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Minerva Advisors LLC

SEC CIK
0001541536
Latest filing
Aug 12, 2026

Holdings in Q2 2024

Holdings as of Jun 30, 2024, filed Aug 12, 2024. Long positions only; changes compare share counts with Q1 2024.

Institution overview
Positions
57
−2 vs. Q1 2024
Portfolio value
$150.0M
−$13.3M (−8.2%) vs. Q1 2024
Filed
Aug 12, 2024
SEC
Holdings of Minerva Advisors LLC in Q2 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
ASRVAmeriserv Financial IncCOM58,200$129.8K0.1%00.0%UnchangedHistory
DGICBDonegal Group IncCL B17,856$198.9K0.1%00.0%UnchangedHistory
PRAProassurance CorpCOM17,234$210.6K0.1%00.0%UnchangedHistory
EBMTEagle Bancorp Montana, Inc.COM21,098$277.2K0.2%00.0%UnchangedHistory
FSFGFirst Savings Financial Group, Inc.COM16,221$282.2K0.2%00.0%UnchangedHistory
PBBKPB Bankshares, Inc.COM20,560$282.3K0.2%00.0%UnchangedHistory
DLXDeluxe CorpCOM13,900$312.2K0.2%00.0%UnchangedHistory
CBUCommunity Financial System, Inc.COM6,618$312.2K0.2%00.0%UnchangedHistory
FRMEFirst Merchants CorpCOM9,875$328.5K0.2%00.0%UnchangedHistory
ACNTAscent Industries Co.COM34,915$334.5K0.2%−20,678−37.2%ReducedHistory
NWFLNorwood Financial CorpCOM13,681$342.7K0.2%00.0%UnchangedHistory
CZFSCitizens Financial Services IncCOM7,803$350.7K0.2%+77+1.0%AddedHistory
RMBIRichmond Mutual Bancorporation, Inc.COM30,000$352.2K0.2%00.0%UnchangedHistory
FCFFirst Commonwealth Financial CorpCOM25,560$353.0K0.2%00.0%UnchangedHistory
LSBKLake Shore Bancorp, Inc.COM30,118$362.0K0.2%00.0%UnchangedHistory
SSBSouthState Bank CorpCOM5,661$432.4K0.3%00.0%UnchangedHistory
HBNCHorizon Bancorp IncCOM35,052$433.2K0.3%00.0%UnchangedHistory
NWBINorthwest Bancshares, Inc.COM38,000$438.9K0.3%00.0%UnchangedHistory
USLMUnited States Lime & Minerals IncCOM1,250$452.1K0.3%00.0%UnchangedHistory
ECBKECB Bancorp, Inc.COM36,440$454.8K0.3%+4,075+12.6%AddedHistory
CPBICentral Plains Bancshares, Inc.COM49,117$496.6K0.3%+4,046+9.0%AddedHistory
UTMDUtah Medical Products IncCOM7,534$502.7K0.3%+7,534NewHistory
CLBKColumbia Financial, Inc.COM33,794$505.9K0.3%00.0%UnchangedHistory
First BK Williamstown New Je31931U102COM41,143$520.9K0.3%00.0%Unchanged–
DGICADonegal Group IncCL A46,490$596.5K0.4%00.0%UnchangedHistory
ICCHICC Holdings, Inc.COM33,367$747.4K0.5%00.0%UnchangedHistory
CZNCCitizens & Northern CorpCOM42,900$760.2K0.5%00.0%UnchangedHistory
CFGCitizens Financial Group IncCOM23,585$849.3K0.6%00.0%UnchangedHistory
FNBFNB CorpCOM64,075$876.5K0.6%00.0%UnchangedHistory
VBFCVillage Bank & Trust Financial Corp.COM NEW19,745$883.8K0.6%00.0%UnchangedHistory
HONEHarborOne Bancorp, Inc.COM NEW88,414$983.2K0.7%+16,000+22.1%AddedHistory
MPBMid Penn Bancorp IncCOM51,732$1.13M0.8%00.0%UnchangedHistory
DORMDorman Products, Inc.COM12,490$1.14M0.8%−100−0.8%ReducedHistory
SIFSifco Industries IncCOM378,608$1.17M0.8%00.0%UnchangedHistory
CTGOContango Silver & Gold Inc.COM70,147$1.25M0.8%00.0%UnchangedHistory
UISUnisys CorpCOM NEW345,347$1.43M1.0%00.0%UnchangedHistory
FSTRFoster L B CoCOM79,798$1.73M1.2%00.0%UnchangedHistory
NODKNI Holdings, Inc.COM129,900$1.99M1.3%00.0%UnchangedHistory
CRD.BCrawford & CoCL B276,002$2.36M1.6%+3,768+1.4%AddedHistory
SSPE.W. Scripps CoCL A NEW802,960$2.51M1.7%+89,881+12.6%AddedHistory
RAILFreightCar America, Inc.COM786,412$2.72M1.8%00.0%UnchangedHistory
CACCamden National CorpCOM89,568$2.95M2.0%00.0%UnchangedHistory
PBHCPathfinder Bancorp, Inc.COM262,204$3.41M2.3%00.0%UnchangedHistory
SGASaga Communications IncCL A NEW232,630$3.62M2.4%−411−0.2%ReducedHistory
THRYThryv Holdings, Inc.COM NEW224,829$4.00M2.7%00.0%UnchangedHistory
UFIUnifi IncCOM NEW728,486$4.29M2.9%+146,493+25.2%AddedHistory
KEQUKewaunee Scientific CorpCOM108,012$5.03M3.4%−36,570−25.3%ReducedHistory
NVGSNavigator Holdings Ltd.SHS311,612$5.44M3.6%−21,000−6.3%ReducedHistory
DLHCDLH Holdings Corp.COM512,581$5.44M3.6%+7,000+1.4%AddedHistory
INFUInfuSystem Holdings, IncCOM846,851$5.77M3.8%00.0%UnchangedHistory
ESCAEscalade IncCOM537,814$7.27M4.8%00.0%UnchangedHistory
TGTredegar CorpCOM1,607,750$7.70M5.1%+112,889+7.6%AddedHistory
ATROAstronics CorpCOM463,105$9.26M6.2%00.0%UnchangedHistory
GLDDGreat Lakes Dredge & Dock CORPCOM1,322,337$11.6M7.7%+10,194+0.8%AddedHistory
EMLEastern CoCOM499,024$12.5M8.3%+10,430+2.1%AddedHistory
USAPUniversal Stainless & Alloy Products IncCOM524,771$14.3M9.6%−248,074−32.1%ReducedHistory
VIRCVirco Mfg CorporationCOM1,119,020$15.6M10.4%−3,081−0.3%ReducedHistory

Sold out since Q1 2024 (3)

Positions held at the end of Q1 2024 that are gone from this filing.

Positions of Minerva Advisors LLC sold out since Q1 2024
SecurityClassShares in Q1 2024Value in Q1 2024% of portfolio in Q1 2024History
SCXStarrett L S CoCL A68,737$2.34M1.4%History
CECOCeco Environmental CorpCOM49,128$1.13M0.7%History
GVPGse Systems IncCOM63,914$148.3K0.1%History