13F-HR 1 shufrorose03312006.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, 2006 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 May 3, 2006 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: 03/31/06 RUN DATE: 5/3/06 4:44 P.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 298 FORM 13F INFORMATION TABLE VALUE TOTAL: $904,062,491.98 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 3/31/2006 - 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 NETWORK EQP TECH 7.25% 5-15-14 CONV BND 641208AA1 2,774,055 3,207,000 PRN SOLE 145,000 HUNTSMAN CORP 5% CONV PFD CONV PFD 447011206 380,727 8,850 SH SOLE 0 ADAPTEC COM 00651F108 8,223,801 1,487,125 SH SOLE 550,475 ADVANCED DIGITAL INFORMATION COM 007525108 8,393,417 955,970 SH SOLE 317,850 AGCO CORP COM 001084102 1,701,717 82,050 SH SOLE 1,500 AGRIUM INC COM 008916108 19,910,185 788,210 SH SOLE 38,075 ALASKA PACIFIC BANCSHARES COM 011757101 568,710 26,700 SH SOLE 4,000 ALLEGHANY CORP COM 017175100 6,146,461 21,231 SH SOLE 1,408 ALLEN ORGAN CLASS B COM 017753104 392,000 7,000 SH SOLE 500 ALLOY INC COM 019855303 231,658 17,275 SH SOLE 17,275 ALLTEL CORP COM 020039103 770,525 11,900 SH SOLE 1,000 AMERICAN AXLE & MANUFACTURING COM 024061103 2,283,429 133,300 SH SOLE 131,525 AMERICAN EAGLE OUTFITTERS COM 02553E106 973,436 32,600 SH SOLE 2,000 AMERICAN EXPRESS COM 025816109 2,713,157 51,630 SH SOLE 3,300 AMERICAN FINANCIAL GROUP COM 025932104 208,050 5,000 SH SOLE 0 AMERIPRISE FINANCIAL COM 03076C106 303,164 6,728 SH SOLE 320 AMERICAN POWER CONVERSION COM 029066107 9,039,361 391,145 SH SOLE 6,025 AMERICAN SOFTWARE COM 029683109 116,320 16,000 SH SOLE 4,000 ANDRX GROUP COM 034553107 308,620 13,000 SH SOLE 2,500 AON CORP COM 037389103 284,344 6,850 SH SOLE 1,600 APAC CUSTOMER SERVICES COM 00185E106 112,710 51,000 SH SOLE 51,000 APPLE COMPUTER COM 037833100 213,248 3,400 SH SOLE 900 APPLIED MATERIALS COM 038222105 3,514,905 200,737 SH SOLE 7,200 APRIA HEALTH GROUP COM 037933108 253,355 11,025 SH SOLE 1,450 ASYST TECHNOLOGIES COM 04648X107 1,143,695 109,865 SH SOLE 101,960 AT&T INC COM 00206R102 591,987 21,893 SH SOLE 0 ATMEL CORP COM 049513104 3,155,792 668,600 SH SOLE 659,500 AUTOMATIC DATA PROCESSING COM 053015103 526,736 11,531 SH SOLE 0 AVAYA COM 053499109 511,404 45,257 SH SOLE 45,000 BANK OF AMERICA COM 060505104 2,202,087 48,355 SH SOLE 2,600 BAR HARBOR BANKSHARES COM 066849100 5,353,425 169,950 SH SOLE 3,800 BEAR STEARNS COMPANIES COM 073902108 834,281 6,015 SH SOLE 1,000 BELLSOUTH COM 079860102 372,557 10,752 SH SOLE 0 BERKSHIRE BANCORP COM 084597202 1,295,912 78,020 SH SOLE 14,100 BERKSHIRE HATHAWAY A SHARES COM 084670108 1,807,000 20 SH SOLE 0 BERKSHIRE HATHAWAY B SHARES COM 084670207 7,020,972 2,331 SH SOLE 156 B&G FOODS COM 05508R205 