0001398344-21-011010.txt : 20210518 0001398344-21-011010.hdr.sgml : 20210518 20210518082741 ACCESSION NUMBER: 0001398344-21-011010 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210518 DATE AS OF CHANGE: 20210518 EFFECTIVENESS DATE: 20210518 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: 21933956 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 1 primary_doc.xml 13F-HR LIVE false false false 0001238990 XXXXXXXX 03-31-2021 03-31-2021 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. 952-224-4350 /s/ Howard D. Punch, Jr. Edina MN 05-17-2021 0 238 1665117 INFORMATION TABLE 2 fp0064548_13fhr-table.xml 13F INFORMATION TABLE 180 DEGREE CAP CORP COM NEW 68235B208 4741 640630 SH SOLE 640630 0 0 3M CO COM 88579Y101 2346 12178 SH SOLE 12178 0 0 ABBVIE INC COM 00287Y109 364 3360 SH SOLE 3360 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 9831 35588 SH SOLE 35588 0 0 ACRES COMMERCIAL REALTY CORP COM NEW 00489Q102 4120 282351 SH SOLE 282351 0 0 ADDUS HOMECARE CORP COM 006739106 13676 130758 SH SOLE 130758 0 0 AGILYSYS INC COM 00847J105 13472 280903 SH SOLE 280903 0 0 AGNC INVT CORP COM 00123Q104 8266 493212 SH SOLE 493212 0 0 AIRGAIN INC COM 00938A104 1810 85400 SH SOLE 85400 0 0 ALAMO GROUP INC COM 011311107 11497 73630 SH SOLE 73630 0 0 ALLIED MOTION TECHNOLOGIES I COM 019330109 12717 247753 SH SOLE 247753 0 0 ALTA EQUIPMENT GROUP INC COMMON STOCK 02128L106 10998 845981 SH SOLE 845981 0 0 ALTA EQUIPMENT GROUP INC *W EXP 02/14/202 02128L114 301 86000 SH SOLE 86000 0 0 AMERCO COM 023586100 11135 18176 SH SOLE 18176 0 0 AMERICAS CAR-MART INC COM 03062T105 6031 39583 SH SOLE 39583 0 0 AMERIPRISE FINL INC COM 03076C106 8559 36820 SH SOLE 36820 0 0 AMGEN INC COM 031162100 260 1044 SH SOLE 1044 0 0 ANTHEM INC COM 036752103 10273 28619 SH SOLE 28619 0 0 ARBOR REALTY TRUST INC COM 038923108 7787 489731 SH SOLE 489731 0 0 ARCOSA INC COM 039653100 11571 177765 SH SOLE 177765 0 0 ARES CAPITAL CORP COM 04010L103 8528 455809 SH SOLE 455809 0 0 ARLINGTON ASSET INVST CORP CL A NEW 041356205 3239 801800 SH SOLE 801800 0 0 ASPEN GROUP INC COM NEW 04530L203 6115 1019235 SH SOLE 1019235 0 0 ASTRONOVA INC COM 04638F108 5783 431541 SH SOLE 431541 0 0 ATLAS CORP SHARES Y0436Q109 15837 1160214 SH SOLE 1160214 0 0 AVIAT NETWORKS INC COM NEW 05366Y201 1812 25500 SH SOLE 25500 0 0 AVID BIOSERVICES INC COM 05368M106 13812 757635 SH SOLE 757635 0 0 AWARE INC MASS COM 05453N100 3611 989330 SH SOLE 989330 0 0 B. RILEY FINANCIAL INC COM 05580M108 58388 1035622 SH SOLE 1035622 0 0 BK OF AMERICA CORP COM 060505104 381 9845 SH SOLE 9845 0 0 BAR HBR BANKSHARES COM 066849100 8234 279863 SH SOLE 279863 0 0 BARINGS BDC INC COM 06759L103 31256 3131904 SH SOLE 3131904 0 