Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	279,138	$28.35B	3.7%	$33.47	+198.8%	COMMON	594918104
JNJ	JOHNSON & JOHNSON	201,176	$25.96B	3.3%	$62.68	+82.1%	COMMON	478160104
AAPL	APPLE INC	136,624	$21.55B	2.8%	$26.26	+75.2%	COMMON	037833100
BDX	BECTON DICKINSON & CO	92,179	$20.77B	2.7%	$144.69	+43.9%	COMMON	075887109
V	VISA INC	153,408	$20.24B	2.6%	$55.80	+135.5%	COMMON	92826C839
GOOG	ALPHABET CLASS C	16,994	$17.6B	2.3%	$36.26	+46.5%	COMMON	02079K107
ACN	ACCENTURE PLC	120,943	$17.05B	2.2%	$67.41	+111.9%	COMMON	G1151C101
MCD	MCDONALD'S CORP	94,098	$16.71B	2.2%	$73.26	+104.9%	COMMON	580135101
MMM	3M CO.	85,043	$16.2B	2.1%	$68.60	+86.9%	COMMON	88579Y101
XOM	EXXON MOBIL	219,719	$14.98B	1.9%	$53.84	+4.7%	COMMON	30231G102
DLR	DIGITAL REALTY TRUST	132,076	$14.07B	1.8%	$46.19	+86.5%	COMMON	253868103
CCL	CARNIVAL CORP	279,308	$13.77B	1.8%	$30.31	+78.5%	COMMON	143658300
IQV	IQVIA HOLDINGS INC	114,533	$13.31B	1.7%	$101.74	+19.1%	COMMON	46266C105
—	BB&T CORP	300,750	$13.03B	1.7%	$47100.02	—	COMMON	054937107
CVX	CHEVRON CORP	114,994	$12.51B	1.6%	$72.39	+17.1%	COMMON	166764100
VZ	VERIZON COMMUNICATION	221,827	$12.47B	1.6%	$27.19	+42.0%	COMMON	92343V104
DEO	DIAGEO PLC	87,240	$12.37B	1.6%	$115974.58	—	COMMON	25243Q205
FDX	FEDEX CORP	75,846	$12.24B	1.6%	$120.92	+53.7%	COMMON	31428X106
PEP	PEPSICO INC	107,905	$11.92B	1.5%	$56.41	+60.7%	COMMON	713448108
CVS	CVS HEALTH CORP.	181,708	$11.91B	1.5%	$51.22	+16.0%	COMMON	126650100
ORCL	ORACLE SYS CORP	263,260	$11.89B	1.5%	$35.73	+20.8%	COMMON	68389X105
GOOGL	ALPHABET CLASS A	10,901	$11.39B	1.5%	$36.73	+46.0%	COMMON	02079K305
CTSH	COGNIZANT TECHNOLOGY	178,701	$11.34B	1.5%	$40.05	+56.4%	COMMON	192446102
LDOS	LEIDOS HLDGS INC	206,620	$10.89B	1.4%	$46.34	+21.2%	COMMON	525327102
WMT	WAL MART STORES INC	109,368	$10.19B	1.3%	$19.61	+46.7%	COMMON	931142103
KEY	KEYCORP	682,732	$10.09B	1.3%	$7.90	+58.5%	COMMON	493267108
SCHW	SCHWAB CHARLES CORP	233,286	$9.688B	1.2%	$27.39	+49.3%	COMMON	808513105
—	UNITED TECHNOLOGIES C	89,536	$9.534B	1.2%	$96506.95	—	COMMON	913017109
NVS	NOVARTIS ADR	110,379	$9.472B	1.2%	$75581.17	—	COMMON	66987V109
MDT	MEDTRONIC PLC	102,150	$9.292B	1.2%	$62.43	+23.6%	COMMON	G5960L103
—	JACOBS ENGINEERING	156,550	$9.152B	1.2%	$50200.14	—	COMMON	469814107
—	DOWDUPONT INC	164,066	$8.774B	1.1%	$65423.31	—	COMMON	26078J100
IBM	INT'L BUSINESS MACHIN	76,232	$8.665B	1.1%	$108.85	-19.2%	COMMON	459200101
