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CIK: 0001541536
Total reported value
$158.3M
$158.3M
48 檔
39.6%
The Q1 2026 SEC filing reveals that Minerva Advisors LLC held a total portfolio value of $158.3M, covering 48 public equity positions.
In Q1 2026, Minerva Advisors LLC adopted a defensive or profit-taking posture, trimming 7 positions and completely liquidating 9 holdings to manage risk exposure.
In terms of portfolio concentration, the top 5 core holdings (including GLDD, TG, INFU) accounted for 39.6% of total reported equity market value during Q1 2026.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | GLDD | Great Lakes Dredge & Dock Co | Stock-Other | 11.30% | -11.30% | EXIT | |
| 2 | TG | Tredegar CORP | Stock-Other | 8.55% | -0.17% | +0.51% | |
| 3 | INFU | Infusystem Holdings Inc | Stock-Other | 7.17% | +1.05% | +11.62% | |
| 4 | EML | Eastern Co/the | Stock-Other | 7.14% | +2.47% | +3.27% | |
| 5 | ESCA | Escalade Inc | Stock-Other | 6.29% | +0.44% | — | |
| 6 | VIRC | Virco Mfg Corporation | Stock-Other | 5.99% | -0.03% | +4.78% | |
| 7 | DLHC | Dlh Holdings CORP | Stock-Other | 4.18% | -0.48% | -0.00% | |
| 8 | SIF | Sifco Industries | Stock-Other | 4.13% | +2.61% | -1.70% | |
| 9 | UTMD | Utah Medical Products Inc | Stock-Other | 3.75% | +0.33% | — | |
| 10 | NVGS | Navigator Holdings Ltd. | Stock-Other | 3.70% | -0.21% | -1.66% | |
| 11 | SSP | Ew Scripps Co/the-a | Stock-Other | 3.67% | -0.46% | +10.14% | |
| 12 | ATRO | Astronics CORP | Stock-Other | 3.03% | -0.20% | -31.20% | |
| 13 | KEQU | Kewaunee Scientific Cp | Stock-Other | 3.02% | +0.33% | +12.18% | |
| 14 | UFI | Unifi Inc | Stock-Other | 2.90% | +0.88% | +2.96% | |
| 15 | CAC | Camden National CORP | Stock-Other | 2.74% | +0.33% | — | |
| 16 | PBHC | Pathfinder Bancorp Inc | Stock-Other | 2.16% | +0.47% | — | |
| 17 | CRD-B | Crawford & Co -cl B | Stock-Other | 1.89% | +0.01% | — | |
| 18 | RAIL | Freightcar America Inc | Stock-Other | 1.75% | +0.58% | +27.70% | |
| 19 | FSTR | Foster (lb) Co-a | Stock-Other | 1.51% | +0.43% | — | |
| 20 | KELYA | Kelly Services Inc -a | Stock-Other | 1.14% | +0.82% | +242.12% | |
| 21 | MPB | Mid Penn Bancorp Inc | Stock-Other | 1.12% | +0.07% | — | |
| 22 | NODK | Ni Holdings Inc | Stock-Other | 1.08% | +0.21% | — | |
| 23 | CFG | Citizens Financial Group | Stock-Financials | 0.83% | +0.12% | — | |
| 24 | EBC | Eastern Bankshares Inc | Stock-Other | 0.79% | +0.09% | — | |
| 25 | CTGO | Contango Silver & Gold Inc | Stock-Other | 0.72% | -0.12% | -21.67% | |
| 26 | FNB | Fnb CORP | Stock-Financials | 0.69% | +0.08% | — | |
| 27 | CZNC | Citizens & Northern CORP | Stock-Other | 0.62% | +0.01% | — | |
| 28 | FRME | First Merchants CORP | Stock-Other | 0.59% | +0.06% | +139.62% | |
| 29 | NWFL | Norwood Financial CORP | Stock-Other | 0.54% | +0.04% | +108.90% | |
| 30 | CPBI | Central Plains Bancshares In | Stock-Other | 0.54% | +0.05% | — | |
| 31 | ECBK | Ecb Bancorp Inc | Stock-Other | 0.54% | +0.09% | — | |
| 32 | FMC | Fmc CORP | Stock-Materials | 0.53% | +0.04% | — | |
| 33 | DGICA | Donegal Group Inc-cl A | Stock-Other | 0.52% | +0.03% | — | |
| 34 | MBBC | Marathon Bancorp Inc | Stock-Other | 0.52% | +0.02% | — | |
| 35 | UIS | Unisys CORP | Stock-Other | 0.46% | +0.34% | — | |
| 36 | LSBK | Lake Shore Bancorp Inc/md | Stock-Other | 0.43% | +0.07% | — | |
| 37 | FRBA | First Bank/hamilton Nj | Stock-Other | 0.42% | +0.04% | — | |
| 38 | CLBK | Columbia Financial Inc | Stock-Other | 0.38% | +0.82% | — | |
| 39 | HBNC | Horizon Bancorp Inc/in | Stock-Other | 0.37% | +0.07% | — | |
| 40 | NWBI | Northwest Bancshares Inc | Stock-Other | 0.31% | +0.05% | — | |
| 41 | FCF | First Commonwealth Finl CORP | Stock-Other | 0.29% | +0.04% | — | |
| 42 | EBMT | Eagle Bancorp Montana Inc | Stock-Other | 0.28% | +0.04% | — | |
| 43 | PRA | Proassurance CORP | Stock-Other | 0.28% | -0.28% | EXIT | |
| 44 | RMBI | Richmond Mutual Bancorporati | Stock-Other | 0.26% | +0.04% | — | |
