SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Lesa Sroufe & Co

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

Reported Value
$72M
Q3 2020
Positions
64
Filings on Record
28
2019–present window
Filed
Oct 26, 2020
original filing

Summary

Lesa Sroufe & Co reported $72M in U.S.-listed holdings across 64 positions for Q3 2020.

Its largest position, MSFT, represents 8.3% of the portfolio.

Compared with Q2 2020, the fund opened 5 new positions and exited 2.

Portfolio Metrics

Turnover
+8.0%
vs prior filed quarter
Top-10 Concentration
+41.7%
share of reported value
Largest Position
+8.3%
Microsoft
New / Exited
5 / 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
Common Stock: 49.8%Other: 42.7%ADR: 6.6%ETP: 0.7%REIT: 0.3%
  • Common Stock · 49.8% · $36M
  • Other · 42.7% · $31M
  • ADR · 6.6% · $5M
  • ETP · 0.7% · $470,000
  • REIT · 0.3% · $236,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AVISTA CORPORATIONNEW+38.3K38.3K+$1M$1M
UVVUNIVERSAL CORPNEW+22.8K22.8K+$956,000$956,000
RRCRANGE RESOURCES CORPNEW+131.7K131.7K+$872,000$872,000
VANGUARD INFORMATION TECHNOLOGNEW+782782+$244,000$244,000
ABTABBOTT LABORATORIESNEW+1.9K1.9K+$208,000$208,000
AAPLAPPLE INCADDED+2.5K3.4K+$62,000$395,000
BPBP PLC F SPONSORED ADR 1 ADR RSOLD OUT−48.2K0−$1M$0
CVXCHEVRON CORPORATIONSOLD OUT−2.3K0−$201,000$0

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

Holdings — Q3 2020

64 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM8.32%$6M28.4K
2NEMNEWMONT MINING CORPhistory →COM5.99%$4M67.9K
3PAASPAN AMERICAN SILVER Fhistory →COM5.71%$4M127.7K
4ISHARES SILVER TRUST ETFISHARES4.18%$3M138.8K
5M & T BANK CORPCOM3.04%$2M23.7K
6NUTRIEN LTDCOM3.03%$2M55.5K
7AMGNAMGEN INCORPORATEDhistory →COM3.00%$2M8.5K
8FLEXTRONICS INTL LTD FCOM2.85%$2M184.1K
9PROSHARES SHORT S&P 500 ETF NECOM2.82%$2M99.7K
10CERSCERUS CORPhistory →COM2.79%$2M320.5K
11CHINA MOBILE LTD F SPONSORED AADR2.76%$2M61.7K
12SCHNITZER STL INDS CLASS ACOM2.67%$2M99.6K
13LAZARD LTD LPCOM2.63%$2M57.2K
14ANGLOGOLD ASHANTI F SPONSOREDADR2.58%$2M70.3K
15TELEFONICA BRASIL SAADR2.44%$2M228.6K
16HLHECLA MINING COhistory →COM2.37%$2M335.6K
17PETROLEO BRASILEIRO F SPONSOREADR2.29%$2M231.2K
18ORANYORANGE SA F SPONSORED ADR 1 ADhistory →ADR2.21%$2M152.8K
19BUNGE LIMITED FCOM2.10%$2M33.1K
20SPDR BLOOMBERG BARCLAYS 1-3 MOCOM2.07%$1M16.2K
21NOKNOKIA CORP SPON F SPONSORED ADhistory →ADR1.82%$1M334.8K
22AVISTA CORPORATIONCOM1.82%$1M38.3K
23DIANA SHIPPING INC FCOM1.80%$1M914.8K
24AAALCOA CORPhistory →COM1.77%$1M109.4K
25WMKWEIS MARKETS, INChistory →COM1.71%$1M25.6K
26TOTAL S A F SPONSORED ADR 1 ADADR1.66%$1M34.8K
27HANHAWAIIAN HOLDINGS INChistory →COM1.60%$1M89.0K
28UVVUNIVERSAL CORPhistory →COM1.33%$956,00022.8K
29PROSHARES SHORT QQQCOM1.33%$955,00057.7K
30BANCO BILBAO ARGEN F SPONSOREDADR1.31%$940,000343.1K
31RRCRANGE RESOURCES CORPhistory →COM1.21%$872,000131.7K
32TPCTUTOR PERINI CORPhistory →COM1.21%$868,00078.0K
33EMBRAER SAADR1.20%$862,000195.5K
34DAKTDAKTRONICS INChistory →COM1.09%$784,000197.9K
35MCDMCDONALD'S CORPCOM0.97%$700,0003.2K
36PGPROCTER & GAMBLECOM0.80%$573,0004.1K
37PEPPEPSICO INCORPORATEDCOM0.72%$517,0003.7K
38JNJJOHNSON & JOHNSONCOM0.68%$489,0003.3K
39AMZNAMAZON COM INCCOM0.65%$466,000148
40FLRFLUOR CORPCOM0.63%$455,00051.7K
41MERCK & CO INCCOM0.59%$423,0005.1K
42AAPLAPPLE INCCOM0.55%$395,0003.4K
43UNITEDHEALTH GROUP INCCOM0.53%$383,0001.2K
44BKUTKBANK OF UTICA N YCOM0.53%$380,0001.0K
45WBAWALGREENS BOOTS ALLIANCE INCCOM0.51%$366,00010.2K
461/100 BERKSHIRE HTWY CLA 100 SCOM0.45%$320,000100
47CVSCVS HEALTH CORPCOM0.44%$318,0005.5K
48SPDR GOLD SHARES ETFCOM0.42%$303,0001.7K
49SYYSYSCO CORPCOM0.41%$297,0004.8K
50DISWALT DISNEY COCOM0.41%$295,0002.4K
51SCHXSCHWAB US LARGE CAP ETFCOM0.40%$289,0003.6K
52AMERISERV FINANCIALCOM0.39%$281,000100.0K
53TMOTHERMO FISHER SCNTFCCOM0.39%$278,000630
54BMYBRISTOL-MYERS SQUIBBCOM0.35%$253,0004.2K
55VANGUARD INFORMATION TECHNOLOGCOM0.34%$244,000782
56BRTBRT APARTMENTS CORPCOM0.33%$236,00020.0K
57ABBVIE INCCOM0.31%$226,0002.6K
58ABTABBOTT LABORATORIESCOM0.29%$208,0001.9K
59BABOEING COCOM0.28%$204,0001.2K
60CISCO SYSTEMS INCCOM0.28%$201,0005.1K
61ISHARES GOLD ETFISHARES0.25%$181,00010.1K
62OMEROMEROS CORPCOM0.25%$179,00017.7K
63ARANTERO RESOURCES CORPCOM0.05%$37,00013.5K
64SOUTHWESTERN ENERGY COCOM0.05%$35,00014.8K

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 ↗.