Minerva Advisors LLC Q1 2025 Filing

Filed May 8, 2025

Portfolio Value

$140.7B

Holdings

55

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (55 positions)

#StockSharesValue% PortfolioType
1
EMLEASTERN CO
505,987$12.8B9.11%
2
TGTREDEGAR CORP
1,657,107$12.8B9.07%
3
GLDDGREAT LAKES DREDGE & DOCK CO
1,389,807$12.1B8.59%
4
VIRCVIRCO MANUFACTURING CO
1,210,455$11.5B8.14%
5
ATROASTRONICS CORP
463,105$11.2B7.96%
6
ESCAESCALADE INC
537,814$8.2B5.85%
7
ICC HOLDINGS INC
910,677$4.9B3.48%
8
UTMUTAL MED PRODS INC
86,902$4.9B3.46%
9
UFIUNIFI INC
907,774$4.4B3.10%
10
PBHCPATHFINDER BANCORP INC
262,204$4.3B3.06%
11
DLHCDLH HOLDINGS CORP
1,018,397$4.1B2.93%
12
NVGSNAVIGATOR HOLDINGS LTD
301,212$4.0B2.85%
13
SSPSCRIPPS E W CO OHIO
1,259,842$3.7B2.65%
14
CACCAMDEN NATIONAL CORP
89,568$3.6B2.58%
15
CRD/BCRAWFORD & CO CL B
276,688$3.2B2.25%
16
KEQUKEWAUNEE SCIENTIFIC CP
73,765$2.9B2.06%
17
SGASAGA COMMUNICATIONS INC
226,688$2.8B2.01%
18
THRYTHRYV HOLDINGS IINC
202,329$2.6B1.84%
19
NODKNI HOLDINGS INC
129,900$1.9B1.32%
20
UISUNISYS CORP
345,347$1.6B1.13%
21
VILLAGE BANK & TRUST FIN CO
19,745$1.6B1.13%
22
FSTRFOSTER L B CO
79,798$1.6B1.12%
23
MPBMID PENN BANCORP
51,732$1.3B0.95%
24
SIFSIFCO INDUSTRIES INC
466,751$1.3B0.92%
25
RAILFREIGHTCAR AMERICA INC
219,005$1.2B0.86%
26
DORMDORMAN PRODUCTS INC
8,590$1.0B0.74%
27
CFGCITIZENS FINL GROUP INC
23,585$966.3M0.69%
28
1S4HARBOR ONE BANCORP INC NEW
88,414$916.9M0.65%
29
DGICADONEGAL GROUP INC
46,490$912.6M0.65%
30
CZNCCITIZENS & NORTHERN CORP
42,900$863.1M0.61%
31
FNBFNB CORP
64,075$861.8M0.61%
32
ECBKECB BANCORP INC
49,940$756.6M0.54%
33
CPBICENTRAL PLAINS BANCSHARES INC
49,117$732.8M0.52%
34
CTGOCONTANGO ORE INC
70,147$716.2M0.51%
35
FRBAFIRST BANK WILLIAMSTOWN NJ
41,143$609.3M0.43%
36
USLMUS LIME & MINERAL
6,250$552.4M0.39%
37
HBNCHORIZON BANCORP INDIANA
35,052$528.6M0.38%
38
SSBUSDSOUTH STATE CORP
5,661$525.5M0.37%
39
CLBKCOLUMBIA FINANCIAL
33,794$506.9M0.36%
40
LSBKLAKE SHORE BANCORP INC
30,118$475.9M0.34%
41
NWBINORTHWEST BANCSHARES INC
38,000$456.8M0.32%
42
CZFSCITIZENS FINL SVCS INC
7,803$453.0M0.32%
43
FSFGFIRST SAVINGS FINANCIAL GP INC
16,221$417.9M0.30%
44
PRAPROASSURANCE CORP
17,234$402.4M0.29%
45
FRMEFIRST MERCHANTS CORP
9,875$399.3M0.28%
46
FCFFIRST COMMONWEALTH FINANCIAL
25,560$397.2M0.28%
47
ACNTASCENT INDUSTRIES
30,415$385.1M0.27%
48
RMBIRICHMOND MUTUAL
30,000$384.0M0.27%
49
CBUCOMMUNITY BANK SYS INC
6,618$376.3M0.27%
50
EBMTEAGLE BANCORP MONT INC
21,098$353.4M0.25%
51
PBBKPB BANCSHARES INC
20,560$338.2M0.24%
52
NWFLNORWOOD FINANCIAL CORP
13,681$330.7M0.24%
53
DGICBDONEGAL GROUP INC
17,856$295.5M0.21%
54
DLXDELUXE CORP
13,900$219.8M0.16%
55
ASRVAMERISERV FINANC INC
58,200$141.4M0.10%