-----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, IX0QkXumk590wt2hmORh4poOqcpSgmEIvWWsPto75ci8fBh2qErx45lnFF62v5I3 c+o8aLk1i866mfrPxyvb6w== 0001221073-10-000002.txt : 20100208 0001221073-10-000002.hdr.sgml : 20100208 20100208073819 ACCESSION NUMBER: 0001221073-10-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100208 DATE AS OF CHANGE: 20100208 EFFECTIVENESS DATE: 20100208 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: 10578828 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 punc4q09.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: December 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: 028-10972 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 January 18, 2010 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 Form 13F Information Table Entry Total: 177 Form 13F Information Table Value Total: $270,880 (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 1665 20135 SH SOLE 20135 0 0 8X8 INC NEW COM 282914100 15 10000 SH SOLE 10000 0 0 A D A M INC COM 00088u108 357 85066 SH SOLE 85066 0 0 ABBOTT LABS COM 002824100 266 4920 SH SOLE 4920 0 0 ACCENTURE PLC IRELAND SHS CLASS A g1151c101 2619 63110 SH SOLE 63110 0 0 ALLEGIANT TRAVEL CO COM 01748x102 2918 61853 SH SOLE 61853 0 0 ALTISOURCE PORTFOLIO SOLNS S REG SHS l0175j104 2872 136843 SH SOLE 136843 0 0 AMERICA SVC GROUP INC COM 02364l109 214 13500 SH SOLE 13500 0 0 AMERICAN DENTAL PARTNERS COM 025353103 643 49900 SH SOLE 49900 0 0 AMERICAN MED ALERT CORP COM 027904101 398 60044 SH SOLE 60044 0 0 AMERICAN ORIENTAL BIOENGR IN COM 028731107 1613 346904 SH SOLE 346904 0 0 AMERICAN PHYSICIANS SVC GROU COM 028882108 628 27235 SH SOLE 27235 0 0 AMERICAN SOFTWARE INC CL A 029683109 450 75000 SH SOLE 75000 0 0 AMERIPRISE FINL INC COM 03076c106 2637 67932 SH SOLE 67932 0 0 APAC CUSTOMER SERVICES INC COM 00185e106 2698 452661 SH SOLE 452661 0 0 ARLINGTON ASSET INVT CORP CL A NEW 041356205 396 26000 SH SOLE 26000 0 0 ARTS WAY MFG INC COM 043168103 212 50000 SH SOLE 50000 0 0 ASCENT MEDIA CORP COM SER A 043632108 1537 60211 SH SOLE 60211 0 0 ASSURANT INC COM 04621x108 2642 89625 SH SOLE 89625 0 0 ASTA FDG INC COM 046220109 74 10402 SH SOLE 10402 0 0 ASTRO-MED INC NEW COM 04638f108 280 37496 SH SOLE 37496 0 0 BIOCLINICA INC COM 09071b100 305 72200 SH SOLE 72200 0 0 BLACKBOARD INC COM 091935502 2327 51270 SH SOLE 51270 0 0 BLACKROCK S&P QLTY RK EQ MD SHS BEN INT 09250d109 177 14166 SH SOLE 14166 0 0 BLUEPHOENIX SOLUTIONS LTD SHS m20157109 273 108000 SH SOLE 108000 0 0 BOEING CO COM 097023105 2506 46289 SH SOLE 46289 0 0 CALAMOS ASSET MGMT INC CL A 12811r104 1824 158339 SH SOLE 158339 0 0 CALAMOS GBL DYN INCOME FUND COM 12811l107 701 89127 SH SOLE 89127 0 0 CALAMOS STRATEGIC TOTL RETN COM SH BEN INT 128125101 4345 496049 SH SOLE 496049 0 0 CALAVO GROWERS INC COM 128246105 2593 152508 SH SOLE 152508 0 0 CAPLEASE INC COM 140288101 5370 1226084 SH SOLE 1226084 0 0 CAPSTEAD MTG CORP PFD B CV $1.26 14067E308 1855 131595 SH SOLE 131595 0 0 CARACO PHARMACEUTICAL LABS L COM 14075t107 3157 522751 SH SOLE 522751 0 0 CARE INVESTMENT TRUST INC COM 141657106 168 21585 SH SOLE 21585 0 0 CBIZ INC COM 124805102 