0001278249-23-000005.txt : 20230720 0001278249-23-000005.hdr.sgml : 20230720 20230720113537 ACCESSION NUMBER: 0001278249-23-000005 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230630 FILED AS OF DATE: 20230720 DATE AS OF CHANGE: 20230720 EFFECTIVENESS DATE: 20230720 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: 231098705 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 X0202 13F-HR LIVE false false false 0001278249 XXXXXXXX 06-30-2023 06-30-2023 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 07-20-2023 0 196 1090909456 false INFORMATION TABLE 2 informationtable.xml 3M CO COM 88579Y101 1027124 10262 SH SOLE 6262 0 4000 ABBOTT LABS COM 002824100 4593449 42134 SH SOLE 32886 0 9248 ABBVIE INC COM 00287Y109 5598166 41551 SH SOLE 38180 0 3371 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 33820985 109602 SH SOLE 76248 0 33354 ADOBE SYSTEMS INCORPORATED COM 00724F101 12237464 25026 SH SOLE 20346 0 4680 ADVANCED MICRO DEVICES INC COM 007903107 484118 4250 SH SOLE 4250 0 0 AFLAC INC COM 001055102 1098163 15733 SH SOLE 15733 0 0 AIR PRODS & CHEMS INC COM 009158106 5664112 18910 SH SOLE 15545 0 3365 AKAMAI TECHNOLOGIES INC COM 00971T101 2385689 26546 SH SOLE 22121 0 4425 ALLSTATE CORP COM 020002101 712031 6530 SH SOLE 6530 0 0 ALPHABET INC CAP STK CL A 02079K305 15260553 127490 SH SOLE 87705 0 39785 ALPHABET INC CAP STK CL C 02079K107 32153947 265801 SH SOLE 192845 0 72956 ALTRIA GROUP INC COM 02209S103 205889 4545 SH SOLE 3545 0 1000 AMAZON COM INC COM 023135106 5277625 40485 SH SOLE 28360 0 12125 AMERICAN ELEC PWR CO INC COM 025537101 651287 7735 SH SOLE 4935 0 2800 AMERICAN EXPRESS CO COM 025816109 2635123 15127 SH SOLE 12024 0 3103 AMERICAN WTR WKS CO INC NEW COM 030420103 387995 2718 SH SOLE 2718 0 0 AMERIPRISE FINL INC COM 03076C106 2703450 8139 SH SOLE 8139 0 0 AMGEN INC COM 031162100 3346063 15071 SH SOLE 14671 0 400 ANALOG DEVICES INC COM 032654105 8422416 43234 SH SOLE 30249 0 12985 AON PLC SHS CL A G0403H108 17016289 49294 SH SOLE 37959 0 11335 APPLE INC COM 037833100 60422876 311506 SH SOLE 237583 0 73923 APPLIED MATLS INC COM 038222105 379418 2625 SH SOLE 1275 0 1350 AT&T INC COM 00206R102 702566 44048 SH SOLE 33402 0 10646 AUTOMATIC DATA PROCESSING IN COM 053015103 6946683 31606 SH SOLE 20740 0 10866 BANK AMERICA CORP COM 060505104 2396103 83517 SH SOLE 83517 0 0 BECTON DICKINSON & CO COM 075887109 23777055 90061 SH SOLE 66157 0 23904 BERKSHIRE HATHAWAY INC DEL CL A 084670108 517810 1 SH SOLE 1 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5345175 15675 SH SOLE 14144 0 1531 BEST BUY INC COM 086516101 3727935 45490 SH SOLE 31485 0 14005 BLACKROCK INC COM 09247X101 761636 1102 SH SOLE 928 0 174 BLACKSTONE INC COM 09260D107 694207 