13F-HR 1 shufrorose03312012.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: March 31, 2012 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 May 11, 2012 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: 03/31/12 RUN DATE: 5/11/12 03:30 P.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 262 FORM 13F INFORMATION TABLE VALUE TOTAL: $771,817,833.68 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 3/31/2012 - 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 231 15,271 SH SOLE 0 0 15,271 BLACKROCK MUNIYIELD NY INSD FD FUND 09255E102 328 23,500 SH SOLE 0 0 23,500 INVESCO VAN KAMPEN TR NY MUNIS FUND 46131T101 206 13,000 SH SOLE 0 0 13,000 INVESCO VAN KAMPEN TRUST FUND 46131M106 301 19,900 SH SOLE 0 0 19,900 WESTERN ASSET MUN PARTNERS FD FUND 95766P108 240 15,209 SH SOLE 0 0 15,209 EL PASO ENERGY CAP TRUST PFD PFD 283678209 530 11,500 SH SOLE 0 0 11,500 HSBC HLDG 12-16-10 $1.55 PFD A PFD 404280604 408 16,400 SH SOLE 0 0 16,400 BLACKROCK FLT RT STRATEGIES FD FUND 09255X100 1,120 75,600 SH SOLE 0 0 75,600 DREYFUS HIGH YIELD STRATEGIES FUND 26200S101 67 14,500 SH SOLE 0 0 14,500 DWS MULTI MKT INCOME TR FUND 23338L108 662 64,100 SH SOLE 0 0 64,100 EATON VANCE FL RT INCOME TRUST FUND 278279104 178 11,000 SH SOLE 0 0 11,000 EATON VANCE LTD DURATION INC FUND 27828H105 686 42,801 SH SOLE 0 0 42,801 NUVEEN (JTP) QLTY PFD INC FUND FUND 67071S101 134 16,500 SH SOLE 0 0 16,500 NUVEEN (JHP) QLTY PFD INC FD 3 FUND 67072W101 148 17,850 SH SOLE 0 0 17,850 NUVEEN MULTI-STRATEGY INCOME & FUND 67073B106 88 10,000 SH SOLE 0 0 10,000 NUVEEN MULTI-STRATEGY INC AND FUND 67073D102 146 16,300 SH SOLE 0 0 16,300 PIMCO FLOATING RATE INCOME FD FUND 72201H108 470 41,450 SH SOLE 0 0 41,450 PIMCO (PFN) FLOAT STRATEGY FD FUND 72201J104 328 32,300 SH SOLE 0 0 32,300 PUTNAM PREMIER INCOME TRUST FUND 746853100 109 19,920 SH SOLE 0 0 19,920 WESTERN ASSET GLBL PTNS INC FD FUND 95766G108 234 18,200 SH SOLE 0 0 18,200 ABB LTD SPONSORED ADR COM 000375204 906 44,400 SH SOLE 0 0 44,400 ABBOTT LABORATORIES COM 002824100 7,742 126,318 SH SOLE 0 0 126,318 ABERDEEN ASIA PACIFIC FUND COM 003009107 322 44,300 SH SOLE 0 0 44,300 AGILYSYS COM 00847J105 1,380 153,615 SH SOLE 0 0 153,615 AGRIUM INC COM 008916108 8,884 102,915 SH SOLE 0 0 102,915 AMERITRANS CAPITAL COM 03073H108 2 14,876 SH SOLE 0 0 14,876 AMERICAN EAGLE OUTFITTERS COM 02553E106 8,804 512,180 SH SOLE 0 0 512,180 AMERICAN ELECTRIC POWER COM 025537101 395 10,251 SH SOLE 0 0 10,251 AMERICAN EXPRESS COM 025816109 315 5,450 SH SOLE 0 0 5,450 AMERICAN SOFTWARE