Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: Mar 5, 2021

Total Value ($000): $204,721 (100.0% shares, 0.0% debt)

Holdings (14)

JEF JEFFERIES FINANCIAL GROUP IN 14.5%

Value ($000) $29,780 Shares 2,178,461 Est. Cost $14.85 Unrealized +6.7%

VIV TELEFONICA BRASIL-ADR 14.1%

Value ($000) $28,886 Shares 3,031,032 Est. Cost $11.19 Unrealized —

SPB SPECTRUM BRANDS HOLDINGS INC 13.0%

Value ($000) $26,563 Shares 730,356 Est. Cost $56.01 Unrealized -3.5%

NTR NUTRIEN LTD 12.7%

Value ($000) $25,971 Shares 765,217 Est. Cost $38.96 Unrealized -15.8%

ARCO ARCOS DORADOS HOLDINGS INC-A 8.8%

Value ($000) $18,099 Shares 5,418,961 Est. Cost $6.41 Unrealized -9.3%

CCJ CAMECO CORP 8.8%

Value ($000) $18,089 Shares 2,373,164 Est. Cost $10.34 Unrealized -22.1%

BEN FRANKLIN RESOURCES INC 7.3%

Value ($000) $15,015 Shares 899,666 Est. Cost $21.15 Unrealized -19.1%

TDW TIDEWATER INC 7.1%

Value ($000) $14,505 Shares 2,048,671 Est. Cost $23.39 Unrealized -42.4%

WPM WHEATON PRECIOUS METALS CORP 6.8%

Value ($000) $13,882 Shares 504,239 Est. Cost $17.55 Unrealized +53.7%

— BROOKFIELD ASSET MANAGE-CL A 3.1%

Value ($000) $6,350 Shares 143,503 Est. Cost $38.35 Unrealized —

— GRAN TIERRA ENERGY INC 1.5%

Value ($000) $3,034 Shares 11,864,907 Est. Cost $1.67 Unrealized —

CSW CSW INDUSTRIALS INC 1.1%

Value ($000) $2,155 Shares 33,237 Est. Cost $47.93 Unrealized +46.7%

CSWC CAPITAL SOUTHWEST CORP 0.8%

Value ($000) $1,602 Shares 140,248 Est. Cost $8.20 Unrealized +8.9%

— DESPEGAR.COM CORP 0.4%

Value ($000) $790 Shares 139,364 Est. Cost $5.67 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JEF	JEFFERIES FINANCIAL GROUP IN	2,178,461	$29,780	14.5%	$14.85	+6.7%	Com	47233W109
VIV	TELEFONICA BRASIL-ADR	3,031,032	$28,886	14.1%	$11.19	—	Com	87936R205
SPB	SPECTRUM BRANDS HOLDINGS INC	730,356	$26,563	13.0%	$56.01	-3.5%	Com	84790A105
NTR	NUTRIEN LTD	765,217	$25,971	12.7%	$38.96	-15.8%	Com	67077M108
ARCO	ARCOS DORADOS HOLDINGS INC-A	5,418,961	$18,099	8.8%	$6.41	-9.3%	Com	G0457F107
CCJ	CAMECO CORP	2,373,164	$18,089	8.8%	$10.34	-22.1%	Com	13321L108
BEN	FRANKLIN RESOURCES INC	899,666	$15,015	7.3%	$21.15	-19.1%	Com	354613101
TDW	TIDEWATER INC	2,048,671	$14,505	7.1%	$23.39	-42.4%	Com	88642R109
WPM	WHEATON PRECIOUS METALS CORP	504,239	$13,882	6.8%	$17.55	+53.7%	Com	962879102
—	BROOKFIELD ASSET MANAGE-CL A	143,503	$6,350	3.1%	$38.35	—	Com	112585104
—	GRAN TIERRA ENERGY INC	11,864,907	$3,034	1.5%	$1.67	—	Com	38500T101
CSW	CSW INDUSTRIALS INC	33,237	$2,155	1.1%	$47.93	+46.7%	Com	126402106
CSWC	CAPITAL SOUTHWEST CORP	140,248	$1,602	0.8%	$8.20	+8.9%	Com	140501107
—	DESPEGAR.COM CORP	139,364	$790	0.4%	$5.67	—	Com	G27358103