PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Diversified Active

Location: Edina, MN

CIK: 0001238990 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $1.713B (99.7% shares, 0.3% debt)

Holdings (156)

SNEX STONEX GROUP INC 3.9%
Value $67.34M Shares 707,835 Est. Cost $35.38 Unrealized +166.6%
RDNT RADNET INC 2.7%
Value $46.46M Shares 651,169 Est. Cost $19.68 Unrealized +292.3%
LAUR LAUREATE EDUCATION INC 2.5%
Value $42.84M Shares 1,272,453 Est. Cost $14.69 Unrealized +110.2%
GOOGL ALPHABET INC 2.4%
Value $41.21M Shares 131,651 Est. Cost $116.04 Unrealized +146.1%
ACA ARCOSA INC 2.2%
Value $38.43M Shares 361,494 Est. Cost $56.65 Unrealized +78.1%
GSL GLOBAL SHIP LEASE INC NEW 2.0%
Value $34.05M Shares 971,790 Est. Cost $12.32 Unrealized +163.7%
UTI UNIVERSAL TECHNICAL INST INC 1.8%
Value $30.57M Shares 1,169,843 Est. Cost $12.69 Unrealized +123.1%
SPNT SIRIUSPOINT LTD 1.8%
Value $30.43M Shares 1,390,091 Est. Cost $17.16 Unrealized +16.8%
SILA SILA REALTY TRUST INC 1.7%
Value $29.26M Shares 1,255,395 Est. Cost $24.88 Unrealized
VTS VITESSE ENERGY INC 1.6%
Value $27.71M Shares 1,438,529 Est. Cost $21.58 Unrealized -1.1%
LQDT LIQUIDITY SVCS INC 1.6%
Value $27.59M Shares 910,246 Est. Cost $23.19 Unrealized +15.8%
LZ LEGALZOOM COM INC 1.5%
Value $26.09M Shares 2,627,047 Est. Cost $9.17 Unrealized +8.1%
ATEN A10 NETWORKS INC 1.5%
Value $25.4M Shares 1,435,626 Est. Cost $13.66 Unrealized +29.1%
VRRM VERRA MOBILITY CORP 1.5%
Value $25.27M Shares 1,127,560 Est. Cost $17.63 Unrealized +29.6%
FIBK FIRST INTST BANCSYSTEM INC 1.5%
Value $25.04M Shares 723,818 Est. Cost $28.88 Unrealized +11.2%
TREE LENDINGTREE INC NEW 1.5%
Value $24.93M Shares 469,647 Est. Cost $41.23 Unrealized
CVCO CAVCO INDS INC DEL 1.5%
Value $24.84M Shares 42,051 Est. Cost $319.18 Unrealized +77.5%
ENVA ENOVA INTL INC 1.4%
Value $23.67M Shares 150,578 Est. Cost $119.99 Unrealized +8.5%
RPRX ROYALTY PHARMA PLC 1.4%
Value $23.19M Shares 600,166 Est. Cost $29.67 Unrealized +28.5%
NPKI NPK INTERNATIONAL INC 1.3%
Value $22.09M Shares 1,852,804 Est. Cost $7.56 Unrealized +61.3%
GRBK GREEN BRICK PARTNERS INC 1.3%
Value $22.07M Shares 352,246 Est. Cost $10.48 Unrealized +529.1%
KKR KKR & CO INC 1.2%
Value $20.59M Shares 161,505 Est. Cost $54.60 Unrealized +127.6%
PARR PAR PAC HOLDINGS INC 1.2%
Value $20.43M Shares 581,355 Est. Cost $15.66 Unrealized +153.7%
PLOW DOUGLAS DYNAMICS INC 1.2%
Value $20.07M Shares 614,706 Est. Cost $29.04 Unrealized +8.9%
IQV IQVIA HLDGS INC 1.2%
Value $19.92M Shares 88,392 Est. Cost $196.49 Unrealized +10.7%
PIMCO DYNAMIC INCOME STRATEG 1.2%
Value $19.82M Shares 1,055,601 Est. Cost $11.67 Unrealized
ADUS ADDUS HOMECARE CORP 1.1%
Value $19.65M Shares 182,954 Est. Cost $76.73 Unrealized +49.7%
IIIV I3 VERTICALS INC 1.1%
Value $19.59M Shares 777,527 Est. Cost $25.29 Unrealized +11.3%
PSMT PRICESMART INC 1.1%
