0001278249-16-000016.txt : 20160202 0001278249-16-000016.hdr.sgml : 20160202 20160202134247 ACCESSION NUMBER: 0001278249-16-000016 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151231 FILED AS OF DATE: 20160202 DATE AS OF CHANGE: 20160202 EFFECTIVENESS DATE: 20160202 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: 161380211 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 12-31-2015 12-31-2015 TOWER BRIDGE ADVISORS

101 WEST ELM STREET STE 355 CONSHOHOCKEN PA 19428

13F HOLDINGS REPORT 028-10708 N Jeffrey Kachel 610-260-2205 Jeffrey Kachel Conshohocken PA 02-02-2016 0 203 767612901 false INFORMATION TABLE 2 aci_13f.xml 1/100 BERKSHIRE HTWY COMMON 84990175 593400 300 SH SOLE 300 0 0 3M CO. COMMON 88579Y101 17103515 113539 SH SOLE 1 87301 0 26238 A T & T INC (NEW) COMMON 00206R102 7487448 217595 SH SOLE 1 157595 0 60000 ABBOTT LABS COMMON 2824100 2160845 48115 SH SOLE 1 37680 0 10435 ABBVIE INC COM COMMON 00287Y109 2470604 41705 SH SOLE 1 31850 0 9855 ACCENTURE PLC COMMON G1151C101 15262016 146048 SH SOLE 1 96916 0 48632 AETNA INC COMMON 00817Y108 5711763 52828 SH SOLE 1 40031 0 12797 AIR PRODS & CHEMS INC COMMON 9158106 5751773 44207 SH SOLE 1 38688 0 5519 ALLETE INC NEW COMMON 18522300 211707 4165 SH SOLE 1 4065 0 100 ALPHABET CLASS A COMMON 02079K305 12442714 15993 SH SOLE 1 11403 0 4590 ALPHABET CLASS C COMMON 02079K107 13140763 17316 SH SOLE 1 12494 0 4782 ALTRIA GROUP INC COMMON 02209S103 765170 13145 SH SOLE 1 9895 0 3250 AMAZON COM INC COMMON 23135106 546795 809 SH SOLE 700 0 109 AMERICAN EXPRESS CO. COMMON 25816109 1220881 17554 SH SOLE 10629 0 6925 AMG FDS YACKTMAN FOC MUTUAL 00170K570 220806 11169 SH SOLE 0 0 11169 AMGEN INC COMMON 31162100 2416120 14884 SH SOLE 11951 0 2933 ANADARKO PETROLEUM COMMON 32511107 985591 20288 SH SOLE 16053 0 4235 APPLE INC COMMON 37833100 13143079 124863 SH SOLE 1 100051 0 24362 AQUA AMERICA INC COMMON 03836W103 758859 25465 SH SOLE 18474 0 6991 AUTOMATIC DATA PROCES COMMON 53015103 6860209 80975 SH SOLE 1 57535 0 23440 BANK OF AMERICA CORP COMMON 60505104 239440 14227 SH SOLE 14227 0 0 BAXALTA INC COM COMMON 07177M103 589431 15102 SH SOLE 15102 0 0 BAXTER INTERNATIONAL COMMON 71813109 576141 15102 SH SOLE 15102 0 0 BB&T CORP COMMON 54937107 10198709 269736 SH SOLE 1 190083 0 78653 BECTON DICKINSON & CO COMMON 75887109 17997866 116801 SH SOLE 1 81638 0 35163 BERKSHIRE HATHAWAY IN COMMON 84670702 3146117 23827 SH SOLE 22023 0 1804 BERWYN FD INC INCOME MUTUAL 86233202 761836 59287 SH SOLE 