MINERVA ADVISORS LLC Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 76
New Positions 1
Increased Positions 10
Decreased Positions 12
Positions with Activity 22
Sold Out Positions 5
Total Mkt Value (in $ millions) 168

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

Sector Weighting

Basic Materials 16.83%
Capital Goods 16.19%
Conglomerates
Consumer Cyclical 6.78%
Consumer/Non-Cyclical 1.36%
Energy 5.22%
Financial 14.88%
Healthcare 4.38%
Services 11.88%
Technology 15.98%
Transportation 1.47%
Utilities

76 Positions as of 12/31/2013

Company ▲ Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
A H BELO CORP COM CL A 8,370 14 .17 769,282
AEHR TEST SYSTEMS COM 158 New 58,702
AMERISERV FINL INC COM 187 New 52,200
AMPCO-PITTSBURGH CORP COM 1,232 New 58,900
APCO OIL & GAS INTERNATIONAL I SHS 5,907 258 4.57 422,210
ARGAN INC COM 780 -362 (31.71) 28,654
ASML HOLDING N V N Y REGISTRY SHS 1,465 New 17,937
ASTRONICS CORP CL B -1,617 Sold Out 0
ASTRONICS CORP COM 6,567 -1,598 (19.57) 113,594
ATRION CORP COM 2,394 New 8,342
BENEFICIAL MUTUAL BANCORP INC COM 375 New 27,486
BREEZE EASTERN CORP COM 128 New 13,000
CAMDEN NATL CORP COM 4,768 New 115,836
CENTURY BANCORP INC MASS CL A NON VTG 1,243 New 36,113
CHARTER FINL CORP MD COM 1,493 New 139,658
CHASE CORP COM 13,620 -132 (0.96) 417,905
CIMATRON LTD ORD 1,165 New 168,774
CITIZENS & NORTHN CORP COM 818 505 161.59 42,900
CMS BANCORP INC COM 192 New 19,775
COMMUNITY BK SYS INC COM 537 New 13,938