PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 06/30/2015

Position Statistics

Total Positions 185
New Positions 12
Increased Positions 97
Decreased Positions 68
Positions with Activity 165
Sold Out Positions 7
Total Mkt Value (in $ millions) 744

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

Sector Weighting

Basic Materials 0.9%
Capital Goods 4.72%
Conglomerates
Consumer Cyclical 7.98%
Consumer/Non-Cyclical 3.66%
Energy 1.33%
Financial 34.3%
Healthcare 4.52%
Services 25.84%
Technology 9.03%
Transportation 1.76%
Utilities 0.28%

97 INCREASED Positions as of 06/30/2015

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
ALPINE TOTAL DYNAMIC DIVID FD COM SH BEN INT N 2,225 2,225 New 275,033
CECO ENVIRONMENTAL CORP COM 1,212 1,212 New 124,650
CHIMERA INVT CORP COM NEW 3,343 3,343 New 240,354
DEMAND MEDIA INC COM NEW 390 390 New 83,296
DIGI INTL INC COM 2,584 2,584 New 256,876
FIBROGEN INC COM 981 981 New 39,924
FIRST FINANCIAL NORTHWEST INC COM 241 241 New 20,000
FST TR NEW OPPORT MLP & ENE FD COM 2,218 2,218 New 147,186
INFORMATION SERVICES GROUP INC COM 1,253 1,253 New 322,000
ISHARES TR S&P 500 VAL ETF 2,268 2,268 New 25,927
OHA INVT CORP COM 965 965 New 208,000
RED LION HOTELS CORP COM 1,404 1,404 New 172,900
CLOUGH GLOBAL EQUITY FD COM 4,970 .00 363,036
CVS HEALTH CORP COM 5,009 17 .35 48,080
ECOLAB INC COM 722 4 .52 6,534
ANTHEM INC COM 3,604 28 .79 25,638
BLOCK H & R INC COM 3,125 26 .84 90,658
JPMORGAN CHASE & CO COM 4,840 42 .87 75,475
UNITED TECHNOLOGIES CORP COM 2,019 18 .88 21,657
FISERV INC COM 4,926 45 .92 56,766