Punch & Associates Investment Management

Punch & Associates Investment Management as of Sept. 30, 2011

Portfolio Holdings for Punch & Associates Investment Management

Punch & Associates Investment Management holds 167 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares S&P 500 Growth Index (IVW) 2.6 $9.1M 149k 61.24
iShares Barclays 20+ Yr Treas.Bond (TLT) 2.1 $7.2M 60k 120.81
THE GDL FUND Closed-End fund (GDL) 1.6 $5.6M 468k 11.92
Calamos Strategic Total Return Fund (CSQ) 1.6 $5.6M 700k 7.96
Cbiz (CBZ) 1.6 $5.5M 838k 6.59
Global Sources 1.4 $4.8M 706k 6.77
Actuate Corporation 1.3 $4.7M 845k 5.52
Electro Rent Corporation 1.3 $4.5M 329k 13.81
Gabelli Dividend & Income Trust (GDV) 1.3 $4.6M 333k 13.69
DSW 1.3 $4.4M 96k 46.18
MFA Mortgage Investments 1.2 $4.3M 616k 7.02
Casual Male Retail 1.2 $4.2M 1.1M 3.76
Young Innovations 1.2 $4.2M 147k 28.50
Altisource Portfolio Solns S reg 1.2 $4.2M 118k 35.39
Synovis Life Technologies (SYNO) 1.2 $4.2M 249k 16.70
Cohen & Steers infrastucture Fund (UTF) 1.2 $4.2M 267k 15.57
Putnam Municipal Opportunities Trust (PMO) 1.2 $4.1M 346k 11.71
CapLease 1.1 $4.0M 1.1M 3.61
NVE Corporation (NVEC) 1.1 $3.9M 65k 60.66
Procter & Gamble Company (PG) 1.1 $3.8M 60k 63.19
Standard Parking Corporation 1.1 $3.8M 244k 15.64
CenturyLink 1.1 $3.8M 114k 33.12
Syneron Medical Ltd ord 1.1 $3.7M 369k 9.91
Steven Madden (SHOO) 1.0 $3.5M 117k 30.10
Datalink Corporation 1.0 $3.5M 508k 6.80
J&J Snack Foods (JJSF) 1.0 $3.4M 71k 48.06
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 1.0 $3.4M 319k 10.55
SunAmerica Focused Alpha Growth Fund 0.9 $3.3M 188k 17.64
Duke Energy Corporation 0.9 $3.2M 161k 19.99
DUSA Pharmaceuticals 0.9 $3.2M 857k 3.70
Magellan Health Services 0.9 $3.1M 64k 48.30
Photronics (PLAB) 0.8 $3.0M 596k 4.98
Hanger Orthopedic 0.8 $2.9M 155k 18.89
Hormel Foods Corporation (HRL) 0.8 $2.9M 108k 27.02
Natural Gas Services (NGS) 0.8 $2.9M 224k 12.83
Cintas Corporation (CTAS) 0.8 $2.8M 100k 28.14
CorVel Corporation (CRVL) 0.8 $2.8M 66k 42.50
TS&W/Claymore Tax-Advantaged Balanced Fu (TYW) 0.8 $2.8M 253k 10.91
TrueBlue (TBI) 0.8 $2.7M 239k 11.33
HealthStream (HSTM) 0.8 $2.7M 210k 12.83
Gsi 0.8 $2.7M 351k 7.68
Johnson & Johnson (JNJ) 0.8 $2.7M 42k 63.70
H&Q Life Sciences Investors 0.8 $2.7M 254k 10.46
Accenture (ACN) 0.8 $2.6M 50k 52.68
Pzena Investment Management 0.8 $2.6M 797k 3.28
Ameriprise Financial (AMP) 0.7 $2.5M 64k 39.36
Material Sciences Corporation 0.7 $2.5M 391k 6.47
Verizon Communications (VZ) 0.7 $2.5M 68k 36.81
