13F-HR 1 shufrorose06302008.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, 2008 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 1, 2008 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: 06/30/08 RUN DATE: 8/1/08 03:45 P.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 299 FORM 13F INFORMATION TABLE VALUE TOTAL: $797,257,694.49 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 6/30/2008 - Voting Authority - Title Name of Issuer of Class - CUSIP - Value Shares/ SH/ Put/ Invstmt/ Oth Voting Authority Shared None (X $1000) Prn Amt Prn Call Dscretn Mgrs Sole Shared None BLACKROCK MUNIYIELD NY INSD FD FUND 09255E102 339 28,500 SH SOLE 0 0 28,500 VAN KAMPEN TR FOR INVESTMENT FUND 920931102 168 12,123 SH SOLE 0 0 12,123 VAN KAMPEN TR FOR INVESTMENT FUND 920929106 169 12,180 SH SOLE 0 0 12,180 WESTERN ASSET MUN PARTNERS FD FUND 95766P108 365 29,356 SH SOLE 0 0 29,356 NETWORK EQP TECH 7.25% 5-15-14 CONV BND 641208AA1 3,040 3,436,000 PRN SOLE 0 0 3,436,000 BLACKROCK FLT RT STRATEGIES FD PFD 09255X100 443 29,500 SH SOLE 0 0 29,500 EATON VANCE LTD DURATION INC PFD 27828H105 779 53,803 SH SOLE 0 0 53,803 NUVEEN (JTP) QLTY PFD INC FUND PFD 67071S101 177 18,800 SH SOLE 0 0 18,800 NUVEEN (JPS) QLTY PFD FD 2 PFD 67072C105 191 19,100 SH SOLE 0 0 19,100 NUVEEN (JHP) QLTY PFD INC FD 3 PFD 67072W101 306 32,350 SH SOLE 0 0 32,350 NUVEEN MULTI-STRATEGY INC AND PFD 67073D102 358 36,300 SH SOLE 0 0 36,300 ROYAL BANK SCOTLAND 6.40% PFD PFD 780097796 1,352 75,550 SH SOLE 0 0 75,550 ALLIANCE BERNSTEIN INCOME FD FUND 01881E101 135 16,650 SH SOLE 0 0 16,650 DREYFUS HIGH YIELD STRATEGIES FUND 26200S101 53 15,000 SH SOLE 0 0 15,000 DWS MULTI MKT INCOME TR FUND 23338L108 379 45,800 SH SOLE 0 0 45,800 1ST TR / 4 CORNERS SR FLOAT FD FUND 33733U108 661 46,600 SH SOLE 0 0 46,600 PUTNAM PREMIER INCOME TRUST FUND 746853100 187 31,131 SH SOLE 0 0 31,131 LIBERTY ALL-STAR GROWTH FUND FUND 529900102 66 14,277 SH SOLE 0 0 14,277 WESTERN ASSET GLBL PTNS INC FD FUND 95766G108 227 21,700 SH SOLE 0 0 21,700 ACUSPHERE INC COM 00511R870 39 57,000 SH SOLE 0 0 57,000 ADAPTEC COM 00651F108 826 258,150 SH SOLE 0 0 258,150 AGILYSYS COM 00847J105 10,282 906,740 SH SOLE 0 0 906,740 AGRIUM INC COM 008916108 20,088 186,800 SH SOLE 0 0 186,800 AIR TRANSPORT SERVICES GROUP COM 00922R105 10 10,100 SH SOLE 0 0 10,100 AIRTRAN HOLDINGS COM 00949P108 32 16,000 SH SOLE 0 0 16,000 ALASKA PACIFIC BANCSHARES COM 011757101 433 23,950 SH SOLE 0 0 23,950 ALBANY MOLECULAR RESEARCH COM 012423109 955 71,975 SH SOLE 0 0 71,975 AMERICAN AXLE & MANUFACTURING COM 024061103 1,610 201,525 SH SOLE 0 0 201,525 