13F-HR 1 q20913f.txt FWQ20913F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 06/30/2009 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: First Wilshire Securities Management, Inc. Address: 1224 East Green Street Suite 200 Pasadena, CA 91106 13F File Number: 28-00983 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: Mitchell W. Howard Title: Chief Compliance Officer Phone: 626 796 6622 x 119 Signature, Place, and Date of Signing: /s/ Mitchell W. Howard Pasadena, CA August 13, 2009 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 Form13F Information Table Entry Total: 137 Form13F Information Table Value Total: $329,545 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 21ST CENTY HLDG CO COM 90136Q100 201 62392 SH SOLE 0 62392 AIR TRANSPORT SERVICES GRP I COM 00922R105 119 50680 SH SOLE 0 50680 ALLIED CAP CORP NEW COM 01903Q108 647 185884 SH SOLE 23300 162584 AMERICAN WTR WKS CO INC NEW COM 030420103 19580 1024612 SH SOLE 237311 787301 ANDERSONS INC COM 034164103 3874 129394 SH SOLE 0 129394 ARLINGTON ASSET INVT CORP COM 041356106 187 492590 SH SOLE 0 492590 ASTA FDG INC COM 046220109 3758 697288 SH SOLE 98561 598727 AT&T INC COM 00206R102 228 9187 SH SOLE 3505 5682 ATLANTIC TELE NETWORK INC COM NEW 049079205 24352 619792 SH SOLE 119648 500144 AXIS CAPITAL HOLDINGS SHS G0692U109 4731 180715 SH SOLE 17250 163465 BANK OF AMERICA CORPORATION COM 060505104 1642 124371 SH SOLE 0 124371 BENIHANA INC COM 082047101 569 80742 SH SOLE 0 80742 BOOTS & COOTS/INTL WELL CTRL COM NEW 099469504 206 148200 SH SOLE 0 148200 CARRIAGE SVCS INC COM 143905107 5033 1409897 SH SOLE 77000 1332897 CASCAL N V COM N1842P109 440 117300 SH SOLE 0 117300 CASH AMER INTL INC COM 14754D100 10319 441178 SH SOLE 60175 381003 CCA INDS INC COM 124867102 421 133289 SH SOLE 5500 127789 CENTER FINL CORP CALIF COM 15146E102 443 175917 SH SOLE 0 175917 CENTRAL GARDEN & PET CO COM 153527106 2069 188624 SH SOLE 0 188624 CENTURYTEL INC COM 156700106 622 14800 SH SOLE 0 14800 CHINA BAK BATTERY INC COM 16936Y100 539 182715 SH SOLE 174015 8700 CHINA FD INC COM 169373107 6089 290251 SH SOLE 796 289455 CHINA FIRE & SEC GROUP INC COM 16938R103 3895 320037 SH SOLE 6250 313787 CHINA HOUSING & LAND DEV INC COM 16939V103 3735 648481 SH SOLE 398901 249580 CHINA INFORMATION SEC TECH I COM 16944F101 1494 522360 SH SOLE 20000 502360 CHINA SEC & SURVE TECH INC COM 16942J105 177 23421 SH SOLE 23171 250 CHINA SKY ONE MED INC COM 16941P102 479 35500 SH SOLE 35500 0 CHINA YUCHAI INTL LTD COM G21082105 1758 245174 SH SOLE 0 245174 CHINACAST EDU CORP COM 16946T109 4609 642882 SH SOLE 427802 215080 CHINDEX INTERNATIONAL INC COM 169467107 1383 111781 SH SOLE 63544 48237 CIBER INC COM 17163B102 2852 920063 SH SOLE 258400 661663 CIGNA CORP COM 125509109 241 10000 SH SOLE 10000 0 CNA SURETY CORP COM 12612L108 152 11300 SH SOLE 0 11300 COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 5945 198225 SH SOLE 33340 164885 CONOCOPHILLIPS COM 20825c104 1170 27815 SH SOLE 12200 15615 CORINTHIAN COLLEGES INC COM 218868107 355 20950 SH SOLE 0 20950 CRAWFORD & CO CL A 224633206 340 93159 SH SOLE 63329 29830 CRM HOLDINGS LTD COM G2554P103 809 674061 SH SOLE 0 674061 DISCOVER FINL SVCS