M

Moerus Capital Management LLC

Hedge Fund • Value

Moerus Capital Management LLC is a Value-focused Hedge Fund based in New York, NY led by Amit Bhagwandas Wadhwaney, reporting $778.6M in AUM as of Q3 2025 with 32% Basic Materials concentration, 99% concentrated in top 10 holdings, and 18% allocation to WPM.

Managing PartnerAmit Bhagwandas Wadhwaney
Portfolio Value
$246.0M
Positions
13
Top Holding
WPM at 18.11%
Last Reported
Q3 2025
Address307 West 38th Street, Suite 2003, New York, NY, 10018, United States

Top Holdings

Largest long holdings in Moerus Capital Management LLC's portfolio (98.5% of total portfolio)

See all holdings
HoldingSectorPositionWeightTradedOwnership
1
Wheaton Precious Metals logo
Wheaton Precious Metals
WPM
Gold
Basic Materials
$44.6M
18.11%
-$10.0M
Sold
0.09%
398.3K shares
2
Jefferies Financial Group logo
Jefferies Financial Group
JEF
Financial - Capital Markets
Financial Services
$44.5M
18.08%
+$915.2K
Bought
0.33%
679.8K shares
3
Nutrien Ltd. logo
Nutrien Ltd.
NTR
Agricultural Inputs
Basic Materials
$35.0M
14.21%
+$1.7M
Bought
0.12%
595.6K shares
4
Valaris logo
Valaris
VAL
Oil & Gas Equipment & Services
Energy
$34.5M
14.03%
+$15.3K
Bought
0.99%
708.0K shares
5
BBD
Banco Bradesco
BBD
Unknown
Unknown
$34.5M
14.02%
-$186.5K
Sold
—
10.2M shares
6
Arcos Dorados Holdings logo
Arcos Dorados Holdings
ARCO
Restaurants
Consumer Cyclical
$22.5M
9.14%
+$16.5K
Bought
1.58%
3.3M shares
7
Brookfield logo
Brookfield
BN
Asset Management
Financial Services
$10.8M
4.38%
—
0.01%
157.2K shares
8
Douglas Elliman logo
Douglas Elliman
DOUG
Real Estate - Services
Real Estate
$8.4M
3.40%
-$640.7K
Sold
3.30%
2.9M shares
9
Tidewater logo
Tidewater
TDW
Oil & Gas Equipment & Services
Energy
$5.5M
2.22%
—
0.21%
102.2K shares
10
Brookfield Asset Management logo
Brookfield Asset Management
BAM
Asset Management
Financial Services
$2.4M
0.96%
—
0.00%
41.4K shares
See all holdings

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Moerus Capital Management LLC's latest filing

See all changes
Market Value
$246.0M
Prior: $234.3M
Q/Q Change
+4.99%
+$11.7M
Net Flows % of MV
-5.53%
Turnover Ratio
3.86%
New Purchases
0 stocks
-
Added To
4 stocks
+$2.7M
Sold Out Of
1 stocks
$5.4M
Reduced Holdings
3 stocks
-$10.9M

Increased Positions

PositionShares Δ
1
Nutrien Ltd. logo
Nutrien Ltd.
NTR
+5.24%
2
Jefferies Financial Group logo
Jefferies Financial Group
JEF
+2.1%
3
Arcos Dorados Holdings logo
Arcos Dorados Holdings
ARCO
+0.07%
4
Valaris logo
Valaris
VAL
+0.04%

Decreased Positions

PositionShares Δ
1
Teck Resources logo
Teck Resources
TECK
Sold
2
Wheaton Precious Metals logo
Wheaton Precious Metals
WPM
-18.4%
3
Douglas Elliman logo
Douglas Elliman
DOUG
-7.11%
4
BBD
Banco Bradesco
BBD
-0.54%
See all changes

Analytics

Portfolio insights and performance metrics for Moerus Capital Management LLC

View analytics

Sector Allocation

Basic Materials: 32.30%Basic MaterialsFinancial Services: 24.10%Financial ServicesEnergy: 16.30%EnergyConsumer Cyclical: 9.10%Consumer CyclicalReal Estate: 3.40%
Basic Materials
32.30%
Financial Services
24.10%
Energy
16.30%
Consumer Cyclical
9.10%
Real Estate
3.40%

Market Cap Distribution

Large Cap ($10B - $200B): 55.76%Large Cap ($10B - $200B)Mid Cap ($2B - $10B): 17.02%Mid Cap ($2B - $10B)Small Cap ($300M - $2B): 9.79%Small Cap ($300M - $2B)Micro Cap ($50M - $300M): 3.40%N/A (ETF or Unknown): 14.02%N/A (ETF or Unknown)
Large Cap ($10B - $200B)
55.76%
Mid Cap ($2B - $10B)
17.02%
Small Cap ($300M - $2B)
9.79%
Micro Cap ($50M - $300M)
3.40%
N/A (ETF or Unknown)
14.02%

Portfolio Concentration

Top 10 Holdings %
98.55%
Top 20 Holdings %
100.0%
Top 50 Holdings %
100.0%
Top 100 Holdings %
100.0%
View analytics

Cookie Preferences

We use cookies for analytics. See our Privacy and Cookie Policy.