Filed: 10/23/2025ACC: 0001492162-25-000007
📋 What this filing means
LESA SROUFE & CO filed this quarterly 13F‑HR report disclosing 69 equity positions with a total reported market value of $123.8K. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
69
Positions
$123.8K
Total AUM (reported)
4.38M
Total Shares
Allocation by class
COM$103.0K83.2%
ADR$14.8K12.0%
ISHARES$6.0K4.9%
Portfolio Concentration
Top 3$25.0K20.2%
4–10$34.2K27.7%
11–25$38.6K31.2%
Rest$25.9K21.0%
Top 3 weight
20.2%
Top 10 weight
47.8%
Voting Authority Distribution
Total shares with voting rights: 4.38M
Sole
Full voting authority
4.38M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole69
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings69
Rows:
MICROSOFT CORP
SOLEShares20.38K
TypeSH
Market value$10.6K
8.53%
Sole
20.38K
Shared
0.00
None
0.00
PAN AMERN SILVER CORP F
SOLEShares196.39K
TypeSH
Market value$7.6K
6.14%
Sole
196.39K
Shared
0.00
None
0.00
NEWMONT CORP
SOLEShares80.68K
TypeSH
Market value$6.8K
5.49%
Sole
80.68K
Shared
0.00
None
0.00
ANGLOGOLD ASHANTI PLC F
SOLEShares85.90K
TypeSH
Market value$6.0K
4.88%
Sole
85.90K
Shared
0.00
None
0.00
HECLA MINING CO
SOLEShares472.48K
TypeSH
Market value$5.7K
4.62%
Sole
472.48K
Shared
0.00
None
0.00
ISHARES SILVER TRUST ETF
SOLEShares133.15K
TypeSH
Market value$5.6K
4.56%
Sole
133.15K
Shared
0.00
None
0.00
TUTOR PERINI CORP
SOLEShares71.17K
TypeSH
Market value$4.7K
3.77%
Sole
71.17K
Shared
0.00
None
0.00
M & T BANK CORP
SOLEShares22.85K
TypeSH
Market value$4.5K
3.65%
Sole
22.85K
Shared
0.00
None
0.00
PETROLEO BRASILEIRO F SPONSORE
SOLEShares314.02K
TypeSH
Market value$4.0K
3.21%
Sole
314.02K
Shared
0.00
None
0.00
RANGE RESOURCES CORP
SOLEShares97.93K
TypeSH
Market value$3.7K
2.98%
Sole
97.93K
Shared
0.00
None
0.00
CEMEX SAB DE C V F SPONSORED A
SOLEShares374.63K
TypeSH
Market value$3.4K
2.72%
Sole
374.63K
Shared
0.00
None
0.00
NUTRIEN LTD F
SOLEShares50.57K
TypeSH
Market value$3.0K
2.40%
Sole
50.57K
Shared
0.00
None
0.00
TELEFONICA BRASIL S. F SPONSOR
SOLEShares224.12K
TypeSH
Market value$2.9K
2.31%
Sole
224.12K
Shared
0.00
None
0.00
BLACK HILLS CORP
SOLEShares45.83K
TypeSH
Market value$2.8K
2.28%
Sole
45.83K
Shared
0.00
None
0.00
LAZARD INC
SOLEShares52.84K
TypeSH
Market value$2.8K
2.25%
Sole
52.84K
Shared
0.00
None
0.00
INTERNATIONAL SEAWAYS INC F
SOLEShares59.05K
TypeSH
Market value$2.7K
2.20%
Sole
59.05K
Shared
0.00
None
0.00
TOTALENERGIES SE FSPONSORED AD
SOLEShares45.56K
TypeSH
Market value$2.7K
2.20%
Sole
45.56K
Shared
0.00
None
0.00
FLUOR CORP
SOLEShares60.15K
TypeSH
Market value$2.5K
2.04%
Sole
60.15K
Shared
0.00
None
0.00
ALCOA CORP
SOLEShares75.50K
TypeSH
Market value$2.5K
2.01%
Sole
75.50K
Shared
0.00
None
0.00
AMGEN INC.
