Moerus Capital Management LLC 13F holdings
Moerus Capital Management LLC reported 14 positions with a total reported value of $224.4M as of 2026-06-30, in its 13F for Q2 2026, filed 2026-08-13. Top holdings by reported value: JEF JEFFERIES FINANCIAL GROUP ORD (20.3%), CNH INDUSTRIAL ORD (18.5%), ARCO ARCOS DORADOS HOLDINGS CL A ORD (15.4%), BANCO BRADESCO ADR REPSTG 1 PRF (12.9%), WPM WHEATON PRECIOUS METALS ORD (10.1%). Against 2026-03-31 it opened 1 new position and exited 2. Next 13F due by 2026-11-14, the legal deadline 45 days after the quarter ending 2026-09-30.
Email me when Moerus Capital Management LLC files its 13F
A free account follows up to 10 funds. New 13F filings arrive in your daily or weekly digest. No password and no card.
Top holdings
14 largest of 14 positions · reported value as of 2026-06-30
| Holding | Shares | Reported value | % of portfolio |
|---|---|---|---|
| JEF JEFFERIES FINANCIAL GROUP ORD | 910,370 | $45.5M | 20.3% |
| CNH INDUSTRIAL ORD | 3,705,690 | $41.6M | 18.5% |
| ARCO ARCOS DORADOS HOLDINGS CL A ORD | 4,275,279 | $34.5M | 15.4% |
| BANCO BRADESCO ADR REPSTG 1 PRF | 8,329,722 | $28.9M | 12.9% |
| WPM WHEATON PRECIOUS METALS ORD | 202,628 | $22.8M | 10.1% |
| GFR GREENFIRE RESOURCES ORD | 2,232,277 | $12.6M | 5.6% |
| GGAL GRUPO FINANCIERO ADR REP 10 CL B ORD | 246,487 | $12.3M | 5.5% |
| BN BROOKFIELD CL A ORD | 227,939 | $9.7M | 4.3% |
| DOUG DOUGLAS ELLIMAN ORD | 3,241,090 | $5.7M | 2.6% |
| TDW TIDEWATER ORD | 82,251 | $5.5M | 2.4% |
| CSW CSW INDUSTRIALS ORD | 6,847 | $1.9M | 0.8% |
| BAM BROOKFIELD ASSET MNGMT CL A ORD | 41,318 | $1.9M | 0.8% |
| CSWC CAPITAL SOUTHWEST ORD | 61,698 | $1.5M | 0.7% |
| BNT BROOKFIELD WEALTH SOLUTIONS CL A ORD | 1,187 | $50.6K | <0.1% |
SEC FORM 13F · Q2 2026 · VALUES AS REPORTED, NOT PRICES
New positions this quarter
Held at 2026-06-30, not at 2026-03-31 · 1 in all · reported value as of 2026-06-30
| Holding | Shares | Reported value | % of portfolio |
|---|---|---|---|
| CNH INDUSTRIAL ORD | 3,705,690 | $41.6M | 18.5% |
Sold out
Held at 2026-03-31, gone by 2026-06-30 · 2 in all · reported value as of 2026-03-31
Biggest increases and decreases
Positions held at both quarter ends, by change in shares · reported value as of 2026-06-30
Increases
| Holding | Shares 2026-03-31 | Shares 2026-06-30 | Change | Reported value |
|---|---|---|---|---|
| JEF JEFFERIES FINANCIAL GROUP ORD | 777,068 | 910,370 | +17.2% | $45.5M |
| GGAL GRUPO FINANCIERO ADR REP 10 CL B ORD | 175,098 | 246,487 | +40.8% | $12.3M |
| DOUG DOUGLAS ELLIMAN ORD | 3,092,490 | 3,241,090 | +4.8% | $5.7M |
| ARCO ARCOS DORADOS HOLDINGS CL A ORD | 4,263,589 | 4,275,279 | +0.3% | $34.5M |
Decreases
| Holding | Shares 2026-03-31 | Shares 2026-06-30 | Change | Reported value |
|---|---|---|---|---|
| WPM WHEATON PRECIOUS METALS ORD | 234,645 | 202,628 | -13.6% | $22.8M |
| TDW TIDEWATER ORD | 107,992 | 82,251 | -23.8% | $5.5M |
| GFR GREENFIRE RESOURCES ORD | 2,335,804 | 2,232,277 | -4.4% | $12.6M |
| BANCO BRADESCO ADR REPSTG 1 PRF | 8,407,720 | 8,329,722 | -0.9% | $28.9M |
CIK 1742647 · 13F FILINGS ON EDGAR · INFORMATIONAL ONLY
