PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 03/31/2015

Position Statistics

Total Positions 181
New Positions 11
Increased Positions 93
Decreased Positions 66
Positions with Activity 159
Sold Out Positions 8
Total Mkt Value (in $ millions) 801

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

Sector Weighting

Basic Materials 0.66%
Capital Goods 4.6%
Conglomerates
Consumer Cyclical 9.25%
Consumer/Non-Cyclical 3.55%
Energy 1.68%
Financial 33.17%
Healthcare 5.62%
Services 26.31%
Technology 9.65%
Transportation 1.86%
Utilities 0.29%

93 INCREASED Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 2,867 22 .77 138,435
BLOCK H & R INC COM 2,836 20 .71 89,904
EXXON MOBIL CORP COM 2,807 49 1.78 31,593
DEERE & CO COM 2,738 27 1.00 29,960
U S G CORP COM NEW 2,547 40 1.59 93,927
AGILYSYS INC COM 2,497 200 8.70 275,000
HARVEST CAP CR CORP COM 2,480 1,286 107.71 182,593
UNITED TECHNOLOGIES CORP COM 2,478 30 1.21 21,469
ROYCE VALUE TR INC COM 2,319 160 7.39 162,419
AWARE INC MASS COM 2,270 260 12.96 548,291
VERIZON COMMUNICATIONS INC COM 2,242 16 .70 44,483
3M CO COM 2,225 237 11.89 14,114
UFP TECHNOLOGIES INC COM 2,168 165 8.26 107,824
NCR CORP NEW COM 1,926 15 .77 68,550
EXA CORP COM 1,833 646 54.41 165,150
ITT CORP NEW COM NEW 1,559 46 3.01 38,701
FIRST BANK WILLIAMSTOWN NJ COM 1,512 160 11.85 236,915
ENTEGRA FINL CORP COM 1,480 842 132.09 93,066
DATAWATCH CORP COM NEW 1,448 307 26.85 197,300
LRAD CORP COM 1,431 676 89.42 588,900