Minerva Advisors LLC
- SEC CIK
- 0001541536
- Latest filing
- Aug 12, 2026
Holdings in Q1 2023
Holdings as of Mar 31, 2023, filed Jan 31, 2024. Long positions only; changes compare share counts with Q4 2022.
- Positions
- 67
- +1 vs. Q4 2022
- Portfolio value
- $138.6M
- +$4.29M (+3.2%) vs. Q4 2022
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| NXTCNextCure, Inc. | COM | 31,713 | $46.9K | <0.1% | 00.0% | Unchanged | History |
| ICCCImmucell Corp | COM PAR | 11,958 | $61.1K | <0.1% | 00.0% | Unchanged | History |
| PCTIPC Tel Inc | COM | 19,243 | $81.4K | 0.1% | 00.0% | Unchanged | History |
| LUMOLumos Pharma, Inc. | COM | 34,015 | $112.3K | 0.1% | 00.0% | Unchanged | History |
| DALNDallasNews Corp | COM SER A | 29,611 | $128.8K | 0.1% | −64,377−68.5% | Reduced | History |
| ASRVAmeriserv Financial Inc | COM | 58,200 | $177.5K | 0.1% | 00.0% | Unchanged | History |
| OFEDOconee Federal Financial Corp. | COM | 11,451 | $211.8K | 0.2% | 00.0% | Unchanged | History |
| DLADelta Apparel, Inc | COM | 19,353 | $212.9K | 0.2% | −47−0.2% | Reduced | History |
| UFIUnifi Inc | COM NEW | 26,336 | $214.6K | 0.2% | +26,336 | New | History |
| DLXDeluxe Corp | COM | 13,900 | $222.4K | 0.2% | 00.0% | Unchanged | History |
| LSBKLake Shore Bancorp, Inc. | COM | 19,700 | $226.2K | 0.2% | 00.0% | Unchanged | History |
| MSVBMid-Southern Bancorp, Inc. | COM | 21,706 | $246.6K | 0.2% | 00.0% | Unchanged | History |
| FSFGFirst Savings Financial Group, Inc. | COM | 16,221 | $261.0K | 0.2% | 00.0% | Unchanged | History |
| DGICBDonegal Group Inc | CL B | 17,856 | $268.6K | 0.2% | 00.0% | Unchanged | History |
| EBMTEagle Bancorp Montana, Inc. | COM | 21,098 | $293.3K | 0.2% | 00.0% | Unchanged | History |
| RMBIRichmond Mutual Bancorporation, Inc. | COM | 30,000 | $311.1K | 0.2% | 00.0% | Unchanged | History |
| PRAProassurance Corp | COM | 17,234 | $313.6K | 0.2% | 00.0% | Unchanged | History |
| FRMEFirst Merchants Corp | COM | 9,875 | $325.2K | 0.2% | 00.0% | Unchanged | History |
| CBUCommunity Financial System, Inc. | COM | 6,618 | $346.7K | 0.3% | 00.0% | Unchanged | History |
| FCFFirst Commonwealth Financial Corp | COM | 28,360 | $352.2K | 0.3% | +28,360 | New | History |
| HBNCHorizon Bancorp Inc | COM | 35,052 | $387.0K | 0.3% | 00.0% | Unchanged | History |
| NWFLNorwood Financial Corp | COM | 13,681 | $401.5K | 0.3% | 00.0% | Unchanged | History |
| SSBSouthState Bank Corp | COM | 5,661 | $403.2K | 0.3% | 00.0% | Unchanged | History |
| NWBINorthwest Bancshares, Inc. | COM | 38,000 | $457.1K | 0.3% | 00.0% | Unchanged | History |
| CIXCompx International Inc | CL A | 27,847 | $503.5K | 0.4% | 00.0% | Unchanged | History |
| ICCHICC Holdings, Inc. | COM | 33,367 | $517.5K | 0.4% | 00.0% | Unchanged | History |
| GVPGse Systems Inc | COM | 779,555 | $541.8K | 0.4% | +11,866+1.5% | Added | History |
| ACNTAscent Industries Co. | COM | 60,369 | $551.8K | 0.4% | 00.0% | Unchanged | History |
| CLBKColumbia Financial, Inc. | COM | 33,794 | $617.8K | 0.4% | 00.0% | Unchanged | History |
| DGICADonegal Group Inc | CL A | 46,490 | $709.4K | 0.5% | 00.0% | Unchanged | History |
| CFGCitizens Financial Group Inc | COM | 23,585 | $716.0K | 0.5% | 00.0% | Unchanged | History |
| HVBCHV Bancorp, Inc. | COM | 25,890 | $777.5K | 0.6% | 00.0% | Unchanged | History |
