MINERVA ADVISORS LLC Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 76
New Positions 3
Increased Positions 13
Decreased Positions 9
Positions with Activity 22
Sold Out Positions 2
Total Mkt Value (in $ millions) 164

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

Sector Weighting

Basic Materials 20.85%
Capital Goods 11.37%
Conglomerates
Consumer Cyclical 6.82%
Consumer/Non-Cyclical 1.75%
Energy 0.52%
Financial 16.14%
Healthcare 4.76%
Services 15.05%
Technology 17.86%
Transportation 1.78%
Utilities

76 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
FIRST MERCHANTS CORP COM 271 New 11,960
CMS BANCORP INC COM 261 New 19,775
PEOPLES UNITED FINANCIAL INC COM 219 New 14,518
MAM SOFTWARE GROUP INC COM NEW 217 New 41,113
HALLADOR ENERGY COMPANY COM 212 New 16,720
WATERSTONE FINL INC MD COM 204 -758 (78.79) 16,000
PSB HLDGS INC COM 202 New 25,897
AMERISERV FINL INC COM 152 New 52,200
AEHR TEST SYSTEMS COM 151 New 58,702
BREEZE EASTERN CORP COM 134 New 13,000
COMMAND SEC CORP COM 78 New 38,550
TRANSENTERIX INC COM NEW 52 52 New 18,343
PDI INC COM 36 New 22,195
MOLYCORP INC DEL COM 14 -13 (49.92) 15,593
KIMCO RLTY CORP COM -583 Sold Out 0
TIGER MEDIA INC SHS -31 Sold Out 0