Smith Chas P & Associates Pa Cpas 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3m Company	COM	88579Y101	304	1,849	SH		SOLE		16	16	1,817
AT&T Corp New	COM	00206R102	12,572	374,291	SH		SOLE		0	0	374,291
AbbVie Inc	COM	00287Y109	9,280	141,809	SH		SOLE		30	30	141,749
Abbott Laboratories	COM	002824100	4,624	102,707	SH		SOLE		30	30	102,647
Alps Etf Tr Alerian Mlp	COM	00162Q866	198	11,315	SH		SOLE		0	0	11,315
Altria Group Inc	COM	02209S103	5,880	119,339	SH		SOLE		0	0	119,339
American Elec Pwr Inc	COM	025537101	283	4,660	SH		SOLE		0	0	4,660
Amerigas Partners L P Unit L P	COM	030975106	808	16,855	SH		SOLE		0	0	16,855
Amgen Inc	COM	031162100	279	1,751	SH		SOLE		0	0	1,751
Apple Inc.	COM	037833100	24,539	222,315	SH		SOLE		49	49	222,217
Bank Of America Corp New	COM	060505104	317	17,738	SH		SOLE		0	0	17,738
Berkshire Hathaway Inc Del Cl	COM	084670108	2,486	11	SH		SOLE		0	0	11
Berkshire Hathaway Inc Del Cl	COM	084670702	22,205	147,884	SH		SOLE		23	23	147,838
Bristol Myers Squibb	COM	110122108	686	11,624	SH		SOLE		0	0	11,624
Central Garden&pet Co Cl A Non	COM	153527205	420	43,982	SH		SOLE		0	0	43,982
Chevron Corporation	COM	166764100	15,244	135,889	SH		SOLE		0	0	135,889
Cincinnati Financial Corp Com	COM	172062101	360	6,938	SH		SOLE		0	0	6,938
Cisco Sys Inc	COM	17275R102	15,598	560,768	SH		SOLE		0	0	560,768
Coca-Cola	COM	191216100	15,523	367,660	SH		SOLE		0	0	367,660
Colgate Palmolive	COM	194162103	8,353	120,719	SH		SOLE		0	0	120,719
Direxion Daily Financial Bull	COM	25459Y694	1,201	9,443	SH		SOLE		0	0	9,443
Direxion Shs Etf Tr Dly Emrgmk	COM	25459Y686	635	27,681	SH		SOLE		0	0	27,681
Direxion Shs Etf Tr Dly Enrgy	COM	25459W888	391	6,469	SH		SOLE		0	0	6,469
Direxion Shs Etf Tr Dly Midcap	COM	25459W730	433	4,415	SH		SOLE		0	0	4,415
Direxion Shs Etf Tr Dly R/E Bu	COM	25459W755	1,253	15,890	SH		SOLE		0	0	15,890
Direxion Shs Etf Tr Dly Smcap	COM	25459W847	829	10,240	SH		SOLE		0	0	10,240
Direxion Shs Etf Tr Dly Tech B	COM	25459W102	1,144	8,215	SH		SOLE		0	0	8,215
Direxion Shs Etf Tr Drx S&P 50	COM	25459W862	2,002	22,817	SH		SOLE		0	0	22,817
Direxion Shs Etf Tr Healthcare	COM	25459Y876	1,040	8,362	SH		SOLE		0	0	8,362
Dominion Resource Inc.	COM	25746U109	274	3,565	SH		SOLE		0	0	3,565
Donnelley R R & Sons Com	COM	257867101	281	16,710	SH		SOLE		0	0	16,710
Duke Energy Corp	COM	26441C204	544	6,513	SH		SOLE		0	0	6,513
E I du Pont de Nemours and Com	COM	263534109	316	4,268	SH		SOLE		0	0	4,268
Energy Transfer Prtnrs Unit Lt	COM	29273R109	1,295	19,923	SH		SOLE		0	0	19,923
Exact Sciences Corp Com	COM	30063P105	568	20,683	SH		SOLE		0	0	20,683
Exxon Mobil Corporation	COM	30231G102	21,713	234,862	SH		SOLE		0	0	234,862
Frontier Communication Com	COM	35906A108	83	12,508	SH		SOLE		0	0	12,508
General Electric Co	COM	369604103	21,813	863,185	SH		SOLE		95	95	862,995
Gilead Sciences Inc Com	COM	375558103	15,110	160,304	SH		SOLE		0	0	160,304
Google Inc Cl A	COM	38259P508	4,002	7,541	SH		SOLE		0	0	7,541
Google Inc Cl C	COM	38259P706	10,232	19,437	SH		SOLE		0	0	19,437
Home Depot	COM	437076102	7,681	73,177	SH		SOLE		47	47	73,083
IR 4C Inc. Class	COM	45000Z107	50	50,000	SH		SOLE		0	0	50,000
Intel	COM	458140100	13,709	377,771	SH		SOLE		0	0	377,771
International Business Machine	COM	459200101	284	1,769	SH		SOLE		0	0	1,769
Intl Meta Sys Inc	COM	45986B108	0	10,000	SH		SOLE		0	0	10,000
Ishares Inc Em Mkt Min Vol	COM	464286533	545	9,620	SH		SOLE		0	0	9,620
