13F-HR 1 shufrorose06302009.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, 2009 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 6, 2009 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: 06/30/09 RUN DATE: 8/06/09 04:17 P.M. NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 243 FORM 13F INFORMATION TABLE VALUE TOTAL: $534,456,428.63 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 6/30/2009 - 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 MUNIHOLDINGS NY INSD FUND 09255C106 131 11,500 SH SOLE 0 0 11,500 BLACKROCK MUNIYIELD NY INSD FD FUND 09255E102 235 22,000 SH SOLE 0 0 22,000 VAN KAMPEN TR FOR INVESTMENT FUND 920931102 138 11,573 SH SOLE 0 0 11,573 VAN KAMPEN TR FOR INVESTMENT FUND 920929106 241 20,680 SH SOLE 0 0 20,680 WESTERN ASSET MUN PARTNERS FD FUND 95766P108 239 19,841 SH SOLE 0 0 19,841 NETWORK EQP TECH 7.25% 5-15-14 CONV BND 641208AA1 2,984 3,401,000 PRN SOLE 0 0 3,401,000 NUVEEN (JTP) QLTY PFD INC FUND PFD 67071S101 92 16,800 SH SOLE 0 0 16,800 NUVEEN (JHP) QLTY PFD INC FD 3 PFD 67072W101 121 20,350 SH SOLE 0 0 20,350 NUVEEN MULTI-STRATEGY INCOME & PFD 67073B106 56 10,000 SH SOLE 0 0 10,000 NUVEEN MULTI-STRATEGY INC AND PFD 67073D102 105 18,300 SH SOLE 0 0 18,300 ROYAL BANK SCOTLAND 6.40% PFD PFD 780097796 757 67,700 SH SOLE 0 0 67,700 BLACKROCK FLT RT STRATEGIES FD FUND 09255X100 500 45,800 SH SOLE 0 0 45,800 DREYFUS HIGH YIELD STRATEGIES FUND 26200S101 45 15,000 SH SOLE 0 0 15,000 DWS MULTI MKT INCOME TR FUND 23338L108 307 44,200 SH SOLE 0 0 44,200 EATON VANCE LTD DURATION INC FUND 27828H105 596 46,603 SH SOLE 0 0 46,603 1ST TR / 4 CORNERS SR FLOAT FD FUND 33733U108 365 37,200 SH SOLE 0 0 37,200 PUTNAM PREMIER INCOME TRUST FUND 746853100 94 18,920 SH SOLE 0 0 18,920 COHEN STEERS REIT & UTIL FND FUND 19247Y108 128 18,000 SH SOLE 0 0 18,000 WESTERN ASSET GLBL PTNS INC FD FUND 95766G108 182 19,700 SH SOLE 0 0 19,700 ACUSPHERE INC COM 00511R870 2 21,000 SH SOLE 0 0 21,000 ADAPTEC COM 00651F108 274 103,400 SH SOLE 0 0 103,400 AGILYSYS COM 00847J105 4,185 894,420 SH SOLE 0 0 894,420 AGRIUM INC COM 008916108 7,252 181,825 SH SOLE 0 0 181,825 AIRTRAN HOLDINGS COM 00949P108 61 10,000 SH SOLE 0 0 10,000 ALASKA PACIFIC BANCSHARES COM 011757101 93 23,050 SH SOLE 0 0 23,050 AMERICAN EAGLE OUTFITTERS COM 02553E106 215 15,200 SH SOLE 0 0 15,200 AMERICAN EXPRESS COM 025816109 954 41,090 SH SOLE 0 0 41,090 AMERICAN INTL GROUP COM 026874107 67 58,000 SH SOLE 0 0 58,000 AMERICAN SOFTWARE COM 029683109 147 25,550 SH SOLE 0 0 25,550 APPLE COMPUTER COM 037833100 263 1,847 SH SOLE 0 0 1,847 APPLIED MATERIALS COM 038222105 1,616 147,387 SH SOLE 0 0 147,387 AT&T INC COM 00206R102 903 36,353 SH SOLE 0 0 36,353 AUTOMATIC DATA PROCESSING COM 053015103 