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CIK: 0001541536
Total reported value
$158.3M
$158.3M
56 檔
40.2%
According to the latest 13F quarterly dataset, Minerva Advisors LLC managed an equity portfolio of $158.3M at the end of Q3 2025, spanning 56 distinct U.S. exchange-listed positions.
In Q3 2025, Minerva Advisors LLC displayed an active expansion posture, initiating 4 new positions and adding to 16 existing holdings, outstripping position reductions.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | GLDD | Great Lakes Dredge & Dock Co | Stock-Other | 10.58% | -11.30% | EXIT | |
| 2 | TG | Tredegar CORP | Stock-Other | 8.45% | -0.17% | — | |
| 3 | EML | Eastern Co/the | Stock-Other | 7.90% | +2.47% | +0.95% | |
| 4 | INFU | Infusystem Holdings Inc | Stock-Other | 6.75% | +1.05% | +3.12% | |
| 5 | VIRC | Virco Mfg Corporation | Stock-Other | 6.71% | -0.03% | +6.15% | |
| 6 | ATRO | Astronics CORP | Stock-Other | 5.65% | -0.20% | -23.78% | |
| 7 | ESCA | Escalade Inc | Stock-Other | 4.39% | +0.44% | +2.30% | |
| 8 | DLHC | Dlh Holdings CORP | Stock-Other | 4.01% | -0.48% | +0.55% | |
| 9 | UTMD | Utah Medical Products Inc | Stock-Other | 3.72% | +0.33% | — | |
| 10 | UFI | Unifi Inc | Stock-Other | 3.48% | +0.88% | +6.20% | |
| 11 | NVGS | Navigator Holdings Ltd. | Stock-Other | 2.96% | -0.21% | — | |
| 12 | PBHC | Pathfinder Bancorp Inc | Stock-Other | 2.61% | +0.47% | — | |
| 13 | CAC | Camden National CORP | Stock-Other | 2.20% | +0.33% | — | |
| 14 | KEQU | Kewaunee Scientific Cp | Stock-Other | 2.17% | +0.33% | +3.66% | |
| 15 | SSP | Ew Scripps Co/the-a | Stock-Other | 2.17% | -0.46% | +10.01% | |
| 16 | SIF | Sifco Industries | Stock-Other | 2.09% | +2.61% | — | |
| 17 | SGA | Saga Communications Inc-cl A | Stock-Other | 1.79% | — | — | |
| 18 | CRD-B | Crawford & Co -cl B | Stock-Other | 1.79% | +0.01% | +2.36% | |
| 19 | RAIL | Freightcar America Inc | Stock-Other | 1.61% | +0.58% | +18.05% | |
| 20 | THRY | Thryv Holdings Inc | Stock-Other | 1.55% | +0.10% | — | |
| 21 | FSTR | Foster (lb) Co-a | Stock-Other | 1.44% | +0.43% | — | |
| 22 | CTGO | Contango Silver & Gold Inc | Stock-Other | 1.21% | -0.12% | — | |
| 23 | NODK | Ni Holdings Inc | Stock-Other | 1.12% | +0.21% | — | |
| 24 | MPB | Mid Penn Bancorp Inc | Stock-Other | 0.99% | +0.07% | — | |
| 25 | UIS | Unisys CORP | Stock-Other | 0.86% | +0.34% | — | |
| 26 | DORM | Dorman Products Inc | Stock-Consumer Disc | 0.85% | — | — | |
| 27 | 1S4 | Harborone Bancorp Inc | Stock-Other | 0.76% | — | — | |
| 28 | CFG | Citizens Financial Group | Stock-Financials | 0.73% | +0.12% | -8.90% | |
| 29 | FNB | Fnb CORP | Stock-Financials | 0.66% | +0.08% | — | |
| 30 | DGICA | Donegal Group Inc-cl A | Stock-Other | 0.57% | +0.03% | — | |
| 31 | CZNC | Citizens & Northern CORP | Stock-Other | 0.54% | +0.01% | — | |
| 32 | USLM | United States Lime & Mineral | Stock-Other | 0.52% | — | — | |
| 33 | CPBI | Central Plains Bancshares In | Stock-Other | 0.51% | +0.05% | — | |
| 34 | ECBK | Ecb Bancorp Inc | Stock-Other | 0.50% | +0.09% | — | |
| 35 | FRBA | First Bank/hamilton Nj | Stock-Other | 0.43% | +0.04% | — | |
| 36 | MBBC | Marathon Bancorp Inc | Stock-Other | 0.39% | +0.02% | +7.78% | |
| 37 | LSBK | Lake Shore Bancorp Inc/md | Stock-Other | 0.37% | +0.07% | — | |
| 38 | HBNC | Horizon Bancorp Inc/in | Stock-Other | 0.36% | +0.07% | — | |
| 39 | SSB | Southstate Bank CORP | Stock-Financials | 0.36% | — | — | |
| 40 | KELYA | Kelly Services Inc -a | Stock-Other | 0.33% | +0.82% | — | |
| 41 | FSFG | First Savings Financial Grp | Stock-Other | 0.32% | — | — | |
| 42 | CLBK | Columbia Financial Inc | Stock-Other | 0.32% | +0.82% | — | |
| 43 | CZFS | Citizens Financial Services | Stock-Other | 0.30% | — | — | |
| 44 | NWBI | Northwest Bancshares Inc | Stock-Other | 0.30% | +0.05% | — | |
| 45 | FCF | First Commonwealth Finl CORP | Stock-Other | 0.28% | +0.04% | — | |
| 46 | RMBI | Richmond Mutual Bancorporati | Stock-Other | 0.27% | +0.04% | — | |
| 47 | PRA | Proassurance CORP | Stock-Other | 0.26% | -0.28% | EXIT | |
| 48 | PBBK | Pb Bankshares Inc | Stock-Other | 0.25% | — | — | |
| 49 | ACNT | Ascent Industries Co | Stock-Other | 0.25% | — | — | |