0 BCE INC COM NEW 05534B760 7892 174830 SH SOLE 174830 0 0 BERKSHIRE HATHAWAY INC DEL CL A 084670108 386 1 SH SOLE 1 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 11168 43714 SH SOLE 43714 0 0 BLACKROCK 2022 GBL INCM OPP COM 09258P104 4504 491153 SH SOLE 491153 0 0 BLACKSTONE GROUP INC COM 09260D107 219 2937 SH SOLE 2937 0 0 BLACKSTONE STRATEGIC CREDIT COM SHS BEN IN 09257R101 6446 483602 SH SOLE 483602 0 0 BLUELINX HLDGS INC COM NEW 09624H208 30594 780657 SH SOLE 780657 0 0 BOEING CO COM 097023105 5889 23121 SH SOLE 23121 0 0 BOSTON SCIENTIFIC CORP COM 101137107 441 11411 SH SOLE 11411 0 0 BOULDER GROWTH & INCOME FD I COM 101507101 11984 952633 SH SOLE 952633 0 0 BRIDGEWATER BANCSHARES INC COM ACCD INV 108621103 10381 642763 SH SOLE 642763 0 0 BRIGHTVIEW HLDGS INC COM 10948C107 8157 483515 SH SOLE 483515 0 0 BRISTOL-MYERS SQUIBB CO COM 110122108 202 3200 SH SOLE 3200 0 0 BROADMARK RLTY CAP INC COM 11135B100 6238 596369 SH SOLE 596369 0 0 BRUNSWICK CORP COM 117043109 11016 115512 SH SOLE 115512 0 0 BUILDERS FIRSTSOURCE INC COM 12008R107 9031 194760 SH SOLE 194760 0 0 CALLAWAY GOLF CO COM 131193104 22933 857325 SH SOLE 857325 0 0 CAPITAL SOUTHWEST CORP COM 140501107 13377 603657 SH SOLE 603657 0 0 CAPITALA FIN CORP COM NEW 14054R502 684 44300 SH SOLE 44300 0 0 CARRIER GLOBAL CORPORATION COM 14448C104 5798 137328 SH SOLE 137328 0 0 CATCHMARK TIMBER TR INC CL A 14912Y202 3977 390717 SH SOLE 390717 0 0 CELCUITY INC COM 15102K100 948 66114 SH SOLE 66114 0 0 CHANNELADVISOR CORP COM 159179100 2920 124000 SH SOLE 124000 0 0 CHARLES & COLVARD LTD COM 159765106 1105 373300 SH SOLE 373300 0 0 CHEVRON CORP NEW COM 166764100 224 2134 SH SOLE 2134 0 0 CINTAS CORP COM 172908105 8768 25689 SH SOLE 25689 0 0 COLUMBUS MCKINNON CORP N Y COM 199333105 15299 289969 SH SOLE 289969 0 0 COMMUNICATIONS SYS INC COM 203900105 2731 458256 SH SOLE 458256 0 0 CRESCENT CAP BDC INC COM 225655109 4233 246415 SH SOLE 246415 0 0 CSW INDUSTRIALS INC COM 126402106 12507 92648 SH SOLE 92648 0 0 CULP INC COM 230215105 5879 382000 SH SOLE 382000 0 0 CVS HEALTH CORP COM 126650100 4896 65077 SH SOLE 65077 0 0 CYBEROPTICS CORP COM 232517102 1407 54165 SH SOLE 54165 0 0 DEERE & CO COM 244199105 10917 29180 SH SOLE 29180 0 0 DELAWARE INVTS MINN MUN INCO COM 24610V103 175 13300 SH SOLE 13300 0 0 DELUXE CORP COM 248019101 9126 217481 SH SOLE 217481 0 0 DHI GROUP INC COM 23331S100 5468 1632338 SH SOLE 1632338 0 0 DIAMOND HILL INVT GROUP INC COM NEW 25264R207 3115 19968 SH SOLE 19968 0 0 DIGI INTL INC COM 253798102 24575 1294096 SH SOLE 1294096 0 0 DISNEY WALT CO COM 254687106 14756 79970 SH SOLE 79970 0 0 DLH HLDGS CORP COM 23335Q100 7563 762400 SH SOLE 762400 0 0 DOLBY LABORATORIES INC COM