SEC 13F Intelligence

Managers / Q1 2026

Lesa Sroufe & Co

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

Reported Value
$147M
Q1 2026
Positions
69
Filings on Record
28
2019–present window
Filed
Apr 27, 2026
original filing

Summary

Lesa Sroufe & Co reported $147M in U.S.-listed holdings across 69 positions for Q1 2026.

Its largest position, MSFT, represents 6.3% of the portfolio.

Compared with Q4 2025, the fund opened 32 new positions and exited 33.

Portfolio Metrics

Turnover
+44.6%
vs prior filed quarter
Top-10 Concentration
+45.4%
share of reported value
Largest Position
+6.3%
Microsoft Corp Com
New / Exited
32 / 33
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: 76.8%ADR: 12.9%ETP: 8.6%Royalty Trst: 1.1%Open-End Fund: 0.4%Other: 0.1%
  • Common Stock · 76.8% · $113M
  • ADR · 12.9% · $19M
  • ETP · 8.6% · $13M
  • Royalty Trst · 1.1% · $2M
  • Open-End Fund · 0.4% · $633,000
  • Other · 0.1% · $180,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AUANGLOGOLD ASHANTI PLC COM SHSNEW+84.7K84.7K+$8M$8M
SLVISHARES SILVER TRUST ETFNEW+96.7K96.7K+$7M$7M
PBRPETROLEO BRASILEIRO S A SPONSORED ADRNEW+288.1K288.1K+$6M$6M
MTBM & T BANK CORPNEW+25.9K25.9K+$5M$5M
CIBGRUPO CIBEST SA FSPONSORED ADR 1 ADR REPS 4 ORD SHSNEW+66.6K66.6K+$5M$5M
RRCRANGE RES CORP COMNEW+100.7K100.7K+$5M$5M
TTETOTALENERGIES FNEW+47.8K47.8K+$4M$4M
INSWINTERNATIONAL SEAWAYS INC COMNEW+59.7K59.7K+$4M$4M

