📊 Punch 13F — PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.: $2.0B portfolio, 164 positions (Q2 2026)

1. SNEX — $82M (4.1%) 2. ACA — $50M (2.5%) 3. UTI — $47M (2.3%) 4. LAUR — $45M (2.2%) 5. ATEN — $44M (2.2%) 6. MRVL — $42M (2.1%) 7. ENVA — $39M (1.9%) 8. RDNT — $39M (1.9%) 9. GOOGL — $38M (1.9%) 10. LQDT — $37M (1.8%) 11. TRS — $36M (1.8%) 12. SIRIUSPOINT LTD — $36M (1.8%) 13. PLOW — $36M (1.8%) 14. ROYALTY PHARMA PLC — $34M (1.7%) 15. PSMT — $33M (1.7%) 16. CVCO — $33M (1.6%) 17. TREE — $32M (1.6%) 18. GRBK — $30M (1.5%) 19. FIBK — $30M (1.5%) 20. WTTR — $29M (1.4%) … (+144 more)

1. SNEX — $82M (4.1%)