MA

Minerva Advisors Portfolio holdings

AUM $153M
This Quarter Return
+7.65%
1 Year Return
+32.62%
3 Year Return
+110.86%
5 Year Return
+244.8%
10 Year Return
+500.14%
AUM
$188M
AUM Growth
+$188M
Cap. Flow
+$789K
Cap. Flow %
0.42%
Top 10 Hldgs %
55.81%
Holding
75
New
5
Increased
8
Reduced
9
Closed
–

Top Buys

1
NODK icon
NI Holdings
NODK
$1.64M
2
ICCH
ICC Holdings, Inc.
ICCH
$414K
3
SAEX
SAExploration Holdings, Inc.
SAEX
$402K
4
CSS
CSS Industries, Inc.
CSS
$400K
5
HVBC
HV Bancorp, Inc. Common Stock
HVBC
$364K

Top Sells

1
CCF
Chase Corporation
CCF
$1.31M
2
IBKC
IBERIABANK Corp
IBKC
$751K
3
KURA icon
Kura Oncology
KURA
$220K
4
STFC
State Auto Financial Corp
STFC
$123K
5
AEHR icon
Aehr Test Systems
AEHR
$120K

Sector Composition

1 Industrials 28.96%
2 Financials 19.02%
3 Materials 17.11%
4 Communication Services 12.39%
5 Consumer Discretionary 6.74%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
ONVI
26
DELISTED
Onvia, Inc.
ONVI
$2M 1.07%
455,450
+1,397
+0.3% +$6.15K
PRA icon
27
ProAssurance
PRA
$1.22B
$1.71M 0.91%
28,358
– –
NODK icon
28
NI Holdings
NODK
$266M
$1.64M 0.87%
+110,000
New +$1.64M
FNB icon
29
FNB Corp
FNB
$5.92B
$1.44M 0.77%
96,548
+2
+0% +$30
ISBC
30
DELISTED
Investors Bancorp, Inc.
ISBC
$1.33M 0.71%
92,701
– –
FSTR icon
31
Foster
FSTR
$279M
$1.32M 0.7%
106,132
– –
ASML icon
32
ASML
ASML
$290B
$1.32M 0.7%
9,911
– –
IBKC
33
DELISTED
IBERIABANK Corp
IBKC
$1.3M 0.69%
16,412
-9,500
-37% -$751K
NWBI icon
34
Northwest Bancshares
NWBI
$1.84B
$1.24M 0.66%
73,625
– –
RLOG
35
DELISTED
Rand Logistics, Inc.
RLOG
$1.15M 0.61%
1,794,669
– –
SAEX
36
DELISTED
SAExploration Holdings, Inc.
SAEX
$1.1M 0.58%
186,885
+68,421
+58% +$402K
ATRO icon
37
Astronics
ATRO
$1.3B
$1.06M 0.57%
33,489
– –
ACNT icon
38
Ascent Industries
ACNT
$113M
$1.04M 0.55%
84,755
– –
CSS
39
DELISTED
CSS Industries, Inc.
CSS
$994K 0.53%
38,338
+15,440
+67% +$400K
CZNC icon
40
Citizens & Northern Corp
CZNC
$311M
$993K 0.53%
42,900
– –
MFSF
41
DELISTED
MutualFirst Financial Inc
MFSF
$965K 0.51%
30,926
– –
JXSB
42
DELISTED
Jacksonville Bancorp Inc
JXSB
$944K 0.5%
31,145
– –
STFC
43
DELISTED
State Auto Financial Corp
STFC
$928K 0.49%
33,863
-4,489
-12% -$123K
CBU icon
44
Community Bank
CBU
$3.14B
$922K 0.49%
16,772
– –
EEI
45
DELISTED
Ecology and Environment
EEI
$783K 0.42%
78,274
– –
HBNC icon
46
Horizon Bancorp
HBNC
$853M
$781K 0.42%
29,816
– –
TFC icon
47
Truist Financial
TFC
$59.8B
$723K 0.39%
16,170
– –
VBFC
48
DELISTED
Village Bank and Trust Financial Corp.
VBFC
$574K 0.31%
21,037
– –
OFED
49
DELISTED
Oconee Federal Financial Corp.
OFED
$562K 0.3%
22,902
– –
TCF
50
DELISTED
TCF Financial Corporation Common Stock
TCF
$533K 0.28%
10,425
– –
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