Ascent Media Corporation 0.7 $2.5M 64k 39.31
Fiserv (FI) 0.7 $2.5M 49k 50.77
SRS Labs (SRSL) 0.7 $2.5M 352k 7.16
Waste Management (WM) 0.7 $2.5M 76k 32.56
Boeing Company (BA) 0.7 $2.4M 41k 60.50
CVS Caremark Corporation (CVS) 0.7 $2.4M 72k 33.59
Calamos Asset Management 0.7 $2.4M 243k 10.01
Eaton Vance Enhanced Equity Income Fund (EOI) 0.7 $2.4M 248k 9.78
Exxon Mobil Corporation (XOM) 0.7 $2.4M 33k 72.64
Simulations Plus (SLP) 0.7 $2.4M 773k 3.12
Allegiant Travel Company (ALGT) 0.7 $2.4M 50k 47.14
Virtus Investment Partners (VRTS) 0.7 $2.3M 43k 53.61
Cohen & Steers Clsd-End Optuny Fnd (FOF) 0.7 $2.3M 200k 11.63
Syntel 0.7 $2.3M 53k 43.19
Monro Muffler Brake (MNRO) 0.7 $2.3M 69k 32.97
Westwood Holdings (WHG) 0.7 $2.2M 65k 34.56
DWS Dreman Value Income Edge Fund 0.7 $2.2M 172k 13.07
Microsoft Corporation (MSFT) 0.6 $2.2M 90k 24.89
Assurant (AIZ) 0.6 $2.2M 63k 35.81
U.S. Physical Therapy (USPH) 0.6 $2.2M 119k 18.52
JPMorgan Chase & Co. (JPM) 0.6 $2.1M 70k 30.12
Republic Services (RSG) 0.6 $2.1M 75k 28.07
Synergetics USA 0.6 $2.1M 384k 5.39
Meadowbrook Insurance 0.6 $2.1M 231k 8.91
Universal Health Realty Income Trust (UHT) 0.6 $2.1M 61k 33.62
Xcel Energy (XEL) 0.6 $2.0M 81k 24.69
Calavo Growers (CVGW) 0.6 $2.0M 97k 20.52
Ecolab (ECL) 0.6 $2.0M 40k 48.88
Solar Cap (SLRC) 0.6 $2.0M 98k 20.13
Dawson Geophysical Company 0.6 $2.0M 84k 23.59
American Medical Alert (AMAC) 0.6 $2.0M 236k 8.39
DST Systems 0.6 $1.9M 44k 43.82
Invesco (IVZ) 0.6 $2.0M 126k 15.51
Inventure Foods 0.6 $1.9M 496k 3.90
Coca-Cola Company (KO) 0.6 $1.9M 28k 67.54
Fifth Street Finance 0.6 $1.9M 205k 9.32
Royce Micro Capital Trust (RMT) 0.6 $1.9M 249k 7.64
Target Corporation (TGT) 0.5 $1.9M 38k 49.05
Metropolitan Health Networks 0.5 $1.9M 411k 4.54
China Mobile 0.5 $1.9M 38k 48.70
Dolan Company 0.5 $1.8M 201k 8.99
Novartis (NVS) 0.5 $1.8M 32k 55.77
Asta Funding 0.5 $1.8M 219k 8.11
R.G. Barry 0.5 $1.8M 167k 10.60
JMP 0.5 $1.7M 299k 5.81
Accelrys 0.5 $1.8M 289k 6.06
Shutterfly 0.5 $1.7M 42k 41.17
Nasdaq Omx (NDAQ) 0.5 $1.7M 73k 23.14
Euroseas 0.5 $1.7M 524k 3.16
inContact, Inc . 0.5 $1.7M 487k 3.45
TechTarget 0.5 $1.6M 284k 5.71
United Technologies Corporation 0.5 $1.6M 23k 70.35
Virtusa Corporation 0.5 $1.6M 120k 13.20
CLICKSOFTWARE TECHNOLOGIES Ltd Com Stk 0.5 $1.6M 207k 7.79
Clough Global Equity Fund closed-end fund (GLQ) 0.5 $1.6M 134k 11.67
American Dental Partners 0.4 $1.5M 157k 9.66
City Tele 0.4 $1.5M 163k 9.45
Harvard Bioscience (HBIO) 0.4 $1.5M 351k 4.22
