13F HOLDINGS REPORT
Minerva Advisors LLC
Quarter ended Q2 2024 · Filed August 12, 2024 · Accession 0001462390-24-000041
Total Value
$150.0M
Positions
106
Other Managers
0
Confidential Omitted
No
Holdings (106)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VIRCO MANUFACTURING CO | VIRC | 791,986 | $11.0M | 7.35% |
| 2 | UNIVERSAL STAINLESS & ALLOY | 913837100 | 388,882 | $10.6M | 7.08% |
| 3 | GREAT LAKES DREDGE & DOCK CO | GLDD | 958,262 | $8.4M | 5.60% |
| 4 | EASTERN CO | EML | 333,567 | $8.4M | 5.58% |
| 5 | ASTRONICS CORP | ATROB | 358,180 | $7.2M | 4.77% |
| 6 | ESCALADE INC | ESCA | 372,785 | $5.0M | 3.36% |
| 7 | VIRCO MANUFACTURING CO | VIRC | 327,034 | $4.6M | 3.04% |
| 8 | INFUSYSTEM HLDGS INC | INFU | 662,967 | $4.5M | 3.01% |
| 9 | TREDEGAR CORP | TG | 917,579 | $4.4M | 2.93% |
| 10 | DLH HOLDINGS CORP | DLHC | 404,400 | $4.3M | 2.86% |
| 11 | EASTERN CO | EML | 165,457 | $4.2M | 2.77% |
| 12 | NAVIGATOR HOLDINGS LTD | NVGS | 237,565 | $4.1M | 2.76% |
| 13 | UNIVERSAL STAINLESS & ALLOY | 913837100 | 135,889 | $3.7M | 2.47% |
| 14 | KEWAUNEE SCIENTIFIC CP | 492854104 | 79,547 | $3.7M | 2.47% |
| 15 | THRYV HOLDINGS IINC | THRY | 197,500 | $3.5M | 2.34% |
| 16 | TREDEGAR CORP | TG | 690,171 | $3.3M | 2.20% |
| 17 | GREAT LAKES DREDGE & DOCK CO | GLDD | 364,075 | $3.2M | 2.13% |
| 18 | PATHFINDER BANCORP INC | PBHC | 210,842 | $2.7M | 1.83% |
| 19 | SAGA COMMUNICATIONS INC | SGA | 156,469 | $2.4M | 1.62% |
| 20 | ESCALADE INC | ESCA | 165,029 | $2.2M | 1.49% |
| 21 | UNIFI INC | UFI | 365,565 | $2.2M | 1.44% |
| 22 | UNIFI INC | UFI | 362,921 | $2.1M | 1.43% |
| 23 | ASTRONICS CORP | ATROB | 104,925 | $2.1M | 1.40% |
| 24 | FREIGHTCAR AMERICA INC | RAIL | 565,000 | $2.0M | 1.30% |
| 25 | CAMDEN NATIONAL CORP | 133034108 | 53,000 | $1.7M | 1.16% |
| 26 | SCRIPPS E W CO OHIO | 811054402 | 532,914 | $1.7M | 1.11% |
| 27 | NI HOLDINGS INC | NODK | 100,400 | $1.5M | 1.02% |
| 28 | CRAWFORD & CO CL B | CRD-B | 175,701 | $1.5M | 1.00% |
| 29 | KEWAUNEE SCIENTIFIC CP | 492854104 | 28,465 | $1.3M | 0.88% |
| 30 | NAVIGATOR HOLDINGS LTD | NVGS | 74,047 | $1.3M | 0.86% |
| 31 | INFUSYSTEM HLDGS INC | INFU | 183,884 | $1.3M | 0.83% |
| 32 | CAMDEN NATIONAL CORP | 133034108 | 36,568 | $1.2M | 0.80% |
| 33 | SAGA COMMUNICATIONS INC | SGA | 76,161 | $1.2M | 0.79% |
| 34 | DLH HOLDINGS CORP | DLHC | 108,181 | $1.1M | 0.77% |
