-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ixa1aCzbdcLaR8yZ/wyFjGyhGQbCdPaGBeCkSLrN6SvB5J/npDZOISJvbHu/liQK Du5oWY1gzvXlYry4ywSt8Q== 0001221073-09-000011.txt : 20090427 0001221073-09-000011.hdr.sgml : 20090427 20090427074858 ACCESSION NUMBER: 0001221073-09-000011 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090331 FILED AS OF DATE: 20090427 DATE AS OF CHANGE: 20090427 EFFECTIVENESS DATE: 20090427 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. CENTRAL INDEX KEY: 0001238990 IRS NUMBER: 820566501 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10972 FILM NUMBER: 09771108 BUSINESS ADDRESS: STREET 1: 3601 W. 76TH STREET STREET 2: SUITE 225 CITY: EDINA STATE: MN ZIP: 55435 BUSINESS PHONE: 9522244350 MAIL ADDRESS: STREET 1: 3601 W. 76TH STREET STREET 2: SUITE 225 CITY: EDINA STATE: MN ZIP: 55435 FORMER COMPANY: FORMER CONFORMED NAME: BRIDGEWATER CAPITAL ADVISORS INC DATE OF NAME CHANGE: 20030605 13F-HR 1 punc1q09.txt PUNCH & ASSOCIATES INVESTMENT MANAGEMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2009 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Punch & Associates Investment Management, Inc. Address: 3601 W. 76th Street, #225 Edina, MN 55435 13F File Number: 28-10972 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Howard D. Punch, Jr. Title: President Phone: 952-224-4350 Signature, Place, and Date of Signing: /s/ Howard D. Punch, Jr. Edina, MN April 20, 2009 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 177 Form13F Information Table Value Total: $179,425 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO COM 88579y101 1508 30325 SH SOLE SOLE 30325 0 0 A D A M INC COM 00088u108 133 50000 SH SOLE SOLE 50000 0 0 ABBOTT LABS COM 002824100 627 13141 SH SOLE SOLE 13141 0 0 ACCENTURE LTD BERMUDA CL A g1150g111 1796 65345 SH SOLE SOLE 65345 0 0 ALLEGIANT TRAVEL CO COM 01748x102 4222 92865 SH SOLE SOLE 92865 0 0 AMERICAN CAPITAL AGENCY CORP COM 02503x105 1196 69921 SH SOLE SOLE 69921 0 0 AMERICAN CARESOURCE HLDGS IN COM 02505a103 498 65000 SH SOLE SOLE 65000 0 0 AMERICAN MED ALERT CORP COM 027904101 235 46000 SH SOLE SOLE 46000 0 0 AMERICAN ORIENTAL BIOENGR IN COM 028731107 1073 278012 SH SOLE SOLE 278012 0 0 AMERICAN PHYSICIANS SVC GROU COM 028882108 473 24700 SH SOLE SOLE 24700 0 0 AMERICAN SOFTWARE INC CL A 029683109 277 52597 SH SOLE SOLE 52597 0 0 AMERIPRISE FINL INC COM 03076c106 540 26339 SH SOLE SOLE 26339 0 0 ANNALY CAP MGMT INC COM 035710409 3241 233686 SH SOLE SOLE 233686 0 0 ARIBA INC COM NEW 04033v203 1301 149015 SH SOLE SOLE 149015 0 0 ARTS WAY MFG INC COM 043168103 190 47000 SH SOLE SOLE 47000 0 0 ASSURANT INC COM 04621x108 1649 75701 SH SOLE SOLE 75701 0 0 ASTRO-MED INC NEW COM 04638f108 389 71600 SH SOLE SOLE 71600 0 0 BIO IMAGING TECHNOLOGIES INC COM 09056n103 135 38800 SH SOLE SOLE 38800 0 0 