SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Lesa Sroufe & Co

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

Reported Value
$107M
Q1 2024
Positions
74
Filings on Record
28
2019–present window
Filed
May 6, 2024
original filing

Summary

Lesa Sroufe & Co reported $107M in U.S.-listed holdings across 74 positions for Q1 2024.

Its largest position, MSFT, represents 9.0% of the portfolio.

Compared with Q4 2023, the fund opened 9 new positions and exited 0.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Top-10 Concentration
+39.5%
share of reported value
Largest Position
+9.0%
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
Common Stock: 46.9%Other: 45.0%ADR: 6.8%ETP: 1.0%REIT: 0.3%
  • Common Stock · 46.9% · $50M
  • Other · 45.0% · $48M
  • ADR · 6.8% · $7M
  • ETP · 1.0% · $1M
  • REIT · 0.3% · $294,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BKHBLACK HILLS CORPNEW+43.1K43.1K+$2M$2M
BANCOLOMBIA S.A. FSPONSORED ADNEW+64.8K64.8K+$2M$2M
NVIDIA CORPNEW+289289+$262,000$262,000
COSTCO WHOLESALE CONEW+310310+$227,000$227,000
JPMORGAN CHASE & CONEW+1.1K1.1K+$213,000$213,000
IAUISHARES GOLD TRUSTNEW+5.0K5.0K+$211,000$211,000
VUGVANGUARD GROWTH ETFNEW+609609+$210,000$210,000
IBMIBM CORPNEW+1.1K1.1K+$209,000$209,000

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

Holdings — Q1 2024

74 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM9.00%$10M22.9K
2RANGE RESOURCES CORPCOM4.24%$5M131.6K
3BANCO BILBAO VIZCAYA A SPONSORCOM3.78%$4M341.0K
4PETROLEO BRASILEIRO SPONSOREDCOM3.61%$4M253.9K
5CXCEMEX SAB DE CV SPONSORED ADRhistory →COM3.38%$4M401.0K
6INTERNATIONAL SEAWAYS INCCOM3.23%$3M64.8K
7INTCINTEL CORPhistory →COM3.17%$3M76.8K
8M & T BANK CORPCOM3.11%$3M22.9K
9BUNGE GLOBAL SA FCOM3.03%$3M31.6K
10PAASPAN AMERICAN SILVER CORPhistory →COM2.95%$3M208.8K
11AUANGLOGOLD ASHANTI PLC Fhistory →COM2.83%$3M136.1K
12ISHARES SILVER TRUST ETFISHARES2.81%$3M132.0K
13TPCTUTOR PERINI CORPhistory →COM2.77%$3M204.9K
14NEMNEWMONT CORPhistory →COM2.77%$3M82.6K
15NUTRIEN LTDCOM2.68%$3M52.8K
16AMGNAMGEN INC.history →COM2.26%$2M8.5K
17HLHECLA MINING COhistory →COM2.23%$2M495.0K
18BKHBLACK HILLS CORPhistory →COM2.20%$2M43.1K
19TELEFONICA BRASIL S. F SPONSORCOM2.17%$2M230.6K
20LAZARD INCCOM2.15%$2M54.9K
21BANCOLOMBIA S.A. FSPONSORED ADCOM2.07%$2M64.8K
22FLRFLUOR CORPhistory →COM2.02%$2M51.0K
23ENEL CHILE S A SPONSORED ADRCOM1.98%$2M694.1K
24PROSHARES SHORT S&P500COM1.92%$2M173.3K
25DRILL-QUIP INCCOM1.85%$2M87.8K
26DIANA SHIPPING INCCOM1.83%$2M677.5K
27PROSHARES SHORT QQQ ETFCOM1.67%$2M204.1K
28DOLE PLCCOM1.51%$2M135.7K
29SWBISMITH & WESSON BRANDS INChistory →COM1.42%$2M87.6K
30NOKNOKIA CORP SPONSORED ADRhistory →COM1.37%$1M412.5K
31AAALCOA CORPhistory →COM1.28%$1M40.6K
32HTLDHEARTLAND EXPRESShistory →COM1.27%$1M113.7K
33RADIUS RECYCLING INC CLASS ACOM1.24%$1M62.5K
34AAPLAPPLE INChistory →COM1.10%$1M6.8K
35MCDMCDONALDS CORPCOM0.84%$899,0003.2K
36MERCK & CO. INC.COM0.63%$673,0005.1K
37PEPPEPSICO INCCOM0.61%$652,0003.7K
381/100 BERKSHIRE HTWY CLA 100 SCOM0.59%$634,000100
39PGPROCTER & GAMBLECOM0.56%$598,0003.7K
40JNJJOHNSON & JOHNSONCOM0.53%$567,0003.6K
41UNITEDHEALTH GRP INCCOM0.47%$507,0001.0K
42ABBVIE INCCOM0.44%$473,0002.6K
43SCHXSCHWAB US LARGE CAP ETFCOM0.42%$446,0007.2K
44AMZNAMAZON.COM INCCOM0.39%$422,0002.3K
45SYYSYSCO CORPCOM0.36%$388,0004.8K
46CVXCHEVRON CORPCOM0.36%$388,0002.5K
47BKUTKBANK OF UTICA N YCOM0.36%$380,0001.0K
48ORACLE CORPCOM0.32%$344,0002.7K
49EXXON MOBIL CORPCOM0.31%$332,0002.9K
50CVSCVS HEALTH CORPCOM0.31%$329,0004.1K
51SPDR GOLD SHARES ETFCOM0.31%$329,0001.6K
52VANGUARD INFORMATION TECHNOLOGCOM0.30%$325,000619
53TMOTHERMO FISHER SCIENTIFIC INCCOM0.29%$308,000530
54ABTABBOTT LABORATORIESCOM0.29%$306,0002.7K
55BRTBRT APARTMENTS CORPCOM0.28%$294,00017.5K
56C3 AI INC CLASS ACOM0.26%$277,00010.2K
57DISWALT DISNEY COCOM0.26%$273,0002.2K
58TOTALENERGIES SECOM0.25%$271,0003.9K
59TSCOTRACTOR SUPPLY COMPCOM0.25%$262,0001.0K
60SPDR S&P MIDCAP 400 ETF IVCOM0.25%$262,000470
61NVIDIA CORPCOM0.25%$262,000289
62AMERISERV FINANCIAL INCCOM0.24%$260,000100.0K
63BABOEING COCOM0.24%$259,0001.3K
64SCHFSCHWAB INTERNATIONAL EQUITY ETCOM0.22%$233,0006.0K
65KOTHE COCA-COLA COCOM0.21%$229,0003.7K
66COSTCO WHOLESALE COCOM0.21%$227,000310
67WBAWALGREENS BOOTS ALLIANCE INCCOM0.21%$221,00010.2K
68JPMORGAN CHASE & COCOM0.20%$213,0001.1K
69IAUISHARES GOLD TRUSTISHARES0.20%$211,0005.0K
70VUGVANGUARD GROWTH ETFCOM0.20%$210,000609
71IBMIBM CORPCOM0.20%$209,0001.1K
72CISCO SYSTEMS INCCOM0.19%$204,0004.1K
73BRK/BBERKSHIRE HATHAWAY INC CL BCOM0.19%$202,000480
74SOUTHWESTERN ENERGYCOM0.10%$112,00014.8K

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 ↗.