Minerva Advisors as of March 31, 2012
Portfolio Holdings for Minerva Advisors
Minerva Advisors holds 104 positions in its portfolio as reported in the March 2012 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| PMFG | 6.5 | $9.3M | 618k | 15.00 | |
| KapStone Paper and Packaging | 6.0 | $8.5M | 432k | 19.70 | |
| Chase Corporation | 4.8 | $6.9M | 435k | 15.75 | |
| Global Power Equipment Grp I | 4.8 | $6.8M | 245k | 27.66 | |
| Ats | 4.5 | $6.5M | 2.0M | 3.21 | |
| KapStone Paper and Packaging | 3.9 | $5.5M | 279k | 19.70 | |
| Astronics Corporation (ATRO) | 3.7 | $5.2M | 149k | 34.96 | |
| Dorman Products (DORM) | 3.4 | $4.8M | 94k | 50.58 | |
| Global Power Equipment Grp I | 2.9 | $4.1M | 148k | 27.66 | |
| Camden National Corporation (CAC) | 2.9 | $4.1M | 116k | 35.15 | |
| Apco Oil And Gas Internat | 2.8 | $4.0M | 59k | 68.17 | |
| InfuSystem Holdings (INFU) | 2.5 | $3.6M | 1.9M | 1.94 | |
| Belo | 2.4 | $3.5M | 484k | 7.17 | |
| U.S. Lime & Minerals (USLM) | 2.3 | $3.3M | 55k | 59.50 | |
| Globecomm Systems | 2.1 | $3.0M | 210k | 14.46 | |
| L.B. Foster Company (FSTR) | 2.1 | $3.0M | 106k | 28.51 | |
| E.W. Scripps Company (SSP) | 2.1 | $3.0M | 300k | 9.87 | |
| Globecomm Systems | 2.0 | $2.8M | 195k | 14.46 | |
| EDAC Technologies Corporation | 1.9 | $2.7M | 206k | 12.85 | |
| Eastern Company (EML) | 1.7 | $2.4M | 121k | 20.00 | |
| U.S. Lime & Minerals (USLM) | 1.6 | $2.3M | 39k | 59.51 | |
| A. H. Belo Corporation | 1.5 | $2.1M | 432k | 4.89 | |
| Dawson Geophysical Company | 1.4 | $2.0M | 60k | 34.30 | |
| Escalade (ESCA) | 1.2 | $1.8M | 300k | 5.92 | |
| Atrion Corporation (ATRI) | 1.2 | $1.8M | 8.3k | 210.27 | |
| Virco Mfg. Corporation (VIRC) | 1.2 | $1.7M | 836k | 2.05 | |
| Journal Communications | 1.2 | $1.7M | 297k | 5.63 | |
| Onvia | 1.1 | $1.6M | 403k | 3.91 | |
| Great Lakes Dredge & Dock Corporation (GLDD) | 1.1 | $1.6M | 217k | 7.22 | |
| A. H. Belo Corporation | 1.1 | $1.5M | 308k | 4.89 | |
| Great Lakes Dredge & Dock Corporation (GLDD) | 1.0 | $1.4M | 199k | 7.22 | |
| Journal Communications | 0.9 | $1.4M | 240k | 5.63 | |
| TF Financial Corporation | 0.9 | $1.3M | 55k | 24.15 | |
| ProAssurance Corporation (PRA) | 0.9 | $1.2M | 14k | 88.13 | |
| Asml Holding Nv Adr depository receipts | 0.9 | $1.2M | 24k | 50.15 | |
| Ampco-Pittsburgh (AP) | 0.8 | $1.2M | 59k | 20.14 | |
| Universal Stainless & Alloy Products (USAP) | 0.8 | $1.2M | 28k | 42.58 | |
| Deluxe Corporation (DLX) | 0.7 | $1.0M | 45k | 23.42 | |
| Ecology and Environment | 0.7 | $1.0M | 70k | 14.91 | |
| Gtsi | 0.7 | $1.0M | 213k | 4.86 | |
| Wpx Energy | 0.7 | $1.0M | 58k | 18.03 | |
| Gtsi | 0.7 | $964k | 198k | 4.86 | |
| Northwest Bancshares (NWBI) | 0.7 | $936k | 74k | 12.71 | |
| Pathfinder Ban | 0.6 | $873k | 93k | 9.44 | |
| Capital Senior Living Corporation | 0.6 | $818k | 89k | 9.23 | |
| Century Ban | 0.5 | $722k | 27k | 27.30 | |
| Charter Financial Corporation | 0.5 | $654k | 73k | 8.96 | |
| Mod-pac | 0.4 | $632k | 90k | 7.00 | |
| Citizens & Northern Corporation (CZNC) | 0.4 | $527k | 27k | 19.89 | |
