Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 16, 2022

Total Value ($000): $361,047 (100.0% shares, 0.0% debt)

Holdings (13)

NTR NUTRIEN LTD 16.2%

Value ($000) $58,442 Shares 562,001 Est. Cost $46.48 Unrealized +58.0%

TDW TIDEWATER INC 16.1%

Value ($000) $58,113 Shares 2,673,075 Est. Cost $18.20 Unrealized -13.1%

ARCO ARCOS DORADOS HOLDINGS INC-A 13.6%

Value ($000) $49,037 Shares 6,031,654 Est. Cost $6.07 Unrealized +2.9%

SPB SPECTRUM BRANDS HOLDINGS INC 12.8%

Value ($000) $46,260 Shares 521,420 Est. Cost $66.27 Unrealized +38.7%

WPM WHEATON PRECIOUS METALS CORP 10.6%

Value ($000) $38,417 Shares 807,420 Est. Cost $33.28 Unrealized +25.1%

CCJ CAMECO CORP 10.1%

Value ($000) $36,496 Shares 1,253,340 Est. Cost $12.77 Unrealized +82.0%

JEF JEFFERIES FINANCIAL GROUP IN 8.0%

Value ($000) $28,923 Shares 880,471 Est. Cost $19.79 Unrealized +51.3%

— DESPEGAR.COM CORP 7.4%

Value ($000) $26,692 Shares 2,187,895 Est. Cost $11.90 Unrealized —

— BROOKFIELD ASSET MANAGE-CL A 3.2%

Value ($000) $11,589 Shares 204,855 Est. Cost $37.81 Unrealized —

CSWC CAPITAL SOUTHWEST CORP 0.8%

Value ($000) $3,032 Shares 127,786 Est. Cost $8.64 Unrealized +78.2%

CSW CSW INDUSTRIALS INC 0.7%

Value ($000) $2,458 Shares 20,902 Est. Cost $49.12 Unrealized +135.4%

CPA COPA HOLDINGS SA-CLASS A 0.4%

Value ($000) $1,504 Shares 17,984 Est. Cost $58.45 Unrealized +19.6%

— BROOKFIELD ASSET MANAGEMEN-A 0.0%

Value ($000) $84 Shares 1,476 Est. Cost $52.17 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NTR	NUTRIEN LTD	562,001	$58,442	16.2%	$46.48	+58.0%	Com	67077M108
TDW	TIDEWATER INC	2,673,075	$58,113	16.1%	$18.20	-13.1%	Com	88642R109
ARCO	ARCOS DORADOS HOLDINGS INC-A	6,031,654	$49,037	13.6%	$6.07	+2.9%	Com	G0457F107
SPB	SPECTRUM BRANDS HOLDINGS INC	521,420	$46,260	12.8%	$66.27	+38.7%	Com	84790A105
WPM	WHEATON PRECIOUS METALS CORP	807,420	$38,417	10.6%	$33.28	+25.1%	Com	962879102
CCJ	CAMECO CORP	1,253,340	$36,496	10.1%	$12.77	+82.0%	Com	13321L108
JEF	JEFFERIES FINANCIAL GROUP IN	880,471	$28,923	8.0%	$19.79	+51.3%	Com	47233W109
—	DESPEGAR.COM CORP	2,187,895	$26,692	7.4%	$11.90	—	Com	G27358103
—	BROOKFIELD ASSET MANAGE-CL A	204,855	$11,589	3.2%	$37.81	—	Com	112585104
CSWC	CAPITAL SOUTHWEST CORP	127,786	$3,032	0.8%	$8.64	+78.2%	Com	140501107
CSW	CSW INDUSTRIALS INC	20,902	$2,458	0.7%	$49.12	+135.4%	Com	126402106
CPA	COPA HOLDINGS SA-CLASS A	17,984	$1,504	0.4%	$58.45	+19.6%	Com	P31076105
—	BROOKFIELD ASSET MANAGEMEN-A	1,476	$84	0.0%	$52.17	—	Com	G16169107