13F-HR 1 shufrorose09302012.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, 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 November 15, 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: 09/30/12 RUN DATE: 11/15/12 12:45 P.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 255 FORM 13F INFORMATION TABLE VALUE TOTAL: $752,698,907.84 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Shufro, Rose & CO LLC Page: 1 Form 13F Information Table As of Date: 9/30/2012 - 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 217 13,200 SH SOLE 0 0 13,200 BLACKROCK MUNIYIELD NY INSD FD FUND 09255E102 279 18,500 SH SOLE 0 0 18,500 INVESCO VAN KAMPEN TR NY MUNIS FUND 46131T101 199 12,000 SH SOLE 0 0 12,000 INVESCO VAN KAMPEN TRUST FUND 46131M106 364 22,400 SH SOLE 0 0 22,400 WESTERN ASSET MUN PARTNERS FD FUND 95766P108 256 14,709 SH SOLE 0 0 14,709 HSBC HLDG 12-16-10 $1.55 PFD A PFD 404280604 389 15,400 SH SOLE 0 0 15,400 BLACKROCK FLT RT STRATEGIES FD FUND 09255X100 1,154 76,600 SH SOLE 0 0 76,600 DREYFUS HIGH YIELD STRATEGIES FUND 26200S101 63 14,500 SH SOLE 0 0 14,500 DWS MULTI MKT INCOME TR FUND 23338L108 723 64,100 SH SOLE 0 0 64,100 EATON VANCE FL RT INCOME TRUST FUND 278279104 183 11,000 SH SOLE 0 0 11,000 EATON VANCE LTD DURATION INC FUND 27828H105 722 42,550 SH SOLE 0 0 42,550 1ST TR / 4 CORNERS SR FLOAT FD FUND 33733U108 165 10,500 SH SOLE 0 0 10,500 NUVEEN (JTP) QLTY PFD INC FUND FUND 67071S101 147 16,500 SH SOLE 0 0 16,500 NUVEEN (JHP) QLTY PFD INC FD 3 FUND 67072W101 157 16,850 SH SOLE 0 0 16,850 NUVEEN MULTI-STRATEGY INCOME & FUND 67073B106 98 10,000 SH SOLE 0 0 10,000 NUVEEN MULTI-STRATEGY INC AND FUND 67073D102 158 16,300 SH SOLE 0 0 16,300 PIMCO FLOATING RATE INCOME FD FUND 72201H108 548 41,450 SH SOLE 0 0 41,450 PIMCO (PFN) FLOAT STRATEGY FD FUND 72201J104 346 30,300 SH SOLE 0 0 30,300 PUTNAM PREMIER INCOME TRUST FUND 746853100 128 22,420 SH SOLE 0 0 22,420 TEMPLETON GLOBAL INCOME FUND FUND 880198106 363 38,000 SH SOLE 0 0 38,000 WESTERN ASSET GLBL PTNS INC FD FUND 95766G108 240 17,700 SH SOLE 0 0 17,700 ABB LTD SPONSORED ADR COM 000375204 679 36,350 SH SOLE 0 0 36,350 ABBOTT LABORATORIES COM 002824100 7,978 116,368 SH SOLE 0 0 116,368 ABERDEEN ASIA PACIFIC FUND COM 003009107 317 40,800 SH SOLE 0 0 40,800 AGILYSYS COM 00847J105 1,288 149,865 SH SOLE 0 0 149,865 AGRIUM INC COM 008916108 10,465 100,910 SH SOLE 0 0 100,910 ALCOA COM 013817101 5,858 661,650 SH SOLE 0 0 661,650 AMERICAN