13F-HR 1 a2180506z13f-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: September 28, 2007 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 Signature, Place, and Date of Signing: /s/ Eric Drossner ------------------------------------ Eric Drossner Radnor, PA 19087 October 30, 2007 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: 173 Form 13F Information Table Value Total: 55,442,778 (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 1 FORM 13F AS OF: 09/28/2007 (SEC USE ONLY) NAME OF REPORTING MANAGER: HAVERFORD TRUST COMPANY
ITEM 6: ITEM 5: INVESTMENT DISCRETION ITEM 3 ITEM 4: SHARES OF ----------------------------------------- ITEM 1: ITEM 2: CUSIP FAIR MARKET PRINCIPAL B) SHARED AS C) SHARED NAME OF ISSUER TITLE OF CLASS NUMBER VALUE AMOUNT A) SOLE DEFINED IN INST. V OTHER ----------------------------------------------------------------------------------------------------------------------------- 3M COMPANY Common Stocks 88579Y101 63,556,394.61 679,166.43 653,626.43 1,575 23,965 ABBOTT LABS Common Stocks 002824100 78,665,341.67 1,467,089.55 1,400,389.55 3,350 63,350 AFLAC Common Stocks 001055102 95,098,912.08 1,667,231.98 1,572,856.98 4,025 90,350 AIR PRODUCTS & CHEMICALS INC Common Stocks 009158106 824,410.08 8,433 8,433 0 0 ALLERGAN INC Common Stocks 018490102 8,431,773.42 130,786 130,786 0 0 ALLSTATE CORP Common Stocks 020002101 338,564.80 5,920 5,920 0 0 ALLTEL CORP Common Stocks 020039103 566,359.04 8,128 8,128 0 0 ALTRIA GROUP INC COM Common Stocks 02209S103 5,289,494.75 76,075 61,075 0 15,000 AMER INTL GROUP Common Stocks 026874107 123,741,831.20 1,829,147.54 1,746,981.54 1,975 80,191 AMERICAN EXPRESS CO Common Stocks 025816109 77,565,211.35 1,306,471.47 1,265,546.47 4,275 36,650 AMGEN INC Common Stocks 031162100 595,399.25 10,525 10,525 0 0 ANHEUSER-BUSCH Common Stocks 035229103 519,296.12 10,388 10,388 0 0 APPLE INC Common Stocks 037833100 817,227.75 5,325 5,325 0 0 APPLIED MATLS INC Common Stocks 038222105 703,944.90 34,007 34,007 0 0 AQUA AMERICA INC Common Stocks 03836W103 816,820.20 36,015 36,015 0 0 ARCHSTONE-SMITH TRUST Common Stocks 039583109 300,700 5,000 5,000 0 0 AT&T INC Common Stocks 00206R102 8,903,757.86 210,440.98 159,808.98 0 50,632 AUTOMATIC DATA PROCESSING Common Stocks 053015103 73,790,239.70 1,606,580.44 1,537,255.44 3,275 66,050 AVERY DENNISON CORP Common Stocks 053611109 1,916,556.24 33,612 33,612 0 0 AVON PRODUCTS INC Common Stocks 054303102 223,378.56 5,952 5,952 0 0 BANCORP INC DEL COM Common Stocks 05969A105 4,129,852.74 223,719 223,719 0 0 