Moerus Capital Management LLC Concentrated Active

Location: New York, NY

CIK: 0001742647 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 17, 2021

Total Value: $267M (100.0% shares, 0.0% debt)

Holdings (13)

SPB SPECTRUM BRANDS HOLDINGS INC 17.5%

Value $46.9M Shares 551,707 Est. Cost $56.01 Unrealized +45.5%

JEF JEFFERIES FINANCIAL GROUP IN 15.8%

Value $42.16M Shares 1,400,793 Est. Cost $14.81 Unrealized +58.1%

NTR NUTRIEN LTD 13.8%

Value $36.95M Shares 685,726 Est. Cost $38.36 Unrealized +22.0%

TDW TIDEWATER INC 13.0%

Value $34.73M Shares 2,771,774 Est. Cost $19.10 Unrealized -36.5%

ARCO ARCOS DORADOS HOLDINGS INC-A 11.4%

Value $30.41M Shares 5,974,918 Est. Cost $6.08 Unrealized -22.6%

CCJ CAMECO CORP 9.4%

Value $25.16M Shares 1,517,081 Est. Cost $10.34 Unrealized +46.8%

VIV TELEFONICA BRASIL-ADR 8.0%

Value $21.36M Shares 2,713,791 Est. Cost $10.69 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 3.9%

Value $10.37M Shares 271,286 Est. Cost $18.40 Unrealized +103.8%

— BROOKFIELD ASSET MANAGE-CL A 3.6%

Value $9.579M Shares 215,248 Est. Cost $37.81 Unrealized —

CSW CSW INDUSTRIALS INC 1.2%

Value $3.305M Shares 24,483 Est. Cost $49.12 Unrealized +152.7%

CSWC CAPITAL SOUTHWEST CORP 1.1%

Value $2.993M Shares 135,074 Est. Cost $8.64 Unrealized +34.5%

— DESPEGAR.COM CORP 0.9%

Value $2.305M Shares 169,111 Est. Cost $6.07 Unrealized —

CPA COPA HOLDINGS SA-CLASS A 0.4%

Value $1.002M Shares 12,407 Est. Cost $53.65 Unrealized +31.8%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPB	SPECTRUM BRANDS HOLDINGS INC	551,707	$46.9M	17.5%	$56.01	+45.5%	Com	84790A105
JEF	JEFFERIES FINANCIAL GROUP IN	1,400,793	$42.16M	15.8%	$14.81	+58.1%	Com	47233W109
NTR	NUTRIEN LTD	685,726	$36.95M	13.8%	$38.36	+22.0%	Com	67077M108
TDW	TIDEWATER INC	2,771,774	$34.73M	13.0%	$19.10	-36.5%	Com	88642R109
ARCO	ARCOS DORADOS HOLDINGS INC-A	5,974,918	$30.41M	11.4%	$6.08	-22.6%	Com	G0457F107
CCJ	CAMECO CORP	1,517,081	$25.16M	9.4%	$10.34	+46.8%	Com	13321L108
VIV	TELEFONICA BRASIL-ADR	2,713,791	$21.36M	8.0%	$10.69	—	Com	87936R205
WPM	WHEATON PRECIOUS METALS CORP	271,286	$10.37M	3.9%	$18.40	+103.8%	Com	962879102
—	BROOKFIELD ASSET MANAGE-CL A	215,248	$9.579M	3.6%	$37.81	—	Com	112585104
CSW	CSW INDUSTRIALS INC	24,483	$3.305M	1.2%	$49.12	+152.7%	Com	126402106
CSWC	CAPITAL SOUTHWEST CORP	135,074	$2.993M	1.1%	$8.64	+34.5%	Com	140501107
—	DESPEGAR.COM CORP	169,111	$2.305M	0.9%	$6.07	—	Com	G27358103
CPA	COPA HOLDINGS SA-CLASS A	12,407	$1.002M	0.4%	$53.65	+31.8%	Com	P31076105