BIRNER DENTAL MGMT SERVICES COM NEW 091283200 132 11486 SH SOLE SOLE 11486 0 0 BLACKBOARD INC COM 091935502 2568 80922 SH SOLE SOLE 80922 0 0 BLACKROCK GLBL ENRGY & RES T COM 09250u101 461 30036 SH SOLE SOLE 30036 0 0 BLACKROCK INSD MUN TERM TR I COM 092474105 1226 119300 SH SOLE SOLE 119300 0 0 BLACKROCK MUNIENHANCED FD IN COM 09253y100 95 10926 SH SOLE SOLE 10926 0 0 BLACKROCK PFD & EQ ADVANTAGE COM 092508100 936 147816 SH SOLE SOLE 147816 0 0 BLACKROCK REAL ASSET EQUITY COM 09254b109 744 105350 SH SOLE SOLE 105350 0 0 BLACKROCK S&P QLTY RK EQ MD SHS BEN INT 09250d109 248 29252 SH SOLE SOLE 29252 0 0 BOLT TECHNOLOGY CORP COM 097698104 142 20000 SH SOLE SOLE 20000 0 0 CALAMOS ASSET MGMT INC CL A 12811r104 423 87931 SH SOLE SOLE 87931 0 0 CALAMOS GBL DYN INCOME FUND COM 12811l107 932 171009 SH SOLE SOLE 171009 0 0 CALAMOS STRATEGIC TOTL RETN COM SH BEN INT 128125101 3152 554011 SH SOLE SOLE 554011 0 0 CALAVO GROWERS INC COM 128246105 168 14000 SH SOLE SOLE 14000 0 0 CAPLEASE INC COM 140288101 951 482542 SH SOLE SOLE 482542 0 0 CAPSTEAD MTG CORP COM NO PAR 14067e506 1074 100000 SH SOLE SOLE 100000 0 0 CAPSTEAD MTG CORP PFD B CV $1.26 14067e308 1960 149025 SH SOLE SOLE 149025 0 0 CARACO PHARMACEUTICAL LABS L COM 14075t107 694 197155 SH SOLE SOLE 197155 0 0 CARIBOU COFFEE INC COM 142042209 24 11394 SH SOLE SOLE 11394 0 0 CBIZ INC COM 124805102 3623 519745 SH SOLE SOLE 519745 0 0 CENTURYTEL INC COM 156700106 1250 44438 SH SOLE SOLE 44438 0 0 CHINA MOBILE LIMITED SPONSORED ADR 16941m109 1991 45745 SH SOLE SOLE 45745 0 0 CHINA NEPSTAR CHAIN DRUGSTOR SPONSORED ADR 16943c109 54 13400 SH SOLE SOLE 13400 0 0 CLICKSOFTWARE TECHNOLOGIES L ORD m25082104 353 95000 SH SOLE SOLE 95000 0 0 CLOUGH GLOBAL EQUITY FD COM 18914c100 925 94637 SH SOLE SOLE 94637 0 0 CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914e106 2603 282936 SH SOLE SOLE 282936 0 0 COCA COLA CO COM 191216100 1235 28100 SH SOLE SOLE 28100 0 0 COHEN & STEERS INC COM 19247a100 736 65908 SH SOLE SOLE 65908 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 699 45597 SH SOLE SOLE 45597 0 0 COMPELLENT TECHNOLOGIES INC COM 20452a108 1927 177645 SH SOLE SOLE 177645 0 0 COMPUTER TASK GROUP INC COM 205477102 345 100000 SH SOLE SOLE 100000 0 0 CONTINUCARE CORP COM 212172100 284 150000 SH SOLE SOLE 150000 0 0 CRAY INC COM NEW 225223304 350 100000 SH SOLE SOLE 100000 0 0 CVS CAREMARK CORPORATION COM 126650100 1739 63275 SH SOLE SOLE 63275 0 0 DATALINK CORP COM 237934104 260 89796 SH SOLE SOLE 89796 0 0 DATAWATCH CORP COM NEW 237917208 17 13000 SH SOLE SOLE 13000 0 0 DEFINED STRATEGY FD INC COM 24476y100 161 20890 SH SOLE SOLE 20890 0 0 DELIA'S INC NEW COM 246911101 167 100000 SH SOLE SOLE 100000 0 0 DOLAN MEDIA CO COM 25659p402 1292 164226 SH SOLE SOLE 164226 0 0 DREMAN/CLAYMORE DIVID & INC COM 26153r100 17 11771 