Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Mar 5, 2021

Total Value ($000): $205,142 (100.0% shares, 0.0% debt)

Holdings (13)

JEF JEFFERIES FINANCIAL GROUP IN 17.7%

Value ($000) $36,226 Shares 2,012,546 Est. Cost $14.81 Unrealized -6.5%

SPB SPECTRUM BRANDS HOLDINGS INC 16.3%

Value ($000) $33,465 Shares 585,462 Est. Cost $56.01 Unrealized -2.1%

NTR NUTRIEN LTD 14.0%

Value ($000) $28,697 Shares 731,504 Est. Cost $38.37 Unrealized -20.0%

ARCO ARCOS DORADOS HOLDINGS INC-A 11.1%

Value ($000) $22,814 Shares 5,564,437 Est. Cost $6.25 Unrealized -33.8%

VIV TELEFONICA BRASIL-ADR 10.1%

Value ($000) $20,631 Shares 2,689,836 Est. Cost $10.97 Unrealized —

CCJ CAMECO CORP 8.7%

Value ($000) $17,898 Shares 1,770,802 Est. Cost $10.34 Unrealized +2.8%

TDW TIDEWATER INC 8.5%

Value ($000) $17,504 Shares 2,608,700 Est. Cost $19.65 Unrealized -66.6%

WPM WHEATON PRECIOUS METALS CORP 7.2%

Value ($000) $14,865 Shares 302,931 Est. Cost $18.40 Unrealized +160.6%

— BROOKFIELD ASSET MANAGE-CL A 3.5%

Value ($000) $7,116 Shares 215,248 Est. Cost $36.53 Unrealized —

CSW CSW INDUSTRIALS INC 1.3%

Value ($000) $2,568 Shares 33,237 Est. Cost $47.93 Unrealized +47.4%

CSWC CAPITAL SOUTHWEST CORP 1.0%

Value ($000) $1,970 Shares 140,248 Est. Cost $8.20 Unrealized -8.3%

— DESPEGAR.COM CORP 0.6%

Value ($000) $1,248 Shares 196,296 Est. Cost $6.07 Unrealized —

CPA COPA HOLDINGS SA-CLASS A 0.1%

Value ($000) $140 Shares 2,772 Est. Cost $42.95 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JEF	JEFFERIES FINANCIAL GROUP IN	2,012,546	$36,226	17.7%	$14.81	-6.5%	Com	47233W109
SPB	SPECTRUM BRANDS HOLDINGS INC	585,462	$33,465	16.3%	$56.01	-2.1%	Com	84790A105
NTR	NUTRIEN LTD	731,504	$28,697	14.0%	$38.37	-20.0%	Com	67077M108
ARCO	ARCOS DORADOS HOLDINGS INC-A	5,564,437	$22,814	11.1%	$6.25	-33.8%	Com	G0457F107
VIV	TELEFONICA BRASIL-ADR	2,689,836	$20,631	10.1%	$10.97	—	Com	87936R205
CCJ	CAMECO CORP	1,770,802	$17,898	8.7%	$10.34	+2.8%	Com	13321L108
TDW	TIDEWATER INC	2,608,700	$17,504	8.5%	$19.65	-66.6%	Com	88642R109
WPM	WHEATON PRECIOUS METALS CORP	302,931	$14,865	7.2%	$18.40	+160.6%	Com	962879102
—	BROOKFIELD ASSET MANAGE-CL A	215,248	$7,116	3.5%	$36.53	—	Com	112585104
CSW	CSW INDUSTRIALS INC	33,237	$2,568	1.3%	$47.93	+47.4%	Com	126402106
CSWC	CAPITAL SOUTHWEST CORP	140,248	$1,970	1.0%	$8.20	-8.3%	Com	140501107
—	DESPEGAR.COM CORP	196,296	$1,248	0.6%	$6.07	—	Com	G27358103
CPA	COPA HOLDINGS SA-CLASS A	2,772	$140	0.1%	$42.95	0.0%	Com	P31076105