Moerus Capital Management is an investment fund managing more than $277 billion ran by Julie Smith. There are currently 18 companies in Mrs. Smith’s portfolio. The largest investments include Jefferies Financial Group Ord and Wheaton Precious Metals Ord, together worth $98.8 billion.
As of 7th August 2024, Moerus Capital Management’s top holding is 1,070,224 shares of Jefferies Financial Group Ord currently worth over $53.3 billion and making up 19.2% of the portfolio value.
In addition, the fund holds 868,948 shares of Wheaton Precious Metals Ord worth $45.6 billion.
The third-largest holding is Cameco Ord worth $32.7 billion and the next is Nutrien Ord worth $31 billion, with 608,002 shares owned.
Currently, Moerus Capital Management's portfolio is worth at least $277 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Moerus Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Julie Smith serves as the Chief Compliance Officer at Moerus Capital Management.
In the most recent 13F filing, Moerus Capital Management revealed that it had opened a new position in
Grupo Financiero Adr Rep 10 Cl B Ord and bought 123,482 shares worth $3.77 billion.
The investment fund also strengthened its position in Nutrien Ord by buying
68,844 additional shares.
This makes their stake in Nutrien Ord total 608,002 shares worth $31 billion.
On the other hand, there are companies that Moerus Capital Management is getting rid of from its portfolio.
Moerus Capital Management closed its position in Spectrum Brands on 14th August 2024.
It sold the previously owned 659,188 shares for $51.4 billion.
Julie Smith also disclosed a decreased stake in Jefferies Financial Group Ord by 0.1%.
This leaves the value of the investment at $53.3 billion and 1,070,224 shares.
The two most similar investment funds to Moerus Capital Management are Fortis Capital Advisors and Lfl Advisers. They manage $277 billion and $277 billion respectively.
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Jefferies Financial Group Ord |
13.54%
1,070,224
|
$53,254,346,000 | 19.22% |
| Spectrum Brands Holdings Inc. |
Closed
659,188
|
$51,449,623,000 | |
| Wheaton Precious Metals Ord |
3.12%
868,948
|
$45,550,254,000 | 16.44% |
| Cameco Ord |
37.18%
663,719
|
$32,658,303,000 | 11.79% |
| Nutrien Ord |
12.77%
608,002
|
$30,953,382,000 | 11.17% |
| Enerflex Ord |
61.35%
5,514,672
|
$29,751,292,000 | 10.74% |
| Despegar Com Ord |
52.08%
2,188,365
|
$28,952,069,000 | 10.45% |
| Arcos Dorados Holdings Cl A Ord |
28.28%
2,075,985
|
$18,683,865,000 | 6.74% |
| Tidewater Ord |
87.57%
98,934
|
$9,419,506,000 | 3.40% |
| Brookfield Cl A Ord |
4.04%
180,277
|
$7,488,707,000 | 2.70% |
| Grupo Financiero Adr Rep 10 Cl B Ord |
Opened
123,482
|
$3,773,610,000 | 1.36% |
| Teck Resources Cl B Ord |
44.61%
69,190
|
$3,314,201,000 | 1.20% |
| Douglas Elliman Ord |
Opened
2,620,870
|
$3,040,209,000 | 1.10% |
| Csw Industrials Ord |
28.39%
11,188
|
$2,968,288,000 | 1.07% |
| Capital Southwest Ord |
22.75%
82,097
|
$2,141,911,000 | 0.77% |
| Brookfield Asset Mngmt Cl A Ord |
No change
47,197
|
$1,795,846,000 | 0.65% |
| Banco Macro Adr Rep Ten Cl B Ord |
Opened
29,570
|
$1,695,248,000 | 0.61% |
| Copa Holdings Cl A Ord |
20.13%
16,700
|
$1,589,506,000 | 0.57% |
| Brookfield Reinsrnc Ex Votn Cl A Ord |
No change
971
|
$40,384,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 19 holdings | |||