BMY	BRISTOL MYERS SQUIBB	159,848	$8.309B	1.1%	$35.11	+16.7%	COMMON	110122108
PFE	PFIZER INC	189,239	$8.26B	1.1%	$16.47	+82.3%	COMMON	717081103
PG	PROCTER & GAMBLE CO	88,941	$8.175B	1.1%	$55.95	+33.6%	COMMON	742718109
DHR	DANAHER CORP	77,598	$8.002B	1.0%	$37.30	+135.6%	COMMON	235851102
QCOM	QUALCOMM INC	138,272	$7.869B	1.0%	$45.48	+11.8%	COMMON	747525103
JPM	J P MORGAN CHASE & CO	79,736	$7.784B	1.0%	$40.87	+114.2%	COMMON	46625H100
TMO	THERMO FISHER SCIENTI	32,339	$7.237B	0.9%	$125.17	+84.0%	COMMON	883556102
QSR	RESTAURANT BRANDS INT	134,988	$7.06B	0.9%	$59.95	-7.4%	COMMON	76131D103
LEN	LENNAR CORP	172,311	$6.746B	0.9%	$41.15	-9.0%	COMMON	526057104
—	PIONEER NATURAL RES C	49,881	$6.56B	0.8%	$162121.03	—	COMMON	723787107
SYF	SYNCHRONY FINANCIAL	269,225	$6.316B	0.8%	$23.36	-3.2%	COMMON	87165B103
META	FACEBOOK INC CL/A	47,780	$6.263B	0.8%	$66.76	+115.5%	COMMON	30303M102
ENB	ENBRIDGE INC	193,354	$6.009B	0.8%	$24.66	-17.9%	COMMON	29250N105
DIS	DISNEY WALT COMPANY	54,120	$5.934B	0.8%	$90.18	+21.0%	COMMON	254687106
CMCSA	COMCAST CORP NEW CL A	173,398	$5.904B	0.8%	$28.44	+7.0%	COMMON	20030N101
TSM	TAIWAN SEMICONDUCTOR	153,240	$5.656B	0.7%	$19050.84	—	COMMON	874039100
CHKP	CHECK POINT SOFTWARE	52,591	$5.398B	0.7%	$91.28	+20.3%	COMMON	M22465104
T	A T & T INC (NEW)	184,908	$5.277B	0.7%	$11.55	+21.4%	COMMON	00206R102
EPD	ENTERPRISE PRODS PART	213,652	$5.254B	0.7%	$43372.37	—	COMMON	293792107
EMR	EMERSON ELECTRIC CO	87,030	$5.2B	0.7%	$46.68	+22.1%	COMMON	291011104
KO	COCA COLA CO.	109,575	$5.188B	0.7%	$32.55	+17.9%	COMMON	191216100
APD	AIR PRODS & CHEMS INC	32,210	$5.155B	0.7%	$111.62	+19.3%	COMMON	009158106
MCO	MOODYS CORP	34,222	$4.792B	0.6%	$141.79	0.0%	COMMON	615369105
FTV	FORTIVE CORP	70,051	$4.74B	0.6%	$32.49	+40.4%	COMMON	34959J108
HAL	HALLIBURTON CO.	165,390	$4.396B	0.6%	$37.19	-21.7%	COMMON	406216101
INTC	INTEL CORP	92,763	$4.353B	0.6%	$22.91	+75.4%	COMMON	458140100
RJF	RAYMOND JAMES FINANCI	58,125	$4.325B	0.6%	$27.66	+72.2%	COMMON	754730109
CFR	CULLEN FROST BANKERS	49,028	$4.312B	0.6%	$55.14	+42.1%	COMMON	229899109
FBIN	FORTUNE BRANDS HOME &	107,955	$4.101B	0.5%	$40.24	-15.9%	COMMON	34964C106
CL	COLGATE PALMOLIVE CO	65,767	$3.914B	0.5%	$47.59	+11.2%	COMMON	194162103
—	BLACKSTONE GROUP LP	129,725	$3.867B	0.5%	$31565.99	—	COMMON	09253U108