303 8,555 SH SOLE 0 0 8,555 AVX COM 002444107 6,957 700,640 SH SOLE 0 0 700,640 BAFFINLAND IRON MINES COM 056620107 3 10,000 SH SOLE 0 0 10,000 BANK OF AMERICA COM 060505104 1,306 99,003 SH SOLE 0 0 99,003 BANK OF NEW YORK COM 064058100 730 24,928 SH SOLE 0 0 24,928 BAR HARBOR BANKSHARES COM 066849100 6,797 220,350 SH SOLE 0 0 220,350 BARNES & NOBLE COM 067774109 1,838 89,123 SH SOLE 0 0 89,123 BERKSHIRE BANCORP COM 084597202 442 75,570 SH SOLE 0 0 75,570 BERKSHIRE HATHAWAY A SHARES COM 084670108 1,080 12 SH SOLE 0 0 12 BERKSHIRE HATHAWAY B SHARES COM 084670207 5,820 2,010 SH SOLE 0 0 2,010 BNCCORP INC COM 055936108 89 12,500 SH SOLE 0 0 12,500 BOSTON PRIVATE FINANCIAL HLDGS COM 101119105 84 18,900 SH SOLE 0 0 18,900 BORLAND SOFTWARE COM 099849101 33 26,100 SH SOLE 0 0 26,100 BP PLC COM 055622104 1,142 23,965 SH SOLE 0 0 23,965 BRESLER & REINER COM 107336109 101 20,100 SH SOLE 0 0 20,100 BRISTOL-MYERS SQUIBB COM 110122108 412 20,319 SH SOLE 0 0 20,319 BROADPOINT GLEACHER SECS GROUP COM 11134A103 64 11,600 SH SOLE 0 0 11,600 BROOKS AUTOMATION COM 114340102 278 62,100 SH SOLE 0 0 62,100 BROWN SHOE COMPANY COM 115736100 1,944 268,600 SH SOLE 0 0 268,600 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 6/30/2009 - 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 CABELA'S INC COM 126804301 1,049 85,355 SH SOLE 0 0 85,355 CALAMP CORP COM 128126109 14 17,700 SH SOLE 0 0 17,700 CARNIVAL CRUISE LINES COM 143658300 295 11,450 SH SOLE 0 0 11,450 CARRIAGE SERVICES COM 143905107 188 52,750 SH SOLE 0 0 52,750 CBS CLASS B COM 124857202 75 10,900 SH SOLE 0 0 10,900 CENTRUE FINANCIAL COM 15643B106 50 11,300 SH SOLE 0 0 11,300 CHESAPEAKE ENERGY COM 165167107 587 29,650 SH SOLE 0 0 29,650 CHEVRON CORP COM 166764100 2,828 42,689 SH SOLE 0 0 42,689 CHICOS FAS COM 168615102 10,313 1,059,925 SH SOLE 0 0 1,059,925 CHRISTOPHER & BANKS COM 171046105 234 34,900 SH SOLE 0 0 34,900 CIMAREX ENERGY COM 171798101 259 9,150 SH SOLE 0 0 9,150 CISCO SYSTEMS COM 17275R102 624 33,491 SH SOLE 0 0 33,491 CITADEL BROADCASTING COM 17285T106 0 12,588 SH SOLE 0 0 12,588 CITIGROUP COM 172967101 627 211,211 SH SOLE 0 0 211,211 COMCAST NEW CLASS A COM 20030N101 290 20,019 SH SOLE 0 0 20,019 COMMERCIAL METALS COM 201723103 219 13,700 SH SOLE 0 0 13,700 CONOCOPHILLIPS COM 20825C104 393 9,363 SH SOLE 0 0 9,363 COOLBRANDS INTERNATIONAL COM 21639P307 94 160,000 SH SOLE 0 0 160,000 CORNING COM 219350105 310 19,333 SH SOLE 0 0 19,333 COSTCO WHOLESALE COM 22160K105 402 8,800 SH SOLE 0 0 8,800 CRAFT BREWERS ALLIANCE COM 224122101 20 10,000 SH SOLE 0 0 10,000 DELL INC COM 24702R101 334 24,375 SH SOLE 0 0 24,375 DISNEY WALT COM 254687106 3,977 170,478 SH SOLE 0 0 170,478 DONEGAL GROUP COM 257701201 418 27,530 SH SOLE 0 