Minerva Advisors LLC
An institutional investment manager in BALA CYNWYD, PA. Its Form 13F for the quarter ended Jun 30, 2026, filed Aug 12, 2026. SEC CIK 1541536.
- Reported value$158.3m
- Positions46
Holdings: 46 positions
The filing on sec.govAs filed, largest first. Reported value is what the manager stated for each position at the quarter end, in US dollars; it is filing data, not a price. Weight is the position's share of the total reported value. Changes compare with the 13F for the quarter ended 2026-03-31.
| Issuer | Class | CUSIP | Reported value$m | Weight | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|---|---|
| Eastern CoEML | COM | 276317104 | 15.2 | 9.6% | 546,402 | Unchanged | |
| Tredegar CorpTG | COM | 894650100 | 13.3 | 8.4% | 1,665,607 | Unchanged | |
| Infusystem Holdings IncINFU | COM | 45685K102 | 13.0 | 8.2% | 1,348,617 | Added+144,512 | |
| Sifco Inds IncSIF | COM | 826546103 | 10.7 | 6.7% | 455,650 | Reduced−25,000 | |
| Escalade IncESCA | COM | 296056104 | 10.7 | 6.7% | 567,222 | Reduced−399 | |
| Virco MFG CoVIRC | COM | 927651109 | 9.4 | 6.0% | 1,535,454 | Added+18,002 | |
| Utah Med Prods IncUTMD | COM | 917488108 | 6.5 | 4.1% | 93,615 | Unchanged | |
| Unifi IncUFI | COM NEW | 904677200 | 6.0 | 3.8% | 1,258,792 | Added+166 | |
| DLH Holdings CorpDLHC | COM | 23335Q100 | 5.9 | 3.7% | 1,116,368 | Added+3,331 | |
| Navigator Holdings Ltd | SHS | Y62132108 | 5.5 | 3.5% | 296,212 | Unchanged | |
| Kewaunee Scientific CorpKEQU | COM | 492854104 | 5.3 | 3.4% | 149,410 | Added+12,705 | |
| Scripps E W Co OhioSSP | CL A NEW | 811054402 | 5.1 | 3.2% | 1,832,707 | Added+306,217 | |
| Camden Natl CorpCAC | COM | 133034108 | 4.9 | 3.1% | 89,568 | Unchanged | |
| Astronics CorpATRO | COM | 046433108 | 4.5 | 2.8% | 55,041 | Reduced−15,299 | |
| Pathfinder Bancorp Inc MDPBHC | COM | 70319R109 | 4.2 | 2.6% | 262,204 | Unchanged | |
| Freightcar Amer IncRAIL | COM | 357023100 | 3.7 | 2.3% | 379,030 | Added+38,007 | |
| Kelly SVCS IncKELYA | CL A | 488152208 | 3.1 | 2.0% | 253,162 | Added+53,366 | |
| Foster L B CoFSTR | COM | 350060109 | 3.1 | 1.9% | 67,922 | Reduced−16,043 | |
| Crawford & CoCRD-A | CL B | 224633107 | 3.0 | 1.9% | 288,178 | Unchanged | |
| NI Holdings IncNODK | COM | 65342T106 | 2.0 | 1.3% | 129,900 | Unchanged | |
| Columbia Finl Inc | COM | 197641103 | 1.9 | 1.2% | 89,294 | Added+55,500 | |
| MID Penn Bancorp IncMPB | COM | 59540G107 | 1.9 | 1.2% | 54,177 | Unchanged | |
| Citizens Finl Group IncCFG | COM | 174610105 | 1.5 | 1.0% | 21,485 | Unchanged | |
| Eastern Bankshares IncEBC | COM | 27627N105 | 1.4 | 0.9% | 62,576 | Unchanged | |
| Unisys CorpUIS | COM NEW | 909214306 | 1.3 | 0.8% | 345,347 | Unchanged | |
| F N B CorpFNB | COM | 302520101 | 1.2 | 0.8% | 64,075 | Unchanged | |
| First Merchants CorpFRME | COM | 320817109 | 1.0 | 0.7% | 23,662 | Unchanged | |
| ECB Bancorp IncECBK | COM | 26828M106 | 1.0 | 0.6% | 49,940 | Unchanged | |
| Citizens & Northn CorpCZNC | COM | 172922106 | 1.0 | 0.6% | 42,900 | Unchanged | |
| Contango Silver & Gold IncCTGO | COM | 21077F100 | 0.9 | 0.6% | 59,647 | Unchanged | |
| Central Plains Bancshares inCPBI | COM | 15486W100 | 0.9 | 0.6% | 49,117 | Unchanged | |
| Norwood Financial CorpNWFL | COM | 669549107 | 0.9 | 0.6% | 28,580 | Unchanged | |
| FMC CorpFMC | COM NEW | 302491303 | 0.9 | 0.6% | 78,000 | Added+30,000 | |
| Donegal Group IncDGICA | CL A | 257701201 | 0.9 | 0.6% | 46,490 | Unchanged | |
| Marathon Bancorp IncMBBC | COM NEW | 565759206 | 0.9 | 0.5% | 55,750 | Reduced−3,226 | |
| Lake Shore Bancorp IncLSBK | COM | 510704109 | 0.8 | 0.5% | 44,259 | Unchanged | |
| First BK Williamstown New Je | COM | 31931U102 | 0.7 | 0.5% | 41,143 | Unchanged | |
| Horizon Bancorp IndHBNC | COM | 440407104 | 0.7 | 0.4% | 35,052 | Unchanged | |
| Northwest Bancshares IncNWBI | COM | 667340103 | 0.6 | 0.4% | 38,000 | Unchanged | |
| Thryv Holdings IncTHRY | COM NEW | 886029206 | 0.6 | 0.4% | 144,329 | Unchanged | |
| First Comwlth Finl Corp PaFCF | COM | 319829107 | 0.5 | 0.3% | 25,560 | Unchanged | |
| Eagle Bancorp Mont IncEBMT | COM | 26942G100 | 0.5 | 0.3% | 21,098 | Unchanged | |
| Richmond Mut BancorporationRMBI | COM | 76525P100 | 0.5 | 0.3% | 30,224 | Unchanged | |
| Donegal Group IncDGICA | CL B | 257701300 | 0.4 | 0.2% | 17,856 | Unchanged | |
| Deluxe Corp Medium Term NTSDLX | COM | 248019101 | 0.3 | 0.2% | 13,900 | Unchanged | |
| Ameriserv Finl IncASRV | COM | 03074A102 | 0.2 | 0.1% | 58,200 | Unchanged |
Sold out: 2 positions
Held at the end of the quarter before and not reported this quarter.
| Issuer | Class | CUSIP | Reported value$ | Weight | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|---|---|
| Great Lakes Dredge & Dock Co | COM | 390607109 | 0.0 | 0.0% | 0 | Sold out−1,029,703 | |
| Proassurance Corp | COM | 74267C106 | 0.0 | 0.0% | 0 | Sold out−17,234 |
Source: SEC EDGAR, Form 13F-HR, accession 0001420506-26-001549 (on sec.gov). Last ingested by Listed: Oct 22, 2026, 05:26 ET. Listed shows no prices and gives no investment advice.