Minerva Advisors LLC

Q3 2020 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
September 30, 2020
Value $
$148M
Num holdings
77
Date filed
11/12/2020, 02:27 PM
Form type
13F-HR
Description
All US holdings of this investor are reported in this report. Top holdings included INFU, CCF, USLM, GLDD, and TRNS.
Previous filing
Q2 2020 - Aug 12, 2020
Filing 2020 Q3 compared to 2020 Q2 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 11/12/2020

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.