Grace & White

Grace & White as of June 30, 2012

Portfolio Holdings for Grace & White

Grace & White holds 0 positions in its portfolio as reported in the June 2012 quarterly 13F filing

                {C}      {C}                    {C}
                              GRACE & WHITE, INC.
                          FORM 13F INFORMATION TABLE
                             AS OF DATE: 06/30/12
{S}   {C}   {C}   {C}   {C}  {C}   {C}     {C}   {C}     {C}   {C}     {C}
                                                            VALUE   SHARES/ SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
  NAME OF ISSUER               TITLE OF CLASS    CUSIP    (x$1000)  PRN AMT PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------

ABERDEEN ASSET MGMT PLC UK ORD COM              G00434111       42    10250 SH       SOLE                        0        0    10250
ACCO BRANDS CORP COM           COM              00081T108     1107   107036 SH       SOLE                    20974        0    86062
ACCO BRANDS CORP COM           COM              00081T108        7      649 SH       OTHER                       0        0      649
AEGON N V NY REGISTRY SH       COM              007924103      915   198000 SH       SOLE                    18000        0   180000
AEGON N V PFD PER 6.875%       PREFERRED STOCKS N00927306     1101    44416 SH       SOLE                    13216        0    31200
AEGON N V SUB NT 8%42          PREFERRED STOCKS 007924608      694    26300 SH       SOLE                    11800        0    14500
AEGON NV                       COM              5927375          0    50303 SH       SOLE                        0        0    50303
ALAMO GROUP INC COM            COM              011311107     2600    82888 SH       SOLE                     5800        0    77088
ALLIANCE BANKSHARES CORP COM   COM              018535104     1559   362522 SH       SOLE                    39603        0   322919
ALLIANT CORP COM               COM              018802108    12310   270143 SH       SOLE                    67314        0   202829
ALLIANT CORP COM               COM              018802108       73     1600 SH       OTHER                       0        0     1600
ALLSTATE CORP                  COM              020002101      551    15690 SH       SOLE                        0        0    15690
ALTERRA CAPITAL HOLDINGS LTD   COM              G0229R108     8775   375819 SH       SOLE                    41100        0   334719
AMERICAN WOODMARK CORP COM     COM              030506109     3529   206370 SH       SOLE                    22115        0   184255
AMR CORP DEL COM               COM              001765106        6    11200 SH       SOLE                        0        0    11200
APPLIED INDL TECHNLGIES INC CO COM              03820C105    11760   319134 SH       SOLE                    31125        0   288009
ARGO GROUP INTL HLDGS LTD COM  COM              G0464B107     5087   173781 SH       SOLE                    18612        0   155169
ASIA FINANCIAL HOLDINGS LTD SH COM              G0532X107     4068 10882915 SH       SOLE                  1728586        0  9154329
ASTRO-MED INC NEW COM          COM              04638F108      983   123436 SH       SOLE                    59600        0    63836
ATMOS ENERGY CORP COM          COM              049560105     5153   146940 SH       SOLE                    38800        0   108140
ATMOS ENERGY CORP COM          COM              049560105       35     1000 SH       OTHER                       0        0     1000
BANG & OLUFSEN HLG ORD B       COM              K07774126     1248   116412 SH       SOLE                    47556        0    68856
BASSETT FURNITURE INDS INC COM COM              070203104     1406   136362 SH       SOLE                    25365        0   110997
BCSB BANCORP INC COM           COM              055367106      222    16429 SH       SOLE                     8292        0     8137
BERKLEY W R CORP COM           COM              084423102      947    24322 SH       SOLE                        0        0    24322
BOEING CO                      COM              097023105     3797    51100 SH       SOLE                    20000        0    31100
BRISTOL MYERS SQUIBB CO        COM              110122108     1048    29163 SH       SOLE                    22693        0     6470
BROADWAY FINL CORP DEL COM     COM              111444105       61    49890 SH       SOLE                     2700        0    47190
BRUNSWICK BANCORP INC COM      COM              117030106      126    25816 SH       SOLE                    25816        0        0
CALLAWAY GOLF CO COM           COM              131193104     5528   935342 SH       SOLE                   173225        0   762117