| 45 | THRY | Thryv Holdings Inc | Stock-Other | 0.26% | +0.10% | -2.70% | |
| 46 | DLX | Deluxe CORP | Stock-Other | 0.25% | -0.04% | — | |
| 47 | DGICB | Donegal Group Inc-b | Stock-Other | 0.20% | +0.05% | — | |
| 48 | ASRV | Ameriserv Financial Inc | Stock-Other | 0.14% | — | — |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | SIF | Sifco Industries | +2.3% | -1.70% | Trim |
| 2 | ESCA | Escalade Inc | +1.2% | — | Unchanged |
| 3 | KELYA | Kelly Services Inc -a | +0.8% | +242.12% | Add |
| 4 | INFU | Infusystem Holdings Inc | +0.7% | +11.62% | Add |
| 5 | TG | Tredegar CORP | +0.6% | +0.51% | Add |
| 6 | FRME | First Merchants CORP | +0.3% | +139.62% | Add |
| 7 | NWFL | Norwood Financial CORP | +0.3% | +108.90% | Add |
| 8 | UTMD | Utah Medical Products Inc | +0.3% | — | Unchanged |
| 9 | NVGS | Navigator Holdings Ltd. | +0.2% | -1.66% | Trim |
| 10 | EML | Eastern Co/the | +0.2% | +3.27% | Add |
| 11 | CAC | Camden National CORP | +0.1% | — | Unchanged |
| 12 | FMC | Fmc CORP | +0.1% | — | Unchanged |
| 13 | UFI | Unifi Inc | 0% | +2.96% | Add |
| 14 | CZNC | Citizens & Northern CORP | 0% | — | Unchanged |
| 15 | MBBC | Marathon Bancorp Inc | 0% | — | Unchanged |
| 16 | DLX | Deluxe CORP | 0% | — | Unchanged |
| 17 | CLBK | Columbia Financial Inc | 0% | — | Unchanged |
| 18 | EBC | Eastern Bankshares Inc | 0% | — | Unchanged |
| 19 | ASRV | Ameriserv Financial Inc | 0% | — | Unchanged |
| 20 | NWBI | Northwest Bancshares Inc | 0% | — | Unchanged |
| 21 | FSTR | Foster (lb) Co-a | — | — | Unchanged |
| 22 | MPB | Mid Penn Bancorp Inc | — | — | Unchanged |
| 23 | LSBK | Lake Shore Bancorp Inc/md | — | — | Unchanged |
| 24 | FCF | First Commonwealth Finl CORP | — | — | Unchanged |
| 25 | EBMT | Eagle Bancorp Montana Inc | — | — | Unchanged |
| 26 | PRA | Proassurance CORP | — | — | Unchanged |
| 27 | CFG | Citizens Financial Group | 0% | — | Unchanged |
| 28 | DGICB | Donegal Group Inc-b | 0% | — | Unchanged |
| 29 | DLHC | Dlh Holdings CORP | 0% | -0.00% | Trim |
| 30 | SSP | Ew Scripps Co/the-a | 0% | +10.14% | Add |
| 31 | KEQU | Kewaunee Scientific Cp | 0% | +12.18% | Add |
| 32 | RMBI | Richmond Mutual Bancorporati | 0% | — | Unchanged |
| 33 | CPBI | Central Plains Bancshares In | 0% | — | Unchanged |
| 34 | FRBA | First Bank/hamilton Nj | 0% | — | Unchanged |
| 35 | HBNC | Horizon Bancorp Inc/in | 0% | — | Unchanged |
| 36 | ECBK | Ecb Bancorp Inc | 0% | — | Unchanged |
| 37 | FNB | Fnb CORP | 0% | — | Unchanged |
| 38 | NODK | Ni Holdings Inc | -0.1% | — | Unchanged |
| 39 | DGICA | Donegal Group Inc-cl A | -0.1% | — | Unchanged |
| 40 | CRD-B | Crawford & Co -cl B | -0.2% | — | Unchanged |
| 41 | UIS | Unisys CORP | -0.2% | — | Unchanged |
| 42 | VIRC | Virco Mfg Corporation | -0.2% | +4.78% | Add |
| 43 | RAIL | Freightcar America Inc | -0.2% | +27.70% | Add |
| 44 | PBHC | Pathfinder Bancorp Inc | -0.3% | — | Unchanged |
| 45 | THRY | Thryv Holdings Inc | -0.3% | -2.70% | Trim |
| 46 | CTGO | Contango Silver & Gold Inc | -0.6% | -21.67% | Trim |
| 47 | ATRO | Astronics CORP | -0.7% | -31.20% | Trim |
| 48 | GLDD | Great Lakes Dredge & Dock Co | -0.9% | -25.91% | Trim |
| 49 | DORM | Dorman Products Inc | — | EXIT | Sold out |
| 50 | USLM | United States Lime & Mineral | — | EXIT | Sold out |
According to official SEC Form 13F filings, Minerva Advisors LLC reported a total U.S. public equity portfolio value of $158.3M across 48 disclosed positions in Q1 2026.
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Top Position Liquidated / Trimmed
DORM
前期市值: $1.1M
During Q1 2026, Minerva Advisors LLC's top holdings by market value included GLDD (11.3%)、TG (8.6%)、INFU (7.2%). The largest single position, GLDD, represented 11.3% of total portfolio value.
In Q1 2026, Minerva Advisors LLC made 27 total portfolio adjustments, initiating 0 new buys, adding to 11 positions, trimming 7 holdings, and fully liquidating 9 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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