Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q4 2018 (Next →)

Filing Date: Mar 5, 2021

Total Value ($000): $306,174 (100.0% shares, 0.0% debt)

Holdings (16)

ARCO ARCOS DORADOS HOLDINGS INC-A 14.5%

Value ($000) $44,537 Shares 5,637,646 Est. Cost $6.42 Unrealized 0.0%

VIV TELEFONICA BRASIL-ADR 13.1%

Value ($000) $40,076 Shares 3,359,225 Est. Cost $11.93 Unrealized —

JEF JEFFERIES FINANCIAL GROUP IN 11.0%

Value ($000) $33,626 Shares 1,937,008 Est. Cost $14.70 Unrealized 0.0%

NTR NUTRIEN LTD 9.0%

Value ($000) $27,610 Shares 587,443 Est. Cost $40.88 Unrealized 0.0%

TDW TIDEWATER INC 8.9%

Value ($000) $27,202 Shares 1,421,969 Est. Cost $26.05 Unrealized 0.0%

BEN FRANKLIN RESOURCES INC 7.7%

Value ($000) $23,714 Shares 799,539 Est. Cost $21.92 Unrealized 0.0%

SPB SPECTRUM BRANDS HOLDINGS INC 6.8%

Value ($000) $20,856 Shares 493,635 Est. Cost $57.80 Unrealized 0.0%

— BROOKFIELD ASSET MANAGE-CL A 6.1%

Value ($000) $18,811 Shares 490,513 Est. Cost $38.35 Unrealized —

CCJ CAMECO CORP 5.9%

Value ($000) $18,142 Shares 1,591,177 Est. Cost $11.26 Unrealized 0.0%

— COLFAX CORP 5.2%

Value ($000) $15,945 Shares 762,899 Est. Cost $20.90 Unrealized —

— GRAN TIERRA ENERGY INC 4.6%

Value ($000) $13,988 Shares 6,372,968 Est. Cost $2.19 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 3.0%

Value ($000) $9,168 Shares 469,407 Est. Cost $15.64 Unrealized 0.0%

CSW CSW INDUSTRIALS INC 2.2%

Value ($000) $6,781 Shares 140,248 Est. Cost $47.93 Unrealized 0.0%

CSWC CAPITAL SOUTHWEST CORP 0.9%

Value ($000) $2,696 Shares 140,248 Est. Cost $8.20 Unrealized 0.0%

CPA COPA HOLDINGS SA-CLASS A 0.6%

Value ($000) $1,989 Shares 25,273 Est. Cost $63.78 Unrealized 0.0%

RGLD ROYAL GOLD INC 0.3%

Value ($000) $1,033 Shares 12,066 Est. Cost $76.98 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ARCO	ARCOS DORADOS HOLDINGS INC-A	5,637,646	$44,537	14.5%	$6.42	0.0%	Com	G0457F107
VIV	TELEFONICA BRASIL-ADR	3,359,225	$40,076	13.1%	$11.93	—	Com	87936R205
JEF	JEFFERIES FINANCIAL GROUP IN	1,937,008	$33,626	11.0%	$14.70	0.0%	Com	47233W109
NTR	NUTRIEN LTD	587,443	$27,610	9.0%	$40.88	0.0%	Com	67077M108
TDW	TIDEWATER INC	1,421,969	$27,202	8.9%	$26.05	0.0%	Com	88642R109
BEN	FRANKLIN RESOURCES INC	799,539	$23,714	7.7%	$21.92	0.0%	Com	354613101
SPB	SPECTRUM BRANDS HOLDINGS INC	493,635	$20,856	6.8%	$57.80	0.0%	Com	84790A105
—	BROOKFIELD ASSET MANAGE-CL A	490,513	$18,811	6.1%	$38.35	—	Com	112585104
CCJ	CAMECO CORP	1,591,177	$18,142	5.9%	$11.26	0.0%	Com	13321L108
—	COLFAX CORP	762,899	$15,945	5.2%	$20.90	—	Com	194014106
—	GRAN TIERRA ENERGY INC	6,372,968	$13,988	4.6%	$2.19	—	Com	38500T101
WPM	WHEATON PRECIOUS METALS CORP	469,407	$9,168	3.0%	$15.64	0.0%	Com	962879102
CSW	CSW INDUSTRIALS INC	140,248	$6,781	2.2%	$47.93	0.0%	Com	126402106
CSWC	CAPITAL SOUTHWEST CORP	140,248	$2,696	0.9%	$8.20	0.0%	Com	140501107
CPA	COPA HOLDINGS SA-CLASS A	25,273	$1,989	0.6%	$63.78	0.0%	Com	P31076105
RGLD	ROYAL GOLD INC	12,066	$1,033	0.3%	$76.98	0.0%	Com	780287108