59287 0 0 BLACKSTONE GROUP L.P. COMMON 09253U108 7314474 250153 SH SOLE 1 166958 0 81695 BOEING CO. COMMON 97023105 737264 5099 SH SOLE 4684 0 415 BOSTON PROPERTIES INC COMMON 101121101 216818 1700 SH SOLE 1700 0 0 BP PLC ADR COMMON 55622104 800819 25618 SH SOLE 25618 0 0 BRISTOL MYERS SQUIBB COMMON 110122108 9323796 135540 SH SOLE 1 95325 0 40215 BRYN MAWR BANK CORP COMMON 117665109 654644 22794 SH SOLE 16000 0 6794 BUFFALO HIGH YIELD IN MUTUAL 119539104 137097 12362 SH SOLE 12362 0 0 CAMPBELL SOUP CO COMMON 134429109 924880 17600 SH SOLE 17600 0 0 CARNIVAL CORP COMMON 143658300 16364539 300377 SH SOLE 1 226270 0 73307 CATERPILLAR INC COMMON 149123101 3500959 51515 SH SOLE 1 43550 0 7965 CELGENE CORP COMMON 151020104 321675 2686 SH SOLE 2686 0 0 CHEVRON CORP COMMON 166764100 8282437 92068 SH SOLE 1 73519 0 18549 CHUBB CORP COMMON 171232101 326825 2464 SH SOLE 1 902 0 1562 CISCO SYSTEMS INC COMMON 17275R102 552659 20352 SH SOLE 1 13017 0 7335 COCA COLA CO. COMMON 191216100 2178673 50714 SH SOLE 42105 0 8609 COGNIZANT TECHNOLOGY COMMON 192446102 11458178 190906 SH SOLE 1 146484 0 43722 COLGATE PALMOLIVE CO COMMON 194162103 11898598 178604 SH SOLE 1 132096 0 45808 COMCAST CORP NEW CL A COMMON 20030N101 3065219 54319 SH SOLE 1 34984 0 19335 COMERICA INC COMMON 200340107 265621 6350 SH SOLE 1 4150 0 2200 CONOCOPHILLIPS COMMON 20825C104 1368297 29306 SH SOLE 25308 0 3998 CONSOLIDATED EDISON I COMMON 209115104 583443 9078 SH SOLE 1 4697 0 4381 CORNING INC COMMON 219350105 805197 44048 SH SOLE 44048 0 0 COSTCO WHOLESALE COMMON 22160K105 1773593 10982 SH SOLE 1 6882 0 4100 CULLEN FROST BANKERS COMMON 229899109 2401620 40027 SH SOLE 1 23277 0 16250 CVS HEALTH CORP. COMMON 126650100 14554407 148864 SH SOLE 1 85867 0 62497 DANAHER CORP SHS BEN COMMON 235851102 7286436 78450 SH SOLE 1 46610 0 31340 DENTSPLY INTL INC NEW COMMON 249030107 4486592 73732 SH SOLE 1 36817 0 36215 DIAGEO PLC ADR SPONSO COMMON 25243Q205 11325393 103836 SH SOLE 1 77031 0 26405 DIGITAL REALTY TRUST COMMON 253868103 12140640 160548 SH SOLE 1 113048 0 47500 DISNEY WALT COMPANY COMMON 254687106 4721349 44931 SH SOLE 1 31841 0 13090 DODGE & COX BALANCED MUTUAL 256201104 224073 2373 SH SOLE 2373 0 0 DODGE & COX INCOME FD MUTUAL 256210105 198410 14929 SH SOLE 14929 0 0 DOMINION RES INC VA N COMMON 25746U109 848747 12548 SH SOLE 1 10948 0 1600 DU PONT E I DE NEMOUR COMMON 263534109 3562034 53484 SH SOLE 1 47834 0 5650 DUKE ENERGY CORPORATI COMMON 26441C204 400177 5605 SH SOLE 1 4707 0 898 