PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 178
New Positions 7
Increased Positions 102
Decreased Positions 58
Positions with Activity 160
Sold Out Positions 8
Total Mkt Value (in $ millions) 792

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

Sector Weighting

Basic Materials 0.57%
Capital Goods 4.67%
Conglomerates
Consumer Cyclical 8.71%
Consumer/Non-Cyclical 3.63%
Energy 1.4%
Financial 34.44%
Healthcare 5.38%
Services 27.09%
Technology 9.8%
Transportation 1.85%
Utilities 0.51%

102 INCREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
INTL FCSTONE INC COM 15,686 386 2.52 554,283
JOURNAL COMMUNICATIONS INC CL A 14,758 172 1.18 1,235,005
PZENA INVESTMENT MGMT INC CLASS A 14,082 2,604 22.69 1,658,667
FRANKLIN COVEY CO COM 12,074 193 1.63 676,389
TECHTARGET INC COM 11,979 201 1.71 988,405
CARMIKE CINEMAS INC COM 11,787 2,744 30.34 368,242
CALLAWAY GOLF CO COM 11,772 2,232 23.40 1,299,361
SPOK HLDGS INC COM 11,207 271 2.48 599,637
DOUGLAS DYNAMICS INC COM 9,452 498 5.56 416,023
HORACE MANN EDUCATORS CORP NEW COM 9,273 358 4.01 285,137
LITHIA MTRS INC CL A 9,182 297 3.35 96,338
HOME LN SERVICING SOLUTIONS LT ORD SHS 9,142 65 .72 492,311
GENTHERM INC COM 9,080 215 2.43 194,310
DESTINATION XL GROUP INC COM 8,920 273 3.16 1,897,941
MONOTYPE IMAGING HOLDINGS INC COM 8,485 474 5.91 262,298
NATURAL GAS SERVICES GROUP COM 8,322 1,200 16.85 429,874
WESTWOOD HLDGS GROUP INC COM 8,194 1,775 27.65 129,680
CORENERGY INFRASTRUCTURE TR IN COM 8,080 3,126 63.11 1,179,509
COHEN & STEERS INFRASTRUCTURE COM 8,053 428 5.61 347,100
ROUSE PPTYS INC COM 7,951 279 3.63 458,779