Value $19.58M Shares 159,625 Est. Cost $89.17 Unrealized +36.2%
BXC BLUELINX HLDGS INC 1.1%
Value $19.37M Shares 315,336 Est. Cost $16.71 Unrealized +286.5%
ULTA ULTA BEAUTY INC 1.1%
Value $18.83M Shares 31,125 Est. Cost $379.05 Unrealized +45.0%
MSFT MICROSOFT CORP 1.0%
Value $17.86M Shares 36,921 Est. Cost $82.54 Unrealized +506.5%
APAM ARTISAN PARTNERS ASSET MGMT 1.0%
Value $17.84M Shares 437,845 Est. Cost $38.27 Unrealized +6.4%
RTO RENTOKIL INITIAL PLC 1.0%
Value $17.75M Shares 602,662 Est. Cost $27.26 Unrealized
MELI MERCADOLIBRE INC 1.0%
Value $17.26M Shares 8,570 Est. Cost $2038.90 Unrealized +3.0%
BG BUNGE GLOBAL SA 1.0%
Value $16.93M Shares 190,052 Est. Cost $84.57 Unrealized +8.6%
TDW TIDEWATER INC NEW 1.0%
Value $16.85M Shares 333,659 Est. Cost $66.53 Unrealized -20.6%
TMO THERMO FISHER SCIENTIFIC INC 0.9%
Value $15.82M Shares 27,295 Est. Cost $511.59 Unrealized +10.5%
WTTR SELECT WATER SOLUTIONS INC 0.9%
Value $15.79M Shares 1,501,191 Est. Cost $7.43 Unrealized
BRK/B BERKSHIRE HATHAWAY INC DEL 0.9%
Value $15.64M Shares 31,112 Est. Cost $170.13 Unrealized +192.4%
HLMN HILLMAN SOLUTIONS CORP 0.9%
Value $15.1M Shares 1,743,872 Est. Cost $8.27 Unrealized +9.0%
JPM JPMORGAN CHASE & CO. 0.9%
Value $14.83M Shares 46,039 Est. Cost $84.96 Unrealized +264.3%
CSW CSW INDUSTRIALS INC 0.9%
Value $14.68M Shares 50,018 Est. Cost $58.98 Unrealized +351.5%
DSP VIANT TECHNOLOGY INC 0.8%
Value $13.93M Shares 1,156,915 Est. Cost $12.61 Unrealized -20.7%
BV BRIGHTVIEW HLDGS INC 0.8%
Value $13.87M Shares 1,094,469 Est. Cost $11.31 Unrealized +12.2%
CLMB CLIMB GLOBAL SOLUTIONS INC 0.8%
Value $13.85M Shares 134,717 Est. Cost $40.93 Unrealized +183.4%
SHOO MADDEN STEVEN LTD 0.8%
Value $13.82M Shares 331,943 Est. Cost $27.94 Unrealized +37.5%
SFM SPROUTS FMRS MKT INC 0.8%
Value $13.75M Shares 172,604 Est. Cost $25.18 Unrealized +256.3%
MDXG MIMEDX GROUP INC 0.8%
Value $13.59M Shares 2,007,194 Est. Cost $7.18 Unrealized -2.3%
DIS DISNEY WALT CO 0.8%
Value $13.24M Shares 116,337 Est. Cost $98.90 Unrealized +10.8%
BLDR BUILDERS FIRSTSOURCE INC 0.8%
Value $13.17M Shares 128,045 Est. Cost $66.03 Unrealized +70.2%
BRSP BRIGHTSPIRE CAPITAL INC 0.8%
Value $13.07M Shares 2,333,619 Est. Cost $5.82 Unrealized
AMP AMERIPRISE FINL INC 0.8%
Value $12.9M Shares 26,316 Est. Cost $124.59 Unrealized +280.3%
ARHS ARHAUS INC 0.7%
Value $12.25M Shares 1,093,085 Est. Cost $10.05 Unrealized +3.3%
APO APOLLO GLOBAL MGMT INC 0.7%
Value $12.11M Shares 83,639 Est. Cost $139.10 Unrealized -4.7%
MTCH MATCH GROUP INC NEW 0.7%
Value $11.85M Shares 366,995 Est. Cost $34.94 Unrealized -6.0%
KMI KINDER MORGAN INC DEL 0.7%
Value $11.83M Shares 430,385 Est. Cost $13.00 Unrealized +106.9%
JNJ JOHNSON & JOHNSON 0.7%
Value $11.74M Shares 56,724 Est. Cost $105.23 Unrealized +87.2%
ALG ALAMO GROUP INC 0.7%
Value $11.74M Shares 69,924 Est. Cost $73.11 Unrealized +137.7%
