Moerus Capital Management LLC Concentrated Active

CIK: 0001742647 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Nov 14, 2024

Total Value ($000): $272,390 (100.0% shares, 0.0% debt)

Holdings (17)

JEF JEFFERIES FINANCIAL GROUP ORD 22.2%

Value ($000) $60,521 Shares 983,288 Est. Cost $23.03 Unrealized +136.0%

WPM WHEATON PRECIOUS METALS ORD 17.8%

Value ($000) $48,481 Shares 793,724 Est. Cost $35.64 Unrealized +65.6%

CCJ CAMECO ORD 11.7%

Value ($000) $31,866 Shares 667,067 Est. Cost $15.79 Unrealized +175.0%

EFXT ENERFLEX ORD 10.7%

Value ($000) $29,252 Shares 4,908,562 Est. Cost $5.19 Unrealized +6.8%

NTR NUTRIEN ORD 10.0%

Value ($000) $27,319 Shares 568,441 Est. Cost $53.22 Unrealized -13.3%

— DESPEGAR COM ORD 9.2%

Value ($000) $25,067 Shares 2,021,509 Est. Cost $8.64 Unrealized —

ARCO ARCOS DORADOS HOLDINGS CL A ORD 6.1%

Value ($000) $16,677 Shares 1,912,542 Est. Cost $6.12 Unrealized +42.5%

BN BROOKFIELD CL A ORD 3.5%

Value ($000) $9,582 Shares 180,277 Est. Cost $21.90 Unrealized +42.8%

GGAL GRUPO FINANCIERO ADR REP 10 CL B ORD 1.9%

Value ($000) $5,060 Shares 120,217 Est. Cost $14.41 Unrealized —

DOUG DOUGLAS ELLIMAN ORD 1.7%

Value ($000) $4,558 Shares 2,490,811 Est. Cost $1.66 Unrealized +3.4%

TECK TECK RESOURCES CL B ORD 1.3%

Value ($000) $3,614 Shares 69,190 Est. Cost $43.11 Unrealized +10.5%

CSW CSW INDUSTRIALS ORD 1.2%

Value ($000) $3,138 Shares 8,565 Est. Cost $49.12 Unrealized +532.0%

BAM BROOKFIELD ASSET MNGMT CL A ORD 0.8%

Value ($000) $2,232 Shares 47,197 Est. Cost $27.10 Unrealized +48.0%

CSWC CAPITAL SOUTHWEST ORD 0.8%

Value ($000) $2,076 Shares 82,097 Est. Cost $8.64 Unrealized +143.8%

CPA COPA HOLDINGS CL A ORD 0.6%

Value ($000) $1,567 Shares 16,700 Est. Cost $64.09 Unrealized +29.1%

BMA BANCO MACRO ADR REP TEN CL B ORD 0.5%

Value ($000) $1,327 Shares 20,895 Est. Cost $48.43 Unrealized —

BNT BROOKFIELD WEALTH SOLUTIONS CL A ORD 0.0%

Value ($000) $52 Shares 971 Est. Cost $31.31 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JEF	JEFFERIES FINANCIAL GROUP ORD	983,288	$60,521	22.2%	$23.03	+136.0%	Com	47233W109
WPM	WHEATON PRECIOUS METALS ORD	793,724	$48,481	17.8%	$35.64	+65.6%	Com	962879102
CCJ	CAMECO ORD	667,067	$31,866	11.7%	$15.79	+175.0%	Com	13321L108
EFXT	ENERFLEX ORD	4,908,562	$29,252	10.7%	$5.19	+6.8%	Com	29269R105
NTR	NUTRIEN ORD	568,441	$27,319	10.0%	$53.22	-13.3%	Com	67077M108
—	DESPEGAR COM ORD	2,021,509	$25,067	9.2%	$8.64	—	Com	G27358103
ARCO	ARCOS DORADOS HOLDINGS CL A ORD	1,912,542	$16,677	6.1%	$6.12	+42.5%	Com	G0457F107
BN	BROOKFIELD CL A ORD	180,277	$9,582	3.5%	$21.90	+42.8%	Com	11271J107
GGAL	GRUPO FINANCIERO ADR REP 10 CL B ORD	120,217	$5,060	1.9%	$14.41	—	Com	399909100
DOUG	DOUGLAS ELLIMAN ORD	2,490,811	$4,558	1.7%	$1.66	+3.4%	Com	25961D105
TECK	TECK RESOURCES CL B ORD	69,190	$3,614	1.3%	$43.11	+10.5%	Com	878742204
CSW	CSW INDUSTRIALS ORD	8,565	$3,138	1.2%	$49.12	+532.0%	Com	126402106
BAM	BROOKFIELD ASSET MNGMT CL A ORD	47,197	$2,232	0.8%	$27.10	+48.0%	Com	113004105
CSWC	CAPITAL SOUTHWEST ORD	82,097	$2,076	0.8%	$8.64	+143.8%	Com	140501107
CPA	COPA HOLDINGS CL A ORD	16,700	$1,567	0.6%	$64.09	+29.1%	Com	P31076105
BMA	BANCO MACRO ADR REP TEN CL B ORD	20,895	$1,327	0.5%	$48.43	—	Com	05961W105
BNT	BROOKFIELD WEALTH SOLUTIONS CL A ORD	971	$52	0.0%	$31.31	0.0%	Com	G17434104