Q1 2025 · 13F-HR
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.holdings as filed
Filed 2025-05-15 · accession 0001398344-25-009452
$1.53B
Reported value
164
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 861896108 | SNEX | STONEX GROUP INC | $64.4M | 4.22% | 843,524 | Common | NONE |
| 750491102 | RDNT | RADNET INC | $34.5M | 2.26% | 694,243 | Common | NONE |
| 69346N107 | PDX | PIMCO DYNAMIC INCOME STRATEG | $30.8M | 2.02% | 1,255,780 | Common | NONE |
| 518613203 | LAUR | LAUREATE EDUCATION INC | $30.5M | 2.00% | 1,489,257 | Common | NONE |
| 85208M102 | SFM | SPROUTS FMRS MKT INC | $29.0M | 1.90% | 189,863 | Common | NONE |
| 146280508 | SILA | SILA REALTY TRUST INC | $28.4M | 1.86% | 1,064,088 | Common | NONE |
| 039653100 | ACA | ARCOSA INC | $27.9M | 1.83% | 361,582 | Common | NONE |
| 913915104 | UTI | UNIVERSAL TECHNICAL INST INC | $27.9M | 1.83% | 1,085,072 | Common | NONE |
| Y27183600 | GSL | GLOBAL SHIP LEASE INC NEW | $27.3M | 1.79% | 1,196,892 | Common | NONE |
| 92511U102 | VRRM | VERRA MOBILITY CORP | $25.3M | 1.65% | 1,121,731 | Common | NONE |
| 92852X103 | VTS | VITESSE ENERGY INC | $25.1M | 1.64% | 1,020,442 | Common | NONE |
| 09624H208 | BXC | BLUELINX HLDGS INC | $24.4M | 1.60% | 324,985 | Common | NONE |
| 392709101 | GRBK | GREEN BRICK PARTNERS INC | $22.7M | 1.49% | 389,910 | Common | NONE |
| 002121101 | ATEN | A10 NETWORKS INC | $22.3M | 1.46% | 1,362,331 | Common | NONE |
| 149568107 | CVCO | CAVCO INDS INC DEL | $22.1M | 1.45% | 42,522 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $20.8M | 1.36% | 134,299 | Common | NONE |
| 42222N103 | HSTM | HEALTHSTREAM INC | $19.8M | 1.29% | 613,971 | Common | NONE |
| 337738108 | FISV | FISERV INC | $19.0M | 1.24% | 85,885 | Common | NONE |
| 81617J301 | WTTR | SELECT WATER SOLUTIONS INC | $18.5M | 1.21% | 1,765,582 | Common | NONE |
| G7709Q104 | RPRX | ROYALTY PHARMA PLC | $17.9M | 1.17% | 573,603 | Common | NONE |
| 48251W104 | KKR | KKR & CO INC | $17.7M | 1.16% | 152,777 | Common | NONE |
| 04316A108 | APAM | ARTISAN PARTNERS ASSET MGMT | $17.1M | 1.12% | 437,067 | Common | NONE |
| 32055Y201 | FIBK | FIRST INTST BANCSYSTEM INC | $16.9M | 1.10% | 588,427 | Common | NONE |
| 353469109 | FC | FRANKLIN COVEY CO | $16.2M | 1.06% | 586,071 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $15.7M | 1.03% | 29,546 | Common | NONE |
| 830830105 | SKY | CHAMPION HOMES INC | $15.5M | 1.02% | 163,635 | Common | NONE |
| 140501107 | CSWC | CAPITAL SOUTHWEST CORP | $15.3M | 1.00% | 686,513 | Common | NONE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $15.3M | 1.00% | 122,462 | Common | NONE |
| 431636109 | HLMN | HILLMAN SOLUTIONS CORP | $15.2M | 1.00% | 1,730,251 | Common | NONE |
| 946760105 | CLMB | CLIMB GLOBAL SOLUTIONS INC | $14.4M | 0.95% | 130,250 | Common | NONE |