FIRST TR HIGH YIELD OPPRT 20 0.7%
Value $11.64M Shares 827,076 Est. Cost $15.57 Unrealized
ORCL ORACLE CORP 0.7%
Value $11.6M Shares 59,501 Est. Cost $45.24 Unrealized +426.2%
ISSC INNOVATIVE SOLUTIONS & SUPPO 0.7%
Value $11.27M Shares 595,174 Est. Cost $10.59 Unrealized +7.5%
DE DEERE & CO 0.6%
Value $10.91M Shares 23,438 Est. Cost $114.01 Unrealized +310.2%
TCMD TACTILE SYS TECHNOLOGY INC 0.6%
Value $10.85M Shares 373,975 Est. Cost $15.49 Unrealized +43.3%
SSNC SS&C TECHNOLOGIES HLDGS INC 0.6%
Value $10.54M Shares 120,536 Est. Cost $44.85 Unrealized +90.1%
CSV CARRIAGE SVCS INC 0.6%
Value $10.44M Shares 246,699 Est. Cost $41.99 Unrealized +3.0%
HSTM HEALTHSTREAM INC 0.6%
Value $10.42M Shares 451,794 Est. Cost $24.18 Unrealized +4.0%
UNH UNITEDHEALTH GROUP INC 0.6%
Value $10.14M Shares 30,725 Est. Cost $304.11 Unrealized +10.9%
WM WASTE MGMT INC DEL 0.6%
Value $10.02M Shares 45,589 Est. Cost $74.18 Unrealized +186.5%
ACIC AMERICAN COASTAL INS CORP 0.6%
Value $9.806M Shares 776,400 Est. Cost $10.40 Unrealized +9.2%
EOG EOG RES INC 0.6%
Value $9.44M Shares 89,897 Est. Cost $114.24 Unrealized -6.1%
BXMT BLACKSTONE MTG TR INC 0.5%
Value $9.195M Shares 480,653 Est. Cost $18.07 Unrealized
RSG REPUBLIC SVCS INC 0.5%
Value $8.898M Shares 41,987 Est. Cost $39.63 Unrealized +441.5%
LINC LINCOLN EDL SVCS CORP 0.5%
Value $8.749M Shares 362,295 Est. Cost $8.12 Unrealized +168.3%
TGT TARGET CORP 0.5%
Value $8.384M Shares 85,772 Est. Cost $86.80 Unrealized +5.6%
HCKT HACKETT GROUP INC 0.5%
Value $8.383M Shares 427,053 Est. Cost $12.11 Unrealized +56.7%
LEGH LEGACY HOUSING CORP 0.5%
Value $8.376M Shares 429,110 Est. Cost $21.81 Unrealized -1.8%
IDR IDAHO STRATEGIC RESOURCES 0.5%
Value $8.317M Shares 206,365 Est. Cost $15.87 Unrealized +140.9%
CLFD CLEARFIELD INC 0.5%
Value $8.107M Shares 278,110 Est. Cost $34.87 Unrealized -7.8%
NRIM NORTHRIM BANCORP INC 0.5%
Value $8.06M Shares 302,900 Est. Cost $22.50 Unrealized +4.9%
BWB BRIDGEWATER BANCSHARES INC 0.4%
Value $7.695M Shares 438,960 Est. Cost $12.17 Unrealized +42.7%
PAYS PAYSIGN INC 0.4%
Value $7.532M Shares 1,462,560 Est. Cost $5.77 Unrealized -6.5%
INFU INFUSYSTEM HLDGS INC 0.4%
Value $7.398M Shares 824,750 Est. Cost $9.72 Unrealized -1.5%
APEI AMERICAN PUB ED INC 0.4%
Value $7.383M Shares 195,316 Est. Cost $27.80 Unrealized +28.7%
RSSS RESEARCH SOLUTIONS INC 0.4%
Value $7.348M Shares 2,499,310 Est. Cost $3.02 Unrealized +3.1%
NATR NATURES SUNSHINE PRODS INC 0.4%
Value $7.337M Shares 340,000 Est. Cost $14.00 Unrealized +31.0%
AGYS AGILYSYS INC 0.4%
Value $7.332M Shares 61,700 Est. Cost $12.41 Unrealized +869.8%
BOEING CO 0.4%
Value $7.321M Shares 106,005 Est. Cost $61.01 Unrealized
MYFW FIRST WESTN FINL INC 0.4%
Value $7.264M Shares 270,945 Est. Cost $18.18 Unrealized +31.2%
ALEX ALEXANDER & BALDWIN INC NEW 0.4%
Value $7.196M Shares 348,665 Est. Cost $17.61 Unrealized
