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	650	18,389	SH		SOLE		18,389	0	0
AT&T INC	COM	00206R102	58	1,639	SH		OTR		1,639	0	0
AIR PRODS & CHEMS INC	COM	009158106	386	3,000	SH		SOLE		3,000	0	0
ALLERGAN INC	COM	018490102	170	1,005	SH		SOLE		1,005	0	0
ALLERGAN INC	COM	018490102	54	317	SH		OTR		317	0	0
ALTRIA GROUP INC	COM	02209S103	1,825	43,509	SH		SOLE		43,501	0	8
ALTRIA GROUP INC	COM	02209S103	114	2,725	SH		OTR		2,549	32	144
AMAZON COM INC	COM	023135106	759	2,337	SH		SOLE		2,336	0	1
AMAZON COM INC	COM	023135106	95	293	SH		OTR		275	0	18
AMERISERV FINL INC	COM	03074A102	1,887	542,266	SH		SOLE		542,266	0	0
AMERISERV FINL INC	COM	03074A102	14	3,916	SH		OTR		3,916	0	0
ANNALY CAP MGMT INC	COM	035710409	159	13,935	SH		SOLE		13,925	0	10
ANNALY CAP MGMT INC	COM	035710409	9	784	SH		OTR		556	0	228
APPLE INC	COM	037833100	2,775	29,861	SH		SOLE		29,854	0	7
APPLE INC	COM	037833100	342	3,682	SH		OTR		3,640	0	42
AUTOMATIC DATA PROCESSING IN	COM	053015103	365	4,600	SH		SOLE		4,000	0	600
BANK OF AMERICA CORPORATION	COM	060505104	519	33,793	SH		SOLE		30,190	0	3,603
BANK OF AMERICA CORPORATION	COM	060505104	24	1,550	SH		OTR		1,550	0	0
BARD C R INC	COM	067383109	358	2,505	SH		SOLE		2,505	0	0
BARD C R INC	COM	067383109	76	531	SH		OTR		531	0	0
BAXTER INTL INC	COM	071813109	354	4,900	SH		SOLE		4,200	0	700
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	380	2	SH		SOLE		2	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	379	2,999	SH		SOLE		2,899	0	100
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	164	1,299	SH		OTR		1,299	0	0
BOEING CO	COM	097023105	534	4,200	SH		SOLE		4,200	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	946	19,504	SH		SOLE		19,304	0	200
BRISTOL MYERS SQUIBB CO	COM	110122108	60	1,234	SH		OTR		1,234	0	0
CSX CORP	COM	126408103	458	14,860	SH		SOLE		14,860	0	0
CSX CORP	COM	126408103	38	1,238	SH		OTR		1,238	0	0
CALAMOS CONV OPP AND INC FD	SH BEN INT	128117108	2,932	208,953	SH		SOLE		208,953	0	0
CALAMOS CONV OPP AND INC FD	SH BEN INT	128117108	144	10,280	SH		OTR		10,280	0	0
CATERPILLAR INC DEL	COM	149123101	630	5,800	SH		SOLE		5,700	0	100
CELGENE CORP	COM	151020104	212	2,472	SH		SOLE		2,472	0	0
CELGENE CORP	COM	151020104	54	630	SH		OTR		630	0	0
CHEVRON CORP NEW	COM	166764100	261	2,000	SH		SOLE		2,000	0	0
CLOROX CO DEL	COM	189054109	381	4,167	SH		SOLE		4,167	0	0
CLOROX CO DEL	COM	189054109	48	527	SH		OTR		527	0	0
COLGATE PALMOLIVE CO	COM	194162103	395	5,800	SH		SOLE		4,000	0	1,800
DANAHER CORP DEL	COM	235851102	836	10,618	SH		SOLE		10,618	0	0
DANAHER CORP DEL	COM	235851102	101	1,282	SH		OTR		1,282	0	0
DIRECTV	COM	25490A309	302	3,558	SH		SOLE		3,558	0	0
DIRECTV	COM	25490A309	36	423	SH		OTR		423	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	909	13,896	SH		SOLE		13,896	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	75	1,141	SH		OTR		1,141	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	355	4,789	SH		SOLE		4,789	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	15	200	SH		OTR		200	0	0
