13F-HR/A 1 shufrorose12312006a1.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: December 31, 2006 Check here if Amendment (X); Amendment Number: 1 This Amendment (Check only one): (X) is a restatement. ( ) 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 December 22, 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: 12/31/06 RUN DATE: 12/22/08 11:00 A.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 324 FORM 13F INFORMATION TABLE VALUE TOTAL: $964,865,289.49 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 12/31/2006 - 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 NUVEEN NY DIV ADVTG MUNI FD FUND 67066X107 234 15,000 SH SOLE 0 0 15,000 VAN KAMPEN TR FOR INVESTMENT FUND 920931102 187 12,123 SH SOLE 0 0 12,123 WESTERN ASSET MUN PARTNERS FD FUND 95766P108 257 18,146 SH SOLE 0 0 18,146 WESTERN ASSSET MUN PTNRS FD II FUND 95766V105 257 19,700 SH SOLE 0 0 19,700 NETWORK EQP TECH 7.25% 5-15-14 CONV BND 641208AA1 2,929 3,606,000 PRN SOLE 0 0 3,606,000 EATON VANCE LTD DURATION INC PFD 27828H105 902 50,403 SH SOLE 0 0 50,403 HUNTSMAN CORP 5% CONV PFD CONV PFD 447011206 418 10,050 SH SOLE 0 0 10,050 NUVEEN (JQC) PFD CV INC FUND PFD 67073D102 522 37,000 SH SOLE 0 0 37,000 NUVEEN (JTP) QLTY PFD INC FUND PFD 67071S101 278 18,800 SH SOLE 0 0 18,800 NUVEEN (JPS) QLTY PFD FD 2 PFD 67072C105 367 24,400 SH SOLE 0 0 24,400 NUVEEN (JHP) QLTY PFD INC FD 3 PFD 67072W101 534 35,800 SH SOLE 0 0 35,800 ROYAL BANK SCOTLAND 6.40% PFD PFD 780097796 1,927 75,600 SH SOLE 0 0 75,600 DWS MULTI MKT INCOME TR FUND 23338L108 277 26,000 SH SOLE 0 0 26,000 1ST TR / 4 CORNERS SR FLOAT FD FUND 33733U108 855 47,700 SH SOLE 0 0 47,700 LIBERTY ALL-STAR GROWTH FUND FUND 529900102 73 13,601 SH SOLE 0 0 13,601 PUTNAM PREMIER INCOME TRUST FUND 746853100 870 135,432 SH SOLE 0 0 135,432 TEMPLETON DRAGON FD INC FUND 88018T101 1,804 68,700 SH SOLE 0 0 68,700 WESTERN ASSET GLBL PTNS INC FD FUND 95766G108 200 15,700 SH SOLE 0 0 15,700 ABX AIR COM 00080S101 173 25,000 SH SOLE 0 0 25,000 ACUSPHERE INC COM 00511R870 31 13,000 SH SOLE 0 0 13,000 ADAPTEC COM 00651F108 8,572 1,839,575 SH SOLE 0 0 1,839,575 AFFILIATED COMPUTER SERV CL A COM 008190100 434 8,900 SH SOLE 0 0 8,900 AGILYSYS COM 00847J105 5,595 334,280 SH SOLE 0 0 334,280 AGRIUM INC COM 008916108 21,017 667,425 SH SOLE 0 0 667,425 ALASKA PACIFIC BANCSHARES COM 011757101 620 25,900 SH SOLE 0 0 25,900 ALBANY MOLECULAR RESEARCH COM 012423109 1,383 131,000 SH SOLE 0 0 131,000 ALLOY INC COM 019855303 141 12,275 SH SOLE 0 0 12,275 ALLTEL CORP COM 020039103 683 11,300 SH SOLE 0 0 11,300 AMERICAS CAR-MART COM 03062T105 244 20,600 SH SOLE 0 0 20,600 AMERICAN AXLE & MANUFACTURING COM 024061103 12,906 679,655 SH SOLE 0 0 679,655 AMERICAN EXPRESS