13F-HR/A 1 shufrorose09302007a1.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, 2007 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: 09/30/07 RUN DATE: 12/22/07 11:00 A.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 319 FORM 13F INFORMATION TABLE VALUE TOTAL: $1,048,550,876.50 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 9/30/2007 - 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 214 15,000 SH SOLE 0 0 15,000 PIMCO HIGH INCOME FUND FUND 722014107 279 19,200 SH SOLE 0 0 19,200 VAN KAMPEN TR FOR INVESTMENT FUND 920931102 181 12,123 SH SOLE 0 0 12,123 WESTERN ASSET MUN PARTNERS FD FUND 95766P108 450 33,968 SH SOLE 0 0 33,968 NETWORK EQP TECH 7.25% 5-15-14 CONV BND 641208AA1 3,294 3,566,000 PRN SOLE 0 0 3,566,000 BLACKROCK FLT RT STRATEGIES FD PFD 09255X100 281 16,500 SH SOLE 0 0 16,500 EATON VANCE LTD DURATION INC PFD 27828H105 980 59,703 SH SOLE 0 0 59,703 NUVEEN (JTP) QLTY PFD INC FUND PFD 67071S101 225 18,800 SH SOLE 0 0 18,800 NUVEEN (JPS) QLTY PFD FD 2 PFD 67072C105 266 21,300 SH SOLE 0 0 21,300 NUVEEN (JHP) QLTY PFD INC FD 3 PFD 67072W101 430 34,700 SH SOLE 0 0 34,700 NUVEEN MULTI-STRATEGY INC AND PFD 67073D102 444 36,700 SH SOLE 0 0 36,700 ROYAL BANK SCOTLAND 6.40% PFD PFD 780097796 1,731 76,500 SH SOLE 0 0 76,500 ALLIANCEBERNSTEIN INCOME FUND FUND 01881E101 137 16,650 SH SOLE 0 0 16,650 DREYFUS HIGH YIELD STRATEGIES FUND 26200S101 58 15,000 SH SOLE 0 0 15,000 DWS MULTI MKT INCOME TR FUND 23338L108 381 40,600 SH SOLE 0 0 40,600 1ST TR / 4 CORNERS SR FLOAT FD FUND 33733U108 752 46,200 SH SOLE 0 0 46,200 PUTNAM PREMIER INCOME TRUST FUND 746853100 197 31,131 SH SOLE 0 0 31,131 LIBERTY ALL-STAR GROWTH FUND FUND 529900102 85 14,690 SH SOLE 0 0 14,690 TEMPLETON DRAGON FD INC FUND 88018T101 1,797 56,850 SH SOLE 0 0 56,850 WESTERN ASSET GLBL PTNS INC FD FUND 95766G108 214 18,700 SH SOLE 0 0 18,700 ABX AIR COM 00080S101 110 15,600 SH SOLE 0 0 15,600 ACUSPHERE INC COM 00511R870 87 58,000 SH SOLE 0 0 58,000 ADAPTEC COM 00651F108 5,618 1,470,850 SH SOLE 0 0 1,470,850 AGILYSYS COM 00847J105 11,892 703,690 SH SOLE 0 0 703,690 AGRIUM INC COM 008916108 24,424 449,140 SH SOLE 0 0 449,140 ALASKA PACIFIC BANCSHARES COM 011757101 632 25,300 SH SOLE 0 0 25,300 ALBANY MOLECULAR RESEARCH COM 012423109 1,603 106,200 SH SOLE 0 0 106,200 ALESCO FINANCIAL COM 014485106 73 15,000 SH SOLE 0 0 15,000 ALLOY INC COM 019855303 115 12,275 SH SOLE 0 0 12,275 ALLTEL CORP COM 020039103 730 10,478 SH SOLE 0 0 10,478 AMERICAN AXLE & MANUFACTURING COM 024061103 9,758 386,475 SH SOLE 0 0 386,475 AMERICAN EXPRESS COM 025816109 2,926 49,290 SH SOLE 0 0 49,290 AMERICAN FINANCIAL GROUP COM 025932104 213 7,500 SH SOLE 0 0 