CALLAWAY GOLF CO COM           COM              131193104       17     2800 SH       OTHER                       0        0     2800
CAPITAL SOUTHWEST CORP COM     COM              140501107     3547    34489 SH       SOLE                      300        0    34189
CARROLLTON BANCORP COM         COM              145282109      134    25070 SH       SOLE                     5800        0    19270
CASTLE A M & CO                COM              148411101     5008   471541 SH       SOLE                    14500        0   457041
CFS BANCORP INC COM            COM              12525D102     1722   345864 SH       SOLE                   113651        0   232213
CFS BANCORP INC COM            COM              12525D102       15     3000 SH       OTHER                       0        0     3000
CHUBB CORP                     COM              171232101     1413    19400 SH       SOLE                        0        0    19400
CHUBU NIPPON BROADCAST CO LTSH COM              J06594105     2490   436737 SH       SOLE                    30900        0   405837
CIMAREX ENERGY CO COM          COM              171798101     2897    52558 SH       SOLE                     5400        0    47158
CLIFTON SVGS BANCORP INC COM   COM              18712Q103     2768   265869 SH       SOLE                    70521        0   195348
COCA COLA CO COM               COM              191216100     1316    16833 SH       SOLE                    13300        0     3533
COLONIAL FINANCIAL SERVICES    COM              19566B101     4192   320239 SH       SOLE                    48086        0   272153
CONOCOPHILLIPS COM             COM              20825C104      493     8830 SH       SOLE                     3822        0     5008
CONSOLIDATED TOMOKA LD CO COM  COM              210226106     1175    40834 SH       SOLE                    11600        0    29234
CORTS TR 111 PROVIDENT FING CO COM              22081P209      744    28150 SH       SOLE                    10850        0    17300
CORTS TR II PROVIDENT FING TCO PREFERRED STOCKS 22081B200     2026    75395 SH       SOLE                    17325        0    58070
CORTS TR PROVIDENT FING TR ICR PREFERRED STOCKS 22080X203      802    29065 SH       SOLE                     7550        0    21515
CURRENCYSHARES EURO TRUST      COM              23130C108      869     6900 SH       SOLE                     1400        0     5500
CYBEX INTL INC COM             COM              23252E106     2400  1481232 SH       SOLE                   261622        0  1219610
DAWSON GEOPHYSICAL CO COM      COM              239359102     2128    89317 SH       SOLE                    11900        0    77417
EKORNES ASA ORD                COM              R20126109     1229    85975 SH       SOLE                    33075        0    52900
EMC INS GROUP INC              COM              268664109     2686   132946 SH       SOLE                    42309        0    90637
EMC INS GROUP INC              COM              268664109       30     1500 SH       OTHER                       0        0     1500
ENERPLUS CORPORATION           COM              292766102     8456   657033 SH       SOLE                   151884        0   505149
ENERPLUS CORPORATION           COM              292766102       19     1500 SH       OTHER                       0        0     1500
EVEREST RE GROUP               COM              G3223R108    11811   114129 SH       SOLE                    20050        0    94079
EXPRESS SCRIPTS HOLDING COMPAN COM              30219G108     1319    23631 SH       SOLE                    19724        0     3907
EXXON MOBIL CORPORATION        COM              30231G102    13185   154081 SH       SOLE                    95118        0    58963
FAIRBORNE ENERGY LTD           COM              303623102     3459  2448840 SH       SOLE                   319775        0  2129065
FAIRFAX FINL HLDGS LTD CONINGE WARRANT AND RIGH 303901110        0    41000 SH       SOLE                        0        0    41000
FIBRIA CELULOSE S.A. SP ADR    COM              31573A109     4305   574828 SH       SOLE                    91462        0   483366
FOREST CITY ENTERPRISES CLASS  COM              345550107     7984   546865 SH       SOLE                    32673        0   514192
FOREST CITY ENTERPRISES CLASS  COM              345550305      324    22300 SH       SOLE                        0        0    22300
FOREST CITY ENTERPRISES INC SR COM              345550404     1897    79770 SH       SOLE                     8670        0    71100
FREQUENCY ELECTRS INC COM      COM              358010106     2693   330409 SH       SOLE                    51700        0   278709
