Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL	304,362	$22.63B	3.1%	$53.69	-8.6%	COMMON	30231G102
JNJ	JOHNSON & JOHNSON	190,246	$17.76B	2.4%	$59.87	+21.1%	COMMON	478160104
MMM	3M CO.	114,112	$16.18B	2.2%	$61.44	+42.4%	COMMON	88579Y101
—	BECTON DICKINSON & CO	117,933	$15.64B	2.2%	$98829.61	—	COMMON	75887109
CCL	CARNIVAL CORP	313,338	$15.57B	2.1%	$29.16	+51.0%	COMMON	143658300
V	VISA INC COM CL A	212,967	$14.84B	2.0%	$55.80	+19.0%	COMMON	92826C839
—	GENERAL ELECTRIC CO	580,914	$14.65B	2.0%	$23302.84	—	COMMON	369604103
PEP	PEPSICO INC	154,926	$14.61B	2.0%	$56.14	+23.8%	COMMON	713448108
NVS	NOVARTIS AG SPONSORED	151,764	$13.95B	1.9%	$72847.56	—	COMMON	66987V109
CVS	CVS HEALTH CORP.	141,132	$13.62B	1.9%	$41.65	+86.8%	COMMON	126650100
STT	STATE STREET CORP	201,265	$13.53B	1.9%	$44.91	+23.1%	COMMON	857477103
ACN	ACCENTURE PLC	134,795	$13.24B	1.8%	$63.53	+31.9%	COMMON	G1151C101
MCD	MCDONALD'S CORP	133,395	$13.14B	1.8%	$71.83	+4.9%	COMMON	580135101
SLB	SCHLUMBERGER LTD	185,814	$12.82B	1.8%	$53.53	+10.1%	COMMON	806857108
MSFT	MICROSOFT CORP	288,917	$12.79B	1.8%	$30.30	+28.4%	COMMON	594918104
IBM	INT'L BUSINESS MACHIN	84,560	$12.26B	1.7%	$117.24	-18.7%	COMMON	459200101
PG	PROCTER & GAMBLE CO	168,899	$12.15B	1.7%	$55.73	+1.1%	COMMON	742718109
—	APPLE INC	106,023	$11.69B	1.6%	$137094.56	—	COMMON	37833100
CTSH	COGNIZANT TECHNOLOGY	185,007	$11.58B	1.6%	$37.64	+47.9%	COMMON	192446102
VZ	VERIZON COMMUNICATION	265,014	$11.53B	1.6%	$26.36	+2.5%	COMMON	92343V104
DEO	DIAGEO PLC ADR SPONSO	103,513	$11.16B	1.5%	$116080.11	—	COMMON	25243Q205
CL	COLGATE PALMOLIVE CO	172,065	$10.92B	1.5%	$47.29	+8.5%	COMMON	194162103
RHHBY	ROCHE HLDG LTD ADR	325,647	$10.71B	1.5%	$48591.41	—	COMMON	771195104
KMI	KINDER MORGAN INC	379,153	$10.49B	1.4%	$21.59	-9.5%	COMMON	49456B101
—	GOOGLE INC CL C	17,029	$10.36B	1.4%	$571819.75	—	COMMON	38259P706
DLR	DIGITAL REALTY TRUST	158,378	$10.35B	1.4%	$35.35	+27.3%	COMMON	253868103
—	GOOGLE INC CL A	16,000	$10.21B	1.4%	$863165.80	—	COMMON	38259P508
GWW	GRAINGER W W INC	42,990	$9.243B	1.3%	$205.23	-7.4%	COMMON	384802104
—	BB&T CORP	259,569	$9.241B	1.3%	$36695.27	—	COMMON	54937107
TSM	TAIWAN SEMICONDUCTOR	438,365	$9.096B	1.3%	$18050.90	—	COMMON	874039100
BMY	BRISTOL MYERS SQUIBB	145,643	$8.622B	1.2%	$28.67	+55.4%	COMMON	110122108
NKE	NIKE INC CL B	69,905	$8.596B	1.2%	$26.53	+86.9%	COMMON	654106103
