Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	JOHNSON & JOHNSON	200,268	$26.04B	3.0%	$61.52	+70.6%	COMMON	478160104
MSFT	MICROSOFT CORP	326,831	$24.35B	2.8%	$33.47	+99.2%	COMMON	594918104
MMM	3M CO.	108,352	$22.74B	2.6%	$63.45	+104.7%	COMMON	88579Y101
AAPL	APPLE INC	140,763	$21.69B	2.5%	$26.26	+37.6%	COMMON	037833100
XOM	EXXON MOBIL	254,333	$20.85B	2.4%	$53.74	+1.1%	COMMON	30231G102
MCD	MCDONALD'S CORP	124,565	$19.52B	2.2%	$73.26	+75.6%	COMMON	580135101
BDX	BECTON DICKINSON & CO	97,941	$19.19B	2.2%	$144.69	+18.2%	COMMON	075887109
V	VISA INC	171,680	$18.07B	2.1%	$55.80	+71.5%	COMMON	92826C839
CCL	CARNIVAL CORP	276,734	$17.87B	2.0%	$29.45	+106.9%	COMMON	143658300
ACN	ACCENTURE PLC	131,894	$17.81B	2.0%	$67.41	+70.1%	COMMON	G1151C101
GOOG	ALPHABET CLASS C	17,253	$16.55B	1.9%	$35.72	+29.4%	COMMON	02079K107
DLR	DIGITAL REALTY TRUST	125,000	$14.79B	1.7%	$43.37	+98.9%	COMMON	253868103
—	GENERAL ELECTRIC CO	603,993	$14.6B	1.7%	$24069.51	—	COMMON	369604103
PEP	PEPSICO INC	129,268	$14.4B	1.6%	$56.14	+59.2%	COMMON	713448108
—	BB&T CORP	298,359	$14B	1.6%	$47019.96	—	COMMON	054937107
CVS	CVS HEALTH CORP.	170,035	$13.83B	1.6%	$49.99	+21.7%	COMMON	126650100
PG	PROCTER & GAMBLE CO	149,780	$13.63B	1.5%	$55.95	+30.5%	COMMON	742718109
KEY	KEYCORP	708,631	$13.34B	1.5%	$7.62	+63.5%	COMMON	493267108
ORCL	ORACLE SYS CORP	274,130	$13.25B	1.5%	$35.49	+23.8%	COMMON	68389X105
FDX	FEDEX CORP	58,337	$13.16B	1.5%	$93.72	+97.3%	COMMON	31428X106
CTSH	COGNIZANT TECHNOLOGY	177,962	$12.91B	1.5%	$39.54	+58.0%	COMMON	192446102
BMY	BRISTOL MYERS SQUIBB	196,550	$12.53B	1.4%	$33.72	+27.8%	COMMON	110122108
GOOGL	ALPHABET CLASS A	12,801	$12.46B	1.4%	$36.73	+28.2%	COMMON	02079K305
SCHW	SCHWAB CHARLES CORP	275,910	$12.07B	1.4%	$27.39	+35.7%	COMMON	808513105
IVZ	INVESCO LTD	343,960	$12.05B	1.4%	$20.54	+12.0%	COMMON	G491BT108
DEO	DIAGEO PLC	89,930	$11.88B	1.4%	$115974.58	—	COMMON	25243Q205
LDOS	LEIDOS HLDGS INC	197,788	$11.71B	1.3%	$45.67	+7.5%	COMMON	525327102
—	UNITED TECHNOLOGIES C	96,184	$11.17B	1.3%	$96217.14	—	COMMON	913017109
WHR	WHIRLPOOL CORP	58,880	$10.86B	1.2%	$150.39	+18.9%	COMMON	963320106
CVX	CHEVRON CORP	91,364	$10.74B	1.2%	$69.15	+10.2%	COMMON	166764100
SYF	SYNCHRONY FINANCIAL	345,465	$10.73B	1.2%	$23.18	+5.1%	COMMON	87165B103
VZ	VERIZON COMMUNICATION	216,467	$10.71B	1.2%	$26.61	+13.6%	COMMON	92343V104
—	QUINTILES IMS HOLDING	111,600	$10.61B	1.2%	$89842.34	—	COMMON	74876Y101
