Punch & Associates Investment Management 13F-HR Quarterly holdings report by institutional manager

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 INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
180 DEGREE CAP CORP	COM	68235B109	3,170	1,474,510	SH		SOLE		1,474,510	0	0
3M CO	COM	88579Y101	3,102	17,581	SH		SOLE		17,581	0	0
A H BELO CORP	COM CL A	001282102	2,868	1,016,955	SH		SOLE		1,016,955	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	7,733	36,726	SH		SOLE		36,726	0	0
ADDUS HOMECARE CORP	COM	006739106	11,476	118,041	SH		SOLE		118,041	0	0
AGILYSYS INC	COM	00847J105	9,687	381,210	SH		SOLE		381,210	0	0
AIRGAIN INC	COM	00938A104	482	45,132	SH		SOLE		45,132	0	0
ALAMO GROUP INC	COM	011311107	9,637	76,761	SH		SOLE		76,761	0	0
ALLIANZGI CON INCM 2024 TARG	COM	01883H102	8,036	832,762	SH		SOLE		832,762	0	0
ALLIED MOTION TECHNOLOGIES I	COM	019330109	8,478	174,801	SH		SOLE		174,801	0	0
ALTRIA GROUP INC	COM	02209S103	262	5,254	SH		SOLE		5,254	0	0
AMERCO	COM	023586100	6,957	18,511	SH		SOLE		18,511	0	0
AMERIPRISE FINL INC	COM	03076C106	6,284	37,724	SH		SOLE		37,724	0	0
ANTHEM INC	COM	036752103	8,903	29,479	SH		SOLE		29,479	0	0
ARBOR RLTY TR INC	COM	038923108	4,277	298,026	SH		SOLE		298,026	0	0
ARC DOCUMENT SOLUTIONS INC	COM	00191G103	2,318	1,667,945	SH		SOLE		1,667,945	0	0
ARES CAP CORP	COM	04010L103	9,708	520,532	SH		SOLE		520,532	0	0
ASTRONOVA INC	COM	04638F108	5,140	374,637	SH		SOLE		374,637	0	0
AT&T INC	COM	00206R102	213	5,462	SH		SOLE		5,462	0	0
AWARE INC MASS	COM	05453N100	2,990	889,925	SH		SOLE		889,925	0	0
B RILEY FINL INC	COM	05580M108	39,267	1,559,456	SH		SOLE		1,559,456	0	0
BAR HBR BANKSHARES	COM	066849100	7,347	289,357	SH		SOLE		289,357	0	0
BARINGS BDC INC	COM	06759L103	20,254	1,970,268	SH		SOLE		1,970,268	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	340	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	8,403	37,100	SH		SOLE		37,100	0	0
BLACKROCK 2022 GBL INCM OPP	COM	09258P104	4,268	432,872	SH		SOLE		432,872	0	0
BLACKROCK ENERGY & RES TR	COM	09250U101	136	11,407	SH		SOLE		11,407	0	0
BLACKROCK MUN 2030 TAR TERM	COM SHS BEN IN	09257P105	3,698	152,878	SH		SOLE		152,878	0	0
BLACKROCK TCP CAP CORP	COM	09259E108	4,253	302,699	SH		SOLE		302,699	0	0
BLUELINX HLDGS INC	COM NEW	09624H208	6,835	479,639	SH		SOLE		479,639	0	0
BOEING CO	COM	097023105	7,631	23,426	SH		SOLE		23,426	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	516	11,411	SH		SOLE		11,411	0	0
BOULDER GROWTH & INCOME FD I	COM	101507101	11,660	988,968	SH		SOLE		988,968	0	0
BRIDGEWATER BANCSHARES INC	COM ACCD INV	108621103	5,115	371,200	SH		SOLE		371,200	0	0
BRIDGFORD FOODS CORP	COM	108763103	798	32,200	SH		SOLE		32,200	0	0
BROADMARK RLTY CAP INC	COM	11135B100	4,231	331,835	SH		SOLE		331,835	0	0
BRUNSWICK CORP	COM	117043109	5,839	97,343	SH		SOLE		97,343	0	0
