Minerva Advisors’s First Merchants FRME Stock Holding History

Minerva Advisors’s Portfolio FRME Stock Details FRME Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$378K	Hold	9,875	–	–	0.25%	49
2025 Q1	$399K	Hold	9,875	–	–	0.28%	45
2024 Q4	$394K	Hold	9,875	–	–	0.23%	49
2024 Q3	$367K	Hold	9,875	–	–	0.21%	50
2024 Q2	$329K	Hold	9,875	–	–	0.22%	49
2024 Q1	$344K	Hold	9,875	–	–	0.21%	49
2023 Q4	$366K	Hold	9,875	–	–	0.23%	47
2023 Q3	$274K	Hold	9,875	–	–	0.19%	52
2023 Q2	$278K	Hold	9,875	–	–	0.19%	54
2023 Q1	$325K	Hold	9,875	–	–	0.23%	50
2022 Q4	$406K	Hold	9,875	–	–	0.3%	49
2022 Q3	$382K	Hold	9,875	–	–	0.29%	50
2022 Q2	$352K	Hold	9,875	–	–	0.25%	52
2022 Q1	$411K	Hold	9,875	–	–	0.27%	53
2021 Q4	$413K	Hold	9,875	–	–	0.25%	57
2021 Q3	$413K	Hold	9,875	–	–	0.24%	55
2021 Q2	$411K	Hold	9,875	–	–	0.22%	57
2021 Q1	$460K	Hold	9,875	–	–	0.25%	54
2020 Q4	$369K	Sell	9,875 -2,085	-17%	-$77.9K	0.2%	60
2020 Q3	$277K	Hold	11,960	–	–	0.19%	63
2020 Q2	$329K	Hold	11,960	–	–	0.22%	58
2020 Q1	$317K	Hold	11,960	–	–	0.25%	57
2019 Q4	$497K	Hold	11,960	–	–	0.26%	54
2019 Q3	$450K	Hold	11,960	–	–	0.25%	58
2019 Q2	$453K	Hold	11,960	–	–	0.25%	58
2019 Q1	$441K	Hold	11,960	–	–	0.25%	59
2018 Q4	$409K	Hold	11,960	–	–	0.26%	57
2018 Q3	$538K	Hold	11,960	–	–	0.28%	53
2018 Q2	$554K	Hold	11,960	–	–	0.28%	50
2018 Q1	$499K	Hold	11,960	–	–	0.26%	52
2017 Q4	$503K	Hold	11,960	–	–	0.27%	53
2017 Q3	$514K	Hold	11,960	–	–	0.27%	50
2017 Q2	$480K	Hold	11,960	–	–	0.27%	53
2017 Q1	$470K	Hold	11,960	–	–	0.25%	56
2016 Q4	$450K	Hold	11,960	–	–	0.26%	56
2016 Q3	$319K	Hold	11,960	–	–	0.2%	60
2016 Q2	$298K	Hold	11,960	–	–	0.2%	59
2016 Q1	$282K	Hold	11,960	–	–	0.19%	58
2015 Q4	$304K	Hold	11,960	–	–	0.2%	61
2015 Q3	$313K	Hold	11,960	–	–	0.22%	62
2015 Q2	$296K	Hold	11,960	–	–	0.18%	61
2015 Q1	$281K	Hold	11,960	–	–	0.16%	59
2014 Q4	$273K	Hold	11,960	–	–	0.15%	61
2014 Q3	$241K	Hold	11,960	–	–	0.15%	63
2014 Q2	$252K	Hold	11,960	–	–	0.14%	64
2014 Q1	$258K	Buy	+11,960	New	+$258K	0.15%	64