AMERICAN EAGLE OUTFITTERS COM 02553E106 990 72,700 SH SOLE 0 0 72,700 AMERICAN EXPRESS COM 025816109 1,750 46,465 SH SOLE 0 0 46,465 AMERICAN FINANCIAL GROUP COM 025932104 200 7,500 SH SOLE 0 0 7,500 AMERICAN SOFTWARE COM 029683109 142 25,300 SH SOLE 0 0 25,300 APPLE COMPUTER COM 037833100 217 1,300 SH SOLE 0 0 1,300 APPLIED MATERIALS COM 038222105 3,087 161,725 SH SOLE 0 0 161,725 ASYST TECHNOLOGIES COM 04648X107 105 29,415 SH SOLE 0 0 29,415 AT&T INC COM 00206R102 1,094 32,495 SH SOLE 0 0 32,495 AUTOMATIC DATA PROCESSING COM 053015103 362 8,655 SH SOLE 0 0 8,655 AVX COM 002444107 7,652 676,640 SH SOLE 0 0 676,640 BAFFINLAND IRON MINES COM 056620107 30 10,000 SH SOLE 0 0 10,000 BANK OF AMERICA COM 060505104 849 35,589 SH SOLE 0 0 35,589 BANK OF NEW YORK COM 064058100 1,026 27,128 SH SOLE 0 0 27,128 BAR HARBOR BANKSHARES COM 066849100 5,894 212,050 SH SOLE 0 0 212,050 BARNES & NOBLE COM 067774109 2,116 85,200 SH SOLE 0 0 85,200 BARR PHARMACEUTICALS COM 068306109 2,465 54,700 SH SOLE 0 0 54,700 BEBE STORES COM 075571109 269 28,000 SH SOLE 0 0 28,000 BENCHMARK ELECTRONICS COM 08160H101 458 28,050 SH SOLE 0 0 28,050 BERKSHIRE BANCORP COM 084597202 1,149 86,270 SH SOLE 0 0 86,270 BERKSHIRE HATHAWAY A SHARES COM 084670108 1,690 14 SH SOLE 0 0 14 BERKSHIRE HATHAWAY B SHARES COM 084670207 8,529 2,126 SH SOLE 0 0 2,126 BGC PARTNERS COM 05541T101 800 106,000 SH SOLE 0 0 106,000 BJ SERVICES COM 055482103 297 9,300 SH SOLE 0 0 9,300 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 6/30/2008 - Voting Authority - Title Name of Issuer of Class - CUSIP - Value Shares/ SH/ Put/ Invstmt/ Oth Voting Authority Shared None (X $1000) Prn Amt Prn Call Dscretn Mgrs Sole Shared None BNCCORP INC COM 055936108 167 18,500 SH SOLE 0 0 18,500 BOSTON PRIVATE FINANCIAL HLDGS COM 101119105 199 35,200 SH SOLE 0 0 35,200 BORLAND SOFTWARE COM 099849101 180 132,700 SH SOLE 0 0 132,700 BP PLC COM 055622104 1,663 23,910 SH SOLE 0 0 23,910 BRESLER & REINER COM 107336109 388 22,800 SH SOLE 0 0 22,800 BRIGGS & STRATTON CORP COM 109043109 128 10,100 SH SOLE 0 0 10,100 BRISTOL-MYERS SQUIBB COM 110122108 405 19,769 SH SOLE 0 0 19,769 BROADPOINT SECURITIES GROUP COM 11133V108 23 11,600 SH SOLE 0 0 11,600 BROOKS AUTOMATION COM 114340102 2,519 304,700 SH SOLE 0 0 304,700 BROWN SHOE COMPANY COM 115736100 533 39,400 SH SOLE 0 0 39,400 CABELA'S INC COM 126804301 1,194 108,510 SH SOLE 0 0 108,510 CALAMP CORP COM 128126109 386 188,706 SH SOLE 0 0 188,706 CARLISLE COMPANIES COM 142339100 208 7,200 SH SOLE 0 0 7,200 CARNIVAL CRUISE LINES COM 143658300 454 13,780 SH SOLE 0 0 13,780 CARRIAGE SERVICES COM 