COM 025816109 3,098 51,070 SH SOLE 0 0 51,070 AMERICAN FINANCIAL GROUP COM 025932104 269 7,500 SH SOLE 0 0 7,500 AMERICAN INTL GROUP COM 026874107 10,772 150,322 SH SOLE 0 0 150,322 AMERICAN SOFTWARE COM 029683109 207 30,000 SH SOLE 0 0 30,000 AMERISERV FINANCIAL COM 03074A102 122 24,762 SH SOLE 0 0 24,762 AMGEN INC COM 031162100 270 3,960 SH SOLE 0 0 3,960 APAC CUSTOMER SERVICES COM 00185E106 97 26,100 SH SOLE 0 0 26,100 APPLE COMPUTER COM 037833100 390 4,600 SH SOLE 0 0 4,600 APPLIED MATERIALS COM 038222105 3,472 188,185 SH SOLE 0 0 188,185 APRIA HEALTH GROUP COM 037933108 245 9,225 SH SOLE 0 0 9,225 ASYST TECHNOLOGIES COM 04648X107 800 109,510 SH SOLE 0 0 109,510 AT&T INC COM 00206R102 657 18,387 SH SOLE 0 0 18,387 AUTOMATIC DATA PROCESSING COM 053015103 574 11,655 SH SOLE 0 0 11,655 BANK OF AMERICA COM 060505104 2,093 39,219 SH SOLE 0 0 39,219 BAR HARBOR BANKSHARES COM 066849100 6,332 199,450 SH SOLE 0 0 199,450 BAUSCH & LOMB COM 071707103 7,486 143,805 SH SOLE 0 0 143,805 BEAR STEARNS COMPANIES COM 073902108 862 5,300 SH SOLE 0 0 5,300 BELLSOUTH COM 079860102 580 12,328 SH SOLE 0 0 12,328 BERKSHIRE BANCORP COM 084597202 1,422 87,270 SH SOLE 0 0 87,270 BERKSHIRE HATHAWAY A SHARES COM 084670108 2,199 20 SH SOLE 0 0 20 BERKSHIRE HATHAWAY B SHARES COM 084670207 8,296 2,263 SH SOLE 0 0 2,263 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 12/31/2006 - 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 213 16,500 SH SOLE 0 0 16,500 BOSTON PRIVATE FINANCIAL HLDGS COM 101119105 942 33,400 SH SOLE 0 0 33,400 BORLAND SOFTWARE COM 099849101 1,271 233,800 SH SOLE 0 0 233,800 BOSTON COMMUNICATIONS GROUP COM 100582105 551 220,700 SH SOLE 0 0 220,700 BP PLC COM 055622104 1,842 27,464 SH SOLE 0 0 27,464 BRESLER & REINER COM 107336109 899 25,300 SH SOLE 0 0 25,300 BRIGGS & STRATTON CORP COM 109043109 274 10,200 SH SOLE 0 0 10,200 BRISTOL-MYERS SQUIBB COM 110122108 574 21,844 SH SOLE 0 0 21,844 BROOKS AUTOMATION COM 114340102 4,209 292,300 SH SOLE 0 0 292,300 BRUKER BIOSCIENCES COM 116794108 3,759 500,600 SH SOLE 0 0 500,600 CABELA'S INC COM 126804301 12,622 523,115 SH SOLE 0 0 523,115 CALAMP CORP COM 128126109 1,822 215,906 SH SOLE 0 0 215,906 CALIFORNIA PIZZA KITCHEN COM 13054D109 11,521 345,885 SH SOLE 0 0 345,885 CARNIVAL CRUISE LINES COM 143658300 774 15,780 SH SOLE 0 0 15,780 CARRIAGE SERVICES COM 143905107 354 69,600 SH SOLE 0 0 69,600 CBS CLASS B COM 124857202 910 29,206 SH SOLE 0 0 29,206 CENTRUE FINANCIAL COM 15643B106 332 17,100 SH SOLE 0 0 17,100 CHARMING SHOPPES COM 161133103 10,065 743,950 SH SOLE 0 0 743,950 CHEMICAL FINANCIAL COM 163731102 775 23,285 SH SOLE 0 0 23,285 CHESAPEAKE ENERGY COM 165167107 1,417 48,800 SH SOLE 0 0 48,800 CHEVRON CORP COM 166764100 3,231 