EAGLE OUTFITTERS COM 02553E106 4,316 204,770 SH SOLE 0 0 204,770 AMERICAN ELECTRIC POWER COM 025537101 424 9,651 SH SOLE 0 0 9,651 AMERICAN EXPRESS COM 025816109 264 4,650 SH SOLE 0 0 4,650 AMERICAN SOFTWARE COM 029683109 147 18,050 SH SOLE 0 0 18,050 AMERICAN WATER WORKS COM 030420103 203 5,500 SH SOLE 0 0 5,500 AMGEN INC COM 031162100 13,938 165,360 SH SOLE 0 0 165,360 AON PLC SHS CL A COM G0408V102 2,060 39,400 SH SOLE 0 0 39,400 APPLE COMPUTER COM 037833100 628 942 SH SOLE 0 0 942 APPLIED MATERIALS COM 038222105 690 61,804 SH SOLE 0 0 61,804 ASTRO-MED INC COM 04638F108 86 10,004 SH SOLE 0 0 10,004 AT&T INC COM 00206R102 638 16,946 SH SOLE 0 0 16,946 ATC VENTURE GROUP COM 00213J101 7 46,500 SH SOLE 0 0 46,500 ATLANTIC AMERICAN CORP COM 048209100 206 75,300 SH SOLE 0 0 75,300 AUDIOCODES LTD ORD COM M15342104 30 12,000 SH SOLE 0 0 12,000 AUGUSTA RESOURCES COM 050912203 31 11,000 SH SOLE 0 0 11,000 AUTOMATIC DATA PROCESSING COM 053015103 434 7,400 SH SOLE 0 0 7,400 AVERY DENNISON COM 053611109 15,214 478,130 SH SOLE 0 0 478,130 AVX COM 002444107 5,895 614,740 SH SOLE 0 0 614,740 BAKER HUGHES COM 057224107 6,526 144,295 SH SOLE 0 0 144,295 BANK OF AMERICA COM 060505104 774 87,658 SH SOLE 0 0 87,658 BANK OF NEW YORK MELLON COM 064058100 415 18,365 SH SOLE 0 0 18,365 BAR HARBOR BANKSHARES COM 066849100 4,761 133,225 SH SOLE 0 0 133,225 BCB BANCORP INC (NJ) COM 055298103 289 27,500 SH SOLE 0 0 27,500 BERKSHIRE BANCORP COM 084597202 619 75,256 SH SOLE 0 0 75,256 Shufro, Rose & CO LLC Page: 2 Form 13F Information Table As of Date: 9/30/2012 - 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 A SHARES COM 084670108 1,990 15 SH SOLE 0 0 15 BERKSHIRE HATHAWAY B SHARES COM 084670702 5,055 57,318 SH SOLE 0 0 57,318 BIODELIVERY SCIENCES INTL COM 09060J106 103 16,300 SH SOLE 0 0 16,300 BLACKROCK ENHANCED EQU DIV TRT COM 09251A104 267 35,354 SH SOLE 0 0 35,354 BLACKROCK KELSO CAP COM 092533108 360 37,100 SH SOLE 0 0 37,100 BLYTH INC COM 09643P207 5,988 230,400 SH SOLE 0 0 230,400 BOARDWALK PIPELINE PARTNERS COM 096627104 237 8,500 SH SOLE 0 0 8,500 BP PLC COM 055622104 5,791 136,723 SH SOLE 0 0 136,723 BRISTOL-MYERS SQUIBB COM 110122108 468 13,867 SH SOLE 0 0 13,867 BUCKLE INC COM 118440106 8,170 179,845 SH SOLE 0 0 179,845 CAMAC ENERGY COM 131745101 92 196,400 SH SOLE 0 0 196,400 CARBO CERAMICS COM 140781105 394 6,275 SH SOLE 0 0 6,275 CARDIUM THERAPEUTICS COM 141916106 2 12,500 SH SOLE 0 0 12,500 CARNIVAL CRUISE LINES COM 