Moerus Capital Management LLC — Q2 2021 13F Holdings

Name: Moerus Capital Management LLC — 13F Holdings, Q2 2021
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001742647

Total reported value

$270.8M

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SPB	Spectrum Brands Holdings INC	Stock-Other	14.99%	—	-30.46%
2	NTR	Nutrien LTD	Stock-Materials	13.75%	+2.87%	-27.97%
3	ARCO	Arcos Dorados Holdings Inc.	Stock-Other	13.05%	+1.73%	-20.34%
4	JEF	Jefferies Financial Group In	Stock-Financials	12.60%	-4.45%	-42.74%
5	TDW	Tidewater INC	Stock-Energy	12.05%	+1.10%	-21.45%
6	CCJ	Cameco CORP	Stock-Energy	10.70%	—	-19.89%
7	WPM	Wheaton Precious Metals CORP	Stock-Materials	5.98%	-4.25%	+8.98%
8	✓	Despegar.com CORP	Stock-Other	5.95%	—	+480.15%
9	BAM	Brookfield Asset Management Ltd.	Stock-Financials	5.04%	—	—
10	VIV	Telefonica Brasil-adr	Stock-Other	2.64%	—	-75.04%
11	CSWC	Capital Southwest CORP	Stock-Other	1.44%	-0.09%	—
12	CSW	Csw Industrials INC	Stock-Industrials	1.33%	-0.21%	—
13	CPA	Copa Holdings, S.A.	Stock-Other	0.43%	—	—
14	BN	Brookfield Corporation	Stock-Financials	0.04%	—	—

Position changes disclosed by Moerus Capital Management LLC for the quarter ending Q2 2021, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	SPB	Spectrum Brands Holdings INC	—	EXIT	Sold out
2	JEF	Jefferies Financial Group In	—	EXIT	Sold out
3	NTR	Nutrien LTD	—	EXIT	Sold out
4	TDW	Tidewater INC	—	EXIT	Sold out
5	ARCO	Arcos Dorados Holdings Inc.	—	EXIT	Sold out
6	CCJ	Cameco CORP	—	EXIT	Sold out
7	VIV	Telefonica Brasil-adr	—	EXIT	Sold out
8	WPM	Wheaton Precious Metals CORP	—	EXIT	Sold out
9	BAM	Brookfield Asset Management Ltd.	—	EXIT	Sold out
10	CSW	Csw Industrials INC	—	EXIT	Sold out
11	CSWC	Capital Southwest CORP	—	EXIT	Sold out
12	✓	Despegar.com CORP	—	EXIT	Sold out
13	CPA	Copa Holdings, S.A.	—	EXIT	Sold out