43,952 SH SOLE 0 0 43,952 CHICOS FAS COM 168615102 7,017 339,150 SH SOLE 0 0 339,150 CIMAREX ENERGY COM 171798101 1,366 37,450 SH SOLE 0 0 37,450 CISCO SYSTEMS COM 17275R102 693 25,360 SH SOLE 0 0 25,360 CITIGROUP COM 172967101 6,492 116,565 SH SOLE 0 0 116,565 CITIZENS BANKING COM 174420109 935 35,300 SH SOLE 0 0 35,300 CMGI INC COM 125750109 1,357 1,013,430 SH SOLE 0 0 1,013,430 COCA-COLA COM 191216100 323 6,705 SH SOLE 0 0 6,705 COLGATE PALMOLIVE COM 194162103 3,399 52,105 SH SOLE 0 0 52,105 COLLINS & AIKMAN COM 194830204 1 28,800 SH SOLE 0 0 28,800 COMCAST NEW CLASS A COM 20030N101 702 16,604 SH SOLE 0 0 16,604 COMMERCE GROUP COM 200641108 17,482 587,635 SH SOLE 0 0 587,635 COMMERCIAL METALS COM 201723103 211 8,200 SH SOLE 0 0 8,200 COMMUNITY BANK SYSTEMS COM 203607106 1,108 48,175 SH SOLE 0 0 48,175 CONCORD CAMERA NEW COM 206156200 89 19,880 SH SOLE 0 0 19,880 CONOCOPHILLIPS COM 20825C104 358 4,976 SH SOLE 0 0 4,976 CONSOLIDATED EDISON COM 209115104 253 5,280 SH SOLE 0 0 5,280 CONSOLIDATED ENERGY COM 20854P109 790 24,600 SH SOLE 0 0 24,600 CONSOLIDATED TOMOKA LAND COM 210226106 362 5,000 SH SOLE 0 0 5,000 COOLBRANDS INTERNATIONAL COM 21639P208 295 266,800 SH SOLE 0 0 266,800 CORGI INTERNATIONAL LD ADR NEW COM 21872Q202 125 18,531 SH SOLE 0 0 18,531 CORNING COM 219350105 227 12,133 SH SOLE 0 0 12,133 COSTCO WHOLESALE COM 22160K105 682 12,900 SH SOLE 0 0 12,900 COST PLUS COM 221485105 1,141 110,800 SH SOLE 0 0 110,800 COUNTRYWIDE FINANCIAL COM 222372104 526 12,400 SH SOLE 0 0 12,400 CRAWFORD & CO COM 224633107 1,689 231,500 SH SOLE 0 0 231,500 CREDENCE SYSTEMS COM 225302108 1,968 378,570 SH SOLE 0 0 378,570 CURAGEN COM 23126R101 64 14,000 SH SOLE 0 0 14,000 DAG MEDIA COM 233729102 23 14,675 SH SOLE 0 0 14,675 DELL INC COM 24702R101 807 32,165 SH SOLE 0 0 32,165 DESIGN WITHIN REACH COM 250557105 147 30,000 SH SOLE 0 0 30,000 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 12/31/2006 - 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 DIGIMARC CORP COM 253807101 374 42,500 SH SOLE 0 0 42,500 DISCOVERY HOLDING CLASS A COM 25468Y107 173 10,773 SH SOLE 0 0 10,773 DISNEY WALT COM 254687106 6,334 184,837 SH SOLE 0 0 184,837 DOLLAR TREE STORES COM 256747106 10,307 342,445 SH SOLE 0 0 342,445 DOT HILL SYSTEMS COM 25848T109 963 245,100 SH SOLE 0 0 245,100 DOW CHEMICAL COM 260543103 8,769 219,565 SH SOLE 0 0 219,565 D R HORTON COM 23331A109 8,838 333,645 SH SOLE 0 0 333,645 DRUGSTORE.COM COM 262241102 1,157 316,200 SH SOLE 0 0 316,200 DUPONT COM 263534109 21,124 433,687 SH SOLE 0 0 433,687 EL PASO CORPORATION COM 28336L109 547 35,800 SH SOLE 0 0 35,800 EMERSON ELECTRIC COM 291011104 220 5,000 SH SOLE 0 0 5,000 ENESCO GROUP COM 292973104 29 162,000 SH SOLE 0 0 162,000 ENZO