13F-HR 1 shufrorose06302006.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: June 30, 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 July 14, 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: 06/30/06 RUN DATE: 7/14/06 03:20 P.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 331 FORM 13F INFORMATION TABLE VALUE TOTAL: $907,680,834.61 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 6/30/2006 - 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 2,817,117 3,517,000 PRN SOLE 145,000 HUNTSMAN CORP 5% CONV PFD CONV PFD 447011206 343,823 8,850 SH SOLE 0 ABERDEEN ASIA PACIFIC FUND COM 003009107 449,541 75,300 SH SOLE 2,100 ADAPTEC COM 00651F108 7,592,071 1,749,325 SH SOLE 715,775 ADVANCED DIGITAL INFORMATION COM 007525108 1,765,818 150,027 SH SOLE 24,550 AGCO CORP COM 001084102 2,142,316 81,395 SH SOLE 1,500 AGRIUM INC COM 008916108 15,865,297 683,260 SH SOLE 32,375 ALASKA PACIFIC BANCSHARES COM 011757101 565,450 26,300 SH SOLE 3,600 ALBANY MOLECULAR RESEARCH COM 012423109 1,217,520 114,000 SH SOLE 114,000 ALLEGHANY CORP COM 017175100 5,065,403 18,329 SH SOLE 1,171 ALLEN ORGAN CLASS B COM 017753104 497,700 6,300 SH SOLE 500 ALLOY INC COM 019855303 181,215 17,275 SH SOLE 17,275 ALLTEL CORP COM 020039103 759,577 11,900 SH SOLE 1,000 AMERICAN AXLE & MANUFACTURING COM 024061103 2,733,323 159,750 SH SOLE 153,525 AMERICAN EAGLE OUTFITTERS COM 02553E106 1,109,704 32,600 SH SOLE 2,000 AMERICAN ELECTRIC POWER COM 025537101 691,884 20,201 SH SOLE 5,000 AMERICAN EXPRESS COM 025816109 2,853,656 53,620 SH SOLE 3,300 AMERICAN FINANCIAL GROUP COM 025932104 214,500 5,000 SH SOLE 0 AMERICAN POWER CONVERSION COM 029066107 7,659,765 393,010 SH SOLE 8,525 AMERICAN SOFTWARE COM 029683109 107,520 16,000 SH SOLE 4,000 AMERISERV FINANCIAL COM 03074A102 219,781 44,762 SH SOLE 0 ANDRX GROUP COM 034553107 313,065 13,500 SH SOLE 1,000 ANHEUSER-BUSCH COM 035229103 535,683 11,750 SH SOLE 0 APAC CUSTOMER SERVICES COM 00185E106 98,112 51,100 SH SOLE 51,100 APPLIED MATERIALS COM 038222105 3,209,716 197,157 SH SOLE 7,200 APRIA HEALTH GROUP COM 037933108 210,735 11,150 SH SOLE 1,450 ASYST TECHNOLOGIES COM 04648X107 826,530 109,765 SH SOLE 101,960 AT&T INC COM 00206R102 613,664 22,003 SH SOLE 0 ATMEL CORP COM 049513104 3,709,343 668,350 SH SOLE 659,500 AUTOMATIC DATA PROCESSING COM 053015103 603,064 13,298 SH SOLE 0 AVAYA COM 053499109 516,835 45,257 SH SOLE 45,000 AXCAN PHARMA COM 054923107 330,372 25,200 SH SOLE 0 BANK OF AMERICA COM 060505104 2,453,148 51,001 SH SOLE 2,600 BAR HARBOR BANKSHARES COM 066849100 5,281,928 182,450 SH SOLE 4,700 BARR PHARMACEUTICALS COM 068306109 286,688 6,012 SH SOLE 0 BAUSCH & LOMB COM 071707103 