7467 SH SOLE 6175 0 1292 BOEING CO COM 097023105 447448 2119 SH SOLE 1944 0 175 BOOZ ALLEN HAMILTON HLDG COR CL A 099502106 2470043 22133 SH SOLE 16708 0 5425 BRISTOL-MYERS SQUIBB CO COM 110122108 3787247 59222 SH SOLE 49337 0 9885 BROADCOM INC COM 11135F101 10828129 12483 SH SOLE 12461 0 22 BROWN & BROWN INC COM 115236101 9965072 144757 SH SOLE 99707 0 45050 CANADIAN IMPERIAL BK COMM TO COM 136069101 324966 7614 SH SOLE 7614 0 0 CARRIER GLOBAL CORPORATION COM 14448C104 783628 15764 SH SOLE 7524 0 8240 CATERPILLAR INC COM 149123101 1192112 4845 SH SOLE 3695 0 1150 CDW CORP COM 12514G108 2422200 13200 SH SOLE 13200 0 0 CHEVRON CORP NEW COM 166764100 12686335 80625 SH SOLE 61325 0 19300 CHUBB LIMITED COM H1467J104 332166 1725 SH SOLE 1064 0 661 CHURCH & DWIGHT CO INC COM 171340102 360828 3600 SH SOLE 0 0 3600 CISCO SYS INC COM 17275R102 9286361 179481 SH SOLE 141758 0 37723 CITIGROUP INC COM NEW 172967424 563583 12241 SH SOLE 12125 0 116 CME GROUP INC COM 12572Q105 6423539 34667 SH SOLE 30031 0 4636 COCA COLA CO COM 191216100 11168994 185470 SH SOLE 149393 0 36077 COLGATE PALMOLIVE CO COM 194162103 3990518 51798 SH SOLE 39148 0 12650 COMCAST CORP NEW CL A 20030N101 3422473 82370 SH SOLE 60710 0 21660 COMMERCIAL METALS CO COM 201723103 526600 10000 SH SOLE 10000 0 0 CONOCOPHILLIPS COM 20825C104 979425 9453 SH SOLE 7569 0 1884 CONSOLIDATED EDISON INC COM 209115104 226542 2506 SH SOLE 1100 0 1406 CONSTELLATION BRANDS INC CL A 21036P108 3777849 15349 SH SOLE 11694 0 3655 CORTEVA INC COM 22052L104 761059 13282 SH SOLE 13016 0 266 COSTCO WHSL CORP NEW COM 22160K105 9360813 17387 SH SOLE 9907 0 7480 CROWN CASTLE INC COM 22822V101 1067276 9367 SH SOLE 6467 0 2900 CSX CORP COM 126408103 2498643 73274 SH SOLE 73274 0 0 CULLEN FROST BANKERS INC COM 229899109 4942616 45965 SH SOLE 31665 0 14300 CVS HEALTH CORP COM 126650100 15489802 224068 SH SOLE 166998 0 57070 DANAHER CORPORATION COM 235851102 18242507 76010 SH SOLE 52522 0 23488 DARDEN RESTAURANTS INC COM 237194105 250620 1500 SH SOLE 1500 0 0 DEERE & CO COM 244199105 2700186 6664 SH SOLE 6664 0 0 DIAGEO PLC SPON ADR NEW 25243Q205 10742402 61923 SH SOLE 43693 0 18230 DIGITAL RLTY TR INC COM 253868103 587569 5160 SH SOLE 4560 0 600 DISNEY WALT CO COM 254687106 8794169 98501 SH SOLE 71276 0 27225 DOMINION ENERGY INC COM 25746U109 463370 8947 SH SOLE 8947 0 0 DOVER CORP COM 260003108 349488 2367 SH SOLE 2367 0 0 DOW INC COM 260557103 265341 4982 SH SOLE 4566 0 416 DUKE ENERGY CORP NEW COM NEW 26441C204 1450378 16162 SH SOLE 13762 0 2400 EATON CORP PLC SHS G29183103 6115250 30409 SH SOLE 30217 0 192 EMERSON ELEC CO COM 291011104 658401 7284 SH SOLE 6215 0 1069 ENBRIDGE INC COM 29250N105 3154146 84903 SH SOLE 79000 0 5903 ENTERPRISE