GS	GOLDMAN SACHS GROUP I	48,448	$8.418B	1.2%	$132.83	+19.6%	COMMON	38141G104
—	PRAXAIR INC	81,542	$8.306B	1.1%	$117107.67	—	COMMON	74005P104
FDX	FEDEX CORP	55,135	$7.938B	1.1%	$86.07	+58.3%	COMMON	31428X106
—	BLACKSTONE GROUP L.P.	249,109	$7.889B	1.1%	$33715.69	—	COMMON	09253U108
—	UNITED TECHNOLOGIES C	87,525	$7.789B	1.1%	$95879.47	—	COMMON	913017109
—	AETNA INC	69,293	$7.581B	1.0%	$63635.57	—	COMMON	00817Y108
—	UNILEVER PLC SPON ADR	179,654	$7.326B	1.0%	$40676.97	—	COMMON	904767704
PFE	PFIZER INC	230,722	$7.247B	1.0%	$16.47	+25.1%	COMMON	717081103
WMT	WAL MART STORES INC	110,467	$7.163B	1.0%	$20.08	-5.8%	COMMON	931142103
T	A T & T INC (NEW)	216,879	$7.066B	1.0%	$11.40	+7.6%	COMMON	00206R102
MRK	MERCK & COMPANY	140,568	$6.943B	1.0%	$34.56	+11.1%	COMMON	58933Y105
—	EXPRESS SCRIPTS	84,729	$6.86B	0.9%	$61741.29	—	COMMON	30219G108
—	NORDSTROM INC	93,165	$6.681B	0.9%	$62293.65	—	COMMON	655664100
—	AUTOMATIC DATA PROCES	82,030	$6.592B	0.9%	$69794.45	—	COMMON	53015103
—	E M C CORP MASS	257,298	$6.216B	0.9%	$23919.50	—	COMMON	268648102
—	JACOBS ENGINEERING	164,742	$6.166B	0.8%	$45971.24	—	COMMON	469814107
CVX	CHEVRON CORP	77,765	$6.134B	0.8%	$71.30	-24.5%	COMMON	166764100
JPM	J P MORGAN CHASE & CO	98,677	$6.016B	0.8%	$36.24	+36.9%	COMMON	46625H100
DHR	DANAHER CORP SHS BEN	69,404	$5.914B	0.8%	$26.88	+34.0%	COMMON	235851102
—	AIR PRODS & CHEMS INC	44,357	$5.659B	0.8%	$94239.25	—	COMMON	9158106
RL	RALPH LAUREN CORP	44,920	$5.308B	0.7%	$127.17	-24.3%	COMMON	751212101
CAT	CATERPILLAR INC	73,370	$4.795B	0.7%	$62.98	-6.1%	COMMON	149123101
UNFI	UNITED NAT FOODS INC	93,393	$4.53B	0.6%	$51.37	0.0%	COMMON	911163103
EPD	ENTERPRISE PRODS PART	180,119	$4.485B	0.6%	$50922.76	—	COMMON	293792107
SCHW	SCHWAB CHARLES CORP N	152,281	$4.349B	0.6%	$27.85	+1.4%	COMMON	808513105
DIS	DISNEY WALT COMPANY	41,566	$4.248B	0.6%	$79.88	+24.9%	COMMON	254687106
URBN	URBAN OUTFITTERS INC	142,680	$4.192B	0.6%	$37.56	-14.4%	COMMON	917047102
—	SPECTRA ENERGY CORP	150,155	$3.945B	0.5%	$34460.00	—	COMMON	847560109
—	US BANCORP DEL PFD B	180,102	$3.926B	0.5%	$20859.76	—	PREFERR	902973155
META	FACEBOOK INC CL A	42,468	$3.818B	0.5%	$25.44	+258.2%	COMMON	30303M102
RJF	RAYMOND JAMES FINANCI	75,830	$3.763B	0.5%	$25.14	+26.3%	COMMON	754730109
—	DENTSPLY INTL INC NEW	71,182	$3.6B	0.5%	$44658.96	—	COMMON	249030107
—	METLIFE INC PFD A FLT	145,964	$3.519B	0.5%	$24320.00	—	PREFERR	59156R504
