Arkolith/Funds/Minerva Advisors LLC

Minerva Advisors LLC

CIK 1541536
Holdings as of Jun 30, 2026·disclosed Aug 12, 2026·~43-day 13F lag·13F-HR
Active Filer

Minerva Advisors LLC holds a focused book of 46 stocks worth $158.3M as of Q2 2026 (disclosed Aug 12, 2026, a ~43-day 13F lag). This quarter they trimmed Sifco Industries. Their largest long position is Eastern Co at 10% of the equity book.

Opened
0
bought for the first time
no new positions
Added to
10
already held, bought more
Trimmed
5
sold some, still holds it
Sold out
2
exited the position entirely

Concentration

Top-heavy: focused book

Top 5 holdings
40%
Top 10 holdings
61%
Top 20 holdings
85%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

100% mapped to company sectors

Industrials
33%
Financials
21%
Consumer Discretionary
16%
Health Care
12%
Materials
10%
Information Technology
4%
Communication Services
3%
ETF / fund or unclassified
0%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Minerva Advisors LLC

Manager / fundShared namesTheir $ in those
VANGUARD FIDUCIARY TRUST CO48 / 46$347.8M
VANGUARD CAPITAL MANAGEMENT LLC47 / 46$3.0B
BlackRock, Inc.46 / 46$6.2B
MORGAN STANLEY46 / 46$1.1B
Vanguard Global Advisers, LLC46 / 46$83.2M
GEODE CAPITAL MANAGEMENT, LLC45 / 46$1.7B
ROYAL BANK OF CANADA44 / 46$288.8M
RENAISSANCE TECHNOLOGIES LLC44 / 46$230.6M

Ranked by how many of Minerva Advisors LLC's top 46 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

46 positions
#SecurityValueShares% PortLast moveHistory
1Eastern Co
COM
$15.2M546.4K
9.6%
Held
2Tredegar Corp
COM
$13.3M1.67M
8.4%
Held
3Infusystem Hldgs Inc
COM
$13.0M1.35M
8.2%
+12%
Added · +145K sh
4Sifco Inds Inc
COM
$10.7M455.6K
6.7%
−5.2%
Reduced · −25K sh
5Escalade Inc
COM
$10.7M567.2K
6.7%
−0.1%
Reduced · −399 sh
6Virco MFG Co
COM
$9.4M1.54M
6.0%
+1.2%
Added · +18K sh
7Utah Med Prods Inc
COM
$6.5M93.6K
4.1%
Held
8Unifi Inc
COM NEW
$6.0M1.26M
3.8%
~0%
Added · +166 sh
9DLH Hldgs Corp
COM
$5.9M1.12M
3.7%
+0.3%
Added · +3K sh
10Navigator Hldgs Ltd
SHS
$5.5M296.2K
3.5%
Held
11Kewaunee Scientific Corp
COM
$5.3M149.4K
3.4%
+9.3%
Added · +13K sh
12Scripps E W Co Ohio
CL A NEW
$5.1M1.83M
3.2%
+20%
Added · +306K sh
13Camden Natl Corp
COM
$4.9M89.6K
3.1%
Held
14Astronics Corp
COM
$4.5M55.0K
2.8%
−22%
Reduced · −15K sh
15Pathfinder Bancorp Inc MD
COM
$4.2M262.2K
2.6%
Held
16Freightcar Amer Inc
COM
$3.7M379.0K
2.3%
+11%
Added · +38K sh
17Kelly Svcs Inc
CL A
$3.1M253.2K
2.0%
+27%
Added · +53K sh
18Foster L B Co
COM
$3.1M67.9K
1.9%
−19%
Reduced · −16K sh
19Crawford & Co
CL B
$3.0M288.2K
1.9%
Held
20Ni Hldgs Inc
COM
$2.0M129.9K
1.3%
Held
21Columbia Finl Inc
COM
$1.9M89.3K
1.2%
+164%
Added · +56K sh
22Mid Penn Bancorp Inc
COM
$1.9M54.2K
1.2%
Held
23Citizens Finl Group Inc
COM
$1.5M21.5K
1.0%
Held
24Eastern Bankshares Inc
COM
$1.4M62.6K
0.9%
Held
25Unisys Corp
COM NEW
$1.3M345.3K
0.8%
Held
26F N B Corp
COM
$1.2M64.1K
0.8%
Held
27First Merchants Corp
COM
$1.0M23.7K
0.7%
Held
28Ecb Bancorp Inc
COM
$1.0M49.9K
0.6%
Held
29Citizens & Northn Corp
COM
$1000K42.9K
0.6%
Held
30Contango Silver & Gold Inc
COM
$942K59.6K
0.6%
Held
31Central Plains Bancshares In
COM
$935K49.1K
0.6%
Held
32Norwood Financial Corp
COM
$919K28.6K
0.6%
Held
33FMC Corp
COM NEW
$897K78.0K
0.6%
+63%
Added · +30K sh
34Donegal Group Inc
CL A
$877K46.5K
0.6%
Held
35Marathon Bancorp Inc
COM NEW
$852K55.8K
0.5%
−5.5%
Reduced · −3K sh
36Lake Shore Bancorp Inc
COM
$788K44.3K
0.5%
Held
37First BK Williamstown New Je
COM
$729K41.1K
0.5%
Held
38Horizon Bancorp Ind
COM
$700K35.1K
0.4%
Held
39Northwest Bancshares Inc
COM
$576K38.0K
0.4%
Held
40Thryv Hldgs Inc
COM NEW
$569K144.3K
0.4%
Held
41First Comwlth Finl Corp Pa
COM
$520K25.6K
0.3%
Held
42Eagle Bancorp Mont Inc
COM
$505K21.1K
0.3%
Held
43Richmond Mut Bancorporation
COM
$480K30.2K
0.3%
Held
44Donegal Group Inc
CL B
$389K17.9K
0.2%
Held
45Deluxe Corp Medium Term NTS
COM
$332K13.9K
0.2%
Held
46Ameriserv Finl Inc
COM
$226K58.2K
0.1%
Held
Showing all 46 positions
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Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 12, 202646$158.3M13F-HR
Q1 2026Mar 31, 2026May 12, 202692$154.9M13F-HR
Q4 2025Dec 31, 2025Feb 9, 2026104$149.7M13F-HR
Q3 2025Sep 30, 2025Nov 12, 2025103$157.5M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.