DREXEL MORGAN & CO. Information

3 RADNOR CORPORATE CENTER, RADNOR, Pennsylvania, 19087-4546, (610) 293-7200

Report Date: 03/31/2014

Position Statistics

Total Positions 83
New Positions 5
Increased Positions 34
Decreased Positions 4
Positions with Activity 38
Sold Out Positions 0
Total Mkt Value (in $ millions) 82

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 2.12%
Capital Goods 4.7%
Conglomerates
Consumer Cyclical 0.27%
Consumer/Non-Cyclical 8.37%
Energy 7.46%
Financial 48.84%
Healthcare 10.01%
Services 7.85%
Technology 9.89%
Transportation 0.49%
Utilities

83 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VANGUARD SPECIALIZED PORTFOLIO DIV APP ETF 8,124 893 12.35 105,589
ISHARES TR USA MIN VOL ETF 5,088 704 16.06 136,290
ISHARES TR RUS 1000 VAL ETF 3,818 480 14.37 37,800
WASHINGTON TR BANCORP COM 3,166 New 91,000
ISHARES TR RUS 1000 GRW ETF 2,854 366 14.72 31,322
APPLE INC COM 2,655 19 .73 27,055
VANGUARD BD INDEX FD INC TOTAL BND MRKT 2,385 245 11.44 29,113
SPDR S&P 500 ETF TR TR UNIT 2,340 New 11,877
JOHNSON & JOHNSON COM 2,281 New 22,302
EXXON MOBIL CORP COM 2,245 26 1.16 21,742
PROCTER & GAMBLE CO COM 1,799 9 .52 23,016
AT&T INC COM 1,607 3 .18 44,191
SPDR SERIES TRUST S&P DIVID ETF 1,571 -39 (2.43) 20,883
SCHLUMBERGER LTD COM 1,570 7 .42 14,235
DISNEY WALT CO COM DISNEY 1,410 7 .50 16,173
INTERNATIONAL BUSINESS MACHS COM 1,350 New 6,957
ISHARES TR EAFE MIN VOL ETF 1,311 314 31.48 19,985
COLGATE PALMOLIVE CO COM 1,252 New 18,944
ISHARES MSCI CDA ETF 1,210 New 37,110
EMERSON ELEC CO COM 1,199 New 18,393