West Chester Capital Advisors 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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
AT&T INC	COM	00206R102	645	18,389	SH		SOLE		18,389	0	0
AT&T INC	COM	00206R102	57	1,639	SH		OTR		1,639	0	0
ABBVIE INC	COM	00287Y109	221	4,300	SH		SOLE		2,700	0	1,600
AIR PRODS & CHEMS INC	COM	009158106	357	3,000	SH		SOLE		3,000	0	0
ALTRIA GROUP INC	COM	02209S103	1,708	45,631	SH		SOLE		45,623	0	8
ALTRIA GROUP INC	COM	02209S103	104	2,775	SH		OTR		2,599	32	144
AMAZON COM INC	COM	023135106	777	2,311	SH		SOLE		2,310	0	1
AMAZON COM INC	COM	023135106	99	293	SH		OTR		275	0	18
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	241	12,100	SH		SOLE		9,600	0	2,500
AMERISERV FINL INC	COM	03074A102	2,059	534,718	SH		SOLE		534,718	0	0
AMERISERV FINL INC	COM	03074A102	15	3,916	SH		OTR		3,916	0	0
ANNALY CAP MGMT INC	COM	035710409	145	13,208	SH		SOLE		13,198	0	10
ANNALY CAP MGMT INC	COM	035710409	9	784	SH		OTR		556	0	228
APPLE INC	COM	037833100	2,253	4,197	SH		SOLE		4,196	0	1
APPLE INC	COM	037833100	282	526	SH		OTR		520	0	6
AUTOMATIC DATA PROCESSING IN	COM	053015103	444	5,750	SH		SOLE		4,800	0	950
BANK OF AMERICA CORPORATION	COM	060505104	743	43,193	SH		SOLE		33,290	0	9,903
BANK OF AMERICA CORPORATION	COM	060505104	27	1,550	SH		OTR		1,550	0	0
BARD C R INC	COM	067383109	371	2,505	SH		SOLE		2,505	0	0
BARD C R INC	COM	067383109	79	531	SH		OTR		531	0	0
BAXTER INTL INC	COM	071813109	533	7,250	SH		SOLE		5,000	0	2,250
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	375	2	SH		SOLE		2	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	625	4,999	SH		SOLE		2,899	0	2,100
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	162	1,299	SH		OTR		1,299	0	0
BOEING CO	COM	097023105	841	6,700	SH		SOLE		5,100	0	1,600
BRISTOL MYERS SQUIBB CO	COM	110122108	1,133	21,797	SH		SOLE		20,300	0	1,497
BRISTOL MYERS SQUIBB CO	COM	110122108	64	1,234	SH		OTR		1,234	0	0
CBRE CLARION GLOBAL REAL EST	COM	12504G100	98	11,700	SH		SOLE		0	0	11,700
CSX CORP	COM	126408103	430	14,860	SH		SOLE		14,860	0	0
CSX CORP	COM	126408103	36	1,238	SH		OTR		1,238	0	0
CALAMOS CONV OPP AND INC FD	SH BEN INT	128117108	1,731	125,309	SH		SOLE		125,309	0	0
CALAMOS CONV OPP AND INC FD	SH BEN INT	128117108	94	6,780	SH		OTR		6,780	0	0
CATERPILLAR INC DEL	COM	149123101	914	9,200	SH		SOLE		7,100	0	2,100
CELGENE CORP	COM	151020104	173	1,236	SH		SOLE		1,236	0	0
CELGENE CORP	COM	151020104	44	315	SH		OTR		315	0	0
CHEVRON CORP NEW	COM	166764100	262	2,200	SH		SOLE		2,000	0	200
CISCO SYS INC	COM	17275R102	282	12,600	SH		SOLE		6,900	0	5,700
CLOROX CO DEL	COM	189054109	369	4,192	SH		SOLE		4,192	0	0
CLOROX CO DEL	COM	189054109	46	527	SH		OTR		527	0	0
COLGATE PALMOLIVE CO	COM	194162103	441	6,800	SH		SOLE		4,800	0	2,000
DANAHER CORP DEL	COM	235851102	766	10,218	SH		SOLE		10,218	0	0
DANAHER CORP DEL	COM	235851102	96	1,282	SH		OTR		1,282	0	0
DIRECTV	COM	25490A309	273	3,573	SH		SOLE		3,573	0	0
DIRECTV	COM	25490A309	32	423	SH		OTR		423	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	984	14,666	SH		SOLE		14,666	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	77	1,141	SH		OTR		1,141	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	345	4,844	SH		SOLE		4,844	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	14	200	SH		OTR		200	0	0
