Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value ($000): $341,636 (100.0% shares, 0.0% debt)

Holdings (16)

SPB SPECTRUM BRANDS HOLDINGS INC 15.1%

Value ($000) $51,450 Shares 659,188 Est. Cost $61.55 Unrealized +15.9%

TDW TIDEWATER INC 12.9%

Value ($000) $44,136 Shares 796,102 Est. Cost $18.20 Unrealized +151.6%

JEF JEFFERIES FINANCIAL GROUP IN 12.0%

Value ($000) $41,060 Shares 1,237,855 Est. Cost $22.60 Unrealized +27.3%

WPM WHEATON PRECIOUS METALS CORP 11.3%

Value ($000) $38,767 Shares 896,975 Est. Cost $34.51 Unrealized +34.5%

CCJ CAMECO CORP 9.7%

Value ($000) $33,102 Shares 1,056,481 Est. Cost $15.25 Unrealized +83.3%

— DESPEGAR.COM CORP 9.4%

Value ($000) $32,195 Shares 4,566,654 Est. Cost $8.64 Unrealized —

NTR NUTRIEN LTD 9.3%

Value ($000) $31,837 Shares 539,158 Est. Cost $53.71 Unrealized +8.2%

ARCO ARCOS DORADOS HOLDINGS INC-A 8.7%

Value ($000) $29,671 Shares 2,894,699 Est. Cost $6.07 Unrealized +31.0%

EFXT ENERFLEX LTD 6.8%

Value ($000) $23,281 Shares 3,417,822 Est. Cost $5.48 Unrealized +7.8%

BN BROOKFIELD CORP 1.9%

Value ($000) $6,321 Shares 187,860 Est. Cost $21.90 Unrealized -5.0%

CSW CSW INDUSTRIALS INC 0.8%

Value ($000) $2,597 Shares 15,624 Est. Cost $49.12 Unrealized +191.0%

CSWC CAPITAL SOUTHWEST CORP 0.6%

Value ($000) $2,096 Shares 106,270 Est. Cost $8.64 Unrealized +55.2%

TECK TECK RESOURCES LTD-CLS B 0.6%

Value ($000) $2,014 Shares 47,846 Est. Cost $42.97 Unrealized 0.0%

BAM BROOKFIELD ASSET MGMT-A 0.5%

Value ($000) $1,540 Shares 47,197 Est. Cost $27.10 Unrealized +8.3%

CPA COPA HOLDINGS SA-CLASS A 0.4%

Value ($000) $1,537 Shares 13,902 Est. Cost $58.92 Unrealized +46.4%

— BROOKFIELD REINSURANCE LTD 0.0%

Value ($000) $33 Shares 971 Est. Cost $31.29 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPB	SPECTRUM BRANDS HOLDINGS INC	659,188	$51,450	15.1%	$61.55	+15.9%	Com	84790A105
TDW	TIDEWATER INC	796,102	$44,136	12.9%	$18.20	+151.6%	Com	88642R109
JEF	JEFFERIES FINANCIAL GROUP IN	1,237,855	$41,060	12.0%	$22.60	+27.3%	Com	47233W109
WPM	WHEATON PRECIOUS METALS CORP	896,975	$38,767	11.3%	$34.51	+34.5%	Com	962879102
CCJ	CAMECO CORP	1,056,481	$33,102	9.7%	$15.25	+83.3%	Com	13321L108
—	DESPEGAR.COM CORP	4,566,654	$32,195	9.4%	$8.64	—	Com	G27358103
NTR	NUTRIEN LTD	539,158	$31,837	9.3%	$53.71	+8.2%	Com	67077M108
ARCO	ARCOS DORADOS HOLDINGS INC-A	2,894,699	$29,671	8.7%	$6.07	+31.0%	Com	G0457F107
EFXT	ENERFLEX LTD	3,417,822	$23,281	6.8%	$5.48	+7.8%	Com	29269R105
BN	BROOKFIELD CORP	187,860	$6,321	1.9%	$21.90	-5.0%	Com	11271J107
CSW	CSW INDUSTRIALS INC	15,624	$2,597	0.8%	$49.12	+191.0%	Com	126402106
CSWC	CAPITAL SOUTHWEST CORP	106,270	$2,096	0.6%	$8.64	+55.2%	Com	140501107
TECK	TECK RESOURCES LTD-CLS B	47,846	$2,014	0.6%	$42.97	0.0%	Com	878742204
BAM	BROOKFIELD ASSET MGMT-A	47,197	$1,540	0.5%	$27.10	+8.3%	Com	113004105
CPA	COPA HOLDINGS SA-CLASS A	13,902	$1,537	0.4%	$58.92	+46.4%	Com	P31076105
—	BROOKFIELD REINSURANCE LTD	971	$33	0.0%	$31.29	—	Com	G16250105