Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL	322,608	$30.34B	3.8%	$53.69	+14.6%	COMMON	30231G102
JNJ	JOHNSON & JOHNSON	186,275	$19.86B	2.5%	$59.66	+26.7%	COMMON	478160104
IBM	INT'L BUSINESS MACHIN	94,451	$17.93B	2.3%	$117.53	-2.7%	COMMON	459200101
SLB	SCHLUMBERGER LTD	172,289	$17.52B	2.2%	$52.90	+50.3%	COMMON	806857108
MMM	3M CO.	117,303	$16.62B	2.1%	$61.44	+35.9%	COMMON	88579Y101
PEP	PEPSICO INC	158,131	$14.72B	1.9%	$56.00	+15.9%	COMMON	713448108
—	GENERAL ELECTRIC CO	572,648	$14.67B	1.9%	$23241.07	—	COMMON	369604103
STT	STATE STREET CORP	199,201	$14.66B	1.8%	$44.67	+16.6%	COMMON	857477103
QCOM	QUALCOMM INC	188,665	$14.11B	1.8%	$45.06	+23.0%	COMMON	747525103
CAT	CATERPILLAR INC	141,908	$14.05B	1.8%	$61.70	+28.5%	COMMON	149123101
—	BECTON DICKINSON & CO	120,976	$13.77B	1.7%	$98829.61	—	COMMON	75887109
PG	PROCTER & GAMBLE CO	161,600	$13.53B	1.7%	$55.59	+7.5%	COMMON	742718109
BMY	BRISTOL MYERS SQUIBB	263,690	$13.5B	1.7%	$28.67	+19.4%	COMMON	110122108
NVS	NOVARTIS AG SPONSORED	138,596	$13.05B	1.6%	$70710.00	—	COMMON	66987V109
CVS	CVS CORP	159,813	$12.72B	1.6%	$41.65	+38.0%	COMMON	126650100
VZ	VERIZON COMMUNICATION	248,390	$12.42B	1.6%	$26.24	+5.9%	COMMON	92343V104
DEO	DIAGEO PLC ADR SPONSO	104,911	$12.11B	1.5%	$116178.44	—	COMMON	25243Q205
V	VISA INC COM CL A	55,891	$11.93B	1.5%	$40.02	+24.0%	COMMON	92826C839
CCL	CARNIVAL CORP PAIRED	294,825	$11.84B	1.5%	$28.48	+12.4%	COMMON	143658300
MSFT	MICROSOFT CORP	252,764	$11.72B	1.5%	$29.14	+29.2%	COMMON	594918104
RHHBY	ROCHE HLDG LTD ADR	311,690	$11.54B	1.5%	$48913.76	—	COMMON	771195104
—	DU PONT E I DE NEMOUR	156,699	$11.24B	1.4%	$52500.00	—	COMMON	263534109
ACN	ACCENTURE PLC	132,676	$10.79B	1.4%	$62.16	+6.4%	COMMON	G1151C101
MCD	MCDONALD'S CORP	111,753	$10.6B	1.3%	$71.55	-0.4%	COMMON	580135101
—	E M C CORP MASS	358,804	$10.5B	1.3%	$23880.76	—	COMMON	268648102
CL	COLGATE PALMOLIVE CO	160,788	$10.49B	1.3%	$46.96	+7.9%	COMMON	194162103
—	APPLE INC	103,417	$10.42B	1.3%	$140401.62	—	COMMON	37833100
DLR	DIGITAL RLTY TR INC	164,454	$10.26B	1.3%	$34.90	+19.3%	COMMON	253868103
CVX	CHEVRON CORP	84,090	$10.03B	1.3%	$71.30	+10.1%	COMMON	166764100
EMR	EMERSON ELECTRIC CO	154,571	$9.673B	1.2%	$40.22	+18.8%	COMMON	291011104
JPM	J P MORGAN CHASE & CO	152,968	$9.215B	1.2%	$36.24	+19.0%	COMMON	46625H100
TSM	TAIWAN SEMICONDUCTOR	455,751	$9.197B	1.2%	$18050.90	—	COMMON	874039100