0 27,530 DOT HILL SYSTEMS COM 25848T109 45 57,050 SH SOLE 0 0 57,050 DOVER CORP COM 260003108 6,397 193,340 SH SOLE 0 0 193,340 DOW CHEMICAL COM 260543103 511 31,705 SH SOLE 0 0 31,705 DRESS BARN COM 261570105 1,877 131,300 SH SOLE 0 0 131,300 D R HORTON COM 23331A109 216 23,135 SH SOLE 0 0 23,135 DRUGSTORE.COM COM 262241102 45 25,200 SH SOLE 0 0 25,200 DUPONT COM 263534109 9,577 373,822 SH SOLE 0 0 373,822 EAGLE MATERIALS COM 26969P108 1,532 60,720 SH SOLE 0 0 60,720 EBAY COM 278642103 295 17,250 SH SOLE 0 0 17,250 EL PASO CORPORATION COM 28336L109 302 32,800 SH SOLE 0 0 32,800 ENER1 INC COM 29267A203 172 31,575 SH SOLE 0 0 31,575 ENZO BIOCHEM COM 294100102 161 36,456 SH SOLE 0 0 36,456 ETHAN ALLEN INTERIORS COM 297602104 3,924 378,855 SH SOLE 0 0 378,855 EUROPEAN EQUITY FUND COM 298768102 1,808 335,547 SH SOLE 0 0 335,547 EXCAPSA SOFTWARE COM 30066E107 2 38,000 SH SOLE 0 0 38,000 EXELON CORP COM 30161N101 5,487 107,150 SH SOLE 0 0 107,150 EXXON MOBIL COM 30231G102 20,396 291,756 SH SOLE 0 0 291,756 FEDERAL SIGNAL COM 313855108 1,805 236,065 SH SOLE 0 0 236,065 FIRST BANK OF DELAWARE COM 319307104 147 118,307 SH SOLE 0 0 118,307 FIRST CITIZENS BANCORP SC COM 319460101 1,577 4,781 SH SOLE 0 0 4,781 FIRST NATIONAL BANK ALASKA COM 32112J106 3,551 2,206 SH SOLE 0 0 2,206 FLEXIINTERNATIONAL SOFTWARE COM 338923105 6 75,000 SH SOLE 0 0 75,000 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 4,605 1,120,677 SH SOLE 0 0 1,120,677 FORD MOTOR CO COM 345370860 93 15,431 SH SOLE 0 0 15,431 FREIGHTCAR AMERICA COM 357023100 6,390 380,165 SH SOLE 0 0 380,165 FRIEDMAN INDUSTRIES COM 358435105 543 100,000 SH SOLE 0 0 100,000 FULL METAL MINERALS COM 35968C109 1 10,000 SH SOLE 0 0 10,000 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 6/30/2009 - 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 GAMESTOP CLASS A COM 36467W109 4,355 197,883 SH SOLE 0 0 197,883 GARMIN LTD COM G37260109 200 8,410 SH SOLE 0 0 8,410 GENERAL ELECTRIC COM 369604103 19,326 1,648,993 SH SOLE 0 0 1,648,993 GERON CORP COM 374163103 778 101,500 SH SOLE 0 0 101,500 GLATFELTER COM 377316104 178 20,000 SH SOLE 0 0 20,000 GREATER CHINA FUND COM 39167B102 421 38,013 SH SOLE 0 0 38,013 GUARANTY BANCORP COM 40075T102 70 36,700 SH SOLE 0 0 36,700 HARDINGE INC COM 412324303 206 48,500 SH SOLE 0 0 48,500 HARLEYSVILLE NATIONAL COM 412850109 70 14,908 SH SOLE 0 0 14,908 HARRIS & HARRIS GROUP COM 413833104 3,474 595,900 SH SOLE 0 0 595,900 HARRY WINSTON DIAMOND COM 41587B100 76 12,800 SH SOLE 0 0 12,800 HCC INSURANCE HOLDINGS COM 404132102 1,479 61,605 SH SOLE 0 0 61,605 HEALTH FITNESS CORPORATION COM 42217V201 782 126,250 SH SOLE 0 0 126,250 HECLA MINING COM 422704106 57 21,400 SH SOLE 0 0 21,400 HEWLETT PACKARD COM 