Minerva Advisors LLC

CIK: 0001541536Latest portfolio: $149.7M · Q4 2025

Holdings

57

Total Value

$149.7M

New Positions

2

Closed Positions

1

#StockSharesValue% PortfolioChangeType
1
GLDDGREAT LAKES DREDGE & DOCK CO
1,389,807$18.2M12.18%
2
TGTREDEGAR CORP
1,657,107$11.9M7.95%
3
EMLEASTERN CO
529,084$10.4M6.96%-969
4
INFUINFUSYSTEM HLDGS INC
1,078,731$9.7M6.46%+53K
5
VIRCVIRCO MFG CO
1,448,198$9.3M6.18%+86K
6
ESCAESCALADE INC
567,621$7.7M5.11%+17K
7
DLHCDLH HLDGS CORP
1,113,057$6.3M4.20%-3,745
8
ATROASTRONICS CORP
102,244$5.5M3.70%-92,797
9
SSPSCRIPPS E W CO OHIO
1,385,920$5.5M3.69%
10
UTMUTAH MED PRODS INC
93,615$5.2M3.50%+557
11
NVGSNAVIGATOR HLDGS LTD
301,212$5.2M3.48%
12
KEQUKEWAUNEE SCIENTIFIC CORP
121,863$4.6M3.04%+42K
13
UFIUNIFI INC
1,222,420$4.3M2.86%+70K
14
CACCAMDEN NATL CORP
89,568$3.9M2.59%
15
PBHCPATHFINDER BANCORP INC MD
262,204$3.7M2.47%
16
CRD/BCRAWFORD & CO
288,178$3.1M2.06%-156
17
RAILFREIGHTCAR AMER INC
267,046$3.0M1.97%+9K
18
SIFSIFCO INDS INC
488,984$2.7M1.82%+22K
19
FSTRFOSTER L B CO
83,965$2.3M1.51%
20
CTGOCONTANGO ORE INC
76,147$2.0M1.34%
21
NODKNI HLDGS INC
129,900$1.7M1.15%
22
MPBMID PENN BANCORP INC
54,177$1.7M1.12%
23
CFGCITIZENS FINL GROUP INC
21,485$1.3M0.84%
24
EBCEASTERN BANKSHARES INC
62,576$1.2M0.77%NEW
25
FNBF N B CORP
64,075$1.1M0.73%

Quarterly Changes

New Positions

Closed Positions

Increased Positions

NameSharesChange
VIRC1.4M+86K
UFI1.2M+70K
INFU1.1M+53K
SIF489K+22K
KELYA58K+18K
ESCA568K+17K
RAIL267K+9K
UTM94K+557
RMBI30K+224
SGA32K+-194857

Decreased Positions

NameSharesChange
ATRO102K-92797
THRY148K-54000
DLHC1.1M-3745
EML529K-969
CRD/B288K-156
KEQU122K42K

Sector Breakdown

Financial Services0.0% ($3.885369817271679e+81T)
Industrials0.0% ($1.8233118971041661e+28T)
Consumer Cyclical0.0% ($92537656455.8T)
Unknown0.0% ($52383.1T)
Communication Services0.0% ($5529.9T)
Basic Materials0.0% ($2010.7T)
Healthcare0.0% ($9.7M)
Energy0.0% ($5.2M)
Technology0.0% ($952K)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 9, 2026$149.7M104
Q3 2025Nov 12, 2025$157.5B103
Q2 2025Aug 13, 2025$152.6B0
Q1 2025May 8, 2025$140.7B101
Q4 2024Feb 4, 2025$171.0B105

Fund Information

CIK0001541536
Most Recent FilingFeb 9, 2026
Number of Filings5

Minerva Advisors LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $149.7M across 57 holdings. The largest position is GREAT LAKES DREDGE & DOCK CO (GLDD), representing 12.2% of the portfolio. Compared to the previous quarter, the fund opened 2 new positions and closed 1 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.