7,500 AMERICAN INTL GROUP COM 026874107 15,017 221,987 SH SOLE 0 0 221,987 AMERICAN SOFTWARE COM 029683109 145 15,800 SH SOLE 0 0 15,800 AMERISERV FINANCIAL COM 03074A102 55 16,762 SH SOLE 0 0 16,762 AMGEN INC COM 031162100 274 4,860 SH SOLE 0 0 4,860 APPLE COMPUTER COM 037833100 353 2,300 SH SOLE 0 0 2,300 APPLIED MATERIALS COM 038222105 3,593 173,605 SH SOLE 0 0 173,605 APRIA HEALTH GROUP COM 037933108 232 8,950 SH SOLE 0 0 8,950 ASYST TECHNOLOGIES COM 04648X107 577 109,235 SH SOLE 0 0 109,235 AT&T INC COM 00206R102 1,623 38,369 SH SOLE 0 0 38,369 AUTOMATIC DATA PROCESSING COM 053015103 443 9,655 SH SOLE 0 0 9,655 AVX COM 002444107 10,320 641,035 SH SOLE 0 0 641,035 BANK OF AMERICA COM 060505104 1,929 38,389 SH SOLE 0 0 38,389 BANK OF NEW YORK COM 064058100 1,250 28,328 SH SOLE 0 0 28,328 BAR HARBOR BANKSHARES COM 066849100 6,623 211,950 SH SOLE 0 0 211,950 BARNES & NOBLE COM 067774109 257 7,300 SH SOLE 0 0 7,300 BARR PHARMACEUTICALS COM 068306109 3,744 65,800 SH SOLE 0 0 65,800 BEAR STEARNS COMPANIES COM 073902108 614 5,000 SH SOLE 0 0 5,000 BEBE STORES COM 075571109 1,024 70,000 SH SOLE 0 0 70,000 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 9/30/2007 - 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 BENCHMARK ELECTRONICS COM 08160H101 929 38,950 SH SOLE 0 0 38,950 BERKSHIRE BANCORP COM 084597202 1,422 87,270 SH SOLE 0 0 87,270 BERKSHIRE HATHAWAY A SHARES COM 084670108 2,370 20 SH SOLE 0 0 20 BERKSHIRE HATHAWAY B SHARES COM 084670207 8,540 2,161 SH SOLE 0 0 2,161 BLACK BOX COM 091826107 213 5,000 SH SOLE 0 0 5,000 BNCCORP INC COM 055936108 353 20,500 SH SOLE 0 0 20,500 BOMBAY STORES COM 097924104 1 10,200 SH SOLE 0 0 10,200 BOSTON PRIVATE FINANCIAL HLDGS COM 101119105 888 31,900 SH SOLE 0 0 31,900 BORLAND SOFTWARE COM 099849101 2,090 480,650 SH SOLE 0 0 480,650 BP PLC COM 055622104 1,793 25,862 SH SOLE 0 0 25,862 BRESLER & REINER COM 107336109 833 22,800 SH SOLE 0 0 22,800 BRIGGS & STRATTON CORP COM 109043109 425 16,900 SH SOLE 0 0 16,900 BRISTOL-MYERS SQUIBB COM 110122108 584 20,269 SH SOLE 0 0 20,269 BROOKS AUTOMATION COM 114340102 4,042 283,900 SH SOLE 0 0 283,900 CABELA'S INC COM 126804301 6,691 282,925 SH SOLE 0 0 282,925 CALAMP CORP COM 128126109 1,302 377,606 SH SOLE 0 0 377,606 CALIFORNIA PIZZA KITCHEN COM 13054D109 3,972 226,075 SH SOLE 0 0 226,075 CARLISLE COMPANIES COM 142339100 281 5,800 SH SOLE 0 0 5,800 CARNIVAL CRUISE LINES COM 143658300 698 14,430 SH SOLE 0 0 14,430 CARRIAGE SERVICES COM 143905107 516 63,200 SH SOLE 0 0 63,200 CBRE REALTY FINANCE COM 12498B307 425 72,200 SH SOLE 0 0 72,200 CBS CLASS B COM 124857202 787 25,000 SH SOLE 0 0 25,000 CENTENNIAL BANK HOLDINGS COM 151345303 