BIOCHEM COM 294100102 703 49,320 SH SOLE 0 0 49,320 EPLUS INC COM 294268107 104 10,000 SH SOLE 0 0 10,000 ESPEED INC COM 296643109 1,216 139,300 SH SOLE 0 0 139,300 ETHAN ALLEN INTERIORS COM 297602104 12,511 346,480 SH SOLE 0 0 346,480 EUROPEAN EQUITY FUND COM 298768102 3,660 300,073 SH SOLE 0 0 300,073 EXCAPSA SOFTWARE COM 30066E107 6 38,000 SH SOLE 0 0 38,000 EXTREME NETWORKS COM 30226D106 83 20,000 SH SOLE 0 0 20,000 EXXON MOBIL COM 30231G102 29,750 388,232 SH SOLE 0 0 388,232 FAMILY DOLLAR STORES COM 307000109 888 30,300 SH SOLE 0 0 30,300 FASTENAL COM 311900104 1,047 29,200 SH SOLE 0 0 29,200 FRIEDMAN BILLINGS RAMSEY GROUP COM 358434108 1,606 200,800 SH SOLE 0 0 200,800 FEDERAL SIGNAL COM 313855108 9,669 602,855 SH SOLE 0 0 602,855 FIFTH THIRD BANCORP COM 316773100 568 13,900 SH SOLE 0 0 13,900 FIRST ALBANY COMPANIES COM 318465101 228 98,400 SH SOLE 0 0 98,400 FIRST BANK OF DELAWARE COM 319307104 435 140,547 SH SOLE 0 0 140,547 FIRST DATA COM 319963104 1,206 47,270 SH SOLE 0 0 47,270 FIRST NATIONAL BANK ALASKA COM 32112J106 6,481 3,101 SH SOLE 0 0 3,101 FIRST NIAGARA FINANCIAL COM 33582V108 463 31,200 SH SOLE 0 0 31,200 FLEXIINTERNATIONAL SOFTWARE COM 338923105 10 75,000 SH SOLE 0 0 75,000 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 10,538 918,006 SH SOLE 0 0 918,006 FLORIDA ROCK INDUSTRIES COM 341140101 266 6,200 SH SOLE 0 0 6,200 FORD MOTOR CO COM 345370860 94 12,602 SH SOLE 0 0 12,602 FOSSIL INC COM 349882100 1,454 64,400 SH SOLE 0 0 64,400 FOUNDRY NETWORKS COM 35063R100 973 65,000 SH SOLE 0 0 65,000 FRANKLIN BANK COM 352451108 1,244 60,600 SH SOLE 0 0 60,600 FREDS INC COM 356108100 529 44,000 SH SOLE 0 0 44,000 FRIEDMAN INDUSTRIES COM 358435105 787 65,100 SH SOLE 0 0 65,100 GENERAL ELECTRIC COM 369604103 59,265 1,592,724 SH SOLE 0 0 1,592,724 GERON CORP COM 374163103 371 42,300 SH SOLE 0 0 42,300 GETTY REALTY COM 374297109 202 6,561 SH SOLE 0 0 6,561 GIGA TRONICS COM 375175106 32 15,700 SH SOLE 0 0 15,700 GLATFELTER COM 377316104 482 31,100 SH SOLE 0 0 31,100 GLAXO SMITHKLINE PLC COM 37733W105 277 5,255 SH SOLE 0 0 5,255 GLOBAL AIRCRAFT SOLUTIONS COM 378964100 20 20,000 SH SOLE 0 0 20,000 GREATER CHINA FUND COM 39167B102 719 22,865 SH SOLE 0 0 22,865 GSI GROUP COM 36229U102 96 10,000 SH SOLE 0 0 10,000 HANCOCK FABRICS COM 409900107 527 153,200 SH SOLE 0 0 153,200 HEALTH FITNESS COM 42217V102 125 47,500 SH SOLE 0 0 47,500 HEARST-ARGYLE TELEVISION COM 422317107 7,610 298,450 SH SOLE 0 0 298,450 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 12/31/2006 - 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 HELEN OF TROY LTD BERMUDA COM G4388N106 606 25,000 SH SOLE 0 0 25,000 HEWITT ASSOCIATES COM 42822Q100 515 20,000 SH SOLE 0 0 20,000 HEWLETT PACKARD