PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.

PrivateCIK: 1238990
Location

EDINA, MN

163
Positions
$1.73B
Total AUM (reported)
70.12M
Total Shares

Allocation by class

TOTAL AUM$1.73B163 positions
COM$1.15B66.4%
COM CL A$105.83M6.1%
COMMON STOCK$96.99M5.6%
COM NEW$91.24M5.3%
COM SHS$49.53M2.9%
CAP STK CL A$30.85M1.8%
SHS CLASS A$28.72M1.7%

Portfolio Concentration

Top 39.0%4–1013.1%11–2521.8%Rest56.0%TOP 1022.1%0%100%
Top 3$155.84M9.0%
4–10$227.80M13.1%
11–25$378.13M21.8%
Rest$971.28M56.0%

Top 3 weight

9.0%

Top 10 weight

22.1%

Voting Authority Distribution

Total shares with voting rights: 70.12M

Sole

Full voting authority

70.12M

shares

% of voting shares100.0%
Shared

Joint voting authority

0.00

shares

% of voting shares0.0%
None

No voting authority

0.00

shares

% of voting shares0.0%

Investment Discretion (by position count)

Sole163
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings163
Rows:

STONEX GROUP INC

SOLE
COM
Shares943.58K
TypeSH
Market value$76.10M
4.39%
Sole
943.58K
Shared
0.00
None
0.00

LAUREATE ED INC

SOLE
COMMON STOCK
Shares1.17M
TypeSH
Market value$40.86M
2.36%
Sole
1.17M
Shared
0.00
None
0.00

UNIVERSAL TECHNICAL INST INC

SOLE
COM
Shares1.08M
TypeSH
Market value$38.87M
2.24%
Sole
1.08M
Shared
0.00
None
0.00

ARCOSA INC

SOLE
COM
Shares362.33K
TypeSH
Market value$38.46M
2.22%
Sole
362.33K
Shared
0.00
None
0.00

A10 NETWORKS INC

SOLE
COM
Shares1.46M
TypeSH
Market value$33.75M
1.95%
Sole
1.46M
Shared
0.00
None
0.00

RADNET INC

SOLE
COM
Shares595.28K
TypeSH
Market value$33.27M
1.92%
Sole
595.28K
Shared
0.00
None
0.00

SILA REALTY TRUST INC

SOLE
COMMON STOCK
Shares1.35M
TypeSH
Market value$31.91M
1.84%
Sole
1.35M
Shared
0.00
None
0.00

ALPHABET INC

SOLE
CAP STK CL A
Shares107.29K
TypeSH
Market value$30.85M
1.78%
Sole
107.29K
Shared
0.00
None
0.00

SIRIUSPOINT LTD

SOLE
COM
Shares1.42M
TypeSH
Market value$30.49M
1.76%
Sole
1.42M
Shared
0.00
None
0.00

TIDEWATER INC NEW

SOLE
COM
Shares347.91K
TypeSH
Market value$29.07M
1.68%
Sole
347.91K
Shared
0.00
None
0.00

ROYALTY PHARMA PLC

SOLE
SHS CLASS A
Shares598.62K
TypeSH
Market value$28.72M
1.66%
Sole
598.62K
Shared
0.00
None
0.00

LIQUIDITY SVCS INC

SOLE
COM
Shares920.39K
TypeSH
Market value$28.14M
1.62%
Sole
920.39K
Shared
0.00
None
0.00

LENDINGTREE INC

SOLE
COM
Shares647.04K
TypeSH
Market value$27.74M
1.60%
Sole
647.04K
Shared
0.00
None
0.00

GLOBAL SHIP LEASE INC

SOLE
COM CL A
Shares718.07K
TypeSH
Market value$26.73M
1.54%
Sole
718.07K
Shared
0.00
None
0.00

NPK INTERNATIONAL INC

SOLE
COM SHS
Shares1.82M
TypeSH
Market value$26.35M
1.52%
Sole
1.82M
Shared
0.00
None
0.00

DOUGLAS DYNAMICS INC

SOLE
COM
Shares621.85K
TypeSH
Market value$26.17M
1.51%
Sole
621.85K
Shared
0.00
None
0.00

CAVCO INDS INC DEL

SOLE
COM
Shares50.99K
TypeSH
Market value$24.69M
1.42%
Sole
50.99K
Shared
0.00
None
0.00

FIRST INTST BANCSYSTEM INC

SOLE
COM
Shares735.42K
TypeSH
Market value$24.56M
1.42%
Sole
735.42K
Shared
0.00
None
0.00

PRICESMART INC

SOLE
COM
Shares162.19K
TypeSH
Market value$24.41M
1.41%
Sole
162.19K
Shared
0.00
None
0.00

VITESSE ENERGY INC

SOLE
COMMON STOCK
Shares1.33M
TypeSH
Market value$24.22M
1.40%
Sole
1.33M
Shared
0.00
None
0.00

PAR PAC HOLDINGS INC

SOLE
COM NEW
Shares377.21K
TypeSH
Market value$23.63M
1.36%
Sole
377.21K
Shared
0.00
None
0.00

SELECT WATER SOLUTIONS INC

SOLE
CL A COM
Shares1.53M
TypeSH
Market value$23.39M
1.35%
Sole
1.53M
Shared
0.00
None
0.00

BUNGE GLOBAL SA

SOLE
COM SHS
Shares182.21K
TypeSH
Market value$23.18M
1.34%
Sole
182.21K
Shared
0.00
None
0.00

GREEN BRICK PARTNERS INC

SOLE
COM
Shares358.34K
TypeSH
Market value$23.10M
1.33%
Sole
358.34K
Shared
0.00
None
0.00

I3 VERTICALS INC

SOLE
COM CL A
Shares1.03M
TypeSH
Market value$23.09M
1.33%
Sole
1.03M
Shared
0.00
None
0.00
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