BANK NEW YORK MELLON CORP Common Stocks 064058100 1,399,149.72 31,698 28,998 2,700 0 BANK OF AMERICA Common Stocks 060505104 23,277,473.23 463,049 419,274 3,275 40,500 BAXTER INTL INC Common Stocks 071813109 423,675.84 7,528 7,528 0 0 BB&T CORP Common Stocks 054937107 1,065,488.20 26,380 26,380 0 0 BECKMAN COULTER INC Common Stocks 075811109 1,706,437.60 23,135 23,135 0 0 BECTON DICKINSON Common Stocks 075887109 66,340,659.58 808,539.42 773,364.42 1,875 33,300 BERKSHIRE HATHAWAY INC DEL Common Stocks 084670108 237,020 2 2 0 0 BERKSHIRE HATHAWAY INC DEL CL B Common Stocks 084670207 3,952,000 1,000 1,000 0 0 BP AMOCO ADS Common Stocks 055622104 5,973,392.90 86,134 86,134 0 0 BRISTOL MYERS SQUIBB CO Common Stocks 110122108 2,166,601.14 75,177 75,177 0 0 BROADRIDGE FINANCIAL SOLUTIONS LLC Common Stocks 11133T103 524,100.15 27,657 11,559 0 16,098 CAMPBELL SOUP CO Common Stocks 134429109 844,118 22,814 22,814 0 0 CARNIVAL CORP PAIRED CTF Common Stocks 143658300 1,311,920.27 27,089 27,089 0 0 CATERPILLAR INC Common Stocks 149123101 291,524.31 3,717 3,717 0 0 CHEVRON CORPORATION Common Stocks 166764100 11,791,641.48 126,006 126,006 0 0 CHUBB CORPORATION Common Stocks 171232101 401,602.68 7,487 7,487 0 0 CIGNA CORP Common Stocks 125509109 567,538.50 10,650 10,650 0 0 CINCINNATI FINANCIAL CORP Common Stocks 172062101 777,544.43 17,953 17,953 0 0 CISCO SYS INC Common Stocks 17275R102 2,208,936.08 66,675 44,175 0 22,500 CITIGROUP INC Common Stocks 172967101 84,214,171.16 1,804,460.49 1,678,144.49 3,775 122,541 CLOROX CO Common Stocks 189054109 409,547.85 6,715 6,715 0 0 COCA-COLA CO Common Stocks 191216100 70,477,959.74 1,226,343.48 1,174,593.48 1,650 50,100 COLGATE-PALMOLIVE CO Common Stocks 194162103 82,374,616.83 1,155,000.24 1,101,375.24 3,125 50,500 COMMERCE BANCORP INC NJ Common Stocks 200519106 632,850.82 16,319 16,319 0 0 CONOCOPHILLIPS COM Common Stocks 20825C104 2,992,342.61 34,093 34,093 0 0 CONSOLIDATED EDISON INC Common Stocks 209115104 532,218.50 11,495 11,495 0 0 COSTCO WHSL CORP NEW COM Common Stocks 22160K105 200,066.20 3,260 3,210 0 50 CVS/CAREMARK CORPORATION Common Stocks 126650100 49,532,359.16 1,249,870.28 1,243,720.28 3,700 2,450 DELL INC Common Stocks 24702R101 219,420 7,950 7,950 0 0 DIAMONDS TR UNIT SER 1 Common Stocks 252787106 277,820 2,000 2,000 0 0 DISNEY WALT PRODUCTIONS Common Stocks 254687106 1,481,693.15 43,085 42,585 0 500 DOMINION RES INC VA NEW COM Common Stocks 25746U109 347,906.10 4,127 4,127 0 0 DOVER CORP Common Stocks 260003108 364,496.30 7,154 7,154 0 0 DU PONT E I DE