MDT	MEDTRONIC PLC	134,698	$10.48B	1.2%	$62.38	+7.3%	COMMON	G5960L103
WMT	WAL MART STORES INC	132,285	$10.34B	1.2%	$19.61	+16.8%	COMMON	931142103
LEN	LENNAR CORP	180,188	$9.514B	1.1%	$39.82	+14.6%	COMMON	526057104
META	FACEBOOK INC CL/A	54,920	$9.384B	1.1%	$56.34	+194.2%	COMMON	30303M102
QCOM	QUALCOMM INC	180,191	$9.341B	1.1%	$45.05	-6.1%	COMMON	747525103
SLB	SCHLUMBERGER LTD	124,297	$8.671B	1.0%	$53.72	-3.5%	COMMON	806857108
ENB	ENBRIDGE INC	205,968	$8.618B	1.0%	$24.73	-1.6%	COMMON	29250N105
EXPE	EXPEDIA INC DEL	59,122	$8.51B	1.0%	$117.66	+21.3%	COMMON	30212P303
NVS	NOVARTIS ADR	98,874	$8.488B	1.0%	$74317.31	—	COMMON	66987V109
T	A T & T INC (NEW)	206,662	$8.095B	0.9%	$11.51	+35.6%	COMMON	00206R102
RHHBY	ROCHE HLDG LTD ADR	249,956	$7.982B	0.9%	$48320.13	—	COMMON	771195104
MRK	MERCK & COMPANY	121,651	$7.789B	0.9%	$35.15	+32.8%	COMMON	58933Y105
RJF	RAYMOND JAMES FINANCI	89,281	$7.529B	0.9%	$27.20	+74.6%	COMMON	754730109
—	JACOBS ENGINEERING	128,994	$7.516B	0.9%	$47565.91	—	COMMON	469814107
PFE	PFIZER INC	207,522	$7.409B	0.8%	$16.47	+35.1%	COMMON	717081103
—	BLACKSTONE GROUP LP	220,425	$7.356B	0.8%	$31558.21	—	COMMON	09253U108
JPM	J P MORGAN CHASE & CO	75,124	$7.175B	0.8%	$36.24	+103.3%	COMMON	46625H100
CL	COLGATE PALMOLIVE CO	95,760	$6.976B	0.8%	$47.48	+24.7%	COMMON	194162103
TOL	TOLL BROTHERS INC	167,506	$6.946B	0.8%	$31.29	+25.7%	COMMON	889478103
DIS	DISNEY WALT COMPANY	67,450	$6.649B	0.8%	$84.85	+14.2%	COMMON	254687106
—	AETNA INC	40,697	$6.471B	0.7%	$64236.73	—	COMMON	00817Y108
CMCSA	COMCAST CORP NEW CL A	151,494	$5.829B	0.7%	$27.70	+15.6%	COMMON	20030N101
DHR	DANAHER CORP	67,634	$5.802B	0.7%	$28.64	+148.2%	COMMON	235851102
TSM	TAIWAN SEMICONDUCTOR	148,432	$5.574B	0.6%	$18050.90	—	COMMON	874039100
EPD	ENTERPRISE PRODS PART	212,885	$5.55B	0.6%	$44962.11	—	COMMON	293792107
APD	AIR PRODS & CHEMS INC	36,395	$5.504B	0.6%	$111.62	+6.8%	COMMON	009158106
FTV	FORTIVE CORP	75,374	$5.336B	0.6%	$31.00	+29.7%	COMMON	34959J108
CHKP	CHECK POINT SOFTWARE	45,151	$5.148B	0.6%	$86.92	+26.5%	COMMON	M22465104
HAL	HALLIBURTON CO.	107,718	$4.958B	0.6%	$35.58	-0.4%	COMMON	406216101
IBM	INT'L BUSINESS MACHIN	34,142	$4.953B	0.6%	$117.24	-17.4%	COMMON	459200101
—	UNILEVER PLC ADR	79,403	$4.602B	0.5%	$40907.09	—	COMMON	904767704
TMO	THERMO FISHER SCIENTI	22,519	$4.261B	0.5%	$90.74	+95.1%	COMMON	883556102
CFR	CULLEN FROST BANKERS	44,670	$4.24B	0.5%	$49.22	+43.6%	COMMON	229899109
