Jolley Asset Management 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
SIRIUS XM HLDGS INC COM	Stock	82968B103	29	4,600	SH		SOLE	0	4,600	0	0
ALLEGHENY TECHNOLOGIES INC COM	Stock	01741R102	3	120	SH		SOLE	0	120	0	0
MONSANTO CO NEW COM	Stock	61166W101	139	1,195	SH		SOLE	0	1,195	0	0
JOHNSON & JOHNSON COM	Stock	478160104	99	773	SH		SOLE	0	773	0	0
WASTE MGMT INC DEL COM	Stock	94106L109	5	65	SH		SOLE	0	65	0	0
COSTCO WHSL CORP NEW COM	Stock	22160K105	8	40	SH		SOLE	0	40	0	0
ISHARES MSCI EMERGING MARKETS ETF	ETF	464287234	12	253	SH		SOLE	0	253	0	0
GOLDMAN SACHS GROUP INC COM	Stock	38141G104	25	100	SH		SOLE	0	100	0	0
ROYAL DUTCH SHELL PLC SPONS ADR A	ADR	780259206	482	7,555	SH		SOLE	0	7,555	0	0
YUM BRANDS INC COM	Stock	988498101	3,932	46,192	SH		SOLE	0	46,192	0	0
PROCTER AND GAMBLE CO COM	Stock	742718109	293	3,691	SH		SOLE	0	3,691	0	0
COCA COLA CO COM	Stock	191216100	145	3,339	SH		SOLE	0	3,339	0	0
GENERAL MLS INC COM	Stock	370334104	43	955	SH		SOLE	0	955	0	0
BB&T CORP COM	Stock	054937107	199	3,825	SH		SOLE	0	3,825	0	0
UNITED PARCEL SERVICE INC CL B	Stock	911312106	4,608	44,024	SH		SOLE	0	44,024	0	0
INTEL CORP COM	Stock	458140100	371	7,129	SH		SOLE	0	7,129	0	0
MEDTRONIC PLC SHS	Stock	G5960L103	28	345	SH		SOLE	0	345	0	0
CLOROX CO DEL COM	Stock	189054109	33	250	SH		SOLE	0	250	0	0
PAYCHEX INC COM	Stock	704326107	108	1,750	SH		SOLE	0	1,750	0	0
DELL TECHNOLOGIES INC COM CL V	Stock	24703L103	9	119	SH		SOLE	0	119	0	0
SANOFI SPONSORED ADR	ADR	80105N105	20	495	SH		SOLE	0	495	0	0
MERCK & CO INC COM	Stock	58933Y105	3,255	59,761	SH		SOLE	0	59,761	0	0
MASTERCARD INCORPORATED CL A	Stock	57636Q104	3	17	SH		SOLE	0	17	0	0
EMERSON ELEC CO COM	Stock	291011104	452	6,615	SH		SOLE	0	6,615	0	0
ALLSTATE CORP COM	Stock	020002101	43	455	SH		SOLE	0	455	0	0
DIAGEO P L C SPON ADR NEW	ADR	25243Q205	336	2,481	SH		SOLE	0	2,481	0	0
ALASKA AIR GROUP INC COM	Stock	011659109	23	375	SH		SOLE	0	375	0	0
ISHARES MSCI JAPAN ETF	ETF	46434G822	4	68	SH		SOLE	0	68	0	0
ISHARES TIPS BOND ETF	ETF	464287176	4	39	SH		SOLE	0	39	0	0
BANK NEW YORK MELLON CORP COM	Stock	064058100	10	188	SH		SOLE	0	188	0	0
VERIZON COMMUNICATIONS INC COM	Stock	92343V104	89	1,869	SH		SOLE	0	1,869	0	0
CHUBB LIMITED COM	Stock	H1467J104	27	200	SH		SOLE	0	200	0	0
FEDEX CORP COM	Stock	31428X106	24	100	SH		SOLE	0	100	0	0
PEPSICO INC COM	Stock	713448108	872	7,985	SH		SOLE	0	7,985	0	0
ISHARES 1-3 YEAR TREASURY BOND ETF	ETF	464287457	4,003	47,905	SH		SOLE	0	47,905	0	0
BANCROFT FUND LTD COM	CEF	059695106	1,631	77,715	SH		SOLE	0	77,715	0	0
KIMBERLY CLARK CORP COM	Stock	494368103	21	190	SH		SOLE	0	190	0	0
INTERPUBLIC GROUP COS INC COM	Stock	460690100	1	40	SH		SOLE	0	40	0	0