CL A 25659T107 210 2130 SH SOLE 2130 0 0 DOUBLELINE YIELD OPPORTUNITI COM 25862D105 8741 456713 SH SOLE 456713 0 0 DOUGLAS DYNAMICS INC COM 25960R105 12126 262742 SH SOLE 262742 0 0 DSP GROUP INC COM 23332B106 3377 237000 SH SOLE 237000 0 0 EATON VANCE TX ADV GLBL DIV COM 27828S101 9358 490202 SH SOLE 490202 0 0 ECOLAB INC COM 278865100 1103 5155 SH SOLE 5155 0 0 ELECTROMED INC COM 285409108 3830 363425 SH SOLE 363425 0 0 EMERSON ELEC CO COM 291011104 228 2532 SH SOLE 2532 0 0 ENETI INC COM Y2294C107 2614 124317 SH SOLE 124317 0 0 ENSTAR GROUP LIMITED SHS G3075P101 11858 48061 SH SOLE 48061 0 0 EQUITY COMWLTH COM SH BEN INT 294628102 6512 234230 SH SOLE 234230 0 0 ETSY INC COM 29786A106 20291 100617 SH SOLE 100617 0 0 FARMERS NATIONAL BANC CORP COM 309627107 3954 236791 SH SOLE 236791 0 0 FARO TECHNOLOGIES INC COM 311642102 13608 157193 SH SOLE 157193 0 0 FERRO CORP COM 315405100 14839 880158 SH SOLE 880158 0 0 FIRST TR HIGH YIELD OPPRT 20 COM 33741Q107 7640 384864 SH SOLE 384864 0 0 FIRST TR MLP & ENERGY INCOM COM 33739B104 2419 350000 SH SOLE 350000 0 0 FIRST WESTN FINL INC COM 33751L105 5550 221900 SH SOLE 221900 0 0 FISERV INC COM 337738108 10019 84162 SH SOLE 84162 0 0 FLEXSTEEL INDS INC COM 339382103 1411 40500 SH SOLE 40500 0 0 FRANCHISE GROUP INC COM 35180X105 19774 547611 SH SOLE 547611 0 0 FRANKLIN COVEY CO COM 353469109 14794 522955 SH SOLE 522955 0 0 GABELLI GLOBAL SMALL & MID C COM 36249W104 445 30476 SH SOLE 30476 0 0 GENERATIONS BANCORP NY INC COM 37149G108 643 64800 SH SOLE 64800 0 0 GENTHERM INC COM 37253A103 11292 152373 SH SOLE 152373 0 0 GLOBAL MED REIT INC COM NEW 37954A204 1229 93717 SH SOLE 93717 0 0 GLOBAL SHIP LEASE INC NEW COM CL A Y27183600 25936 1839415 SH SOLE 1839415 0 0 GLOBE LIFE INC COM 37959E102 426 4410 SH SOLE 4410 0 0 GREAT ELM GROUP INC COM NEW 39037G109 1322 541878 SH SOLE 541878 0 0 GREEN BRICK PARTNERS INC COM 392709101 29268 1290463 SH SOLE 1290463 0 0 HACKETT GROUP INC COM 404609109 16771 1023252 SH SOLE 1023252 0 0 HARVARD BIOSCIENCE INC COM 416906105 9352 1712867 SH SOLE 1712867 0 0 HARVEST CAP CR CORP COM 41753F109 776 89700 SH SOLE 89700 0 0 HEALTHSTREAM INC COM 42222N103 11603 519380 SH SOLE 519380 0 0 HERITAGE CRYSTAL CLEAN INC COM 42726M106 7552 278348 SH SOLE 278348 0 0 HERITAGE GLOBAL INC COM 42727E103 6396 2244185 SH SOLE 2244185 0 0 HOOKER FURNITURE CORP COM 439038100 17061 467942 SH SOLE 467942 0 0 HORMEL FOODS CORP COM 440452100 5174 108285 SH SOLE 108285 0 0 LUMENT FINANCE TRUST INC COM 55025L108 3573 1012215 SH SOLE 1012215 0 0 IAC INTERACTIVECORP NEW COM 44891N109 8209 37949 SH SOLE 37949 0 0 IEC ELECTRS CORP NEW COM 44949L105 9698 805500 SH SOLE 805500 0 0 IES HLDGS INC COM 44951W106 634 12579 