13F-HR 1 f13f2005-09.txt FORM 13F FOR SEPTEMBER 2005 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2005 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: 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 November 15, 2005 -------------------------------------------------------------------------------- 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: 141 Form 13F Information Table Value Total: $300,158,000 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 21st Century Hldg Co COM 90136Q100 3673 272310 SH SOLE 17000 255310 Abx Air Inc COM 00080S101 466 56810 SH SOLE 19810 37000 Ace Cash Express COM 4403101 2904 148830 SH SOLE 10600 138230 Agco Corp COM 1084102 1010 55500 SH SOLE 55500 Allied Capital Corp New COM 01903Q108 5406 188836 SH SOLE 27600 161236 American Physicians COM 2882108 2789 228018 SH SOLE 9900 218118 American Water Star Inc COM 30409106 24 100000 SH SOLE 100000 0 Andersons Inc COM 34164103 12160 415300 SH SOLE 23200 392100 Aquila Inc COM 03840P102 40 10000 SH SOLE 10000 Asconi Corp New COM 04363Q204 106 129100 SH SOLE 50900 78200 Asta Funding Inc COM 46220109 11146 367140 SH SOLE 16500 350640 AT&T Corp. New COM 1957109 731 36900 SH SOLE 9650 27250 Atlantic Tele Network COM 49079205 6395 192630 SH SOLE 18600 174030 BB Holdings Limited COM P21277101 8479 1263497 SH SOLE 58300 1205197 BeniHana COM 82047101 181 10200 SH SOLE 10200 Beverly Enterprises COM 87851309 1394 113800 SH SOLE 5000 108800 Bradley Pharmaceuticals Inc COM 104576103 130 11900 SH SOLE 11900 0 Carlisle Group Ltd Ord COM P21241107 1320 498197 SH SOLE 23120 475077 Carriage Services Inc COM 143905107 9384 1480140 SH SOLE 158600 1321540 Cash America Intl Inc COM 14754D100 5173 249300 SH SOLE 25000 224300 Center Finl Corp Calif COM 15146E102 2028 86284 SH SOLE 86284 China Bak Battery, Inc COM 16936Y100 3528 478083 SH SOLE 478083 0 China Fund Inc. COM 169373107 1456 56100 SH SOLE 500 55600 Chindex Intl Inc COM 169467107 1025 296365 SH SOLE 278165 18200 Cleco Corp New COM 12561W105 259 11000 SH SOLE 11000 Comtech Group Inc COM 205821200 359 60000 SH SOLE 60000 0 Consumer Port Svcs Inc COM 210502100 141 28400 SH SOLE 1700 26700 Deli Solar USA COM 24688L102 1300 371524 SH SOLE 371524 0 Department 56 Inc COM 249509100 288 23000 SH SOLE 1000 22000 Direct General Corp COM 25456W204 6510 329955 SH SOLE 20000 309955 Discovery Bancorp COM 00025470B 332 21242 SH SOLE 21242 0 Duke Energy Corp COM 264399106 2456 84200 SH SOLE 19500 64700 East West Bancorp Inc COM 27579R104 3863 113495 SH SOLE 113495 Eden Bioscience Corp COM 279445100 13 16885 SH SOLE 16885 0 Edison International COM 281020107 236 5000 SH SOLE 5000 0 Educational Dev Corp. COM 281479105 251 27000 SH SOLE 25000 2000 EFJ Inc COM 26843B101 412 40000 SH SOLE 4000 36000 Enterprise Products Partners COM 293792107 410 16290 SH SOLE 10498 5792 Eplus Inc COM 294268107 737 56575 SH SOLE 56575 Excelligence Learning COM 300684107 521 78599 SH SOLE 9599 69000 Ezcorp Inc COM 302301106 1777 110650 SH SOLE 600 110050 First Cash Financial Service COM 31942D107 1088 41350 SH SOLE 200 41150 First