Fund Holdings

Moerus Capital Management LLC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
VALARIS ORD(VAL)607,897463,985-143,91230,638,00945,489,08916.80%+14,851,080
NUTRIEN ORD(NTR)519,789599,236+79,44732,081,37745,218,34916.70%+13,136,972
ARCOS DORADOS HOLDINGS CL A ORD(ARCO)3,556,9064,263,589+706,68326,107,69035,174,60912.99%+9,066,919
GRUPO FINANCIERO ADR REP 10 CL B ORD(GGAL)0175,098+175,09808,178,8283.02%+8,178,828
GREENFIRE RESOURCES ORD1,693,4922,335,804+642,3128,082,16914,838,4955.48%+6,756,326
TIDEWATER ORD(TDW)102,229107,992+5,7635,163,5879,022,7323.33%+3,859,145
BANCO BRADESCO ADR REPSTG 1 PRF8,303,8208,407,720+103,90027,651,72130,688,17811.33%+3,036,457
CAPITAL SOUTHWEST ORD(CSWC)61,69861,69801,366,6111,364,7600.50%-1,851
BROOKFIELD WEALTH SOLUTIONS CL A ORD
CL A EXCHANGEAB
1,1871,187054,54349,1420.02%-5,401
CENOVUS ENERGY ORD(CVE)12,3770-12,377209,4020-209,402
CSW INDUSTRIALS ORD(CSW)6,8476,84702,009,8001,784,1910.66%-225,609
BROOKFIELD ASSET MNGMT CL A ORD(BAM)41,31841,31802,164,6501,836,5850.68%-328,065
BROOKFIELD CL A ORD(BN)227,939227,939010,460,1219,224,6913.41%-1,235,430
DOUGLAS ELLIMAN ORD2,925,9903,092,490+166,5006,934,5965,071,6841.87%-1,862,912
NEW FOUND GOLD ORD1,692,6430-1,692,6435,007,1990-5,007,199
WHEATON PRECIOUS METALS ORD(WPM)307,902234,645-73,25736,184,64330,740,84111.35%-5,443,802
JEFFERIES FINANCIAL GROUP ORD(JEF)609,721777,068+167,34737,784,41032,069,59611.84%-5,714,814
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