CABLE ONE INC	COM	12685J105	223	150	SH		SOLE		150	0	0
CALLAWAY GOLF CO	COM	131193104	21,649	1,021,187	SH		SOLE		1,021,187	0	0
CANTERBURY PARK HOLDING CORP	COM	13811E101	310	25,000	SH		SOLE		25,000	0	0
CAPITAL SOUTHWEST CORP	COM	140501107	25,727	1,236,304	SH		SOLE		1,236,304	0	0
CARTER BK & TR MARTINSVILLE	COM	146102108	2,225	93,809	SH		SOLE		93,809	0	0
CELCUITY INC	COM	15102K100	764	71,792	SH		SOLE		71,792	0	0
CHIMERA INVT CORP	COM NEW	16934Q208	6,998	340,350	SH		SOLE		340,350	0	0
CHUBB LIMITED	COM	H1467J104	331	2,127	SH		SOLE		2,127	0	0
CINTAS CORP	COM	172908105	7,135	26,515	SH		SOLE		26,515	0	0
COCA COLA CO	COM	191216100	210	3,787	SH		SOLE		3,787	0	0
COLUMBUS MCKINNON CORP N Y	COM	199333105	18,144	453,267	SH		SOLE		453,267	0	0
COMMERCIAL VEH GROUP INC	COM	202608105	1,969	310,000	SH		SOLE		310,000	0	0
CSW INDUSTRIALS INC	COM	126402106	7,308	94,905	SH		SOLE		94,905	0	0
CVS HEALTH CORP	COM	126650100	4,313	58,051	SH		SOLE		58,051	0	0
CYBEROPTICS CORP	COM	232517102	2,437	132,568	SH		SOLE		132,568	0	0
DEERE & CO	COM	244199105	5,091	29,385	SH		SOLE		29,385	0	0
DELAWARE INV MN MUN INC FD I	COM	24610V103	276	21,015	SH		SOLE		21,015	0	0
DELUXE CORP	COM	248019101	13,158	263,585	SH		SOLE		263,585	0	0
DESTINATION XL GROUP INC	COM	25065K104	830	648,204	SH		SOLE		648,204	0	0
DHI GROUP INC	COM	23331S100	5,177	1,720,021	SH		SOLE		1,720,021	0	0
DIAMOND HILL INVESTMENT GROU	COM NEW	25264R207	1,910	13,600	SH		SOLE		13,600	0	0
DIGI INTL INC	COM	253798102	20,199	1,139,898	SH		SOLE		1,139,898	0	0
DIGITAL TURBINE INC	COM NEW	25400W102	1,372	192,450	SH		SOLE		192,450	0	0
DISNEY WALT CO	COM DISNEY	254687106	11,598	80,194	SH		SOLE		80,194	0	0
DLH HLDGS CORP	COM	23335Q100	2,215	528,690	SH		SOLE		528,690	0	0
DOUGLAS DYNAMICS INC	COM	25960R105	15,485	281,541	SH		SOLE		281,541	0	0
DRIVE SHACK INC	COM	262077100	10,693	2,921,580	SH		SOLE		2,921,580	0	0
EASTERLY GOVT PPTYS INC	COM	27616P103	7,250	305,513	SH		SOLE		305,513	0	0
ECOLAB INC	COM	278865100	993	5,147	SH		SOLE		5,147	0	0
EDUCATIONAL DEV CORP	COM	281479105	216	35,000	SH		SOLE		35,000	0	0
ELECTROMED INC	COM	285409108	964	111,500	SH		SOLE		111,500	0	0
ENSTAR GROUP LIMITED	SHS	G3075P101	8,117	39,240	SH		SOLE		39,240	0	0
ETSY INC	COM	29786A106	10,617	239,669	SH		SOLE		239,669	0	0
EVOLUTION PETROLEUM CORP	COM	30049A107	3,152	576,170	SH		SOLE		576,170	0	0
EXANTAS CAP CORP	COM NEW	30068N105	2,324	196,765	SH		SOLE		196,765	0	0
EXXON MOBIL CORP	COM	30231G102	4,681	67,078	SH		SOLE		67,078	0	0
FARMER BROS CO	COM	307675108	7,374	489,672	SH		SOLE		489,672	0	0
FARMERS NATL BANC CORP	COM	309627107	3,611	221,271	SH		SOLE		221,271	0	0
FERRO CORP	COM	315405100	10,070	679,009	SH		SOLE		679,009	0	0
FIBROGEN INC	COM	31572Q808	386	9,000	SH		SOLE		9,000	0	0
FIRST BANK WILLIAMSTOWN NJ	COM	31931U102	3,337	302,000	SH		SOLE		302,000	0	0
