13F-HR 1 shufrorose06302007.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, 2007 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 August 2, 2007 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: 06/30/07 RUN DATE: 8/2/07 05:17 P.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 290 FORM 13F INFORMATION TABLE VALUE TOTAL: $1,037,918,753.85 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 6/30/2007 - 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 3,294,983 3,606,000 PRN SOLE 145,000 ABX AIR COM 00080S101 166,036 20,600 SH SOLE 8,000 ACUSPHERE INC COM 00511R870 135,450 63,000 SH SOLE 35,000 ADAPTEC COM 00651F108 7,183,565 1,885,450 SH SOLE 715,175 AGILYSYS COM 00847J105 8,125,425 361,130 SH SOLE 23,300 AGRIUM INC COM 008916108 25,597,031 585,075 SH SOLE 26,775 ALASKA PACIFIC BANCSHARES COM 011757101 632,320 25,600 SH SOLE 3,600 ALBANY MOLECULAR RESEARCH COM 012423109 1,942,380 130,800 SH SOLE 126,400 ALESCO FINANCIAL COM 014485106 345,525 42,500 SH SOLE 7,500 ALLOY INC COM 019855303 122,750 12,275 SH SOLE 12,275 ALLTEL CORP COM 020039103 736,295 10,900 SH SOLE 1,000 AMERICAN AXLE & MANUFACTURING COM 024061103 12,196,776 411,775 SH SOLE 72,910 AMERICAN EXPRESS COM 025816109 3,047,682 49,815 SH SOLE 2,100 AMERICAN FINANCIAL GROUP COM 025932104 256,125 7,500 SH SOLE 0 AMERICAN SOFTWARE COM 029683109 242,050 23,500 SH SOLE 7,500 AMERISERV FINANCIAL COM 03074A102 73,753 16,762 SH SOLE 0 AMGEN INC COM 031162100 218,948 3,960 SH SOLE 0 APPLE COMPUTER COM 037833100 524,772 4,300 SH SOLE 500 APPLIED MATERIALS COM 038222105 3,700,489 186,235 SH SOLE 5,250 APRIA HEALTH GROUP COM 037933108 260,369 9,050 SH SOLE 1,450 ASYST TECHNOLOGIES COM 04648X107 791,577 109,485 SH SOLE 101,920 AT&T INC COM 00206R102 1,535,749 37,006 SH SOLE 0 AUTOMATIC DATA PROCESSING COM 053015103 467,978 9,655 SH SOLE 0 AVX COM 002444107 8,388,414 501,100 SH SOLE 22,500 BANK OF AMERICA COM 060505104 1,860,411 38,053 SH SOLE 2,600 BAR HARBOR BANKSHARES COM 066849100 6,496,915 204,950 SH SOLE 8,600 BARR PHARMACEUTICALS COM 068306109 3,556,284 70,800 SH SOLE 69,300 BEAR STEARNS COMPANIES COM 073902108 700,000 5,000 SH SOLE 1,000 BENCHMARK ELECTRONICS COM 08160H101 894,621 39,550 SH SOLE 3,150 BERKSHIRE BANCORP COM 084597202 1,386,633 87,270 SH SOLE 14,100 BERKSHIRE HATHAWAY A SHARES COM 084670108 2,189,500 20 SH SOLE 0 BERKSHIRE HATHAWAY B SHARES COM 084670207 7,743,540 2,148 SH SOLE 136 BLACK BOX COM 091826107 206,900 5,000 SH SOLE 5,000 BNCCORP INC COM 055936108 375,970 20,500 SH SOLE 2,000 BOSTON PRIVATE FINANCIAL HLDGS COM 101119105 857,153 31,900 SH SOLE 3,000 BORLAND SOFTWARE COM 099849101 2,856,843 480,950 SH SOLE 461,800 BOSTON COMMUNICATIONS