143658300 287 7,885 SH SOLE 0 0 7,885 CARRIAGE SERVICES COM 143905107 419 43,350 SH SOLE 0 0 43,350 CASCADE CORP COM 147195101 2,304 42,100 SH SOLE 0 0 42,100 CERADYNE INC COM 156710105 6,207 254,085 SH SOLE 0 0 254,085 CHESAPEAKE ENERGY COM 165167107 243 12,900 SH SOLE 0 0 12,900 CHEVRON CORP COM 166764100 3,769 32,336 SH SOLE 0 0 32,336 CHICOS FAS COM 168615102 7,364 406,675 SH SOLE 0 0 406,675 CHINA SHENGDA PACKAGING GROUP COM 16950V107 22 24,500 SH SOLE 0 0 24,500 CHINACAST EDUCATION COM 16946T109 14 31,500 SH SOLE 0 0 31,500 CISCO SYSTEMS COM 17275R102 8,018 419,926 SH SOLE 0 0 419,926 CITIGROUP COM 172967424 1,746 53,380 SH SOLE 0 0 53,380 COCA-COLA COM 191216100 516 13,616 SH SOLE 0 0 13,616 COHEN & STEERS INFRASTRUCT FD COM 19248A109 336 18,457 SH SOLE 0 0 18,457 COMMERCIAL METALS COM 201723103 891 67,500 SH SOLE 0 0 67,500 CONOCOPHILLIPS COM 20825C104 738 12,913 SH SOLE 0 0 12,913 CONSOLIDATED ENERGY COM 20854P109 411 13,700 SH SOLE 0 0 13,700 CONSOLIDATED TOMOKA LAND COM 210226106 2,322 70,625 SH SOLE 0 0 70,625 COPART INC COM 217204106 1,198 43,226 SH SOLE 0 0 43,226 CORNING COM 219350105 6,203 471,733 SH SOLE 0 0 471,733 CRAY INC COM 225223304 305 24,000 SH SOLE 0 0 24,000 CVS CAREMARK COM 126650100 4,459 92,110 SH SOLE 0 0 92,110 CYBEROPTICS CORP COM 232517102 73 10,100 SH SOLE 0 0 10,100 DELL INC COM 24702R101 4,181 424,275 SH SOLE 0 0 424,275 DISNEY WALT COM 254687106 741 14,176 SH SOLE 0 0 14,176 DONEGAL GROUP COM 257701201 323 23,030 SH SOLE 0 0 23,030 DOT HILL SYSTEMS COM 25848T109 23 22,000 SH SOLE 0 0 22,000 D R HORTON COM 23331A109 281 13,660 SH SOLE 0 0 13,660 DUPONT COM 263534109 11,904 236,821 SH SOLE 0 0 236,821 EBAY COM 278642103 315 6,525 SH SOLE 0 0 6,525 EMERSON ELECTRIC COM 291011104 1,932 40,045 SH SOLE 0 0 40,045 ENERPLUS CORPORATION (ERF) COM 292766102 890 53,760 SH SOLE 0 0 53,760 ENTROPIC COMMUNICATIONS INC COM 29384R105 346 59,500 SH SOLE 0 0 59,500 ENZO BIOCHEM COM 294100102 37 18,579 SH SOLE 0 0 18,579 EQUUS II COM 294766100 42 19,237 SH SOLE 0 0 19,237 EXAMWORKS GROUP INC COM 30066A105 9,718 651,350 SH SOLE 0 0 651,350 EXELIS INC COM 30162A108 2,840 274,751 SH SOLE 0 0 274,751 EXELON CORP COM 30161N101 15,629 439,271 SH SOLE 0 0 439,271 EXXON MOBIL COM 30231G102 33,467 365,962 SH SOLE 0 0 365,962 Shufro, Rose & CO LLC Page: 3 Form 13F Information Table As of Date: 9/30/2012 - 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 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 