369,873 25,650 SH SOLE 2,400 BIG LOTS COM 089302103 14,215,817 1,018,325 SH SOLE 43,935 BOMBAY STORES COM 097924104 316,470 95,900 SH SOLE 95,300 BORLAND SOFTWARE COM 099849101 665,550 123,250 SH SOLE 113,100 BOSTON COMMUNICATIONS GROUP COM 100582105 486,010 183,400 SH SOLE 175,200 BP PLC COM 055622104 2,014,772 29,225 SH SOLE 0 BRIGGS & STRATTON CORP COM 109043109 746,307 21,100 SH SOLE 2,300 BRISTOL-MYERS SQUIBB COM 110122108 419,133 17,031 SH SOLE 0 BROOKS AUTOMATION COM 114340102 4,178,187 293,412 SH SOLE 177,500 BRUKER BIOSCIENCES COM 116794108 5,875,740 1,088,100 SH SOLE 194,100 CABELA'S INC COM 126804301 10,896,838 531,035 SH SOLE 17,600 CALIFORNIA PIZZA KITCHEN COM 13054D109 11,928,133 367,585 SH SOLE 19,000 CAMBREX CORP COM 132011107 584,246 29,900 SH SOLE 29,000 CARNIVAL CRUISE LINES COM 143658300 741,341 15,650 SH SOLE 1,300 CARRIAGE SERVICES COM 143905107 347,520 72,400 SH SOLE 2,800 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 3/31/2006 - 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 CASCADE NATURAL GAS COM 147339105 2,689,050 136,500 SH SOLE 1,200 CASUAL MALE RETAIL GROUP COM 148711104 5,209,439 534,850 SH SOLE 3,550 CBS CLASS B COM 124857202 5,435,571 226,671 SH SOLE 4,941 C & D TECHNOLOGIES COM 124661109 265,188 28,700 SH SOLE 2,400 CHARMING SHOPPES COM 161133103 13,284,858 893,400 SH SOLE 57,900 CHEMICAL FINANCIAL COM 163731102 777,379 24,060 SH SOLE 2,100 CHESAPEAKE ENERGY COM 165167107 581,085 18,500 SH SOLE 3,000 CHEVRON CORP COM 166764100 2,612,070 45,059 SH SOLE 0 CIMAREX ENERGY COM 171798101 1,743,378 40,300 SH SOLE 3,700 CISCO SYSTEMS COM 17275R102 519,993 23,996 SH SOLE 100 CITIGROUP COM 172967101 2,017,477 42,716 SH SOLE 1,260 CITIZENS BANKING COM 174420109 469,875 17,500 SH SOLE 2,000 CMGI INC COM 125750109 1,240,432 838,130 SH SOLE 813,630 COCA-COLA COM 191216100 274,458 6,555 SH SOLE 0 COLGATE PALMOLIVE COM 194162103 3,167,908 55,480 SH SOLE 0 COMCAST NEW CLASS A COM 20030N101 813,628 31,102 SH SOLE 3,100 COMMERCE GROUP COM 200641108 7,282,673 137,825 SH SOLE 4,050 COMMUNITY BANK SYSTEMS COM 203607106 1,267,228 56,750 SH SOLE 3,500 CONCORD CAMERA COM 206156101 107,892 97,200 SH SOLE 97,200 CONOCOPHILLIPS COM 20825C104 244,012 3,864 SH SOLE 0 COOLBRANDS INTERNATIONAL COM 21639P208 720,111 323,500 SH SOLE 58,500 CORGI INTERNATIONAL LTD ADR COM 21872Q103 232,392 84,200 SH SOLE 83,300 CORNING COM 219350105 377,628 14,033 SH SOLE 2,400 COSTCO WHOLESALE COM 22160K105 823,232 15,200 SH SOLE 0 CRAWFORD & CO COM 224633107 861,000 143,500 SH SOLE 143,500 CRAY COM 225223106 71,314 39,400 SH SOLE 7,700 CREDENCE SYSTEMS COM 225302108 3,461,287 471,565 SH SOLE 378,345 CURAGEN COM 23126R101 80,160 16,000 SH SOLE 7,000 CURATIVE HEALTH SERVICES COM 23126W100 4,774 43,400 SH