MINERVA ADVISORS LLC Information

50 MONUMENT ROAD, BALA CYNWYD, Pennsylvania, 19004, (484) 434-2258

Report Date: 03/31/2015

Position Statistics

Total Positions 73
New Positions 0
Increased Positions 14
Decreased Positions 8
Positions with Activity 22
Sold Out Positions 3
Total Mkt Value (in $ millions) 162

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 15.65%
Capital Goods 10.47%
Conglomerates
Consumer Cyclical 7.47%
Consumer/Non-Cyclical 1.65%
Energy 0.44%
Financial 17.2%
Healthcare 6.15%
Services 15.3%
Technology 18.41%
Transportation 2.28%
Utilities

22 Activity Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CHASE CORP COM 16,244 -367 (2.21) 408,663
SCRIPPS E W CO OHIO CL A NEW 14,373 -350 (2.38) 629,031
KAPSTONE PAPER & PACKAGING CRP COM 12,930 -1,329 (9.32) 559,249
INFUSYSTEM HLDGS INC COM 6,658 266 4.16 2,087,064
PMFG INC COM 5,189 11 .21 806,990
COMPUTER TASK GROUP INC COM 4,631 2,932 172.52 599,853
RAND LOGISTICS INC COM 3,231 873 37.05 997,215
VIRCO MFG CO COM 2,953 2 .08 1,036,214
JOURNAL MEDIA GROUP INC COM 2,927 2,221 314.76 353,027
GREAT LAKES DREDGE & DOCK CORP COM 2,851 19 .67 478,427
PATHFINDER BANCORP INC MD COM 1,839 14 .77 156,351
DAWSON GEOPHYSICAL CO NEW COM 1,521 1,097 258.26 323,662
NATIONAL PENN BANCSHARES INC COM 1,426 45 3.27 126,436
SAGA COMMUNICATIONS INC CL A NEW 681 43 6.81 17,992
MER TELEMANAGEMENT SOLUTIONS SHS 612 68 12.56 222,625
AMERISERV FINL INC COM 396 222 127.97 119,000
BENEFICIAL BANCORP INC COM 378 (0) 30,231
KOSS CORP COM 246 .19 106,555
COMMAND SEC CORP COM 62 -16 (20.75) 30,550
HALLADOR ENERGY COMPANY COM -139 Sold Out 0