Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S & P 500 INDEX	290,870	$56.93M	13.6%	—	—	ETF	78462F103
IWM	ISHARES RUSSELL 2000 INDEX	136,500	$16.22M	3.9%	—	—	ETF	464287655
UPS	UNITED PARCEL SERVICE B	107,993	$11.09M	2.6%	—	—	COM	911312106
AAPL	APPLE	85,274	$7.925M	1.9%	—	—	COM	037833100
WMB	WILLIAMS COMPANIES	135,543	$7.89M	1.9%	—	—	COM	969457100
PEP	PEPSICO	82,836	$7.401M	1.8%	—	—	COM	713448108
DIS	DISNEY WALT	83,715	$7.178M	1.7%	—	—	COM	254687106
SLB	SCHLUMBERGER	55,244	$6.516M	1.6%	—	—	COM	806857108
QCOM	QUALCOMM	81,991	$6.494M	1.5%	—	—	COM	747525103
CSX	CSX	200,660	$6.182M	1.5%	—	—	COM	126408103
MRK	MERCK	105,133	$6.082M	1.5%	—	—	COM	58933Y105
—	DENTSPLY INTERNATIONAL	127,599	$6.042M	1.4%	—	—	COM	249030107
CVX	CHEVRON	45,625	$5.956M	1.4%	—	—	COM	166764100
MMM	3M COMPANY	41,460	$5.939M	1.4%	—	—	COM	88579Y101
—	DUPONT DE NEMOURS	87,084	$5.699M	1.4%	—	—	COM	263534109
—	EATON	72,190	$5.572M	1.3%	—	—	COM	278058102
WFC	WELLS FARGO	105,026	$5.52M	1.3%	—	—	COM	949746101
ABT	ABBOTT LABORATORIES	134,281	$5.492M	1.3%	—	—	COM	002824100
NKE	NIKE	69,125	$5.361M	1.3%	—	—	COM	654106103
PNC	PNC FINANCIAL SERVICES GROUP	58,973	$5.252M	1.3%	—	—	COM	693475105
XOM	EXXONMOBIL	51,483	$5.183M	1.2%	—	—	COM	30231G102
—	UNITED TECHNOLOGIES	44,599	$5.149M	1.2%	—	—	COM	913017109
MTB	M&T BANK CORP	41,325	$5.126M	1.2%	—	—	COM	55261F104
—	PRAXAIR	37,940	$5.04M	1.2%	—	—	COM	74005P104
PFE	PFIZER	167,527	$4.972M	1.2%	—	—	COM	717081103
ABBV	ABBVIE	87,661	$4.948M	1.2%	—	—	COM	00287Y109
—	SCRIPPS NETWORKS INTERACTIVE	57,395	$4.657M	1.1%	—	—	COM	811065101
JPM	JPMORGAN CHASE	79,827	$4.6M	1.1%	—	—	COM	46625H100
—	CALLIDUS SOFTWARE INC	383,447	$4.578M	1.1%	—	—	COM	13123E500
CSCO	CISCO SYSTEMS	183,375	$4.557M	1.1%	—	—	COM	17275R102
—	NORDSTROM	65,655	$4.46M	1.1%	—	—	COM	655664100
SNA	SNAP-ON	36,735	$4.354M	1.0%	—	—	COM	833034101
—	ENERGEN	48,782	$4.336M	1.0%	—	—	COM	292655108
MSFT	MICROSOFT	102,784	$4.286M	1.0%	—	—	COM	594918104
VZ	VERIZON COMMUNICATIONS	84,926	$4.155M	1.0%	—	—	COM	92343V104
LOW	LOWES	84,078	$4.035M	1.0%	—	—	COM	548661107
ADBE	ADOBE SYSTEMS	53,095	$3.842M	0.9%	—	—	COM	00724F101
—	CHUBB	41,480	$3.823M	0.9%	—	—	COM	171232101
AXP	AMERICAN EXPRESS	40,065	$3.801M	0.9%	—	—	COM	025816109
—	PUBLIC STORAGE	21,702	$3.719M	0.9%	—	—	COM	74660D109
ATRO	ASTRONICS CORP	64,221	$3.625M	0.9%	—	—	COM	046433108
—	A T & T NEW	99,904	$3.533M	0.8%	—	—	COM	001957505
TYL	TYLER TECHNOLOGIES INC	38,694	$3.529M	0.8%	—	—	COM	902252105
IBM	INTERNATIONAL BUSINESS MACHINE	19,212	$3.483M	0.8%	—	—	COM	459200101
SYK	STRYKER	41,250	$3.478M	0.8%	—	—	COM	863667101
COST	COSTCO WHOLESALE	29,980	$3.452M	0.8%	—	—	COM	22160K105
AME	AMETEK	64,645	$3.38M	0.8%	—	—	COM	031100100
—	POWERSECURE INTERNATIONAL INC	341,634	$3.328M	0.8%	—	—	COM	73936N105
SYY	SYSCO	88,768	$3.324M	0.8%	—	—	COM	871829107