428236103 12,910 334,042 SH SOLE 0 0 334,042 HOME DEPOT COM 437076102 1,012 42,868 SH SOLE 0 0 42,868 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 34 12,000 SH SOLE 0 0 12,000 ILLINOIS TOOL WORKS COM 452308109 6,183 165,590 SH SOLE 0 0 165,590 IMI PLC ORD 25P COM G47152106 617 120,000 SH SOLE 0 0 120,000 IMMUCELL CORP NEW COM 452525306 25 10,000 SH SOLE 0 0 10,000 INFOSONICS CORP COM 456784107 50 28,700 SH SOLE 0 0 28,700 INTEL COM 458140100 19,279 1,164,901 SH SOLE 0 0 1,164,901 INTL BUSINESS MACHINES COM 459200101 7,355 70,439 SH SOLE 0 0 70,439 INTL COAL GROUP COM 45928H106 658 230,085 SH SOLE 0 0 230,085 INTL FRONTIER RESOURCES COM 459976106 2 25,000 SH SOLE 0 0 25,000 INTL PAPER COM 460146103 11,824 781,521 SH SOLE 0 0 781,521 INTL RECTIFIER COM 460254105 6,911 466,705 SH SOLE 0 0 466,705 JAPAN EQUITY FUND COM 471057109 4,570 916,026 SH SOLE 0 0 916,026 JAPAN SMALLER CAP FUND COM 47109U104 3,289 447,500 SH SOLE 0 0 447,500 JETBLUE AIRWAYS COM 477143101 70 16,500 SH SOLE 0 0 16,500 JOHNSON & JOHNSON COM 478160104 15,513 273,127 SH SOLE 0 0 273,127 KADANT COM 48282T104 5,923 524,705 SH SOLE 0 0 524,705 KELLY SERVICES CL A COM 488152208 4,161 380,000 SH SOLE 0 0 380,000 KEMET CORP COM 488360108 159 332,900 SH SOLE 0 0 332,900 KIMBERLY-CLARK COM 494368103 1,137 21,700 SH SOLE 0 0 21,700 KLEGG ELECTRONICS COM 498499300 0 14,300 SH SOLE 0 0 14,300 KRATOS DEFENSE & SECURITY COM 50077B108 1,144 1,285,600 SH SOLE 0 0 1,285,600 KREISLER MANUFACTURING COM 500773106 46 11,000 SH SOLE 0 0 11,000 LAKELAND INDUSTRIES COM 511795106 2,297 280,878 SH SOLE 0 0 280,878 LATTICE INCORPORATED COM 518414107 2 32,235 SH SOLE 0 0 32,235 LEXINGTON PROPERTY TRUST COM 529043101 86 25,360 SH SOLE 0 0 25,360 LIBERTY MEDIA HLDG CAPITAL A COM 53071M302 139 10,277 SH SOLE 0 0 10,277 LIBERTY MEDIA ENTERTAINMENT A COM 53071M500 347 13,008 SH SOLE 0 0 13,008 LIBERTY MEDIA HLDG INTRACTVE A COM 53071M104 179 35,821 SH SOLE 0 0 35,821 LSI CORPORATION COM 502161102 161 35,366 SH SOLE 0 0 35,366 LTX CREDENCE COM 502403108 12 25,193 SH SOLE 0 0 25,193 M & T BANK CORP COM 55261F104 3,155 61,955 SH SOLE 0 0 61,955 MCCORMICK SCHMICKS SEAFOOD RES COM 579793100 316 41,625 SH SOLE 0 0 41,625 MEADOWBROOK INSURANCE GROUP COM 58319P108 331 50,800 SH SOLE 0 0 50,800 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 6/30/2009 - 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 MEDTRONIC COM 585055106 7,065 202,508 SH SOLE 0 0 202,508 MERCER INTERNATIONAL COM 588056101 5 10,000 SH SOLE 0 0 10,000 MERCK & CO COM 589331107 561 20,081 SH SOLE 0 0 20,081 MEREDITH CORP COM 589433101 7,848 307,200 SH SOLE 0 0 307,200 METLIFE COM 59156R108 6,857 228,520 SH SOLE 0 0 228,520 MICROSOFT COM 594918104 569 23,944 SH SOLE 