Punch & Associates Investment Management’s CIFC LLC Common Shares CIFC Stock Holding History

Punch & Associates Investment Management’s Portfolio CIFC Stock Details CIFC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-131,402	Closed	-$940K	–	281
2015 Q3	$940K	Sell	131,402 -35,160	-21%	-$260K	0.13%	168
2015 Q2	$1.32M	Sell	166,562 -3,238	-2%	-$25K	0.17%	159
2015 Q1	$1.3M	Hold	169,800	–	–	0.16%	154
2014 Q4	$1.4M	Sell	169,800 -200	-0.1%	-$1.78K	0.18%	148
2014 Q3	$1.54M	Hold	170,000	–	–	0.22%	145
2014 Q2	$1.53M	Hold	170,000	–	–	0.21%	148
2014 Q1	$1.38M	Hold	170,000	–	–	0.19%	149
2013 Q4	$1.32M	Buy	170,000 +42,671	+34%	+$335K	0.18%	152
2013 Q3	$1M	Buy	127,329 +762	+0.6%	+$5.75K	0.16%	151
2013 Q2	$956K	Buy	+126,567	New	+$983K	0.17%	153

Other funds holding CIFC

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Raffles Associates New York $115M AUM 35.69% 1-Year Est. Return

GCM

Gator Capital Management Tampa, Florida $489M AUM 54.23% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

AGM

Alpine Global Management New York $668M AUM 20.22% 1-Year Est. Return

BCM

BlueCrest Capital Management St Helier, Jersey $1.69B AUM 20.01% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

California Public Employees Retirement System Sacramento, California $162B AUM 25.78% 1-Year Est. Return

Punch & Associates Investment Management's CIFC Position: Q4 2015 in Review

Punch & Associates Investment Management sold out of CIFC LLC Common Shares (CIFC) in Q4 2015, closing a stake of 131,402 shares — an estimated $940K sold.

Punch & Associates Investment Management first reported a position in CIFC in Q2 2013 and held it in 10 quarters. The position peaked at $1.54M in Q3 2014. 32 funds tracked by Wall St. Rank hold CIFC as of Q4 2015.

Punch & Associates Investment Management reported no remaining CIFC LLC Common Shares position as of Q4 2015 after selling out during the quarter.
Punch & Associates Investment Management sold 131,402 CIFC LLC Common Shares shares in Q4 2015, an estimated $940K.
Punch & Associates Investment Management first reported a position in CIFC LLC Common Shares in Q2 2013 and held it in 10 quarters.
Punch & Associates Investment Management's CIFC LLC Common Shares position peaked at $1.54M in Q3 2014.
32 funds tracked by Wall St. Rank held CIFC LLC Common Shares as of Q4 2015.

Based on Punch & Associates Investment Management's 13F filing for Q4 2015, filed 28 Jan 2016.