Minerva Advisors LLC
- SEC CIK
- 0001541536
- Latest filing
- Aug 12, 2026
Holdings in Q2 2025
Holdings as of Jun 30, 2025, filed Aug 13, 2025. Long positions only; changes compare share counts with Q1 2025.
- Positions
- 56
- +1 vs. Q1 2025
- Portfolio value
- $152.6M
- +$11.9M (+8.5%) vs. Q1 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| GLDDGreat Lakes Dredge & Dock CORP | COM | 1,389,807 | $16.9M | 11.1% | 00.0% | Unchanged | History |
| TGTredegar Corp | COM | 1,657,107 | $14.6M | 9.6% | 00.0% | Unchanged | History |
| EMLEastern Co | COM | 525,053 | $12.0M | 7.9% | +19,066+3.8% | Added | History |
| VIRCVirco Mfg Corporation | COM | 1,283,516 | $10.2M | 6.7% | +73,061+6.0% | Added | History |
| ATROAstronics Corp | COM | 255,905 | $8.56M | 5.6% | −207,200−44.7% | Reduced | History |
| ESCAEscalade Inc | COM | 537,814 | $7.49M | 4.9% | 00.0% | Unchanged | History |
| DLHCDLH Holdings Corp. | COM | 1,110,743 | $6.44M | 4.2% | +92,346+9.1% | Added | History |
| INFUInfuSystem Holdings, Inc | COM | 994,781 | $6.18M | 4.0% | +84,104+9.2% | Added | History |
| UFIUnifi Inc | COM NEW | 1,085,209 | $5.66M | 3.7% | +177,435+19.5% | Added | History |
| UTMDUtah Medical Products Inc | COM | 93,058 | $5.27M | 3.5% | +6,156+7.1% | Added | History |
| THRYThryv Holdings, Inc. | COM NEW | 202,329 | $4.68M | 3.1% | 00.0% | Unchanged | History |
| KEQUKewaunee Scientific Corp | COM | 77,442 | $4.50M | 2.9% | +3,677+5.0% | Added | History |
| NVGSNavigator Holdings Ltd. | SHS | 301,212 | $4.30M | 2.8% | 00.0% | Unchanged | History |
| PBHCPathfinder Bancorp, Inc. | COM | 262,204 | $3.94M | 2.6% | 00.0% | Unchanged | History |
| SSPE.W. Scripps Co | CL A NEW | 1,259,842 | $3.69M | 2.4% | 00.0% | Unchanged | History |
| CACCamden National Corp | COM | 89,568 | $3.63M | 2.4% | 00.0% | Unchanged | History |
| SGASaga Communications Inc | CL A NEW | 226,688 | $2.89M | 1.9% | 00.0% | Unchanged | History |
| CRD.BCrawford & Co | CL B | 281,688 | $2.83M | 1.9% | +5,000+1.8% | Added | History |
| RAILFreightCar America, Inc. | COM | 219,005 | $1.89M | 1.2% | 00.0% | Unchanged | History |
| FSTRFoster L B Co | COM | 83,965 | $1.83M | 1.2% | +4,167+5.2% | Added | History |
| SIFSifco Industries Inc | COM | 466,901 | $1.74M | 1.1% | +1500.0% | Added | History |
| NODKNI Holdings, Inc. | COM | 129,900 | $1.65M | 1.1% | 00.0% | Unchanged | History |
| UISUnisys Corp | COM NEW | 345,347 | $1.56M | 1.0% | 00.0% | Unchanged | History |
| MPBMid Penn Bancorp Inc | COM | 54,177 | $1.53M | 1.0% | +2,445+4.7% | Added | History |
| CTGOContango Silver & Gold Inc. | COM | 76,147 | $1.49M | 1.0% | +6,000+8.6% | Added | History |
| CFGCitizens Financial Group Inc | COM | 23,585 | $1.06M | 0.7% | 00.0% | Unchanged | History |
| DORMDorman Products, Inc. | COM | 8,590 | $1.05M | 0.7% | 00.0% | Unchanged | History |