| 126402106 | CSW | CSW INDUSTRIALS INC | $14.2M | 0.93% | 48,833 | Common | NONE |
| 88642R109 | TDW | TIDEWATER INC NEW | $14.2M | 0.93% | 336,282 | Common | NONE |
| 25960R105 | PLOW | DOUGLAS DYNAMICS INC | $14.1M | 0.93% | 608,664 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $14.0M | 0.92% | 57,239 | Common | NONE |
| H11356104 | BG | BUNGE GLOBAL SA | $14.0M | 0.92% | 182,934 | Common | NONE |
| 10948C107 | BV | BRIGHTVIEW HLDGS INC | $13.9M | 0.91% | 1,086,366 | Common | NONE |
| 28852N109 | EFC | ELLINGTON FINANCIAL INC | $13.7M | 0.90% | 1,031,915 | Common | NONE |
| 602496101 | MDXG | MIMEDX GROUP INC | $13.2M | 0.87% | 1,738,678 | Common | NONE |
| 760125104 | RTO | RENTOKIL INITIAL PLC | $13.2M | 0.87% | 576,890 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $13.2M | 0.86% | 35,103 | Common | NONE |
| 58733R102 | MELI | MERCADOLIBRE INC | $13.1M | 0.86% | 6,722 | Common | NONE |
| 741511109 | PSMT | PRICESMART INC | $13.1M | 0.86% | 149,222 | Common | NONE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $13.1M | 0.86% | 26,292 | Common | NONE |
| 011311107 | ALG | ALAMO GROUP INC | $12.8M | 0.84% | 71,964 | Common | NONE |
| 03076C106 | AMP | AMERIPRISE FINL INC | $12.7M | 0.83% | 26,159 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $12.6M | 0.82% | 90,037 | Common | NONE |
| G8192H106 | SPNT | SIRIUSPOINT LTD | $12.5M | 0.82% | 724,110 | Common | NONE |
| 92557A101 | DSP | VIANT TECHNOLOGY INC | $12.3M | 0.80% | 989,771 | Common | NONE |
| 46266C105 | IQV | IQVIA HLDGS INC | $12.1M | 0.79% | 68,765 | Common | NONE |
| 69888T207 | PARR | PAR PAC HOLDINGS INC | $12.1M | 0.79% | 848,290 | Common | NONE |
| 404609109 | HCKT | HACKETT GROUP INC | $12.0M | 0.79% | 410,741 | Common | NONE |
| 760759100 | RSG | REPUBLIC SVCS INC | $12.0M | 0.79% | 49,542 | Common | NONE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $11.6M | 0.76% | 406,263 | Common | NONE |
| 90384S303 | ULTA | ULTA BEAUTY INC | $11.6M | 0.76% | 31,559 | Common | NONE |
| 46571Y107 | IIIV | I3 VERTICALS INC | $11.2M | 0.73% | 454,272 | Common | NONE |
| 489398107 | KW | KENNEDY-WILSON HOLDINGS INC | $11.2M | 0.73% | 1,291,042 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $10.9M | 0.72% | 110,576 | Common | NONE |
| 006739106 | ADUS | ADDUS HOMECARE CORP | $10.9M | 0.71% | 110,286 | Common | NONE |
| 640491106 | NEOG | NEOGEN CORP | $10.6M | 0.70% | 1,224,898 | Common | NONE |
| 52472M101 | LEGH | LEGACY HOUSING CORP | $10.6M | 0.69% | 419,520 | Common | NONE |
| 244199105 | DE | DEERE & CO | $10.4M | 0.68% | 22,223 | Common | NONE |
| 10949T109 | BRSP | BRIGHTSPIRE CAPITAL INC | $10.2M | 0.67% | 1,836,035 | Common | NONE |