WY	WEYERHAEUSER CO	124,390	$4.233B	0.5%	$22.75	+4.0%	COMMON	962166104
XRAY	DENTSPLY SIRONA INC	69,256	$4.142B	0.5%	$59.03	+0.7%	COMMON	24906P109
EMR	EMERSON ELECTRIC CO	60,059	$3.774B	0.4%	$40.94	+20.3%	COMMON	291011104
BRK/B	BERKSHIRE HATHAWAY IN	20,536	$3.765B	0.4%	$154.30	+14.5%	COMMON	084670702
—	DOWDUPONT INC COM	53,893	$3.731B	0.4%	$69229.99	—	COMMON	26078J100
INTC	INTEL CORP	97,508	$3.713B	0.4%	$20.88	+41.7%	COMMON	458140100
—	GOLDMAN SACHS GROUP I	137,050	$3.26B	0.4%	$21649.50	—	PREFERR	38143Y665
VISN	COMMSCOPE HLDG CO INC	95,470	$3.171B	0.4%	$38.62	-11.5%	COMMON	20337X109
ABBV	ABBVIE INC	35,093	$3.118B	0.4%	$26.55	+102.1%	COMMON	00287Y109
—	US BANCORP DEL PFD B	130,722	$3.064B	0.3%	$20859.76	—	PREFERR	902973155
—	PRAXAIR INC	21,894	$3.059B	0.3%	$117032.42	—	COMMON	74005P104
—	HD SUPPLY HLDGS INC	84,320	$3.041B	0.3%	$38672.81	—	COMMON	40416M105
FBIN	FORTUNE BRANDS HOME &	44,720	$3.007B	0.3%	$42.79	+14.0%	COMMON	34964C106
—	METLIFE INC PFD A FLT	118,974	$2.98B	0.3%	$24320.00	—	PREFERR	59156R504
NKE	NIKE INC CL B	54,558	$2.829B	0.3%	$39.88	+26.3%	COMMON	654106103
ADP	AUTOMATIC DATA PROCES	25,865	$2.828B	0.3%	$76.76	+16.7%	COMMON	053015103
CAT	CATERPILLAR INC	21,890	$2.73B	0.3%	$62.58	+53.4%	COMMON	149123101
ITW	ILLINOIS TOOL WORKS I	18,428	$2.727B	0.3%	$49.85	+132.8%	COMMON	452308109
LOW	LOWE'S COS INC	33,752	$2.698B	0.3%	$36.32	+80.7%	COMMON	548661107
KMB	KIMBERLY CLARK CORP	21,997	$2.589B	0.3%	$63.06	+44.3%	COMMON	494368103
STT	STATE STREET CORP	25,300	$2.417B	0.3%	$45.01	+60.4%	COMMON	857477103
ABT	ABBOTT LABS	43,939	$2.345B	0.3%	$33.65	+28.9%	COMMON	002824100
HD	HOME DEPOT INC	12,905	$2.111B	0.2%	$60.01	+108.6%	COMMON	437076102
UNFI	UNITED NAT FOODS INC	50,680	$2.108B	0.2%	$50.87	-26.8%	COMMON	911163103
PPG	PPG INDUSTRIES INC	17,960	$1.952B	0.2%	$76.69	+18.7%	COMMON	693506107
KO	COCA COLA CO.	42,589	$1.917B	0.2%	$28.19	+24.0%	COMMON	191216100
PM	PHILIP MORRIS INTL IN	16,640	$1.847B	0.2%	$50.16	+50.0%	COMMON	718172109
—	TEXAS PAC LAND TRUST	4,500	$1.818B	0.2%	$111984.66	—	COMMON	882610108
GS	GOLDMAN SACHS GROUP I	7,290	$1.729B	0.2%	$177.57	+5.9%	COMMON	38141G104
GIS	GENERAL MILLS INC	33,200	$1.718B	0.2%	$32.10	+26.8%	COMMON	370334104
UNP	UNION PACIFIC CORP	14,695	$1.704B	0.2%	$65.96	+35.1%	COMMON	907818108
AMGN	AMGEN INC	8,519	$1.588B	0.2%	$114.37	+20.2%	COMMON	031162100
WFC	WELLS FARGO & CO	27,290	$1.505B	0.2%	$29.12	+44.7%	COMMON	949746101