SOLEShares8.49K
TypeSH
Market value$2.4K
1.94%
Sole
8.49K
Shared
0.00
None
0.00
BUNGE GLOBAL SA F
SOLEShares29.02K
TypeSH
Market value$2.4K
1.90%
Sole
29.02K
Shared
0.00
None
0.00
NORTHWESTERN ENERGY GROUP INC
SOLEShares39.73K
TypeSH
Market value$2.3K
1.88%
Sole
39.73K
Shared
0.00
None
0.00
INNOVEX INTERNATIONAL INC
SOLEShares114.98K
TypeSH
Market value$2.1K
1.72%
Sole
114.98K
Shared
0.00
None
0.00
HAWAIIAN ELECTRIC INDUSTRIES
SOLEShares190.67K
TypeSH
Market value$2.1K
1.70%
Sole
190.67K
Shared
0.00
None
0.00
SAN JUAN BASIN ROYAL ROYALTY T
SOLEShares339.98K
TypeSH
Market value$2.1K
1.66%
Sole
339.98K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPSOLE | COM | 20.38K | SH | $10.6K 8.53% | 20.38K | 0.00 | 0.00 |
PAN AMERN SILVER CORP FSOLE | COM | 196.39K | SH | $7.6K 6.14% | 196.39K | 0.00 | 0.00 |
NEWMONT CORPSOLE | COM | 80.68K | SH | $6.8K 5.49% | 80.68K | 0.00 | 0.00 |
ANGLOGOLD ASHANTI PLC FSOLE | COM | 85.90K | SH | $6.0K 4.88% | 85.90K | 0.00 | 0.00 |
HECLA MINING COSOLE | COM | 472.48K | SH | $5.7K 4.62% | 472.48K | 0.00 | 0.00 |
ISHARES SILVER TRUST ETFSOLE | ISHARES | 133.15K | SH | $5.6K 4.56% | 133.15K | 0.00 | 0.00 |
TUTOR PERINI CORPSOLE | COM | 71.17K | SH | $4.7K 3.77% | 71.17K | 0.00 | 0.00 |
M & T BANK CORPSOLE | COM | 22.85K | SH | $4.5K 3.65% | 22.85K | 0.00 | 0.00 |
PETROLEO BRASILEIRO F SPONSORESOLE | ADR | 314.02K | SH | $4.0K 3.21% | 314.02K | 0.00 | 0.00 |
RANGE RESOURCES CORPSOLE | COM | 97.93K | SH | $3.7K 2.98% | 97.93K | 0.00 | 0.00 |
CEMEX SAB DE C V F SPONSORED ASOLE | ADR | 374.63K | SH | $3.4K 2.72% | 374.63K | 0.00 | 0.00 |
NUTRIEN LTD FSOLE | COM | 50.57K | SH | $3.0K 2.40% | 50.57K | 0.00 | 0.00 |
TELEFONICA BRASIL S. F SPONSORSOLE | ADR | 224.12K | SH | $2.9K 2.31% | 224.12K | 0.00 | 0.00 |
BLACK HILLS CORPSOLE | COM | 45.83K | SH | $2.8K 2.28% | 45.83K | 0.00 | 0.00 |
LAZARD INCSOLE | COM | 52.84K | SH | $2.8K 2.25% | 52.84K | 0.00 | 0.00 |
INTERNATIONAL SEAWAYS INC FSOLE | COM | 59.05K | SH | $2.7K 2.20% | 59.05K | 0.00 | 0.00 |
TOTALENERGIES SE FSPONSORED ADSOLE | ADR | 45.56K | SH | $2.7K 2.20% | 45.56K | 0.00 | 0.00 |
FLUOR CORPSOLE | COM | 60.15K | SH | $2.5K 2.04% | 60.15K | 0.00 | 0.00 |
ALCOA CORPSOLE | COM | 75.50K | SH | $2.5K 2.01% | 75.50K | 0.00 | 0.00 |
AMGEN INC.SOLE | COM | 8.49K | SH | $2.4K 1.94% | 8.49K | 0.00 | 0.00 |
BUNGE GLOBAL SA FSOLE | COM | 29.02K | SH | $2.4K 1.90% | 29.02K | 0.00 | 0.00 |
NORTHWESTERN ENERGY GROUP INCSOLE | COM | 39.73K | SH | $2.3K 1.88% | 39.73K | 0.00 | 0.00 |
INNOVEX INTERNATIONAL INCSOLE | COM | 114.98K | SH | $2.1K 1.72% | 114.98K | 0.00 | 0.00 |
HAWAIIAN ELECTRIC INDUSTRIESSOLE | COM | 190.67K | SH | $2.1K 1.70% | 190.67K | 0.00 | 0.00 |
SAN JUAN BASIN ROYAL ROYALTY TSOLE | COM | 339.98K | SH | $2.1K 1.66% | 339.98K | 0.00 | 0.00 |
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