Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL	310,751	$26.41B	3.3%	$53.69	+3.5%	COMMON	30231G102
JNJ	JOHNSON & JOHNSON	186,998	$18.81B	2.4%	$59.66	+25.9%	COMMON	478160104
MMM	3M CO.	113,831	$18.78B	2.4%	$61.44	+57.7%	COMMON	88579Y101
—	BECTON DICKINSON & CO	118,098	$16.96B	2.1%	$98829.61	—	COMMON	75887109
CVS	CVS HEALTH CORP.	145,494	$15.02B	1.9%	$41.65	+78.3%	COMMON	126650100
NVS	NOVARTIS AG SPONSORED	151,341	$14.92B	1.9%	$72847.56	—	COMMON	66987V109
SLB	SCHLUMBERGER LTD	177,444	$14.81B	1.9%	$53.23	+15.2%	COMMON	806857108
CCL	CARNIVAL CORP	309,188	$14.79B	1.9%	$28.91	+33.3%	COMMON	143658300
STT	STATE STREET CORP	200,077	$14.71B	1.9%	$44.91	+22.8%	COMMON	857477103
PEP	PEPSICO INC	152,371	$14.57B	1.8%	$56.00	+24.5%	COMMON	713448108
—	GENERAL ELECTRIC CO	585,661	$14.53B	1.8%	$23302.84	—	COMMON	369604103
V	VISA INC COM CL A	209,692	$13.72B	1.7%	$55.66	+10.1%	COMMON	92826C839
PG	PROCTER & GAMBLE CO	161,961	$13.27B	1.7%	$55.59	+14.4%	COMMON	742718109
IBM	INT'L BUSINESS MACHIN	82,550	$13.25B	1.7%	$117.53	-17.9%	COMMON	459200101
VZ	VERIZON COMMUNICATION	255,024	$12.4B	1.6%	$26.27	+5.1%	COMMON	92343V104
MCD	MCDONALD'S CORP	123,630	$12.05B	1.5%	$71.61	+0.7%	COMMON	580135101
ACN	ACCENTURE PLC	125,884	$11.79B	1.5%	$62.16	+20.0%	COMMON	G1151C101
DEO	DIAGEO PLC ADR SPONSO	106,372	$11.76B	1.5%	$116081.01	—	COMMON	25243Q205
—	APPLE INC	93,499	$11.63B	1.5%	$140401.62	—	COMMON	37833100
CL	COLGATE PALMOLIVE CO	163,099	$11.31B	1.4%	$47.03	+14.1%	COMMON	194162103
CTSH	COGNIZANT TECHNOLOGY	177,252	$11.06B	1.4%	$36.95	+41.5%	COMMON	192446102
RHHBY	ROCHE HLDG LTD ADR	320,192	$11.05B	1.4%	$48591.41	—	COMMON	771195104
MSFT	MICROSOFT CORP	268,774	$10.93B	1.4%	$29.65	+25.6%	COMMON	594918104
TSM	TAIWAN SEMICONDUCTOR	459,275	$10.78B	1.4%	$18050.90	—	COMMON	874039100
KMI	KINDER MORGAN INC	256,059	$10.77B	1.4%	$22.35	+6.8%	COMMON	49456B101
BMY	BRISTOL MYERS SQUIBB	156,968	$10.12B	1.3%	$28.67	+51.6%	COMMON	110122108
DLR	DIGITAL REALTY TRUST	150,898	$9.953B	1.3%	$34.90	+32.0%	COMMON	253868103
—	UNITED TECHNOLOGIES C	84,686	$9.925B	1.3%	$95781.41	—	COMMON	913017109
—	AETNA INC	91,832	$9.783B	1.2%	$63635.57	—	COMMON	00817Y108
—	BLACKSTONE GROUP L.P.	244,944	$9.526B	1.2%	$33548.18	—	COMMON	09253U108
—	PRAXAIR INC	77,915	$9.407B	1.2%	$117197.63	—	COMMON	74005P104
WMT	WAL MART STORES INC	111,817	$9.197B	1.2%	$20.04	+15.0%	COMMON	931142103
—	BB&T CORP	235,773	$9.193B	1.2%	$36341.04	—	COMMON	54937107
