13F-HR 1 shufrorose03312005.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, 2005 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 8, 2005 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: 03/31/05 RUN DATE: 4/8/05 11:17 A.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 282 FORM 13F INFORMATION TABLE VALUE TOTAL: $834,389,109.40 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 3/31/2005 - 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 3,003,000 3,003,000 PRN SOLE 370,000 STATE STREET 6.75% SPACES CONV PFD 857477202 2,452,675 12,325 SH SOLE 650 ABB LTD SPONSORED ADR COM 000375204 96,100 15,500 SH SOLE 6,000 ABBOTT LABORATORIES COM 002824100 9,533,604 204,496 SH SOLE 22,355 ABERDEEN ASIA PACIFIC FUND COM 003009107 75,144 12,400 SH SOLE 5,000 ACTION PERFORMANCE COMPANIES COM 004933107 3,308,823 250,100 SH SOLE 145,900 ADAPTEC COM 00651F108 4,961,123 1,035,725 SH SOLE 438,875 ADVANCED DIGITAL INFORMATION COM 007525108 5,151,650 628,250 SH SOLE 217,750 AGILENT TECHNOLOGIES COM 00846U101 289,777 13,053 SH SOLE 1,029 AGRIUM INC COM 008916108 15,487,680 848,640 SH SOLE 38,075 ALASKA PACIFIC BANCSHARES COM 011757101 541,576 26,600 SH SOLE 4,000 ALBANY MOLECULAR RESEARCH COM 012423109 298,120 29,000 SH SOLE 29,000 ALLEGHANY CORP COM 017175100 7,932,172 28,636 SH SOLE 1,353 ALLEGHENY ENERGY COM 017361106 3,980,149 192,650 SH SOLE 0 ALLEN ORGAN CLASS B COM 017753104 441,000 7,000 SH SOLE 500 AMERICAN EXPRESS COM 025816109 3,097,097 60,290 SH SOLE 3,300 AMERICAN POWER CONVERSION COM 029066107 9,752,477 373,515 SH SOLE 7,225 AON CORP COM 037389103 8,649,508 378,700 SH SOLE 13,500 APACHE COM 037411105 1,010,295 16,500 SH SOLE 0 APPLE COMPUTER COM 037833100 237,519 5,700 SH SOLE 4,000 APPLIED MATERIALS COM 038222105 3,330,389 204,947 SH SOLE 10,180 APRIA HEALTH GROUP COM 037933108 321,803 10,025 SH SOLE 450 ASYST TECHNOLOGIES COM 04648X107 531,762 111,015 SH SOLE 102,760 AUTOMATIC DATA PROCESSING COM 053015103 521,420 11,600 SH SOLE 1,000 BANK OF AMERICA COM 060505104 1,579,486 35,816 SH SOLE 2,000 BAR HARBOR BANKSHARES COM 066849100 2,021,805 75,300 SH SOLE 1,700 BEAR STEARNS COMPANIES COM 073902108 599,400 6,000 SH SOLE 1,000 BELLSOUTH COM 079860102 459,891 17,493 SH SOLE 1,000 BERKSHIRE BANCORP COM 084597202 1,412,203 70,420 SH SOLE 14,100 BERKSHIRE HATHAWAY A SHARES COM 084670108 1,740,000 20 SH SOLE 0 BERKSHIRE HATHAWAY B SHARES COM 084670207 6,534,528 2,288 SH SOLE 156 BIG LOTS COM 089302103 11,390,032 947,590 SH SOLE 121,535 BIOVERIS COM 090676107 110,880 21,000 SH SOLE 6,000 BJS WHOLESALE CLUB COM 05548J106 776,500 25,000 SH SOLE 0 