GROUP COM 100582105 382,800 220,000 SH SOLE 212,500 BP PLC COM 055622104 1,951,243 27,048 SH SOLE 0 BRESLER & REINER COM 107336109 923,400 22,800 SH SOLE 3,300 BRIGGS & STRATTON CORP COM 109043109 621,732 19,700 SH SOLE 2,800 BRISTOL-MYERS SQUIBB COM 110122108 639,699 20,269 SH SOLE 0 BROOKS AUTOMATION COM 114340102 5,132,820 282,800 SH SOLE 178,500 CABELA'S INC COM 126804301 11,475,843 518,565 SH SOLE 16,300 CALAMP CORP COM 128126109 1,112,647 269,406 SH SOLE 90,906 CALIFORNIA PIZZA KITCHEN COM 13054D109 4,876,497 227,025 SH SOLE 24,000 CARNIVAL CRUISE LINES COM 143658300 733,013 15,030 SH SOLE 0 CARRIAGE SERVICES COM 143905107 534,422 64,700 SH SOLE 2,800 CBRE REALTY FINANCE COM 12498B307 882,238 74,200 SH SOLE 9,000 CBS CLASS B COM 124857202 869,186 26,086 SH SOLE 1,000 CENTENNIAL BANK HOLDINGS COM 151345303 410,795 48,500 SH SOLE 8,500 CENTRUE FINANCIAL COM 15643B106 342,855 17,100 SH SOLE 2,000 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 6/30/2007 - 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 7,990,916 737,850 SH SOLE 41,900 CHEMICAL FINANCIAL COM 163731102 561,638 21,710 SH SOLE 1,575 CHESAPEAKE ENERGY COM 165167107 1,563,920 45,200 SH SOLE 3,000 CHEVRON CORP COM 166764100 3,659,386 43,440 SH SOLE 0 CHICOS FAS COM 168615102 11,846,278 486,700 SH SOLE 47,500 CHRISTOPHER BANKS COM 171046105 318,990 18,600 SH SOLE 18,600 CIMAREX ENERGY COM 171798101 1,349,793 34,250 SH SOLE 2,700 CISCO SYSTEMS COM 17275R102 764,399 27,447 SH SOLE 100 CITADEL BROADCASTING COM 17285T106 90,668 14,057 SH SOLE 229 CITIGROUP COM 172967101 5,823,672 113,544 SH SOLE 789 CITIZENS BANKING COM 174420109 287,310 15,700 SH SOLE 2,000 CMGI INC COM 125750109 828,360 424,800 SH SOLE 400,300 COCA-COLA COM 191216100 352,256 6,734 SH SOLE 0 COHERENT INC COM 192479103 756,648 24,800 SH SOLE 24,800 COLGATE PALMOLIVE COM 194162103 3,362,797 51,855 SH SOLE 0 COLUMBIA FINANCIAL COM 197642101 206,720 12,800 SH SOLE 3,000 COMMERCE GROUP COM 200641108 21,995,988 633,525 SH SOLE 17,670 COMMUNITY BANK SYSTEMS COM 203607106 452,452 22,600 SH SOLE 2,500 CONCORD CAMERA NEW COM 206156200 90,454 19,880 SH SOLE 19,880 CONOCOPHILLIPS COM 20825C104 445,566 5,676 SH SOLE 1,000 CONSOLIDATED ENERGY COM 20854P109 290,493 6,300 SH SOLE 2,000 CONSOLIDATED TOMOKA LAND COM 210226106 346,450 5,000 SH SOLE 1,000 COOLBRANDS INTERNATIONAL COM 21639P307 226,270 242,000 SH SOLE 42,500 CORGI INTERNATIONAL LTD ADR COM 21872Q202 101,921 18,531 SH SOLE 18,365 CORNING COM 219350105 437,748 17,133 SH SOLE 2,500 COSTCO WHOLESALE COM 22160K105 655,424 11,200 SH SOLE 0 COST PLUS COM 221485105 570,704 67,300 SH SOLE 67,300 CRAWFORD & CO COM 224633107 1,629,836 241,100 SH SOLE 240,500 