6,840,344 139,485 SH SOLE 8,000 BAXTER INTERNATIONAL COM 071813109 409,506 11,140 SH SOLE 0 BEAR STEARNS COMPANIES COM 073902108 812,464 5,800 SH SOLE 1,000 BELLSOUTH COM 079860102 387,014 10,691 SH SOLE 0 BERKSHIRE BANCORP COM 084597202 1,425,381 87,270 SH SOLE 14,100 BERKSHIRE HATHAWAY A SHARES COM 084670108 1,833,180 20 SH SOLE 0 BERKSHIRE HATHAWAY B SHARES COM 084670207 7,093,233 2,331 SH SOLE 156 B&G FOODS COM 05508R205 415,787 25,650 SH SOLE 2,400 BIG LOTS COM 089302103 1,015,150 59,435 SH SOLE 1,935 BNCCORP INC COM 055936108 210,375 16,500 SH SOLE 4,000 BOMBAY STORES COM 097924104 232,078 95,900 SH SOLE 95,300 BORLAND SOFTWARE COM 099849101 1,181,664 223,800 SH SOLE 214,300 BOSTON COMMUNICATIONS GROUP COM 100582105 243,786 198,200 SH SOLE 190,200 BP PLC COM 055622104 2,198,910 31,589 SH SOLE 0 BRESLER & REINER COM 107336109 734,965 25,300 SH SOLE 3,300 BRIGGS & STRATTON CORP COM 109043109 640,866 20,600 SH SOLE 2,300 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 6/30/2006 - 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 BRISTOL-MYERS SQUIBB COM 110122108 430,078 16,631 SH SOLE 0 BROOKS AUTOMATION COM 114340102 3,461,082 293,312 SH SOLE 177,500 BRUKER BIOSCIENCES COM 116794108 5,807,024 1,083,400 SH SOLE 194,100 CABELA'S INC COM 126804301 10,633,446 552,100 SH SOLE 27,600 CALIFORNIA PIZZA KITCHEN COM 13054D109 10,057,268 365,985 SH SOLE 18,400 CAMBREX CORP COM 132011107 622,817 29,900 SH SOLE 29,000 CARBO CERAMICS COM 140781105 879,427 17,900 SH SOLE 800 CARNIVAL CRUISE LINES COM 143658300 669,092 16,030 SH SOLE 1,300 CARRIAGE SERVICES COM 143905107 356,643 77,700 SH SOLE 2,800 CARTER'S INC COM 146229109 563,620 21,325 SH SOLE 0 CASUAL MALE RETAIL GROUP COM 148711104 5,366,700 534,000 SH SOLE 3,550 CBRL GROUP COM 12489V106 305,348 9,002 SH SOLE 0 CBS CLASS B COM 124857202 6,046,703 223,538 SH SOLE 5,541 C & D TECHNOLOGIES COM 124661109 209,808 27,900 SH SOLE 2,400 CENTRAL EUROPEAN DISTR COM 153435102 747,252 29,700 SH SOLE 0 CHARMING SHOPPES COM 161133103 9,996,856 889,400 SH SOLE 57,900 CHEMICAL FINANCIAL COM 163731102 728,586 23,810 SH SOLE 2,100 CHESAPEAKE ENERGY COM 165167107 1,043,625 34,500 SH SOLE 3,000 CHEVRON CORP COM 166764100 2,777,930 44,762 SH SOLE 0 CIMAREX ENERGY COM 171798101 1,732,900 40,300 SH SOLE 3,700 CISCO SYSTEMS COM 17275R102 699,838 35,834 SH SOLE 100 CITIGROUP COM 172967101 5,436,021 112,687 SH SOLE 2,210 CITIZENS BANKING COM 174420109 427,175 17,500 SH SOLE 2,000 CMGI INC COM 125750109 1,226,250 1,013,430 SH SOLE 988,930 COCA-COLA COM 191216100 351,947 8,181 SH SOLE 0 COLGATE PALMOLIVE COM 194162103 3,513,435 58,655 SH SOLE 0 COLUMBIA FINANCIAL COM 197642101 174,720 