Minerva Advisors LLC

Q4 2015 13F Holdings Report, Stock Holdings

Signature - Title
Beth N. Lowson - Attorney-In-Fact for David P. Cohen, President of Minerva
Location
Bala Cynwyd, PA
Holdings as of
31 Dec 2015
Value $
$151M
Num holdings
73
Filing time
11 Feb 2016, 11:34:49 UTC
Form type
13F-HR
Description
All US holdings of this investor are reported in this report. Top holdings included CCF, KS, SSP, USLM, and EML.
Previous filing
Q3 2015 - 12 Nov 2015
Next filing
Q1 2016 - 13 May 2016
Sym Weight Trade Impact Company Class Shares Change Activity Value Change $ Value $ * Price $ Shares Principal
Filing 2015 Q4 compared to 2015 Q3 by default.
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name Title City, State Date
Beth N. Lowson Attorney-In-Fact for David P. Cohen, President of Minerva White Plains, New York 11 Feb 2016

In the Information Table, shares reported as "SOLE" under Column 6 and Column 8 are held by Minerva Group, LP, a private fund managed by Minerva Advisors LLC. Shares reported as "OTR" under Column 6 and "SHARED" under Column 8 relate to managed accounts for which Minerva Advisors LLC is the investment advisor.