—	GOLDMAN SACHS GROUP I	183,540	$3.509B	0.5%	$21649.50	—	PREFERR	38143Y665
WHR	WHIRLPOOL CORP	22,660	$3.337B	0.5%	$121.27	+39.5%	COMMON	963320106
—	DU PONT E I DE NEMOUR	69,164	$3.334B	0.5%	$52500.00	—	COMMON	263534109
—	JOHNSON CONTROLS INC	78,995	$3.267B	0.4%	$35901.51	—	COMMON	478366107
KEY	KEYCORP NEW	242,280	$3.152B	0.4%	$6.57	+42.1%	COMMON	493267108
EMR	EMERSON ELECTRIC CO	69,273	$3.06B	0.4%	$40.22	-7.2%	COMMON	291011104
—	BERKSHIRE HATHAWAY IN	23,430	$3.055B	0.4%	$113606.38	—	COMMON	84670702
KMB	KIMBERLY CLARK CORP	27,461	$2.994B	0.4%	$63.06	+22.7%	COMMON	494368103
LOW	LOWE'S COS INC	40,060	$2.761B	0.4%	$32.16	+77.1%	COMMON	548661107
NSC	NORFOLK SOUTHERN CORP	35,064	$2.679B	0.4%	$58.28	+11.7%	COMMON	655844108
—	ANADARKO PETROLEUM	40,908	$2.47B	0.3%	$84980.87	—	COMMON	32511107
HAL	HALLIBURTON CO.	67,465	$2.385B	0.3%	$36.74	-12.5%	COMMON	406216101
TOL	TOLL BROTHERS INC	69,411	$2.377B	0.3%	$34.97	+8.3%	COMMON	889478103
FLR	FLUOR CORP NEW COM	55,205	$2.338B	0.3%	$54.17	-21.6%	COMMON	343412102
INTC	INTEL CORP	77,287	$2.329B	0.3%	$17.35	+30.4%	COMMON	458140100
TMO	THERMO FISHER SCIENTI	18,819	$2.301B	0.3%	$79.76	+58.4%	COMMON	883556102
ABBV	ABBVIE INC COM	41,705	$2.269B	0.3%	$26.55	+60.2%	COMMON	00287Y109
HD	HOME DEPOT INC	18,283	$2.112B	0.3%	$57.92	+56.2%	COMMON	437076102
ITW	ILLINOIS TOOL WORKS I	25,601	$2.107B	0.3%	$49.85	+37.1%	COMMON	452308109
—	AMGEN INC	15,050	$2.082B	0.3%	$99090.17	—	COMMON	31162100
ORCL	ORACLE SYS CORP	56,395	$2.037B	0.3%	$35.31	-6.8%	COMMON	68389X105
MD	MEDNAX INC COM	26,230	$2.014B	0.3%	$68.16	+18.4%	COMMON	58502B106
GIS	GENERAL MILLS INC	34,675	$1.946B	0.3%	$32.10	+24.5%	COMMON	370334104
—	ABBOTT LABS	48,115	$1.935B	0.3%	$34880.00	—	COMMON	2824100
—	NATIONAL OILWELL VARC	49,330	$1.857B	0.3%	$49688.50	—	COMMON	637071101
KO	COCA COLA CO.	46,129	$1.851B	0.3%	$27.84	+3.5%	COMMON	191216100
WFC	WELLS FARGO & CO NEW	34,733	$1.784B	0.2%	$28.32	+45.1%	COMMON	949746101
QCOM	QUALCOMM INC	32,137	$1.727B	0.2%	$45.14	-2.2%	COMMON	747525103
PPG	PPG INDUSTRIES INC	19,016	$1.668B	0.2%	$76.69	+10.0%	COMMON	693506107
COST	COSTCO WHOLESALE	11,382	$1.645B	0.2%	$88.69	+34.9%	COMMON	22160K105
TROW	T ROWE PRICE GROUP IN	22,895	$1.591B	0.2%	$47.69	+6.9%	COMMON	74144T108
PM	PHILIP MORRIS INTL IN	18,290	$1.451B	0.2%	$49.85	-1.9%	COMMON	718172109
COP	CONOCOPHILLIPS	29,956	$1.437B	0.2%	$41.33	-11.0%	COMMON	20825C104
IMO	IMPERIAL OIL LTD COM	45,210	$1.429B	0.2%	$28.75	-5.0%	COMMON	453038408