| HONEHarborOne Bancorp, Inc. | COM NEW | 88,414 | $1.03M | 0.7% | 00.0% | Unchanged | History |
| FNBFNB Corp | COM | 64,075 | $934.2K | 0.6% | 00.0% | Unchanged | History |
| DGICADonegal Group Inc | CL A | 46,490 | $930.3K | 0.6% | 00.0% | Unchanged | History |
| CZNCCitizens & Northern Corp | COM | 42,900 | $812.5K | 0.5% | 00.0% | Unchanged | History |
| ECBKECB Bancorp, Inc. | COM | 49,940 | $771.1K | 0.5% | 00.0% | Unchanged | History |
| CPBICentral Plains Bancshares, Inc. | COM | 49,117 | $740.7K | 0.5% | 00.0% | Unchanged | History |
| First BK Williamstown New Je31931U102 | COM | 41,143 | $635.2K | 0.4% | 00.0% | Unchanged | – |
| USLMUnited States Lime & Minerals Inc | COM | 6,250 | $623.7K | 0.4% | 00.0% | Unchanged | History |
| MBBCMarathon Bancorp, Inc. | COM NEW | 54,718 | $545.0K | 0.4% | +54,718 | New | History |
| HBNCHorizon Bancorp Inc | COM | 35,052 | $538.0K | 0.4% | 00.0% | Unchanged | History |
| SSBSouthState Bank Corp | COM | 5,661 | $520.9K | 0.3% | 00.0% | Unchanged | History |
| CLBKColumbia Financial, Inc. | COM | 33,794 | $490.4K | 0.3% | 00.0% | Unchanged | History |
| NWBINorthwest Bancshares, Inc. | COM | 38,000 | $485.6K | 0.3% | 00.0% | Unchanged | History |
| LSBKLake Shore Bancorp, Inc. | COM | 30,474 | $481.5K | 0.3% | +356+1.2% | Added | History |
| KELYAKelly Services Inc | CL A | 40,000 | $467.6K | 0.3% | +40,000 | New | History |
| CZFSCitizens Financial Services Inc | COM | 7,881 | $462.8K | 0.3% | +78+1.0% | Added | History |
| FCFFirst Commonwealth Financial Corp | COM | 25,560 | $415.1K | 0.3% | 00.0% | Unchanged | History |
| RMBIRichmond Mutual Bancorporation, Inc. | COM | 30,000 | $414.0K | 0.3% | 00.0% | Unchanged | History |
| FSFGFirst Savings Financial Group, Inc. | COM | 16,221 | $403.7K | 0.3% | 00.0% | Unchanged | History |
| PRAProassurance Corp | COM | 17,234 | $393.5K | 0.3% | 00.0% | Unchanged | History |
| ACNTAscent Industries Co. | COM | 30,415 | $383.5K | 0.3% | 00.0% | Unchanged | History |
| FRMEFirst Merchants Corp | COM | 9,875 | $378.2K | 0.2% | 00.0% | Unchanged | History |
| CBUCommunity Financial System, Inc. | COM | 6,618 | $366.5K | 0.2% | 00.0% | Unchanged | History |
| PBBKPB Bankshares, Inc. | COM | 20,560 | $359.8K | 0.2% | 00.0% | Unchanged | History |
| NWFLNorwood Financial Corp | COM | 13,681 | $352.7K | 0.2% | 00.0% | Unchanged | History |
| EBMTEagle Bancorp Montana, Inc. | COM | 21,098 | $351.1K | 0.2% | 00.0% | Unchanged | History |
| DGICBDonegal Group Inc | CL B | 17,856 | $313.0K | 0.2% | 00.0% | Unchanged | History |
| DLXDeluxe Corp | COM | 13,900 | $221.1K | 0.1% | 00.0% | Unchanged | History |
| ASRVAmeriserv Financial Inc | COM | 58,200 | $174.6K | 0.1% | 00.0% | Unchanged | History |
Sold out since Q1 2025 (1)
Positions held at the end of Q1 2025 that are gone from this filing.