PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

3601 W. 76TH STREET, EDINA, Minnesota, 55435, (952) 224-4350

Report Date: 06/30/2014

Position Statistics

Total Positions 184
New Positions 10
Increased Positions 87
Decreased Positions 72
Positions with Activity 159
Sold Out Positions 11
Total Mkt Value (in $ millions) 729

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.65%
Capital Goods 4.91%
Conglomerates
Consumer Cyclical 7.34%
Consumer/Non-Cyclical 3.73%
Energy 2.34%
Financial 33.78%
Healthcare 5.46%
Services 29.19%
Technology 9.77%
Transportation 1.47%
Utilities 0.38%

184 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ISHARES TR S&P 500 GRWT ETF 15,926 -273 (1.68) 149,963
PZENA INVESTMENT MGMT INC CLASS A 14,869 -139 (0.93) 1,345,650
FRANKLIN COVEY CO COM 12,497 -344 (2.68) 664,730
NAUTILUS INC COM 12,232 -1,521 (11.06) 1,176,180
NATURAL GAS SERVICES GROUP COM 11,754 -40 (0.34) 366,496
INTL FCSTONE INC COM 10,482 -59 (0.56) 538,649
HOME LN SERVICING SOLUTIONS LT ORD SHS 10,433 100 .97 469,933
JOURNAL COMMUNICATIONS INC CL A 10,386 1,827 21.35 1,216,133
BLACKROCK RES & COMM STRAT TR SHS 9,430 136 1.46 762,348
DESTINATION XL GROUP INC COM 9,366 -36 (0.38) 1,832,946
CARMIKE CINEMAS INC COM 9,317 -1,717 (15.56) 294,554
GENTHERM INC COM 9,119 -99 (1.08) 195,595
LITHIA MTRS INC CL A 8,544 -3,918 (31.44) 92,674
SPOK HLDGS INC COM 8,486 -62 (0.73) 581,652
U S PHYSICAL THERAPY INC COM 8,270 316 3.97 237,922
FIVE STAR QUALITY CARE INC COM 8,220 -15 (0.19) 1,745,279
MADISON CVRED CALL & EQ STR FD COM 8,202 -602 (6.84) 936,246
DOUGLAS DYNAMICS INC COM 8,163 -22 (0.27) 475,967
CALLAWAY GOLF CO COM 8,160 -10 (0.12) 1,043,451
COHEN & STEERS INFRASTRUCTURE COM 8,082 98 1.23 334,121