BLACKROCK VENTURES COM 091917104 436,600 50,000 SH SOLE 0 BORLAND SOFTWARE COM 099849101 205,436 25,300 SH SOLE 14,000 BOSTON ACOUSTICS COM 100534106 1,946,291 135,300 SH SOLE 7,200 BOSTON COMMUNICATIONS GROUP COM 100582105 770,384 108,200 SH SOLE 108,200 BP PLC COM 055622104 1,853,093 29,697 SH SOLE 0 BRISTOL-MYERS SQUIBB COM 110122108 892,602 35,059 SH SOLE 0 BROOKS AUTOMATION COM 114340102 2,668,826 175,812 SH SOLE 171,000 BROWN SHOE COMPANY COM 115736100 10,642,034 310,535 SH SOLE 15,625 BRUKER BIOSCIENCES COM 116794108 472,384 134,200 SH SOLE 134,200 CALIFORNIA PIZZA KITCHEN COM 13054D109 8,772,420 374,250 SH SOLE 19,000 CANARGO ENERGY COM 137225108 26,200 20,000 SH SOLE 20,000 CAPITOL BANCORP LTD COM 14056D105 701,800 23,200 SH SOLE 2,000 CARNIVAL CRUISE LINES COM 143658300 993,198 19,170 SH SOLE 1,300 CARRIAGE SERVICES COM 143905107 426,105 76,500 SH SOLE 2,800 CASUAL MALE RETAIL GROUP COM 148711104 3,737,267 575,850 SH SOLE 3,550 CBRL GROUP COM 12489V106 15,579,806 377,235 SH SOLE 12,700 C & D TECHNOLOGIES COM 124661109 6,770,685 673,700 SH SOLE 29,300 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 3/31/2005 - 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 CHARMING SHOPPES COM 161133103 7,947,888 977,600 SH SOLE 59,000 CHEMICAL FINANCIAL COM 163731102 820,914 25,255 SH SOLE 2,100 CHEVRONTEXACO COM 166764100 2,769,667 47,499 SH SOLE 650 CIMAREX ENERGY COM 171798101 1,548,300 39,700 SH SOLE 2,200 CISCO SYSTEMS COM 17275R102 486,805 27,211 SH SOLE 53 CITIGROUP COM 172967101 2,949,367 65,629 SH SOLE 1,660 CITIZENS BANKING COM 174420109 431,592 14,700 SH SOLE 1,500 CITY INVESTING LIQUIDATING TR COM 177900107 36,301 19,106 SH SOLE 0 COCA-COLA COM 191216100 273,147 6,555 SH SOLE 0 COINSTAR INC COM 19259P300 4,778,586 225,405 SH SOLE 16,500 COLGATE PALMOLIVE COM 194162103 3,188,370 61,115 SH SOLE 0 COLLINS-AIKMAN COM 194830204 35,916 29,200 SH SOLE 29,200 COMCAST NEW CLASS A COM 20030N101 963,507 28,523 SH SOLE 3,100 COMMUNITY BANK SYSTEMS COM 203607106 1,312,743 57,300 SH SOLE 3,500 CONCORD CAMERA COM 206156101 173,217 95,700 SH SOLE 95,700 CONCORD COMMUNICATIONS COM 206186108 151,800 15,000 SH SOLE 15,000 CONSOLIDATED EDISON COM 209115104 272,862 6,469 SH SOLE 0 CONVERGYS CORP COM 212485106 1,410,885 94,500 SH SOLE 92,000 COOLBRANDS INTL SUB VTG SHS COM 21639P208 2,145,260 289,900 SH SOLE 38,500 CORNING COM 219350105 3,058,747 274,820 SH SOLE 17,375 CRAFTMADE INTERNATIONAL COM 22413E104 857,226 38,843 SH SOLE 13,400 CRAY COM 225223106 198,135 77,700 SH SOLE 7,500 CREDENCE SYSTEMS COM 225302108 4,483,111 566,765 SH SOLE 425,945 CURAGEN COM 