First Wilshire Securities Management

First Wilshire Securities Management as of Dec. 31, 2011

Portfolio Holdings for First Wilshire Securities Management

First Wilshire Securities Management holds 180 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Rent-A-Center (UPBD) 6.2 $34M 917k 37.00
American Water Works (AWK) 6.0 $33M 1.0M 31.86
Companhia de Saneamento Basi (SBS) 5.3 $29M 517k 55.65
Nature's Sunshine Prod. (NATR) 3.7 $20M 1.3M 15.52
Tupperware Brands Corporation (TUP) 3.6 $20M 353k 55.97
Innospec (IOSP) 3.5 $19M 685k 28.07
Atlantic Tele-Network 3.5 $19M 485k 39.05
Cash America International 3.5 $19M 404k 46.63
Federal Agricultural Mortgage (AGM) 3.3 $18M 1.0M 18.02
Owens-Illinois 3.1 $17M 870k 19.38
Imax Corp Cad (IMAX) 2.6 $14M 786k 18.33
DeVry 2.5 $14M 350k 38.46
Windstream Corporation 2.2 $12M 1.0M 11.74
JINPAN International 1.9 $11M 1.3M 8.11
American Greetings Corporation 1.9 $10M 829k 12.51
Travelers Companies (TRV) 1.8 $9.7M 165k 59.17
Endurance Specialty Hldgs Lt 1.8 $9.7M 253k 38.25
Pfizer (PFE) 1.7 $9.5M 438k 21.64
Service Corporation International (SCI) 1.6 $8.6M 805k 10.65
East West Ban (EWBC) 1.4 $7.8M 395k 19.75
Zhongpin 1.4 $7.6M 896k 8.52
Mobile Mini 1.3 $7.3M 417k 17.45
Carriage Services (CSV) 1.3 $7.2M 1.3M 5.60
Fushi Copperweld 1.2 $6.4M 855k 7.52
Chinacast Education Corporation (CAST) 1.1 $5.8M 952k 6.12
Wilshire Ban 1.0 $5.3M 1.5M 3.63
Andersons (ANDE) 0.9 $4.8M 109k 43.66
MDU Resources (MDU) 0.9 $4.7M 218k 21.46
Asta Funding 0.8 $4.6M 581k 7.98
Manitex International (MNTX) 0.8 $4.6M 1.1M 4.24
National Western Life Insurance Company 0.8 $4.6M 34k 136.17
Exceed Company 0.8 $4.5M 929k 4.90
CenturyLink 0.8 $4.5M 120k 37.20
China Fund (CHN) 0.8 $4.3M 210k 20.51
Lincoln Educational Services Corporation (LINC) 0.7 $4.0M 509k 7.90
Inventure Foods 0.7 $4.0M 1.1M 3.74
Axis Capital Holdings (AXS) 0.7 $3.8M 119k 31.96
Renaissance Re Holdings Ltd Cmn (RNR) 0.7 $3.6M 49k 74.38
General Electric Company 0.7 $3.7M 204k 17.91
Seagate Technology Com Stk 0.7 $3.5M 215k 16.40
Helen Of Troy (HELE) 0.6 $3.0M 99k 30.70
Frontier Communications 0.6 $3.0M 590k 5.15
Bbcn Ban 0.6 $3.0M 321k 9.45
First Cash Financial Services 0.6 $3.0M 85k 35.09
MCG Capital Corporation 0.6 $3.0M 747k 3.99
Garmin (GRMN) 0.6 $3.0M 76k 39.81
Motorcar Parts of America (MPAA) 0.5 $2.9M 381k 7.50
Humana (HUM) 0.5 $2.6M 29k 87.61
Acme United Corporation (ACU) 0.5 $2.6M 269k 9.50
Greater China Fund 0.4 $2.3M 225k 10.07
Methanex Corp (MEOH) 0.4 $2.3M 101k 22.82
Ez (EZPW) 0.4 $2.1M 81k 26.37
America's Car-Mart (CRMT) 0.4 $2.0M 52k 39.17
Casual Male Retail 0.4 $2.1M 609k 3.42
Farmers Natl Banc Corp (FMNB) 0.4 $2.0M 413k 4.95
Discover Financial Services (DFS) 0.4 $1.9M 81k 24.00