SOLE 43,400 DESIGN WITHIN REACH COM 250557105 170,700 30,000 SH SOLE 30,000 DIGIMARC CORP COM 253807101 168,075 22,500 SH SOLE 22,500 DISCOVERY HOLDING CLASS A COM 25468Y107 422,745 28,183 SH SOLE 2,708 DISNEY WALT COM 254687106 5,387,372 193,165 SH SOLE 4,700 DOLLAR TREE STORES COM 256747106 11,786,728 425,975 SH SOLE 93,730 DORAL FINANCIAL CORP COM 25811P100 427,350 37,000 SH SOLE 3,000 DRUGSTORE.COM COM 262241102 977,676 316,400 SH SOLE 303,400 DUPONT COM 263534109 20,614,942 488,390 SH SOLE 7,173 EAGLE BROADBAND COM 269437109 2,550 30,000 SH SOLE 0 EMDEON CORPORATION COM 290849108 484,207 44,834 SH SOLE 6,000 EMERSON ELECTRIC COM 291011104 212,337 2,539 SH SOLE 0 ENESCO GROUP COM 292973104 1,146,138 564,600 SH SOLE 557,700 ENZO BIOCHEM COM 294100102 686,435 50,847 SH SOLE 4,520 EPLUS INC COM 294268107 142,300 10,000 SH SOLE 10,000 ESPEED INC COM 296643109 3,059,683 383,900 SH SOLE 63,000 ESS TECHNOLOGY COM 269151106 332,000 100,000 SH SOLE 79,600 ETHAN ALLEN INTERIORS COM 297602104 14,071,448 334,875 SH SOLE 13,940 EUROPEAN EQUITY FUND COM 298768102 3,095,996 301,754 SH SOLE 19,353 EXXON MOBIL COM 30231G102 26,581,274 436,761 SH SOLE 6,400 FAMILY DOLLAR STORES COM 307000109 860,510 32,350 SH SOLE 0 FRIEDMAN BILLINGS RAMSEY GROUP COM 358434108 1,808,464 192,800 SH SOLE 144,600 FEDERAL SIGNAL COM 313855108 10,450,743 564,905 SH SOLE 27,100 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 3/31/2006 - 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 FEDEX CORP COM 31428X106 6,435,321 56,980 SH SOLE 1,100 FIFTH THIRD BANCORP COM 316773100 704,544 17,900 SH SOLE 2,000 FIRST ALBANY COMPANIES COM 318465101 4,728,637 839,900 SH SOLE 58,900 FIRST BANK OF DELAWARE COM 319307104 249,603 87,580 SH SOLE 7,340 FIRST CONSULTING GROUP COM 31986R103 2,887,643 390,750 SH SOLE 72,300 FIRST DATA COM 319963104 2,625,197 56,070 SH SOLE 3,000 FIRST NATIONAL BANK ALASKA COM 32112J106 6,277,250 2,954 SH SOLE 160 FIRST NIAGARA FINANCIAL COM 33582V108 1,652,182 112,700 SH SOLE 9,500 FLEXIINTERNATIONAL SOFTWARE COM 338923105 5,750 25,000 SH SOLE 25,000 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 10,356,665 1,000,644 SH SOLE 159,830 FORD MOTOR CO COM 345370860 86,780 10,902 SH SOLE 0 FOREST LABORATORIES COM 345838106 325,799 7,300 SH SOLE 0 FOSSIL INC COM 349882100 1,646,374 88,610 SH SOLE 12,000 FRANKLIN BANK COM 352451108 1,280,718 66,600 SH SOLE 6,500 FRIEDMAN INDUSTRIES COM 358435105 500,340 53,800 SH SOLE 9,000 GENERAL ELECTRIC COM 369604103 55,294,357 1,589,832 SH SOLE 27,317 GERON CORP COM 374163103 218,553 26,300 SH SOLE 12,000 GETTY REALTY COM 374297109 242,927 8,348 SH SOLE 0 GIGA TRONICS COM 375175106 40,820 15,700 SH SOLE 15,700 GLATFELTER COM 377316104 548,067 29,900 SH SOLE 0 GLOBAL AIRCRAFT