UNP	UNION PACIFIC CORP	15,471	$1.368B	0.2%	$66.07	+9.2%	COMMON	907818108
—	AMERICAN EXPRESS CO.	17,554	$1.301B	0.2%	$75686.77	—	COMMON	25816109
—	GOLDMAN SACHS GROUP I	60,550	$1.203B	0.2%	$22110.01	—	PREFERR	38144G804
NEE	NEXTERA ENERGY INC CO	11,999	$1.171B	0.2%	$14.34	+35.6%	COMMON	65339F101
—	GLAXOSMITHKLINE PLC A	27,737	$1.066B	0.1%	$49283.61	—	COMMON	37733W105
HSY	HERSHEY FOODS CORP	11,527	$1.059B	0.1%	$65.74	+8.0%	COMMON	427866108
TXN	TEXAS INSTRUMENTS INC	21,335	$1.057B	0.1%	$25.31	+45.1%	COMMON	882508104
—	BRYN MAWR BANK CORP	32,794	$1.019B	0.1%	$25617.79	—	COMMON	117665109
—	BERWYN FD INC INCOME	75,925	$981M	0.1%	$12920.01	—	MUTUAL	86233202
—	MAGELLAN MIDSTREAM PA	15,750	$947M	0.1%	$55077.79	—	COMMON	559080106
PSX	PHILLIPS 66 COM	11,847	$910M	0.1%	$41.24	+31.1%	COMMON	718546104
D	DOMINION RES INC VA N	12,698	$894M	0.1%	$34.83	+29.0%	COMMON	25746U109
CPB	CAMPBELL SOUP CO	17,600	$892M	0.1%	$30.86	+15.1%	COMMON	134429109
—	PLUM CREEK TIMBER CO.	21,489	$849M	0.1%	$46557.54	—	COMMON	729251108
—	BP PLC ADR	25,618	$783M	0.1%	$41739.99	—	COMMON	55622104
CFR	CULLEN FROST BANKERS	12,267	$780M	0.1%	$50.16	0.0%	COMMON	229899109
TSCO	TRACTOR SUPPLY CO	8,989	$758M	0.1%	$9.90	+54.0%	COMMON	892356106
GLW	CORNING INC	44,048	$754M	0.1%	$10.78	+26.4%	COMMON	219350105
ECL	ECOLAB INC	6,700	$735M	0.1%	$74.01	+34.8%	COMMON	278865100
MO	ALTRIA GROUP INC	13,484	$734M	0.1%	$16.28	+65.9%	COMMON	02209S103
—	COMCAST CORP NEW A SP	12,390	$709M	0.1%	$47007.43	—	COMMON	20030N200
—	PIEDMONT NAT GAS INC	17,500	$701M	0.1%	$33621.03	—	COMMON	720186105
CMCSA	COMCAST CORP NEW CL A	12,283	$699M	0.1%	$22.76	+2.5%	COMMON	20030N101
—	RAYTHEON CO NEW	6,249	$683M	0.1%	$72632.39	—	COMMON	755111507
—	AQUA AMERICA INC	25,465	$674M	0.1%	$30048.51	—	COMMON	03836W103
MDT	MEDTRONIC PLC	9,985	$668M	0.1%	$58.10	-1.9%	COMMON	G5960L103
—	BOEING CO.	5,099	$668M	0.1%	$106148.01	—	COMMON	97023105
—	SYNGENTA AG SPONSORED	10,420	$665M	0.1%	$74878.80	—	COMMON	87160A100
ED	CONSOLIDATED EDISON I	9,478	$634M	0.1%	$36.84	+17.9%	COMMON	209115104
VV	VANGUARD INDEX FDS LA	6,800	$599M	0.1%	$74577.60	—	MUTUAL	922908637
SPG	SIMON PPTY GROUP INC	3,245	$596M	0.1%	$86.49	+25.7%	COMMON	828806109
RS	RELIANCE STEEL & ALUM	10,900	$589M	0.1%	$64.23	-8.8%	COMMON	759509102
—	1/100 BERKSHIRE HTWY	300	$586M	0.1%	$1952400.00	—	COMMON	84990175
—	WELLS FARGO & CO NEW	20,700	$571M	0.1%	$28639.18	—	PREFERR	949746879