HONEYWELL INTL INC COM	Stock	438516106	106	735	SH		SOLE	0	735	0	0
DIREXION DAILY JUNIOR GOLD MINERS INDEX BULL 3X SHARES	ETF	25460E851	0	0	SH		SOLE	0	0	0	0
US BANCORP DEL COM NEW	Stock	902973304	7	131	SH		SOLE	0	131	0	0
BP PLC SPONSORED ADR	ADR	055622104	37	919	SH		SOLE	0	919	0	0
HOME DEPOT INC COM	Stock	437076102	119	670	SH		SOLE	0	670	0	0
AUTOMATIC DATA PROCESSING INC COM	Stock	053015103	99	875	SH		SOLE	0	875	0	0
BRIGHTHOUSE FINL INC COM	Stock	10922N103	0	4	SH		SOLE	0	4	0	0
DOWDUPONT INC COM	Stock	26078J100	68	1,068	SH		SOLE	0	1,068	0	0
ISHARES RUSSELL 2000 VALUE ETF	ETF	464287630	121	990	SH		SOLE	0	990	0	0
SOUTHERN CO COM	Stock	842587107	10	217	SH		SOLE	0	217	0	0
UNIVERSAL CORP VA COM	Stock	913456109	32	659	SH		SOLE	0	659	0	0
BRITISH AMERN TOB PLC SPONSORED ADR	ADR	110448107	8	147	SH		SOLE	0	147	0	0
ISHARES RUSSELL 1000 GROWTH ETF	ETF	464287614	95	700	SH		SOLE	0	700	0	0
LABORATORY CORP AMER HLDGS COM NEW	Stock	50540R409	12	75	SH		SOLE	0	75	0	0
CENTURYLINK INC COM	Stock	156700106	435	26,506	SH		SOLE	0	26,506	0	0
PIMCO ENHANCED SHORT MATURITY ACTIVE EXCHANGE-TRADED FUND	ETF	72201R833	320	3,150	SH		SOLE	0	3,150	0	0
BERKSHIRE HATHAWAY INC DEL CL B NEW	Stock	084670702	4,795	24,038	SH		SOLE	0	24,038	0	0
FISERV INC COM	Stock	337738108	31	436	SH		SOLE	0	436	0	0
CSX CORP COM	Stock	126408103	111	2,000	SH		SOLE	0	2,000	0	0
COMCAST CORP NEW CL A	Stock	20030N101	12	352	SH		SOLE	0	352	0	0
MICROSOFT CORP COM	Stock	594918104	383	4,193	SH		SOLE	0	4,193	0	0
SCHLUMBERGER LTD COM	Stock	806857108	3,498	54,005	SH		SOLE	0	54,004	0	0
BOEING CO COM	Stock	097023105	123	375	SH		SOLE	0	375	0	0
VANGUARD SMALL-CAP INDEX FUND	ETF	922908751	85	580	SH		SOLE	0	580	0	0
NCR CORP NEW COM	Stock	62886E108	0	12	SH		SOLE	0	12	0	0
NORFOLK SOUTHERN CORP COM	Stock	655844108	204	1,500	SH		SOLE	0	1,500	0	0
VANGUARD FTSE EUROPE ETF	ETF	922042874	38	650	SH		SOLE	0	650	0	0
WALGREENS BOOTS ALLIANCE INC COM	Stock	931427108	96	1,470	SH		SOLE	0	1,470	0	0
BRIGGS & STRATTON CORP COM	Stock	109043109	285	13,300	SH		SOLE	0	13,300	0	0
DOLLAR TREE INC COM	Stock	256746108	4,656	49,063	SH		SOLE	0	49,063	0	0
VANECK VECTORS GOLD MINERS ETF	ETF	92189F106	67	3,050	SH		SOLE	0	3,050	0	0
LILLY ELI & CO COM	Stock	532457108	171	2,210	SH		SOLE	0	2,210	0	0
AIR PRODS & CHEMS INC COM	Stock	009158106	48	300	SH		SOLE	0	300	0	0
NATIONAL OILWELL VARCO INC COM	Stock	637071101	337	9,165	SH		SOLE	0	9,165	0	0
ISHARES RUSSELL 2000 ETF	ETF	464287655	122	805	SH		SOLE	0	805	0	0
AFLAC INC COM	Stock	001055102	9	200	SH		SOLE	0	200	0	0
ISHARES FLOATING RATE BOND ETF	ETF	46429B655	2,785	54,685	SH		SOLE	0	54,685	0	0