—	GOOGLE INC CL C	15,759	$9.099B	1.1%	$575280.00	—	COMMON	38259P706
—	AETNA INC	111,705	$9.048B	1.1%	$63635.57	—	COMMON	00817Y108
—	PRAXAIR INC	70,052	$9.037B	1.1%	$116333.03	—	COMMON	74005P104
—	ANADARKO PETROLEUM	88,261	$8.953B	1.1%	$84980.87	—	COMMON	32511107
—	GOOGLE INC CL A	15,184	$8.934B	1.1%	$880370.00	—	COMMON	38259P508
WMT	WAL MART STORES INC	116,076	$8.876B	1.1%	$19.96	+1.7%	COMMON	931142103
FDX	FEDEX CORP	53,626	$8.658B	1.1%	$81.95	+57.5%	COMMON	31428X106
—	UNILEVER PLC SPON ADR	206,121	$8.636B	1.1%	$40468.43	—	COMMON	904767704
T	A T & T INC (NEW)	241,288	$8.503B	1.1%	$11.40	+4.4%	COMMON	00206R102
—	UNITED TECHNOLOGIES C	80,434	$8.494B	1.1%	$94727.10	—	COMMON	913017109
GS	GOLDMAN SACHS GROUP I	44,396	$8.15B	1.0%	$131.13	+7.2%	COMMON	38141G104
GWW	GRAINGER W W INC	31,831	$8.01B	1.0%	$205.60	-0.9%	COMMON	384802104
CTSH	COGNIZANT TECHNOLOGY	178,193	$7.978B	1.0%	$36.95	+12.9%	COMMON	192446102
EPD	ENTERPRISE PRODS PART	194,569	$7.841B	1.0%	$50922.76	—	COMMON	293792107
—	JOHNSON CONTROLS INC	171,995	$7.568B	1.0%	$35901.51	—	COMMON	478366107
—	SYNGENTA AG SPONSORED	118,105	$7.484B	0.9%	$75208.45	—	COMMON	87160A100
—	BLACKSTONE GROUP L.P.	229,073	$7.211B	0.9%	$33315.25	—	COMMON	09253U108
—	AUTOMATIC DATA PROCES	84,884	$7.052B	0.9%	$69794.45	—	COMMON	53015103
NKE	NIKE INC CL B	77,932	$6.952B	0.9%	$26.53	+29.6%	COMMON	654106103
—	NORDSTROM INC	100,285	$6.856B	0.9%	$59914.75	—	COMMON	655664100
PFE	PFIZER INC	226,075	$6.685B	0.8%	$16.47	+5.9%	COMMON	717081103
—	EXPRESS SCRIPTS	89,717	$6.337B	0.8%	$61741.29	—	COMMON	30219G108
—	SPECTRA ENERGY CORP	156,155	$6.131B	0.8%	$34460.00	—	COMMON	847560109
—	AIR PRODS & CHEMS INC	45,186	$5.882B	0.7%	$93301.54	—	COMMON	9158106
—	BB&T CORP	147,147	$5.475B	0.7%	$34752.51	—	COMMON	54937107
KEY	KEYCORP NEW	360,398	$4.804B	0.6%	$6.48	+36.2%	COMMON	493267108
—	KINDER MORGAN EGY PTN	50,558	$4.716B	0.6%	$85236.77	—	COMMON	494550106
MRK	MERCK & COMPANY	78,586	$4.659B	0.6%	$30.19	+30.4%	COMMON	58933Y105
TROW	T ROWE PRICE GROUP IN	56,840	$4.456B	0.6%	$47.69	+10.3%	COMMON	74144T108
DHR	DANAHER CORP SHS BEN	57,869	$4.397B	0.6%	$25.11	+24.1%	COMMON	235851102
—	US BANCORP DEL PFD B	194,427	$4.287B	0.5%	$20859.76	—	PREFERR	902973155
BEN	FRANKLIN RESOURCES IN	77,794	$4.248B	0.5%	$30.45	+10.3%	COMMON	354613101
—	JACOBS ENGINEERING	85,667	$4.182B	0.5%	$48820.00	—	COMMON	469814107
