Minerva Advisors LLC
Annual return '25
+6.5%
SPY '25
+17.7%
Alpha
-11.2ptsvs SPY
Invested
$154.9M
Holdings
48
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 93%. 3 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$GLDD
GREAT LAKES DREDGE & DOCK CO
Q1 2026: Exited (was 1.92M shares)
11.3%
02
$TG
TREDEGAR CORP
Q1 2026: Exited (was 1.91M shares)
8.5%
03
$INFU
INFUSYSTEM HLDGS INC
Q1 2026: Exited (was 1.53M shares)
7.2%
04
$EML
EASTERN CO
Q1 2026: Exited (was 674.8k shares)
7.1%
05
$ESCA
ESCALADE INC
Q1 2026: Exited (was 784.1k shares)
6.3%
06
$VIRC
VIRCO MANUFACTURING CO
Q1 2026: Exited (was 1.83M shares)
6.0%
07
$DLHC
DLH HOLDINGS CORP
Q1 2026: Exited (was 1.35M shares)
4.2%
08
$SIF
SIFCO INDUSTRIES INC
Q1 2026: Exited (was 747.1k shares)
4.1%
09
$UTMD
UTAH MEDICAL PRODUCTS INC
Q1 2026: Exited (was 121.9k shares)
3.7%
10
$NVGS
NAVIGATOR HOLDINGS LTD
Q1 2026: Exited (was 459.5k shares)
3.7%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 12:10 UTC.