Filed: 8/12/2024ACC: 0001462390-24-000041
📋 What this filing means
MINERVA ADVISORS LLC filed this quarterly 13F‑HR report disclosing 57 equity positions with a total reported market value of $149.98M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
57
Positions
$149.98M
Total AUM (reported)
13.21M
Total Shares
Allocation by class
COM$140.65M93.8%
CL A NEW$6.13M4.1%
COM NEW$2.41M1.6%
CL A$596.5K0.4%
CL B$198.9K0.1%
Portfolio Concentration
Top 3$42.42M28.3%
4–10$52.47M35.0%
11–25$39.60M26.4%
Rest$15.49M10.3%
Top 3 weight
28.3%
Top 10 weight
63.3%
Voting Authority Distribution
Total shares with voting rights: 13.21M
Sole
Full voting authority
9.06M
shares
% of voting shares68.6%
Shared
Joint voting authority
4.15M
shares
% of voting shares31.4%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole7
Shared0
Other50
Dominant voting typeSole · 68.6% of voting shares
Institutional Holdings57
Rows:
VIRCO MANUFACTURING CO
OTRShares1.12M
TypeSH
Market value$15.58M
10.39%
Sole
791.99K
Shared
327.03K
None
0.00
UNIVERSAL STAINLESS & ALLOY
OTRShares524.77K
TypeSH
Market value$14.33M
9.55%
Sole
388.88K
Shared
135.89K
None
0.00
EASTERN CO
OTRShares499.02K
TypeSH
Market value$12.52M
8.35%
Sole
333.57K
Shared
165.46K
None
0.00
GREAT LAKES DREDGE & DOCK CO
OTRShares1.32M
TypeSH
Market value$11.60M
7.73%
Sole
958.26K
Shared
364.07K
None
0.00
ASTRONICS CORP
OTRShares463.11K
TypeSH
Market value$9.26M
6.17%
Sole
358.18K
Shared
104.92K
None
0.00
TREDEGAR CORP
OTRShares1.61M
TypeSH
Market value$7.70M
5.13%
Sole
917.58K
Shared
690.17K
None
0.00
ESCALADE INC
OTRShares537.81K
TypeSH
Market value$7.27M
4.85%
Sole
372.79K
Shared
165.03K
None
0.00
INFUSYSTEM HLDGS INC
OTRShares846.85K
TypeSH
Market value$5.77M
3.85%
Sole
662.97K
Shared
183.88K
None
0.00
DLH HOLDINGS CORP
OTRShares512.58K
TypeSH
Market value$5.44M
3.63%
Sole
404.40K
Shared
108.18K
None
0.00
NAVIGATOR HOLDINGS LTD
OTRShares311.61K
TypeSH
Market value$5.44M
3.63%
Sole
237.56K
Shared
74.05K
None
0.00
KEWAUNEE SCIENTIFIC CP
SOLEShares108.01K
TypeSH
Market value$5.03M
3.35%
Sole
79.55K
Shared
28.46K
None
0.00
UNIFI INC
OTRShares728.49K
TypeSH
Market value$4.29M
2.86%
Sole
362.92K
Shared
365.56K
None
0.00
THRYV HOLDINGS IINC
SOLEShares224.83K
TypeSH
Market value$4.00M
2.67%
Sole
197.50K
Shared
27.33K
None
0.00
SAGA COMMUNICATIONS INC
OTRShares232.63K
TypeSH
Market value$3.62M
2.41%
Sole
156.47K
Shared
76.16K
None
0.00
PATHFINDER BANCORP INC
OTRShares262.20K
TypeSH
Market value$3.41M
2.27%
Sole
210.84K
Shared
51.36K
None
0.00
CAMDEN NATIONAL CORP
OTRShares89.57K
TypeSH
Market value$2.95M
1.97%
Sole
53K
Shared
36.57K
None
0.00
FREIGHTCAR AMERICA INC
OTRShares786.41K
TypeSH
Market value$2.72M
1.81%
Sole
565K
Shared
221.41K
None
0.00
SCRIPPS E W CO OHIO
OTRShares802.96K
TypeSH
Market value$2.51M
1.68%
Sole
532.91K
Shared
270.05K
None
0.00
CRAWFORD & CO CL B
OTRShares276K
TypeSH
Market value$2.36M
1.57%
Sole