TXN	TEXAS INSTRUMENTS INC	16,670	$1.494B	0.2%	$26.02	+150.5%	COMMON	882508104
NEE	NEXTERA ENERGY INC	10,082	$1.478B	0.2%	$14.34	+107.3%	COMMON	65339F101
NSC	NORFOLK SOUTHERN CORP	11,146	$1.474B	0.2%	$58.28	+76.2%	COMMON	655844108
GLW	CORNING INC	47,548	$1.423B	0.2%	$11.04	+113.7%	COMMON	219350105
COST	COSTCO WHOLESALE	8,658	$1.422B	0.2%	$88.69	+58.0%	COMMON	22160K105
KMI	KINDER MORGAN INC	73,234	$1.405B	0.2%	$20.83	-41.0%	COMMON	49456B101
—	ROCKWELL COLLINS INC	10,215	$1.335B	0.2%	$105079.96	—	COMMON	774341101
—	SPECTRA ENERGY PARTNE	29,887	$1.326B	0.2%	$43774.07	—	COMMON	84756N109
HSY	HERSHEY FOODS CORP	11,442	$1.249B	0.1%	$65.74	+32.7%	COMMON	427866108
COP	CONOCOPHILLIPS	24,309	$1.217B	0.1%	$41.33	-16.7%	COMMON	20825C104
AXP	AMERICAN EXPRESS CO.	13,300	$1.203B	0.1%	$60.98	+25.7%	COMMON	025816109
NVDA	NVIDIA CORP	6,443	$1.152B	0.1%	$0.74	+458.4%	COMMON	67066G104
PSX	PHILLIPS 66	11,719	$1.074B	0.1%	$41.72	+46.8%	COMMON	718546104
—	PIONEER NATURAL RES C	6,825	$1.007B	0.1%	$162514.97	—	COMMON	723787107
URBN	URBAN OUTFITTERS INC	41,100	$982M	0.1%	$37.56	-46.5%	COMMON	917047102
—	MAGELLAN MIDSTREAM PA	13,770	$978M	0.1%	$56143.25	—	COMMON	559080106
—	GOLDMAN SACHS GROUP I	40,700	$941M	0.1%	$22110.01	—	PREFERR	38144G804
HON	HONEYWELL INTL INC	6,479	$918M	0.1%	$68.18	+53.0%	COMMON	438516106
FLR	FLUOR CORP	21,500	$905M	0.1%	$49.02	-20.8%	COMMON	343412102
BAX	BAXTER INTERNATIONAL	14,342	$900M	0.1%	$39.74	+34.7%	COMMON	071813109
—	GLAXOSMITHKLINE PLC	21,934	$891M	0.1%	$49069.24	—	COMMON	37733W105
—	L3 TECHNOLOGIES INC	4,650	$876M	0.1%	$165290.10	—	COMMON	502413107
AMZN	AMAZON COM INC	890	$856M	0.1%	$39.46	+24.5%	COMMON	023135106
D	DOMINION RES INC VA	10,825	$833M	0.1%	$36.24	+48.1%	COMMON	25746U109
—	1/100 BERKSHIRE HTWY	300	$824M	0.1%	$2441210.00	—	COMMON	084990175
CPB	CAMPBELL SOUP CO	17,600	$824M	0.1%	$30.86	+24.4%	COMMON	134429109
CMA	COMERICA INC	10,360	$790M	0.1%	$24.31	+105.1%	COMMON	200340107
BP	BP PLC ADR	20,489	$787M	0.1%	$37380.14	—	COMMON	055622104
ECL	ECOLAB INC	6,040	$777M	0.1%	$74.01	+62.3%	COMMON	278865100
MO	ALTRIA GROUP INC	11,853	$752M	0.1%	$17.46	+106.8%	COMMON	02209S103
—	AQUA AMERICA INC	21,912	$727M	0.1%	$30048.51	—	COMMON	03836W103
—	ROYAL DUTCH SHELL PLC	11,325	$686M	0.1%	$62485.57	—	COMMON	780259206
—	RAYTHEON CO NEW	3,499	$653M	0.1%	$107157.33	—	COMMON	755111507
BA	BOEING CO.	2,496	$635M	0.1%	$135.00	+63.3%	COMMON	097023105
