Minerva Advisors

Minerva Advisors as of Dec. 31, 2016

Portfolio Holdings for Minerva Advisors

Minerva Advisors holds 70 positions in its portfolio as reported in the December 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Chase Corporation 13.9 $25M 294k 83.55
KapStone Paper and Packaging 7.0 $12M 559k 22.05
E.W. Scripps Company (SSP) 6.8 $12M 617k 19.33
U.S. Lime & Minerals (USLM) 6.3 $11M 148k 75.63
Camden National Corporation (CAC) 4.4 $7.8M 175k 44.45
Eastern Company (EML) 4.2 $7.5M 368k 20.30
A. H. Belo Corporation 3.3 $5.8M 911k 6.35
Escalade (ESCA) 3.2 $5.6M 425k 13.15
InfuSystem Holdings (INFU) 3.0 $5.3M 2.1M 2.55
Universal Stainless & Alloy Products (USAP) 2.9 $5.2M 388k 13.36
Great Lakes Dredge & Dock Corporation (GLDD) 2.6 $4.7M 1.1M 4.20
Computer Task 2.5 $4.5M 1.1M 4.20
Virco Mfg. Corporation (VIRC) 2.5 $4.5M 1.0M 4.25
Transcat (TRNS) 2.5 $4.4M 414k 10.70
Navigator Holdings Ltd Com Stk (NVGS) 2.0 $3.5M 382k 9.30
Saga Communications (SGA) 1.8 $3.2M 63k 50.31
Deluxe Corporation (DLX) 1.8 $3.1M 43k 71.62
Dawson Geophysical (DWSN) 1.7 $3.0M 371k 8.04
CECO Environmental (CECO) 1.6 $2.8M 198k 13.95
Malvern Ban 1.4 $2.5M 120k 21.15
Charter Fin. 1.3 $2.3M 140k 16.69
IBERIABANK Corporation 1.2 $2.2M 26k 83.63
Century Ban 1.2 $2.2M 36k 59.70
Pathfinder Ban (PBHC) 1.2 $2.0M 159k 12.83
Onvia 1.1 $2.0M 454k 4.45
Kura Oncology (KURA) 1.1 $1.9M 322k 5.80
Dorman Products (DORM) 1.0 $1.8M 25k 73.01
ProAssurance Corporation (PRA) 0.9 $1.6M 28k 56.23
F.N.B. Corporation (FNB) 0.9 $1.5M 97k 16.03
Rand Logistics 0.8 $1.5M 1.8M 0.83
L.B. Foster Company (FSTR) 0.8 $1.4M 106k 13.55
Northwest Bancshares (NWBI) 0.8 $1.3M 74k 18.04
Investors Ban 0.7 $1.3M 93k 13.96
Astronics Corporation (ATRO) 0.6 $1.1M 34k 33.83
Citizens & Northern Corporation (CZNC) 0.6 $1.1M 43k 26.22
Asml Holding (ASML) 0.6 $1.1M 9.9k 112.19
Community Bank System (CBU) 0.6 $1.0M 17k 61.77
State Auto Financial 0.6 $1.0M 38k 26.80
MutualFirst Financial 0.6 $1.0M 31k 32.94
Jacksonville Ban 0.5 $934k 31k 29.99
Synalloy Corporation (ACNT) 0.5 $914k 85k 10.78
Saexploration Holdings 0.5 $865k 119k 7.30
Horizon Ban (HBNC) 0.5 $835k 30k 27.99
Ecology and Environment 0.5 $807k 78k 10.31
BB&T Corporation 0.4 $760k 16k 47.02
CSS Industries 0.3 $622k 23k 27.15
Chemical Financial Corporation 0.3 $566k 10k 54.32
Village Bk & Tr Financial (VBFC) 0.3 $562k 21k 26.71
Beneficial Ban 0.3 $556k 30k 18.40
Eagle Ban (EBMT) 0.3 $530k 26k 20.71
Donegal (DGICA) 0.3 $491k 28k 17.44
Oconee Fed Finl Corp (OFED) 0.3 $492k 23k 21.48
AmeriServ Financial (ASRV) 0.3 $467k 128k 3.65
Lake Shore Ban 0.3 $480k 30k 16.17
Norwood Financial Corporation (NWFL) 0.3 $469k 15k 31.81
First Merchants Corporation (FRME) 0.3 $451k 12k 37.67
Emclaire Financial 0.2 $414k 15k 26.98
Donegal (DGICB) 0.2 $349k 22k 16.24
Pb Ban 0.2 $306k 31k 9.93
Koss Corporation (KOSS) 0.2 $279k 123k 2.26
SIFCO Industries (SIF) 0.1 $272k 35k 7.70
CompX International (CIX) 0.1 $192k 12k 16.14
Mer Telemanagement 0.1 $200k 223k 0.90
Fsb Ban 0.1 $155k 11k 14.17
Aehr Test Systems (AEHR) 0.1 $122k 51k 2.41
ImmuCell Corporation (ICCC) 0.1 $85k 15k 5.82
Mam Software Group 0.0 $67k 10k 6.49
Pronai Therapeutics 0.0 $74k 47k 1.58
Command Security Corporation 0.0 $54k 20k 2.68
Community Bank Sys 0.0 $2.0k 27.00 74.07