SOLE   5,790 0 0
MFS CHARTER INCOME TRUST SH BEN INT 552727109 110 12,000 SH   SOLE   12,000 0 0
MFS INTER INCOME TRUST SH BEN INT 55273C107 77 16,100 SH   SOLE   16,100 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 21,621 479,305 SH   SOLE   479,305 0 0
MICROSOFT CORP COM 594918104 871 18,754 SH   SOLE   18,754 0 0
MONDELEZ INTERNATIONAL INC COM 609207105 1,447 39,830 SH   SOLE   39,830 0 0
NATIONAL FUEL GAS CO COM 636180101 5,349 76,936 SH   SOLE   76,936 0 0
NEXTERA ENERGY INC COM 65339F101 1,072 10,084 SH   SOLE   10,084 0 0
NIKE INC Class B 654106103 20,284 210,958 SH   SOLE   210,958 0 0
NORTHEAST UTILITIES COM 664397106 286 5,353 SH   SOLE   5,353 0 0
NORTHWEST NATURAL GAS CO COM 667655104 9,059 181,543 SH   SOLE   181,543 0 0
NVIDIA CORP COM 67066G104 1,466 73,135 SH   SOLE   73,135 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 2,441 30,277 SH   SOLE   30,277 0 0
PEOPLES UNITED FINANCIAL, INC COM 712704105 445 29,335 SH   SOLE   29,335 0 0
PEPSICO INC COM 713448108 28,369 300,010 SH   SOLE   300,010 0 0
PERRIGO CO COM G97822103 18,137 108,499 SH   SOLE   108,499 0 0
PETSMART INC COM 716768106 254 3,125 SH   SOLE   3,125 0 0
PFIZER INC COM 717081103 1,240 39,819 SH   SOLE   39,819 0 0
PICO HOLDINGS INC COM 693366205 588 31,175 SH   SOLE   31,175 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 755 8,275 SH   SOLE   8,275 0 0
PPL CORPORATION COM 69351T106 475 13,080 SH   SOLE   13,080 0 0
PROCERA NETWORKS INC COM 74269U203 234 32,579 SH   SOLE   32,579 0 0
PROCTER & GAMBLE COMPANY COM 742718109 27,189 298,487 SH   SOLE   298,487 0 0
PUBLIC SERVICE ENTERPRISE GROUP COM 744573106 297 7,183 SH   SOLE   7,183 0 0
QUALCOMM INC COM 747525103 29,287 394,015 SH   SOLE   394,015 0 0
QUEST DIAGNOSTICS INC COM 74834L100 15,400 229,648 SH   SOLE   229,648 0 0
QUICKLOGIC CORP COM 74837P108 31 10,000 SH   SOLE   10,000 0 0
RAYTHEON COMPANY COM 755111507 18,775 173,565 SH   SOLE   173,565 0 0
REGENERON PHARMACEUTICALS INC COM 75886F107 2,113 5,150 SH   SOLE   5,150 0 0
RITE AID CORP COM 767754104 171 22,764 SH   SOLE   22,764 0 0
RPM INTERNATIONAL INC COM 749685103 11,477 226,330 SH   SOLE   226,330 0 0
SANOFTI-AVENTIS SHS 80105N105 322 7,050 SH   SOLE   7,050 0 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 5,777 95,735 SH   SOLE   95,735 0 0
SOUTHERN CO COM 842587107 1,008 20,535 SH   SOLE   20,535 0 0
SPDR S&P MIDCAP 400 ETF TRUST SH BEN INT 78467Y107 312 1,181 SH   SOLE   1,181 0 0
STANLEY BLACK & DECKER INC COM 854502101 18,302 190,487 SH   SOLE   190,487 0 0
STARZ LIBERTY CAPITAL COM 85571Q102 1,635 55,060 SH   SOLE   55,060 0 0
STEPAN CO COM 858586100 687 17,150 SH   SOLE   17,150 0 0
SUSQUEHANNA BANCSHARES INC PA COM 869099101 8,193 610,040 SH   SOLE   610,040 0 0
TERADATA CORP COM 88076W103 9,761 223,461 SH   SOLE   223,461 0 0
TETRA TECH INC COM 88162G103 2,547 95,394 SH   SOLE   95,394 0 0
TEVA PHARMACEUTICAL INDS LTD SHS 881624209 288 5,008 SH   SOLE   5,008 0 0
TIME WARNER INC COM 887317303 20,481 239,765 SH   SOLE   239,765 0 0
TIMKEN CO COM 887389104 9,467 221,804 SH   SOLE   221,804 0 0
TJX COMPANIES COM 872540109 12,428 181,220 SH   SOLE   181,220 0 0
UNION PACIFIC CORP COM 907818108 516 4,335 SH   SOLE   4,335 0 0
UNITED TECHNOLOGIES CORP COM 913017109 18,564 161,424 SH   SOLE   161,424 0 0
UNIVEST CORPORATION OF PENNSYLVANIA COM 915271100 6,442 318,305 SH   SOLE   318,305 0 0
US BANCORP COM 902973304 31,155 693,109 SH   SOLE   693,109 0 0
V F CORP COM 918204108 251 3,355 SH   SOLE   3,355 0 0
VERIZON COMMUNICATIONS COM 92343V104 37,209 795,394 SH   SOLE   795,394 0 0
VODAFONE GROUP PLC SHS 92857W308 1,372 40,139 SH   SOLE   40,139 0 0
WASTE MANAGEMENT INC COM 94106L109 306 5,960 SH   SOLE   5,960 0 0
WELLS FARGO & CO NEW COM 949746101 2,550 46,523 SH   SOLE   46,523 0 0
WENDY'S CO COM 95058W100 910 100,760 SH   SOLE   100,760 0 0
WHITING PETROLEUM CORP COM 966387102 7,578 229,648 SH   SOLE   229,648 0 0
WILLIAMS COS INC COM 969457100 681 15,150 SH   SOLE   15,150 0 0
YORK WATER CO COM 987184108 1,445 62,250 SH   SOLE   62,250 0 0