Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Feb 14, 2023

Total Value ($000): $332,423 (100.0% shares, 0.0% debt)

Holdings (16)

TDW TIDEWATER INC 16.4%

Value ($000) $54,502 Shares 1,479,017 Est. Cost $18.20 Unrealized +67.2%

SPB SPECTRUM BRANDS HOLDINGS INC 14.0%

Value ($000) $46,478 Shares 762,934 Est. Cost $61.55 Unrealized -18.1%

JEF JEFFERIES FINANCIAL GROUP IN 13.5%

Value ($000) $44,720 Shares 1,304,554 Est. Cost $22.52 Unrealized +33.7%

WPM WHEATON PRECIOUS METALS CORP 11.7%

Value ($000) $39,023 Shares 998,536 Est. Cost $34.51 Unrealized +1.7%

ARCO ARCOS DORADOS HOLDINGS INC-A 10.4%

Value ($000) $34,675 Shares 4,147,766 Est. Cost $6.07 Unrealized +13.4%

CCJ CAMECO CORP 8.6%

Value ($000) $28,737 Shares 1,269,147 Est. Cost $15.25 Unrealized +52.9%

NTR NUTRIEN LTD 8.5%

Value ($000) $28,149 Shares 385,447 Est. Cost $51.49 Unrealized +38.1%

EFXT ENERFLEX LTD 6.6%

Value ($000) $21,888 Shares 3,473,883 Est. Cost $5.48 Unrealized 0.0%

— DESPEGAR.COM CORP 5.6%

Value ($000) $18,760 Shares 3,656,964 Est. Cost $9.26 Unrealized —

BN BROOKFIELD CORP 1.8%

Value ($000) $5,910 Shares 187,860 Est. Cost $21.90 Unrealized 0.0%

— YAMANA GOLD INC 0.7%

Value ($000) $2,354 Shares 424,083 Est. Cost $4.53 Unrealized —

CPA COPA HOLDINGS SA-CLASS A 0.6%

Value ($000) $2,087 Shares 25,093 Est. Cost $58.92 Unrealized +13.6%

CSW CSW INDUSTRIALS INC 0.6%

Value ($000) $1,939 Shares 16,724 Est. Cost $49.12 Unrealized +140.4%

CSWC CAPITAL SOUTHWEST CORP 0.5%

Value ($000) $1,817 Shares 106,270 Est. Cost $8.64 Unrealized +41.0%

BAM BROOKFIELD ASSET MGMT-A 0.4%

Value ($000) $1,353 Shares 47,197 Est. Cost $27.10 Unrealized 0.0%

— BROOKFIELD REINSURANCE LTD 0.0%

Value ($000) $30 Shares 971 Est. Cost $31.29 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TDW	TIDEWATER INC	1,479,017	$54,502	16.4%	$18.20	+67.2%	Com	88642R109
SPB	SPECTRUM BRANDS HOLDINGS INC	762,934	$46,478	14.0%	$61.55	-18.1%	Com	84790A105
JEF	JEFFERIES FINANCIAL GROUP IN	1,304,554	$44,720	13.5%	$22.52	+33.7%	Com	47233W109
WPM	WHEATON PRECIOUS METALS CORP	998,536	$39,023	11.7%	$34.51	+1.7%	Com	962879102
ARCO	ARCOS DORADOS HOLDINGS INC-A	4,147,766	$34,675	10.4%	$6.07	+13.4%	Com	G0457F107
CCJ	CAMECO CORP	1,269,147	$28,737	8.6%	$15.25	+52.9%	Com	13321L108
NTR	NUTRIEN LTD	385,447	$28,149	8.5%	$51.49	+38.1%	Com	67077M108
EFXT	ENERFLEX LTD	3,473,883	$21,888	6.6%	$5.48	0.0%	Com	29269R105
—	DESPEGAR.COM CORP	3,656,964	$18,760	5.6%	$9.26	—	Com	G27358103
BN	BROOKFIELD CORP	187,860	$5,910	1.8%	$21.90	0.0%	Com	11271J107
—	YAMANA GOLD INC	424,083	$2,354	0.7%	$4.53	—	Com	98462Y100
CPA	COPA HOLDINGS SA-CLASS A	25,093	$2,087	0.6%	$58.92	+13.6%	Com	P31076105
CSW	CSW INDUSTRIALS INC	16,724	$1,939	0.6%	$49.12	+140.4%	Com	126402106
CSWC	CAPITAL SOUTHWEST CORP	106,270	$1,817	0.5%	$8.64	+41.0%	Com	140501107
BAM	BROOKFIELD ASSET MGMT-A	47,197	$1,353	0.4%	$27.10	0.0%	Com	113004105
—	BROOKFIELD REINSURANCE LTD	971	$30	0.0%	$31.29	—	Com	G16250105