-----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, Wfl7sBYk5wVaPnk5cc2oDaFX4S5CfVJramEnmGDpOUbXP2XOf2ut1VuGRhFO2B6n 7hLmZNzfod28lzmUufSppQ== 0001221073-10-000026.txt : 20100728 0001221073-10-000026.hdr.sgml : 20100728 20100727212217 ACCESSION NUMBER: 0001221073-10-000026 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100630 FILED AS OF DATE: 20100728 DATE AS OF CHANGE: 20100727 EFFECTIVENESS DATE: 20100728 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: 10972778 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 punc2q10.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: June 30, 2010 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 July 26, 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: $262,572 (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 1420 17983 SH SOLE 17983 0 0 8X8 INC NEW COM 282914100 20 16000 SH SOLE 16000 0 0 A D A M INC COM 00088u108 399 125000 SH SOLE 125000 0 0 ACCENTURE PLC IRELAND SHS CLASS A g1151c101 2350 60793 SH SOLE 60793 0 0 ACTUATE CORP COM 00508b102 2174 488501 SH SOLE 488501 0 0 ALLEGIANT TRAVEL CO COM 01748x102 2100 49185 SH SOLE 49185 0 0 ALTISOURCE PORTFOLIO SOLNS S REG SHS l0175j104 2757 111420 SH SOLE 111420 0 0 AMERICAN DENTAL PARTNERS COM 025353103 744 61400 SH SOLE 61400 0 0 AMERICAN LORAIN CORP COM 027297100 57 20000 SH SOLE 20000 0 0 AMERICAN MED ALERT CORP COM 027904101 451 76000 SH SOLE 76000 0 0 AMERICAN ORIENTAL BIOENGR IN COM 028731107 935 371200 SH SOLE 371200 0 0 AMERICAN PHYSICIANS SVC GROU COM 028882108 676 27650 SH SOLE 27650 0 0 AMERIPRISE FINL INC COM 03076c106 2329 64473 SH SOLE 64473 0 0 APAC CUSTOMER SERVICES INC COM 00185e106 2776 487004 SH SOLE 487004 0 0 ARTS WAY MFG INC COM 043168103 251 48200 SH SOLE 48200 0 0 ASCENT MEDIA CORP COM SER A 043632108 1742 68956 SH SOLE 68956 0 0 ASSURANT INC COM 04621x108 2614 75318 SH SOLE 75318 0 0 ASTA FDG INC COM 046220109 473 47966 SH SOLE 47966 0 0 ASTRO-MED INC NEW COM 04638f108 284 39525 SH SOLE 39525 0 0 BIOCLINICA INC COM 09071b100 422 103000 SH SOLE 103000 0 0 BLACKBOARD INC COM 091935502 2066 55344 SH SOLE 55344 0 0 BOEING CO COM 097023105 2656 42321 SH SOLE 42321 0 0 CALAMOS ASSET MGMT INC CL A 12811r104 1869 201451 SH SOLE 201451 0 0 CALAMOS GBL DYN INCOME FUND COM 12811l107 227 33590 SH SOLE 33590 0 0 CALAMOS STRATEGIC TOTL RETN COM SH BEN INT 128125101 3626 470949 SH SOLE 470949 0 0 CALAVO GROWERS INC COM 128246105 2827 157391 SH SOLE 157391 0 0 CAPLEASE INC COM 140288101 3967 860533 SH SOLE 860533 0 0 CARACO PHARMACEUTICAL LABS L COM 14075t107 2340 495687 SH SOLE 495687 0 0 CBIZ INC COM 124805102 1901 298939 SH SOLE 298939 0 0 CENTURYLINK INC COM 156700106 1846 55418 SH SOLE 55418 0 0 CHINA ED ALLIANCE INC COM NEW 16938y207 500 120500 SH SOLE 120500 0 0 CHINA GREEN AGRICULTURE INC COM 16943w105 359 40000 SH SOLE 40000 0 0 CHINA MARINE FOOD GROUP LTD COM 16943r106 311 75000 SH SOLE 75000 0 0 CHINA MOBILE LIMITED SPONSORED ADR 16941m109 1786 36150 SH SOLE 36150 0 0 CHINA TECHFAITH WIRLS COMM T SPONSORED ADR 169424108 488 187000 SH SOLE 187000 0 0 CHINA VALVES TECHNOLOGY INC COM NEW 