0 0 23,944 MOBILE MINI COM 60740F105 6,859 467,580 SH SOLE 0 0 467,580 MONMOUTH REAL ESTATE INVT CORP COM 609720107 177 30,350 SH SOLE 0 0 30,350 JPMORGAN CHASE & CO COM 46625H100 12,454 365,122 SH SOLE 0 0 365,122 MORGAN STANLEY ASIA PACIFIC FD COM 61744U106 153 12,100 SH SOLE 0 0 12,100 MUELLER WATER PRODUCTS COM 624758108 214 57,300 SH SOLE 0 0 57,300 MYLAN INC COM 628530107 11,678 894,920 SH SOLE 0 0 894,920 NAM TAI ELECTRONICS COM 629865205 53 12,500 SH SOLE 0 0 12,500 NANOPHASE TECHNOLOGIES COM 630079101 20 19,300 SH SOLE 0 0 19,300 NATIONAL WESTERN LIFE INSUR COM 638522102 5,884 50,399 SH SOLE 0 0 50,399 NAVARRE CORP COM 639208107 47 28,400 SH SOLE 0 0 28,400 NAVIOS MARITIME COM Y62196103 103 24,400 SH SOLE 0 0 24,400 NESTLE SA ADR COM 641069406 469 12,465 SH SOLE 0 0 12,465 NETWORK EQUIPMENT TECHNOLOGIES COM 641208103 3,285 771,300 SH SOLE 0 0 771,300 NEWCASTLE INVESTMENT COM 65105M108 14 21,500 SH SOLE 0 0 21,500 NEWPORT CORP COM 651824104 4,003 691,375 SH SOLE 0 0 691,375 NOVO NORDISK ADR COM 670100205 1,123 20,625 SH SOLE 0 0 20,625 OFFICE DEPOT COM 676220106 754 165,500 SH SOLE 0 0 165,500 OLD REPUBLIC COM 680223104 757 76,925 SH SOLE 0 0 76,925 OMEGA PROTEIN COM 68210P107 479 118,200 SH SOLE 0 0 118,200 ON ASSIGNMENT COM 682159108 49 12,700 SH SOLE 0 0 12,700 ONE BEACON INSURANCE LTD COM G67742109 1,959 167,650 SH SOLE 0 0 167,650 OPNEXT INC COM 68375V105 42 20,000 SH SOLE 0 0 20,000 PACIFIC ASIA PETROLEUM COM 693864100 39 20,000 SH SOLE 0 0 20,000 PAMRAPO BANCORP COM 697738102 282 30,600 SH SOLE 0 0 30,600 PDL BIOPHARMA COM 69329Y104 79 10,000 SH SOLE 0 0 10,000 PEPSICO INC COM 713448108 1,217 22,149 SH SOLE 0 0 22,149 PFIZER INC COM 717081103 9,215 614,399 SH SOLE 0 0 614,399 PIPER JAFFRAY COM 724078100 200 4,600 SH SOLE 0 0 4,600 POWERSHARES QQQ TRUST SERIES 1 COM 73935A104 233 6,405 SH SOLE 0 0 6,405 PRIMEENERGY CORP COM 74158E104 1,013 28,300 SH SOLE 0 0 28,300 PROCTER & GAMBLE COM 742718109 233 4,575 SH SOLE 0 0 4,575 PROSHARES TRUST COM 74347R883 221 4,000 SH SOLE 0 0 4,000 PROSHARES TR ULTRA FINANCIALS COM 74347R743 54 14,095 SH SOLE 0 0 14,095 PROSPECT CAPITAL COM 74348T102 1,116 121,400 SH SOLE 0 0 121,400 QUALCOMM COM 747525103 1,062 23,500 SH SOLE 0 0 23,500 RAMCO GERSHENSON PROPERTIES TR COM 751452202 479 47,900 SH SOLE 0 0 47,900 REGAL-BELOIT COM 758750103 4,406 110,950 SH SOLE 0 0 110,950 ROCKWELL AUTOMATION COM 773903109 9,658 300,695 SH SOLE 0 0 300,695 ROFIN SINAR TECHNOLOGIES COM 775043102 775 38,760 SH SOLE 0 0 38,760 ROYAL DUTCH SHELL PLC ADR A COM 780259206 346 6,910 SH SOLE 0 0 6,910 ST JOE CO COM 790148100 206 7,780 SH SOLE 0 0 7,780 SAKS INC COM 79377W108 1,008 227,671 SH SOLE 0 0 227,671 SALISBURY BANCORP COM 795226109 1,886 78,750 