META	FACEBOOK INC CL A	51,507	$4.071B	0.5%	$25.44	+186.4%	COMMON	30303M102
—	GOLDMAN SACHS GROUP I	198,230	$3.873B	0.5%	$21649.50	—	PREFERR	38143Y665
NSC	NORFOLK SOUTHERN CORP	34,613	$3.863B	0.5%	$57.92	+42.6%	COMMON	655844108
—	METLIFE INC PFD A FLT	160,079	$3.829B	0.5%	$24320.00	—	PREFERR	59156R504
RJF	RAYMOND JAMES FINANCI	67,225	$3.602B	0.5%	$24.27	+22.0%	COMMON	754730109
WHR	WHIRLPOOL CORP	24,135	$3.515B	0.4%	$121.27	+21.9%	COMMON	963320106
—	BERKSHIRE HATHAWAY IN	23,349	$3.225B	0.4%	$112665.75	—	COMMON	84670702
KMB	KIMBERLY CLARK CORP	27,411	$2.949B	0.4%	$63.06	+12.3%	COMMON	494368103
INTC	INTEL CORP	83,879	$2.921B	0.4%	$17.15	+50.1%	COMMON	458140100
—	DENTSPLY INTL INC NEW	61,827	$2.819B	0.4%	$43642.71	—	COMMON	249030107
CTRA	CABOT OIL & GAS CORP	82,690	$2.703B	0.3%	$25.89	-6.5%	COMMON	127097103
IMO	IMPERIAL OIL LTD COM	57,119	$2.697B	0.3%	$38.30	+4.6%	COMMON	453038408
RL	RALPH LAUREN CORP CL	15,890	$2.618B	0.3%	$130.67	+1.0%	COMMON	751212101
TMO	THERMO FISHER SCIENTI	20,756	$2.526B	0.3%	$79.76	+47.1%	COMMON	883556102
LOW	LOWE'S COS INC	47,390	$2.508B	0.3%	$32.16	+28.1%	COMMON	548661107
ABBV	ABBVIE INC COM	42,040	$2.428B	0.3%	$26.55	+32.5%	COMMON	00287Y109
FLR	FLUOR CORP NEW COM	36,300	$2.424B	0.3%	$55.09	+19.2%	COMMON	343412102
COP	CONOCOPHILLIPS	31,206	$2.388B	0.3%	$41.15	+37.7%	COMMON	20825C104
—	AMGEN INC	16,460	$2.312B	0.3%	$99090.17	—	COMMON	31162100
ITW	ILLINOIS TOOL WORKS I	25,826	$2.18B	0.3%	$49.85	+32.8%	COMMON	452308109
PPG	PPG INDUSTRIES INC	10,678	$2.101B	0.3%	$59.61	+39.9%	COMMON	693506107
—	ABBOTT LABS	49,150	$2.044B	0.3%	$34880.00	—	COMMON	2824100
KO	COCA COLA CO.	47,714	$2.035B	0.3%	$27.82	+3.7%	COMMON	191216100
DIS	DISNEY WALT COMPANY	21,086	$1.877B	0.2%	$56.11	+41.3%	COMMON	254687106
KMI	KINDER MORGAN INC DEL	47,516	$1.822B	0.2%	$21.42	0.0%	COMMON	49456B101
GIS	GENERAL MILLS INC	34,600	$1.746B	0.2%	$31.99	+10.8%	COMMON	370334104
WFC	WELLS FARGO & CO NEW	32,960	$1.71B	0.2%	$27.64	+35.4%	COMMON	949746101
UNP	UNION PACIFIC CORP	15,768	$1.71B	0.2%	$66.07	+21.6%	COMMON	907818108
HD	HOME DEPOT INC	17,988	$1.65B	0.2%	$56.05	+17.3%	COMMON	437076102
CMA	COMERICA INC	32,565	$1.624B	0.2%	$24.17	+37.0%	COMMON	200340107
PM	PHILIP MORRIS INTL IN	18,500	$1.543B	0.2%	$49.85	-3.9%	COMMON	718172109
URBN	URBAN OUTFITTERS INC	40,450	$1.485B	0.2%	$35.60	+3.3%	COMMON	917047102
—	AMERICAN EXPRESS CO.	16,815	$1.472B	0.2%	$74760.03	—	COMMON	25816109