COM 428236103 13,476 327,177 SH SOLE 0 0 327,177 HOME DEPOT COM 437076102 5,072 126,295 SH SOLE 0 0 126,295 HOOPER HOLMES COM 439104100 2,683 810,800 SH SOLE 0 0 810,800 HUDSON HOLDING COM 443793104 11 15,000 SH SOLE 0 0 15,000 HUMAN GENOME SCIENCES COM 444903108 385 31,002 SH SOLE 0 0 31,002 IMMERSION CORP COM 452521107 296 40,900 SH SOLE 0 0 40,900 INFOCUS GROUP COM 45665B106 158 59,200 SH SOLE 0 0 59,200 INTEL COM 458140100 18,534 915,308 SH SOLE 0 0 915,308 INTERPUBLIC GROUP OF COMPANIES COM 460690100 1,187 97,000 SH SOLE 0 0 97,000 INTL BUSINESS MACHINES COM 459200101 15,463 159,170 SH SOLE 0 0 159,170 INTL COAL GROUP COM 45928H106 1,675 307,395 SH SOLE 0 0 307,395 INTL PAPER COM 460146103 30,629 898,239 SH SOLE 0 0 898,239 INTERNATIONAL RECTIFIER COM 460254105 3,825 99,275 SH SOLE 0 0 99,275 INTERPOOL INC COM 46062R108 7,038 301,290 SH SOLE 0 0 301,290 JAKKS PACIFIC COM 47012E106 1,179 54,000 SH SOLE 0 0 54,000 JAPAN EQUITY FUND COM 471057109 8,764 1,033,600 SH SOLE 0 0 1,033,600 JOHNSON & JOHNSON COM 478160104 11,162 169,080 SH SOLE 0 0 169,080 JOY GLOBAL COM 481165108 613 12,700 SH SOLE 0 0 12,700 KADANT COM 48282T104 11,578 474,935 SH SOLE 0 0 474,935 KEMET CORP COM 488360108 5,868 803,850 SH SOLE 0 0 803,850 KIMBERLY-CLARK COM 494368103 852 12,540 SH SOLE 0 0 12,540 KINDRED HEALTHCARE COM 494580103 696 27,600 SH SOLE 0 0 27,600 KYOCERA CORP ADR COM 501556203 6,852 72,210 SH SOLE 0 0 72,210 LA BARGE INC COM 502470107 251 18,700 SH SOLE 0 0 18,700 LEAR CORP COM 521865105 847 28,700 SH SOLE 0 0 28,700 LEVEL 3 COMMUNICATIONS COM 52729N100 84 15,000 SH SOLE 0 0 15,000 LEXINGTON PROPERTY TRUST COM 529043101 1,367 61,000 SH SOLE 0 0 61,000 LIBBEY INC COM 529898108 187 15,200 SH SOLE 0 0 15,200 LIBERTY MEDIA HLDG CAPITAL A COM 53071M302 4,676 47,726 SH SOLE 0 0 47,726 LIBERTY GLOBAL A COM 530555101 657 22,554 SH SOLE 0 0 22,554 LIBERTY MEDIA HLDG INTRACTVE A COM 53071M104 5,675 263,133 SH SOLE 0 0 263,133 LOWES COMPANIES COM 548661107 401 12,878 SH SOLE 0 0 12,878 LSI LOGIC COM 502161102 1,853 205,980 SH SOLE 0 0 205,980 M & T BANK COM 55261F104 12,086 98,938 SH SOLE 0 0 98,938 MANHATTAN PHARMACEUTICALS COM 563118207 7 10,000 SH SOLE 0 0 10,000 MARSH & MCLENNAN COM 571748102 726 23,700 SH SOLE 0 0 23,700 MCDATA CORP CL B COM 580031102 116 21,200 SH SOLE 0 0 21,200 MEADOWBROOK INSURANCE GROUP COM 58319P108 475 48,100 SH SOLE 0 0 48,100 MEDTRONIC COM 585055106 474 8,861 SH SOLE 0 0 8,861 MELLON FINANCIAL COM 58551A108 1,298 30,813 SH SOLE 0 0 30,813 MEMORY PHARMACEUTICALS COM 58606R403 68 28,000 SH SOLE 0 0 28,000 MERCK & CO COM 589331107 1,197 27,458 SH SOLE 0 0 27,458 MEREDITH CORP COM 589433101 3,394 60,245 SH SOLE 0 0 60,245 MERRILL LYNCH COM 590188108 12,648 135,863 