EFA	ISHARES MSCI EAFE INDEX	48,420	$3.31M	0.8%	—	—	ETF	464287465
DWM	WISDOMTREE DEFA INDEX	58,024	$3.249M	0.8%	—	—	ETF	97717W703
VWO	VANGUARD MSCI EMERGING MARKETS	74,100	$3.196M	0.8%	—	—	ETF	922042858
CMI	CUMMINS	20,285	$3.13M	0.7%	—	—	COM	231021106
IRBTQ	IROBOT CORP	72,849	$2.983M	0.7%	—	—	COM	462726100
BDX	BECTON DICKINSON	24,337	$2.879M	0.7%	—	—	COM	075887109
—	NUTRISYSTEM INC	167,101	$2.859M	0.7%	—	—	COM	67069D108
CDP	CORPORATE OFFICE PROPERTIES TR	101,122	$2.812M	0.7%	—	—	COM	22002T108
—	LIVEPERSON INC	270,917	$2.75M	0.7%	—	—	COM	538146101
ADP	AUTOMATIC DATA PROCESSING	33,008	$2.617M	0.6%	—	—	COM	053015103
—	SHUTTERFLY INC	59,298	$2.553M	0.6%	—	—	COM	82568P304
—	TRIANGLE CAPITAL CORP	86,431	$2.452M	0.6%	—	—	COM	895848109
—	CANTEL MEDICAL CORP	66,348	$2.43M	0.6%	—	—	COM	138098108
ACN	ACCENTURE	30,000	$2.425M	0.6%	—	—	COM	G1151C101
—	LEAPFROG ENTERPRISES INC	320,596	$2.356M	0.6%	—	—	COM	52186N106
—	EXCO RESOURCES INC	396,879	$2.338M	0.6%	—	—	COM	269279402
AORT	CRYOLIFE INC	254,501	$2.278M	0.5%	—	—	COM	228903100
LLY	LILLY ELI	36,085	$2.243M	0.5%	—	—	COM	532457108
—	MERIDIAN BIOSCIENCE INC	108,615	$2.242M	0.5%	—	—	COM	589584101
NVEC	NVE CORP	39,505	$2.196M	0.5%	—	—	COM	629445206
COP	CONOCOPHILLIPS	25,573	$2.192M	0.5%	—	—	COM	20825C104
CL	COLGATE-PALMOLIVE	31,830	$2.17M	0.5%	—	—	COM	194162103
IMAX	IMAX CORP	75,528	$2.151M	0.5%	—	—	COM	45245E109
MGRC	MCGRATH RENTCORP	57,900	$2.128M	0.5%	—	—	COM	580589109
—	II-VI INC	145,506	$2.104M	0.5%	—	—	COM	902104108
ITW	ILLINOIS TOOL WORKS	24,000	$2.101M	0.5%	—	—	COM	452308109
BRK/A	BERKSHIRE HATHAWAY CL A	11	$2.089M	0.5%	—	—	COM	084670108
PG	PROCTER & GAMBLE	26,195	$2.059M	0.5%	—	—	COM	742718109
CAT	CATERPILLAR	18,290	$1.988M	0.5%	—	—	COM	149123101
AVAV	AEROVIRONMENT INC	60,251	$1.916M	0.5%	—	—	COM	008073108
—	ROSETTA RESOURCES INC	31,944	$1.752M	0.4%	—	—	COM	777779307
JNJ	JOHNSON & JOHNSON	16,535	$1.73M	0.4%	—	—	COM	478160104
—	FUEL SYSTEMS SOLUTIONS INC	148,574	$1.655M	0.4%	—	—	COM	35952W103
—	NATIONAL PENN BANCSHARES	153,545	$1.625M	0.4%	—	—	COM	637138108
—	ACETO CORP	86,094	$1.562M	0.4%	—	—	COM	004446100
—	QUALITY SYSTEMS INC	93,351	$1.498M	0.4%	—	—	COM	747582104
—	WALGREEN	19,865	$1.473M	0.4%	—	—	COM	931422109
VSS	VANGUARD FTSE ALL-WORLD EX-US	12,314	$1.369M	0.3%	—	—	ETF	922042718
—	SEACHANGE INTERNATIONAL INC	166,089	$1.33M	0.3%	—	—	COM	811699107
GLPI	GAMING & LEISURE PROPERTIES	36,173	$1.229M	0.3%	—	—	COM	36467J108
MCD	MCDONALDS	11,440	$1.152M	0.3%	—	—	COM	580135101
DOV	DOVER	10,821	$984K	0.2%	—	—	COM	260003108
KMB	KIMBERLY-CLARK	8,834	$982K	0.2%	—	—	COM	494368103
IDXX	IDEXX LABORATORIES	5,500	$735K	0.2%	—	—	COM	45168D104
NTRS	NORTHERN TRUST CORP	9,102	$584K	0.1%	—	—	COM	665859104
NVS	NOVARTIS SPONSORED ADR	6,284	$569K	0.1%	—	—	COM	66987V109
FARM	FARMER BROTHERS CO	26,342	$569K	0.1%	—	—	COM	307675108
