PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 182
New Positions 9
Increased Positions 85
Decreased Positions 70
Positions with Activity 155
Sold Out Positions 8
Total Mkt Value (in $ millions) 722

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

Sector Weighting

Basic Materials 0.68%
Capital Goods 4.59%
Conglomerates
Consumer Cyclical 7.97%
Consumer/Non-Cyclical 4.03%
Energy 1.98%
Financial 34.3%
Healthcare 5.35%
Services 28.31%
Technology 9.32%
Transportation 1.65%
Utilities 0.49%

182 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
MESA LABS INC COM 1,703 New 24,856
HARVARD BIOSCIENCE INC COM 1,702 -457 (21.18) 360,651
NCR CORP NEW COM 1,678 -4 (0.26) 68,714
HALLMARK FINL SVCS INC EC COM NEW 1,626 New 154,575
WEST MARINE INC COM 1,589 New 170,500
ITT CORP NEW COM NEW 1,583 5 .32 37,157
CHIMERA INVT CORP COM 1,565 1,565 New 501,520
CIFC CORP COM 1,528 New 170,000
HARVARD APPARATUS REGENER TECH COM 1,518 New 237,162
TANDY LEATHER FACTORY INC COM 1,454 875 151.07 152,700
HOUSTON WIRE & CABLE CO COM 1,268 New 101,500
THE ADT CORPORATION COM 1,249 -8 (0.65) 36,941
AWARE INC MASS COM 1,197 144 13.72 303,000
ALCENTRA CAP CORP COM 1,192 1,192 New 96,615
LIFETIME BRANDS INC COM 1,144 New 69,875
DIGIRAD CORP COM 1,125 1,125 New 281,324
FIRST BANK WILLIAMSTOWN NJ COM 1,072 1,072 New 176,627
ROYCE MICRO-CAP TR INC COM 1,014 -22 (2.09) 88,702
DIAMOND HILL INVESTMENT GROUP COM NEW 1,008 -197 (16.33) 8,400
ECOLAB INC COM 902 New 8,000