EXELON CORP	COM	30161N101	278	7,624	SH		SOLE		7,613	0	11
EXELON CORP	COM	30161N101	12	316	SH		OTR		238	0	78
EXXON MOBIL CORP	COM	30231G102	1,821	18,078	SH		SOLE		17,556	0	522
EXXON MOBIL CORP	COM	30231G102	91	905	SH		OTR		905	0	0
FNB CORP PA	COM	302520101	942	73,473	SH		SOLE		73,473	0	0
FIFTH THIRD BANCORP	COM	316773100	217	10,166	SH		SOLE		10,166	0	0
FIFTH THIRD BANCORP	COM	316773100	28	1,300	SH		OTR		1,300	0	0
FIRST COMWLTH FINL CORP PA	COM	319829107	96	10,440	SH		SOLE		10,440	0	0
FISERV INC	COM	337738108	555	9,200	SH		SOLE		7,000	0	2,200
FOOT LOCKER INC	COM	344849104	659	13,000	SH		SOLE		12,000	0	1,000
FRANKLIN RES INC	COM	354613101	763	13,200	SH		SOLE		9,000	0	4,200
FREEPORT-MCMORAN COPPER & GO	COM	35671D857	237	6,500	SH		SOLE		6,500	0	0
FRESENIUS MED CARE AG&CO KGA	SPONSORED ADR	358029106	247	7,389	SH		SOLE		7,389	0	0
GABELLI EQUITY TR INC	COM	362397101	757	100,519	SH		SOLE		100,519	0	0
GABELLI EQUITY TR INC	COM	362397101	23	3,000	SH		OTR		3,000	0	0
GABELLI UTIL TR	COM	36240A101	200	27,211	SH		SOLE		27,211	0	0
GENERAL ELECTRIC CO	COM	369604103	783	29,796	SH		SOLE		28,496	0	1,300
GENERAL ELECTRIC CO	COM	369604103	90	3,430	SH		OTR		3,430	0	0
GENERAL MLS INC	COM	370334104	565	10,756	SH		SOLE		10,750	0	6
GENERAL MLS INC	COM	370334104	61	1,161	SH		OTR		1,053	0	108
GILEAD SCIENCES INC	COM	375558103	785	9,472	SH		SOLE		9,466	0	6
GILEAD SCIENCES INC	COM	375558103	96	1,152	SH		OTR		1,102	0	50
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	709	13,260	SH		SOLE		13,260	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	63	1,177	SH		OTR		1,177	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	603	3,600	SH		SOLE		2,600	0	1,000
HALLIBURTON CO	COM	406216101	720	10,135	SH		SOLE		10,135	0	0
HALLIBURTON CO	COM	406216101	92	1,296	SH		OTR		1,296	0	0
HONEYWELL INTL INC	COM	438516106	548	5,900	SH		SOLE		5,200	0	700
HUDSON TECHNOLOGIES INC	COM	444144109	58	20,000	SH		SOLE		20,000	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	177	18,554	SH		SOLE		18,554	0	0
ILLINOIS TOOL WKS INC	COM	452308109	350	4,000	SH		SOLE		4,000	0	0
INDEXIQ ETF TR	GLB AGRI SM CP	45409B834	334	12,200	SH		SOLE		10,000	22	0
INTEL CORP	COM	458140100	267	8,650	SH		SOLE		7,200	0	1,450
INTERCONTINENTALEXCHANGE GRO	COM	45866F104	369	1,951	SH		SOLE		1,900	0	51
ISHARES	MSCI MALAYSI ETF	464286830	186	11,700	SH		SOLE		10,000	17	0
ISHARES	SELECT DIVID ETF	464287168	196	2,545	SH		SOLE		2,545	0	0
ISHARES	SELECT DIVID ETF	464287168	17	225	SH		OTR		225	0	0
ISHARES	GLOBAL TECH ETF	464287291	536	6,020	SH		SOLE		6,000	0	20
ISHARES	MSCI EAFE ETF	464287465	589	8,609	SH		SOLE		8,609	0	0
ISHARES	MSCI EAFE ETF	464287465	150	2,200	SH		OTR		2,200	0	0
ISHARES	IBOXX HI YD ETF	464288513	1,016	10,677	SH		SOLE		10,677	0	0