SONY CORP SPONSORED ADR	ADR	835699307	7	150	SH		SOLE	0	150	0	0
COCA COLA BOTTLING CO CONS COM	Stock	191098102	17	100	SH		SOLE	0	100	0	0
EDISON INTL COM	Stock	281020107	12	190	SH		SOLE	0	190	0	0
ISHARES MSCI EAFE VALUE ETF	ETF	464288877	447	8,190	SH		SOLE	0	8,190	0	0
X-TRACKERS MSCI EAFE HEDGED EQUITY ETF	ETF	233051200	15	489	SH		SOLE	0	489	0	0
VISA INC COM CL A	Stock	92826C839	16	131	SH		SOLE	0	131	0	0
BHP BILLITON PLC SPONSORED ADR	ADR	05545E209	7	180	SH		SOLE	0	180	0	0
PHILLIPS 66 COM	Stock	718546104	74	769	SH		SOLE	0	769	0	0
FACEBOOK INC CL A	Stock	30303M102	1	7	SH		SOLE	0	7	0	0
DUKE ENERGY CORP NEW COM NEW	Stock	26441C204	92	1,194	SH		SOLE	0	1,194	0	0
CELGENE CORP COM	Stock	151020104	56	624	SH		SOLE	0	624	0	0
MONDELEZ INTL INC CL A	Stock	609207105	39	936	SH		SOLE	0	936	0	0
PROSHARES ULTRASHORT S&P 500	ETF	74347B383	1	32	SH		SOLE	0	32	0	0
VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF	ETF	922020805	758	15,500	SH		SOLE	0	15,500	0	0
METLIFE INC COM	Stock	59156R108	4,341	94,605	SH		SOLE	0	94,604	0	0
FLOWERS FOODS INC COM	Stock	343498101	5,011	229,251	SH		SOLE	0	229,250	0	0
GDL FUND COM SH BEN IT	CEF	361570104	50	5,385	SH		SOLE	0	5,385	0	0
NOVARTIS A G SPONSORED ADR	ADR	66987V109	3,940	48,736	SH		SOLE	0	48,736	0	0
ISHARES CORE MSCI EAFE ETF	ETF	46432F842	165	2,500	SH		SOLE	0	2,500	0	0
ROYAL BK CDA MONTREAL QUE COM	Stock	780087102	410	5,300	SH		SOLE	0	5,300	0	0
TOTAL S A SPONSORED ADR	ADR	89151E109	167	2,895	SH		SOLE	0	2,895	0	0
ACCENTURE PLC IRELAND SHS CLASS A	Stock	G1151C101	35	230	SH		SOLE	0	230	0	0
NORTHERN TR CORP COM	Stock	665859104	176	1,710	SH		SOLE	0	1,710	0	0
ISHARES 1-3 YEAR CREDIT BOND ETF	ETF	464288646	2,172	20,925	SH		SOLE	0	20,925	0	0
MOSAIC CO NEW COM	Stock	61945C103	4,608	189,781	SH		SOLE	0	189,780	0	0
WHEATON PRECIOUS METALS CORP COM	Stock	962879102	7	330	SH		SOLE	0	330	0	0
ABBVIE INC COM	Stock	00287Y109	1,740	18,381	SH		SOLE	0	18,381	0	0
WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND	ETF	97717W760	422	5,520	SH		SOLE	0	5,520	0	0
ISHARES CORE MSCI EMERGING MARKETS ETF	ETF	46434G103	58	1,000	SH		SOLE	0	1,000	0	0
NATIONAL FUEL GAS CO N J COM	Stock	636180101	87	1,700	SH		SOLE	0	1,700	0	0
RANGE RES CORP COM	Stock	75281A109	126	8,700	SH		SOLE	0	8,700	0	0
BLACKSTONE GROUP L P COM UNIT LTD	Stock	09253U108	10	300	SH		SOLE	0	300	0	0
ZIMMER BIOMET HLDGS INC COM	Stock	98956P102	4	40	SH		SOLE	0	40	0	0
RAYTHEON CO COM NEW	Stock	755111507	65	300	SH		SOLE	0	300	0	0
QUALCOMM INC COM	Stock	747525103	4,545	82,027	SH		SOLE	0	82,026	0	0
GENERAL DYNAMICS CORP COM	Stock	369550108	9	42	SH		SOLE	0	42	0	0
MCDONALDS CORP COM	Stock	580135101	82	527	SH		SOLE	0	527	0	0