| MLVFMalvern Bancorp, Inc. | COM | 53,206 | $803.4K | 0.6% | 00.0% | Unchanged | History |
| FNBFNB Corp | COM | 69,690 | $808.4K | 0.6% | 00.0% | Unchanged | History |
| SCXStarrett L S Co | CL A | 73,237 | $816.6K | 0.6% | 00.0% | Unchanged | History |
| FSTRFoster L B Co | COM | 79,798 | $907.3K | 0.7% | 00.0% | Unchanged | History |
| CZNCCitizens & Northern Corp | COM | 42,900 | $913.3K | 0.7% | 00.0% | Unchanged | History |
| VBFCVillage Bank & Trust Financial Corp. | COM NEW | 19,745 | $1.01M | 0.7% | 00.0% | Unchanged | History |
| CRD.BCrawford & Co | CL B | 132,341 | $1.02M | 0.7% | +25,624+24.0% | Added | History |
| SIFSifco Industries Inc | COM | 385,708 | $1.14M | 0.8% | 00.0% | Unchanged | History |
| THRYThryv Holdings, Inc. | COM NEW | 49,703 | $1.15M | 0.8% | 00.0% | Unchanged | History |
| MPBMid Penn Bancorp Inc | COM | 51,732 | $1.32M | 1.0% | 00.0% | Unchanged | History |
| DORMDorman Products, Inc. | COM | 17,090 | $1.47M | 1.1% | 00.0% | Unchanged | History |
| NODKNI Holdings, Inc. | COM | 129,900 | $1.66M | 1.2% | 00.0% | Unchanged | History |
| CECOCeco Environmental Corp | COM | 127,508 | $1.78M | 1.3% | −16,950−11.7% | Reduced | History |
| WLMSNOS4-1, Inc. | COM | 1,885,277 | $1.94M | 1.4% | 00.0% | Unchanged | History |
| PATIPatriot Transportation Holding, Inc. | COM | 246,583 | $1.96M | 1.4% | 00.0% | Unchanged | History |
| RAILFreightCar America, Inc. | COM | 806,412 | $2.50M | 1.8% | 00.0% | Unchanged | History |
| KEQUKewaunee Scientific Corp | COM | 172,919 | $2.73M | 2.0% | +2,378+1.4% | Added | History |
| CTGOContango Silver & Gold Inc. | COM | 97,331 | $2.74M | 2.0% | −614−0.6% | Reduced | History |
| CACCamden National Corp | COM | 89,568 | $3.23M | 2.3% | 00.0% | Unchanged | History |
| VIRCVirco Mfg Corporation | COM | 928,941 | $3.68M | 2.7% | 00.0% | Unchanged | History |
| DLHCDLH Holdings Corp. | COM | 342,838 | $3.84M | 2.8% | +147,649+75.6% | Added | History |
| TGTredegar Corp | COM | 430,574 | $3.92M | 2.8% | +50,900+13.4% | Added | History |
| USLMUnited States Lime & Minerals Inc | COM | 27,358 | $4.05M | 2.9% | −11,160−29.0% | Reduced | History |
| PBHCPathfinder Bancorp, Inc. | COM | 251,649 | $4.35M | 3.1% | 00.0% | Unchanged | History |
| SGASaga Communications Inc | CL A NEW | 204,794 | $4.53M | 3.3% | 00.0% | Unchanged | History |
| NVGSNavigator Holdings Ltd. | SHS | 344,612 | $4.82M | 3.5% | 00.0% | Unchanged | History |
| SSPE.W. Scripps Co | CL A NEW | 523,407 | $4.90M | 3.5% | 00.0% | Unchanged | History |
| ATROAstronics Corp | COM | 463,105 | $6.16M | 4.4% | 00.0% | Unchanged | History |
| GLDDGreat Lakes Dredge & Dock CORP | COM | 1,208,298 | $6.54M | 4.7% | +33,000+2.8% | Added | History |
| INFUInfuSystem Holdings, Inc | COM | 846,851 | $6.62M | 4.8% | 00.0% | Unchanged | History |
| USAPUniversal Stainless & Alloy Products Inc | COM | 738,427 | $6.79M | 4.9% | 00.0% | Unchanged | History |
| EMLEastern Co | COM | 409,176 | $7.82M | 5.6% | 00.0% | Unchanged | History |
| ESCAEscalade Inc | COM | 553,521 | $8.01M | 5.8% | 00.0% | Unchanged | History |
| CTGComputer Task Group Inc | COM | 1,256,347 | $9.11M | 6.6% | 00.0% | Unchanged | History |
| CCFChase Corp | COM | 120,253 | $12.6M | 9.1% | 00.0% | Unchanged | History |
Sold out since Q4 2022 (1)
Positions held at the end of Q4 2022 that are gone from this filing.