ISHARES	U.S. PFD STK ETF	464288687	268	6,710	SH		SOLE		6,710	0	0
JPMORGAN CHASE & CO	COM	46625H100	426	7,400	SH		SOLE		5,700	0	1,700
JOHNSON & JOHNSON	COM	478160104	1,956	18,700	SH		SOLE		16,897	0	1,803
JOHNSON & JOHNSON	COM	478160104	133	1,273	SH		OTR		1,243	0	30
KIMBERLY CLARK CORP	COM	494368103	289	2,599	SH		SOLE		2,599	0	0
KIMBERLY CLARK CORP	COM	494368103	37	335	SH		OTR		335	0	0
KODIAK OIL & GAS CORP	COM	50015Q100	585	40,178	SH		SOLE		40,178	0	0
KODIAK OIL & GAS CORP	COM	50015Q100	55	3,761	SH		OTR		3,761	0	0
LILLY ELI & CO	COM	532457108	854	13,742	SH		SOLE		13,742	0	0
LILLY ELI & CO	COM	532457108	32	512	SH		OTR		512	0	0
MARKET VECTORS ETF TR	AGRIBUS ETF	57060U605	226	4,100	SH		SOLE		3,500	6	0
MARKET VECTORS ETF TR	INDONESIA ETF	57060U753	247	10,025	SH		SOLE		8,000	20	25
MASTERCARD INC	CL A	57636Q104	1,121	15,256	SH		SOLE		15,256	0	0
MASTERCARD INC	CL A	57636Q104	63	860	SH		OTR		860	0	0
MCDONALDS CORP	COM	580135101	739	7,335	SH		SOLE		7,335	0	0
MCDONALDS CORP	COM	580135101	108	1,071	SH		OTR		1,071	0	0
MERCK & CO INC NEW	COM	58933Y105	380	6,572	SH		SOLE		6,572	0	0
MERCK & CO INC NEW	COM	58933Y105	32	559	SH		OTR		559	0	0
MICROSOFT CORP	COM	594918104	902	21,631	SH		SOLE		20,231	0	1,400
MICROSOFT CORP	COM	594918104	41	990	SH		OTR		990	0	0
MORGAN STANLEY	COM NEW	617446448	678	20,985	SH		SOLE		20,985	0	0
MORGAN STANLEY	COM NEW	617446448	75	2,326	SH		OTR		2,326	0	0
NEW YORK MTG TR INC	COM PAR $.02	649604501	283	36,220	SH		SOLE		36,220	0	0
PEPSICO INC	COM	713448108	649	7,264	SH		SOLE		7,264	0	0
PEPSICO INC	COM	713448108	110	1,236	SH		OTR		1,236	0	0
PHILIP MORRIS INTL INC	COM	718172109	1,081	12,821	SH		SOLE		12,821	0	0
PHILIP MORRIS INTL INC	COM	718172109	107	1,264	SH		OTR		1,257	7	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	304	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	608	7,200	SH		SOLE		4,000	0	3,200
PRICELINE COM INC	COM NEW	741503403	271	225	SH		SOLE		225	0	0
PRICELINE COM INC	COM NEW	741503403	51	42	SH		OTR		42	0	0
PROCTER & GAMBLE CO	COM	742718109	480	6,103	SH		SOLE		4,703	0	1,400
PROCTER & GAMBLE CO	COM	742718109	55	702	SH		OTR		702	0	0
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	304	5,000	SH		SOLE		5,000	0	0
SEI INVESTMENTS CO	COM	784117103	583	17,800	SH		SOLE		14,000	0	3,800
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,887	9,642	SH		SOLE		9,642	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	2,050	10,476	SH		OTR		10,476	0	0
SPDR INDEX SHS FDS	S&P GBLINF ETF	78463X855	468	9,200	SH		SOLE		8,000	12	0
SPDR INDEX SHS FDS	DJ INTL RL ETF	78463X863	274	6,200	SH		SOLE		5,000	12	0
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	746	17,877	SH		SOLE		17,877	0	0
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	279	3,640	SH		SOLE		3,640	0	0
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	10	125	SH		OTR		125	0	0
