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) 165

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

Sector Weighting

Basic Materials 17.31%
Capital Goods 10.64%
Conglomerates
Consumer Cyclical 7.18%
Consumer/Non-Cyclical 1.71%
Energy 0.46%
Financial 16.39%
Healthcare 5.97%
Services 15.1%
Technology 18.05%
Transportation 2.33%
Utilities

73 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
HALLADOR ENERGY COMPANY COM -157 Sold Out 0
MOLYCORP INC DEL COM -10 Sold Out 0
SUPERIOR UNIFORM GP INC COM -670 Sold Out 0
COMMAND SEC CORP COM 61 -16 (20.75) 30,550
KAPSTONE PAPER & PACKAGING CRP COM 15,323 -1,576 (9.32) 559,249
SCRIPPS E W CO OHIO CL A NEW 14,172 -345 (2.38) 629,031
CHASE CORP COM 15,762 -356 (2.21) 408,663
BENEFICIAL BANCORP INC COM 369 (0) 30,231
A H BELO CORP COM CL A 4,750 New 772,384
AEHR TEST SYSTEMS COM 132 New 58,702
AMPCO-PITTSBURGH CORP COM 961 New 59,971
ASML HOLDING N V N Y REGISTRY SHS 2,018 New 17,937
ASTRONICS CORP COM 2,455 New 33,489
ATRION CORP COM 3,195 New 8,342
BREEZE EASTERN CORP COM 134 New 13,000
CAMDEN NATL CORP COM 4,445 New 115,836
CENTURY BANCORP INC MASS CL A NON VTG 1,406 New 36,113
CHARTER FINL CORP MD COM 1,697 New 139,658
CITIZENS & NORTHN CORP COM 838 New 42,900
COMMUNITY BK SYS INC COM 495 New 13,938