PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 178
New Positions 7
Increased Positions 102
Decreased Positions 58
Positions with Activity 160
Sold Out Positions 8
Total Mkt Value (in $ millions) 792

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

Sector Weighting

Basic Materials 0.57%
Capital Goods 4.67%
Conglomerates
Consumer Cyclical 8.71%
Consumer/Non-Cyclical 3.63%
Energy 1.4%
Financial 34.44%
Healthcare 5.38%
Services 27.09%
Technology 9.8%
Transportation 1.85%
Utilities 0.51%

7 New Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
BLACKSTONE GSO FLTING RTE FUND COM 2,983 2,983 New 174,469
BLACKSTONE GSO STRATEGIC CR FD COM SHS BEN IN 3,280 3,280 New 201,238
ENTEGRA FINL CORP COM 624 624 New 40,100
EXA CORP COM 1,088 1,088 New 106,959
FIRST SEC GROUP INC COM NEW 829 829 New 375,282
HARVEST CAP CR CORP COM 1,117 1,117 New 87,906
STONECASTLE FINL CORP COM 1,884 1,884 New 89,326