0001398344-16-020959.txt : 20161121
0001398344-16-020959.hdr.sgml : 20161121
20161121142329
ACCESSION NUMBER: 0001398344-16-020959
CONFORMED SUBMISSION TYPE: 13F-HR/A
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20160930
FILED AS OF DATE: 20161121
DATE AS OF CHANGE: 20161121
EFFECTIVENESS DATE: 20161121
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/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-10972
FILM NUMBER: 162009990
BUSINESS ADDRESS:
STREET 1: 7701 FRANCE AVE. SOUTH
STREET 2: SUITE 300
CITY: EDINA
STATE: MN
ZIP: 55435
BUSINESS PHONE: 9522244350
MAIL ADDRESS:
STREET 1: 7701 FRANCE AVE. SOUTH
STREET 2: SUITE 300
CITY: EDINA
STATE: MN
ZIP: 55435
FORMER COMPANY:
FORMER CONFORMED NAME: BRIDGEWATER CAPITAL ADVISORS INC
DATE OF NAME CHANGE: 20030605
13F-HR/A
1
primary_doc.xml
13F-HR/A
LIVE
false
false
false
0001238990
XXXXXXXX
09-30-2016
09-30-2016
true
1
RESTATEMENT
false
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.
7701 France Ave. South
Suite 300
Edina
MN
55435
13F HOLDINGS REPORT
028-10972
N
Howard D. Punch, Jr.
President
952-224-4350
/s/ Howard D. Punch, Jr
Edina
MN
11-21-2016
0
175
933699
INFORMATION TABLE
2
fp0022568_13fhr-table.xml
13F INFORMATION TABLE
A H BELO CORP
COM CL A
001282102
7480
1017620
SH
SOLE
1017620
0
0
ACCENTURE PLC IRELAND
SHS CLASS A
g1151c101
4557
37299
SH
SOLE
37299
0
0
ADDUS HOMECARE CORP
COM
006739106
2739
104700
SH
SOLE
104700
0
0
AGILYSYS INC
COM
00847j105
4636
416880
SH
SOLE
416880
0
0
ALAMO GROUP INC
COM
011311107
5470
83021
SH
SOLE
83021
0
0
ALCENTRA CAP CORP
COM
01374t102
2974
228967
SH
SOLE
228967
0
0
AMERCO
COM
023586100
8282
25543
SH
SOLE
25543
0
0
AMERIPRISE FINL INC
COM
03076c106
3776
37845
SH
SOLE
37845
0
0
ANTHEM INC
COM
036752103
3763
30026
SH
SOLE
30026
0
0
ARBOR RLTY TR INC
COM
038923108
10285
1386077
SH
SOLE
1386077
0
0
ARC DOCUMENT SOLUTIONS INC
COM
00191g103
3873
1035575
SH
SOLE
1035575
0
0
ATLANTIC CAP BANCSHARES INC
COM
048269203
1967
131335
SH
SOLE
131335
0
0
AWARE INC MASS
COM
05453N100
3774
712000
SH
SOLE
712000
0
0
B RILEY FINL INC
COM
05580m108
5082
380411
SH
SOLE
380411
0
0
BASSETT FURNITURE INDS INC
COM
070203104
674
29000
SH
SOLE
29000
0
0
BERKSHIRE HATHAWAY INC DEL
CL B NEW
084670702
5162
35730
SH
SOLE
35730
0
0
BG STAFFING INC
COM
05544A109
1533
99000
SH
SOLE
99000
0
0
BLACKROCK CAPITAL INVESTMENT
COM
092533108
7384
891794
SH
SOLE
891794
0
0
BLACKROCK MUN 2030 TAR TERM
COM SHS BEN IN
09257p105
4341
178953
SH
SOLE
178953
0
0
BLACKROCK RES & COMM STRAT T
SHS
09257a108
2671
327770
SH
SOLE
