Moerus Capital Management LLC Q3 2025 Filing
Filed November 13, 2025
Portfolio Value
$246.0B
Holdings
13
Report Date
Q3 2025
Filing Type
13F-HR
All Holdings (13 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | WPMWHEATON PRECIOUS METALS ORD | 398,347 | $44.6B | 18.11% | |
| 2 | JEFJEFFERIES FINANCIAL GROUP ORD | 679,843 | $44.5B | 18.08% | |
| 3 | NTRNUTRIEN ORD | 595,621 | $35.0B | 14.21% | |
| 4 | VALVALARIS ORD | 708,014 | $34.5B | 14.03% | |
| 5 | BBDBANCO BRADESCO ADR REPSTG 1 PRF | 10,207,990 | $34.5B | 14.02% | |
| 6 | ARCOARCOS DORADOS HOLDINGS CL A ORD | 3,329,994 | $22.5B | 9.14% | |
| 7 | BNBROOKFIELD CL A ORD | 157,151 | $10.8B | 4.38% | |
| 8 | DOUGDOUGLAS ELLIMAN ORD | 2,925,990 | $8.4B | 3.40% | |
| 9 | TDWTIDEWATER ORD | 102,229 | $5.5B | 2.22% | |
| 10 | BAMBROOKFIELD ASSET MNGMT CL A ORD | 41,366 | $2.4B | 0.96% | |
| 11 | CSWCSW INDUSTRIALS ORD | 7,780 | $1.9B | 0.77% | |
| 12 | CSWCCAPITAL SOUTHWEST ORD | 73,983 | $1.6B | 0.66% | |
| 13 | BNTBROOKFIELD WEALTH SOLUTIONS CL A ORD | 971 | $66.6M | 0.03% |