Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 16, 2021

Total Value ($000): $217,711 (100.0% shares, 0.0% debt)

Holdings (14)

SPB SPECTRUM BRANDS HOLDINGS INC 15.0%

Value ($000) $32,626 Shares 383,657 Est. Cost $56.01 Unrealized +57.4%

NTR NUTRIEN LTD 13.7%

Value ($000) $29,935 Shares 493,903 Est. Cost $38.36 Unrealized +33.9%

ARCO ARCOS DORADOS HOLDINGS INC-A 13.1%

Value ($000) $28,413 Shares 4,759,342 Est. Cost $6.08 Unrealized -11.3%

JEF JEFFERIES FINANCIAL GROUP IN 12.6%

Value ($000) $27,433 Shares 802,149 Est. Cost $14.81 Unrealized +78.0%

TDW TIDEWATER INC 12.1%

Value ($000) $26,236 Shares 2,177,268 Est. Cost $19.10 Unrealized -30.4%

CCJ CAMECO CORP 10.7%

Value ($000) $23,299 Shares 1,215,363 Est. Cost $10.34 Unrealized +80.3%

WPM WHEATON PRECIOUS METALS CORP 6.0%

Value ($000) $13,029 Shares 295,641 Est. Cost $20.36 Unrealized +107.4%

— DESPEGAR.COM CORP 6.0%

Value ($000) $12,960 Shares 981,093 Est. Cost $11.98 Unrealized —

— BROOKFIELD ASSET MANAGE-CL A 5.0%

Value ($000) $10,973 Shares 215,248 Est. Cost $37.81 Unrealized —

VIV TELEFONICA BRASIL-ADR 2.6%

Value ($000) $5,757 Shares 677,332 Est. Cost $10.69 Unrealized —

CSWC CAPITAL SOUTHWEST CORP 1.4%

Value ($000) $3,138 Shares 135,074 Est. Cost $8.64 Unrealized +67.0%

CSW CSW INDUSTRIALS INC 1.3%

Value ($000) $2,900 Shares 24,483 Est. Cost $49.12 Unrealized +154.3%

CPA COPA HOLDINGS SA-CLASS A 0.4%

Value ($000) $935 Shares 12,407 Est. Cost $53.65 Unrealized +27.7%

— BROOKFIELD ASSET MANAGEMEN-A 0.0%

Value ($000) $77 Shares 1,476 Est. Cost $52.17 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPB	SPECTRUM BRANDS HOLDINGS INC	383,657	$32,626	15.0%	$56.01	+57.4%	Com	84790A105
NTR	NUTRIEN LTD	493,903	$29,935	13.7%	$38.36	+33.9%	Com	67077M108
ARCO	ARCOS DORADOS HOLDINGS INC-A	4,759,342	$28,413	13.1%	$6.08	-11.3%	Com	G0457F107
JEF	JEFFERIES FINANCIAL GROUP IN	802,149	$27,433	12.6%	$14.81	+78.0%	Com	47233W109
TDW	TIDEWATER INC	2,177,268	$26,236	12.1%	$19.10	-30.4%	Com	88642R109
CCJ	CAMECO CORP	1,215,363	$23,299	10.7%	$10.34	+80.3%	Com	13321L108
WPM	WHEATON PRECIOUS METALS CORP	295,641	$13,029	6.0%	$20.36	+107.4%	Com	962879102
—	DESPEGAR.COM CORP	981,093	$12,960	6.0%	$11.98	—	Com	G27358103
—	BROOKFIELD ASSET MANAGE-CL A	215,248	$10,973	5.0%	$37.81	—	Com	112585104
VIV	TELEFONICA BRASIL-ADR	677,332	$5,757	2.6%	$10.69	—	Com	87936R205
CSWC	CAPITAL SOUTHWEST CORP	135,074	$3,138	1.4%	$8.64	+67.0%	Com	140501107
CSW	CSW INDUSTRIALS INC	24,483	$2,900	1.3%	$49.12	+154.3%	Com	126402106
CPA	COPA HOLDINGS SA-CLASS A	12,407	$935	0.4%	$53.65	+27.7%	Com	P31076105
—	BROOKFIELD ASSET MANAGEMEN-A	1,476	$77	0.0%	$52.17	—	Com	G16169107