SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Lesa Sroufe & Co

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

Reported Value
$100M
Q4 2021
Positions
72
Filings on Record
28
2019–present window
Filed
Jan 28, 2022
original filing

Summary

Lesa Sroufe & Co reported $100M in U.S.-listed holdings across 72 positions for Q4 2021.

Its largest position, MSFT, represents 9.4% of the portfolio.

Compared with Q3 2021, the fund opened 5 new positions and exited 4.

Portfolio Metrics

Turnover
+7.3%
vs prior filed quarter
Top-10 Concentration
+41.2%
share of reported value
Largest Position
+9.4%
Microsoft
New / Exited
5 / 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: 51.8%Other: 40.4%ADR: 6.4%ETP: 0.9%REIT: 0.5%
  • Common Stock · 51.8% · $52M
  • Other · 40.4% · $40M
  • ADR · 6.4% · $6M
  • ETP · 0.9% · $912,000
  • REIT · 0.5% · $480,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DOLE PLCNEW+130.8K130.8K+$2M$2M
BRK/A1/100 BERKSHIRE HTWY CLA100 SHNEW+100100+$451,000$451,000
SBUXSTARBUCKS CORPNEW+2.3K2.3K+$273,000$273,000
KOCOCA COLA COMPANYNEW+3.7K3.7K+$221,000$221,000
OCEANPAL INCNEW+55.0K55.0K+$112,000$112,000
WMKWEIS MARKETS, INCSOLD OUT−24.6K0−$1M$0
PFEPFIZER INCORPORATEDSOLD OUT−29.9K0−$1M$0
1/100 BERKSHIRE HTWY CLA 100 SSOLD OUT−1000−$411,000$0

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

Holdings — Q4 2021

72 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM9.44%$9M28.0K
2AAALCOA CORPhistory →COM4.50%$4M75.3K
3NUTRIEN LTDCOM4.09%$4M54.2K
4NEMNEWMONT MINING CORPhistory →COM3.95%$4M63.5K
5M & T BANK CORPCOM3.59%$4M23.3K
6FLEXTRONICS INTL LTD FCOM3.35%$3M182.0K
7SCHNITZER STL INDS CLASS ACOM3.22%$3M61.8K
8PAASPAN AMERICAN SILVER Fhistory →COM3.17%$3M126.6K
9BUNGE LIMITED FCOM3.02%$3M32.2K
10ISHARES SILVER TRUST ETFISHARES2.87%$3M133.0K
11PETROLEO BRASILEIRO F SPONSOREADR2.67%$3M242.7K
12NOKNOKIA CORP SPON F SPONSORED ADhistory →ADR2.58%$3M412.7K
13LAZARD LTD LPCOM2.43%$2M55.5K
14DIANA SHIPPING INC FCOM2.40%$2M614.7K
15RRCRANGE RESOURCES CORPhistory →COM2.30%$2M128.6K
16ANGLOGOLD ASHANTI F SPONSOREDADR2.26%$2M107.4K
17CERSCERUS CORPhistory →COM2.19%$2M320.1K
18BANCO BILBAO ARGEN F SPONSOREDADR2.00%$2M340.1K
19TELEFONICA BRASIL SAADR1.97%$2M226.8K
20AMGNAMGEN INCORPORATEDhistory →COM1.92%$2M8.5K
21HTLDHEARTLAND EXPRESS INChistory →COM1.88%$2M111.1K
22INTCINTEL CORPhistory →COM1.87%$2M36.2K
23INSWINTERNATIONAL SEAWAYS INChistory →COM1.85%$2M125.6K
24HLHECLA MINING COhistory →COM1.76%$2M335.3K
25DOLE PLCCOM1.75%$2M130.8K
26TOTALENERGIES SEADR1.72%$2M34.6K
27ORANYORANGE SA F SPONSORED ADR 1 ADhistory →ADR1.54%$2M145.1K
28PROSHARES SHORT QQQCOM1.37%$1M126.2K
29FLRFLUOR CORPhistory →COM1.25%$1M50.5K
30AAPLAPPLE INChistory →COM1.21%$1M6.8K
31UVVUNIVERSAL CORPhistory →COM1.21%$1M22.0K
32ENEL CHILE SAADR1.18%$1M650.5K
33FRONTLINE LTDCOM1.18%$1M166.3K
34PROSHARES SHORT S&P 500 ETF NECOM1.14%$1M83.4K
35TPCTUTOR PERINI CORPCOM0.93%$929,00075.1K
36DAKTDAKTRONICS INCCOM0.91%$910,000180.2K
37MCDMCDONALD'S CORPCOM0.86%$855,0003.2K
38PGPROCTER & GAMBLECOM0.68%$675,0004.1K
39PEPPEPSICO INCORPORATEDCOM0.65%$647,0003.7K
40JNJJOHNSON & JOHNSONCOM0.64%$638,0003.7K
41UNITEDHEALTH GROUP INCCOM0.64%$638,0001.3K
42SCHXSCHWAB US LARGE CAP ETFCOM0.59%$591,0005.2K
43AMZNAMAZON COM INCCOM0.54%$540,000162
44WBAWALGREENS BOOTS ALLIANCE INCCOM0.53%$531,00010.2K
45BRTBRT APARTMENTS CORPCOM0.48%$480,00020.0K
46BKUTKBANK OF UTICA N YCOM0.45%$452,0001.0K
47BRK/A1/100 BERKSHIRE HTWY CLA100 SHCOM0.45%$451,000100
48CVSCVS HEALTH CORPCOM0.45%$444,0004.3K
49MERCK & CO INCCOM0.39%$391,0005.1K
50AMERISERV FINANCIALCOM0.39%$386,000100.0K
51ABBVIE INCCOM0.38%$383,0002.8K
52ABTABBOTT LABORATORIESCOM0.38%$378,0002.7K
53SYYSYSCO CORPCOM0.38%$376,0004.8K
54DISWALT DISNEY COCOM0.37%$369,0002.4K
55TMOTHERMO FISHER SCNTFCCOM0.37%$364,000546
56CVXCHEVRON CORPORATIONCOM0.32%$323,0002.8K
57SCHFSCHWAB INTERNATIONAL EQUITY ETCOM0.32%$321,0008.3K
58CISCO SYSTEMS INCCOM0.31%$307,0004.8K
59BABOEING COCOM0.29%$289,0001.4K
60C3AI INCCOM0.29%$285,0009.1K
61SPDR GOLD SHARES ETFCOM0.27%$274,0001.6K
62SBUXSTARBUCKS CORPCOM0.27%$273,0002.3K
63SPDR S&P MIDCAP 400 ETFCOM0.24%$243,000470
64TSCOTRACTOR SUPPLY COMPCOM0.24%$239,0001.0K
65ORACLE CORPCOM0.24%$239,0002.7K
66EXXON MOBIL CORPCOM0.24%$239,0003.9K
67KOCOCA COLA COMPANYCOM0.22%$221,0003.7K
68OMEROMEROS CORPCOM0.11%$114,00017.7K
69SERA PROGNOSTICS INCCOM0.11%$113,00016.5K
70OCEANPAL INCCOM0.11%$112,00055.0K
71SOUTHWESTERN ENERGY COCOM0.07%$69,00014.8K
72NEL ASACOM0.02%$24,00013.7K

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 ↗.