Punch & Associates Investment Management

Punch & Associates Investment Management as of March 31, 2011

Portfolio Holdings for Punch & Associates Investment Management

Punch & Associates Investment Management holds 167 positions in its portfolio as reported in the March 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 $9.9M 144k 68.71
iShares Barclays 20+ Yr Treas.Bond (TLT) 1.8 $6.8M 74k 92.13
Gabelli Dividend & Income Trust (GDV) 1.8 $6.6M 394k 16.63
Calamos Strategic Total Return Fund (CSQ) 1.6 $6.0M 620k 9.73
Cbiz (CBZ) 1.6 $5.9M 818k 7.21
Global Sources 1.5 $5.5M 475k 11.63
Royce Value Trust (RVT) 1.5 $5.5M 358k 15.39
CapLease 1.4 $5.3M 960k 5.48
NVE Corporation (NVEC) 1.3 $4.8M 86k 56.34
Electro Rent Corporation 1.3 $4.8M 278k 17.18
Cohen & Steers infrastucture Fund (UTF) 1.2 $4.7M 264k 17.65
THE GDL FUND Closed-End fund (GDL) 1.2 $4.6M 342k 13.53
MFA Mortgage Investments 1.2 $4.5M 549k 8.20
Syneron Medical Ltd ord 1.1 $4.1M 316k 13.04
Putnam Municipal Opportunities Trust (PMO) 1.1 $4.1M 381k 10.84
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 1.1 $4.1M 294k 13.85
Hanger Orthopedic 1.1 $4.0M 155k 26.03
Altisource Portfolio Solns S reg 1.1 $3.9M 128k 30.68
Photronics (PLAB) 1.1 $3.9M 440k 8.97
Actuate Corporation 1.1 $3.9M 754k 5.20
Young Innovations 1.1 $3.9M 125k 31.40
DSW 1.0 $3.9M 98k 39.96
APAC Customer Services 1.0 $3.9M 641k 6.01
Steven Madden (SHOO) 1.0 $3.8M 81k 46.92
Synovis Life Technologies (SYNO) 1.0 $3.8M 198k 19.16
Calamos Asset Management 1.0 $3.7M 226k 16.59
SunAmerica Focused Alpha Growth Fund 1.0 $3.7M 187k 20.01
TrueBlue (TBI) 1.0 $3.7M 222k 16.79
Ameriprise Financial (AMP) 1.0 $3.6M 59k 61.08
J&J Snack Foods (JJSF) 1.0 $3.6M 77k 47.07
Pzena Investment Management 1.0 $3.7M 517k 7.06
Procter & Gamble Company (PG) 0.9 $3.5M 58k 61.61
Shutterfly 0.9 $3.5M 67k 52.35
Dawson Geophysical Company 0.9 $3.3M 75k 43.89
Accenture (ACN) 0.9 $3.3M 60k 54.97
Calavo Growers (CVGW) 0.9 $3.2M 148k 21.85
Ascent Media Corporation 0.8 $3.2M 66k 48.84
Magellan Health Services 0.8 $3.2M 64k 49.07
Hormel Foods Corporation (HRL) 0.8 $3.2M 113k 27.84
Standard Parking Corporation 0.8 $3.2M 177k 17.76
Westwood Holdings (WHG) 0.8 $3.1M 78k 40.25
Duke Energy Corporation 0.8 $3.1M 169k 18.15
Fiserv (FI) 0.8 $3.0M 49k 62.72
Community Health Systems (CYH) 0.8 $3.0M 75k 39.98
Boeing Company (BA) 0.8 $3.0M 40k 73.94
Cintas Corporation (CTAS) 0.8 $2.9M 96k 30.28
Invesco (IVZ) 0.8 $2.9M 115k 25.56
H&Q Life Sciences Investors 0.8 $2.8M 234k 12.02