CSCO	CISCO SYSTEMS INC	18,802	$632M	0.1%	$16.48	+50.0%	COMMON	17275R102
ADBE	ADOBE SYS INC	4,000	$597M	0.1%	$86.68	+72.2%	COMMON	00724F101
JCI	JOHNSON CONTROLS INTL	14,534	$586M	0.1%	$33.21	+0.5%	COMMON	G51502105
—	NUVEEN TAX FREE ADV M	41,744	$578M	0.1%	$14370.50	—	MUTUAL	670657105
—	ANADARKO PETROLEUM	11,380	$556M	0.1%	$69730.03	—	COMMON	032511107
LNC	LINCOLN NATL CORP	7,550	$555M	0.1%	$22.50	+122.0%	COMMON	534187109
SPG	SIMON PPTY GROUP INC	3,445	$555M	0.1%	$91.80	+10.9%	COMMON	828806109
—	UNILEVER N V	9,251	$546M	0.1%	$39943.56	—	COMMON	904784709
VGHAX	VANGUARD SPECIALIZED	5,834	$526M	0.1%	$74530.95	—	MUTUAL	921908885
—	TE CONNECTIVITY LTD	6,005	$499M	0.1%	$83059.95	—	COMMON	H84989104
NXPI	NXP SEMICONDUCTORS N	4,200	$475M	0.1%	$72.32	+37.1%	COMMON	N6596X109
—	XILINX INC	6,500	$460M	0.1%	$39610.00	—	COMMON	983919101
NSRGY	NESTLE S A REG ADR	5,478	$459M	0.1%	$67321.73	—	COMMON	641069406
DUK	DUKE ENERGY CORPORATI	5,424	$455M	0.1%	$41.81	+45.4%	COMMON	26441C204
VPMAX	VANGUARD/PRIMECAP FD	3,336	$439M	0.0%	$86758.48	—	MUTUAL	921936209
MDLZ	MONDELEZ INTL INC	10,642	$433M	0.0%	$23.79	+45.8%	COMMON	609207105
—	KELLOGG CO.	6,896	$430M	0.0%	$38.97	+19.3%	COMMON	487836108
—	JUNIPER NETWORKS INC	15,400	$429M	0.0%	$22974.32	—	COMMON	48203R104
VWENX	VANGUARD/WELLINGTON F	5,819	$423M	0.0%	$65646.82	—	MUTUAL	921935201
—	VERSUM MATERIALS INC	10,875	$422M	0.0%	$28070.02	—	COMMON	92532W103
SWPPX	SCHWAB S&P 500 INDEX	10,601	$417M	0.0%	$29636.44	—	MUTUAL	808509855
KHC	KRAFT HEINZ COMPANY	5,333	$414M	0.0%	$49.72	+13.5%	COMMON	500754106
TSCO	TRACTOR SUPPLY CO	6,350	$402M	0.0%	$9.90	+0.6%	COMMON	892356106
—	CELGENE CORP	2,702	$394M	0.0%	$95482.12	—	COMMON	151020104
—	BRYN MAWR BANK CORP	8,794	$385M	0.0%	$25617.79	—	COMMON	117665109
—	GENESEE & WYO INC CL	5,110	$378M	0.0%	$82723.65	—	COMMON	371559105
MRSH	MARSH & MCLENNAN COS	4,500	$377M	0.0%	$46.40	+49.1%	COMMON	571748102
OKE	ONEOK INC NEW	6,770	$375M	0.0%	$25.01	+28.2%	COMMON	682680103
UPS	UNITED PARCEL SVC INC	2,963	$356M	0.0%	$67.29	+23.1%	COMMON	911312106
PNC	PNC FINANCIAL CORP	2,542	$343M	0.0%	$49.48	+95.4%	COMMON	693475105
ICE	INTERCONTINENTALEXCHA	4,750	$326M	0.0%	$48.25	+22.6%	COMMON	45866F104
PEG	PUBLIC SVC ENTERPRISE	7,050	$326M	0.0%	$24.71	+37.8%	COMMON	744573106
—	ALLETE INC NEW	4,065	$314M	0.0%	$64189.91	—	COMMON	018522300
SEE	SEALED AIR CORP	7,228	$309M	0.0%	$23.12	+65.0%	COMMON	81211K100
