Minerva Advisors LLC 13F holdings, Q1 2026
Holdings as of March 31, 2026 · filings on SEC EDGAR · latest filing →
Minerva Advisors LLC disclosed 48 US equity positions worth $154.9m in its Q1 2026 13F filing. The largest position was GLDD at 11.3% of the reported book, followed by TG and INFU.
What did Minerva Advisors LLC own in Q1 2026? Top 48 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs prior |
|---|---|---|---|---|---|---|---|
| 1 | GLDD GREAT LAKES DREDGE & DOCK CO | 11.3% | $17.5m | 1,029,703 | – | ||
| 2 | TG TREDEGAR CORP | Industrials | 8.5% | $13.2m | 1,665,607 | – | |
| 3 | INFU INFUSYSTEM HLDGS INC | Healthcare | 7.2% | $11.1m | 1,204,105 | – | |
| 4 | EML EASTERN CO | 7.1% | $11.1m | 546,402 | – | ||
| 5 | ESCA ESCALADE INC | 6.3% | $9.7m | 567,621 | – | ||
| 6 | VIRC VIRCO MANUFACTURING CO | Consumer Cyclical | 6.0% | $9.3m | 1,517,452 | – | |
| 7 | DLHC DLH HOLDINGS CORP | 4.2% | $6.5m | 1,113,037 | – | ||
| 8 | SIF SIFCO INDUSTRIES INC | 4.1% | $6.4m | 480,650 | – | ||
| 9 | UTMD UTAH MEDICAL PRODUCTS INC | Healthcare | 3.7% | $5.8m | 93,615 | – | |
| 10 | NVGS NAVIGATOR HOLDINGS LTD | Energy | 3.7% | $5.7m | 296,212 | – | |
| 11 | SSP SCRIPPS E W CO OHIO | Communication Services | 3.7% | $5.7m | 1,526,490 | – | |
| 12 | ATRO ASTRONICS CORP | Industrials | 3.0% | $4.7m | 70,340 | – | |
| 13 | KEQU KEWAUNEE SCIENTIFIC CP | 3.0% | $4.7m | 136,705 | – | ||
| 14 | UFI UNIFI INC | Consumer Cyclical | 2.9% | $4.5m | 1,258,626 | – | |
| 15 | CAC CAMDEN NATIONAL CORP | 2.7% | $4.3m | 89,568 | – | ||
| 16 | PATHFINDER BANCORP INC | 2.2% | $3.3m | 262,204 | – | ||
| 17 | CRD/B CRAWFORD & CO CL B | 1.9% | $2.9m | 288,178 | – | ||
| 18 | RAIL FREIGHTCAR AMERICA INC | 1.8% | $2.7m | 341,023 | – | ||
| 19 | FSTR FOSTER L B CO | Industrials | 1.5% | $2.3m | 83,965 | – | |
| 20 | KELYA KELLY SERVICES INC | 1.1% | $1.8m | 199,796 | – | ||
| 21 | MPB MID PENN BANCORP | 1.1% | $1.7m | 54,177 | – | ||
| 22 | NODK NI HOLDINGS INC | 1.1% | $1.7m | 129,900 | – | ||
| 23 | CFG CITIZENS FINL GROUP INC | Financial Services | 0.8% | $1.3m | 21,485 | – | |
| 24 | EBC EASTERN BANKSHARES INC | Financial Services | 0.8% | $1.2m | 62,576 | – | |
| 25 | CTGO CONTANGO ORE INC | 0.7% | $1.1m | 59,647 | – | ||
| 26 | FNB FNB CORP | Financial Services | 0.7% | $1.1m | 64,075 | – | |
| 27 | CZNC CITIZENS & NORTHERN CORP | 0.6% | $958.4k | 42,900 | – | ||
| 28 | FRME FIRST MERCHANTS CORP | Financial Services | 0.6% | $916.4k | 23,662 | – | |
| 29 | NWFL NORWOOD FINANCIAL CORP | 0.5% | $840.8k | 28,580 | – | ||
| 30 | CPBI CENTRAL PLAINS BANCSHARES INC | 0.5% | $840.4k | 49,117 | – | ||
| 31 | ECBK ECB BANCORP INC | 0.5% | $835.5k | 49,940 | – | ||
| 32 | FMC FMC CORP | Basic Materials | 0.5% | $826.6k | 48,000 | – | |
| 33 | DGICA DONEGAL GROUP INC | 0.5% | $798.7k | 46,490 | – | ||
| 34 | MARATHON BANCORP INC | 0.5% | $797.9k | 58,976 | – | ||
| 35 | UIS UNISYS CORP | Technology | 0.5% | $714.9k | 345,347 | – | |
| 36 | LSBK LAKE SHORE BANCORP INC | 0.4% | $671.9k | 44,259 | – | ||
| 37 | FRBA FIRST BANK WILLIAMSTOWN NJ | 0.4% | $658.3k | 41,143 | – | ||
| 38 | COLUMBIA FINANCIAL | 0.4% | $591.7k | 33,794 | – | ||
| 39 | HBNC HORIZON BANCORP INDIANA | Financial Services | 0.4% | $580.8k | 35,052 | – | |
| 40 | NWBI NORTHWEST BANCSHARES INC | Financial Services | 0.3% | $482.2k | 38,000 | – | |
| 41 | FCF FIRST COMMONWEALTH FINANCIAL | Financial Services | 0.3% | $449.3k | 25,560 | – | |
| 42 | EBMT EAGLE BANCORP MONT INC | 0.3% | $434.2k | 21,098 | – | ||
| 43 | PRA PROASSURANCE CORP | 0.3% | $426.0k | 17,234 | – | ||
| 44 | RMBI RICHMOND MUTUAL | 0.3% | $410.1k | 30,224 | – | ||
| 45 | THRY THRYV HOLDINGS IINC | 0.3% | $395.5k | 144,329 | – | ||
| 46 | DLX DELUXE CORP | Industrials | 0.2% | $382.8k | 13,900 | – | |
| 47 | DONEGAL GROUP INC | 0.2% | $315.9k | 17,856 | – | ||
| 48 | ASRV AMERISERV FINANC INC | 0.1% | $210.7k | 58,200 | – |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.