Syntel 0.7 $2.8M 53k 52.23
SRS Labs (SRSL) 0.7 $2.8M 323k 8.54
LMP Capital and Income Fund (SCD) 0.7 $2.6M 198k 13.30
JPMorgan Chase & Co. (JPM) 0.7 $2.6M 56k 46.09
Monro Muffler Brake (MNRO) 0.7 $2.6M 79k 32.99
CorVel Corporation (CRVL) 0.7 $2.6M 48k 53.18
Support 0.7 $2.6M 502k 5.19
Datalink Corporation 0.7 $2.6M 404k 6.40
Cohen & Steers Clsd-End Optuny Fnd (FOF) 0.7 $2.6M 191k 13.50
Waste Management (WM) 0.7 $2.6M 69k 37.34
Exxon Mobil Corporation (XOM) 0.7 $2.5M 30k 84.14
Verizon Communications (VZ) 0.7 $2.5M 66k 38.54
Assurant (AIZ) 0.7 $2.4M 63k 38.51
City Tele 0.7 $2.4M 161k 15.13
TS&W/Claymore Tax-Advantaged Balanced Fu (TYW) 0.7 $2.5M 223k 11.01
Meadowbrook Insurance 0.6 $2.4M 231k 10.35
Johnson & Johnson (JNJ) 0.6 $2.4M 40k 59.24
NFJ Dividend Interest & Premium Strategy 0.6 $2.4M 130k 18.18
Dolan Company 0.6 $2.3M 193k 12.14
DWS Dreman Value Income Edge Fund 0.6 $2.3M 159k 14.65
Virtus Investment Partners (VRTS) 0.6 $2.3M 39k 58.93
Health Care REIT 0.6 $2.3M 43k 52.43
Qwest Communications International 0.6 $2.3M 330k 6.83
Allegiant Travel Company (ALGT) 0.6 $2.2M 51k 43.80
DUSA Pharmaceuticals 0.6 $2.2M 432k 5.20
Microsoft Corporation (MSFT) 0.6 $2.2M 87k 25.38
Charles Schwab Corporation (SCHW) 0.6 $2.2M 123k 18.03
Solar Cap (SLRC) 0.6 $2.2M 93k 23.88
Simulations Plus (SLP) 0.6 $2.2M 704k 3.16
CVS Caremark Corporation (CVS) 0.6 $2.2M 64k 34.33
Virtusa Corporation 0.6 $2.2M 117k 18.73
Universal Health Realty Income Trust (UHT) 0.6 $2.2M 54k 40.54
HealthStream (HSTM) 0.6 $2.2M 282k 7.73
Janus Capital 0.6 $2.1M 172k 12.47
Ecolab (ECL) 0.6 $2.1M 41k 51.02
United Technologies Corporation 0.6 $2.1M 25k 84.64
Euroseas 0.6 $2.1M 437k 4.83
Walter Investment Management 0.6 $2.1M 129k 16.13
DST Systems 0.5 $2.0M 38k 52.81
Fifth Street Finance 0.5 $2.0M 153k 13.35
CenturyLink 0.5 $2.0M 48k 41.55
Blackboard 0.5 $2.0M 55k 36.24
Material Sciences Corporation 0.5 $1.9M 270k 7.21
Insignia Systems 0.5 $2.0M 277k 7.11
Tuesday Morning Corporation 0.5 $1.9M 394k 4.90
Coca-Cola Company (KO) 0.5 $1.9M 28k 66.33
Republic Services (RSG) 0.5 $1.9M 63k 30.04
Asta Funding 0.5 $1.9M 220k 8.56
Ebix (EBIXQ) 0.5 $1.9M 80k 23.65
Synergetics USA 0.5 $1.8M 309k 5.89
Clough Global Equity Fund closed-end fund (GLQ) 0.5 $1.8M 117k 15.37
Xcel Energy (XEL) 0.5 $1.8M 74k 23.89
Nasdaq Omx (NDAQ) 0.5 $1.7M 67k 25.84
JMP 0.5 $1.7M 200k 8.61
Novartis (NVS) 0.5 $1.7M 31k 54.36
Metropolitan Health Networks 0.5 $1.7M 354k 4.73
Harvard Bioscience (HBIO) 0.5 $1.7M 300k 5.68
Target Corporation (TGT) 0.4 $1.6M 33k 50.01