3,957 659,612 SH SOLE 0 0 659,612 FORD MOTOR CO COM 345370860 199 20,202 SH SOLE 0 0 20,202 FREEPORT MCMORAN COPPER & GOLD COM 35671D857 847 21,400 SH SOLE 0 0 21,400 FREIGHTCAR AMERICA COM 357023100 7,411 416,630 SH SOLE 0 0 416,630 FRIEDMAN INDUSTRIES COM 358435105 1,539 150,450 SH SOLE 0 0 150,450 GENERAL ELECTRIC COM 369604103 33,449 1,472,892 SH SOLE 0 0 1,472,892 GENERAL MILLS COM 370334104 607 15,250 SH SOLE 0 0 15,250 GENTEX CORP COM 371901109 1,901 111,895 SH SOLE 0 0 111,895 GERON CORP COM 374163103 83 48,900 SH SOLE 0 0 48,900 GETTY REALTY COM 374297109 793 44,212 SH SOLE 0 0 44,212 GILEAD SCIENCES COM 375558103 1,048 15,800 SH SOLE 0 0 15,800 GOLDFIELD CORP COM 381370105 127 67,300 SH SOLE 0 0 67,300 GREATER CHINA FUND COM 39167B102 585 51,333 SH SOLE 0 0 51,333 GSE SYSTEMS INC COM 36227K106 40 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 742 72,400 SH SOLE 0 0 72,400 HARRIS & HARRIS GROUP COM 413833104 2,117 558,800 SH SOLE 0 0 558,800 HARSCO CORP COM 415864107 6,947 338,390 SH SOLE 0 0 338,390 HCC INSURANCE HOLDINGS COM 404132102 10,097 297,940 SH SOLE 0 0 297,940 HEALTHCARE SERVICES GROUP COM 421906108 730 31,975 SH SOLE 0 0 31,975 HEINZ H J COM 423074103 207 3,700 SH SOLE 0 0 3,700 HEWLETT PACKARD COM 428236103 6,717 393,748 SH SOLE 0 0 393,748 HOME DEPOT COM 437076102 1,707 28,291 SH SOLE 0 0 28,291 ILLINOIS TOOL WORKS COM 452308109 9,529 160,235 SH SOLE 0 0 160,235 IMMUCELL CORP NEW COM 452525306 251 49,263 SH SOLE 0 0 49,263 INTEL COM 458140100 28,627 1,263,630 SH SOLE 0 0 1,263,630 INTELLIGENT SYSTEMS COM 45816D100 127 85,993 SH SOLE 0 0 85,993 INTL BUSINESS MACHINES COM 459200101 4,016 19,363 SH SOLE 0 0 19,363 INTL PAPER COM 460146103 8,413 231,638 SH SOLE 0 0 231,638 INTL RECTIFIER COM 460254105 5,587 334,794 SH SOLE 0 0 334,794 ISHARES SILVER TRUST COM 46428Q109 301 9,000 SH SOLE 0 0 9,000 ITT CORP NEW COM 450911201 5,233 259,748 SH SOLE 0 0 259,748 JACOBS ENGINEERING GROUP COM 469814107 8,461 209,285 SH SOLE 0 0 209,285 JAPAN EQUITY FUND COM 471057109 2,617 514,250 SH SOLE 0 0 514,250 JAPAN SMALLER CAP FUND COM 47109U104 1,578 218,932 SH SOLE 0 0 218,932 JEFFERIES GROUP COM 472319102 176 12,900 SH SOLE 0 0 12,900 JETBLUE AIRWAYS COM 477143101 142 29,800 SH SOLE 0 0 29,800 J & J SNACK FOODS COM 466032109 859 15,000 SH SOLE 0 0 15,000 JOHNSON & JOHNSON COM 478160104 4,454 64,646 SH SOLE 0 0 64,646 JOHNSON CONTROLS COM 478366107 13,723 500,851 SH SOLE 0 0 500,851 KELLOGG