Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL	324,390	$32.83B	4.3%	$53.69	+4.2%	COMMON	30231G102
—	GOOGLE INC CL A	15,867	$17.78B	2.3%	$880370.00	—	COMMON	38259P508
JNJ	JOHNSON & JOHNSON	190,993	$17.49B	2.3%	$59.66	+10.2%	COMMON	478160104
MMM	3M CO.	124,088	$17.4B	2.3%	$61.44	+18.3%	COMMON	88579Y101
IBM	INT'L BUSINESS MACHIN	90,821	$17.04B	2.2%	$117.92	-9.8%	COMMON	459200101
SLB	SCHLUMBERGER LTD	179,976	$16.22B	2.1%	$52.90	+23.0%	COMMON	806857108
—	GENERAL ELECTRIC CO	561,454	$15.74B	2.1%	$23190.00	—	COMMON	369604103
V	VISA INC COM CL A	66,284	$14.76B	1.9%	$40.02	+15.7%	COMMON	92826C839
BMY	BRISTOL MYERS SQUIBB	274,614	$14.6B	1.9%	$28.67	+19.2%	COMMON	110122108
STT	STATE STREET CORP	198,835	$14.59B	1.9%	$44.60	+13.5%	COMMON	857477103
—	JOHNSON CONTROLS INC	277,455	$14.23B	1.9%	$35901.51	—	COMMON	478366107
QCOM	QUALCOMM INC	188,633	$14.01B	1.8%	$45.06	+11.8%	COMMON	747525103
PEP	PEPSICO INC	166,047	$13.77B	1.8%	$56.00	+3.1%	COMMON	713448108
—	BECTON DICKINSON & CO	121,163	$13.39B	1.8%	$98829.61	—	COMMON	75887109
CAT	CATERPILLAR INC	140,552	$12.76B	1.7%	$61.56	+1.8%	COMMON	149123101
T	A T & T INC (NEW)	359,521	$12.64B	1.7%	$11.40	-2.0%	COMMON	00206R102
DEO	DIAGEO PLC ADR SPONSO	92,792	$12.29B	1.6%	$115166.70	—	COMMON	25243Q205
—	DU PONT E I DE NEMOUR	184,687	$12B	1.6%	$52500.00	—	COMMON	263534109
CVX	CHEVRON CORP	94,750	$11.84B	1.6%	$71.30	+1.7%	COMMON	166764100
CVS	CVS CORP	161,850	$11.58B	1.5%	$41.44	+11.8%	COMMON	126650100
KEY	KEYCORP NEW	859,647	$11.54B	1.5%	$6.48	+24.3%	COMMON	493267108
NVS	NOVARTIS AG SPONSORED	143,086	$11.5B	1.5%	$70710.00	—	COMMON	66987V109
PG	PROCTER & GAMBLE CO	136,732	$11.13B	1.5%	$55.11	+5.3%	COMMON	742718109
—	AETNA U S HEALTHCARE	161,522	$11.08B	1.5%	$63635.57	—	COMMON	00817Y108
—	E M C CORP MASS	438,586	$11.03B	1.4%	$23728.60	—	COMMON	268648102
EMR	EMERSON ELECTRIC CO	152,031	$10.67B	1.4%	$40.02	+20.4%	COMMON	291011104
CCL	CARNIVAL CORP PAIRED	259,209	$10.41B	1.4%	$27.90	+4.9%	COMMON	143658300
RHHBY	ROCHE HLDG LTD ADR	145,046	$10.16B	1.3%	$62420.33	—	COMMON	771195104
ACN	ACCENTURE PLC	123,391	$10.15B	1.3%	$61.84	-0.5%	COMMON	G1151C101
NKE	NIKE INC CL B	123,714	$9.729B	1.3%	$26.53	+23.9%	COMMON	654106103
CMA	COMERICA INC	197,030	$9.367B	1.2%	$24.17	+18.6%	COMMON	200340107
—	NORDSTROM INC	148,144	$9.155B	1.2%	$59914.75	—	COMMON	655664100
