SEC 13F Intelligence

Managers / Q3 2019 · view latest →

Lesa Sroufe & Co

CIK 0001492162 · 801 2ND AVENUE SUITE 304, SEATTLE, WA, 98104 · 206-838-8385

Reported Value
$105M
Q3 2019
Positions
61
Filings on Record
28
2019–present window
Filed
Oct 25, 2019
original filing

Summary

Lesa Sroufe & Co reported $105M in U.S.-listed holdings across 61 positions for Q3 2019.

Its largest position, M D C Holding, represents 5.3% of the portfolio.

Compared with Q2 2019, the fund opened 1 new position and exited 2.

Portfolio Metrics

Turnover
+4.2%
vs prior filed quarter
Top-10 Concentration
+39.2%
share of reported value
Largest Position
+5.3%
M D C Holding
New / Exited
1 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $117MQ1 ’19Q2 ’19: $113MQ3 ’19: $105MQ4 ’19: $105MQ1 ’20: $74MQ1 ’20Q2 ’20: $75MQ3 ’20: $72MQ4 ’20: $84MQ1 ’21: $90MQ1 ’21Q2 ’21: $100MQ3 ’21: $94MQ4 ’21: $100MQ1 ’22: $100MQ1 ’22Q3 ’22: $83MQ4 ’22: $90MQ1 ’23: $99MQ2 ’23: $94MQ2 ’23Q3 ’23: $93MQ4 ’23: $98MQ1 ’24: $107MQ2 ’24: $103MQ2 ’24Q3 ’24: $107MQ1 ’25: $100MQ2 ’25: $109MQ3 ’25: $124MQ3 ’25Q4 ’25: $134MQ1 ’26: $147Mfilingsflow.com

Portfolio Composition

By security type
Other: 44.4%Common Stock: 43.7%ADR: 11.2%ETP: 0.4%REIT: 0.3%Royalty Trst: 0.0%
  • Other · 44.4% · $47M
  • Common Stock · 43.7% · $46M
  • ADR · 11.2% · $12M
  • ETP · 0.4% · $406,000
  • REIT · 0.3% · $292,000
  • Royalty Trst · 0.0% · $47,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NOKNOKIA CORP SPON F SPONSORED ADNEW+484.1K484.1K+$2M$2M
THEMAVEN INCSOLD OUT−14.0K0−$9,000$0
SEACO LTD ORD FSOLD OUT−20.0K0+$0$0
SPDR BLOOMBERG BARCLAYS 1-3 MOTRIMMED−11.3K26.4K−$1M$2M
SCHXSCHWAB US LARGE CAP ETFADDED+8253.7K+$61,000$264,000
BPBP PLC F SPONSORED ADR 1 ADR RTRIMMED−9.2K54.1K−$584,000$2M
DAKTDAKTRONICS INCTRIMMED−42.9K281.8K+$77,000$2M
CVXCHEVRON CORPORATIONADDED+2462.3K+$18,000$270,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2019