327770
0
0
BLACKSTONE GSO STRATEGIC CR
COM SHS BEN IN
09257r101
7679
514649
SH
SOLE
514649
0
0
BLACKSTONE MTG TR INC
COM CL A
09257w100
6272
212966
SH
SOLE
212966
0
0
BLACKSTONE GSO FLTING RTE FU
COM
09256u105
4730
280694
SH
SOLE
280694
0
0
BLOCK H & R INC
COM
093671105
2375
102577
SH
SOLE
102577
0
0
BOEING CO
COM
097023105
4195
31841
SH
SOLE
31841
0
0
BRUNSWICK CORP
COM
117043109
4089
83830
SH
SOLE
83830
0
0
BSB BANCORP INC MD
COM
05573h108
3899
166399
SH
SOLE
166399
0
0
CALAMOS DYNAMIC CONV & INCOM
COM
12811v105
10008
538931
SH
SOLE
538931
0
0
CALAVO GROWERS INC
COM
128246105
3362
51386
SH
SOLE
51386
0
0
CALLAWAY GOLF CO
COM
131193104
13893
1196602
SH
SOLE
1196602
0
0
CAPITAL SOUTHWEST CORP
COM
140501107
23670
1610202
SH
SOLE
1610202
0
0
CARBONITE INC
COM
141337105
4316
280985
SH
SOLE
280985
0
0
CECO ENVIRONMENTAL CORP
COM
125141101
9342
828158
SH
SOLE
828158
0
0
CENTURYLINK INC
COM
156700106
5740
209251
SH
SOLE
209251
0
0
CHEROKEE INC DEL NEW
COM
16444h102
3263
316805
SH
SOLE
316805
0
0
CHIMERA INVT CORP
COM NEW
16934q208
7185
450466
SH
SOLE
450466
0
0
CINTAS CORP
COM
172908105
4645
41248
SH
SOLE
41248
0
0
CLAYMORE EXCHANGE TRD FD TR
GUGG S&P SPINOFF
18383m605
2523
58836
SH
SOLE
58836
0
0
COCA COLA CO
COM
191216100
2370
56000
SH
SOLE
56000
0
0
COHEN & STEERS INFRASTRUCTUR
COM
19248a109
5330
247431
SH
SOLE
247431
0
0
COMMERCEHUB INC
COM SER A
20084V108
1580
100000
SH
SOLE
100000
0
0
CORE MOLDING TECHNOLOGIES IN
COM
218683100
1707
101000
SH
SOLE
101000
0
0
CORENERGY INFRASTRUCTURE TR
COM NEW
21870U502
12147
414154
SH
SOLE
414154
0
0
CSW INDUSTRIALS INC
COM
126402106
5584
172402
SH
SOLE
172402
0
0
CULP INC
COM
230215105
2167
72800
SH
SOLE
72800
0
0
CVS HEALTH CORP
COM
126650100
4940
55513
SH
SOLE
55513
0
0
DST SYS INC DEL
COM
233326107
3562
30208
SH
SOLE
30208
0
0
DEERE & CO
COM
244199105
2916
34165
SH
SOLE
34165
0
0
DELUXE CORP
COM
248019101
7310
109402
SH
SOLE
109402
0
0
DEMAND MEDIA INC
COM NEW
24802n208
3304
580600
SH
SOLE
580600
0
0
DESTINATION XL GROUP INC
COM
25065k104
8041
1856972
SH
SOLE
1856972
0
0
DEUTSCHE HIGH INCOME OPPORT
COM
25158y102
5814
410873
SH
SOLE
410873
0
0
DIGI INTL INC
COM
253798102
12146
1065435
SH
SOLE
1065435
0
0
DIGIRAD CORP
COM
253827109
6208
1217269
SH
SOLE
1217269
0
0
DLH HLDGS CORP
COM
23335Q100
1268
270272
SH
SOLE
270272
0
0
DOUGLAS DYNAMICS INC
COM
25960r105
16045
502354
SH
SOLE
502354
0
0
EASTERLY GOVT PPTYS INC
COM
27616p103
2350
123156
SH
SOLE
123156
0
0
EATON VANCE TAX ADVT DIV INC
COM
27828g107
3671
182165
SH
SOLE
182165
0
0
ECOLAB INC