10,400 SH SOLE 3,000 COMCAST NEW CLASS A COM 20030N101 886,501 27,077 SH SOLE 3,100 COMMERCE GROUP COM 200641108 8,630,702 292,170 SH SOLE 8,100 COMMUNITY BANK SYSTEMS COM 203607106 1,137,084 56,375 SH SOLE 3,500 CONCORD CAMERA COM 206156101 62,848 98,200 SH SOLE 98,200 CONOCOPHILLIPS COM 20825C104 253,208 3,864 SH SOLE 0 COOLBRANDS INTERNATIONAL COM 21639P208 653,020 317,000 SH SOLE 54,500 CORGI INTERNATIONAL LTD ADR COM 21872Q103 174,294 84,200 SH SOLE 83,300 CORNING COM 219350105 300,029 12,403 SH SOLE 1,770 COSTCO WHOLESALE COM 22160K105 879,802 15,400 SH SOLE 0 COST PLUS COM 221485105 1,422,020 97,000 SH SOLE 97,000 CRAWFORD & CO COM 224633107 1,662,170 231,500 SH SOLE 231,500 CREDENCE SYSTEMS COM 225302108 4,161,623 1,189,035 SH SOLE 483,595 CSS INDUSTRIES COM 125906107 209,875 7,300 SH SOLE 0 CURAGEN COM 23126R101 49,000 14,000 SH SOLE 5,000 CVS CORP COM 126650100 581,212 18,932 SH SOLE 0 DEL MONTE FOODS COM 24522P103 407,278 36,267 SH SOLE 2,000 DESIGN WITHIN REACH COM 250557105 205,200 30,000 SH SOLE 30,000 DIGIMARC CORP COM 253807101 262,225 42,500 SH SOLE 42,500 DISCOVERY HOLDING CLASS A COM 25468Y107 398,945 27,269 SH SOLE 2,500 DISNEY WALT COM 254687106 6,151,200 205,040 SH SOLE 4,700 DOLLAR TREE STORES COM 256747106 11,284,363 425,825 SH SOLE 93,230 DORAL FINANCIAL CORP COM 25811P100 192,941 30,100 SH SOLE 3,000 D R HORTON COM 23331A109 7,707,557 323,575 SH SOLE 15,290 DRUGSTORE.COM COM 262241102 916,980 316,200 SH SOLE 303,400 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 6/30/2006 - 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 DUPONT COM 263534109 19,944,246 479,429 SH SOLE 7,173 EMDEON CORPORATION COM 290849108 347,480 28,000 SH SOLE 6,000 EMERSON ELECTRIC COM 291011104 212,794 2,539 SH SOLE 0 ENESCO GROUP COM 292973104 150,024 263,200 SH SOLE 257,100 ENZO BIOCHEM COM 294100102 766,773 50,847 SH SOLE 4,520 EPLUS INC COM 294268107 113,300 10,000 SH SOLE 10,000 ESPEED INC COM 296643109 3,909,269 469,300 SH SOLE 101,000 ESS TECHNOLOGY COM 269151106 82,836 38,350 SH SOLE 28,600 ETHAN ALLEN INTERIORS COM 297602104 12,014,351 328,710 SH SOLE 12,690 EUROPEAN EQUITY FUND COM 298768102 3,092,415 301,699 SH SOLE 19,353 EXELON CORP COM 30161N101 352,346 6,200 SH SOLE 600 EXXON MOBIL COM 30231G102 27,398,419 446,592 SH SOLE 6,400 FAMILY DOLLAR STORES COM 307000109 774,431 31,700 SH SOLE 0 FRIEDMAN BILLINGS RAMSEY GROUP COM 358434108 2,707,396 246,800 SH SOLE 156,600 FEDERAL SIGNAL COM 313855108 9,160,154 605,030 SH SOLE 27,100 FEDEX CORP COM 31428X106 5,889,861 50,401 SH SOLE 1,100 FIFTH THIRD BANCORP COM 316773100 642,930 17,400 SH SOLE 2,000 FIRST ALBANY COMPANIES COM 318465101 4,087,350 908,300 