Minerva Advisors as of Sept. 30, 2025
Portfolio Holdings for Minerva Advisors
Minerva Advisors holds 56 positions in its portfolio as reported in the September 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Great Lakes Dredge & Dock Corporation (GLDD) | 10.6 | $17M | 1.4M | 11.99 | |
| Tredegar Corporation (TG) | 8.5 | $13M | 1.7M | 8.03 | |
| Eastern Company (EML) | 7.9 | $12M | 530k | 23.46 | |
| InfuSystem Holdings (INFU) | 6.7 | $11M | 1.0M | 10.36 | |
| Virco Mfg. Corporation (VIRC) | 6.7 | $11M | 1.4M | 7.75 | |
| Astronics Corporation (ATRO) | 5.6 | $8.9M | 195k | 45.61 | |
| Escalade (ESCA) | 4.4 | $6.9M | 550k | 12.57 | |
| Dlh Hldgs (DLHC) | 4.0 | $6.3M | 1.1M | 5.65 | |
| Utah Medical Products (UTMD) | 3.7 | $5.9M | 93k | 62.97 | |
| Unifi Com New (UFI) | 3.5 | $5.5M | 1.2M | 4.76 | |
| Navigator Hldgs SHS (NVGS) | 3.0 | $4.7M | 301k | 15.49 | |
| Pathfinder Ban (PBHC) | 2.6 | $4.1M | 262k | 15.68 | |
| Camden National Corporation (CAC) | 2.2 | $3.5M | 90k | 38.59 | |
| Kewaunee Scientific Corporation (KEQU) | 2.2 | $3.4M | 80k | 42.65 | |
| Scripps E W Co Ohio Cl A New (SSP) | 2.2 | $3.4M | 1.4M | 2.46 | |
| SIFCO Industries (SIF) | 2.1 | $3.3M | 467k | 7.04 | |
| Saga Communications Cl A New (SGA) | 1.8 | $2.8M | 227k | 12.44 | |
| Crawford & Co CL B (CRD.B) | 1.8 | $2.8M | 288k | 9.78 | |
| FreightCar America (RAIL) | 1.6 | $2.5M | 259k | 9.78 | |
| Thryv Hldgs Com New (THRY) | 1.5 | $2.4M | 202k | 12.06 | |
| L.B. Foster Company (FSTR) | 1.4 | $2.3M | 84k | 26.95 | |
| Contango Ore (CTGO) | 1.2 | $1.9M | 76k | 24.93 | |
| Ni Hldgs (NODK) | 1.1 | $1.8M | 130k | 13.56 | |
| Mid Penn Ban (MPB) | 1.0 | $1.6M | 54k | 28.64 | |
| Unisys Corp Com New (UIS) | 0.9 | $1.3M | 345k | 3.90 | |
| Dorman Products (DORM) | 0.9 | $1.3M | 8.6k | 155.88 | |
| Harborone Bancorp Com New (HONE) | 0.8 | $1.2M | 88k | 13.60 | |
| Citizens Financial (CFG) | 0.7 | $1.1M | 22k | 53.16 | |
| F.N.B. Corporation (FNB) | 0.7 | $1.0M | 64k | 16.11 | |
| Donegal Group Cl A (DGICA) | 0.6 | $901k | 47k | 19.39 | |
| Citizens & Northern Corporation (CZNC) | 0.5 | $850k | 43k | 19.81 | |
| U.S. Lime & Minerals (USLM) | 0.5 | $822k | 6.3k | 131.55 | |
| Central Plains Bancshares (CPBI) | 0.5 | $801k | 49k | 16.30 | |
| Ecb Bancorp (ECBK) | 0.5 | $793k | 50k | 15.87 | |
| First Bank (FRBA) | 0.4 | $670k | 41k | 16.29 | |
| Marathon Bancorp Com New (MBBC) | 0.4 | $615k | 59k | 10.43 | |
| Lake Shore Bancorp (LSBK) | 0.4 | $575k | 44k | 13.00 | |
| Horizon Ban (HBNC) | 0.4 | $561k | 35k | 16.01 | |
| Southstate Bk Corp (SSB) | 0.4 | $560k | 5.7k | 98.86 | |
| Kelly Svcs Cl A (KELYA) | 0.3 | $525k | 40k | 13.12 | |
| First Savings Financial (FSFG) | 0.3 | $510k | 16k | 31.43 | |
| Columbia Finl (CLBK) | 0.3 | $507k | 34k | 15.01 | |
| Citizens Financial Services (CZFS) | 0.3 | $475k | 7.9k | 60.28 | |
| Northwest Bancshares (NWBI) | 0.3 | $471k | 38k | 12.39 | |
| First Commonwealth Financial (FCF) | 0.3 | $436k | 26k | 17.05 | |
| Richmond Mut Bancorporatin I (RMBI) | 0.3 | $426k | 30k | 14.21 | |
| ProAssurance Corporation (PRA) | 0.3 | $413k | 17k | 23.99 | |
| Pb Bankshares (PBBK) | 0.3 | $394k | 21k | 19.18 | |
| Synalloy Corporation (ACNT) | 0.2 | $392k | 30k | 12.88 | |
| Community Bank System (CBU) | 0.2 | $388k | 6.6k | 58.64 | |
| First Merchants Corporation (FRME) | 0.2 | $372k | 9.9k | 37.70 | |
| Eagle Ban (EBMT) | 0.2 | $364k | 21k | 17.27 | |
| Norwood Financial Corporation (NWFL) | 0.2 | $348k | 14k | 25.42 | |
| Donegal Group CL B (DGICB) | 0.2 | $286k | 18k | 16.01 | |
| Deluxe Corporation (DLX) | 0.2 | $269k | 14k | 19.36 | |
| AmeriServ Financial (ASRV) | 0.1 | $169k | 58k | 2.90 |
