SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Lesa Sroufe & Co

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

Reported Value
$94M
Q3 2021
Positions
71
Filings on Record
28
2019–present window
Filed
Nov 1, 2021
original filing

Summary

Lesa Sroufe & Co reported $94M in U.S.-listed holdings across 71 positions for Q3 2021.

Its largest position, MSFT, represents 8.4% of the portfolio.

Compared with Q2 2021, the fund opened 3 new positions and exited 4.

Portfolio Metrics

Turnover
+5.7%
vs prior filed quarter
Top-10 Concentration
+39.2%
share of reported value
Largest Position
+8.4%
Microsoft
New / Exited
3 / 4
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: 51.0%Other: 41.9%ADR: 5.8%ETP: 0.9%REIT: 0.4%
  • Common Stock · 51.0% · $48M
  • Other · 41.9% · $39M
  • ADR · 5.8% · $5M
  • ETP · 0.9% · $805,000
  • REIT · 0.4% · $386,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD INFORMATION TECHNOLOGNEW+770770+$309,000$309,000
TSCOTRACTOR SUPPLY COMPNEW+1.0K1.0K+$203,000$203,000
SERA PROGNOSTICS INCNEW+16.5K16.5K+$183,000$183,000
PROSHARES SHORT QQQADDED+80.9K133.9K+$976,000$2M
HTLDHEARTLAND EXPRESS INCADDED+55.5K109.5K+$829,000$2M
EMBRAER SASOLD OUT−193.0K0−$3M$0
BMYBRISTOL-MYERS SQUIBBSOLD OUT−4.2K0−$281,000$0
ARANTERO RESOURCES CORPSOLD OUT−13.5K0−$203,000$0

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

Holdings — Q3 2021

71 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM8.39%$8M28.0K
2AAALCOA CORPhistory →COM3.88%$4M74.5K
3M & T BANK CORPCOM3.72%$3M23.4K
4NUTRIEN LTDCOM3.64%$3M52.7K
5NEMNEWMONT MINING CORPhistory →COM3.63%$3M62.8K
6DIANA SHIPPING INC FCOM3.55%$3M583.1K
7FLEXTRONICS INTL LTD FCOM3.41%$3M181.4K
8RRCRANGE RESOURCES CORPhistory →COM3.09%$3M128.4K
9PAASPAN AMERICAN SILVER Fhistory →COM3.07%$3M123.9K
10ISHARES SILVER TRUST ETFISHARES2.84%$3M129.9K
11SCHNITZER STL INDS CLASS ACOM2.81%$3M60.2K
12BUNGE LIMITED FCOM2.74%$3M31.6K
13LAZARD LTD LPCOM2.63%$2M53.9K
14PETROLEO BRASILEIRO F SPONSOREADR2.47%$2M224.0K
15NOKNOKIA CORP SPON F SPONSORED ADhistory →ADR2.32%$2M400.6K
16BANCO BILBAO ARGEN F SPONSOREDADR2.31%$2M329.8K
17CERSCERUS CORPhistory →COM2.02%$2M311.3K
18INTCINTEL CORPhistory →COM1.97%$2M34.8K
19AMGNAMGEN INCORPORATEDhistory →COM1.92%$2M8.5K
20HLHECLA MINING COhistory →COM1.89%$2M323.2K
21HTLDHEARTLAND EXPRESS INChistory →COM1.87%$2M109.5K
22TELEFONICA BRASIL SAADR1.84%$2M222.9K
23ENEL CHILE SAADR1.79%$2M698.3K
24ANGLOGOLD ASHANTI F SPONSOREDADR1.79%$2M105.3K
25PROSHARES SHORT QQQCOM1.74%$2M133.9K
26TOTALENERGIES SEADR1.73%$2M34.0K
27FRONTLINE LTDCOM1.68%$2M168.0K
28ORANYORANGE SA F SPONSORED ADR 1 ADhistory →ADR1.65%$2M142.9K
29PROSHARES SHORT S&P 500 ETF NECOM1.45%$1M89.7K
30WMKWEIS MARKETS, INChistory →COM1.38%$1M24.6K
31PFEPFIZER INCORPORATEDhistory →COM1.37%$1M29.9K
32INSWINTERNATIONAL SEAWAYS INChistory →COM1.25%$1M64.6K
33UVVUNIVERSAL CORPhistory →COM1.10%$1M21.4K
34TPCTUTOR PERINI CORPhistory →COM1.07%$1M77.5K
35DAKTDAKTRONICS INChistory →COM1.07%$1M184.3K
36AAPLAPPLE INChistory →COM1.02%$962,0006.8K
37FLRFLUOR CORPCOM0.85%$797,00049.9K
38MCDMCDONALD'S CORPCOM0.82%$769,0003.2K
39JNJJOHNSON & JOHNSONCOM0.66%$618,0003.8K
40PGPROCTER & GAMBLECOM0.61%$577,0004.1K
41PEPPEPSICO INCORPORATEDCOM0.60%$561,0003.7K
42AMZNAMAZON COM INCCOM0.57%$535,000163
43SCHXSCHWAB US LARGE CAP ETFCOM0.54%$506,0004.9K
44UNITEDHEALTH GROUP INCCOM0.53%$496,0001.3K
45WBAWALGREENS BOOTS ALLIANCE INCCOM0.51%$479,00010.2K
46BKUTKBANK OF UTICA N YCOM0.47%$437,0001.0K
47C3AI INCCOM0.45%$422,0009.1K
481/100 BERKSHIRE HTWY CLA 100 SCOM0.44%$411,000100
49DISWALT DISNEY COCOM0.43%$403,0002.4K
50AMERISERV FINANCIALCOM0.42%$391,000100.0K
51BRTBRT APARTMENTS CORPCOM0.41%$386,00020.0K
52MERCK & CO INCCOM0.41%$383,0005.1K
53SYYSYSCO CORPCOM0.40%$375,0004.8K
54TMOTHERMO FISHER SCNTFCCOM0.39%$369,000646
55CVSCVS HEALTH CORPCOM0.39%$365,0004.3K
56ABTABBOTT LABORATORIESCOM0.34%$318,0002.7K
57BABOEING COCOM0.34%$316,0001.4K
58VANGUARD INFORMATION TECHNOLOGCOM0.33%$309,000770
59ABBVIE INCCOM0.32%$305,0002.8K
60SCHFSCHWAB INTERNATIONAL EQUITY ETCOM0.32%$299,0007.7K
61CVXCHEVRON CORPORATIONCOM0.30%$279,0002.8K
62CISCO SYSTEMS INCCOM0.29%$273,0005.0K
63SPDR GOLD SHARES ETFCOM0.28%$263,0001.6K
64OMEROMEROS CORPCOM0.26%$245,00017.7K
65ORACLE CORPCOM0.25%$238,0002.7K
66EXXON MOBIL CORPCOM0.24%$230,0003.9K
67SPDR S&P MIDCAP 400 ETFCOM0.24%$226,000470
68TSCOTRACTOR SUPPLY COMPCOM0.22%$203,0001.0K
69SERA PROGNOSTICS INCCOM0.19%$183,00016.5K
70SOUTHWESTERN ENERGY COCOM0.09%$82,00014.8K
71NEL ASACOM0.02%$21,00013.7K

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 ↗.