Minerva Advisors

Minerva Advisors as of Dec. 31, 2014

Portfolio Holdings for Minerva Advisors

Minerva Advisors holds 77 positions in its portfolio as reported in the December 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
KapStone Paper and Packaging 10.2 $18M 617k 29.31
Chase Corporation 8.5 $15M 418k 35.99
A. H. Belo Corporation 4.5 $8.0M 772k 10.38
Apco Oil And Gas Internat 4.5 $7.9M 564k 14.03
U.S. Lime & Minerals (USLM) 4.4 $7.8M 108k 72.51
E.W. Scripps Company (SSP) 4.3 $7.6M 341k 22.35
Journal Communications 3.8 $6.7M 587k 11.43
Global Power Equipment Grp I 3.6 $6.4M 463k 13.81
Eastern Company (EML) 3.6 $6.3M 372k 17.05
InfuSystem Holdings (INFU) 3.6 $6.3M 2.0M 3.15
Navigator Holdings Ltd Com Stk (NVGS) 3.2 $5.7M 272k 21.06
Escalade (ESCA) 3.1 $5.5M 366k 15.08
L.B. Foster Company (FSTR) 2.9 $5.1M 106k 48.50
Camden National Corporation (CAC) 2.6 $4.6M 116k 39.62
PMFG 2.4 $4.2M 805k 5.21
Transcat (TRNS) 2.3 $4.2M 414k 10.04
Great Lakes Dredge & Dock Corporation (GLDD) 2.3 $4.1M 475k 8.56
Rand Logistics 1.6 $2.9M 728k 3.94
Atrion Corporation (ATRI) 1.6 $2.8M 8.3k 340.00
Deluxe Corporation (DLX) 1.5 $2.7M 43k 62.26
Virco Mfg. Corporation (VIRC) 1.4 $2.5M 1.0M 2.44
Dorman Products (DORM) 1.3 $2.2M 46k 48.25
Computer Task 1.2 $2.1M 220k 9.53
Onvia 1.1 $2.0M 403k 5.01
Asml Holding (ASML) 1.1 $1.9M 18k 107.87
Astronics Corporation (ATRO) 1.0 $1.9M 34k 55.30
Dawson Geophysical Company 1.0 $1.7M 142k 12.23
IBERIABANK Corporation 0.9 $1.7M 26k 64.86
PT GA Cimatron Ltd ord 0.9 $1.7M 190k 8.82
Charter Fin. 0.9 $1.6M 140k 11.45
Pathfinder Ban (PBHC) 0.9 $1.5M 155k 9.81
Malvern Ban 0.8 $1.5M 120k 12.09
Century Ban 0.8 $1.4M 36k 39.89
F.N.B. Corporation (FNB) 0.7 $1.3M 97k 13.33
National Penn Bancshares 0.7 $1.3M 122k 10.51
ProAssurance Corporation (PRA) 0.7 $1.3M 28k 45.16
State Auto Financial 0.7 $1.2M 55k 22.09
Ampco-Pittsburgh (AP) 0.7 $1.2M 60k 19.24
Investors Ban 0.6 $1.0M 93k 11.21
Northwest Bancshares (NWBI) 0.5 $923k 74k 12.53
Citizens & Northern Corporation (CZNC) 0.5 $882k 43k 20.55
Universal Stainless & Alloy Products (USAP) 0.4 $746k 30k 25.13
Saga Communications (SGA) 0.4 $732k 17k 43.46
Jacksonville Ban 0.4 $692k 31k 22.22
MutualFirst Financial 0.4 $666k 31k 21.54
Wpx Energy 0.4 $672k 58k 11.63
Ecology and Environment 0.4 $645k 71k 9.10
Community Bank System (CBU) 0.3 $531k 14k 38.10
Superior Uniform (SGC) 0.3 $517k 18k 29.03
Providence & Worcester Railroad Company 0.3 $486k 27k 18.00
Donegal (DGICB) 0.3 $462k 22k 21.48
Donegal (DGICA) 0.2 $451k 28k 16.00
SIFCO Industries (SIF) 0.2 $438k 15k 29.20
Oconee Fed Finl Corp (OFED) 0.2 $446k 23k 19.47
Tredegar Corporation (TG) 0.2 $429k 19k 22.15
Norwood Financial Corporation (NWFL) 0.2 $427k 15k 28.96
Lake Shore Ban 0.2 $398k 30k 13.40
Emclaire Financial 0.2 $384k 15k 25.03
Beneficial Mutual Ban 0.2 $342k 28k 12.45
Eagle Ban (EBMT) 0.2 $280k 26k 10.95
First Merchants Corporation (FRME) 0.1 $273k 12k 22.81
CMS Ban 0.1 $254k 20k 12.82
People's United Financial 0.1 $220k 15k 15.15
Mam Software Group 0.1 $220k 41k 5.35
Waterstone Financial (WSBF) 0.1 $210k 16k 13.12
Mer Telemanagement 0.1 $194k 198k 0.98
PSB Holdings 0.1 $196k 26k 7.58
Koss Corporation (KOSS) 0.1 $184k 106k 1.73
Hallador Energy (HNRG) 0.1 $185k 17k 11.08
AmeriServ Financial (ASRV) 0.1 $161k 52k 3.08
Aehr Test Systems (AEHR) 0.1 $146k 59k 2.49
Breeze-Eastern Corporation 0.1 $130k 13k 10.00
Command Security Corporation 0.0 $74k 39k 1.92
Transenterix 0.0 $64k 18k 3.49
Pdi 0.0 $40k 22k 1.82
TGC Industries 0.0 $42k 20k 2.06
Moly 0.0 $14k 16k 0.90