Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 15, 2021

Total Value ($000): $215,591 (100.0% shares, 0.0% debt)

Holdings (13)

SPB SPECTRUM BRANDS HOLDINGS INC 16.4%

Value ($000) $35,344 Shares 369,433 Est. Cost $56.01 Unrealized +51.7%

NTR NUTRIEN LTD 13.1%

Value ($000) $28,205 Shares 435,067 Est. Cost $38.36 Unrealized +39.4%

TDW TIDEWATER INC 13.1%

Value ($000) $28,181 Shares 2,336,722 Est. Cost $18.57 Unrealized -38.8%

ARCO ARCOS DORADOS HOLDINGS INC-A 11.9%

Value ($000) $25,609 Shares 5,001,768 Est. Cost $6.03 Unrealized -15.3%

CCJ CAMECO CORP 11.6%

Value ($000) $25,109 Shares 1,157,083 Est. Cost $10.34 Unrealized +80.7%

JEF JEFFERIES FINANCIAL GROUP IN 10.1%

Value ($000) $21,772 Shares 586,373 Est. Cost $14.81 Unrealized +96.7%

— DESPEGAR.COM CORP 8.3%

Value ($000) $17,922 Shares 1,489,805 Est. Cost $12.00 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 6.6%

Value ($000) $14,312 Shares 380,834 Est. Cost $25.10 Unrealized +65.4%

— BROOKFIELD ASSET MANAGE-CL A 5.3%

Value ($000) $11,518 Shares 215,248 Est. Cost $37.81 Unrealized —

CSWC CAPITAL SOUTHWEST CORP 1.6%

Value ($000) $3,401 Shares 135,074 Est. Cost $8.64 Unrealized +78.8%

CSW CSW INDUSTRIALS INC 1.4%

Value ($000) $3,126 Shares 24,483 Est. Cost $49.12 Unrealized +148.5%

CPA COPA HOLDINGS SA-CLASS A 0.5%

Value ($000) $1,010 Shares 12,407 Est. Cost $53.65 Unrealized +18.5%

— BROOKFIELD ASSET MANAGEMEN-A 0.0%

Value ($000) $82 Shares 1,476 Est. Cost $52.17 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPB	SPECTRUM BRANDS HOLDINGS INC	369,433	$35,344	16.4%	$56.01	+51.7%	Com	84790A105
NTR	NUTRIEN LTD	435,067	$28,205	13.1%	$38.36	+39.4%	Com	67077M108
TDW	TIDEWATER INC	2,336,722	$28,181	13.1%	$18.57	-38.8%	Com	88642R109
ARCO	ARCOS DORADOS HOLDINGS INC-A	5,001,768	$25,609	11.9%	$6.03	-15.3%	Com	G0457F107
CCJ	CAMECO CORP	1,157,083	$25,109	11.6%	$10.34	+80.7%	Com	13321L108
JEF	JEFFERIES FINANCIAL GROUP IN	586,373	$21,772	10.1%	$14.81	+96.7%	Com	47233W109
—	DESPEGAR.COM CORP	1,489,805	$17,922	8.3%	$12.00	—	Com	G27358103
WPM	WHEATON PRECIOUS METALS CORP	380,834	$14,312	6.6%	$25.10	+65.4%	Com	962879102
—	BROOKFIELD ASSET MANAGE-CL A	215,248	$11,518	5.3%	$37.81	—	Com	112585104
CSWC	CAPITAL SOUTHWEST CORP	135,074	$3,401	1.6%	$8.64	+78.8%	Com	140501107
CSW	CSW INDUSTRIALS INC	24,483	$3,126	1.4%	$49.12	+148.5%	Com	126402106
CPA	COPA HOLDINGS SA-CLASS A	12,407	$1,010	0.5%	$53.65	+18.5%	Com	P31076105
—	BROOKFIELD ASSET MANAGEMEN-A	1,476	$82	0.0%	$52.17	—	Com	G16169107