Minerva Advisors as of Sept. 30, 2017
Portfolio Holdings for Minerva Advisors
Minerva Advisors holds 74 positions in its portfolio as reported in the September 2017 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Chase Corporation | 14.6 | $28M | 248k | 111.40 | |
| U.S. Lime & Minerals (USLM) | 6.5 | $12M | 147k | 83.91 | |
| KapStone Paper and Packaging | 6.3 | $12M | 556k | 21.49 | |
| E.W. Scripps Company (SSP) | 6.2 | $12M | 609k | 19.11 | |
| Eastern Company (EML) | 5.4 | $10M | 357k | 28.70 | |
| Universal Stainless & Alloy Products (USAP) | 4.3 | $8.1M | 389k | 20.85 | |
| Camden National Corporation (CAC) | 3.7 | $7.0M | 161k | 43.64 | |
| Virco Mfg. Corporation (VIRC) | 3.1 | $5.9M | 1.0M | 5.65 | |
| Escalade (ESCA) | 3.0 | $5.8M | 425k | 13.60 | |
| Computer Task | 3.0 | $5.7M | 1.1M | 5.36 | |
| Transcat (TRNS) | 3.0 | $5.6M | 409k | 13.65 | |
| Great Lakes Dredge & Dock Corporation (GLDD) | 2.9 | $5.4M | 1.1M | 4.85 | |
| InfuSystem Holdings (INFU) | 2.2 | $4.2M | 2.1M | 2.05 | |
| Navigator Holdings Ltd Com Stk (NVGS) | 2.2 | $4.2M | 380k | 11.10 | |
| A. H. Belo Corporation | 2.2 | $4.1M | 898k | 4.60 | |
| Kura Oncology (KURA) | 1.8 | $3.4M | 228k | 14.91 | |
| Saga Communications (SGA) | 1.7 | $3.3M | 72k | 45.62 | |
| Ni Hldgs (NODK) | 1.5 | $2.8M | 155k | 17.91 | |
| Century Ban | 1.4 | $2.7M | 34k | 79.79 | |
| Charter Fin. | 1.4 | $2.6M | 140k | 18.53 | |
| Pathfinder Ban (PBHC) | 1.4 | $2.6M | 172k | 15.11 | |
| Deluxe Corporation (DLX) | 1.3 | $2.5M | 34k | 72.94 | |
| L.B. Foster Company (FSTR) | 1.2 | $2.3M | 102k | 22.70 | |
| Onvia | 1.1 | $2.0M | 456k | 4.45 | |
| Malvern Ban | 1.0 | $1.9M | 73k | 26.75 | |
| Dorman Products (DORM) | 0.9 | $1.8M | 25k | 71.64 | |
| Entercom Communications | 0.9 | $1.7M | 153k | 11.44 | |
| Dawson Geophysical (DWSN) | 0.9 | $1.7M | 379k | 4.53 | |
| CECO Environmental (CECO) | 0.9 | $1.7M | 198k | 8.46 | |
| ProAssurance Corporation (PRA) | 0.8 | $1.6M | 28k | 54.67 | |
| F.N.B. Corporation (FNB) | 0.7 | $1.4M | 97k | 14.02 | |
| Northwest Bancshares (NWBI) | 0.7 | $1.3M | 74k | 17.27 | |
| Investors Ban | 0.7 | $1.3M | 93k | 13.64 | |
| MutualFirst Financial | 0.6 | $1.2M | 31k | 38.44 | |
| CSS Industries | 0.6 | $1.1M | 38k | 28.82 | |
| Synalloy Corporation (ACNT) | 0.6 | $1.1M | 85k | 12.49 | |
| Citizens & Northern Corporation (CZNC) | 0.6 | $1.1M | 43k | 24.57 | |
| Astronics Corporation (ATRO) | 0.5 | $997k | 34k | 29.76 | |
| Jacksonville Ban | 0.5 | $950k | 31k | 30.50 | |
| Community Bank System (CBU) | 0.5 | $927k | 17k | 55.27 | |
| Ecology and Environment | 0.5 | $921k | 78k | 11.76 | |
| State Auto Financial | 0.5 | $889k | 34k | 26.25 | |
| Horizon Ban (HBNC) | 0.5 | $869k | 30k | 29.14 | |
| BB&T Corporation | 0.4 | $758k | 16k | 46.89 | |
| Village Bk & Tr Financial (VBFC) | 0.4 | $714k | 21k | 33.94 | |
| Oconee Fed Finl Corp (OFED) | 0.3 | $630k | 23k | 27.51 | |
| Chemical Financial Corporation | 0.3 | $547k | 10k | 52.47 | |
| Rand Logistics | 0.3 | $556k | 1.8M | 0.31 | |
| Icc Holdings | 0.3 | $533k | 30k | 17.78 | |
| First Merchants Corporation (FRME) | 0.3 | $514k | 12k | 42.97 | |
| AmeriServ Financial (ASRV) | 0.3 | $512k | 128k | 4.00 | |
| Beneficial Ban | 0.3 | $503k | 30k | 16.63 | |
| Lake Shore Ban | 0.2 | $480k | 30k | 16.17 | |
| Eagle Ban (EBMT) | 0.2 | $469k | 26k | 18.33 | |
| Norwood Financial Corporation (NWFL) | 0.2 | $482k | 16k | 30.47 | |
| Saexploration Holdings | 0.2 | $468k | 184k | 2.55 | |
| Donegal (DGICA) | 0.2 | $454k | 28k | 16.12 | |
| Emclaire Financial | 0.2 | $440k | 15k | 28.62 | |
| Hv Ban | 0.2 | $387k | 26k | 14.95 | |
| Koss Corporation (KOSS) | 0.2 | $362k | 241k | 1.50 | |
| Pb Ban | 0.2 | $324k | 31k | 10.51 | |
| Donegal (DGICB) | 0.2 | $299k | 22k | 13.89 | |
| Asml Holding (ASML) | 0.2 | $309k | 1.8k | 171.16 | |
| CompX International (CIX) | 0.1 | $194k | 13k | 15.23 | |
| SIFCO Industries (SIF) | 0.1 | $178k | 31k | 5.67 | |
| Fsb Ban | 0.1 | $173k | 11k | 15.83 | |
| Mer Telemanagement Solutions | 0.1 | $136k | 63k | 2.15 | |
| Information Services (III) | 0.1 | $109k | 27k | 4.00 | |
| ImmuCell Corporation (ICCC) | 0.1 | $93k | 15k | 6.36 | |
| Aehr Test Systems (AEHR) | 0.1 | $103k | 25k | 4.07 | |
| Mam Software Group | 0.0 | $75k | 10k | 7.26 | |
| Command Security Corporation | 0.0 | $63k | 20k | 3.17 | |
| Sierra Oncology | 0.0 | $49k | 32k | 1.54 | |
| Community Bank Sys | 0.0 | $1.0k | 27.00 | 37.04 |