SH SOLE 65,100 FIRST BANK OF DELAWARE COM 319307104 373,113 149,245 SH SOLE 13,135 FIRST DATA COM 319963104 2,480,353 55,070 SH SOLE 3,000 FIRST NATIONAL BANK ALASKA COM 32112J106 6,218,538 2,994 SH SOLE 160 FIRST NIAGARA FINANCIAL COM 33582V108 832,788 59,400 SH SOLE 4,500 FLEXIINTERNATIONAL SOFTWARE COM 338923105 7,500 25,000 SH SOLE 25,000 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 9,816,926 924,381 SH SOLE 160,830 FORD MOTOR CO COM 345370860 73,472 10,602 SH SOLE 0 FOREST LABORATORIES COM 345838106 359,817 9,300 SH SOLE 2,000 FOSSIL INC COM 349882100 1,807,033 100,335 SH SOLE 12,000 FRANKLIN BANK COM 352451108 1,304,274 64,600 SH SOLE 6,500 FRIEDMAN INDUSTRIES COM 358435105 627,165 69,300 SH SOLE 11,800 GENAERA CORP COM 36867G100 7,700 14,000 SH SOLE 0 GENERAL ELECTRIC COM 369604103 54,212,740 1,644,804 SH SOLE 32,117 GENERAL MILLS COM 370334104 258,300 5,000 SH SOLE 0 GERON CORP COM 374163103 340,170 49,300 SH SOLE 15,000 GIGA TRONICS COM 375175106 29,987 15,700 SH SOLE 15,700 GLATFELTER COM 377316104 474,513 29,900 SH SOLE 0 GLOBAL AIRCRAFT SOLUTIONS COM 378964100 25,000 20,000 SH SOLE 20,000 GLOBAL INDUSTRIES COM 379336100 517,700 31,000 SH SOLE 30,250 GREATER CHINA FUND COM 39167B102 442,798 24,765 SH SOLE 4,000 GSI GROUP COM 36229U102 85,900 10,000 SH SOLE 10,000 HANCOCK FABRICS COM 409900107 464,928 139,200 SH SOLE 139,200 HANDLEMAN CO COM 410252100 709,050 87,000 SH SOLE 87,000 HARVEST NATURAL RESOURCES COM 41754V103 135,400 10,000 SH SOLE 10,000 HEALTH FITNESS COM 42217V102 85,500 47,500 SH SOLE 25,000 HEARST-ARGYLE TELEVISION COM 422317107 7,161,779 324,650 SH SOLE 11,500 HEWLETT PACKARD COM 428236103 14,481,118 457,106 SH SOLE 7,615 HOME DEPOT COM 437076102 4,919,872 137,465 SH SOLE 5,500 HONEYWELL INTL COM 438516106 229,065 5,684 SH SOLE 0 HOOPER HOLMES COM 439104100 2,597,685 851,700 SH SOLE 53,600 HUDSON HOLDING COM 443793104 18,500 10,000 SH SOLE 10,000 HUMAN GENOME SCIENCES COM 444903108 360,611 33,702 SH SOLE 10,000 INTERNATIONAL COAL GROUP COM 45928H106 8,282,233 1,151,910 SH SOLE 60,175 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 6/30/2006 - 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 IDERA PHARMACEUTICALS COM 45168K108 49,555 93,500 SH SOLE 22,500 IMMERSION CORP COM 452521107 239,674 40,900 SH SOLE 0 INFOCUS GROUP COM 45665B106 403,832 141,200 SH SOLE 141,200 INTEL COM 458140100 17,145,980 902,420 SH SOLE 171,135 INTERPUBLIC GROUP OF COMPANIES COM 460690100 1,005,925 120,470 SH SOLE 97,000 INTERVIDEO INC COM 46114Y101 512,925 52,500 SH SOLE 52,500 INTL BUSINESS MACHINES COM 459200101 10,644,256 138,561 SH SOLE 4,950 INTL PAPER COM 460146103 27,264,592 844,105 