169476207 93 10000 SH SOLE 10000 0 0 CHINA-BIOTICS INC COM 16937b109 377 29000 SH SOLE 29000 0 0 CLICKSOFTWARE TECHNOLOGIES L ORD m25082104 467 87760 SH SOLE 87760 0 0 CLOUGH GLOBAL EQUITY FD COM 18914c100 1287 104906 SH SOLE 104906 0 0 CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914e106 3040 266674 SH SOLE 266674 0 0 COCA COLA CO COM 191216100 1408 28100 SH SOLE 28100 0 0 COHEN & STEERS CLOSED END OP COM 19248p106 2194 191573 SH SOLE 191573 0 0 COHEN & STEERS INFRASTRUCTUR COM 19248a109 3176 251049 SH SOLE 251049 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 2620 77499 SH SOLE 77499 0 0 CONMED HEALTHCARE MGMT INC COM 20741m103 327 99000 SH SOLE 99000 0 0 CONTINUCARE CORP COM 212172100 436 130000 SH SOLE 130000 0 0 CRAY INC COM NEW 225223304 558 100000 SH SOLE 100000 0 0 CVS CAREMARK CORPORATION COM 126650100 1905 64987 SH SOLE 64987 0 0 DATALINK CORP COM 237934104 527 122384 SH SOLE 122384 0 0 DATAWATCH CORP COM NEW 237917208 206 71200 SH SOLE 71200 0 0 DOLAN CO COM 25659p402 4217 379248 SH SOLE 379248 0 0 DST SYS INC DEL COM 233326107 1252 34643 SH SOLE 34643 0 0 DSW INC CL A 23334l102 2693 119888 SH SOLE 119888 0 0 DUKE ENERGY CORP NEW COM 26441c105 2552 159489 SH SOLE 159489 0 0 DWS DREMAN VAL INCOME EDGE F COM NEW 23339m204 2979 243196 SH SOLE 243196 0 0 EBIX INC COM NEW 278715206 433 27600 SH SOLE 27600 0 0 ECOLAB INC COM 278865100 1940 43200 SH SOLE 43200 0 0 ELECTRO RENT CORP COM 285218103 2577 201486 SH SOLE 201486 0 0 ELONG INC SPONSORED ADR 290138205 627 48000 SH SOLE 48000 0 0 EMERGENT GROUP INC NEV COM NEW 29089v203 425 61500 SH SOLE 61500 0 0 EPIQ SYS INC COM 26882d109 2786 215438 SH SOLE 215438 0 0 EPOCH HOLDING CORP COM 29428r103 810 66000 SH SOLE 66000 0 0 EVER GLORY INTL GRP INC COM NEW 299766204 405 135000 SH SOLE 135000 0 0 EVERGREEN INTL BALANCED INCO COM 30024r109 1263 100081 SH SOLE 100081 0 0 EXXON MOBIL CORP COM 30231g102 1686 29550 SH SOLE 29550 0 0 FISERV INC COM 337738108 2268 49666 SH SOLE 49666 0 0 GABELLI DIVD & INCOME TR COM 36242h104 3717 309755 SH SOLE 309755 0 0 GABELLI GLOBAL DEAL FD COM SBI 36245g103 3914 297218 SH SOLE 297218 0 0 GLOBAL SOURCES LTD ORD g39300101 3059 390188 SH SOLE 390188 0 0 GLOBAL TRAFFIC NETWORK INC COM 37947b103 275 51200 SH SOLE 51200 0 0 GLOBALOPTIONS GROUP INC COM NEW 37946d209 23 10000 SH SOLE 10000 0 0 H & Q HEALTHCARE FD SH BEN INT 404052102 1230 112437 SH SOLE 112437 0 0 H & Q LIFE SCIENCES INVS SH BEN INT 404053100 1435 163463 SH SOLE 163463 0 0 HANGER ORTHOPEDIC GROUP INC COM NEW 41043f208 2620 145870 SH SOLE 145870 0 0 HARVARD BIOSCIENCE INC COM 416906105 349 97972 SH SOLE 97972 0 0 HEALTH CARE REIT INC COM 42217k106 1877 44566 SH SOLE 44566 0 0 HEALTH GRADES INC COM 42218q102 585 97500 SH SOLE 97500 0 0 HEALTHSTREAM INC COM 42222n103 345 73490 SH SOLE 73490 0 0 HMN FINL INC COM 40424g108 171 37400 SH SOLE 37400 0 0 HOMEOWNERS CHOICE INC *W EXP 09/30/201 43741e111 6 24971 SH SOLE 24971 0 0 HORMEL FOODS CORP COM 440452100 2477 61191 SH SOLE 61191 0 0 HUDSON TECHNOLOGIES INC COM 444144109 61 30000 SH SOLE 30000 0 0 IMPERIAL SUGAR CO NEW COM NEW 453096208 