| 17888H103 | CIVI | CIVITAS RESOURCES INC | $10.0M | 0.65% | 286,014 | Common | NONE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $10.0M | 0.65% | 31,906 | Common | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $9.9M | 0.65% | 42,811 | Common | NONE |
| 57667L107 | MTCH | MATCH GROUP INC NEW | $9.8M | 0.64% | 314,094 | Common | NONE |
| 26875P101 | EOG | EOG RES INC | $9.7M | 0.64% | 75,854 | Common | NONE |
| 036752103 | ELV | ELEVANCE HEALTH INC | $9.7M | 0.63% | 22,233 | Common | NONE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $9.6M | 0.63% | 114,572 | Common | NONE |
| 95768B107 | HYI | WESTERN ASSET HIGH YIELD DEF | $9.5M | 0.63% | 806,469 | Common | NONE |
| 53635B107 | LQDT | LIQUIDITY SVCS INC | $9.4M | 0.62% | 303,358 | Common | NONE |
| 04035M102 | ARHS | ARHAUS INC | $9.4M | 0.62% | 1,079,256 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $8.9M | 0.58% | 53,749 | Common | NONE |
| 87612E106 | TGT | TARGET CORP | $8.8M | 0.58% | 84,190 | Common | NONE |
| 00206R102 | T | AT&T INC | $8.8M | 0.57% | 309,417 | Common | NONE |
| 556269108 | SHOO | MADDEN STEVEN LTD | $8.7M | 0.57% | 327,422 | Common | NONE |
| 00123Q104 | AGNC | AGNC INVT CORP | $8.6M | 0.56% | 896,626 | Common | NONE |
| 14448C104 | CARR | CARRIER GLOBAL CORPORATION | $8.6M | 0.56% | 135,158 | Common | NONE |
| 33741Q107 | FTHY | FIRST TR HIGH YIELD OPPRT 20 | $8.0M | 0.53% | 555,898 | Common | NONE |
| G4095J109 | GLRE | GREENLIGHT CAPITAL RE LTD | $8.0M | 0.52% | 588,464 | Common | NONE |
| 73754Y100 | PTB | POTBELLY CORP | $8.0M | 0.52% | 837,355 | Common | NONE |
| 533535100 | LINC | LINCOLN EDL SVCS CORP | $7.8M | 0.51% | 488,800 | Common | NONE |
| 00162Q452 | AMLP | ALPS ETF TR | $7.5M | 0.49% | 144,436 | Common | NONE |
| G3R239101 | GAMB | GAMBLING COM GROUP LIMITED | $7.3M | 0.48% | 580,900 | Common | NONE |
| 09257W100 | BXMT | BLACKSTONE MTG TR INC | $7.3M | 0.48% | 365,164 | Common | NONE |
| 87874R308 | TTGT | TECHTARGET INC | $7.1M | 0.46% | 477,370 | Common | NONE |
| 651718504 | NPKI | NPK INTERNATIONAL INC | $7.0M | 0.46% | 1,207,100 | Common | NONE |
| 505743104 | LADR | LADDER CAP CORP | $7.0M | 0.46% | 614,505 | Common | NONE |
| 52466B103 | LZ | LEGALZOOM COM INC | $6.9M | 0.45% | 801,080 | Common | NONE |
| 17878Y207 | CVEO | CIVEO CORP CDA | $6.3M | 0.41% | 273,470 | Common | NONE |
| 69291A100 | PHXUSD | PHX MINERALS INC | $6.2M | 0.41% | 1,582,234 | Common | NONE |
| 097023204 | BA 6 10/15/27 | BOEING CO | $6.2M | 0.41% | 104,265 | Common | NONE |
| 761025105 | RSSS | RESEARCH SOLUTIONS INC | $6.2M | 0.40% | 2,367,771 | Common | NONE |
| 71377E105 | PFMTUSD | PERFORMANT HEALTHCARE INC | $6.1M | 0.40% | 2,062,100 | Common | NONE |
| 256086109 | DCGO | DOCGO INC | $5.8M | 0.38% | 2,201,667 | Common | NONE |
| 25264R207 | BVE | DIAMOND HILL INVT GROUP INC | $5.7M | 0.37% | 39,955 | Common | NONE |
| 94419LAM3 | W 0.625 10/01/25 | WAYFAIR INC | $5.4M | 0.35% | 5,563,000 | Common | NONE |