310 48,500 SH SOLE 0 0 48,500 CENTRUE FINANCIAL COM 15643B106 332 16,600 SH SOLE 0 0 16,600 CHARLOTTE RUSSE HOLDING COM 161048103 4,966 339,260 SH SOLE 0 0 339,260 CHARMING SHOPPES COM 161133103 7,942 945,500 SH SOLE 0 0 945,500 CHEMICAL FINANCIAL COM 163731102 520 21,460 SH SOLE 0 0 21,460 CHESAPEAKE ENERGY COM 165167107 1,607 45,600 SH SOLE 0 0 45,600 CHEVRON CORP COM 166764100 3,896 41,640 SH SOLE 0 0 41,640 CHICOS FAS COM 168615102 8,579 610,650 SH SOLE 0 0 610,650 CHRISTOPHER BANKS COM 171046105 1,340 110,600 SH SOLE 0 0 110,600 CIMAREX ENERGY COM 171798101 1,275 34,250 SH SOLE 0 0 34,250 CISCO SYSTEMS COM 17275R102 909 27,447 SH SOLE 0 0 27,447 CITADEL BROADCASTING COM 17285T106 58 14,012 SH SOLE 0 0 14,012 CITIGROUP COM 172967101 9,865 211,385 SH SOLE 0 0 211,385 CITIZENS BANKING COM 174420109 241 15,000 SH SOLE 0 0 15,000 CMGI INC COM 125750109 577 424,800 SH SOLE 0 0 424,800 COCA-COLA COM 191216100 392 6,830 SH SOLE 0 0 6,830 COHERENT INC COM 192479103 795 24,800 SH SOLE 0 0 24,800 COLGATE PALMOLIVE COM 194162103 3,609 50,605 SH SOLE 0 0 50,605 COLUMBIA FINANCIAL COM 197642101 201 12,800 SH SOLE 0 0 12,800 COMMERCE GROUP COM 200641108 10,703 363,200 SH SOLE 0 0 363,200 COMMUNITY BANK SYSTEMS COM 203607106 382 19,600 SH SOLE 0 0 19,600 CONCORD CAMERA NEW COM 206156200 97 31,880 SH SOLE 0 0 31,880 CONOCOPHILLIPS COM 20825C104 498 5,676 SH SOLE 0 0 5,676 CONSOLIDATED TOMOKA LAND COM 210226106 336 5,000 SH SOLE 0 0 5,000 COOLBRANDS INTERNATIONAL COM 21639P307 232 242,000 SH SOLE 0 0 242,000 CORNING COM 219350105 439 17,833 SH SOLE 0 0 17,833 COSTCO WHOLESALE COM 22160K105 644 10,500 SH SOLE 0 0 10,500 CRAWFORD & CO COM 224633107 1,501 236,100 SH SOLE 0 0 236,100 CREDENCE SYSTEMS COM 225302108 2,243 726,070 SH SOLE 0 0 726,070 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 9/30/2007 - 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 DELL INC COM 24702R101 879 31,865 SH SOLE 0 0 31,865 DESIGN WITHIN REACH COM 250557105 142 30,000 SH SOLE 0 0 30,000 DIGIMARC CORP COM 253807101 383 42,500 SH SOLE 0 0 42,500 DISCOVERY HOLDING CLASS A COM 25468Y107 268 9,291 SH SOLE 0 0 9,291 DISNEY WALT COM 254687106 6,364 185,075 SH SOLE 0 0 185,075 DONEGAL GROUP COM 257701201 8,148 503,600 SH SOLE 0 0 503,600 DOT HILL SYSTEMS COM 25848T109 760 251,100 SH SOLE 0 0 251,100 DOVER CORP COM 260003108 5,348 104,975 SH SOLE 0 0 104,975 DOW CHEMICAL COM 260543103 9,983 231,840 SH SOLE 0 0 231,840 DRESS BARN COM 261570105 2,806 165,000 SH SOLE 0 0 165,000 D R HORTON COM 23331A109 4,310 336,480 SH SOLE 0 0 336,480 DRUGSTORE.COM COM 262241102 949 293,200 SH SOLE 0 0 293,200 DUPONT COM 263534109 20,687 417,425 SH SOLE 0 0 417,425 