13F-HR 1 shufrorose03312004.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: March 31, 2004 Check here if Amendment (); Amendment Number: This Amendment (Check only one): ( ) is a restatement. (X) adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Shufro Rose & Co, LLC Address: 745 Fifth Avenue 26th Floor New York, NY 10151 13F File Number:28-792 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: Steven J. Glass Title: Managing Director Phone: 212-754-5100 Signature, Place, and Date of Signing: Steven J. Glass New York, NY April 15, 2004 Report Type (Check only one): (X) 13F HOLDINGS REPORT ( ) 13F NOTICE ( ) 13F COMBINATION REPORT I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE AS OF DATE: 03/31/04 RUN DATE: 4/15/04 11:17 A.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 197 FORM 13F INFORMATION TABLE VALUE TOTAL: $675,158,527.71 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 3/31/2004 - Voting Authority - Title Name of Issuer of Class - CUSIP - Value Shares/ SH/ Put/ Invstmt/ Shared None (X $1000) Prn Amt Prn Call Dscretn - Managers - Sole RICHARDSON EL 8.25% 6-15-06 CONV BND 763165AC1 2,299,770 2,323,000 PRN SOLE 2,323,000 STANDARD COML CV 7.25% 3-31-07 CONV BND 853258AA9 3,181,888 3,170,000 PRN SOLE 3,170,000 CONSTELLATION CV PFD 5.75% CONV PFD 21036P306 805,329 26,275 SH SOLE 26,275 DOMINION RES 9.5% CONV PFD CONV PFD 25746U208 654,264 11,650 SH SOLE 11,650 STATE STREET 6.75% SPACES CONV PFD 857477202 244,530 990 SH SOLE 990 ABBOTT LABORATORIES COM 002824100 7,952,603 193,494 SH SOLE 193,494 ADAPTEC COM 00651F108 2,753,925 314,375 SH SOLE 314,375 AGILENT TECHNOLOGIES COM 00846U101 516,265 16,322 SH SOLE 16,322 AGRIUM INC COM 008916108 14,018,508 953,640 SH SOLE 953,640 ALASKA PACIFIC BANCSHARES COM 011757101 376,650 16,200 SH SOLE 16,200 ALLEGHANY CORP COM 017175100 8,608,513 34,810 SH SOLE 34,810 ALLOY INC COM 019855105 1,640,688 359,800 SH SOLE 359,800 AMERICAN EXPRESS COM 025816109 2,306,029 44,475 SH SOLE 44,475 APPLE COMPUTER COM 037833100 210,990 7,800 SH SOLE 7,800 APPLICA COM 03815A106 387,780 34,500 SH SOLE 34,500 APPLIED MATERIALS COM 038222105 3,895,650 182,210 SH SOLE 182,210 APRIA HEALTH GROUP COM 037933108 440,417 14,710 SH SOLE 14,710 ASYST TECHNOLOGIES COM 04648X107 912,090 110,825 SH SOLE 110,825 AUTOMATIC DATA PROCESSING COM 053015103 443,520 10,560 SH SOLE 10,560 BALLYS TOTAL FITNESS COM 05873K108 751,252 128,200 SH SOLE 128,200 BANK OF AMERICA COM 060505104 914,208 11,289 SH SOLE 11,289 BANKNORTH GROUP COM 06646R107 2,107,076 61,900 SH SOLE 61,900 BEARINGPOINT COM 074002106 820,080 76,500 SH SOLE 76,500 BELLSOUTH COM 079860102 688,290 24,857 SH SOLE 24,857 BERKSHIRE BANCORP COM 084597103 449,258 7,702 SH SOLE 7,702 BERKSHIRE HATHAWAY A SHARES COM 084670108 2,332,500 25 SH SOLE 25 BERKSHIRE HATHAWAY