SH SOLE SOLE 11771 0 0 DSW INC CL A 23334l102 513 55221 SH SOLE SOLE 55221 0 0 DUKE ENERGY CORP NEW COM 26441c105 2110 147379 SH SOLE SOLE 147379 0 0 DWS DREMAN VAL INCOME EDGE F COM 23339m105 152 44789 SH SOLE SOLE 44789 0 0 EATON VANCE CORP COM NON VTG 278265103 239 10481 SH SOLE SOLE 10481 0 0 EATON VANCE TAX ADVT DIV INC COM 27828g107 1116 124992 SH SOLE SOLE 124992 0 0 EATON VANCE TX ADV GLBL DIV COM 27828s101 630 78632 SH SOLE SOLE 78632 0 0 EBIX INC COM NEW 278715206 986 39665 SH SOLE SOLE 39665 0 0 ECOLAB INC COM 278865100 2021 58200 SH SOLE SOLE 58200 0 0 ELECTRO RENT CORP COM 285218103 1653 171453 SH SOLE SOLE 171453 0 0 ELECTRO-SENSORS INC COM 285233102 109 45500 SH SOLE SOLE 45500 0 0 ENCORIUM GROUP INC COM 29257r109 15 60000 SH SOLE SOLE 60000 0 0 EPIQ SYS INC COM 26882d109 3695 204963 SH SOLE SOLE 204963 0 0 EQUUS TOTAL RETURN INC COM 294766100 425 149239 SH SOLE SOLE 149239 0 0 EXPONENT INC COM 30214u102 523 20649 SH SOLE SOLE 20649 0 0 EXPRESS 1 EXPEDITED SOLUTION COM 30217q108 9 10000 SH SOLE SOLE 10000 0 0 EXXON MOBIL CORP COM 30231g102 1124 16509 SH SOLE SOLE 16509 0 0 FISERV INC COM 337738108 1658 45477 SH SOLE SOLE 45477 0 0 FPIC INS GROUP INC COM 302563101 2006 54163 SH SOLE SOLE 54163 0 0 FRANKLIN RES INC COM 354613101 347 6442 SH SOLE SOLE 6442 0 0 FTI CONSULTING INC COM 302941109 2869 57976 SH SOLE SOLE 57976 0 0 GABELLI DIVD & INCOME TR COM 36242h104 2533 303385 SH SOLE SOLE 303385 0 0 GABELLI GLOBAL DEAL FD COM SBI 36245g103 2449 197681 SH SOLE SOLE 197681 0 0 GENERAL ELECTRIC CO COM 369604103 182 17956 SH SOLE SOLE 17956 0 0 H & Q HEALTHCARE FD SH BEN INT 404052102 1645 163400 SH SOLE SOLE 163400 0 0 H & Q LIFE SCIENCES INVS SH BEN INT 404053100 1411 180858 SH SOLE SOLE 180858 0 0 HARVARD BIOSCIENCE INC COM 416906105 79 26600 SH SOLE SOLE 26600 0 0 HEALTH CARE REIT INC COM 42217k106 1295 42331 SH SOLE SOLE 42331 0 0 HEALTH GRADES INC COM 42218q102 81 40000 SH SOLE SOLE 40000 0 0 HENRY BROS ELECTRONICS INC COM 426286100 148 20000 SH SOLE SOLE 20000 0 0 HIGH YIELD INCOME FD INC COM 429904105 35 10000 SH SOLE SOLE 10000 0 0 HIGH YIELD PLUS FD INC COM 429906100 100 42300 SH SOLE SOLE 42300 0 0 HMS HLDGS CORP COM 40425j101 362 11000 SH SOLE SOLE 11000 0 0 HORMEL FOODS CORP COM 440452100 1942 61240 SH SOLE SOLE 61240 0 0 HQ SUSTAINABLE MARITIM IND I COM NEW 40426a208 497 65000 SH SOLE SOLE 65000 0 0 IKONICS CORP COM 45172k102 117 26722 SH SOLE SOLE 26722 0 0 IMAGE SENSING SYS INC COM 45244c104 533 59906 SH SOLE SOLE 59906 0 0 IMMUCELL CORP COM PAR $0.10 452525306 69 49250 SH SOLE SOLE 49250 0 0 INSIGNIA SYS INC COM 45765y105 219 109498 SH SOLE SOLE 109498 0 0 INTEGRAMED AMER INC COM NEW 45810n302 486 79835 SH SOLE SOLE 79835 0 0 INTRICON CORP COM 46121h109 62 20000 SH SOLE SOLE 20000 0 0 INVESCO LTD SHS g491bt108 1456 105024 SH SOLE SOLE 