Minerva Advisors

Minerva Advisors as of Dec. 31, 2017

Portfolio Holdings for Minerva Advisors

Minerva Advisors holds 74 positions in its portfolio as reported in the December 2017 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Chase Corporation 14.2 $27M 223k 120.50
KapStone Paper and Packaging 6.7 $13M 556k 22.69
U.S. Lime & Minerals (USLM) 5.9 $11M 145k 76.97
E.W. Scripps Company (SSP) 5.0 $9.5M 609k 15.63
Eastern Company (EML) 4.9 $9.3M 357k 26.10
Universal Stainless & Alloy Products (USAP) 4.4 $8.3M 389k 21.41
Camden National Corporation (CAC) 3.6 $6.8M 161k 42.13
Great Lakes Dredge & Dock Corporation (GLDD) 3.2 $6.0M 1.1M 5.40
Transcat (TRNS) 3.0 $5.7M 409k 13.95
Astronics Corporation (ATRO) 3.0 $5.7M 137k 41.46
Computer Task 3.0 $5.7M 1.1M 5.10
Virco Mfg. Corporation (VIRC) 2.8 $5.2M 1.0M 5.00
Escalade (ESCA) 2.8 $5.2M 425k 12.30
InfuSystem Holdings (INFU) 2.5 $4.7M 2.1M 2.30
A. H. Belo Corporation 2.3 $4.3M 906k 4.80
Navigator Holdings Ltd Com Stk (NVGS) 2.0 $3.7M 380k 9.85
Pathfinder Ban (PBHC) 1.5 $2.9M 191k 15.27
Saga Communications (SGA) 1.5 $2.9M 72k 40.47
Entercom Communications 1.5 $2.9M 265k 10.80
L.B. Foster Company (FSTR) 1.5 $2.8M 102k 27.10
Patriot Transportation Holding 1.4 $2.7M 156k 17.34
Deluxe Corporation (DLX) 1.4 $2.6M 34k 76.82
Kura Oncology (KURA) 1.4 $2.6M 171k 15.25
Ni Hldgs (NODK) 1.4 $2.6M 155k 16.81
Century Ban 1.3 $2.5M 33k 77.82
Charter Fin. 1.3 $2.4M 140k 17.51
Dawson Geophysical (DWSN) 1.0 $1.9M 379k 4.93
ProAssurance Corporation (PRA) 0.8 $1.6M 28k 57.16
Dorman Products (DORM) 0.8 $1.5M 25k 61.14
F.N.B. Corporation (FNB) 0.7 $1.3M 97k 13.83
Investors Ban 0.7 $1.3M 93k 13.88
Northwest Bancshares (NWBI) 0.7 $1.2M 74k 16.71
MutualFirst Financial 0.6 $1.2M 31k 38.56
Malvern Ban 0.6 $1.2M 45k 26.19
Synalloy Corporation (ACNT) 0.6 $1.1M 85k 13.31
CSS Industries 0.6 $1.1M 38k 27.82
Citizens & Northern Corporation (CZNC) 0.5 $1.0M 43k 24.02
Jacksonville Ban 0.5 $995k 31k 31.96
State Auto Financial 0.5 $989k 34k 29.19
Community Bank System (CBU) 0.5 $901k 17k 53.72
Ecology and Environment 0.5 $856k 82k 10.39
Horizon Ban (HBNC) 0.4 $831k 30k 27.86
BB&T Corporation 0.4 $803k 16k 49.68
CECO Environmental (CECO) 0.4 $773k 151k 5.12
Koss Corporation (KOSS) 0.4 $755k 260k 2.90
SIFCO Industries (SIF) 0.3 $653k 98k 6.65
Village Bk & Tr Financial (VBFC) 0.3 $645k 21k 30.66
Oconee Fed Finl Corp (OFED) 0.3 $630k 23k 27.51
Chemical Financial Corporation 0.3 $560k 10k 53.70
AmeriServ Financial (ASRV) 0.3 $525k 128k 4.10
Eagle Ban (EBMT) 0.3 $527k 26k 20.60
First Merchants Corporation (FRME) 0.3 $503k 12k 42.09
Norwood Financial Corporation (NWFL) 0.3 $521k 16k 32.95
Donegal (DGICA) 0.3 $487k 28k 17.28
LGL (LGL) 0.3 $501k 51k 9.90
Lake Shore Ban (LSBK) 0.3 $499k 30k 16.81
Beneficial Ban 0.3 $492k 30k 16.28
Emclaire Financial 0.2 $466k 15k 30.33
Icc Holdings (ICCH) 0.2 $481k 30k 16.04
Hv Ban 0.2 $394k 26k 15.22
Asml Holding (ASML) 0.2 $315k 1.8k 174.33
Pb Ban 0.2 $324k 31k 10.51
Saexploration Holdings 0.2 $323k 148k 2.19
Donegal (DGICB) 0.2 $302k 22k 14.06
Continental Bldg Prods 0.1 $239k 13k 19.07
Fsb Ban 0.1 $191k 11k 17.50
CompX International (CIX) 0.1 $170k 13k 13.41
Information Services (III) 0.1 $114k 27k 4.16
ImmuCell Corporation (ICCC) 0.1 $119k 15k 8.18
Mer Telemanagement Solutions 0.1 $110k 51k 2.15
Aehr Test Systems (AEHR) 0.0 $68k 25k 2.67
Mam Software Group 0.0 $78k 10k 7.55
Command Security Corporation 0.0 $63k 20k 3.17
Community Bank Sys 0.0 $1.0k 27.00 37.04