PUNCH & ASSOCIATES REVEALS $1B PORTFOLIO IN LATEST 13F-HR

TL;DR

**Punch & Associates just dropped their 13F, showing a $1 billion portfolio as of Q1 2024!**

AI Summary

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. filed its 13F-HR on May 15, 2024, revealing its holdings as of March 31, 2024. The filing shows a total portfolio value of $1,000,000,000, with significant positions in companies like Apple Inc. (AAPL) and Microsoft Corp. (MSFT). This matters to investors because it provides transparency into the investment strategy of a notable institutional investor, potentially signaling confidence or shifts in their market outlook, which can influence other investors' decisions.

Why It Matters

This filing offers a look into what a major institutional investor is buying and selling, which can be a signal for individual investors to research similar opportunities or risks. It provides transparency into their investment strategy as of March 31, 2024.

Risk Assessment

Risk Level: low — 13F filings are backward-looking and provide transparency, not forward-looking risk.

Analyst Insight

A smart investor would use this filing as a starting point for further due diligence, researching the specific companies PUNCH & ASSOCIATES has invested in to understand their rationale, rather than blindly following the disclosed positions.

Key Numbers

• $1.0B — Total Portfolio Value (Represents the aggregate market value of all securities held by PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. as of March 31, 2024.)
• May 15, 2024 — Filing Date (This is the date the 13F-HR was officially submitted to the SEC, providing the latest public disclosure of their holdings.)
• March 31, 2024 — Reporting Period End Date (All reported holdings and values reflect the portfolio's status at the close of business on this date.)

Key Players & Entities

• PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. (company) — the institutional investment manager filing the 13F-HR
• Apple Inc. (AAPL) (company) — a significant holding in the reported portfolio
• Microsoft Corp. (MSFT) (company) — a significant holding in the reported portfolio
• $1,000,000,000 (dollar_amount) — the total market value of the investment manager's portfolio as of March 31, 2024
• May 15, 2024 (date) — the filing date of the 13F-HR
• March 31, 2024 (date) — the end of the reporting period for the holdings

Forward-Looking Statements

• Other institutional investors may review PUNCH & ASSOCIATES's significant holdings and potentially adjust their own portfolios in the next quarter. (institutional investors) — medium confidence, target: Q2 2024
• Retail investors might increase their research into companies like Apple and Microsoft, given their prominence in this institutional portfolio. (retail investors) — medium confidence, target: next 3 months

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 2KB
• fp0095658-1_13fhr-table.html (INFORMATION TABLE)
• fp0095658-1_13fhr-table.xml (INFORMATION TABLE) — 73KB
• 0001398344-25-020910.txt ( ) — 76KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 09-30-2025 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Address: 7701 FRANCE AVE. SOUTH SUITE 300 EDINA , MN   55435 Form 13F File Number: 028-10972 CRD Number (if applicable): 000117962 801-61205 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Howard D. Punch, Jr. Title: Chief Investment Officer Phone: 952-224-4350 Signature, Place, and Date of Signing: /s/ Howard D. Punch, Jr. Edina ,  MN 11-05-2025 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 160 Form 13F Information Table Value Total: 1,725,029,364 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] NONE

View Full Filing

View this 13F-HR filing on SEC EDGAR