23126R101 66,560 16,000 SH SOLE 7,000 CURATIVE HEALTH SERVICES INC COM 23126W100 408,680 120,200 SH SOLE 120,200 DATA I/O CORP COM 237690102 103,305 35,500 SH SOLE 10,000 DEPARTMENT 56 COM 249509100 10,666,663 610,920 SH SOLE 36,975 DEVRY INC COM 251893103 519,449 27,455 SH SOLE 0 DIAMOND OFFSHORE COM 25271C102 452,094 9,060 SH SOLE 560 DISNEY WALT COM 254687106 5,868,533 204,265 SH SOLE 5,900 DOLLAR TREE STORES COM 256747106 833,170 29,000 SH SOLE 29,000 DUKE ENERGY COM 264399106 553,198 19,750 SH SOLE 2,500 DUPONT COM 263534109 27,399,053 534,720 SH SOLE 16,173 EAGLE BROADBAND COM 269437109 10,200 30,000 SH SOLE 0 EDWARDS A G COM 281760108 304,640 6,800 SH SOLE 1,000 EL PASO CORPORATION COM 28336L109 147,062 13,900 SH SOLE 9,000 EMERSON ELECTRIC COM 291011104 201,283 3,100 SH SOLE 0 ENESCO GROUP COM 292973104 474,810 71,400 SH SOLE 71,400 ENZO BIOCHEM COM 294100102 618,027 42,859 SH SOLE 4,520 ESPEED INC COM 296643109 3,475,760 377,800 SH SOLE 80,000 ESS TECHNOLOGY COM 269151106 2,597,847 492,950 SH SOLE 245,400 ETHAN ALLEN INTERIORS COM 297602104 9,678,240 302,445 SH SOLE 13,940 EXXON MOBIL COM 30231G102 28,122,200 471,849 SH SOLE 6,400 FAMILY DOLLAR STORES COM 307000109 1,601,490 52,750 SH SOLE 0 FEDDERS CORP NEW COM 313135501 100,080 36,000 SH SOLE 36,000 FEDERAL SIGNAL COM 313855108 7,525,609 496,085 SH SOLE 25,200 FIRST CONSULTING GROUP COM 31986R103 1,986,660 382,050 SH SOLE 72,300 FIRST DATA COM 319963104 2,331,869 59,320 SH SOLE 3,000 FIRST INDUSTRIAL REALTY TRUST COM 32054K103 281,834 7,450 SH SOLE 3,000 FIRST NATIONAL BANK ALASKA COM 32112J106 6,484,500 2,882 SH SOLE 160 FIRST NIAGARA FINANCIAL COM 33582V108 6,426,005 486,450 SH SOLE 23,900 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 3/31/2005 - 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 FIRST BANK OF DELAWARE COM 319307104 153,698 49,580 SH SOLE 5,340 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 11,566,214 960,649 SH SOLE 148,630 FORD MOTOR CO COM 345370860 170,256 15,027 SH SOLE 0 FOREST LABORATORIES COM 345838106 447,095 12,100 SH SOLE 0 FOSSIL INC COM 349882100 2,270,512 87,580 SH SOLE 8,000 FOUNDRY NETWORKS COM 35063R100 277,200 28,000 SH SOLE 28,000 FRANKLIN CE LTD COM 125151100 211,050 33,500 SH SOLE 33,200 FRANKLIN BANK COM 352451108 612,375 35,500 SH SOLE 4,000 FRESH BRANDS COM 35803U108 616,142 84,403 SH SOLE 6,893 GENERAL ELECTRIC COM 369604103 55,832,600 1,548,325 SH SOLE 24,317 GENERAL MOTORS COM 370442105 238,470 8,114 SH SOLE 600 GENOMED INC COM 37243C102 2,900 50,000 SH SOLE 0 GENTEX CORP COM 371901109 443,410 13,900 SH SOLE 0 GERMANY FUND COM 374143105 