NEMOURS CO Common Stocks 263534109 10,979,522.40 221,540 221,540 0 0 DUKE ENERGY CORP Common Stocks 26441C105 253,305.57 13,553 13,553 0 0 EAST RIVER BANK Common Stocks 996003992 500,000 50,000 50,000 0 0 EATON CORP Common Stocks 278058102 226,999.68 2,292 2,292 0 0 EMERSON ELECTRIC CO Common Stocks 291011104 5,924,663.28 111,324 111,324 0 0 EQUITABLE RES INC Common Stocks 294549100 306,033 5,900 5,900 0 0 EXELON CORP Common Stocks 30161N101 810,120 10,750 10,750 0 0 EXXON MOBIL CORP Common Stocks 30231G102 125,676,398.18 1,357,783.04 1,314,462.04 2,275 41,046 FANNIE MAE Common Stocks 313586109 923,703.90 15,190 15,190 0 0 ITEM 8: ITEM 7: VOTING AUTHORITY (SHARES) MANAGERS ------------------------------------ ITEM 1: SEE NAME OF ISSUER INSTR. V A) SOLE B)SHARED C)NONE ----------------------------------------------------------------------- 3M COMPANY 477,790.58 0 201,375.85 ABBOTT LABS 1,021,426.12 0 445,663.43 AFLAC 1,181,565.53 0 485,666.45 AIR PRODUCTS & CHEMICALS INC 4,633 0 3,800 ALLERGAN INC 0 0 130,786 ALLSTATE CORP 5,920 0 0 ALLTEL CORP 6,591 0 1,537 ALTRIA GROUP INC COM 58,425 0 17,650 AMER INTL GROUP 1,222,855.47 0 606,292.07 AMERICAN EXPRESS CO 929,006.38 0 377,465.09 AMGEN INC 10,525 0 0 ANHEUSER-BUSCH 10,388 0 0 APPLE INC 325 0 5,000 APPLIED MATLS INC 34,007 0 0 AQUA AMERICA INC 34,949 0 1,066 ARCHSTONE-SMITH TRUST 5,000 0 0 AT&T INC 120,025.98 0 90,415 AUTOMATIC DATA PROCESSING 1,132,346.34 0 474,234.10 AVERY DENNISON CORP 3,612 0 30,000 AVON PRODUCTS INC 5,952 0 0 BANCORP INC DEL COM 223,719 0 0 BANK NEW YORK MELLON CORP 26,098 0 5,600 BANK OF AMERICA 235,300 0 227,749.00 BAXTER INTL INC 6,928 0 600 BB&T CORP 23,829 0 2,551 BECKMAN COULTER INC 0 0 23,135 BECTON DICKINSON 592,458.44 0 216,080.99 BERKSHIRE HATHAWAY INC DEL 2 0 0 BERKSHIRE HATHAWAY INC DEL CL B 578 0 422 BP AMOCO ADS 72,305 0 13,829 BRISTOL MYERS SQUIBB CO 66,777 0 8,400 BROADRIDGE FINANCIAL SOLUTIONS LLC 11,409 0 16,248 CAMPBELL SOUP CO 11,874 0 10,940 CARNIVAL CORP PAIRED CTF 7,089 0 20,000 CATERPILLAR INC 3,666 0 51 CHEVRON CORPORATION 121,316 0 4,690 CHUBB CORPORATION 7,487 0 0 CIGNA CORP 6,600 0 4,050 CINCINNATI FINANCIAL CORP 3,236 0 14,717 CISCO SYS INC 61,825 0 4,850 CITIGROUP INC 1,284,434.80 0 520,025.70 CLOROX CO 6,715 0 0 COCA-COLA CO 808,408.74 0 417,934.74 COLGATE-PALMOLIVE CO 825,395.99 0 329,604.24 COMMERCE BANCORP INC NJ 7,819 0 8,500 CONOCOPHILLIPS COM 14,610 0 19,483 CONSOLIDATED EDISON INC 10,320 0 1,175 COSTCO WHSL CORP NEW COM 2,160 0 1,100 CVS/ CAREMARK CORPORATION 932,299.28 0 317,571 DELL INC 7,750 