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) 739

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

Sector Weighting

Basic Materials 0.61%
Capital Goods 5.03%
Conglomerates
Consumer Cyclical 7.7%
Consumer/Non-Cyclical 3.89%
Energy 2.14%
Financial 33.26%
Healthcare 5.4%
Services 29.26%
Technology 9.89%
Transportation 1.46%
Utilities 0.38%

159 Activity 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 16,204 -277 (1.68) 149,963
NAUTILUS INC COM 14,102 -1,754 (11.06) 1,176,180
PZENA INVESTMENT MGMT INC CLASS A 13,080 -122 (0.93) 1,345,650
FRANKLIN COVEY CO COM 12,643 -348 (2.68) 664,730
JOURNAL COMMUNICATIONS INC CL A 11,955 2,103 21.35 1,216,133
NATURAL GAS SERVICES GROUP COM 10,793 -36 (0.34) 366,496
INTL FCSTONE INC COM 10,337 -58 (0.56) 538,649
HOME LN SERVICING SOLUTIONS LT ORD SHS 10,277 99 .97 469,933
CARMIKE CINEMAS INC COM 9,929 -1,830 (15.56) 294,554
GENTHERM INC COM 9,457 -103 (1.08) 195,595
DOUGLAS DYNAMICS INC COM 9,415 -26 (0.27) 475,967
BLACKROCK RES & COMM STRAT TR SHS 9,331 134 1.46 762,348
DESTINATION XL GROUP INC COM 9,110 -35 (0.38) 1,832,946
SPOK HLDGS INC COM 8,568 -63 (0.73) 581,652
U S PHYSICAL THERAPY INC COM 8,453 323 3.97 237,922
TECHTARGET INC COM 8,390 3,402 68.21 968,875
MADISON CVRED CALL & EQ STR FD COM 8,248 -605 (6.84) 936,246
COHEN & STEERS INFRASTRUCTURE COM 8,189 99 1.23 334,121
HORACE MANN EDUCATORS CORP NEW COM 8,096 1,443 21.68 271,662
LITHIA MTRS INC CL A 8,053 -3,693 (31.44) 92,674