EBAY COM 278642103 241 6,200 SH SOLE 0 0 6,200 EL PASO CORPORATION COM 28336L109 692 40,800 SH SOLE 0 0 40,800 EMERSON ELECTRIC COM 291011104 266 5,000 SH SOLE 0 0 5,000 ENERGY TRANSFER PARTNERS COM 29273R109 234 4,800 SH SOLE 0 0 4,800 ENZO BIOCHEM COM 294100102 560 49,355 SH SOLE 0 0 49,355 EPLUS INC COM 294268107 88 10,000 SH SOLE 0 0 10,000 ESPEED INC COM 296643109 904 106,000 SH SOLE 0 0 106,000 ETHAN ALLEN INTERIORS COM 297602104 12,097 370,080 SH SOLE 0 0 370,080 EUROPEAN EQUITY FUND COM 298768102 3,868 296,675 SH SOLE 0 0 296,675 EXCAPSA SOFTWARE COM 30066E107 6 38,000 SH SOLE 0 0 38,000 EXTREME NETWORKS COM 30226D106 76 20,000 SH SOLE 0 0 20,000 EXXON MOBIL COM 30231G102 31,429 339,557 SH SOLE 0 0 339,557 FASTENAL COM 311900104 1,235 27,200 SH SOLE 0 0 27,200 FEDERAL SIGNAL COM 313855108 10,180 662,810 SH SOLE 0 0 662,810 FIFTH THIRD BANCORP COM 316773100 7,046 207,970 SH SOLE 0 0 207,970 FINISH LINE CL A COM 317923100 55 12,900 SH SOLE 0 0 12,900 FIRST ALBANY COMPANIES COM 318465101 19 11,600 SH SOLE 0 0 11,600 FIRST BANK OF DELAWARE COM 319307104 357 140,047 SH SOLE 0 0 140,047 FIRST HORIZON NATIONAL COM 320517105 586 22,000 SH SOLE 0 0 22,000 FIRST NATIONAL BANK ALASKA COM 32112J106 4,688 2,287 SH SOLE 0 0 2,287 FIRST NIAGARA FINANCIAL COM 33582V108 141 10,000 SH SOLE 0 0 10,000 FIRST CITIZENS BANCORP SC COM 319460101 2,338 3,480 SH SOLE 0 0 3,480 FLEXIINTERNATIONAL SOFTWARE COM 338923105 30 75,000 SH SOLE 0 0 75,000 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 13,782 1,232,789 SH SOLE 0 0 1,232,789 FORD MOTOR CO COM 345370860 137 16,193 SH SOLE 0 0 16,193 FRANKLIN BANK COM 352451108 633 68,900 SH SOLE 0 0 68,900 FREDS INC COM 356108100 421 40,000 SH SOLE 0 0 40,000 FRIEDMAN INDUSTRIES COM 358435105 732 82,800 SH SOLE 0 0 82,800 GENERAL ELECTRIC COM 369604103 62,375 1,506,647 SH SOLE 0 0 1,506,647 GENESIS MICROCHIP COM 37184C103 409 52,200 SH SOLE 0 0 52,200 GERON CORP COM 374163103 764 104,400 SH SOLE 0 0 104,400 GIGA TRONICS COM 375175106 33 15,700 SH SOLE 0 0 15,700 GLATFELTER COM 377316104 443 29,900 SH SOLE 0 0 29,900 GLAXO SMITHKLINE PLC COM 37733W105 268 5,055 SH SOLE 0 0 5,055 GLOBAL AIRCRAFT SOLUTIONS COM 378964100 21 30,000 SH SOLE 0 0 30,000 GOLFSMITH INTL COM 38168Y103 591 84,500 SH SOLE 0 0 84,500 GRAND BANKS ENERGY COM 38522T105 11 10,000 SH SOLE 0 0 10,000 GREATER CHINA FUND COM 39167B102 719 17,633 SH SOLE 0 0 17,633 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 9/30/2007 - 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 GSI GROUP COM 36229U102 180 16,000 SH SOLE 0 0 16,000 HARRIS & HARRIS GROUP COM 413833104 1,074 101,000 SH SOLE 0 0 101,000 HEALTH FITNESS COM 42217V102 