Q1 2024 · 13F-HR
Moerus Capital Management LLCholdings as filed
Filed 2024-05-15 · accession 0001398344-24-009626
$319.0M
Reported value
19
Positions
2024-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 47233W109 | JEF | JEFFERIES FINANCIAL GROUP ORD | $46.9M | 14.7% | 1,063,029 | Common | SOLE |
| 962879102 | WPM | WHEATON PRECIOUS METALS ORD | $39.4M | 12.4% | 836,390 | Common | SOLE |
| 88642R109 | TDW | TIDEWATER ORD | $35.4M | 11.1% | 385,280 | Common | SOLE |
| G27358103 | DESP1EUR | DESPEGAR COM ORD | $33.5M | 10.5% | 2,803,884 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN ORD | $30.5M | 9.55% | 561,091 | Common | SOLE |
| 84790A105 | SPB | SPECTRUM BRANDS HOLDINGS ORD | $29.9M | 9.36% | 335,500 | Common | SOLE |
| 13321L108 | CCJ | CAMECO ORD | $28.3M | 8.87% | 653,584 | Common | SOLE |
| 29269R105 | EFXT | ENERFLEX ORD | $26.3M | 8.24% | 4,514,762 | Common | SOLE |
| G0457F107 | ARCO | ARCOS DORADOS HOLDINGS CL A ORD | $22.8M | 7.15% | 2,049,706 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CL A ORD | $7.8M | 2.44% | 185,560 | Common | SOLE |
| 399909100 | GGAL | GRUPO FINANCIERO ADR REP 10 CL B ORD | $3.8M | 1.19% | 149,482 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES CL B ORD | $2.8M | 0.88% | 61,412 | Common | SOLE |
| 126402106 | CSW | CSW INDUSTRIALS ORD | $2.6M | 0.82% | 11,188 | Common | SOLE |
| 25961D105 | DOUG | DOUGLAS ELLIMAN ORD | $2.1M | 0.66% | 1,324,329 | Common | SOLE |
| 140501107 | CSWC | CAPITAL SOUTHWEST ORD | $2.0M | 0.64% | 82,097 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MNGMT CL A ORD | $2.0M | 0.62% | 47,197 | Common | SOLE |
| P31076105 | CPA | COPA HOLDINGS CL A ORD | $1.4M | 0.45% | 13,902 | Common | SOLE |
| 05961W105 | BMA | BANCO MACRO ADR REP TEN CL B ORD | $1.4M | 0.43% | 28,759 | Common | SOLE |
| G16250105 | — | BROOKFIELD REINSRNC EX VOTN CL A ORD | $40,568 | 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.