D	DOMINION RES INC VA N	20,651	$1.427B	0.2%	$34.53	+23.4%	COMMON	25746U109
COST	COSTCO WHOLESALE	11,382	$1.426B	0.2%	$88.04	+10.3%	COMMON	22160K105
—	MAGELLAN MIDSTREAM PA	16,920	$1.424B	0.2%	$55077.79	—	COMMON	559080106
—	GOLDMAN SACHS GROUP I	69,450	$1.39B	0.2%	$22110.01	—	PREFERR	38144G804
RS	RELIANCE STEEL & ALUM	19,920	$1.363B	0.2%	$71.39	-0.5%	COMMON	759509102
—	GLAXOSMITHKLINE PLC A	28,731	$1.321B	0.2%	$49970.00	—	COMMON	37733W105
—	PLUM CREEK TIMBER CO.	32,584	$1.271B	0.2%	$46557.54	—	COMMON	729251108
CVE	CENOVUS ENERGY INC CO	46,100	$1.239B	0.2%	$22.39	+7.7%	COMMON	15135U109
DVN	DEVON ENERGY CORP NEW	17,965	$1.225B	0.2%	$37.22	+35.1%	COMMON	25179M103
—	BAXTER INTERNATIONAL	16,202	$1.163B	0.1%	$69270.03	—	COMMON	71813109
—	BP PLC ADR	25,618	$1.126B	0.1%	$41739.99	—	COMMON	55622104
NEE	NEXTERA ENERGY INC CO	11,790	$1.107B	0.1%	$14.15	+26.7%	COMMON	65339F101
HSY	HERSHEY FOODS CORP	11,527	$1.1B	0.1%	$65.74	+7.4%	COMMON	427866108
TXN	TEXAS INSTRUMENTS INC	22,675	$1.081B	0.1%	$25.31	+38.8%	COMMON	882508104
HAL	HALLIBURTON CO.	16,439	$1.06B	0.1%	$33.65	+64.0%	COMMON	406216101
—	NOBLE ENERGY	15,425	$1.054B	0.1%	$61629.92	—	COMMON	655044105
—	BERKSHIRE HATHAWAY IN	5	$1.034B	0.1%	$168600000.00	—	COMMON	84670108
PSX	PHILLIPS 66 COM	11,644	$947M	0.1%	$41.10	+34.1%	COMMON	718546104
GLW	CORNING INC	44,048	$852M	0.1%	$10.73	+44.2%	COMMON	219350105
—	COVANCE INC	10,800	$850M	0.1%	$84130.79	—	COMMON	222816100
—	ROYAL DUTCH SHELL PLC	10,901	$830M	0.1%	$63800.03	—	COMMON	780259206
ECL	ECOLAB INC	7,030	$807M	0.1%	$73.48	+35.1%	COMMON	278865100
CPB	CAMPBELL SOUP CO	17,600	$752M	0.1%	$30.86	-0.2%	COMMON	134429109
—	MEDTRONIC INC	11,879	$736M	0.1%	$51526.82	—	COMMON	585055106
—	AQUA AMERICA INC	30,908	$727M	0.1%	$30048.51	—	COMMON	03836W103
—	BRYN MAWR BANK CORP	25,500	$722M	0.1%	$23930.00	—	COMMON	117665109
ED	CONSOLIDATED EDISON I	11,833	$670M	0.1%	$36.84	+1.7%	COMMON	209115104
MO	ALTRIA GROUP INC	13,784	$633M	0.1%	$16.28	+27.0%	COMMON	02209S103
VFIAX	VANGUARD 500 INDEX FU	3,447	$627M	0.1%	$180940.28	—	MUTUAL	922908710
VV	VANGUARD INDEX FDS LA	6,725	$608M	0.1%	$74347.61	—	MUTUAL	922908637
—	BOEING CO.	4,744	$604M	0.1%	$102439.93	—	COMMON	97023105
—	L-3 COMMUNICATIONS HO	5,050	$601M	0.1%	$85740.00	—	COMMON	502424104
RHI	ROBERT HALF INTL INC	12,025	$589M	0.1%	$34.44	+43.8%	COMMON	770323103