456 144,500 SH SOLE 0 0 144,500 HELEN OF TROY LTD BERMUDA COM G4388N106 434 22,500 SH SOLE 0 0 22,500 HEWLETT PACKARD COM 428236103 15,104 303,362 SH SOLE 0 0 303,362 HOME DEPOT COM 437076102 796 24,546 SH SOLE 0 0 24,546 HOOPER HOLMES COM 439104100 1,091 462,300 SH SOLE 0 0 462,300 HORNBECK OFFSHORE SERVICES COM 440543106 2,840 77,390 SH SOLE 0 0 77,390 H3 ENTERPRISES COM 404369100 1 13,000 SH SOLE 0 0 13,000 HUDSON HOLDING COM 443793104 9 20,000 SH SOLE 0 0 20,000 HUMAN GENOME SCIENCES COM 444903108 226 22,002 SH SOLE 0 0 22,002 IMMERSION CORP COM 452521107 171 10,500 SH SOLE 0 0 10,500 IMMUCELL CORP NEW COM 452525306 43 10,000 SH SOLE 0 0 10,000 INFOSONICS CORP COM 456784107 405 186,700 SH SOLE 0 0 186,700 INTEL COM 458140100 35,276 1,364,122 SH SOLE 0 0 1,364,122 INTERPUBLIC GROUP OF COMPANIES COM 460690100 145 14,000 SH SOLE 0 0 14,000 INTL BUSINESS MACHINES COM 459200101 18,197 154,481 SH SOLE 0 0 154,481 INTL COAL GROUP COM 45928H106 1,402 315,845 SH SOLE 0 0 315,845 INTL FRONTIER RESOURCES COM 459976106 16 25,000 SH SOLE 0 0 25,000 INTL PAPER COM 460146103 33,943 946,291 SH SOLE 0 0 946,291 INTL RECTIFIER COM 460254105 21,056 638,275 SH SOLE 0 0 638,275 INVACARE CORP COM 461203101 2,227 95,280 SH SOLE 0 0 95,280 JAPAN EQUITY FUND COM 471057109 8,230 1,030,100 SH SOLE 0 0 1,030,100 JAPAN SMALLER CAP FUND COM 47109U104 3,914 377,075 SH SOLE 0 0 377,075 JETBLUE AIRWAYS COM 477143101 119 13,000 SH SOLE 0 0 13,000 JOHNSON & JOHNSON COM 478160104 18,730 285,097 SH SOLE 0 0 285,097 JOY GLOBAL COM 481165108 1,590 31,280 SH SOLE 0 0 31,280 KADANT COM 48282T104 11,321 404,330 SH SOLE 0 0 404,330 KEMET CORP COM 488360108 6,166 839,000 SH SOLE 0 0 839,000 KIMBERLY-CLARK COM 494368103 803 11,440 SH SOLE 0 0 11,440 KINDRED HEALTHCARE COM 494580103 385 21,500 SH SOLE 0 0 21,500 KOHLS COM 500255104 470 8,200 SH SOLE 0 0 8,200 KRATOS DEFENSE & SECURITY COM 50077B108 1,193 435,600 SH SOLE 0 0 435,600 KYOCERA CORP ADR COM 501556203 6,739 72,320 SH SOLE 0 0 72,320 LA BARGE INC COM 502470107 158 13,200 SH SOLE 0 0 13,200 LAKELAND INDUSTRIES COM 511795106 187 15,697 SH SOLE 0 0 15,697 LATTICE INCORPORATED COM 518414107 18 45,485 SH SOLE 0 0 45,485 LECROY CORP COM 52324W109 74 10,000 SH SOLE 0 0 10,000 LEXINGTON PROPERTY TRUST COM 529043101 1,095 54,750 SH SOLE 0 0 54,750 LIBERTY MEDIA HLDG CAPITAL A COM 53071M302 1,064 8,526 SH SOLE 0 0 8,526 LIBERTY GLOBAL A COM 530555101 348 8,508 SH SOLE 0 0 8,508 LIBERTY MEDIA HLDG INTRACTVE A COM 53071M104 1,497 77,947 SH SOLE 0 0 77,947 LOWES COMPANIES COM 548661107 206 7,378 SH SOLE 0 0 7,378 LSI CORPORATION COM 502161102 3,168 426,986 SH SOLE 0 0 426,986 M & T BANK COM 55261F104 10,212 