B SHARES COM 084670207 7,422,870 2,386 SH SOLE 2,386 BIG LOTS COM 089302103 11,509,520 793,760 SH SOLE 793,760 BLOCKBUSTER INC COM 093679108 578,375 33,050 SH SOLE 33,050 BOEING CO COM 097023105 224,448 5,465 SH SOLE 5,465 BORLAND SOFTWARE COM 099849101 236,080 26,000 SH SOLE 26,000 BOSTON ACOUSTICS COM 100534106 1,318,900 119,900 SH SOLE 119,900 BP PLC COM 055622104 1,473,075 28,771 SH SOLE 28,771 BRINKER INTERNATIONAL COM 109641100 485,504 12,800 SH SOLE 12,800 BRISTOL-MYERS SQUIBB COM 110122108 2,384,111 98,395 SH SOLE 98,395 BROOKS AUTOMATION COM 114340102 4,213,036 200,812 SH SOLE 200,812 CARNIVAL CRUISE LINES COM 143658300 1,202,241 26,770 SH SOLE 26,770 CARRIAGE SERVICES COM 143905107 375,732 75,600 SH SOLE 75,600 CATERPILLAR COM 149123101 322,527 4,079 SH SOLE 4,079 CHARMING SHOPPES COM 161133103 4,927,175 632,500 SH SOLE 632,500 CHEVRONTEXACO COM 166764100 2,713,016 30,907 SH SOLE 30,907 CISCO SYSTEMS COM 17275R102 517,746 22,013 SH SOLE 22,013 CITIGROUP COM 172967101 1,894,650 36,647 SH SOLE 36,647 COCA-COLA COM 191216100 255,273 5,075 SH SOLE 5,075 COINSTAR INC COM 19259P300 5,983,387 377,025 SH SOLE 377,025 COMCAST NEW CLASS A COM 20030N101 380,633 13,244 SH SOLE 13,244 COMFORT SYSTEMS USA COM 199908104 130,682 18,100 SH SOLE 18,100 CONCORD CAMERA COM 206156101 609,788 97,100 SH SOLE 97,100 CONSOLIDATED EDISON COM 209115104 308,832 7,003 SH SOLE 7,003 COOLBRANDS INTL SUB VTG SHS COM 21639P208 477,034 27,400 SH SOLE 27,400 CORNING COM 219350105 3,063,219 273,991 SH SOLE 273,991 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 3/31/2004 - Voting Authority - Title Name of Issuer of Class - CUSIP - Value Shares/ SH/ Put/ Invstmt/ Shared None (X $1000) Prn Amt Prn Call Dscretn - Managers - Sole CORVIS COM 221009103 51,840 27,000 SH SOLE 27,000 COVANSYS CORP COM 22281W103 1,768,266 152,700 SH SOLE 152,700 CRAFTMADE INTERNATIONAL COM 22413E104 1,817,783 67,176 SH SOLE 67,176 CREDENCE SYSTEMS COM 225302108 10,666,339 897,840 SH SOLE 897,840 DATA I/O CORP COM 237690102 95,718 31,800 SH SOLE 31,800 DEL MONTE FOODS COM 24522P103 6,625,125 588,900 SH SOLE 588,900 DEPARTMENT 56 COM 249509100 9,806,456 663,495 SH SOLE 663,495 DIAMOND OFFSHORE COM 25271C102 5,601,678 231,570 SH SOLE 231,570 DISNEY WALT COM 254687106 13,118,451 524,948 SH SOLE 524,948 DUKE ENERGY COM 264399106 473,470 20,950 SH SOLE 20,950 DUPONT COM 263534109 31,023,932 734,816 SH SOLE 734,816 EL PASO ELECTRIC COM 283677854 10,792,432 779,800 SH SOLE 779,800 ETHAN ALLEN INTERIORS COM 297602104 9,968,251 241,596 SH SOLE 241,596 EXXON MOBIL COM 30231G102 23,712,206 570,142 SH SOLE 570,142 FEDERAL SIGNAL COM 313855108 2,933,830 147,800 SH SOLE 147,800 FIRST CONSULTING GROUP COM 31986R103 100,160 16,000 SH SOLE 16,000 FIRST DATA COM 319963104 1,130,352 26,811 SH SOLE 26,811 FIRST NATIONAL