13F-HR 1 fwsm13f063010.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 06/30/2010 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: 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: Matthew Dunn Title: Chief Compliance Officer Phone: 626 796 6622 x 119 Signature, Place, and Date of Signing: /s/ Matthew Dunn Pasadena, CA August 13, 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 Form13F Information Table Entry Total: 172 Form13F Information Table Value Total: $464,116 (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 216 58140 SH SOLE 0 58140 ACME UTD CORP COM 004816104 2872 270943 SH SOLE 71776 199167 ADVANCED PHOTONIX INC CL A 00754E107 0 30000 SH SOLE 0 30000 AMERICAN CAP LTD COM 02503Y103 220 45600 SH SOLE 0 45600 AMERICAN WTR WKS CO INC NEW COM 030420103 21957 1065877 SH SOLE 237811 828066 ANADARKO PETE CORP COM 032511107 209 5800 SH SOLE 0 5800 ANDERSONS INC COM 034164103 3968 121747 SH SOLE 0 121747 ARLINGTON ASSET INVT CORP CL A NEW 041356205 431 22865 SH SOLE 0 22865 ASTA FDG INC COM 046220109 6578 666462 SH SOLE 98561 567901 AT&T INC COM 00206R102 464 19187 SH SOLE 13505 5682 ATLANTIC TELE NETWORK INC COM NEW 049079205 23129 560024 SH SOLE 116323 443701 AXIS CAPITAL HOLDINGS SHS G0692U109 4688 157724 SH SOLE 17250 140474 BANK COMM HLDGS COM 06424J103 1493 314984 SH SOLE 314984 0 BANK OF AMERICA CORPORATION COM 060505104 1679 116833 SH SOLE 0 116833 BENIHANA INC COM 082047101 466 72642 SH SOLE 0 72642 BIOLASE TECHNOLOGY INC COM 090911108 109 72350 SH SOLE 0 72350 BLACKROCK MUNIYIELD CALIF FD COM 09254M105 157 11509 SH SOLE 11509 0 BLOCK H & R INC COM 093671105 157 10000 SH SOLE 10000 0 BOFI HLDG INC COM 05566U108 338 23970 SH SOLE 12000 11970 CARRIAGE SVCS INC COM 143905107 6371 1367102 SH SOLE 77000 1290102 CASCAL N V COM N1842P109 3370 503011 SH SOLE 89810 413201 CASH AMER INTL INC COM 14754D100 15188 443186 SH SOLE 60175 383011 CCA INDS INC COM 124867102 915 168586 SH SOLE 5500 163086 CENTER FINL CORP CALIF COM 15146E102 3310 642790 SH SOLE 479377 163413 CENTRAL GARDEN & PET CO COM 153527106 1591 167262 SH SOLE 0 167262 CENTURYLINK INC COM 156700106 4296 128961 SH SOLE 45593 83368 CHINA BAK BATTERY INC COM 16936Y100 48 27410 SH SOLE 27210 200 CHINA FD INC COM 169373107 6335 242273 SH SOLE 796 241477 CHINA FIRE & SEC GROUP INC COM 16938R103 3407 371176 SH SOLE 6250 364926 CHINA GENGSHENG MINERALS INC COM 16942P101 67 50205 SH SOLE 0 50205 CHINA HOUSING & LAND DEV INC COM 16939V103 1458 628571 SH SOLE 392612 235959 CHINA INFORMATION SEC TECH I COM 16944F101 5169 994025 SH SOLE 279400 714625 CHINA PHARMA HLDGS INC COM 16941T104 5956 2165884 SH SOLE 1072000 