13F HOLDINGS REPORT
Moerus Capital Management LLC
Quarter ended Q1 2025 · Filed May 13, 2025 · Accession 0001398344-25-009252
Total Value
$223.6M
Positions
15
Other Managers
0
Confidential Omitted
No
Holdings (15)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | WHEATON PRECIOUS METALS ORD | WPM | 709,192 | $55.1M | 24.63% |
| 2 | NUTRIEN ORD | NTR | 658,953 | $32.7M | 14.64% |
| 3 | JEFFERIES FINANCIAL GROUP ORD | 47233W109 | 574,253 | $30.8M | 13.76% |
| 4 | ARCOS DORADOS HOLDINGS CL A ORD | ARCO | 3,552,013 | $28.6M | 12.81% |
| 5 | BANCO BRADESCO ADR REPSTG 1 PRF | 059460303 | 12,274,580 | $27.4M | 12.24% |
| 6 | VALARIS ORD | VAL-WT | 466,479 | $18.3M | 8.19% |
| 7 | BROOKFIELD CL A ORD | 11271J107 | 157,151 | $8.2M | 3.68% |
| 8 | DOUGLAS ELLIMAN ORD | DOUG | 2,949,388 | $5.1M | 2.27% |
| 9 | TIDEWATER ORD | TDGMW | 102,229 | $4.3M | 1.93% |
| 10 | TECK RESOURCES CL B ORD | TCKRF | 115,062 | $4.2M | 1.88% |
| 11 | COPA HOLDINGS CL A ORD | CPA | 31,321 | $2.9M | 1.30% |
| 12 | CSW INDUSTRIALS ORD | CSW | 7,780 | $2.3M | 1.01% |
| 13 | BROOKFIELD ASSET MNGMT CL A ORD | 113004105 | 41,366 | $2.0M | 0.90% |
| 14 | CAPITAL SOUTHWEST ORD | CSWC | 73,983 | $1.7M | 0.74% |
| 15 | BROOKFIELD WEALTH SOLUTIONS CL A ORD | BNT | 971 | $50,752 | 0.02% |