MDLZ	MONDELEZ INTL INC	13,598	$569M	0.1%	$23.59	+44.3%	COMMON	609207105
HON	HONEYWELL INTL INC	5,945	$563M	0.1%	$64.49	+13.7%	COMMON	438516106
VGHAX	VANGUARD SPECIALIZED	6,097	$549M	0.1%	$74058.73	—	MUTUAL	921908885
—	KELLOGG CO.	8,196	$545M	0.1%	$38.97	+11.0%	COMMON	487836108
CSCO	CISCO SYSTEMS INC	20,752	$545M	0.1%	$15.61	+25.4%	COMMON	17275R102
PNC	PNC FINANCIAL CORP	6,006	$536M	0.1%	$47.34	+43.0%	COMMON	693475105
—	L-3 COMMUNICATIONS HO	5,050	$528M	0.1%	$85740.00	—	COMMON	502424104
—	BAXTER INTERNATIONAL	16,027	$526M	0.1%	$68833.73	—	COMMON	71813109
—	UNILEVER N V	12,928	$520M	0.1%	$39851.97	—	COMMON	904784709
—	ROYAL DUTCH SHELL PLC	10,631	$504M	0.1%	$63723.05	—	COMMON	780259206
—	BAXALTA INC COM	15,927	$502M	0.1%	$31510.01	—	COMMON	07177M103
—	VIRTUS INSIGHT TR EMR	56,129	$501M	0.1%	$10069.95	—	MUTUAL	92828T889
—	ALLIANZ FDS MULTI-STR	57,532	$496M	0.1%	$9375.47	—	MUTUAL	01900C565
VRTX	VERTEX PHARMACEUTICAL	4,600	$479M	0.1%	$73.64	+74.5%	COMMON	92532F100
QNBC	QNB CORP	15,174	$448M	0.1%	$24.68	+19.8%	COMMON	74726N107
—	AMAZON COM INC	799	$409M	0.1%	$281877.10	—	COMMON	23135106
UVSP	UNIVEST CORP PA	21,239	$408M	0.1%	$18.38	+7.1%	COMMON	915271100
DUK	DUKE ENERGY CORPORATI	5,605	$403M	0.1%	$41.81	+12.8%	COMMON	26441C204
SYY	SYSCO CORP	10,275	$400M	0.1%	$24.62	+18.1%	COMMON	871829107
NSRGY	NESTLE S A REG ADR	5,025	$377M	0.1%	$65475.94	—	COMMON	641069406
SEE	SEALED AIR CORP NEW	8,000	$375M	0.1%	$23.12	+87.5%	COMMON	81211K100
TEMWX	TEMPLETON WORLD A	23,056	$361M	0.0%	$17169.85	—	MUTUAL	880196100
LNC	LINCOLN NATL CORP	7,550	$358M	0.0%	$22.50	+61.9%	COMMON	534187109
RHI	ROBERT HALF INTL INC	6,925	$354M	0.0%	$34.44	+56.3%	COMMON	770323103
—	TEXAS PAC LAND TRUST	2,500	$351M	0.0%	$86990.00	—	COMMON	882610108
VFC	V F CORP	5,095	$348M	0.0%	$53.10	+29.0%	COMMON	918204108
KHC	KRAFT HEINZ COMPANY	4,908	$346M	0.0%	$47.82	0.0%	COMMON	500754106
BEN	FRANKLIN RESOURCES IN	9,160	$341M	0.0%	$30.45	-13.0%	COMMON	354613101
LLY	LILLY, ELI AND COMPAN	4,026	$337M	0.0%	$46.41	+51.8%	COMMON	532457108
VWENX	VANGUARD/WELLINGTON F	5,192	$331M	0.0%	$65609.69	—	MUTUAL	921935201
SWPPX	SCHWAB S&P 500 INDEX	10,801	$329M	0.0%	$29636.44	—	MUTUAL	808509855
VPMAX	VANGUARD/PRIMECAP FD	3,102	$312M	0.0%	$85314.52	—	MUTUAL	921936209
—	CHUBB CORP	2,502	$307M	0.0%	$86188.01	—	COMMON	171232101
FULT	FULTON FINL CORP PA	25,322	$306M	0.0%	$7.26	+17.3%	COMMON	360271100
