MINERVA ADVISORS LLC Information

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

Report Date: 12/31/2015

Position Statistics

Total Positions 73
New Positions 1
Increased Positions 14
Decreased Positions 10
Positions with Activity 24
Sold Out Positions 4
Total Mkt Value (in $ millions) 154

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

Sector Weighting

Basic Materials 14.48%
Capital Goods 10.82%
Conglomerates
Consumer Cyclical 6.66%
Consumer/Non-Cyclical 1.77%
Energy 0%
Financial 21.72%
Healthcare 6.16%
Services 13.23%
Technology 20.04%
Transportation 1.34%
Utilities

14 INCREASED Positions as of 12/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
UNITED STATES LIME & MINERALS COM 6,817 324 4.99 127,262
NAVIGATOR HOLDINGS LTD SHS 5,815 905 18.43 381,534
UNIVERSAL STAINLESS & ALLOY COM 4,031 2,973 281.04 309,370
GREAT LAKES DREDGE & DOCK CORP COM 3,626 114 3.25 793,477
COMPUTER TASK GROUP INC COM 3,451 102 3.06 671,487
DAWSON GEOPHYSICAL CO NEW COM 1,902 215 12.78 370,665
ONVIA INC COM NEW 1,635 185 12.79 454,053
RAND LOGISTICS INC COM 1,625 298 22.46 1,760,843
ECOLOGY & ENVIRONMENT INC CL A 825 52 6.77 75,674
COMMUNITY BK SYS INC COM 665 113 20.53 16,799
SIFCO INDS INC COM 429 64 17.58 40,203
AMERISERV FINL INC COM 390 27 7.56 128,000
KOSS CORP COM 256 22 9.19 116,346
SYNALLOY CP DEL COM 160 160 New 19,100