COM 487836108 2,147 41,565 SH SOLE 0 0 41,565 KELLY SERVICES CL A COM 488152208 5,988 475,250 SH SOLE 0 0 475,250 KIMBERLY-CLARK COM 494368103 394 4,600 SH SOLE 0 0 4,600 KOHLS CORP COM 500255104 2,282 44,555 SH SOLE 0 0 44,555 LAKELAND INDUSTRIES COM 511795106 373 62,697 SH SOLE 0 0 62,697 LAYNE CHRISTENSEN CO COM 521050104 6,053 308,700 SH SOLE 0 0 308,700 LEGG MASON COM 524901105 523 21,200 SH SOLE 0 0 21,200 LEXINGTON PROPERTY TRUST COM 529043101 339 35,123 SH SOLE 0 0 35,123 LOUISIANA PACIFIC COM 546347105 568 45,500 SH SOLE 0 0 45,500 LOWES COMPANIES COM 548661107 202 6,700 SH SOLE 0 0 6,700 L 3 COMMUNICATIONS HOLDINGS COM 502424104 6,454 90,015 SH SOLE 0 0 90,015 Shufro, Rose & CO LLC Page: 4 Form 13F Information Table As of Date: 9/30/2012 - 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 M & T BANK CORP COM 55261F104 1,575 16,559 SH SOLE 0 0 16,559 MAGELLAN PETROLEUM COM 559091301 28 27,500 SH SOLE 0 0 27,500 MANHATTAN BRIDGE CAPITAL COM 562803106 35 33,975 SH SOLE 0 0 33,975 MARVELL TECHNOLOGY GROUP COM G5876H105 3,791 414,125 SH SOLE 0 0 414,125 MEADOWBROOK INSURANCE GROUP COM 58319P108 930 121,000 SH SOLE 0 0 121,000 MEDTRONIC COM 585055106 17,081 396,148 SH SOLE 0 0 396,148 MERCK & CO COM 58933Y105 1,839 40,795 SH SOLE 0 0 40,795 MEREDITH CORP COM 589433101 7,922 226,350 SH SOLE 0 0 226,350 METLIFE COM 59156R108 9,831 285,290 SH SOLE 0 0 285,290 MFS INTERMED INCOME TRUST COM 55273C107 1,141 177,780 SH SOLE 0 0 177,780 MICROSOFT COM 594918104 13,062 438,915 SH SOLE 0 0 438,915 MIDDLEBURG FINANCIAL CORP COM 596094102 2,102 118,371 SH SOLE 0 0 118,371 MOBILE MINI COM 60740F105 7,899 473,050 SH SOLE 0 0 473,050 MONMOUTH REAL ESTATE INVT CORP COM 609720107 223 20,000 SH SOLE 0 0 20,000 JPMORGAN CHASE & CO COM 46625H100 16,960 418,993 SH SOLE 0 0 418,993 MYLAN INC COM 628530107 238 9,770 SH SOLE 0 0 9,770 NATIONAL FUEL GAS COM 636180101 211 3,910 SH SOLE 0 0 3,910 NATIONAL WESTERN LIFE INS COM 638522102 8,799 61,430 SH SOLE 0 0 61,430 NAVIOS MARITIME COM Y62196103 84 23,500 SH SOLE 0 0 23,500 NEWPORT CORP COM 651824104 7,072 639,475 SH SOLE 0 0 639,475 NEW YORK COMMUNITY BANCORP COM 649445103 455 32,200 SH SOLE 0 0 32,200 NEWMONT MINING COM 651639106 280 5,000 SH SOLE 0 0 5,000 NORTHEAST UTILITIES COM 664397106 219 5,748 SH SOLE 0 0 5,748 NOVARTIS AG ADR COM 66987V109 276 4,515 SH SOLE 0 0 4,515 NYSE EURONEXT COM 629491101 307 12,485 SH SOLE 0 0 12,485 OCLARO INC COM 67555N206 111 41,340 SH SOLE 0 0 