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
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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	4,354	1,961,095	SH		SOLE		1,961,095	0	0
3M CO	COM	88579Y101	2,688	15,378	SH		SOLE		15,378	0	0
ABBOTT LABS	COM	002824100	216	1,973	SH		SOLE		1,973	0	0
ABBVIE INC	COM	00287Y109	367	3,423	SH		SOLE		3,423	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	9,311	35,644	SH		SOLE		35,644	0	0
ADDUS HOMECARE CORP	COM	006739106	14,966	127,819	SH		SOLE		127,819	0	0
AGILYSYS INC	COM	00847J105	13,236	344,859	SH		SOLE		344,859	0	0
AGNC INVT CORP	COM	00123Q104	7,415	475,299	SH		SOLE		475,299	0	0
AIRGAIN INC	COM	00938A104	1,947	109,500	SH		SOLE		109,500	0	0
ALAMO GROUP INC	COM	011311107	10,075	73,034	SH		SOLE		73,034	0	0
ALLIANZGI CONV & INCM 2024 T	COM	01883H102	9,071	908,023	SH		SOLE		908,023	0	0
ALLIED MOTION TECHNOLOGIES I	COM	019330109	12,363	241,931	SH		SOLE		241,931	0	0
ALPS ETF TR	ALERIAN MLP	00162Q452	7,353	286,550	SH		SOLE		286,550	0	0
ALTA EQUIPMENT GROUP INC	COMMON STOCK	02128L106	8,160	825,866	SH		SOLE		825,866	0	0
ALTA EQUIPMENT GROUP INC	*W EXP 02/14/202	02128L114	200	100,000	SH		SOLE		100,000	0	0
AMERCO	COM	023586100	8,279	18,237	SH		SOLE		18,237	0	0
AMERICAS CAR-MART INC	COM	03062T105	4,478	40,770	SH		SOLE		40,770	0	0
AMERIPRISE FINL INC	COM	03076C106	7,116	36,618	SH		SOLE		36,618	0	0
AMGEN INC	COM	031162100	240	1,044	SH		SOLE		1,044	0	0
ANNALY CAPITAL MANAGEMENT IN	COM	035710409	86	10,160	SH		SOLE		10,160	0	0
ANTHEM INC	COM	036752103	9,177	28,579	SH		SOLE		28,579	0	0
ARBOR REALTY TRUST INC	COM	038923108	7,524	530,598	SH		SOLE		530,598	0	0
ARCOSA INC	COM	039653100	9,163	166,810	SH		SOLE		166,810	0	0
ARES CAPITAL CORP	COM	04010L103	7,359	435,679	SH		SOLE		435,679	0	0
ARLINGTON ASSET INVST CORP	CL A NEW	041356205	1,458	385,734	SH		SOLE		385,734	0	0
ASPEN GROUP INC	COM NEW	04530L203	6,964	625,710	SH		SOLE		625,710	0	0
ASTRONOVA INC	COM	04638F108	4,230	397,141	SH		SOLE		397,141	0	0
ATLAS CORP	SHARES	Y0436Q109	12,108	1,116,962	SH		SOLE		1,116,962	0	0
AVIAT NETWORKS INC	COM NEW	05366Y201	854	25,000	SH		SOLE		25,000	0	0
AVID BIOSERVICES INC	COM	05368M106	8,637	748,450	SH		SOLE		748,450	0	0
AWARE INC MASS	COM	05453N100	3,247	927,830	SH		SOLE		927,830	0	0
B. RILEY FINANCIAL INC	COM	05580M108	53,227	1,203,675	SH		SOLE		1,203,675	0	0
BAR HBR BANKSHARES	COM	066849100	6,418	284,108	SH		SOLE		284,108	0	0
BARINGS BDC INC	COM	06759L103	29,053	3,157,881	SH		SOLE		3,157,881	0	0
BCE INC	COM NEW	05534B760	5,666	132,384	SH		SOLE		132,384	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	348	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	9,937	42,854	SH		SOLE		42,854	0	0
BLACKROCK 2022 GBL INCM OPP	COM	09258P104	4,384	484,935	SH		SOLE		484,935	0	0