EGA EMERGING GLOBAL SHS TR	EGS EMKTCONS ETF	268461779	223	8,400	SH		SOLE		5,000	0	3,400
EXELON CORP	COM	30161N101	246	7,320	SH		SOLE		7,309	0	11
EXELON CORP	COM	30161N101	11	316	SH		OTR		238	0	78
EXXON MOBIL CORP	COM	30231G102	1,985	20,316	SH		SOLE		17,994	0	2,322
EXXON MOBIL CORP	COM	30231G102	88	905	SH		OTR		905	0	0
FNB CORP PA	COM	302520101	435	32,486	SH		SOLE		32,486	0	0
FIFTH THIRD BANCORP	COM	316773100	233	10,166	SH		SOLE		10,166	0	0
FIFTH THIRD BANCORP	COM	316773100	30	1,300	SH		OTR		1,300	0	0
FIRST COMWLTH FINL CORP PA	COM	319829107	94	10,440	SH		SOLE		10,440	0	0
FISERV INC	COM	337738108	873	15,400	SH		SOLE		8,200	0	7,200
FOOT LOCKER INC	COM	344849104	940	20,000	SH		SOLE		16,000	0	4,000
FRANKLIN RES INC	COM	354613101	910	16,800	SH		SOLE		9,000	0	7,800
FREEPORT-MCMORAN COPPER & GO	COM	35671D857	374	11,300	SH		SOLE		10,000	0	1,300
FRESENIUS MED CARE AG&CO KGA	SPONSORED ADR	358029106	258	7,389	SH		SOLE		7,389	0	0
GABELLI EQUITY TR INC	COM	362397101	770	99,419	SH		SOLE		99,419	0	0
GABELLI EQUITY TR INC	COM	362397101	23	3,000	SH		OTR		3,000	0	0
GABELLI UTIL TR	COM	36240A101	184	27,211	SH		SOLE		27,211	0	0
GENERAL ELECTRIC CO	COM	369604103	881	34,042	SH		SOLE		29,742	0	4,300
GENERAL ELECTRIC CO	COM	369604103	89	3,430	SH		OTR		3,430	0	0
GENERAL MLS INC	COM	370334104	554	10,690	SH		SOLE		10,684	0	6
GENERAL MLS INC	COM	370334104	60	1,161	SH		OTR		1,053	0	108
GILEAD SCIENCES INC	COM	375558103	483	6,814	SH		SOLE		6,808	0	6
GILEAD SCIENCES INC	COM	375558103	73	1,027	SH		OTR		977	0	50
GLADSTONE LD CORP	COM	376549101	228	16,100	SH		SOLE		8,500	0	7,600
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	732	13,706	SH		SOLE		13,706	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	63	1,177	SH		OTR		1,177	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	762	4,650	SH		SOLE		3,000	0	1,650
GOOGLE INC	CL A	38259P508	265	238	SH		SOLE		238	0	0
GOOGLE INC	CL A	38259P508	76	68	SH		OTR		68	0	0
HALLIBURTON CO	COM	406216101	611	10,380	SH		SOLE		10,380	0	0
HALLIBURTON CO	COM	406216101	76	1,296	SH		OTR		1,296	0	0
HOME DEPOT INC	COM	437076102	268	3,386	SH		SOLE		500	0	2,886
HONEYWELL INTL INC	COM	438516106	847	9,131	SH		SOLE		6,200	0	2,931
HUDSON TECHNOLOGIES INC	COM	444144109	56	20,000	SH		SOLE		20,000	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	186	18,704	SH		SOLE		18,704	0	0
ILLINOIS TOOL WKS INC	COM	452308109	483	5,940	SH		SOLE		4,500	0	1,440
INDEXIQ ETF TR	GLB AGRI SM CP	45409B834	560	21,150	SH		SOLE		12,000	0	9,150
INTEL CORP	COM	458140100	361	14,001	SH		SOLE		9,200	0	4,801
INTERCONTINENTALEXCHANGE GRO	COM	45866F104	691	3,493	SH		SOLE		2,300	0	1,193
ISHARES	MSCI MALAYSI ETF	464286830	366	23,400	SH		SOLE		12,000	0	11,400
ISHARES	CHINA LG-CAP ETF	464287184	237	6,625	SH		SOLE		4,200	0	2,425
ISHARES	MSCI EMG MKT ETF	464287234	288	7,015	SH		SOLE		2,000	0	5,015
ISHARES	GLOBAL TECH ETF	464287291	678	8,020	SH		SOLE		6,000	0	2,020
ISHARES	MSCI EAFE ETF	464287465	579	8,609	SH		SOLE		8,609	0	0
ISHARES	MSCI EAFE ETF	464287465	148	2,200	SH		OTR		2,200	0	0
