13F HOLDINGS REPORT
Minerva Advisors LLC
Quarter ended Q1 2024 · Filed May 14, 2024 · Accession 0001462390-24-000039
Total Value
$163.3M
Positions
110
Other Managers
0
Confidential Omitted
No
Holdings (110)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | UNIVERSAL STAINLESS & ALLOY | 913837100 | 581,723 | $13.0M | 7.96% |
| 2 | EASTERN CO | EML | 333,567 | $11.2M | 6.85% |
| 3 | VIRCO MANUFACTURING CO | VIRC | 812,186 | $8.9M | 5.43% |
| 4 | GREAT LAKES DREDGE & DOCK CO | GLDD | 958,262 | $8.4M | 5.13% |
| 5 | ASTRONICS CORP | ATROB | 358,180 | $6.8M | 4.17% |
| 6 | INFUSYSTEM HLDGS INC | INFU | 662,967 | $5.7M | 3.49% |
| 7 | TREDEGAR CORP | TG | 818,729 | $5.3M | 3.27% |
| 8 | DLH HOLDINGS CORP | DLHC | 402,400 | $5.3M | 3.24% |
| 9 | EASTERN CO | EML | 155,027 | $5.2M | 3.18% |
| 10 | ESCALADE INC | ESCA | 372,785 | $5.1M | 3.10% |
| 11 | TREDEGAR CORP | TG | 676,132 | $4.4M | 2.70% |
| 12 | THRYV HOLDINGS IINC | THRY | 197,500 | $4.4M | 2.68% |
| 13 | UNIVERSAL STAINLESS & ALLOY | 913837100 | 191,122 | $4.3M | 2.62% |
| 14 | NAVIGATOR HOLDINGS LTD | NVGS | 253,665 | $3.9M | 2.38% |
| 15 | KEWAUNEE SCIENTIFIC CP | 492854104 | 107,104 | $3.6M | 2.22% |
| 16 | SAGA COMMUNICATIONS INC | SGA | 156,880 | $3.5M | 2.14% |
| 17 | VIRCO MANUFACTURING CO | VIRC | 309,915 | $3.4M | 2.07% |
| 18 | GREAT LAKES DREDGE & DOCK CO | GLDD | 353,881 | $3.1M | 1.89% |
| 19 | PATHFINDER BANCORP INC | PBHC | 210,842 | $2.6M | 1.57% |
| 20 | ESCALADE INC | ESCA | 165,029 | $2.2M | 1.37% |
| 21 | FREIGHTCAR AMERICA INC | RAIL | 565,000 | $2.2M | 1.32% |
| 22 | ASTRONICS CORP | ATROB | 104,925 | $2.0M | 1.22% |
| 23 | SCRIPPS E W CO OHIO | 811054402 | 490,900 | $1.9M | 1.18% |
| 24 | UNIFI INC | UFI | 313,720 | $1.9M | 1.15% |
| 25 | CAMDEN NATIONAL CORP | 133034108 | 53,000 | $1.8M | 1.08% |
| 26 | STARRETT LS | STHO | 20,737 | $1.8M | 1.08% |
| 27 | SAGA COMMUNICATIONS INC | SGA | 76,161 | $1.7M | 1.04% |
| 28 | UNIFI INC | UFI | 268,273 | $1.6M | 0.98% |
| 29 | CRAWFORD & CO CL B | CRD-B | 175,701 | $1.6M | 0.97% |
| 30 | INFUSYSTEM HLDGS INC | INFU | 183,884 | $1.6M | 0.97% |
| 31 | NI HOLDINGS INC | NODK | 100,400 | $1.5M | 0.91% |
| 32 | DLH HOLDINGS CORP | DLHC | 103,181 | $1.4M | 0.83% |
| 33 | KEWAUNEE SCIENTIFIC CP | 492854104 | 37,478 | $1.3M | 0.78% |
| 34 | CAMDEN NATIONAL CORP | 133034108 | 36,568 | $1.2M | 0.75% |
| 35 | NAVIGATOR HOLDINGS LTD | NVGS | 78,947 | $1.2M | 0.74% |
| 36 | CONTANGO ORE INC | 21077F100 | 58,688 | $1.2M | 0.71% |
