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 183
New Positions 10
Increased Positions 87
Decreased Positions 71
Positions with Activity 158
Sold Out Positions 10
Total Mkt Value (in $ millions) 713

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 5.02%
Conglomerates
Consumer Cyclical 7.8%
Consumer/Non-Cyclical 4.21%
Energy 2.04%
Financial 33.38%
Healthcare 5.45%
Services 28.86%
Technology 9.83%
Transportation 1.44%
Utilities 0.37%

71 DECREASED 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 16,057 -275 (1.68) 149,963
NAUTILUS INC COM 14,455 -1,797 (11.06) 1,176,180
FRANKLIN COVEY CO COM 13,002 -358 (2.68) 664,730
PZENA INVESTMENT MGMT INC CLASS A 12,864 -120 (0.93) 1,345,650
INTL FCSTONE INC COM 9,389 -53 (0.56) 538,649
CARMIKE CINEMAS INC COM 9,308 -1,715 (15.56) 294,554
GENTHERM INC COM 9,164 -100 (1.08) 195,595
NATURAL GAS SERVICES GROUP COM 9,071 -31 (0.34) 366,496
DESTINATION XL GROUP INC COM 8,926 -34 (0.38) 1,832,946
DOUGLAS DYNAMICS INC COM 8,910 -24 (0.27) 475,967
MADISON CVRED CALL & EQ STR FD COM 7,930 -582 (6.84) 936,246
SPOK HLDGS INC COM 7,660 -56 (0.73) 581,652
CALLAWAY GOLF CO COM 7,648 -9 (0.12) 1,043,451
UNITED FINL BANCORP INC NEW COM 7,488 -52 (0.7) 590,086
CENTURYLINK INC COM 7,298 -48 (0.65) 180,650
J & J SNACK FOODS CORP COM 7,220 -32 (0.44) 76,600
ROUSE PPTYS INC COM 7,219 -34 (0.47) 439,402
LITHIA MTRS INC CL A 7,169 -3,288 (31.44) 92,674
TRUEBLUE INC COM 6,714 -42 (0.62) 265,604
FIVE STAR QUALITY CARE INC COM 6,667 -12 (0.19) 1,745,279