We are live on ! Find out more
MA

Minerva Advisors Portfolio holdings

AUM $155M
1-Year Est. Return 35.49%
This Fund
S&P 500
This Quarter Est. Return
+6.26%
1 Year Est. Return
+35.49%
3 Year Est. Return
+149.41%
5 Year Est. Return
+142.03%
10 Year Est. Return
+662.71%
AUM
$163M
AUM Growth
+$3.31M
Cap. Flow
+$386K
Cap. Flow %
0.24%
Top 10 Hldgs %
62.67%
Holding
60
New
1
Increased
9
Reduced
9
Closed
1

Top Buys

Rank Stock Value
1
UFI icon
UNIFI
UFI
+$1.72M
2
HONE
HarborOne Bancorp
HONE
+$780K
3
TG icon
Tredegar Corp
TG
+$626K
4
SSP icon
E.W. Scripps
SSP
+$481K
5
GLDD
Great Lakes Dredge & Dock
GLDD
+$298K

Top Sells

Rank Stock Value
1
KEQU icon
Kewaunee Scientific
KEQU
+$883K
2
USLM icon
United States Lime & Minerals
USLM
+$850K
3
CECO icon
Ceco Environmental
CECO
+$846K
4
CIX icon
Comp X International
CIX
+$704K
5
DORM icon
Dorman Products
DORM
+$388K

Sector Composition

Rank Sector Weight
1 Industrials 38.7%
2 Consumer Discretionary 17.84%
3 Financials 14.81%
4 Materials 12%
5 Communication Services 4.89%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SIF icon
26
SIFCO Industries
SIF
$165M
$1.2M 0.74%
378,608
– –
CECO icon
27
Ceco Environmental
CECO
$3.89B
$1.13M 0.69%
49,128
-41,030
-46% -$846K
MPB icon
28
Mid Penn Bancorp
MPB
$968M
$1.04M 0.63%
51,732
– –
FNB icon
29
FNB Corp
FNB
$6.74B
$903K 0.55%
64,075
– –
CFG icon
30
Citizens Financial Group
CFG
$30.3B
$856K 0.52%
23,585
– –
VBFC
31
DELISTED
Village Bank and Trust Financial Corp.
VBFC
$822K 0.5%
19,745
– –
CZNC icon
32
Citizens & Northern Corp
CZNC
$455M
$798K 0.49%
42,900
– –
HONE
33
DELISTED
HarborOne Bancorp
HONE
$770K 0.47%
+72,414
New +$780K
DGICA icon
34
Donegal Group Class A
DGICA
$719M
$656K 0.4%
46,490
– –
CLBK icon
35
Columbia Financial
CLBK
$1.12B
$582K 0.36%
33,794
– –
FRBA icon
36
First Bank
FRBA
$463M
$563K 0.34%
41,143
– –
ACNT icon
37
Ascent Industries
ACNT
$140M
$556K 0.34%
55,593
– –
ICCH
38
DELISTED
ICC Holdings, Inc.
ICCH
$534K 0.33%
33,367
– –
SSB icon
39
SouthState Bank Corp
SSB
$10.2B
$481K 0.29%
5,661
– –
CPBI icon
40
Central Plains Bancshares
CPBI
$83.3M
$461K 0.28%
45,071
+15,676
+53% +$162K
HBNC icon
41
Horizon Bancorp
HBNC
$1.05B
$449K 0.27%
35,052
– –
NWBI icon
42
Northwest Bancshares
NWBI
$2.3B
$443K 0.27%
38,000
– –
ECBK icon
43
ECB Bancorp
ECBK
$177M
$418K 0.26%
32,365
– –
CZFS icon
44
Citizens Financial Services
CZFS
$361M
$380K 0.23%
7,881
– –
USLM icon
45
United States Lime & Minerals
USLM
$3.14B
$371K 0.23%
6,250
-16,480
-73% -$850K
NWFL icon
46
Norwood Financial Corp
NWFL
$367M
$367K 0.22%
13,681
– –
FCF icon
47
First Commonwealth Financial
FCF
$2.17B
$355K 0.22%
25,560
– –
LSBK icon
48
Lake Shore Bancorp
LSBK
$135M
$349K 0.21%
30,118
– –
FRME icon
49
First Merchants
FRME
$2.69B
$344K 0.21%
9,875
– –
RMBI icon
50
Richmond Mutual Bancorp
RMBI
$250M
$334K 0.2%
30,000
– –
1
2
3

Similar funds

OL
OneFund LLC Saint Petersburg, Florida $155M AUM 28.34% 1-Year Est. Return
TL
TowerView LLC New York $155M AUM 30.14% 1-Year Est. Return
AF
AtlasMark Financial Austin, Texas $155M AUM 17.25% 1-Year Est. Return
MLIM
Mountain Lake Investment Management Boca Raton, Florida $155M AUM 38.76% 1-Year Est. Return
ALAM
Asahi Life Asset Management Tokyo, Japan $155M AUM 28.74% 1-Year Est. Return
LWM
LeConte Wealth Management Maryville, Tennessee $155M AUM 18.37% 1-Year Est. Return
RPGNY
Retirement Planning Group (New York) Malta, New York $155M AUM 18.02% 1-Year Est. Return
ECA
Elevate Capital Advisors Eagle, Colorado $155M AUM 17.18% 1-Year Est. Return

Minerva Advisors's Q1 2024 Portfolio in Review

As of Q1 2024, Minerva Advisors held 60 positions worth $163M, up 2.1% from $160M the previous quarter. Its ten largest holdings account for 63% of the portfolio.

Trading was light in Q1 2024: portfolio turnover was 3.3%. Minerva Advisors opened 1 new position and exited 1, leaving the 60-position portfolio largely intact.

By sector, the portfolio is most concentrated in Industrials at 39% of assets, up from 33% a quarter earlier, followed by Consumer Discretionary and Financials.

  • Minerva Advisors's largest Q1 2024 buy was HarborOne Bancorp: 72,414 shares worth $770K.
  • Minerva Advisors added most to UNIFI in Q1 2024, an estimated $1.72M increase.
  • Minerva Advisors's biggest Q1 2024 reduction was Kewaunee Scientific, cutting an estimated $883K.
  • Minerva Advisors fully exited Comp X International in Q1 2024, selling an estimated $704K.
  • Minerva Advisors's ten largest holdings make up 63% of its $163M portfolio in Q1 2024.
  • Minerva Advisors opened 1 new position and closed 1 in Q1 2024.
  • Minerva Advisors's portfolio value rose 2.1% quarter-over-quarter to $163M.

Based on Minerva Advisors's 13F filing for Q1 2024, filed 14 May 2024.