13F-HR 1 shufrorose09302006.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: September 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 October 17, 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: 09/30/06 RUN DATE: 10/17/06 02:37 P.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 303 FORM 13F INFORMATION TABLE VALUE TOTAL: $891,783,776.59 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 9/30/2006 - 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 2,692,350 3,474,000 PRN SOLE 145,000 HUNTSMAN CORP 5% CONV PFD CONV PFD 447011206 404,814 10,050 SH SOLE 0 ADAPTEC COM 00651F108 8,115,613 1,840,275 SH SOLE 733,775 AGCO CORP COM 001084102 2,022,803 79,795 SH SOLE 1,500 AGILYSYS COM 00847J105 4,695,678 334,450 SH SOLE 0 AGRIUM INC COM 008916108 18,295,441 677,860 SH SOLE 32,375 ALASKA PACIFIC BANCSHARES COM 011757101 563,325 25,900 SH SOLE 3,600 ALBANY MOLECULAR RESEARCH COM 012423109 1,226,160 131,000 SH SOLE 126,600 ALLOY INC COM 019855303 204,018 17,275 SH SOLE 17,275 ALLTEL CORP COM 020039103 627,150 11,300 SH SOLE 1,000 AMERICAN AXLE & MANUFACTURING COM 024061103 2,682,918 160,750 SH SOLE 154,525 AMERICAN EXPRESS COM 025816109 2,883,634 51,420 SH SOLE 3,450 AMERICAN FINANCIAL GROUP COM 025932104 234,650 5,000 SH SOLE 0 AMERICAN POWER CONVERSION COM 029066107 8,422,429 383,535 SH SOLE 4,305 AMERICAN SOFTWARE COM 029683109 137,000 20,000 SH SOLE 7,500 AMERISERV FINANCIAL COM 03074A102 198,296 44,762 SH SOLE 0 AMGEN INC COM 031162100 261,800 3,660 SH SOLE 0 APAC CUSTOMER SERVICES COM 00185E106 135,415 51,100 SH SOLE 51,100 APPLE COMPUTER COM 037833100 277,308 3,600 SH SOLE 500 APPLIED MATERIALS COM 038222105 3,449,850 194,577 SH SOLE 6,500 ASYST TECHNOLOGIES COM 04648X107 742,011 109,765 SH SOLE 101,860 AT&T INC COM 00206R102 624,566 19,182 SH SOLE 0 AUTOMATIC DATA PROCESSING COM 053015103 551,748 11,655 SH SOLE 0 AVAYA COM 053499109 517,740 45,257 SH SOLE 45,000 BANK OF AMERICA COM 060505104 2,228,566 41,601 SH SOLE 2,600 BAR HARBOR BANKSHARES COM 066849100 5,785,670 194,150 SH SOLE 7,000 BAUSCH & LOMB COM 071707103 7,256,568 144,755 SH SOLE 8,000 BEAR STEARNS COMPANIES COM 073902108 834,716 5,958 SH SOLE 1,000 BELLSOUTH COM 079860102 527,236 12,333 SH SOLE 0 BERKSHIRE BANCORP COM 084597202 1,396,320 87,270 SH SOLE 14,100 BERKSHIRE HATHAWAY A SHARES COM 084670108 1,916,000 20 SH SOLE 0 BERKSHIRE HATHAWAY B SHARES COM 084670207 7,271,634 2,291 SH SOLE 156 BNCCORP INC COM 055936108 200,475 16,500 SH SOLE 4,000 BOMBAY STORES COM 097924104 131,794 96,200 SH SOLE 95,600 BORLAND SOFTWARE COM 099849101 1,282,374 223,800 SH SOLE 214,300 BOSTON COMMUNICATIONS GROUP COM 100582105 449,036 221,200 SH SOLE 213,200 BP PLC COM 055622104 1,857,094 28,318 SH SOLE 0 BRESLER & REINER COM 107336109 705,870 25,300 SH SOLE 3,300 