| 37 | FOSTER L B CO | FSTR | 42,374 | $1.2M | 0.70% |
| 38 | FOSTER L B CO | FSTR | 37,424 | $1.0M | 0.62% |
| 39 | SIFCO INDUSTRIES INC | 826546103 | 302,000 | $960,360 | 0.59% |
| 40 | UNISYS CORP | UIS | 192,147 | $943,442 | 0.58% |
| 41 | CRAWFORD & CO CL B | CRD-B | 96,533 | $874,589 | 0.54% |
| 42 | SCRIPPS E W CO OHIO | 811054402 | 222,179 | $868,720 | 0.53% |
| 43 | FREIGHTCAR AMERICA INC | RAIL | 221,412 | $848,008 | 0.52% |
| 44 | DORMAN PRODUCTS INC | 258278100 | 8,590 | $826,702 | 0.51% |
| 45 | CECO ENVIRONMENTAL CORP | CECO | 34,920 | $803,160 | 0.49% |
| 46 | MID PENN BANCORP | MPB | 39,229 | $784,972 | 0.48% |
| 47 | UNISYS CORP | UIS | 153,200 | $752,212 | 0.46% |
| 48 | VILLAGE BANK & TRUST FIN CO | 92705T200 | 17,947 | $746,775 | 0.46% |
| 49 | FNB CORP | 302520101 | 52,385 | $738,629 | 0.45% |
| 50 | PATHFINDER BANCORP INC | PBHC | 51,362 | $624,562 | 0.38% |
| 51 | CITIZENS FINL GROUP INC | CIA | 16,929 | $614,184 | 0.38% |
| 52 | THRYV HOLDINGS IINC | THRY | 27,329 | $606,157 | 0.37% |
| 53 | COLUMBIA FINANCIAL | 197641103 | 33,794 | $581,595 | 0.36% |
| 54 | STARRETT LS | STHO | 48,000 | $580,800 | 0.36% |
| 55 | FIRST BANK WILLIAMSTOWN NJ | 31931U102 | 37,118 | $508,145 | 0.31% |
| 56 | CITIZENS & NORTHERN CORP | CIA | 26,500 | $493,165 | 0.30% |
| 57 | SOUTH STATE CORP | SSB | 5,661 | $481,128 | 0.29% |
| 58 | HARBOR ONE BANCORP INC NEW | 41165Y100 | 44,700 | $475,161 | 0.29% |
| 59 | NORTHWEST BANCSHARES INC | NWBI | 38,000 | $442,700 | 0.27% |
| 60 | NI HOLDINGS INC | NODK | 29,500 | $438,960 | 0.27% |
| 61 | ASCENT INDUSTRIES | ACNT | 43,224 | $432,240 | 0.26% |
| 62 | ICC HOLDINGS INC | 44931Q104 | 24,953 | $398,998 | 0.24% |
| 63 | DORMAN PRODUCTS INC | 258278100 | 4,000 | $384,960 | 0.24% |
| 64 | CITIZENS FINL SVCS INC | CIA | 7,726 | $380,119 | 0.23% |
| 65 | US LIME & MINERAL | UNTCW | 1,250 | $371,488 | 0.23% |
| 66 | HORIZON BANCORP INDIANA | HBNC | 28,000 | $358,680 | 0.22% |
| 67 | RICHMOND MUTUAL | 76525P100 | 30,000 | $333,600 | 0.20% |
| 68 | DONEGAL GROUP INC | DGICB | 23,615 | $333,444 | 0.20% |
| 69 | CECO ENVIRONMENTAL CORP | CECO | 14,208 | $326,784 | 0.20% |
| 70 | DONEGAL GROUP INC | DGICB | 22,875 | $322,995 | 0.20% |
| 71 | COMMUNITY BANK SYS INC | CBU | 6,618 | $317,465 | 0.19% |
| 72 | CITIZENS & NORTHERN CORP | CIA | 16,400 | $305,204 | 0.19% |
| 73 | HARBOR ONE BANCORP INC NEW | 41165Y100 | 27,714 | $294,600 | 0.18% |