COM 029683109 137 16,050 SH SOLE 0 0 16,050 AMGEN INC COM 031162100 11,768 173,095 SH SOLE 0 0 173,095 AON CORP COM 037389103 2,232 45,500 SH SOLE 0 0 45,500 APPLE COMPUTER COM 037833100 569 950 SH SOLE 0 0 950 APPLIED MATERIALS COM 038222105 758 60,999 SH SOLE 0 0 60,999 ASTRO-MED INC COM 04638F108 83 10,004 SH SOLE 0 0 10,004 AT&T INC COM 00206R102 448 14,376 SH SOLE 0 0 14,376 ATC VENTURE GROUP COM 00213J101 14 46,500 SH SOLE 0 0 46,500 ATLANTIC AMERICAN CORP COM 048209100 216 75,300 SH SOLE 0 0 75,300 AUDIOCODES LTD ORD COM M15342104 32 12,000 SH SOLE 0 0 12,000 AUGUSTA RESOURCES COM 050912203 30 11,000 SH SOLE 0 0 11,000 AUTOMATIC DATA PROCESSING COM 053015103 408 7,400 SH SOLE 0 0 7,400 AVERY DENNISON COM 053611109 14,092 467,736 SH SOLE 0 0 467,736 AVX COM 002444107 8,192 617,815 SH SOLE 0 0 617,815 BAKER HUGHES COM 057224107 2,948 70,300 SH SOLE 0 0 70,300 BANK OF AMERICA COM 060505104 884 92,408 SH SOLE 0 0 92,408 BANK OF AMERICA OPT 060505104 16 10,000 CALL SOLE 0 0 10,000 BANK OF NEW YORK MELLON COM 064058100 382 15,865 SH SOLE 0 0 15,865 BAR HARBOR BANKSHARES COM 066849100 7,277 218,950 SH SOLE 0 0 218,950 BAXTER INTERNATIONAL COM 071813109 215 3,600 SH SOLE 0 0 3,600 BCB BANCORP INC (NJ) COM 055298103 485 48,600 SH SOLE 0 0 48,600 BERKSHIRE BANCORP COM 084597202 534 77,356 SH SOLE 0 0 77,356 BERKSHIRE HATHAWAY A SHARES COM 084670108 1,950 16 SH SOLE 0 0 16 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 3/31/2012 - 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 BERKSHIRE HATHAWAY B SHARES COM 084670702 4,751 58,558 SH SOLE 0 0 58,558 BIODELIVERY SCIENCES INTL COM 09060J106 131 54,300 SH SOLE 0 0 54,300 BLACKROCK ENHANCED EQU DIV TRT COM 09251A104 265 35,354 SH SOLE 0 0 35,354 BLYTH INC COM 09643P207 8,627 115,290 SH SOLE 0 0 115,290 BOARDWALK PIPELINE PARTNERS COM 096627104 320 12,100 SH SOLE 0 0 12,100 BP PLC COM 055622104 5,546 123,248 SH SOLE 0 0 123,248 BRISTOL-MYERS SQUIBB COM 110122108 468 13,867 SH SOLE 0 0 13,867 BROWN SHOE COMPANY COM 115736100 4,799 519,950 SH SOLE 0 0 519,950 CAMAC ENERGY COM 131745101 196 196,400 SH SOLE 0 0 196,400 CARBO CERAMICS COM 140781105 714 6,775 SH SOLE 0 0 6,775 CARNIVAL CRUISE LINES COM 143658300 238 7,450 SH SOLE 0 0 7,450 CARRIAGE SERVICES COM 143905107 340 45,150 SH SOLE 0 0 45,150 CEMEX ADR COM 151290889 152 19,678 SH SOLE 0 0 19,678 CERADYNE INC COM 156710105 5,657 173,750 SH SOLE 0 0 173,750 CHESAPEAKE ENERGY COM 165167107 252 10,900 SH SOLE 0 0 10,900 CHEVRON CORP COM 166764100 3,565 33,260 SH SOLE 0 0 33,260 CHICOS FAS COM 