ePlus (PLUS) 0.4 $2.0M 70k 28.28
Nutraceutical Int'l 0.4 $2.0M 175k 11.32
Nuveen CA Div Adv Muni Fd 3 Ben Int 0.4 $1.9M 143k 13.51
Educational Development Corporation (EDUC) 0.3 $1.9M 383k 5.01
Central Garden & Pet (CENT) 0.3 $1.8M 226k 8.16
Unitil Corporation (UTL) 0.3 $1.9M 66k 28.38
Chindex International 0.3 $1.8M 212k 8.52
Duke Energy Corporation 0.3 $1.7M 78k 22.00
Thai Capital Fund 0.3 $1.7M 192k 8.59
ConocoPhillips (COP) 0.3 $1.6M 22k 72.86
Dorman Products (DORM) 0.3 $1.5M 41k 36.94
Nuveen CA Dividend Advantage Muni. Fund (NAC) 0.3 $1.5M 103k 14.24
MetLife (MET) 0.2 $1.3M 43k 31.19
China Pharma Holdings 0.2 $1.4M 2.1M 0.67
Transcend Services 0.2 $1.2M 51k 23.73
Winner Medical 0.2 $1.1M 445k 2.58
First Trust Spclty Fin & Fncl Opptnts (FGB) 0.2 $1.2M 184k 6.30
Cisco Systems (CSCO) 0.2 $1.1M 61k 18.08
Bank of Commerce Holdings 0.2 $1.1M 315k 3.35
Shiner International 0.2 $1.0M 2.6M 0.40
HopFed Ban 0.2 $922k 143k 6.45
Microsoft Corporation (MSFT) 0.2 $896k 35k 25.97
Eli Lilly & Co. (LLY) 0.2 $852k 21k 41.56
Miller Industries (MLR) 0.2 $882k 56k 15.73
CIGNA Corporation 0.1 $798k 19k 42.00
Lannett Company 0.1 $812k 184k 4.42
PRGX Global 0.1 $843k 142k 5.95
Yucheng Technologies 0.1 $829k 368k 2.25
Crawford & Company (CRD.A) 0.1 $803k 197k 4.07
WPCS International Incorporated (WPCS) 0.1 $803k 478k 1.68
Spectra Energy 0.1 $764k 25k 30.74
Heelys 0.1 $781k 422k 1.85
Benihana 0.1 $695k 68k 10.23
Nuveen California Performanc Plus Mun (NCP) 0.1 $686k 46k 14.86
Span-America Medical Systems 0.1 $688k 48k 14.30
Sutron Corp C ommon 0.1 $698k 137k 5.10
Exxon Mobil Corporation (XOM) 0.1 $660k 7.8k 84.71
PetSmart 0.1 $649k 13k 51.30
GATX Corporation (GATX) 0.1 $646k 15k 43.68
CCA Industries (CAWW) 0.1 $638k 134k 4.75
MicroFinancial Incorporated 0.1 $634k 109k 5.82
Singapore Fund (SGF) 0.1 $629k 58k 10.91
Nuveen Insured CA Dividend Adv Muni Fund (NKL) 0.1 $660k 41k 16.08
Nuveen Insured CA Premium Inc Fd II 0.1 $673k 43k 15.59
Nuveen Ca Div Advantg Mun 0.1 $679k 46k 14.75
Pro-dex Inc Colo equity (PDEX) 0.1 $667k 271k 2.46
Bank of America Corporation (BAC) 0.1 $572k 103k 5.56
Royal Caribbean Cruises (RCL) 0.1 $594k 24k 24.75
BofI Holding 0.1 $588k 36k 16.25
inTEST Corporation (INTT) 0.1 $608k 219k 2.78
At&t (T) 0.1 $549k 18k 30.26
CVS Caremark Corporation (CVS) 0.1 $520k 13k 40.78
International Business Machines (IBM) 0.1 $552k 3.0k 184.00
Montpelier Re Holdings/mrh 0.1 $556k 31k 17.76
Overhill Farms 0.1 $530k 143k 3.71
Nuveen California Select Qlty Mun Inc Fu 0.1 $558k 37k 15.08
Genesee & Wyoming 0.1 $515k 8.5k 60.59
John B. Sanfilippo & Son (JBSS) 0.1 $472k 63k 7.55
LGL (LGL) 0.1 $473k 65k 7.34
Monsanto Company 0.1 $420k 6.0k 70.00
Johnson & Johnson (JNJ) 0.1 $430k 6.6k 65.65