GWW	GRAINGER W W INC	38,882	$9.169B	1.2%	$205.34	-2.6%	COMMON	384802104
GS	GOLDMAN SACHS GROUP I	47,778	$8.981B	1.1%	$132.28	+13.2%	COMMON	38141G104
—	GOOGLE INC CL C	16,347	$8.958B	1.1%	$573992.20	—	COMMON	38259P706
—	GOOGLE INC CL A	15,994	$8.872B	1.1%	$863165.80	—	COMMON	38259P508
—	E M C CORP MASS	345,079	$8.82B	1.1%	$23880.76	—	COMMON	268648102
CVX	CHEVRON CORP	82,829	$8.695B	1.1%	$71.30	-6.2%	COMMON	166764100
EMR	EMERSON ELECTRIC CO	153,552	$8.694B	1.1%	$40.22	+7.9%	COMMON	291011104
FDX	FEDEX CORP	51,123	$8.458B	1.1%	$81.95	+80.4%	COMMON	31428X106
PFE	PFIZER INC	229,565	$7.987B	1.0%	$16.47	+22.0%	COMMON	717081103
—	NORDSTROM INC	96,155	$7.723B	1.0%	$62293.65	—	COMMON	655664100
—	EXPRESS SCRIPTS	87,314	$7.576B	1.0%	$61741.29	—	COMMON	30219G108
T	A T & T INC (NEW)	230,803	$7.536B	1.0%	$11.40	+3.5%	COMMON	00206R102
MRK	MERCK & COMPANY	129,970	$7.471B	0.9%	$34.14	+18.0%	COMMON	58933Y105
NKE	NIKE INC CL B	73,395	$7.364B	0.9%	$26.53	+57.1%	COMMON	654106103
—	SYNGENTA AG SPONSORED	106,626	$7.23B	0.9%	$74878.80	—	COMMON	87160A100
—	UNILEVER PLC SPON ADR	170,099	$7.095B	0.9%	$40560.47	—	COMMON	904767704
QCOM	QUALCOMM INC	101,777	$7.057B	0.9%	$45.14	+14.4%	COMMON	747525103
—	AUTOMATIC DATA PROCES	82,005	$7.023B	0.9%	$69794.45	—	COMMON	53015103
—	JACOBS ENGINEERING	154,847	$6.993B	0.9%	$46421.04	—	COMMON	469814107
—	AIR PRODS & CHEMS INC	45,136	$6.828B	0.9%	$94239.25	—	COMMON	9158106
JPM	J P MORGAN CHASE & CO	102,719	$6.223B	0.8%	$36.24	+22.2%	COMMON	46625H100
EPD	ENTERPRISE PRODS PART	185,874	$6.121B	0.8%	$50922.76	—	COMMON	293792107
RL	RALPH LAUREN CORP	43,881	$5.77B	0.7%	$134.15	-11.1%	COMMON	751212101
—	SPECTRA ENERGY CORP	155,055	$5.608B	0.7%	$34460.00	—	COMMON	847560109
—	DU PONT E I DE NEMOUR	73,414	$5.247B	0.7%	$52500.00	—	COMMON	263534109
DHR	DANAHER CORP SHS BEN	57,095	$4.847B	0.6%	$25.11	+38.8%	COMMON	235851102
CAT	CATERPILLAR INC	57,963	$4.639B	0.6%	$61.79	+2.2%	COMMON	149123101
WHR	WHIRLPOOL CORP	22,885	$4.624B	0.6%	$121.27	+67.5%	COMMON	963320106
RJF	RAYMOND JAMES FINANCI	74,245	$4.216B	0.5%	$24.95	+27.5%	COMMON	754730109
—	JOHNSON CONTROLS INC	81,890	$4.131B	0.5%	$35901.51	—	COMMON	478366107
META	FACEBOOK INC CL A	49,738	$4.089B	0.5%	$25.44	+205.8%	COMMON	30303M102
—	ANADARKO PETROLEUM	49,073	$4.064B	0.5%	$84980.87	—	COMMON	32511107
—	US BANCORP DEL PFD B	178,927	$3.963B	0.5%	$20859.76	—	PREFERR	902973155