BRIGGS & STRATTON CORP COM 109043109 275,500 10,000 SH SOLE 800 BRISTOL-MYERS SQUIBB COM 110122108 568,408 22,809 SH SOLE 0 BROOKS AUTOMATION COM 114340102 3,818,587 292,612 SH SOLE 178,500 BRUKER BIOSCIENCES COM 116794108 5,519,674 787,400 SH SOLE 68,100 CABELA'S INC COM 126804301 11,712,253 538,990 SH SOLE 17,800 CALAMP CORP COM 128126109 873,915 143,500 SH SOLE 8,000 CALIFORNIA PIZZA KITCHEN COM 13054D109 10,903,050 364,285 SH SOLE 18,400 CARNIVAL CRUISE LINES COM 143658300 749,188 15,930 SH SOLE 1,300 CARRIAGE SERVICES COM 143905107 326,666 70,100 SH SOLE 2,800 CASUAL MALE RETAIL GROUP COM 148711104 142,792 10,400 SH SOLE 100 CBS CLASS B COM 124857202 879,073 31,206 SH SOLE 1,500 C & D TECHNOLOGIES COM 124661109 170,755 24,050 SH SOLE 2,400 CHARMING SHOPPES COM 161133103 11,099,844 777,300 SH SOLE 41,900 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 9/30/2006 - 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 CHEMICAL FINANCIAL COM 163731102 691,099 23,285 SH SOLE 2,100 CHESAPEAKE ENERGY COM 165167107 965,034 33,300 SH SOLE 3,000 CHEVRON CORP COM 166764100 2,875,374 44,332 SH SOLE 0 CHICOS FAS COM 168615102 811,681 37,700 SH SOLE 100 CIMAREX ENERGY COM 171798101 1,300,271 36,950 SH SOLE 2,200 CISCO SYSTEMS COM 17275R102 622,196 27,052 SH SOLE 100 CITIGROUP COM 172967101 5,737,481 115,512 SH SOLE 1,364 CITIZENS BANKING COM 174420109 446,420 17,000 SH SOLE 2,000 CMGI INC COM 125750109 1,074,236 1,013,430 SH SOLE 988,930 COCA-COLA COM 191216100 305,835 6,845 SH SOLE 0 COLGATE PALMOLIVE COM 194162103 3,290,679 52,990 SH SOLE 0 COLLINS & AIKMAN COM 194830204 792 14,400 SH SOLE 14,400 COMCAST NEW CLASS A COM 20030N101 767,770 20,835 SH SOLE 5,100 COMMERCE GROUP COM 200641108 8,712,096 289,920 SH SOLE 8,100 COMMUNITY BANK SYSTEMS COM 203607106 1,149,550 51,875 SH SOLE 3,500 CONCORD CAMERA COM 206156101 49,700 99,400 SH SOLE 99,400 CONOCOPHILLIPS COM 20825C104 236,691 3,976 SH SOLE 0 CONSOLIDATED EDISON COM 209115104 232,386 5,030 SH SOLE 0 COOLBRANDS INTERNATIONAL COM 21639P208 177,590 301,000 SH SOLE 54,500 CORGI INTERNATIONAL LTD ADR COM 21872Q103 111,825 106,500 SH SOLE 105,600 CORNING COM 219350105 323,018 13,233 SH SOLE 1,500 COSTCO WHOLESALE COM 22160K105 670,680 13,500 SH SOLE 0 COST PLUS COM 221485105 1,466,325 122,500 SH SOLE 122,500 COUNTRYWIDE FINANCIAL COM 222372104 381,936 10,900 SH SOLE 0 CRAWFORD & CO COM 224633107 1,571,885 231,500 SH SOLE 231,500 CREDENCE SYSTEMS COM 225302108 3,850,208 1,350,950 SH SOLE 453,875 CURAGEN COM 23126R101 48,160 14,000 SH SOLE 5,000 DESIGN WITHIN REACH COM 250557105 183,120 30,000 SH SOLE 30,000 DIGIMARC CORP COM 253807101 329,375 42,500 SH SOLE 42,500 DISCOVERY HOLDING CLASS A COM 25468Y107 169,312 11,709 SH SOLE 2,500 DISNEY WALT COM 254687106 5,795,223 187,487 SH SOLE 3,000 