0 200 DIAMONDS TR UNIT SER 1 2,000 0 0 DISNEY WALT PRODUCTIONS 42,895 0 190 DOMINION RES INC VA NEW COM 4,127 0 0 DOVER CORP 7,154 0 0 DU PONT E I DE NEMOURS CO 204,460 0 17,080 DUKE ENERGY CORP 13,453 0 100 EAST RIVER BANK 50,000 0 0 EATON CORP 2,292 0 0 EMERSON ELECTRIC CO 57,424 0 53,900 EQUITABLE RES INC 5,900 0 0 EXELON CORP 9,773 0 977 EXXON MOBIL CORP 947,163.86 0 410,619.18 FANNIE MAE 11,490 0 3,700
2 FIFTH 3RD BANCORP Common Stocks 316773100 849,913.68 25,086 25,086 0 0 FLUOR CORP NEW COM Common Stocks 343412102 215,970 1,500 1,500 0 0 FORTUNE BRANDS INC Common Stocks 349631101 722,816.30 8,870 8,870 0 0 FPL GROUP INC Common Stocks 302571104 1,219,730.80 20,035 20,035 0 0 FREDDIE MAC Common Stocks 313400301 2,496,477.06 42,306 42,306 0 0 FULTON FINL CORP PA Common Stocks 360271100 224,011.64 15,578 15,578 0 0 GENERAL DYNAMICS CORP Common Stocks 369550108 514,591.24 6,092 6,092 0 0 GENERAL ELECTRIC Common Stocks 369604103 177,514,167.40 4,287,781.82 4,041,466.82 7,375 238,940 GENERAL GROWTH PPTYS INC Common Stocks 370021107 482,580 9,000 9,000 0 0 GENERAL MILLS INC Common Stocks 370334104 1,539,295.35 26,535 26,535 0 0 GENUINE PARTS CO Common Stocks 372460105 337,100 6,742 6,742 0 0 GLAXO PLC SPONSORED ADR/ORD SHS Common Stocks 37733W105 15,441,619.20 290,256 290,256 0 0 GOLDMAN SACHS GROUP INC COM Common Stocks 38141G104 1,325,581.84 6,116 6,116 0 0 HARLEY DAVIDSON INC Common Stocks 412822108 563,669.58 12,198 12,198 0 0 HEINZ H J CO Common Stocks 423074103 2,047,029.60 44,308 44,308 0 0 HEWLETT PACKARD CO Common Stocks 428236103 3,550,484.07 71,309.18 71,309.18 0 0 HOME DEPOT INC Common Stocks 437076102 8,000,320.36 246,619 246,219 0 400 HONEYWELL INTERNATIONAL, INC. Common Stocks 438516106 639,183.56 10,748 10,748 0 0 HOSPITALITY PPTYS TR SH BEN INT Common Stocks 44106M102 242,436.60 5,964 5,964 0 0 ILLINOIS TOOL WKS INC Common Stocks 452308109 2,299,420.20 38,555 38,555 0 0 INTEGRYS ENERGY GROUP, INC Common Stocks 45822P105 484,738.26 9,462 9,462 0 0 INTEL CORPORATION Common Stocks 458140100 102,294,501.85 3,955,703.86 3,686,213.86 12,400 257,090 INTERNATIONAL BUSINESS MACHINES Common Stocks 459200101 3,448,830.60 29,277 29,229 0 48 ISHARES TR MSCI EAFE INDEX Common Stocks 464287465 31,584,150.39 382,421 366,474 11,847 4,100 ISHARES TR S&P MIDCAP 400 Common Stocks 464287507 7,629,157.24 86,518 84,203 1,715 600 ISHARES TR S&P SMALLCAP600 Common Stocks 464287804 6,048,371.25 86,715 83,760 2,155 800 J.P. MORGAN CHASE & CO Common Stocks 46625H100 15,108,136.96 329,728 304,728 0 25,000 JOHNSON & JOHNSON Common Stocks 478160104 146,893,590.58 2,235,823.30 2,135,879.30 4,100 95,844 JOHNSON CONTROLS Common Stocks 478366107 53,100,752.58 449,587.27 416,312.27 1,475 31,800 KIMBERLY CLARK CORP Common Stocks 494368103 2,203,142.82 31,357 31,357 0 0 KRAFT FOODS INC CL A Common Stocks 50075N104 1,139,796.28 33,028 33,028 0 0 LEGG MASON INC Common Stocks 524901105 35,584,139.33 422,163.24 420,138.24 1,400 625 LEHMAN BROS HLDGS INC Common Stocks 524908100 232,166.53 3,761 3,761 0 0 LILLY, ELI & COMPANY Common Stocks 532457108 515,159.57 9,049 9,049 0 0 LINEAR TECHNOLOGY CORP Common Stocks 535678106 258,751.05 7,395 7,395 0 0 LOWES COS INC Common Stocks 548661107 57,121,764.64 2,038,606.88 1,976,256.88 5,750 56,600 M & T BK CORP Common Stocks 55261F104 1,913,928.45 18,501 18,501 0 0 MANULIFE FINL CORP Common Stocks 56501R106 876,775 21,250 21,250 0 0 MARSH MCLENNAN Common Stocks 571748102 207,927 8,154 8,154 0 0 MCDONALDS CORP Common Stocks 580135101 1,231,839.05 22,615 22,615 0 0 MCGRAW-HILL Common Stocks 580645109 41,146,397.73 808,218.38 770,918.38 2,000 35,300 MEDTRONIC Common Stocks 585055106 74,611,644.36 1,322,666.98 1,243,991.98 4,425 74,250 MERCK & CO Common Stocks 589331107 10,260,878.52 198,508 198,508 0 0 MERRILL LYNCH & CO. INC. Common Stocks 590188108 375,716.88 5,271 5,271 0 0 MICROSOFT CORP Common Stocks 594918104 107,966,181.00 3,664,839.82 3,434,814.82 7,375 222,650 MOODYS CORP COM Common Stocks 615369105 204,876 4,065 4,065 0 0 MORGAN STANLEY Common Stocks 617446448 983,682 15,614 15,614 0 0 NATIONAL CITY CORP Common Stocks 635405103 297,793.21 11,869 11,869 0 0 NATIONWIDE FINL SVCS INC CL A Common Stocks 638612101 346,062.60 6,430 6,430 0 0 NESTLE S A SPON ADR REG Common Stocks 641069406 399,793.60 3,572 3,572 0 0 NOKIA CORP Common Stocks 654902204 709,442.72 18,704 18,704 0 0 NORFOLK SOUTHERN CORP Common Stocks 655844108 1,303,356.28 25,108 25,008 0 100 NORTHROP GRUMMAN CORP Common Stocks 666807102 251,160 3,220 3,220 0 0 NOVARTIS AG - ADR Common Stocks 66987V109 93,470,026.48 1,700,691.89 1,608,491.89 5,200 87,000 NUVEEN INVTS INC CL A Common Stocks 67090F106 1,131,148.28 18,262 18,262 0 0 OCCIDENTAL PETE CORP Common Stocks 674599105 312,838.56 4,882 4,882 0 0 ORACLE SYS CORP Common Stocks 68389X105 462,357.40 21,356 21,356 0 0 PEPSICO INC Common Stocks 713448108 114,800,071.35 1,567,022.54 1,505,472.54 3,300 58,250 PFIZER INC Common Stocks 717081103 16,355,762.85 669,495 619,095 0 50,400 PHILIP H. BRADLEY CO. Common Stocks 961000999 2,250,000 100 100 0 0 PITNEY BOWES INC Common Stocks 724479100 822,647.04 18,112 18,112 0 0 PLUM CREEK TIMBER CO INC COM Common Stocks 729251108 221,114.40 4,940 4,940 0 0 PNC FINANCIAL CORP Common Stocks 693475105 1,486,759.20 21,832 21,832 0 0 POWERSHARES QQQ TRUST Common Stocks 73935A104 514,100 10,000 10,000 0 0
