0001492162-12-000001.txt : 20120215 0001492162-12-000001.hdr.sgml : 20120215 20120215120032 ACCESSION NUMBER: 0001492162-12-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120215 DATE AS OF CHANGE: 20120215 EFFECTIVENESS DATE: 20120215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Lesa Sroufe & Co CENTRAL INDEX KEY: 0001492162 IRS NUMBER: 331081760 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13961 FILM NUMBER: 12614920 BUSINESS ADDRESS: STREET 1: 1200 FIFTH AVENUE, SUITE 1200 CITY: SEATTLE STATE: WA ZIP: 98101 BUSINESS PHONE: 206-838-8385 MAIL ADDRESS: STREET 1: 1200 FIFTH AVENUE, SUITE 1200 CITY: SEATTLE STATE: WA ZIP: 98101 13F-HR 1 dec201113f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Lesa Sroufe & Co. Address: 1200 Fifth Avenue, Suite 1200 Seattle, WA 98101 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Shaun E. Corry Title: Chief Compliance Officer Phone: 206-838-8385 Signature, Place, and Date of Signing: /s/ Shaun E. Corry Seattle, WA February 15, 2012 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 44 Form 13F Information Table Value Total: $187,141 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 1/100 BERKSHIRE HTWY CLA100 SH Common Stock 084990175 230 200 SH Sole 200 ABBOTT LABORATORIES Common Stock 002824100 7841 139441 SH Sole 114541 24900 AMERISERV FINANCIAL INC Common Stock 03074A102 195 100000 SH Sole 100000 ANGLOGOLD ASHANTI LTD Sponsored ADR 035128206 6778 159669 SH Sole 139569 20100 ARCHER-DANIELS MIDLAND CO Common Stock 039483102 6590 230404 SH Sole 187504 42900 BANK OF UTICA NY NON VTG Common Stock 065437204 265 1000 SH Sole 1000 BARRICK GOLD CORP CAD Common Stock 067901108 394 8716 SH Sole 8716 BRT REALTY TRUST Common Stock 055645303 127 20000 SH Sole 20000 CHEVRON CORP Common Stock 166764100 467 4392 SH Sole 4392 CISCO SYSTEMS INC Common Stock 17275r102 7156 395775 SH Sole 320575 75200 COMMERZBANK AG ADR Sponsored ADR 202597308 17 10000 SH Sole 10000 DELL INC Common Stock 24702R101 6063 414419 SH Sole 335619 78800 ELI LILLY & CO Common Stock 532457108 7390 177815 SH Sole 143415 34400 ENCANA CORP Common Stock 292505104 3915 211277 SH Sole 170777 40500 EXXON MOBIL CORP Common Stock 30231G102 351 4144 SH Sole 4144 FLEXTRONICS INTERNATIONAL LTD Common Stock Y2573F102 4276 755505 SH Sole 623505 132000 FORD MOTOR CO Common Stock 345370860 7502 697184 SH Sole 570184 127000 GENERAL ELECTRIC CO Common Stock 369604103 7144 398886 SH Sole 329286 69600 HUDSON CITY BANCORP INC Common Stock 443683107 4314 690252 SH Sole 547952 142300 INTEL CORP Common Stock 458140100 8491 350155 SH Sole 290255 59900 INTL BUSINESS MACHINES CORP Common Stock 459200101 269 1462 SH Sole 1462 ISHARES BARCLAYS 1-3 YR TREASU Ishares 464287457 211 2502 SH Sole 2502 ISHARES GOLD TRUST Ishares 464285105 153 10050 SH Sole 10050 ISHARES SILVER TRUST Ishares 46428Q109 4187 155437 SH Sole 130637 24800 L 3 COMMUNICATIONS INC Common Stock 502424104 6623 99321 SH Sole 83321 16000 M & T BANK CORP Common Stock 55261F104 2174 28483 SH Sole 28483 MERCK & CO INC Common Stock 58933y105 7374 195596 SH Sole 159396 36200 MICROSOFT CORP Common Stock 594918104 6233 240082 SH Sole 195982 44100 NEWMONT MINING CORP Common Stock 651639106 7734 128887 SH Sole 112487 16400 NOKIA CORP SPONSORED ADR Sponsored ADR 654902204 6463 1340921 SH Sole 1090921 250000 OMEROS CORPORATION Common Stock 682143102 78 19639 SH Sole 19639 PFIZER INC Common Stock 717081103 8001 369720 SH Sole 305070 64650 PORTLAND GENERAL ELECTRIC CO Common Stock 736508847 7165 283322 SH Sole 232222 51100 PROSHARES SHORT S&P500 Common Stock 74347R503 5435 134486 SH Sole 134486 RADIOSHACK CORP Common Stock 750438103 3969 408754 SH Sole 316254 92500 REDWOOD TRUST INC Common Stock 758075402 3346 328637 SH Sole 267037 61600 SAFEWAY INC Common Stock 786514208 6391 303758 SH Sole 232858 70900 SEACO LTD ORD Common Stock G79441104 13 20000 SH Sole 20000 SOUTHWEST AIRLINES CO Common Stock 844741108 6215 726057 SH Sole 582157 143900 SPDR GOLD TR GOLD SHS Ishares 78463V107 5790 38092 SH Sole 32492 5600 TIDEWATER INC Common Stock 886423102 796 16139 SH Sole 2739 13400 TOTAL S A ADR Sponsored ADR 89151E109 6082 118990 SH Sole 93490 25500 WAL-MART STORES INC Common Stock 931142103 6172 103273 SH Sole 78973 24300 WASHINGTON FEDERAL INC Common Stock 938824109 6761 483249 SH Sole 388649 94600 187141