MCD	MCDONALD'S CORP	93,041	$9.028B	1.2%	$71.78	-2.5%	COMMON	580135101
CTSH	COGNIZANT TECHNOLOGY	89,158	$9.003B	1.2%	$29.54	+36.7%	COMMON	192446102
JPM	J P MORGAN CHASE & CO	152,363	$8.91B	1.2%	$36.24	+9.4%	COMMON	46625H100
—	APPLE INC	15,559	$8.729B	1.1%	$403539.22	—	COMMON	37833100
—	PRAXAIR INC	66,361	$8.629B	1.1%	$115275.13	—	COMMON	74005P104
—	UNILEVER PLC SPON ADR	205,640	$8.472B	1.1%	$40450.00	—	COMMON	904767704
FDX	FEDEX CORP	57,539	$8.272B	1.1%	$81.95	+36.8%	COMMON	31428X106
—	UNITED TECHNOLOGIES C	71,572	$8.145B	1.1%	$92940.01	—	COMMON	913017109
—	EXPRESS SCRIPTS	114,643	$8.053B	1.1%	$61741.29	—	COMMON	30219G108
TROW	T ROWE PRICE GROUP IN	94,825	$7.943B	1.0%	$47.69	+5.9%	COMMON	74144T108
DLR	DIGITAL RLTY TR INC	156,674	$7.696B	1.0%	$35.02	-11.2%	COMMON	253868103
RHI	ROBERT HALF INTL INC	169,953	$7.136B	0.9%	$34.44	+14.3%	COMMON	770323103
TSM	TAIWAN SEMICONDUCTOR	406,015	$7.081B	0.9%	$17750.05	—	COMMON	874039100
DHR	DANAHER CORP SHS BEN	90,426	$6.981B	0.9%	$25.01	+18.8%	COMMON	235851102
PFE	PFIZER INC	226,548	$6.939B	0.9%	$16.47	+7.0%	COMMON	717081103
WMT	WAL MART STORES INC	84,657	$6.662B	0.9%	$19.98	+1.9%	COMMON	931142103
—	ANADARKO PETROLEUM	82,668	$6.557B	0.9%	$84998.97	—	COMMON	32511107
EPD	ENTERPRISE PRODS PART	98,258	$6.515B	0.9%	$62179.29	—	COMMON	293792107
—	AUTOMATIC DATA PROCES	77,995	$6.302B	0.8%	$68860.14	—	COMMON	53015103
MSFT	MICROSOFT CORP	164,669	$6.16B	0.8%	$26.70	+12.4%	COMMON	594918104
VZ	VERIZON COMMUNICATION	122,593	$6.024B	0.8%	$26.51	+0.4%	COMMON	92343V104
CL	COLGATE PALMOLIVE CO	91,617	$5.974B	0.8%	$44.38	+9.1%	COMMON	194162103
—	SPECTRA ENERGY CORP	156,005	$5.557B	0.7%	$34460.00	—	COMMON	847560109
—	AIR PRODS & CHEMS INC	46,103	$5.153B	0.7%	$93301.54	—	COMMON	9158106
—	BB&T CORP	128,462	$4.794B	0.6%	$33986.71	—	COMMON	54937107
WHR	WHIRLPOOL CORP	29,185	$4.578B	0.6%	$121.27	+20.9%	COMMON	963320106
—	KINDER MORGAN EGY PTN	53,512	$4.316B	0.6%	$85236.77	—	COMMON	494550106
META	FACEBOOK INC CL A	77,137	$4.215B	0.6%	$25.44	+96.0%	COMMON	30303M102
—	US BANCORP DEL PFD B	206,603	$4.016B	0.5%	$20859.76	—	PREFERR	902973155
MRK	MERCK & COMPANY	77,983	$3.903B	0.5%	$30.08	+4.0%	COMMON	58933Y105
—	GOLDMAN SACHS GROUP I	193,105	$3.486B	0.5%	$21700.00	—	PREFERR	38143Y665
