Minerva Advisors LLC Q4 2025 Filing
Filed February 9, 2026
Portfolio Value
$149.7B
Holdings
57
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (57 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | GLDDGREAT LAKES DREDGE & DOCK CO | 1,389,807 | $18.2B | 12.18% | |
| 2 | TGTREDEGAR CORP | 1,657,107 | $11.9B | 7.95% | |
| 3 | EMLEASTERN CO | 529,084 | $10.4B | 6.96% | |
| 4 | INFUINFUSYSTEM HLDGS INC | 1,078,731 | $9.7B | 6.46% | |
| 5 | VIRCVIRCO MFG CO | 1,448,198 | $9.3B | 6.18% | |
| 6 | ESCAESCALADE INC | 567,621 | $7.7B | 5.11% | |
| 7 | DLHCDLH HLDGS CORP | 1,113,057 | $6.3B | 4.20% | |
| 8 | ATROASTRONICS CORP | 102,244 | $5.5B | 3.70% | |
| 9 | SSPSCRIPPS E W CO OHIO | 1,385,920 | $5.5B | 3.69% | |
| 10 | UTMUTAH MED PRODS INC | 93,615 | $5.2B | 3.50% | |
| 11 | NVGSNAVIGATOR HLDGS LTD | 301,212 | $5.2B | 3.48% | |
| 12 | KEQUKEWAUNEE SCIENTIFIC CORP | 121,863 | $4.6B | 3.04% | |
| 13 | UFIUNIFI INC | 1,222,420 | $4.3B | 2.86% | |
| 14 | CACCAMDEN NATL CORP | 89,568 | $3.9B | 2.59% | |
| 15 | PBHCPATHFINDER BANCORP INC MD | 262,204 | $3.7B | 2.47% | |
| 16 | CRD/BCRAWFORD & CO | 288,178 | $3.1B | 2.06% | |
| 17 | RAILFREIGHTCAR AMER INC | 267,046 | $3.0B | 1.97% | |
| 18 | SIFSIFCO INDS INC | 488,984 | $2.7B | 1.82% | |
| 19 | FSTRFOSTER L B CO | 83,965 | $2.3B | 1.51% | |
| 20 | CTGOCONTANGO ORE INC | 76,147 | $2.0B | 1.34% | |
| 21 | NODKNI HLDGS INC | 129,900 | $1.7B | 1.15% | |
| 22 | MPBMID PENN BANCORP INC | 54,177 | $1.7B | 1.12% | |
| 23 | CFGCITIZENS FINL GROUP INC | 21,485 | $1.3B | 0.84% | |
| 24 | EBCEASTERN BANKSHARES INC | 62,576 | $1.2B | 0.77% | |
| 25 | FNBF N B CORP | 64,075 | $1.1B | 0.73% | |
| 26 | DORMDORMAN PRODS INC | 8,590 | $1.1B | 0.71% | |
| 27 | UISUNISYS CORP | 345,347 | $952.0M | 0.64% | |
| 28 | DGICADONEGAL GROUP INC | 46,490 | $928.0M | 0.62% | |
| 29 | THRYTHRYV HLDGS INC | 148,329 | $897.0M | 0.60% | |
| 30 | ECBKECB BANCORP INC | 49,940 | $868.0M | 0.58% | |
| 31 | CZNCCITIZENS & NORTHN CORP | 42,900 | $864.0M | 0.58% | |
| 32 | CPBICENTRAL PLAINS BANCSHARES IN | 49,117 | $830.0M | 0.55% | |
| 33 | USLMUNITED STS LIME & MINERALS I | 6,250 | $748.0M | 0.50% | |
| 34 | MBBCMARATHON BANCORP INC | 58,976 | $716.0M | 0.48% | |
| 35 | FRBAFIRST BK WILLIAMSTOWN NEW JE | 41,143 | $676.0M | 0.45% | |
| 36 | FMCFMC CORP | 48,000 | $665.0M | 0.44% | |
| 37 | LSBKLAKE SHORE BANCORP INC | 44,259 | $648.0M | 0.43% | |
| 38 | HBNCHORIZON BANCORP INC | 35,052 | $593.0M | 0.40% | |
| 39 | SSBSOUTHSTATE BK CORP | 5,661 | $532.0M | 0.36% | |
| 40 | CLBKCOLUMBIA FINL INC | 33,794 | $525.0M | 0.35% | |
| 41 | FSFGFIRST SVGS FINL GROUP INC | 16,221 | $516.0M | 0.34% | |
| 42 | KELYAKELLY SVCS INC | 58,400 | $513.0M | 0.34% | |
| 43 | ACNTASCENT INDUSTRIES CO | 30,415 | $492.0M | 0.33% | |
| 44 | NWBINORTHWEST BANCSHARES INC MD | 38,000 | $456.0M | 0.30% | |
| 45 | CZFSCITIZENS FINL SVCS INC | 7,881 | $449.0M | 0.30% | |
| 46 | PBBKPB BANKSHARES INC | 20,560 | $433.0M | 0.29% | |
| 47 | FCFFIRST COMWLTH FINL CORP PA | 25,560 | $430.0M | 0.29% | |
| 48 | RMBIRICHMOND MUT BANCORPORATION | 30,224 | $424.0M | 0.28% | |
| 49 | EBMTEAGLE BANCORP MONT INC | 21,098 | $419.0M | 0.28% | |
| 50 | PRAPROASSURANCE CORP | 17,234 | $416.0M | 0.28% | |
| 51 | NWFLNORWOOD FINANCIAL CORP | 13,681 | $383.0M | 0.26% | |
| 52 | CBUCOMMUNITY FINANCIAL SYSTEM I | 6,618 | $380.0M | 0.25% | |
| 53 | FRMEFIRST MERCHANTS CORP | 9,875 | $369.0M | 0.25% | |
| 54 | SGASAGA COMMUNICATIONS INC | 31,831 | $364.0M | 0.24% | |
| 55 | DGICBDONEGAL GROUP INC | 17,856 | $315.0M | 0.21% | |
| 56 | DLXDELUXE CORP | 13,900 | $310.0M | 0.21% | |
| 57 | ASRVAMERISERV FINL INC | 58,200 | $185.0M | 0.12% |