PUNCH & ASSOCIATES INVESTMENT MANAGEMENT INC
Q2 2022 Form 13-F
EDINA, MINNESOTA
CIK 0001238990
· CRD 117962
· SEC-registered investment adviser
$1.4B Reported Value Total
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. reports 1,934 total accounts under management (AUM). There are 1,934 discretionary accounts valued at $2,075,143,444, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
2 funds
· $386.5M gross asset value
Hedge Fund: $386.5M
Source: Form ADV filed 2026-04-30
Reported value
$1.4B
Quarter over quarter
-16.5%
Holdings
235
Top-10 concentration
20.4%
Key People
Form ADV owners & control persons
Howard Dean Punch
CHIEF INVESTMENT OFFICER
John Claude Carraux
MANAGING PARTNER & PORTFOLIO MANAGER
Andrew John Matysik
CHIEF EXECUTIVE OFFICER
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
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Q2 2022 13F record
Q2 2022 13F filing summary
| Period of report | June 30, 2022 |
|---|---|
| Filed | August 15, 2022 |
| Form | 13F-HR |
| Reported value | $1.4B |
| Positions | 235 |
| Change in reported value | -18.7% |
| New positions | 10 |
| Exited positions | 13 |
| Position turnover | 9.3% |
| Top-10 concentration | 20.4% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
164 | $2.0B |
|
Q1 2026 13F
Filed May 15, 2026
|
163 | $1.7B |
|
Q4 2025 13F
Filed Feb 17, 2026
|
155 | $1.7B |
|
Q3 2025 13F
Filed Nov 14, 2025
|
159 | $1.7B |
|
Q2 2025 13F
Filed Aug 14, 2025
|
160 | $1.6B |
|
Q1 2025 13F
Filed May 15, 2025
|
161 | $1.5B |
|
Q4 2024 13F
Filed Feb 14, 2025
|
165 | $1.8B |
|
Q3 2024 13F
Filed Nov 14, 2024
|
166 | $1.8B |
|
Q2 2024 13F
Filed Aug 14, 2024
|
172 | $1.7B |
|
Q1 2024 13F
Filed May 15, 2024
|
173 | $1.8B |
|
Q4 2023 13F
Filed Feb 14, 2024
|
227 | $1.7B |
|
Q3 2023 13F
Filed Oct 26, 2023
|
231 | $1.6B |
|
Q2 2023 13F
Filed Aug 14, 2023
|
233 | $1.6B |
|
Q1 2023 13F
Filed May 15, 2023
|
228 | $1.6B |
|
Q4 2022 13F
Filed Feb 14, 2023
|
221 | $1.5B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
221 | $1.4B |
|
Q2 2022 13F
Filed Aug 15, 2022
|
235 | $1.4B |
|
Q1 2022 13F
Filed May 16, 2022
|
238 | $1.8B |
|
Q4 2021 13F
Filed Feb 15, 2022
|
246 | $1.9B |
|
Q3 2021 13F
Filed Nov 15, 2021
|
241 | $1.7B |
33 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2022
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | SNEX STONEX GROUP INC | $45.4M | 3.18% |
| 2 | BXC BLUELINX HLDGS INC | $37.6M | 2.63% |
| 3 | GSL GLOBAL SHIP LEASE INC NEW | $30.8M | 2.16% |
| 4 | FRG FRANCHISE GROUP INC | $29.8M | 2.08% |
| 5 | RILY B. RILEY FINANCIAL INC | $29.1M | 2.04% |
| 6 | BBDC BARINGS BDC INC | $24.7M | 1.73% |
| 7 | HCCI HERITAGE CRYSTAL CLEAN INC | $24.1M | 1.68% |
| 8 | GRBK GREEN BRICK PARTNERS INC | $23.7M | 1.66% |
| 9 | FC FRANKLIN COVEY CO | $23.7M | 1.66% |
| 10 | CALY CALLAWAY GOLF CO | $22.3M | 1.56% |
| 11 | DGII DIGI INTL INC | $22.0M | 1.54% |
| 12 | UNH UNITEDHEALTH GROUP INC | $19.7M | 1.38% |
| 13 | HCKT HACKETT GROUP INC | $19.5M | 1.37% |
| 14 | MSFT MICROSOFT CORP | $16.6M | 1.16% |
| 15 | PARR PAR PAC HOLDINGS INC | $15.6M | 1.09% |
| 16 | SSP SCRIPPS E W CO OHIO | $14.5M | 1.01% |
| 17 | TTGT TECHTARGET INC | $14.3M | 1.0% |
| 18 | IVW ISHARES TR | $14.1M | 0.98% |
| 19 | ATEN A10 NETWORKS INC | $13.5M | 0.94% |
| 20 | HSTM HEALTHSTREAM INC | $13.4M | 0.94% |
Values as reported on the Q2 2022 Form 13F. Every position is in the holdings table below.