105024 0 0 ISHARES TR S&P500 GRW 464287309 4800 114666 SH SOLE SOLE 114666 0 0 ISHARES TR S&P SMLCAP 600 464287804 3766 103499 SH SOLE SOLE 103499 0 0 J & J SNACK FOODS CORP COM 466032109 3018 87009 SH SOLE SOLE 87009 0 0 JANUS CAP GROUP INC COM 47102x105 879 132183 SH SOLE SOLE 132183 0 0 JOHNSON & JOHNSON COM 478160104 2390 45435 SH SOLE SOLE 45435 0 0 JPMORGAN CHASE & CO COM 46625h100 1196 45004 SH SOLE SOLE 45004 0 0 LANDEC CORP COM 514766104 940 168681 SH SOLE SOLE 168681 0 0 LAZARD GLB TTL RET&INCM FD I COM 52106w103 642 66617 SH SOLE SOLE 66617 0 0 LIME ENERGY CO COM NEW 53261u205 54 14285 SH SOLE SOLE 14285 0 0 LMP CAP & INCOME FD INC COM 50208a102 2895 414112 SH SOLE SOLE 414112 0 0 MADDEN STEVEN LTD COM 556269108 523 27875 SH SOLE SOLE 27875 0 0 MAGELLAN HEALTH SVCS INC COM NEW 559079207 1295 35527 SH SOLE SOLE 35527 0 0 MEADOWBROOK INS GROUP INC COM 58319p108 1837 301076 SH SOLE SOLE 301076 0 0 MEDIFAST INC COM 58470h101 149 36000 SH SOLE SOLE 36000 0 0 MEDTRONIC INC COM 585055106 743 25227 SH SOLE SOLE 25227 0 0 MESA LABS INC COM 59064r109 174 10860 SH SOLE SOLE 10860 0 0 MET PRO CORP COM 590876306 82 10000 SH SOLE SOLE 10000 0 0 METROPOLITAN HEALTH NETWORKS COM 592142103 147 100000 SH SOLE SOLE 100000 0 0 MFA FINANCIAL INC COM 55272x102 4525 769535 SH SOLE SOLE 769535 0 0 MICROS SYS INC COM 594901100 397 21165 SH SOLE SOLE 21165 0 0 MONRO MUFFLER BRAKE INC COM 610236101 2776 101579 SH SOLE SOLE 101579 0 0 MORGAN STANLEY ASIA PAC FD I COM 61744u106 502 53333 SH SOLE SOLE 53333 0 0 NASDAQ PREM INCM & GRW FD IN COM 63110r105 2819 289538 SH SOLE SOLE 289538 0 0 NATHANS FAMOUS INC NEW COM 632347100 283 22600 SH SOLE SOLE 22600 0 0 NEOGEN CORP COM 640491106 437 20000 SH SOLE SOLE 20000 0 0 NEUBERGER BERMAN INTER MUNI COM 64124p101 212 17619 SH SOLE SOLE 17619 0 0 NFJ DIVID INT & PREM STRTGY COM SHS 65337h109 867 86678 SH SOLE SOLE 86678 0 0 NOAH ED HLDGS LTD ADR 65487r303 316 105007 SH SOLE SOLE 105007 0 0 NOBEL LEARNING CMNTYS INC COM 654889104 793 67540 SH SOLE SOLE 67540 0 0 NOVARTIS A G SPONSORED ADR 66987v109 1794 47430 SH SOLE SOLE 47430 0 0 NUVEEN EQUITY PREM & GROWTH COM 6706ew100 2332 242954 SH SOLE SOLE 242954 0 0 NVE CORP COM NEW 629445206 715 24806 SH SOLE SOLE 24806 0 0 PHC INC MASS CL A 693315103 45 60000 SH SOLE SOLE 60000 0 0 POWERSHARES ETF TRUST ZACKS MC PRTFL 73935x740 321 45758 SH SOLE SOLE 45758 0 0 PRICE T ROWE GROUP INC COM 74144t108 303 10491 SH SOLE SOLE 10491 0 0 PROCTER & GAMBLE CO COM 742718109 1468 31184 SH SOLE SOLE 31184 0 0 PUTNAM MANAGED MUN INCOM TR COM 746823103 1886 345509 SH SOLE SOLE 345509 0 0 PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 3901 416758 SH SOLE SOLE 416758 0 0 RAMTRON INTL CORP COM NEW 751907304 79 80000 SH SOLE SOLE 80000 0 0 REAVES UTIL INCOME FD COM SH BEN INT 756158101 2294 212811 SH SOLE SOLE 