PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 178
New Positions 7
Increased Positions 102
Decreased Positions 58
Positions with Activity 160
Sold Out Positions 8
Total Mkt Value (in $ millions) 792

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

Sector Weighting

Basic Materials 0.56%
Capital Goods 4.69%
Conglomerates
Consumer Cyclical 8.73%
Consumer/Non-Cyclical 3.74%
Energy 1.4%
Financial 34.22%
Healthcare 5.58%
Services 27.23%
Technology 9.58%
Transportation 1.83%
Utilities 0.51%

178 Positions as of 12/31/2014

Company ▲ Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
3M CO COM 2,052 New 12,614
A H BELO CORP COM CL A 4,653 64 1.39 570,882
ACCENTURE PLC IRELAND SHS CLASS A 2,775 -23 (0.82) 31,457
AGILYSYS INC COM 2,507 New 253,000
ALAMO GROUP INC COM 7,614 3,445 82.61 125,665
ALCENTRA CAP CORP COM 2,345 998 74.02 168,125
ALTISOURCE PORTFOLIO SOLNS SA REG SHS 860 30 3.66 60,274
ALTISOURCE RESIDENTIAL CORP CL B 4,253 46 1.09 204,875
AMERCO COM 7,297 47 .65 22,562
AMERIPRISE FINL INC COM 4,447 -41 (0.91) 34,071
ANTHEM INC COM 4,242 -79 (1.83) 27,473
ARBOR RLTY TR INC COM 5,703 120 2.15 820,601
ARES COML REAL ESTATE CORP COM 4,026 227 5.97 358,200
AROTECH CORP COM NEW -765 Sold Out 0
ASCENT CAP GROUP INC COM SER A 4,587 164 3.70 111,464
AWARE INC MASS COM 2,165 813 60.20 485,393
BARRETT BUSINESS SERVICES INC COM -5,109 Sold Out 0
BLACKROCK CAPITAL INVESTMENT C COM 6,105 978 19.08 662,835
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 2,870 201 7.54 137,372
BLACKROCK RES & COMM STRAT TR SHS 7,114 34 .49 751,217