Minerva Advisors LLC reported 44 positions worth $156.70M for the quarter ended Jun 30, 2026, up 15.6% on the prior quarter. It opened 0 new positions, added to 10, trimmed 4 and exited 0. Its largest holding is Eastern Co at 9.7% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| INFU InfuSystem Holdings, Inc | +144.5K | +12.0% | $1.39M | 8.31% |
| CLBK Columbia Financial, Inc. | +55.5K | +164.2% | $1.18M | 1.21% |
| SSP E.W. SCRIPPS Co | +306.2K | +20.1% | $848.22K | 3.24% |
| KELYA Kelly Services Inc | +53.4K | +26.7% | $655.33K | 1.98% |
| KEQU Kewaunee Scientific Corp | +12.7K | +9.3% | $451.28K | 3.39% |
| RAIL FreightCar America, Inc. | +38.0K | +11.1% | $370.19K | 2.36% |
| FMC Fmc Corp | +30.0K | +62.5% | $345.00K | 0.572% |
| VIRC Virco Mfg Corporation | +18.0K | +1.2% | $110.53K | 6.02% |
| DLHC DLH Holdings Corp. | +3,331 | +0.3% | $17.49K | 3.74% |
| UFI Unifi Inc | +166 | +0.0% | $788.50 | 3.82% |
No new positions this quarter.
No positions were closed this quarter.
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | EML Eastern Co | Industrials | 546.4K | $15.22M | 9.71% | 0 | 0.0% | Unchanged | 9.05% |
| 2 | TG Tredegar Corp | Industrials | 1.67M | $13.26M | 8.46% | 0 | 0.0% | Unchanged | 4.77% |
| 3 | INFU InfuSystem Holdings, Inc | Healthcare | 1.35M | $13.01M | 8.31% | +144.5K | +12.0% | Added | 6.72% |
| 4 | SIF Sifco Industries Inc | Industrials | 455.7K | $10.66M | 6.8% | -25.0K | -5.2% | Reduced | 7.29% |
| 5 | ESCA Escalade Inc | Consumer Discretionary | 567.2K | $10.65M | 6.8% | -399 | -0.1% | Reduced | 4.11% |
| 6 | VIRC Virco Mfg Corporation | Consumer Discretionary | 1.54M | $9.43M | 6.02% | +18.0K | +1.2% | Added | 9.76% |
| 7 | UTMD Utah Medical Products Inc | Healthcare | 93.6K | $6.46M | 4.12% | 0 | 0.0% | Unchanged | 2.94% |
| 8 | UFI Unifi Inc | Basic Materials | 1.26M | $5.98M | 3.82% | +166 | +0.0% | Added | 6.77% |
| 9 | DLHC DLH Holdings Corp. | Industrials | 1.12M | $5.86M | 3.74% | +3,331 | +0.3% | Added | 7.7% |
| 10 | NVGS Navigator Holdings Ltd. | Industrials | 296.2K | $5.52M | 3.52% | 0 | 0.0% | Unchanged | 0.44% |
| 11 | KEQU Kewaunee Scientific Corp | Industrials | 149.4K | $5.31M | 3.39% | +12.7K | +9.3% | Added | 5.21% |
| 12 | SSP E.W. SCRIPPS Co | Communication Services | 1.83M | $5.08M | 3.24% | +306.2K | +20.1% | Added | 2.27% |
| 13 | CAC Camden National Corp | Financial Services | 89.6K | $4.86M | 3.1% | 0 | 0.0% | Unchanged | 0.53% |
| 14 | ATRO Astronics Corp | Industrials | 55.0K | $4.47M | 2.85% | -15.3K | -21.8% | Reduced | 0.15% |
| 15 | PBHC Pathfinder Bancorp, Inc. | Financial Services | 262.2K | $4.16M | 2.66% | 0 | 0.0% | Unchanged | 4.18% |
Tip. Select a row to see that position’s full history at Minerva Advisors.
As of its Q2 2026 13F filing, Minerva Advisors LLC’s five largest positions were Eastern Co (EML) at 9.7%, Tredegar Corp (TG) at 8.5%, InfuSystem Holdings, Inc (INFU) at 8.3%, Sifco Industries Inc (SIF) at 6.8%, Escalade Inc (ESCA) at 6.8% of the reported portfolio.
Minerva Advisors LLC reported a 13F portfolio worth $156.70M across 44 positions for Q2 2026. That is up 15.6% from the previous quarter.
Its largest purchases by value were InfuSystem Holdings, Inc ($1.39M), Columbia Financial, Inc. ($1.18M), E.W. SCRIPPS Co ($848.22K). It opened 0 new positions.
Its largest sales by value were Astronics Corp ($1.24M), Foster L B Co ($724.66K), Sifco Industries Inc ($585.00K). It exited 0 positions entirely.
From the Form 13F-HR reports Minerva Advisors LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.