143905107 379 57,500 SH SOLE 0 0 57,500 CBRE REALTY FINANCE COM 12498B307 287 83,500 SH SOLE 0 0 83,500 CBS CLASS B COM 124857202 459 23,600 SH SOLE 0 0 23,600 CENTRUE FINANCIAL COM 15643B106 157 14,300 SH SOLE 0 0 14,300 CHARLOTTE RUSSE HOLDING COM 161048103 435 24,500 SH SOLE 0 0 24,500 CHEMICAL FINANCIAL COM 163731102 350 17,185 SH SOLE 0 0 17,185 CHESAPEAKE ENERGY COM 165167107 2,658 40,300 SH SOLE 0 0 40,300 CHEVRON CORP COM 166764100 4,078 41,147 SH SOLE 0 0 41,147 CHICOS FAS COM 168615102 5,714 1,064,215 SH SOLE 0 0 1,064,215 CHRISTOPHER & BANKS COM 171046105 1,520 223,600 SH SOLE 0 0 223,600 CIMAREX ENERGY COM 171798101 661 9,500 SH SOLE 0 0 9,500 CISCO SYSTEMS COM 17275R102 659 28,367 SH SOLE 0 0 28,367 CITADEL BROADCASTING COM 17285T106 16 13,393 SH SOLE 0 0 13,393 CITIGROUP COM 172967101 3,623 216,207 SH SOLE 0 0 216,207 CMGI INC NEW COM 125750307 969 91,480 SH SOLE 0 0 91,480 COACH INC COM 189754104 736 25,500 SH SOLE 0 0 25,500 COCA-COLA COM 191216100 349 6,730 SH SOLE 0 0 6,730 COLDWATER CREEK COM 193068103 70 13,300 SH SOLE 0 0 13,300 COMMERCE ENERGY GROUP COM 20061Q106 16 15,000 SH SOLE 0 0 15,000 CONCORD CAMERA NEW COM 206156200 114 31,880 SH SOLE 0 0 31,880 CONOCOPHILLIPS COM 20825C104 535 5,676 SH SOLE 0 0 5,676 CONSOLIDATED TOMOKA LAND COM 210226106 210 5,000 SH SOLE 0 0 5,000 COOLBRANDS INTERNATIONAL COM 21639P307 178 229,700 SH SOLE 0 0 229,700 CORNING COM 219350105 505 21,933 SH SOLE 0 0 21,933 COSTCO WHOLESALE COM 22160K105 736 10,500 SH SOLE 0 0 10,500 CRAWFORD & CO COM 224633107 1,886 236,100 SH SOLE 0 0 236,100 CREDENCE SYSTEMS COM 225302108 413 317,970 SH SOLE 0 0 317,970 DELL INC COM 24702R101 596 27,265 SH SOLE 0 0 27,265 DESIGN WITHIN REACH COM 250557105 104 30,000 SH SOLE 0 0 30,000 DISCOVER FINANCIAL SERVICES COM 254709108 329 25,001 SH SOLE 0 0 25,001 DISNEY WALT COM 254687106 5,609 179,802 SH SOLE 0 0 179,802 DOMTAR CORP COM 257559104 1,242 228,010 SH SOLE 0 0 228,010 DONEGAL GROUP COM 257701201 7,014 442,000 SH SOLE 0 0 442,000 DOT HILL SYSTEMS COM 25848T109 736 291,000 SH SOLE 0 0 291,000 DOVER CORP COM 260003108 7,061 145,990 SH SOLE 0 0 145,990 DOW CHEMICAL COM 260543103 8,012 229,530 SH SOLE 0 0 229,530 DRESS BARN COM 261570105 4,173 311,900 SH SOLE 0 0 311,900 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 6/30/2008 - Voting Authority - Title Name of Issuer of Class - CUSIP - Value Shares/ SH/ Put/ Invstmt/ Oth Voting Authority Shared None (X $1000) Prn Amt Prn Call Dscretn Mgrs Sole Shared None D R HORTON COM 23331A109 3,356 309,360 SH SOLE 0 0 309,360 DRUGSTORE.COM COM 262241102 126 66,800 SH SOLE 0 0 66,800 