Ishares Tr Dj Intl Sel Divd	COM	464288448	10,888	323,194	SH		SOLE		0	0	323,194
Ishares Tr Dj Sel Div Inx	COM	464287168	815	10,269	SH		SOLE		0	0	10,269
Ishares Tr Dj Us Finl Svc	COM	464287770	21,882	238,289	SH		SOLE		0	0	238,289
Ishares Tr Hgh Div Eqt Fd	COM	46429B663	792	10,354	SH		SOLE		0	0	10,354
Ishares Tr Russell 2000	COM	464287655	781	6,532	SH		SOLE		0	0	6,532
Ishares Tr Russell Midcap	COM	464287499	276	1,650	SH		SOLE		0	0	1,650
Ishares Tr S&P 500 Index	COM	464287200	20,215	97,717	SH		SOLE		0	0	97,717
Ishares Tr S&P 500/Bar Value	COM	464287408	238	2,538	SH		SOLE		0	0	2,538
Ishares Tr S&P Gbl Energy	COM	464287341	6,546	176,004	SH		SOLE		133	133	175,738
Ishares Tr S&P Midcap Value	COM	464287705	12,645	98,922	SH		SOLE		20	20	98,882
Ishares Tr S&P Smlcp Grow	COM	464287887	666	5,439	SH		SOLE		0	0	5,439
Ishares Tr S&P Smlcp Value	COM	464287879	2,894	24,536	SH		SOLE		0	0	24,536
Ishares Tr Small Growth Index	COM	464288604	1,807	13,375	SH		SOLE		18	18	13,339
J P Morgan Chase & Co	COM	46625H100	14,519	232,008	SH		SOLE		48	48	231,912
Johnson & Johnson	COM	478160104	15,947	152,504	SH		SOLE		0	0	152,504
Kinder Morgan Inc Delaware Com	COM	49456B101	21,728	513,535	SH		SOLE		0	0	513,535
Lockheed Martin Corp Com	COM	539830109	214	1,110	SH		SOLE		0	0	1,110
Lorillard Inc Com	COM	544147101	16,053	255,053	SH		SOLE		0	0	255,053
Lowes Cos Inc Com	COM	548661107	707	10,283	SH		SOLE		0	0	10,283
McDonalds	COM	580135101	9,041	96,491	SH		SOLE		0	0	96,491
Merck & Co. Inc.	COM	58933Y105	14,468	254,764	SH		SOLE		45	45	254,674
Microsoft	COM	594918104	4,821	103,785	SH		SOLE		0	0	103,785
Netlist Corp Com	COM	64114J107	0	25,000	SH		SOLE		0	0	25,000
NextEra Energy, Inc.	COM	65339F101	588	5,531	SH		SOLE		0	0	5,531
North European Oil Royalty Tru	COM	659310106	138	11,377	SH		SOLE		0	0	11,377
Oracle Corp Com	COM	68389X105	6,159	136,947	SH		SOLE		0	0	136,947
Orthopedic Design North Americ	COM	68750Z101	205	41,000	SH		SOLE		0	0	41,000
Paychex Inc Com	COM	704326107	704	15,258	SH		SOLE		0	0	15,258
Pepsico, Inc.	COM	713448108	14,144	149,572	SH		SOLE		66	66	149,440
Pfizer	COM	717081103	17,848	572,957	SH		SOLE		100	100	572,757
Philip Morris Intl Inc Com	COM	718172109	13,795	169,366	SH		SOLE		0	0	169,366
Powershares QQQ Tr Unit Series	COM	73935A104	8,681	84,081	SH		SOLE		28	28	84,025
Proctor & Gamble	COM	742718109	14,905	163,633	SH		SOLE		0	0	163,633
Proshares Tr Ultra S&P 500	COM	74347R107	1,005	7,833	SH		SOLE		0	0	7,833
Prospect Capital Corp Com	COM	74348T102	298	36,080	SH		SOLE		0	0	36,080
Reynolds American Inc Com	COM	761713106	215	3,350	SH		SOLE		0	0	3,350
Sempra Energy Com	COM	816851109	413	3,707	SH		SOLE		0	0	3,707
Southern Co Com	COM	842587107	515	10,479	SH		SOLE		0	0	10,479
Spectra Energy Corp	COM	847560109	247	6,805	SH		SOLE		0	0	6,805
Spyder S & P 500 Depository	COM	78462F103	288	1,403	SH		SOLE		0	0	1,403
Suburban Propane L P Unit Ltd	COM	864482104	585	13,540	SH		SOLE		0	0	13,540
Teva Pharmaceutical Inds Ltd A	COM	881624209	9,677	168,259	SH		SOLE		0	0	168,259
Verizon Communications Inc.	COM	92343V104	12,968	277,216	SH		SOLE		45	45	277,126
Wal-Mart Stores Inc	COM	931142103	2,785	32,429	SH		SOLE		0	0	32,429
Walgreens Boots Alliance, Inc.	COM	931427108	2,035	26,701	SH		SOLE		0	0	26,701
Walt Disney Co	COM	254687106	284	3,013	SH		SOLE		0	0	3,013
Wells Fargo & Co Del Com	COM	949746101	17,972	327,834	SH		SOLE		67	67	327,700
Whitestone Reit Cl B Sbi	COM	966084204	268	17,735	SH		SOLE		0	0	17,735