MINERVA ADVISORS LLC Information

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

Report Date: 06/30/2014

Position Statistics

Total Positions 77
New Positions 1
Increased Positions 10
Decreased Positions 9
Positions with Activity 19
Sold Out Positions 2
Total Mkt Value (in $ millions) 174

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

Sector Weighting

Basic Materials 19.38%
Capital Goods 11.81%
Conglomerates
Consumer Cyclical 6.16%
Consumer/Non-Cyclical 1.53%
Energy 5.29%
Financial 15.55%
Healthcare 4.53%
Services 12.82%
Technology 16.16%
Transportation 1.38%
Utilities

77 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▲ Change in Value ($1,000s) Change (%) Shares Held
ARGAN INC COM -767 Sold Out 0
GIGA TRONICS INC COM -27 Sold Out 0
TIGER MEDIA INC SHS 16 New 29,800
PDI INC COM 39 10 32.70 13,372
COMMAND SEC CORP COM 55 New 25,750
MOLYCORP INC DEL COM 56 New 31,134
KOSS CORP COM 117 New 44,494
BREEZE EASTERN CORP COM 132 New 13,000
AEHR TEST SYSTEMS COM 153 New 58,702
AMERISERV FINL INC COM 169 New 52,200
PSB HLDGS INC COM 201 88 76.87 25,897
MER TELEMANAGEMENT SOLUTIONS SHS 214 New 177,183
PEOPLES UNITED FINANCIAL INC COM 218 New 14,518
CMS BANCORP INC COM 235 New 19,775
FIRST MERCHANTS CORP COM 244 New 11,960
MAM SOFTWARE GROUP INC COM NEW 245 New 41,113
HALLADOR ENERGY COMPANY COM 261 New 19,420
EAGLE BANCORP MONT INC COM 276 New 25,598
LAKE SHORE BANCORP INC COM 367 10 2.69 29,669
BENEFICIAL MUTUAL BANCORP INC COM 382 New 27,486