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Minerva Advisors LLC

SEC CIK
0001541536
Latest filing
Aug 12, 2026

Holdings in Q2 2026

Holdings as of Jun 30, 2026, filed Aug 12, 2026. Long positions only; changes compare share counts with Q1 2026.

Institution overview
Positions
46
−2 vs. Q1 2026
Portfolio value
$158.3M
+$3.37M (+2.2%) vs. Q1 2026
Filed
Aug 12, 2026
SEC
Holdings of Minerva Advisors LLC in Q2 2026
SecurityClassSharesValue% of portfolioShare changeActionHistory
EMLEastern CoCOM546,402$15.2M9.6%00.0%UnchangedHistory
TGTredegar CorpCOM1,665,607$13.3M8.4%00.0%UnchangedHistory
INFUInfuSystem Holdings, IncCOM1,348,617$13.0M8.2%+144,512+12.0%AddedHistory
SIFSifco Industries IncCOM455,650$10.7M6.7%−25,000−5.2%ReducedHistory
ESCAEscalade IncCOM567,222$10.7M6.7%−399−0.1%ReducedHistory
VIRCVirco Mfg CorporationCOM1,535,454$9.43M6.0%+18,002+1.2%AddedHistory
UTMDUtah Medical Products IncCOM93,615$6.46M4.1%00.0%UnchangedHistory
UFIUnifi IncCOM NEW1,258,792$5.98M3.8%+1660.0%AddedHistory
DLHCDLH Holdings Corp.COM1,116,368$5.86M3.7%+3,331+0.3%AddedHistory
NVGSNavigator Holdings Ltd.SHS296,212$5.52M3.5%00.0%UnchangedHistory
KEQUKewaunee Scientific CorpCOM149,410$5.31M3.4%+12,705+9.3%AddedHistory
SSPE.W. Scripps CoCL A NEW1,832,707$5.08M3.2%+306,217+20.1%AddedHistory
CACCamden National CorpCOM89,568$4.86M3.1%00.0%UnchangedHistory
ATROAstronics CorpCOM55,041$4.47M2.8%−15,299−21.8%ReducedHistory
PBHCPathfinder Bancorp, Inc.COM262,204$4.16M2.6%00.0%UnchangedHistory
RAILFreightCar America, Inc.COM379,030$3.69M2.3%+38,007+11.1%AddedHistory
KELYAKelly Services IncCL A253,162$3.11M2.0%+53,366+26.7%AddedHistory
FSTRFoster L B CoCOM67,922$3.07M1.9%−16,043−19.1%ReducedHistory
CRD.BCrawford & CoCL B288,178$3.01M1.9%00.0%UnchangedHistory
NODKNI Holdings, Inc.COM129,900$2.04M1.3%00.0%UnchangedHistory
CLBKColumbia Financial, Inc.COM89,294$1.89M1.2%+55,500+164.2%AddedHistory
MPBMid Penn Bancorp IncCOM54,177$1.89M1.2%00.0%UnchangedHistory
CFGCitizens Financial Group IncCOM21,485$1.51M1.0%00.0%UnchangedHistory
EBCEastern Bankshares, Inc.COM62,576$1.39M0.9%00.0%UnchangedHistory
UISUnisys CorpCOM NEW345,347$1.26M0.8%00.0%UnchangedHistory
FNBFNB CorpCOM64,075$1.22M0.8%00.0%UnchangedHistory
FRMEFirst Merchants CorpCOM23,662$1.03M0.7%00.0%UnchangedHistory
ECBKECB Bancorp, Inc.COM49,940$1.00M0.6%00.0%UnchangedHistory
CZNCCitizens & Northern CorpCOM42,900$1.00M0.6%00.0%UnchangedHistory
CTGOContango Silver & Gold Inc.COM59,647$941.8K0.6%00.0%UnchangedHistory
CPBICentral Plains Bancshares, Inc.COM49,117$934.7K0.6%00.0%UnchangedHistory
NWFLNorwood Financial CorpCOM28,580$918.8K0.6%00.0%UnchangedHistory
FMCFMC CorpCOM NEW78,000$897.0K0.6%+30,000+62.5%AddedHistory
DGICADonegal Group IncCL A46,490$876.8K0.6%00.0%UnchangedHistory
MBBCMarathon Bancorp, Inc.COM NEW55,750$851.9K0.5%−3,226−5.5%ReducedHistory
LSBKLake Shore Bancorp, Inc.COM44,259$788.3K0.5%00.0%UnchangedHistory
First BK Williamstown New Je31931U102COM41,143$729.5K0.5%00.0%Unchanged–
HBNCHorizon Bancorp IncCOM35,052$700.3K0.4%00.0%UnchangedHistory
NWBINorthwest Bancshares, Inc.COM38,000$576.1K0.4%00.0%UnchangedHistory
THRYThryv Holdings, Inc.COM NEW144,329$568.7K0.4%00.0%UnchangedHistory
FCFFirst Commonwealth Financial CorpCOM25,560$519.6K0.3%00.0%UnchangedHistory
EBMTEagle Bancorp Montana, Inc.COM21,098$504.9K0.3%00.0%UnchangedHistory
RMBIRichmond Mutual Bancorporation, Inc.COM30,224$480.0K0.3%00.0%UnchangedHistory
DGICBDonegal Group IncCL B17,856$388.9K0.2%00.0%UnchangedHistory
DLXDeluxe CorpCOM13,900$331.9K0.2%00.0%UnchangedHistory
ASRVAmeriserv Financial IncCOM58,200$225.8K0.1%00.0%UnchangedHistory

Sold out since Q1 2026 (2)

Positions held at the end of Q1 2026 that are gone from this filing.

Positions of Minerva Advisors LLC sold out since Q1 2026
SecurityClassShares in Q1 2026Value in Q1 2026% of portfolio in Q1 2026History
GLDDGreat Lakes Dredge & Dock CORPCOM1,029,703$17.5M11.3%History
PRAProassurance CorpCOM17,234$426.0K0.3%History