CYPRESS SEMICONDUCTOR CORP COM	Stock	232806109	254	15,000	SH		SOLE	0	15,000	0	0
DOVER CORP COM	Stock	260003108	7	69	SH		SOLE	0	69	0	0
CISCO SYS INC COM	Stock	17275R102	4,600	107,248	SH		SOLE	0	107,248	0	0
CAPITAL ONE FINL CORP COM	Stock	14040H105	42	438	SH		SOLE	0	438	0	0
ISHARES RUSSELL MID-CAP ETF	ETF	464287499	51	245	SH		SOLE	0	245	0	0
APACHE CORP COM	Stock	037411105	546	14,200	SH		SOLE	0	14,200	0	0
VANECK VECTORS JUNIOR GOLD MINERS ETF	ETF	92189F791	7	225	SH		SOLE	0	225	0	0
AT&T INC COM	Stock	00206R102	61	1,718	SH		SOLE	0	1,718	0	0
GENERAL ELECTRIC CO COM	Stock	369604103	29	2,125	SH		SOLE	0	2,125	0	0
MOTOROLA SOLUTIONS INC COM NEW	Stock	620076307	2	19	SH		SOLE	0	19	0	0
ALLIANCE ONE INTL INC COM NEW	Stock	018772301	0	0	SH		SOLE	0	0	0	0
ISHARES S&P 500 VALUE ETF	ETF	464287408	16	146	SH		SOLE	0	146	0	0
GUGGENHEIM BULLETSHARES 2021 CORPORATE BOND ETF	ETF	18383M266	280	13,435	SH		SOLE	0	13,435	0	0
BUNGE LIMITED COM	Stock	G16962105	518	7,000	SH		SOLE	0	7,000	0	0
WELLS FARGO CO NEW COM	Stock	949746101	18	335	SH		SOLE	0	335	0	0
LOCKHEED MARTIN CORP COM	Stock	539830109	47	138	SH		SOLE	0	138	0	0
JPMORGAN CHASE & CO COM	Stock	46625H100	4,462	40,578	SH		SOLE	0	40,578	0	0
INTL PAPER CO COM	Stock	460146103	4	67	SH		SOLE	0	67	0	0
ISHARES INTERMEDIATE CREDIT BOND ETF	ETF	464288638	9	82	SH		SOLE	0	82	0	0
CHEVRON CORP NEW COM	Stock	166764100	2,466	21,622	SH		SOLE	0	21,622	0	0
CONOCOPHILLIPS COM	Stock	20825C104	163	2,750	SH		SOLE	0	2,750	0	0
VANGUARD FTSE DEVELOPED MARKETS ETF	ETF	921943858	10	234	SH		SOLE	0	234	0	0
CAMPBELL SOUP CO COM	Stock	134429109	3,077	71,038	SH		SOLE	0	71,037	0	0
EXPRESS SCRIPTS HLDG CO COM	Stock	30219G108	18	257	SH		SOLE	0	257	0	0
BANK AMER CORP COM	Stock	060505104	5,238	174,658	SH		SOLE	0	174,658	0	0
TERADATA CORP DEL COM	Stock	88076W103	0	12	SH		SOLE	0	12	0	0
GAMCO INVESTORS INC CL A COM	Stock	361438104	522	21,025	SH		SOLE	0	21,025	0	0
WALMART INC COM	Stock	931142103	3,843	43,198	SH		SOLE	0	43,198	0	0
INTERNATIONAL BUSINESS MACHS COM	Stock	459200101	94	613	SH		SOLE	0	613	0	0
ORACLE CORP COM	Stock	68389X105	3,390	74,102	SH		SOLE	0	74,102	0	0
UNITED TECHNOLOGIES CORP COM	Stock	913017109	116	918	SH		SOLE	0	918	0	0
VANGUARD FTSE EMERGING MARKETS ETF	ETF	922042858	501	10,656	SH		SOLE	0	10,656	0	0
TARGET CORP COM	Stock	87612E106	244	3,515	SH		SOLE	0	3,515	0	0
PFIZER INC COM	Stock	717081103	4,623	130,271	SH		SOLE	0	130,271	0	0
MORGAN STANLEY COM NEW	Stock	617446448	13	250	SH		SOLE	0	250	0	0
GILEAD SCIENCES INC COM	Stock	375558103	4,076	54,068	SH		SOLE	0	54,067	0	0
CATERPILLAR INC DEL COM	Stock	149123101	96	650	SH		SOLE	0	650	0	0