1093884 CHINA SEC & SURVE TECH INC COM 16942J105 193 41671 SH SOLE 34671 7000 CHINA YUCHAI INTL LTD COM G21082105 3599 233574 SH SOLE 0 233574 CHINACAST EDU CORP COM 16946T109 3076 517857 SH SOLE 309732 208125 CHINDEX INTERNATIONAL INC COM 169467107 1936 154494 SH SOLE 106857 47637 CIBER INC COM 17163B102 2420 873738 SH SOLE 258400 615338 CIGNA CORP COM 125509109 311 10000 SH SOLE 10000 0 CNA SURETY CORP COM 12612L108 1095 68130 SH SOLE 0 68130 COMMERCIAL METALS CO COM 201723103 136 10250 SH SOLE 0 10250 COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 21882 529309 SH SOLE 116840 412469 CONOCOPHILLIPS COM 20825C104 1066 21715 SH SOLE 6100 15615 CORINTHIAN COLLEGES INC COM 218868107 176 17850 SH SOLE 0 17850 CRAWFORD & CO CL A 224633206 226 92259 SH SOLE 63329 28930 CVS CAREMARK CORPORATION COM 126650100 264 9000 SH SOLE 9000 0 DISCOVER FINL SVCS COM 254709108 1396 99869 SH SOLE 0 99869 DORMAN PRODUCTS INC COM 258278100 1009 49618 SH SOLE 4205 45413 DUKE ENERGY CORP NEW COM 26441C105 1296 81000 SH SOLE 30500 50500 DUOYUAN PRTG INC COM 26605B109 4106 531857 SH SOLE 356057 175800 EAST WEST BANCORP INC COM 27579R104 6830 447842 SH SOLE 50250 397592 EDUCATIONAL DEV CORP COM 281479105 2112 383253 SH SOLE 383253 0 EF JOHNSON TECHNOLOGIES INC COM 26843B101 2726 1906141 SH SOLE 18700 1887441 ENDURANCE SPECIALTY HLDGS LT SHS G30397106 10747 286367 SH SOLE 4350 282017 EPLUS INC COM 294268107 1457 83265 SH SOLE 0 83265 EXCEED COMPANY LTD SHS G32335104 2437 370408 SH SOLE 60950 309458 EXXON MOBIL CORP COM 30231G102 382 6701 SH SOLE 0 6701 EZCORP INC CL A NON VTG 302301106 1676 90350 SH SOLE 0 90350 FIRST CASH FINL SVCS INC COM 31942D107 3249 149040 SH SOLE 0 149040 FIRST TRUST SPECIALTY FINANC COM BEN INTR 33733G109 1282 196648 SH SOLE 11900 184748 FUSHI COPPERWELD INC COM 36113E107 3206 391889 SH SOLE 250697 141192 GATX CORP COM 361448103 541 20288 SH SOLE 0 20288 GENERAL ELECTRIC CO COM 369604103 3376 234103 SH SOLE 15000 219103 GENESEE & WYO INC CL A 371559105 274 7350 SH SOLE 0 7350 GREATER CHINA FD INC COM 39167B102 2819 259778 SH SOLE 1633 258145 GRUBB & ELLIS CO COM PAR $0.01 400095204 26 26400 SH SOLE 26400 0 HANMI FINL CORP COM 410495105 344 272634 SH SOLE 93600 179034 HARBIN ELECTRIC INC COM 41145W109 14861 892563 SH SOLE 384147 508416 HARTFORD FINL SVCS GROUP INC COM 416515104 376 17000 SH SOLE 17000 0 HAWKINS INC COM 420261109 249 10340 SH SOLE 0 10340 HEALTHCARE SVCS GRP INC COM 421906108 207 10930 SH SOLE 430 10500 HEELYS INC COM 42279M107 1591 646689 SH SOLE 36449 610240 HELEN OF TROY CORP LTD COM G4388N106 606 27487 SH SOLE 0 27487 HOPFED BANCORP INC COM 439734104 1355 150000 SH SOLE 35000 