98,721 SH SOLE 0 0 98,721 MAGELLAN PETROLEUM COM 559091301 11 10,000 SH SOLE 0 0 10,000 MANHATTAN PHARMACEUTICALS COM 563118207 2 10,000 SH SOLE 0 0 10,000 MARRIOTT INTERNATIONAL COM 571903202 443 10,200 SH SOLE 0 0 10,200 MARSH & MCLENNAN COM 571748102 456 17,900 SH SOLE 0 0 17,900 MEADOWBROOK INSURANCE GROUP COM 58319P108 435 48,300 SH SOLE 0 0 48,300 MEDTRONIC COM 585055106 381 6,761 SH SOLE 0 0 6,761 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 9/30/2007 - 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 MERCK & CO COM 589331107 1,079 20,875 SH SOLE 0 0 20,875 MEREDITH CORP COM 589433101 6,108 106,605 SH SOLE 0 0 106,605 MERITOR SAVINGS BANK COM 590007100 6,389 1,521,300 SH SOLE 0 0 1,521,300 MERRILL LYNCH COM 590188108 9,420 132,163 SH SOLE 0 0 132,163 META FINANCIAL GROUP COM 59100U108 278 6,992 SH SOLE 0 0 6,992 METLIFE COM 59156R108 16,454 235,975 SH SOLE 0 0 235,975 MICROSOFT COM 594918104 669 22,733 SH SOLE 0 0 22,733 MONACO COACH COM 60886R103 13,072 931,725 SH SOLE 0 0 931,725 MONMOUTH REAL ESTATE INVT CORP COM 609720107 317 37,750 SH SOLE 0 0 37,750 JPMORGAN CHASE & CO COM 46625H100 22,798 497,558 SH SOLE 0 0 497,558 MORGAN STANLEY ASIA PACIFIC FD COM 61744U106 822 36,600 SH SOLE 0 0 36,600 MUELLER WATER PRODUCTS COM 624758108 1,148 92,700 SH SOLE 0 0 92,700 MYLAN LABORATORIES COM 628530107 18,400 1,152,910 SH SOLE 0 0 1,152,910 NAM TAI ELECTRONICS COM 629865205 1,040 82,700 SH SOLE 0 0 82,700 NANOPHASE TECHNOLOGIES COM 630079101 78 11,800 SH SOLE 0 0 11,800 NATURES SUNSHINE PRODUCTS COM 639027101 272 22,000 SH SOLE 0 0 22,000 NATIONAL WESTERN LIFE INSUR COM 638522102 14,393 56,233 SH SOLE 0 0 56,233 NAUTILUS GROUP COM 63910B102 101 12,775 SH SOLE 0 0 12,775 NAVARRE CORP COM 639208107 596 158,700 SH SOLE 0 0 158,700 NEOMAGIC CORP COM 640497202 900 221,240 SH SOLE 0 0 221,240 NESTLE SA ADR COM 641069406 464 4,150 SH SOLE 0 0 4,150 NEWALLIANCE BANCSHARES COM 650203102 262 17,900 SH SOLE 0 0 17,900 NEWCASTLE INVESTMENT COM 65105M108 1,073 60,900 SH SOLE 0 0 60,900 NEWPORT CORP COM 651824104 6,811 447,225 SH SOLE 0 0 447,225 NYSE EURONEXT COM 629491101 2,375 30,009 SH SOLE 0 0 30,009 OFFICE DEPOT COM 676220106 1,024 49,700 SH SOLE 0 0 49,700 OLD REPUBLIC COM 680223104 1,558 83,186 SH SOLE 0 0 83,186 ON ASSIGNMENT COM 682159108 461 49,400 SH SOLE 0 0 49,400 ONE BEACON INSURANCE LTD COM G67742109 5,447 252,800 SH SOLE 0 0 252,800 PAMRAPO BANCORP COM 697738102 655 34,500 SH SOLE 0 0 34,500 PCTEL COM 69325Q105 182 24,100 SH SOLE 0 0 24,100 PDI INC COM 69329V100 1,448 139,500 SH SOLE 0 0 139,500 PEPSICO INC COM 713448108 2,209 30,153 SH SOLE 0 0 30,153 PETROLEUM DEVELOPMENT COM 716578109 221 5,000 SH