Holders — by stockHoldings — by fund
Minerva Advisors LLC
Everything this manager disclosed owning in US-listed stocks — its complete Form 13F portfolio · as of 2026-06-30 · filed with the SEC up to 45 days after quarter end · CIK 0001541536
$158.3M
disclosed book value
46
positions
9.6%
largest position share
Positions, as of 2026-06-30
top 46 of 46 · 13F covers long US-listed positions only — cash, bonds, private and foreign stakes are not disclosed · PUT/CALL tags = options positions (share-equivalents), not shares held
| # | Issuer | Shares | Value | % of book |
|---|---|---|---|---|
| 1 | EMLEASTERN CO | 546,402 | $15.2M | 9.6% |
| 2 | TGTREDEGAR CORP | 1.7M | $13.3M | 8.4% |
| 3 | INFUINFUSYSTEM HLDGS INC | 1.3M | $13.0M | 8.2% |
| 4 | SIFSIFCO INDS INC | 455,650 | $10.7M | 6.7% |
| 5 | ESCAESCALADE INC | 567,222 | $10.7M | 6.7% |
| 6 | VIRCVIRCO MFG CO | 1.5M | $9.4M | 6% |
| 7 | UTMDUTAH MED PRODS INC | 93,615 | $6.5M | 4.1% |
| 8 | UFIUNIFI INC | 1.3M | $6.0M | 3.8% |
| 9 | DLHCDLH HLDGS CORP | 1.1M | $5.9M | 3.7% |
| 10 | NAVIGATOR HLDGS LTD | 296,212 | $5.5M | 3.5% |
| 11 | KEQUKEWAUNEE SCIENTIFIC CORP | 149,410 | $5.3M | 3.4% |
| 12 | SSPSCRIPPS E W CO OHIO | 1.8M | $5.1M | 3.2% |
| 13 | CACCAMDEN NATL CORP | 89,568 | $4.9M | 3.1% |
| 14 | ATROASTRONICS CORP | 55,041 | $4.5M | 2.8% |
| 15 | PBHCPATHFINDER BANCORP INC MD | 262,204 | $4.2M | 2.6% |
| 16 | RAILFREIGHTCAR AMER INC | 379,030 | $3.7M | 2.3% |
| 17 | KELYAKELLY SVCS INC | 253,162 | $3.1M | 2% |
| 18 | FSTRFOSTER L B CO | 67,922 | $3.1M | 1.9% |
| 19 | CRD/BCRAWFORD & CO | 288,178 | $3.0M | 1.9% |
| 20 | NODKNI HLDGS INC | 129,900 | $2.0M | 1.3% |
| 21 | COLUMBIA FINL INC | 89,294 | $1.9M | 1.2% |
| 22 | MPBMID PENN BANCORP INC | 54,177 | $1.9M | 1.2% |
| 23 | CFGCITIZENS FINL GROUP INC | 21,485 | $1.5M | 1% |
| 24 | EBCEASTERN BANKSHARES INC | 62,576 | $1.4M | 0.9% |
| 25 | UISUNISYS CORP | 345,347 | $1.3M | 0.8% |
| 26 | FNBF N B CORP | 64,075 | $1.2M | 0.8% |
| 27 | FRMEFIRST MERCHANTS CORP | 23,662 | $1.0M | 0.7% |
| 28 | ECBKECB BANCORP INC | 49,940 | $1.0M | 0.6% |
| 29 | CZNCCITIZENS & NORTHN CORP | 42,900 | $999,999 | 0.6% |
| 30 | CTGOCONTANGO SILVER & GOLD INC | 59,647 | $941,826 | 0.6% |
| 31 | CPBICENTRAL PLAINS BANCSHARES IN | 49,117 | $934,697 | 0.6% |
| 32 | NWFLNORWOOD FINANCIAL CORP | 28,580 | $918,847 | 0.6% |
| 33 | FMCFMC CORP | 78,000 | $897,000 | 0.6% |
| 34 | DGICADONEGAL GROUP INC | 46,490 | $876,801 | 0.6% |
| 35 | MBBCMARATHON BANCORP INC | 55,750 | $851,860 | 0.5% |
| 36 | LSBKLAKE SHORE BANCORP INC | 44,259 | $788,253 | 0.5% |
| 37 | FRBAFIRST BK WILLIAMSTOWN NEW JE | 41,143 | $729,465 | 0.5% |
| 38 | HBNCHORIZON BANCORP IND | 35,052 | $700,344 | 0.4% |
| 39 | NWBINORTHWEST BANCSHARES INC | 38,000 | $576,080 | 0.4% |
| 40 | THRYTHRYV HLDGS INC | 144,329 | $568,656 | 0.4% |
| 41 | FCFFIRST COMWLTH FINL CORP PA | 25,560 | $519,635 | 0.3% |
| 42 | EBMTEAGLE BANCORP MONT INC | 21,098 | $504,875 | 0.3% |
| 43 | RMBIRICHMOND MUT BANCORPORATION | 30,224 | $479,957 | 0.3% |
| 44 | DGICBDONEGAL GROUP INC | 17,856 | $388,904 | 0.2% |
| 45 | DLXDELUXE CORP MEDIUM TERM NTS | 13,900 | $331,932 | 0.2% |
| 46 | ASRVAMERISERV FINL INC | 58,200 | $225,816 | 0.1% |
Source: SEC Form 13F-HR, reporting period 2026-06-30. Values are the manager's filed June-30-style quarter-end marks, not live prices. Research, not investment advice.