CREDENCE SYSTEMS COM 225302108 2,604,492 723,470 SH SOLE 444,000 DELL INC COM 24702R101 909,746 31,865 SH SOLE 0 DESIGN WITHIN REACH COM 250557105 178,500 30,000 SH SOLE 30,000 DIGIMARC CORP COM 253807101 416,925 42,500 SH SOLE 42,500 DISCOVERY HOLDING CLASS A COM 25468Y107 222,796 9,691 SH SOLE 2,500 DISNEY WALT COM 254687106 6,311,940 184,884 SH SOLE 3,000 DONEGAL GROUP COM 257701201 7,109,535 477,150 SH SOLE 26,050 DOT HILL SYSTEMS COM 25848T109 907,200 252,000 SH SOLE 233,400 DOW CHEMICAL COM 260543103 9,760,902 220,735 SH SOLE 6,000 D R HORTON COM 23331A109 7,171,910 359,855 SH SOLE 11,150 DRUGSTORE.COM COM 262241102 863,226 316,200 SH SOLE 303,400 DUPONT COM 263534109 21,461,699 422,142 SH SOLE 3,223 EASTERN CO COM 276317104 220,130 7,575 SH SOLE 0 EBAY COM 278642103 222,042 6,900 SH SOLE 0 EL PASO CORPORATION COM 28336L109 809,810 47,000 SH SOLE 5,000 EMERSON ELECTRIC COM 291011104 234,000 5,000 SH SOLE 0 ENZO BIOCHEM COM 294100102 710,947 47,555 SH SOLE 6,520 EPLUS INC COM 294268107 97,300 10,000 SH SOLE 10,000 ESPEED INC COM 296643109 915,840 106,000 SH SOLE 106,000 ETHAN ALLEN INTERIORS COM 297602104 12,180,156 355,625 SH SOLE 12,890 EUROPEAN EQUITY FUND COM 298768102 3,891,460 299,113 SH SOLE 18,079 EXCAPSA SOFTWARE COM 30066E107 6,840 38,000 SH SOLE 38,000 EXTREME NETWORKS COM 30226D106 81,000 20,000 SH SOLE 20,000 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 6/30/2007 - 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 EXXON MOBIL COM 30231G102 29,534,064 352,099 SH SOLE 6,000 FAMILY DOLLAR STORES COM 307000109 479,622 13,975 SH SOLE 0 FASTENAL COM 311900104 1,138,592 27,200 SH SOLE 2,200 FRESH DEL MONTE PRODUCE INC COM G36738105 638,775 25,500 SH SOLE 25,500 FEDERAL SIGNAL COM 313855108 10,081,171 635,635 SH SOLE 26,100 FIFTH THIRD BANCORP COM 316773100 5,977,431 150,300 SH SOLE 8,500 FIRST ALBANY COMPANIES COM 318465101 82,331 49,300 SH SOLE 49,300 FIRST BANK OF DELAWARE COM 319307104 371,125 140,047 SH SOLE 12,635 FIRST HORIZON NATIONAL COM 320517105 858,000 22,000 SH SOLE 2,600 FIRST NATIONAL BANK ALASKA COM 32112J106 5,035,800 2,289 SH SOLE 160 FIRST NIAGARA FINANCIAL COM 33582V108 310,470 23,700 SH SOLE 3,000 FLEXIINTERNATIONAL SOFTWARE COM 338923105 27,000 75,000 SH SOLE 75,000 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 12,638,095 1,170,194 SH SOLE 161,980 FORD MOTOR CO COM 345370860 117,251 12,447 SH SOLE 0 FOSSIL INC COM 349882100 1,132,416 38,400 SH SOLE 0 FRANKLIN BANK COM 352451108 825,460 55,400 SH SOLE 4,500 FREDS INC COM 356108100 588,720 44,000 SH SOLE 44,000 FRIEDMAN INDUSTRIES COM 358435105 785,510 81,400 SH SOLE 9,000 GENERAL ELECTRIC COM 369604103 58,897,111 1,538,587 SH SOLE 