PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 03/31/2013

Position Statistics:

Total Positions 172
New Positions 11
Increased Positions 105
Decreased Positions 47
Positions with Activity 152
Sold Out Positions 7
Total Mkt Value
(in $ millions)
600

Sector Weighting

Basic Materials 0.97%
Capital Goods 4.95%
Conglomerates
Consumer Cyclical 5.34%
Consumer/Non-Cyclical 4.48%
Energy 3.32%
Financial 30.64%
Healthcare 6.46%
Services 29.52%
Technology 12.77%
Transportation
Utilities 1.56%

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

172 Positions as of 03/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
GDL FUND COM SH BEN IT 6,066 89 1.49 506,367
CENTURYLINK INC COM 5,823 83 1.44 154,592
DATALINK CORP COM 5,807 -612 (9.53) 511,203
DSW INC CL A 5,803 94 1.64 83,429
CARMIKE CINEMAS INC COM 5,792 257 4.64 341,298
HOMEOWNERS CHOICE INC COM 5,546 New 164,000
U S PHYSICAL THERAPY INC COM 5,497 189 3.57 208,156
DAWSON GEOPHYSICAL CO COM 5,383 82 1.55 140,990
DOUGLAS DYNAMICS INC COM 5,291 2,737 107.16 373,887
SYNERON MEDICAL LTD ORD SHS 5,287 82 1.59 593,326
ELECTRO RENT CORP COM 5,236 -1,451 (21.7) 306,583
EATON VANCE ENHANCED EQ INC FD COM 5,028 63 1.27 408,816
ROUSE PPTYS INC COM 5,021 78 1.59 233,757
CLOUGH GLOBAL EQUITY FD COM 4,999 115 2.35 325,057
AMERIPRISE FINL INC COM 4,968 -194 (3.76) 60,820
STANDARD PARKING CORP COM 4,920 90 1.87 215,400
MATERIAL SCIENCES CORP COM 4,704 185 4.09 470,915
ROCKVILLE FINL INC NEW COM 4,613 980 26.97 349,185
INVESCO LTD SHS 4,570 -30 (0.66) 132,109
PROCTER & GAMBLE CO COM 4,556 35 .77 56,930

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