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Portfolio (Quarterly) Guide ↗

Lesa Sroufe & Co

· CIK 0001492162
13F Portfolio $147M AUM 69 positions Filed Apr 27, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 32 New 16 Added 5 Reduced 7 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 MSFT MICROSOFT CORP COM Technology 24,804.0 $9.2M 6.25% +5K +22.3% $370.18 +13.2%
2 NEM NEWMONT CORP COM Basic Materials 81,467.0 $8.8M 6.00% +802.0 +1.0% $108.25 +0.1%
3 PAAS PAN AMERN SILVER CORP COM Basic Materials 145,389.0 $7.9M 5.41% +2K +1.6% $54.63 +0.3%
4 AA ALCOA CORP COM Basic Materials 77,650.0 $5.2M 3.51% +1K +1.6% $66.34 -0.1%
5 CX CEMEX SA EURO MTN BE 144A SPON ADR NEW Basic Materials 380,698.0 $4.4M 2.96% +5K +1.2% $11.44 +10.1%
6 BKH BLACK HILLS CORP COM Utilities 46,831.0 $3.3M 2.21% +574.0 +1.2% $69.42 +6.8%
7 ALK ALASKA AIR GROUP INC Industrials 84,233.0 $3.1M 2.11% +48K +131.7% $36.78 +11.7%
8 INVX INNOVEX INTERNATIONAL INC COM Energy 122,788.0 $3.0M 2.04% +1K +1.0% $24.39 +26.4%
9 FLR FLUOR CORP COM Industrials 62,166.0 $2.9M 1.97% +772.0 +1.3% $46.65 -4.4%
10 HE HAWAIIAN ELEC INDS INC MTN BE COM Utilities 193,981.0 $2.9M 1.96% +3K +1.6% $14.84 -7.8%
11 NWE NORTHWESTERN ENERGY GROUP INC COM NEW Utilities 40,655.0 $2.7M 1.82% +461.0 +1.1% $65.95 +8.9%
12 HTLD HEARTLAND EXPRESS INC COM Industrials 229,848.0 $2.4M 1.63% +10K +4.6% $10.40 +37.3%
13 SJT SAN JUAN BASIN RTY TR UNIT BEN INT Energy 346,870.0 $1.7M 1.14% +6K +1.9% $4.81 -13.5%
14 SWBI SMITH & WESSON BRANDS INC COM Industrials 83,567.0 $1.2M 0.82% +8K +11.1% $14.34 +5.5%
15 VT VANGUARD TOTAL WORLD STOCK INDEX FUND ETF 3,854.0 $533K 0.36% +103.0 +2.8% $138.30 +12.2%
16 ORA ORMAT TECHNOLOGIES INC COM Utilities 2,270.0 $254K 0.17% +258.0 +12.8% $111.89 +19.6%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Basic Materials 29.2%
Energy 17.6%
Financial Services 12.0%
Industrials 11.3%
Technology 9.8%
Utilities 7.7%
Healthcare 5.0%
Communication Services 3.2%
Consumer Defensive 2.8%
Consumer Cyclical 1.2%