UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2010 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Univest National Bank and Trust Co. Address: 14 North Main Street Souderton, PA 18964 13F File Number: 028-03779 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Gerald L. Hill Title: Corporate Trust Officer Phone: (215) 703-4362 Signature, Place, and Date of Signing: /s/ Gerald Hill Souderton, PA May 10, 2010 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 68 Form 13F Information Table Value Total: $157,732 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABBOTT LABS COM 002824100 2131 40459 SH OTHER 40459 0 0 ADOBE SYS INC COM 00724F101 2391 67602 SH OTHER 67602 0 0 AETNA INC NEW COM 00817Y108 1758 50057 SH OTHER 50057 0 0 AIR PRODS & CHEMS INC COM 009158106 2220 30021 SH OTHER 30021 0 0 ALLSTATE CORP COM 020002101 2619 81068 SH OTHER 81068 0 0 AMGEN INC COM 031162100 2057 34371 SH OTHER 34371 0 0 ANADARKO PETE CORP COM 032511107 2615 35911 SH OTHER 35911 0 0 APACHE CORP COM 037411105 2381 23460 SH OTHER 23460 0 0 APPLE INC COM 037833100 3431 14599 SH OTHER 14599 0 0 AT&T INC COM 00206R102 2305 89193 SH OTHER 89193 0 0 BANK OF AMERICA CORPORATION COM 060505104 249 13958 SH SOLE 13958 0 0 BB&T CORP COM 054937107 737 22769 SH OTHER 22769 0 0 BECTON DICKINSON & CO COM 075887109 2155 27366 SH OTHER 27366 0 0 CAPITAL ONE FINL CORP COM 14040H105 2353 56812 SH OTHER 56812 0 0 CATERPILLAR INC DEL COM 149123101 2502 39808 SH OTHER 39808 0 0 CHEVRON CORP NEW COM 166764100 247 3254 SH OTHER 3254 0 0 CISCO SYS INC COM 17275R102 2864 110034 SH OTHER 110034 0 0 COMCAST CORP NEW CL A SPL 20030N200 1467 81636 SH OTHER 81636 0 0 CONOCOPHILLIPS COM 20825C104 2331 45548 SH OTHER 45548 0 0 CVS CAREMARK CORPORATION COM 126650100 2538 69420 SH OTHER 69420 0 0 DISNEY WALT CO COM DISNEY 254687106 2286 65484 SH OTHER 65484 0 0 E M C CORP MASS COM 268648102 2270 125856 SH OTHER 125856 0 0 EATON CORP COM 278058102 492 6494 SH SOLE 6494 0 0 EXELON CORP COM 30161N101 3116 71131 SH OTHER 71131 0 0 EXXON MOBIL CORP COM 30231G102 4284 63963 SH OTHER 63963 0 0 FRANKLIN RES INC COM 354613101 2652 23912 SH OTHER 23912 0 0 GENERAL ELECTRIC CO COM 369604103 2825 155228 SH OTHER 155228 0 0 GENERAL MLS INC COM 370334104 2311 32646 SH OTHER 32646 0 0 GILEAD SCIENCES INC COM 375558103 1892 41609 SH OTHER 41609 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 370 9609 SH OTHER 9609 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 2551 14953 SH OTHER 14953 0 0 HALLIBURTON CO COM 406216101 2562 85015 SH OTHER 85015 0 0 HARLEYSVILLE NATL CORP PA COM 412850109 268 40003 SH SOLE 40003 0 0 HARLEYSVILLE SVGS FINL CORP COM 412865107 160 11669 SH OTHER 11669 0 0 HEWLETT PACKARD CO COM 428236103 2630 49474 SH OTHER 49474 0 0 HOME DEPOT INC COM 437076102 2267 70088 SH OTHER 70088 0 0 HONEYWELL INTL INC COM 438516106 2482 54836 SH OTHER 54836 0 0 INTEL CORP COM 458140100 2710 121567 SH OTHER 121567 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 3000 23392 SH OTHER 23392 0 0 JOHNSON & JOHNSON COM 478160104 2253 34560 SH OTHER 34560 0 0 KIMBERLY CLARK CORP COM 494368103 2316 36836 SH OTHER 36836 0 0 L-3 COMMUNICATIONS HLDGS INC COM 502424104 2143 23392 SH OTHER 23392 0 0 MCDONALDS CORP COM 580135101 2016 30211 SH OTHER 30211 0 0 MCGRAW HILL COS INC COM 580645109 1542 43263 SH OTHER 43263 0 0 MERCK & CO INC NEW COM 58933Y105 348 9307 SH OTHER 9307 0 0 MORGAN STANLEY COM NEW 617446448 2612 89187 SH OTHER 89187 0 0 NATIONAL PENN BANCSHARES INC COM 637138108 95 13837 SH SOLE 13837 0 0 NIKE INC CL B 654106103 2217 30162 SH OTHER 30162 0 0 NORFOLK SOUTHERN CORP COM 655844108 2476 44293 SH OTHER 44293 0 0 ORACLE CORP COM 68389X105 2769 107702 SH OTHER 107702 0 0 PARKER HANNIFIN CORP COM 701094104 350 5400 SH SOLE 5400 0 0 PEPSICO INC COM 713448108 2435 36811 SH OTHER 36811 0 0 PNC FINL SVCS GROUP INC COM 693475105 796 13328 SH OTHER 13328 0 0 POTASH CORP SASK INC COM 73755L107 1918 16073 SH OTHER 16073 0 0 POWERSHARES ETF TRUST FINL PFD PTFL 73935X229 380 21900 SH SOLE 21900 0 0 PPL CORP COM 69351T106 3636 131218 SH OTHER 131218 0 0 PROCTER & GAMBLE CO COM 742718109 2902 45873 SH OTHER 45873 0 0 QUALCOMM INC COM 747525103 2898 69073 SH OTHER 69073 0 0 SCHLUMBERGER LTD COM 806857108 2317 36506 SH OTHER 36506 0 0 SELECTIVE INS GROUP INC COM 816300107 575 34660 SH SOLE 34660 0 0 STATE STR CORP COM 857477103 2314 51263 SH OTHER 51263 0 0 STRYKER CORP COM 863667101 1364 23836 SH OTHER 23836 0 0 SYSCO CORP COM 871829107 2454 83189 SH OTHER 83189 0 0 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 1714 27169 SH OTHER 27169 0 0 UNITED TECHNOLOGIES CORP COM 913017109 2503 34009 SH OTHER 34009 0 0 UNIVEST CORP PA COM 915271100 21200 1134296 SH OTHER 1134296 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 2160 69645 SH OTHER 69645 0 0 WELLS FARGO & CO NEW COM 949746101 2550 81948 SH OTHER 81948 0 0