FIFTH 3RD BANCORP 8,459 0 16,627 FLUOR CORP NEW COM 1,500 0 0 FORTUNE BRANDS INC 5,225 0 3,645 FPL GROUP INC 15,369 0 4,666 FREDDIE MAC 36,356 0 5,950 FULTON FINL CORP PA 2,739 0 12,839 GENERAL DYNAMICS CORP 3,257 0 2,835 GENERAL ELECTRIC 2,859,725.38 0 1,428,056.44 GENERAL GROWTH PPTYS INC 9,000 0 0 GENERAL MILLS INC 12,753 0 13,782 GENUINE PARTS CO 6,742 0 0 GLAXO PLC SPONSORED ADR/ORD SHS 118,833 0 171,423 GOLDMAN SACHS GROUP INC COM 1,700 0 4,416 HARLEY DAVIDSON INC 12,198 0 0 HEINZ H J CO 22,808 0 21,500 HEWLETT PACKARD CO 46,417.18 0 24,892 HOME DEPOT INC 174,404 0 72,215 HONEYWELL INTERNATIONAL, INC. 8,093 0 2,655 HOSPITALITY PPTYS TR SH BEN INT 5,964 0 0 ILLINOIS TOOL WKS INC 20,355 0 18,200 INTEGRYS ENERGY GROUP, INC 1,062 0 8,400 INTEL CORPORATION 2,752,789.81 0 1,202,914.05 INTERNATIONAL BUSINESS MACHINES 25,440 0 3,837 ISHARES TR MSCI EAFE INDEX 368,587 0 13,834 ISHARES TR S&P MIDCAP 400 84,502 0 2,016 ISHARES TR S&P SMALLCAP600 84,210 0 2,505 J.P. MORGAN CHASE & CO 163,316 0 166,412 JOHNSON & JOHNSON 1,490,522.70 0 745,300.59 JOHNSON CONTROLS 327,407.08 0 122,180.19 KIMBERLY CLARK CORP 27,339 0 4,018 KRAFT FOODS INC CL A 25,644 0 7,384 LEGG MASON INC 305,612.24 0 116,551 LEHMAN BROS HLDGS INC 3,761 0 0 LILLY, ELI & COMPANY 8,899 0 150 LINEAR TECHNOLOGY CORP 7,395 0 0 LOWES COS INC 1,500,893.38 0 537,713.49 M & T BK CORP 6,748 0 11,753 MANULIFE FINL CORP 21,250 0 0 MARSH MCLENNAN 4,638 0 3,516 MCDONALDS CORP 20,119 0 2,496 MCGRAW-HILL 592,790.63 0 215,427.75 MEDTRONIC 964,071.96 0 358,595.02 MERCK & CO 113,808 0 84,700 MERRILL LYNCH & CO. INC. 5,271 0 0 MICROSOFT CORP 2,569,073.92 0 1,095,765.90 MOODYS CORP COM 4,065 0 0 MORGAN STANLEY 15,614 0 0 NATIONAL CITY CORP 11,869 0 0 NATIONWIDE FINL SVCS INC CL A 6,430 0 0 NESTLE S A SPON ADR REG 3,572 0 0 NOKIA CORP 16,179 0 2,525 NORFOLK SOUTHERN CORP 25,108 0 0 NORTHROP GRUMMAN CORP 3,220 0 0 NOVARTIS AG - ADR 1,195,515.92 0 505,175.98 NUVEEN INVTS INC CL A 18,262 0 0 OCCIDENTAL PETE CORP 4,850 0 32 ORACLE SYS CORP 19,456 0 1,900 PEPSICO INC 1,024,423.66 0 542,598.88 PFIZER INC 406,591 0 262,904 PHILIP H. BRADLEY CO. 100 0 0 PITNEY BOWES INC 18,112 0 0 PLUM CREEK TIMBER CO INC COM 4,040 0 900 PNC FINANCIAL CORP 20,593 0 1,239 POWERSHARES QQQ TRUST 10,000 0 0