DOLLAR TREE STORES COM 256747106 10,674,853 344,795 SH SOLE 90,980 DOT HILL SYSTEMS COM 25848T109 39,000 10,000 SH SOLE 10,000 DOW CHEMICAL COM 260543103 8,032,414 206,065 SH SOLE 0 D R HORTON COM 23331A109 8,112,464 338,725 SH SOLE 16,450 DRUGSTORE.COM COM 262241102 1,090,890 316,200 SH SOLE 303,400 DUPONT COM 263534109 20,302,304 473,910 SH SOLE 5,623 EMERSON ELECTRIC COM 291011104 212,921 2,539 SH SOLE 0 ENERVEST DIVERS INCOME(EVDVF) COM 292963105 62,600 10,000 SH SOLE 10,000 ENESCO GROUP COM 292973104 101,177 381,800 SH SOLE 375,700 ENZO BIOCHEM COM 294100102 625,835 51,340 SH SOLE 6,520 EPLUS INC COM 294268107 97,500 10,000 SH SOLE 10,000 ESPEED INC COM 296643109 1,180,360 128,300 SH SOLE 97,000 ETHAN ALLEN INTERIORS COM 297602104 11,626,697 335,450 SH SOLE 12,690 EUROPEAN EQUITY FUND COM 298768102 3,145,244 297,282 SH SOLE 19,353 EXXON MOBIL COM 30231G102 26,555,161 395,755 SH SOLE 6,400 FAMILY DOLLAR STORES COM 307000109 912,288 31,200 SH SOLE 0 FASTENAL COM 311900104 1,126,244 29,200 SH SOLE 700 FRIEDMAN BILLINGS RAMSEY GROUP COM 358434108 2,146,419 267,300 SH SOLE 165,100 FEDERAL SIGNAL COM 313855108 9,223,276 604,805 SH SOLE 27,500 FEDEX CORP COM 31428X106 4,554,235 41,905 SH SOLE 850 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 9/30/2006 - 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 FIFTH THIRD BANCORP COM 316773100 605,472 15,900 SH SOLE 2,000 FIRST ALBANY COMPANIES COM 318465101 3,859,380 918,900 SH SOLE 72,100 FIRST BANK OF DELAWARE COM 319307104 411,936 142,047 SH SOLE 13,135 FIRST DATA COM 319963104 2,134,440 50,820 SH SOLE 3,120 FIRST NATIONAL BANK ALASKA COM 32112J106 6,109,235 3,047 SH SOLE 160 FIRST NIAGARA FINANCIAL COM 33582V108 775,656 53,200 SH SOLE 4,500 FLEXIINTERNATIONAL SOFTWARE COM 338923105 17,250 75,000 SH SOLE 75,000 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 11,171,624 883,831 SH SOLE 155,780 FORD MOTOR CO COM 345370860 134,310 16,602 SH SOLE 0 FOREST LABORATORIES COM 345838106 263,172 5,200 SH SOLE 0 FOSSIL INC COM 349882100 1,626,270 75,500 SH SOLE 12,200 FOUNDRY NETWORKS COM 35063R100 854,750 65,000 SH SOLE 65,000 FRANKLIN BANK COM 352451108 1,264,368 63,600 SH SOLE 4,500 FREDS INC COM 356108100 807,680 64,000 SH SOLE 64,000 FRIEDMAN INDUSTRIES COM 358435105 633,533 75,700 SH SOLE 11,800 GENAERA CORP COM 36867G100 4,000 10,000 SH SOLE 0 GENERAL ELECTRIC COM 369604103 56,760,494 1,607,946 SH SOLE 29,342 GERON CORP COM 374163103 302,841 48,300 SH SOLE 9,000 GIGA TRONICS COM 375175106 22,294 15,700 SH SOLE 15,700 GLATFELTER COM 377316104 421,405 31,100 SH SOLE 0 GLAXO SMITHKLINE PLC COM 37733W105 279,724 5,255 SH SOLE 0 GLOBAL AIRCRAFT SOLUTIONS COM 378964100 20,200 20,000 SH SOLE 20,000 GREATER CHINA FUND COM 39167B102 469,544 24,765 SH SOLE 4,000 GSI GROUP COM 36229U102 