Q3 2026 13F · SEC CIK 1492162

Lesa Sroufe & Co

Wealth managerFiled 2026-10-29 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $144.7M
Reported positions: 65
Top holdings a year, 3 yrs: +30.2%
Assets under management: $207.3M

Lesa Sroufe & Co is a wealth manager that reported 65 positions worth $144.7M in its Q3 2026 13F, filed 2026-10-29. Its largest holdings were Microsoft Corp (MSFT, 8.3%), Newmont Corp (NEM, 6.4%), Anglogold Ashanti PLC (AU, 5.6%). A portfolio copying its top holdings returned 30.2% a year over the last 3 years, against 20.4% for the S&P 500.

Lesa Sroufe & Co holdings largest 50 of 65 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Lesa Sroufe & Co 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
MSFTMicrosoft Corp	8.3%	6.3%	23,505	-0.3%	$12.1M
NEMNewmont Corp	6.4%	5.6%	80,512	-4.2%	$9.3M
AUAnglogold Ashanti PLC	5.6%	5.0%	86,483	-0.5%	$8.1M
PAASPan Amern Silver Corp	4.7%	4.8%	149,932	-0.5%	$6.8M
INSWInternational Seaways Inc Com	4.7%	3.4%	61,278	-0.6%	$6.7M
PBRPetroleo Brasileiro S A Sponsored ADR (b	4.3%	3.4%	294,777	-0.4%	$6.2M
SLVIshares Silver Tr	3.7%	3.8%	98,875	-0.6%	$5.4M
MTBM & T Bank Corp	3.7%	4.3%	24,274	-3.2%	$5.3M
HLHecla Mining Company Com	3.0%	2.8%	255,452	-0.6%	$4.3M
FLRFluor Corp Com	3.0%	3.3%	89,485	+0.2%	$4.3M
TTETotalenergies SE	2.9%	—	49,131	—	$4.2M
RRCRange Res Corp	2.6%	2.8%	103,425	-0.4%	$3.8M
NTRNutrien Ltd	2.6%	2.4%	53,200	-0.4%	$3.7M
CXCemex Sab de Cv Spon ADR New	2.6%	3.4%	390,468	-0.3%	$3.7M
AMGNAmgen Inc	2.5%	2.2%	8,490	+0.0%	$3.6M
INVXInnovex International Inc	2.4%	2.2%	126,267	+0.1%	$3.4M
ALKAlaska Air Group Inc	2.3%	3.3%	87,602	-0.1%	$3.4M
BKHBlack Hills	2.3%	2.6%	48,125	-0.3%	$3.4M
AAAlcoa Corp Com	2.3%	3.0%	79,599	-0.4%	$3.3M
BGBunge Global SA	2.2%	2.3%	30,343	-0.4%	$3.2M
CIBGrupo Cibest SA Fsponsored ADR 1 ADR Rep	2.1%	3.9%	32,601	-52.6%	$3.0M
NWENorthwestern Energy Group Inc Com New	2.0%	2.1%	41,849	-0.0%	$2.9M
PSQProshares Tr	1.9%	2.0%	111,824	-0.6%	$2.8M
HTLDHeartland Express Inc Com	1.9%	2.6%	237,475	-0.1%	$2.8M
MBLYMobileye Global Inc Common Class A	1.8%	2.4%	351,214	+0.3%	$2.6M
SJTSan Juan Basin Rty Tr Unit Ben Int	1.5%	1.3%	592,321	+1.9%	$2.2M
AAPLApple Inc	1.4%	1.2%	5,993	+0.0%	$2.0M
HEHawaiian Elec Inds Inc Mtn Be Com	1.2%	1.9%	200,352	+0.0%	$1.8M
TPCTutor Perini Corp Com	1.2%	2.3%	21,494	-45.4%	$1.8M
DOLEDole PLC Ord Shs	1.2%	1.3%	134,935	-0.6%	$1.7M
OLNOlin Corp	0.9%	—	84,852	—	$1.3M
SWBISmith & Wesson Brands Inc Com	0.8%	0.9%	85,666	-0.5%	$1.2M
MRKMerck & Co Inc	0.7%	0.7%	30,189	+0.0%	$964K
JNJJohnson & Johnson	0.7%	0.6%	3,581	+0.0%	$948K
GLDSpdr Gold Tr	0.5%	0.6%	2,050	-3.5%	$781K
BRK-ABerkshire Hathaway Inc Del	0.5%	0.5%	1	+0.0%	$747K
MCDMcdonalds Corp	0.5%	0.6%	3,188	+0.0%	$736K
PCARPaccar Inc	0.5%	0.5%	6,290	+0.0%	$691K
BKUTKBank Utica N Y Com Non Vtg	0.5%	0.4%	1,000	+0.0%	$688K
ABBVAbbvie Inc	0.5%	0.5%	2,599	+0.0%	$680K
CVXChevron Corporation	0.4%	0.3%	2,888	+0.0%	$590K
AMZNAmazon Com Inc	0.4%	0.4%	2,265	+0.0%	$564K
PGProcter & Gamble Co	0.4%	0.4%	3,570	-0.4%	$519K
ASRVAmeriserv Finl Inc Com	0.3%	0.3%	100,000	+0.0%	$461K
PEPPepsico Inc	0.3%	0.3%	3,572	+0.0%	$453K
CSCOCisco Sys Inc	0.3%	0.3%	3,967	+0.0%	$427K
IAUIshares Gold Tr	0.3%	0.3%	5,142	+0.0%	$402K
GAFFXAmerican Funds the Growth Fund of Americ	0.3%	0.3%	4,509	+0.0%	$399K
SYYSysco Corp	0.3%	0.3%	4,781	+0.0%	$373K
JPMJpmorgan Chase & Co	0.2%	—	1,061	—	$351K