212811 0 0 REPUBLIC SVCS INC COM 760759100 958 55884 SH SOLE SOLE 55884 0 0 ROCHESTER MED CORP COM 771497104 330 29902 SH SOLE SOLE 29902 0 0 ROYAL BK SCOTLAND GROUP PLC SPON ADR SER H 780097879 140 22335 SH SOLE SOLE 22335 0 0 ROYCE MICRO-CAP TR INC COM 780915104 1144 227352 SH SOLE SOLE 227352 0 0 ROYCE VALUE TR INC COM 780910105 2804 397175 SH SOLE SOLE 397175 0 0 RYDEX ETF TRUST TOP 50 ETF 78355w205 411 6591 SH SOLE SOLE 6591 0 0 SCHWAB CHARLES CORP NEW COM 808513105 2068 133392 SH SOLE SOLE 133392 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369y886 202 7900 SH SOLE SOLE 7900 0 0 SIMULATIONS PLUS INC COM 829214105 170 189000 SH SOLE SOLE 189000 0 0 SMALL CAP PREM & DIV INCM FD COM 83165p101 381 46978 SH SOLE SOLE 46978 0 0 SMITH & WESSON HLDG CORP COM 831756101 90 15000 SH SOLE SOLE 15000 0 0 SPORT SUPPLY GROUP INC DEL COM 84916a104 84 15000 SH SOLE SOLE 15000 0 0 STANDARD PARKING CORP COM 853790103 3068 187047 SH SOLE SOLE 187047 0 0 STEREOTAXIS INC COM 85916j102 56 14000 SH SOLE SOLE 14000 0 0 STERICYCLE INC COM 858912108 330 6916 SH SOLE SOLE 6916 0 0 SUNAMERICA FCSED ALPHA GRW F COM 867037103 3863 433583 SH SOLE SOLE 433583 0 0 SUPPORTSOFT INC COM 868587106 192 100000 SH SOLE SOLE 100000 0 0 SUTOR TECH GROUP LTD COM 869362103 14 10000 SH SOLE SOLE 10000 0 0 SYNOVIS LIFE TECHNOLOGIES IN COM 87162g105 332 24000 SH SOLE SOLE 24000 0 0 SYNTEL INC COM 87162h103 1278 62120 SH SOLE SOLE 62120 0 0 TARGET CORP COM 87612e106 971 28238 SH SOLE SOLE 28238 0 0 TAYLOR DEVICES INC COM 877163105 213 82368 SH SOLE SOLE 82368 0 0 TRANSCEND SERVICES INC COM NEW 893929208 499 50000 SH SOLE SOLE 50000 0 0 TS&W CLAYMORE TAX ADVNTG BL COM 87280r108 532 78278 SH SOLE SOLE 78278 0 0 U S GLOBAL INVS INC CL A 902952100 122 25000 SH SOLE SOLE 25000 0 0 UNITED PARCEL SERVICE INC CL B 911312106 887 18030 SH SOLE SOLE 18030 0 0 UNITED TECHNOLOGIES CORP COM 913017109 1214 28243 SH SOLE SOLE 28243 0 0 UNIVERSAL HEALTH RLTY INCM T SH BEN INT 91359e105 1979 67695 SH SOLE SOLE 67695 0 0 USEC INC COM 90333e108 48 10000 SH SOLE SOLE 10000 0 0 VALUECLICK INC COM 92046n102 521 61192 SH SOLE SOLE 61192 0 0 VANGUARD INDEX FDS GROWTH ETF 922908736 695 18610 SH SOLE SOLE 18610 0 0 VANGUARD INDEX FDS SM CP VAL ETF 922908611 360 10370 SH SOLE SOLE 10370 0 0 VANGUARD INDEX FDS STK MRK ETF 922908769 631 15951 SH SOLE SOLE 15951 0 0 WADDELL & REED FINL INC CL A 930059100 1722 95316 SH SOLE SOLE 95316 0 0 WASTE MGMT INC DEL COM 94106l109 1433 55971 SH SOLE SOLE 55971 0 0 WAYSIDE TECHNOLOGY GROUP INC COM 946760105 348 50093 SH SOLE SOLE 50093 0 0 WEB COM GROUP INC COM 94733a104 381 114867 SH SOLE SOLE 114867 0 0 WRIGHT EXPRESS CORP COM 98233q105 779 42761 SH SOLE SOLE 42761 0 0 XCEL ENERGY INC COM 98389b100 238 12794 SH SOLE SOLE 12794 0 0
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