PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 180
New Positions 9
Increased Positions 85
Decreased Positions 68
Positions with Activity 153
Sold Out Positions 8
Total Mkt Value (in $ millions) 747

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

Sector Weighting

Basic Materials 0.63%
Capital Goods 4.57%
Conglomerates
Consumer Cyclical 7.93%
Consumer/Non-Cyclical 3.94%
Energy 1.46%
Financial 33.56%
Healthcare 5.29%
Services 29.35%
Technology 9.86%
Transportation 1.6%
Utilities 0.49%

85 INCREASED Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
TRANSCAT INC COM 636 35 5.90 64,600
AROTECH CORP COM NEW 588 588 New 250,000
LRAD CORP COM 518 117 29.14 203,000
ROYCE GLOBAL VALUE TR INC COM 133 133 New 16,720
HUTCHINSON TECHNOLOGY INC COM 34 34 New 10,000