Lesa Sroufe & Co
•CIK: 1492162•Filing: Q4 2025
**Lesa Sroufe & Co** manages $134M across a diversified portfolio of 68 positions. The fund exhibits significant concentration in technology and materials, highlighted by a $9.8M holding in MSFT and $9.1M in HL. Further notable allocations include $8.1M in NEM and $7.4M each in PAAS and AU. This positioning suggests a tactical approach balancing large-cap tech exposure with cyclical commodity plays.
Total AUM
$134.3M
QoQ Performance
+8.5%
Positions
68
Top 10 Concentration
49.0%
Latest Filing
Q4 2025
Top Holdings Allocation
MSFT
HL
NEM
PAAS
ANGL
MSFT7.3%
HL6.8%
NEM6.0%
PAAS5.5%
ANGLOGOLD5.5%
ISHARES4.7%
TPC3.6%
M&T3.4%
📈 Biggest Buys
📉 Biggest Sells
PAAS
PAN AMERN SILVER CORP F
-27.1%
5.5% of portfolio
—
ISHARES SILVER TRUST ETF
-27.0%
4.7% of portfolio
—
PETROLEO BRASILEIRO SA F SPONS
-8.1%
2.5% of portfolio
—
M&T BK CORP
-1.9%
3.4% of portfolio
—
NVIDIA CORP
-22.7%
0.2% of portfolio
Sector Breakdown
Other85.0%
Technology8.9%
Healthcare3.9%
Consumer1.1%
Consumer Staples0.4%
Industrial0.2%
Communication0.2%
Financial0.2%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW3 new positions
↑18 increased
↓18 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023