Minerva Advisors

Minerva Advisors as of March 31, 2013

Portfolio Holdings for Minerva Advisors

Minerva Advisors holds 106 positions in its portfolio as reported in the March 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
KapStone Paper and Packaging 7.4 $10M 372k 27.80
Chase Corporation 6.0 $8.5M 440k 19.32
KapStone Paper and Packaging 4.8 $6.7M 242k 27.80
Global Power Equipment Grp I 3.6 $5.1M 290k 17.59
Belo 3.4 $4.8M 484k 9.83
L.B. Foster Company (FSTR) 3.4 $4.7M 106k 44.35
Astronics Corporation (ATRO) 3.1 $4.3M 145k 29.82
PMFG 3.0 $4.2M 688k 6.11
Dorman Products (DORM) 2.8 $4.0M 107k 37.20
E.W. Scripps Company (SSP) 2.8 $3.9M 325k 12.03
Camden National Corporation (CAC) 2.7 $3.8M 116k 33.08
Apco Oil And Gas Internat 2.4 $3.4M 277k 12.40
EDAC Technologies Corporation 2.4 $3.3M 180k 18.52
U.S. Lime & Minerals (USLM) 2.2 $3.1M 58k 53.20
Global Power Equipment Grp I 2.2 $3.0M 173k 17.59
A. H. Belo Corporation 1.9 $2.6M 450k 5.84
Globecomm Systems 1.8 $2.5M 211k 12.00
Globecomm Systems 1.7 $2.4M 199k 12.00
U.S. Lime & Minerals (USLM) 1.6 $2.3M 43k 53.20
Journal Communications 1.6 $2.2M 330k 6.72
Virco Mfg. Corporation (VIRC) 1.4 $2.0M 858k 2.38
Eastern Company (EML) 1.4 $2.0M 115k 17.54
Escalade (ESCA) 1.4 $2.0M 333k 6.05
InfuSystem Holdings (INFU) 1.4 $2.0M 1.1M 1.74
Deluxe Corporation (DLX) 1.3 $1.9M 45k 41.39
A. H. Belo Corporation 1.3 $1.9M 318k 5.84
Dawson Geophysical Company 1.3 $1.8M 60k 29.96
Journal Communications 1.2 $1.7M 257k 6.72
Atrion Corporation (ATRI) 1.1 $1.6M 8.3k 189.73
Onvia 1.1 $1.5M 403k 3.83
Great Lakes Dredge & Dock Corporation (GLDD) 1.1 $1.5M 228k 6.72
Malvern Ban 1.0 $1.5M 120k 12.19
Transcat (TRNS) 1.0 $1.4M 244k 5.70
Great Lakes Dredge & Dock Corporation (GLDD) 1.0 $1.4M 205k 6.72
ProAssurance Corporation (PRA) 1.0 $1.3M 28k 47.34
TF Financial Corporation 0.9 $1.3M 55k 24.20
InfuSystem Holdings (INFU) 0.9 $1.3M 732k 1.74
Asml Holding (ASML) 0.9 $1.2M 18k 68.02
Ampco-Pittsburgh (AP) 0.8 $1.1M 59k 18.90
Pathfinder Ban 0.8 $1.1M 93k 11.84
Universal Stainless & Alloy Products (USAP) 0.7 $1.0M 28k 36.34
Ecology and Environment 0.7 $951k 70k 13.50
Northwest Bancshares (NWBI) 0.7 $934k 74k 12.69
Wpx Energy 0.7 $925k 58k 16.01
Charter Financial Corporation 0.7 $909k 71k 12.78
Century Ban 0.6 $897k 27k 33.91
Lin Tv 0.6 $841k 77k 10.98
Aerosonic Corporation 0.6 $848k 178k 4.76
Transcat (TRNS) 0.6 $828k 145k 5.70
Mod-pac 0.5 $713k 96k 7.40
Argan (AGX) 0.5 $657k 44k 14.94
Oba Financial Services 0.5 $663k 35k 18.73
PT GA Cimatron Ltd ord 0.5 $631k 102k 6.20
Teche Holding Company 0.4 $569k 14k 41.23
Mod-pac 0.4 $544k 74k 7.40
Aerosonic Corporation 0.4 $550k 116k 4.76
Citizens & Northern Corporation (CZNC) 0.4 $517k 27k 19.51
Charter Financial Corporation 0.4 $523k 41k 12.79
Kimco Realty Corporation (KIM) 0.4 $504k 23k 22.40
Donegal (DGICB) 0.3 $492k 22k 22.88
Peoples Ban (PEBO) 0.3 $464k 23k 20.27
MutualFirst Financial 0.3 $443k 31k 14.33
Roma Financial Corporation 0.3 $440k 29k 15.09
Community Bank System (CBU) 0.3 $413k 14k 29.63
Providence & Worcester Railroad Company 0.3 $409k 27k 15.14
Norwood Financial Corporation (NWFL) 0.3 $407k 13k 30.38
Donegal (DGICA) 0.3 $382k 25k 15.20
Alliance Fiber Optic Products 0.3 $386k 30k 12.97
Jacksonville Ban 0.3 $368k 19k 18.93
Teche Holding Company 0.2 $351k 8.5k 41.29
Emclaire Financial 0.2 $358k 15k 23.32
Oconee Fed Finl Corp (OFED) 0.2 $334k 23k 14.58
Century Ban 0.2 $328k 9.7k 33.94
Citizens & Northern Corporation (CZNC) 0.2 $320k 16k 19.51
Eagle Ban (EBMT) 0.2 $277k 26k 10.83
BCSB Ban 0.2 $269k 16k 16.71
Beneficial Mutual Ban 0.2 $257k 25k 10.31
PT GA Cimatron Ltd ord 0.2 $245k 40k 6.20
Jacksonville Ban 0.2 $222k 12k 18.97
Investors Ban 0.1 $209k 11k 18.80
Koss Corporation (KOSS) 0.1 $195k 39k 4.96
People's United Financial 0.1 $176k 15k 12.12
Superior Uniform (SGC) 0.1 $176k 16k 11.38
Moly 0.1 $162k 31k 5.19
Susquehanna Bancshares 0.1 $147k 12k 12.45
Lake Shore Ban (LSBK) 0.1 $123k 11k 10.88
AmeriServ Financial (ASRV) 0.1 $119k 38k 3.13
Breeze-Eastern Corporation 0.1 $107k 13k 8.23
CMS Ban 0.1 $102k 12k 8.52
Mer Telemanagement 0.1 $96k 37k 2.62
Prudential Bancorp, Inc. of PA 0.1 $100k 11k 9.04
Alliance Fiber Optic Products 0.1 $86k 6.6k 13.03
CFS Ban 0.1 $69k 8.7k 7.93
CFS Ban 0.1 $77k 9.7k 7.94
Universal Stainless & Alloy Products (USAP) 0.1 $65k 1.8k 36.11
CMS Ban 0.1 $66k 7.8k 8.46
Aehr Test Systems (AEHR) 0.1 $65k 59k 1.10
Mer Telemanagement 0.1 $72k 27k 2.65
Prudential Bancorp, Inc. of PA 0.1 $66k 7.4k 8.96
AmeriServ Financial (ASRV) 0.0 $44k 14k 3.10
PSB Holdings 0.0 $41k 6.8k 5.99
Tiger Media 0.0 $35k 30k 1.18
Giga-tronics, Incorporated 0.0 $22k 13k 1.68
PSB Holdings 0.0 $27k 4.6k 5.93
Yadkin Valley Financial 0.0 $20k 5.1k 3.95
Tiger Media Inc w exp 0.0 $5.0k 25k 0.20