Moerus Capital Management LLC Q1 2025 Filing

Filed May 13, 2025

Portfolio Value

$223.6B

Holdings

15

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (15 positions)

#StockSharesValue% PortfolioType
1
WPMWHEATON PRECIOUS METALS ORD
709,192$55.1B24.63%
2
NTRNUTRIEN ORD
658,953$32.7B14.64%
3
JEFJEFFERIES FINANCIAL GROUP ORD
574,253$30.8B13.76%
4
ARCOARCOS DORADOS HOLDINGS CL A ORD
3,552,013$28.6B12.81%
5
BBDBANCO BRADESCO ADR REPSTG 1 PRF
12,274,580$27.4B12.24%
6
VALVALARIS ORD
466,479$18.3B8.19%
7
BNBROOKFIELD CL A ORD
157,151$8.2B3.68%
8
DOUGDOUGLAS ELLIMAN ORD
2,949,388$5.1B2.27%
9
TDWTIDEWATER ORD
102,229$4.3B1.93%
10
TECK/BTECK RESOURCES CL B ORD
115,062$4.2B1.88%
11
CPACOPA HOLDINGS CL A ORD
31,321$2.9B1.30%
12
CSWCSW INDUSTRIALS ORD
7,780$2.3B1.01%
13
BAMBROOKFIELD ASSET MNGMT CL A ORD
41,366$2.0B0.90%
14
CSWCCAPITAL SOUTHWEST ORD
73,983$1.7B0.74%
15
BNTBROOKFIELD WEALTH SOLUTIONS CL A ORD
971$50.8M0.02%