Northern Technologies International Corp (NTIC)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Punch & Associates Investment Management, Inc.CALL	519,184	$6,121,183	0.35%
2.	Vanguard Group Inc	432,959	$5,104,586	0%
3.	Dimensional Fund Advisors Lp	336,954	$3,969,319	0%
4.	Needham Investment Management Llc	260,000	$3,062,800	0.38%
5.	Perritt Capital Management Inc	256,700	$3,026,256	1.69%