22,160 GENESIS MICROCHIP COM 37184C103 488,592 52,200 SH SOLE 50,000 GERON CORP COM 374163103 555,456 78,900 SH SOLE 13,000 GIGA TRONICS COM 375175106 25,434 15,700 SH SOLE 15,700 GLATFELTER COM 377316104 406,341 29,900 SH SOLE 0 GLAXO SMITHKLINE PLC COM 37733W105 275,204 5,255 SH SOLE 0 GLOBAL AIRCRAFT SOLUTIONS COM 378964100 25,200 30,000 SH SOLE 30,000 GOLFSMITH INTL COM 38168Y103 585,192 84,700 SH SOLE 82,700 GRAND BANKS ENERGY COM 38522T105 13,110 10,000 SH SOLE 10,000 GREATER CHINA FUND COM 39167B102 503,116 18,766 SH SOLE 2,500 GSI GROUP COM 36229U102 156,640 16,000 SH SOLE 16,000 HEALTH FITNESS COM 42217V102 450,300 142,500 SH SOLE 47,500 HELEN OF TROY LTD BERMUDA COM G4388N106 607,500 22,500 SH SOLE 22,500 HEWLETT PACKARD COM 428236103 13,929,829 312,188 SH SOLE 3,801 HOME DEPOT COM 437076102 3,619,610 91,985 SH SOLE 0 HOOPER HOLMES COM 439104100 1,558,755 465,300 SH SOLE 51,600 HORNBECK OFFSHORE SERVICES COM 440543106 3,040,722 78,450 SH SOLE 500 HUDSON HOLDING COM 443793104 9,000 20,000 SH SOLE 15,000 HUMAN GENOME SCIENCES COM 444903108 276,538 31,002 SH SOLE 10,000 IMMERSION CORP COM 452521107 387,982 25,900 SH SOLE 0 IMMUCELL CORP NEW COM 452525306 61,200 10,000 SH SOLE 10,000 INFOCUS GROUP COM 45665B106 132,016 59,200 SH SOLE 59,200 INFOSONICS CORP COM 456784107 497,954 162,200 SH SOLE 162,200 INTEL COM 458140100 32,657,339 1,375,683 SH SOLE 177,645 INTERPUBLIC GROUP OF COMPANIES COM 460690100 741,000 65,000 SH SOLE 65,000 INTL BUSINESS MACHINES COM 459200101 16,614,344 157,856 SH SOLE 5,150 INTL COAL GROUP COM 45928H106 1,856,162 310,395 SH SOLE 12,975 INTL FRONTIER RESOURCES COM 459976106 18,625 25,000 SH SOLE 25,000 INTL PAPER COM 460146103 35,511,133 909,376 SH SOLE 21,290 INTL RECTIFIER COM 460254105 20,560,068 551,800 SH SOLE 19,865 INTERPOOL INC COM 46062R108 6,967,477 259,014 SH SOLE 17,915 INVACARE CORP COM 461203101 4,989,059 272,180 SH SOLE 1,400 JAPAN EQUITY FUND COM 471057109 8,657,118 1,023,300 SH SOLE 71,500 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 6/30/2007 - 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 JAPAN SMALLER CAP FUND COM 47109U104 1,986,660 175,500 SH SOLE 72,100 JOHNSON & JOHNSON COM 478160104 16,029,087 260,128 SH SOLE 25,610 JOY GLOBAL COM 481165108 1,836,228 31,480 SH SOLE 2,500 KADANT COM 48282T104 12,707,136 407,280 SH SOLE 1,700 KEMET CORP COM 488360108 5,794,748 821,950 SH SOLE 275,150 KIMBERLY-CLARK COM 494368103 771,911 11,540 SH SOLE 0 KINDRED HEALTHCARE COM 494580103 660,480 21,500 SH SOLE 0 KOMAG INC COM 500453204 694,086 21,765 SH SOLE 5,150 KYOCERA CORP ADR COM 501556203 7,586,358 71,970 SH SOLE 1,250 LA BARGE INC COM 502470107 174,518 14,200 SH SOLE 3,500 LAKELAND