FRIEDMAN INDS INC              COM              358435105      473    46545 SH       SOLE                    12600        0    33945
FUEL SYS SOLUTIONS INC COM     COM              35952W103     6501   389527 SH       SOLE                    40900        0   348627
GASFRAC ENERGY SVCS INC COM    COM              367257201     2342   772800 SH       SOLE                    99000        0   673800
GENERAL DYNAMICS CORP COM      COM              369550108      528     8000 SH       SOLE                        0        0     8000
GENERAL ELEC CO                COM              369604103      544    26096 SH       SOLE                        0        0    26096
GETTY RLTY CORP NEW COM        COM              374297109      245    12804 SH       SOLE                        0        0    12804
GIVAUDAN AG GDR                COM              H3238Q102      252      257 SH       SOLE                        0        0      257
GLOBAL TECH ADVANCED INNOVATIO COM              G39320117      725   131998 SH       SOLE                    35272        0    96726
GORMAN RUPP CO                 COM              383082104    10866   364621 SH       SOLE                    67339        0   297282
GORMAN RUPP CO                 COM              383082104      102     3416 SH       OTHER                       0        0     3416
H & Q HEALTHCARE FD SH BEN INT MUTUAL FUNDS     404052102      225    13038 SH       SOLE                     6332        0     6706
H & Q LIFE SCIENCES INVS SH BE COM              404053100      491    33062 SH       SOLE                    17437        0    15625
HAMPDEN BANCORP INC COM        COM              40867E107      655    50638 SH       SOLE                     5287        0    45351
HANOVER INS GROUP INC COM      COM              410867105      778    19875 SH       SOLE                     8475        0    11400
HELMERICH & PAYNE INC          COM              423452101     6433   147945 SH       SOLE                    18400        0   129545
HESS CORP COM                  COM              42809H107      351     8070 SH       SOLE                        0        0     8070
HMN FINL INC COM               COM              40424G108      622   207410 SH       SOLE                    35100        0   172310
HOLMEN AB SHS B                COM              W4200N112     3609   132650 SH       SOLE                    23650        0   109000
HUGOTON RTY TR TEX UNIT BEN IN COM              444717102     2398   307081 SH       SOLE                    79581        0   227500
INGREDION INC COM              COM              457187102     3486    70400 SH       SOLE                     8600        0    61800
INVESTORS REAL ESTATE TR SH BE COM              461730103     3147   396814 SH       SOLE                   116448        0   280366
JOHNSON & JOHNSON COM          COM              478160104     3812    56420 SH       SOLE                        0        0    56420
JONES GROUP INC COM            COM              48020T101     7687   804067 SH       SOLE                    98600        0   705467
KEWEENAW LD ASSN LTD COM       COM              493026108      246     3280 SH       SOLE                        0        0     3280
KID BRANDS, INC. COM           COM              49375T100     1824   911866 SH       SOLE                   128667        0   783199
KIMBALL INTL INC CL B          COM              494274103     4774   620002 SH       SOLE                   111863        0   508139
KIMCO RLTY CORP COM            COM              49446R109     4921   258602 SH       SOLE                    26400        0   232202
LASALLE RE HLDGS LTD PFD A     PREFERRED STOCKS G5383Q119        6    40700 SH       SOLE                    13000        0    27700
LECHTERS INC 20010927          CONVERTIBLE BOND U52323AA7        0   385000 PRN      SOLE                    35000        0   350000
LIBERTY GLOBAL INC COM SER A   COM              530555101      369     7445 SH       SOLE                      553        0     6892
LUBYS CAFETERIAS INC COM       COM              549282101     1363   203427 SH       SOLE                    54725        0   148702
LUFKIN INDS INC COM            COM              549764108      304     5590 SH       SOLE                     4790        0      800
LYDALL INC COM                 COM              550819106     9171   678323 SH       SOLE                    37695        0   640628
MAGAL SECURITY SYS LTD ORD     COM              M6786D104     3954  1037781 SH       SOLE                   148776        0   889005
MANULIFE FINL CORP COM         COM              56501R106     3231   296700 SH       SOLE                    48000        0   248700
MCLEODUSA INC CL A             COM              582266706        0    41990 SH       SOLE                    41757        0      233