BRK/B	BERKSHIRE HATHAWAY IN	18,563	$3.79B	0.5%	$154.30	+35.4%	COMMON	084670702
MDLZ	MONDELEZ INTL INC	91,414	$3.659B	0.5%	$33.70	+6.2%	COMMON	609207105
RHHBY	ROCHE HLDG LTD ADR	116,384	$3.592B	0.5%	$47923.34	—	COMMON	771195104
—	KELLOGG CO.	62,740	$3.577B	0.5%	$46.23	+0.4%	COMMON	487836108
NKE	NIKE INC CL B	46,758	$3.467B	0.4%	$39.88	+70.9%	COMMON	654106103
MRK	MERCK & COMPANY	44,773	$3.421B	0.4%	$35.15	+60.7%	COMMON	58933Y105
VMLTX	VANGUARD MUN BD FD IN	277,427	$3.013B	0.4%	$10850.00	—	MUTUAL	922907704
CSCO	CISCO SYSTEMS INC	68,763	$2.98B	0.4%	$31.57	+16.9%	COMMON	17275R102
ADP	AUTOMATIC DATA PROCES	22,145	$2.904B	0.4%	$77.33	+56.7%	COMMON	053015103
ABT	ABBOTT LABS	37,401	$2.705B	0.3%	$33.65	+84.7%	COMMON	002824100
LOW	LOWE'S COS INC	29,216	$2.698B	0.3%	$39.75	+112.9%	COMMON	548661107
ABBV	ABBVIE INC	28,351	$2.614B	0.3%	$26.55	+144.1%	COMMON	00287Y109
—	ANADARKO PETROLEUM	57,761	$2.532B	0.3%	$68644.59	—	COMMON	032511107
XRAY	DENTSPLY SIRONA INC	66,849	$2.487B	0.3%	$58.39	-37.7%	COMMON	24906P109
KMB	KIMBERLY CLARK CORP	20,447	$2.33B	0.3%	$63.06	+37.0%	COMMON	494368103
—	METLIFE INC PFD A FLT	109,724	$2.297B	0.3%	$24320.00	—	PREFERR	59156R504
—	LINDE PLC COM	14,479	$2.259B	0.3%	$156039.98	—	COMMON	G5494J103
—	US BANCORP DEL PFD B	120,680	$2.259B	0.3%	$20859.76	—	PREFERR	902973155
—	GOLDMAN SACHS GROUP I	128,600	$2.258B	0.3%	$21649.50	—	PREFERR	38143Y665
CAT	CATERPILLAR INC	17,694	$2.248B	0.3%	$64.47	+72.9%	COMMON	149123101
—	UNILEVER PLC ADR	42,542	$2.223B	0.3%	$40907.09	—	COMMON	904767704
—	GENERAL ELECTRIC CO	290,299	$2.198B	0.3%	$24069.51	—	COMMON	369604103
HD	HOME DEPOT INC	12,696	$2.181B	0.3%	$64.70	+132.4%	COMMON	437076102
WY	WEYERHAEUSER CO	94,004	$2.055B	0.3%	$22.85	-12.0%	COMMON	962166104
—	TEXAS PAC LAND TRUST	3,700	$2.004B	0.3%	$111984.66	—	COMMON	882610108
ITW	ILLINOIS TOOL WORKS I	15,780	$1.999B	0.3%	$49.85	+121.7%	COMMON	452308109
UNP	UNION PACIFIC CORP	14,218	$1.965B	0.3%	$65.96	+91.7%	COMMON	907818108
EXPE	EXPEDIA INC DEL	16,725	$1.884B	0.2%	$118.61	-1.6%	COMMON	30212P303
PPG	PPG INDUSTRIES INC	17,660	$1.805B	0.2%	$77.32	+16.9%	COMMON	693506107
NEE	NEXTERA ENERGY INC	9,779	$1.7B	0.2%	$14.80	+147.7%	COMMON	65339F101
COST	COSTCO WHOLESALE	8,073	$1.645B	0.2%	$90.09	+124.2%	COMMON	22160K105
TXN	TEXAS INSTRUMENTS INC	17,329	$1.638B	0.2%	$34.26	+130.9%	COMMON	882508104
NSC	NORFOLK SOUTHERN CORP	10,846	$1.622B	0.2%	$60.11	+136.8%	COMMON	655844108