—	METLIFE INC PFD A FLT	163,979	$3.452B	0.5%	$24320.00	—	PREFERR	59156R504
INTC	INTEL CORP	128,156	$3.326B	0.4%	$17.15	+4.5%	COMMON	458140100
RJF	RAYMOND JAMES FINANCI	63,525	$3.315B	0.4%	$24.09	+7.9%	COMMON	754730109
NSC	NORFOLK SOUTHERN CORP	35,188	$3.267B	0.4%	$57.67	+13.9%	COMMON	655844108
LOW	LOWE'S COS INC	60,115	$2.979B	0.4%	$32.16	+21.7%	COMMON	548661107
BEN	FRANKLIN RESOURCES IN	50,223	$2.899B	0.4%	$29.26	+9.8%	COMMON	354613101
KMB	KIMBERLY CLARK CORP	27,611	$2.884B	0.4%	$63.06	+5.2%	COMMON	494368103
ABBV	ABBVIE INC COM	52,633	$2.78B	0.4%	$26.55	+14.5%	COMMON	00287Y109
—	DENTSPLY INTL INC NEW	55,139	$2.673B	0.4%	$43353.71	—	COMMON	249030107
—	BERKSHIRE HATHAWAY IN	22,484	$2.666B	0.3%	$111920.01	—	COMMON	84670702
FLR	FLUOR CORP NEW COM	32,315	$2.595B	0.3%	$53.56	+26.3%	COMMON	343412102
COP	CONOCOPHILLIPS	35,469	$2.506B	0.3%	$41.01	+18.0%	COMMON	20825C104
YUM	YUM BRANDS INC	32,930	$2.49B	0.3%	$38.97	+4.9%	COMMON	988498101
PPG	PPG INDUSTRIES INC	12,441	$2.36B	0.3%	$59.61	+22.5%	COMMON	693506107
ITW	ILLINOIS TOOL WORKS I	27,776	$2.335B	0.3%	$49.85	+19.3%	COMMON	452308109
TMO	THERMO FISHER SCIENTI	20,756	$2.311B	0.3%	$79.76	+19.9%	COMMON	883556102
KO	COCA COLA CO.	50,400	$2.082B	0.3%	$27.82	-3.1%	COMMON	191216100
PM	PHILIP MORRIS INTL IN	23,590	$2.055B	0.3%	$49.85	-4.0%	COMMON	718172109
—	ABBOTT LABS	53,604	$2.055B	0.3%	$34880.00	—	COMMON	2824100
—	AMGEN INC	16,630	$1.897B	0.2%	$98660.01	—	COMMON	31162100
D	DOMINION RES INC VA N	29,174	$1.887B	0.2%	$34.53	+12.1%	COMMON	25746U109
DIS	DISNEY WALT COMPANY	24,308	$1.857B	0.2%	$56.11	+9.9%	COMMON	254687106
—	NOBLE ENERGY	27,035	$1.841B	0.2%	$61057.89	—	COMMON	655044105
HD	HOME DEPOT INC	21,491	$1.77B	0.2%	$56.05	+4.8%	COMMON	437076102
GIS	GENERAL MILLS INC	34,739	$1.734B	0.2%	$31.99	+2.8%	COMMON	370334104
—	AMERICAN EXPRESS CO.	17,502	$1.588B	0.2%	$74760.03	—	COMMON	25816109
WFC	WELLS FARGO & CO NEW	34,876	$1.583B	0.2%	$27.40	+12.3%	COMMON	949746101
—	GLAXOSMITHKLINE PLC A	29,506	$1.575B	0.2%	$49970.00	—	COMMON	37733W105
—	PLUM CREEK TIMBER CO.	33,609	$1.563B	0.2%	$46672.72	—	COMMON	729251108
CVE	CENOVUS ENERGY INC CO	54,540	$1.563B	0.2%	$22.39	+0.2%	COMMON	15135U109
—	COACH INC COM	27,265	$1.53B	0.2%	$57090.00	—	COMMON	189754104
DVN	DEVON ENERGY CORP NEW	23,680	$1.465B	0.2%	$37.22	+10.2%	COMMON	25179M103