COM
278865100
791
6500
SH
SOLE
6500
0
0
ENSTAR GROUP LIMITED
SHS
g3075p101
5849
35561
SH
SOLE
35561
0
0
ENTEGRA FINL CORP
COM
29363j108
4839
263250
SH
SOLE
263250
0
0
EVOLUTION PETROLEUM CORP
COM
30049A107
1570
250000
SH
SOLE
250000
0
0
EXA CORP
COM
300614500
1761
109750
SH
SOLE
109750
0
0
EXXON MOBIL CORP
COM
30231g102
4347
49806
SH
SOLE
49806
0
0
FARMERS NATL BANC CORP
COM
309627107
1434
133000
SH
SOLE
133000
0
0
FERRO CORP
COM
315405100
7415
536895
SH
SOLE
536895
0
0
FIBROGEN INC
COM
31572q808
780
37698
SH
SOLE
37698
0
0
FIRST BANK WILLIAMSTOWN NJ
COM
31931U102
2256
269249
SH
SOLE
269249
0
0
FIRST BUS FINL SVCS INC WIS
COM
319390100
9543
406080
SH
SOLE
406080
0
0
FIRST NORTHWEST BANCORP
COM
335834107
3811
282520
SH
SOLE
282520
0
0
FISERV INC
COM
337738108
4761
47861
SH
SOLE
47861
0
0
FLEXSTEEL INDS INC
COM
339382103
698
13500
SH
SOLE
13500
0
0
FORD MTR CO DEL
COM PAR $0.01
345370860
2859
236867
SH
SOLE
236867
0
0
FRANKLIN COVEY CO
COM
353469109
7809
438485
SH
SOLE
438485
0
0
GENTHERM INC
COM
37253a103
4499
143204
SH
SOLE
143204
0
0
GREEN BRICK PARTNERS INC
COM
392709101
9809
1187549
SH
SOLE
1187549
0
0
HACKETT GROUP INC
COM
404609109
9674
585579
SH
SOLE
585579
0
0
HALLMARK FINL SVCS INC EC
COM NEW
40624q203
1683
163575
SH
SOLE
163575
0
0
HARVEST CAP CR CORP
COM
41753f109
2583
212280
SH
SOLE
212280
0
0
HERITAGE CRYSTAL CLEAN INC
COM
42726M106
1693
127456
SH
SOLE
127456
0
0
HOOKER FURNITURE CORP
COM
439038100
3016
123145
SH
SOLE
123145
0
0
HORACE MANN EDUCATORS CORP N
COM
440327104
6576
179419
SH
SOLE
179419
0
0
HORMEL FOODS CORP
COM
440452100
4288
113050
SH
SOLE
113050
0
0
INFORMATION SERVICES GROUP I
COM
45675y104
2982
747300
SH
SOLE
747300
0
0
INTL FCSTONE INC
COM
46116v105
17157
441621
SH
SOLE
441621
0
0
INVENTURE FOODS INC
COM
461212102
2669
283931
SH
SOLE
283931
0
0
INVESCO LTD
SHS
g491bt108
3681
117707
SH
SOLE
117707
0
0
ITT INC
COM
45073v108
1726
48145
SH
SOLE
48145
0
0
J & J SNACK FOODS CORP
COM
466032109
4116
34555
SH
SOLE
34555
0
0
JOHNSON & JOHNSON
COM
478160104
4667
39503
SH
SOLE
39503
0
0
JPMORGAN CHASE & CO
COM
46625h100
5752
86372
SH
SOLE
86372
0
0
KIMBALL INTL INC
CL B
494274103
5753
444600
SH
SOLE
444600
0
0
LANDAUER INC
COM
51476k103
11751
264192
SH
SOLE
264192
0
0
LAWSON PRODS INC
COM
520776105
1631
92000
SH
SOLE
92000
0
0
LENDINGTREE INC NEW
COM
52603b107
3280
33846
SH
SOLE
33846
0
0
LITHIA MTRS INC
CL A
536797103
8902
93200
SH
SOLE
93200
0
0
MACQUARIE INFRASTRUCTURE COR
COM
55608b105
8162
98058
SH
SOLE
98058
0
0
MADDEN STEVEN LTD
COM
556269108
4997
144577