PRODS PARTNERS L COM 293792107 4949710 187845 SH SOLE 119205 0 68640 EOG RES INC COM 26875P101 323293 2825 SH SOLE 2275 0 550 EQUINIX INC COM 29444U700 227343 290 SH SOLE 60 0 230 EXXON MOBIL CORP COM 30231G102 5422983 50564 SH SOLE 31252 0 19312 FEDEX CORP COM 31428X106 6865474 27695 SH SOLE 20935 0 6760 FOOT LOCKER INC COM 344849104 216880 8000 SH SOLE 8000 0 0 FORTUNE BRANDS INNOVATIONS I COM 34964C106 291613 4053 SH SOLE 3553 0 500 FRIEDMAN INDS INC COM 358435105 142506 11310 SH SOLE 11310 0 0 GENERAL ELECTRIC CO COM NEW 369604301 299891 2730 SH SOLE 1869 0 861 GENERAL MLS INC COM 370334104 335946 4380 SH SOLE 2180 0 2200 GILEAD SCIENCES INC COM 375558103 262404 3405 SH SOLE 3405 0 0 GLOBE LIFE INC COM 37959E102 679644 6200 SH SOLE 6200 0 0 GULF IS FABRICATION INC COM 402307102 173404 53355 SH SOLE 53355 0 0 HERSHEY CO COM 427866108 1997600 8000 SH SOLE 2700 0 5300 HOME DEPOT INC COM 437076102 8162845 26278 SH SOLE 19152 0 7126 HONEYWELL INTL INC COM 438516106 9699795 46746 SH SOLE 37277 0 9469 HURCO CO COM 447324104 313752 14492 SH SOLE 14492 0 0 ILLINOIS TOOL WKS INC COM 452308109 954110 3814 SH SOLE 2514 0 1300 ILLUMINA INC COM 452327109 243737 1300 SH SOLE 1300 0 0 INTEL CORP COM 458140100 1657454 49565 SH SOLE 41815 0 7750 INTERCONTINENTAL EXCHANGE IN COM 45866F104 3648423 32264 SH SOLE 22404 0 9860 INTERNATIONAL BUSINESS MACHS COM 459200101 1614953 12069 SH SOLE 7419 0 4650 IQVIA HLDGS INC COM 46266C105 25656147 114144 SH SOLE 84404 0 29740 JACOBS SOLUTIONS INC COM 46982L108 21369778 179744 SH SOLE 142874 0 36870 JOHNSON & JOHNSON COM 478160104 21739403 131340 SH SOLE 101363 0 29977 JPMORGAN CHASE & CO COM 46625H100 21653305 148881 SH SOLE 120337 0 28544 KELLOGG CO COM 487836108 414510 6150 SH SOLE 650 0 5500 KEYCORP COM 493267108 266574 28850 SH SOLE 20950 0 7900 KIMBERLY-CLARK CORP COM 494368103 953995 6910 SH SOLE 6910 0 0 L3HARRIS TECHNOLOGIES INC COM 502431109 5374865 27455 SH SOLE 23880 0 3575 LAM RESEARCH CORP COM 512807108 2055866 3198 SH SOLE 3182 0 16 LEIDOS HOLDINGS INC COM 525327102 2797030 31612 SH SOLE 27312 0 4300 LENNAR CORP CL A 526057104 11067675 88322 SH SOLE 69126 0 19196 LILLY ELI & CO COM 532457108 3302088 7041 SH SOLE 6421 0 620 LINDE PLC SHS G54950103 4666325 12245 SH SOLE 9450 0 2795 LOCKHEED MARTIN CORP COM 539830109 2719465 5907 SH SOLE 5907 0 0 LOWES COS INC COM 548661107 18815030 83363 SH SOLE 62848 0 20515 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 679542 7400 SH SOLE 7400 0 0 MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 654360 10500 SH SOLE 6500 0 4000 MARATHON PETE CORP COM 56585A102 510708 4380 SH SOLE 4380 0 0 MARSH & MCLENNAN COS INC COM 571748102 476783 2535 SH SOLE 35 0 2500 MCCORMICK & CO INC COM NON VTG 