DUNKIN BRANDS GROUP I COMMON 265504100 6994130 164220 SH SOLE 114910 0 49310 E M C CORP MASS COMMON 268648102 3278180 127655 SH SOLE 108250 0 19405 ECOLAB INC COMMON 278865100 738552 6457 SH SOLE 6400 0 57 EMERSON ELECTRIC CO COMMON 291011104 2452914 51284 SH SOLE 1 42985 0 8299 ENTERPRISE PRODS PART COMMON 293792107 4684727 183140 SH SOLE 1 94397 0 88743 EQT CORP COM COMMON 26884L109 208520 4000 SH SOLE 400 0 3600 EVERSOURCE ENERGY COM COMMON 30040W108 252490 4944 SH SOLE 2544 0 2400 EXPRESS SCRIPTS COMMON 30219G108 7759298 88769 SH SOLE 1 67606 0 20563 EXXON MOBIL COMMON 30231G102 23154131 297038 SH SOLE 1 233701 0 63337 FACEBOOK INC CL A COMMON 30303M102 4779299 45665 SH SOLE 25775 0 19890 FEDEX CORP COMMON 31428X106 8425533 56551 SH SOLE 1 40195 0 16056 FLUOR CORP NEW COM COMMON 343412102 4633463 98125 SH SOLE 1 74590 0 22535 FULTON FINL CORP PA COMMON 360271100 329439 25322 SH SOLE 20322 0 5000 GENERAL ELECTRIC CO COMMON 369604103 17873378 573784 SH SOLE 1 464453 0 109331 GENERAL MILLS INC COMMON 370334104 1984946 34425 SH SOLE 29525 0 4900 GENESEE & WYO INC CL COMMON 371559105 251001 4675 SH SOLE 1 515 0 4160 GILEAD SCIENCES INC COMMON 375558103 262689 2596 SH SOLE 1176 0 1420 GLAXOSMITHKLINE PLC A COMMON 37733W105 1042321 25832 SH SOLE 1 21826 0 4006 GOLDMAN SACHS GROUP I COMMON 38141G104 8636802 47921 SH SOLE 1 36783 0 11138 GOLDMAN SACHS GROUP I PREFERR 38143Y665 3606050 181665 SH SOLE 1 149590 0 32075 GOLDMAN SACHS GROUP I PREFERR 38144G804 1065900 52250 SH SOLE 1 25750 0 26500 GRAINGER W W INC COMMON 384802104 7191972 35500 SH SOLE 1 27136 0 8164 HALLIBURTON CO. COMMON 406216101 4008006 117744 SH SOLE 1 95789 0 21955 HCP INC COMMON 40414L109 308750 8074 SH SOLE 1 3088 0 4986 HERSHEY FOODS CORP COMMON 427866108 1029015 11527 SH SOLE 5127 0 6400 HOME DEPOT INC COMMON 437076102 2324162 17574 SH SOLE 1 16124 0 1450 HONEYWELL INTL INC COMMON 438516106 563628 5442 SH SOLE 2942 0 2500 ILLINOIS TOOL WORKS I COMMON 452308109 2354165 25401 SH SOLE 1 20986 0 4415 IMPERIAL OIL LTD COM COMMON 453038408 1191695 36645 SH SOLE 24245 0 10900 INGERSOLL-RAND PLC COMMON G47791101 208720 3775 SH SOLE 3775 0 0 INT'L BUSINESS MACHIN COMMON 459200101 8628031 62695 SH SOLE 1 47363 0 15132 INTEL CORP COMMON 458140100 2751246 79862 SH SOLE 1 58099 0 21763 INTERCONTINENTALEXCHA COMMON 45866F104 252672 986 SH SOLE 586 0 400 J P MORGAN CHASE & CO COMMON 46625H100 6478005 98107 SH SOLE 1 72439 0 25668 JACOBS ENGINEERING COMMON 469814107 5872581 139990 SH SOLE 100985 