AMERICAN EXPRESS CO COM	Stock	025816109	23	250	SH		SOLE	0	250	0	0
APPLIED MATLS INC COM	Stock	038222105	4,677	84,095	SH		SOLE	0	84,095	0	0
TYSON FOODS INC CL A	Stock	902494103	4,894	66,862	SH		SOLE	0	66,861	0	0
FRANKLIN RES INC COM	Stock	354613101	4,081	117,675	SH		SOLE	0	117,675	0	0
SCANA CORP NEW COM	Stock	80589M102	53	1,410	SH		SOLE	0	1,410	0	0
ISHARES CORE U.S. AGGREGATE BOND ETF	ETF	464287226	2,095	19,531	SH		SOLE	0	19,531	0	0
CDK GLOBAL INC COM	Stock	12508E101	15	241	SH		SOLE	0	241	0	0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR	ADR	03524A108	4,102	37,312	SH		SOLE	0	37,312	0	0
AQUA AMERICA INC COM	Stock	03836W103	17	500	SH		SOLE	0	500	0	0
AXALTA COATING SYS LTD COM	Stock	G0750C108	707	23,430	SH		SOLE	0	23,430	0	0
AVX CORP NEW COM	Stock	002444107	4,616	278,911	SH		SOLE	0	278,910	0	0
DELTA AIR LINES INC DEL COM NEW	Stock	247361702	4,990	91,040	SH		SOLE	0	91,039	0	0
VANGUARD SHORT-TERM BOND INDEX FUND	ETF	921937827	9	113	SH		SOLE	0	113	0	0
PHILIP MORRIS INTL INC COM	Stock	718172109	358	3,603	SH		SOLE	0	3,603	0	0
NUCOR CORP COM	Stock	670346105	3	51	SH		SOLE	0	51	0	0
PNC FINL SVCS GROUP INC COM	Stock	693475105	19	125	SH		SOLE	0	125	0	0
BRISTOL MYERS SQUIBB CO COM	Stock	110122108	145	2,292	SH		SOLE	0	2,292	0	0
ALTRIA GROUP INC COM	Stock	02209S103	131	2,104	SH		SOLE	0	2,104	0	0
LOEWS CORP COM	Stock	540424108	4,205	84,557	SH		SOLE	0	84,556	0	0
DOMINION ENERGY INC COM	Stock	25746U109	3,878	57,510	SH		SOLE	0	57,510	0	0
CITIGROUP INC COM NEW	Stock	172967424	17	250	SH		SOLE	0	250	0	0
EXXON MOBIL CORP COM	Stock	30231G102	1,508	20,213	SH		SOLE	0	20,213	0	0
PRICE T ROWE GROUP INC COM	Stock	74144T108	16	150	SH		SOLE	0	150	0	0
LOWES COS INC COM	Stock	548661107	321	3,653	SH		SOLE	0	3,653	0	0
TWENTY FIRST CENTY FOX INC CL B	Stock	90130A200	5,147	141,519	SH		SOLE	0	141,518	0	0
ROYAL DUTCH SHELL PLC SPON ADR B	ADR	780259107	449	6,854	SH		SOLE	0	6,854	0	0
COLGATE PALMOLIVE CO COM	Stock	194162103	38	530	SH		SOLE	0	530	0	0
DEVON ENERGY CORP NEW COM	Stock	25179M103	10	300	SH		SOLE	0	300	0	0
KRAFT HEINZ CO COM	Stock	500754106	19	297	SH		SOLE	0	297	0	0
LIVE OAK BANCSHARES INC COM	Stock	53803X105	14	500	SH		SOLE	0	500	0	0
BLACKROCK INC COM	Stock	09247X101	233	430	SH		SOLE	0	430	0	0
CATALYST BIOSCIENCES INC COM NEW	Stock	14888D208	0	4	SH		SOLE	0	4	0	0
ISHARES MSCI EAFE ETF	ETF	464287465	1,158	16,621	SH		SOLE	0	16,621	0	0
APPLE INC COM	Stock	037833100	5,175	30,843	SH		SOLE	0	30,842	0	0
ABBOTT LABS COM	Stock	002824100	1,944	32,440	SH		SOLE	0	32,440	0	0
DISNEY WALT CO COM DISNEY	Stock	254687106	52	515	SH		SOLE	0	515	0	0
ISHARES RUSSELL 1000 VALUE ETF	ETF	464287598	96	800	SH		SOLE	0	800	0	0