Punch & Associates Investment Management’s Axcelis ACLS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-124,750	Closed	-$998K	–	176
2014 Q2	$998K	Hold	124,750	–	–	0.13%	160
2014 Q1	$1.07M	Hold	124,750	–	–	0.15%	160
2013 Q4	$1.22M	Buy	+124,750	New	+$1.22M	0.16%	154