GS	GOLDMAN SACHS GROUP I	7,705	$1.366B	0.2%	$130.68	0.0%	COMMON	38141G104
—	GOLDMAN SACHS GROUP I	74,250	$1.365B	0.2%	$22110.01	—	PREFERR	38144G804
UNP	UNION PACIFIC CORP	7,884	$1.325B	0.2%	$57.36	+5.6%	COMMON	907818108
NEE	NEXTERA ENERGY INC CO	15,440	$1.322B	0.2%	$14.15	+8.1%	COMMON	65339F101
—	BP PLC ADR	25,818	$1.255B	0.2%	$41739.99	—	COMMON	55622104
—	BAXTER INTERNATIONAL	16,602	$1.155B	0.2%	$69270.03	—	COMMON	71813109
HSY	HERSHEY FOODS CORP	11,527	$1.121B	0.1%	$65.74	+9.8%	COMMON	427866108
—	MAGELLAN MIDSTREAM PA	16,720	$1.058B	0.1%	$54814.71	—	COMMON	559080106
COST	COSTCO WHOLESALE	8,782	$1.045B	0.1%	$86.62	+9.9%	COMMON	22160K105
—	ROYAL DUTCH SHELL PLC	14,039	$1.001B	0.1%	$63800.03	—	COMMON	780259206
TXN	TEXAS INSTRUMENTS INC	22,760	$999M	0.1%	$25.31	+18.8%	COMMON	882508104
—	BERKSHIRE HATHAWAY IN	5	$890M	0.1%	$168600000.00	—	COMMON	84670108
HAL	HALLIBURTON CO.	17,339	$880M	0.1%	$33.21	+24.3%	COMMON	406216101
—	AQUA AMERICA INC	37,283	$880M	0.1%	$30048.51	—	COMMON	03836W103
PSX	PHILLIPS 66 COM	11,149	$860M	0.1%	$40.44	+7.4%	COMMON	718546104
MO	ALTRIA GROUP INC	21,147	$812M	0.1%	$16.28	+5.4%	COMMON	02209S103
—	BRYN MAWR BANK CORP	26,000	$785M	0.1%	$23930.00	—	COMMON	117665109
TMP	TOMPKINS FINANCIAL CO	15,000	$771M	0.1%	$27.90	+18.5%	COMMON	890110109
CPB	CAMPBELL SOUP CO	17,600	$762M	0.1%	$30.86	-7.6%	COMMON	134429109
—	BOARDWALK PIPELINE PA	29,150	$744M	0.1%	$30200.00	—	COMMON	96627104
—	MEDTRONIC INC	12,933	$742M	0.1%	$51526.82	—	COMMON	585055106
ECL	ECOLAB INC	7,030	$733M	0.1%	$73.48	+23.8%	COMMON	278865100
GLW	CORNING INC	40,848	$728M	0.1%	$10.49	+14.9%	COMMON	219350105
KBR	KBR INC COM	21,870	$697M	0.1%	$26.54	+4.8%	COMMON	48242W106
TSCO	TRACTOR SUPPLY CO	8,850	$687M	0.1%	$9.83	+22.5%	COMMON	892356106
—	BOEING CO.	4,790	$654M	0.1%	$102439.93	—	COMMON	97023105
DUK	DUKE ENERGY CORPORATI	9,466	$653M	0.1%	$41.81	+1.3%	COMMON	26441C204
—	PIEDMONT NAT GAS INC	19,500	$647M	0.1%	$33621.03	—	COMMON	720186105
NTAP	NETAPP INC COM	15,225	$626M	0.1%	$26.74	+12.8%	COMMON	64110D104
UVSP	UNIVEST CORP PA	29,491	$610M	0.1%	$18.38	+8.4%	COMMON	915271100
CSCO	CISCO SYSTEMS INC	26,919	$604M	0.1%	$15.24	-0.2%	COMMON	17275R102
MDLZ	MONDELEZ INTL INC	16,589	$586M	0.1%	$23.16	+10.2%	COMMON	609207105
—	L-3 COMMUNICATIONS HO	5,250	$561M	0.1%	$85740.00	—	COMMON	502424104
