Terminal · Institutions
Every 13F-reported equity position this quarter, with its quarter-over-quarter change — each row traces back to the SEC filing.
Every 13F-reported equity position this quarter, with its quarter-over-quarter change — each row traces back to the SEC filing.
Moerus Capital Management LLC (CIK 1742647) reported $270.8M across 15 reported positions in its SEC 13F filing for 2026-03-31. Largest positions: VAL ($45.5M, 16.80%), NTR ($45.2M, 16.70%), ARCO ($35.2M, 12.99%), JEF ($32.1M, 11.84%), WPM ($30.7M, 11.35%). Source: SEC Form 13F.
| Rank | Ticker | Company | Value | % Portfolio | Shares | Action |
|---|---|---|---|---|---|---|
| 1 | VAL | VALARIS ORD | $45.5M | 16.80% | 463,985 | Trimmed |
| 2 | NTR | NUTRIEN ORD | $45.2M | 16.70% | 599,236 | Added |
| 3 | ARCO | ARCOS DORADOS HOLDINGS CL A ORD | $35.2M | 12.99% | 4.3M | Added |
| 4 | JEF | JEFFERIES FINANCIAL GROUP ORD | $32.1M | 11.84% | 777,068 | Added |
| 5 | WPM | WHEATON PRECIOUS METALS ORD | $30.7M | 11.35% | 234,645 | Trimmed |
| 6 | BBD | BANCO BRADESCO ADR REPSTG 1 PRF | $30.7M | 11.33% | 8.4M | Added |
| 7 | GFR | GREENFIRE RESOURCES ORD | $14.8M | 5.48% | 2.3M | Added |
| 8 | BN | BROOKFIELD CL A ORD | $9.2M | 3.41% | 227,939 | Hold |
| 9 | TDW | TIDEWATER ORD | $9.0M | 3.33% | 107,992 | Added |
| 10 | GGAL | GRUPO FINANCIERO ADR REP 10 CL B ORD | $8.2M | 3.02% | 175,098 | New |
| 11 | DOUG | DOUGLAS ELLIMAN ORD | $5.1M | 1.87% | 3.1M | Added |
| 12 | BAM | BROOKFIELD ASSET MNGMT CL A ORD | $1.8M | 0.68% | 41,318 | Hold |
| 13 | CSW | CSW INDUSTRIALS ORD | $1.8M | 0.66% | 6,847 | Hold |
| 14 | CSWC | CAPITAL SOUTHWEST ORD | $1.4M | 0.50% | 61,698 | Hold |
| 15 | BNT | BROOKFIELD WEALTH SOLUTIONS CL A ORD | $49,142 | 0.02% | 1,187 | Hold |
| 16 | CVE | CENOVUS ENERGY ORD | $0 | 0.00% | 0 | Exited |
| 17 | NFGC | NEW FOUND GOLD ORD | $0 | 0.00% | 0 | Exited |
Source: SEC Form 13F filings · as of 2026-03-31