13F-HR 1 f13f2004-03.txt FORM 13F FOR MARCH 31, 2004 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2003 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: 600 S. Lake Avenue, Suite 100 Pasadena, CA 91106 13F File Number: 028-00983 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: Scott W. Hood Title: President Phone: (800) 858-0679 Signature, Place, and Date of Signing: /s/ Scott W. Hood Pasadena, CA Date May 14, 2004 -------------------------------------------------------------------------------- Report Type (Check only one.): |X| 13F HOLDINGS REPORT. |_| 13F NOTICE. |_| 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: Form 13F Information Table Entry Total: 110 Form 13F Information Table Value Total: $175,487,000 List of Other Included Managers: No. 13F File Number Name 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABLE Lab Inc New COM 00371N407 399 20500 SH SOLE 1000 19500 Abx Air Inc COM 00080S101 316 49810 SH SOLE 49810 Ace Cash Express COM 4403101 3355 111300 SH SOLE 3200 108100 ACLN LTD COM MO1764105 3 344615 SH SOLE 187489 157126 American Ecology Corp. COM 25533407 257 29900 SH SOLE 29900 American Physicians COM 2882108 3284 243463 SH SOLE 4000 239463 Andersons Inc COM 34164103 7136 379550 SH SOLE 29900 349650 Aquila Inc COM 03840P102 869 184400 SH SOLE 1000 183400 Asta Funding Inc COM 46220109 5522 288200 SH SOLE 9600 278600 AT&T Corp. New COM 1957109 440 22500 SH SOLE 17500 5000 Atlantic Tele Network COM 49079205 4300 138700 SH SOLE 16300 122400 BeniHana COM 82047101 220 12200 SH SOLE 12200 Beverly Enterprises COM 87851309 358 56000 SH SOLE 56000 Block H & R Inc COM 93671105 204 4000 SH SOLE 4000 0 Bonso Electric Intl Inc COM 98529308 284 43400 SH SOLE 43400 Carlisle Hldgs. Ltd. COM P21277101 7301 1123200 SH SOLE 38400 1084800 Carriage Services Inc COM 143905107 6534 1314640 SH SOLE 79600 1235040 Center Finl Corp Calif COM 15146E102 8293 520596 SH SOLE 7760 512836 Central Pac Finl Corp. COM 154760102 295 9900 SH SOLE 9900 Chindex Intl Inc COM 169467107 283 28000 SH SOLE 28000 0 Cleco Corp New COM 12561W105 219 11500 SH SOLE 11500 Consumer Port Svcs Inc COM 210502100 99 30400 SH SOLE 1700 28700 Crown Pac Partners LP COM 228439105 28 313702 SH SOLE 313702 CTI Inds Corp New COM 125961300 340 122182 SH SOLE 11518 110664 Department 56 Inc COM 249509100 414 28000 SH SOLE 4000 24000 Duke Energy Corp COM 264399106 2043 90400 SH SOLE 19500 70900 East West Bancorp Inc COM 27579R104 3214 57400 SH SOLE 57400 Educational Dev Corp. COM 281479105 620 60500 SH SOLE 30000 30500 Eplus Inc COM 294268107 454 35000 SH SOLE 35000 Ezcorp Inc COM 302301106 8851 860200 SH SOLE 64700 795500 First Cash Financial Service COM 31942D107 3681 109000 SH SOLE 4600 104400 First Intl Bank COM 32054G102 223 247760 SH SOLE 82760 165000 Fresh Delmonte COM G36738105 7285 282816 SH SOLE 28100 254716 Geo Group Inc COM 929798106 253 11000 SH SOLE 1000 10000 Greater Bay Bancorp COM 391648102 336 11500 SH SOLE 1000 10500 Greater China Fund Inc. COM 39167B102 1720 107500 SH SOLE 3200 104300 Gulfterra Energy Partners Ltd COM 28368B102 388 9100 SH SOLE 5800 3300 Gundle Environmental Sys inc. COM 402809107 348 18900 SH SOLE 1500 17400 Hanmi Bank COM 410495105 1861 69734 SH SOLE 69734 Hanover Foods Cl A COM 41078W100 296 3212 SH SOLE 3212 Headwaters Inc COM 42210P102 2474 96580 SH SOLE 13000 83580 Hemacare Corp COM 423498104 60 76000 SH SOLE 76000 0 Horizon Health Corp COM 44041Y104 4143 182493 SH SOLE 18000 164493 Humana Inc COM 444859102 354 18600 SH SOLE 500 18100 Imax Corp. COM 45245E109 825 140100 SH SOLE 2300 137800 Intl Displayworks Inc COM 459412102 3889 571067 SH SOLE 202300 368767 Iris International Inc COM 46270W105 253 41200 SH SOLE 41200 0 Jakks Pacific COM 47012E106 622 41500 SH SOLE 1025 40475 Jinpan Intl Ltd COM G5138L100 