5,444,416 676,325 SH SOLE 45,600 GERON CORP COM 374163103 143,585 23,500 SH SOLE 12,000 GETTY REALTY COM 374297109 213,291 8,348 SH SOLE 0 GIGA TRONICS COM 375175106 65,849 16,100 SH SOLE 16,100 GLATFELTER COM 377316104 460,997 31,254 SH SOLE 0 GLENBOROUGH REALTY TRUST COM 37803P105 476,088 24,900 SH SOLE 2,500 GLOBAL AIRCRAFT SOLUTIONS COM 378964100 13,000 20,000 SH SOLE 20,000 GLOBAL INDUSTRIES COM 379336100 14,865,160 1,581,400 SH SOLE 469,700 GREATER CHINA FUND COM 39167B102 431,550 27,400 SH SOLE 5,000 H & Q LIFE SCIENCES COM 404053100 147,798 10,278 SH SOLE 7,678 HAIN CELESTIAL GROUP COM 405217100 221,518 11,884 SH SOLE 4,000 HEALTH FITNESS COM 42217V102 39,300 15,000 SH SOLE 15,000 HEARST-ARGYLE TELEVISION COM 422317107 5,314,200 208,400 SH SOLE 11,500 HEWLETT PACKARD COM 428236103 12,239,975 557,884 SH SOLE 11,815 HNI CORPORATION COM 404251100 215,760 4,800 SH SOLE 0 HOME DEPOT COM 437076102 4,089,844 106,952 SH SOLE 5,500 HOOPER HOLMES COM 439104100 3,122,086 817,300 SH SOLE 46,600 HUMAN GENOME SCIENCES COM 444903108 200,092 21,702 SH SOLE 7,000 HYBRIDON INC COM 44860M801 62,245 105,500 SH SOLE 22,500 IMMERSION CORP COM 452521107 335,400 55,900 SH SOLE 0 INFORMATICA COM 45666Q102 637,617 77,100 SH SOLE 77,100 INTEL COM 458140100 1,331,660 57,325 SH SOLE 200 INTERPOOL INC COM 46062R108 9,423,772 426,415 SH SOLE 21,415 INTERPUBLIC GROUP OF COMPANIES COM 460690100 1,083,956 88,270 SH SOLE 88,000 INTL BUSINESS MACHINES COM 459200101 7,113,293 77,843 SH SOLE 3,200 INTERNATIONAL PAPER COM 460146103 634,701 17,252 SH SOLE 1,100 INTRADO COM 46117A100 399,750 32,500 SH SOLE 3,000 IRIDEX CORP COM 462684101 59,532 12,000 SH SOLE 5,000 IVAX COM 465823102 232,298 11,750 SH SOLE 0 JAPAN EQUITY FUND COM 471057109 6,201,870 1,016,700 SH SOLE 78,000 JOHNSON & JOHNSON COM 478160104 5,879,925 87,551 SH SOLE 1,000 KEMET CORP COM 488360108 3,207,725 413,900 SH SOLE 219,800 KENDLE INTERNATIONAL COM 48880L107 3,279,800 285,200 SH SOLE 79,000 KEYSPAN CORP COM 49337W100 263,359 6,758 SH SOLE 0 KIMBERLY-CLARK COM 494368103 988,579 15,040 SH SOLE 0 KREISLER MANUFACTURING COM 500773106 189,281 36,969 SH SOLE 9,769 KULICKE & SOFFA INDUSTRIES COM 501242101 128,945 20,500 SH SOLE 5,000 KYOCERA CORP ADR COM 501556203 3,743,456 52,400 SH SOLE 50 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 3/31/2005 - 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 LADISH CO COM 505754200 123,900 10,500 SH SOLE 5,000 LENNOX INTERNATIONAL COM 526107107 370,667 16,910 SH SOLE 900 LIBBEY INC COM 529898108 210,840 10,040 SH SOLE 0 LIBERTY MEDIA COM 530718105 12,222,601 1,178,650 SH SOLE 