DUPONT COM 263534109 17,114 399,035 SH SOLE 0 0 399,035 EL PASO CORPORATION COM 28336L109 886 40,800 SH SOLE 0 0 40,800 EMERSON ELECTRIC COM 291011104 247 5,000 SH SOLE 0 0 5,000 ENERGY TRANSFER PARTNERS COM 29273R109 208 4,800 SH SOLE 0 0 4,800 ENER1 INC COM 29267A203 129 17,475 SH SOLE 0 0 17,475 ENZO BIOCHEM COM 294100102 546 48,733 SH SOLE 0 0 48,733 ETHAN ALLEN INTERIORS COM 297602104 8,985 365,270 SH SOLE 0 0 365,270 EUROPEAN EQUITY FUND COM 298768102 2,782 277,122 SH SOLE 0 0 277,122 EV3 INC COM 26928A200 218 23,050 SH SOLE 0 0 23,050 EXCAPSA SOFTWARE COM 30066E107 6 38,000 SH SOLE 0 0 38,000 EXXON MOBIL COM 30231G102 27,893 316,502 SH SOLE 0 0 316,502 FEDERAL SIGNAL COM 313855108 6,092 507,680 SH SOLE 0 0 507,680 FIFTH THIRD BANCORP COM 316773100 112 11,100 SH SOLE 0 0 11,100 FINISH LINE CL A COM 317923100 286 32,900 SH SOLE 0 0 32,900 FIRST BANK OF DELAWARE COM 319307104 264 140,047 SH SOLE 0 0 140,047 FIRST HORIZON NATIONAL COM 320517105 98 13,200 SH SOLE 0 0 13,200 FIRST NATIONAL BANK ALASKA COM 32112J106 4,208 2,275 SH SOLE 0 0 2,275 FIRST CITIZENS BANCORP SC COM 319460101 2,741 4,686 SH SOLE 0 0 4,686 FLEXIINTERNATIONAL SOFTWARE COM 338923105 15 75,000 SH SOLE 0 0 75,000 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 13,868 1,475,344 SH SOLE 0 0 1,475,344 FOOT LOCKER COM 344849104 2,741 220,200 SH SOLE 0 0 220,200 FORD MOTOR CO COM 345370860 74 15,418 SH SOLE 0 0 15,418 FRANKLIN BANK COM 352451108 35 58,800 SH SOLE 0 0 58,800 FRIEDMAN INDUSTRIES COM 358435105 767 95,900 SH SOLE 0 0 95,900 FULL METAL MINERALS COM 35968C109 14 10,000 SH SOLE 0 0 10,000 GENERAL ELECTRIC COM 369604103 38,479 1,441,717 SH SOLE 0 0 1,441,717 GERON CORP COM 374163103 379 110,000 SH SOLE 0 0 110,000 GEVITY HR COM 374393106 129 24,000 SH SOLE 0 0 24,000 GIGA TRONICS COM 375175106 20 16,100 SH SOLE 0 0 16,100 GLATFELTER COM 377316104 391 29,000 SH SOLE 0 0 29,000 GLAXO SMITHKLINE PLC COM 37733W105 223 5,055 SH SOLE 0 0 5,055 GLOBAL AIRCRAFT SOLUTIONS COM 378964100 11 30,000 SH SOLE 0 0 30,000 GOLFSMITH INTL COM 38168Y103 155 68,300 SH SOLE 0 0 68,300 GREATER CHINA FUND COM 39167B102 342 26,433 SH SOLE 0 0 26,433 GSI GROUP COM 36229U102 124 16,000 SH SOLE 0 0 16,000 GUARANTY BANCORP COM 40075T102 172 48,000 SH SOLE 0 0 48,000 HARDINGE INC COM 412324303 576 43,800 SH SOLE 0 0 43,800 HARRIS & HARRIS GROUP COM 413833104 1,539 256,600 SH SOLE 0 0 256,600 HCC INSURANCE HOLDINGS COM 404132102 1,418 67,115 SH SOLE 0 0 67,115 HEALTH FITNESS COM 42217V102 477 265,000 SH SOLE 0 0 265,000 HELEN OF TROY LTD BERMUDA COM G4388N106 362 22,500 SH SOLE 0 0 22,500 HEWLETT PACKARD COM 