SH SOLE 0 0 135,863 META FINANCIAL GROUP COM 59100U108 589 19,792 SH SOLE 0 0 19,792 METLIFE COM 59156R108 14,331 242,865 SH SOLE 0 0 242,865 MFA MORTGAGE INVESTMENTS COM 55272X102 1,519 197,600 SH SOLE 0 0 197,600 MFS CHARTER INCOME TRUST COM 552727109 751 87,800 SH SOLE 0 0 87,800 MICROSOFT COM 594918104 1,114 37,333 SH SOLE 0 0 37,333 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 12/31/2006 - 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 MITTAL STEEL COM 60684P101 742 17,600 SH SOLE 0 0 17,600 MONACO COACH COM 60886R103 12,658 893,955 SH SOLE 0 0 893,955 MONMOUTH REAL ESTATE INVT CORP COM 609720107 327 38,750 SH SOLE 0 0 38,750 JPMORGAN CHASE & CO COM 46625H100 24,978 517,151 SH SOLE 0 0 517,151 MORGAN STANLEY COM 617446448 588 7,221 SH SOLE 0 0 7,221 MORGAN STANLEY ASIA PACIFIC FD COM 61744U106 2,238 117,100 SH SOLE 0 0 117,100 MYLAN LABORATORIES COM 628530107 479 24,000 SH SOLE 0 0 24,000 NANOPHASE TECHNOLOGIES COM 630079101 70 11,800 SH SOLE 0 0 11,800 NASDAQ 100 SHARES COM 631100104 420 9,747 SH SOLE 0 0 9,747 NATURES SUNSHINE PRODUCTS COM 639027101 246 22,000 SH SOLE 0 0 22,000 NATIONAL WESTERN LIFE INSUR COM 638522102 11,118 48,310 SH SOLE 0 0 48,310 NAVARRE CORP COM 639208107 181 45,500 SH SOLE 0 0 45,500 NBTY INC COM 628782104 540 13,000 SH SOLE 0 0 13,000 NEOMAGIC CORP COM 640497202 1,081 184,160 SH SOLE 0 0 184,160 NESTLE SA ADR COM 641069406 368 4,150 SH SOLE 0 0 4,150 NETWORK EQUIPMENT TECHNOLOGIES COM 641208103 3,638 625,200 SH SOLE 0 0 625,200 NEWALLIANCE BANCSHARES COM 650203102 230 14,059 SH SOLE 0 0 14,059 NEWCASTLE INVESTMENT COM 65105M108 1,769 56,500 SH SOLE 0 0 56,500 NEWPORT CORP COM 651824104 2,872 137,100 SH SOLE 0 0 137,100 NIKE COM 654106103 445 4,500 SH SOLE 0 0 4,500 NYSE GROUP COM 62949W103 1,196 12,311 SH SOLE 0 0 12,311 OLD REPUBLIC COM 680223104 1,587 68,211 SH SOLE 0 0 68,211 ON ASSIGNMENT COM 682159108 580 49,400 SH SOLE 0 0 49,400 ORACLE COM 68389X105 330 19,295 SH SOLE 0 0 19,295 PAMRAPO BANCORP COM 697738102 902 38,500 SH SOLE 0 0 38,500 PARAMETRIC TECHNOLOGY NEW COM 699173209 216 12,000 SH SOLE 0 0 12,000 PATHMARK STORES COM 70322A101 769 69,000 SH SOLE 0 0 69,000 PCTEL COM 69325Q105 318 34,100 SH SOLE 0 0 34,100 PDI INC COM 69329V100 833 82,150 SH SOLE 0 0 82,150 PEPSICO INC COM 713448108 1,973 31,553 SH SOLE 0 0 31,553 PFIZER INC COM 717081103 14,983 578,517 SH SOLE 0 0 578,517 PHILIPS ELECTRONICS COM 500472303 397 10,584 SH SOLE 0 0 10,584 PHOENIX TECHNOLOGIES LTD COM 719153108 818 181,900 SH SOLE 0 0 181,900 PIPER JAFFRAY COM 724078100 566 8,700 SH SOLE 0 0 8,700 PLANAR SYSTEMS COM 726900103 4,819 498,400 SH SOLE 0 0 498,400 PMA CAPITAL CL A COM 693419202 161 17,500 SH SOLE 0 0 17,500 PNC FINANCIAL SERVICES GROUP