Instuitional Investor - Punch & Associates Investment Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Stonex Group Inc.	SNEX	726,426	$66,206,467	4.07%
2.	Radnet Inc.	RDNT	697,275	$39,681,920	2.44%
3.	Laureate Education Inc.	LAUR	1,501,764	$35,111,239	2.16%
4.	Universal Technical Institute Inc	UTI	1,016,160	$34,437,662	2.12%
5.	Global Ship Lease Inc.	GSL	1,202,687	$31,642,691	1.95%