SOLUTIONS COM 378964100 31,000 20,000 SH SOLE 20,000 GLOBAL INDUSTRIES COM 379336100 10,274,859 709,100 SH SOLE 203,600 GREATER CHINA FUND COM 39167B102 500,670 28,431 SH SOLE 4,000 HANCOCK FABRICS COM 409900107 506,688 139,200 SH SOLE 139,200 HARVEST NATURAL RESOURCES COM 41754V103 145,800 15,000 SH SOLE 15,000 HEALTH FITNESS COM 42217V102 109,125 45,000 SH SOLE 25,000 HEARST-ARGYLE TELEVISION COM 422317107 7,587,328 324,800 SH SOLE 11,500 HELIX BIOMEDIX COM 423287309 35,587 37,460 SH SOLE 0 HEWLETT PACKARD COM 428236103 15,322,517 465,730 SH SOLE 7,615 HOME DEPOT COM 437076102 5,473,028 129,386 SH SOLE 5,500 HOOPER HOLMES COM 439104100 2,073,575 717,500 SH SOLE 53,600 HUDSON HOLDING COM 443793104 15,000 10,000 SH SOLE 10,000 HUMAN GENOME SCIENCES COM 444903108 377,211 34,702 SH SOLE 10,000 IDERA PHARMACEUTICALS COM 45168K108 63,630 101,000 SH SOLE 22,500 IMMERSION CORP COM 452521107 355,012 40,900 SH SOLE 0 INFOCUS GROUP COM 45665B106 670,700 141,200 SH SOLE 141,200 INTEL COM 458140100 15,921,761 822,830 SH SOLE 107,685 INTERPUBLIC GROUP OF COMPANIES COM 460690100 929,901 97,270 SH SOLE 97,000 INTL BUSINESS MACHINES COM 459200101 10,331,842 125,280 SH SOLE 4,850 INTL PAPER COM 460146103 28,084,046 812,382 SH SOLE 25,080 INTERNATIONAL RECTIFIER COM 460254105 3,618,289 87,335 SH SOLE 0 INTERPOOL INC COM 46062R108 9,385,728 464,640 SH SOLE 21,915 JAKKS PACIFIC COM 47012E106 1,188,593 44,450 SH SOLE 44,450 JAPAN EQUITY FUND COM 471057109 8,781,400 954,500 SH SOLE 70,000 JOHNSON & JOHNSON COM 478160104 9,578,717 161,748 SH SOLE 1,000 KADANT COM 48282T104 11,108,132 489,345 SH SOLE 0 KEMET CORP COM 488360108 4,170,588 440,400 SH SOLE 214,400 KIMBERLY-CLARK COM 494368103 865,266 14,970 SH SOLE 0 KINDRED HEALTHCARE COM 494580103 1,088,995 43,300 SH SOLE 1,700 KREISLER MANUFACTURING COM 500773106 259,068 28,469 SH SOLE 7,769 KYOCERA CORP ADR COM 501556203 6,345,360 72,000 SH SOLE 50 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 3/31/2006 - 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 LA BARGE INC COM 502470107 287,040 19,200 SH SOLE 4,000 LEAR CORP COM 521865105 434,385 24,500 SH SOLE 15,000 LENNOX INTERNATIONAL COM 526107107 467,608 15,660 SH SOLE 820 LEXINGTON PROPERTY TRUST COM 529043101 635,925 30,500 SH SOLE 4,000 LIBBEY INC COM 529898108 2,424,334 342,420 SH SOLE 27,505 LIBERTY GLOBAL A COM 530555101 671,436 32,801 SH SOLE 3,000 LIBERTY GLOBAL SERIES C COM 530555309 259,851 13,157 SH SOLE 0 LIBERTY MEDIA COM 530718105 11,121,036 1,354,572 SH SOLE 65,800 LINCOLN NATIONAL COM 534187109 448,948 8,224 SH SOLE 0 LSI LOGIC COM 502161102 2,662,268 230,300 SH SOLE 226,300 LUCENT TECHNOLOGIES COM 549463107 163,565 53,628 SH SOLE 21,300 M & T BANK COM 55261F104 11,784,156 103,243 SH SOLE 4,632 MANHATTAN