63,320 LIBERTY MEDIA INTL A COM 530719103 610,917 13,967 SH SOLE 558 LINCOLN NATIONAL COM 534187109 371,231 8,224 SH SOLE 0 LINENS N THINGS COM 535679104 10,333,005 416,150 SH SOLE 18,875 LSI LOGIC COM 502161102 1,338,805 239,500 SH SOLE 230,200 LUCENT TECHNOLOGIES COM 549463107 157,792 57,379 SH SOLE 21,300 M & T BANK COM 55261F104 13,195,337 129,290 SH SOLE 5,554 MAD CATZ INTERACTIVE COM 556162105 16,200 10,000 SH SOLE 0 MAKITA CORP COM 560877300 703,340 38,225 SH SOLE 900 MANHATTAN PHARMACEUTICALS COM 563118207 15,500 10,000 SH SOLE 10,000 MARSH & MCLENNAN COM 571748102 346,788 11,400 SH SOLE 500 MAXTOR CORP COM 577729205 311,220 58,500 SH SOLE 6,000 MEADOWBROOK INSURANCE GROUP COM 58319P108 147,000 28,000 SH SOLE 7,500 MELLON FINANCIAL COM 58551A108 1,140,829 39,973 SH SOLE 4,000 MERCK & CO COM 589331107 891,081 27,528 SH SOLE 3,850 MERIX CORP COM 590049102 168,150 15,000 SH SOLE 15,000 MERRILL LYNCH COM 590188108 10,861,257 191,895 SH SOLE 66,875 META FINANCIAL GROUP COM 59100U108 416,677 18,600 SH SOLE 4,600 METLIFE COM 59156R108 10,264,141 262,510 SH SOLE 10,710 MFS CHARTER INCOME TRUST COM 552727109 740,350 87,100 SH SOLE 0 MICHAELS STORES COM 594087108 702,405 19,350 SH SOLE 4,000 MICROSOFT COM 594918104 1,756,289 72,664 SH SOLE 2,600 MONACO COACH COM 60886R103 5,635,543 348,950 SH SOLE 0 MONMOUTH REAL ESTATE INVT CORP COM 609720107 458,768 54,350 SH SOLE 13,000 JPMORGAN CHASE & CO COM 46625H100 19,424,959 561,415 SH SOLE 10,215 MORGAN STANLEY ASIA PACIFIC FD COM 61744U106 2,244,299 176,300 SH SOLE 6,600 MOVADO GROUP COM 624580106 7,610,900 411,400 SH SOLE 17,800 MSC SOFTWARE COM 553531104 371,742 33,400 SH SOLE 33,400 MYLAN LABORATORIES COM 628530107 1,174,836 66,300 SH SOLE 55,000 NANOMETRICS INC COM 630077105 123,585 10,500 SH SOLE 0 NASDAQ 100 SHARES COM 631100104 541,927 14,827 SH SOLE 2,500 NATUZZI SPA COM 63905A101 303,388 29,200 SH SOLE 6,500 NEOMAGIC CORP COM 640497103 258,047 497,200 SH SOLE 481,100 NESTLE SA ADR COM 641069406 274,560 4,000 SH SOLE 0 NETWORK EQUIPMENT TECHNOLOGIES COM 641208103 1,102,917 195,900 SH SOLE 131,500 NEWALLIANCE BANCSHARES COM 650203102 623,252 44,518 SH SOLE 5,000 NEWCASTLE INVESTMENT COM 65105M108 929,440 31,400 SH SOLE 2,000 NEW PLAN EXCEL REALTY TRUST COM 648053106 989,334 39,400 SH SOLE 5,000 NORTHROP GRUMMAN COM 666807102 7,747,210 143,520 SH SOLE 0 NOVELL COM 670006105 542,360 91,000 SH SOLE 10,000 NUANCE COMMUNICATIONS COM 669967101 1,292,246 442,550 SH SOLE 430,350 OCA INC COM 67083Q101 841,500 198,000 SH SOLE 127,500 OLD REPUBLIC COM 680223104 1,138,881 48,900 SH SOLE 4,000 ON ASSIGNMENT COM 682159108 