93,500 10,000 SH SOLE 10,000 HANCOCK FABRICS COM 409900107 399,504 139,200 SH SOLE 139,200 HEALTH FITNESS COM 42217V102 75,050 47,500 SH SOLE 25,000 HEARST-ARGYLE TELEVISION COM 422317107 7,170,728 312,450 SH SOLE 11,500 HELEN OF TROY LTD BERMUDA COM G4388N106 439,000 25,000 SH SOLE 25,000 HEWITT ASSOCIATES COM 42822Q100 485,200 20,000 SH SOLE 20,000 HEWLETT PACKARD COM 428236103 12,099,738 329,783 SH SOLE 4,535 HOME DEPOT COM 437076102 4,636,031 127,820 SH SOLE 5,600 HOOPER HOLMES COM 439104100 2,877,306 853,800 SH SOLE 53,600 HUDSON HOLDING COM 443793104 9,500 10,000 SH SOLE 10,000 HUMAN GENOME SCIENCES COM 444903108 357,763 31,002 SH SOLE 10,000 IDERA PHARMACEUTICALS COM 45168K306 44,071 10,749 SH SOLE 2,812 IMMERSION CORP COM 452521107 292,435 40,900 SH SOLE 0 INFOCUS GROUP COM 45665B106 168,128 59,200 SH SOLE 59,200 INTEL COM 458140100 18,500,802 899,407 SH SOLE 167,685 INTERPUBLIC GROUP OF COMPANIES COM 460690100 960,300 97,000 SH SOLE 97,000 INTERVIDEO INC COM 46114Y101 337,610 26,500 SH SOLE 26,500 INTL BUSINESS MACHINES COM 459200101 13,053,943 159,311 SH SOLE 6,350 INTL COAL GROUP COM 45928H106 4,353,816 1,031,710 SH SOLE 71,475 INTL PAPER COM 460146103 29,197,419 843,125 SH SOLE 25,955 INTERNATIONAL RECTIFIER COM 460254105 3,461,528 99,355 SH SOLE 0 INTERPOOL INC COM 46062R108 8,121,311 361,590 SH SOLE 21,915 JAKKS PACIFIC COM 47012E106 962,820 54,000 SH SOLE 54,000 JAPAN EQUITY FUND COM 471057109 8,094,228 995,600 SH SOLE 70,000 JOHNSON & JOHNSON COM 478160104 11,066,880 170,417 SH SOLE 1,000 JOY GLOBAL COM 481165108 357,295 9,500 SH SOLE 2,100 KADANT COM 48282T104 11,863,831 483,055 SH SOLE 500 KEMET CORP COM 488360108 3,366,804 417,200 SH SOLE 214,400 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 9/30/2006 - 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 KIMBERLY-CLARK COM 494368103 950,334 14,540 SH SOLE 0 KINDRED HEALTHCARE COM 494580103 1,156,497 38,900 SH SOLE 700 KYOCERA CORP ADR COM 501556203 6,176,843 72,210 SH SOLE 1,250 LA BARGE INC COM 502470107 173,680 16,700 SH SOLE 4,000 LEAPFROG ENTERPRISES COM 52186N106 1,403,039 176,928 SH SOLE 94,600 LEAR CORP COM 521865105 503,010 24,300 SH SOLE 17,000 LEXINGTON PROPERTY TRUST COM 529043101 4,001,961 188,950 SH SOLE 11,250 LIBBEY INC COM 529898108 170,088 15,200 SH SOLE 15,000 LIBERTY MEDIA HLDG CAPITAL A COM 53071M302 4,751,038 56,851 SH SOLE 3,090 LIBERTY GLOBAL A COM 530555101 626,872 24,354 SH SOLE 3,000 LIBERTY MEDIA HLDG INTRACTVE A COM 53071M104 5,780,950 283,658 SH SOLE 15,450 LSI LOGIC COM 502161102 1,851,966 225,300 SH SOLE 221,300 M & T BANK COM 55261F104 11,933,981 99,483 SH SOLE 4,627 MANHATTAN PHARMACEUTICALS COM 563118207 7,400 10,000 SH SOLE 10,000 MANULIFE FINANCIAL COM 56501R106 259,370 8,040 SH SOLE 40 MARSH & MCLENNAN COM 571748102 