115000 HORNBECK OFFSHORE SVCS INC N COM 440543106 156 10700 SH SOLE 0 10700 HORSEHEAD HLDG CORP COM 440694305 110 14500 SH SOLE 14500 0 HUMANA INC COM 444859102 1501 32875 SH SOLE 5000 27875 IMAX CORP COM 45245E109 29940 2050685 SH SOLE 445530 1605155 INDIA FD INC COM 454089103 944 31197 SH SOLE 0 31197 INNOSPEC INC COM 45768S105 5268 561639 SH SOLE 66235 495404 INTEL CORP COM 458140100 301 15500 SH SOLE 15000 500 INTERNATIONAL BUSINESS MACHS COM 459200101 370 3000 SH SOLE 3000 0 INVENTURE FOODS INC COM 461212102 2771 914390 SH SOLE 317826 596564 JAKKS PAC INC COM 47012E106 357 24798 SH SOLE 20000 4798 JAPAN EQUITY FD INC COM 471057109 122 24200 SH SOLE 1200 23000 JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 194 23298 SH SOLE 11133 12165 JINPAN INTL LTD ORD G5138L100 9765 644149 SH SOLE 149628 494521 JOHNSON & JOHNSON COM 478160104 326 5517 SH SOLE 0 5517 KIRBY CORP COM 497266106 214 5600 SH SOLE 0 5600 KOREA EQUITY FD INC COM 50063B104 233 25628 SH SOLE 2666 22962 KOREA FD COM NEW 500634209 246 7068 SH SOLE 0 7068 LANNET INC COM 516012101 203 44513 SH SOLE 0 44513 LASERCARD CORP COM 51807U101 1634 367401 SH SOLE 59752 307649 LILLY ELI & CO COM 532457108 687 20500 SH SOLE 20500 0 MAJESTIC CAPITAL LTD SHS G5760D103 177 630355 SH SOLE 0 630355 MALAYSIA FD INC COM 560905101 162 19000 SH SOLE 0 19000 MANITEX INTL INC COM 563420108 2024 1124555 SH SOLE 384500 740055 MCG CAPITAL CORP COM 58047P107 3835 793976 SH SOLE 231922 562054 MDU RES GROUP INC COM 552690109 4002 221960 SH SOLE 30150 191810 METHANEX CORP COM 59151K108 2244 113945 SH SOLE 20000 93945 METLIFE INC COM 59156R108 1359 36000 SH SOLE 30000 6000 MICROFINANCIAL INC COM 595072109 549 157200 SH SOLE 0 157200 MICROSOFT CORP COM 594918104 548 23800 SH SOLE 4000 19800 MILLER INDS INC TENN COM NEW 600551204 2347 174236 SH SOLE 6600 167636 MILLICOM INTL CELLULAR S A SHS NEW L6388F110 6778 83612 SH SOLE 16396 67216 MITCHAM INDS INC COM 606501104 1410 208204 SH SOLE 21650 186554 MOBILE MINI INC COM 60740F105 1069 65654 SH SOLE 0 65654 MONTPELIER RE HOLDINGS LTD SHS G62185106 906 60650 SH SOLE 0 60650 MOTORCAR PTS AMER INC COM 620071100 4224 662143 SH SOLE 176000 486143 NATIONAL WESTN LIFE INS CO CL A 638522102 1853 12129 SH SOLE 800 11329 NATURES SUNSHINE PRODUCTS IN COM 639027101 10013 1196259 SH SOLE 254391 941868 NETSOL TECHNOLOGIES INC COM NEW 64115A204 362 495266 SH SOLE 0 495266 NEW IRELAND FUND INC COM 645673104 89 15173 SH SOLE 0 15173 NIGHTHAWK RADIOLOGY HLDGS IN COM 65411N105 51 19650 SH SOLE 0 19650 NOKIA CORP SPONSORED ADR 654902204 205 25100 SH SOLE 25100 0 NUVEEN CA DIV ADV MUNI FD 3 COM SH BEN INT 67070Y109 1919 143518 SH