Regional Bancorp COM 33615C101 394 5000 SH SOLE 5000 0 First Vietnamese American Bank COM 337468102 235 22000 SH SOLE 22000 0 Fresh Delmonte COM G36738105 3746 137635 SH SOLE 7600 130035 Friedman Billings Ramsey Group COM 358434108 774 75971 SH SOLE 1000 74971 Gander Mountain Company COM 36471P108 1164 129500 SH SOLE 129500 Geo Group Inc COM 929798106 265 10000 SH SOLE 1000 9000 Global Aircraft Solutions COM 378964100 17 11000 SH SOLE 11000 0 Global Oceanic Carriers LTD St COM G39768109 150 78000 SH SOLE 78000 0 Great American Finl Res Inc COM 389915109 842 42100 SH SOLE 100 42000 Greater Bay Bancorp COM 391648102 246 10000 SH SOLE 1000 9000 Greater China Fund Inc. COM 39167B102 2018 120600 SH SOLE 9300 111300 Hanmi Bank COM 410495105 2251 125410 SH SOLE 125410 Hanover Foods Cl A COM 41078W100 426 3612 SH SOLE 3612 0 Harbin Electric Inc COM 41145W109 6843 1610115 SH SOLE 537333 1072782 Healthcare Svcs Group COM 421906103 251 13049 SH SOLE 337 12712 Hemacare Corp COM 423498104 111 76000 SH SOLE 76000 0 Heng Tai Consumables Group Ltd COM G44035106 435 3110000 SH SOLE 3110000 0 Humana Inc COM 444859102 901 18825 SH SOLE 500 18325 Hungarian Tel & Cable Corp COM 445542103 7438 496533 SH SOLE 40798 455735 Imagenetix Inc COM 45247F104 595 233500 SH SOLE 9600 223900 Imax Corp. COM 45245E109 1570 150500 SH SOLE 5500 145000 International Display Works Re COM 459412102 633 106517 SH SOLE 106517 0 Intl Absorbents Inc New COM 45885E203 1224 379000 SH SOLE 15600 363400 ITLA Capital Corp COM 450565106 991 18885 SH SOLE 18885 Itron Corp. COM 465741106 6164 134987 SH SOLE 10921 124066 Jakks Pacific COM 47012E106 484 29798 SH SOLE 20075 9723 Japan Equity Fund Inc COM 471057109 233 27000 SH SOLE 27000 Japan Smaller Capitalization F COM 47109U104 272 15500 SH SOLE 5500 10000 Jilin Chem Indl Ltd COM 477418107 429 13900 SH SOLE 2000 11900 Jinpan Intl Ltd COM G5138L100 1874 309756 SH SOLE 9200 300556 Korean Equity Fd COM 50063B104 173 20500 SH SOLE 2000 18500 Landec Corp COM 514766104 783 107086 SH SOLE 12000 95086 Lo Jack Corp. COM 539451104 1580 74738 SH SOLE 6000 68738 Lone Star Tech COM 542312103 3661 65850 SH SOLE 150 65700 Lowrance Electronics Inc COM 548900109 14693 580769 SH SOLE 41235 539534 Lyondell Chemical Corp COM 552078107 6892 240810 SH SOLE 19610 221200 Malaysia Fund Inc COM 560905101 168 28600 SH SOLE 2000 26600 Management Network Grp COM 561693102 26 10000 SH SOLE 10000 0 MDU Resources Group Inc COM 552690109 7330 205600 SH SOLE 24400 181200 Mercury Air Group Inc. COM 589354406 48 13200 SH SOLE 13200 Merisel Inc. COM 589849306 1631 214597 SH SOLE 39978 174619 Methanex Corp COM 59151K108 3357 225785 SH SOLE 24000 201785 MetLife Inc COM 59156R108 987 19800 SH SOLE 13800 6000 MFRI Inc COM 552721102 250 37743 SH SOLE 37743 Michael Baker Corp COM 057149106 326 12500 SH SOLE 1000 11500 Mirant Corp. COM 604675108 23 16000 SH SOLE 16000 Mitcham Inds. Inc. COM 606501104 16684 1463532 SH SOLE 145839 1317693 Mobile Mini Inc. COM 6074OF105 1470 33900 SH SOLE 5600 28300 Monsanto COM 61166W101 533 8500 SH SOLE 8500 Motorcar Parts & Accessories COM 