BLACKSTONE STRATEGIC CREDIT	COM SHS BEN IN	09257R101	5,794	464,279	SH		SOLE		464,279	0	0
BLUELINX HLDGS INC	COM NEW	09624H208	23,889	816,442	SH		SOLE		816,442	0	0
BOEING CO	COM	097023105	4,822	22,525	SH		SOLE		22,525	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	410	11,411	SH		SOLE		11,411	0	0
BOULDER GROWTH & INCOME FD I	COM	101507101	10,624	953,653	SH		SOLE		953,653	0	0
BRIDGEWATER BANCSHARES INC	COM ACCD INV	108621103	8,006	641,000	SH		SOLE		641,000	0	0
BRIDGFORD FOODS CORP	COM	108763103	435	23,900	SH		SOLE		23,900	0	0
BRIGHTVIEW HLDGS INC	COM	10948C107	7,085	468,570	SH		SOLE		468,570	0	0
BROADMARK RLTY CAP INC	COM	11135B100	5,782	566,881	SH		SOLE		566,881	0	0
BRUNSWICK CORP	COM	117043109	8,671	113,739	SH		SOLE		113,739	0	0
CALAMOS DYNAMIC CONV & INCOM	COM	12811V105	4,558	161,789	SH		SOLE		161,789	0	0
CALLAWAY GOLF CO	COM	131193104	23,186	965,676	SH		SOLE		965,676	0	0
CAPITAL SOUTHWEST CORP	COM	140501107	15,702	884,617	SH		SOLE		884,617	0	0
CAPITALA FIN CORP	COM NEW	14054R502	451	31,300	SH		SOLE		31,300	0	0
CARRIER GLOBAL CORPORATION	COM	14448C104	3,757	99,590	SH		SOLE		99,590	0	0
CELCUITY INC	COM	15102K100	606	66,114	SH		SOLE		66,114	0	0
CHANNELADVISOR CORP	COM	159179100	1,758	110,000	SH		SOLE		110,000	0	0
CHARLES & COLVARD LTD	COM	159765106	214	174,000	SH		SOLE		174,000	0	0
CINTAS CORP	COM	172908105	8,927	25,255	SH		SOLE		25,255	0	0
COLUMBUS MCKINNON CORP N Y	COM	199333105	11,047	287,378	SH		SOLE		287,378	0	0
COMMUNICATIONS SYS INC	COM	203900105	2,242	490,491	SH		SOLE		490,491	0	0
CRESCENT CAP BDC INC	COM	225655109	4,020	275,932	SH		SOLE		275,932	0	0
CSW INDUSTRIALS INC	COM	126402106	12,758	114,004	SH		SOLE		114,004	0	0
CULP INC	COM	230215105	4,589	289,133	SH		SOLE		289,133	0	0
CVS HEALTH CORP	COM	126650100	4,386	64,210	SH		SOLE		64,210	0	0
CYBEROPTICS CORP	COM	232517102	1,908	84,068	SH		SOLE		84,068	0	0
DEERE & CO	COM	244199105	7,694	28,597	SH		SOLE		28,597	0	0
DELAWARE INVTS MINN MUN INCO	COM	24610V103	236	18,000	SH		SOLE		18,000	0	0
DELUXE CORP	COM	248019101	7,232	247,681	SH		SOLE		247,681	0	0
DHI GROUP INC	COM	23331S100	3,679	1,657,130	SH		SOLE		1,657,130	0	0
DIAMOND HILL INVT GROUP INC	COM NEW	25264R207	2,030	13,600	SH		SOLE		13,600	0	0
DIGI INTL INC	COM	253798102	19,208	1,016,308	SH		SOLE		1,016,308	0	0
DISNEY WALT CO	COM	254687106	14,170	78,211	SH		SOLE		78,211	0	0
DLH HLDGS CORP	COM	23335Q100	6,933	743,900	SH		SOLE		743,900	0	0
DOLBY LABORATORIES INC	COM CL A	25659T107	207	2,130	SH		SOLE		2,130	0	0
DOUBLELINE YIELD OPPORTUNITI	COM	25862D105	5,172	279,435	SH		SOLE		279,435	0	0
DOUGLAS DYNAMICS INC	COM	25960R105	11,274	263,588	SH		SOLE		263,588	0	0
DSP GROUP INC	COM	23332B106	2,961	178,500	SH		SOLE		178,500	0	0
EATON VANCE TX ADV GLBL DIV	COM	27828S101	8,769	480,513	SH		SOLE		480,513	0	0
ECOLAB INC	COM	278865100	1,115	5,153	SH		SOLE		5,153	0	0
