LS

Lesa Sroufe & Co

Diversified strategyHigh-turnover traderSector-focused

Total reported value

$146.9M

Reporting period: 2026-03-31 · Number of holdings: 69

Lesa Sroufe & Co disclosed 69 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $146.9M and a quarterly turnover rate of 98.1%.

Personality snowflake

Concentration
12.97
Portfolio Stability
98.12
Momentum/Contrarian
100
Sector conviction
100
Diversification
100
Sizing Uniformity
88.94

Recent moves

  • Trim HL

    -47.4%　-$4.4M

  • Trim TPC

    -47.9%　-$1.9M

  • Trim MSFT

    +22.3%　-$625.0K

  • Add ALK

    +131.7%　$1.3M

  • Add AA

    +1.6%　$1.1M

  • Add SWBI

    +11.1%　$456.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 68 holdings (of 69 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1MSFTMicrosoft CORPStock-Tech6.25%-1.05%+22.32%
2NEMNewmont CORPStock-Materials6.00%—+0.99%
3AUAngloGold Ashanti plcStock-Materials5.61%+5.61%NEW
4PAASPan American Silver CORPStock-Materials5.41%-0.11%+1.62%
5SLVIshares Silver TrustETF-Commodities4.49%+4.49%NEW
6PBRPetroleo Brasileiro-spon AdrStock-Energy4.07%+4.07%NEW
7MTBM & T Bank CORPStock-Financials3.64%+3.64%NEW
8AAAlcoa CORPStock-Materials3.51%+0.49%+1.59%
9CIBGrupo Cibest Sa-adrStock-Other3.30%+3.30%NEW
10HLHecla Mining CoStock-Materials3.15%-3.61%-47.44%
11RRCRange Resources CORPStock-Energy3.10%+3.10%NEW
12CXCemex Sab-spons Adr Part CerStock-Other2.96%—+1.24%
13✓ Totalenergies SeStock-Other2.96%+2.96%NEW
14INSWInternational Seaways, Inc.Stock-Other2.96%+2.96%NEW
15NTRNutrien LTDStock-Materials2.67%+2.67%NEW
16BGBunge Global SAStock-Consumer Staples2.57%+2.57%NEW
17VIVTelefonica Brasil-adrStock-Other2.48%+2.48%NEW
18PSQProshares Short QqqETF-Other2.38%+2.38%NEW
19BKHBlack Hills CORPStock-Utilities2.21%—+1.24%
20ALKAlaska Air Group INCStock-Industrials2.11%+0.75%+131.73%
21INVXInnovex International INCStock-Other2.04%—+1.03%
22AMGNAmgen INCStock-Healthcare2.03%——
23TPCTutor Perini CORPStock-Other1.99%-1.63%-47.88%
24FLRFluor CORPStock-Industrials1.97%+0.16%+1.26%
25HEHawaiian Electric IndsStock-Utilities1.96%+0.21%+1.65%
26NWENorthwestern Energy Group InStock-Utilities1.83%—+1.15%
27HTLDHeartland Express INCStock-Other1.63%+0.15%+4.56%
28DOLEDole plcStock-Other1.27%+1.27%NEW
29SJTSan Juan Basin Royalty TrStock-Other1.14%—+1.90%
30AAPLApple INCStock-Tech1.04%—+0.02%
31SWBISmith & Wesson Brands INCStock-Other0.82%+0.27%+11.09%
32MCDMcdonald's CORPStock-Consumer Disc0.67%——
33GLDSpdr Gold SharesETF-Commodities0.64%+0.64%NEW
34MRKMerck & Co. INC.Stock-Healthcare0.63%+0.63%NEW
35JNJJohnson & JohnsonStock-Healthcare0.60%——
36PCARPaccar INCStock-Industrials0.49%+0.49%NEW
37BRK-ABerkshire Hathaway Inc-cl AStock-Other0.49%+0.49%NEW
38BKUTKBank Utica N YStock-Other0.41%——
39ABBVAbbvie INCStock-Healthcare0.38%+0.38%NEW
40PEPPepsico INCStock-Consumer Staples0.38%——
41VTVanguard Tot World Stk ETFETF-Other0.36%—+2.75%
42PGProcter & Gamble Co/theStock-Consumer Staples0.35%—+0.36%
43CVXChevron CORPStock-Energy0.35%——
44AMZNAmazon.com INCStock-Consumer Disc0.32%—-2.20%
45IAUIshares Gold TrustETF-Commodities0.31%——
46VGTVanguard Info Tech ETFETF-Tech0.26%+0.26%NEW
47ASRVAmeriserv Financial INCStock-Other0.25%——
48ORCLOracle CORPStock-Tech0.24%——
49SYYSysco CORPStock-Consumer Staples0.23%——
50GAFFXAmer Fnd Grw Fd Of Am-f3Stock-Other0.23%——
1–50 of 68

Holding changes this quarter

Lesa Sroufe & Co's most significant position changes for 2026-03-31: New buy: AngloGold Ashanti plc (AU); Sold out: Anglogold Ashanti PLC F; New buy: Ishares Silver Trust (SLV); Sold out: Ishares Silver Trust ETF Iv; New buy: Petroleo Brasileiro-spon Adr (PBR).