168615102 9,274 614,175 SH SOLE 0 0 614,175 CHINA SHENGDA PACKAGING GROUP COM 16950V107 22 24,500 SH SOLE 0 0 24,500 CHINACAST EDUCATION COM 16946T109 443 104,500 SH SOLE 0 0 104,500 CISCO SYSTEMS COM 17275R102 8,786 415,426 SH SOLE 0 0 415,426 CITIGROUP COM 172967424 1,531 41,911 SH SOLE 0 0 41,911 COCA-COLA COM 191216100 518 7,008 SH SOLE 0 0 7,008 COHEN STEERS QLTY INC RLTY FD COM 19247L106 106 10,835 SH SOLE 0 0 10,835 COHEN & STEERS INFRASTRUCT FD COM 19248A109 324 18,457 SH SOLE 0 0 18,457 COLGATE PALMOLIVE COM 194162103 224 2,300 SH SOLE 0 0 2,300 COMCAST NEW CLASS A COM 20030N101 262 8,749 SH SOLE 0 0 8,749 COMMERCIAL METALS COM 201723103 1,022 69,000 SH SOLE 0 0 69,000 COMPUTER SCIENCES COM 205363104 732 24,465 SH SOLE 0 0 24,465 CONOCOPHILLIPS COM 20825C104 897 11,813 SH SOLE 0 0 11,813 CONSOLIDATED ENERGY COM 20854P109 436 12,800 SH SOLE 0 0 12,800 CONSOLIDATED TOMOKA LAND COM 210226106 574 19,300 SH SOLE 0 0 19,300 COPART INC COM 217204106 1,126 43,226 SH SOLE 0 0 43,226 CORNING COM 219350105 6,059 430,383 SH SOLE 0 0 430,383 CRAY INC COM 225223304 256 35,000 SH SOLE 0 0 35,000 CVS CAREMARK COM 126650100 4,313 96,285 SH SOLE 0 0 96,285 CYBEROPTICS CORP COM 232517102 97 10,100 SH SOLE 0 0 10,100 CYTRX CORP COM 232828301 4 10,000 SH SOLE 0 0 10,000 DELL INC COM 24702R101 268 16,175 SH SOLE 0 0 16,175 DISNEY WALT COM 254687106 4,507 102,962 SH SOLE 0 0 102,962 DONEGAL GROUP COM 257701201 320 23,430 SH SOLE 0 0 23,430 DOT HILL SYSTEMS COM 25848T109 33 22,000 SH SOLE 0 0 22,000 D R HORTON COM 23331A109 207 13,660 SH SOLE 0 0 13,660 DUPONT COM 263534109 12,745 240,937 SH SOLE 0 0 240,937 EAGLE MATERIALS COM 26969P108 2,552 73,460 SH SOLE 0 0 73,460 EBAY COM 278642103 228 6,200 SH SOLE 0 0 6,200 EMERSON ELECTRIC COM 291011104 237 4,550 SH SOLE 0 0 4,550 ENERPLUS CORPORATION (ERF) COM 292766102 500 22,360 SH SOLE 0 0 22,360 ENTROPIC COMMUNICATIONS INC COM 29384R105 148 25,500 SH SOLE 0 0 25,500 ENZO BIOCHEM COM 294100102 60 22,579 SH SOLE 0 0 22,579 EQUUS II COM 294766100 43 19,237 SH SOLE 0 0 19,237 ETHAN ALLEN INTERIORS COM 297602104 358 14,175 SH SOLE 0 0 14,175 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 3/31/2012 - 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 EUROPEAN EQUITY FUND COM 298768102 87 12,884 SH SOLE 0 0 12,884 EXAMWORKS GROUP INC COM 30066A105 8,089 651,350 SH SOLE 0 0 651,350 EXELIS INC COM 30162A108 3,635 290,408 SH SOLE 0 0 290,408 EXELON CORP COM 30161N101 25,617 653,346 SH SOLE 0 0 653,346 EXTREME NETWORKS COM 30226D106 42 11,000 SH SOLE 0 0 11,000 