SH SOLE 27,230 INTERNATIONAL RECTIFIER COM 460254105 3,360,098 85,980 SH SOLE 0 INTERPOOL INC COM 46062R108 10,215,423 459,740 SH SOLE 21,915 ISHARES TRUST S&P GLOBAL ENERG COM 464287341 275,002 2,600 SH SOLE 0 JAKKS PACIFIC COM 47012E106 883,960 44,000 SH SOLE 44,000 JAPAN EQUITY FUND COM 471057109 8,032,876 973,800 SH SOLE 70,000 JOHNSON & JOHNSON COM 478160104 11,056,858 184,527 SH SOLE 1,000 KADANT COM 48282T104 11,204,565 487,155 SH SOLE 0 KEMET CORP COM 488360108 3,396,648 368,400 SH SOLE 214,400 KIMBERLY-CLARK COM 494368103 948,699 15,376 SH SOLE 0 KINDRED HEALTHCARE COM 494580103 1,047,800 40,300 SH SOLE 700 KYOCERA CORP ADR COM 501556203 5,608,108 72,130 SH SOLE 1,250 LA BARGE INC COM 502470107 241,514 18,200 SH SOLE 4,000 LEAPFROG ENTERPRISES COM 52186N106 194,203 19,228 SH SOLE 19,000 LEAR CORP COM 521865105 539,703 24,300 SH SOLE 17,000 LEXINGTON PROPERTY TRUST COM 529043101 3,276,720 151,700 SH SOLE 12,100 LIBBEY INC COM 529898108 111,720 15,200 SH SOLE 15,000 LIBERTY MEDIA HLDG CAPITAL A COM 53071M302 5,567,689 66,464 SH SOLE 3,140 LIBERTY GLOBAL A COM 530555101 702,341 32,667 SH SOLE 3,000 LIBERTY GLOBAL SERIES C COM 530555309 268,274 13,042 SH SOLE 0 LIBERTY MEDIA HLDG INTRACTVE A COM 53071M104 5,736,361 332,350 SH SOLE 15,700 LINCOLN NATIONAL COM 534187109 464,163 8,224 SH SOLE 0 LOWES COMPANIES COM 548661107 290,549 4,789 SH SOLE 0 LSI LOGIC COM 502161102 2,016,435 225,300 SH SOLE 221,300 LUCENT TECHNOLOGIES COM 549463107 81,380 33,628 SH SOLE 1,300 M & T BANK COM 55261F104 11,829,499 100,318 SH SOLE 4,627 MANHATTAN PHARMACEUTICALS COM 563118207 8,000 10,000 SH SOLE 10,000 MANULIFE FINANCIAL COM 56501R106 255,431 8,040 SH SOLE 8,040 MARSH & MCLENNAN COM 571748102 882,073 32,803 SH SOLE 3,000 MCDATA CORP CL B COM 580031102 78,016 21,200 SH SOLE 21,200 MEADOWBROOK INSURANCE GROUP COM 58319P108 464,256 55,800 SH SOLE 11,500 MELLON FINANCIAL COM 58551A108 1,093,600 31,763 SH SOLE 4,000 MEMORY PHARMACEUTICALS COM 58606R403 35,640 33,000 SH SOLE 10,000 MERCK & CO COM 589331107 976,433 26,803 SH SOLE 3,350 MERRILL LYNCH COM 590188108 10,297,175 148,033 SH SOLE 62,375 META FINANCIAL GROUP COM 59100U108 534,134 24,717 SH SOLE 4,000 METLIFE COM 59156R108 12,488,327 243,865 SH SOLE 9,710 MFA MORTGAGE INVESTMENTS COM 55272X102 1,404,208 204,100 SH SOLE 14,000 MFS CHARTER INCOME TRUST COM 552727109 729,048 88,800 SH SOLE 0 MICHAELS STORES COM 594087108 2,253,766 54,650 SH SOLE 5,500 MICROSOFT COM 594918104 1,347,253 57,822 SH SOLE 0 MITTAL STEEL COM 60684P101 564,435 18,500 SH SOLE 0 MONACO COACH COM 60886R103 11,315,764 891,005 SH SOLE 55,050 MONMOUTH REAL ESTATE INVT CORP COM 609720107 312,325 38,750 SH SOLE 