Latest Minerva Advisors LLC Stock Portfolio
Minerva Advisors LLC Performance:
2025 Q3: 3.06%YTD: 4.4%2024: 12.79%
Performance for 2025 Q3 is 3.06%, and YTD is 4.4%, and 2024 is 12.79%.
About Minerva Advisors LLC and 13F Hedge Fund Stock Holdings
Minerva Advisors LLC is a hedge fund based in BALA CYNWYD, PA. On 01-May-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $283.6 Millions. In it's latest 13F Holdings report, Minerva Advisors LLC reported an equity portfolio of $157.5 Millions as of 30 Sep, 2025.
The top stock holdings of Minerva Advisors LLC are GLDD, TG, EML. The fund has invested 10.6% of it's portfolio in GREAT LAKES DREDGE & DOCK CO and 8.4% of portfolio in TREDEGAR CORP.
The fund managers got completely rid off SOUTH STATE CORP (SSB) and LAKE SHORE BANCORP INC (LSBK) stocks. They significantly reduced their stock positions in ASTRONICS CORP (ATRO) and CITIZENS FINL GROUP INC (CFG). Minerva Advisors LLC opened new stock positions in LAKE SHORE BANCORP INC. The fund showed a lot of confidence in some stocks as they added substantially to FREIGHTCAR AMER INC (RAIL), SCRIPPS E W CO OHIO (SSP) and MARATHON BANCORP INC (MBBC).
The top stock holdings of Minerva Advisors LLC are GLDD, TG, EML. The fund has invested 10.6% of it's portfolio in GREAT LAKES DREDGE & DOCK CO and 8.4% of portfolio in TREDEGAR CORP.
The fund managers got completely rid off SOUTH STATE CORP (SSB) and LAKE SHORE BANCORP INC (LSBK) stocks. They significantly reduced their stock positions in ASTRONICS CORP (ATRO) and CITIZENS FINL GROUP INC (CFG). Minerva Advisors LLC opened new stock positions in LAKE SHORE BANCORP INC. The fund showed a lot of confidence in some stocks as they added substantially to FREIGHTCAR AMER INC (RAIL), SCRIPPS E W CO OHIO (SSP) and MARATHON BANCORP INC (MBBC).
Minerva Advisors LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Minerva Advisors LLC made a return of 3.06% in the last quarter. In trailing 12 months, it's portfolio return was 2.64%.
New Buys
| Ticker | $ Bought |
|---|---|
| lake shore bancorp inc | 575,367 |
| southstate bk corp | 559,646 |
New stocks bought by Minerva Advisors LLC
Additions
| Ticker | % Inc. |
|---|---|
| freightcar amer inc | 18.05 |
| scripps e w co ohio | 10.01 |
| marathon bancorp inc | 7.78 |
| unifi inc | 6.2 |
| virco mfg co | 6.15 |
| kewaunee scientific corp | 3.66 |
| infusystem hldgs inc | 3.12 |
| crawford & co | 2.36 |
Additions to existing portfolio by Minerva Advisors LLC
Reductions
| Ticker | % Reduced |
|---|---|
| astronics corp | -23.78 |
| citizens finl group inc | -8.9 |
Minerva Advisors LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| lake shore bancorp inc | -481,489 |
| south state corp | -520,869 |
Minerva Advisors LLC got rid off the above stocks
Sector Distribution
Minerva Advisors LLC has about 41.7% of it's holdings in Industrials sector.
| Sector | % |
|---|---|
| Industrials | 41.7 |
| Consumer Cyclical | 17.6 |
| Financial Services | 13.8 |
| Healthcare | 10.5 |
| Others | 7.9 |
| Communication Services | 5.7 |
| Basic Materials | 2 |
Market Cap. Distribution
Minerva Advisors LLC has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MICRO-CAP | 61 |
| SMALL-CAP | 25.4 |
| UNALLOCATED | 7.9 |
| MID-CAP | 2.5 |
| NANO-CAP | 2.4 |
Stocks belong to which Index?
About 56.1% of the stocks held by Minerva Advisors LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 56.1 |
| Others | 43.2 |
Minerva Advisors LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Minerva Advisors LLC
Minerva Advisors LLC has 56 stocks in it's portfolio. About 61.6% of the portfolio is in top 10 stocks. THRY proved to be the most loss making stock for the portfolio. INFU was the most profitable stock for Minerva Advisors LLC last quarter.
Last Reported on: 12 Nov, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ACNT | ascent industries co | 0.25 | 30,415 | 391,745 | unchanged | 0.00 | ||
| ASRV | ameriserv finl inc | 0.11 | 58,200 | 168,780 | unchanged | 0.00 | ||
| ATRO | astronics corp | 5.65 | 195,041 | 8,895,820 | reduced | -23.78 | ||
| CAC | camden natl corp | 2.19 | 89,568 | 3,456,430 | unchanged | 0.00 | ||
| CBU | community financial system i | 0.25 | 6,618 | 388,080 | unchanged | 0.00 | ||
| CFG | citizens finl group inc | 0.72 | 21,485 | 1,142,140 | reduced | -8.9 | ||
| CLBK | columbia finl inc | 0.32 | 33,794 | 507,248 | unchanged | 0.00 | ||
| CTGO | contango ore inc | 1.21 | 76,147 | 1,898,340 | unchanged | 0.00 | ||
| CZFS | citizens finl svcs inc | 0.30 | 7,881 | 475,067 | unchanged | 0.00 | ||
| CZNC | citizens & northn corp | 0.54 | 42,900 | 849,849 | unchanged | 0.00 | ||
| DGICA | donegal group inc | 0.57 | 46,490 | 901,441 | unchanged | 0.00 | ||
| DGICA | donegal group inc | 0.18 | 17,856 | 285,875 | unchanged | 0.00 | ||
| DLHC | dlh hldgs corp | 4.01 | 1,116,800 | 6,309,930 | added | 0.55 | ||
| DLX | deluxe corp | 0.17 | 13,900 | 269,104 | unchanged | 0.00 | ||
| DORM | dorman prods inc | 0.85 | 8,590 | 1,339,010 | unchanged | 0.00 | ||
| EBMT | eagle bancorp mont inc | 0.23 | 21,098 | 364,362 | unchanged | 0.00 | ||
| ECBK | ecb bancorp inc | 0.50 | 49,940 | 792,548 | unchanged | 0.00 | ||
| EML | eastern co | 7.90 | 530,053 | 12,435,000 | added | 0.95 | ||
| ESCA | escalade inc | 4.39 | 550,192 | 6,915,910 | added | 2.3 | ||
| FCF | first comwlth finl corp pa | 0.28 | 25,560 | 435,798 | unchanged | 0.00 | ||