STT	STATE STREET CORP	24,675	$1.556B	0.2%	$45.01	+26.2%	COMMON	857477103
NXPI	NXP SEMICONDUCTORS N	21,146	$1.55B	0.2%	$85.00	-17.0%	COMMON	N6596X109
COP	CONOCOPHILLIPS	23,859	$1.488B	0.2%	$41.31	+29.3%	COMMON	20825C104
AMGN	AMGEN INC	7,559	$1.472B	0.2%	$114.37	+37.1%	COMMON	031162100
GLW	CORNING INC	47,548	$1.436B	0.2%	$11.04	+137.0%	COMMON	219350105
PM	PHILIP MORRIS INTL IN	19,600	$1.308B	0.2%	$59.35	-3.5%	COMMON	718172109
AMZN	AMAZON COM INC	857	$1.287B	0.2%	$39.46	+110.7%	COMMON	023135106
GIS	GENERAL MILLS INC	31,800	$1.238B	0.2%	$32.10	+2.7%	COMMON	370334104
AXP	AMERICAN EXPRESS CO.	12,650	$1.206B	0.2%	$60.98	+55.8%	COMMON	025816109
HON	HONEYWELL INTL INC	8,305	$1.097B	0.1%	$79.56	+47.9%	COMMON	438516106
BRO	BROWN & BROWN INC COM	37,550	$1.035B	0.1%	$26.83	0.0%	COMMON	115236101
HSY	HERSHEY FOODS CORP	9,600	$1.029B	0.1%	$65.74	+36.9%	COMMON	427866108
PSX	PHILLIPS 66	11,644	$1.003B	0.1%	$41.72	+75.6%	COMMON	718546104
SLB	SCHLUMBERGER LTD	27,628	$997M	0.1%	$53.72	-25.2%	COMMON	806857108
WFC	WELLS FARGO & CO	20,358	$938M	0.1%	$29.12	+44.3%	COMMON	949746101
TOL	TOLL BROTHERS INC	27,946	$920M	0.1%	$31.29	+2.7%	COMMON	889478103
—	1/100 BERKSHIRE HTWY	300	$918M	0.1%	$2441210.00	—	COMMON	084990175
IVZ	INVESCO LTD	54,813	$918M	0.1%	$20.54	-30.9%	COMMON	G491BT108
BAX	BAXTER INTERNATIONAL	13,889	$914M	0.1%	$39.74	+48.3%	COMMON	071813109
CCI	CROWN CASTLE INTL COR	8,325	$904M	0.1%	$81.01	0.0%	COMMON	22822V101
MO	ALTRIA GROUP INC	18,074	$893M	0.1%	$28.37	+16.8%	COMMON	02209S103
IVV	ISHARES TR S&P 500 IN	3,439	$865M	0.1%	$284992.53	—	MUTUAL	464287200
—	GLAXOSMITHKLINE PLC	21,669	$828M	0.1%	$47633.51	—	COMMON	37733W105
ADBE	ADOBE SYS INC	3,640	$824M	0.1%	$88.56	+172.6%	COMMON	00724F101
ECL	ECOLAB INC	5,465	$805M	0.1%	$74.01	+91.2%	COMMON	278865100
—	L3 TECHNOLOGIES INC	4,550	$790M	0.1%	$165290.10	—	COMMON	502413107
BP	BP PLC ADR	20,489	$777M	0.1%	$37380.14	—	COMMON	055622104
D	DOMINION RES INC VA	10,721	$766M	0.1%	$36.24	+46.9%	COMMON	25746U109
NVDA	NVIDIA CORP	5,575	$744M	0.1%	$0.74	+544.7%	COMMON	67066G104
—	MAGELLAN MIDSTREAM PA	13,000	$742M	0.1%	$56143.25	—	COMMON	559080106
—	AQUA AMERICA INC	21,437	$733M	0.1%	$30248.27	—	COMMON	03836W103
—	TE CONNECTIVITY LTD	9,555	$723M	0.1%	$87874.25	—	COMMON	H84989104
VISN	COMMSCOPE HLDG CO INC	42,300	$693M	0.1%	$38.50	-44.9%	COMMON	20337X109