SH
SOLE
144577
0
0
MADISON CVRED CALL & EQ STR
COM
557437100
10877
1398091
SH
SOLE
1398091
0
0
MALIBU BOATS INC
COM CL A
56117j100
8957
601120
SH
SOLE
601120
0
0
MCBC HLDGS INC
COM
55276f107
2149
188550
SH
SOLE
188550
0
0
MICROSOFT CORP
COM
594918104
5932
102981
SH
SOLE
102981
0
0
MOCON INC
COM
607494101
2905
185060
SH
SOLE
185060
0
0
MONOTYPE IMAGING HOLDINGS IN
COM
61022p100
7422
335671
SH
SOLE
335671
0
0
MVC CAPITAL INC
COM
553829102
1825
220172
SH
SOLE
220172
0
0
NATHANS FAMOUS INC NEW
COM
632347100
1666
31700
SH
SOLE
31700
0
0
NATURAL GAS SERVICES GROUP
COM
63886q109
8291
337168
SH
SOLE
337168
0
0
NAUTILUS INC
COM
63910b102
17999
792201
SH
SOLE
792201
0
0
NCR CORP NEW
COM
62886e108
2597
80672
SH
SOLE
80672
0
0
NEUBERGER BERMAN MLP INCOME
COM
64129h104
4772
514191
SH
SOLE
514191
0
0
NEUBERGER BERMAN RE ES SEC F
COM
64190a103
8468
1488240
SH
SOLE
1488240
0
0
NEW SR INVT GROUP INC
COM
648691103
8799
762518
SH
SOLE
762518
0
0
NEWCASTLE INVT CORP NEW
COM PAR $0.01
65105m603
16715
3689949
SH
SOLE
3689949
0
0
NORTHSTAR REALTY EUROPE CORP
COM
66706l101
4232
386470
SH
SOLE
386470
0
0
NUMEREX CORP PA
CL A
67053a102
1494
192000
SH
SOLE
192000
0
0
NUVEEN INTER DURATION MN TMF
COM
670671106
3056
220521
SH
SOLE
220521
0
0
NUVEEN MTG OPPORTUNITY TERM
COM
670735109
9708
401469
SH
SOLE
401469
0
0
OFS CAP CORP
COM
67103b100
1244
95500
SH
SOLE
95500
0
0
OUTFRONT MEDIA INC
COM
69007j106
3580
151380
SH
SOLE
151380
0
0
PANHANDLE OIL AND GAS INC
CL A
698477106
1810
103229
SH
SOLE
103229
0
0
PENNANTPARK FLOATING RATE CA
COM
70806a106
12258
926552
SH
SOLE
926552
0
0
PERCEPTRON INC
COM
71361f100
2191
326000
SH
SOLE
326000
0
0
PFSWEB INC
COM NEW
717098206
1750
196000
SH
SOLE
196000
0
0
PHOTRONICS INC
COM
719405102
4891
474423
SH
SOLE
474423
0
0
PREMIER INC
CL A
74051n102
2421
74852
SH
SOLE
74852
0
0
PROCTER AND GAMBLE CO
COM
742718109
4627
51551
SH
SOLE
51551
0
0
PUTNAM PREMIER INCOME TR
SH BEN INT
746853100
7561
1546269
SH
SOLE
1546269
0
0
PZENA INVESTMENT MGMT INC
CLASS A
74731q103
11386
1478759
SH
SOLE
1478759
0
0
RED LION HOTELS CORP
COM
756764106
3107
372600
SH
SOLE
372600
0
0
REDWOOD TR INC
COM
758075402
4790
338281
SH
SOLE
338281
0
0
REIS INC
COM
75936p105
5739
280515
SH
SOLE
280515
0
0
REPUBLIC SVCS INC
COM
760759100
4123
81718
SH
SOLE
81718
0
0
RIGNET INC
COM
766582100
3234
213909
SH
SOLE
213909
0
0
ROYCE GLOBAL VALUE TR INC
COM
78081t104
1214
149399
SH
SOLE
149399
0
0
ROYCE MICRO-CAP TR INC
COM
780915104
4473
572760
SH
SOLE
572760
0
0
ROYCE VALUE TR INC
COM
780910105
5722
451963
SH
SOLE
451963