EXXON MOBIL COM 30231G102 32,110 370,235 SH SOLE 0 0 370,235 FARMERS & MERCHANTS BANK COM 308243104 281 66 SH SOLE 0 0 66 FIRST NATIONAL BANK ALASKA COM 32112J106 3,017 1,975 SH SOLE 0 0 1,975 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 4,863 672,637 SH SOLE 0 0 672,637 FORD MOTOR CO COM 345370860 252 20,202 SH SOLE 0 0 20,202 FREEPORT MCMORAN COPPER & GOLD COM 35671D857 673 17,700 SH SOLE 0 0 17,700 FREIGHTCAR AMERICA COM 357023100 9,332 414,955 SH SOLE 0 0 414,955 FRIEDMAN INDUSTRIES COM 358435105 1,567 143,150 SH SOLE 0 0 143,150 GENERAL ELECTRIC COM 369604103 30,362 1,512,834 SH SOLE 0 0 1,512,834 GENERAL MILLS COM 370334104 601 15,250 SH SOLE 0 0 15,250 GERON CORP COM 374163103 111 66,100 SH SOLE 0 0 66,100 GETTY REALTY COM 374297109 704 45,212 SH SOLE 0 0 45,212 GILEAD SCIENCES COM 375558103 796 16,300 SH SOLE 0 0 16,300 GOLDFIELD CORP COM 381370105 67 69,300 SH SOLE 0 0 69,300 GREATER CHINA FUND COM 39167B102 642 55,833 SH SOLE 0 0 55,833 GSE SYSTEMS INC COM 36227K106 47 20,000 SH SOLE 0 0 20,000 GUARANTY BANCORP COM 40075T102 52 26,200 SH SOLE 0 0 26,200 HARDINGE INC COM 412324303 637 67,400 SH SOLE 0 0 67,400 HARRIS & HARRIS GROUP COM 413833104 2,821 679,900 SH SOLE 0 0 679,900 HARSCO CORP COM 415864107 7,790 332,080 SH SOLE 0 0 332,080 HCC INSURANCE HOLDINGS COM 404132102 10,198 327,200 SH SOLE 0 0 327,200 HEALTHCARE SERVICES GROUP COM 421906108 759 35,725 SH SOLE 0 0 35,725 HELMERICH & PAYNE COM 423452101 215 4,000 SH SOLE 0 0 4,000 HEWLETT PACKARD COM 428236103 9,507 398,973 SH SOLE 0 0 398,973 HOME DEPOT COM 437076102 1,426 28,353 SH SOLE 0 0 28,353 HUDSON CITY BANCORP COM 443683107 7,432 1,016,785 SH SOLE 0 0 1,016,785 ILLINOIS TOOL WORKS COM 452308109 9,355 163,785 SH SOLE 0 0 163,785 IMMUCELL CORP NEW COM 452525306 267 49,363 SH SOLE 0 0 49,363 INTEL COM 458140100 34,817 1,238,608 SH SOLE 0 0 1,238,608 INTELLIGENT SYSTEMS COM 45816D100 124 85,793 SH SOLE 0 0 85,793 INTL BUSINESS MACHINES COM 459200101 4,238 20,313 SH SOLE 0 0 20,313 INTL PAPER COM 460146103 8,238 234,709 SH SOLE 0 0 234,709 INTL RECTIFIER COM 460254105 6,889 298,614 SH SOLE 0 0 298,614 ISHARES SILVER TRUST COM 46428Q109 313 10,000 SH SOLE 0 0 10,000 ITT CORP NEW COM 450911201 6,198 270,224 SH SOLE 0 0 270,224 JACOBS ENGINEERING GROUP COM 469814107 3,448 77,720 SH SOLE 0 0 77,720 JAPAN EQUITY FUND COM 471057109 3,104 547,500 SH SOLE 0 0 547,500 JAPAN SMALLER CAP FUND COM 47109U104 1,711 218,598 SH SOLE 0 0 218,598 JEFFERIES GROUP COM 472319102 205 10,900 SH SOLE 0 0 10,900 JETBLUE AIRWAYS COM 477143101 