Instuitional Investor - National Penn Investors Trust Co

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	502,663	$27,762,000	3.23%
2.	Apple Inc	AAPL	917,760	$25,006,000	2.91%
3.	Johnson & Johnson	JNJ	195,724	$21,178,000	2.46%
4.	Tjx Companies Inc	TJX	526,888	$20,641,000	2.4%
5.	Cisco Systems Inc.	CSCO	704,638	$20,062,000	2.33%