SH SOLE 12579 0 0 IMAGE SENSING SYS INC COM 45244C104 1321 292858 SH SOLE 292858 0 0 INFUSYSTEM HLDGS INC COM 45685K102 9047 444376 SH SOLE 444376 0 0 INTEL CORP COM 458140100 984 15372 SH SOLE 15372 0 0 INVACARE CORP COM 461203101 9309 1160725 SH SOLE 1160725 0 0 ISSUER DIRECT CORP COM NEW 46520M204 998 45500 SH SOLE 45500 0 0 JOHNSON & JOHNSON COM 478160104 7322 44551 SH SOLE 44551 0 0 JPMORGAN CHASE & CO COM 46625H100 11416 74994 SH SOLE 74994 0 0 KIMBALL ELECTRONICS INC COM 49428J109 9612 372550 SH SOLE 372550 0 0 KIMBALL INTL INC CL B 494274103 5731 409379 SH SOLE 409379 0 0 KIMBERLY-CLARK CORP COM 494368103 227 1634 SH SOLE 1634 0 0 KINDER MORGAN INC DEL COM 49456B101 5782 347270 SH SOLE 347270 0 0 KINGSTONE COS INC COM 496719105 4834 566100 SH SOLE 566100 0 0 LAWSON PRODS INC COM 520776105 6628 127804 SH SOLE 127804 0 0 LEAF GROUP LTD COM 52177G102 10459 1621499 SH SOLE 1621499 0 0 LILLY ELI & CO COM 532457108 2034 10888 SH SOLE 10888 0 0 LINCOLN EDL SVCS CORP COM 533535100 1596 249000 SH SOLE 249000 0 0 LITHIA MTRS INC CL A 536797103 14990 38428 SH SOLE 38428 0 0 LUNA INNOVATIONS COM 550351100 6108 580050 SH SOLE 580050 0 0 MADDEN STEVEN LTD COM 556269108 6773 181771 SH SOLE 181771 0 0 MALIBU BOATS INC COM CL A 56117J100 19947 250342 SH SOLE 250342 0 0 MASTERCRAFT BOAT HLDGS INC COM 57637H103 12879 484370 SH SOLE 484370 0 0 MCDONALDS CORP COM 580135101 421 1880 SH SOLE 1880 0 0 MEDTRONIC PLC SHS G5960L103 327 2769 SH SOLE 2769 0 0 MICROSOFT CORP COM 594918104 14372 60957 SH SOLE 60957 0 0 MTBC INC COM 55378G102 686 82600 SH SOLE 82600 0 0 NORTHERN TECHNOLOGIES INTL C COM 665809109 6035 397025 SH SOLE 397025 0 0 NOVANTA INC COM 67000B104 9199 69746 SH SOLE 69746 0 0 NVE CORP COM NEW 629445206 4407 62873 SH SOLE 62873 0 0 OAKTREE SPECIALTY LENDING CO COM 67401P108 10118 1631895 SH SOLE 1631895 0 0 OIL DRI CORP AMER COM 677864100 3647 105896 SH SOLE 105896 0 0 OPORTUN FINL CORP COM 68376D104 3764 181756 SH SOLE 181756 0 0 ORACLE CORP COM 68389X105 8277 117954 SH SOLE 117954 0 0 PAR PAC HOLDINGS INC COM NEW 69888T207 13862 981713 SH SOLE 981713 0 0 PAYPAL HLDGS INC COM 70450Y103 813 3348 SH SOLE 3348 0 0 PERMA-FIX ENVIRONMENTAL SVCS COM NEW 714157203 2633 359250 SH SOLE 359250 0 0 PFIZER INC COM 717081103 711 19617 SH SOLE 19617 0 0 PHIBRO ANIMAL HEALTH CORP CL A COM 71742Q106 8904 364919 SH SOLE 364919 0 0 PHILIP MORRIS INTL INC COM 718172109 277 3120 SH SOLE 3120 0 0 PIMCO ENRGY TACTICAL CR OPP COM SHS BEN INT 69346N107 7825 756018 SH SOLE 756018 0 0 PLUMAS BANCORP COM 729273102 896 30640 SH SOLE 30640 0 0 PORTMAN RIDGE FIN CORP COM 73688F102 1249 578186 SH SOLE 578186 0 0 POSTAL REALTY TRUST INC CL A 73757R102 5881 342290 SH SOLE 342290 0 0 