Q4 2023 · 13F-HR
Moerus Capital Management LLCholdings as filed
Filed 2024-02-14 · accession 0001398344-24-002884
$332.2M
Reported value
17
Positions
2023-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 47233W109 | JEF | JEFFERIES FINANCIAL GROUP IN | $47.6M | 14.3% | 1,179,152 | Common | SOLE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $39.4M | 11.9% | 797,854 | Common | SOLE |
| 84790A105 | SPB | SPECTRUM BRANDS HOLDINGS INC | $38.3M | 11.5% | 480,314 | Common | SOLE |
| 88642R109 | TDW | TIDEWATER INC | $38.1M | 11.5% | 527,964 | Common | SOLE |
| G27358103 | DESP1EUR | DESPEGAR.COM CORP | $35.5M | 10.7% | 3,748,523 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $34.8M | 10.5% | 807,413 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $29.8M | 8.96% | 528,205 | Common | SOLE |
| G0457F107 | ARCO | ARCOS DORADOS HOLDINGS INC-A | $28.5M | 8.57% | 2,243,376 | Common | SOLE |
| 29269R105 | EFXT | ENERFLEX LTD | $18.8M | 5.66% | 4,063,281 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $7.4M | 2.24% | 185,560 | Common | SOLE |
| 399909100 | GGAL | GRUPO FINANCIERO GALICIA-ADR | $3.2M | 0.97% | 186,077 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD-CLS B | $2.6M | 0.78% | 61,412 | Common | SOLE |
| 126402106 | CSW | CSW INDUSTRIALS INC | $2.5M | 0.76% | 12,228 | Common | SOLE |
| 140501107 | CSWC | CAPITAL SOUTHWEST CORP | $2.3M | 0.68% | 95,730 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MGMT-A | $1.9M | 0.57% | 47,197 | Common | SOLE |
| P31076105 | CPA | COPA HOLDINGS SA-CLASS A | $1.5M | 0.44% | 13,902 | Common | SOLE |
| G16250105 | — | BROOKFIELD REINSURANCE LTD | $39,199 | 0.01% | 971 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.