0 39005 JOHNSON CONTROLS INC COMMON 478366107 3078048 77945 SH SOLE 1 56995 0 20950 JOHNSON & JOHNSON COMMON 478160104 21782636 212058 SH SOLE 1 175235 0 36823 KELLOGG CO. COMMON 487836108 581484 8046 SH SOLE 650 0 7396 KEYCORP NEW COMMON 493267108 3183011 241320 SH SOLE 1 229645 0 11675 KIMBERLY CLARK CORP COMMON 494368103 3483565 27365 SH SOLE 27365 0 0 KINDER MORGAN INC COMMON 49456B101 3548686 237848 SH SOLE 1 149316 0 86332 KRAFT HEINZ COMPANY COMMON 500754106 357106 4908 SH SOLE 4447 0 461 LILLY, ELI AND COMPAN COMMON 532457108 337124 4001 SH SOLE 2908 0 1093 LINCOLN NATL CORP COMMON 534187109 379463 7550 SH SOLE 7329 0 221 LORD ABBETT INVT TR S MUTUAL 543916464 47177 10946 SH SOLE 10946 0 0 LOWE'S COS INC COMMON 548661107 3040079 39980 SH SOLE 1 34730 0 5250 L-3 COMMUNICATIONS HO COMMON 502424104 603526 5050 SH SOLE 1 1900 0 3150 MAGELLAN MIDSTREAM PA COMMON 559080106 944088 13900 SH SOLE 7000 0 6900 MARRIOTT INTL INC NEW COMMON 571903202 1422589 21220 SH SOLE 1 17675 0 3545 MARSH & MCLENNAN COS COMMON 571748102 249525 4500 SH SOLE 0 0 4500 MCDONALD'S CORP COMMON 580135101 15295822 129472 SH SOLE 1 100369 0 28603 MEDNAX INC COM COMMON 58502B106 2810864 39225 SH SOLE 1 24750 0 13875 MEDTRONIC PLC COMMON G5960L103 969807 12608 SH SOLE 7975 0 4633 MERCK & COMPANY COMMON 58933Y105 5817282 110134 SH SOLE 1 84851 0 25283 METLIFE INC PFD A FLT PREFERR 59156R504 3535782 141149 SH SOLE 104224 0 36925 MICROSOFT CORP COMMON 594918104 16722508 301415 SH SOLE 1 195306 0 105309 MONDELEZ INTL INC COMMON 609207105 600766 13398 SH SOLE 12014 0 1384 NATIONAL OILWELL VARC COMMON 637071101 572177 17085 SH SOLE 15945 0 1140 NESTLE S A REG ADR COMMON 641069406 392858 5275 SH SOLE 5025 0 250 NEXTERA ENERGY INC CO COMMON 65339F101 1246576 11999 SH SOLE 11359 0 640 NIKE INC CL B COMMON 654106103 7245625 115930 SH SOLE 1 73084 0 42846 NOBLE ENERGY COMMON 655044105 270026 8200 SH SOLE 1 3600 0 4600 NORDSTROM INC COMMON 655664100 4427113 88880 SH SOLE 1 72110 0 16770 NORFOLK SOUTHERN CORP COMMON 655844108 2205600 26074 SH SOLE 1 18859 0 7215 NOVARTIS AG SPONSORED COMMON 66987V109 13501397 156920 SH SOLE 1 105105 0 51315 NVIDIA CORP COMMON 67066G104 247200 7500 SH SOLE 1 0 0 7500 ORACLE SYS CORP COMMON 68389X105 1058639 28980 SH SOLE 1 21355 0 7625 OWENS & MINOR INC NEW COMMON 690732102 215880 6000 SH SOLE 0 0 6000 PEPSICO INC COMMON 713448108 15276569 152888 SH SOLE 1 112916 0 39972 PFIZER INC COMMON 717081103 7504519 232482 SH SOLE 1 213166 0 19316 PHILIP MORRIS