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) 806

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

Sector Weighting

Basic Materials 0.75%
Capital Goods 4.45%
Conglomerates
Consumer Cyclical 9.8%
Consumer/Non-Cyclical 3.58%
Energy 1.49%
Financial 33.58%
Healthcare 5.87%
Services 26.03%
Technology 9.18%
Transportation 1.85%
Utilities 0.26%

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 2,803 22 .77 138,435
RIGNET INC COM 2,691 .01 87,835
BLOCK H & R INC COM 2,662 19 .71 89,904
EXXON MOBIL CORP COM 2,627 46 1.78 31,593
U S G CORP COM NEW 2,606 41 1.59 93,927
HARVEST CAP CR CORP COM 2,545 1,320 107.71 182,593
AGILYSYS INC COM 2,525 202 8.70 275,000
UNITED TECHNOLOGIES CORP COM 2,352 28 1.21 21,469
ROYCE VALUE TR INC COM 2,230 153 7.39 162,419
UFP TECHNOLOGIES INC COM 2,220 169 8.26 107,824
AWARE INC MASS COM 2,199 252 12.96 548,291
3M CO COM 2,193 233 11.89 14,114
VERIZON COMMUNICATIONS INC COM 2,100 15 .70 44,483
NCR CORP NEW COM 2,058 16 .77 68,550
EXA CORP COM 1,832 645 54.41 165,150
GREEN BRICK PARTNERS INC COM 1,722 1,722 New 144,667
ENTEGRA FINL CORP COM 1,648 938 132.09 93,066
ITT CORP NEW COM NEW 1,596 47 3.01 38,701
KIMBALL INTL INC CL B 1,540 1,540 New 125,000
PFSWEB INC COM NEW 1,458 1,458 New 105,000