MEADWESTVACO CORPORATION       COM              583334107     9335   324695 SH       SOLE                    63637        0   261058
MEADWESTVACO CORPORATION       COM              583334107       57     1970 SH       OTHER                       0        0     1970
MERCK & COMPANY                COM              58933Y105     4156    99534 SH       SOLE                    77800        0    21734
METLIFE INC COM                COM              59156R108      617    20000 SH       SOLE                        0        0    20000
MFS GOVT MKTS INCOME TR SH BEN MUTUAL FUNDS     552939100     1675   241701 SH       SOLE                    36374        0   205327
MFS INTERMARKET INCOME TR I SH COM              59318R103     1423   168958 SH       SOLE                    38030        0   130928
MGE ENERGY INC                 COM              55277P104      896    18943 SH       SOLE                     4718        0    14225
MICROSOFT CORP COM             COM              594918104      354    11575 SH       SOLE                        0        0    11575
MS^AD INS GP HLDG (8725-JP)    COM              J4687C105     1709    98577 SH       SOLE                    47110        0    51467
MUELLER PAUL CO                COM              624752101      297    12377 SH       SOLE                     2000        0    10377
MUNICH RE AG-REG               FOREIGN COMMON S 5294121        429     3519 SH       SOLE                        0        0     3519
MURPHY OIL CORP COM            COM              626717102     3234    64300 SH       SOLE                    14600        0    49700
MURPHY OIL CORP COM            COM              626717102       30      600 SH       OTHER                       0        0      600
NAUGATUCK VY FINL CORP         COM              63906P107     2869   372662 SH       SOLE                   102996        0   269666
NEW YORK & CO INC COM          COM              649295102     1081   310731 SH       SOLE                    48000        0   262731
NORTH VALLEY BANCORP COM NEW   COM              66304M204      226    17100 SH       SOLE                     3820        0    13280
NUCOR CORP                     COM              670346105    11033   291117 SH       SOLE                    48123        0   242994
OLD REP INTL CORP COM          COM              680223104      563    67925 SH       SOLE                     3850        0    64075
ORION ENERGY SYSTEMS INC COM   COM              686275108      152    68910 SH       SOLE                        0        0    68910
ORION MARINE GROUP INC COM     COM              68628V308     2232   320726 SH       SOLE                    10200        0   310526
ORYX INTERNATIONAL GROWTH FUND COM              G6775Y108      479   150000 SH       SOLE                        0        0   150000
OXFORD INDS INC COM            COM              691497309     2448    54757 SH       SOLE                    15390        0    39367
OXFORD INDS INC COM            COM              691497309       54     1200 SH       OTHER                       0        0     1200
PATTERSON-UTI ENERGY INC COM   COM              703481101     4685   321786 SH       SOLE                    10000        0   311786
PENGROWTH ENERGY CORPORATION   COM              70706P104     5614   881275 SH       SOLE                   291782        0   589493
PENGROWTH ENERGY CORPORATION   COM              70706P104       11     1696 SH       OTHER                       0        0     1696
PENN WEST PETROLEUM LTD        COM              707887105     7529   562286 SH       SOLE                   120790        0   441496
PENN WEST PETROLEUM LTD        COM              707887105       31     2300 SH       OTHER                       0        0     2300
PEOPLES UNITED FINANCIAL INCCO COM              712704105     1040    89541 SH       SOLE                        0        0    89541
PEPSICO INC                    COM              713448108     4632    65550 SH       SOLE                    24750        0    40800
PFIZER INC COM                 COM              717081103      366    15892 SH       SOLE                        0        0    15892
PHOENIX COS INC NEW COM        COM              71902E109     2299  1242762 SH       SOLE                    82700        0  1160062
PHOENIX COS INC NEW QUIBS 2032 PREFERRED STOCKS 71902E208     3344   152005 SH       SOLE                    54924        0    97081
PROCTER & GAMBLE COMPANY       COM              742718109      268     4368 SH       SOLE                        0        0     4368
REEVES TELECOM LTD PARTNERSHPA COM              75865P100       35   233507 SH       SOLE                   200807        0    32700