COM 693475105 1,260 17,025 SH SOLE 0 0 17,025 PRICESMART INC COM 741511109 186 10,440 SH SOLE 0 0 10,440 PROCTER & GAMBLE COM 742718109 226 3,526 SH SOLE 0 0 3,526 QLT INC COM 746927102 116 13,800 SH SOLE 0 0 13,800 QUALCOMM COM 747525103 499 13,214 SH SOLE 0 0 13,214 QUICKSILVER COM 74838C106 475 30,200 SH SOLE 0 0 30,200 RAYTHEON COM 755111507 209 3,972 SH SOLE 0 0 3,972 REGAL-BELOIT COM 758750103 5,944 113,200 SH SOLE 0 0 113,200 REGENERON PHARMACEUTICALS COM 75886F107 439 21,900 SH SOLE 0 0 21,900 REPUBLIC FIRST BANCORP COM 760416107 713 55,137 SH SOLE 0 0 55,137 RESTORATION HARDWARE COM 760981100 165 19,500 SH SOLE 0 0 19,500 RICHARDSON ELECTRONICS COM 763165107 282 31,024 SH SOLE 0 0 31,024 ROYAL DUTCH SHELL PLC ADR A COM 780259206 577 8,160 SH SOLE 0 0 8,160 SAFECO COM 786429100 450 7,200 SH SOLE 0 0 7,200 ST PAUL COMPANIES COM 792860108 200 3,736 SH SOLE 0 0 3,736 Shufro, Rose & CO LLC Page: 6 Form 13F Information Table As of Date: 12/31/2006 - 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 SAKS INC COM 79377W108 16,900 948,385 SH SOLE 0 0 948,385 SALISBURY BANCORP COM 795226109 1,658 44,100 SH SOLE 0 0 44,100 SAPIENT COM 803062108 614 112,000 SH SOLE 0 0 112,000 SCHEIN (HENRY) COM 806407102 1,518 31,000 SH SOLE 0 0 31,000 SCHLUMBERGER LTD COM 806857108 342 5,428 SH SOLE 0 0 5,428 SCHMITT INDUSTRIES COM 806870200 1,014 137,800 SH SOLE 0 0 137,800 SCIENCE DYNAMICS COM 808631105 23 462,350 SH SOLE 0 0 462,350 SEABOARD CORP COM 811543107 1,535 870 SH SOLE 0 0 870 SE FINANCIAL COM 78412R108 655 51,795 SH SOLE 0 0 51,795 SEMCO ENERGY COM 78412D109 67 11,000 SH SOLE 0 0 11,000 SENECA FOODS NEW COM 817070501 641 26,400 SH SOLE 0 0 26,400 SHAW GROUP COM 820280105 268 8,000 SH SOLE 0 0 8,000 SIFCO INDUSTRIES COM 826546103 234 45,300 SH SOLE 0 0 45,300 SILICON STORAGE TECHNOLOGY COM 827057100 460 102,000 SH SOLE 0 0 102,000 SIMPSON MANUFACTURING COM 829073105 567 17,935 SH SOLE 0 0 17,935 SONOCO PRODUCTS COM 835495102 10,731 281,972 SH SOLE 0 0 281,972 SONOSITE COM 83568G104 9,341 302,025 SH SOLE 0 0 302,025 SPANISH BROADCASTING SYSTEM A COM 846425882 172 42,000 SH SOLE 0 0 42,000 SPANSION INC COM 84649R101 1,951 131,350 SH SOLE 0 0 131,350 STARRETT L S COM 855668109 682 42,000 SH SOLE 0 0 42,000 STATE STREET COM 857477103 8,590 127,385 SH SOLE 0 0 127,385 STONERIDGE COM 86183P102 2,362 288,500 SH SOLE 0 0 288,500 STRATTEC SECURITY COM 863111100 2,315 49,690 SH SOLE 0 0 49,690 SUN MICROSYSTEMS COM 866810104 124 22,900 SH SOLE 0 0 22,900 SUNTERRA CORPORATION COM 86787D208 763 63,325 SH SOLE 0 0 63,325 SUPERIOR INDUSTRIES INTL COM 868168105 2,773 143,920 SH SOLE 0 0 143,920 SWISS HELVETIA FUND COM 870875101 12,422 650,380 SH SOLE 0 0 650,380 SYMMETRICOM INC COM 871543104 