Kopernik Global Investors, LLC Hedge Fund

Location: Tampa, FL

CIK: 0001599814 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 13, 2014

Total Value: $182M (100.0% shares, 0.0% debt)

Holdings (18)

— PEABODY ENERGY CORP 12.6%

Value $22.96M Shares 1,405,057 Est. Cost $16.56 Unrealized —

NEM NEWMONT MINING CORP 12.0%

Value $21.84M Shares 931,583 Est. Cost $18.43 Unrealized 0.0%

— CENTRAIS ELETRICAS BRASILEIRAS SA 9.9%

Value $18.05M Shares 3,839,641 Est. Cost $4.60 Unrealized —

CCJ CAMECO CORP 8.8%

Value $16.06M Shares 701,515 Est. Cost $18.30 Unrealized +6.7%

— BARRICK GOLD CORP 8.4%

Value $15.27M Shares 856,662 Est. Cost $17.76 Unrealized —

— TURQUOISE HILL RESOURCES LTD 7.2%

Value $13.15M Shares 3,949,734 Est. Cost $3.32 Unrealized —

SKYW SKYWEST INC 7.0%

Value $12.68M Shares 993,597 Est. Cost $13.46 Unrealized -2.7%

KT KT CORP-SP ADR 6.3%

Value $11.46M Shares 824,773 Est. Cost $14.16 Unrealized —

NG NOVAGOLD RESOURCES INC 5.6%

Value $10.28M Shares 2,846,777 Est. Cost $2.76 Unrealized +23.4%

KGC KINROSS GOLD CORP 5.3%

Value $9.702M Shares 2,343,655 Est. Cost $4.79 Unrealized +0.2%

— TSAKOS ENERGY NAVIGATION LTD 4.8%

Value $8.779M Shares 1,131,424 Est. Cost $6.83 Unrealized —

— SILVER STANDARD 3.6%

Value $6.6M Shares 664,747 Est. Cost $8.34 Unrealized —

— LAYNE CHRISTENSON 3.1%

Value $5.59M Shares 307,358 Est. Cost $17.64 Unrealized —

NAK NORTHERN DYN MNL 2.2%

Value $3.919M Shares 3,999,325 Est. Cost $1.29 Unrealized -3.5%

TKC TURKCELL ILETISIM HIZMET AS ADR 1.6%

Value $2.876M Shares 208,861 Est. Cost $13.77 Unrealized —

CRESY CRESUD SA-ADR 1.3%

Value $2.438M Shares 262,508 Est. Cost $9.57 Unrealized —

LND BRASILAGRO CO BR DE AGRICOLAS 0.1%

Value $220K Shares 58,406 Est. Cost $3.95 Unrealized —

— ARCH COAL INC 0.1%

Value $123K Shares 25,694 Est. Cost $4.45 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	PEABODY ENERGY CORP	1,405,057	$22.96M	12.6%	$16.56	—	PEABODY ENERGY CORP COM	704549104
NEM	NEWMONT MINING CORP	931,583	$21.84M	12.0%	$18.43	0.0%	NEWMONT MINING CORP COM	651639106
—	CENTRAIS ELETRICAS BRASILEIRAS SA	3,839,641	$18.05M	9.9%	$4.60	—	CENTRAIS ELETRICAS BRASILEIR SPON ADR PFD B	15234Q108
CCJ	CAMECO CORP	701,515	$16.06M	8.8%	$18.30	+6.7%	COM	13321L108
—	BARRICK GOLD CORP	856,662	$15.27M	8.4%	$17.76	—	BARRICK GOLD CORP COM	067901108
—	TURQUOISE HILL RESOURCES LTD	3,949,734	$13.15M	7.2%	$3.32	—	TURQUOISE HILL RES LTD COM	900435108
SKYW	SKYWEST INC	993,597	$12.68M	7.0%	$13.46	-2.7%	COM	830879102
KT	KT CORP-SP ADR	824,773	$11.46M	6.3%	$14.16	—	KT CORP SPONSORED ADR	48268K101
NG	NOVAGOLD RESOURCES INC	2,846,777	$10.28M	5.6%	$2.76	+23.4%	COM NEW	66987E206
KGC	KINROSS GOLD CORP	2,343,655	$9.702M	5.3%	$4.79	+0.2%	COM NO PAR	496902404
—	TSAKOS ENERGY NAVIGATION LTD	1,131,424	$8.779M	4.8%	$6.83	—	SHS	G9108L108
—	SILVER STANDARD	664,747	$6.6M	3.6%	$8.34	—	SILVER STD RES INC COM	82823L106
—	LAYNE CHRISTENSON	307,358	$5.59M	3.1%	$17.64	—	LAYNE CHRISTENSEN CO COM	521050104
NAK	NORTHERN DYN MNL	3,999,325	$3.919M	2.2%	$1.29	-3.5%	NORTHERN DYNASTY MINERALS LT COM NEW	66510M204
TKC	TURKCELL ILETISIM HIZMET AS ADR	208,861	$2.876M	1.6%	$13.77	—	TURKCELL ILETISIM HIZMETLERI SPON ADR NEW	900111204
CRESY	CRESUD SA-ADR	262,508	$2.438M	1.3%	$9.57	—	SPONSORED ADR	226406106
LND	BRASILAGRO CO BR DE AGRICOLAS	58,406	$220K	0.1%	$3.95	—	SPONSORED ADR	10554B104
—	ARCH COAL INC	25,694	$123K	0.1%	$4.45	—	ARCH COAL INC COM	039380100