INDUSTRIES COM 511795106 231,420 16,697 SH SOLE 3,500 LATTICE INCORPORATED COM 518414107 19,104 45,485 SH SOLE 2,485 LEAR CORP COM 521865105 202,977 5,700 SH SOLE 0 LECROY CORP COM 52324W109 97,200 10,000 SH SOLE 10,000 LEXINGTON PROPERTY TRUST COM 529043101 1,222,000 58,750 SH SOLE 6,200 LIBERTY MEDIA HLDG CAPITAL A COM 53071M302 5,007,755 42,554 SH SOLE 1,990 LIBERTY GLOBAL A COM 530555101 431,495 10,514 SH SOLE 0 LIBERTY MEDIA HLDG INTRACTVE A COM 53071M104 5,594,581 250,541 SH SOLE 12,450 LOWES COMPANIES COM 548661107 548,676 17,878 SH SOLE 13,500 LSI CORPORATION COM 502161102 1,546,910 205,980 SH SOLE 201,300 M & T BANK COM 55261F104 10,560,758 98,791 SH SOLE 4,580 MAGELLAN PETROLEUM COM 559091301 15,100 10,000 SH SOLE 10,000 MANHATTAN PHARMACEUTICALS COM 563118207 7,800 10,000 SH SOLE 10,000 MARSH & MCLENNAN COM 571748102 565,104 18,300 SH SOLE 500 MEADOWBROOK INSURANCE GROUP COM 58319P108 505,256 46,100 SH SOLE 9,000 MEDTRONIC COM 585055106 340,253 6,561 SH SOLE 0 MELLON FINANCIAL COM 58551A108 1,276,572 29,013 SH SOLE 0 MERCK & CO COM 589331107 1,211,385 24,325 SH SOLE 1,850 MEREDITH CORP COM 589433101 3,692,612 59,945 SH SOLE 3,000 MERRILL LYNCH COM 590188108 11,046,184 132,163 SH SOLE 58,775 META FINANCIAL GROUP COM 59100U108 302,018 7,992 SH SOLE 0 METLIFE COM 59156R108 15,293,044 237,175 SH SOLE 8,910 MFS CHARTER INCOME TRUST COM 552727109 221,093 26,100 SH SOLE 0 MICROSOFT COM 594918104 817,292 27,733 SH SOLE 5,000 MONACO COACH COM 60886R103 13,241,606 922,760 SH SOLE 53,050 MONMOUTH REAL ESTATE INVT CORP COM 609720107 336,738 38,750 SH SOLE 9,000 JPMORGAN CHASE & CO COM 46625H100 24,311,193 501,779 SH SOLE 3,352 MORGAN STANLEY ASIA PACIFIC FD COM 61744U106 1,154,150 56,300 SH SOLE 2,000 MUELLER WATER PRODUCTS COM 624758108 1,395,508 81,800 SH SOLE 7,000 MYLAN LABORATORIES COM 628530107 15,543,446 854,505 SH SOLE 123,215 NANOPHASE TECHNOLOGIES COM 630079101 71,862 11,800 SH SOLE 8,000 NATURES SUNSHINE PRODUCTS COM 639027101 258,500 22,000 SH SOLE 22,000 NATIONAL WESTERN LIFE INSUR COM 638522102 12,817,227 50,677 SH SOLE 2,400 NAVARRE CORP COM 639208107 618,930 158,700 SH SOLE 158,700 NEOMAGIC CORP COM 640497202 666,874 197,300 SH SOLE 194,280 NESTLE SA ADR COM 641069406 394,478 4,150 SH SOLE 0 NETWORK EQUIPMENT TECHNOLOGIES COM 641208103 1,477,746 154,900 SH SOLE 5,700 NEWALLIANCE BANCSHARES COM 650203102 298,816 20,300 SH SOLE 6,000 NEWCASTLE INVESTMENT COM 65105M108 1,501,693 59,900 SH SOLE 4,000 NEWPORT CORP COM 651824104 6,511,662 420,650 SH SOLE 26,400 OLD REPUBLIC COM 680223104 1,779,164 83,686 SH SOLE 5,000 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 6/30/2007 - 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 