LESA SROUFE & CO

PrivateCIK: 1492162

Location

SEATTLE, WA

Positions

$146.9K

Total AUM (reported)

3.80M

Total Shares

Allocation by class

COM$115.3K78.5%

ADR$18.9K12.9%

ETF$12.7K8.6%

Portfolio Concentration

Top 3$26.2K17.9%

4–10$40.5K27.6%

11–25$53.5K36.4%

Rest$26.7K18.2%

Top 3 weight

17.9%

Top 10 weight

45.4%

Voting Authority Distribution

Total shares with voting rights: 3.80M

Sole

Full voting authority

3.80M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole68

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings68

Rows:

MICROSOFT CORP COM

SOLE

COM

Shares24.80K

TypeSH

Market value$9.2K

6.25%

Sole

24.80K

Shared

0.00

None

0.00

NEWMONT CORP COM

SOLE

COM

Shares81.47K

TypeSH

Market value$8.8K

6.00%

Sole

81.47K

Shared

0.00

None

0.00

ANGLOGOLD ASHANTI PLC COM SHS

SOLE

COM

Shares84.69K

TypeSH

Market value$8.2K

5.61%

Sole

84.69K

Shared

0.00

None

0.00

PAN AMERN SILVER CORP COM

SOLE

COM

Shares145.39K

TypeSH

Market value$7.9K

5.41%

Sole

145.39K

Shared

0.00

None

0.00

ISHARES SILVER TRUST ETF

SOLE

ETF

Shares96.70K

TypeSH

Market value$6.6K

4.49%

Sole

96.70K

Shared

0.00

None

0.00

PETROLEO BRASILEIRO S A SPONSORED ADR

SOLE

ADR

Shares288.15K

TypeSH

Market value$6.0K

4.07%

Sole

288.15K

Shared

0.00

None

0.00

M & T BANK CORP

SOLE

COM

Shares25.87K

TypeSH

Market value$5.3K

3.64%

Sole

25.87K

Shared

0.00

None

0.00

ALCOA CORP COM

SOLE

COM

Shares77.65K

TypeSH

Market value$5.2K

3.51%

Sole

77.65K

Shared

0.00

None

0.00

GRUPO CIBEST SA FSPONSORED ADR 1 ADR REPS 4 ORD SHS

SOLE

ADR

Shares66.63K

TypeSH

Market value$4.9K

3.30%

Sole

66.63K

Shared

0.00

None

0.00

HECLA MINING COMPANY COM

SOLE

COM

Shares248.69K

TypeSH

Market value$4.6K

3.15%

Sole

248.69K

Shared

0.00

None

0.00

RANGE RES CORP COM

SOLE

COM

Shares100.71K

TypeSH

Market value$4.5K

3.10%

Sole

100.71K

Shared

0.00

None

0.00

CEMEX SA EURO MTN BE 144A SPON ADR NEW

SOLE

ADR

Shares380.70K

TypeSH

Market value$4.4K

2.96%

Sole

380.70K

Shared

0.00

None

0.00

TOTALENERGIES F

SOLE

COM

Shares47.82K

TypeSH

Market value$4.4K

2.96%

Sole

47.82K

Shared

0.00

None

0.00

INTERNATIONAL SEAWAYS INC COM

SOLE

COM

Shares59.69K

TypeSH

Market value$4.3K

2.96%

Sole

59.69K

Shared

0.00

None

0.00

NUTRIEN LTD COM

SOLE

COM

Shares52K

TypeSH

Market value$3.9K

2.67%

Sole

52K

Shared

0.00

None

0.00

BUNGE GLOBAL SA COM SHS

SOLE

COM

Shares29.71K

TypeSH

Market value$3.8K

2.57%

Sole

29.71K

Shared

0.00

None

0.00

TELEFONICA BRASIL S. F SPONSORED ADR 1 ADR

SOLE

ADR

Shares229.28K

TypeSH

Market value$3.6K

