Lesa Sroufe & Co Q1 2023 vs. Q2 2023 13F Holdings Comparison

Lesa Sroufe & Co is a prominent investment management firm that recently released its report comparing its 13F holdings from the first quarter of 2023 to the second quarter of 2023. This report provides valuable insights into the changes in the fund's holdings during this period. Let's take a closer look at the key takeaways from this report.

1. Microsoft Corp (MSFT): The fund maintained its holdings in Microsoft Corp, with a slight increase from 26,100 shares in Q1 to 26,101 shares in Q2. The value of these holdings also increased from $7,525,000 to $8,888,000, representing an 18.1% change.

2. Range Resources Corp (RRC): Lesa Sroufe & Co saw a small decrease in its holdings of Range Resources Corp, with the number of shares dropping from 130,258 in Q1 to 129,577 in Q2. However, the value of these holdings increased from $3,448,000 to $3,810,000, indicating a 10.5% change.

3. Petroleo Brasileiro S.A. (PBR): The fund's holdings of Petroleo Brasileiro S.A. remained relatively stable, with a slight decrease from 258,571 shares in Q1 to 256,571 shares in Q2. However, the value of these holdings increased from $2,697,000 to $3,548,000, suggesting a 31.6% change.

4. Nutrien Ltd (NTR.TO): Lesa Sroufe & Co experienced a significant decrease in its holdings of Nutrien Ltd, with the number of shares declining from 53,478 in Q1 to 52,806 in Q2. The value of these holdings also dropped from $3,949,000 to $3,118,000, representing a 21% change.

5. Bunge Limited (BG): The fund's holdings of Bunge Limited saw a minor decrease, with the number of shares declining from 31,879 in Q1 to 31,369 in Q2. The value of these holdings also slightly decreased from $3,045,000 to $2,960,000, indicating a 2.8% change.

6. CEMEX SAB de CV Sponsored ADR: Lesa Sroufe & Co saw an increase in its holdings of CEMEX SAB de CV Sponsored ADR, with the number of shares rising from 404,674 in Q1 to 402,236 in Q2. The value of these holdings also increased from $2,238,000 to $2,848,000, suggesting a 27.3% change.

7. M&T Bank Corp (MTB): The fund maintained its holdings in M&T Bank Corp, with the number of shares remaining constant at 22,853 shares in both Q1 and Q2. The value of these holdings slightly increased from $2,733,000 to $2,828,000, indicating a 3.5% change.

8. iShares Silver Trust ETF (SLV): Lesa Sroufe & Co experienced a small decrease in its holdings of iShares Silver Trust ETF, with the number of shares dropping from 134,182 in Q1 to 133,018 in Q2. The value of these holdings also declined from $2,968,000 to $2,779,000, representing a 6.4% change.

9. Newmont Corp (NEM): The fund saw a decrease in its holdings of Newmont Corp, with the number of shares declining from 64,833 in Q1 to 62,801 in Q2. The value of these holdings also dropped from $3,178,000 to $2,679,000, indicating a 15.7% change.

10. Frontline PLC (FRO): Lesa Sroufe & Co experienced a decrease in its holdings of Frontline PLC, with the number of shares declining from 180,335 in Q1 to 179,381 in Q2. The value of these holdings also dropped from $2,986,000 to $2,606,000, suggesting a 12.7% change.

This is just a snapshot of the changes in Lesa Sroufe & Co's 13F holdings during Q1 and Q2 of 2023. The complete report provides a comprehensive overview of all the companies in which the fund holds positions. Such reports are essential for investors and analysts looking to understand the portfolio strategies employed by investment management firms.

In conclusion, Lesa Sroufe & Co's Q1 2023 vs. Q2 2023 13F holdings comparison offers valuable insights into the firm's investment decisions during this period, highlighting changes in holdings and their respective values. Investors and market observers can use this information to gain a deeper understanding of the fund's investment strategy and make more informed decisions.