BANK ALASKA COM 32112J106 6,200,600 2,884 SH SOLE 2,884 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 17,576,971 1,020,730 SH SOLE 1,020,730 FORD MOTOR CO COM 345370860 251,425 18,528 SH SOLE 18,528 FOSSIL INC COM 349882100 2,762,714 82,840 SH SOLE 82,840 FRANKLIN CE LTD COM 125151100 614,102 220,900 SH SOLE 220,900 FRANKS NURSERY & CRAFTS COM 355361106 9,000 10,000 SH SOLE 10,000 FRESH BRANDS COM 35803U108 115,575 11,500 SH SOLE 11,500 GARTNER GROUP CL A COM 366651107 116,500 10,000 SH SOLE 10,000 GENENCOR INTERNATIONAL COM 368709101 708,092 53,200 SH SOLE 53,200 GENERAL ELECTRIC COM 369604103 52,101,608 1,707,130 SH SOLE 1,707,130 GENERAL MOTORS COM 370442105 230,225 4,888 SH SOLE 4,888 GENESCO COM 371532102 846,070 36,500 SH SOLE 36,500 GERMANY FUND COM 374143105 4,543,792 654,725 SH SOLE 654,725 GIGA TRONICS COM 375175106 44,888 18,100 SH SOLE 18,100 GLATFELTER COM 377316104 1,964,235 174,754 SH SOLE 174,754 GLOBAL INDUSTRIES COM 379336100 8,948,745 1,529,700 SH SOLE 1,529,700 GREAT LAKES CHEMICAL COM 390568103 1,819,397 76,285 SH SOLE 76,285 GSI LUMONICS COM 36229U102 935,374 67,100 SH SOLE 67,100 H & Q LIFE SCIENCES COM 404053100 258,961 15,396 SH SOLE 15,396 HANSON PLC COM 411349103 4,898,000 126,400 SH SOLE 126,400 HEWLETT PACKARD COM 428236103 13,775,375 603,125 SH SOLE 603,125 HOME DEPOT COM 437076102 4,411,469 118,080 SH SOLE 118,080 HORIZON OFFSHORE COM 44043J105 388,446 128,200 SH SOLE 128,200 HUMAN GENOME SCIENCES COM 444903108 131,590 10,502 SH SOLE 10,502 HUNTCO CLASS A COM 445661101 14 14,200 SH SOLE 14,200 HYBRIDON INC COM 44860M801 47,975 47,500 SH SOLE 47,500 INPUT/OUTPUT COM 457652105 810,650 104,600 SH SOLE 104,600 INTEL COM 458140100 799,027 29,376 SH SOLE 29,376 INTERPOOL INC COM 46062R108 6,173,853 419,990 SH SOLE 419,990 INTL BUSINESS MACHINES COM 459200101 5,783,991 62,979 SH SOLE 62,979 INTERNATIONAL PAPER COM 460146103 755,947 17,888 SH SOLE 17,888 JAMESON INNS COM 470457102 36,792 12,600 SH SOLE 12,600 JAPAN EQUITY FUND COM 471057109 5,257,080 687,200 SH SOLE 687,200 JOHNSON & JOHNSON COM 478160104 3,843,511 75,779 SH SOLE 75,779 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 3/31/2004 - Voting Authority - Title Name of Issuer of Class - CUSIP - Value Shares/ SH/ Put/ Invstmt/ Shared None (X $1000) Prn Amt Prn Call Dscretn - Managers - Sole KEMET CORP COM 488360108 5,045,888 351,875 SH SOLE 351,875 KIMBERLY-CLARK COM 494368103 2,563,942 40,633 SH SOLE 40,633 KIRBY CORP COM 497266106 5,857,497 173,350 SH SOLE 173,350 KREISLER MANUFACTURING COM 500773106 82,168 16,769 SH SOLE 16,769 LADISH CO COM 505754200 91,224 10,390 SH SOLE 10,390 LAZARE KAPLAN INTL COM 521078105 2,147,850 277,500 SH SOLE 277,500 LENNOX INTERNATIONAL COM 526107107 238,831 12,875 SH SOLE 12,875 LIBERTY MEDIA COM 530718105 5,742,038 524,387 