Minerva Advisors LLC 13F holdings, Q2 2026
Holdings as of June 30, 2026 · filings on SEC EDGAR · this is the latest filing on record
Minerva Advisors LLC disclosed 46 US equity positions worth $158.3m in its Q2 2026 13F filing. The largest position was EML at 9.6% of the reported book, followed by TG and INFU. Against the Q1 2026 filing, it opened 0 new positions, added to 8 and reduced 4 among the top 46 holdings.
What did Minerva Advisors LLC own in Q2 2026? Top 46 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2026 |
|---|---|---|---|---|---|---|---|
| 1 | EML EASTERN CO | 9.6% | $15.2m | 546,402 | 0% | held | |
| 2 | TG TREDEGAR CORP | Industrials | 8.4% | $13.3m | 1,665,607 | 0% | held |
| 3 | INFU INFUSYSTEM HLDGS INC | Healthcare | 8.2% | $13.0m | 1,348,617 | 12% | added |
| 4 | SIF SIFCO INDS INC | 6.7% | $10.7m | 455,650 | -5% | reduced | |
| 5 | ESCA ESCALADE INC | 6.7% | $10.7m | 567,222 | -0% | held | |
| 6 | VIRC VIRCO MFG CO | Consumer Cyclical | 6.0% | $9.4m | 1,535,454 | 1% | added |
| 7 | UTMD UTAH MED PRODS INC | Healthcare | 4.1% | $6.5m | 93,615 | 0% | held |
| 8 | UFI UNIFI INC | Consumer Cyclical | 3.8% | $6.0m | 1,258,792 | 0% | held |
| 9 | DLHC DLH HLDGS CORP | 3.7% | $5.9m | 1,116,368 | 0% | held | |
| 10 | NVGS NAVIGATOR HLDGS LTD | Energy | 3.5% | $5.5m | 296,212 | 0% | held |
| 11 | KEQU KEWAUNEE SCIENTIFIC CORP | 3.4% | $5.3m | 149,410 | 9% | added | |
| 12 | SSP SCRIPPS E W CO OHIO | Communication Services | 3.2% | $5.1m | 1,832,707 | 20% | added |
| 13 | CAC CAMDEN NATL CORP | 3.1% | $4.9m | 89,568 | 0% | held | |
| 14 | ATRO ASTRONICS CORP | Industrials | 2.8% | $4.5m | 55,041 | -22% | reduced |
| 15 | PATHFINDER BANCORP INC MD | 2.6% | $4.2m | 262,204 | 0% | held | |
| 16 | RAIL FREIGHTCAR AMER INC | 2.3% | $3.7m | 379,030 | 11% | added | |
| 17 | KELYA KELLY SVCS INC | 2.0% | $3.1m | 253,162 | 27% | added | |
| 18 | FSTR FOSTER L B CO | Industrials | 1.9% | $3.1m | 67,922 | -19% | reduced |
| 19 | CRD/B CRAWFORD & CO | 1.9% | $3.0m | 288,178 | 0% | held | |
| 20 | NODK NI HLDGS INC | 1.3% | $2.0m | 129,900 | 0% | held | |
| 21 | COLUMBIA FINL INC | 1.2% | $1.9m | 89,294 | 164% | added | |
| 22 | MPB MID PENN BANCORP INC | 1.2% | $1.9m | 54,177 | 0% | held | |
| 23 | CFG CITIZENS FINL GROUP INC | Financial Services | 1.0% | $1.5m | 21,485 | 0% | held |
| 24 | EBC EASTERN BANKSHARES INC | Financial Services | 0.9% | $1.4m | 62,576 | 0% | held |
| 25 | UIS UNISYS CORP | Technology | 0.8% | $1.3m | 345,347 | 0% | held |
| 26 | FNB F N B CORP | Financial Services | 0.8% | $1.2m | 64,075 | 0% | held |
| 27 | FRME FIRST MERCHANTS CORP | Financial Services | 0.7% | $1.0m | 23,662 | 0% | held |
| 28 | ECBK ECB BANCORP INC | 0.6% | $1.0m | 49,940 | 0% | held | |
| 29 | CZNC CITIZENS & NORTHN CORP | 0.6% | $1,000.0k | 42,900 | 0% | held | |
| 30 | CTGO CONTANGO SILVER & GOLD INC | 0.6% | $941.8k | 59,647 | 0% | held | |
| 31 | CPBI CENTRAL PLAINS BANCSHARES IN | 0.6% | $934.7k | 49,117 | 0% | held | |
| 32 | NWFL NORWOOD FINANCIAL CORP | 0.6% | $918.8k | 28,580 | 0% | held | |
| 33 | FMC FMC CORP | Basic Materials | 0.6% | $897.0k | 78,000 | 62% | added |
| 34 | DGICA DONEGAL GROUP INC | 0.6% | $876.8k | 46,490 | 0% | held | |
| 35 | MARATHON BANCORP INC | 0.5% | $851.9k | 55,750 | -5% | reduced | |
| 36 | LSBK LAKE SHORE BANCORP INC | 0.5% | $788.3k | 44,259 | 0% | held | |
| 37 | FRBA FIRST BK WILLIAMSTOWN NEW JE | 0.5% | $729.5k | 41,143 | 0% | held | |
| 38 | HBNC HORIZON BANCORP IND | Financial Services | 0.4% | $700.3k | 35,052 | 0% | held |
| 39 | NWBI NORTHWEST BANCSHARES INC | Financial Services | 0.4% | $576.1k | 38,000 | 0% | held |
| 40 | THRY THRYV HLDGS INC | 0.4% | $568.7k | 144,329 | 0% | held | |
| 41 | FCF FIRST COMWLTH FINL CORP PA | Financial Services | 0.3% | $519.6k | 25,560 | 0% | held |
| 42 | EBMT EAGLE BANCORP MONT INC | 0.3% | $504.9k | 21,098 | 0% | held | |
| 43 | RMBI RICHMOND MUT BANCORPORATION | 0.3% | $480.0k | 30,224 | 0% | held | |
| 44 | DONEGAL GROUP INC | 0.2% | $388.9k | 17,856 | 0% | held | |
| 45 | DLX DELUXE CORP MEDIUM TERM NTS | Industrials | 0.2% | $331.9k | 13,900 | 0% | held |
| 46 | ASRV AMERISERV FINL INC | 0.1% | $225.8k | 58,200 | 0% | held |
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.