—	ROYAL DUTCH SHELL PLC	11,116	$648M	0.1%	$62477.85	—	COMMON	780259206
BA	BOEING CO.	1,901	$613M	0.1%	$135.00	+148.1%	COMMON	097023105
PNC	PNC FINANCIAL CORP	5,077	$594M	0.1%	$78.30	+26.4%	COMMON	693475105
FMC	F M C CORP COM NEW	8,000	$592M	0.1%	$65.31	-12.1%	COMMON	302491303
CPB	CAMPBELL SOUP CO	17,600	$581M	0.1%	$30.86	-3.3%	COMMON	134429109
—	GOLDMAN SACHS GROUP I	32,650	$571M	0.1%	$22110.01	—	PREFERR	38144G804
—	XILINX INC	6,555	$558M	0.1%	$39610.00	—	COMMON	983919101
CMA	COMERICA INC	8,010	$550M	0.1%	$34.86	+62.1%	COMMON	200340107
GS	GOLDMAN SACHS GROUP I	3,287	$549M	0.1%	$191.01	-10.5%	COMMON	38141G104
TSCO	TRACTOR SUPPLY CO	6,350	$530M	0.1%	$9.90	+62.2%	COMMON	892356106
—	NUVEEN TAX FREE ADV M	41,744	$514M	0.1%	$14370.50	—	MUTUAL	670657105
WHR	WHIRLPOOL CORP	4,645	$496M	0.1%	$149.14	-23.9%	COMMON	963320106
SPG	SIMON PPTY GROUP INC	2,945	$495M	0.1%	$91.80	+31.7%	COMMON	828806109
—	RAYTHEON CO NEW	3,159	$484M	0.1%	$115494.82	—	COMMON	755111507
—	UNILEVER N V	8,800	$473M	0.1%	$41649.13	—	COMMON	904784709
VWENX	VANGUARD/WELLINGTON F	6,634	$425M	0.1%	$65799.73	—	MUTUAL	921935201
VPMAX	VANGUARD/PRIMECAP FD	3,315	$401M	0.1%	$90225.04	—	MUTUAL	921936209
VGHAX	VANGUARD SPECIALIZED	4,726	$380M	0.0%	$74756.56	—	MUTUAL	921908885
—	GENESEE & WYO INC CL	5,110	$378M	0.0%	$82723.65	—	COMMON	371559105
ILMN	ILLUMINA INC	1,224	$367M	0.0%	$160.55	+93.0%	COMMON	452327109
ICE	INTERCONTINENTALEXCHA	4,750	$358M	0.0%	$48.25	+44.8%	COMMON	45866F104
PEG	PUBLIC SVC ENTERPRISE	6,850	$357M	0.0%	$24.71	+71.1%	COMMON	744573106
OKE	ONEOK INC NEW	6,545	$353M	0.0%	$25.01	+57.1%	COMMON	682680103
DUK	DUKE ENERGY CORPORATI	4,072	$351M	0.0%	$43.08	+48.3%	COMMON	26441C204
KMI	KINDER MORGAN INC	22,433	$345M	0.0%	$18.92	-40.8%	COMMON	49456B101
MRSH	MARSH & MCLENNAN COS	4,000	$319M	0.0%	$46.40	+60.5%	COMMON	571748102
WEC	WEC ENERGY GROUP INC	4,500	$312M	0.0%	$35.53	+57.6%	COMMON	92939U106
YUM	YUM BRANDS INC	3,386	$311M	0.0%	$41.01	+91.2%	COMMON	988498101
—	VANGUARD MORGAN GROWT	11,965	$311M	0.0%	$25944.12	—	MUTUAL	921928107
BRK/A	BERKSHIRE HATHAWAY IN	1	$306M	0.0%	$230816.08	+35.6%	COMMON	084670108
NSRGY	NESTLE S A REG ADR	3,750	$304M	0.0%	$67321.73	—	COMMON	641069406
DE	DEERE & CO.	2,000	$298M	0.0%	$81.86	+61.0%	COMMON	244199105
—	BRYN MAWR BANK CORP	8,569	$295M	0.0%	$25617.79	—	COMMON	117665109
JCI	JOHNSON CONTROLS INTL	9,855	$292M	0.0%	$33.21	-15.0%	COMMON	G51502105