What Lesa Sroufe & Co bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

No position grew by more than 5%.

Reduced

CIB Grupo Cibest SA Fsponsored ADR 1 ADR Rep-52.6% shares
TPC Tutor Perini Corp Com-45.4% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +46.3% /yr; S&P 500 +20.1%
3 years: +30.2% /yr; S&P 500 +20.4%
5 years: +16.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$144.7M	65
Q2 2026	$140.2M	66
Q1 2026	$146.9M	67
Q4 2025	$134.3M	68
Q3 2025	$123.8M	68
Q2 2025	$108.8M	70
Q1 2025	$100.2M	70
Q3 2024	$107.1M	74
Q2 2024	$103.0M	71
Q1 2024	$106.9M	74
Q4 2023	$98.0M	65
Q3 2023	$93.3M	66

Questions about Lesa Sroufe & Co's portfolio

What stocks does Lesa Sroufe & Co own?

Lesa Sroufe & Co's latest 13F, for Q3 2026 and filed Oct 29, 2026, lists 65 positions worth $144.7M. The largest are Microsoft Corp (MSFT) at 8.3%, Newmont Corp (NEM) at 6.4%, Anglogold Ashanti PLC (AU) at 5.6%, Pan Amern Silver Corp (PAAS) at 4.7% and International Seaways Inc Com (INSW) at 4.7%.

What did Lesa Sroufe & Co buy last quarter?

Lesa Sroufe & Co opened no new positions and grew none by more than 5% among its largest holdings in Q3 2026.

What did Lesa Sroufe & Co sell last quarter?

In Q3 2026, Lesa Sroufe & Co cut from its top 50 Spdr Series Trust (BIL), cut from its top 50 Cvs Health Corp (CVS), cut from its top 50 Oracle Corp (ORCL), Grupo Cibest SA Fsponsored ADR 1 ADR Rep (CIB) (-52.6% shares) and Tutor Perini Corp Com (TPC) (-45.4% shares), compared with its Q2 2026 filing.

How has Lesa Sroufe & Co's portfolio performed?

A portfolio copying Lesa Sroufe & Co's 20 largest 13F holdings each quarter, from the day each filing was public, returned +30.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +46.3% against +20.1%. Over 5 years: +16.8% a year against +11.6%.

When is Lesa Sroufe & Co's next 13F filing due?

13F filings are due 45 days after each quarter ends. Lesa Sroufe & Co's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Lesa Sroufe & Co manage?

Lesa Sroufe & Co reported $207.3M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $144.7M.