SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Lesa Sroufe & Co

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

Reported Value
$84M
Q4 2020
Positions
69
Filings on Record
28
2019–present window
Filed
Jan 29, 2021
original filing

Summary

Lesa Sroufe & Co reported $84M in U.S.-listed holdings across 69 positions for Q4 2020.

Its largest position, MSFT, represents 7.6% of the portfolio.

Compared with Q3 2020, the fund opened 6 new positions and exited 1.

Portfolio Metrics

Turnover
+5.8%
vs prior filed quarter
Top-10 Concentration
+41.3%
share of reported value
Largest Position
+7.6%
Microsoft
New / Exited
6 / 1
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: 50.0%Other: 43.1%ADR: 5.5%ETP: 1.0%REIT: 0.4%
  • Common Stock · 50.0% · $42M
  • Other · 43.1% · $36M
  • ADR · 5.5% · $5M
  • ETP · 1.0% · $876,000
  • REIT · 0.4% · $304,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TELEFONICA BRASIL SANEW+222.9K222.9K+$2M$2M
INTCINTEL CORPNEW+34.2K34.2K+$2M$2M
SCHFSCHWAB INTERNATIONAL EQUITY ETNEW+6.4K6.4K+$230,000$230,000
KOCOCA COLA COMPANYNEW+3.9K3.9K+$214,000$214,000
ORAORMAT TECHNOLOGIESNEW+2.3K2.3K+$209,000$209,000
SEACO LTD ORD FNEW+20.0K20.0K+$0$0
TELEFONICA BRASIL SASOLD OUT−228.6K0−$2M$0
AAPLAPPLE INCADDED+2.8K6.2K+$424,000$819,000

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

Holdings — Q4 2020

69 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM7.56%$6M28.4K
2PAASPAN AMERICAN SILVER Fhistory →COM5.12%$4M124.3K
3NEMNEWMONT MINING CORPhistory →COM4.66%$4M65.1K
4ISHARES SILVER TRUST ETFISHARES3.88%$3M132.0K
5FLEXTRONICS INTL LTD FCOM3.84%$3M178.7K
6SCHNITZER STL INDS CLASS ACOM3.71%$3M97.2K
7M & T BANK CORPCOM3.61%$3M23.7K
8NUTRIEN LTDCOM3.05%$3M53.0K
9PETROLEO BRASILEIRO F SPONSOREADR2.96%$2M220.8K
10AAALCOA CORPhistory →COM2.93%$2M106.3K
11LAZARD LTD LPCOM2.76%$2M54.5K
12CERSCERUS CORPhistory →COM2.56%$2M310.1K
13BUNGE LIMITED FCOM2.48%$2M31.7K
14HLHECLA MINING COhistory →COM2.43%$2M313.3K
15TELEFONICA BRASIL SAADR2.36%$2M222.9K
16AMGNAMGEN INCORPORATEDhistory →COM2.33%$2M8.5K
17ORANYORANGE SA F SPONSORED ADR 1 ADhistory →ADR2.07%$2M146.3K
18INTCINTEL CORPhistory →COM2.04%$2M34.2K
19DIANA SHIPPING INC FCOM2.02%$2M877.0K
20PROSHARES SHORT S&P 500 ETF NECOM2.02%$2M93.9K
21CHINA MOBILE LTD F SPONSORED AADR1.97%$2M57.8K
22AVISTA CORPORATIONCOM1.94%$2M40.5K
23BANCO BILBAO ARGEN F SPONSOREDADR1.93%$2M326.5K
24ANGLOGOLD ASHANTI F SPONSOREDADR1.85%$2M68.3K
25TOTAL S A F SPONSORED ADR 1 ADADR1.67%$1M33.3K
26NOKNOKIA CORP SPON F SPONSORED ADhistory →ADR1.55%$1M330.8K
27EMBRAER SAADR1.46%$1M179.2K
28WMKWEIS MARKETS, INChistory →COM1.44%$1M25.2K
29UVVUNIVERSAL CORPhistory →COM1.29%$1M22.2K
30TPCTUTOR PERINI CORPhistory →COM1.17%$977,00075.5K
31SPDR BLOOMBERG BARCLAYS 1-3 MOCOM1.10%$917,00010.0K
32DAKTDAKTRONICS INChistory →COM1.05%$877,000187.4K
33RRCRANGE RESOURCES CORPhistory →COM1.03%$863,000128.8K
34AAPLAPPLE INCCOM0.98%$819,0006.2K
35PROSHARES SHORT QQQCOM0.96%$805,00055.8K
36FLRFLUOR CORPCOM0.95%$798,00049.9K
37HANHAWAIIAN HOLDINGS INCCOM0.92%$768,00043.4K
38MCDMCDONALD'S CORPCOM0.82%$684,0003.2K
39PGPROCTER & GAMBLECOM0.69%$574,0004.1K
40PEPPEPSICO INCORPORATEDCOM0.66%$553,0003.7K
41AMZNAMAZON COM INCCOM0.63%$531,000163
42JNJJOHNSON & JOHNSONCOM0.62%$516,0003.3K
43SCHXSCHWAB US LARGE CAP ETFCOM0.55%$464,0005.1K
44UNITEDHEALTH GROUP INCCOM0.53%$445,0001.3K
45DISWALT DISNEY COCOM0.52%$431,0002.4K
46MERCK & CO INCCOM0.50%$417,0005.1K
47WBAWALGREENS BOOTS ALLIANCE INCCOM0.49%$406,00010.2K
48BKUTKBANK OF UTICA N YCOM0.47%$395,0001.0K
49CVSCVS HEALTH CORPCOM0.44%$372,0005.5K
50SYYSYSCO CORPCOM0.42%$355,0004.8K
511/100 BERKSHIRE HTWY CLA 100 SCOM0.42%$348,000100
52AMERISERV FINANCIALCOM0.37%$313,000100.0K
53BRTBRT APARTMENTS CORPCOM0.36%$304,00020.0K
54TMOTHERMO FISHER SCNTFCCOM0.36%$301,000646
55SPDR GOLD SHARES ETFCOM0.34%$285,0001.6K
56VANGUARD INFORMATION TECHNOLOGCOM0.33%$277,000782
57ABBVIE INCCOM0.33%$276,0002.6K
58BMYBRISTOL-MYERS SQUIBBCOM0.31%$261,0004.2K
59OMEROMEROS CORPCOM0.30%$253,00017.7K
60SCHFSCHWAB INTERNATIONAL EQUITY ETCOM0.27%$230,0006.4K
61CISCO SYSTEMS INCCOM0.27%$225,0005.0K
62KOCOCA COLA COMPANYCOM0.26%$214,0003.9K
63ABTABBOTT LABORATORIESCOM0.25%$209,0001.9K
64ORAORMAT TECHNOLOGIESCOM0.25%$209,0002.3K
65BABOEING COCOM0.24%$202,000942
66ISHARES GOLD ETFISHARES0.22%$182,00010.1K
67ARANTERO RESOURCES CORPCOM0.09%$74,00013.5K
68SOUTHWESTERN ENERGY COCOM0.05%$44,00014.8K
69SEACO LTD ORD FCOM0.00%$020.0K

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 ↗.