3 PPG INDS INC Common Stocks 693506107 348,738.80 4,616 4,616 0 0 PPL CORP COM Common Stocks 69351T106 582,685.50 12,585 12,585 0 0 PRAXAIR INC Common Stocks 74005P104 438,986.16 5,241 5,241 0 0 PROCTER & GAMBLE Common Stocks 742718109 145,439,813.69 2,067,668.66 2,000,588.66 3,725 63,355 PRUDENTIAL FINL INC COM Common Stocks 744320102 41,913,244.66 429,527 403,277 1,550 24,700 REGIONS FINANCHIAL CORP Common Stocks 7591EP100 293,384.96 9,952 9,952 0 0 ROYAL DUTCH SHELL PLC Common Stocks 780259206 8,294,016.50 100,925 96,400 4,125 400 SAFEGUARD SCIENTIFICS INC. Common Stocks 786449108 82,440 36,000 0 0 36,000 SARA LEE CORP Common Stocks 803111103 192,769.50 11,550 11,550 0 0 SCHERING PLOUGH CORP Common Stocks 806605101 1,730,635.45 54,715 54,715 0 0 SCHLUMBERGER Common Stocks 806857108 1,337,700 12,740 12,240 0 500 SEMPRA ENERGY Common Stocks 816851109 424,276 7,300 7,300 0 0 SLM CORPORATION Common Stocks 78442P106 4,242,314.70 85,410 2,025 0 83,385 SMART BALANCE INC Common Stocks 83169Y108 123,400 10,000 0 0 10,000 SOUTHERN CO Common Stocks 842587107 637,475.88 17,571 17,571 0 0 SOVEREIGN BANCORP INC Common Stocks 845905108 189,587.04 11,126 11,126 0 0 SPDR TR UNIT SER 1 Common Stocks 78462F103 1,205,687.16 7,902 7,902 0 0 SPRINT NEXTEL CORP Common Stocks 852061100 196,460 10,340 10,340 0 0 STAPLES INC Common Stocks 855030102 307,307.00 14,300 14,300 0 0 STATE STREET CORPORATION Common Stocks 857477103 604,851.84 8,874 8,874 0 0 SUNTRUST BANKS INC Common Stocks 867914103 479,899.14 6,342 6,342 0 0 SYSCO CORP Common Stocks 871829107 53,530,587.23 1,504,090.68 1,404,740.68 5,700 93,650 TARGET CORP Common Stocks 87612E106 60,986,045.04 959,352.60 919,302.60 1,750 38,300 TEXAS INSTRUMENTS INC Common Stocks 882508104 1,070,513.63 29,257 29,257 0 0 THE HERSHEY COMPANY Common Stocks 427866108 377,406.12 8,132 6,907 1,225 0 TJX COS INC NEW Common Stocks 872540109 413,259.12 14,216 14,216 0 0 TRAVELERS COMPANIES INC Common Stocks 89417E109 571,963.08 11,362 11,362 0 0 U S BANCORP Common Stocks 902973304 2,435,195.80 74,860 74,860 0 0 UNILEVER N V WI Common Stocks 904784709 5,862,086.15 190,019 190,019 0 0 UNION PACIFIC CORP Common Stocks 907818108 510,692.02 4,517 4,517 0 0 UNITED PARCEL SVC INC CL B Common Stocks 911312106 57,450,526.63 764,987.04 730,437.04 1,825 32,725 UNITED TECHNOLOGIES CORP Common Stocks 913017109 45,818,204.49 569,311.69 538,086.69 2,475 28,750 UNITEDHEALTH GROUP INC COM Common Stocks 91324P102 494,373.44 10,208 10,208 0 0 VALLEY NATL BANCORP COM Common Stocks 919794107 249,480.64 11,248 1,262 0 