| 74 | DELUXE CORP | DLX | 13,900 | $286,201 | 0.18% |
| 75 | FIRST COMMONWEALTH FINANCIAL | 319829107 | 20,000 | $278,000 | 0.17% |
| 76 | CENTRAL PLAINS BANCSHARES INC | CPBI | 25,873 | $264,422 | 0.16% |
| 77 | LAKE SHORE BANCORP INC | LSBK | 22,248 | $258,077 | 0.16% |
| 78 | MID PENN BANCORP | MPB | 12,503 | $250,185 | 0.15% |
| 79 | SIFCO INDUSTRIES INC | 826546103 | 76,608 | $243,613 | 0.15% |
| 80 | ECB BANCORP INC | ECBK | 18,858 | $243,457 | 0.15% |
| 81 | CITIZENS FINL GROUP INC | CIA | 6,656 | $241,480 | 0.15% |
| 82 | NORWOOD FINANCIAL CORP | NWFL | 8,952 | $239,824 | 0.15% |
| 83 | CONTANGO ORE INC | 21077F100 | 11,459 | $227,461 | 0.14% |
| 84 | EAGLE BANCORP MONT INC | 26942G100 | 17,198 | $220,822 | 0.14% |
| 85 | CENTRAL PLAINS BANCSHARES INC | CPBI | 19,198 | $196,204 | 0.12% |
| 86 | ECB BANCORP INC | ECBK | 13,507 | $174,375 | 0.11% |
| 87 | FIRST MERCHANTS CORP | FRMEP | 5,000 | $174,250 | 0.11% |
| 88 | FIRST SAVINGS FINANCIAL GP INC | 33621E109 | 10,521 | $172,650 | 0.11% |
| 89 | DONEGAL GROUP INC | DGICB | 13,356 | $170,289 | 0.10% |
| 90 | FIRST MERCHANTS CORP | FRMEP | 4,875 | $169,894 | 0.10% |
| 91 | FNB CORP | 302520101 | 11,690 | $164,829 | 0.10% |
| 92 | PB BANCSHARES INC | 69318V103 | 10,920 | $139,776 | 0.09% |
| 93 | ICC HOLDINGS INC | 44931Q104 | 8,414 | $134,540 | 0.08% |
| 94 | NORWOOD FINANCIAL CORP | NWFL | 4,729 | $126,690 | 0.08% |
| 95 | ASCENT INDUSTRIES | ACNT | 12,369 | $123,690 | 0.08% |
| 96 | PB BANCSHARES INC | 69318V103 | 9,640 | $123,392 | 0.08% |
| 97 | PROASSURANCE CORP | PRA | 8,700 | $111,882 | 0.07% |
| 98 | PROASSURANCE CORP | PRA | 8,534 | $109,747 | 0.07% |
| 99 | GSE SYSTEMS INC | 36227K106 | 46,573 | $108,049 | 0.07% |
| 100 | AMERISERV FINANC INC | 03074A102 | 41,200 | $106,296 | 0.07% |
| 101 | FIRST SAVINGS FINANCIAL GP INC | 33621E109 | 5,700 | $93,537 | 0.06% |
| 102 | LAKE SHORE BANCORP INC | LSBK | 7,870 | $91,292 | 0.06% |
| 103 | HORIZON BANCORP INDIANA | HBNC | 7,052 | $90,336 | 0.06% |
| 104 | FIRST COMMONWEALTH FINANCIAL | 319829107 | 5,560 | $77,284 | 0.05% |
| 105 | VILLAGE BANK & TRUST FIN CO | 92705T200 | 1,798 | $74,815 | 0.05% |
| 106 | DONEGAL GROUP INC | DGICB | 4,500 | $57,375 | 0.04% |
| 107 | FIRST BANK WILLIAMSTOWN NJ | 31931U102 | 4,025 | $55,102 | 0.03% |
| 108 | EAGLE BANCORP MONT INC | 26942G100 | 3,900 | $50,076 | 0.03% |
| 109 | AMERISERV FINANC INC | 03074A102 | 17,000 | $43,860 | 0.03% |
| 110 | GSE SYSTEMS INC | 36227K106 | 17,341 | $40,231 | 0.02% |