Archer Daniels Midland Company (ADM) 0.1 $429k 15k 28.60
India Fund (IFN) 0.1 $430k 23k 19.02
Anadarko Petroleum Corporation 0.1 $443k 5.8k 76.38
Kirby Corporation (KEX) 0.1 $428k 6.5k 65.85
QC Holdings (QCCO) 0.1 $459k 114k 4.02
Hartford Financial Services (HIG) 0.1 $362k 22k 16.23
Peabody Energy Corporation 0.1 $397k 12k 33.08
FMC Technologies 0.1 $387k 7.4k 52.30
Wells Fargo & Company (WFC) 0.1 $402k 15k 27.53
Intel Corporation (INTC) 0.1 $364k 15k 24.27
Alaska Air (ALK) 0.1 $375k 5.0k 75.00
Hornbeck Offshore Services 0.1 $371k 12k 31.05
Arlington Asset Investment 0.1 $360k 17k 21.34
China Information Technology 0.1 $396k 628k 0.63
Yongye International 0.1 $373k 106k 3.52
Whole Foods Market 0.1 $348k 5.0k 69.60
Hanmi Financial 0.1 $331k 45k 7.41
US Ecology 0.1 $321k 17k 18.77
iShares S&P SmallCap 600 Growth (IJT) 0.1 $309k 4.2k 74.46
Honeywell International (HON) 0.1 $283k 5.2k 54.42
Healthcare Services (HCSG) 0.1 $290k 16k 17.69
Korea (KF) 0.1 $253k 7.1k 35.80
NetSol Technologies 0.1 $294k 699k 0.42
Nuveen California Municipal Market Op (NCO) 0.1 $278k 19k 14.63
Acadia Healthcare (ACHC) 0.1 $250k 25k 9.96
Avon Products 0.0 $196k 11k 17.50
Freeport-McMoRan Copper & Gold (FCX) 0.0 $221k 6.0k 36.83
American Capital 0.0 $212k 32k 6.73
Cleco Corporation 0.0 $219k 5.8k 38.09
GP Strategies Corporation 0.0 $227k 17k 13.49
Seabright Holdings 0.0 $239k 31k 7.66
Korea Equity Fund 0.0 $205k 23k 9.09
Japan Smaller Capitalizaion Fund (JOF) 0.0 $216k 30k 7.17
BlackRock MuniYield California Fund 0.0 $192k 13k 15.11
H&R Block (HRB) 0.0 $163k 10k 16.30
Commercial Metals Company (CMC) 0.0 $155k 11k 13.84
Nam Tai Electronics 0.0 $160k 30k 5.32
Southwest Airlines (LUV) 0.0 $156k 18k 8.55
Mannatech 0.0 $140k 318k 0.44
Universal Power (UPG) 0.0 $165k 86k 1.92
Rrsat Global Comm Ntwrk 0.0 $140k 37k 3.83
Nuveen Ca Invt Quality Mun F 0.0 $178k 12k 14.71
Nuveen Calif Prem Income Mun 0.0 $149k 11k 14.19
21st Century Holding (TCHC) 0.0 $144k 49k 2.96
Nokia Corporation (NOK) 0.0 $121k 25k 4.82
Stewart Enterprises 0.0 $104k 18k 5.78
Horsehead Holding 0.0 $131k 15k 9.03
PetMed Express (PETS) 0.0 $125k 12k 10.42
Japan Equity Fund 0.0 $111k 22k 5.00
New Ireland Fund 0.0 $105k 15k 6.92
Malaysia Fund 0.0 $130k 15k 8.99
KSW (KSW) 0.0 $48k 15k 3.31
Barnwell Industries (BRN) 0.0 $69k 26k 2.69
China Housing & Land Development 0.0 $61k 61k 0.99
Sutor Technology 0.0 $55k 50k 1.09
Simulations Plus (SLP) 0.0 $46k 16k 2.97
LML Payment Systems 0.0 $50k 21k 2.34
Corinthian Colleges 0.0 $26k 12k 2.14
China BAK Battery 0.0 $17k 27k 0.62
Wowjoint Holdings Limited *w exp 05/15/201 0.0 $1.0k 50k 0.02
Grubb & Ellis Company 0.0 $2.9k 26k 0.11
Advanced Photonix 0.0 $17k 30k 0.57
China GengSheng Minerals (CHGS) 0.0 $9.0k 13k 0.71