PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 03/31/2015

Position Statistics

Total Positions 181
New Positions 11
Increased Positions 93
Decreased Positions 66
Positions with Activity 159
Sold Out Positions 8
Total Mkt Value (in $ millions) 801

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

Sector Weighting

Basic Materials 0.66%
Capital Goods 4.6%
Conglomerates
Consumer Cyclical 9.25%
Consumer/Non-Cyclical 3.55%
Energy 1.68%
Financial 33.17%
Healthcare 5.62%
Services 26.31%
Technology 9.65%
Transportation 1.86%
Utilities 0.29%

181 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CORENERGY INFRASTRUCTURE TR IN COM 8,334 219 2.70 1,211,401
FIVE STAR QUALITY CARE INC COM 8,249 427 5.46 1,922,824
COHEN & STEERS INFRASTRUCTURE COM 7,976 -29 (0.36) 345,863
UNITED FINL BANCORP INC NEW COM 7,818 -46 (0.58) 612,669
FIRST BUS FINL SVCS INC WIS COM 7,751 1,068 15.98 169,912
BLACKROCK RES & COMM STRAT TR SHS 7,647 191 2.56 770,477
ALAMO GROUP INC COM 7,630 -52 (0.67) 124,821
WESTWOOD HLDGS GROUP INC COM 7,617 -46 (0.6) 128,904
ARBOR RLTY TR INC COM 7,520 1,768 30.74 1,072,812
NUVEEN BUILD AMER BD FD COM 7,488 28 .38 360,524
MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 7,469 50 .67 90,490
AMERCO COM 7,434 29 .39 22,650
MADISON CVRED CALL & EQ STR FD COM 7,332 415 6 884,481
RYDEX ETF TRUST GUG S&P500 PU VA 7,321 7,321 New 131,439
ARC DOCUMENT SOLUTIONS INC COM 7,294 7,294 New 807,717
MONOTYPE IMAGING HOLDINGS INC COM 7,206 -47 (0.64) 260,616
MVC CAPITAL INC COM 7,184 -15 (0.21) 729,377
MCG CAPITAL CORP COM 6,994 1,457 26.32 1,540,498
CHEROKEE INC DEL NEW COM 6,818 334 5.14 314,175
SYNERON MEDICAL LTD ORD SHS 6,734 590 9.60 528,587