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Portfolio (Quarterly) Guide ↗

Moerus Capital Management LLC

· CIK 0001742647
13F Portfolio $224M AUM 14 positions Filed Aug 13, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 1 New 3 Added 4 Reduced 2 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 BBD BANCO BRADESCO ADR REPSTG 1 PRF Financial Services 8,329,722.0 $28.9M 12.88% -78K -0.9% $3.47 -1.0%
2 WPM WHEATON PRECIOUS METALS ORD Basic Materials 202,628.0 $22.8M 10.14% -32K -13.6% $112.32 +33.2%
3 GREENFIRE RESOURCES ORD 2,232,277.0 $12.6M 5.62% -104K -4.4% $5.65
4 TDW TIDEWATER ORD Energy 82,251.0 $5.5M 2.44% -26K -23.8% $66.63 +49.5%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 58.9%
Consumer Cyclical 20.7%
Basic Materials 13.7%
Real Estate 3.4%
Energy 3.3%