INTL IN COMMON 718172109 1607874 18290 SH SOLE 1 15300 0 2990 PHILLIPS 66 COM COMMON 718546104 969085 11847 SH SOLE 11631 0 216 PIEDMONT NAT GAS INC COMMON 720186105 883810 15500 SH SOLE 12000 0 3500 PIONEER NATURAL RES C COMMON 723787107 257029 2050 SH SOLE 1150 0 900 PLUM CREEK TIMBER CO. COMMON 729251108 238600 5000 SH SOLE 5000 0 0 PNC FINANCIAL CORP COMMON 693475105 572432 6006 SH SOLE 5188 0 818 PPG INDUSTRIES INC COMMON 693506107 1873627 18960 SH SOLE 1 18260 0 700 PPL CORP COMMON 69351T106 300549 8806 SH SOLE 8806 0 0 PRAXAIR INC COMMON 74005P104 8314470 81196 SH SOLE 1 59932 0 20814 PROCTER & GAMBLE CO COMMON 742718109 13539167 170497 SH SOLE 1 140237 0 30260 PUBLIC SVC ENTERPRISE COMMON 744573106 212795 5500 SH SOLE 5500 0 0 QNB CORP COMMON 74726N107 455979 15174 SH SOLE 15174 0 0 QUALCOMM INC COMMON 747525103 1047486 20956 SH SOLE 1 17106 0 3850 RALPH LAUREN CORP COMMON 751212101 3853864 34570 SH SOLE 29585 0 4635 RAYMOND JAMES FINANCI COMMON 754730109 4525428 78065 SH SOLE 1 43550 0 33515 RAYTHEON CO NEW COMMON 755111507 778188 6249 SH SOLE 6249 0 0 RELIANCE STEEL & ALUM COMMON 759509102 532772 9200 SH SOLE 8350 0 850 ROBERT HALF INTL INC COMMON 770323103 268698 5700 SH SOLE 1 3500 0 2200 ROCHE HLDG LTD ADR COMMON 771195104 11057213 320355 SH SOLE 1 233963 0 85192 ROYAL DUTCH SHELL PLC COMMON 780259206 464448 10143 SH SOLE 9843 0 300 SCHLUMBERGER LTD COMMON 806857108 13206326 189338 SH SOLE 1 136128 0 52660 SCHWAB CHARLES CORP N COMMON 808513105 7788999 236532 SH SOLE 1 153733 0 81099 SCHWAB S&P 500 INDEX MUTUAL 808509855 340886 10801 SH SOLE 10801 0 0 SEALED AIR CORP NEW COMMON 81211K100 331289 7428 SH SOLE 7428 0 0 SIMON PPTY GROUP INC COMMON 828806109 630958 3245 SH SOLE 3045 0 200 SPECTRA ENERGY CORP COMMON 847560109 6205248 259200 SH SOLE 1 169742 0 89458 STARWOOD HOTELS & RES COMMON 85590A401 3438089 49626 SH SOLE 29456 0 19470 STATE STREET CORP COMMON 857477103 13536422 203985 SH SOLE 1 141092 0 62193 SYNCHRONY FINANCIAL COMMON 87165B103 690307 22700 SH SOLE 16275 0 6425 SYNGENTA AG SPONSORED COMMON 87160A100 340114 4320 SH SOLE 2120 0 2200 SYSCO CORP COMMON 871829107 392575 9575 SH SOLE 7275 0 2300 T ROWE PRICE GROUP IN COMMON 74144T108 1359740 19020 SH SOLE 1 6200 0 12820 TAIWAN SEMICONDUCTOR COMMON 874039100 8277588 363850 SH SOLE 1 285675 0 78175 TELEFLEX INC COMMON 879369106 249755 1900 SH SOLE 1900 0 0 TEMPLETON WORLD A MUTUAL 880196100 346067 23056 SH SOLE 0 0 23056 TEXAS INSTRUMENTS INC COMMON 882508104 1169371 21335 