SOLE 143018 500 NUVEEN CA DIV ADVANTG MUN FD COM 67069X104 415 29125 SH SOLE 28900 225 NUVEEN CA DIVIDEND ADV MUN F COM SHS 67066Y105 1391 102842 SH SOLE 102842 0 NUVEEN CA INVT QUALITY MUN F COM 67062A101 165 12100 SH SOLE 12100 0 NUVEEN CA MUN MKT OPPORTUNT COM 67062U107 263 19000 SH SOLE 19000 0 NUVEEN CA SELECT QUALITY MUN COM 670975101 510 35000 SH SOLE 35000 0 NUVEEN CALIF PERFORM PLUS MU COM 67062Q106 626 46157 SH SOLE 46157 0 NUVEEN CALIF QUALITY INCM MU COM 670985100 280 19300 SH SOLE 19300 0 NUVEEN INSD CA PREM INCOME 2 COM 67061U108 618 43182 SH SOLE 43182 0 NUVEEN INSD CALIF DIVID COM 67071M104 523 36038 SH SOLE 36038 0 OVERHILL FARMS INC COM 690212105 969 164460 SH SOLE 130014 34446 OWENS ILL INC COM NEW 690768403 8329 314894 SH SOLE 44240 270654 PACIFIC CAP BANCORP NEW COM 69404P101 49 68700 SH SOLE 68700 0 PARKER DRILLING CO COM 701081101 122 30900 SH SOLE 0 30900 PEABODY ENERGY CORP COM 704549104 391 10000 SH SOLE 10000 0 PERMA-FIX ENVIRONMENTAL SVCS COM 714157104 58 36250 SH SOLE 0 36250 PETMED EXPRESS INC COM 716382106 214 12000 SH SOLE 12000 0 PETSMART INC COM 716768106 382 12650 SH SOLE 12500 150 PFIZER INC COM 717081103 6905 484203 SH SOLE 21048 463155 PHC INC MASS CL A 693315103 311 270287 SH SOLE 0 270287 PINNACLE DATA SYS INC COM 723454104 780 820590 SH SOLE 820590 0 QC HLDGS INC COM 74729T101 501 136042 SH SOLE 0 136042 RENAISSANCERE HOLDINGS LTD COM G7496G103 9152 162649 SH SOLE 0 162649 RENESOLA LTD SPONS ADS 75971T103 2321 388694 SH SOLE 7000 381694 RENT A CTR INC NEW COM 76009N100 19718 973226 SH SOLE 162901 810325 RES-CARE INC COM 760943100 817 84597 SH SOLE 0 84597 SANFILIPPO JOHN B & SON INC COM 800422107 327 22628 SH SOLE 7700 14928 SEABRIGHT HOLDINGS INC COM 811656107 407 42900 SH SOLE 0 42900 SEARCHMEDIA HOLDINGS LTD SHS G8005Y106 199 65498 SH SOLE 5000 60498 SERVICE CORP INTL COM 817565104 6543 884129 SH SOLE 33226 850903 SHINER INTL INC COM 824568109 2157 2016129 SH SOLE 488880 1527249 SIMULATIONS PLUS INC COM 829214105 48 20010 SH SOLE 0 20010 SINGAPORE FD INC COM 82929L109 689 54700 SH SOLE 0 54700 SINOHUB INC COM 82935L101 404 154875 SH SOLE 154575 300 SPAN AMER MED SYS INC COM 846396109 450 25723 SH SOLE 25723 0 SPECTRA ENERGY CORP COM 847560109 654 32600 SH SOLE 7750 24850 STEWART ENTERPRISES INC CL A 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INTL INC COM NEW 92931L203 494 182949 SH SOLE 20000 162949 YONGYE INTL INC COM 98607B106 72 10433 SH SOLE 10433 0 YUCHENG TECHNOLOGIES LTD COM G98777108 881 243967 SH SOLE 27500 216467 ZBB ENERGY CORPORATION COM 98876R204 7 12000 SH SOLE 0 12000 ZHONGPIN INC COM 98952K107 9131 776413 SH SOLE 211225 565188