441 43679 SH SOLE 43679 0 0 INSIGNIA SYS INC COM 45765y105 723 137898 SH SOLE 137898 0 0 INTEGRAMED AMER INC COM NEW 45810n302 654 80000 SH SOLE 80000 0 0 INTEGRATED SILICON SOLUTION COM 45812p107 543 72000 SH SOLE 72000 0 0 INVENTURE FOODS INC COM 461212102 582 192000 SH SOLE 192000 0 0 INVESCO LTD SHS g491bt108 1925 114401 SH SOLE 114401 0 0 IPC THE HOSPITALIST CO INC COM 44984a105 1758 70048 SH SOLE 70048 0 0 ISHARES TR INDEX BARCLYS 20+ YR 464287432 6477 63657 SH SOLE 63657 0 0 ISHARES TR INDEX S&P500 GRW 464287309 10487 198083 SH SOLE 198083 0 0 J & J SNACK FOODS CORP COM 466032109 3123 74175 SH SOLE 74175 0 0 JAMBA INC COM 47023a101 396 185700 SH SOLE 185700 0 0 JANUS CAP GROUP INC COM 47102x105 1452 163512 SH SOLE 163512 0 0 JIANGBO PHARMACEUTICALS INC COM 47737r101 144 15237 SH SOLE 15237 0 0 JOHNSON & JOHNSON COM 478160104 2273 38488 SH SOLE 38488 0 0 JPMORGAN CHASE & CO COM 46625h100 1914 52273 SH SOLE 52273 0 0 LA BARGE INC COM 502470107 208 18189 SH SOLE 18189 0 0 LATTICE SEMICONDUCTOR CORP COM 518415104 198 45710 SH SOLE 45710 0 0 LAZARD GLB TTL RET&INCM FD I COM 52106w103 176 13582 SH SOLE 13582 0 0 LINCOLN EDL SVCS CORP COM 533535100 2932 142404 SH SOLE 142404 0 0 LIVEPERSON INC COM 538146101 96 14000 SH SOLE 14000 0 0 LMP CAP & INCOME FD INC COM 50208a102 2616 272750 SH SOLE 272750 0 0 MADDEN STEVEN LTD COM 556269108 3078 97640 SH SOLE 97640 0 0 MAGELLAN HEALTH SVCS INC COM NEW 559079207 2776 76445 SH SOLE 76445 0 0 MEADOWBROOK INS GROUP INC COM 58319p108 1994 231104 SH SOLE 231104 0 0 MEDTRONIC INC COM 585055106 625 17224 SH SOLE 17224 0 0 MESA LABS INC COM 59064r109 240 10000 SH SOLE 10000 0 0 METROPOLITAN HEALTH NETWORKS COM 592142103 653 175000 SH SOLE 175000 0 0 MFA FINANCIAL INC COM 55272x102 3787 511801 SH SOLE 511801 0 0 MICROFINANCIAL INC COM 595072109 231 66201 SH SOLE 66201 0 0 MICROSOFT CORP COM 594918104 1863 80979 SH SOLE 80979 0 0 MIDAS GROUP INC COM 595626102 453 59000 SH SOLE 59000 0 0 MINDSPEED TECHNOLOGIES INC COM NEW 602682205 740 98810 SH SOLE 98810 0 0 MONEYGRAM INTL INC COM 60935y109 89 36500 SH SOLE 36500 0 0 MONRO MUFFLER BRAKE INC COM 610236101 3505 88667 SH SOLE 88667 0 0 NASDAQ OMX GROUP INC COM 631103108 1140 64126 SH SOLE 64126 0 0 NATHANS FAMOUS INC NEW COM 632347100 420 27000 SH SOLE 27000 0 0 NATIONAL BEVERAGE CORP COM 635017106 269 21920 SH SOLE 21920 0 0 NAVARRE CORP COM 639208107 296 136000 SH SOLE 136000 0 0 NFJ DIVID INT & PREM STRTGY COM SHS 65337h109 1272 92099 SH SOLE 92099 0 0 NOAH ED HLDGS LTD ADR 65487r303 1619 447282 SH SOLE 447282 0 0 NOVARTIS A G SPONSORED ADR 66987v109 2093 43309 SH SOLE 43309 0 0 NVE CORP COM NEW 629445206 653 15000 SH SOLE 15000 0 0 OMEGA PROTEIN CORP COM 68210p107 468 116780 SH SOLE 116780 0 0 PANSOFT COMPANY LIMITED SHS g6891w101 225 50000 SH SOLE 50000 0 0 PHOENIX TECHNOLOGY LTD COM 719153108 332 115000 SH SOLE 115000 0 0 PHOTRONICS INC COM 719405102 1985 439147 SH SOLE 439147 0 0 PORTEC RAIL PRODS INC COM 736212101 196 17258 SH SOLE 17258 0 0 PROCTER & GAMBLE CO COM 742718109 2775 46261 SH SOLE 46261 0 0 PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 