ISHARES	IBOXX HI YD ETF	464288513	1,077	11,411	SH		SOLE		11,411	0	0
JPMORGAN CHASE & CO	COM	46625H100	707	11,650	SH		SOLE		6,700	0	4,950
JOHNSON & JOHNSON	COM	478160104	2,063	21,004	SH		SOLE		18,020	0	2,984
JOHNSON & JOHNSON	COM	478160104	125	1,273	SH		OTR		1,243	0	30
KIMBERLY CLARK CORP	COM	494368103	287	2,599	SH		SOLE		2,599	0	0
KIMBERLY CLARK CORP	COM	494368103	38	344	SH		OTR		344	0	0
LILLY ELI & CO	COM	532457108	818	13,893	SH		SOLE		13,893	0	0
LILLY ELI & CO	COM	532457108	32	552	SH		OTR		552	0	0
MARKET VECTORS ETF TR	AGRIBUS ETF	57060U605	277	5,100	SH		SOLE		3,500	0	1,600
MARKET VECTORS ETF TR	INDONESIA ETF	57060U753	437	17,375	SH		SOLE		10,000	0	7,375
MASTERCARD INC	CL A	57636Q104	1,114	14,910	SH		SOLE		14,910	0	0
MASTERCARD INC	CL A	57636Q104	64	860	SH		OTR		860	0	0
MCDONALDS CORP	COM	580135101	714	7,285	SH		SOLE		7,285	0	0
MCDONALDS CORP	COM	580135101	107	1,096	SH		OTR		1,096	0	0
MERCK & CO INC NEW	COM	58933Y105	345	6,072	SH		SOLE		6,072	0	0
MERCK & CO INC NEW	COM	58933Y105	32	559	SH		OTR		559	0	0
MICROSOFT CORP	COM	594918104	981	23,931	SH		SOLE		18,231	0	5,700
MICROSOFT CORP	COM	594918104	41	990	SH		OTR		990	0	0
MONDELEZ INTL INC	CL A	609207105	373	10,800	SH		SOLE		10,000	0	800
MORGAN STANLEY	COM NEW	617446448	690	22,135	SH		SOLE		22,135	0	0
MORGAN STANLEY	COM NEW	617446448	73	2,326	SH		OTR		2,326	0	0
NEW YORK MTG TR INC	COM PAR $.02	649604501	269	34,520	SH		SOLE		34,520	0	0
PPG INDS INC	COM	693506107	219	1,133	SH		SOLE		100	0	1,033
PEPSICO INC	COM	713448108	674	8,071	SH		SOLE		8,071	0	0
PEPSICO INC	COM	713448108	105	1,261	SH		OTR		1,261	0	0
PHILIP MORRIS INTL INC	COM	718172109	1,092	13,339	SH		SOLE		13,339	0	0
PHILIP MORRIS INTL INC	COM	718172109	103	1,264	SH		OTR		1,257	7	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	284	3,240	SH		SOLE		3,240	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	9	100	SH		OTR		100	0	0
PRICE T ROWE GROUP INC	COM	74144T108	964	11,708	SH		SOLE		6,000	0	5,708
PRICELINE COM INC	COM NEW	741503403	268	225	SH		SOLE		225	0	0
PRICELINE COM INC	COM NEW	741503403	50	42	SH		OTR		42	0	0
PROCTER & GAMBLE CO	COM	742718109	773	9,591	SH		SOLE		7,587	0	2,004
PROCTER & GAMBLE CO	COM	742718109	57	702	SH		OTR		702	0	0
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	304	4,500	SH		SOLE		4,500	0	0
RALPH LAUREN CORP	CL A	751212101	241	1,499	SH		SOLE		300	0	1,199
SEI INVESTMENTS CO	COM	784117103	994	29,566	SH		SOLE		16,000	0	13,566
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,854	9,912	SH		SOLE		9,912	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	2,007	10,731	SH		OTR		10,731	0	0
SPDR INDEX SHS FDS	EUROPE ETF	78463X608	235	6,400	SH		SOLE		3,500	0	2,900
SPDR INDEX SHS FDS	MIDEAST AFRICA	78463X806	222	3,170	SH		SOLE		2,000	0	1,170
SPDR INDEX SHS FDS	S&P GBLINF ETF	78463X855	797	16,700	SH		SOLE		10,000	0	6,700
SPDR INDEX SHS FDS	DJ INTL RL ETF	78463X863	391	9,500	SH		SOLE		5,500	0	4,000
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	743	17,973	SH		SOLE		17,973	0	0
SCHLUMBERGER LTD	COM	806857108	536	5,500	SH		SOLE		4,000	0	1,500
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	420	4,720	SH		SOLE		4,200	0	520
SERVICE CORP INTL	COM	817565104	239	12,000	SH		SOLE		12,000	0	0
