MA

Minerva Advisors Portfolio holdings

AUM $153M
1-Year Return 32.62%
This Quarter Return
+20.78%
1 Year Return
+32.62%
3 Year Return
+110.86%
5 Year Return
+244.8%
10 Year Return
+500.14%
AUM
$148M
AUM Growth
+$21.4M
Cap. Flow
+$327K
Cap. Flow %
0.22%
Top 10 Hldgs %
63.31%
Holding
83
New
1
Increased
19
Reduced
16
Closed
7

Top Buys

1
GPX
GP Strategies Corp.
GPX
$1.1M
2
SIF icon
SIFCO Industries
SIF
$857K
3
SSB icon
SouthState Bank Corporation
SSB
$796K
4
NWBI icon
Northwest Bancshares
NWBI
$563K
5
GLDD icon
Great Lakes Dredge & Dock
GLDD
$462K

Top Sells

1
INFU icon
InfuSystem Holdings
INFU
$1.27M
2
CSFL
CenterState Bank Corporation Common Stock
CSFL
$961K
3
MFSF
MutualFirst Financial Inc
MFSF
$638K
4
ASML icon
ASML
ASML
$473K
5
PBBI
PB Bancorp, Inc. Common Stock
PBBI
$436K

Sector Composition

1 Industrials 33.77%
2 Financials 17.4%
3 Healthcare 14.36%
4 Materials 10.78%
5 Consumer Discretionary 7.93%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
CECO icon
26
Ceco Environmental
CECO
$1.73B
$979K 0.66%
148,829
– –
KEQU icon
27
Kewaunee Scientific
KEQU
$162M
$894K 0.6%
96,259
+5,400
+6% +$50.2K
CZNC icon
28
Citizens & Northern Corp
CZNC
$315M
$880K 0.59%
42,900
– –
AE
29
DELISTED
Adams Resources & Energy Inc.
AE
$838K 0.56%
31,695
– –
VRS
30
DELISTED
Verso Corporation
VRS
$817K 0.55%
68,300
– –
MPB icon
31
Mid Penn Bancorp
MPB
$696M
$815K 0.55%
46,278
– –
SSB icon
32
SouthState Bank Corporation
SSB
$10.4B
$796K 0.54%
+16,725
New +$796K
ISBC
33
DELISTED
Investors Bancorp, Inc.
ISBC
$787K 0.53%
92,701
– –
CBU icon
34
Community Bank
CBU
$3.21B
$776K 0.52%
13,604
– –
MLVF
35
DELISTED
Malvern Bancorp, Inc.
MLVF
$767K 0.52%
60,010
+15,229
+34% +$195K
DLX icon
36
Deluxe
DLX
$869M
$717K 0.48%
30,438
-429
-1% -$10.1K
FNB icon
37
FNB Corp
FNB
$6.01B
$699K 0.47%
93,183
– –
VBFC
38
DELISTED
Village Bank and Trust Financial Corp.
VBFC
$677K 0.46%
23,245
– –
AUD
39
DELISTED
Audacy, Inc.
AUD
$673K 0.45%
487,586
-4,336
-0.9% -$5.99K
DLHC icon
40
DLH Holdings
DLHC
$85.9M
$672K 0.45%
92,688
+5,496
+6% +$39.8K
DWSN icon
41
Dawson Geophysical
DWSN
$49.4M
$572K 0.39%
397,763
– –
CIX icon
42
Comp X International
CIX
$295M
$551K 0.37%
39,834
+8,771
+28% +$121K
OFED
43
DELISTED
Oconee Federal Financial Corp.
OFED
$483K 0.33%
19,296
– –
ACNT icon
44
Ascent Industries
ACNT
$114M
$476K 0.32%
63,521
– –
CLBK icon
45
Columbia Financial
CLBK
$1.57B
$472K 0.32%
33,794
– –
HBNC icon
46
Horizon Bancorp
HBNC
$861M
$462K 0.31%
43,250
– –
EBMT icon
47
Eagle Bancorp Montana
EBMT
$139M
$415K 0.28%
24,180
– –
ICCH
48
DELISTED
ICC Holdings, Inc.
ICCH
$402K 0.27%
36,584
+4,942
+16% +$54.3K
RAIL icon
49
FreightCar America
RAIL
$159M
$385K 0.26%
310,148
– –
MFNC
50
DELISTED
Mackinac Financial Corporation
MFNC
$365K 0.25%
36,188
+7,500
+26% +$75.6K
1
2
3 4