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 0.64%
Capital Goods 5.11%
Conglomerates
Consumer Cyclical 7.56%
Consumer/Non-Cyclical 3.72%
Energy 2.28%
Financial 33.56%
Healthcare 5.48%
Services 29.24%
Technology 9.56%
Transportation 1.5%
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
ECOLAB INC COM 880 New 8,000
INTERNET PATENTS CORP COM 871 -25 (2.78) 284,500
UROPLASTY INC COM NEW 838 838 New 315,000
NATIONAL AMERN UNIV HLDGS INC COM 788 -1 (0.17) 256,709
IMAGE SENSING SYS INC COM 747 374 100.40 228,000
TRANSCAT INC COM 654 377 136.17 61,000
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 625 New 31,905
TANDY LEATHER FACTORY INC COM 549 549 New 60,820
ISHARES 1-3 YR TR BD ETF 363 -228 (38.6) 4,295
VANGUARD INDEX FDS GROWTH ETF 358 -45 (11.12) 3,597
SUPERIOR UNIFORM GP INC COM 325 325 New 18,501
LRAD CORP COM 314 314 New 157,200
CLOUGH GLOBAL ALLOCATION FD COM 199 New 13,000
ACTUATE CORP COM -2,876 Sold Out 0
BARRY R G CORP OHIO COM -2,933 Sold Out 0
BLACKROCK INTL GRWTH & INC TR COM BENE INTER -6,674 Sold Out 0
EASTERN CO COM -474 Sold Out 0
GABELLI DIVD & INCOME TR COM -3,826 Sold Out 0
GABELLI GLB SML & MD CP VAL TR COM -185 Sold Out 0
HUTCHINSON TECHNOLOGY INC COM -23 Sold Out 0