3197 415174 SH SOLE 415174 0 0 CENTURYTEL INC COM 156700106 1876 51806 SH SOLE 51806 0 0 CHINA AGRITECH INC COM NEW 16937a200 307 11000 SH SOLE 11000 0 0 CHINA ED ALLIANCE INC COM NEW 16938y207 435 71135 SH SOLE 71135 0 0 CHINA GREEN AGRICULTURE INC COM 16943w105 809 55000 SH SOLE 55000 0 0 CHINA MOBILE LIMITED SPONSORED ADR 16941m109 1791 38573 SH SOLE 38573 0 0 CHINA TECHFAITH WIRLS COMM T SPONSORED ADR 169424108 503 164000 SH SOLE 164000 0 0 CHINA VALVES TECHNOLOGY INC COM NEW 169476207 693 75000 SH SOLE 75000 0 0 CHINA-BIOTICS INC COM 16937b109 464 30000 SH SOLE 30000 0 0 CLICKSOFTWARE TECHNOLOGIES L ORD m25082104 614 87760 SH SOLE 87760 0 0 CLOUGH GLOBAL EQUITY FD COM 18914c100 1172 82620 SH SOLE 82620 0 0 CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914e106 3451 267972 SH SOLE 267972 0 0 COCA COLA CO COM 191216100 1602 28100 SH SOLE 28100 0 0 COHEN & STEERS CLOSED END OP COM 19248p106 2361 194630 SH SOLE 194630 0 0 COHEN & STEERS REIT & UTIL I COM 19247y108 3335 314025 SH SOLE 314025 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 3203 89979 SH SOLE 89979 0 0 CONMED HEALTHCARE MGMT INC COM 20741m103 261 85000 SH SOLE 85000 0 0 CONTINUCARE CORP COM 212172100 437 100000 SH SOLE 100000 0 0 CRAY INC COM NEW 225223304 514 80000 SH SOLE 80000 0 0 CVS CAREMARK CORPORATION COM 126650100 2192 68054 SH SOLE 68054 0 0 DATALINK CORP COM 237934104 463 107000 SH SOLE 107000 0 0 DATAWATCH CORP COM NEW 237917208 159 63900 SH SOLE 63900 0 0 DOLAN MEDIA CO COM 25659p402 3565 349214 SH SOLE 349214 0 0 DSW INC CL A 23334l102 3008 116216 SH SOLE 116216 0 0 DUKE ENERGY CORP NEW COM 26441C105 2475 143807 SH SOLE 143807 0 0 DWS DREMAN VAL INCOME EDGE F COM NEW 23339M204 2815 233188 SH SOLE 233188 0 0 EATON VANCE TAX ADVT DIV INC COM 27828g107 273 17324 SH SOLE 17324 0 0 EATON VANCE TX ADV GLBL DIV COM 27828s101 349 25412 SH SOLE 25412 0 0 EBIX INC COM NEW 278715206 986 20200 SH SOLE 20200 0 0 ECOLAB INC COM 278865100 2496 56000 SH SOLE 56000 0 0 ELECTRO RENT CORP COM 285218103 2438 211298 SH SOLE 211298 0 0 EMERGENT GROUP INC NEV COM NEW 29089v203 464 64500 SH SOLE 64500 0 0 EPIQ SYS INC COM 26882d109 2837 202765 SH SOLE 202765 0 0 EPOCH HOLDING CORP COM 29428r103 1089 104240 SH SOLE 104240 0 0 EVER GLORY INTL GRP INC COM NEW 299766204 48 16500 SH SOLE 16500 0 0 EVERGREEN INTL BALANCED INCO COM 30024r109 975 69018 SH SOLE 69018 0 0 EXXON MOBIL CORP COM 30231g102 2139 31373 SH SOLE 31373 0 0 FISERV INC COM 337738108 2475 51057 SH SOLE 51057 0 0 FTI CONSULTING INC COM 302941109 1969 41748 SH SOLE 41748 0 0 GABELLI DIVD & INCOME TR COM 36242H104 3742 285409 SH SOLE 285409 0 0 GABELLI GLOBAL DEAL FD COM SBI 36245G103 3990 276880 SH SOLE 276880 0 0 GLOBAL TRAFFIC NETWORK INC COM 37947b103 215 51700 SH SOLE 51700 0 0 H & Q HEALTHCARE FD SH BEN INT 404052102 1720 145151 SH SOLE 145151 0 0 H & Q LIFE SCIENCES INVS SH BEN INT 404053100 1530 162102 SH SOLE 162102 0 0 HARVARD BIOSCIENCE INC COM 416906105 332 92972 SH SOLE 92972 0 0 HEALTH CARE REIT INC COM 42217K106 1894 42735 SH SOLE 42735 0 0 HEALTH GRADES INC COM 42218q102 418 97500 SH SOLE 97500 0 0 HENRY BROS ELECTRONICS INC COM 426286100 