9,000 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 6/30/2006 - 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 JPMORGAN CHASE & CO COM 46625H100 23,147,259 551,125 SH SOLE 9,115 MORGAN STANLEY COM 617446448 456,439 7,221 SH SOLE 0 MORGAN STANLEY ASIA PACIFIC FD COM 61744U106 2,090,025 132,700 SH SOLE 5,600 MOVADO GROUP COM 624580106 6,625,665 288,700 SH SOLE 13,600 MYLAN LABORATORIES COM 628530107 510,000 25,500 SH SOLE 24,000 NANOPHASE TECHNOLOGIES COM 630079101 85,432 11,800 SH SOLE 8,000 NASDAQ 100 SHARES COM 631100104 487,136 12,568 SH SOLE 2,500 NATURES SUNSHINE PRODUCTS COM 639027101 205,260 22,000 SH SOLE 22,000 NATUZZI SPA COM 63905A101 107,250 15,000 SH SOLE 5,000 NATIONAL WESTERN LIFE INSUR COM 638522102 11,646,990 48,600 SH SOLE 2,620 NBTY INC COM 628782104 310,830 13,000 SH SOLE 0 NEOMAGIC CORP COM 640497202 373,779 118,660 SH SOLE 115,640 NESTLE SA ADR COM 641069406 329,141 4,200 SH SOLE 0 NETWORK EQUIPMENT TECHNOLOGIES COM 641208103 2,332,392 742,800 SH SOLE 178,700 NEWALLIANCE BANCSHARES COM 650203102 269,286 18,818 SH SOLE 5,000 NEWCASTLE INVESTMENT COM 65105M108 1,425,516 56,300 SH SOLE 4,200 NEW PLAN EXCEL REALTY TRUST COM 648053106 544,415 22,050 SH SOLE 4,000 NEWPORT CORP COM 651824104 2,232,620 138,500 SH SOLE 0 NOVELL COM 670006105 311,610 47,000 SH SOLE 0 OLD REPUBLIC COM 680223104 1,446,984 67,711 SH SOLE 5,000 ON ASSIGNMENT COM 682159108 453,986 49,400 SH SOLE 49,400 OVERLAND STORAGE COM 690310107 3,482,660 519,800 SH SOLE 25,000 PAMRAPO BANCORP COM 697738102 764,225 38,500 SH SOLE 3,000 PARAMETRIC TECHNOLOGY NEW COM 699173209 645,668 50,800 SH SOLE 50,000 PATHMARK STORES COM 70322A101 668,110 71,000 SH SOLE 10,000 PCTEL COM 69325Q105 333,914 39,100 SH SOLE 39,100 PDI INC COM 69329V100 672,733 46,750 SH SOLE 44,600 PEPSICO INC COM 713448108 2,160,119 35,978 SH SOLE 4,000 PERINI CORP COM 713839108 477,000 21,200 SH SOLE 0 PFIZER INC COM 717081103 16,932,247 721,442 SH SOLE 57,830 PHILIPS ELECTRONICS COM 500472303 612,493 19,669 SH SOLE 0 PHOENIX TECHNOLOGIES LTD COM 719153108 1,082,731 225,100 SH SOLE 219,800 PIPER JAFFRAY COM 724078100 618,221 10,100 SH SOLE 1,000 PLANAR SYSTEMS COM 726900103 4,258,548 353,700 SH SOLE 21,000 PMA CAPITAL CL A COM 693419202 180,250 17,500 SH SOLE 5,000 PNC FINANCIAL SERVICES GROUP COM 693475105 1,377,086 19,625 SH SOLE 0 PRICESMART INC COM 741511109 264,929 26,440 SH SOLE 26,440 PROCTER & GAMBLE COM 742718109 204,219 3,673 SH SOLE 0 QLT INC COM 746927102 145,140 20,500 SH SOLE 2,000 QUALCOMM COM 747525103 326,250 8,142 SH SOLE 1,000 QUEST DIAGNOSTICS COM 74834L100 874,832 14,600 SH SOLE 0 QUICKSILVER COM 74838C106 472,584 38,800 SH SOLE 0 RADIOSHACK