SOLE 0 0 5,000 PEYTO ENERGY TRUST COM 717045108 187 10,500 SH SOLE 0 0 10,500 PFIZER INC COM 717081103 14,717 602,429 SH SOLE 0 0 602,429 PHILIPS ELECTRONICS COM 500472303 214 4,784 SH SOLE 0 0 4,784 PHOENIX TECHNOLOGIES LTD COM 719153108 133 12,500 SH SOLE 0 0 12,500 PIPER JAFFRAY COM 724078100 568 10,600 SH SOLE 0 0 10,600 PLANAR SYSTEMS COM 726900103 3,208 478,100 SH SOLE 0 0 478,100 PMA CAPITAL CL A COM 693419202 133 14,000 SH SOLE 0 0 14,000 PNC FINANCIAL SERVICES GROUP COM 693475105 852 12,525 SH SOLE 0 0 12,525 POPE & TALBOT COM 732827100 5 18,000 SH SOLE 0 0 18,000 POWERSHARES QQQ TRUST SERIES 1 COM 73935A104 468 9,105 SH SOLE 0 0 9,105 PRIMEENERGY CORP COM 74158E104 680 11,990 SH SOLE 0 0 11,990 PROCTER & GAMBLE COM 742718109 275 3,916 SH SOLE 0 0 3,916 QUADRA REALTY TRUST COM 746945104 524 55,000 SH SOLE 0 0 55,000 QUALCOMM COM 747525103 997 23,600 SH SOLE 0 0 23,600 QUANTA CAPITAL HOLDINGS COM G7313F106 67 25,000 SH SOLE 0 0 25,000 REGAL-BELOIT COM 758750103 5,172 108,000 SH SOLE 0 0 108,000 REGENERON PHARMACEUTICALS COM 75886F107 194 10,900 SH SOLE 0 0 10,900 Shufro, Rose & CO LLC Page: 6 Form 13F Information Table As of Date: 9/30/2007 - 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 RELIANT ENERGY COM 75952B105 307 12,000 SH SOLE 0 0 12,000 REPUBLIC FIRST BANCORP COM 760416107 485 60,646 SH SOLE 0 0 60,646 RICHARDSON ELECTRONICS COM 763165107 181 26,524 SH SOLE 0 0 26,524 ROYAL DUTCH SHELL PLC ADR A COM 780259206 547 6,660 SH SOLE 0 0 6,660 SAFECO COM 786429100 275 4,500 SH SOLE 0 0 4,500 ST JOE CO COM 790148100 248 7,400 SH SOLE 0 0 7,400 SAKS INC COM 79377W108 5,724 333,796 SH SOLE 0 0 333,796 SALISBURY BANCORP COM 795226109 2,493 74,200 SH SOLE 0 0 74,200 SANOFI AVENTIS COM 80105N105 492 11,600 SH SOLE 0 0 11,600 SAPIENT COM 803062108 751 112,000 SH SOLE 0 0 112,000 SCHEIN (HENRY) COM 806407102 1,746 28,700 SH SOLE 0 0 28,700 SCHLUMBERGER LTD COM 806857108 559 5,328 SH SOLE 0 0 5,328 SCHMITT INDUSTRIES COM 806870200 970 135,700 SH SOLE 0 0 135,700 SEABOARD CORP COM 811543107 607 310 SH SOLE 0 0 310 SE FINANCIAL COM 78412R108 564 52,470 SH SOLE 0 0 52,470 SEMCO ENERGY COM 78412D109 78 10,000 SH SOLE 0 0 10,000 SENECA FOODS NEW COM 817070501 605 22,900 SH SOLE 0 0 22,900 SILICON IMAGE COM 82705T102 357 69,500 SH SOLE 0 0 69,500 SILICON STORAGE TECHNOLOGY COM 827057100 330 102,600 SH SOLE 0 0 102,600 SIMPSON MANUFACTURING COM 829073105 4,972 156,135 SH SOLE 0 0 156,135 SONOSITE COM 83568G104 9,517 311,845 SH SOLE 0 0 311,845 SOUTHWEST AIRLINES COM 844741108 189 12,788 SH SOLE 0 0 12,788 SPANISH BROADCASTING SYSTEM A COM 846425882 109 42,400 SH SOLE 0 0 42,400 SPANSION INC COM 84649R101 312 36,950 