HAL	HALLIBURTON CO.	87,110	$3.822B	0.5%	$36.73	-7.9%	COMMON	406216101
—	METLIFE INC PFD A FLT	151,464	$3.755B	0.5%	$24320.00	—	PREFERR	59156R504
—	GOLDMAN SACHS GROUP I	185,030	$3.706B	0.5%	$21649.50	—	PREFERR	38143Y665
NSC	NORFOLK SOUTHERN CORP	34,118	$3.511B	0.4%	$57.92	+45.4%	COMMON	655844108
—	BERKSHIRE HATHAWAY IN	24,030	$3.468B	0.4%	$113606.38	—	COMMON	84670702
—	DENTSPLY INTL INC NEW	67,877	$3.454B	0.4%	$44358.80	—	COMMON	249030107
RS	RELIANCE STEEL & ALUM	56,491	$3.45B	0.4%	$64.79	-13.2%	COMMON	759509102
TROW	T ROWE PRICE GROUP IN	42,375	$3.432B	0.4%	$47.69	+14.4%	COMMON	74144T108
KEY	KEYCORP NEW	235,475	$3.334B	0.4%	$6.48	+38.1%	COMMON	493267108
LOW	LOWE'S COS INC	40,760	$3.032B	0.4%	$32.16	+83.3%	COMMON	548661107
KMB	KIMBERLY CLARK CORP	27,411	$2.936B	0.4%	$63.06	+21.0%	COMMON	494368103
TMO	THERMO FISHER SCIENTI	20,581	$2.765B	0.4%	$79.76	+56.4%	COMMON	883556102
INTC	INTEL CORP	85,965	$2.688B	0.3%	$17.35	+49.9%	COMMON	458140100
FLR	FLUOR CORP NEW COM	44,285	$2.531B	0.3%	$54.76	-6.8%	COMMON	343412102
ITW	ILLINOIS TOOL WORKS I	25,601	$2.487B	0.3%	$49.85	+49.5%	COMMON	452308109
—	AMGEN INC	15,450	$2.47B	0.3%	$99090.17	—	COMMON	31162100
ABBV	ABBVIE INC COM	41,771	$2.445B	0.3%	$26.55	+46.3%	COMMON	00287Y109
PPG	PPG INDUSTRIES INC	10,628	$2.397B	0.3%	$59.61	+58.3%	COMMON	693506107
—	NATIONAL OILWELL VARC	47,035	$2.351B	0.3%	$49990.01	—	COMMON	637071101
CTRA	CABOT OIL & GAS CORP	78,975	$2.332B	0.3%	$25.89	-20.6%	COMMON	127097103
URBN	URBAN OUTFITTERS INC	50,595	$2.31B	0.3%	$35.10	+10.8%	COMMON	917047102
—	ABBOTT LABS	49,516	$2.294B	0.3%	$34880.00	—	COMMON	2824100
TOL	TOLL BROTHERS INC	56,861	$2.237B	0.3%	$34.36	+6.4%	COMMON	889478103
HD	HOME DEPOT INC	19,299	$2.193B	0.3%	$57.92	+47.3%	COMMON	437076102
DIS	DISNEY WALT COMPANY	19,468	$2.042B	0.3%	$56.82	+61.7%	COMMON	254687106
COP	CONOCOPHILLIPS	32,688	$2.035B	0.3%	$41.33	+10.3%	COMMON	20825C104
KO	COCA COLA CO.	48,670	$1.974B	0.3%	$27.84	+6.4%	COMMON	191216100
GIS	GENERAL MILLS INC	34,100	$1.93B	0.2%	$31.99	+14.5%	COMMON	370334104
WFC	WELLS FARGO & CO NEW	34,803	$1.893B	0.2%	$28.32	+40.7%	COMMON	949746101
COST	COSTCO WHOLESALE	11,382	$1.724B	0.2%	$88.69	+36.3%	COMMON	22160K105
UNP	UNION PACIFIC CORP	15,609	$1.691B	0.2%	$66.07	+39.0%	COMMON	907818108
D	DOMINION RES INC VA N	21,174	$1.501B	0.2%	$34.83	+33.8%	COMMON	25746U109
PM	PHILIP MORRIS INTL IN	18,500	$1.394B	0.2%	$49.85	-5.6%	COMMON	718172109