686,860 24,400 SH SOLE 3,000 MCDATA CORP CL B COM 580031102 104,516 21,200 SH SOLE 21,200 MEADOWBROOK INSURANCE GROUP COM 58319P108 541,606 48,100 SH SOLE 9,000 MEDTRONIC COM 585055106 457,806 9,858 SH SOLE 0 MELLON FINANCIAL COM 58551A108 1,228,248 31,413 SH SOLE 4,000 MEMORY PHARMACEUTICALS COM 58606R403 33,660 33,000 SH SOLE 10,000 MERCK & CO COM 589331107 1,202,656 28,703 SH SOLE 1,850 MEREDITH CORP COM 589433101 2,996,551 60,745 SH SOLE 3,000 MERRILL LYNCH COM 590188108 11,391,413 145,633 SH SOLE 60,775 META FINANCIAL GROUP COM 59100U108 546,538 22,217 SH SOLE 4,000 METLIFE COM 59156R108 13,799,596 243,465 SH SOLE 9,710 MFA MORTGAGE INVESTMENTS COM 55272X102 1,487,020 199,600 SH SOLE 14,000 MFS CHARTER INCOME TRUST COM 552727109 746,808 88,800 SH SOLE 0 MICHAELS STORES COM 594087108 539,896 12,400 SH SOLE 0 MICROSOFT COM 594918104 1,008,805 36,912 SH SOLE 0 MITTAL STEEL COM 60684P101 625,320 18,000 SH SOLE 0 MONACO COACH COM 60886R103 9,715,807 872,155 SH SOLE 58,050 MONMOUTH REAL ESTATE INVT CORP COM 609720107 310,000 38,750 SH SOLE 9,000 JPMORGAN CHASE & CO COM 46625H100 24,620,951 524,296 SH SOLE 6,352 MORGAN STANLEY COM 617446448 526,483 7,221 SH SOLE 0 MORGAN STANLEY ASIA PACIFIC FD COM 61744U106 1,974,668 117,400 SH SOLE 5,600 MYLAN LABORATORIES COM 628530107 483,120 24,000 SH SOLE 24,000 NANOPHASE TECHNOLOGIES COM 630079101 71,154 11,800 SH SOLE 8,000 NASDAQ 100 SHARES COM 631100104 396,216 9,747 SH SOLE 2,500 NATURES SUNSHINE PRODUCTS COM 639027101 229,900 22,000 SH SOLE 22,000 NATIONAL WESTERN LIFE INSUR COM 638522102 11,151,964 48,510 SH SOLE 2,520 NBTY INC COM 628782104 380,510 13,000 SH SOLE 0 NEOMAGIC CORP COM 640497202 522,648 186,660 SH SOLE 183,640 NESTLE SA ADR COM 641069406 360,739 4,150 SH SOLE 0 NETWORK EQUIPMENT TECHNOLOGIES COM 641208103 3,291,468 798,900 SH SOLE 189,100 NEWALLIANCE BANCSHARES COM 650203102 235,264 16,059 SH SOLE 4,000 NEWCASTLE INVESTMENT COM 65105M108 1,548,665 56,500 SH SOLE 4,200 NEWPORT CORP COM 651824104 2,257,550 138,500 SH SOLE 0 NOVELL COM 670006105 256,200 42,000 SH SOLE 2,500 OLD REPUBLIC COM 680223104 1,499,799 67,711 SH SOLE 5,000 ON ASSIGNMENT COM 682159108 484,614 49,400 SH SOLE 49,400 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 9/30/2006 - 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 ORACLE COM 68389X105 342,293 19,295 SH SOLE 0 OVERLAND STORAGE COM 690310107 3,674,565 569,700 SH SOLE 34,500 PAMRAPO BANCORP COM 697738102 744,205 38,500 SH SOLE 3,000 PARAMETRIC TECHNOLOGY NEW COM 699173209 698,400 40,000 SH SOLE 39,200 PATHMARK STORES COM 70322A101 706,450 71,000 SH SOLE 10,000 PCTEL COM 69325Q105 410,550 39,100 SH SOLE 39,100 PDI INC COM 69329V100 543,235 46,750 SH SOLE 44,600 PEPSICO INC COM 713448108 1,918,840 29,403 SH SOLE 4,000 PFIZER INC COM 717081103 