41,340 OLD REPUBLIC COM 680223104 518 55,775 SH SOLE 0 0 55,775 OMEGA PROTEIN COM 68210P107 1,116 162,700 SH SOLE 0 0 162,700 ONE BEACON INSURANCE LTD COM G67742109 208 15,500 SH SOLE 0 0 15,500 OPKO HEALTH INC COM 68375N103 60 14,500 SH SOLE 0 0 14,500 ORBOTECH LTD-ORD COM M75253100 320 37,400 SH SOLE 0 0 37,400 PEPSICO INC COM 713448108 741 10,475 SH SOLE 0 0 10,475 PDC ENERGY INC COM 69327R101 1,785 56,450 SH SOLE 0 0 56,450 PFIZER INC COM 717081103 10,457 420,821 SH SOLE 0 0 420,821 PHILLIPS 66 COM 718546104 330 7,128 SH SOLE 0 0 7,128 PHILIPS ELECTRONICS COM 500472303 264 11,269 SH SOLE 0 0 11,269 POWERSHARES QQQ TRUST SERIES 1 COM 73935A104 230 3,363 SH SOLE 0 0 3,363 PROCTER & GAMBLE COM 742718109 3,955 57,027 SH SOLE 0 0 57,027 PROSPECT CAPITAL COM 74348T102 1,742 151,300 SH SOLE 0 0 151,300 QUALCOMM COM 747525103 2,005 32,100 SH SOLE 0 0 32,100 QUEST DIAGNOSTICS COM 74834L100 7,806 123,065 SH SOLE 0 0 123,065 RAMCO GERSHENSON PROPERTIES TR COM 751452202 694 55,400 SH SOLE 0 0 55,400 RAND CAPITAL CORP COM 752185108 250 92,423 SH SOLE 0 0 92,423 RESEARCH FRONTIERS COM 760911107 208 46,950 SH SOLE 0 0 46,950 ROYAL DUTCH SHELL PLC ADR A COM 780259206 659 9,504 SH SOLE 0 0 9,504 SALISBURY BANCORP COM 795226109 1,260 50,425 SH SOLE 0 0 50,425 SANDISK CORP COM 80004C101 574 13,235 SH SOLE 0 0 13,235 SANOFI AVENTIS COM 80105N105 663 15,400 SH SOLE 0 0 15,400 SCHLUMBERGER LTD COM 806857108 352 4,870 SH SOLE 0 0 4,870 SCHEIN (HENRY) COM 806407102 808 10,200 SH SOLE 0 0 10,200 SCHMITT INDUSTRIES COM 806870200 279 86,000 SH SOLE 0 0 86,000 Shufro, Rose & CO LLC Page: 5 Form 13F Information Table As of Date: 9/30/2012 - 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 SEABOARD CORP COM 811543107 474 210 SH SOLE 0 0 210 SENECA FOODS NEW COM 817070501 1,248 41,800 SH SOLE 0 0 41,800 SIMPSON MANUFACTURING COM 829073105 4,708 164,535 SH SOLE 0 0 164,535 SKECHERS USA COM 830566105 7,906 387,590 SH SOLE 0 0 387,590 SLM CORPORATION COM 78442P106 259 16,500 SH SOLE 0 0 16,500 SOCIEDAD QUIMICA MINERA CHILE COM 833635105 400 6,500 SH SOLE 0 0 6,500 SONOCO PRODUCTS COM 835495102 13,554 437,376 SH SOLE 0 0 437,376 SOUTHWEST AIRLINES COM 844741108 94 10,800 SH SOLE 0 0 10,800 SPDR S&P BIOTECH ETF COM 78464A870 541 5,800 SH SOLE 0 0 5,800 S & P MIDCAP 400 SPDR COM 78467Y107 581 3,234 SH SOLE 0 0 3,234 STRATTEC SECURITY COM 863111100 2,792 131,435 SH SOLE 0 0 131,435 SUNCOR ENERGY NEW COM 867224107 256 7,810 SH SOLE 0 0 7,810 