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 183
New Positions 10
Increased Positions 87
Decreased Positions 71
Positions with Activity 158
Sold Out Positions 10
Total Mkt Value (in $ millions) 729

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

Sector Weighting

Basic Materials 0.62%
Capital Goods 4.98%
Conglomerates
Consumer Cyclical 7.88%
Consumer/Non-Cyclical 4.12%
Energy 2.04%
Financial 33.21%
Healthcare 5.3%
Services 29.23%
Technology 9.85%
Transportation 1.44%
Utilities 0.37%

183 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▲ Change in Value ($1,000s) Change (%) Shares Held
ACTUATE CORP COM -2,763 Sold Out 0
BLACKROCK INTL GRWTH & INC TR COM BENE INTER -6,466 Sold Out 0
EASTERN CO COM -465 Sold Out 0
GABELLI DIVD & INCOME TR COM -3,786 Sold Out 0
GABELLI GLB SML & MD CP VAL TR COM -180 Sold Out 0
HUTCHINSON TECHNOLOGY INC COM -41 Sold Out 0
ROCKY BRANDS INC COM -1,510 Sold Out 0
ROYCE GLOBAL VALUE TR INC COM -156 Sold Out 0
SYNERGETICS USA INC COM -1,619 Sold Out 0
XCEL ENERGY INC COM -2,368 Sold Out 0
CLOUGH GLOBAL ALLOCATION FD COM 193 New 13,000
ISHARES TR 1-3 YR TR BD ETF 363 -228 (38.6) 4,295
VANGUARD INDEX FDS GROWTH ETF 365 -46 (11.12) 3,597
SUPERIOR UNIFORM GP INC COM 400 400 New 18,501
LRAD CORP COM 443 443 New 157,200
TRANSCAT INC COM 546 315 136.17 61,000
TANDY LEATHER FACTORY INC COM 581 581 New 60,820
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 626 New 31,905
NATIONAL AMERN UNIV HLDGS INC COM 842 -1 (0.17) 256,709
INTERNET PATENTS CORP COM 842 -24 (2.78) 284,500