Minerva Advisors

Minerva Advisors as of Sept. 30, 2016

Portfolio Holdings for Minerva Advisors

Minerva Advisors holds 71 positions in its portfolio as reported in the September 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Chase Corporation 13.2 $21M 305k 69.12
KapStone Paper and Packaging 6.6 $11M 559k 18.92
E.W. Scripps Company (SSP) 6.1 $9.8M 617k 15.90
U.S. Lime & Minerals (USLM) 6.0 $9.6M 148k 65.12
Eastern Company (EML) 4.6 $7.3M 368k 19.96
A. H. Belo Corporation 4.2 $6.7M 911k 7.35
InfuSystem Holdings (INFU) 3.6 $5.8M 2.1M 2.78
Camden National Corporation (CAC) 3.5 $5.5M 116k 47.60
Escalade (ESCA) 3.4 $5.4M 425k 12.65
Computer Task 3.1 $4.9M 1.0M 4.70
Virco Mfg. Corporation (VIRC) 2.7 $4.3M 1.0M 4.12
Transcat (TRNS) 2.6 $4.2M 414k 10.05
Universal Stainless & Alloy Products (USAP) 2.5 $4.1M 388k 10.50
Great Lakes Dredge & Dock Corporation (GLDD) 2.4 $3.9M 1.1M 3.50
Deluxe Corporation (DLX) 1.8 $2.9M 43k 66.81
Saga Communications (SGA) 1.8 $2.9M 63k 45.32
Dawson Geophysical (DWSN) 1.8 $2.8M 371k 7.61
Navigator Holdings Ltd Com Stk (NVGS) 1.7 $2.7M 382k 7.19
Dorman Products (DORM) 1.7 $2.7M 43k 63.89
CECO Environmental (CECO) 1.5 $2.4M 211k 11.26
Onvia 1.4 $2.2M 454k 4.86
Kura Oncology (KURA) 1.3 $2.0M 322k 6.25
Malvern Ban 1.2 $2.0M 120k 16.40
Pathfinder Ban (PBHC) 1.2 $1.9M 159k 12.16
Charter Fin. 1.1 $1.8M 140k 12.87
IBERIABANK Corporation 1.1 $1.7M 26k 67.10
Century Ban 1.0 $1.6M 36k 45.29
Astronics Corporation (ATRO) 0.9 $1.5M 34k 45.01
ProAssurance Corporation (PRA) 0.9 $1.5M 28k 52.48
Rand Logistics 0.9 $1.4M 1.8M 0.75
Asml Holding (ASML) 0.8 $1.4M 12k 109.59
L.B. Foster Company (FSTR) 0.8 $1.3M 106k 12.02
F.N.B. Corporation (FNB) 0.7 $1.2M 97k 12.29
Northwest Bancshares (NWBI) 0.7 $1.2M 74k 15.71
Investors Ban 0.7 $1.1M 93k 12.02
Saexploration Holdings 0.6 $976k 119k 8.24
Citizens & Northern Corporation (CZNC) 0.6 $942k 43k 21.95
State Auto Financial 0.6 $894k 38k 23.81
Jacksonville Ban 0.6 $889k 31k 28.54
MutualFirst Financial 0.5 $846k 31k 27.36
Community Bank System (CBU) 0.5 $807k 17k 48.12
Synalloy Corporation (ACNT) 0.5 $793k 85k 9.36
Ecology and Environment 0.5 $773k 78k 9.87
BB&T Corporation 0.4 $697k 19k 37.69
Providence & Worcester Railroad Company 0.4 $669k 27k 24.78
Horizon Ban (HBNC) 0.4 $583k 20k 29.32
Oconee Fed Finl Corp (OFED) 0.3 $516k 23k 22.53
Village Bk & Tr Financial (VBFC) 0.3 $491k 21k 23.34
Chemical Financial Corporation 0.3 $457k 10k 43.83
Donegal (DGICA) 0.3 $454k 28k 16.12
Beneficial Ban 0.3 $449k 30k 14.86
Norwood Financial Corporation (NWFL) 0.3 $429k 15k 29.13
CSS Industries 0.3 $420k 16k 25.69
AmeriServ Financial (ASRV) 0.3 $417k 128k 3.26
Lake Shore Ban 0.2 $395k 30k 13.30
SIFCO Industries (SIF) 0.2 $385k 39k 9.92
Eagle Ban (EBMT) 0.2 $363k 26k 14.17
Emclaire Financial 0.2 $369k 15k 24.02
Donegal (DGICB) 0.2 $351k 22k 16.33
First Merchants Corporation (FRME) 0.2 $319k 12k 26.70
Mer Telemanagement 0.2 $274k 223k 1.23
Pb Ban 0.2 $265k 31k 8.60
Koss Corporation (KOSS) 0.2 $255k 123k 2.07
Pronai Therapeutics 0.1 $207k 114k 1.81
Aehr Test Systems (AEHR) 0.1 $188k 59k 3.20
CompX International (CIX) 0.1 $138k 12k 11.59
Fsb Ban 0.1 $137k 11k 12.50
ImmuCell Corporation (ICCC) 0.1 $111k 15k 7.64
Command Security Corporation 0.0 $59k 22k 2.68
Mam Software Group 0.0 $62k 10k 6.00
Community Bank Sys 0.0 $1.0k 27.00 37.04