Moerus Capital Management LLC

CIK

1742647

Location

NEW YORK, NY

Portfolio Value

Small $224,382,223

Diversification

Diversified

Filing Date

Global Rank

#4,291 / 8,645 ▼ 557

Top Industry

Capital Markets 20.3%

3Y Alpha vs SPY

+6.8%

Period ended 52 days ago

Filed Aug 13, 2026 · 8d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+103.3%

SPY

+73.6%

Annualised alpha

+6.5%

Max drawdown

−25.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

14 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

20.3%

+3.5 pts

Top 5

77.2%

+7.5 pts

Top 10

97.6%

+1.4 pts

HHI

1,355

Diversified+160

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	44.5%	$99,814,403	7
Industrials	19.4%	$43,520,418	2
Consumer Cyclical	15.4%	$34,458,748	1
Basic Materials	10.1%	$22,759,176	1
Energy	8.1%	$18,092,749	2
Real Estate	2.6%	$5,736,729	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
DOUG	Douglas Elliman Inc.	+148,600	3,241,090	$5,736,729
JEF	Jefferies Financial Group Inc.	+133,302	910,370	$45,500,292
GGAL	Grupo Financiero Galicia SA	+71,389	246,487	$12,331,744
ARCO	Arcos Dorados Holdings Inc.	+11,690	4,275,279	$34,458,748
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
GFR	Greenfire Resources Ltd.	−103,527	2,232,277	$12,612,365
BBD	Bank Bradesco	−77,998	8,329,722	$28,904,135
WPM	Wheaton Precious Metals Corp.	−32,017	202,628	$22,759,176
TDW	Tidewater Inc	−25,741	82,251	$5,480,384
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
CNH	CNH Industrial N.V.	3,705,690	$41,614,898
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
VAL	Valaris Ltd	463,985	$45,489,089
NTR	Nutrien Ltd.	599,236	$45,218,348
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

14 tracked positions · $224,382,223 total · filing declares 14 positions · $224,381,064 · as of Jun 30, 2026

All sectors Basic Materials Consumer Cyclical Energy Financial Services Industrials Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
JEF	Jefferies Financial Group Inc. Financial Services	Added	910,370	+133,302	$45,500,292	+41.9%	20.28%
CNH	CNH Industrial N.V. Industrials	NEW	3,705,690	NEW	$41,614,898	NEW	18.55%
ARCO	Arcos Dorados Holdings Inc. Consumer Cyclical	Added	4,275,279	+11,690	$34,458,748	−2.0%	15.36%
BBD	Bank Bradesco Financial Services	Reduced	8,329,722	-77,998	$28,904,135	−5.8%	12.88%
WPM	Wheaton Precious Metals Corp. Basic Materials	Reduced	202,628	-32,017	$22,759,176	−26.0%	10.14%
GFR	Greenfire Resources Ltd. Energy	Reduced	2,232,277	-103,527	$12,612,365	−14.6%	5.62%
GGAL	Grupo Financiero Galicia SA Financial Services	Added	246,487	+71,389	$12,331,744	+50.8%	5.50%
BN	BROOKFIELD Corp /ON/ Financial Services	Held	227,939	0	$9,707,922	+5.2%	4.33%
DOUG	Douglas Elliman Inc. Real Estate	Added	3,241,090	+148,600	$5,736,729	+13.1%	2.56%
TDW	Tidewater Inc Energy	Reduced	82,251	-25,741	$5,480,384	−39.3%	2.44%
CSW	Csw Industrials, Inc. Industrials	Held	6,847	0	$1,905,520	+6.8%	0.85%
BAM	Brookfield Asset Management Ltd. Financial Services	Held	41,318	0	$1,853,112	+0.9%	0.83%
CSWC	Capital Southwest Corp Financial Services	Held	61,698	0	$1,466,561	+7.5%	0.65%
BNT	Brookfield Wealth Solutions Ltd. Financial Services	Held	1,187	0	$50,637	+3.0%	0.02%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.