Minerva Advisors LLC

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Minerva Advisors LLC
CRD #161408
SEC #801-73417
CIK #0001541536
AUM 321.0 M (2026-03-27)
Employees 4 (50% Investors, 0% Brokers)
Phone484-434-2258
Address50 Monument Road Suite 201
Bala Cynwyd, PA 19004
Source [IAPD] [EDGAR]
Total AUM ($M)
3502802101407002010201520212027
Sector Form 13F Holdings Value ($M)
Tredegar Corp 13.2
Infusystem Holdings Inc 11.1
Eastern Co 11.1
Escalade Inc 9.7
Virco MFG Corporation 9.3
Teamstaff Inc 6.5
Sifco Industries Inc 6.4
Utah Medical Products Inc 5.8
Navigator Holdings Ltd 5.7
Scripps E W Co /DE 5.7
View All
Holdings by Sector ($M)
200160120804002011201620212027
Type Form D Funds Date Sold AUM
Other Minerva 1894 LP [2023-03-30] 44.9 M 53.0 M
Offered $44,890,000 · Filed 2022-03-14 (D) · Exemption 506(b) · Minimum $250,000 · Duration One year or less · Revenue Decline to Disclose
HF Minerva Group LP [2012-02-13] 94.6 M 181.2 M
Filed 2026-01-22 (D/A) · Exemption 3(c), 3(c)(1) · Minimum $250,000 · Remaining Indefinite · Duration More than one year · Net Assets Over $100,000,000
AUM Breakdown Accounts AUM ($M)
By Client Type
(a) Individuals (other than high net worth individuals) 0 0.0
(b) Individuals (high net worth individuals) 5 86.9
(c) Banking or thrift institutions 0 0.0
(d) Investment companies 0 0.0
(e) Business development companies 0 0.0
(f) Pooled investment vehicles 2 234.2
(g) Pension and profit sharing plans 0 0.0
(h) Charitable organizations 0 0.0
(i) State or municipal government entities 0 0.0
(j) Other investment advisers 0 0.0
(k) Insurance companies 0 0.0
(l) Sovereign wealth funds and foreign official institutions 0 0.0
(m) Corporations or other businesses not listed above 0 0.0
(n) Other 0 0.0
Total 7 321.0
By Discretionary
Discretionary 6 312.5
Non-Discretionary 1 8.5
Total 7 321.0
By Non-United States Persons
Non-United States Persons 0.0
United States Persons 321.0
Total 7 321.0
Form D Directors Role # Filings # Firms 2011 - 2026
David Cohen Executive Officer 242 13
Minerva GP LP Minerva GP LP Executive Officer 3 2
Minerva 1894 GP Executive Officer 2 2
EDGAR Form CIK 2011 - 2026
13F-HR [0001541536]
3 [0001541536]
SC 13D [0001541536]
SC 13G [0001541536]
Form 13D/13G Filer Form 13D/13G Subject Filed
Minerva Advisors LLC Infusystem Holdings Inc [2025-12-03]
Minerva Advisors LLC Seneca Bancorp Inc [2025-11-20]
Minerva Advisors LLC Unifi Inc [2025-04-11]
Minerva Advisors LLC DLH Holdings Corp [2024-10-17]
Minerva Advisors LLC Gouverneur Bancorp Inc/MD/ [2024-01-09]
Minerva Advisors LLC Kewaunee Scientific Corp /DE/ [2021-06-09]
Minerva Advisors LLC Nuvera Communications Inc [2020-12-01]
Minerva Advisors LLC Sifco Industries Inc [2020-05-18]
Minerva Advisors LLC Williams Industrial Services Group Inc [2020-04-01]
Minerva Advisors LLC Universal Stainless & Alloy Products Inc [2019-09-16]
View All
Firm Profile (Form ADV)
Discretionary AUM$0.3B
ServesInstitutional, Retail
Fund TypesHedge Fund
Form 3/4/5 Subject 2011 - 2026
Cohen David P
Minerva GP LP
Minerva Advisors LLC
Minerva GP Inc
Minerva Group L P
Telos Corp
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