MINERVA ADVISORS LLC Information

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

Report Date: 06/30/2014

Position Statistics

Total Positions 77
New Positions 1
Increased Positions 10
Decreased Positions 10
Positions with Activity 20
Sold Out Positions 2
Total Mkt Value (in $ millions) 173

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

Sector Weighting

Basic Materials 20.13%
Capital Goods 11.56%
Conglomerates
Consumer Cyclical 6.51%
Consumer/Non-Cyclical 1.45%
Energy 5.21%
Financial 15.31%
Healthcare 4.4%
Services 12.62%
Technology 16.05%
Transportation 1.35%
Utilities

10 INCREASED Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SCRIPPS E W CO OHIO CL A NEW 6,778 181 2.75 336,864
EASTERN CO COM 6,038 3,926 185.97 371,774
APCO OIL & GAS INTERNATIONAL I SHS 5,993 51 .85 436,525
PMFG INC COM 4,416 208 4.94 810,290
VIRCO MFG CO COM 2,501 10 .41 996,414
PATHFINDER BANCORP INC COM 1,410 22 1.62 93,988
STATE AUTO FINL CORP COM 497 497 New 23,018
LAKE SHORE BANCORP INC COM 368 10 2.69 29,669
PSB HLDGS INC COM 174 75 76.87 25,897
PDI INC COM 55 14 32.70 13,372