Minerva Advisors as of Dec. 31, 2025
Portfolio Holdings for Minerva Advisors
Minerva Advisors holds 57 positions in its portfolio as reported in the December 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Great Lakes Dredge & Dock Corporation (GLDD) | 12.2 | $18M | 1.4M | 13.12 | |
| Tredegar Corporation (TG) | 7.9 | $12M | 1.7M | 7.18 | |
| Eastern Company (EML) | 7.0 | $10M | 529k | 19.69 | |
| InfuSystem Holdings (INFU) | 6.5 | $9.7M | 1.1M | 8.97 | |
| Virco Mfg. Corporation (VIRC) | 6.2 | $9.3M | 1.4M | 6.39 | |
| Escalade (ESCA) | 5.1 | $7.7M | 568k | 13.49 | |
| Dlh Hldgs (DLHC) | 4.2 | $6.3M | 1.1M | 5.65 | |
| Astronics Corporation (ATRO) | 3.7 | $5.5M | 102k | 54.24 | |
| Scripps E W Co Ohio Cl A New (SSP) | 3.7 | $5.5M | 1.4M | 3.99 | |
| Utah Medical Products (UTMD) | 3.5 | $5.2M | 94k | 55.96 | |
| Navigator Hldgs SHS (NVGS) | 3.5 | $5.2M | 301k | 17.32 | |
| Kewaunee Scientific Corporation (KEQU) | 3.0 | $4.6M | 122k | 37.41 | |
| Unifi Com New (UFI) | 2.9 | $4.3M | 1.2M | 3.50 | |
| Camden National Corporation (CAC) | 2.6 | $3.9M | 90k | 43.38 | |
| Pathfinder Ban (PBHC) | 2.5 | $3.7M | 262k | 14.11 | |
| Crawford & Co CL B (CRD.B) | 2.1 | $3.1M | 288k | 10.72 | |
| FreightCar America (RAIL) | 2.0 | $3.0M | 267k | 11.07 | |
| SIFCO Industries (SIF) | 1.8 | $2.7M | 489k | 5.58 | |
| L.B. Foster Company (FSTR) | 1.5 | $2.3M | 84k | 26.95 | |
| Contango Ore (CTGO) | 1.3 | $2.0M | 76k | 26.41 | |
| Ni Hldgs (NODK) | 1.2 | $1.7M | 130k | 13.30 | |
| Mid Penn Ban (MPB) | 1.1 | $1.7M | 54k | 31.02 | |
| Citizens Financial (CFG) | 0.8 | $1.3M | 22k | 58.41 | |
| Eastern Bankshares (EBC) | 0.8 | $1.2M | 63k | 18.43 | |
| F.N.B. Corporation (FNB) | 0.7 | $1.1M | 64k | 17.10 | |
| Dorman Products (DORM) | 0.7 | $1.1M | 8.6k | 123.19 | |
| Unisys Corp Com New (UIS) | 0.6 | $953k | 345k | 2.76 | |
| Donegal Group Cl A (DGICA) | 0.6 | $929k | 47k | 19.98 | |
| Thryv Hldgs Com New (THRY) | 0.6 | $897k | 148k | 6.05 | |
| Ecb Bancorp (ECBK) | 0.6 | $869k | 50k | 17.39 | |
| Citizens & Northern Corporation (CZNC) | 0.6 | $865k | 43k | 20.17 | |
| Central Plains Bancshares (CPBI) | 0.6 | $831k | 49k | 16.92 | |
| U.S. Lime & Minerals (USLM) | 0.5 | $748k | 6.3k | 119.74 | |
| Marathon Bancorp Com New (MBBC) | 0.5 | $717k | 59k | 12.16 | |
| First Bank (FRBA) | 0.5 | $677k | 41k | 16.46 | |
| Fmc Corp Com New (FMC) | 0.4 | $666k | 48k | 13.87 | |
| Lake Shore Bancorp (LSBK) | 0.4 | $649k | 44k | 14.66 | |
| Horizon Ban (HBNC) | 0.4 | $595k | 35k | 16.96 | |
| Southstate Bk Corp (SSB) | 0.4 | $533k | 5.7k | 94.11 | |
| Columbia Finl (CLBK) | 0.4 | $525k | 34k | 15.54 | |
| First Savings Financial | 0.3 | $517k | 16k | 31.86 | |
| Kelly Svcs Cl A (KELYA) | 0.3 | $514k | 58k | 8.80 | |
| Synalloy Corporation (ACNT) | 0.3 | $492k | 30k | 16.19 | |
| Northwest Bancshares (NWBI) | 0.3 | $456k | 38k | 12.00 | |
| Citizens Financial Services (CZFS) | 0.3 | $449k | 7.9k | 57.02 | |
| Pb Bankshares (PBBK) | 0.3 | $435k | 21k | 21.15 | |
| First Commonwealth Financial (FCF) | 0.3 | $431k | 26k | 16.86 | |
| Richmond Mut Bancorporatin I (RMBI) | 0.3 | $424k | 30k | 14.04 | |
| Eagle Ban (EBMT) | 0.3 | $420k | 21k | 19.90 | |
| ProAssurance Corporation (PRA) | 0.3 | $416k | 17k | 24.16 | |
| Norwood Financial Corporation (NWFL) | 0.3 | $384k | 14k | 28.05 | |
| Community Bank System (CBU) | 0.3 | $380k | 6.6k | 57.44 | |
| First Merchants Corporation (FRME) | 0.2 | $370k | 9.9k | 37.48 | |
| Saga Communications Cl A New (SGA) | 0.2 | $365k | 32k | 11.45 | |
| Donegal Group CL B (DGICB) | 0.2 | $316k | 18k | 17.69 | |
| Deluxe Corporation (DLX) | 0.2 | $310k | 14k | 22.33 | |
| AmeriServ Financial (ASRV) | 0.1 | $186k | 58k | 3.19 |