PHARMACEUTICALS COM 563118207 13,900 10,000 SH SOLE 10,000 MANULIFE FINANCIAL COM 56501R106 252,335 4,020 SH SOLE 4,020 MARSH & MCLENNAN COM 571748102 795,656 27,100 SH SOLE 3,000 MCDATA CORP CL B COM 580031102 90,948 21,200 SH SOLE 21,200 MEADOWBROOK INSURANCE GROUP COM 58319P108 352,100 50,300 SH SOLE 11,500 MELLON FINANCIAL COM 58551A108 1,148,919 32,273 SH SOLE 4,000 MEMORY PHARMACEUTICALS COM 58606R403 96,845 35,000 SH SOLE 10,000 MERCK & CO COM 589331107 969,248 27,512 SH SOLE 3,350 MERRILL LYNCH COM 590188108 13,336,667 169,333 SH SOLE 64,375 META FINANCIAL GROUP COM 59100U108 564,289 24,717 SH SOLE 4,000 METLIFE COM 59156R108 11,832,511 244,625 SH SOLE 9,710 MFA MORTGAGE INVESTMENTS COM 55272X102 1,315,085 207,100 SH SOLE 17,000 MFS CHARTER INCOME TRUST COM 552727109 728,330 86,500 SH SOLE 0 MICHAELS STORES COM 594087108 2,019,925 53,750 SH SOLE 5,500 MICROSOFT COM 594918104 1,469,177 53,994 SH SOLE 0 MITTAL STEEL COM 60684P101 660,625 17,500 SH SOLE 2,000- MONACO COACH COM 60886R103 10,561,210 788,150 SH SOLE 28,350 MONMOUTH REAL ESTATE INVT CORP COM 609720107 326,275 38,750 SH SOLE 9,000 JPMORGAN CHASE & CO COM 46625H100 23,215,017 557,517 SH SOLE 9,115 MORGAN STANLEY COM 617446448 428,495 6,821 SH SOLE 0 MORGAN STANLEY ASIA PACIFIC FD COM 61744U106 2,844,262 169,100 SH SOLE 6,600 MOVADO GROUP COM 624580106 6,893,996 298,700 SH SOLE 13,600 MYLAN LABORATORIES COM 628530107 561,600 24,000 SH SOLE 24,000 NAPSTER INC COM 630797108 33,800 10,000 SH SOLE 10,000 NASDAQ 100 SHARES COM 631100104 454,923 10,847 SH SOLE 2,500 NATUZZI SPA COM 63905A101 204,400 28,000 SH SOLE 6,500 NATIONAL WESTERN LIFE INSUR COM 638522102 11,312,523 48,700 SH SOLE 2,520 NBTY INC COM 628782104 337,800 15,000 SH SOLE 0 NEOMAGIC CORP COM 640497202 664,496 118,660 SH SOLE 115,640 NESTLE SA ADR COM 641069406 311,679 4,210 SH SOLE 0 NETWORK EQUIPMENT TECHNOLOGIES COM 641208103 2,940,182 740,600 SH SOLE 178,700 NEWALLIANCE BANCSHARES COM 650203102 394,199 27,318 SH SOLE 5,000 NEWCASTLE INVESTMENT COM 65105M108 1,339,520 56,000 SH SOLE 4,200 NEW PLAN EXCEL REALTY TRUST COM 648053106 583,650 22,500 SH SOLE 4,000 NEWPORT CORP COM 651824104 2,600,794 137,900 SH SOLE 0 NOVELL COM 670006105 360,960 47,000 SH SOLE 0 OFFICEMAX INC COM 67622P101 362,040 12,000 SH SOLE 0 OLD REPUBLIC COM 680223104 1,485,222 68,067 SH SOLE 5,000 ON ASSIGNMENT COM 682159108 805,932 73,400 SH SOLE 73,400 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 3/31/2006 - 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 OPSWARE INC COM 68383A101 85,700 10,000 SH SOLE 5,000 OVERLAND STORAGE COM 690310107 1,887,732 207,900 SH SOLE 0 PAMRAPO BANCORP COM 697738102 800,800 38,500 SH SOLE 3,000 PARAMETRIC TECHNOLOGY NEW COM 699173209 829,564 50,800 SH SOLE 