Minerva Advisors

Minerva Advisors as of March 31, 2015

Portfolio Holdings for Minerva Advisors

Minerva Advisors holds 71 positions in its portfolio as reported in the March 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
KapStone Paper and Packaging 10.7 $18M 559k 32.84
Chase Corporation 10.4 $18M 409k 43.73
Scripps E W Co Ohio Cl A New (SSP) 8.8 $15M 629k 24.15
Eastern Company (EML) 4.4 $7.5M 372k 20.21
U.S. Lime & Minerals (USLM) 4.0 $6.9M 108k 64.02
Ah Belo Corp Com Cl A 3.7 $6.4M 772k 8.23
Escalade (ESCA) 3.7 $6.3M 366k 17.28
Global Power Equip Gp I Com Par $0.01 3.6 $6.1M 463k 13.20
InfuSystem Holdings (INFU) 3.3 $5.7M 2.1M 2.71
Navigator Holdings SHS (NVGS) 3.0 $5.2M 272k 19.10
L.B. Foster Company (FSTR) 2.9 $5.0M 106k 47.48
Camden National Corporation (CAC) 2.7 $4.6M 116k 39.39
Computer Task 2.6 $4.4M 600k 7.31
Transcat (TRNS) 2.3 $3.9M 414k 9.46
PMFG 2.1 $3.7M 807k 4.54
Rand Logistics 1.9 $3.2M 997k 3.23
Deluxe Corporation (DLX) 1.7 $3.0M 43k 69.28
Great Lakes Dredge & Dock Corporation (GLDD) 1.7 $2.9M 478k 6.00
Atrion Corporation (ATRI) 1.7 $2.8M 8.3k 340.00
Virco Mfg. Corporation (VIRC) 1.5 $2.6M 1.0M 2.53
Astronics Corporation (ATRO) 1.4 $2.5M 34k 73.66
Dorman Products (DORM) 1.3 $2.3M 46k 49.74
Asml Holding N V Ny Reg Shs (ASML) 1.1 $1.8M 18k 101.01
Onvia Com New 1.1 $1.8M 403k 4.50
Journal Media 1.0 $1.7M 196k 8.80
IBERIABANK Corporation 0.9 $1.6M 26k 62.99
Malvern Ban 0.9 $1.6M 120k 13.50
Charter Fin. 0.9 $1.6M 140k 11.49
Pathfinder Ban (PBHC) 0.9 $1.6M 156k 9.98
Century Bancorp Inc Mass Cl A Non Vtg 0.8 $1.4M 36k 39.47
Dawson Geophysical (DWSN) 0.8 $1.4M 324k 4.28
National Penn Bancshares 0.8 $1.4M 126k 10.76
State Auto Financial 0.8 $1.3M 55k 24.31
ProAssurance Corporation (PRA) 0.8 $1.3M 28k 45.88
F.N.B. Corporation (FNB) 0.7 $1.3M 97k 13.14
Investors Ban 0.6 $1.1M 93k 11.70
Ampco-Pittsburgh (AP) 0.6 $1.0M 60k 17.46
Northwest Bancshares (NWBI) 0.5 $872k 74k 11.84
Citizens & Northern Corporation (CZNC) 0.5 $866k 43k 20.18
Saga Communications Cl A New (SGA) 0.5 $801k 18k 44.52
Universal Stainless & Alloy Products (USAP) 0.5 $779k 30k 26.24
MutualFirst Financial 0.4 $697k 31k 22.53
Jacksonville Ban 0.4 $692k 31k 22.22
Wpx Energy 0.4 $632k 58k 10.94
Ecology & Envrnmt Cl A 0.4 $629k 71k 8.88
Community Bank System (CBU) 0.3 $493k 14k 35.37
Providence & Worcester Railroad Company 0.3 $486k 27k 18.00
Oconee Fed Finl Corp (OFED) 0.3 $458k 23k 20.00
Donegal Group Cl A (DGICA) 0.3 $437k 28k 15.51
Norwood Financial Corporation (NWFL) 0.2 $407k 15k 27.62
Lake Shore Ban (LSBK) 0.2 $398k 30k 13.40
Donegal Group CL B (DGICB) 0.2 $391k 22k 18.17
Tredegar Corporation (TG) 0.2 $389k 19k 20.06
Emclaire Financial 0.2 $382k 15k 24.88
AmeriServ Financial (ASRV) 0.2 $353k 119k 2.96
Beneficial Ban 0.2 $342k 30k 11.32
Mer Telemanagement Solutions SHS 0.2 $340k 223k 1.53
SIFCO Industries (SIF) 0.2 $327k 15k 21.80
First Merchants Corporation (FRME) 0.2 $281k 12k 23.52
Eagle Ban (EBMT) 0.2 $280k 26k 10.95
CMS Ban 0.2 $259k 20k 13.08
Koss Corporation (KOSS) 0.1 $241k 107k 2.26
Mam Software Group Com New 0.1 $226k 41k 5.50
People's United Financial 0.1 $221k 15k 15.22
Waterstone Financial (WSBF) 0.1 $205k 16k 12.81
PSB Holdings 0.1 $194k 26k 7.49
Breeze-Eastern Corporation 0.1 $133k 13k 10.23
Aehr Test Systems (AEHR) 0.1 $133k 59k 2.27
Command Security Corporation 0.0 $60k 31k 1.95
Transenterix 0.0 $54k 18k 2.94
Pdi 0.0 $31k 22k 1.39