SH SOLE 524,387 LINENS N THINGS COM 535679104 10,756,673 303,775 SH SOLE 303,775 LSI LOGIC COM 502161102 2,018,374 216,100 SH SOLE 216,100 LUCENT TECHNOLOGIES COM 549463107 142,522 34,677 SH SOLE 34,677 M & T BANK COM 55261F104 8,768,641 97,592 SH SOLE 97,592 MAKITA CORP COM 560877300 398,424 31,200 SH SOLE 31,200 MANITOWOC CO COM 563571108 3,668,660 124,025 SH SOLE 124,025 MAXTOR CORP COM 577729205 126,325 15,500 SH SOLE 15,500 MELLON FINANCIAL COM 58551A108 1,799,050 57,496 SH SOLE 57,496 MERCK & CO COM 589331107 4,457,224 100,865 SH SOLE 100,865 MERRILL LYNCH COM 590188108 5,826,874 97,832 SH SOLE 97,832 MFRI INC COM 552721102 903,064 287,600 SH SOLE 287,600 MICHAELS STORES COM 594087108 600,457 12,350 SH SOLE 12,350 MICROSOFT COM 594918104 1,047,933 42,035 SH SOLE 42,035 MIDWAY GAMES COM 598148104 128,128 17,600 SH SOLE 17,600 MILLEA HOLDINGS COM 60032R106 5,971,200 76,800 SH SOLE 76,800 MONMOUTH REAL ESTATE INVT CORP COM 609720107 172,770 19,500 SH SOLE 19,500 MONY GROUP COM 615337102 4,234,968 134,700 SH SOLE 134,700 J P MORGAN CHASE & CO COM 46625H100 15,265,269 363,892 SH SOLE 363,892 MORGAN STANLEY ASIA PACIFIC FD COM 61744U106 1,071,245 88,900 SH SOLE 88,900 MOVADO GROUP COM 624580106 6,621,081 221,145 SH SOLE 221,145 MSC SOFTWARE COM 553531104 294,254 33,400 SH SOLE 33,400 NASDAQ 100 SHARES COM 631100104 354,270 9,882 SH SOLE 9,882 NEOMAGIC CORP COM 640497103 1,612,360 346,000 SH SOLE 346,000 NETWORK EQUIPMENT TECHNOLOGIES COM 641208103 2,141,708 214,600 SH SOLE 214,600 NEW GERMANY FUND COM 644465106 3,483,799 472,700 SH SOLE 472,700 NEW PLAN EXCEL REALTY TRUST COM 648053106 421,190 15,400 SH SOLE 15,400 NORTHROP GRUMMAN COM 666807102 7,368,705 74,870 SH SOLE 74,870 ON ASSIGNMENT COM 682159108 966,511 172,900 SH SOLE 172,900 PARAMETRIC TECHNOLOGY COM 699173100 1,539,648 340,630 SH SOLE 340,630 PARK ELECTROCHEMICAL COM 700416209 2,542,650 100,500 SH SOLE 100,500 PEABODY ENERGY COM 704549104 362,778 7,800 SH SOLE 7,800 PEPSICO INC COM 713448108 2,113,451 39,247 SH SOLE 39,247 PERKINELMER COM 714046109 5,357,676 258,950 SH SOLE 258,950 PFIZER INC COM 717081103 6,350,254 181,177 SH SOLE 181,177 PHOENIX TECHNOLOGIES LTD COM 719153108 1,126,510 209,000 SH SOLE 209,000 PRIME HOSPITALITY CORP COM 741917108 159,320 14,000 SH SOLE 14,000 PROCTER & GAMBLE COM 742718109 262,200 2,500 SH SOLE 2,500 REGAL-BELOIT COM 758750103 4,068,927 203,650 SH SOLE 203,650 REGIS COM 758932107 1,980,913 44,575 SH SOLE 44,575 REPUBLIC FIRST BANCORP COM 760416107 191,932 14,764 SH SOLE 14,764 ROBOTIC VISION SYSTEMS COM 771074309 157,570 45,020 SH SOLE 45,020 ROYAL DUTCH PETROLEUM COM 780257804 469,139 9,860 SH SOLE 9,860 SAFECO COM 786429100 9,974,429 231,050 SH SOLE 231,050 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 3/31/2004 - Voting Authority - Title Name of