CORP COM 750438103 287,000 20,500 SH SOLE 20,500 RAMCO GERSHENSON PROPERTIES TR COM 751452202 325,853 12,100 SH SOLE 0 REGAL-BELOIT COM 758750103 5,055,175 114,500 SH SOLE 6,500 REGENERON PHARMACEUTICALS COM 75886F107 451,264 35,200 SH SOLE 5,500 REGIS COM 758932107 381,027 10,700 SH SOLE 0 REPUBLIC FIRST BANCORP COM 760416107 879,920 64,463 SH SOLE 9,041 RESTORATION HARDWARE COM 760981100 233,350 32,500 SH SOLE 5,000 RICHARDSON ELECTRONICS COM 763165107 246,401 33,524 SH SOLE 2,024 ROHM & HAAS COM 775371107 230,552 4,600 SH SOLE 0 Shufro, Rose & CO LLC Page: 6 Form 13F Information Table As of Date: 6/30/2006 - 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 THE ROWE COMPANIES COM 779528108 109,674 67,700 SH SOLE 67,700 ROYAL DUTCH SHELL PLC ADR A COM 780259206 1,076,101 16,066 SH SOLE 0 SAFECO COM 786429100 405,720 7,200 SH SOLE 0 ST JOE CO COM 790148100 221,065 4,750 SH SOLE 0 SAKS INC COM 79377W108 14,542,570 899,355 SH SOLE 28,975 S & P DEPOSITORY RECEIPTS COM 78462F103 416,969 3,276 SH SOLE 0 S & P MIDCAP SPDRS COM 595635103 557,916 4,009 SH SOLE 767 SANOFI SYNTHELABO COM 80105N105 686,670 14,100 SH SOLE 0 SCHEIN (HENRY) COM 806407102 1,420,592 30,400 SH SOLE 0 SCHLUMBERGER LTD COM 806857108 366,439 5,628 SH SOLE 0 SCHMITT INDUSTRIES COM 806870200 992,340 133,200 SH SOLE 14,900 SCIENCE DYNAMICS COM 808631105 32,855 469,350 SH SOLE 24,850 SEABOARD CORP COM 811543107 1,113,600 870 SH SOLE 0 SE FINANCIAL COM 78412R108 685,950 53,800 SH SOLE 0 SEMCO ENERGY COM 78412D109 61,160 11,000 SH SOLE 10,000 SENECA FOODS NEW COM 817070501 652,348 28,400 SH SOLE 6,500 SHAW GROUP COM 820280105 222,400 8,000 SH SOLE 6,500 SIFCO INDUSTRIES COM 826546103 218,346 45,300 SH SOLE 45,300 SILICON STORAGE TECHNOLOGY COM 827057100 296,380 73,000 SH SOLE 73,000 SIMPLETECH COM 828823104 110,625 29,500 SH SOLE 25,500 SITEL CORP COM 82980K107 457,856 116,800 SH SOLE 112,800 SONOSITE COM 83568G104 8,829,286 226,160 SH SOLE 6,400 SPANSION INC COM 84649R101 2,094,516 131,400 SH SOLE 129,000 STARRETT L S COM 855668109 769,860 56,400 SH SOLE 0 STATE STREET COM 857477103 7,645,225 131,610 SH SOLE 0 STMICROELECTRONICS N V COM 861012102 176,770 11,000 SH SOLE 0 STONERIDGE COM 86183P102 2,411,150 290,500 SH SOLE 281,500 SUN MICROSYSTEMS COM 866810104 95,450 23,000 SH SOLE 15,000 SONOCO PRODUCTS COM 835495102 10,946,153 345,850 SH SOLE 0 SUNTERRA CORPORATION COM 86787D208 688,896 67,275 SH SOLE 4,000 SUPERIOR INDUSTRIES INTL COM 868168105 954,738 52,200 SH SOLE 900 SWISS HELVETIA FUND COM 870875101 11,028,634 662,380 SH SOLE 35,400 SYMMETRICOM INC COM 871543104 1,961,925 277,500 SH SOLE 69,100 SYNOPSYS INC COM 871607107 225,240 12,000 SH SOLE 