ON ASSIGNMENT COM 682159108 529,568 49,400 SH SOLE 49,400 ONEBEACON INSURANCE LTD CL A COM G67742109 785,230 31,000 SH SOLE 2,500 PAMRAPO BANCORP COM 697738102 673,095 34,500 SH SOLE 3,000 PCTEL COM 69325Q105 298,375 34,100 SH SOLE 34,100 PDI INC COM 69329V100 1,433,322 139,700 SH SOLE 137,650 PEPSICO INC COM 713448108 1,981,362 30,553 SH SOLE 0 PEYTO ENERGY TRUST COM 717045108 180,033 10,500 SH SOLE 2,000 PFIZER INC COM 717081103 15,083,133 589,876 SH SOLE 31,485 PHILIPS ELECTRONICS COM 500472303 202,459 4,784 SH SOLE 0 PHOENIX TECHNOLOGIES LTD COM 719153108 1,530,888 181,600 SH SOLE 176,400 PIPER JAFFRAY COM 724078100 540,581 9,700 SH SOLE 1,000 PLANAR SYSTEMS COM 726900103 4,204,886 561,400 SH SOLE 52,500 PMA CAPITAL CL A COM 693419202 165,695 15,500 SH SOLE 3,000 PNC FINANCIAL SERVICES GROUP COM 693475105 896,540 12,525 SH SOLE 0 POPE & TALBOT COM 732827100 150,860 38,000 SH SOLE 7,500 POWERSHARES QQQ TRUST SERIES 1 COM 73935A104 453,199 9,527 SH SOLE 0 PROCTER & GAMBLE COM 742718109 239,620 3,916 SH SOLE 0 QUALCOMM COM 747525103 941,563 21,700 SH SOLE 2,000 QUANTA CAPITAL HOLDINGS COM G7313F106 72,000 30,000 SH SOLE 30,000 RAIT FINANCIAL TRUST COM 749227104 450,146 17,300 SH SOLE 0 REGAL-BELOIT COM 758750103 5,259,020 113,000 SH SOLE 6,500 REGENERON PHARMACEUTICALS COM 75886F107 180,992 10,100 SH SOLE 0 RELIANT ENERGY COM 75952B105 323,400 12,000 SH SOLE 0 REPUBLIC FIRST BANCORP COM 760416107 582,202 60,646 SH SOLE 8,616 RICHARDSON ELECTRONICS COM 763165107 254,597 27,524 SH SOLE 2,024 ROYAL DUTCH SHELL PLC ADR A COM 780259206 548,912 6,760 SH SOLE 0 SAFECO COM 786429100 280,170 4,500 SH SOLE 0 SAKS INC COM 79377W108 20,416,429 956,273 SH SOLE 11,225 SALISBURY BANCORP COM 795226109 2,320,110 70,200 SH SOLE 1,500 SAPIENT COM 803062108 865,760 112,000 SH SOLE 112,000 SCHEIN (HENRY) COM 806407102 1,581,528 29,600 SH SOLE 600 SCHLUMBERGER LTD COM 806857108 461,054 5,428 SH SOLE 0 SCHMITT INDUSTRIES COM 806870200 1,302,210 137,800 SH SOLE 13,000 SEABOARD CORP COM 811543107 726,950 310 SH SOLE 0 SE FINANCIAL COM 78412R108 587,895 53,445 SH SOLE 0 SEMCO ENERGY COM 78412D109 77,700 10,000 SH SOLE 10,000 SENECA FOODS NEW COM 817070501 604,560 22,900 SH SOLE 6,500 SILICON IMAGE COM 82705T102 463,320 54,000 SH SOLE 54,000 SILICON STORAGE TECHNOLOGY COM 827057100 380,460 102,000 SH SOLE 102,000 SIMPSON MANUFACTURING COM 829073105 605,127 17,935 SH SOLE 6,100 SONOSITE COM 83568G104 9,792,959 311,580 SH SOLE 13,950 SOUTHWEST AIRLINES COM 844741108 175,759 11,788 SH SOLE 10,300 SPANISH BROADCASTING SYSTEM A COM 846425882 182,320 42,400 SH SOLE 42,400 SPANSION INC COM 84649R101 1,586,745 142,950 SH SOLE 142,950 STATE STREET COM 