COM 254709108 1169 113800 SH SOLE 0 113800 DORMAN PRODUCTS INC COM 258278100 697 50363 SH SOLE 4205 46158 DUKE ENERGY CORP NEW COM 26441C105 1201 82300 SH SOLE 30500 51800 EAST WEST BANCORP INC COM 27579R104 2882 444138 SH SOLE 50250 393888 EF JOHNSON TECHNOLOGIES INC COM 26843B101 1218 1932710 SH SOLE 22700 1910010 ENDURANCE SPECIALTY HLDGS LT SHS G30397106 9608 327929 SH SOLE 4350 323579 EPLUS INC COM 294268107 1297 88996 SH SOLE 0 88996 EXPRESS 1 EXPEDITED SOLUTION COM 30217Q108 79 90500 SH SOLE 90000 500 EZCORP INC CL A NON VTG 302301106 1115 103450 SH SOLE 0 103450 FIRST CASH FINL SVCS INC COM 31942D107 2846 162462 SH SOLE 0 162462 FIRST TRUST SPECIALTY FINANC COM BEN INTR 33733G109 861 189146 SH SOLE 11900 177246 FUSHI COPPERWELD INC COM 36113E107 3090 373689 SH SOLE 250697 122992 GARMIN LTD ORD G37260109 2415 101383 SH SOLE 2000 99383 GATX CORP COM 361448103 540 21013 SH SOLE 0 21013 GENERAL ELECTRIC CO COM 369604103 2671 227943 SH SOLE 15700 212243 GREATER CHINA FD INC COM 39167B102 2560 229559 SH SOLE 7356 222203 GREEN MTN COFFEE ROASTERS IN COM 393122106 266 4500 SH SOLE 0 4500 GRUBB & ELLIS CO COM PAR $0.01 400095204 21 26400 SH SOLE 26400 0 HANMI FINL CORP COM 410495105 358 204336 SH SOLE 46800 157536 HARBIN ELECTRIC INC COM 41145W109 16125 1031003 SH SOLE 434688 596315 HARRINGTON WEST FINL GROUP I COM 41383L104 21 11591 SH SOLE 11391 200 HARTFORD FINL SVCS GROUP INC COM 416515104 202 17000 SH SOLE 17000 0 HAWKINS INC COM 420261109 233 10340 SH SOLE 0 10340 HEALTHCARE SVCS GRP INC COM 421906108 195 10930 SH SOLE 430 10500 HEELYS INC COM 42279M107 1345 676126 SH SOLE 36449 639677 HELEN OF TROY CORP LTD COM G4388N106 502 29887 SH SOLE 0 29887 HORSEHEAD HLDG CORP COM 440694305 108 14500 SH SOLE 14500 0 HUMANA INC COM 444859102 1102 34175 SH SOLE 5000 29175 IMAX CORP COM 45245E109 23930 2947015 SH SOLE 510030 2436985 INNOSPEC INC COM 45768S105 6379 593402 SH SOLE 99135 494267 INTERNATIONAL ABSORBENTS INC COM NO PAR 45885E203 2877 904638 SH SOLE 54283 850355 INVITEL HLDGS A/S ADS 46186X106 2166 328190 SH SOLE 29300 298890 JAKKS PAC INC COM 47012E106 337 26298 SH SOLE 20000 6298 JAPAN EQUITY FD INC COM 471057109 129 26200 SH SOLE 1200 25000 JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 179 24298 SH SOLE 11133 13165 JINPAN INTL LTD ORD G5138L100 9372 327686 SH SOLE 74814 252872 KOREA EQUITY FD INC COM 50063B104 181 26694 SH SOLE 2666 24028 LANNET INC COM 516012101 0 21100 SH SOLE 0 21100 MALAYSIA FD INC COM 560905101 119 18800 SH SOLE 0 18800 MANITEX INTL INC COM 563420108 455 528950 SH SOLE 375000 153950 MCG CAPITAL CORP COM 58047P107 1529 629206 SH SOLE 231922 397284 MDU RES GROUP INC COM 552690109 4343 228936 SH SOLE 30150 198786 MEDIFAST INC COM 58470H101 172 15000 SH SOLE 15000 0 METHANEX CORP COM 59151K108 1397 114145 SH SOLE 20000 94145 METLIFE INC COM 59156R108 1080 36000 SH SOLE 30000 6000 MICROFINANCIAL INC COM 595072109 596 163200 SH SOLE 0 163200 MILLER INDS INC TENN COM NEW 600551204 1676 190424 SH SOLE 6600 183824 MILLICOM INTL CELLULAR S A SHS NEW L6388F110 4984 88587 SH SOLE 16396 72191 MITCHAM INDS INC COM 606501104 1126 217035 SH SOLE 21650 195385 MOBILE MINI INC COM 60740F105 955 65088 SH SOLE 0 65088 