145 29,800 SH SOLE 0 0 29,800 J & J SNACK FOODS COM 466032109 786 15,000 SH SOLE 0 0 15,000 JOHNSON & JOHNSON COM 478160104 10,746 162,931 SH SOLE 0 0 162,931 JOHNSON CONTROLS COM 478366107 3,530 108,705 SH SOLE 0 0 108,705 KELLY SERVICES CL A COM 488152208 5,945 371,850 SH SOLE 0 0 371,850 KIMBERLY-CLARK COM 494368103 380 5,150 SH SOLE 0 0 5,150 KKR FINANCIAL HOLDINGS COM 48248A306 368 40,000 SH SOLE 0 0 40,000 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 3/31/2012 - 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 KRATOS DEFENSE & SEC SOLUTIONS COM 50077B207 89 16,745 SH SOLE 0 0 16,745 LAKELAND INDUSTRIES COM 511795106 2,407 235,997 SH SOLE 0 0 235,997 LEGG MASON COM 524901105 592 21,200 SH SOLE 0 0 21,200 LEXINGTON PROPERTY TRUST COM 529043101 320 35,680 SH SOLE 0 0 35,680 LOUISIANA PACIFIC COM 546347105 308 33,000 SH SOLE 0 0 33,000 LOWES COMPANIES COM 548661107 210 6,700 SH SOLE 0 0 6,700 L 3 COMMUNICATIONS HOLDINGS COM 502424104 6,536 92,360 SH SOLE 0 0 92,360 M & T BANK CORP COM 55261F104 1,707 19,659 SH SOLE 0 0 19,659 MAGELLAN PETROLEUM COM 559091301 16 13,000 SH SOLE 0 0 13,000 MANHATTAN BRIDGE CAPITAL COM 562803106 36 33,975 SH SOLE 0 0 33,975 MEADOWBROOK INSURANCE GROUP COM 58319P108 890 95,400 SH SOLE 0 0 95,400 MEDTRONIC COM 585055106 15,468 394,693 SH SOLE 0 0 394,693 MERCK & CO COM 58933Y105 1,638 42,681 SH SOLE 0 0 42,681 MEREDITH CORP COM 589433101 9,281 285,950 SH SOLE 0 0 285,950 METLIFE COM 59156R108 9,269 248,190 SH SOLE 0 0 248,190 MFS INTERMED INCOME TRUST COM 55273C107 1,105 173,280 SH SOLE 0 0 173,280 MICRONETICS INC COM 595125105 427 52,500 SH SOLE 0 0 52,500 MICROSOFT COM 594918104 14,993 464,910 SH SOLE 0 0 464,910 MIDDLEBURG FINANCIAL CORP COM 596094102 1,863 118,591 SH SOLE 0 0 118,591 MOBILE MINI COM 60740F105 9,472 448,530 SH SOLE 0 0 448,530 MODUSLINK GLOBAL SOLUTIONS COM 60786L107 54 10,000 SH SOLE 0 0 10,000 MONMOUTH REAL ESTATE INVT CORP COM 609720107 339 34,850 SH SOLE 0 0 34,850 JPMORGAN CHASE & CO COM 46625H100 14,932 324,766 SH SOLE 0 0 324,766 MUELLER WATER PRODUCTS COM 624758108 156 47,000 SH SOLE 0 0 47,000 MYLAN INC COM 628530107 229 9,770 SH SOLE 0 0 9,770 NATIONAL WESTERN LIFE INS COM 638522102 8,461 61,825 SH SOLE 0 0 61,825 NAVARRE CORP COM 639208107 21 12,000 SH SOLE 0 0 12,000 NAVIOS MARITIME COM Y62196103 98 23,500 SH SOLE 0 0 23,500 NEWPORT CORP COM 651824104 10,248 578,375 SH SOLE 0 0 578,375 NEW YORK COMMUNITY BANCORP COM 649445103 420 30,200 SH SOLE 0 0 30,200 NEWMONT MINING COM 651639106 410 8,000 SH SOLE 0 0 8,000 NOVARTIS