ELV ELEVANCE HEALTH INC FORMERLY 0.4%
Value $6.87M Shares 19,599 Est. Cost $142.14 Unrealized +136.9%
MRVL MARVELL TECHNOLOGY INC 0.4%
Value $6.594M Shares 77,592 Est. Cost $87.46 Unrealized 0.0%
ROYCE MICRO-CAP TR INC 0.4%
Value $6.425M Shares 615,988 Est. Cost $103.90 Unrealized
NVEC NVE CORP 0.4%
Value $6.038M Shares 101,770 Est. Cost $65.38 Unrealized +2.3%
DUK DUKE ENERGY CORP NEW 0.3%
Value $5.582M Shares 47,624 Est. Cost $115.43 Unrealized +5.3%
ELMD ELECTROMED INC 0.3%
Value $5.446M Shares 187,020 Est. Cost $11.26 Unrealized +132.9%
FC FRANKLIN COVEY CO 0.3%
Value $5.25M Shares 312,870 Est. Cost $23.92 Unrealized -30.0%
T AT&T INC 0.3%
Value $5.162M Shares 207,818 Est. Cost $15.62 Unrealized +61.9%
RFIL RF INDS LTD 0.3%
Value $5.07M Shares 877,150 Est. Cost $5.27 Unrealized +31.3%
UFPT UFP TECHNOLOGIES INC 0.3%
Value $5.04M Shares 22,700 Est. Cost $21.30 Unrealized +905.7%
VMD VIEMED HEALTHCARE INC 0.3%
Value $4.988M Shares 671,360 Est. Cost $7.30 Unrealized -6.1%
ALNT ALLIENT INC 0.3%
Value $4.811M Shares 89,500 Est. Cost $25.85 Unrealized +102.3%
TELADOC HEALTH INC 0.3%
Value $4.738M Shares 4,987,000 Est. Cost $0.87 Unrealized
GLRE GREENLIGHT CAPITAL RE LTD 0.3%
Value $4.622M Shares 317,000 Est. Cost $10.59 Unrealized +24.0%
CVEO CIVEO CORP CDA 0.3%
Value $4.497M Shares 196,618 Est. Cost $24.91 Unrealized -10.9%
OPXS OPTEX SYS HLDGS INC 0.2%
Value $4.211M Shares 296,960 Est. Cost $3.07 Unrealized +380.4%
GHM GRAHAM CORP 0.2%
Value $4.207M Shares 65,503 Est. Cost $21.99 Unrealized +174.4%
AMLP ALPS ETF TR 0.2%
Value $4.098M Shares 87,148 Est. Cost $26.98 Unrealized
SJT SAN JUAN BASIN RTY TR 0.2%
Value $3.934M Shares 700,000 Est. Cost $5.89 Unrealized
ACN ACCENTURE PLC IRELAND 0.2%
Value $3.902M Shares 14,545 Est. Cost $122.40 Unrealized +107.6%
SMRT SMARTRENT INC 0.2%
Value $3.853M Shares 1,907,285 Est. Cost $1.64 Unrealized 0.0%
FLXS FLEXSTEEL INDS INC 0.2%
Value $3.593M Shares 90,980 Est. Cost $33.64 Unrealized +15.4%
BCIC BCP INVESTMENT CORPORATION 0.2%
Value $3.539M Shares 299,195 Est. Cost $11.61 Unrealized +2.7%
TRNS TRANSCAT INC 0.2%
Value $3.36M Shares 59,235 Est. Cost $13.31 Unrealized +368.3%
QXO INC 0.2%
Value $3.144M Shares 57,015 Est. Cost $61.99 Unrealized
KKR & CO INC 0.2%
Value $3.131M Shares 60,405 Est. Cost $49.49 Unrealized
PLBC PLUMAS BANCORP 0.2%
Value $3.096M Shares 69,275 Est. Cost $33.87 Unrealized +26.7%
KEQU KEWAUNEE SCIENTIFIC CORP 0.2%
Value $3.061M Shares 81,835 Est. Cost $47.68 Unrealized -14.7%
MLR MILLER INDS INC TENN 0.2%
Value $3.034M Shares 81,186 Est. Cost $38.78 Unrealized 0.0%
AVNS AVANOS MED INC 0.2%
Value $3.032M Shares 270,000 Est. Cost $11.44 Unrealized 0.0%
TAYD TAYLOR DEVICES INC 0.2%
Value $3M Shares 51,325 Est. Cost $23.52 Unrealized +106.1%
HGBL HERITAGE GLOBAL INC 0.2%
Value $2.957M Shares 2,384,652 Est. Cost $2.22 Unrealized -37.4%