ELECTROMED INC	COM	285409108	2,789	284,305	SH		SOLE		284,305	0	0
EMERSON ELEC CO	COM	291011104	203	2,532	SH		SOLE		2,532	0	0
ENSTAR GROUP LIMITED	SHS	G3075P101	9,695	47,318	SH		SOLE		47,318	0	0
EQUITY COMWLTH	COM SH BEN INT	294628102	3,779	138,535	SH		SOLE		138,535	0	0
ETSY INC	COM	29786A106	22,046	123,919	SH		SOLE		123,919	0	0
EXANTAS CAP CORP	COM NEW	30068N105	995	249,470	SH		SOLE		249,470	0	0
FARMERS NATIONAL BANC CORP	COM	309627107	3,343	251,901	SH		SOLE		251,901	0	0
FARO TECHNOLOGIES INC	COM	311642102	10,961	155,193	SH		SOLE		155,193	0	0
FERRO CORP	COM	315405100	12,598	861,120	SH		SOLE		861,120	0	0
FIBROGEN INC	COM	31572Q808	334	9,000	SH		SOLE		9,000	0	0
FIRST TR ENERGY INFRASTRCTR	COM	33738C103	4,468	426,338	SH		SOLE		426,338	0	0
FIRST TR HIGH YIELD OPPRT 20	COM	33741Q107	6,144	302,350	SH		SOLE		302,350	0	0
FIRST TR MLP & ENERGY INCOM	COM	33739B104	2,135	367,435	SH		SOLE		367,435	0	0
FIRST WESTN FINL INC	COM	33751L105	5,029	257,000	SH		SOLE		257,000	0	0
FISERV INC	COM	337738108	9,391	82,477	SH		SOLE		82,477	0	0
FRANCHISE GROUP INC	COM	35180X105	11,136	365,704	SH		SOLE		365,704	0	0
FRANKLIN COVEY CO	COM	353469109	11,511	516,899	SH		SOLE		516,899	0	0
GABELLI GLOBAL SMALL & MID C	COM	36249W104	480	36,773	SH		SOLE		36,773	0	0
GENTHERM INC	COM	37253A103	9,967	152,823	SH		SOLE		152,823	0	0
GLOBAL MED REIT INC	COM NEW	37954A204	1,580	121,000	SH		SOLE		121,000	0	0
GLOBAL SHIP LEASE INC NEW	COM CL A	Y27183600	10,170	855,379	SH		SOLE		855,379	0	0
GLOBE LIFE INC	COM	37959E102	419	4,410	SH		SOLE		4,410	0	0
GREAT ELM GROUP INC	COM NEW	39037G109	1,722	598,000	SH		SOLE		598,000	0	0
GREEN BRICK PARTNERS INC	COM	392709101	29,965	1,305,117	SH		SOLE		1,305,117	0	0
HACKETT GROUP INC	COM	404609109	14,560	1,011,837	SH		SOLE		1,011,837	0	0
HARVARD BIOSCIENCE INC	COM	416906105	6,915	1,611,835	SH		SOLE		1,611,835	0	0
HEALTHSTREAM INC	COM	42222N103	518	23,737	SH		SOLE		23,737	0	0
HERITAGE CRYSTAL CLEAN INC	COM	42726M106	5,702	270,600	SH		SOLE		270,600	0	0
HERITAGE GLOBAL INC	COM	42727E103	5,742	2,158,630	SH		SOLE		2,158,630	0	0
HOOKER FURNITURE CORP	COM	439038100	12,838	398,065	SH		SOLE		398,065	0	0
HORMEL FOODS CORP	COM	440452100	4,985	106,942	SH		SOLE		106,942	0	0
LUMENT FINANCE TRUST INC	COM	55025L108	3,189	975,205	SH		SOLE		975,205	0	0
IAC INTERACTIVECORP NEW	COM	44891N109	7,060	37,285	SH		SOLE		37,285	0	0
IEC ELECTRS CORP NEW	COM	44949L105	12,167	897,900	SH		SOLE		897,900	0	0
IES HLDGS INC	COM	44951W106	3,338	72,500	SH		SOLE		72,500	0	0
INFUSYSTEM HLDGS INC	COM	45685K102	7,876	419,391	SH		SOLE		419,391	0	0
INTEL CORP	COM	458140100	766	15,372	SH		SOLE		15,372	0	0
INVACARE CORP	COM	461203101	8,482	947,730	SH		SOLE		947,730	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	4,043	65,173	SH		SOLE		65,173	0	0