POTBELLY CORP COM 73754Y100 1143 193372 SH SOLE 193372 0 0 POWERFLEET INC COM 73931J109 4793 583056 SH SOLE 583056 0 0 PROCTER AND GAMBLE CO COM 742718109 383 2830 SH SOLE 2830 0 0 PRO-DEX INC COLO COM NEW 74265M205 753 27930 SH SOLE 27930 0 0 PZENA INVT MGMT INC CLASS A 74731Q103 20236 1921751 SH SOLE 1921751 0 0 QUEST RESOURCE HLDG CORP COM NEW 74836W203 624 160000 SH SOLE 160000 0 0 RADNET INC COM 750491102 14551 669029 SH SOLE 669029 0 0 RANPAK HOLDINGS CORP COM CL A 75321W103 17747 884695 SH SOLE 884695 0 0 REPUBLIC SVCS INC COM 760759100 7691 77417 SH SOLE 77417 0 0 RIVERNORTH DOUBLELINE STRATE COM 76882G107 7822 518003 SH SOLE 518003 0 0 ROYCE MICRO-CAP TR INC COM 780915104 9249 818454 SH SOLE 818454 0 0 ROYCE VALUE TR INC COM 780910105 7391 408139 SH SOLE 408139 0 0 SB FINL GROUP INC COM 78408D105 5988 327933 SH SOLE 327933 0 0 SCRIPPS E W CO OHIO CL A NEW 811054402 11213 581890 SH SOLE 581890 0 0 SELECT INTERIOR CONCEPTS INC CL A 816120307 3651 507100 SH SOLE 507100 0 0 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 209 1790 SH SOLE 1790 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 11 85 SH SOLE 85 0 0 SILVERCREST ASSET MGMT GROUP CL A 828359109 5876 408648 SH SOLE 408648 0 0 SIMULATIONS PLUS INC COM 829214105 4939 78102 SH SOLE 78102 0 0 SLEEP NUMBER CORP COM 83125X103 19662 137026 SH SOLE 137026 0 0 SMITH MIDLAND CORP COM 832156103 2673 223500 SH SOLE 223500 0 0 SLR SENIOR INVESTMENT CORP COM 83416M105 170 11570 SH SOLE 11570 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 1997 5040 SH SOLE 5040 0 0 SPROUTS FMRS MKT INC COM 85208M102 13436 504730 SH SOLE 504730 0 0 SS&C TECHNOLOGIES HLDGS INC COM 78467J100 7571 108353 SH SOLE 108353 0 0 STONECASTLE FINL CORP COM 861780104 11354 573736 SH SOLE 573736 0 0 STONEX GROUP INC COM 861896108 39943 610942 SH SOLE 610942 0 0 STREAMLINE HEALTH SOLUTIONS COM 86323X106 2850 1390000 SH SOLE 1390000 0 0 STRYKER CORPORATION COM 863667101 325 1334 SH SOLE 1334 0 0 SUPERIOR GROUP OF CO INC COM 868358102 3512 138175 SH SOLE 138175 0 0 TARGET CORP COM 87612E106 11905 60106 SH SOLE 60106 0 0 TECHTARGET INC COM 87874R100 14036 202096 SH SOLE 202096 0 0 TEKLA HEALTHCARE INVS SH BEN INT 87911J103 7131 292147 SH SOLE 292147 0 0 TORTOISE ENERGY INDEPENDENC COM 89148K200 623 36000 SH SOLE 36000 0 0 TORTOISE ESSENTIAL ASSETS IN COM SH BEN INT 89148A103 7731 539151 SH SOLE 539151 0 0 TORTOISE PIPELINE & ENERGY F COM 89148H207 2749 134243 SH SOLE 134243 0 0 TRANSACT TECHNOLOGIES INC COM 892918103 2741 252200 SH SOLE 252200 0 0 TRANSCAT INC COM 893529107 10282 209500 SH SOLE 209500 0 0 UFP TECHNOLOGIES INC COM 902673102 6707 134630 SH SOLE 134630 0 0 UNITEDHEALTH GROUP INC COM 91324P102 14280 38381 