| 42727E103 | HGBL | HERITAGE GLOBAL INC | $5.4M | 0.35% | 2,454,467 | Common | NONE |
| 108621103 | BWB | BRIDGEWATER BANCSHARES INC | $5.3M | 0.35% | 382,500 | Common | NONE |
| 910710102 | ACIC | AMERICAN COASTAL INS CORP | $5.3M | 0.35% | 455,400 | Common | NONE |
| 18482P103 | CLFD | CLEARFIELD INC | $5.3M | 0.34% | 177,000 | Common | NONE |
| 780915104 | RMT | ROYCE MICRO-CAP TR INC | $5.1M | 0.34% | 610,323 | Common | NONE |
| 541098109 | CPTAUSD | LOGAN RIDGE FINANCE CORP | $5.0M | 0.33% | 227,960 | Common | NONE |
| 09261X102 | BXSL | BLACKSTONE SECD LENDING FD | $5.0M | 0.33% | 154,704 | Common | NONE |
| 29786A106 | ETSY | ETSY INC | $4.8M | 0.32% | 102,005 | Common | NONE |
| 87918AAF2 | TDOC 1.25 06/01/27 | TELADOC HEALTH INC | $4.6M | 0.30% | 5,032,000 | Common | NONE |
| 902673102 | UFPT | UFP TECHNOLOGIES INC | $4.6M | 0.30% | 22,700 | Common | NONE |
| 00847J105 | AGYS | AGILYSYS INC | $4.5M | 0.29% | 61,440 | Common | NONE |
| 014491104 | ALEX | ALEXANDER & BALDWIN INC NEW | $4.3M | 0.28% | 251,390 | Common | NONE |
| 893529107 | TRNS | TRANSCAT INC | $4.3M | 0.28% | 57,530 | Common | NONE |
| 92663R105 | VMD | VIEMED HEALTHCARE INC | $4.2M | 0.28% | 580,000 | Common | NONE |
| 33751L105 | MYFW | FIRST WESTN FINL INC | $4.1M | 0.27% | 210,475 | Common | NONE |
| 05366Y201 | AVNW | AVIAT NETWORKS INC | $4.1M | 0.27% | 214,619 | Common | NONE |
| 285409108 | ELMD | ELECTROMED INC | $3.9M | 0.26% | 163,594 | Common | NONE |
| 520776105 | DSGR | DISTRIBUTION SOLUTIONS GRP I | $3.8M | 0.25% | 133,976 | Common | NONE |
| 828359109 | SAMG | SILVERCREST ASSET MGMT GROUP | $3.7M | 0.25% | 229,211 | Common | NONE |
| 87357P100 | TCMD | TACTILE SYS TECHNOLOGY INC | $3.7M | 0.24% | 282,000 | Common | NONE |
| 52603BAD9 | TREE 0.5 07/15/25 | LENDINGTREE INC | $3.6M | 0.23% | 3,637,000 | Common | NONE |
| 143905107 | CSV | CARRIAGE SVCS INC | $3.5M | 0.23% | 91,500 | Common | NONE |
| 629445206 | NVEC | NVE CORP | $3.5M | 0.23% | 55,055 | Common | NONE |
| 45685K102 | INFU | INFUSYSTEM HLDGS INC | $3.3M | 0.22% | 614,656 | Common | NONE |
| 749552105 | RFIL | RF INDS LTD | $3.2M | 0.21% | 678,797 | Common | NONE |
| 48251W500 | KKR 6.25 03/01/28 D | KKR & CO INC | $2.9M | 0.19% | 58,595 | Common | NONE |
| 68235B208 | HH20 | 180 DEGREE CAP CORP | $2.8M | 0.19% | 714,156 | Common | NONE |
| 04638F108 | ALOT | ASTRONOVA INC | $2.8M | 0.18% | 301,429 | Common | NONE |
| 74265M205 | PDEX | PRO-DEX INC COLO | $2.7M | 0.18% | 54,000 | Common | NONE |
| 55025L108 | LFT | LUMENT FINANCE TRUST INC | $2.6M | 0.17% | 996,819 | Common | NONE |
| 019330109 | ALNT | ALLIENT INC | $2.6M | 0.17% | 118,000 | Common | NONE |
| 384556106 | GHM | GRAHAM CORP | $2.2M | 0.14% | 76,255 | Common | NONE |