1657 254500 SH SOLE 5000 249500 Korean Equity Fd COM 50063B104 76 14000 SH SOLE 14000 Lo Jack Corp. COM 539451104 917 120812 SH SOLE 5000 115812 Lowrance Electronics Inc COM 548900109 1349 61982 SH SOLE 1150 60832 Merisel Inc. COM 589849306 489 93700 SH SOLE 2700 91000 Methanex Corp COM 59151K108 2755 245985 SH SOLE 4000 241985 MetLife Inc COM 59156R108 250 7000 SH SOLE 5000 2000 Mirant Corp. COM 604675108 6 16000 SH SOLE 16000 Mitcham Inds. Inc. COM 606501104 3652 737736 SH SOLE 59294 678442 Mobile Mini Inc. COM 6074OF105 619 35800 SH SOLE 5500 30300 Monsanto COM 61166W101 543 14800 SH SOLE 14800 Motorcar Parts & Accessories COM 620071100 2296 275000 SH SOLE 8500 266500 National Med Health Card Sys I COM 636918302 369 14500 SH SOLE 800 13700 Natl Western Life Ins COM 638522102 790 5275 SH SOLE 1500 3775 Natures Sunshine Products COM 639027101 13763 927411 SH SOLE 108810 818601 Nautilus Group Inc COM 63910B102 213 13500 SH SOLE 13500 Netguru Inc COM 64111K107 1279 830274 SH SOLE 91000 739274 Nuveen Ca Quality IncMuni COM 670985100 362 23150 SH SOLE 17150 6000 Nuveen Calf Perform Plus COM 67062Q106 285 18900 SH SOLE 18900 0 Nuveen Calif Div Adv COM 67070Y109 409 29700 SH SOLE 29700 0 Nuveen Calif Divid Adv Mun Fd COM 67069X104 200 13900 SH SOLE 9500 4400 Nuveen Calif Mun Adv Fd COM 67066Y105 580 37450 SH SOLE 32450 5000 Nuveen Calif Select Qty COM 670975101 830 53839 SH SOLE 48839 5000 Ocean Bio-Chem COM 674631106 264 157167 SH SOLE 36829 120338 Octel Corp COM 675727101 2657 89000 SH SOLE 1500 87500 Omega Protein Corp COM 68210P107 102 14000 SH SOLE 14000 Orthodontic Ctrs Amer COM 68750P103 2500 316416 SH SOLE 48300 268116 Owens Ill Inc Conv Pfd COM 690768502 554 16300 SH SOLE 16300 Owens Illinois Inc COM 690768403 1689 120500 SH SOLE 5900 114600 Paula Financial Del COM 703588103 1008 279985 SH SOLE 279985 Pediatric Svcs America COM 705323103 1925 140594 SH SOLE 5600 134994 Perma Fix Environmental COM 714157104 93 41250 SH SOLE 41250 0 PMA Cap Corp Cl A COM 693419202 203 33400 SH SOLE 33400 Precis Inc COM 740184106 112 30000 SH SOLE 30000 0 Q.E.P. CO INC COM 74727K102 2430 149999 SH SOLE 149999 R & B Inc. COM 749124103 740 40000 SH SOLE 2000 38000 Radio Logics COM 75040K109 201 57800 SH SOLE 5000 52800 RTWI Inc COM 74974R206 1227 177775 SH SOLE 2900 174875 Rural/Metro Corp COM 781748108 135 73050 SH SOLE 2000 71050 Russell Corp COM 782352108 1167 63900 SH SOLE 1000 62900 San Filippo John B & Son Inc COM 800422107 2620 71400 SH SOLE 6000 65400 Sand Technologies Inc CL A COM 799774302 28 25310 SH SOLE 25310 Scientific Learning Corp COM 808760102 123 20000 SH SOLE 20000 0 Service Corp Intl Sub Note COM 817565AU8 888 807000 PRN SOLE 757000 50000 Service Corp Intl. COM 817565104 8843 1183850 SH SOLE 75350 1108500 Sherwin Brands Inc COM 82437L104 1979 439700 SH SOLE 14000 425700 SM&A COM 78465D105 299 27200 SH SOLE 27200 St. Paul Companies Inc COM 792860108 660 16500 SH SOLE 16500 0 Standard Mgmt Corp COM 853612109 157 42200 SH SOLE 42200 Superconductor Tech Inc. COM 867931107 76 33000 SH SOLE 33000 Talk Amer Hldgs Inc New COM 87426R202 1175 139500 SH SOLE 3200 136300 Transpor Inc. COM 893885103 492 98300 SH SOLE 98300 Travelers PPTY Casualty Corp COM 89420G109 6255 364709 SH SOLE 30100 334609 Trover Solutions Inc COM 897249108 545 78500 SH SOLE 4800 73700 Tupperware Corp. COM 899896104 410 23000 SH SOLE 1000 22000 United Amer Healthcare Corp COM 90934C105 79 15080 SH SOLE 500 14580 US Liquid Inc. COM 902974104 3 180000 SH SOLE 180000 Video Display Corp COM 926555103 317 21100 SH SOLE 21100 Vita Foods Products Inc COM 928450105 177 31400 SH SOLE 31400 Warrantech Corp. COM 934648304 353 356400 SH SOLE 85900 270500 Whole Living Inc COM 96683U105 11 30000 SH SOLE 30000 0 Wilshire St Bk Calif COM 97200A101 4361 181710 SH SOLE 5000 176710