SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Lesa Sroufe & Co

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

Reported Value
$94M
Q2 2023
Positions
67
Filings on Record
28
2019–present window
Filed
Jul 20, 2023
original filing

Summary

Lesa Sroufe & Co reported $94M in U.S.-listed holdings across 67 positions for Q2 2023.

Its largest position, MSFT, represents 9.5% of the portfolio.

Compared with Q1 2023, the fund opened 0 new positions and exited 4.

Portfolio Metrics

Turnover
+6.7%
vs prior filed quarter
Top-10 Concentration
+38.5%
share of reported value
Largest Position
+9.5%
Microsoft

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
Other: 51.3%Common Stock: 40.4%ADR: 7.3%ETP: 0.6%REIT: 0.4%
  • Other · 51.3% · $48M
  • Common Stock · 40.4% · $38M
  • ADR · 7.3% · $7M
  • ETP · 0.6% · $586,000
  • REIT · 0.4% · $346,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FLEX LTDSOLD OUT−182.2K0−$4M$0
COLBCOLUMBIA BANKING SYSSOLD OUT−70.6K0−$2M$0
DISWALT DISNEY COSOLD OUT−2.2K0−$223,000$0
SBUXSTARBUCKS CORPSOLD OUT−2.0K0−$209,000$0
OCEANPAL INC FTRIMMED−53.2K18.4K+$5,000$30,000
PROSHARES SHORT QQQ ETFADDED+63.7K205.5K+$445,000$2M
PROSHARES SHORT S&P500ADDED+43.9K175.7K+$461,000$2M
EXXON MOBIL CORPTRIMMED−3703.2K−$48,000$348,000

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

Holdings — Q2 2023

67 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM9.49%$9M26.1K
2RANGE RESOURCES CORPCOM4.07%$4M129.6K
3PETROLEO BRASILEIRO SPONSOREDADR3.79%$4M256.6K
4NUTRIEN LTDCOM3.33%$3M52.8K
5BUNGE LIMITEDCOM3.16%$3M31.4K
6CXCEMEX SAB DE CV SPONSORED ADRhistory →ADR3.04%$3M402.2K
7M & T BANK CORPCOM3.02%$3M22.9K
8ISHARES SILVER TRUST ETFISHARES2.97%$3M133.0K
9NEMNEWMONT CORPhistory →COM2.86%$3M62.8K
10FRONTLINE PLCCOM2.78%$3M179.4K
11BANCO BILBAO VIZCAYA A SPONSORADR2.77%$3M338.2K
12INTCINTEL CORPhistory →COM2.70%$3M75.8K
13INTERNATIONAL SEAWAYS INCCOM2.68%$3M65.6K
14PAASPAN AMERICAN SILVER CORPhistory →COM2.66%$2M170.8K
15PROSHARES SHORT S&P500COM2.60%$2M175.7K
16DIANA SHIPPING INCCOM2.56%$2M649.0K
17ENEL CHILE S A SPONSORED ADRADR2.50%$2M702.2K
18ANGOLD ASHANTI SPONSORED ADRADR2.42%$2M107.4K
19PROSHARES SHORT QQQ ETFCOM2.32%$2M205.5K
20TELEFONICA BRASIL S. F SPONSORADR2.28%$2M233.8K
21TOTALENERGIES SEADR2.04%$2M33.2K
22DOLE PLCCOM2.03%$2M140.6K
23SCHNITZER STL INDS CLASS ACOM2.03%$2M63.3K
24AMGNAMGEN INC.history →COM2.01%$2M8.5K
25HTLDHEARTLAND EXPRESShistory →COM2.01%$2M114.8K
26HLHECLA MINING COhistory →COM1.89%$2M344.3K
27LAZARD LTD F CLASS ACOM1.88%$2M55.0K
28NOKNOKIA CORP SPONSORED ADRhistory →ADR1.85%$2M417.2K
29FLRFLUOR CORPhistory →COM1.62%$2M51.2K
30TPCTUTOR PERINI CORPhistory →COM1.58%$1M207.2K
31AAALCOA CORPhistory →COM1.49%$1M41.1K
32AAPLAPPLE INChistory →COM1.40%$1M6.8K
33SWBISMITH & WESSON BRANDS INChistory →COM1.22%$1M87.5K
34MCDMCDONALDS CORPhistory →COM1.01%$951,0003.2K
35CERSCERUS CORPCOM0.79%$742,000301.5K
36PEPPEPSICO INCCOM0.74%$690,0003.7K
37JNJJOHNSON & JOHNSONCOM0.64%$600,0003.6K
38MERCK & CO. INC.COM0.63%$589,0005.1K
39PGPROCTER & GAMBLECOM0.60%$559,0003.7K
401/100 BERKSHIRE HTWY CLA 100 SCOM0.55%$518,000100
41UNITEDHEALTH GRP INCCOM0.53%$497,0001.0K
42CVXCHEVRON CORPCOM0.41%$388,0002.5K
43BKUTKBANK OF UTICA N YCOM0.41%$385,0001.0K
44SCHXSCHWAB US LARGE CAP ETFCOM0.40%$376,0007.2K
45SYYSYSCO CORPCOM0.38%$355,0004.8K
46ABBVIE INCCOM0.37%$350,0002.6K
47EXXON MOBIL CORPCOM0.37%$348,0003.2K
48BRTBRT APARTMENTS CORPCOM0.37%$346,00017.5K
49AMZNAMAZON.COM INCCOM0.36%$339,0002.6K
50C3 AI INC CLASS ACOM0.35%$332,0009.1K
51ORACLE CORPCOM0.35%$326,0002.7K
52ABTABBOTT LABORATORIESCOM0.31%$293,0002.7K
53WBAWALGREENS BOOTS ALLIANCE INCCOM0.31%$290,00010.2K
54BABOEING COCOM0.31%$288,0001.4K
55CVSCVS HEALTH CORPCOM0.30%$285,0004.1K
56TMOTHERMO FISHER SCIENTIFIC INCCOM0.30%$285,000546
57SPDR GOLD SHARES ETFCOM0.30%$285,0001.6K
58VANGUARD INFORMATION TECHNOLOGCOM0.29%$274,000619
59AMERISERV FINLCOM0.27%$254,000100.0K
60KOTHE COCA-COLA COCOM0.24%$225,0003.7K
61SPDR S&P MIDCAP 400 ETF IVCOM0.24%$225,000470
62TSCOTRACTOR SUPPLY COMPCOM0.24%$221,0001.0K
63CISCO SYSTEMS INCCOM0.23%$211,0004.1K
64SCHFSCHWAB INTERNATIONAL EQUITY ETCOM0.22%$210,0005.9K
65SOUTHWESTERN ENERGYCOM0.09%$89,00014.8K
66OCEANPAL INC FCOM0.03%$30,00018.4K
67NEL ASA ORD FCOM0.02%$16,00013.7K

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 ↗.