| 68384X209 | OPXS | OPTEX SYS HLDGS INC | $2.1M | 0.14% | 372,500 | Common | NONE |
| 729273102 | PLBC | PLUMAS BANCORP | $1.9M | 0.12% | 43,940 | Common | NONE |
| 40416E103 | HCI | HCI GROUP INC | $1.8M | 0.12% | 12,000 | Common | NONE |
| 877163105 | TAYD | TAYLOR DEVICES INC | $1.6M | 0.10% | 48,864 | Common | NONE |
| 339382103 | FLXS | FLEXSTEEL INDS INC | $1.6M | 0.10% | 42,863 | Common | NONE |
| 294375209 | EPSN | EPSILON ENERGY LTD | $1.5M | 0.10% | 211,200 | Common | NONE |
| 464287689 | IWV | ISHARES TR | $1.5M | 0.10% | 4,614 | Common | NONE |
| 48563L101 | KRT | KARAT PACKAGING INC | $1.4M | 0.09% | 53,500 | Common | NONE |
| 45769N105 | ISSC | INNOVATIVE SOLUTIONS & SUPPO | $1.3M | 0.09% | 210,000 | Common | NONE |
| 749360400 | RCMT | RCM TECHNOLOGIES INC | $1.2M | 0.08% | 75,000 | Common | NONE |
| 23335Q100 | DLHC | DLH HLDGS CORP | $1.2M | 0.08% | 284,289 | Common | NONE |
| 98379L100 | XPEL | XPEL INC | $1.1M | 0.07% | 38,500 | Common | NONE |
| 46520M204 | ACCS | ACCESS NEWSWIRE INC | $1.1M | 0.07% | 125,000 | Common | NONE |
| 665809109 | NTIC | NORTHERN TECHNOLOGIES INTL C | $1.0M | 0.07% | 97,452 | Common | NONE |
| 66405S100 | NBN | NORTHEAST BK PORTLAND ME | $979,478 | 0.06% | 10,700 | Common | NONE |
| 74836W203 | QRHC | QUEST RESOURCE HLDG CORP | $876,850 | 0.06% | 337,250 | Common | NONE |
| 56146T103 | MAMA | MAMAS CREATIONS INC | $846,300 | 0.06% | 130,000 | Common | NONE |
| 492854104 | KEQU | KEWAUNEE SCIENTIFIC CORP | $787,600 | 0.05% | 20,000 | Common | NONE |
| 52474R207 | LGCY | LEGACY ED INC | $609,450 | 0.04% | 85,000 | Common | NONE |
| 922908611 | VBR | VANGUARD INDEX FDS | $214,584 | 0.01% | 1,152 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $113,296 | 0.01% | 412 | Common | NONE |
| 32026V104 | FFWM | FIRST FNDTN INC | $81,950 | 0.01% | 15,790 | Common | NONE |
| G21810109 | CLVT | CLARIVATE PLC | $65,002 | 0.00% | 16,540 | Common | NONE |
| 464288869 | IWC | ISHARES TR | $40,593 | 0.00% | 366 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $31,862 | 0.00% | 62 | Common | NONE |
| 464287226 | AGG | ISHARES TR | $29,676 | 0.00% | 300 | Common | NONE |
| 464287655 | IWM | ISHARES TR | $27,929 | 0.00% | 140 | Common | NONE |
| 464288802 | SUSA | ISHARES TR | $21,825 | 0.00% | 190 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $15,733 | 0.00% | 28 | Common | NONE |
| 416906105 | HBIOUSD | HARVARD BIOSCIENCE INC | $14,482 | 0.00% | 25,586 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $9,725 | 0.00% | 93 | Common | NONE |
| 464288513 | HYG | ISHARES TR | $7,573 | 0.00% | 96 | Common | NONE |
| 46432F842 | IEFA | ISHARES TR | $5,069 | 0.00% | 67 | Common | NONE |
| 464287242 | LQD | ISHARES TR | $4,891 | 0.00% | 45 | Common | NONE |
| 464287408 | IVE | ISHARES TR | $2,867 | 0.00% | 15 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.