82 19000 SH SOLE 19000 0 0 HORMEL FOODS CORP COM 440452100 2517 65472 SH SOLE 65472 0 0 HUDSON TECHNOLOGIES INC COM 444144109 19 12800 SH SOLE 12800 0 0 HYPERCOM CORP COM 44913m105 48 15000 SH SOLE 15000 0 0 IMAGE SENSING SYS INC COM 45244c104 137 12000 SH SOLE 12000 0 0 IMMUCELL CORP COM PAR $0.10 452525306 52 14000 SH SOLE 14000 0 0 IMPERIAL SUGAR CO NEW COM NEW 453096208 814 46679 SH SOLE 46679 0 0 INSIGNIA SYS INC COM 45765y105 659 137898 SH SOLE 137898 0 0 INTEGRAMED AMER INC COM NEW 45810n302 427 54000 SH SOLE 54000 0 0 INTUITIVE SURGICAL INC COM NEW 46120e602 243 800 SH SOLE 800 0 0 INVENTURE GROUP INC COM 461214108 460 195000 SH SOLE 195000 0 0 INVESCO LTD SHS g491bt108 2830 120478 SH SOLE 120478 0 0 IPC THE HOSPITALIST CO INC COM 44984a105 2686 80793 SH SOLE 80793 0 0 ISHARES TR INDEX BARCLYS 20+ YR 464287432 4305 47894 SH SOLE 47894 0 0 ISHARES TR INDEX DJ US INDEX FD 464287846 5 98 SH SOLE 98 0 0 ISHARES TR INDEX RUSSELL 2000 464287655 29 465 SH SOLE 465 0 0 ISHARES TR INDEX S&P500 GRW 464287309 11514 198551 SH SOLE 198551 0 0 J & J SNACK FOODS CORP COM 466032109 3266 81734 SH SOLE 81734 0 0 JAMBA INC COM 47023a101 205 122200 SH SOLE 122200 0 0 JANUS CAP GROUP INC COM 47102x105 1902 141378 SH SOLE 141378 0 0 JOHNSON & JOHNSON COM 478160104 2579 40046 SH SOLE 40046 0 0 JPMORGAN CHASE & CO COM 46625h100 2274 54573 SH SOLE 54573 0 0 LATTICE SEMICONDUCTOR CORP COM 518415104 110 40710 SH SOLE 40710 0 0 LAZARD GLB TTL RET&INCM FD I COM 52106w103 317 21265 SH SOLE 21265 0 0 LINCOLN EDL SVCS CORP COM 533535100 3436 158624 SH SOLE 158624 0 0 LMP CAP & INCOME FD INC COM 50208A102 3409 329344 SH SOLE 329344 0 0 MADDEN STEVEN LTD COM 556269108 3739 90656 SH SOLE 90656 0 0 MAGELLAN HEALTH SVCS INC COM NEW 559079207 2658 65254 SH SOLE 65254 0 0 MARLIN BUSINESS SVCS CORP COM 571157106 346 43608 SH SOLE 43608 0 0 MEADOWBROOK INS GROUP INC COM 58319p108 2161 292051 SH SOLE 292051 0 0 MEDTRONIC INC COM 585055106 760 17285 SH SOLE 17285 0 0 MEMSIC INC COM 586264103 174 53000 SH SOLE 53000 0 0 MESA LABS INC COM 59064r109 301 11632 SH SOLE 11632 0 0 METROPOLITAN HEALTH NETWORKS COM 592142103 398 200000 SH SOLE 200000 0 0 MFA FINANCIAL INC COM 55272x102 3590 488376 SH SOLE 488376 0 0 MICROSOFT CORP COM 594918104 2455 80541 SH SOLE 80541 0 0 MIDAS GROUP INC COM 595626102 387 45801 SH SOLE 45801 0 0 MONEYGRAM INTL INC COM 60935y109 89 30939 SH SOLE 30939 0 0 MONRO MUFFLER BRAKE INC COM 610236101 3261 97512 SH SOLE 97512 0 0 NASDAQ OMX GROUP INC COM 631103108 1037 52323 SH SOLE 52323 0 0 NATHANS FAMOUS INC NEW COM 632347100 458 30000 SH SOLE 30000 0 0 NFJ DIVID INT & PREM STRTGY COM SHS 65337h109 1489 100937 SH SOLE 100937 0 0 NOAH ED HLDGS LTD ADR 65487r303 2076 424492 SH SOLE 424492 0 0 NOVARTIS A G SPONSORED ADR 66987v109 2453 45058 SH SOLE 45058 0 0 NUVEEN EQUITY PREM & GROWTH COM 6706ew100 149 11358 SH SOLE 11358 0 0 NVE CORP COM NEW 629445206 619 15000 SH SOLE 15000 0 0 OMEGA PROTEIN CORP COM 68210p107 436 100000 SH SOLE 100000 0 0 PANSOFT COMPANY LIMITED SHS g6891w101 92 17700 SH SOLE 17700 0 0 PLATO LEARNING INC COM 72764y100 292 66931 SH SOLE 66931 0 0 PRICE T ROWE GROUP INC COM 