2.48%

Sole

229.28K

Shared

0.00

None

0.00

PROSHARES SHORT QQQ ETF

SOLE

ETF

Shares108.72K

TypeSH

Market value$3.5K

2.38%

Sole

108.72K

Shared

0.00

None

0.00

BLACK HILLS CORP COM

SOLE

COM

Shares46.83K

TypeSH

Market value$3.3K

2.21%

Sole

46.83K

Shared

0.00

None

0.00

ALASKA AIR GROUP INC

SOLE

COM

Shares84.23K

TypeSH

Market value$3.1K

2.11%

Sole

84.23K

Shared

0.00

None

0.00

INNOVEX INTERNATIONAL INC COM

SOLE

COM

Shares122.79K

TypeSH

Market value$3.0K

2.04%

Sole

122.79K

Shared

0.00

None

0.00

AMGEN INC COM

SOLE

COM

Shares8.49K

TypeSH

Market value$3.0K

2.03%

Sole

8.49K

Shared

0.00

None

0.00

TUTOR PERINI CORP COM

SOLE

COM

Shares37.79K

TypeSH

Market value$2.9K

1.99%

Sole

37.79K

Shared

0.00

None

0.00

FLUOR CORP COM

SOLE

COM

Shares62.17K

TypeSH

Market value$2.9K

1.97%

Sole

62.17K

Shared

0.00

None

0.00

HAWAIIAN ELEC INDS INC MTN BE COM

SOLE

COM

Shares193.98K

TypeSH

Market value$2.9K

1.96%

Sole

193.98K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
MICROSOFT CORP COMSOLE	COM	24.80K	SH	$9.2K 6.25%	24.80K
NEWMONT CORP COMSOLE	COM	81.47K	SH	$8.8K 6.00%	81.47K
ANGLOGOLD ASHANTI PLC COM SHSSOLE	COM	84.69K	SH	$8.2K 5.61%	84.69K
PAN AMERN SILVER CORP COMSOLE	COM	145.39K	SH	$7.9K 5.41%	145.39K
ISHARES SILVER TRUST ETFSOLE	ETF	96.70K	SH	$6.6K 4.49%	96.70K
PETROLEO BRASILEIRO S A SPONSORED ADRSOLE	ADR	288.15K	SH	$6.0K 4.07%	288.15K
M & T BANK CORPSOLE	COM	25.87K	SH	$5.3K 3.64%	25.87K
ALCOA CORP COMSOLE	COM	77.65K	SH	$5.2K 3.51%	77.65K
GRUPO CIBEST SA FSPONSORED ADR 1 ADR REPS 4 ORD SHSSOLE	ADR	66.63K	SH	$4.9K 3.30%	66.63K
HECLA MINING COMPANY COMSOLE	COM	248.69K	SH	$4.6K 3.15%	248.69K
RANGE RES CORP COMSOLE	COM	100.71K	SH	$4.5K 3.10%	100.71K
CEMEX SA EURO MTN BE 144A SPON ADR NEWSOLE	ADR	380.70K	SH	$4.4K 2.96%	380.70K
TOTALENERGIES FSOLE	COM	47.82K	SH	$4.4K 2.96%	47.82K
INTERNATIONAL SEAWAYS INC COMSOLE	COM	59.69K	SH	$4.3K 2.96%	59.69K
NUTRIEN LTD COMSOLE	COM	52K	SH	$3.9K 2.67%	52K
BUNGE GLOBAL SA COM SHSSOLE	COM	29.71K	SH	$3.8K 2.57%	29.71K
TELEFONICA BRASIL S. F SPONSORED ADR 1 ADRSOLE	ADR	229.28K	SH	$3.6K 2.48%	229.28K
PROSHARES SHORT QQQ ETFSOLE	ETF	108.72K	SH	$3.5K 2.38%	108.72K
BLACK HILLS CORP COMSOLE	COM	46.83K	SH	$3.3K 2.21%	46.83K
ALASKA AIR GROUP INCSOLE	COM	84.23K	SH	$3.1K 2.11%	84.23K
INNOVEX INTERNATIONAL INC COMSOLE	COM	122.79K	SH	$3.0K 2.04%	122.79K
AMGEN INC COMSOLE	COM	8.49K	SH	$3.0K 2.03%	8.49K
TUTOR PERINI CORP COMSOLE	COM	37.79K	SH	$2.9K 1.99%	37.79K
FLUOR CORP COMSOLE	COM	62.17K	SH	$2.9K 1.97%	62.17K
HAWAIIAN ELEC INDS INC MTN BE COMSOLE	COM	193.98K	SH	$2.9K 1.96%	193.98K

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