Moerus Capital Management LLC
CIK: 0001742647Latest portfolio: $231.9M · Q4 2025
Holdings
16
Total Value
$231.9M
New Positions
3
Closed Positions
0
Top Holdings
| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | JEFJEFFERIES FINANCIAL GROUP ORD | 609,721 | $37.8M | 16.29% | -70,122 | |
| 2 | WPMWHEATON PRECIOUS METALS ORD | 307,902 | $36.2M | 15.60% | -90,445 | |
| 3 | NTRNUTRIEN ORD | 519,789 | $32.1M | 13.83% | -75,832 | |
| 4 | VALVALARIS ORD | 607,897 | $30.6M | 13.21% | -100,117 | |
| 5 | BBDBANCO BRADESCO ADR REPSTG 1 PRF | 8,303,820 | $27.7M | 11.92% | -1,904,170 | |
| 6 | ARCOARCOS DORADOS HOLDINGS CL A ORD | 3,556,906 | $26.1M | 11.26% | +227K | |
| 7 | BNBROOKFIELD CL A ORD | 227,939 | $10.5M | 4.51% | +71K | |
| 8 | GFRGREENFIRE RESOURCES ORD | 1,693,492 | $8.1M | 3.49% | NEW | |
| 9 | DOUGDOUGLAS ELLIMAN ORD | 2,925,990 | $6.9M | 2.99% | — | |
| 10 | TDWTIDEWATER ORD | 102,229 | $5.2M | 2.23% | — | |
| 11 | NFGNEW FOUND GOLD ORD | 1,692,643 | $5.0M | 2.16% | NEW | |
| 12 | BAMBROOKFIELD ASSET MNGMT CL A ORD | 41,318 | $2.2M | 0.93% | -48 | |
| 13 | CSWCSW INDUSTRIALS ORD | 6,847 | $2.0M | 0.87% | -933 | |
| 14 | CSWCCAPITAL SOUTHWEST ORD | 61,698 | $1.4M | 0.59% | -12,285 | |
| 15 | CVECENOVUS ENERGY ORD | 12,377 | $209K | 0.09% | NEW | |
| 16 | BNTBROOKFIELD WEALTH SOLUTIONS CL A ORD | 1,187 | $54K | 0.02% | +216 |
Quarterly Changes
Sector Breakdown
Financial Services0.0% ($3778427651104602.5T)
Energy0.0% ($30638808251.6T)
Basic Materials0.0% ($3.6T)
Consumer Cyclical0.0% ($26.1M)
Real Estate0.0% ($6.9M)
Industrials0.0% ($2.0M)
Filing History
Fund Information
Moerus Capital Management LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $231.9M across 16 holdings. The largest position is JEFFERIES FINANCIAL GROUP ORD (JEF), representing 16.3% of the portfolio. Compared to the previous quarter, the fund opened 3 new positions and closed 0 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.