—	STARWOOD HOTELS & RES	16,550	$1.382B	0.2%	$73986.05	—	COMMON	85590A401
—	AMERICAN EXPRESS CO.	17,554	$1.371B	0.2%	$75686.77	—	COMMON	25816109
MD	MEDNAX INC COM	18,170	$1.318B	0.2%	$65.78	+5.7%	COMMON	58502B106
—	GLAXOSMITHKLINE PLC A	28,331	$1.307B	0.2%	$49818.48	—	COMMON	37733W105
TXN	TEXAS INSTRUMENTS INC	22,675	$1.297B	0.2%	$25.31	+64.9%	COMMON	882508104
NEE	NEXTERA ENERGY INC CO	12,199	$1.269B	0.2%	$14.34	+38.5%	COMMON	65339F101
—	MAGELLAN MIDSTREAM PA	16,120	$1.237B	0.2%	$55077.79	—	COMMON	559080106
—	GOLDMAN SACHS GROUP I	60,550	$1.236B	0.2%	$22110.01	—	PREFERR	38144G804
—	PLUM CREEK TIMBER CO.	27,789	$1.207B	0.2%	$46557.54	—	COMMON	729251108
HSY	HERSHEY FOODS CORP	11,527	$1.163B	0.1%	$65.74	+22.4%	COMMON	427866108
—	BAXTER INTERNATIONAL	16,235	$1.112B	0.1%	$69270.03	—	COMMON	71813109
—	BERKSHIRE HATHAWAY IN	5	$1.087B	0.1%	$168600000.00	—	COMMON	84670108
—	BP PLC ADR	25,618	$1.002B	0.1%	$41739.99	—	COMMON	55622104
GLW	CORNING INC	44,115	$1.001B	0.1%	$10.78	+65.3%	COMMON	219350105
PSX	PHILLIPS 66 COM	11,847	$931M	0.1%	$41.24	+19.4%	COMMON	718546104
—	BRYN MAWR BANK CORP	28,794	$876M	0.1%	$24671.31	—	COMMON	117665109
MDT	MEDTRONIC PLC	11,200	$873M	0.1%	$58.10	0.0%	COMMON	G5960L103
CPB	CAMPBELL SOUP CO	17,600	$819M	0.1%	$30.86	+6.8%	COMMON	134429109
BEN	FRANKLIN RESOURCES IN	15,665	$804M	0.1%	$30.45	+6.0%	COMMON	354613101
ECL	ECOLAB INC	6,700	$766M	0.1%	$73.48	+32.3%	COMMON	278865100
TSCO	TRACTOR SUPPLY CO	8,989	$765M	0.1%	$9.90	+43.9%	COMMON	892356106
—	BOEING CO.	4,724	$709M	0.1%	$103932.46	—	COMMON	97023105
VWENX	VANGUARD/WELLINGTON F	10,006	$678M	0.1%	$65609.69	—	MUTUAL	921935201
MO	ALTRIA GROUP INC	13,484	$674M	0.1%	$16.28	+60.9%	COMMON	02209S103
—	AQUA AMERICA INC	25,465	$671M	0.1%	$30048.51	—	COMMON	03836W103
—	ROYAL DUTCH SHELL PLC	10,901	$650M	0.1%	$63800.03	—	COMMON	780259206
VV	VANGUARD INDEX FDS LA	6,800	$647M	0.1%	$74577.60	—	MUTUAL	922908637
—	PIEDMONT NAT GAS INC	17,500	$646M	0.1%	$33621.03	—	COMMON	720186105
—	RAYTHEON CO NEW	5,849	$639M	0.1%	$71056.22	—	COMMON	755111507
—	L-3 COMMUNICATIONS HO	5,050	$635M	0.1%	$85740.00	—	COMMON	502424104
SPG	SIMON PPTY GROUP INC	3,245	$635M	0.1%	$86.49	+30.8%	COMMON	828806109
—	WELLS FARGO & CO NEW	20,700	$605M	0.1%	$28639.18	—	PREFERR	949746879
CSCO	CISCO SYSTEMS INC	21,352	$588M	0.1%	$15.52	+29.5%	COMMON	17275R102
VGHAX	VANGUARD SPECIALIZED	6,097	$580M	0.1%	$74058.73	—	MUTUAL	921908885