428236103 15,106 341,708 SH SOLE 0 0 341,708 HOME DEPOT COM 437076102 1,141 48,728 SH SOLE 0 0 48,728 H3 ENTERPRISES COM 404369100 0 13,000 SH SOLE 0 0 13,000 HUDSON HOLDING COM 443793104 6 15,000 SH SOLE 0 0 15,000 HUMAN GENOME SCIENCES COM 444903108 114 22,000 SH SOLE 0 0 22,000 IMATION CORP COM 45245A107 285 12,445 SH SOLE 0 0 12,445 IMI PLC ORD 25P COM G47152106 1,042 120,000 SH SOLE 0 0 120,000 IMMUCELL CORP NEW COM 452525306 34 10,000 SH SOLE 0 0 10,000 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 6/30/2008 - Voting Authority - Title Name of Issuer of Class - CUSIP - Value Shares/ SH/ Put/ Invstmt/ Oth Voting Authority Shared None (X $1000) Prn Amt Prn Call Dscretn Mgrs Sole Shared None INFOSONICS CORP COM 456784107 164 214,200 SH SOLE 0 0 214,200 INTEL COM 458140100 27,591 1,284,536 SH SOLE 0 0 1,284,536 INTL BUSINESS MACHINES COM 459200101 11,804 99,593 SH SOLE 0 0 99,593 INTL COAL GROUP COM 45928H106 3,415 261,710 SH SOLE 0 0 261,710 INTL FRONTIER RESOURCES COM 459976106 6 25,000 SH SOLE 0 0 25,000 INTL PAPER COM 460146103 22,498 965,608 SH SOLE 0 0 965,608 INTL RECTIFIER COM 460254105 9,263 482,480 SH SOLE 0 0 482,480 INVACARE CORP COM 461203101 966 47,300 SH SOLE 0 0 47,300 JAPAN EQUITY FUND COM 471057109 6,511 930,200 SH SOLE 0 0 930,200 JAPAN SMALLER CAP FUND COM 47109U104 4,925 526,250 SH SOLE 0 0 526,250 JETBLUE AIRWAYS COM 477143101 55 14,800 SH SOLE 0 0 14,800 JOHNSON & JOHNSON COM 478160104 15,621 242,791 SH SOLE 0 0 242,791 JOY GLOBAL COM 481165108 401 5,300 SH SOLE 0 0 5,300 KADANT COM 48282T104 1,720 76,120 SH SOLE 0 0 76,120 KELLY SERVICES CL A COM 488152208 5,151 266,525 SH SOLE 0 0 266,525 KEMET CORP COM 488360108 1,806 557,700 SH SOLE 0 0 557,700 KIMBERLY-CLARK COM 494368103 624 10,440 SH SOLE 0 0 10,440 KING PHARMACEUTICALS COM 495582108 251 24,000 SH SOLE 0 0 24,000 KLEGG ELECTRONICS COM 498499300 0 14,300 SH SOLE 0 0 14,300 KOHLS COM 500255104 948 23,700 SH SOLE 0 0 23,700 KRATOS DEFENSE & SECURITY COM 50077B108 2,445 1,247,600 SH SOLE 0 0 1,247,600 LAKELAND INDUSTRIES COM 511795106 939 74,097 SH SOLE 0 0 74,097 LATTICE INCORPORATED COM 518414107 10 41,135 SH SOLE 0 0 41,135 LECROY CORP COM 52324W109 89 10,000 SH SOLE 0 0 10,000 LEXINGTON PROPERTY TRUST COM 529043101 531 39,000 SH SOLE 0 0 39,000 LIBERTY MEDIA ENTERTAINMENT A COM 53071M500 686 28,352 SH SOLE 0 0 28,352 LIBERTY MEDIA HLDG INTRACTVE A COM 53071M104 851 57,710 SH SOLE 0 0 57,710 LILLY (ELI) & CO COM 532457108 510 11,053 SH SOLE 0 0 11,053 LSI CORPORATION COM 502161102 2,426 395,276 SH SOLE 0 0 395,276 M & T BANK COM 55261F104 9,098 128,986 SH SOLE 0 0 128,986 