ROCHE HLDG LTD DIV RIGHTS CERT WARRANT AND RIGH H69293217     4321    25000 SH       SOLE                        0        0    25000
ROYAL DUTCH SHELL PLC SPONS AD COM              780259206     1741    25814 SH       SOLE                      500        0    25314
ROYCE OTC MICRO-CAP FD INC COM COM              780915104      281    31483 SH       SOLE                    26561        0     4922
SCHULMAN A INC COM             COM              808194104     3295   165971 SH       SOLE                    38287        0   127684
SCHULMAN A INC COM             COM              808194104       36     1800 SH       OTHER                       0        0     1800
SI FINANCIAL GROUP INC         COM              78425V104     1565   136060 SH       SOLE                    49350        0    86710
SIGNET JEWELERS LIMITED SHS    COM              G81276100     2799    63600 SH       SOLE                     8100        0    55500
SMUCKER J M CO COM NEW         COM              832696405      216     2862 SH       SOLE                        0        0     2862
STATE AUTO FINL CORP           COM              855707105      692    49267 SH       SOLE                     7800        0    41467
STEPAN CHEMICAL CO             COM              858586100     4948    52533 SH       SOLE                     9700        0    42833
SUNCOKE ENERGY INC COM         COM              86722A103      425    29034 SH       SOLE                     8053        0    20981
SUNOCO INC COM                 COM              86764P109     3046    64128 SH       SOLE                     8456        0    55672
TEMPLETON EMERGING MKTS INCMCO MUTUAL FUNDS     880192109      255    16198 SH       SOLE                        0        0    16198
TEXTAINER GROUP HOLDINGS LTDSH COM              G8766E109     4414   119626 SH       SOLE                    26825        0    92801
TOKIO MARINE HOLDINGS INC      COM              889094108     3913   157195 SH       SOLE                   126670        0    30525
TUESDAY MORNING CORP COM NEW   COM              899035505     4742  1105449 SH       SOLE                   136634        0   968815
UNITED PARCEL SVC INC CL B     COM              911312106     6662    84590 SH       SOLE                        0        0    84590
UNUMPROVIDENT CORP             COM              91529Y106    11575   605091 SH       SOLE                    61665        0   543426
UNUMPROVIDENT CORP             COM              91529Y106       28     1460 SH       OTHER                       0        0     1460
URSTADT BIDDLE PPTYS INC CL A  COM              917286205    11260   569544 SH       SOLE                   115829        0   453715
URSTADT BIDDLE PPTYS INC CL A  COM              917286205       40     2000 SH       OTHER                       0        0     2000
URSTADT BIDDLE PPTYS INS SR PF PREFERRED STOCKS 917286403     1929    18375 SH       SOLE                     5775        0    12600
USA TRUCK INC COM              COM              902925106     4839  1012395 SH       SOLE                    86738        0   925657
VECTREN CORP COM               COM              92240G101     6795   230192 SH       SOLE                    57291        0   172901
VESTAS WIND SYS AS SHS         COM              K9773J128      205    37000 SH       SOLE                        0        0    37000
VESTAS WIND SYS AS UNSP ADR    COM              925458101      199   107700 SH       SOLE                    37500        0    70200
VIASYSTEMS GROUP INC COM       COM              92553H803      708    41618 SH       SOLE                     1917        0    39701
WAL MART STORES INC            COM              931142103      417     5984 SH       SOLE                        0        0     5984
WASHINGTON REAL ESTATE INVT SH COM              939653101     2899   101900 SH       SOLE                    34700        0    67200
WASHINGTON REAL ESTATE INVT SH COM              939653101       26      900 SH       OTHER                       0        0      900
WATSCO INC                     COM              942622200     6354    86100 SH       SOLE                    24100        0    62000
WELLS FARGO & CO PFD FRAC ACAT PREFERRED STOCKS KEK746889        0    97400 SH       SOLE                        0        0    97400
WEST MARINE INC COM            COM              954235107      746    63499 SH       SOLE                     6338        0    57161
WEST PHARMACEUTICAL SVCS INCCO COM              955306105     1939    38406 SH       SOLE                     7016        0    31390
WILLIAMS SONOMA INC COM        COM              969904101     3651   104400 SH       SOLE                    24000        0    80400

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