857477103 8,597,401 125,693 SH SOLE 0 STONERIDGE COM 86183P102 2,521,062 204,300 SH SOLE 204,300 STRATTEC SECURITY COM 863111100 4,798,935 102,105 SH SOLE 0 SUN MICROSYSTEMS COM 866810104 186,204 35,400 SH SOLE 6,400 SUPERIOR INDUSTRIES INTL COM 868168105 3,033,779 139,420 SH SOLE 3,900 SWISS HELVETIA FUND COM 870875101 10,745,511 603,680 SH SOLE 33,400 SYMMETRICOM INC COM 871543104 1,879,920 223,800 SH SOLE 40,000 Shufro, Rose & CO LLC Page: 6 Form 13F Information Table As of Date: 6/30/2007 - 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 TARGET CORP COM 87612E106 1,072,550 16,864 SH SOLE 0 TASTY BAKING COM 876553306 405,848 38,800 SH SOLE 38,800 TELLABS COM 879664100 1,215,342 112,950 SH SOLE 57,650 TERADYNE COM 880770102 14,353,806 816,485 SH SOLE 201,175 TEXAS INSTRUMENTS COM 882508104 660,407 17,550 SH SOLE 10,500 THERMO FISHER SCIENTIFIC COM 883556102 4,750,999 91,860 SH SOLE 2,900 TIME WARNER COM 887317105 3,211,588 152,642 SH SOLE 0 TRANSATLANTIC HOLDINGS COM 893521104 3,685,957 51,820 SH SOLE 5,600 TRANSWITCH CORP COM 894065101 109,200 60,000 SH SOLE 60,000 TRINITY INDUSTRIES COM 896522109 657,454 15,100 SH SOLE 2,200 UNITED CAPITAL COM 909912107 491,625 17,100 SH SOLE 3,000 UNITED PARCEL SERVICE COM 911312106 23,562,940 322,780 SH SOLE 12,775 USEC INC COM 90333E108 615,440 28,000 SH SOLE 4,000 UTSTARCOM INC COM 918076100 1,747,739 311,540 SH SOLE 296,700 VALENCE TECH COM 918914102 258,741 233,100 SH SOLE 223,100 VARIAN INC COM 922206107 12,010,347 219,047 SH SOLE 2,310 VERIZON COMMUNICATIONS COM 92343V104 280,409 6,811 SH SOLE 0 VIACOM CLASS B COM 92553P201 572,537 13,753 SH SOLE 0 VISHAY INTERTECHNOLOGY COM 928298108 243,628 15,400 SH SOLE 7,500 VITESSE SEMICONDUCTOR COM 928497106 1,311,301 1,140,262 SH SOLE 1,049,100 VODAFONE GROUP PLC NEW COM 92857W209 704,717 20,955 SH SOLE 0 WAL-MART STORES COM 931142103 26,174,294 544,051 SH SOLE 24,220 WASHINGTON POST COM 939640108 1,455,945 1,876 SH SOLE 40 WATSON PHARMACEUTICALS COM 942683103 14,709,578 452,185 SH SOLE 25,400 WESTERN UNION COM 959802109 582,199 27,950 SH SOLE 0 WESTLAKE CHEMICAL COM 960413102 6,555,897 233,140 SH SOLE 14,700 WILLIAMS-SONOMA COM 969904101 296,852 9,400 SH SOLE 8,900 WILLOW FINANCIAL BANCORP COM 97111W101 763,100 58,700 SH SOLE 7,000 WILSONS LEATHER EXPERTS COM 972463103 129,352 70,300 SH SOLE 70,300 WIRELESS FACILITIES COM 97653A103 748,608 445,600 SH SOLE 326,600 WRIGLEY WILLIAM JR COM 982526105 4,818,331 87,115 SH SOLE 17,270 WYETH COM 983024100 976,615 17,032 SH SOLE 0 YUM BRANDS COM 988498101 233,948 7,150 SH SOLE 0 3COM COM 885535104 1,067,605 258,500 SH SOLE 250,300 3M COMPANY COM 88579Y101 33,978,111 391,498 SH SOLE 8,845 Line Count: 290