SH SOLE 0 0 78,750 SANOFI AVENTIS COM 80105N105 336 11,400 SH SOLE 0 0 11,400 SCHEIN (HENRY) COM 806407102 1,002 20,900 SH SOLE 0 0 20,900 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 6/30/2009 - 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 SCHMITT INDUSTRIES COM 806870200 928 221,000 SH SOLE 0 0 221,000 SE FINANCIAL COM 78412R108 222 42,345 SH SOLE 0 0 42,345 SENECA FOODS NEW COM 817070501 660 19,752 SH SOLE 0 0 19,752 SILICON STORAGE TECHNOLOGY COM 827057100 32 17,600 SH SOLE 0 0 17,600 SIMPSON MANUFACTURING COM 829073105 6,790 314,095 SH SOLE 0 0 314,095 SIRIUS XM RADIO COM 82967N108 4 10,700 SH SOLE 0 0 10,700 SONOCO PRODUCTS COM 835495102 13,495 563,482 SH SOLE 0 0 563,482 SONOSITE COM 83568G104 1,104 55,055 SH SOLE 0 0 55,055 STRATTEC SECURITY COM 863111100 2,715 196,770 SH SOLE 0 0 196,770 SUPERIOR INDUSTRIES INTL COM 868168105 1,185 84,050 SH SOLE 0 0 84,050 SWISS HELVETIA FUND COM 870875101 5,387 557,122 SH SOLE 0 0 557,122 SYMMETRICOM INC COM 871543104 646 112,000 SH SOLE 0 0 112,000 SYNERON MEDICAL COM M87245102 218 30,200 SH SOLE 0 0 30,200 SYSCO CORP COM 871829107 224 9,990 SH SOLE 0 0 9,990 TARGET CORP COM 87612E106 645 16,364 SH SOLE 0 0 16,364 TELLABS COM 879664100 261 45,700 SH SOLE 0 0 45,700 TEMPLETON DRAGON FD COM 88018T101 885 37,900 SH SOLE 0 0 37,900 TERADYNE COM 880770102 3,539 515,925 SH SOLE 0 0 515,925 THERMO FISHER SCIENTIFIC COM 883556102 8,904 218,415 SH SOLE 0 0 218,415 TIME WARNER CABLE COM 88732J207 303 9,571 SH SOLE 0 0 9,571 TIME WARNER COM 887317303 936 37,179 SH SOLE 0 0 37,179 TRINITY INDUSTRIES COM 896522109 369 27,100 SH SOLE 0 0 27,100 UNITED CAPITAL COM 909912107 284 15,550 SH SOLE 0 0 15,550 UNITED PARCEL SERVICE COM 911312106 12,200 244,056 SH SOLE 0 0 244,056 US GYPSUM COM 903293405 3,106 308,520 SH SOLE 0 0 308,520 VALENCE TECH COM 918914102 38 21,500 SH SOLE 0 0 21,500 VERIZON COMMUNICATIONS COM 92343V104 946 30,804 SH SOLE 0 0 30,804 VISHAY INTERTECHNOLOGY COM 928298108 82 12,200 SH SOLE 0 0 12,200 VITESSE SEMICONDUCTOR COM 928497106 88 311,100 SH SOLE 0 0 311,100 VODAFONE GROUP PLC NEW COM 92857W209 420 21,567 SH SOLE 0 0 21,567 WABASH NATIONAL COM 929566107 798 1,141,300 SH SOLE 0 0 1,141,300 WAL-MART STORES COM 931142103 17,013 351,220 SH SOLE 0 0 351,220 WARWICK VALLEY TELEPHONE COM 936750108 142 12,400 SH SOLE 0 0 12,400 WASHINGTON POST COM 939640108 1,918 5,447 SH SOLE 0 0 5,447 WATSON PHARMACEUTICALS COM 942683103 6,357 188,700 SH SOLE 0 0 188,700 WESTLAKE CHEMICAL COM 960413102 14,310 701,830 SH SOLE 0 0 701,830 WHIRLPOOL CORP COM 963320106 5,957 139,973 SH SOLE 0 0 139,973 XTO ENERGY COM 98385X106 614 16,100 SH SOLE 0 0 16,100 3M COMPANY COM 88579Y101 22,908 381,178 SH SOLE 0 0 381,178 Line Count: 243