KHC	KRAFT HEINZ COMPANY	6,605	$284M	0.0%	$51.39	-28.7%	COMMON	500754106
—	ALLETE INC NEW	3,699	$282M	0.0%	$64959.95	—	COMMON	018522300
MKC/V	MCCORMICK & CO INC CO	2,000	$278M	0.0%	$45.39	+37.8%	COMMON	579780107
VWIAX	VANGUARD/WELLESLEY IN	4,573	$271M	0.0%	$59697.77	—	MUTUAL	921938205
VWUAX	VANGUARD WORLD FD US	3,044	$265M	0.0%	$93922.88	—	MUTUAL	921910600
PPL	PPL CORP	9,206	$261M	0.0%	$18.43	+20.8%	COMMON	69351T106
ES	EVERSOURCE ENERGY COM	4,002	$260M	0.0%	$38.10	+32.9%	COMMON	30040W108
—	VERSUM MATERIALS INC	9,075	$252M	0.0%	$28070.02	—	COMMON	92532W103
MDB	MONGODB INC CL A	3,000	$251M	0.0%	$44.87	+71.4%	COMMON	60937P106
UPS	UNITED PARCEL SVC INC	2,528	$247M	0.0%	$67.29	+22.0%	COMMON	911312106
AWK	AMERICAN WTR WKS CO I	2,700	$245M	0.0%	$66.71	+19.7%	COMMON	030420103
FULT	FULTON FINL CORP PA	15,785	$244M	0.0%	$13.13	-8.3%	COMMON	360271100
SEE	SEALED AIR CORP	6,886	$240M	0.0%	$23.22	+31.8%	COMMON	81211K100
CHD	CHURCH & DWIGHT CO.	3,600	$237M	0.0%	$51.78	+12.3%	COMMON	171340102
FANG	DIAMONDBACK ENERGY IN	2,421	$224M	0.0%	$87.23	-0.7%	COMMON	25278X109
DODBX	DODGE & COX BALANCED	2,373	$221M	0.0%	$99536.45	—	MUTUAL	256201104
CB	CHUBB LIMITED	1,694	$219M	0.0%	$116.44	-1.7%	COMMON	H1467J104
ED	CONSOLIDATED EDISON I	2,781	$213M	0.0%	$61.67	-1.9%	COMMON	209115104
—	CELGENE CORP	3,264	$209M	0.0%	$97334.34	—	COMMON	151020104
LMT	LOCKHEED MARTIN CORP	796	$208M	0.0%	$250.05	0.0%	COMMON	539830109
PHG	KONINKLIJKE PHILIPS E	5,798	$204M	0.0%	$42269.92	—	COMMON	500472303
—	BLACKROCK INC	515	$202M	0.0%	$387619.88	—	COMMON	09247X101
VEIPX	VANGUARD EQUITY-INCOM	6,342	$201M	0.0%	$28779.55	—	MUTUAL	921921102
NJR	NEW JERSEY RES	4,400	$201M	0.0%	$32.36	+13.1%	COMMON	646025106
UVSP	UNIVEST CORP PA	9,282	$200M	0.0%	$27.83	-12.6%	COMMON	915271100
—	NUVEEN PA INVT QUAL M	11,806	$144M	0.0%	$13403.64	—	MUTUAL	670972108
EIHMX	EATON VANCE NATL MUNS	11,046	$107M	0.0%	$10000.38	—	MUTUAL	27826L249
—	TEMPLETON GLOBAL INCO	14,926	$90M	0.0%	$6030.01	—	COMMON	880198106
LDLFX	LORD ABBETT INVT TR S	12,307	$50.95M	0.0%	$4420.56	—	MUTUAL	543916464
CLNE	CLEAN ENERGY FUELS CO	11,975	$20.6M	0.0%	$2.21	+0.2%	COMMON	184499101
—	TETRAPHASE PHARMACEUT	15,000	$16.95M	0.0%	$1130.00	—	COMMON	88165N105
KBLB	KRAIG BIOCRAFT LABORA	100,000	$4.9M	0.0%	$0.02	+126.4%	COMMON	50075W104
—	ATLAS BLOCKCHAIN GROU	10,869	$0	0.0%	$110.31	—	COMMON	04920D100