ISHARES TR	CORE MSCI EURO	46434V738	11,070	215,879	SH		SOLE		215,879	0	0
ISHARES TR	CORE S&P500 ETF	464287200	20	52	SH		SOLE		52	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	74	800	SH		SOLE		800	0	0
ISHARES TR	CORE S&P US GWT	464287671	35	390	SH		SOLE		390	0	0
ISHARES TR	CORE US AGGBD ET	464287226	34	285	SH		SOLE		285	0	0
ISHARES TR	DOW JONES US ETF	464287846	5	50	SH		SOLE		50	0	0
ISHARES TR	MICRO-CAP ETF	464288869	60	505	SH		SOLE		505	0	0
ISHARES TR	MRGSTR MD CP GRW	464288307	1,917	5,012	SH		SOLE		5,012	0	0
ISHARES TR	MSCI EAFE ETF	464287465	360	4,932	SH		SOLE		4,932	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	341	6,603	SH		SOLE		6,603	0	0
ISHARES TR	MSCI KLD400 SOC	464288570	36	497	SH		SOLE		497	0	0
ISHARES TR	MSCI USA ESG SLC	464288802	119	1,445	SH		SOLE		1,445	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	778	2,714	SH		SOLE		2,714	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	33	169	SH		SOLE		169	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	25,494	399,460	SH		SOLE		399,460	0	0
ISHARES TR	S&P 500 VAL ETF	464287408	6,331	49,452	SH		SOLE		49,452	0	0
ISHARES TR	SHORT TREAS BD	464288679	37	335	SH		SOLE		335	0	0
ISHARES TR	US OIL EQ&SV ETF	464288844	8	734	SH		SOLE		734	0	0
ISSUER DIRECT CORP	COM NEW	46520M204	797	45,500	SH		SOLE		45,500	0	0
JOHNSON & JOHNSON	COM	478160104	6,899	43,840	SH		SOLE		43,840	0	0
JPMORGAN CHASE & CO	COM	46625H100	9,368	73,727	SH		SOLE		73,727	0	0
KIMBALL ELECTRONICS INC	COM	49428J109	8,579	536,550	SH		SOLE		536,550	0	0
KIMBALL INTL INC	CL B	494274103	4,793	401,066	SH		SOLE		401,066	0	0
KIMBERLY-CLARK CORP	COM	494368103	220	1,634	SH		SOLE		1,634	0	0
KINGSTONE COS INC	COM	496719105	3,409	512,569	SH		SOLE		512,569	0	0
LAWSON PRODS INC	COM	520776105	6,518	128,035	SH		SOLE		128,035	0	0
LEAF GROUP LTD	COM	52177G102	6,582	1,415,389	SH		SOLE		1,415,389	0	0
LENDINGTREE INC NEW	COM	52603B107	3,731	13,627	SH		SOLE		13,627	0	0
LILLY ELI & CO	COM	532457108	1,838	10,888	SH		SOLE		10,888	0	0
LINCOLN EDL SVCS CORP	COM	533535100	132	20,300	SH		SOLE		20,300	0	0
LITHIA MTRS INC	CL A	536797103	12,955	44,266	SH		SOLE		44,266	0	0
LUNA INNOVATIONS	COM	550351100	5,889	596,050	SH		SOLE		596,050	0	0
MADDEN STEVEN LTD	COM	556269108	6,379	180,598	SH		SOLE		180,598	0	0
MALIBU BOATS INC	COM CL A	56117J100	19,130	306,381	SH		SOLE		306,381	0	0
MASTERCRAFT BOAT HLDGS INC	COM	57637H103	12,146	488,972	SH		SOLE		488,972	0	0
MCDONALDS CORP	COM	580135101	403	1,880	SH		SOLE		1,880	0	0
MEDTRONIC PLC	SHS	G5960L103	324	2,769	SH		SOLE		2,769	0	0
MICROSOFT CORP	COM	594918104	13,250	59,574	SH		SOLE		59,574	0	0
MTBC INC	COM	55378G102	749	82,600	SH		SOLE		82,600	0	0
NORTHERN TECHNOLOGIES INTL C	COM	665809109	4,062	384,614	SH		SOLE		384,614	0	0
NOVANTA INC	COM	67000B104	8,093	68,454	SH		SOLE		68,454	0	0
