Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 14, 2024

Total Value ($000): $277,071 (100.0% shares, 0.0% debt)

Holdings (18)

JEF JEFFERIES FINANCIAL GROUP ORD 19.2%

Value ($000) $53,254 Shares 1,070,224 Est. Cost $23.03 Unrealized +85.6%

WPM WHEATON PRECIOUS METALS ORD 16.4%

Value ($000) $45,550 Shares 868,948 Est. Cost $35.64 Unrealized +48.4%

CCJ CAMECO ORD 11.8%

Value ($000) $32,658 Shares 663,719 Est. Cost $15.79 Unrealized +219.9%

NTR NUTRIEN ORD 11.2%

Value ($000) $30,953 Shares 608,002 Est. Cost $53.22 Unrealized -2.5%

EFXT ENERFLEX ORD 10.7%

Value ($000) $29,751 Shares 5,514,672 Est. Cost $5.19 Unrealized +3.0%

— DESPEGAR COM ORD 10.4%

Value ($000) $28,952 Shares 2,188,365 Est. Cost $8.64 Unrealized —

ARCO ARCOS DORADOS HOLDINGS CL A ORD 6.7%

Value ($000) $18,684 Shares 2,075,985 Est. Cost $6.12 Unrealized +59.4%

TDW TIDEWATER ORD 3.4%

Value ($000) $9,420 Shares 98,934 Est. Cost $18.20 Unrealized +442.0%

BN BROOKFIELD CL A ORD 2.7%

Value ($000) $7,489 Shares 180,277 Est. Cost $21.90 Unrealized +25.8%

GGAL GRUPO FINANCIERO ADR REP 10 CL B ORD 1.4%

Value ($000) $3,774 Shares 123,482 Est. Cost $14.41 Unrealized —

TECK TECK RESOURCES CL B ORD 1.2%

Value ($000) $3,314 Shares 69,190 Est. Cost $43.11 Unrealized +14.1%

DOUG DOUGLAS ELLIMAN ORD 1.1%

Value ($000) $3,040 Shares 2,620,870 Est. Cost $1.66 Unrealized -24.0%

CSW CSW INDUSTRIALS ORD 1.1%

Value ($000) $2,968 Shares 11,188 Est. Cost $49.12 Unrealized +401.8%

CSWC CAPITAL SOUTHWEST ORD 0.8%

Value ($000) $2,142 Shares 82,097 Est. Cost $8.64 Unrealized +140.8%

BAM BROOKFIELD ASSET MNGMT CL A ORD 0.6%

Value ($000) $1,796 Shares 47,197 Est. Cost $27.10 Unrealized +37.5%

BMA BANCO MACRO ADR REP TEN CL B ORD 0.6%

Value ($000) $1,695 Shares 29,570 Est. Cost $48.43 Unrealized —

CPA COPA HOLDINGS CL A ORD 0.6%

Value ($000) $1,590 Shares 16,700 Est. Cost $64.09 Unrealized +40.1%

— BROOKFIELD REINSRNC EX VOTN CL A ORD 0.0%

Value ($000) $40 Shares 971 Est. Cost $31.29 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JEF	JEFFERIES FINANCIAL GROUP ORD	1,070,224	$53,254	19.2%	$23.03	+85.6%	Com	47233W109
WPM	WHEATON PRECIOUS METALS ORD	868,948	$45,550	16.4%	$35.64	+48.4%	Com	962879102
CCJ	CAMECO ORD	663,719	$32,658	11.8%	$15.79	+219.9%	Com	13321L108
NTR	NUTRIEN ORD	608,002	$30,953	11.2%	$53.22	-2.5%	Com	67077M108
EFXT	ENERFLEX ORD	5,514,672	$29,751	10.7%	$5.19	+3.0%	Com	29269R105
—	DESPEGAR COM ORD	2,188,365	$28,952	10.4%	$8.64	—	Com	G27358103
ARCO	ARCOS DORADOS HOLDINGS CL A ORD	2,075,985	$18,684	6.7%	$6.12	+59.4%	Com	G0457F107
TDW	TIDEWATER ORD	98,934	$9,420	3.4%	$18.20	+442.0%	Com	88642R109
BN	BROOKFIELD CL A ORD	180,277	$7,489	2.7%	$21.90	+25.8%	Com	11271J107
GGAL	GRUPO FINANCIERO ADR REP 10 CL B ORD	123,482	$3,774	1.4%	$14.41	—	Com	399909100
TECK	TECK RESOURCES CL B ORD	69,190	$3,314	1.2%	$43.11	+14.1%	Com	878742204
DOUG	DOUGLAS ELLIMAN ORD	2,620,870	$3,040	1.1%	$1.66	-24.0%	Com	25961D105
CSW	CSW INDUSTRIALS ORD	11,188	$2,968	1.1%	$49.12	+401.8%	Com	126402106
CSWC	CAPITAL SOUTHWEST ORD	82,097	$2,142	0.8%	$8.64	+140.8%	Com	140501107
BAM	BROOKFIELD ASSET MNGMT CL A ORD	47,197	$1,796	0.6%	$27.10	+37.5%	Com	113004105
BMA	BANCO MACRO ADR REP TEN CL B ORD	29,570	$1,695	0.6%	$48.43	—	Com	05961W105
CPA	COPA HOLDINGS CL A ORD	16,700	$1,590	0.6%	$64.09	+40.1%	Com	P31076105
—	BROOKFIELD REINSRNC EX VOTN CL A ORD	971	$40	0.0%	$31.29	—	Com	G16250105