AG ADR COM 66987V109 223 4,040 SH SOLE 0 0 4,040 NYSE EURONEXT COM 629491101 556 18,538 SH SOLE 0 0 18,538 OLD REPUBLIC COM 680223104 606 57,525 SH SOLE 0 0 57,525 OMEGA PROTEIN COM 68210P107 1,186 155,900 SH SOLE 0 0 155,900 ONE BEACON INSURANCE LTD COM G67742109 238 15,500 SH SOLE 0 0 15,500 OPKO HEALTH INC COM 68375N103 68 14,500 SH SOLE 0 0 14,500 OPNEXT COM 68375V105 127 82,000 SH SOLE 0 0 82,000 ORBOTECH LTD-ORD COM M75253100 304 26,250 SH SOLE 0 0 26,250 OVERSEAS SHIPHOLDING GROUP COM 690368105 580 45,960 SH SOLE 0 0 45,960 PENN VA RESOURCE PARTNERS LP COM 707884102 829 37,990 SH SOLE 0 0 37,990 PEPSICO INC COM 713448108 1,020 15,375 SH SOLE 0 0 15,375 PETROBANK ENERGY & RES LTD COM 71645P106 772 48,700 SH SOLE 0 0 48,700 PETROLEUM DEVELOPMENT COM 716578109 2,082 56,150 SH SOLE 0 0 56,150 PETROBAKKEN ENERGY LTD COM 71645A109 244 14,700 SH SOLE 0 0 14,700 PFIZER INC COM 717081103 12,174 537,645 SH SOLE 0 0 537,645 PHILIPS ELECTRONICS COM 500472303 229 11,269 SH SOLE 0 0 11,269 POWERSHARES QQQ TRUST SERIES 1 COM 73935A104 259 3,843 SH SOLE 0 0 3,843 PROCTER & GAMBLE COM 742718109 329 4,902 SH SOLE 0 0 4,902 PROSPECT CAPITAL COM 74348T102 1,724 157,100 SH SOLE 0 0 157,100 QUALCOMM COM 747525103 2,020 29,700 SH SOLE 0 0 29,700 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 3/31/2012 - 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 QUEST DIAGNOSTICS COM 74834L100 8,430 137,865 SH SOLE 0 0 137,865 RAMCO GERSHENSON PROPERTIES TR COM 751452202 676 55,400 SH SOLE 0 0 55,400 RAND CAPITAL CORP COM 752185108 157 50,122 SH SOLE 0 0 50,122 RESEARCH FRONTIERS COM 760911107 160 45,250 SH SOLE 0 0 45,250 ROYAL DUTCH SHELL PLC ADR A COM 780259206 666 9,504 SH SOLE 0 0 9,504 SALISBURY BANCORP COM 795226109 1,432 61,600 SH SOLE 0 0 61,600 SANDISK CORP COM 80004C101 712 14,360 SH SOLE 0 0 14,360 SANOFI AVENTIS COM 80105N105 627 16,200 SH SOLE 0 0 16,200 SCHEIN (HENRY) COM 806407102 794 10,500 SH SOLE 0 0 10,500 SCHLUMBERGER LTD COM 806857108 321 4,600 SH SOLE 0 0 4,600 SCHMITT INDUSTRIES COM 806870200 282 86,000 SH SOLE 0 0 86,000 SEABOARD CORP COM 811543107 409 210 SH SOLE 0 0 210 SENECA FOODS NEW COM 817070501 1,119 42,500 SH SOLE 0 0 42,500 SIMPSON MANUFACTURING COM 829073105 5,333 165,385 SH SOLE 0 0 165,385 SKECHERS USA COM 830566105 6,085 478,440 SH SOLE 0 0 478,440 SOCIEDAD QUIMICA MINERA CHILE COM 833635105 381 6,500 SH SOLE 0 0 6,500 SONOCO PRODUCTS COM 835495102 13,852 417,241 SH SOLE 0 0 417,241 SOUTHWEST AIRLINES COM 844741108 88 10,800 SH SOLE 0 0 10,800 SPDR S&P BIOTECH ETF COM 