61 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1M D C HOLDING INCCOM5.34%$6M129.7K
2TELEFONICA BRASIL SAADR4.29%$4M341.5K
3PAASPAN AMERICAN SILVER Fhistory →COM4.13%$4M275.9K
4MSFTMICROSOFT CORPhistory →COM3.98%$4M30.0K
5NUTRIEN LTDCOM3.78%$4M79.3K
6M & T BANK CORPCOM3.70%$4M24.6K
7EXELON CORPORATIONCOM3.63%$4M78.8K
8ANGLOGOLD ASHANTI F SPONSOREDADR3.57%$4M204.9K
9NEMNEWMONT MINING CORPhistory →COM3.49%$4M96.4K
10ORANYORANGE SA F SPONSORED ADR 1 ADhistory →ADR3.28%$3M221.0K
11LAZARD LTD LPCOM2.82%$3M84.6K
12PROSHARES SHORT S&P 500 ETF NECOM2.76%$3M110.7K
13FLEXTRONICS INTL LTD FCOM2.59%$3M259.6K
14CHINA MOBILE LTD F SPONSORED AADR2.53%$3M64.0K
15BUNGE LIMITED FCOM2.52%$3M46.6K
16BANCO BILBAO ARGEN F SPONSOREDADR2.50%$3M503.9K
17WMKWEIS MARKETS, INChistory →COM2.50%$3M68.6K
18JOEST JOE COMPANYhistory →COM2.39%$3M146.1K
19TOTAL S A F SPONSORED ADR 1 ADADR2.38%$2M47.9K
20PETROLEO BRASILEIRO F SPONSOREADR2.36%$2M170.9K
21NOKNOKIA CORP SPON F SPONSORED ADhistory →ADR2.34%$2M484.1K
22SPDR BLOOMBERG BARCLAYS 1-3 MOCOM2.31%$2M26.4K
23BENFRANKLIN RESOURCES INChistory →COM2.29%$2M83.3K
24CERSCERUS CORPhistory →COM2.28%$2M462.9K
25DIANA SHIPPING INC FCOM2.20%$2M682.2K
26DAKTDAKTRONICS INChistory →COM1.99%$2M281.8K
27BPBP PLC F SPONSORED ADR 1 ADR Rhistory →ADR1.96%$2M54.1K
28AAALCOA CORPhistory →COM1.89%$2M98.7K
29EMBRAER SAADR1.86%$2M113.1K
30SCHNITZER STL INDS CLASS ACOM1.60%$2M81.3K
31TPCTUTOR PERINI CORPhistory →COM1.58%$2M115.7K
32AMGNAMGEN INCORPORATEDhistory →COM1.57%$2M8.5K
33FLRFLUOR CORPhistory →COM1.37%$1M75.0K
34CVSCVS HEALTH CORPCOM0.73%$763,00012.1K
35MCDMCDONALD'S CORPCOM0.66%$693,0003.2K
36AMZNAMAZON COM INCCOM0.62%$653,000376
37AAPLAPPLE INCCOM0.57%$602,0002.7K
38WBAWALGREENS BOOTS ALLIANCE INCCOM0.54%$564,00010.2K
39PGPROCTER & GAMBLECOM0.49%$514,0004.1K
40PEPPEPSICO INCORPORATEDCOM0.49%$511,0003.7K
41BABOEING COCOM0.47%$492,0001.3K
42JNJJOHNSON & JOHNSONCOM0.41%$432,0003.3K
43MERCK & CO INCCOM0.41%$429,0005.1K
44BKUTKBANK OF UTICA N YCOM0.40%$422,0001.0K
45AMERISERV FINANCIALCOM0.40%$414,000100.0K
46SYYSYSCO CORPCOM0.36%$380,0004.8K
47CARBO CERAMICS INCCOM0.32%$338,000140.8K
48DISWALT DISNEY COCOM0.31%$320,0002.5K
49FACEBOOK INC CLASS ACOM0.30%$312,0001.8K
501/100 BERKSHIRE HTWY CLA 100 SCOM0.30%$312,000100
51BRTBRT APARTMENTS CORPCOM0.28%$292,00020.0K
52OMEROMEROS CORPCOM0.28%$290,00017.7K
53CISCO SYSTEMS INCCOM0.27%$287,0005.8K
54UNITEDHEALTH GROUP INCCOM0.27%$283,0001.3K
55CVXCHEVRON CORPORATIONCOM0.26%$270,0002.3K
56SCHXSCHWAB US LARGE CAP ETFCOM0.25%$264,0003.7K
57SPDR GOLD SHARES ETFCOM0.24%$251,0001.8K
58KOCOCA COLA COMPANYCOM0.21%$215,0003.9K
59TMOTHERMO FISHER SCNTFCCOM0.20%$207,000710
60ISHARES GOLD ETFCOM0.14%$142,00010.1K
61SJTSAN JUAN BASIN ROYALTY TRUSTCOM0.04%$47,00015.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$147M69Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$134M69Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2025$124M69Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$109M70Jul 29, 202513F-HRchanges · EDGAR ↗
Q1 2025$100M73Apr 18, 202513F-HRchanges · EDGAR ↗
Q3 2024$107M74Oct 16, 202413F-HRchanges · EDGAR ↗
Q2 2024$103M71Jul 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$107M74May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$98M65Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$93M66Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$94M67Jul 20, 202313F-HRchanges · EDGAR ↗
Q1 2023$99M71Apr 19, 202313F-HRchanges · EDGAR ↗
Q4 2022$90M68Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$83M65Oct 27, 202213F-HRchanges · EDGAR ↗
Q1 2022$100M73Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$100M72Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$94M71Nov 1, 202113F-HRchanges · EDGAR ↗
Q2 2021$100M72Jul 22, 202113F-HRchanges · EDGAR ↗
Q1 2021$90M68May 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$84M69Jan 29, 202113F-HRchanges · EDGAR ↗
Q3 2020$72M64Oct 26, 202013F-HRchanges · EDGAR ↗
Q2 2020$75M61Aug 6, 202013F-HRchanges · EDGAR ↗
Q1 2020$74M58May 8, 2020RESTATEMENTchanges · EDGAR ↗
Q4 2019$105M62Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$105M61Oct 25, 201913F-HRchanges · EDGAR ↗
Q2 2019$113M62Jul 29, 201913F-HRchanges · EDGAR ↗
Q1 2019$117M60May 3, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.