579780206 252967 2900 SH SOLE 2900 0 0 MCCORMICK & CO INC COM VTG 579780107 346400 4000 SH SOLE 0 0 4000 MCDONALDS CORP COM 580135101 26250050 87966 SH SOLE 66554 0 21412 MEDTRONIC PLC SHS G5960L103 5297365 60129 SH SOLE 41316 0 18813 MERCK & CO INC COM 58933Y105 5838734 50600 SH SOLE 47519 0 3081 META PLATFORMS INC CL A 30303M102 9374776 32667 SH SOLE 22334 0 10333 MICROSOFT CORP COM 594918104 74627589 219145 SH SOLE 167268 0 51877 MONDELEZ INTL INC CL A 609207105 8553820 117272 SH SOLE 92063 0 25209 MOODYS CORP COM 615369105 12410005 35690 SH SOLE 24670 0 11020 NETFLIX INC COM 64110L106 1804688 4097 SH SOLE 3975 0 122 NEXTERA ENERGY INC COM 65339F101 4653230 62712 SH SOLE 61317 0 1395 NIKE INC CL B 654106103 5979847 54180 SH SOLE 39492 0 14688 NORFOLK SOUTHN CORP COM 655844108 2082110 9182 SH SOLE 7332 0 1850 NOVARTIS AG SPONSORED ADR 66987V109 9405720 93209 SH SOLE 67699 0 25510 NVIDIA CORPORATION COM 67066G104 9400778 22223 SH SOLE 2898 0 19325 NXP SEMICONDUCTORS N V COM N6596X109 1378315 6734 SH SOLE 5294 0 1440 ONEOK INC NEW COM 682680103 5067767 82109 SH SOLE 66209 0 15900 ORACLE CORP COM 68389X105 30600532 256953 SH SOLE 199143 0 57810 OTIS WORLDWIDE CORP COM 68902V107 431788 4851 SH SOLE 2089 0 2762 PARKER-HANNIFIN CORP COM 701094104 1502044 3851 SH SOLE 3851 0 0 PAYPAL HLDGS INC COM 70450Y103 522830 7835 SH SOLE 6110 0 1725 PEPSICO INC COM 713448108 20035930 108174 SH SOLE 81062 0 27112 PFIZER INC COM 717081103 2405401 65578 SH SOLE 55383 0 10195 PHILIP MORRIS INTL INC COM 718172109 296765 3040 SH SOLE 3040 0 0 PHILLIPS 66 COM 718546104 1050325 11012 SH SOLE 11012 0 0 PIONEER NAT RES CO COM 723787107 7710825 37218 SH SOLE 29308 0 7910 PNC FINL SVCS GROUP INC COM 693475105 1423231 11300 SH SOLE 11300 0 0 PPG INDS INC COM 693506107 593200 4000 SH SOLE 2400 0 1600 PPL CORP COM 69351T106 349272 13200 SH SOLE 13200 0 0 PROCTER AND GAMBLE CO COM 742718109 13577872 89481 SH SOLE 66881 0 22600 PROLOGIS INC. COM 74340W103 670296 5466 SH SOLE 5466 0 0 PRUDENTIAL FINL INC COM 744320102 675778 7660 SH SOLE 7660 0 0 QUALCOMM INC COM 747525103 4960422 41670 SH SOLE 35395 0 6275 QUANEX BLDG PRODS CORP COM 747619104 349050 13000 SH SOLE 13000 0 0 RAYMOND JAMES FINL INC COM 754730109 3842499 37029 SH SOLE 17100 0 19929 RAYTHEON TECHNOLOGIES CORP COM 75513E101 15592117 159168 SH SOLE 121768 0 37400 REGAL REXNORD CORPORATION COM 758750103 461700 3000 SH SOLE 3000 0 0 REGENERON PHARMACEUTICALS COM 75886F107 443339 617 SH SOLE 117 0 500 RESTAURANT BRANDS INTL INC COM 76131D103 430236 5550 SH SOLE 2650 0 2900 ROPER TECHNOLOGIES INC COM 776696106 1627027 3384 SH SOLE 3359 0 25 RPM INTL INC COM 749685103 269190 3000 SH SOLE 3000 0 0 S&P GLOBAL INC COM 78409V104 4653974 11609 SH SOLE 8773 