9,986 VANGUARD EMERGING MARKET ETF Common Stocks 922042858 9,952,605.78 95,901 92,302 2,699 900 VANGUARD REIT ETF Common Stocks 922908553 250,110.00 3,500 3,500 0 0 VERIZON COMMUNICATIONS Common Stocks 92343V104 7,178,230.80 162,110 112,110 0 50,000 VODAFONE GROUP PLC Common Stocks 92857W209 1,198,843.80 33,026 33,026 0 0 WACHOVIA GROUP COM Common Stocks 929903102 16,212,592.30 323,282 323,282 0 0 WALGREEN COMPANY Common Stocks 931422109 1,557,833.48 32,977 32,977 0 0 WAL-MART STORES Common Stocks 931142103 51,318,497.43 1,175,681.50 1,108,731.50 3,550 63,400 WASHINGTON MUTUAL INC Common Stocks 939322103 792,744.81 22,451 22,451 0 0 WELLS FARGO CO Common Stocks 949746101 78,366,525.96 2,200,070.91 2,066,070.91 4,950 129,050 WRIGLEY WM JR CO Common Stocks 982526105 3,543,376.41 55,167 55,167 0 0 WRIGLEY WM JR CO CL B Common Stocks 982526204 236,183.93 3,713 3,713 0 0 WYETH Common Stocks 983024100 9,990,337.50 224,250 224,050 0 200 COLUMN TOTAL$ 2,889,936,222.79 55,442,777.58
PPG INDS INC 3,816 0 800 PPL CORP COM 10,711 0 1,874 PRAXAIR INC 5,241 0 0 PROCTER & GAMBLE 1,368,345.50 0 699,323.16 PRUDENTIAL FINL INC COM 308,342 0 121,185 REGIONS FINANCHIAL CORP 9,952 0 0 ROYAL DUTCH SHELL PLC 62,200 0 38,725 SAFEGUARD SCIENTIFICS INC. 36,000 0 0 SARA LEE CORP 7,950 0 3,600 SCHERING PLOUGH CORP 42,565 0 12,150 SCHLUMBERGER 12,040 0 700 SEMPRA ENERGY 7,300 0 0 SLM CORPORATION 625 0 84,785 SMART BALANCE INC 10,000 0 0 SOUTHERN CO 17,571 0 0 SOVEREIGN BANCORP INC 625 0 10,501 SPDR TR UNIT SER 1 7,117 0 785 SPRINT NEXTEL CORP 5,375 0 4,965 STAPLES INC 14,300 0 0 STATE STREET CORPORATION 8,874 0 0 SUNTRUST BANKS INC 6,342 0 0 SYSCO CORP 1,141,415.12 0 362,675.56 TARGET CORP 700,442.17 0 258,910.43 TEXAS INSTRUMENTS INC 29,170 0 87 THE HERSHEY COMPANY 6,907 0 1,225 TJX COS INC NEW 13,816 0 400 TRAVELERS COMPANIES INC 3,046 0 8,316 U S BANCORP 41,360 0 33,500 UNILEVER N V WI 83,353 0 106,666 UNION PACIFIC CORP 3,942 0 575 UNITED PARCEL SVC INC CL B 568,637.04 0 196,350 UNITED TECHNOLOGIES CORP 406,316.69 0 162,995 UNITEDHEALTH GROUP INC COM 6,908 0 3,300 VALLEY NATL BANCORP COM 1,262 0 9,986 VANGUARD EMERGING MARKET ETF 92,785 0 3,116 VANGUARD REIT ETF 3,500 0 0 VERIZON COMMUNICATIONS 94,263 0 67,847 VODAFONE GROUP PLC 33,026 0 0 WACHOVIA GROUP COM 233,691 0 89,591 WALGREEN COMPANY 26,473 0 6,504 WAL-MART STORES 820,835.12 0 354,846.38 WASHINGTON MUTUAL INC 21,951 0 500 WELLS FARGO CO 1,494,510.50 0 705,560.41 WRIGLEY WM JR CO 37,092 0 18,075 WRIGLEY WM JR CO CL B 2,213 0 1,500 WYETH 151,314 0 72,936 COLUMN TOTAL$