16,610,711 585,709 SH SOLE 49,980 PHILIPS ELECTRONICS COM 500472303 440,566 12,584 SH SOLE 0 PHOENIX TECHNOLOGIES LTD COM 719153108 804,530 187,100 SH SOLE 181,700 PIPER JAFFRAY COM 724078100 527,394 8,700 SH SOLE 1,000 PLANAR SYSTEMS COM 726900103 5,591,010 492,600 SH SOLE 43,500 PMA CAPITAL CL A COM 693419202 154,350 17,500 SH SOLE 5,000 PNC FINANCIAL SERVICES GROUP COM 693475105 1,233,291 17,025 SH SOLE 0 PRICESMART INC COM 741511109 399,244 26,440 SH SOLE 26,440 PROCTER & GAMBLE COM 742718109 218,541 3,526 SH SOLE 0 QLT INC COM 746927102 121,600 16,000 SH SOLE 2,500 QUALCOMM COM 747525103 379,567 10,442 SH SOLE 1,000 QUICKSILVER COM 74838C106 366,930 30,200 SH SOLE 0 RAYTHEON COM 755111507 207,547 4,323 SH SOLE 0 REGAL-BELOIT COM 758750103 4,972,050 114,300 SH SOLE 6,500 REGENERON PHARMACEUTICALS COM 75886F107 382,836 24,400 SH SOLE 1,500 REPUBLIC FIRST BANCORP COM 760416107 768,324 57,943 SH SOLE 9,041 RESTORATION HARDWARE COM 760981100 292,179 33,700 SH SOLE 5,000 RICHARDSON ELECTRONICS COM 763165107 280,147 31,024 SH SOLE 2,024 ROHM & HAAS COM 775371107 217,810 4,600 SH SOLE 0 THE ROWE COMPANIES COM 779528108 30,014 69,800 SH SOLE 69,800 ROYAL DUTCH SHELL PLC ADR A COM 780259206 559,206 8,460 SH SOLE 0 SAFECO COM 786429100 424,296 7,200 SH SOLE 0 SAKS INC COM 79377W108 21,004,531 1,215,540 SH SOLE 36,545 SALISBURY BANCORP COM 795226109 992,250 25,200 SH SOLE 0 SCHEIN (HENRY) COM 806407102 1,594,452 31,800 SH SOLE 0 SCHLUMBERGER LTD COM 806857108 329,876 5,318 SH SOLE 0 SCHMITT INDUSTRIES COM 806870200 967,506 142,700 SH SOLE 14,900 SCIENCE DYNAMICS COM 808631105 28,161 469,350 SH SOLE 24,850 SEABOARD CORP COM 811543107 1,048,350 870 SH SOLE 0 SEATTLE GENETICS COM 812578102 48,600 10,000 SH SOLE 10,000 SE FINANCIAL COM 78412R108 677,609 52,325 SH SOLE 0 SEMCO ENERGY COM 78412D109 62,040 11,000 SH SOLE 10,000 SENECA FOODS NEW COM 817070501 715,440 26,400 SH SOLE 6,500 SIFCO INDUSTRIES COM 826546103 190,260 45,300 SH SOLE 45,300 SILICON STORAGE TECHNOLOGY COM 827057100 300,760 73,000 SH SOLE 73,000 SIMPLETECH COM 828823104 373,510 41,000 SH SOLE 39,000 SIMPSON MANUFACTURING COM 829073105 484,783 17,935 SH SOLE 6,100 SITEL CORP COM 82980K107 336,518 111,800 SH SOLE 107,800 SONOSITE COM 83568G104 8,548,542 301,005 SH SOLE 13,800 SPANISH BROADCASTING SYSTEM A COM 846425882 152,950 35,000 SH SOLE 35,000 SPANSION INC COM 84649R101 2,190,438 131,400 SH SOLE 129,000 STARRETT L S COM 855668109 777,920 54,400 SH SOLE 0 STATE STREET COM 857477103 8,023,704 128,585 SH SOLE 0 Shufro, Rose & CO LLC Page: 6 Form 13F Information Table As of Date: 9/30/2006 - 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 STONERIDGE COM 86183P102 2,061,240 289,500 SH SOLE 282,500 SUN MICROSYSTEMS COM 866810104 133,395 26,840 SH SOLE 15,000 SONOCO