—	CELGENE CORP	2,786	$301M	0.0%	$90775.13	—	COMMON	151020104
—	HCP INC	8,074	$301M	0.0%	$45440.06	—	COMMON	40414L109
PPL	PPL CORP	8,806	$290M	0.0%	$16.36	+20.2%	COMMON	69351T106
YUM	YUM BRANDS INC	3,550	$284M	0.0%	$39.31	+26.8%	COMMON	988498101
—	GENESEE & WYO INC CL	4,675	$276M	0.0%	$84167.65	—	COMMON	371559105
—	XILINX INC COM	6,500	$276M	0.0%	$39610.00	—	COMMON	983919101
BUFHX	BUFFALO HIGH YIELD IN	24,077	$273M	0.0%	$11339.91	—	MUTUAL	119539104
GILD	GILEAD SCIENCES INC	2,686	$264M	0.0%	$54.49	+42.2%	COMMON	375558103
CMA	COMERICA INC	6,350	$261M	0.0%	$24.17	+26.4%	COMMON	200340107
EQT	EQT CORP COM	4,000	$259M	0.0%	$37.67	-0.5%	COMMON	26884L109
—	NOBLE ENERGY	8,495	$256M	0.0%	$57526.22	—	COMMON	655044105
UPS	UNITED PARCEL SVC INC	2,588	$255M	0.0%	$65.03	+4.3%	COMMON	911312106
ES	EVERSOURCE ENERGY COM	4,944	$250M	0.0%	$36.21	-7.0%	COMMON	30040W108
MAR	MARRIOTT INTL INC NEW	3,605	$246M	0.0%	$45.89	+42.4%	COMMON	571903202
VWNAX	VANGUARD WINDSOR II A	4,040	$245M	0.0%	$60042.24	—	MUTUAL	922018304
CHRW	C H ROBINSON WORLDWID	3,565	$242M	0.0%	$51.14	+2.6%	COMMON	12541W209
—	PIONEER NATURAL RES C	1,985	$241M	0.0%	$186104.27	—	COMMON	723787107
VWIAX	VANGUARD/WELLESLEY IN	3,967	$238M	0.0%	$59590.35	—	MUTUAL	921938205
TFX	TELEFLEX INC	1,900	$236M	0.0%	$105.28	+19.0%	COMMON	879369106
—	VANGUARD MORGAN GROWT	9,291	$235M	0.0%	$25784.58	—	MUTUAL	921928107
PEG	PUBLIC SVC ENTERPRISE	5,500	$232M	0.0%	$22.69	+25.2%	COMMON	744573106
WEC	WEC ENERGY GROUP INC	4,430	$231M	0.0%	$34.80	0.0%	COMMON	92939U106
USB	US BANCORP NEW	5,518	$226M	0.0%	$29.25	+1.9%	COMMON	902973304
DODBX	DODGE & COX BALANCED	2,373	$224M	0.0%	$99536.45	—	MUTUAL	256201104
VEIPX	VANGUARD EQUITY-INCOM	7,657	$220M	0.0%	$28779.55	—	MUTUAL	921921102
—	ALLETE INC NEW	4,165	$210M	0.0%	$50490.04	—	COMMON	18522300
—	BANK OF AMERICA CORP	13,429	$209M	0.0%	$12999.34	—	COMMON	60505104
PNR	PENTAIR PLC SHS	3,975	$203M	0.0%	$41.76	-20.9%	COMMON	G7S00T104
BXP	BOSTON PROPERTIES INC	1,700	$201M	0.0%	$79.21	-1.1%	COMMON	101121101
DODIX	DODGE & COX INCOME FD	14,929	$200M	0.0%	$13480.17	—	MUTUAL	256210105
FFRIX	FIDELITY ADVISOR SER	20,479	$193M	0.0%	$9889.90	—	MUTUAL	315807552
BUFBX	BUFFALO FLEXIBLE INCO	13,832	$184M	0.0%	$13320.13	—	MUTUAL	119428100
LAFFX	LORD ABBETT AFFILIATE	10,001	$147M	0.0%	$13740.19	—	MUTUAL	544001100
LDLFX	LORD ABBETT INVT TR S	10,787	$47.14M	0.0%	$4430.02	—	MUTUAL	543916464