2,500 SYSCO CORP COM 871829107 252,762 8,271 SH SOLE 0 TARGET CORP COM 87612E106 923,643 18,900 SH SOLE 1,000 TASTY BAKING COM 876553306 364,720 38,800 SH SOLE 38,800 TECUMSEH PRODUCTS CLASS A COM 878895200 253,056 13,180 SH SOLE 0 TELLABS COM 879664100 1,068,793 80,300 SH SOLE 32,250 TEVA PHARMACEUTICAL COM 881624209 266,304 8,430 SH SOLE 0 TEXAS INSTRUMENTS COM 882508104 278,062 9,180 SH SOLE 0 THERMO ELECTRON COM 883556102 3,397,500 93,750 SH SOLE 5,400 TIME WARNER COM 887317105 2,976,725 172,065 SH SOLE 13,550 TOOTSIE ROLL INDUSTRIES COM 890516107 206,124 7,076 SH SOLE 2,575 TRANSATLANTIC HOLDINGS COM 893521104 7,785,752 139,280 SH SOLE 5,450 21ST CENTURY INSURANCE GROUP COM 90130N103 9,277,920 644,300 SH SOLE 19,700 TYCO INTERNATIONAL LTD COM 902124106 704,055 25,602 SH SOLE 3,524 UNIONBANCORP COM 908908106 343,710 17,100 SH SOLE 2,000 UNITED CAPITAL COM 909912107 519,400 19,600 SH SOLE 3,000 UNITED PARCEL SERVICE COM 911312106 361,429 4,390 SH SOLE 0 UNITED TECHNOLOGIES COM 913017109 961,447 15,160 SH SOLE 0 Shufro, Rose & CO LLC Page: 7 Form 13F Information Table As of Date: 6/30/2006 - 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 UNIVISION COMMUNICATIONS COM 914906102 351,750 10,500 SH SOLE 0 UNUMPROVIDENT CORP COM 91529Y106 522,144 28,800 SH SOLE 0 USEC INC COM 90333E108 337,725 28,500 SH SOLE 5,000 UTSTARCOM INC COM 918076100 2,948,048 378,440 SH SOLE 363,540 VALENCE TECH COM 918914102 391,326 226,200 SH SOLE 226,200 VARIAN INC COM 922206107 15,796,506 380,547 SH SOLE 5,225 VIACOM CLASS B COM 92553P201 7,644,314 213,290 SH SOLE 4,041 VILLAGE SUPERMARKET COM 927107409 326,850 5,000 SH SOLE 1,500 VIRBAC CORP COM 927649103 858,990 205,500 SH SOLE 27,000 VISHAY INTERTECHNOLOGY COM 928298108 274,489 17,450 SH SOLE 1,500 VITESSE SEMICONDUCTOR COM 928497106 1,106,712 768,550 SH SOLE 721,900 VIVENDI COM 92851S204 349,100 10,000 SH SOLE 0 VODAFONE GROUP PLC NEW COM 92857W100 490,220 23,015 SH SOLE 0 WAL-MART STORES COM 931142103 611,085 12,686 SH SOLE 0 WASHINGTON POST COM 939640108 1,473,439 1,889 SH SOLE 40 WATSON PHARMACEUTICALS COM 942683103 9,427,120 404,945 SH SOLE 26,150 WESTAFF INC COM 957070105 691,120 163,000 SH SOLE 0 WILSONS LEATHER EXPERTS COM 972463103 288,111 70,100 SH SOLE 70,100 WIRELESS FACILITIES COM 97653A103 2,098,250 763,000 SH SOLE 99,500 WRIGLEY WILLIAM JR COM 982526105 5,357,016 118,100 SH SOLE 23,400 WYETH COM 983024100 751,950 16,932 SH SOLE 0 YANKEE CANDLE COM 984757104 420,793 16,825 SH SOLE 0 YUM BRANDS COM 988498101 944,624 18,791 SH SOLE 900 ZEBRA TECHNOLOGIES COM 989207105 324,520 9,500 SH SOLE 1,000 3M COMPANY COM 88579Y101 28,023,959 346,960 SH SOLE 9,455 Line Count: 331