Position changes disclosed by Lesa Sroufe & Co for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1ALKAlaska Air Group INC+0.8%+131.73%Add
2AAAlcoa CORP+0.5%+1.59%Add
3SWBISmith & Wesson Brands INC+0.3%+11.09%Add
4HEHawaiian Electric Inds+0.2%+1.65%Add
5FLRFluor CORP+0.2%+1.26%Add
6HTLDHeartland Express INC+0.2%+4.56%Add
7NEMNewmont CORP—+0.99%Add
8PAASPan American Silver CORP-0.1%+1.62%Add
9MSFTMicrosoft CORP-1.1%+22.32%Add
10TPCTutor Perini CORP-1.6%-47.88%Trim
11HLHecla Mining Co-3.6%-47.44%Trim
12AUAngloGold Ashanti plc—NEWNew buy
13✓ Anglogold Ashanti PLC F—EXITSold out
14SLVIshares Silver Trust—NEWNew buy
15✓ Ishares Silver Trust ETF Iv—EXITSold out
16PBRPetroleo Brasileiro-spon Adr—NEWNew buy
17MTBM & T Bank CORP—NEWNew buy
18CIBGrupo Cibest Sa-adr—NEWNew buy
19RRCRange Resources CORP—NEWNew buy
20✓ M & T Bank CORP—EXITSold out
21✓ Totalenergies Se—NEWNew buy
22INSWInternational Seaways, Inc.—NEWNew buy
23NTRNutrien LTD—NEWNew buy
24BGBunge Global SA—NEWNew buy
25VIVTelefonica Brasil-adr—NEWNew buy
26PSQProshares Short Qqq—NEWNew buy
27RRCRange Resources Corporation—EXITSold out
28✓ Petroleo Brasileiro SA Petrobr—EXITSold out
29NTRNutrien Ltd.—EXITSold out
30✓ Totalenergies Se—EXITSold out
31✓ International Seaways Inc—EXITSold out
32✓ Telefonica Brasil S. F Sponsor—EXITSold out
33✓ Bunge LTD—EXITSold out
34✓ Lazard INC—EXITSold out
35NOKNokia Corp-spon Adr—EXITSold out
36✓ Dole, PLC—EXITSold out
37✓ Proshares Short Qqq ETF—EXITSold out
38DOLEDole plc—NEWNew buy
39GLDSpdr Gold Shares—NEWNew buy
40MRKMerck & Co. INC.—NEWNew buy
41GLDSPDR Gold Shares—EXITSold out
42BTUPeabody Energy Corporation—EXITSold out
43PCARPaccar INC—NEWNew buy
44BRK-ABerkshire Hathaway Inc-cl A—NEWNew buy
45ABBVAbbVie Inc.—EXITSold out
46ABBVAbbvie INC—NEWNew buy
47MRKMerck & Co., Inc.—EXITSold out
48ORCLOracle Corporation—EXITSold out
49VOOVanguard S&P 500 ETF—EXITSold out
50VGTVanguard Info Tech ETF—NEWNew buy

FAQ

What is Lesa Sroufe & Co and what type of investor is it?
Lesa Sroufe & Co is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $146.9M, spread across 69 disclosed positions.
What are Lesa Sroufe & Co's largest equity positions?
Based on the latest 13F filing, Lesa Sroufe & Co's top holdings by market value are: 1. Microsoft CORP (MSFT) — $9.2M (6.3%) 2. Newmont CORP (NEM) — $8.8M (6.0%) 3. AngloGold Ashanti plc (AU) — $8.2M (5.6%) 4. Pan American Silver CORP (PAAS) — $7.9M (5.4%) 5. Ishares Silver Trust (SLV) — $6.6M (4.5%)
What changes did Lesa Sroufe & Co make in its most recent portfolio filing?
In the latest reported quarter, Lesa Sroufe & Co made 50 notable position adjustments: 19 new positions were initiated, 9 existing holdings were added to, 2 positions were partially reduced, and 20 were completely exited. The largest of these moves: New buy: AngloGold Ashanti plc (AU); Sold out: Anglogold Ashanti PLC F; New buy: Ishares Silver Trust (SLV); Sold out: Ishares Silver Trust ETF Iv; New buy: Petroleo Brasileiro-spon Adr (PBR)
What sectors does Lesa Sroufe & Co focus on?
Lesa Sroufe & Co is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 52.9% • Health Care: 27.1% • Consumer Discretionary: 6.7% • Consumer Staples: 4.9% • Energy: 3.7% • Financials: 2.5%