FIRST TR DYNAMIC EUROPE EQT	COM SHS	33740D107	10,094	676,085	SH		SOLE		676,085	0	0
FIRST TR ENERGY INFRASTRCTR	COM	33738C103	6,331	376,155	SH		SOLE		376,155	0	0
FIRST WESTN FINL INC	COM	33751L105	223	13,528	SH		SOLE		13,528	0	0
FISERV INC	COM	337738108	10,087	87,236	SH		SOLE		87,236	0	0
FRANKLIN COVEY CO	COM	353469109	12,222	379,198	SH		SOLE		379,198	0	0
FRONT YD RESIDENTIAL CORP	COM	35904G107	4,165	337,524	SH		SOLE		337,524	0	0
GENTHERM INC	COM	37253A103	7,020	158,137	SH		SOLE		158,137	0	0
GLADSTONE LD CORP	COM	376549101	4,551	350,851	SH		SOLE		350,851	0	0
GLOBAL SHIP LEASE INC NEW	COM CL A	Y27183600	4,561	516,480	SH		SOLE		516,480	0	0
GLOBE LIFE INC	COM	37959E102	464	4,410	SH		SOLE		4,410	0	0
GREAT ELM CAP CORP	COM	390320109	3,787	486,810	SH		SOLE		486,810	0	0
GREAT ELM CAP GROUP INC	COM NEW	39036P209	2,578	772,000	SH		SOLE		772,000	0	0
GREEN BRICK PARTNERS INC	COM	392709101	20,701	1,803,231	SH		SOLE		1,803,231	0	0
HACKETT GROUP INC	COM	404609109	15,217	942,805	SH		SOLE		942,805	0	0
HERITAGE CRYSTAL CLEAN INC	COM	42726M106	5,073	161,700	SH		SOLE		161,700	0	0
HIGHLAND INCOME FUND	HIGHLAND INCOME	43010E404	11,326	911,158	SH		SOLE		911,158	0	0
HOOKER FURNITURE CORP	COM	439038100	10,071	392,001	SH		SOLE		392,001	0	0
HORMEL FOODS CORP	COM	440452100	4,972	110,211	SH		SOLE		110,211	0	0
HUNT COS FIN TR INC	COM	44558T100	3,265	1,010,785	SH		SOLE		1,010,785	0	0
IEC ELECTRS CORP NEW	COM	44949L105	5,783	636,200	SH		SOLE		636,200	0	0
INFORMATION SERVICES GROUP I	COM	45675Y104	1,035	408,948	SH		SOLE		408,948	0	0
INFUSYSTEM HLDGS INC	COM	45685K102	687	80,500	SH		SOLE		80,500	0	0
INTEL CORP	COM	458140100	917	15,315	SH		SOLE		15,315	0	0
INTL FCSTONE INC	COM	46116V105	34,936	715,465	SH		SOLE		715,465	0	0
INVESCO EXCHANGE TRADED FD T	S&P500 EQL ENR	46137V365	2	42	SH		SOLE		42	0	0
INVESCO EXCHANGE TRADED FD T	S&P500 PUR VAL	46137V258	14,047	202,787	SH		SOLE		202,787	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	246	1,159	SH		SOLE		1,159	0	0
ISSUER DIRECT CORPORATION	COM NEW	46520M204	539	46,100	SH		SOLE		46,100	0	0
JOHNSON & JOHNSON	COM	478160104	6,542	44,845	SH		SOLE		44,845	0	0
JPMORGAN CHASE & CO	COM	46625H100	10,608	76,101	SH		SOLE		76,101	0	0
KIMBALL ELECTRONICS INC	COM	49428J109	4,371	249,061	SH		SOLE		249,061	0	0
KIMBALL INTL INC	CL B	494274103	17,081	826,378	SH		SOLE		826,378	0	0
KIMBERLY CLARK CORP	COM	494368103	225	1,634	SH		SOLE		1,634	0	0
KINGSTONE COS INC	COM	496719105	2,736	353,000	SH		SOLE		353,000	0	0
LAMAR ADVERTISING CO NEW	CL A	512816109	5,800	64,982	SH		SOLE		64,982	0	0
LAWSON PRODS INC	COM	520776105	5,358	102,835	SH		SOLE		102,835	0	0
LEAF GROUP LTD	COM	52177G102	2,817	704,208	SH		SOLE		704,208	0	0
LENDINGTREE INC NEW	COM	52603B107	4,374	14,416	SH		SOLE		14,416	0	0
LITHIA MTRS INC	CL A	536797103	12,021	81,778	SH		SOLE		81,778	0	0