2,056,320 403,200 SH SOLE 164,900 OPTELECOM INC COM 683818207 100,002 10,811 SH SOLE 0 PAMRAPO BANCORP COM 697738102 703,360 32,000 SH SOLE 2,000 PARAMETRIC TECHNOLOGY COM 699173100 1,397,500 250,000 SH SOLE 248,000 PARK ELECTROCHEMICAL COM 700416209 9,974,505 492,325 SH SOLE 24,150 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 3/31/2005 - 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 PATHMARK STORES COM 70322A101 63,100 10,000 SH SOLE 10,000 PEPSICO INC COM 713448108 1,989,792 37,522 SH SOLE 4,000 PFIZER INC COM 717081103 16,467,927 626,872 SH SOLE 61,730 PHILIPS ELECTRONICS COM 500472303 1,417,583 51,511 SH SOLE 0 PHOENIX COMPANIES COM 71902E109 234,104 18,318 SH SOLE 3,018 PHOENIX TECHNOLOGIES LTD COM 719153108 3,216,332 337,850 SH SOLE 231,300 PIPER JAFFRAY COM 724078100 435,787 11,910 SH SOLE 1,600 PLAINS ALL AMERICAN PIPELINE COM 726503105 209,250 5,400 SH SOLE 2,200 PLANAR SYSTEMS COM 726900103 5,080,064 563,200 SH SOLE 122,000 PLEXUS CORP COM 729132100 874,760 76,000 SH SOLE 76,000 PNC FINANCIAL SERVICES GROUP COM 693475105 700,128 13,600 SH SOLE 0 PROVIDENCE & WORCESTER RR COM 743737108 224,371 16,870 SH SOLE 1,500 QLT INC COM 746927102 670,006 52,100 SH SOLE 2,000 QUANTA SERVICES COM 74762E102 488,320 64,000 SH SOLE 64,000 RED HAT COM 756577102 223,655 20,500 SH SOLE 4,000 REGAL-BELOIT COM 758750103 5,999,836 208,400 SH SOLE 11,000 REGIS COM 758932107 1,494,968 36,525 SH SOLE 4,000 REPUBLIC FIRST BANCORP COM 760416107 741,720 51,580 SH SOLE 7,340 RICHARDSON ELECTRONICS COM 763165107 380,236 37,024 SH SOLE 2,024 ROYAL DUTCH PETROLEUM COM 780257804 548,165 9,130 SH SOLE 0 SAFECO COM 786429100 12,699,184 260,710 SH SOLE 10,150 ST JOE CO COM 790148100 336,500 5,000 SH SOLE 0 SBC COMMUNICATIONS COM 78387G103 715,770 30,214 SH SOLE 0 SCHEIN (HENRY) COM 806407102 1,412,096 39,400 SH SOLE 600 SCIENCE DYNAMICS COM 808631105 55,751 428,850 SH SOLE 24,850 SEABOARD CORP COM 811543107 938,875 875 SH SOLE 0 SEA CONTAINERS LTD CLASS A COM 811371707 452,848 24,800 SH SOLE 3,500 SFBC INTERNATIONAL COM 784121105 281,920 8,000 SH SOLE 0 SHAW GROUP COM 820280105 5,173,140 237,300 SH SOLE 136,900 SIFCO INDUSTRIES COM 826546103 201,585 45,300 SH SOLE 45,300 SILICON GRAPHICS COM 827056102 35,700 30,000 SH SOLE 25,000 SITEL CORP COM 82980K107 705,208 359,800 SH SOLE 353,800 SOURCECORP INC COM 836167106 201,400 10,000 SH SOLE 10,000 STARRETT L S COM 855668109 428,740 22,100 SH SOLE 0 STMICROELECTRONICS N V COM 861012102 354,858 21,300 SH SOLE 0 STONERIDGE COM 86183P102 146,520 12,000 SH SOLE 2,000 SUN MICROSYSTEMS COM 866810104 240,380 59,500 SH SOLE 23,000 