Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Mar 5, 2021

Total Value ($000): $322,272 (100.0% shares, 0.0% debt)

Holdings (15)

ARCO ARCOS DORADOS HOLDINGS INC-A 13.2%

Value ($000) $42,432 Shares 5,828,543 Est. Cost $6.43 Unrealized -7.0%

JEF JEFFERIES FINANCIAL GROUP IN 12.5%

Value ($000) $40,353 Shares 2,098,457 Est. Cost $14.67 Unrealized -4.9%

TDW TIDEWATER INC 11.5%

Value ($000) $36,901 Shares 1,571,590 Est. Cost $25.73 Unrealized -10.6%

VIV TELEFONICA BRASIL-ADR 11.2%

Value ($000) $36,109 Shares 2,773,363 Est. Cost $11.94 Unrealized —

NTR NUTRIEN LTD 10.6%

Value ($000) $34,223 Shares 640,167 Est. Cost $40.90 Unrealized +1.8%

SPB SPECTRUM BRANDS HOLDINGS INC 10.2%

Value ($000) $32,793 Shares 609,884 Est. Cost $56.81 Unrealized +4.6%

BEN FRANKLIN RESOURCES INC 9.4%

Value ($000) $30,418 Shares 874,069 Est. Cost $21.99 Unrealized +12.1%

CCJ CAMECO CORP 5.9%

Value ($000) $18,924 Shares 1,765,029 Est. Cost $11.30 Unrealized -7.0%

— GRAN TIERRA ENERGY INC 4.1%

Value ($000) $13,348 Shares 8,526,491 Est. Cost $2.10 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 3.9%

Value ($000) $12,571 Shares 519,892 Est. Cost $16.04 Unrealized +28.1%

— BROOKFIELD ASSET MANAGE-CL A 3.9%

Value ($000) $12,449 Shares 260,547 Est. Cost $38.35 Unrealized —

CSW CSW INDUSTRIALS INC 1.6%

Value ($000) $5,042 Shares 73,978 Est. Cost $47.93 Unrealized +26.0%

CSWC CAPITAL SOUTHWEST CORP 0.9%

Value ($000) $2,938 Shares 140,248 Est. Cost $8.20 Unrealized +17.7%

CPA COPA HOLDINGS SA-CLASS A 0.8%

Value ($000) $2,519 Shares 25,817 Est. Cost $63.96 Unrealized +14.8%

RGLD ROYAL GOLD INC 0.4%

Value ($000) $1,252 Shares 12,216 Est. Cost $77.11 Unrealized +16.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ARCO	ARCOS DORADOS HOLDINGS INC-A	5,828,543	$42,432	13.2%	$6.43	-7.0%	Com	G0457F107
JEF	JEFFERIES FINANCIAL GROUP IN	2,098,457	$40,353	12.5%	$14.67	-4.9%	Com	47233W109
TDW	TIDEWATER INC	1,571,590	$36,901	11.5%	$25.73	-10.6%	Com	88642R109
VIV	TELEFONICA BRASIL-ADR	2,773,363	$36,109	11.2%	$11.94	—	Com	87936R205
NTR	NUTRIEN LTD	640,167	$34,223	10.6%	$40.90	+1.8%	Com	67077M108
SPB	SPECTRUM BRANDS HOLDINGS INC	609,884	$32,793	10.2%	$56.81	+4.6%	Com	84790A105
BEN	FRANKLIN RESOURCES INC	874,069	$30,418	9.4%	$21.99	+12.1%	Com	354613101
CCJ	CAMECO CORP	1,765,029	$18,924	5.9%	$11.30	-7.0%	Com	13321L108
—	GRAN TIERRA ENERGY INC	8,526,491	$13,348	4.1%	$2.10	—	Com	38500T101
WPM	WHEATON PRECIOUS METALS CORP	519,892	$12,571	3.9%	$16.04	+28.1%	Com	962879102
—	BROOKFIELD ASSET MANAGE-CL A	260,547	$12,449	3.9%	$38.35	—	Com	112585104
CSW	CSW INDUSTRIALS INC	73,978	$5,042	1.6%	$47.93	+26.0%	Com	126402106
CSWC	CAPITAL SOUTHWEST CORP	140,248	$2,938	0.9%	$8.20	+17.7%	Com	140501107
CPA	COPA HOLDINGS SA-CLASS A	25,817	$2,519	0.8%	$63.96	+14.8%	Com	P31076105
RGLD	ROYAL GOLD INC	12,216	$1,252	0.4%	$77.11	+16.8%	Com	780287108