LUNA INNOVATIONS	COM	550351100	3,421	469,239	SH		SOLE		469,239	0	0
MACQUARIE INFRASTRUCTURE COR	COM	55608B105	8,144	190,107	SH		SOLE		190,107	0	0
MADDEN STEVEN LTD	COM	556269108	7,873	183,058	SH		SOLE		183,058	0	0
MALIBU BOATS INC	COM CL A	56117J100	18,260	445,903	SH		SOLE		445,903	0	0
MASTERCRAFT BOAT HLDGS INC	COM	57637H103	5,933	376,725	SH		SOLE		376,725	0	0
MCDONALDS CORP	COM	580135101	418	2,113	SH		SOLE		2,113	0	0
MICROSOFT CORP	COM	594918104	11,990	76,028	SH		SOLE		76,028	0	0
MTBC INC	COM	55378G102	235	58,000	SH		SOLE		58,000	0	0
MVC CAPITAL INC	COM	553829102	7,826	853,434	SH		SOLE		853,434	0	0
NATHANS FAMOUS INC NEW	COM	632347100	1,595	22,500	SH		SOLE		22,500	0	0
NATURAL GAS SERVICES GROUP	COM	63886Q109	1,126	91,870	SH		SOLE		91,870	0	0
NEUBERGER BERMAN MLP AND ENR	COM	64129H104	16,795	2,484,523	SH		SOLE		2,484,523	0	0
NEXPOINT STRATEGIC OPORTUNT	COM NEW	65340G205	373	21,080	SH		SOLE		21,080	0	0
NORTHERN TECH INTL CORP	COM	665809109	4,057	288,583	SH		SOLE		288,583	0	0
NOVANTA INC	COM	67000B104	8,437	95,397	SH		SOLE		95,397	0	0
NUVEEN CR OPPORTUNITIES 2022	COM	67075U102	201	20,074	SH		SOLE		20,074	0	0
NUVEEN INTER DURATION MN TMF	COM	670671106	4,557	327,575	SH		SOLE		327,575	0	0
NUVEEN PFD & INCOME TERM FD	COM	67075A106	1,983	76,824	SH		SOLE		76,824	0	0
OAKTREE STRATEGIC INCOME COR	COM	67402D104	2,526	308,451	SH		SOLE		308,451	0	0
ORACLE CORP	COM	68389X105	4,844	91,427	SH		SOLE		91,427	0	0
OUTFRONT MEDIA INC	COM	69007J106	7,043	262,590	SH		SOLE		262,590	0	0
PANHANDLE OIL AND GAS INC	CL A	698477106	1,796	160,221	SH		SOLE		160,221	0	0
PAR PACIFIC HOLDINGS INC	COM NEW	69888T207	16,073	691,626	SH		SOLE		691,626	0	0
PAYPAL HLDGS INC	COM	70450Y103	362	3,348	SH		SOLE		3,348	0	0
PCSB FINL CORP	COM	69324R104	4,145	204,695	SH		SOLE		204,695	0	0
PENNANTPARK FLOATING RATE CA	COM	70806A106	2,930	240,536	SH		SOLE		240,536	0	0
PERCEPTRON INC	COM	71361F100	3,221	585,644	SH		SOLE		585,644	0	0
PFIZER INC	COM	717081103	639	16,299	SH		SOLE		16,299	0	0
PHILIP MORRIS INTL INC	COM	718172109	319	3,750	SH		SOLE		3,750	0	0
PIMCO ENRGY TACTICAL CR OPP	COM SHS BEN INT	69346N107	6,899	418,110	SH		SOLE		418,110	0	0
PLUMAS BANCORP	COM	729273102	795	30,120	SH		SOLE		30,120	0	0
PORTMAN RIDGE FIN CORP	COM	73688F102	2,362	1,114,257	SH		SOLE		1,114,257	0	0
POSTAL REALTY TRUST INC	CL A	73757R102	238	14,040	SH		SOLE		14,040	0	0
POWERFLEET INC	COM	73931J109	5,114	785,581	SH		SOLE		785,581	0	0
PRGX GLOBAL INC	COM NEW	69357C503	2,398	487,470	SH		SOLE		487,470	0	0
PRO-DEX INC COLO	COM NEW	74265M205	570	32,500	SH		SOLE		32,500	0	0
PROCTER & GAMBLE CO	COM	742718109	353	2,830	SH		SOLE		2,830	0	0
PZENA INVESTMENT MGMT INC	CLASS A	74731Q103	15,829	1,836,330	SH		SOLE		1,836,330	0	0
RADNET INC	COM	750491102	11,481	565,559	SH		SOLE		565,559	0	0
READY CAP CORP	COM	75574U101	4,883	316,673	SH		SOLE		316,673	0	0