RL	RALPH LAUREN CORP CL	3,095	$546M	0.1%	$135.30	0.0%	COMMON	751212101
ED	CONSOLIDATED EDISON I	9,703	$536M	0.1%	$37.44	-4.2%	COMMON	209115104
VV	VANGUARD INDEX FDS LA	6,225	$528M	0.1%	$73410.06	—	MUTUAL	922908637
—	STARWOOD HOTELS & RES	6,625	$526M	0.1%	$63190.04	—	COMMON	85590A401
—	WELLS FARGO & CO NEW	18,800	$526M	0.1%	$28585.53	—	PREFERR	949746879
—	RAYTHEON CO NEW	5,680	$515M	0.1%	$66330.61	—	COMMON	755111507
—	KELLOGG CO.	8,196	$501M	0.1%	$38.95	-3.0%	COMMON	487836108
PNC	PNC FINANCIAL CORP	6,279	$487M	0.1%	$47.34	+9.6%	COMMON	693475105
—	PIONEER NATURAL RES C	2,596	$478M	0.1%	$187470.02	—	COMMON	723787107
SPG	SIMON PPTY GROUP INC	3,045	$463M	0.1%	$86.63	-6.5%	COMMON	828806109
NSRGY	NESTLE S A REG ADR	6,306	$463M	0.1%	$65475.94	—	COMMON	641069406
VGHAX	VANGUARD SPECIALIZED	5,772	$456M	0.1%	$71636.78	—	MUTUAL	921908885
—	VODAFONE GROUP PLC AD	11,591	$456M	0.1%	$28744.98	—	COMMON	92857W209
—	GENESEE & WYO INC CL	4,698	$451M	0.1%	$84839.93	—	COMMON	371559105
TEMWX	TEMPLETON WORLD A	23,056	$448M	0.1%	$17169.85	—	MUTUAL	880196100
EQT	EQT CORP COM	4,700	$422M	0.1%	$37.67	+15.0%	COMMON	26884L109
UHS	UNIVERSAL HEALTH SVCS	4,975	$404M	0.1%	$63.53	+19.8%	COMMON	913903100
—	WILLIS GROUP HOLDINGS	9,000	$403M	0.1%	$40780.00	—	COMMON	G96666105
SYY	SYSCO CORP	11,111	$401M	0.1%	$24.39	-0.1%	COMMON	871829107
—	UNILEVER N V	9,943	$400M	0.1%	$39309.97	—	COMMON	904784709
LNC	LINCOLN NATL CORP	7,550	$390M	0.1%	$22.50	+41.3%	COMMON	534187109
QNBC	QNB CORP	15,174	$384M	0.1%	$24.55	+0.7%	COMMON	74726N107
ORCL	ORACLE SYS CORP	9,900	$379M	0.0%	$27.58	+4.4%	COMMON	68389X105
RRC	RANGE RES CORP COM	4,480	$378M	0.0%	$76.47	+1.7%	COMMON	75281A109
PPL	PPL CORP	12,271	$369M	0.0%	$16.36	+0.0%	COMMON	69351T106
—	PENTAIR LTD SHS	4,734	$368M	0.0%	$57690.05	—	COMMON	H6169Q108
OKE	ONEOK INC NEW COM	5,900	$367M	0.0%	$19.74	+23.6%	COMMON	682680103
—	COMCAST CORP NEW A SP	7,133	$356M	0.0%	$39849.08	—	COMMON	20030N200
—	DISCOVERY COMMUNICATI	3,900	$353M	0.0%	$77240.00	—	COMMON	25470F104
FULT	FULTON FINL CORP PA	26,172	$342M	0.0%	$7.26	+10.8%	COMMON	360271100
VRTX	VERTEX PHARMACEUTICAL	4,600	$342M	0.0%	$73.64	-5.4%	COMMON	92532F100
—	AMAZON COM INC	850	$339M	0.0%	$277689.94	—	COMMON	23135106
—	CHUBB CORP	3,400	$329M	0.0%	$84650.00	—	COMMON	171232101
—	KRAFT FOODS GROUP INC	5,841	$315M	0.0%	$55870.06	—	COMMON	50076Q106