SONOCO PRODUCTS COM 835495102 12,359,340 428,400 SH SOLE 0 SWISS HELVETIA FUND COM 870875101 9,800,956 689,722 SH SOLE 35,400 SYMMETRICOM INC COM 871543104 4,261,055 384,225 SH SOLE 109,600 SYNOPSYS INC COM 871607107 349,330 19,300 SH SOLE 2,500 SYSCO CORP COM 871829107 251,173 7,016 SH SOLE 0 TARGET CORP COM 87612E106 643,457 12,864 SH SOLE 0 TASTY BAKING COM 876553306 325,532 38,800 SH SOLE 38,800 TELEFLEX COM 879369106 9,415,585 183,970 SH SOLE 8,360 TELLABS COM 879664100 7,846,296 1,074,835 SH SOLE 266,330 TEXAS INSTRUMENTS COM 882508104 230,175 9,030 SH SOLE 0 THERMO ELECTRON COM 883556102 1,370,718 54,200 SH SOLE 3,950 THOMAS & BETTS COM 884315102 364,990 11,300 SH SOLE 2,000 TIME WARNER COM 887317105 2,099,015 119,602 SH SOLE 11,050 TRANSOCEAN COM G90078109 357,647 6,950 SH SOLE 1,000 Shufro, Rose & CO LLC Page: 6 Form 13F Information Table As of Date: 3/31/2005 - 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 TRIZETTO GROUP COM 896882107 1,252,195 134,500 SH SOLE 134,500 TWENTY FIRST CENTURY INSURANCE COM 90130N103 7,113,105 509,900 SH SOLE 19,700 T-3 ENERGY SERVICES COM 87306E107 100,488 12,500 SH SOLE 7,000 UGI CORP HOLDING COM 902681105 231,642 5,100 SH SOLE 0 UNIONBANCORP COM 908908106 296,100 14,100 SH SOLE 0 UNION PACIFIC COM 907818108 18,520,405 265,716 SH SOLE 3,815 UTSTARCOM INC COM 918076100 1,861,500 170,000 SH SOLE 166,000 VALENCE TECH COM 918914102 154,114 50,200 SH SOLE 50,200 VARIAN INC COM 922206107 15,158,425 400,064 SH SOLE 6,425 VERIZON COMMUNICATIONS COM 92343V104 1,165,217 32,823 SH SOLE 0 VIACOM CLASS B COM 925524308 14,531,355 417,208 SH SOLE 7,185 VILLAGE SUPERMARKET COM 927107409 248,340 6,000 SH SOLE 2,500 VIRBAC CORP COM 927649103 715,750 204,500 SH SOLE 27,000 VISHAY INTERTECHNOLOGY COM 928298108 182,721 14,700 SH SOLE 1,500 VITESSE SEMICONDUCTOR COM 928497106 4,025,360 1,502,000 SH SOLE 1,024,625 VODAFONE GROUP PLC NEW COM 92857W100 1,221,494 45,990 SH SOLE 1,250 VORNADO REALTY TRUST COM 929042109 218,201 3,150 SH SOLE 0 WAL-MART STORES COM 931142103 831,826 16,600 SH SOLE 0 WASHINGTON MUTUAL COM 939322103 300,477 7,607 SH SOLE 0 WATSON PHARMACEUTICALS COM 942683103 6,056,883 197,100 SH SOLE 20,800 WEBMD CORP COM 94769M105 584,800 68,800 SH SOLE 13,800 WHITEHALL JEWELLERS COM 965063100 1,015,300 143,000 SH SOLE 143,000 WILD OATS MARKETS INC COM 96808B107 1,073,630 101,000 SH SOLE 101,000 WILSONS LEATHER EXPERTS COM 972463103 382,554 80,200 SH SOLE 80,200 WYETH COM 983024100 895,566 21,232 SH SOLE 0 YUM BRANDS COM 988498101 1,270,692 24,526 SH SOLE 900 3M COMPANY COM 88579Y101 385,948 4,504 SH SOLE 0 Line Count: 282