78464A870 551 6,850 SH SOLE 0 0 6,850 SPDR S&P 500 COM 78462F103 227 1,613 SH SOLE 0 0 1,613 S & P MIDCAP 400 SPDR COM 78467Y107 678 3,755 SH SOLE 0 0 3,755 STRATTEC SECURITY COM 863111100 3,093 132,210 SH SOLE 0 0 132,210 SUNCOR ENERGY NEW COM 867224107 255 7,810 SH SOLE 0 0 7,810 SUPERIOR INDUSTRIES INTL COM 868168105 2,476 126,735 SH SOLE 0 0 126,735 SWISS HELVETIA FUND COM 870875101 4,118 367,412 SH SOLE 0 0 367,412 SYMMETRICOM INC COM 871543104 245 42,500 SH SOLE 0 0 42,500 SYSCO CORP COM 871829107 361 12,100 SH SOLE 0 0 12,100 SYSTEMAX COM 871851101 284 16,900 SH SOLE 0 0 16,900 TARGET CORP COM 87612E106 912 15,664 SH SOLE 0 0 15,664 TEMPLETON DRAGON FD COM 88018T101 738 26,050 SH SOLE 0 0 26,050 TERADYNE COM 880770102 2,234 132,310 SH SOLE 0 0 132,310 TESORO CORPORATION COM 881609101 389 14,500 SH SOLE 0 0 14,500 TEVA PHARMACEUTICAL COM 881624209 17,442 387,103 SH SOLE 0 0 387,103 TEXAS INSTRUMENTS COM 882508104 30,423 905,199 SH SOLE 0 0 905,199 THERMO FISHER SCIENTIFIC COM 883556102 11,766 208,700 SH SOLE 0 0 208,700 TIME WARNER CABLE COM 88732J207 463 5,688 SH SOLE 0 0 5,688 TIME WARNER COM 887317303 772 20,454 SH SOLE 0 0 20,454 TRINITY INDUSTRIES COM 896522109 761 23,100 SH SOLE 0 0 23,100 UNILEVER PLC COM 904767704 3,080 93,194 SH SOLE 0 0 93,194 UNION PACIFIC COM 907818108 458 4,266 SH SOLE 0 0 4,266 UNITED PARCEL SERVICE COM 911312106 942 11,675 SH SOLE 0 0 11,675 UNITED TECHNOLOGIES COM 913017109 859 10,360 SH SOLE 0 0 10,360 US GYPSUM COM 903293405 616 35,865 SH SOLE 0 0 35,865 VALENCE TECH COM 918914102 8 10,000 SH SOLE 0 0 10,000 VALERO ENERGY COM 91913Y100 458 17,800 SH SOLE 0 0 17,800 VEOLIA ENVIRONNEMENT ADR COM 92334N103 671 40,650 SH SOLE 0 0 40,650 VISHAY PRECISION GROUP COM 92835K103 6,112 412,177 SH SOLE 0 0 412,177 VODAFONE GROUP PLC NEW COM 92857W209 13,226 478,012 SH SOLE 0 0 478,012 WALGREEN COM 931422109 582 17,400 SH SOLE 0 0 17,400 WALKER & DUNLOP COM 93148P102 4,633 367,700 SH SOLE 0 0 367,700 WAL-MART STORES COM 931142103 19,173 313,292 SH SOLE 0 0 313,292 Shufro, Rose & CO LLC Page: 6 Form 13F Information Table As of Date: 3/31/2012 - 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 WARWICK VALLEY TELEPHONE COM 936750108 214 14,400 SH SOLE 0 0 14,400 WASHINGTON POST COM 939640108 1,907 5,106 SH SOLE 0 0 5,106 WHIRLPOOL CORP COM 963320106 1,535 19,980 SH SOLE 0 0 19,980 XYLEM INC COM 98419M100 1,121 40,397 SH SOLE 0 0 40,397 YM BIOSCIENCES COM 984238105 27 15,000 SH SOLE 0 0 15,000 3M COMPANY COM 88579Y101 10,012 112,240 SH SOLE 0 0 112,240 Line Count: 262