MONTPELIER RE HOLDINGS LTD SHS G62185106 991 74600 SH SOLE 0 74600 MOTORCAR PTS AMER INC COM 620071100 2002 513254 SH SOLE 106000 407254 NATIONAL WESTN LIFE INS CO CL A 638522102 339 2901 SH SOLE 800 2101 NETSOL TECHNOLOGIES INC COM NEW 64115A204 267 430585 SH SOLE 0 430585 NEW IRELAND FUND INC COM 645673104 108 16750 SH SOLE 0 16750 NIGHTHAWK RADIOLOGY HLDGS IN COM 65411N105 73 19800 SH SOLE 0 19800 NOKIA CORP SPONSORED ADR 654902204 370 25400 SH SOLE 25100 300 NORTHERN TECH INTL CORP COM 665809109 194 24500 SH SOLE 14800 9700 NUVEEN CA DIV ADV MUNI FD 3 COM SH BEN INT 67070Y109 1446 138518 SH SOLE 138018 500 NUVEEN CA DIV ADVANTG MUN FD COM 67069X104 328 28900 SH SOLE 28900 0 NUVEEN CA DIVIDEND ADV MUN F COM SHS 67066Y105 1078 99842 SH SOLE 99842 0 NUVEEN CA SELECT QUALITY MUN COM 670975101 405 35000 SH SOLE 35000 0 NUVEEN CALIF PERFORM PLUS MU COM 67062Q106 114 10157 SH SOLE 10157 0 OVERHILL FARMS INC COM 690212105 722 137014 SH SOLE 130014 7000 OWENS ILL INC COM NEW 690768403 9278 331239 SH SOLE 44240 286999 PEABODY ENERGY CORP COM 704549104 302 10000 SH SOLE 10000 0 PERMA-FIX ENVIRONMENTAL SVCS COM 714157104 0 36250 SH SOLE 0 36250 PFIZER INC COM 717081103 10572 704777 SH SOLE 183398 521379 PHC INC MASS CL A 693315103 384 274287 SH SOLE 0 274287 PINNACLE DATA SYS INC COM 723454104 394 820590 SH SOLE 820590 0 PRO-DEX INC COLO COM 74265M106 488 1109521 SH SOLE 43345 1066176 QC HLDGS INC COM 74729T101 950 184816 SH SOLE 23355 161461 RENESOLA LTD SPONS ADS 75971T103 2124 377295 SH SOLE 60000 317295 RENT A CTR INC NEW COM 76009N100 16224 909907 SH SOLE 145803 764104 SEABRIGHT INSURANCE HLDGS IN COM 811656107 448 44200 SH SOLE 0 44200 SEAGATE TECHNOLOGY SHS G7945J104 2764 264238 SH SOLE 500 263738 SERVICE CORP INTL COM 817565104 5073 925796 SH SOLE 33226 892570 SHINER INTL INC COM 824568109 1603 1635671 SH SOLE 468980 1166691 SIMULATIONS PLUS INC COM 829214105 30 20010 SH SOLE 0 20010 SINGAPORE FD INC COM 82929L109 605 60400 SH SOLE 0 60400 SPECTRA ENERGY CORP COM 847560109 554 32750 SH SOLE 7750 25000 STARLIMS TECHNOLOGIES LTD SHS M8484K109 829 106326 SH SOLE 0 106326 STEWART ENTERPRISES INC CL A 860370105 87 18000 SH SOLE 18000 0 SUTOR TECH GROUP LTD COM 869362103 328 100434 SH SOLE 100434 0 SUTRON CORP COM 869380105 605 103372 SH SOLE 0 103372 TELESTONE TECHNOLOGIES CORP COM 87953J102 257 64635 SH SOLE 64135 500 THAI CAP FD INC COM NEW 882905201 1918 216717 SH SOLE 2000 214717 TRANSCEND SERVICES INC COM NEW 893929208 824 51999 SH SOLE 0 51999 TRAVELERS COMPANIES INC COM 89417E109 7174 174796 SH SOLE 34546 140250 TUPPERWARE BRANDS CORP COM 899896104 13662 525039 SH SOLE 42200 482839 UCBH HOLDINGS INC COM 90262T308 25 20097 SH SOLE 0 20097 UNITIL CORP COM 913259107 1591 77150 SH SOLE 0 77150 UNIVERSAL POWER GROUP INC COM 913788105 232 106286 SH SOLE 0 106286 VILLAGE BK & TR FINANCIAL CO COM 92705T101 56 12000 SH SOLE 12000 0 WILSHIRE BANCORP INC COM 97186T108 4241 737545 SH SOLE 88400 649145 WPCS INTL INC COM NEW 92931L203 136 41796 SH SOLE 0 41796 YUCHENG TECHNOLOGIES LTD COM G98777108 742 86975 SH SOLE 8500 78475 ZBB ENERGY CORPORATION COM 98876R204 0 12000 SH SOLE 0 12000 ZHONGPIN INC COM 98952K107 2436 235175 SH SOLE 140625 94550