MLCI MOUNT LOGAN CAP INC 0.2%
Value $2.929M Shares 355,018 Est. Cost $5.02 Unrealized +54.8%
RCMT RCM TECHNOLOGIES INC 0.2%
Value $2.782M Shares 136,078 Est. Cost $20.59 Unrealized +4.2%
HTLD HEARTLAND EXPRESS INC 0.2%
Value $2.619M Shares 290,000 Est. Cost $8.32 Unrealized 0.0%
FFWM FIRST FNDTN INC 0.1%
Value $2.562M Shares 415,980 Est. Cost $5.64 Unrealized -0.7%
PDEX PRO-DEX INC COLO 0.1%
Value $2.309M Shares 60,000 Est. Cost $27.65 Unrealized +25.0%
HCI HCI GROUP INC 0.1%
Value $2.3M Shares 12,000 Est. Cost $98.37 Unrealized +91.5%
MAMA MAMAS CREATIONS INC 0.1%
Value $2.226M Shares 165,000 Est. Cost $5.56 Unrealized +106.7%
FISV FISERV INC 0.1%
Value $2.025M Shares 30,151 Est. Cost $69.39 Unrealized +20.9%
IWV ISHARES TR 0.1%
Value $1.97M Shares 5,093 Est. Cost $310.68 Unrealized
LGCY LEGACY ED INC 0.1%
Value $1.885M Shares 185,000 Est. Cost $8.33 Unrealized +15.5%
EPSN EPSILON ENERGY LTD 0.1%
Value $1.749M Shares 376,905 Est. Cost $5.32 Unrealized -10.4%
IRMD IRADIMED CORP 0.1%
Value $1.654M Shares 17,000 Est. Cost $66.08 Unrealized +29.2%
NBN NORTHEAST BK PORTLAND ME 0.1%
Value $1.532M Shares 14,740 Est. Cost $65.83 Unrealized +41.7%
IJR ISHARES TR 0.1%
Value $1.487M Shares 12,376 Est. Cost $120.00 Unrealized
KRT KARAT PACKAGING INC 0.1%
Value $1.413M Shares 62,615 Est. Cost $16.48 Unrealized +40.4%
ACCS ACCESS NEWSWIRE INC 0.1%
Value $1.324M Shares 142,410 Est. Cost $14.60 Unrealized -37.2%
AVNW AVIAT NETWORKS INC 0.1%
Value $1.058M Shares 49,500 Est. Cost $29.88 Unrealized -25.4%
LFT LUMENT FINANCE TRUST INC 0.0%
Value $377K Shares 267,162 Est. Cost $2.83 Unrealized
TLN TALEN ENERGY CORP 0.0%
Value $285K Shares 760 Est. Cost $237.27 Unrealized +63.8%
VBR VANGUARD INDEX FDS 0.0%
Value $256K Shares 1,208 Est. Cost $174.89 Unrealized
JEF JEFFERIES FINL GROUP INC 0.0%
Value $228K Shares 3,685 Est. Cost $48.74 Unrealized +16.3%
LAMR LAMAR ADVERTISING CO NEW 0.0%
Value $205K Shares 1,620 Est. Cost $126.58 Unrealized
VTI VANGUARD INDEX FDS 0.0%
Value $150K Shares 448 Est. Cost $259.93 Unrealized
IWM ISHARES TR 0.0%
Value $124K Shares 505 Est. Cost $234.51 Unrealized
CION CION INVT CORP 0.0%
Value $101K Shares 10,435 Est. Cost $9.21 Unrealized 0.0%
IWC ISHARES TR 0.0%
Value $57,876 Shares 367 Est. Cost $122.91 Unrealized
VOO VANGUARD INDEX FDS 0.0%
Value $38,882 Shares 62 Est. Cost $551.57 Unrealized
AGG ISHARES TR 0.0%
Value $29,964 Shares 300 Est. Cost $97.28 Unrealized
SUSA ISHARES TR 0.0%
Value $26,476 Shares 190 Est. Cost $120.37 Unrealized
IVV ISHARES TR 0.0%
Value $19,178 Shares 28 Est. Cost $455.02 Unrealized
HYG ISHARES TR 0.0%
Value $7,902 Shares 98 Est. Cost $80.05 Unrealized
IEFA ISHARES TR 0.0%
Value $6,083 Shares 68 Est. Cost $71.32 Unrealized
LQD ISHARES TR 0.0%
Value $5,179 Shares 47 Est. Cost $108.20 Unrealized
IVE ISHARES TR 0.0%
Value $4,293 Shares 20 Est. Cost $14888.94 Unrealized