NUVEEN PFD & INCOME TERM FD	COM	67075A106	3,498	142,142	SH		SOLE		142,142	0	0
NVE CORP	COM NEW	629445206	3,212	57,172	SH		SOLE		57,172	0	0
OAKTREE SPECIALTY LENDING CO	COM	67401P108	6,460	1,159,803	SH		SOLE		1,159,803	0	0
OAKTREE STRATEGIC INCOME COR	COM	67402D104	2,794	360,520	SH		SOLE		360,520	0	0
OIL DRI CORP AMER	COM	677864100	3,432	100,692	SH		SOLE		100,692	0	0
ORACLE CORP	COM	68389X105	7,461	115,331	SH		SOLE		115,331	0	0
PAR PAC HOLDINGS INC	COM NEW	69888T207	10,200	729,647	SH		SOLE		729,647	0	0
PAYPAL HLDGS INC	COM	70450Y103	784	3,348	SH		SOLE		3,348	0	0
PERMA-FIX ENVIRONMENTAL SVCS	COM NEW	714157203	1,791	300,000	SH		SOLE		300,000	0	0
PFIZER INC	COM	717081103	722	19,617	SH		SOLE		19,617	0	0
PHIBRO ANIMAL HEALTH CORP	CL A COM	71742Q106	6,740	347,071	SH		SOLE		347,071	0	0
PHILIP MORRIS INTL INC	COM	718172109	258	3,120	SH		SOLE		3,120	0	0
PIMCO ENRGY TACTICAL CR OPP	COM SHS BEN INT	69346N107	5,454	674,978	SH		SOLE		674,978	0	0
PLUMAS BANCORP	COM	729273102	720	30,640	SH		SOLE		30,640	0	0
PORTMAN RIDGE FIN CORP	COM	73688F102	1,644	860,912	SH		SOLE		860,912	0	0
POSTAL REALTY TRUST INC	CL A	73757R102	4,347	257,529	SH		SOLE		257,529	0	0
POWERFLEET INC	COM	73931J109	4,332	583,056	SH		SOLE		583,056	0	0
PRGX GLOBAL INC	COM NEW	69357C503	6,334	830,185	SH		SOLE		830,185	0	0
PROCTER AND GAMBLE CO	COM	742718109	394	2,830	SH		SOLE		2,830	0	0
PRO-DEX INC COLO	COM NEW	74265M205	619	20,000	SH		SOLE		20,000	0	0
PZENA INVT MGMT INC	CLASS A	74731Q103	14,059	1,925,949	SH		SOLE		1,925,949	0	0
QUEST RESOURCE HLDG CORP	COM NEW	74836W203	366	160,000	SH		SOLE		160,000	0	0
RADNET INC	COM	750491102	12,863	657,299	SH		SOLE		657,299	0	0
RANPAK HOLDINGS CORP	COM CL A	75321W103	11,692	869,935	SH		SOLE		869,935	0	0
REPUBLIC SVCS INC	COM	760759100	7,326	76,078	SH		SOLE		76,078	0	0
RF INDS LTD	COM PAR $0.01	749552105	2,160	440,000	SH		SOLE		440,000	0	0
RIVERNORTH DOUBLELINE STRATE	COM	76882G107	10,855	758,049	SH		SOLE		758,049	0	0
ROYCE MICRO-CAP TR INC	COM	780915104	10,385	1,026,153	SH		SOLE		1,026,153	0	0
ROYCE VALUE TR INC	COM	780910105	10,752	666,162	SH		SOLE		666,162	0	0
SAFEGUARD SCIENTIFICS INC	COM NEW	786449207	1,052	164,830	SH		SOLE		164,830	0	0
SB FINL GROUP INC	COM	78408D105	5,101	279,050	SH		SOLE		279,050	0	0
SCRIPPS E W CO OHIO	CL A NEW	811054402	8,794	575,121	SH		SOLE		575,121	0	0
SELECT INTERIOR CONCEPTS INC	CL A	816120307	3,289	460,000	SH		SOLE		460,000	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	203	1,790	SH		SOLE		1,790	0	0
SILVERCREST ASSET MGMT GROUP	CL A	828359109	4,835	348,107	SH		SOLE		348,107	0	0
SIMULATIONS PLUS INC	COM	829214105	7,329	101,901	SH		SOLE		101,901	0	0
SLEEP NUMBER CORP	COM	83125X103	13,279	162,218	SH		SOLE		162,218	0	0
SMITH MIDLAND CORP	COM	832156103	2,183	231,000	SH		SOLE		231,000	0	0
SMTC CORP	COM NEW	832682207	1,258	253,600	SH		SOLE		253,600	0	0
