PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 06/30/2014

Position Statistics

Total Positions 184
New Positions 10
Increased Positions 87
Decreased Positions 72
Positions with Activity 159
Sold Out Positions 11
Total Mkt Value (in $ millions) 737

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

Sector Weighting

Basic Materials 0.64%
Capital Goods 5.11%
Conglomerates
Consumer Cyclical 7.56%
Consumer/Non-Cyclical 3.72%
Energy 2.28%
Financial 33.56%
Healthcare 5.48%
Services 29.24%
Technology 9.56%
Transportation 1.5%
Utilities 0.38%

87 INCREASED Positions as of 06/30/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
JOURNAL COMMUNICATIONS INC CL A 10,653 1,874 21.35 1,216,133
SILVERCREST ASSET MGMT GROUP I CL A 2,210 479 27.70 130,000
SUPREME INDS INC CL A 1,819 1,162 176.58 279,900
ALTISOURCE RESIDENTIAL CORP CL B 3,396 26 .78 131,622
AGILYSYS INC COM 3,370 262 8.44 253,000
ARES COML REAL ESTATE CORP COM 4,258 4 .10 335,552
AWARE INC MASS COM 1,777 323 22.22 266,434
BLACKROCK KELSO CAPITAL CORP COM 1,709 1,709 New 192,443
BLOCK H & R INC COM 2,885 54 1.91 90,075
BOEING CO COM 4,160 12 .29 32,065
CASCADE MICROTECH INC COM 3,652 204 5.92 298,380
CHEROKEE INC DEL NEW COM 4,739 177 3.89 288,605
CINEDIGM CORP COM 1,225 175 16.67 490,000
CLOUGH GLOBAL EQUITY FD COM 4,964 61 1.25 325,702
COHEN & STEERS CLOSED END OPPO COM 4,096 79 1.96 302,096
COHEN & STEERS INFRASTRUCTURE COM 8,076 98 1.23 334,121
COURIER CORP COM 3,422 522 18.00 257,475
CVS CAREMARK CORPORATION COM 4,557 2 .04 58,517
DICE HLDGS INC COM 3,406 204 6.38 432,188
DST SYS INC DEL COM 3,731 8 .22 40,409