Minerva Advisors as of Sept. 30, 2018
Portfolio Holdings for Minerva Advisors
Minerva Advisors holds 79 positions in its portfolio as reported in the September 2018 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Chase Corporation | 10.4 | $20M | 169k | 120.14 | |
| KapStone Paper and Packaging | 7.3 | $14M | 420k | 33.90 | |
| U.S. Lime & Minerals (USLM) | 5.8 | $11M | 145k | 78.01 | |
| E.W. Scripps Company (SSP) | 5.3 | $10M | 629k | 16.50 | |
| Eastern Company (EML) | 5.2 | $10M | 357k | 28.20 | |
| Universal Stainless & Alloy Products (USAP) | 5.0 | $9.7M | 382k | 25.50 | |
| Transcat (TRNS) | 4.6 | $8.9M | 396k | 22.60 | |
| Camden National Corporation (CAC) | 3.6 | $7.0M | 161k | 43.32 | |
| InfuSystem Holdings (INFU) | 3.5 | $6.9M | 2.1M | 3.25 | |
| Great Lakes Dredge & Dock Corporation | 3.5 | $6.8M | 1.1M | 6.15 | |
| Computer Task | 3.1 | $6.0M | 1.2M | 5.22 | |
| Escalade (ESCA) | 2.8 | $5.4M | 425k | 12.75 | |
| Virco Mfg. Corporation (VIRC) | 2.6 | $5.1M | 1.1M | 4.85 | |
| Navigator Holdings Ltd Com Stk (NVGS) | 2.4 | $4.6M | 383k | 12.10 | |
| Entercom Communications | 2.3 | $4.5M | 564k | 7.90 | |
| A. H. Belo Corporation | 2.2 | $4.3M | 941k | 4.60 | |
| Pathfinder Ban (PBHC) | 1.6 | $3.2M | 214k | 15.05 | |
| Patriot Transportation Holding | 1.6 | $3.1M | 159k | 19.25 | |
| CenterState Banks | 1.5 | $2.9M | 103k | 28.05 | |
| Saga Communications (SGA) | 1.4 | $2.8M | 78k | 36.13 | |
| Ni Hldgs (NODK) | 1.3 | $2.6M | 155k | 16.81 | |
| Dawson Geophysical (DWSN) | 1.2 | $2.5M | 398k | 6.17 | |
| Century Ban | 1.2 | $2.3M | 33k | 71.94 | |
| L.B. Foster Company (FSTR) | 1.1 | $2.1M | 102k | 20.50 | |
| Deluxe Corporation (DLX) | 1.0 | $2.0M | 34k | 56.94 | |
| Dorman Products (DORM) | 1.0 | $1.9M | 25k | 76.84 | |
| Synalloy Corporation (ACNT) | 1.0 | $1.9M | 82k | 22.78 | |
| Kura Oncology (KURA) | 0.8 | $1.6M | 89k | 17.50 | |
| Astronics Corporation (ATRO) | 0.8 | $1.5M | 35k | 43.49 | |
| Mid Penn Ban (MPB) | 0.7 | $1.4M | 50k | 29.03 | |
| ProAssurance Corporation (PRA) | 0.7 | $1.3M | 28k | 46.95 | |
| Northwest Bancshares (NWBI) | 0.7 | $1.3M | 74k | 17.31 | |
| F.N.B. Corporation (FNB) | 0.6 | $1.2M | 97k | 12.74 | |
| CECO Environmental (CECO) | 0.6 | $1.2M | 151k | 7.86 | |
| MutualFirst Financial | 0.6 | $1.1M | 31k | 36.74 | |
| Investors Ban | 0.6 | $1.1M | 93k | 12.26 | |
| Citizens & Northern Corporation (CZNC) | 0.6 | $1.1M | 43k | 26.04 | |
| Saexploration Holdings | 0.6 | $1.1M | 122k | 9.18 | |
| Ecology and Environment | 0.6 | $1.1M | 82k | 13.31 | |
| Malvern Ban | 0.6 | $1.1M | 45k | 23.96 | |
| Community Bank System (CBU) | 0.5 | $1.0M | 17k | 61.05 | |
| SIFCO Industries (SIF) | 0.5 | $923k | 183k | 5.05 | |
| Horizon Ban (HBNC) | 0.5 | $880k | 45k | 19.68 | |
| BB&T Corporation | 0.4 | $783k | 16k | 48.42 | |
| State Auto Financial | 0.4 | $707k | 23k | 30.49 | |
| Village Bk & Tr Financial (VBFC) | 0.4 | $702k | 21k | 33.35 | |
| Koss Corporation (KOSS) | 0.3 | $637k | 230k | 2.77 | |
| Norwood Financial Corporation (NWFL) | 0.3 | $613k | 16k | 38.78 | |
| Oconee Fed Finl Corp (OFED) | 0.3 | $608k | 23k | 26.55 | |
| LGL (LGL) | 0.3 | $574k | 81k | 7.10 | |
| Chemical Financial Corporation | 0.3 | $554k | 10k | 53.09 | |
| AmeriServ Financial (ASRV) | 0.3 | $549k | 128k | 4.29 | |
| CSS Industries | 0.3 | $531k | 37k | 14.22 | |
| First Merchants Corporation (FRME) | 0.3 | $537k | 12k | 44.92 | |
| Emclaire Financial | 0.3 | $534k | 15k | 34.78 | |
| Mackinac Financial Corporation | 0.3 | $505k | 30k | 16.62 | |
| Beneficial Ban | 0.3 | $514k | 30k | 16.99 | |
| Lake Shore Ban | 0.2 | $496k | 30k | 16.70 | |
| Eagle Ban (EBMT) | 0.2 | $463k | 26k | 18.10 | |
| Icc Holdings | 0.2 | $450k | 30k | 15.01 | |
| Continental Materials Corporation | 0.2 | $418k | 26k | 16.14 | |
| Donegal (DGICA) | 0.2 | $400k | 28k | 14.19 | |
| Hv Ban | 0.2 | $397k | 26k | 15.33 | |
| Pb Ban | 0.2 | $362k | 31k | 11.74 | |
| Asml Holding (ASML) | 0.2 | $341k | 1.8k | 188.59 | |
| Donegal (DGICB) | 0.1 | $291k | 22k | 13.54 | |
| Nuverra Environmental | 0.1 | $282k | 25k | 11.08 | |
| Mid Southern Bancorp (MSVB) | 0.1 | $273k | 22k | 12.56 | |
| CompX International (CIX) | 0.1 | $199k | 15k | 13.64 | |
| Fsb Ban | 0.1 | $194k | 11k | 17.61 | |
| Mam Software Group | 0.1 | $167k | 10k | 16.17 | |
| Information Services (III) | 0.1 | $130k | 27k | 4.77 | |
| ImmuCell Corporation (ICCC) | 0.1 | $122k | 15k | 8.36 | |
| Rand Capital Corporation | 0.1 | $108k | 45k | 2.42 | |
| Volt Information Sciences | 0.0 | $78k | 20k | 3.86 | |
| Aehr Test Systems (AEHR) | 0.0 | $56k | 25k | 2.21 | |
| Village Bank & Trust Fin | 0.0 | $32k | 966.00 | 33.13 | |
| Five Star Quality Care | 0.0 | $17k | 20k | 0.85 | |
| Community Bank Sys | 0.0 | $2.0k | 27.00 | 74.07 |