—	PIEDMONT NAT GAS INC	17,500	$587M	0.1%	$33621.03	—	COMMON	720186105
DUK	DUKE ENERGY CORPORATI	7,404	$554M	0.1%	$41.81	+9.1%	COMMON	26441C204
—	STARWOOD HOTELS & RES	6,625	$551M	0.1%	$63190.04	—	COMMON	85590A401
—	WELLS FARGO & CO NEW	18,800	$546M	0.1%	$28585.53	—	PREFERR	949746879
TSCO	TRACTOR SUPPLY CO	8,850	$544M	0.1%	$9.83	+7.8%	COMMON	892356106
TOL	TOLL BROTHERS INC	17,400	$542M	0.1%	$33.88	+1.1%	COMMON	889478103
PNC	PNC FINANCIAL CORP	6,257	$535M	0.1%	$47.34	+26.4%	COMMON	693475105
SPG	SIMON PPTY GROUP INC	3,245	$534M	0.1%	$86.49	+12.0%	COMMON	828806109
TMP	TOMPKINS FINANCIAL CO	12,000	$529M	0.1%	$27.90	+13.6%	COMMON	890110109
—	RAYTHEON CO NEW	5,205	$529M	0.1%	$66330.61	—	COMMON	755111507
VRTX	VERTEX PHARMACEUTICAL	4,600	$517M	0.1%	$73.64	+29.3%	COMMON	92532F100
—	KELLOGG CO.	8,196	$505M	0.1%	$38.95	+4.0%	COMMON	487836108
CSCO	CISCO SYSTEMS INC	19,525	$491M	0.1%	$15.24	+16.2%	COMMON	17275R102
VGHAX	VANGUARD SPECIALIZED	5,456	$490M	0.1%	$72083.54	—	MUTUAL	921908885
—	TEXAS PAC LAND TRUST	2,500	$481M	0.1%	$86990.00	—	COMMON	882610108
QNBC	QNB CORP	17,174	$459M	0.1%	$24.68	+8.3%	COMMON	74726N107
—	PIONEER NATURAL RES C	2,330	$459M	0.1%	$187455.44	—	COMMON	723787107
TEMWX	TEMPLETON WORLD A	23,056	$449M	0.1%	$17169.85	—	MUTUAL	880196100
MDLZ	MONDELEZ INTL INC	12,787	$438M	0.1%	$23.16	+22.3%	COMMON	609207105
UVSP	UNIVEST CORP PA	21,675	$406M	0.1%	$18.38	+5.8%	COMMON	915271100
LNC	LINCOLN NATL CORP	7,550	$405M	0.1%	$22.50	+58.4%	COMMON	534187109
ORCL	ORACLE SYS CORP	10,500	$402M	0.1%	$27.84	+22.9%	COMMON	68389X105
—	COMCAST CORP NEW A SP	7,471	$400M	0.1%	$40466.66	—	COMMON	20030N200
—	GENESEE & WYO INC CL	4,160	$396M	0.1%	$84839.93	—	COMMON	371559105
—	UNILEVER N V	9,943	$395M	0.0%	$39309.97	—	COMMON	904784709
NSRGY	NESTLE S A REG ADR	5,353	$394M	0.0%	$65475.94	—	COMMON	641069406
EQT	EQT CORP COM	4,200	$384M	0.0%	$37.67	+29.0%	COMMON	26884L109
SYY	SYSCO CORP	9,925	$377M	0.0%	$24.39	+13.0%	COMMON	871829107
SWPPX	SCHWAB S&P 500 INDEX	11,729	$366M	0.0%	$29359.88	—	MUTUAL	808509855
OKE	ONEOK INC NEW COM	5,200	$341M	0.0%	$19.74	+69.2%	COMMON	682680103
VWENX	VANGUARD/WELLINGTON F	4,873	$334M	0.0%	$63328.69	—	MUTUAL	921935201
VPMAX	VANGUARD/PRIMECAP FD	3,049	$330M	0.0%	$84945.36	—	MUTUAL	921936209
—	BANK OF AMERICA CORP	18,953	$323M	0.0%	$12860.00	—	COMMON	60505104
RRC	RANGE RES CORP COM	4,760	$323M	0.0%	$76.46	-0.2%	COMMON	75281A109