—	VANGUARD MORGAN GROWT	10,108	$302M	0.0%	$25687.60	—	MUTUAL	921928107
PPL	PPL CORP	7,806	$296M	0.0%	$16.36	+62.0%	COMMON	69351T106
WEC	WEC ENERGY GROUP INC	4,700	$295M	0.0%	$35.53	+37.3%	COMMON	92939U106
—	INGERSOLL-RAND PLC	3,275	$292M	0.0%	$56076.03	—	COMMON	G47791101
BRK/A	BERKSHIRE HATHAWAY IN	1	$275M	0.0%	$230816.08	+15.0%	COMMON	084670108
VWIAX	VANGUARD/WELLESLEY IN	4,199	$271M	0.0%	$59657.56	—	MUTUAL	921938205
PNR	PENTAIR PLC SHS	3,975	$270M	0.0%	$27.52	+37.5%	COMMON	G7S00T104
GILD	GILEAD SCIENCES INC	3,279	$266M	0.0%	$57.72	-3.1%	COMMON	375558103
DODBX	DODGE & COX BALANCED	2,373	$258M	0.0%	$99536.45	—	MUTUAL	256201104
DE	DEERE & CO.	2,000	$251M	0.0%	$81.42	+33.3%	COMMON	244199105
VEIPX	VANGUARD EQUITY-INCOM	7,043	$251M	0.0%	$28779.55	—	MUTUAL	921921102
YUM	YUM BRANDS INC	3,350	$247M	0.0%	$39.31	+64.7%	COMMON	988498101
AVY	AVERY DENNISON CORP	2,500	$246M	0.0%	$66.26	+22.3%	COMMON	053611109
SYY	SYSCO CORP	4,525	$244M	0.0%	$41.82	0.0%	COMMON	871829107
—	EXPRESS SCRIPTS	3,854	$244M	0.0%	$62909.51	—	COMMON	30219G108
WSFS	WSFS FINL CORP	5,000	$244M	0.0%	$36.04	+25.2%	COMMON	929328102
ILMN	ILLUMINA INC	1,215	$242M	0.0%	$157.56	+18.2%	COMMON	452327109
—	BLACKROCK INC	540	$241M	0.0%	$383509.25	—	COMMON	09247X101
—	WELLS FARGO & CO 8 percent P	9,200	$235M	0.0%	$28639.18	—	PREFERR	949746879
TEMWX	TEMPLETON WORLD A	13,056	$227M	0.0%	$17169.85	—	MUTUAL	880196100
ES	EVERSOURCE ENERGY COM	3,742	$226M	0.0%	$36.32	+26.7%	COMMON	30040W108
—	HCP INC	8,074	$225M	0.0%	$45440.06	—	COMMON	40414L109
EMN	EASTMAN CHEMICAL CO	2,460	$223M	0.0%	$60.32	+6.3%	COMMON	277432100
EQT	EQT CORP	3,400	$222M	0.0%	$31.36	0.0%	COMMON	26884L109
PHG	KONINKLIJKE PHILIPS E	5,350	$220M	0.0%	$41200.00	—	COMMON	500472303
—	CONCHO RES INC	1,660	$219M	0.0%	$136496.42	—	COMMON	20605P101
AWK	AMERICAN WTR WKS CO I	2,700	$218M	0.0%	$66.71	+3.5%	COMMON	030420103
BXP	BOSTON PROPERTIES INC	1,700	$209M	0.0%	$79.21	+5.7%	COMMON	101121101
ED	CONSOLIDATED EDISON I	2,581	$208M	0.0%	$61.26	0.0%	COMMON	209115104
—	NUVEEN PA INVT QUAL M	13,714	$186M	0.0%	$13403.64	—	MUTUAL	670972108
WSMAX	WELLS FARGO FDS TR	16,058	$159M	0.0%	$9849.83	—	MUTUAL	94984B751
EIHMX	EATON VANCE NATL MUNS	10,627	$106M	0.0%	$10000.38	—	MUTUAL	27826L249
LDLFX	LORD ABBETT INVT TR S	11,725	$50.18M	0.0%	$4425.63	—	MUTUAL	543916464
KBLB	KRAIG BIOCRAFT LABORA	100,000	$4.78M	0.0%	$0.02	+129.7%	COMMON	50075W104