§ 13F · FUND PROFILE
Moerus Capital Management LLC.
Institutional filer · behavioral pattern: Other. Summary pending.
AUM · $234.3T (13F)Positions · 14Turnover · — · Q4Filed · Feb 12, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
+$13.3T deployed
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 12, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | JEF | JEFFERIES FINANCIAL GROUP ORD | 610K | $37.8T | 16.3% | −10% |
| 2 | WPM | WHEATON PRECIOUS METALS ORD | 308K | $36.2T | 15.6% | −23% |
| 3 | NTR | NUTRIEN ORD | 520K | $32.1T | 13.8% | −13% |
| 4 | VAL | VALARIS ORD | 608K | $30.6T | 13.2% | −14% |
| 5 | BBD | BANCO BRADESCO ADR REPSTG 1 PRF | 8.30M | $27.7T | 11.9% | −19% |
| 6 | ARCO | ARCOS DORADOS HOLDINGS CL A ORD | 3.56M | $26.1T | 11.3% | +7% |
| 7 | BN | BROOKFIELD CL A ORD | 228K | $10.5T | 4.5% | +45% |
| 8 | GFR | GREENFIRE RESOURCES ORD | 1.69M | $8.1T | 3.5% | NEW |
| 9 | DOUG | DOUGLAS ELLIMAN ORD | 2.93M | $6.9T | 3.0% | ±0% |
| 10 | TDW | TIDEWATER ORD | 102K | $5.2T | 2.2% | ±0% |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE MOERUS SIGNAL
AC read
Moerus Capital Management LLC is a Other fund managing $234347.9 trillion in assets. The fund runs a focused portfolio of just 14 positions.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed