Fund HoldingsPUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.

Total Portfolio Value
$1.53B
Total Bought
$199.66M
Total Sold
$370.22M
Net Transaction
-$170.56M
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
ARTISAN PARTNERS ASSET MGMT(APAM)12,622437,067+424,44554317,0891.12%+16,546
MERCADOLIBRE INC(MELI)06,722+6,722013,1140.86%+13,114
PRICESMART INC(PSMT)0149,222+149,222013,1090.86%+13,109
SIRIUSPOINT LTD(SPNT)0724,110+724,110012,5200.82%+12,520
I3 VERTICALS INC0454,272+454,272011,2070.73%+11,207
FIRST INTST BANCSYSTEM INC(FIBK)235,060588,427+353,3677,63216,8581.10%+9,226
LEGALZOOM COM INC(LZ)0801,080+801,08006,8970.45%+6,897
BUNGE GLOBAL SA(BG)0182,934+182,934013,9800.92%+13,980
SILA REALTY TRUST INC929,6341,064,088+134,45422,60928,4221.86%+5,813
ROYALTY PHARMA PLC(RPRX)0573,603+573,603017,8561.17%+17,856
LAUREATE EDUCATION INC(LAUR)1,415,1971,489,257+74,06025,88430,4552.00%+4,571
CARRIAGE SVCS INC091,500+91,50003,5460.23%+3,546
CAVCO INDS INC DEL(CVCO)41,88942,522+63318,69222,0961.45%+3,404
KKR & CO INC(KKR)058,595+58,59502,8950.19%+2,895
BLACKSTONE MTG TR INC(BXMT)307,615365,164+57,5495,3567,3030.48%+1,948
THERMO FISHER SCIENTIFIC INC(TMO)026,292+26,292013,0830.86%+13,083
ELEVANCE HEALTH INC(ELV)022,233+22,23309,6710.63%+9,671
CHAMPION HOMES INC(SKY)0163,635+163,635015,5061.02%+15,506
RCM TECHNOLOGIES INC075,000+75,00001,1700.08%+1,170
GREEN BRICK PARTNERS INC(GRBK)0389,910+389,910022,7361.49%+22,736
JOHNSON & JOHNSON(JNJ)053,749+53,74908,9140.58%+8,914
TARGET CORP(TGT)084,190+84,19008,7860.58%+8,786
DEERE & CO(DE)22,37422,223-1519,48010,4300.68%+950
SS&C TECHNOLOGIES HLDGS INC(SSNC)115,462114,572-8908,7509,5700.63%+820
KEWAUNEE SCIENTIFIC CORP020,000+20,00007880.05%+788
HERITAGE GLOBAL INC2,501,0002,454,467-46,5334,6275,3510.35%+724
CAPITAL SOUTHWEST CORP(CSWC)0686,513+686,513015,3231.00%+15,323
LEGACY ED INC085,000+85,00006090.04%+609
IQVIA HLDGS INC(IQV)58,97468,765+9,79111,58912,1230.79%+534
EOG RES INC(EOG)075,854+75,85409,7270.64%+9,727
MADDEN STEVEN LTD(SHOO)0327,422+327,42208,7230.57%+8,723
JPMORGAN CHASE & CO.(JPM)57,37057,239-13113,75214,0410.92%+289
AT&T INC(T)0309,417+309,41708,7500.57%+8,750
INNOVATIVE SOLUTIONS & SUPPO125,000210,000+85,0001,0681,3210.09%+253
AGNC INVT CORP(AGNC)0896,626+896,62608,5900.56%+8,590
180 DEGREE CAP CORP714,156714,15602,6212,8350.19%+214
TELADOC HEALTH INC(TDOC)0004,4324,6090.30%+177
TACTILE SYS TECHNOLOGY INC210,000282,000+72,0003,5973,7280.24%+131
REPUBLIC SVCS INC(RSG)049,542+49,542011,9970.79%+11,997
ACCESS NEWSWIRE INC0125,000+125,00001,1040.07%+1,104
LENDINGTREE INC0003,4733,5640.23%+92
LADDER CAP CORP(LADR)619,358614,505-4,8536,9317,0120.46%+81
WAYFAIR INC(W)0005,3585,4100.35%+52
VANGUARD INDEX FDS324412+88941130.01%+19
CLARIVATE PLC(CLVT)10,82016,540+5,72055650.00%+10
ISHARES TR2428+414160.00%+2
ISHARES TR7896+18680.00%+1
ISHARES TR7593+189100.00%+1
ISHARES TR
CORE MSCI EAFE
5767+10450.00%+1
ISHARES TR3745+8450.00%+1
ISHARES TR15150330.00%0
VANGUARD INDEX FDS00000-0
ISHARES TR190190023220.00%-1
ISHARES TR354366+1246410.00%-6
FIRST FNDTN INC
COM
14,25015,790+1,54088820.01%-7
ULTA BEAUTY INC(ULTA)26,62831,559+4,93111,58111,5680.76%-14
VANGUARD INDEX FDS1,2121,152-602402150.01%-26
ISHARES TR605300-30559300.00%-29
NORTHEAST BK PORTLAND ME
COM
11,05010,700-3501,0149790.06%-34
VANGUARD INDEX FDS000000
TILE SHOP HLDGS INC000000
ISHARES TR490140-350108280.00%-80
ISHARES TR4,7224,614-1081,5781,4660.10%-113
ALEXANDER & BALDWIN INC NEW0251,390+251,39004,3310.28%+4,331
FIRST TR HIGH YIELD OPPRT 200555,898+555,89808,0330.53%+8,033
EPSILON ENERGY LTD0211,200+211,20001,4910.10%+1,491
PLUMAS BANCORP43,94043,94002,0771,9010.12%-175
BOEING CO105,335104,265-1,0706,4146,2380.41%-176
MAMAS CREATIONS INC130,000130,00001,0358460.06%-188
KARAT PACKAGING INC(KRT)53,50053,50001,6191,4220.09%-197
WESTERN ASSET HIGH YIELD DEF0806,469+806,46909,5490.63%+9,549
ALAMO GROUP INC70,50371,964+1,46113,10712,8250.84%-282
PRO-DEX INC COLO64,00054,000-10,0002,9922,6770.18%-315
HCI GROUP INC18,29112,000-6,2912,1311,7910.12%-341
WASTE MGMT INC DEL(WM)042,811+42,81109,9110.65%+9,911
HACKETT GROUP INC404,106410,741+6,63512,41412,0020.79%-412
OPTEX SYS HLDGS INC0372,500+372,50002,1160.14%+2,116
ARHAUS INC(ARHS)1,045,6641,079,256+33,5929,8299,3900.62%-440
MATCH GROUP INC NEW(MTCH)0314,094+314,09409,8000.64%+9,800
ETSY INC(ETSY)0102,005+102,00504,8130.32%+4,813
U HAUL HOLDING COMPANY000000
TAYLOR DEVICES INC048,864+48,86401,5770.10%+1,577
VANGUARD INDEX FDS1,17362-1,111632320.00%-600
LOGAN RIDGE FINANCE CORP0227,960+227,96005,0150.33%+5,015
BERKSHIRE HATHAWAY INC DEL029,546+29,546015,7361.03%+15,736
CARRIER GLOBAL CORPORATION(CARR)0135,158+135,15808,5690.56%+8,569
LUMENT FINANCE TRUST INC0996,819+996,81902,6020.17%+2,602
INTEVAC INC228,0000-228,0007750-775
RF INDS LTD0678,797+678,79703,1840.21%+3,184
ALPS ETF TR
ALERIAN MLP
172,785144,436-28,3498,3217,5020.49%-819
GREENLIGHT CAPITAL RE LTD640,081588,464-51,6178,9617,9740.52%-987
CIVITAS RESOURCES INC0286,014+286,01409,9790.65%+9,979
RENTOKIL INITIAL PLC(RTO)568,036576,890+8,85414,38313,2110.87%-1,172
GRAHAM CORP(GHM)76,25576,25503,3912,1980.14%-1,193
BUILDERS FIRSTSOURCE INC(BLDR)0122,462+122,462015,3001.00%+15,300
VERRA MOBILITY CORP01,121,731+1,121,731025,2501.65%+25,250
ACCENTURE PLC IRELAND
SHS CLASS A
031,906+31,90609,9560.65%+9,956
QUEST RESOURCE HLDG CORP0337,250+337,25008770.06%+877
AMERIPRISE FINL INC(AMP)026,159+26,159012,6640.83%+12,664
HILLMAN SOLUTIONS CORP(HLMN)01,730,251+1,730,251015,2091.00%+15,209
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