ED	CONSOLIDATED EDISON I	9,478	$578M	0.1%	$36.84	+18.6%	COMMON	209115104
RHI	ROBERT HALF INTL INC	9,525	$576M	0.1%	$34.44	+74.6%	COMMON	770323103
—	VIRTUS INSIGHT TR EMR	56,129	$565M	0.1%	$10069.95	—	MUTUAL	92828T889
PNC	PNC FINANCIAL CORP	6,006	$560M	0.1%	$47.34	+35.8%	COMMON	693475105
DUK	DUKE ENERGY CORPORATI	7,271	$558M	0.1%	$41.81	+23.9%	COMMON	26441C204
VRTX	VERTEX PHARMACEUTICAL	4,600	$543M	0.1%	$73.64	+62.7%	COMMON	92532F100
—	KELLOGG CO.	8,196	$541M	0.1%	$38.95	+7.1%	COMMON	487836108
—	ALLIANZ FDS MULTI-STR	55,695	$523M	0.1%	$9389.93	—	MUTUAL	01900C565
QNBC	QNB CORP	17,174	$495M	0.1%	$24.68	+16.9%	COMMON	74726N107
MDLZ	MONDELEZ INTL INC	13,647	$493M	0.1%	$23.47	+20.7%	COMMON	609207105
—	COMCAST CORP NEW A SP	8,687	$487M	0.1%	$42648.12	—	COMMON	20030N200
DVN	DEVON ENERGY CORP NEW	7,985	$482M	0.1%	$37.22	+11.7%	COMMON	25179M103
ORCL	ORACLE SYS CORP	11,080	$478M	0.1%	$28.44	+29.5%	COMMON	68389X105
—	UNILEVER N V	10,608	$443M	0.1%	$39463.56	—	COMMON	904784709
LNC	LINCOLN NATL CORP	7,550	$434M	0.1%	$22.50	+67.5%	COMMON	534187109
—	KRAFT FOODS GROUP INC	4,922	$429M	0.1%	$55870.06	—	COMMON	50076Q106
UVSP	UNIVEST CORP PA	21,239	$420M	0.1%	$18.38	+4.7%	COMMON	915271100
NSRGY	NESTLE S A REG ADR	5,395	$408M	0.1%	$65475.94	—	COMMON	641069406
—	GENESEE & WYO INC CL	4,225	$407M	0.1%	$85018.39	—	COMMON	371559105
TEMWX	TEMPLETON WORLD A	23,056	$403M	0.1%	$17169.85	—	MUTUAL	880196100
VFC	V F CORP	5,095	$384M	0.0%	$53.10	+30.4%	COMMON	918204108
—	CHUBB CORP	3,744	$379M	0.0%	$86188.01	—	COMMON	171232101
SWPPX	SCHWAB S&P 500 INDEX	11,600	$376M	0.0%	$29636.44	—	MUTUAL	808509855
SYY	SYSCO CORP	9,725	$367M	0.0%	$24.39	+21.1%	COMMON	871829107
SEE	SEALED AIR CORP NEW	8,000	$364M	0.0%	$23.12	+60.1%	COMMON	81211K100
—	TEXAS PAC LAND TRUST	2,500	$362M	0.0%	$86990.00	—	COMMON	882610108
—	NOBLE ENERGY	7,315	$358M	0.0%	$61629.92	—	COMMON	655044105
—	HCP INC	8,074	$349M	0.0%	$45440.06	—	COMMON	40414L109
EQT	EQT CORP COM	4,200	$348M	0.0%	$37.67	+3.3%	COMMON	26884L109
VPMAX	VANGUARD/PRIMECAP FD	3,102	$338M	0.0%	$85314.52	—	MUTUAL	921936209
HON	HONEYWELL INTL INC	3,220	$336M	0.0%	$56.50	+29.2%	COMMON	438516106
—	AMAZON COM INC	899	$335M	0.0%	$281877.10	—	COMMON	23135106
—	PIONEER NATURAL RES C	1,930	$316M	0.0%	$187455.44	—	COMMON	723787107
FULT	FULTON FINL CORP PA	25,322	$312M	0.0%	$7.26	+10.0%	COMMON	360271100
—	CELGENE CORP	2,704	$312M	0.0%	$88098.21	—	COMMON	151020104