—	HCP INC	8,074	$321M	0.0%	$45440.06	—	COMMON	40414L109
VFC	V F CORP	4,800	$317M	0.0%	$52.11	+14.8%	COMMON	918204108
—	CHUBB CORP	3,400	$310M	0.0%	$84650.00	—	COMMON	171232101
PPL	PPL CORP	9,006	$296M	0.0%	$16.36	+14.8%	COMMON	69351T106
PNR	PENTAIR PLC SHS	4,434	$290M	0.0%	$41.76	-8.8%	COMMON	G7S00T104
FULT	FULTON FINL CORP PA	26,172	$290M	0.0%	$7.26	+5.1%	COMMON	360271100
GILD	GILEAD SCIENCES INC	2,686	$286M	0.0%	$54.49	+24.9%	COMMON	375558103
SEE	SEALED AIR CORP NEW	8,000	$279M	0.0%	$23.12	+24.2%	COMMON	81211K100
—	KRAFT FOODS GROUP INC	4,908	$277M	0.0%	$55870.06	—	COMMON	50076Q106
—	XILINX INC COM	6,500	$275M	0.0%	$39610.00	—	COMMON	983919101
—	AMAZON COM INC	850	$274M	0.0%	$277689.94	—	COMMON	23135106
YUM	YUM BRANDS INC	3,720	$268M	0.0%	$38.97	+10.1%	COMMON	988498101
VWNAX	VANGUARD WINDSOR II A	3,728	$258M	0.0%	$59527.25	—	MUTUAL	922018304
—	CELGENE CORP	2,704	$256M	0.0%	$85880.18	—	COMMON	151020104
MAR	MARRIOTT INTL INC NEW	3,605	$252M	0.0%	$45.89	+32.0%	COMMON	571903202
HON	HONEYWELL INTL INC	2,644	$246M	0.0%	$53.31	+25.9%	COMMON	438516106
DODBX	DODGE & COX BALANCED	2,373	$244M	0.0%	$99536.45	—	MUTUAL	256201104
EOG	EOG RESOURCES INC	2,401	$238M	0.0%	$54.91	+44.5%	COMMON	26875P101
VWIAX	VANGUARD/WELLESLEY IN	3,780	$235M	0.0%	$59527.45	—	MUTUAL	921938205
LLY	LILLY, ELI AND COMPAN	3,601	$234M	0.0%	$44.54	+15.3%	COMMON	532457108
—	NORTHEAST UTILITIES	5,138	$228M	0.0%	$41993.84	—	COMMON	664397106
—	VANGUARD MORGAN GROWT	8,285	$224M	0.0%	$25838.71	—	MUTUAL	921928107
VWSTX	VANGUARD SHORT-TERM T	13,986	$222M	0.0%	$15831.10	—	MUTUAL	922907100
UPS	UNITED PARCEL SVC INC	2,253	$221M	0.0%	$64.43	+3.0%	COMMON	911312106
DE	DEERE & CO.	2,660	$218M	0.0%	$68.09	+1.9%	COMMON	244199105
—	INGERSOLL-RAND PLC	3,775	$213M	0.0%	$55520.00	—	COMMON	G47791101
DODIX	DODGE & COX INCOME FD	15,288	$211M	0.0%	$13480.17	—	MUTUAL	256210105
PEG	PUBLIC SVC ENTERPRISE	5,500	$205M	0.0%	$22.69	+9.1%	COMMON	744573106
OGE	OGE ENERGY CORP	5,500	$204M	0.0%	$34.96	+5.3%	COMMON	670837103
PHG	KONINKLIJKE PHILIPS E	6,422	$204M	0.0%	$32233.71	—	COMMON	500472303
FFRIX	FIDELITY ADVISOR SER	20,479	$201M	0.0%	$9889.90	—	MUTUAL	315807552
AMP	AMERIPRISE FINL INC C	1,631	$201M	0.0%	$96.56	0.0%	COMMON	03076C106
LAFFX	LORD ABBETT AFFILIATE	11,599	$189M	0.0%	$13740.19	—	MUTUAL	544001100
—	DAIS ANALYTIC CORP CO	121,795	$35.93M	0.0%	$181.00	—	COMMON	23302X104