| 35 | CONTANGO ORE INC | 21077F100 | 58,688 | $1.0M | 0.70% |
| 36 | SIFCO INDUSTRIES INC | 826546103 | 302,000 | $936,200 | 0.62% |
| 37 | FOSTER L B CO | FSTR | 42,374 | $916,126 | 0.61% |
| 38 | CRAWFORD & CO CL B | CRD-B | 100,301 | $857,574 | 0.57% |
| 39 | MID PENN BANCORP | MPB | 39,229 | $855,584 | 0.57% |
| 40 | SCRIPPS E W CO OHIO | 811054402 | 270,046 | $845,244 | 0.56% |
| 41 | FOSTER L B CO | FSTR | 37,424 | $809,107 | 0.54% |
| 42 | VILLAGE BANK & TRUST FIN CO | 92705T200 | 17,947 | $803,308 | 0.54% |
| 43 | UNISYS CORP | UIS | 192,147 | $793,567 | 0.53% |
| 44 | DORMAN PRODUCTS INC | 258278100 | 8,590 | $784,782 | 0.52% |
| 45 | FREIGHTCAR AMERICA INC | RAIL | 221,412 | $766,086 | 0.51% |
| 46 | FNB CORP | 302520101 | 52,385 | $716,627 | 0.48% |
| 47 | PATHFINDER BANCORP INC | PBHC | 51,362 | $667,706 | 0.45% |
| 48 | UNISYS CORP | UIS | 153,200 | $632,716 | 0.42% |
| 49 | CITIZENS FINL GROUP INC | CIA | 16,929 | $609,613 | 0.41% |
| 50 | HARBOR ONE BANCORP INC NEW | 41165Y100 | 53,500 | $594,920 | 0.40% |
| 51 | ICC HOLDINGS INC | 44931Q104 | 24,953 | $558,947 | 0.37% |
| 52 | COLUMBIA FINANCIAL | 197641103 | 33,794 | $505,896 | 0.34% |
| 53 | THRYV HOLDINGS IINC | THRY | 27,329 | $486,183 | 0.32% |
| 54 | FIRST BANK WILLIAMSTOWN NJ | 31931U102 | 37,118 | $469,914 | 0.31% |
| 55 | CITIZENS & NORTHERN CORP | CIA | 26,500 | $469,580 | 0.31% |
| 56 | US LIME & MINERAL | UNTCW | 1,250 | $452,150 | 0.30% |
| 57 | NI HOLDINGS INC | NODK | 29,500 | $451,350 | 0.30% |
| 58 | NORTHWEST BANCSHARES INC | NWBI | 38,000 | $438,900 | 0.29% |
| 59 | SOUTH STATE CORP | SSB | 5,661 | $432,387 | 0.29% |
| 60 | HARBOR ONE BANCORP INC NEW | 41165Y100 | 34,914 | $388,244 | 0.26% |
| 61 | DORMAN PRODUCTS INC | 258278100 | 3,900 | $356,304 | 0.24% |
| 62 | RICHMOND MUTUAL | 76525P100 | 30,000 | $352,200 | 0.23% |
| 63 | CITIZENS FINL SVCS INC | CIA | 7,803 | $350,667 | 0.23% |
| 64 | HORIZON BANCORP INDIANA | HBNC | 28,000 | $346,080 | 0.23% |
| 65 | UTAL MED PRODS INC | 917488108 | 4,807 | $320,771 | 0.21% |
| 66 | COMMUNITY BANK SYS INC | CBU | 6,618 | $312,237 | 0.21% |
| 67 | DELUXE CORP | DLX | 13,900 | $312,194 | 0.21% |
| 68 | DONEGAL GROUP INC | DGICB | 23,615 | $302,980 | 0.20% |
| 69 | CENTRAL PLAINS BANCSHARES INC | CPBI | 29,100 | $294,201 | 0.20% |
| 70 | DONEGAL GROUP INC | DGICB | 22,875 | $293,486 | 0.20% |
| 71 | CITIZENS & NORTHERN CORP | CIA | 16,400 | $290,608 | 0.19% |
