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 0.63%
Capital Goods 5.02%
Conglomerates
Consumer Cyclical 7.56%
Consumer/Non-Cyclical 3.86%
Energy 2.13%
Financial 33.12%
Healthcare 5.44%
Services 29.53%
Technology 9.9%
Transportation 1.48%
Utilities 0.38%

184 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
AXCELIS TECHNOLOGIES INC COM 903 New 499,000
UROPLASTY INC COM NEW 882 882 New 315,000
INTERNET PATENTS CORP COM 867 -25 (2.78) 284,500
NATIONAL AMERN UNIV HLDGS INC COM 826 -1 (0.17) 256,709
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 634 New 31,905
TANDY LEATHER FACTORY INC COM 569 569 New 60,820
TRANSCAT INC COM 540 312 136.17 61,000
IMAGE SENSING SYS INC COM 504 252 100.40 228,000
LRAD CORP COM 483 483 New 157,200
SUPERIOR UNIFORM GP INC COM 407 407 New 18,501
VANGUARD INDEX FDS GROWTH ETF 364 -46 (11.12) 3,597
ISHARES TR 1-3 YR TR BD ETF 363 -228 (38.6) 4,295
CLOUGH GLOBAL ALLOCATION FD COM 197 New 13,000
ACTUATE CORP COM -3,002 Sold Out 0
BARRY R G CORP OHIO COM -2,943 Sold Out 0
BLACKROCK INTL GRWTH & INC TR COM BENE INTER -6,532 Sold Out 0
EASTERN CO COM -467 Sold Out 0
GABELLI DIVD & INCOME TR COM -3,786 Sold Out 0
GABELLI GLB SML & MD CP VAL TR COM -181 Sold Out 0
HUTCHINSON TECHNOLOGY INC COM -47 Sold Out 0