MANHATTAN PHARMACEUTICALS COM 563118207 1 10,000 SH SOLE 0 0 10,000 MCCORMICK SCHMICKS SEAFOOD RES COM 579793100 260 27,025 SH SOLE 0 0 27,025 MEADOWBROOK INSURANCE GROUP COM 58319P108 250 47,300 SH SOLE 0 0 47,300 MEDTRONIC COM 585055106 9,811 189,601 SH SOLE 0 0 189,601 MERCK & CO COM 589331107 835 22,175 SH SOLE 0 0 22,175 MEREDITH CORP COM 589433101 7,870 278,205 SH SOLE 0 0 278,205 MERRILL LYNCH COM 590188108 5,586 176,189 SH SOLE 0 0 176,189 METLIFE COM 59156R108 12,142 230,095 SH SOLE 0 0 230,095 MICROSOFT COM 594918104 714 25,956 SH SOLE 0 0 25,956 MOBILE MINI COM 60740F105 8,716 435,800 SH SOLE 0 0 435,800 MONACO COACH COM 60886R103 3,503 1,152,525 SH SOLE 0 0 1,152,525 MONMOUTH REAL ESTATE INVT CORP COM 609720107 241 37,750 SH SOLE 0 0 37,750 JPMORGAN CHASE & CO COM 46625H100 16,598 483,773 SH SOLE 0 0 483,773 MORGAN STANLEY ASIA PACIFIC FD COM 61744U106 256 14,700 SH SOLE 0 0 14,700 MUELLER WATER PRODUCTS COM 624758108 714 88,500 SH SOLE 0 0 88,500 MYLAN INC COM 628530107 12,490 1,034,855 SH SOLE 0 0 1,034,855 NAM TAI ELECTRONICS COM 629865205 1,455 111,300 SH SOLE 0 0 111,300 NANOPHASE TECHNOLOGIES COM 630079101 51 22,300 SH SOLE 0 0 22,300 NATIONAL WESTERN LIFE INSUR COM 638522102 10,877 49,781 SH SOLE 0 0 49,781 NAUTILUS GROUP COM 63910B102 63 12,550 SH SOLE 0 0 12,550 NAVARRE CORP COM 639208107 452 275,900 SH SOLE 0 0 275,900 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 6/30/2008 - Voting Authority - Title Name of Issuer of Class - CUSIP - Value Shares/ SH/ Put/ Invstmt/ Oth Voting Authority Shared None (X $1000) Prn Amt Prn Call Dscretn Mgrs Sole Shared None NEOMAGIC CORP COM 640497202 61 179,660 SH SOLE 0 0 179,660 NESTLE SA ADR COM 641069406 526 4,650 SH SOLE 0 0 4,650 NETGEAR INC COM 64111Q104 505 36,500 SH SOLE 0 0 36,500 NETWORK EQUIPMENT TECHNOLOGIES COM 641208103 3,171 893,300 SH SOLE 0 0 893,300 NEWCASTLE INVESTMENT COM 65105M108 336 48,000 SH SOLE 0 0 48,000 NEWPORT CORP COM 651824104 5,097 447,525 SH SOLE 0 0 447,525 OFFICE DEPOT COM 676220106 3,667 335,200 SH SOLE 0 0 335,200 OLD REPUBLIC COM 680223104 1,242 104,975 SH SOLE 0 0 104,975 ON ASSIGNMENT COM 682159108 808 100,800 SH SOLE 0 0 100,800 ONE BEACON INSURANCE LTD COM G67742109 5,661 322,250 SH SOLE 0 0 322,250 OPNEXT INC COM 68375V105 96 18,000 SH SOLE 0 0 18,000 PAMRAPO BANCORP COM 697738102 543 35,100 SH SOLE 0 0 35,100 PDI INC COM 69329V100 1,252 143,800 SH SOLE 0 0 143,800 PEPSICO INC COM 713448108 1,812 28,503 SH SOLE 0 0 28,503 PETROLEUM DEVELOPMENT COM 716578109 332 5,000 SH SOLE 0 0 5,000 PEYTO ENERGY TRUST COM 717045108 226 11,500 SH SOLE 0 0 11,500 PF