SUPERIOR INDUSTRIES INTL COM 868168105 2,157 126,215 SH SOLE 0 0 126,215 SWISS HELVETIA FUND COM 870875101 3,393 315,064 SH SOLE 0 0 315,064 SYMMETRICOM INC COM 871543104 139 20,000 SH SOLE 0 0 20,000 SYSCO CORP COM 871829107 378 12,100 SH SOLE 0 0 12,100 SYSTEMAX COM 871851101 4,287 363,080 SH SOLE 0 0 363,080 TARGET CORP COM 87612E106 994 15,664 SH SOLE 0 0 15,664 TEJON RANCH CO COM 879080109 1,928 64,200 SH SOLE 0 0 64,200 TEMPLETON DRAGON FD COM 88018T101 635 24,800 SH SOLE 0 0 24,800 TERADYNE COM 880770102 2,947 207,310 SH SOLE 0 0 207,310 TESORO CORPORATION COM 881609101 649 15,500 SH SOLE 0 0 15,500 TEVA PHARMACEUTICAL COM 881624209 17,760 428,885 SH SOLE 0 0 428,885 TEXAS INSTRUMENTS COM 882508104 25,175 913,629 SH SOLE 0 0 913,629 THERMO FISHER SCIENTIFIC COM 883556102 12,074 205,242 SH SOLE 0 0 205,242 TICC CAPITAL CORP COM 87244T109 150 14,500 SH SOLE 0 0 14,500 TIME WARNER CABLE COM 88732J207 540 5,688 SH SOLE 0 0 5,688 TIME WARNER COM 887317303 927 20,454 SH SOLE 0 0 20,454 TRINITY INDUSTRIES COM 896522109 821 27,400 SH SOLE 0 0 27,400 UNILEVER PLC COM 904767704 2,369 64,890 SH SOLE 0 0 64,890 UNION PACIFIC COM 907818108 506 4,266 SH SOLE 0 0 4,266 UNITED PARCEL SERVICE COM 911312106 706 9,875 SH SOLE 0 0 9,875 UNITED TECHNOLOGIES COM 913017109 786 10,050 SH SOLE 0 0 10,050 VALERO ENERGY COM 91913Y100 551 17,400 SH SOLE 0 0 17,400 VEOLIA ENVIRONNEMENT ADR COM 92334N103 423 39,100 SH SOLE 0 0 39,100 VERIZON COMMUNICATIONS COM 92343V104 258 5,670 SH SOLE 0 0 5,670 VISHAY INTERTECHNOLOGY COM 928298108 245 25,000 SH SOLE 0 0 25,000 VISHAY PRECISION GROUP COM 92835K103 6,860 490,724 SH SOLE 0 0 490,724 VISTAPRINT NV COM N93540107 4,630 135,600 SH SOLE 0 0 135,600 VODAFONE GROUP PLC NEW COM 92857W209 13,771 483,280 SH SOLE 0 0 483,280 WALGREEN COM 931422109 663 18,200 SH SOLE 0 0 18,200 WALKER & DUNLOP COM 93148P102 6,078 395,500 SH SOLE 0 0 395,500 WAL-MART STORES COM 931142103 671 9,100 SH SOLE 0 0 9,100 WARWICK VALLEY TELEPHONE COM 936750108 373 28,700 SH SOLE 0 0 28,700 WASHINGTON POST COM 939640108 1,820 5,016 SH SOLE 0 0 5,016 WEATHERFORD INTL (BERMUDA) COM H27013103 687 54,200 SH SOLE 0 0 54,200 XYLEM INC COM 98419M100 754 29,990 SH SOLE 0 0 29,990 YM BIOSCIENCES COM 984238105 27 15,000 SH SOLE 0 0 15,000 ZALICUS INC COM 98887C105 7 10,000 SH SOLE 0 0 10,000 3M COMPANY COM 88579Y101 10,058 108,840 SH SOLE 0 0 108,840 CALL MEAD JOHNSON OCT 75 OPT 8J08826 15 14,800 SH SOLE 0 0 14,800 Line Count: 255