Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q4 2013 (Next →)

Filing Date: Feb 11, 2014

Total Value ($000): $62,152 (99.2% shares, 0.8% debt)

Holdings (25)

CCJ CAMECO CORP 11.0%

Value ($000) $6,859 Shares 330,273 Est. Cost $16.93 Unrealized 0.0%

— BARRICK GOLD CORP 9.2%

Value ($000) $5,693 Shares 322,822 Est. Cost $17.64 Unrealized —

— CENTRAIS ELETRICAS BRASILEIRAS SA 9.0%

Value ($000) $5,573 Shares 1,266,602 Est. Cost $4.40 Unrealized —

— ARCH COAL INC 7.0%

Value ($000) $4,348 Shares 976,923 Est. Cost $4.45 Unrealized —

KGC KINROSS GOLD CORP 6.8%

Value ($000) $4,212 Shares 961,434 Est. Cost $4.77 Unrealized 0.0%

NG NOVAGOLD RESOURCES INC 6.6%

Value ($000) $4,116 Shares 1,620,060 Est. Cost $2.27 Unrealized 0.0%

— TSAKOS ENERGY NAVIGATION LTD 5.8%

Value ($000) $3,611 Shares 600,712 Est. Cost $6.01 Unrealized —

KT KT CORP-SP ADR 5.3%

Value ($000) $3,316 Shares 222,869 Est. Cost $14.88 Unrealized —

KEP KOREA ELECTRIC POWER CORP ADR 4.8%

Value ($000) $2,993 Shares 180,103 Est. Cost $16.62 Unrealized —

— ANGLOGOLD ASHANTI LTD ADR 4.7%

Value ($000) $2,935 Shares 250,450 Est. Cost $11.72 Unrealized —

NAK NORTHERN DYN MNL 4.4%

Value ($000) $2,751 Shares 2,148,993 Est. Cost $1.33 Unrealized 0.0%

— LAYNE CHRISTENSON 4.1%

Value ($000) $2,579 Shares 151,045 Est. Cost $17.07 Unrealized —

SKYW SKYWEST INC 4.1%

Value ($000) $2,518 Shares 169,784 Est. Cost $15.22 Unrealized 0.0%

— SILVER STANDARD 4.0%

Value ($000) $2,475 Shares 355,624 Est. Cost $6.96 Unrealized —

— TURQUOISE HILL RESOURCES LTD 3.5%

Value ($000) $2,203 Shares 667,563 Est. Cost $3.30 Unrealized —

— PEABODY ENERGY CORP 3.0%

Value ($000) $1,863 Shares 95,351 Est. Cost $19.54 Unrealized —

SQM SOCIEDAD QUIMICA Y MINERA DE CHILE SA ADR 1.7%

Value ($000) $1,045 Shares 40,357 Est. Cost $25.89 Unrealized —

CRESY CRESUD SA-ADR 1.5%

Value ($000) $947 Shares 93,883 Est. Cost $10.09 Unrealized —

— USEC INC 3 10/1/2014 0.8%

Value ($000) $507 Shares 1,524,700 Est. Cost $0.33 Unrealized —

— TURQUOISE HILL RESOURES-RT 0.8%

Value ($000) $485 Shares 504,717 Est. Cost $0.96 Unrealized —

— BANRO CORP 0.7%

Value ($000) $463 Shares 860,414 Est. Cost $0.54 Unrealized —

— PETROBRAS ARGENTINA SA 0.5%

Value ($000) $314 Shares 56,362 Est. Cost $5.57 Unrealized —

LND BRASILAGRO CO BR DE AGRICOLAS 0.3%

Value ($000) $216 Shares 54,453 Est. Cost $3.97 Unrealized —

— CRYSTALLEX INTL 0.1%

Value ($000) $69 Shares 81,200 Est. Cost $0.85 Unrealized —

— GOLD RESERVE INC 0.1%

Value ($000) $61 Shares 17,920 Est. Cost $3.40 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	330,273	$6,859	11.0%	$16.93	0.0%	Equity	13321L108
—	BARRICK GOLD CORP	322,822	$5,693	9.2%	$17.64	—	Equity	067901108
—	CENTRAIS ELETRICAS BRASILEIRAS SA	1,266,602	$5,573	9.0%	$4.40	—	Equity	15234Q108
—	ARCH COAL INC	976,923	$4,348	7.0%	$4.45	—	Equity	039380100
KGC	KINROSS GOLD CORP	961,434	$4,212	6.8%	$4.77	0.0%	Equity	496902404
NG	NOVAGOLD RESOURCES INC	1,620,060	$4,116	6.6%	$2.27	0.0%	Equity	66987E206
—	TSAKOS ENERGY NAVIGATION LTD	600,712	$3,611	5.8%	$6.01	—	Equity	G9108L108
KT	KT CORP-SP ADR	222,869	$3,316	5.3%	$14.88	—	Equity	48268K101
KEP	KOREA ELECTRIC POWER CORP ADR	180,103	$2,993	4.8%	$16.62	—	Equity	500631106
—	ANGLOGOLD ASHANTI LTD ADR	250,450	$2,935	4.7%	$11.72	—	Equity	035128206
NAK	NORTHERN DYN MNL	2,148,993	$2,751	4.4%	$1.33	0.0%	Equity	66510M204
—	LAYNE CHRISTENSON	151,045	$2,579	4.1%	$17.07	—	Equity	521050104
SKYW	SKYWEST INC	169,784	$2,518	4.1%	$15.22	0.0%	Equity	830879102
—	SILVER STANDARD	355,624	$2,475	4.0%	$6.96	—	Equity	82823L106
—	TURQUOISE HILL RESOURCES LTD	667,563	$2,203	3.5%	$3.30	—	Equity	900435108
—	PEABODY ENERGY CORP	95,351	$1,863	3.0%	$19.54	—	Equity	704549104
SQM	SOCIEDAD QUIMICA Y MINERA DE CHILE SA ADR	40,357	$1,045	1.7%	$25.89	—	Equity	833635105
CRESY	CRESUD SA-ADR	93,883	$947	1.5%	$10.09	—	Equity	226406106
—	USEC INC 3 10/1/2014	1,524,700	$507	0.8%	$0.33	—	Bond	90333EAC2
—	TURQUOISE HILL RESOURES-RT	504,717	$485	0.8%	$0.96	—	Right	900435116
—	BANRO CORP	860,414	$463	0.7%	$0.54	—	Equity	066800103
—	PETROBRAS ARGENTINA SA	56,362	$314	0.5%	$5.57	—	Equity	71646J109
LND	BRASILAGRO CO BR DE AGRICOLAS	54,453	$216	0.3%	$3.97	—	Equity	10554B104
—	CRYSTALLEX INTL	81,200	$69	0.1%	$0.85	—	Equity	22942F101
—	GOLD RESERVE INC	17,920	$61	0.1%	$3.40	—	Equity	38068N108