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 17.39%
Capital Goods 10.56%
Conglomerates
Consumer Cyclical 7.12%
Consumer/Non-Cyclical 1.75%
Energy 0.48%
Financial 16.37%
Healthcare 5.94%
Services 14.78%
Technology 18.11%
Transportation 2.37%
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 -166 Sold Out 0
MOLYCORP INC DEL COM -9 Sold Out 0
SUPERIOR UNIFORM GP INC COM -703 Sold Out 0
ATRION CORP COM 3,171 New 8,342
FIRST MERCHANTS CORP COM 280 New 11,960
BREEZE EASTERN CORP COM 133 New 13,000
COMMUNITY BK SYS INC COM 495 New 13,938
PEOPLES UNITED FINANCIAL INC COM 224 New 14,518
NORWOOD FINANCIAL CORP COM 431 New 14,737
SIFCO INDS INC COM 224 New 15,000
EMCLAIRE FINL CORP COM 369 New 15,359
WATERSTONE FINL INC MD COM 208 New 16,000
ASML HOLDING N V N Y REGISTRY SHS 2,001 New 17,937
SAGA COMMUNICATIONS INC CL A NEW 706 45 6.81 17,992
TRANSENTERIX INC COM NEW 72 New 18,343
TREDEGAR CORP COM 393 New 19,377
DONEGAL GROUP INC CL B 427 New 21,506
PDI INC COM 28 New 22,195
OCONEE FED FINL CORP COM 465 New 22,902
EAGLE BANCORP MONT INC COM 273 New 25,598