0
0
SCRIPPS E W CO OHIO
CL A NEW
811054402
8911
560462
SH
SOLE
560462
0
0
SILVERCREST ASSET MGMT GROUP
CL A
828359109
5541
466800
SH
SOLE
466800
0
0
SIMULATIONS PLUS INC
COM
829214105
3904
442684
SH
SOLE
442684
0
0
SOLAR CAP LTD
COM
83413u100
6379
310880
SH
SOLE
310880
0
0
SP PLUS CORP
COM
78469c103
6112
239022
SH
SOLE
239022
0
0
SPOK HLDGS INC
COM
84863t106
16747
939775
SH
SOLE
939775
0
0
SS&C TECHNOLOGIES HLDGS INC
COM
78467j100
2824
87851
SH
SOLE
87851
0
0
STONECASTLE FINL CORP
COM
861780104
11177
598640
SH
SOLE
598640
0
0
SUPERIOR UNIFORM GP INC
COM
868358102
4023
203275
SH
SOLE
203275
0
0
SUPREME INDS INC
CL A
868607102
6898
357400
SH
SOLE
357400
0
0
SYNTEL INC
COM
87162h103
2767
66022
SH
SOLE
66022
0
0
TANDY LEATHER FACTORY INC
COM
87538X105
1316
172496
SH
SOLE
172496
0
0
TARGET CORP
COM
87612e106
4165
60643
SH
SOLE
60643
0
0
TECHTARGET INC
COM
87874r100
7782
965544
SH
SOLE
965544
0
0
THESTREET INC
COM
88368q103
1976
1796766
SH
SOLE
1796766
0
0
TRANSACT TECHNOLOGIES INC
COM
892918103
1429
191000
SH
SOLE
191000
0
0
TRANSCAT INC
COM
893529107
2301
210390
SH
SOLE
210390
0
0
TRUEBLUE INC
COM
89785x101
7818
345017
SH
SOLE
345017
0
0
U S PHYSICAL THERAPY INC
COM
90337l108
5068
80826
SH
SOLE
80826
0
0
UFP TECHNOLOGIES INC
COM
902673102
4741
178900
SH
SOLE
178900
0
0
UNITED FINL BANCORP INC NEW
COM
910304104
5892
425734
SH
SOLE
425734
0
0
UNITED TECHNOLOGIES CORP
COM
913017109
2529
24896
SH
SOLE
24896
0
0
VERIZON COMMUNICATIONS INC
COM
92343v104
5419
104251
SH
SOLE
104251
0
0
WASTE MGMT INC DEL
COM
94106l109
5052
79240
SH
SOLE
79240
0
0
WEST MARINE INC
COM
954235107
2815
340400
SH
SOLE
340400
0
0
WESTWOOD HLDGS GROUP INC
COM
961765104
8275
155810
SH
SOLE
155810
0
0
RYDEX ETF TRUST
GUG S&P500 PU VA
78355w304
11188
211620
SH
SOLE
211620
0
0
ISHARES TR
1-3 YR TR BD ETF
464287457
14152
166414
SH
SOLE
166414
0
0
ISHARES INC
CORE MSCI EMKT
46434g103
1087
23830
SH
SOLE
23830
0
0
ISHARES TR
S&P 500 GRWT ETF
464287309
13490
110884
SH
SOLE
110884
0
0
ISHARES TR
S&P 500 VAL ETF
464287408
4222
44456
SH
SOLE
44456
0
0
ISHARES TR
CORE MSCI EURO
46434v738
3563
86115
SH
SOLE
86115
0
0
MESA LABS INC
COM
59064r109
2426
21210
SH
SOLE
21210
0
0
NOVANTA INC
COM
67000b104
5298
305374
SH
SOLE
305374
0
0
NOVARTIS A G
SPONSORED ADR
66987v109
2531
32056
SH
SOLE
32056
0
0
U S G CORP
COM NEW
903293405
2726
105465
SH
SOLE
105465
0
0
SALEM MEDIA GROUP INC
CL A
794093104
1205
205000
SH
SOLE
205000
0
0
3M CO
COM
88579y101
2848
16162
SH
SOLE
16162
0
0
ASTRONOVA INC
COM
04638f108
1480
100000
SH
SOLE
100000
0
0