74144t108 332 6234 SH SOLE 6234 0 0 PROCTER & GAMBLE CO COM 742718109 2847 46955 SH SOLE 46955 0 0 PUTNAM MANAGED MUN INCOM TR COM 746823103 1908 286884 SH SOLE 286884 0 0 PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 4670 419556 SH SOLE 419556 0 0 PZENA INVESTMENT MGMT INC CLASS A 74731q103 1833 225131 SH SOLE 225131 0 0 RAMTRON INTL CORP COM NEW 751907304 319 180000 SH SOLE 180000 0 0 REPUBLIC SVCS INC COM 760759100 2104 74333 SH SOLE 74333 0 0 ROYCE MICRO-CAP TR INC COM 780915104 894 121323 SH SOLE 121323 0 0 ROYCE VALUE TR INC COM 780910105 4661 431957 SH SOLE 431957 0 0 SANDERS MORRIS HARRIS GROUP COM 80000q104 516 93731 SH SOLE 93731 0 0 SCHWAB CHARLES CORP NEW COM 808513105 2449 130146 SH SOLE 130146 0 0 SHARPS COMPLIANCE CORP COM 820017101 768 80000 SH SOLE 80000 0 0 SHUTTERFLY INC COM 82568p304 2896 162628 SH SOLE 162628 0 0 SIMULATIONS PLUS INC COM 829214105 486 352476 SH SOLE 352476 0 0 SINOHUB INC COM 82935l101 200 50000 SH SOLE 50000 0 0 SKYPEOPLE FRUIT JUICE INC COM NEW 83086t208 408 99000 SH SOLE 99000 0 0 SPORT SUPPLY GROUP INC DEL COM 84916a104 630 50000 SH SOLE 50000 0 0 SRS LABS INC COM 78464m106 339 46250 SH SOLE 46250 0 0 STANDARD PARKING CORP COM 853790103 2434 153291 SH SOLE 153291 0 0 STEREOTAXIS INC COM 85916j102 55 14000 SH SOLE 14000 0 0 SUNAMERICA FCSED ALPHA GRW F COM 867037103 5655 412449 SH SOLE 412449 0 0 SUPERTEL HOSPITALITY INC MD COM 868526104 171 114000 SH SOLE 114000 0 0 SUPERTEL HOSPITALITY INC MD PFD CONV SER A 868526203 3 400 SH SOLE 400 0 0 SUPPORT COM INC COM 86858w101 438 166000 SH SOLE 166000 0 0 SURMODICS INC COM 868873100 1874 82697 SH SOLE 82697 0 0 SYNOVIS LIFE TECHNOLOGIES IN COM 87162g105 1632 126447 SH SOLE 126447 0 0 SYNTEL INC COM 87162h103 2148 56494 SH SOLE 56494 0 0 TARGET CORP COM 87612e106 1726 35682 SH SOLE 35682 0 0 TAYLOR DEVICES INC COM 877163105 369 80000 SH SOLE 80000 0 0 TS&W CLAYMORE TAX ADVNTG BL COM 87280R108 1118 117191 SH SOLE 117191 0 0 UNITED PARCEL SERVICE INC CL B 911312106 407 7093 SH SOLE 7093 0 0 UNITED TECHNOLOGIES CORP COM 913017109 1892 27262 SH SOLE 27262 0 0 UNIVERSAL HEALTH RLTY INCM T SH BEN INT 91359E105 2341 73080 SH SOLE 73080 0 0 VANGUARD INDEX FDS GROWTH ETF 922908736 847 15960 SH SOLE 15960 0 0 VERIZON COMMUNICATIONS INC COM 92343v104 2073 62583 SH SOLE 62583 0 0 VIRTUAL RADIOLOGIC CORPORATI COM 92826b104 795 62307 SH SOLE 62307 0 0 VIRTUSA CORP COM 92827p102 1054 116355 SH SOLE 116355 0 0 WADDELL & REED FINL INC CL A 930059100 3038 99491 SH SOLE 99491 0 0 WALTER INVT MGMT CORP COM 93317w102 1729 120650 SH SOLE 120650 0 0 WASTE MGMT INC DEL COM 94106l109 1917 56685 SH SOLE 56685 0 0 WAYSIDE TECHNOLOGY GROUP INC COM 946760105 515 64815 SH SOLE 64815 0 0 WEB COM GROUP INC COM 94733a104 2500 382888 SH SOLE 382888 0 0 WESTWOOD HLDGS GROUP INC COM 961765104 3397 93487 SH SOLE 93487 0 0 WINN DIXIE STORES INC COM NEW 974280307 1884 187664 SH SOLE 187664 0 0 XCEL ENERGY INC COM 98389B100 906 42694 SH SOLE 42694 0 0 YONGYE INTL INC COM 98607b106 574 70550 SH SOLE 70550 0 0 YUHE INTERNATIONAL INC COM 988432100 567 60000 SH SOLE 60000 0 0
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