SCHLUMBERGER LTD	COM	806857108	377	3,200	SH		SOLE		3,200	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	302	3,020	SH		SOLE		3,000	0	20
SERVICE CORP INTL	COM	817565104	249	12,000	SH		SOLE		12,000	0	0
SOUTHERN CO	COM	842587107	584	12,864	SH		SOLE		12,864	0	0
SOUTHERN CO	COM	842587107	46	1,015	SH		OTR		1,015	0	0
STANLEY BLACK & DECKER INC	COM	854502101	272	3,100	SH		SOLE		2,100	0	1,000
TEMPLETON EMERG MKTS INCOME	COM	880192109	138	10,000	SH		SOLE		10,000	0	0
3-D SYS CORP DEL	COM NEW	88554D205	367	6,138	SH		SOLE		6,138	0	0
3-D SYS CORP DEL	COM NEW	88554D205	31	511	SH		OTR		511	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	358	3,100	SH		SOLE		2,700	0	400
UNITEDHEALTH GROUP INC	COM	91324P102	262	3,200	SH		SOLE		3,000	0	200
VANGUARD BD INDEX FD INC	INTERMED TERM	921937819	508	6,000	SH		SOLE		6,000	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	302	7,000	SH		SOLE		7,000	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	19,116	106,537	SH		SOLE		106,537	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	472	2,630	SH		OTR		2,596	34	0
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	2,599	29,624	SH		SOLE		29,624	0	0
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	98	1,122	SH		OTR		1,096	26	0
VERIZON COMMUNICATIONS INC	COM	92343V104	1,060	21,654	SH		SOLE		21,050	0	604
VERIZON COMMUNICATIONS INC	COM	92343V104	22	442	SH		OTR		378	0	64
VISA INC	COM CL A	92826C839	1,533	7,276	SH		SOLE		7,276	0	0
VISA INC	COM CL A	92826C839	133	632	SH		OTR		619	13	0
WAL-MART STORES INC	COM	931142103	279	3,715	SH		SOLE		3,715	0	0
WAL-MART STORES INC	COM	931142103	55	730	SH		OTR		730	0	0
WELLS FARGO & CO NEW	COM	949746101	315	6,000	SH		SOLE		6,000	0	0
BUNGE LIMITED	COM	G16962105	227	3,000	SH		SOLE		3,000	0	0
EATON CORP PLC	SHS	G29183103	706	9,152	SH		SOLE		9,152	0	0
EATON CORP PLC	SHS	G29183103	85	1,098	SH		OTR		1,098	0	0
INGERSOLL-RAND PLC	SHS	G47791101	375	6,000	SH		SOLE		5,000	0	1,000
DCP MIDSTREAM PARTNERS LP	COM UT LTD PTN	23311P100	247	4,329	SH		SOLE		0	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	477	6,093	SH		SOLE		0	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	2	23	SH		OTR		0	0	0
ICAHN ENTERPRISES LP	DEPOSITARY UNIT	451100101	524	5,253	SH		SOLE		0	0	0
KINDER MORGAN ENERGY PARTNER	UT LTD PARTNER	494550106	306	3,719	SH		SOLE		0	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	627	7,465	SH		SOLE		0	0	0
NUSTAR ENERGY LP	UNIT COM	67058H102	211	3,396	SH		SOLE		0	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	332	5,535	SH		SOLE		0	0	0
REGENCY ENERGY PARTNERS L P	COM UNITS L P	75885Y107	277	8,610	SH		SOLE		0	0	0
SPECTRA ENERGY PARTNERS LP	COM	84756N109	349	6,535	SH		SOLE		0	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	578	12,270	SH		SOLE		0	0	0
TARGA RESOURCES PARTNERS LP	COM UNIT	87611X105	364	5,058	SH		SOLE		0	0	0
WILLIAMS PARTNERS L P	COM UNIT L P	96950F104	222	4,098	SH		SOLE		0	0	0