0 2836 SCHWAB CHARLES CORP COM 808513105 12790806 225667 SH SOLE 157117 0 68550 SENECA FOODS CORP NEW CL A 817070501 1447724 44300 SH SOLE 44300 0 0 SIMON PPTY GROUP INC NEW COM 828806109 2090188 18100 SH SOLE 15800 0 2300 SIMPSON MFG INC COM 829073105 1523500 11000 SH SOLE 11000 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 354208 3200 SH SOLE 3200 0 0 SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 735216 40800 SH SOLE 40800 0 0 SPROTT PHYSICAL GOLD TR UNIT 85207H104 298400 20000 SH SOLE 20000 0 0 STARBUCKS CORP COM 855244109 1970105 19888 SH SOLE 19127 0 761 STATE STR CORP COM 857477103 217710 2975 SH SOLE 0 0 2975 STEEL DYNAMICS INC COM 858119100 1470555 13500 SH SOLE 13500 0 0 STRYKER CORPORATION COM 863667101 306615 1005 SH SOLE 1005 0 0 T-MOBILE US INC COM 872590104 6296198 45329 SH SOLE 32714 0 12615 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 308613 3058 SH SOLE 2758 0 300 TARGET CORP COM 87612E106 1111785 8429 SH SOLE 8363 0 66 TESLA INC COM 88160R101 794995 3037 SH SOLE 3037 0 0 TEXAS INSTRS INC COM 882508104 576784 3204 SH SOLE 1204 0 2000 TEXAS PACIFIC LAND CORPORATI COM 88262P102 2894984 2199 SH SOLE 1950 0 249 THE CIGNA GROUP COM 125523100 799429 2849 SH SOLE 2849 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 17160939 32891 SH SOLE 28186 0 4705 THOR INDS INC COM 885160101 1013783 9795 SH SOLE 9795 0 0 TOLL BROTHERS INC COM 889478103 10104988 127798 SH SOLE 98383 0 29415 TORONTO DOMINION BK ONT COM NEW 891160509 598148 9646 SH SOLE 9646 0 0 TRACTOR SUPPLY CO COM 892356106 1144193 5175 SH SOLE 75 0 5100 TRANE TECHNOLOGIES PLC SHS G8994E103 580092 3033 SH SOLE 3033 0 0 TRAVELERS COMPANIES INC COM 89417E109 1859899 10710 SH SOLE 10710 0 0 TRUIST FINL CORP COM 89832Q109 7339055 241814 SH SOLE 179203 0 62611 UDR INC COM 902653104 219096 5100 SH SOLE 5100 0 0 UNILEVER PLC SPON ADR NEW 904767704 1142585 21918 SH SOLE 9918 0 12000 UNION PAC CORP COM 907818108 6725655 32869 SH SOLE 24839 0 8030 UNITED PARCEL SERVICE INC CL B 911312106 9135656 50966 SH SOLE 47548 0 3418 UNITEDHEALTH GROUP INC COM 91324P102 9888207 20573 SH SOLE 16566 0 4007 VALLEY NATL BANCORP COM 919794107 279000 36000 SH SOLE 36000 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 6686359 179789 SH SOLE 141465 0 38324 VISA INC COM CL A 92826C839 27669745 116514 SH SOLE 75819 0 40695 WALMART INC COM 931142103 9777853 62208 SH SOLE 46558 0 15650 WASTE MGMT INC DEL COM 94106L109 3312947 19104 SH SOLE 18926 0 178 WATSCO INC COM 942622200 8508194 22304 SH SOLE 17856 0 4448 WELLS FARGO CO NEW COM 949746101 5143329 120509 SH SOLE 96799 0 23710 WELLTOWER INC COM 95040Q104 392317 4850 SH SOLE 4850 0 0 ZETA GLOBAL HOLDINGS CORP CL A 98956A105 169092 19800 SH SOLE 19800 0 0