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

Holdings — Q1 2026

68 positions (from 69 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORP COMhistory →COM6.25%$9M24.8K
2NEMNEWMONT CORP COMhistory →COM6.00%$9M81.5K
3AUANGLOGOLD ASHANTI PLC COM SHShistory →COM5.61%$8M84.7K
4PAASPAN AMERN SILVER CORP COMhistory →COM5.41%$8M145.4K
5SLVISHARES SILVER TRUST ETFhistory →ETF4.49%$7M96.7K
6PBRPETROLEO BRASILEIRO S A SPONSORED ADRhistory →ADR4.07%$6M288.1K
7MTBM & T BANK CORPhistory →COM3.64%$5M25.9K
8AAALCOA CORP COMhistory →COM3.51%$5M77.7K
9CIBGRUPO CIBEST SA FSPONSORED ADR 1 ADR REPS 4 ORD SHShistory →ADR3.30%$5M66.6K
10HLHECLA MINING COMPANY COMhistory →COM3.15%$5M248.7K
11RRCRANGE RES CORP COMhistory →COM3.10%$5M100.7K
12CXCEMEX SA EURO MTN BE 144A SPON ADR NEWhistory →ADR2.96%$4M380.7K
13TTETOTALENERGIES Fhistory →COM2.96%$4M47.8K
14INSWINTERNATIONAL SEAWAYS INC COMhistory →COM2.96%$4M59.7K
15NTRNUTRIEN LTD COMhistory →COM2.67%$4M52.0K
16BGBUNGE GLOBAL SA COM SHShistory →COM2.57%$4M29.7K
17VIVTELEFONICA BRASIL S. F SPONSORED ADR 1 ADRhistory →ADR2.48%$4M229.3K
18PSQPROSHARES SHORT QQQ ETFhistory →ETF2.38%$4M108.7K
19BKHBLACK HILLS CORP COMhistory →COM2.21%$3M46.8K
20ALKALASKA AIR GROUP INChistory →COM2.11%$3M84.2K
21INVXINNOVEX INTERNATIONAL INC COMhistory →COM2.04%$3M122.8K
22AMGNAMGEN INC COMhistory →COM2.03%$3M8.5K
23TPCTUTOR PERINI CORP COMhistory →COM1.99%$3M37.8K
24FLRFLUOR CORP COMhistory →COM1.97%$3M62.2K
25HEHAWAIIAN ELEC INDS INC MTN BE COMhistory →COM1.96%$3M194.0K
26NWENORTHWESTERN ENERGY GROUP INC COM NEWhistory →COM1.83%$3M40.7K
27HTLDHEARTLAND EXPRESS INC COMhistory →COM1.63%$2M229.8K
28DOLEDOLE PLC ORD SHShistory →COM1.27%$2M130.6K
29SJTSAN JUAN BASIN RTY TR UNIT BEN INThistory →COM1.14%$2M346.9K
30AAPLAPPLE INC COMhistory →COM1.04%$2M6.0K
31SWBISMITH & WESSON BRANDS INC COMCOM0.82%$1M83.6K
32MCDMCDONALDS CORP COMCOM0.67%$991,0003.2K
33BRK/ABERKSHIRE HATHAWAY INC DEL CL ACOM0.65%$948,000481
34GLDSPDR GOLD SHARES ETFETF0.64%$946,0002.2K
35JNJJOHNSON & JOHNSON COMCOM0.60%$875,0003.6K
36PCARPACCAR INCCOM0.49%$726,0006.3K
37MRKMERCK & CO INC COMCOM0.42%$613,0005.1K
38BKUTKBANK UTICA N Y COM NON VTGCOM0.41%$601,0001.0K
39ABBVABBVIE INC COMCOM0.38%$565,0002.6K
40PEPPEPSICO INC COMCOM0.38%$555,0003.6K
41VTVANGUARD TOTAL WORLD STOCK INDEX FUND ETFETF0.36%$533,0003.9K
42PGPROCTER & GAMBLE CO COMCOM0.35%$518,0003.6K
43CVXCHEVRON CORPORATION COMCOM0.35%$514,0002.5K
44AMZNAMAZON COM INC COMCOM0.32%$472,0002.3K
45IAUISHARES GOLD ETFETF0.31%$453,0005.1K
46VGTVANGUARD INFORMATION TECHNOLOGY INDEX FUND ETF SHARESETF0.26%$378,000542
47ASRVAMERISERV FINL INC COMCOM0.25%$362,000100.0K
48ORCLORACLE CORP COMCOM0.24%$359,0002.4K
49SYYSYSCO CORP COMCOM0.23%$341,0004.8K
50GAFFXAMERICAN FUNDS THE GROWTH FUND OF AMERICA CLASS F-3COM0.23%$334,0004.5K
51JPMJPMORGAN CHASE & CO COMCOM0.21%$312,0001.1K
52MRKCISCO SYS INC COMCOM0.21%$308,0004.0K
53VTIAXVANGUARD TOTAL INTL STOCK INDEX ADMIRALCOM0.20%$299,0007.3K
54LNGCHENIERE ENERGY INC COM NEWCOM0.20%$296,0001.0K
55CCJCAMECO CORP COMCOM0.20%$292,0002.7K
56EXMOCEXXON MOBIL CORP COMCOM0.20%$290,0001.7K
57MDYSTATE STREET SPDR S&P MIDCAP 400 ETFETF0.20%$290,000470
58CVSCVS HEALTH CORP COMCOM0.19%$285,0004.0K
59ABTABBOTT LABORATORIES COMCOM0.19%$276,0002.7K
60BABOEING CO COMCOM0.18%$261,0001.3K
61NVDANVIDIA CORPORATION COMCOM0.18%$259,0001.5K
62ORAORMAT TECHNOLOGIES INC COMCOM0.17%$254,0002.3K
63DISDISNEY WALT CO COMCOM0.15%$215,0002.2K
64IBMINTERNATIONAL BUSINESS MACHS COMCOM0.14%$213,000880
65COMPCOMPASS INC CL ACOM0.12%$183,00025.1K
66BRTBRT APARTMENTS CORP COMCOM0.12%$180,00013.5K
67ENICENEL CHILE SA SPONSORED ADRADR0.03%$48,00012.2K
68SEACO LTD ORDFCOM0.00%$020.0K

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 ↗.