EEM	ISHARES MSCI EMERGING MARKETS	12,800	$553K	0.1%	—	—	ETF	464287234
UNP	UNION PACIFIC	5,455	$544K	0.1%	—	—	COM	907818108
OXY	OCCIDENTAL PETROLEUM	5,050	$518K	0.1%	—	—	COM	674599105
FULT	FULTON FINANCIAL	39,023	$483K	0.1%	—	—	COM	360271100
—	ANADARKO PETROLEUM	3,900	$427K	0.1%	—	—	COM	032511107
—	GENERAL ELECTRIC	15,419	$405K	0.1%	—	—	COM	369604103
—	WARREN RESOURCES INC	60,000	$372K	0.1%	—	—	COM	93564A100
—	PANHANDLE OIL & GAS INC	6,553	$367K	0.1%	—	—	COM	698477106
PENN	PENN NATIONAL GAMING	30,042	$365K	0.1%	—	—	COM	707569109
BAX	BAXTER INTERNATIONAL	4,992	$361K	0.1%	—	—	COM	071813109
BAC	BANK OF AMERICA	22,737	$349K	0.1%	—	—	COM	060505104
BP	BP PLC ADR	6,484	$342K	0.1%	—	—	COM	055622104
—	MONMOUTH REAL ESTATE INVESTMEN	30,700	$308K	0.1%	—	—	COM	609720107
INTU	INTUIT	3,800	$306K	0.1%	—	—	COM	461202103
FC	FRANKLIN COVEY CO	15,000	$302K	0.1%	—	—	COM	353469109
—	SIZMEK INC	30,700	$293K	0.1%	—	—	COM	83013P105
—	FAMOUS DAVES OF AMERICA INC	10,000	$287K	0.1%	—	—	COM	307068106
FMC	FMC CORP	3,900	$278K	0.1%	—	—	COM	302491303
—	FEMALE HEALTH CO	50,500	$278K	0.1%	—	—	COM	314462102
—	MONSANTO NEW	2,200	$274K	0.1%	—	—	COM	61166W101
KO	COCA-COLA	6,300	$267K	0.1%	—	—	COM	191216100
—	ROCKY MOUNTAIN CHOCOLATE FACTO	19,200	$253K	0.1%	—	—	COM	774678403
—	DUKE ENERGY	3,262	$242K	0.1%	—	—	COM	264399106
—	AMREIT INC	13,030	$238K	0.1%	—	—	COM	03216B208
DLN	WISDOMTREE LARGECAP DIVIDEND I	3,365	$238K	0.1%	—	—	ETF	97717W307
DMRC	DIGIMARC CORP	7,240	$236K	0.1%	—	—	COM	25381B101
—	BRYN MAWR BANK CORP	8,047	$234K	0.1%	—	—	COM	117665109
—	BIG 5 SPORTING GOODS CORP	18,836	$231K	0.1%	—	—	COM	08915P101
—	ZEP INC	13,000	$230K	0.1%	—	—	COM	98944B108
—	CHEROKEE INC	14,808	$225K	0.1%	—	—	COM	16444H102
SLP	SIMULATIONS PLUS INC	39,457	$222K	0.1%	—	—	COM	829214105
—	FIVE STAR QUALITY CARE INC	40,000	$200K	0.0%	—	—	COM	33832D106
—	PRGX GLOBAL INC	31,000	$198K	0.0%	—	—	COM	69357C503
CZNC	CITIZENS & NORTHERN CORP	10,000	$195K	0.0%	—	—	COM	172922106
—	ODYSSEY MARINE EXPLORATION IN	115,000	$193K	0.0%	—	—	COM	676118102
—	ID SYSTEMS INC	35,408	$193K	0.0%	—	—	COM	449489103
CCNE	CNB FINANCIAL CORP	11,300	$190K	0.0%	—	—	COM	126128107
—	EINSTEIN NOAH RESTAURANT GROUP	11,500	$185K	0.0%	—	—	COM	28257U104
FCBC	FIRST COMMUNITY BANCSHARES IN	12,600	$181K	0.0%	—	—	COM	31983A103
—	PSYCHEMEDICS CORP	12,700	$180K	0.0%	—	—	COM	744375205
PPSI	PIONEER POWER SOLUTIONS INC	20,000	$166K	0.0%	—	—	COM	723836300
—	ORBCOMM INC	25,000	$165K	0.0%	—	—	COM	68555P100
—	ORION ENERGY SYSTEMS INC	38,934	$158K	0.0%	—	—	COM	686275108
MDLZ	MONDELEZ INTERNATIONAL	24,590	$143K	0.0%	—	—	COM	609207105
—	CONSOLIDATED WATER CO	12,000	$141K	0.0%	—	—	COM	014317287
—	EMAGIN CORP	47,910	$107K	0.0%	—	—	COM	29076N206
—	ORGANOVO HOLDINGS INC	12,000	$100K	0.0%	—	—	COM	68620A104
—	WAL-MART DE MEXICO SAB DE CV O	10,520	$28,000	0.0%	—	—	COM	P98180105