§ 13F · FUND PROFILE
Moerus Capital Management LLC.
Institutional filer · behavioral pattern: Other. Summary pending.
AUM · $246M (13F)Positions · 13Turnover · — · Q1Filed · May 14, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
+$8M deployed
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 14, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | VAL | VALARIS ORD | 464K | $45M | 16.8% | −24% |
| 2 | NTR | NUTRIEN ORD | 599K | $45M | 16.7% | +15% |
| 3 | ARCO | ARCOS DORADOS HOLDINGS CL A ORD | 4.26M | $35M | 13.0% | +20% |
| 4 | JEF | JEFFERIES FINANCIAL GROUP ORD | 777K | $32M | 11.8% | +27% |
| 5 | WPM | WHEATON PRECIOUS METALS ORD | 235K | $31M | 11.4% | −24% |
| 6 | BBD | BANCO BRADESCO ADR REPSTG 1 PRF | 8.41M | $31M | 11.3% | +1% |
| 7 | GFR | GREENFIRE RESOURCES ORD | 2.34M | $15M | 5.5% | +38% |
| 8 | BN | BROOKFIELD CL A ORD | 228K | $9M | 3.4% | ±0% |
| 9 | TDW | TIDEWATER ORD | 108K | $9M | 3.3% | +6% |
| 10 | GGAL | GRUPO FINANCIERO ADR REP 10 CL B ORD | 175K | $8M | 3.0% | NEW |
§ 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 $246 million in assets. The fund runs a focused portfolio of just 13 positions.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Steady book
+0 buys · −0 exits · 0 changed
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