SH SOLE 21335 0 0 TEXAS PAC LAND TRUST COMMON 882610108 759336 5800 SH SOLE 2500 0 3300 THERMO FISHER SCIENTI COMMON 883556102 2669475 18819 SH SOLE 18819 0 0 TOLL BROTHERS INC COMMON 889478103 2270094 68171 SH SOLE 1 36866 0 31305 TRACTOR SUPPLY CO COMMON 892356106 767277 8974 SH SOLE 1 1374 0 7600 UNILEVER N V COMMON 904784709 560041 12928 SH SOLE 6985 0 5943 UNILEVER PLC SPON ADR COMMON 904767704 7747284 179668 SH SOLE 1 123139 0 56529 UNION PACIFIC CORP COMMON 907818108 1209832 15471 SH SOLE 1 5085 0 10386 UNITED NAT FOODS INC COMMON 911163103 3331548 84643 SH SOLE 1 51313 0 32130 UNITED PARCEL SVC INC COMMON 911312106 345273 3588 SH SOLE 2588 0 1000 UNITED TECHNOLOGIES C COMMON 913017109 8979951 93473 SH SOLE 1 68420 0 24553 UNIVEST CORP PA COMMON 915271100 443046 21239 SH SOLE 21239 0 0 URBAN OUTFITTERS INC COMMON 917047102 1858675 81700 SH SOLE 1 48630 0 31570 US BANCORP DEL PFD B PREFERR 902973155 3752702 171827 SH SOLE 1 128067 0 43760 US BANCORP NEW COMMON 902973304 235453 5518 SH SOLE 1 1018 0 4500 V F CORP COMMON 918204108 248689 3995 SH SOLE 1 2695 0 1300 VANGUARD EQUITY-INCOM MUTUAL 921921102 228463 7729 SH SOLE 1 4785 0 2944 VANGUARD INDEX FDS LA MUTUAL 922908637 809710 8660 SH SOLE 6310 0 2350 VANGUARD INDEX FDS LC MUTUAL 922908579 261200 5530 SH SOLE 0 0 5530 VANGUARD MORGAN GROWT MUTUAL 921928107 239454 9609 SH SOLE 1 0 0 9609 VANGUARD SPECIALIZED MUTUAL 921908885 519298 5587 SH SOLE 0 0 5587 VANGUARD WINDSOR II A MUTUAL 922018304 240123 4040 SH SOLE 4040 0 0 VANGUARD/PRIMECAP FD MUTUAL 921936209 333009 3225 SH SOLE 1025 0 2199 VANGUARD/WELLESLEY IN MUTUAL 921938205 243647 4102 SH SOLE 0 0 4102 VANGUARD/WELLINGTON F MUTUAL 921935201 344905 5428 SH SOLE 0 0 5428 VERIZON COMMUNICATION COMMON 92343V104 12160298 263096 SH SOLE 1 200082 0 63014 VERTEX PHARMACEUTICAL COMMON 92532F100 578818 4600 SH SOLE 4600 0 0 VIRTUS INSIGHT TR EMR MUTUAL 92828T889 507644 56657 SH SOLE 56657 0 0 VISA INC COM CL A COMMON 92826C839 16473481 212424 SH SOLE 1 132498 0 79526 WAL MART STORES INC COMMON 931142103 5429402 88571 SH SOLE 1 73666 0 14105 WEC ENERGY GROUP INC COMMON 92939U106 227303 4430 SH SOLE 2930 0 1500 WELLS FARGO & CO NEW COMMON 949746101 1914287 35215 SH SOLE 1 25515 0 9700 WELLS FARGO & CO NEW PREFERR 949746879 581256 20700 SH SOLE 14100 0 6600 WHIRLPOOL CORP COMMON 963320106 4422990 30115 SH SOLE 1 16670 0 13145 XILINX INC COM COMMON 983919101 305305 6500 SH SOLE 6500 0 0 YUM BRANDS INC COMMON 988498101 255675 3500 SH SOLE 2900 0 600