CMA	COMERICA INC	6,850	$309M	0.0%	$24.17	+23.0%	COMMON	200340107
—	BANK OF AMERICA CORP	19,493	$300M	0.0%	$12999.34	—	COMMON	60505104
PPL	PPL CORP	8,806	$296M	0.0%	$16.36	+20.5%	COMMON	69351T106
YUM	YUM BRANDS INC	3,745	$295M	0.0%	$38.97	+14.3%	COMMON	988498101
MAR	MARRIOTT INTL INC NEW	3,605	$290M	0.0%	$45.89	+56.1%	COMMON	571903202
—	XILINX INC COM	6,500	$275M	0.0%	$39610.00	—	COMMON	983919101
—	OPPENHEIMER SR FLOATI	32,919	$268M	0.0%	$8110.03	—	MUTUAL	68381K101
VWNAX	VANGUARD WINDSOR II A	4,040	$267M	0.0%	$60042.24	—	MUTUAL	922018304
GILD	GILEAD SCIENCES INC	2,686	$264M	0.0%	$54.49	+29.5%	COMMON	375558103
LLY	LILLY, ELI AND COMPAN	3,601	$262M	0.0%	$44.54	+31.6%	COMMON	532457108
—	INGERSOLL-RAND PLC	3,775	$257M	0.0%	$55520.00	—	COMMON	G47791101
UPS	UNITED PARCEL SVC INC	2,580	$250M	0.0%	$65.03	+6.7%	COMMON	911312106
PNR	PENTAIR PLC SHS	3,975	$250M	0.0%	$41.76	-13.4%	COMMON	G7S00T104
ES	EVERSOURCE ENERGY COM	4,944	$250M	0.0%	$36.21	0.0%	COMMON	30040W108
—	VANGUARD MORGAN GROWT	9,291	$246M	0.0%	$25784.58	—	MUTUAL	921928107
VWIAX	VANGUARD/WELLESLEY IN	3,908	$243M	0.0%	$59590.35	—	MUTUAL	921938205
USB	US BANCORP NEW	5,518	$241M	0.0%	$29.25	+1.9%	COMMON	902973304
DODBX	DODGE & COX BALANCED	2,373	$239M	0.0%	$99536.45	—	MUTUAL	256201104
BXP	BOSTON PROPERTIES INC	1,700	$239M	0.0%	$79.21	+14.4%	COMMON	101121101
DE	DEERE & CO.	2,668	$234M	0.0%	$68.09	+7.2%	COMMON	244199105
IMO	IMPERIAL OIL LTD COM	5,850	$233M	0.0%	$38.30	-20.3%	COMMON	453038408
OKE	ONEOK INC NEW COM	4,800	$232M	0.0%	$19.74	+18.0%	COMMON	682680103
CMCSA	COMCAST CORP NEW CL A	4,086	$231M	0.0%	$21.42	+4.6%	COMMON	20030N101
PEG	PUBLIC SVC ENTERPRISE	5,500	$231M	0.0%	$22.69	+25.7%	COMMON	744573106
TFX	TELEFLEX INC	1,900	$230M	0.0%	$105.28	+2.4%	COMMON	879369106
—	ALLETE INC NEW	4,165	$220M	0.0%	$55139.98	—	COMMON	18522300
AMP	AMERIPRISE FINL INC C	1,631	$213M	0.0%	$96.56	+8.4%	COMMON	03076C106
—	MONSANTO CO. NEW	1,883	$212M	0.0%	$119469.99	—	COMMON	61166W101
DODIX	DODGE & COX INCOME FD	15,288	$212M	0.0%	$13480.17	—	MUTUAL	256210105
MMACX	MFS MODERATE ALLOCATI	12,357	$207M	0.0%	$16739.50	—	MUTUAL	55273G751
—	MAIRS & PWR FDS TR CO	1,759	$206M	0.0%	$116199.55	—	MUTUAL	56064V205
ACH	OWENS & MINOR INC NEW	6,000	$203M	0.0%	$28.63	+4.2%	COMMON	690732102
FFRIX	FIDELITY ADVISOR SER	20,479	$199M	0.0%	$9889.90	—	MUTUAL	315807552
LAFFX	LORD ABBETT AFFILIATE	11,599	$188M	0.0%	$13740.19	—	MUTUAL	544001100