REPUBLIC SVCS INC	COM	760759100	6,964	77,694	SH		SOLE		77,694	0	0
RIGNET INC	COM	766582100	4,982	754,885	SH		SOLE		754,885	0	0
RIVERNORTH DOUBLELINE STRATE	COM	76882G107	12,489	760,147	SH		SOLE		760,147	0	0
ROYCE MICRO-CAP TR INC	COM	780915104	4,494	526,195	SH		SOLE		526,195	0	0
ROYCE VALUE TR INC	COM	780910105	4,835	327,361	SH		SOLE		327,361	0	0
SAFEGUARD SCIENTIFICS INC	COM NEW	786449207	3,064	279,098	SH		SOLE		279,098	0	0
SB FINL GROUP INC	COM	78408D105	3,430	174,218	SH		SOLE		174,218	0	0
SCRIPPS E W CO OHIO	CL A NEW	811054402	9,563	608,712	SH		SOLE		608,712	0	0
SEASPAN CORP	SHS	Y75638109	13,756	968,062	SH		SOLE		968,062	0	0
SELECT ENERGY SVCS INC	CL A COM	81617J301	4,081	439,813	SH		SOLE		439,813	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	36	600	SH		SOLE		600	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	182	1,790	SH		SOLE		1,790	0	0
SILVERCREST ASSET MGMT GROUP	CL A	828359109	5,085	404,199	SH		SOLE		404,199	0	0
SIMULATIONS PLUS INC	COM	829214105	4,980	171,304	SH		SOLE		171,304	0	0
SLEEP NUMBER CORP	COM	83125X103	6,672	135,500	SH		SOLE		135,500	0	0
SMTC CORP	COM NEW	832682207	474	139,693	SH		SOLE		139,693	0	0
SOLAR CAP LTD	COM	83413U100	7,185	348,468	SH		SOLE		348,468	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	2,773	8,617	SH		SOLE		8,617	0	0
SPOK HLDGS INC	COM	84863T106	9,194	751,761	SH		SOLE		751,761	0	0
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	6,838	111,368	SH		SOLE		111,368	0	0
STONECASTLE FINL CORP	COM	861780104	6,322	283,488	SH		SOLE		283,488	0	0
STRYKER CORP	COM	863667101	267	1,271	SH		SOLE		1,271	0	0
SUPERIOR DRILLING PRODS INC	COM	868153107	382	466,075	SH		SOLE		466,075	0	0
SUPERIOR GRP OF COMPANIES IN	COM	868358102	4,173	308,176	SH		SOLE		308,176	0	0
SYNACOR INC	COM	871561106	243	160,000	SH		SOLE		160,000	0	0
TARGET CORP	COM	87612E106	8,511	66,384	SH		SOLE		66,384	0	0
TECHTARGET INC	COM	87874R100	21,458	822,137	SH		SOLE		822,137	0	0
TEKLA HEALTHCARE INVS	SH BEN INT	87911J103	8,473	405,799	SH		SOLE		405,799	0	0
TORTOISE ENERGY INDEPENDENC	COM	89148K101	279	64,300	SH		SOLE		64,300	0	0
TORTOISE ESSENTIAL ASSETS IN	COM SH BEN INT	89148A103	5,598	341,571	SH		SOLE		341,571	0	0
TRANSACT TECHNOLOGIES INC	COM	892918103	3,990	363,700	SH		SOLE		363,700	0	0
TRANSCAT INC	COM	893529107	8,194	257,193	SH		SOLE		257,193	0	0
UFP TECHNOLOGIES INC	COM	902673102	8,483	171,000	SH		SOLE		171,000	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	5,622	37,539	SH		SOLE		37,539	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	11,283	38,379	SH		SOLE		38,379	0	0
US BANCORP DEL	COM NEW	902973304	914	15,414	SH		SOLE		15,414	0	0
U S PHYSICAL THERAPY INC	COM	90337L108	5,159	45,117	SH		SOLE		45,117	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	89	501	SH		SOLE		501	0	0