SOUTHERN CO	COM	842587107	557	12,665	SH		SOLE		12,665	0	0
SOUTHERN CO	COM	842587107	49	1,115	SH		OTR		1,115	0	0
STANLEY BLACK & DECKER INC	COM	854502101	338	4,162	SH		SOLE		2,300	0	1,862
TEMPLETON EMERG MKTS INCOME	COM	880192109	140	10,000	SH		SOLE		10,000	0	0
3-D SYS CORP DEL	COM NEW	88554D205	396	6,690	SH		SOLE		6,690	0	0
3-D SYS CORP DEL	COM NEW	88554D205	30	511	SH		OTR		511	0	0
UNITED STATES STL CORP NEW	COM	912909108	291	10,522	SH		SOLE		10,522	0	0
UNITED STATES STL CORP NEW	COM	912909108	36	1,314	SH		OTR		1,314	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	619	5,300	SH		SOLE		2,700	0	2,600
UNITEDHEALTH GROUP INC	COM	91324P102	271	3,300	SH		SOLE		3,000	0	300
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	325	8,000	SH		SOLE		6,000	0	2,000
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	16,951	98,927	SH		SOLE		98,927	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	418	2,437	SH		OTR		2,403	34	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	227	2,000	SH		SOLE		1,000	0	1,000
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	2,770	32,595	SH		SOLE		32,595	0	0
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	131	1,547	SH		OTR		1,521	26	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	232	2,050	SH		SOLE		1,000	0	1,050
VERIZON COMMUNICATIONS INC	COM	92343V104	1,070	22,482	SH		SOLE		21,578	0	904
VERIZON COMMUNICATIONS INC	COM	92343V104	22	468	SH		OTR		404	0	64
VISA INC	COM CL A	92826C839	1,547	7,167	SH		SOLE		7,167	0	0
VISA INC	COM CL A	92826C839	136	632	SH		OTR		619	13	0
VULCAN MATLS CO	COM	929160109	379	5,700	SH		SOLE		4,100	0	1,600
WAL-MART STORES INC	COM	931142103	180	2,361	SH		SOLE		2,361	0	0
WAL-MART STORES INC	COM	931142103	58	755	SH		OTR		755	0	0
WELLS FARGO & CO NEW	COM	949746101	323	6,500	SH		SOLE		6,000	0	500
WISDOMTREE TR	JAPN HEDGE EQT	97717W851	1,924	40,643	SH		SOLE		40,643	0	0
WISDOMTREE TR	JAPN HEDGE EQT	97717W851	125	2,634	SH		OTR		2,634	0	0
XEROX CORP	COM	984121103	173	15,280	SH		SOLE		11,480	0	3,800
ALLEGION PUB LTD CO	ORD SHS	G0176J109	248	4,749	SH		SOLE		2,800	0	1,949
BUNGE LIMITED	COM	G16962105	254	3,200	SH		SOLE		3,000	0	200
EATON CORP PLC	SHS	G29183103	687	9,152	SH		SOLE		9,152	0	0
EATON CORP PLC	SHS	G29183103	84	1,118	SH		OTR		1,118	0	0
INGERSOLL-RAND PLC	SHS	G47791101	601	10,500	SH		SOLE		6,500	0	4,000
DCP MIDSTREAM PARTNERS LP	COM UT LTD PTN	23311P100	217	4,329	SH		SOLE		0	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	2	23	SH		OTR		0	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	398	5,742	SH		SOLE		0	0	0
ICAHN ENTERPRISES LP	DEPOSITARY UNIT	451100101	444	4,319	SH		SOLE		0	0	0
KINDER MORGAN ENERGY PARTNER	UT LTD PARTNER	494550106	268	3,619	SH		SOLE		0	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	458	6,563	SH		SOLE		0	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	305	5,535	SH		SOLE		0	0	0
REGENCY ENERGY PARTNERS L P	COM UNITS L P	75885Y107	234	8,611	SH		SOLE		0	0	0
SPECTRA ENERGY PARTNERS LP	COM	84756N109	320	6,535	SH		SOLE		0	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	558	6,135	SH		SOLE		0	0	0
TARGA RESOURCES PARTNERS LP	COM UNIT	87611X105	285	5,058	SH		SOLE		0	0	0