PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 03/31/2013

Position Statistics:

Total Positions 172
New Positions 11
Increased Positions 105
Decreased Positions 47
Positions with Activity 152
Sold Out Positions 7
Total Mkt Value
(in $ millions)
593

Sector Weighting

Basic Materials 0.97%
Capital Goods 4.94%
Conglomerates
Consumer Cyclical 5.28%
Consumer/Non-Cyclical 4.49%
Energy 3.24%
Financial 30.65%
Healthcare 6.6%
Services 29.64%
Technology 12.65%
Transportation
Utilities 1.55%

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

105 INCREASED Positions as of 03/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
TECHTARGET INC COM 2,290 11 .47 531,239
BSB BANCORP INC MD COM 2,273 105 4.84 170,658
PSYCHEMEDICS CORP COM NEW 2,256 201 9.77 196,700
MOCON INC COM 2,242 461 25.85 165,000
SCRIPPS E W CO OHIO CL A NEW 2,143 2,143 New 162,383
ELONG INC SPONSORED ADR 2,126 389 22.36 146,850
CORENERGY INFRASTRUCTURE TR IN COM 2,027 2,027 New 259,596
ROCKY BRANDS INC COM 2,003 82 4.27 125,890
WESTERN UN CO COM 1,966 1,966 New 117,668
CHINA MOBILE LIMITED SPONSORED ADR 1,953 4 .19 35,945
UNITED INS HLDGS CORP COM 1,903 936 96.77 305,000
NATHANS FAMOUS INC NEW COM 1,857 42 2.31 35,514
OFFICIAL PMTS HLDGS INC COM 1,581 94 6.31 246,644
THE ADT CORPORATION COM 1,519 1,519 New 36,886
INTERNET PATENTS CORP COM 1,338 164 13.93 369,544
HORIZON TECHNOLOGY FIN CORP COM 1,317 535 68.34 92,000
FLEXSTEEL INDS INC COM 1,208 1,208 New 54,570
ITT CORP NEW COM NEW 1,181 27 2.31 38,734
UFP TECHNOLOGIES INC COM 1,117 1,117 New 57,214
HOUSTON WIRE & CABLE CO COM 1,115 1,115 New 77,000

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