620071100 2842 260700 SH SOLE 28700 232000 Natl Western Life Ins COM 638522102 1030 4875 SH SOLE 2300 2575 Natures Sunshine Products COM 639027101 26435 1137461 SH SOLE 164410 973051 Neoforma Inc COM 640475505 459 53812 SH SOLE 25012 28800 Netguru Inc COM 64111K107 779 905963 SH SOLE 252494 653469 New Market Corp. COM 651587107 531 30600 SH SOLE 500 30100 Nicholas Finl COM 65373J209 246 24225 SH SOLE 24225 0 Nokia Corp Spons COM 654902204 296 17500 SH SOLE 17500 0 Northern Technologies Intl COM 665809109 63 10000 SH SOLE 10000 0 Octel Corp COM 675727101 2784 167006 SH SOLE 9500 157506 Owens Ill Inc Conv Pfd COM 690768-50 542 14700 SH SOLE 14700 Owens Illinois Inc COM 690768403 4111 199350 SH SOLE 17750 181600 Pain Care Holdings Inc COM 69562E104 525 140000 SH SOLE 140000 Paula Financial Del COM 703588103 1035 434702 SH SOLE 14950 419752 Pediatric Svcs America COM 705323103 3179 227234 SH SOLE 37794 189440 Perma Fix Environmental COM 714157104 91 41250 SH SOLE 41250 0 PHC Inc Mass Cl A COM 693315103 566 198737 SH SOLE 198737 PMA Cap Corp Cl A COM 693419202 293 33400 SH SOLE 10000 23400 Precis Inc COM 740184106 45 29700 SH SOLE 29700 0 Pro-Dex Inc Colo COM 74265M106 221 65116 SH SOLE 65116 Proliance Intl Inc COM 74340R104 517 94300 SH SOLE 13200 81100 Q.E.P. CO INC COM 74727K102 2633 229926 SH SOLE 1178 228748 QC Holdings Inc COM 74729T101 469 36000 SH SOLE 25000 11000 R & B Inc. COM 749124103 711 69400 SH SOLE 8400 61000 Radio Logics COM 75040K109 152 41400 SH SOLE 5000 36400 River City Bank Mechanicsville COM 768037103 165 15000 SH SOLE 15000 0 RTWI Inc COM 74974R206 5438 477445 SH SOLE 39100 438345 Russell Corp COM 782352108 866 61700 SH SOLE 1000 60700 Safety Components New Intl Inc COM 786474205 229 15400 SH SOLE 3000 12400 San Diego Community Bank COM 32054G102 349 49552 SH SOLE 49552 0 Scientific Learning Corp COM 808760102 106 20000 SH SOLE 20000 0 Seagate Technologies COM G7945J104 6425 405353 SH SOLE 53050 352303 Segements COM 815801105 72 90500 SH SOLE 90500 0 Service Corp Intl. COM 817565104 10753 1297058 SH SOLE 70426 1226632 Sherwood Brands Inc COM 82437L104 267 477000 SH SOLE 38500 438500 Singapore Fd COM 82929L109 681 72500 SH SOLE 72500 St. Paul's Travelers Co. COM 792860108 10450 232894 SH SOLE 39553 193341 Stonemor Partners Ltd Partners COM 86183Q100 809 36600 SH SOLE 1200 35400 Sunwin Intl Neutraceutical COM 867877102 381 2116500 SH SOLE 2116500 0 Superconductor Tech Inc. COM 867931107 9 16000 SH SOLE 16000 Sweet Success Enterprise COM 87042Q109 184 137100 SH SOLE 137100 0 Tag-it Pac Inc COM 873774103 222 270500 SH SOLE 25800 244700 Thai Capital Fund COM 882905201 2189 240016 SH SOLE 2000 238016 Tupperware Corp. COM 899896104 501 22000 SH SOLE 2000 20000 Vita Foods Products Inc COM 928450105 59 25500 SH SOLE 25500 Volt Information Sci Inc COM 928703107 646 31800 SH SOLE 31800 Warrantech Corp. COM 934648304 109 232900 SH SOLE 45200 187700 Waste Industries USA, Inc. COM 941057101 133 10000 SH SOLE 10000 Wilshire Bancorp COM 97200A101 2969 194065 SH SOLE 4800 189265 YP. Net Inc COM 987824109 95 107400 SH SOLE 58400 49000