Minerva Advisors LLC
Minerva Advisors LLC is an independent investment management firm headquartered in Bala Cynwyd, Pennsylvania. Founded in 2005, the firm manages assets for institutional investors and high net worth individuals, specializing in value-oriented strategies targeting small and micro-cap equities. It operates with a lean team of 3 professionals, led by David P. Cohen, focusing on generating alpha through deep fundamental research and active portfolio management.
Investment Strategy
Minerva Advisors LLC applies a value-driven investment approach, concentrating on undervalued, overlooked small and micro-cap public companies. The firm employs rigorous bottom-up fundamental analysis to identify stocks trading below intrinsic value, often engaging with management to unlock shareholder value. Their strategies can include activism, corporate governance improvements, and event-driven opportunities, with thorough diligence guiding investment decisions.
Top Holdings
Equity Positions (55)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
G GLDD | GREAT LAKES DREDGE & DOCK CO | 11.09% | $16.9M | 1,389,807 | $6.52 | $12.19 | +$4.8M |
T TG | TREDEGAR CORP | 9.56% | $14.6M | 1,657,107 | $6.91 | $8.80 | +$1.8M |
E EML | EASTERN CO | 7.85% | $12.0M | 525,053 | $17.93 | $22.82 | -$829.9K |
V VIRC | VIRCO MANUFACTURING CO | 6.71% | $10.2M | 1,283,516 | $4.25 | $7.98 | -$1.2M |
A ATRO | ASTRONICS CORP | 5.61% | $8.6M | 255,905 | $12.15 | $33.48 | -$2.6M |