50,000 PARK ELECTROCHEMICAL COM 700416209 1,941,395 65,810 SH SOLE 4,000 PATHMARK STORES COM 70322A101 742,660 71,000 SH SOLE 10,000 PCTEL COM 69325Q105 372,232 39,100 SH SOLE 39,100 PDI INC COM 69329V100 546,156 46,800 SH SOLE 44,600 PEPSICO INC COM 713448108 1,910,711 33,063 SH SOLE 4,000 PFIZER INC COM 717081103 17,194,127 689,973 SH SOLE 56,330 PHILIPS ELECTRONICS COM 500472303 255,202 7,584 SH SOLE 0 PHOENIX TECHNOLOGIES LTD COM 719153108 1,526,856 225,200 SH SOLE 219,800 PIPER JAFFRAY COM 724078100 981,750 17,850 SH SOLE 1,600 PLANAR SYSTEMS COM 726900103 7,268,832 429,600 SH SOLE 46,000 PNC FINANCIAL SERVICES GROUP COM 693475105 1,374,807 20,425 SH SOLE 0 PRICESMART INC COM 741511109 210,727 26,440 SH SOLE 26,440 PROVIDENCE & WORCESTER RR COM 743737108 214,013 13,170 SH SOLE 1,500 QLT INC COM 746927102 153,800 20,000 SH SOLE 0 QUALCOMM COM 747525103 403,058 7,964 SH SOLE 0 QUICKSILVER COM 74838C106 537,768 38,800 SH SOLE 0 RADIOSHACK CORP COM 750438103 394,215 20,500 SH SOLE 20,500 RAMCO GERSHENSON PROPERTIES TR COM 751452202 366,267 12,100 SH SOLE 0 REGAL-BELOIT COM 758750103 7,608,600 180,000 SH SOLE 9,000 REGENERON PHARMACEUTICALS COM 75886F107 282,710 17,000 SH SOLE 0 REPUBLIC FIRST BANCORP COM 760416107 860,365 58,608 SH SOLE 8,220 RESTORATION HARDWARE COM 760981100 184,925 32,500 SH SOLE 5,000 RICHARDSON ELECTRONICS COM 763165107 329,226 35,024 SH SOLE 2,024 ROHM & HAAS COM 775371107 244,350 5,000 SH SOLE 0 THE ROWE COMPANIES COM 779528108 98,165 67,700 SH SOLE 67,700 ROYAL DUTCH SHELL PLC ADR A COM 780259206 572,792 9,200 SH SOLE 0 SAFECO COM 786429100 361,512 7,200 SH SOLE 0 SAKS INC COM 79377W108 1,914,464 99,195 SH SOLE 3,050 SBS TECHNOLOGIES COM 78387P103 816,480 50,400 SH SOLE 40,000 SCHEIN (HENRY) COM 806407102 1,512,376 31,600 SH SOLE 0 SCHLUMBERGER LTD COM 806857108 330,854 2,614 SH SOLE 0 SCHMITT INDUSTRIES COM 806870200 859,716 128,700 SH SOLE 14,900 SCIENCE DYNAMICS COM 808631105 30,508 469,350 SH SOLE 24,850 SEABOARD CORP COM 811543107 1,386,780 870 SH SOLE 0 SEA CONTAINERS LTD CLASS A COM 811371707 162,225 22,500 SH SOLE 3,500 SE FINANCIAL COM 78412R108 635,202 48,600 SH SOLE 0 SEMCO ENERGY COM 78412D109 60,940 11,000 SH SOLE 10,000 SENECA FOODS NEW COM 817070501 562,746 28,400 SH SOLE 6,500 SHAW GROUP COM 820280105 933,280 30,700 SH SOLE 8,000 SIFCO INDUSTRIES COM 826546103 212,910 45,300 SH SOLE 45,300 SITEL CORP COM 82980K107 1,620,360 385,800 SH SOLE 381,800 SONOSITE COM 83568G104 9,005,824 221,600 SH SOLE 6,400 SPANSION INC COM 84649R101 1,946,200 131,500 SH SOLE 129,000 STARRETT L S COM 855668109 810,536 56,800 SH SOLE 0 STATE STREET COM 857477103 8,208,811 135,840 SH SOLE 0 STMICROELECTRONICS N V COM 861012102 211,485 11,500 SH SOLE 0 STONERIDGE COM 86183P102 1,580,320 