175.70K
Shared
100.30K
None
0.00
NI HOLDINGS INC
OTRShares129.90K
TypeSH
Market value$1.99M
1.33%
Sole
100.40K
Shared
29.50K
None
0.00
FOSTER L B CO
OTRShares79.80K
TypeSH
Market value$1.73M
1.15%
Sole
42.37K
Shared
37.42K
None
0.00
UNISYS CORP
OTRShares345.35K
TypeSH
Market value$1.43M
0.95%
Sole
153.20K
Shared
192.15K
None
0.00
CONTANGO ORE INC
OTRShares70.15K
TypeSH
Market value$1.25M
0.83%
Sole
58.69K
Shared
11.46K
None
0.00
SIFCO INDUSTRIES INC
OTRShares378.61K
TypeSH
Market value$1.17M
0.78%
Sole
302K
Shared
76.61K
None
0.00
DORMAN PRODUCTS INC
OTRShares12.49K
TypeSH
Market value$1.14M
0.76%
Sole
3.90K
Shared
8.59K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VIRCO MANUFACTURING COOTR | COM | 1.12M | SH | $15.58M 10.39% | 791.99K | 327.03K | 0.00 |
UNIVERSAL STAINLESS & ALLOYOTR | COM | 524.77K | SH | $14.33M 9.55% | 388.88K | 135.89K | 0.00 |
EASTERN COOTR | COM | 499.02K | SH | $12.52M 8.35% | 333.57K | 165.46K | 0.00 |
GREAT LAKES DREDGE & DOCK COOTR | COM | 1.32M | SH | $11.60M 7.73% | 958.26K | 364.07K | 0.00 |
ASTRONICS CORPOTR | COM | 463.11K | SH | $9.26M 6.17% | 358.18K | 104.92K | 0.00 |
TREDEGAR CORPOTR | COM | 1.61M | SH | $7.70M 5.13% | 917.58K | 690.17K | 0.00 |
ESCALADE INCOTR | COM | 537.81K | SH | $7.27M 4.85% | 372.79K | 165.03K | 0.00 |
INFUSYSTEM HLDGS INCOTR | COM | 846.85K | SH | $5.77M 3.85% | 662.97K | 183.88K | 0.00 |
DLH HOLDINGS CORPOTR | COM | 512.58K | SH | $5.44M 3.63% | 404.40K | 108.18K | 0.00 |
NAVIGATOR HOLDINGS LTDOTR | COM | 311.61K | SH | $5.44M 3.63% | 237.56K | 74.05K | 0.00 |
KEWAUNEE SCIENTIFIC CPSOLE | COM | 108.01K | SH | $5.03M 3.35% | 79.55K | 28.46K | 0.00 |
UNIFI INCOTR | COM | 728.49K | SH | $4.29M 2.86% | 362.92K | 365.56K | 0.00 |
THRYV HOLDINGS IINCSOLE | COM | 224.83K | SH | $4.00M 2.67% | 197.50K | 27.33K | 0.00 |
SAGA COMMUNICATIONS INCOTR | CL A NEW | 232.63K | SH | $3.62M 2.41% | 156.47K | 76.16K | 0.00 |
PATHFINDER BANCORP INCOTR | COM | 262.20K | SH | $3.41M 2.27% | 210.84K | 51.36K | 0.00 |
CAMDEN NATIONAL CORPOTR | COM | 89.57K | SH | $2.95M 1.97% | 53K | 36.57K | 0.00 |
FREIGHTCAR AMERICA INCOTR | COM | 786.41K | SH | $2.72M 1.81% | 565K | 221.41K | 0.00 |
SCRIPPS E W CO OHIOOTR | CL A NEW | 802.96K | SH | $2.51M 1.68% | 532.91K | 270.05K | 0.00 |
CRAWFORD & CO CL BOTR | COM | 276K | SH | $2.36M 1.57% | 175.70K | 100.30K | 0.00 |
NI HOLDINGS INCOTR | COM | 129.90K | SH | $1.99M 1.33% | 100.40K | 29.50K | 0.00 |
FOSTER L B COOTR | COM | 79.80K | SH | $1.73M 1.15% | 42.37K | 37.42K | 0.00 |
UNISYS CORPOTR | COM NEW | 345.35K | SH | $1.43M 0.95% | 153.20K | 192.15K | 0.00 |
CONTANGO ORE INCOTR | COM | 70.15K | SH | $1.25M 0.83% | 58.69K | 11.46K | 0.00 |
SIFCO INDUSTRIES INCOTR | COM | 378.61K | SH | $1.17M 0.78% | 302K | 76.61K | 0.00 |
DORMAN PRODUCTS INCOTR | COM | 12.49K | SH | $1.14M 0.76% | 3.90K | 8.59K | 0.00 |
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