Tollgrade Communications (TLGD) 0.4 $1.6M 156k 10.08
Nobel Learning Communities (NLCI) 0.4 $1.6M 158k 9.87
Saba Software 0.4 $1.5M 158k 9.83
inContact, Inc . 0.4 $1.5M 467k 3.29
China Mobile 0.4 $1.5M 33k 46.24
3M Company (MMM) 0.4 $1.5M 16k 93.52
eLong 0.4 $1.5M 105k 14.14
Lattice Semiconductor (LSCC) 0.4 $1.5M 253k 5.90
CLICKSOFTWARE TECHNOLOGIES Ltd Com Stk 0.4 $1.5M 176k 8.59
Inventure Foods 0.4 $1.4M 372k 3.85
Best Buy (BBY) 0.4 $1.4M 49k 28.72
DDi 0.4 $1.4M 132k 10.57
Barrett Business Services (BBSI) 0.3 $1.3M 79k 16.06
Global Traffic Network 0.3 $1.3M 101k 12.47
Epoch Holding 0.3 $1.2M 79k 15.78
Ramtron International 0.3 $1.2M 542k 2.16
China Techfaith Wireless Comm. Tech 0.3 $1.1M 260k 4.40
Jamba 0.3 $1.1M 511k 2.20
Versant Corporation (VSNT) 0.3 $1.1M 82k 13.04
MicroFinancial Incorporated 0.3 $1.1M 244k 4.43
Zix Corporation 0.3 $1.1M 287k 3.70
Midas 0.3 $1.0M 136k 7.67
Nathan's Famous (NATH) 0.3 $1.1M 62k 17.13
SeraCare Life Sciences 0.3 $1.0M 267k 3.84
Navarre Corporation 0.3 $992k 522k 1.90
IntegraMed America 0.3 $983k 95k 10.32
Integrated Silicon Solution 0.2 $927k 100k 9.27
Sanders Morris Harris (SMHG) 0.2 $927k 116k 8.01
American Oriental Bioengineering 0.2 $907k 609k 1.49
H&Q Healthcare Investors 0.2 $918k 64k 14.31
Continucare Corporation 0.2 $870k 163k 5.35
Pervasive Software 0.2 $822k 123k 6.68
BioClinica 0.2 $736k 143k 5.16
Physicians Formula Holdings 0.2 $766k 164k 4.67
Willdan (WLDN) 0.2 $746k 185k 4.03
American Dental Partners 0.2 $708k 54k 13.11
Vanguard Growth ETF (VUG) 0.2 $670k 10k 64.26
Medtronic 0.2 $652k 17k 39.35
BofI Holding 0.2 $591k 38k 15.51
American Medical Alert (AMAC) 0.2 $607k 105k 5.77
EnteroMedics 0.1 $566k 205k 2.76
Datawatch Corporation 0.1 $553k 105k 5.25
Commtouch Software 0.1 $564k 158k 3.58
Diana Containerships 0.1 $567k 47k 12.13
Conmed Healthcare Management (CONM) 0.1 $510k 156k 3.27
Incredimail 0.1 $515k 71k 7.24
LaBarge 0.1 $450k 25k 17.70
MakeMusic (MMUS) 0.1 $467k 95k 4.90
Mesa Laboratories (MLAB) 0.1 $320k 11k 28.75
InsWeb Corporation 0.1 $334k 45k 7.48
Blackrock Municipal 2020 Term Trust 0.1 $254k 18k 14.56
Omega Protein Corporation 0.1 $226k 17k 13.47
TGC Industries 0.0 $164k 21k 7.75
Silicon Image 0.0 $129k 14k 8.94
Taylor Devices (TAYD) 0.0 $103k 18k 5.72
Hudson Technologies (HDSN) 0.0 $59k 30k 1.97
Retractable Technologies (RVP) 0.0 $74k 45k 1.65
Gdl Fund right 99/99/9999 0.0 $71k 113k 0.63
Stereotaxis 0.0 $54k 14k 3.86
Cosi 0.0 $39k 32k 1.22
Homeowners Choice Inc *w exp 09/30/201 0.0 $27k 34k 0.80