290,500 SH SOLE 281,500 Shufro, Rose & CO LLC Page: 6 Form 13F Information Table As of Date: 3/31/2006 - 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 SUN MICROSYSTEMS COM 866810104 173,445 33,810 SH SOLE 16,000 SONOCO PRODUCTS COM 835495102 12,055,349 355,930 SH SOLE 0 SUNTERRA CORPORATION COM 86787D208 895,713 62,725 SH SOLE 0 SWISS HELVETIA FUND COM 870875101 11,520,496 687,380 SH SOLE 35,400 SYMMETRICOM INC COM 871543104 2,381,175 278,500 SH SOLE 69,100 SYNOPSYS INC COM 871607107 268,200 12,000 SH SOLE 2,500 SYSCO CORP COM 871829107 258,676 8,071 SH SOLE 0 TARGET CORP COM 87612E106 972,587 18,700 SH SOLE 1,000 TARRANT APPAREL GROUP COM 876289109 12,500 10,000 SH SOLE 10,000 TASTY BAKING COM 876553306 310,400 38,800 SH SOLE 38,800 TECUMSEH PRODUCTS CLASS A COM 878895200 334,480 13,630 SH SOLE 0 TELLABS COM 879664100 3,543,315 222,850 SH SOLE 145,950 TEXAS INSTRUMENTS COM 882508104 293,204 9,030 SH SOLE 0 THERMO ELECTRON COM 883556102 3,509,456 94,620 SH SOLE 5,400 THOMAS & BETTS COM 884315102 205,520 4,000 SH SOLE 0 TIME WARNER COM 887317105 1,842,451 109,735 SH SOLE 13,550 TOOTSIE ROLL INDUSTRIES COM 890516107 207,117 7,076 SH SOLE 2,575 TRANSATLANTIC HOLDINGS COM 893521104 5,336,485 91,300 SH SOLE 3,250 21ST CENTURY INSURANCE GROUP COM 90130N103 9,728,060 615,700 SH SOLE 19,700 UNIONBANCORP COM 908908106 359,100 17,100 SH SOLE 2,000 UNITED CAPITAL COM 909912107 425,448 17,100 SH SOLE 3,000 UNITED PARCEL SERVICE COM 911312106 213,532 2,690 SH SOLE 0 UTSTARCOM INC COM 918076100 2,381,646 378,640 SH SOLE 363,540 VALENCE TECH COM 918914102 563,238 226,200 SH SOLE 226,200 VARIAN INC COM 922206107 15,950,826 387,344 SH SOLE 5,225 VIACOM CLASS B COM 92553P201 8,397,212 216,423 SH SOLE 4,941 VILLAGE SUPERMARKET COM 927107409 297,450 5,000 SH SOLE 1,500 VIRBAC CORP COM 927649103 893,925 205,500 SH SOLE 27,000 VISHAY INTERTECHNOLOGY COM 928298108 209,328 14,700 SH SOLE 1,500 VITESSE SEMICONDUCTOR COM 928497106 7,153,019 1,998,050 SH SOLE 1,601,475 VIVENDI UNIVERSAL COM 92851S204 344,907 10,085 SH SOLE 0 VODAFONE GROUP PLC NEW COM 92857W100 792,737 37,930 SH SOLE 1,250 WAL-MART STORES COM 931142103 649,833 13,756 SH SOLE 0 WASHINGTON POST COM 939640108 1,460,290 1,880 SH SOLE 40 WATSON PHARMACEUTICALS COM 942683103 1,086,372 37,800 SH SOLE 9,500 WESTAFF INC COM 957070105 617,265 159,500 SH SOLE 0 WILD OATS MARKETS COM 96808B107 365,940 18,000 SH SOLE 18,000 WILSONS LEATHER EXPERTS COM 972463103 273,390 70,100 SH SOLE 70,100 WYETH COM 983024100 826,247 17,029 SH SOLE 0 YANKEE CANDLE COM 984757104 511,819 18,700 SH SOLE 0 YUM BRANDS COM 988498101 966,500 19,781 SH SOLE 900 ZEBRA TECHNOLOGIES COM 989207105 460,616 10,300 SH SOLE 1,000 3M COMPANY COM 88579Y101 26,388,864 348,644 SH SOLE 9,455 Line Count: 298