PUNCH & ASSOCIATES INVESTMENT MANAGEMENT INC
Q4 2024 Form 13-F
EDINA, MINNESOTA
CIK 0001238990
· CRD 117962
· SEC-registered investment adviser
$1.8B Reported Value Total
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. reports 540 total accounts under management (AUM). There are 540 discretionary accounts valued at $2,086,855,319, 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
$1.8B
Quarter over quarter
+1.5%
Holdings
165
Top-10 concentration
21.8%
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.
13F Metrics
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Q4 2024 13F record
Q4 2024 13F filing summary
| Period of report | December 31, 2024 |
|---|---|
| Filed | February 14, 2025 |
| Form | 13F-HR |
| Reported value | $1.8B |
| Positions | 165 |
| Change in reported value | +1.1% |
| New positions | 14 |
| Exited positions | 13 |
| Position turnover | 15.2% |
| Top-10 concentration | 21.8% |
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 · Q4 2024
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | SNEX STONEX GROUP INC | $76.0M | 4.15% |
| 2 | RDNT RADNET INC | $46.4M | 2.53% |
| 3 | UTI UNIVERSAL TECHNICAL INST INC | $41.0M | 2.24% |
| 4 | BXC BLUELINX HLDGS INC | $38.6M | 2.11% |
| 5 | SFM SPROUTS FMRS MKT INC | $36.8M | 2.01% |
| 6 | CDMO AVID BIOSERVICES INC | $35.6M | 1.94% |
| 7 | ACA ARCOSA INC | $34.0M | 1.86% |
| 8 | PDX PIMCO DYNAMIC INCOME STRATEG | $33.3M | 1.82% |
| 9 | GSL GLOBAL SHIP LEASE INC NEW | $30.4M | 1.66% |
| 10 | VTS VITESSE ENERGY INC | $27.8M | 1.52% |
| 11 | WTTR SELECT WATER SOLUTIONS INC | $27.0M | 1.47% |
| 12 | VRRM VERRA MOBILITY CORP | $26.5M | 1.45% |
| 13 | LAUR LAUREATE EDUCATION INC | $25.9M | 1.41% |
| 14 | GOOGL ALPHABET INC | $25.7M | 1.4% |
| 15 | FC FRANKLIN COVEY CO | $25.5M | 1.39% |
| 16 | HSTM HEALTHSTREAM INC | $25.3M | 1.38% |
| 17 | ATEN A10 NETWORKS INC | $24.6M | 1.34% |
| 18 | KKR KKR & CO INC | $24.2M | 1.32% |
| 19 | CLMB CLIMB GLOBAL SOLUTIONS INC | $23.9M | 1.3% |
| 20 | CVMCA SILA REALTY TRUST INC | $22.6M | 1.23% |
Values as reported on the Q4 2024 Form 13F. Every position is in the holdings table below.