SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Lesa Sroufe & Co

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

Reported Value
$90M
Q1 2021
Positions
68
Filings on Record
28
2019–present window
Filed
May 5, 2021
original filing

Summary

Lesa Sroufe & Co reported $90M in U.S.-listed holdings across 68 positions for Q1 2021.

Its largest position, MSFT, represents 7.4% of the portfolio.

Compared with Q4 2020, the fund opened 6 new positions and exited 7.

Portfolio Metrics

Turnover
+8.5%
vs prior filed quarter
Top-10 Concentration
+41.4%
share of reported value
Largest Position
+7.4%
Microsoft
New / Exited
6 / 7
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: 54.0%Other: 39.1%ADR: 5.5%ETP: 1.0%REIT: 0.4%
  • Common Stock · 54.0% · $49M
  • Other · 39.1% · $35M
  • ADR · 5.5% · $5M
  • ETP · 1.0% · $880,000
  • REIT · 0.4% · $337,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PFEPFIZER INCORPORATEDNEW+59.0K59.0K+$2M$2M
INSWINTERNATIONAL SEAWAYS INCNEW+61.3K61.3K+$1M$1M
CVXCHEVRON CORPORATIONNEW+2.3K2.3K+$236,000$236,000
SPDR S&P MIDCAP 400 ETFNEW+470470+$224,000$224,000
EXXON MOBIL CORPNEW+3.9K3.9K+$220,000$220,000
ENEL CHILE SANEW+12.3K12.3K+$48,000$48,000
CHINA MOBILE LTD F SPONSORED ASOLD OUT−57.8K0−$2M$0
AVISTA CORPORATIONSOLD OUT−40.5K0−$2M$0

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

Holdings — Q1 2021

68 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM7.41%$7M28.3K
2SCHNITZER STL INDS CLASS ACOM4.49%$4M96.7K
3NEMNEWMONT MINING CORPhistory →COM4.40%$4M65.7K
4PAASPAN AMERICAN SILVER Fhistory →COM4.13%$4M123.7K
5M & T BANK CORPCOM3.94%$4M23.4K
6AAALCOA CORPhistory →COM3.84%$3M106.5K
7FLEXTRONICS INTL LTD FCOM3.66%$3M179.8K
8ISHARES SILVER TRUST ETFISHARES3.34%$3M132.5K
9NUTRIEN LTDCOM3.20%$3M53.4K
10DIANA SHIPPING INC FCOM2.98%$3M896.3K
11BUNGE LIMITED FCOM2.82%$3M32.0K
12LAZARD LTD LPCOM2.67%$2M55.3K
13INTCINTEL CORPhistory →COM2.46%$2M34.6K
14PFEPFIZER INCORPORATEDhistory →COM2.37%$2M59.0K
15AMGNAMGEN INCORPORATEDhistory →COM2.35%$2M8.5K
16EMBRAER SAADR2.11%$2M190.3K
17PETROLEO BRASILEIRO F SPONSOREADR2.08%$2M221.3K
18CERSCERUS CORPhistory →COM2.07%$2M309.6K
19HLHECLA MINING COhistory →COM2.02%$2M320.3K
20ORANYORANGE SA F SPONSORED ADR 1 ADhistory →ADR2.01%$2M147.1K
21TELEFONICA BRASIL SAADR1.98%$2M226.8K
22BANCO BILBAO ARGEN F SPONSOREDADR1.90%$2M328.4K
23PROSHARES SHORT S&P 500 ETF NECOM1.79%$2M96.1K
24NOKNOKIA CORP SPON F SPONSORED ADhistory →ADR1.76%$2M399.2K
25ANGLOGOLD ASHANTI F SPONSOREDADR1.74%$2M71.3K
26TOTAL S A F SPONSORED ADR 1 ADADR1.72%$2M33.3K
27TPCTUTOR PERINI CORPhistory →COM1.62%$1M76.8K
28WMKWEIS MARKETS, INChistory →COM1.57%$1M25.0K
29RRCRANGE RESOURCES CORPhistory →COM1.49%$1M130.0K
30UVVUNIVERSAL CORPhistory →COM1.44%$1M22.1K
31DAKTDAKTRONICS INChistory →COM1.32%$1M190.1K
32INSWINTERNATIONAL SEAWAYS INChistory →COM1.32%$1M61.3K
33FLRFLUOR CORPhistory →COM1.27%$1M49.7K
34PROSHARES SHORT QQQCOM0.88%$788,00056.7K
35AAPLAPPLE INCCOM0.84%$755,0006.2K
36SPDR BLOOMBERG BARCLAYS 1-3 MOCOM0.80%$717,0007.8K
37MCDMCDONALD'S CORPCOM0.79%$715,0003.2K
38PGPROCTER & GAMBLECOM0.62%$559,0004.1K
39WBAWALGREENS BOOTS ALLIANCE INCCOM0.62%$559,00010.2K
40JNJJOHNSON & JOHNSONCOM0.60%$539,0003.3K
41PEPPEPSICO INCORPORATEDCOM0.59%$527,0003.7K
42AMZNAMAZON COM INCCOM0.56%$504,000163
43UNITEDHEALTH GROUP INCCOM0.53%$473,0001.3K
44SCHXSCHWAB US LARGE CAP ETFCOM0.49%$439,0004.6K
45DISWALT DISNEY COCOM0.49%$439,0002.4K
46BKUTKBANK OF UTICA N YCOM0.49%$438,0001.0K
47AMERISERV FINANCIALCOM0.45%$406,000100.0K
48CVSCVS HEALTH CORPCOM0.44%$400,0005.3K
49MERCK & CO INCCOM0.44%$393,0005.1K
501/100 BERKSHIRE HTWY CLA 100 SCOM0.43%$386,000100
51SYYSYSCO CORPCOM0.42%$376,0004.8K
52BRTBRT APARTMENTS CORPCOM0.37%$337,00020.0K
53OMEROMEROS CORPCOM0.35%$316,00017.7K
54TMOTHERMO FISHER SCNTFCCOM0.33%$295,000646
55ABBVIE INCCOM0.31%$279,0002.6K
56SCHFSCHWAB INTERNATIONAL EQUITY ETCOM0.31%$278,0007.4K
57BMYBRISTOL-MYERS SQUIBBCOM0.29%$265,0004.2K
58CISCO SYSTEMS INCCOM0.29%$260,0005.0K
59SPDR GOLD SHARES ETFCOM0.28%$256,0001.6K
60BABOEING COCOM0.27%$240,000942
61CVXCHEVRON CORPORATIONCOM0.26%$236,0002.3K
62ABTABBOTT LABORATORIESCOM0.25%$229,0001.9K
63SPDR S&P MIDCAP 400 ETFCOM0.25%$224,000470
64EXXON MOBIL CORPCOM0.24%$220,0003.9K
65ISHARES GOLD ETFISHARES0.18%$163,00010.1K
66ARANTERO RESOURCES CORPCOM0.15%$138,00013.5K
67SOUTHWESTERN ENERGY COCOM0.08%$69,00014.8K
68ENEL CHILE SAADR0.05%$48,00012.3K

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 ↗.