Charles Schwab Corporation (SCHW) 0.4 $1.4M 128k 11.27
Redwood Trust (RWT) 0.4 $1.4M 129k 11.17
IntegraMed America 0.4 $1.5M 185k 7.93
eLong 0.4 $1.4M 82k 17.25
Best Buy (BBY) 0.4 $1.4M 60k 23.31
Royce Value Trust (RVT) 0.4 $1.4M 126k 11.08
Nathan's Famous (NATH) 0.4 $1.4M 73k 18.99
Alamo (ALG) 0.4 $1.4M 65k 20.79
Barrett Business Services (BBSI) 0.4 $1.3M 96k 13.94
Motorcar Parts of America (MPAA) 0.4 $1.4M 166k 8.23
Versant Corporation (VSNT) 0.4 $1.3M 116k 11.45
Lattice Semiconductor (LSCC) 0.4 $1.3M 241k 5.25
MicroFinancial Incorporated 0.4 $1.2M 221k 5.60
BofI Holding 0.3 $1.2M 90k 13.46
BioClinica 0.3 $1.2M 246k 4.89
DDi 0.3 $1.2M 163k 7.24
3M Company (MMM) 0.3 $1.2M 16k 71.80
Saba Software 0.3 $1.1M 197k 5.76
Datawatch Corporation 0.3 $1.2M 217k 5.35
Epoch Holding 0.3 $1.1M 81k 13.57
Support 0.3 $1.1M 556k 1.98
Ramtron International 0.3 $1.1M 571k 1.97
Navarre Corporation 0.3 $999k 587k 1.70
Insignia Systems 0.3 $986k 418k 2.36
Homeowners Choice 0.3 $977k 150k 6.53
Data I/O Corporation (DAIO) 0.3 $924k 224k 4.13
Jamba 0.3 $886k 687k 1.29
Pervasive Software 0.3 $917k 153k 6.00
Integrated Silicon Solution 0.2 $872k 112k 7.81
NFJ Dividend Interest & Premium Strategy 0.2 $866k 59k 14.76
H&Q Healthcare Investors 0.2 $838k 64k 13.15
Edelman Finl Group 0.2 $838k 130k 6.46
Cover-All Technologies 0.2 $792k 413k 1.92
Manitex International 0.2 $757k 209k 3.62
Kenneth Cole Productions 0.2 $722k 67k 10.72
Commtouch Software 0.2 $729k 232k 3.15
Reis 0.2 $710k 80k 8.88
Global Traffic Network 0.2 $638k 46k 14.00
Continucare Corporation 0.2 $583k 91k 6.38
Mesa Laboratories (MLAB) 0.2 $597k 16k 37.24
Vanguard Growth ETF (VUG) 0.2 $583k 10k 55.92
Adams Golf 0.2 $581k 108k 5.40
Willdan (WLDN) 0.2 $582k 156k 3.73
Medtronic 0.2 $541k 16k 33.25
TGC Industries 0.2 $550k 125k 4.40
InsWeb Corporation 0.2 $549k 90k 6.10
MakeMusic (MMUS) 0.2 $550k 112k 4.92
Zix Corporation 0.1 $519k 194k 2.67
Physicians Formula Holdings 0.1 $527k 192k 2.75
EnteroMedics 0.1 $449k 261k 1.72
Earthstone Energy 0.1 $450k 37k 12.12
Blackrock Municipal 2020 Term Trust 0.1 $295k 19k 15.43
Eaton V.Tax-Advantaged Dividend Inc Fund (EVT) 0.1 $171k 13k 13.69
Psychemedics (PMD) 0.0 $87k 12k 7.13
Pro-dex Inc Colo equity (PDEX) 0.0 $100k 50k 2.00
Incredimail 0.0 $67k 15k 4.56
Hutchinson Technology Incorporated 0.0 $20k 10k 2.00
Cosi 0.0 $35k 49k 0.71
SeraCare Life Sciences 0.0 $38k 14k 2.80
Hudson Technologies (HDSN) 0.0 $35k 30k 1.17
Homeowners Choice Inc *w exp 09/30/201 0.0 $20k 36k 0.56