Issuer of Class - CUSIP - Value Shares/ SH/ Put/ Invstmt/ Shared None (X $1000) Prn Amt Prn Call Dscretn - Managers - Sole SAFEWAY COM 786514208 304,481 14,795 SH SOLE 14,795 SBC COMMUNICATIONS COM 78387G103 1,400,694 57,078 SH SOLE 57,078 SCIENCE DYNAMICS COM 808631105 7,285 42,850 SH SOLE 42,850 SCM MICROSYSTEMS COM 784018103 114,070 17,000 SH SOLE 17,000 SHAW GROUP COM 820280105 1,525,188 140,700 SH SOLE 140,700 SIFCO INDUSTRIES COM 826546103 183,870 45,400 SH SOLE 45,400 SILICON GRAPHICS COM 827056102 50,800 20,000 SH SOLE 20,000 SPARTON CORP COM 847235108 239,845 28,217 SH SOLE 28,217 STARRETT L S COM 855668109 1,200,990 79,800 SH SOLE 79,800 STEIN MART COM 858375108 483,000 35,000 SH SOLE 35,000 STOLT OFFSHORE COM 861567105 38,221 12,800 SH SOLE 12,800 SONOCO PRODUCTS CO COM 835495102 10,505,470 432,680 SH SOLE 432,680 SWIFT ENERGY COM 870738101 1,971,710 104,600 SH SOLE 104,600 SWISS HELVETIA FUND COM 870875101 8,792,385 668,622 SH SOLE 668,622 SYMMETRICOM INC COM 871543104 6,538,457 728,925 SH SOLE 728,925 SYSCO CORP COM 871829107 273,975 7,016 SH SOLE 7,016 TASTY BAKING COM 876553306 401,880 40,800 SH SOLE 40,800 TECUMSEH PRODUCTS CLASS A COM 878895200 4,120,748 97,880 SH SOLE 97,880 TECUMSEH PRODUCTS CLASS B COM 878895101 516,625 12,500 SH SOLE 12,500 TELEFLEX COM 879369106 5,756,956 116,940 SH SOLE 116,940 TELLABS COM 879664100 7,522,210 871,635 SH SOLE 871,635 TERADYNE COM 880770102 405,110 17,000 SH SOLE 17,000 TEXAS INSTRUMENTS COM 882508104 292,843 10,022 SH SOLE 10,022 TIME WARNER COM 887317105 1,558,892 92,461 SH SOLE 92,461 TRANSOCEAN COM G90078109 31,865,692 1,142,549 SH SOLE 1,142,549 TRINITY INDUSTRIES COM 896522109 436,460 15,700 SH SOLE 15,700 TRIZETTO GROUP COM 896882107 166,625 21,500 SH SOLE 21,500 TWIN DISC COM 901476101 4,930,295 245,900 SH SOLE 245,900 UNION PACIFIC COM 907818108 11,922,545 199,307 SH SOLE 199,307 UNITED RETAIL GROUP COM 911380103 53,273 16,700 SH SOLE 16,700 USEC INC COM 90333E108 7,739,778 915,950 SH SOLE 915,950 VARIAN INC COM 922206107 14,766,291 367,595 SH SOLE 367,595 VERIZON COMMUNICATIONS COM 92343V104 602,216 16,481 SH SOLE 16,481 VIRBAC CORP COM 927649103 147,500 59,000 SH SOLE 59,000 VISHAY INTERTECHNOLOGY COM 928298108 204,864 9,600 SH SOLE 9,600 VITESSE SEMICONDUCTOR COM 928497106 1,332,920 188,000 SH SOLE 188,000 VODAFONE GROUP PLC NEW COM 92857W100 1,276,332 53,403 SH SOLE 53,403 WAL-MART STORES COM 931142103 1,060,094 17,760 SH SOLE 17,760 WASHINGTON MUTUAL COM 939322103 1,592,955 37,297 SH SOLE 37,297 WEBMD CORP COM 94769M105 118,237 13,300 SH SOLE 13,300 WHITEHALL JEWELLERS COM 965063100 1,279,600 140,000 SH SOLE 140,000 WYETH COM 983024100 1,337,306 35,614 SH SOLE 35,614 YUM BRANDS COM 988498101 1,068,887 28,136 SH SOLE 28,136 3M COMPANY COM 88579Y101 434,238 5,304 SH SOLE 5,304 Line Count: 197