MINERVA ADVISORS LLC Information

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

Report Date: 03/31/2014

Position Statistics

Total Positions 76
New Positions 5
Increased Positions 13
Decreased Positions 5
Positions with Activity 18
Sold Out Positions 0
Total Mkt Value (in $ millions) 172

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

Sector Weighting

Basic Materials 18.23%
Capital Goods 12.09%
Conglomerates
Consumer Cyclical 6.72%
Consumer/Non-Cyclical 1.47%
Energy 5.33%
Financial 15.64%
Healthcare 4.49%
Services 12.75%
Technology 16%
Transportation 1.36%
Utilities

5 New Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
WATERSTONE FINL INC MD COM 1,600 1,600 New 142,000
FIRST MERCHANTS CORP COM 242 242 New 11,960
HALLADOR ENERGY COMPANY COM 238 238 New 19,420
COMMAND SEC CORP COM 48 48 New 25,750
PDI INC COM 41 41 New 10,077