13F HOLDINGS REPORT
Moerus Capital Management LLC
Quarter ended Q4 2024 · Filed February 13, 2025 · Accession 0001398344-25-002605
Total Value
$274.0M
Positions
16
Other Managers
0
Confidential Omitted
No
Holdings (16)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | JEFFERIES FINANCIAL GROUP ORD | 47233W109 | 640,204 | $50.2M | 18.32% |
| 2 | ENERFLEX ORD | EFXT | 4,796,705 | $47.7M | 17.42% |
| 3 | WHEATON PRECIOUS METALS ORD | WPM | 714,115 | $40.2M | 14.66% |
| 4 | DESPEGAR COM ORD | G27358103 | 1,679,528 | $32.3M | 11.80% |
| 5 | CAMECO ORD | CCJ | 620,008 | $31.9M | 11.63% |
| 6 | NUTRIEN ORD | NTR | 640,502 | $28.7M | 10.46% |
| 7 | ARCOS DORADOS HOLDINGS CL A ORD | ARCO | 2,122,675 | $15.5M | 5.64% |
| 8 | BROOKFIELD CL A ORD | 11271J107 | 157,151 | $9.0M | 3.30% |
| 9 | GRUPO FINANCIERO ADR REP 10 CL B ORD | GGAL | 61,878 | $3.9M | 1.41% |
| 10 | DOUGLAS ELLIMAN ORD | DOUG | 2,163,109 | $3.6M | 1.32% |
| 11 | TECK RESOURCES CL B ORD | TCKRF | 73,712 | $3.0M | 1.09% |
| 12 | CSW INDUSTRIALS ORD | CSW | 7,780 | $2.7M | 1.00% |
| 13 | BROOKFIELD ASSET MNGMT CL A ORD | 113004105 | 41,366 | $2.2M | 0.82% |
| 14 | CAPITAL SOUTHWEST ORD | CSWC | 73,983 | $1.6M | 0.59% |
| 15 | COPA HOLDINGS CL A ORD | CPA | 16,700 | $1.5M | 0.54% |
| 16 | BROOKFIELD WEALTH SOLUTIONS CL A ORD | BNT | 971 | $55,819 | 0.02% |