2,282 255,900 SH SOLE 0 0 255,900 SYNOPSYS INC COM 871607107 227 8,500 SH SOLE 0 0 8,500 SYSCO CORP COM 871829107 205 5,590 SH SOLE 0 0 5,590 TARGET CORP COM 87612E106 1,044 18,300 SH SOLE 0 0 18,300 TARRAGON REALTY INVESTORS COM 876287103 312 25,700 SH SOLE 0 0 25,700 TASTY BAKING COM 876553306 348 38,800 SH SOLE 0 0 38,800 TELLABS COM 879664100 1,120 109,200 SH SOLE 0 0 109,200 TERADYNE COM 880770102 12,078 807,380 SH SOLE 0 0 807,380 TEXAS INSTRUMENTS COM 882508104 505 17,550 SH SOLE 0 0 17,550 THERMO FISHER SCIENTIFIC COM 883556102 4,216 93,100 SH SOLE 0 0 93,100 TIME WARNER COM 887317105 3,538 162,482 SH SOLE 0 0 162,482 TOOTSIE ROLL INDUSTRIES COM 890516107 231 7,076 SH SOLE 0 0 7,076 TRANSATLANTIC HOLDINGS COM 893521104 8,943 144,020 SH SOLE 0 0 144,020 TYCO INTERNATIONAL LTD COM 902124106 232 7,650 SH SOLE 0 0 7,650 UNITED CAPITAL COM 909912107 578 19,600 SH SOLE 0 0 19,600 UNITED PANAM FINANCIAL COM 911301109 222 16,200 SH SOLE 0 0 16,200 UNITED PARCEL SERVICE COM 911312106 205 2,740 SH SOLE 0 0 2,740 UNUMPROVIDENT CORP COM 91529Y106 1,107 53,300 SH SOLE 0 0 53,300 USEC INC COM 90333E108 625 49,200 SH SOLE 0 0 49,200 US ENERGY SYSTEMS COM 902951102 127 24,728 SH SOLE 0 0 24,728 UTSTARCOM INC COM 918076100 3,137 358,540 SH SOLE 0 0 358,540 VALENCE TECH COM 918914102 375 227,700 SH SOLE 0 0 227,700 VARIAN INC COM 922206107 15,411 344,074 SH SOLE 0 0 344,074 VERIZON COMMUNICATIONS COM 92343V104 238 6,409 SH SOLE 0 0 6,409 Shufro, Rose & CO LLC Page: 7 Form 13F Information Table As of Date: 12/31/2006 - 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 VIACOM CLASS B COM 92553P201 8,148 198,603 SH SOLE 0 0 198,603 VILLAGE SUPERMARKET COM 927107409 213 2,500 SH SOLE 0 0 2,500 VISHAY INTERTECHNOLOGY COM 928298108 138 10,200 SH SOLE 0 0 10,200 VITESSE SEMICONDUCTOR COM 928497106 931 1,076,862 SH SOLE 0 0 1,076,862 VODAFONE GROUP PLC NEW COM 92857W209 573 20,627 SH SOLE 0 0 20,627 WAL-MART STORES COM 931142103 532 11,536 SH SOLE 0 0 11,536 WASHINGTON POST COM 939640108 1,348 1,808 SH SOLE 0 0 1,808 WATSON PHARMACEUTICALS COM 942683103 11,666 448,210 SH SOLE 0 0 448,210 WESTERN UNION COM 959802109 1,047 46,720 SH SOLE 0 0 46,720 WILLIAMS-SONOMA COM 969904101 295 9,400 SH SOLE 0 0 9,400 WILSONS LEATHER EXPERTS COM 972463103 143 70,100 SH SOLE 0 0 70,100 WIRELESS FACILITIES COM 97653A103 2,413 846,800 SH SOLE 0 0 846,800 WRIGLEY WILLIAM JR COM 982526105 8,132 157,235 SH SOLE 0 0 157,235 WYETH COM 983024100 902 17,732 SH SOLE 0 0 17,732 YUM BRANDS COM 988498101 233 3,975 SH SOLE 0 0 3,975 ZEBRA TECHNOLOGIES COM 989207105 205 5,900 SH SOLE 0 0 5,900 3COM COM 885535104 887 215,900 SH SOLE 0 0 215,900 3M COMPANY COM 88579Y101 28,785 369,381 SH SOLE 0 0 369,381 Line Count: 324