PRODUCTS COM 835495102 9,625,077 286,120 SH SOLE 0 SUNTERRA CORPORATION COM 86787D208 720,305 63,575 SH SOLE 4,000 SUPERIOR INDUSTRIES INTL COM 868168105 1,992,973 118,700 SH SOLE 1,400 SWISS HELVETIA FUND COM 870875101 12,394,350 656,480 SH SOLE 35,400 SYMMETRICOM INC COM 871543104 2,195,847 272,100 SH SOLE 65,100 SYNOPSYS INC COM 871607107 197,200 10,000 SH SOLE 2,500 SYSCO CORP COM 871829107 225,955 6,755 SH SOLE 0 TARGET CORP COM 87612E106 1,011,075 18,300 SH SOLE 1,000 TARRAGON REALTY INVESTORS COM 876287103 184,257 17,700 SH SOLE 5,000 TASTY BAKING COM 876553306 354,244 38,800 SH SOLE 38,800 TECUMSEH PRODUCTS CLASS A COM 878895200 185,258 12,180 SH SOLE 0 TELLABS COM 879664100 703,632 64,200 SH SOLE 17,750 TERADYNE COM 880770102 2,166,136 164,600 SH SOLE 160,150 TEXAS INSTRUMENTS COM 882508104 298,585 8,980 SH SOLE 0 THERMO ELECTRON COM 883556102 3,657,690 93,000 SH SOLE 3,250 TIME WARNER COM 887317105 2,969,667 162,900 SH SOLE 12,050 TOOTSIE ROLL INDUSTRIES COM 890516107 207,398 7,076 SH SOLE 2,575 TRANSATLANTIC HOLDINGS COM 893521104 8,718,371 144,320 SH SOLE 6,500 TYCO INTERNATIONAL LTD COM 902124106 354,074 12,650 SH SOLE 2,500 UNIONBANCORP COM 908908106 327,636 17,100 SH SOLE 2,000 UNITED CAPITAL COM 909912107 523,124 19,600 SH SOLE 3,000 UNUMPROVIDENT CORP COM 91529Y106 1,023,792 52,800 SH SOLE 3,000 USEC INC COM 90333E108 365,356 37,900 SH SOLE 7,500 UTSTARCOM INC COM 918076100 3,225,487 363,640 SH SOLE 348,550 VALENCE TECH COM 918914102 439,798 226,700 SH SOLE 226,700 VARIAN INC COM 922206107 15,948,036 347,679 SH SOLE 3,375 VERIZON COMMUNICATIONS COM 92343V104 255,863 6,891 SH SOLE 2,000 VIACOM CLASS B COM 92553P201 7,701,614 207,144 SH SOLE 3,341 VILLAGE SUPERMARKET COM 927107409 334,500 5,000 SH SOLE 1,500 VIRBAC CORP COM 927649103 1,072,710 205,500 SH SOLE 27,000 VISHAY INTERTECHNOLOGY COM 928298108 213,408 15,200 SH SOLE 1,500 VITESSE SEMICONDUCTOR COM 928497106 970,063 979,862 SH SOLE 933,000 VODAFONE GROUP PLC NEW COM 92857W209 471,533 20,627 SH SOLE 0 VORNADO REALTY TRUST COM 929042109 212,550 1,950 SH SOLE 0 WAL-MART STORES COM 931142103 566,490 11,486 SH SOLE 0 WASHINGTON POST COM 939640108 1,345,762 1,826 SH SOLE 40 WATSON PHARMACEUTICALS COM 942683103 10,355,731 395,710 SH SOLE 27,250 WESTAFF INC COM 957070105 809,820 198,000 SH SOLE 0 WILSONS LEATHER EXPERTS COM 972463103 185,765 70,100 SH SOLE 70,100 WIRELESS FACILITIES COM 97653A103 1,787,542 835,300 SH SOLE 135,800 WRIGLEY WILLIAM JR COM 982526105 7,700,311 167,180 SH SOLE 23,670 WYETH COM 983024100 901,495 17,732 SH SOLE 0 YUM BRANDS COM 988498101 968,182 18,601 SH SOLE 900 ZEBRA TECHNOLOGIES COM 989207105 285,920 8,000 SH SOLE 1,000 3COM COM 885535104 881,559 199,900 SH SOLE 199,600 3M COMPANY COM 88579Y101 27,406,356 368,266 SH SOLE 10,130 Line Count: 303