| 50 | CBU | Community Financial System I | Stock-Other | 0.25% | — | — |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | INFU | Infusystem Holdings Inc | +3.3% | +3.12% | Add |
| 2 | GLDD | Great Lakes Dredge & Dock Co | +2% | — | Unchanged |
| 3 | SIF | Sifco Industries | +1.2% | — | Add |
| 4 | DLHC | Dlh Holdings CORP | +1.1% | +0.55% | Add |
| 5 | RAIL | Freightcar America Inc | +0.8% | +18.05% | Add |
| 6 | CTGO | Contango Silver & Gold Inc | +0.7% | — | Add |
| 7 | UFI | Unifi Inc | +0.4% | +6.20% | Add |
| 8 | FSTR | Foster (lb) Co-a | +0.3% | — | Add |
| 9 | UTMD | Utah Medical Products Inc | +0.3% | — | Add |
| 10 | USLM | United States Lime & Mineral | +0.1% | — | Unchanged |
| 11 | NVGS | Navigator Holdings Ltd. | +0.1% | — | Unchanged |
| 12 | KEQU | Kewaunee Scientific Cp | +0.1% | +3.66% | Add |
| 13 | DORM | Dorman Products Inc | +0.1% | — | Unchanged |
| 14 | 1S4 | Harborone Bancorp Inc | +0.1% | — | Unchanged |
| 15 | FNB | Fnb CORP | +0.1% | — | Unchanged |
| 16 | MPB | Mid Penn Bancorp Inc | 0% | — | Add |
| 17 | CFG | Citizens Financial Group | 0% | -8.90% | Trim |
| 18 | FSFG | First Savings Financial Grp | 0% | — | Unchanged |
| 19 | PBBK | Pb Bankshares Inc | 0% | — | Unchanged |
| 20 | DLX | Deluxe CORP | 0% | — | Unchanged |
| 21 | ASRV | Ameriserv Financial Inc | 0% | — | Unchanged |
| 22 | FRBA | First Bank/hamilton Nj | — | — | Unchanged |
| 23 | RMBI | Richmond Mutual Bancorporati | — | — | Unchanged |
| 24 | FCF | First Commonwealth Finl CORP | — | — | Unchanged |
| 25 | CPBI | Central Plains Bancshares In | 0% | — | Unchanged |
| 26 | HBNC | Horizon Bancorp Inc/in | 0% | — | Unchanged |
| 27 | CZFS | Citizens Financial Services | 0% | — | Add |
| 28 | NWFL | Norwood Financial CORP | 0% | — | Unchanged |
| 29 | NWBI | Northwest Bancshares Inc | 0% | — | Unchanged |
| 30 | CBU | Community Financial System I | 0% | — | Unchanged |
| 31 | EBMT | Eagle Bancorp Montana Inc | 0% | — | Unchanged |
| 32 | ACNT | Ascent Industries Co | 0% | — | Unchanged |
| 33 | PRA | Proassurance CORP | 0% | — | Unchanged |
| 34 | DGICB | Donegal Group Inc-b | 0% | — | Unchanged |
| 35 | ECBK | Ecb Bancorp Inc | 0% | — | Unchanged |
| 36 | FRME | First Merchants CORP | 0% | — | Unchanged |
| 37 | CLBK | Columbia Financial Inc | 0% | — | Unchanged |
| 38 | CZNC | Citizens & Northern CORP | -0.1% | — | Unchanged |
| 39 | DGICA | Donegal Group Inc-cl A | -0.1% | — | Unchanged |
| 40 | NODK | Ni Holdings Inc | -0.2% | — | Unchanged |
| 41 | SGA | Saga Communications Inc-cl A | -0.2% | — | Unchanged |
| 42 | UIS | Unisys CORP | -0.3% | — | Unchanged |
| 43 | THRY | Thryv Holdings Inc | -0.3% | — | Unchanged |
| 44 | CAC | Camden National CORP | -0.4% | — | Unchanged |
| 45 | PBHC | Pathfinder Bancorp Inc | -0.5% | — | Unchanged |
| 46 | CRD-B | Crawford & Co -cl B | -0.5% | +2.36% | Add |
| 47 | SSP | Ew Scripps Co/the-a | -0.5% | +10.01% | Add |
| 48 | TG | Tredegar CORP | -0.6% | — | Unchanged |
| 49 | EML | Eastern Co/the | -1.2% | +0.95% | Add |
| 50 | VIRC | Virco Mfg Corporation | -1.4% | +6.15% | Add |
According to official SEC Form 13F filings, Minerva Advisors LLC reported a total U.S. public equity portfolio value of $158.3M across 56 disclosed positions in Q3 2025.
Expert Analysis & Guides for Tracking Wall Street Smart Money Movements
Learn how SEC Form 13F filings work, the $100M threshold, 45-day reporting lag, and how to track top hedge fund holdings.
In terms of portfolio concentration, the top 5 core holdings (including GLDD, TG, EML) accounted for 40.2% of total reported equity market value during Q3 2025.
Top New Position Initiated
MBBC
市值: $615.1K
Top Position Liquidated / Trimmed
VILLAGE BK & TR FINL CORP
前期市值: $1.6M
During Q3 2025, Minerva Advisors LLC's top holdings by market value included GLDD (10.6%)、TG (8.4%)、EML (7.9%). The largest single position, GLDD, represented 10.6% of total portfolio value.
In Q3 2025, Minerva Advisors LLC made 25 total portfolio adjustments, initiating 4 new buys, adding to 16 positions, trimming 2 holdings, and fully liquidating 3 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
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