| 72 | FIRST COMMONWEALTH FINANCIAL | 319829107 | 20,000 | $276,200 | 0.18% |
| 73 | MID PENN BANCORP | MPB | 12,503 | $272,690 | 0.18% |
| 74 | LAKE SHORE BANCORP INC | LSBK | 22,248 | $267,421 | 0.18% |
| 75 | ECB BANCORP INC | ECBK | 21,033 | $262,492 | 0.18% |
| 76 | ASCENT INDUSTRIES | ACNT | 26,922 | $257,913 | 0.17% |
| 77 | CITIZENS FINL GROUP INC | CIA | 6,656 | $239,683 | 0.16% |
| 78 | SIFCO INDUSTRIES INC | 826546103 | 76,608 | $237,485 | 0.16% |
| 79 | EAGLE BANCORP MONT INC | 26942G100 | 17,198 | $225,982 | 0.15% |
| 80 | NORWOOD FINANCIAL CORP | NWFL | 8,952 | $224,248 | 0.15% |
| 81 | CONTANGO ORE INC | 21077F100 | 11,459 | $204,429 | 0.14% |
| 82 | CENTRAL PLAINS BANCSHARES INC | CPBI | 20,017 | $202,372 | 0.13% |
| 83 | ECB BANCORP INC | ECBK | 15,407 | $192,279 | 0.13% |
| 84 | ICC HOLDINGS INC | 44931Q104 | 8,414 | $188,474 | 0.13% |
| 85 | FIRST SAVINGS FINANCIAL GP INC | 33621E109 | 10,521 | $183,065 | 0.12% |
| 86 | UTAL MED PRODS INC | 917488108 | 2,727 | $181,973 | 0.12% |
| 87 | FIRST MERCHANTS CORP | FRMEP | 5,000 | $166,350 | 0.11% |
| 88 | FIRST MERCHANTS CORP | FRMEP | 4,875 | $162,191 | 0.11% |
| 89 | FNB CORP | 302520101 | 11,690 | $159,919 | 0.11% |
| 90 | PB BANCSHARES INC | 69318V103 | 10,920 | $149,932 | 0.10% |
| 91 | DONEGAL GROUP INC | DGICB | 13,356 | $148,786 | 0.10% |
| 92 | PB BANCSHARES INC | 69318V103 | 9,640 | $132,357 | 0.09% |
| 93 | NORWOOD FINANCIAL CORP | NWFL | 4,729 | $118,461 | 0.08% |
| 94 | PROASSURANCE CORP | PRA | 8,700 | $106,314 | 0.07% |
| 95 | PROASSURANCE CORP | PRA | 8,534 | $104,285 | 0.07% |
| 96 | FIRST SAVINGS FINANCIAL GP INC | 33621E109 | 5,700 | $99,180 | 0.07% |
| 97 | LAKE SHORE BANCORP INC | LSBK | 7,870 | $94,597 | 0.06% |
| 98 | AMERISERV FINANC INC | 03074A102 | 41,200 | $91,876 | 0.06% |
| 99 | HORIZON BANCORP INDIANA | HBNC | 7,052 | $87,163 | 0.06% |
| 100 | VILLAGE BANK & TRUST FIN CO | 92705T200 | 1,798 | $80,478 | 0.05% |
| 101 | FIRST COMMONWEALTH FINANCIAL | 319829107 | 5,560 | $76,784 | 0.05% |
| 102 | ASCENT INDUSTRIES | ACNT | 7,993 | $76,573 | 0.05% |
| 103 | EAGLE BANCORP MONT INC | 26942G100 | 3,900 | $51,246 | 0.03% |
| 104 | FIRST BANK WILLIAMSTOWN NJ | 31931U102 | 4,025 | $50,957 | 0.03% |
| 105 | DONEGAL GROUP INC | DGICB | 4,500 | $50,130 | 0.03% |
| 106 | AMERISERV FINANC INC | 03074A102 | 17,000 | $37,910 | 0.03% |