Moerus Capital Management LLC
13F Reported Value
ⓘ$270.8M
Holdings
15
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
Moerus Capital Management LLC disclosed 15 positions worth $270.8M in its Form 13F-HR for Q1 2026, led by $VAL (Valaris Ltd) at 16.8% of the equity portfolio, followed by $NTR and $ARCO. During the quarter the fund opened 1 new position and exited 2 — including a new stake in $GGAL and a full exit from $NFGC. The portfolio is most concentrated in Energy (33.6% of disclosed assets). All figures are sourced directly from Moerus Capital Management LLC’s Form 13F-HR filing with the SEC under CIK 1742647.
AI Fund Analysis
StableSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- —
Quality
$45.5M463,985 sh - —
Quality
$45.2M599,236 sh - —
Quality
$35.2M4,263,589 sh - 65.6
Quality
$32.1M777,068 sh - —
Quality
$30.7M234,645 sh - —
Quality
$30.7M8,407,720 sh - —
Quality
$14.8M2,335,804 sh - —
Quality
$9.2M227,939 sh - 64.6
Quality
$9.0M107,992 sh - —
Quality
$8.2M175,098 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Valaris Ltd$VAL | — | $45.5M | 463,985 |
 Nutrien Ltd.$NTR | — | $45.2M | 599,236 |
 Arcos Dorados Holdings Inc.$ARCO | — | $35.2M | 4,263,589 |
 Jefferies Financial Group Inc.$JEF | 65.6 | $32.1M | 777,068 |
 Wheaton Precious Metals Corp.$WPM | — | $30.7M | 234,645 |
 South Bow Corp$SOBO | — | $30.7M | 8,407,720 |
 Greenfire Resources Ltd.$GFR | — | $14.8M | 2,335,804 |
 BROOKFIELD Corp /ON/$BN | — | $9.2M | 227,939 |
 TIDEWATER INC$TDW | 64.6 | $9.0M | 107,992 |
 GRUPO FINANCIERO GALICIA SA$GGAL | — | $8.2M | 175,098 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Moerus Capital Management LLC's 15 positions.
Showing top 10 of 15 holdings.
Sector Allocation
Energy
$91.0M
Materials
$77.7M
Financials
$42.1M
Consumer Discretionary
$35.2M
Real Estate
$14.3M
Industrials
$9.0M
Other
$1.4M
Full Holdings — Moerus Capital Management LLC (Q1 2026)
All 15 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $VAL | Valaris Ltd | $45.5M | 16.8% | -24% | — |
| 2 | $NTR | Nutrien Ltd. | $45.2M | 16.7% | +15% | — |
| 3 | $ARCO | Arcos Dorados Holdings Inc. | $35.2M | 13.0% | +20% | — |
| 4 | $JEF | Jefferies Financial Group Inc. | $32.1M | 11.8% | +27% | 65.6 |
| 5 | $WPM | Wheaton Precious Metals Corp. | $30.7M | 11.3% | -24% | — |
| 6 | $SOBO | South Bow Corp | $30.7M | 11.3% | +1% | — |
| 7 | $GFR | Greenfire Resources Ltd. | $14.8M | 5.5% | +38% | — |
| 8 | $BN | BROOKFIELD Corp /ON/ | $9.2M | 3.4% | +0% | — |
| 9 | $TDW | TIDEWATER INC | $9.0M | 3.3% | +6% | 64.6 |
| 10 | $GGAL | GRUPO FINANCIERO GALICIA SA | $8.2M | 3.0% | NEW | — |
| 11 |  $DOUG | Douglas Elliman Inc. | $5.1M | 1.9% | +6% | 35 |
| 12 |  $BAM | Brookfield Asset Management Ltd. | $1.8M | 0.7% | +0% | — |
| 13 |  $CSW | CSW INDUSTRIALS, INC. | $1.8M | 0.7% | +0% | 64.1 |
| 14 |  $CSWC | CAPITAL SOUTHWEST CORP | $1.4M | 0.5% | +0% | — |
| 15 |  $BNT | Brookfield Wealth Solutions Ltd. | $49,142 | 0.0% | +0% | — |
New Positions (1)
$GGAL GRUPO FINANCIERO GALICIA SA$8.2M
Browse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
Available Analysis
13F Pro tracks comprehensive institutional data for Moerus Capital Management LLC including:
Track Moerus Capital Management LLC's Full Portfolio
See every holding, quarter-over-quarter changes, sector allocation, and accumulation patterns for Moerus Capital Management LLC and 8,700+ other institutional investors.
Free tier includes full 13F search and fund profiles. Pro starts at $6.67/mo (billed annually).
AI-Powered Hedge Fund Analysis: Moerus Capital Management LLC
13F Pro is an AI hedge fund tracker and stock research platform. For Moerus Capital Management LLC (SEC CIK: 1742647), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Moerus Capital Management LLC's portfolio is scored on a 32-signal AI quality ranking (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.