CHANGS CHINA BISTRO COM 69333Y108 862 38,600 SH SOLE 0 0 38,600 PFIZER INC COM 717081103 11,964 684,844 SH SOLE 0 0 684,844 PIPER JAFFRAY COM 724078100 442 15,100 SH SOLE 0 0 15,100 PLANAR SYSTEMS COM 726900103 31 12,000 SH SOLE 0 0 12,000 PNC FINANCIAL SERVICES GROUP COM 693475105 485 8,500 SH SOLE 0 0 8,500 POWERSHARES QQQ TRUST SERIES 1 COM 73935A104 406 9,005 SH SOLE 0 0 9,005 PRIMEENERGY CORP COM 74158E104 1,156 20,847 SH SOLE 0 0 20,847 PROCTER & GAMBLE COM 742718109 221 3,635 SH SOLE 0 0 3,635 PROSPECT CAPITAL COM 74348T102 607 46,100 SH SOLE 0 0 46,100 QUALCOMM COM 747525103 1,038 23,400 SH SOLE 0 0 23,400 RAMCO GERSHENSON PROPERTIES TR COM 751452202 1,008 49,100 SH SOLE 0 0 49,100 REGAL-BELOIT COM 758750103 5,500 130,200 SH SOLE 0 0 130,200 REGENERON PHARMACEUTICALS COM 75886F107 155 10,800 SH SOLE 0 0 10,800 RELIANT ENERGY COM 75952B105 255 12,000 SH SOLE 0 0 12,000 REPUBLIC FIRST BANCORP COM 760416107 440 60,646 SH SOLE 0 0 60,646 RICHARDSON ELECTRONICS COM 763165107 115 19,524 SH SOLE 0 0 19,524 ROCKWELL AUTOMATION COM 773903109 11,342 259,375 SH SOLE 0 0 259,375 ROYAL DUTCH SHELL PLC ADR A COM 780259206 599 7,340 SH SOLE 0 0 7,340 ST JOE CO COM 790148100 301 8,780 SH SOLE 0 0 8,780 SAKS INC COM 79377W108 3,497 318,571 SH SOLE 0 0 318,571 SALISBURY BANCORP COM 795226109 2,263 74,810 SH SOLE 0 0 74,810 SALTON INC COM 795757103 3 15,400 SH SOLE 0 0 15,400 SANOFI AVENTIS COM 80105N105 445 13,400 SH SOLE 0 0 13,400 SCHEIN (HENRY) COM 806407102 1,438 27,900 SH SOLE 0 0 27,900 SCHLUMBERGER LTD COM 806857108 452 4,210 SH SOLE 0 0 4,210 SCHMITT INDUSTRIES COM 806870200 825 137,500 SH SOLE 0 0 137,500 SEABOARD CORP COM 811543107 480 310 SH SOLE 0 0 310 SE FINANCIAL COM 78412R108 389 44,045 SH SOLE 0 0 44,045 SENECA FOODS NEW COM 817070501 581 27,900 SH SOLE 0 0 27,900 SILICON IMAGE COM 82705T102 300 41,500 SH SOLE 0 0 41,500 SILICON STORAGE TECHNOLOGY COM 827057100 591 213,600 SH SOLE 0 0 213,600 SIMPSON MANUFACTURING COM 829073105 7,235 304,795 SH SOLE 0 0 304,795 SONOCO PRODUCTS COM 835495102 16,512 533,520 SH SOLE 0 0 533,520 SONOSITE COM 83568G104 1,713 61,165 SH SOLE 0 0 61,165 FINANCIAL SELECT SECTOR SPDR COM 81369Y605 513 25,350 SH SOLE 0 0 25,350 Shufro, Rose & CO LLC Page: 6 Form 13F Information Table As of Date: 6/30/2008 - Voting Authority - Title Name of Issuer of Class - CUSIP - Value Shares/ SH/ Put/ Invstmt/ Oth Voting Authority Shared None (X $1000) Prn Amt Prn Call Dscretn Mgrs Sole Shared None STRATTEC SECURITY COM 863111100 4,025 114,290 SH SOLE 0 0 114,290 SUPERIOR INDUSTRIES INTL COM 868168105 2,313 137,050 SH SOLE 0 0 137,050 SWISS