VAREX IMAGING CORP	COM	92214X106	6,414	215,165	SH		SOLE		215,165	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	6,518	106,161	SH		SOLE		106,161	0	0
VOLT INFORMATION SCIENCES IN	COM	928703107	2,282	920,127	SH		SOLE		920,127	0	0
WASTE MGMT INC DEL	COM	94106L109	7,637	67,011	SH		SOLE		67,011	0	0
WELLS FARGO CO NEW	COM	949746101	547	10,160	SH		SOLE		10,160	0	0
WESTERN ASSET HGH YLD DFNDFD	COM	95768B107	5,693	363,785	SH		SOLE		363,785	0	0
WEYERHAEUSER CO	COM	962166104	4,713	156,066	SH		SOLE		156,066	0	0
XPEL INC	COM	98379L100	844	57,631	SH		SOLE		57,631	0	0
ZYNEX INC	COM	98986M103	4,239	538,575	SH		SOLE		538,575	0	0
ISHARES TR	1 3 YR TREAS BD	464287457	4,947	58,452	SH		SOLE		58,452	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	3,586	66,697	SH		SOLE		66,697	0	0
ISHARES TR	CORE MSCI EURO	46434V738	11,081	222,195	SH		SOLE		222,195	0	0
ISHARES TR	CORE S&P500 ETF	464287200	137	423	SH		SOLE		423	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	67	800	SH		SOLE		800	0	0
ISHARES TR	DEVSMCP EXNA ETF	464288497	126	2,261	SH		SOLE		2,261	0	0
ISHARES TR	DOW JONES US ETF	464287846	4	25	SH		SOLE		25	0	0
ISHARES TR	EAFE VALUE ETF	464288877	167	3,341	SH		SOLE		3,341	0	0
ISHARES TR	MICRO-CAP ETF	464288869	50	499	SH		SOLE		499	0	0
ISHARES TR	MRGSTR MD CP GRW	464288307	1,318	5,011	SH		SOLE		5,011	0	0
ISHARES TR	MSCI EAFE ETF	464287465	355	5,106	SH		SOLE		5,106	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	296	6,603	SH		SOLE		6,603	0	0
ISHARES TR	MSCI KLD400 SOC	464288570	71	590	SH		SOLE		590	0	0
ISHARES INC	MSCI SINGPOR ETF	46434G780	9	367	SH		SOLE		367	0	0
ISHARES TR	MSCI USA ESG SLC	464288802	160	1,198	SH		SOLE		1,198	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	581	2,711	SH		SOLE		2,711	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	616	3,715	SH		SOLE		3,715	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	21,548	111,277	SH		SOLE		111,277	0	0
ISHARES TR	S&P 500 VAL ETF	464287408	5,899	45,344	SH		SOLE		45,344	0	0
ISHARES TR	SHORT TREAS BD	464288679	9,812	88,831	SH		SOLE		88,831	0	0
ISHARES TR	TIPS BD ETF	464287176	31	262	SH		SOLE		262	0	0
SPDR INDEX SHS FDS	EURO STOXX 50	78463X202	191	4,690	SH		SOLE		4,690	0	0
SPDR INDEX SHS FDS	SOLACTIVE CANADA	78463X376	8	126	SH		SOLE		126	0	0
SPDR INDEX SHS FDS	SOLACTIVE GERMNY	78463X350	3	57	SH		SOLE		57	0	0
SPDR INDEX SHS FDS	SOLACTIVE UK ETF	78463X335	7	137	SH		SOLE		137	0	0
SPDR INDEX SHS FDS	SOLACTV HK ETF	78463X145	8	122	SH		SOLE		122	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	86	471	SH		SOLE		471	0	0
VANGUARD INDEX FDS	MCAP VL IDXVIP	922908512	530	4,448	SH		SOLE		4,448	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	20	69	SH		SOLE		69	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	102	618	SH		SOLE		618	0	0
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	414	3,022	SH		SOLE		3,022	0	0