MA

Minerva Advisors Portfolio holdings

AUM $153M
This Quarter Return
+3.83%
1 Year Return
+32.62%
3 Year Return
+110.86%
5 Year Return
+244.8%
10 Year Return
+500.14%
AUM
$172M
AUM Growth
+$172M
Cap. Flow
-$6.78M
Cap. Flow %
-3.94%
Top 10 Hldgs %
55.58%
Holding
78
New
1
Increased
14
Reduced
4
Closed
7

Top Buys

1
SSP icon
E.W. Scripps
SSP
$6.97M
2
CTG
Computer Task Group, Inc.
CTG
$2.78M
3
JMG
JOURNAL MEDIA GROUP INC COM
JMG
$1.72M
4
DWSN icon
Dawson Geophysical
DWSN
$1.36M
5
RLOG
Rand Logistics, Inc.
RLOG
$871K

Top Sells

1
APAGF
APCO OIL AND GAS INTERNATIONAL INC
APAGF
$7.92M
2
JRN
JOURNAL COMMUNICATIONS INC CL-A
JRN
$6.71M
3
KS
KapStone Paper and Pack Corp.
KS
$1.89M
4
DWSN
DAWSON GEOPHYSICAL CO
DWSN
$1.74M
5
CIMT
CIMATRON LTD ORD SHS
CIMT
$1.68M

Sector Composition

1 Industrials 30.86%
2 Materials 15.17%
3 Communication Services 14.01%
4 Financials 13.31%
5 Consumer Discretionary 6.54%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
LSBK icon
51
Lake Shore Bancorp
LSBK
$105M
$398K 0.23%
29,669
– –
DGICB
52
Donegal Group Class B
DGICB
$543M
$391K 0.23%
21,506
– –
TG icon
53
Tredegar Corp
TG
$265M
$389K 0.23%
19,377
– –
EMCF
54
DELISTED
Emclaire Financial Corp
EMCF
$382K 0.22%
15,359
– –
ASRV icon
55
AmeriServ Financial
ASRV
$50.1M
$352K 0.2%
119,000
+66,800
+128% +$198K
BNCL
56
DELISTED
Beneficial Bancorp, Inc.
BNCL
$341K 0.2%
30,231
-1
-0% -$11
MTSL
57
DELISTED
MER TELEMANAGEMENT SOLUTNS LTD
MTSL
$339K 0.2%
222,625
+24,834
+13% +$37.8K
SIF icon
58
SIFCO Industries
SIF
$42.3M
$327K 0.19%
15,000
– –
FRME icon
59
First Merchants
FRME
$2.38B
$281K 0.16%
11,960
– –
EBMT icon
60
Eagle Bancorp Montana
EBMT
$138M
$279K 0.16%
25,598
– –
CMSB
61
DELISTED
CMS BANCORP, INC. COM
CMSB
$258K 0.15%
19,775
– –
KOSS icon
62
Koss Corp
KOSS
$58.6M
$241K 0.14%
106,555
+200
+0.2% +$452
MAMS
63
DELISTED
MAM Software Group Inc. New
MAMS
$226K 0.13%
41,113
– –
PBCT
64
DELISTED
People's United Financial Inc
PBCT
$221K 0.13%
14,518
– –
WSBF icon
65
Waterstone Financial
WSBF
$275M
$205K 0.12%
16,000
– –
PSBH
66
DELISTED
PSB HOLDINGS INC
PSBH
$195K 0.11%
25,897
– –
AEHR icon
67
Aehr Test Systems
AEHR
$734M
$134K 0.08%
58,702
– –
BZC
68
DELISTED
BREEZE-EASTERN CORPORATION COM
BZC
$133K 0.08%
13,000
– –
MOC
69
DELISTED
Command Security Corporation
MOC
$59K 0.03%
30,550
-8,000
-21% -$15.5K
ASXC
70
DELISTED
Asensus Surgical, Inc.
ASXC
$54K 0.03%
1,411
– –
IDXG
71
DELISTED
Interpace Biosciences, Inc. Common Stock
IDXG
$30K 0.02%
222
– –
HNRG icon
72
Hallador Energy
HNRG
$703M
– –
-16,720
Closed -$185K
SGC icon
73
Superior Group of Companies
SGC
$203M
– –
-35,600
Closed -$517K
MCP
74
DELISTED
MOLYCORP INC COM STK
MCP
– –
-15,593
Closed -$14K
JRN
75
DELISTED
JOURNAL COMMUNICATIONS INC CL-A
JRN
– –
-587,077
Closed -$6.71M
1 2
3
4