HELVETIA FUND COM 870875101 8,719 574,400 SH SOLE 0 0 574,400 SYMMETRICOM INC COM 871543104 865 225,300 SH SOLE 0 0 225,300 SYNERON MEDICAL COM M87245102 269 16,400 SH SOLE 0 0 16,400 TARGET CORP COM 87612E106 802 17,264 SH SOLE 0 0 17,264 TASTY BAKING COM 876553306 65 12,000 SH SOLE 0 0 12,000 TELLABS COM 879664100 310 66,700 SH SOLE 0 0 66,700 TEMPLETON DRAGON FD INC COM 88018T101 1,384 55,600 SH SOLE 0 0 55,600 TERADYNE COM 880770102 9,114 823,325 SH SOLE 0 0 823,325 TEXAS INSTRUMENTS COM 882508104 204 7,250 SH SOLE 0 0 7,250 THERMO FISHER SCIENTIFIC COM 883556102 4,753 85,295 SH SOLE 0 0 85,295 THOR INDUSTRIES COM 885160101 395 18,600 SH SOLE 0 0 18,600 TIMBERLAND CO COM 887100105 196 12,006 SH SOLE 0 0 12,006 TIME WARNER COM 887317105 2,162 146,096 SH SOLE 0 0 146,096 TRANSWITCH CORP COM 894065101 55 60,000 SH SOLE 0 0 60,000 TRINITY INDUSTRIES COM 896522109 1,210 34,900 SH SOLE 0 0 34,900 UNITED CAPITAL COM 909912107 417 21,750 SH SOLE 0 0 21,750 UNITED PARCEL SERVICE COM 911312106 15,415 250,781 SH SOLE 0 0 250,781 U S CONCRETE COM 90333L102 71 15,000 SH SOLE 0 0 15,000 USEC INC COM 90333E108 158 26,000 SH SOLE 0 0 26,000 US GYPSUM COM 903293405 8,613 291,275 SH SOLE 0 0 291,275 UTSTARCOM INC COM 918076100 1,911 349,540 SH SOLE 0 0 349,540 VALENCE TECH COM 918914102 905 204,500 SH SOLE 0 0 204,500 VERIZON COMMUNICATIONS COM 92343V104 449 12,711 SH SOLE 0 0 12,711 VIACOM CLASS B COM 92553P201 226 7,404 SH SOLE 0 0 7,404 VISHAY INTERTECHNOLOGY COM 928298108 659 74,400 SH SOLE 0 0 74,400 VITESSE SEMICONDUCTOR COM 928497106 860 1,344,403 SH SOLE 0 0 1,344,403 VODAFONE GROUP PLC NEW COM 92857W209 599 20,335 SH SOLE 0 0 20,335 WABASH NATIONAL COM 929566107 6,223 823,150 SH SOLE 0 0 823,150 WAL-MART STORES COM 931142103 21,273 378,531 SH SOLE 0 0 378,531 WARWICK VALLEY TELEPHONE COM 936750108 130 12,400 SH SOLE 0 0 12,400 WASHINGTON POST COM 939640108 960 1,636 SH SOLE 0 0 1,636 WATSON PHARMACEUTICALS COM 942683103 10,246 377,115 SH SOLE 0 0 377,115 WELLPOINT INC COM 94973V107 910 19,100 SH SOLE 0 0 19,100 WESTERN UNION COM 959802109 605 24,500 SH SOLE 0 0 24,500 WESTLAKE CHEMICAL COM 960413102 11,402 767,325 SH SOLE 0 0 767,325 WHIRLPOOL CORP COM 963320106 8,354 135,343 SH SOLE 0 0 135,343 WILLOW FINANCIAL BANCORP COM 97111W101 440 54,100 SH SOLE 0 0 54,100 WRIGLEY WILLIAM JR COM 982526105 5,296 68,090 SH SOLE 0 0 68,090 WYETH COM 983024100 1,037 21,632 SH SOLE 0 0 21,632 ZIMMER HOLDINGS COM 98956P102 270 3,969 SH SOLE 0 0 3,969 3COM COM 885535104 1,036 489,100 SH SOLE 0 0 489,100 3M COMPANY COM 88579Y101 26,027 374,012 SH SOLE 0 0 374,012 Line Count: 299