SH SOLE 38381 0 0 UNIVERSAL TECHNICAL INST INC COM 913915104 4585 785170 SH SOLE 785170 0 0 US BANCORP DEL COM NEW 902973304 853 15414 SH SOLE 15414 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 6072 104413 SH SOLE 104413 0 0 VIRTUS ALLIANZGI CONVERTIBLE COM 92838R105 9715 937732 SH SOLE 937732 0 0 VIEMED HEALTHCARE INC COM 92663R105 678 67000 SH SOLE 67000 0 0 VONTIER CORPORATION COM 928881101 312 10320 SH SOLE 10320 0 0 WASTE MGMT INC DEL COM 94106L109 8481 65730 SH SOLE 65730 0 0 WAYSIDE TECHNOLOGY GROUP INC COM 946760105 970 38600 SH SOLE 38600 0 0 WELLS FARGO CO NEW COM 949746101 397 10160 SH SOLE 10160 0 0 WESTERN ASSET GLOBAL CP DEFI COM 95790C107 7104 403431 SH SOLE 403431 0 0 WESTERN ASSET HIGH YIELD DEF COM 95768B107 10229 662927 SH SOLE 662927 0 0 WESTERN ASSET MTG CAP CORP COM 95790D105 157 49300 SH SOLE 49300 0 0 WEYERHAEUSER CO MTN BE COM NEW 962166104 7110 199713 SH SOLE 199713 0 0 WILLIAMS COS INC COM 969457100 8420 355418 SH SOLE 355418 0 0 XPEL INC COM 98379L100 11227 216199 SH SOLE 216199 0 0 ZYNEX INC COM 98986M103 7353 481535 SH SOLE 481535 0 0 ABBOTT LABS COM 002824100 236 1973 SH SOLE 1973 0 0 ALPS ETF TR ALERIAN MLP 00162Q452 9148 299945 SH SOLE 299945 0 0 ISHARES INC CORE MSCI EMKT 46434G103 4122 64044 SH SOLE 64044 0 0 ISHARES TR CORE MSCI EURO 46434V738 2820 52248 SH SOLE 52248 0 0 ISHARES TR CORE S&P SCP ETF 464287804 87 800 SH SOLE 800 0 0 ISHARES TR MICRO-CAP ETF 464288869 74 505 SH SOLE 505 0 0 ISHARES TR MRGSTR MD CP GRW 464288307 1895 5012 SH SOLE 5012 0 0 ISHARES TR MSCI EAFE ETF 464287465 374 4932 SH SOLE 4932 0 0 ISHARES TR MSCI EMG MKT ETF 464287234 352 6603 SH SOLE 6603 0 0 ISHARES TR MSCI KLD400 SOC 464288570 36 477 SH SOLE 477 0 0 ISHARES TR MSCI USA ESG SLC 464288802 98 1116 SH SOLE 1116 0 0 ISHARES TR RUS 2000 GRW ETF 464287648 816 2714 SH SOLE 2714 0 0 ISHARES TR RUSSELL 2000 ETF 464287655 57 259 SH SOLE 259 0 0 ISHARES TR S&P 500 GRWT ETF 464287309 26282 403661 SH SOLE 403661 0 0 ISHARES TR S&P 500 VAL ETF 464287408 6843 48450 SH SOLE 48450 0 0 ISHARES TR US OIL EQ&SV ETF 464288844 10 734 SH SOLE 734 0 0 RF INDS LTD COM PAR $0.01 749552105 2838 468307 SH SOLE 468307 0 0 SLR INVESTMENT CORP COM 83413U100 9384 528381 SH SOLE 528381 0 0 SPDR GOLD TR GOLD SHS 78463V107 437 2732 SH SOLE 2732 0 0 VANGUARD INDEX FDS GROWTH ETF 922908736 121 471 SH SOLE 471 0 0 VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 135 1000 SH SOLE 1000 0 0 VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 13 36 SH SOLE 36 0 0 VANGUARD INDEX FDS SMALL CP ETF 922908751 12 57 SH SOLE 57 0 0 VANGUARD INDEX FDS SM CP VAL ETF 922908611 614 3710 SH SOLE 3710 0 0 VANGUARD INDEX FDS TOTAL STK MKT 922908769 95 459 SH SOLE 459 0 0