| Teche Holding Company | 0.4 | $521k | 14k | 37.75 | |
| Argan (AGX) | 0.4 | $509k | 32k | 16.07 | |
| PT GA Cimatron Ltd ord | 0.4 | $510k | 128k | 3.98 | |
| Oba Financial Services | 0.3 | $496k | 35k | 14.02 | |
| Kimco Realty Corporation (KIM) | 0.3 | $433k | 23k | 19.24 | |
| Mod-pac | 0.3 | $429k | 61k | 6.99 | |
| Aerosonic Corporation | 0.3 | $416k | 169k | 2.46 | |
| Community Bank System (CBU) | 0.3 | $401k | 14k | 28.77 | |
| Providence & Worcester Railroad Company | 0.3 | $399k | 27k | 14.78 | |
| Charter Financial Corporation | 0.3 | $376k | 42k | 8.95 | |
| Donegal (DGICB) | 0.3 | $370k | 22k | 16.50 | |
| Donegal (DGICA) | 0.2 | $343k | 25k | 13.65 | |
| Barclays Bk Plc ipth s^p vix | 0.2 | $336k | 20k | 16.80 | |
| Norwood Financial Corporation (NWFL) | 0.2 | $348k | 13k | 25.96 | |
| Citizens & Northern Corporation (CZNC) | 0.2 | $326k | 16k | 19.88 | |
| Teche Holding Company | 0.2 | $321k | 8.5k | 37.76 | |
| Lin Tv | 0.2 | $308k | 77k | 4.00 | |
| Jacksonville Ban | 0.2 | $296k | 19k | 15.22 | |
| MutualFirst Financial | 0.2 | $304k | 31k | 9.82 | |
| Roma Financial Corporation | 0.2 | $286k | 29k | 9.82 | |
| Alliance Fiber Optic Products | 0.2 | $282k | 30k | 9.48 | |
| Aerosonic Corporation | 0.2 | $284k | 116k | 2.46 | |
| Century Ban | 0.2 | $264k | 9.7k | 27.32 | |
| Emclaire Financial | 0.2 | $273k | 15k | 17.78 | |
| Oconee Fed Finl Corp (OFED) | 0.2 | $264k | 23k | 11.53 | |
| Eagle Ban (EBMT) | 0.2 | $257k | 25k | 10.12 | |
| Beneficial Mutual Ban | 0.1 | $218k | 25k | 8.75 | |
| Koss Corporation (KOSS) | 0.1 | $212k | 39k | 5.39 | |
| People's United Financial | 0.1 | $192k | 15k | 13.22 | |
| Investors Ban | 0.1 | $180k | 12k | 15.00 | |
| Jacksonville Ban | 0.1 | $178k | 12k | 15.21 | |
| United Online | 0.1 | $168k | 35k | 4.88 | |
| Superior Uniform (SGC) | 0.1 | $169k | 15k | 11.66 | |
| BCSB Ban | 0.1 | $158k | 12k | 12.75 | |
| PT GA Cimatron Ltd ord | 0.1 | $161k | 41k | 3.97 | |
| Fox Chase Ban | 0.1 | $139k | 11k | 13.00 | |
| Breeze-Eastern Corporation | 0.1 | $109k | 13k | 8.38 | |
| Susquehanna Bancshares | 0.1 | $99k | 12k | 8.38 | |
| AmeriServ Financial (ASRV) | 0.1 | $99k | 38k | 2.61 | |
| CMS Ban | 0.1 | $87k | 12k | 7.27 | |
| Universal Stainless & Alloy Products (USAP) | 0.1 | $77k | 1.8k | 42.78 | |
| Mer Telemanagement | 0.1 | $64k | 34k | 1.90 | |
| Searchmedia Hldgs | 0.1 | $67k | 40k | 1.67 | |
| CFS Ban | 0.0 | $53k | 9.7k | 5.46 | |
| CMS Ban | 0.0 | $57k | 7.8k | 7.31 | |
| Alliance Fiber Optic Products | 0.0 | $62k | 6.6k | 9.39 | |
| Aehr Test Systems (AEHR) | 0.0 | $55k | 59k | 0.94 | |
| CFS Ban | 0.0 | $48k | 8.7k | 5.52 | |
| AmeriServ Financial (ASRV) | 0.0 | $37k | 14k | 2.61 | |
| BCSB Ban | 0.0 | $47k | 3.7k | 12.67 | |
| Mer Telemanagement | 0.0 | $39k | 21k | 1.89 | |
| Yadkin Valley Financial | 0.0 | $15k | 5.1k | 2.96 | |
| Giga-tronics, Incorporated | 0.0 | $19k | 13k | 1.45 | |
| Superior Uniform (SGC) | 0.0 | $12k | 1.0k | 12.00 | |
| Searchmedia Holdings Ltd *w exp 11/19/201 | 0.0 | $3.0k | 25k | 0.12 |