SH SOLE 0 0 36,950 STATE STREET COM 857477103 8,470 124,268 SH SOLE 0 0 124,268 STONERIDGE COM 86183P102 2,037 199,800 SH SOLE 0 0 199,800 STRATTEC SECURITY COM 863111100 4,766 101,570 SH SOLE 0 0 101,570 SUPERIOR INDUSTRIES INTL COM 868168105 3,068 141,470 SH SOLE 0 0 141,470 SWISS HELVETIA FUND COM 870875101 11,065 612,022 SH SOLE 0 0 612,022 SYMMETRICOM INC COM 871543104 1,011 215,300 SH SOLE 0 0 215,300 TARGET CORP COM 87612E106 1,072 16,864 SH SOLE 0 0 16,864 TASTY BAKING COM 876553306 391 38,800 SH SOLE 0 0 38,800 TELLABS COM 879664100 1,065 111,950 SH SOLE 0 0 111,950 TERADYNE COM 880770102 11,462 830,585 SH SOLE 0 0 830,585 TEXAS INSTRUMENTS COM 882508104 642 17,550 SH SOLE 0 0 17,550 THERMO FISHER SCIENTIFIC COM 883556102 5,042 87,360 SH SOLE 0 0 87,360 TIME WARNER COM 887317105 2,789 151,942 SH SOLE 0 0 151,942 TRANSATLANTIC HOLDINGS COM 893521104 462 6,570 SH SOLE 0 0 6,570 TRANSWITCH CORP COM 894065101 84 60,000 SH SOLE 0 0 60,000 TRINITY INDUSTRIES COM 896522109 701 18,700 SH SOLE 0 0 18,700 UNITED CAPITAL COM 909912107 522 19,700 SH SOLE 0 0 19,700 UNITED PARCEL SERVICE COM 911312106 24,165 321,778 SH SOLE 0 0 321,778 USEC INC COM 90333E108 266 26,000 SH SOLE 0 0 26,000 US GYPSUM COM 903293405 9,425 251,000 SH SOLE 0 0 251,000 UTSTARCOM INC COM 918076100 1,441 393,740 SH SOLE 0 0 393,740 VALENCE TECH COM 918914102 362 257,100 SH SOLE 0 0 257,100 VARIAN INC COM 922206107 317 4,999 SH SOLE 0 0 4,999 VERIZON COMMUNICATIONS COM 92343V104 236 5,351 SH SOLE 0 0 5,351 VIACOM CLASS B COM 92553P201 374 9,616 SH SOLE 0 0 9,616 VISHAY INTERTECHNOLOGY COM 928298108 200 15,400 SH SOLE 0 0 15,400 VITESSE SEMICONDUCTOR COM 928497106 1,221 1,272,353 SH SOLE 0 0 1,272,353 Shufro, Rose & CO LLC Page: 7 Form 13F Information Table As of Date: 9/30/2007 - 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 VODAFONE GROUP PLC NEW COM 92857W209 753 20,750 SH SOLE 0 0 20,750 WAL-MART STORES COM 931142103 25,003 572,811 SH SOLE 0 0 572,811 WASHINGTON POST COM 939640108 1,488 1,854 SH SOLE 0 0 1,854 WATSON PHARMACEUTICALS COM 942683103 14,218 438,855 SH SOLE 0 0 438,855 WESTERN UNION COM 959802109 532 25,400 SH SOLE 0 0 25,400 WESTLAKE CHEMICAL COM 960413102 10,911 430,785 SH SOLE 0 0 430,785 WHIRLPOOL CORP COM 963320106 2,975 33,400 SH SOLE 0 0 33,400 WILLOW FINANCIAL BANCORP COM 97111W101 729 58,700 SH SOLE 0 0 58,700 WILSONS LEATHER EXPERTS COM 972463103 120 70,300 SH SOLE 0 0 70,300 WRIGLEY WILLIAM JR COM 982526105 5,595 87,115 SH SOLE 0 0 87,115 WYETH COM 983024100 963 21,632 SH SOLE 0 0 21,632 3COM COM 885535104 1,299 263,000 SH SOLE 0 0 263,000 3M COMPANY COM 88579Y101 35,520 379,572 SH SOLE 0 0 379,572 Line Count: 319