4859 423618 SH SOLE 423618 0 0 PZENA INVESTMENT MGMT INC CLASS A 74731q103 1648 258662 SH SOLE 258662 0 0 QWEST COMMUNICATIONS INTL IN COM 749121109 1460 278138 SH SOLE 278138 0 0 RAMTRON INTL CORP COM NEW 751907304 577 222000 SH SOLE 222000 0 0 REPUBLIC SVCS INC COM 760759100 1916 64458 SH SOLE 64458 0 0 RETRACTABLE TECHNOLOGIES INC COM 76129w105 64 39800 SH SOLE 39800 0 0 ROYCE VALUE TR INC COM 780910105 4789 453082 SH SOLE 453082 0 0 RUBIOS RESTAURANTS INC COM 78116b102 424 50000 SH SOLE 50000 0 0 SANDERS MORRIS HARRIS GROUP COM 80000q104 546 98331 SH SOLE 98331 0 0 SCHWAB CHARLES CORP NEW COM 808513105 1783 125718 SH SOLE 125718 0 0 SERACARE LIFE SCIENCES INC D COM 81747t104 478 125250 SH SOLE 125250 0 0 SHUTTERFLY INC COM 82568p304 3215 134163 SH SOLE 134163 0 0 SIMULATIONS PLUS INC COM 829214105 991 409575 SH SOLE 409575 0 0 SINOHUB INC COM 82935l101 198 76000 SH SOLE 76000 0 0 SKYPEOPLE FRUIT JUICE INC COM NEW 83086t208 1205 238700 SH SOLE 238700 0 0 SOLAR CAP LTD COM 83413u100 1630 84648 SH SOLE 84648 0 0 SPARK NETWORKS INC COM 84651p100 38 11000 SH SOLE 11000 0 0 SRS LABS INC COM 78464m106 566 61850 SH SOLE 61850 0 0 STANDARD PARKING CORP COM 853790103 2332 147310 SH SOLE 147310 0 0 STEREOTAXIS INC COM 85916j102 46 14000 SH SOLE 14000 0 0 SUNAMERICA FCSED ALPHA GRW F COM 867037103 4426 330317 SH SOLE 330317 0 0 SUPERTEL HOSPITALITY INC MD COM 868526104 140 100000 SH SOLE 100000 0 0 SUPPORT COM INC COM 86858w101 624 150000 SH SOLE 150000 0 0 SURMODICS INC COM 868873100 1456 88752 SH SOLE 88752 0 0 SYNERON MEDICAL LTD ORD SHS m87245102 2112 205477 SH SOLE 205477 0 0 SYNOVIS LIFE TECHNOLOGIES IN COM 87162g105 2803 183458 SH SOLE 183458 0 0 SYNTEL INC COM 87162h103 2050 60377 SH SOLE 60377 0 0 TARGET CORP COM 87612e106 1600 32546 SH SOLE 32546 0 0 TAYLOR DEVICES INC COM 877163105 373 71000 SH SOLE 71000 0 0 TS&W CLAYMORE TAX ADVNTG BL COM 87280r108 1647 172872 SH SOLE 172872 0 0 TUCOWS INC COM 898697107 45 70000 SH SOLE 70000 0 0 UNITED PARCEL SERVICE INC CL B 911312106 295 5180 SH SOLE 5180 0 0 UNITED TECHNOLOGIES CORP COM 913017109 1698 26157 SH SOLE 26157 0 0 UNIVERSAL HEALTH RLTY INCM T SH BEN INT 91359e105 2007 62478 SH SOLE 62478 0 0 VANGUARD INDEX FDS GROWTH ETF 922908736 776 15960 SH SOLE 15960 0 0 VERIZON COMMUNICATIONS INC COM 92343v104 1731 61795 SH SOLE 61795 0 0 VIRTUS INVT PARTNERS INC COM 92828q109 458 24462 SH SOLE 24462 0 0 VIRTUSA CORP COM 92827p102 1086 116355 SH SOLE 116355 0 0 WADDELL & REED FINL INC CL A 930059100 1047 47867 SH SOLE 47867 0 0 WALTER INVT MGMT CORP COM 93317w102 2109 128994 SH SOLE 128994 0 0 WASTE MGMT INC DEL COM 94106l109 1752 55981 SH SOLE 55981 0 0 WESTWOOD HLDGS GROUP INC COM 961765104 3294 93706 SH SOLE 93706 0 0 WINN DIXIE STORES INC COM NEW 974280307 1889 195956 SH SOLE 195956 0 0 XCEL ENERGY INC COM 98389b100 1098 53261 SH SOLE 53261 0 0 YONGYE INTL INC COM 98607b106 297 43130 SH SOLE 43130 0 0 YOUNG INNOVATIONS INC COM 987520103 2320 82409 SH SOLE 82409 0 0 YUHE INTERNATIONAL INC COM 988432100 358 50000 SH SOLE 50000 0 0
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