SOLAR CAP LTD	COM	83413U100	8,883	507,323	SH		SOLE		507,323	0	0
SOLAR SR CAP LTD	COM	83416M105	152	10,525	SH		SOLE		10,525	0	0
SPDR GOLD TR	GOLD SHS	78463V107	684	3,837	SH		SOLE		3,837	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,947	5,207	SH		SOLE		5,207	0	0
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	7,924	108,927	SH		SOLE		108,927	0	0
STONECASTLE FINL CORP	COM	861780104	10,822	562,198	SH		SOLE		562,198	0	0
STONEX GROUP INC	COM	861896108	34,371	593,618	SH		SOLE		593,618	0	0
STRYKER CORPORATION	COM	863667101	302	1,234	SH		SOLE		1,234	0	0
SUPERIOR GROUP OF CO INC	COM	868358102	3,211	138,175	SH		SOLE		138,175	0	0
TARGET CORP	COM	87612E106	10,462	59,264	SH		SOLE		59,264	0	0
TECHTARGET INC	COM	87874R100	14,972	253,296	SH		SOLE		253,296	0	0
TEKLA HEALTHCARE INVS	SH BEN INT	87911J103	9,794	411,015	SH		SOLE		411,015	0	0
TORTOISE ESSENTIAL ASSETS IN	COM SH BEN INT	89148A103	6,706	513,458	SH		SOLE		513,458	0	0
TORTOISE PIPELINE & ENERGY F	COM	89148H207	2,171	127,711	SH		SOLE		127,711	0	0
TRANSACT TECHNOLOGIES INC	COM	892918103	1,791	252,200	SH		SOLE		252,200	0	0
TRANSCAT INC	COM	893529107	8,944	257,900	SH		SOLE		257,900	0	0
UFP TECHNOLOGIES INC	COM	902673102	6,151	132,000	SH		SOLE		132,000	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	13,459	38,381	SH		SOLE		38,381	0	0
UNIVERSAL TECHNICAL INST INC	COM	913915104	4,935	763,870	SH		SOLE		763,870	0	0
US BANCORP DEL	COM NEW	902973304	718	15,414	SH		SOLE		15,414	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	119	471	SH		SOLE		471	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	12	35	SH		SOLE		35	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	11	57	SH		SOLE		57	0	0
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	542	3,813	SH		SOLE		3,813	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	82	422	SH		SOLE		422	0	0
VAREX IMAGING CORP	COM	92214X106	2,096	125,683	SH		SOLE		125,683	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	6,063	103,204	SH		SOLE		103,204	0	0
VIEMED HEALTHCARE INC	COM	92663R105	473	61,000	SH		SOLE		61,000	0	0
WASTE MGMT INC DEL	COM	94106L109	7,710	65,378	SH		SOLE		65,378	0	0
WAYSIDE TECHNOLOGY GROUP INC	COM	946760105	357	18,700	SH		SOLE		18,700	0	0
WELLS FARGO CO NEW	COM	949746101	307	10,160	SH		SOLE		10,160	0	0
WESTERN ASSET GLOBAL CP DEFI	COM	95790C107	7,067	390,458	SH		SOLE		390,458	0	0
WESTERN ASSET HIGH YIELD DEF	COM	95768B107	9,884	641,004	SH		SOLE		641,004	0	0
WESTERN ASSET MTG CAP CORP	COM	95790D105	131	40,300	SH		SOLE		40,300	0	0
WEYERHAEUSER CO MTN BE	COM NEW	962166104	6,866	204,775	SH		SOLE		204,775	0	0
WILLIAMS COS INC	COM	969457100	5,855	292,030	SH		SOLE		292,030	0	0
XPEL INC	COM	98379L100	12,952	251,200	SH		SOLE		251,200	0	0
ZYNEX INC	COM	98986M103	5,800	430,875	SH		SOLE		430,875	0	0