VWENX	VANGUARD/WELLINGTON F	4,782	$313M	0.0%	$63328.69	—	MUTUAL	921935201
VPMAX	VANGUARD/PRIMECAP FD	3,249	$311M	0.0%	$84945.36	—	MUTUAL	921936209
—	BANK OF AMERICA CORP	19,438	$303M	0.0%	$12860.00	—	COMMON	60505104
—	TEXAS PAC LAND TRUST	3,000	$300M	0.0%	$86990.00	—	COMMON	882610108
VFC	V F CORP	4,800	$299M	0.0%	$52.11	0.0%	COMMON	918204108
—	XILINX INC COM	6,500	$298M	0.0%	$39610.00	—	COMMON	983919101
HON	HONEYWELL INTL INC	3,212	$293M	0.0%	$53.31	+14.1%	COMMON	438516106
—	HCP INC	8,074	$293M	0.0%	$45440.06	—	COMMON	40414L109
EOG	EOG RESOURCES INC	1,651	$277M	0.0%	$46.52	+34.0%	COMMON	26875P101
SEE	SEALED AIR CORP NEW	8,000	$272M	0.0%	$23.12	+8.1%	COMMON	81211K100
IJH	ISHARES TR S&P MIDCAP	2,004	$268M	0.0%	$115500.00	—	MUTUAL	464287507
—	INGERSOLL-RAND PLC	4,300	$265M	0.0%	$55520.00	—	COMMON	G47791101
VWNAX	VANGUARD WINDSOR II A	3,684	$240M	0.0%	$59409.25	—	MUTUAL	922018304
DE	DEERE & CO.	2,600	$237M	0.0%	$68.04	-0.9%	COMMON	244199105
PHG	KONINKLIJKE PHILIPS E	6,209	$230M	0.0%	$32249.96	—	COMMON	500472303
LAFFX	LORD ABBETT AFFILIATE	14,599	$227M	0.0%	$13740.19	—	MUTUAL	544001100
OMC	OMNICOM GROUP	3,055	$227M	0.0%	$46.21	0.0%	COMMON	681919106
TOL	TOLL BROTHERS INC	6,075	$225M	0.0%	$33.17	0.0%	COMMON	889478103
VWIAX	VANGUARD/WELLESLEY IN	3,693	$222M	0.0%	$59527.45	—	MUTUAL	921938205
VWSTX	VANGUARD SHORT-TERM T	13,915	$221M	0.0%	$15831.10	—	MUTUAL	922907100
ACH	OWENS & MINOR INC NEW	6,000	$219M	0.0%	$27.05	+12.1%	COMMON	690732102
UPS	UNITED PARCEL SVC INC	2,075	$218M	0.0%	$64.45	0.0%	COMMON	911312106
—	NORTHEAST UTILITIES	5,138	$218M	0.0%	$41993.84	—	COMMON	664397106
DODIX	DODGE & COX INCOME FD	16,009	$217M	0.0%	$13480.17	—	MUTUAL	256210105
—	ALLETE INC NEW	4,165	$208M	0.0%	$49850.10	—	COMMON	18522300
FFRIX	FIDELITY ADVISOR SER	20,479	$204M	0.0%	$9889.90	—	MUTUAL	315807552
RYN	RAYONIER INC COM	4,800	$202M	0.0%	$55390.08	—	COMMON	754907103
—	AVERY DENNISON CORP	4,000	$201M	0.0%	$50190.00	—	COMMON	53611109
PTTCX	PIMCO TOTAL RET FDS	10,780	$115M	0.0%	$10760.24	—	MUTUAL	693390429
—	HUDSON CITY BANCORP C	12,201	$115M	0.0%	$9175.04	—	COMMON	443683107
FDAAX	FRANKLIN INVS SECS TR	12,473	$115M	0.0%	$9169.97	—	MUTUAL	353612781
—	DWS CORE FIXED I NCOM	10,333	$100M	0.0%	$9690.38	—	MUTUAL	23339E863
—	APHTON CORP	15,000	$15,000	0.0%	$1.00	—	COMMON	03759P101