Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: May 7, 2015

Total Value ($000): $399,177 (100.0% shares, 0.0% debt)

Holdings (21)

CCJ CAMECO CORP 17.1%

Value ($000) $68,394 Shares 4,909,800 Est. Cost $16.24 Unrealized -17.8%

— BARRICK GOLD CORP 14.4%

Value ($000) $57,460 Shares 5,242,718 Est. Cost $13.19 Unrealized —

— PEABODY ENERGY CORP 11.4%

Value ($000) $45,673 Shares 9,283,141 Est. Cost $8.81 Unrealized —

SKYW SKYWEST INC 11.2%

Value ($000) $44,728 Shares 3,061,485 Est. Cost $12.21 Unrealized +13.9%

KGC KINROSS GOLD CORP 9.3%

Value ($000) $37,103 Shares 16,563,636 Est. Cost $3.63 Unrealized -19.9%

— TURQUOISE HILL RESOURCES LTD 7.0%

Value ($000) $28,060 Shares 8,993,691 Est. Cost $3.33 Unrealized —

KBR KBR INC 3.7%

Value ($000) $14,670 Shares 1,013,110 Est. Cost $13.85 Unrealized 0.0%

NG NOVAGOLD RESOURCES INC 3.6%

Value ($000) $14,297 Shares 4,830,231 Est. Cost $3.22 Unrealized +8.8%

NBIS YANDEX NV-A 3.4%

Value ($000) $13,539 Shares 892,750 Est. Cost $19.81 Unrealized —

— TSAKOS ENERGY NAVIGATION LTD 3.0%

Value ($000) $11,926 Shares 1,457,999 Est. Cost $7.03 Unrealized —

KT KT CORP-SP ADR 2.9%

Value ($000) $11,650 Shares 890,679 Est. Cost $14.14 Unrealized —

— SILVER STANDARD 2.6%

Value ($000) $10,199 Shares 2,251,470 Est. Cost $7.45 Unrealized —

NEM NEWMONT MINING CORP 2.2%

Value ($000) $8,668 Shares 399,260 Est. Cost $18.92 Unrealized -3.5%

— LAYNE CHRISTENSON 1.9%

Value ($000) $7,573 Shares 1,511,514 Est. Cost $10.16 Unrealized —

— MARKET VECTORS JR GOLD MINERS ETF 1.7%

Value ($000) $6,895 Shares 303,193 Est. Cost $23.45 Unrealized —

SQM SOCIEDAD QUIMICA Y MINERA DE CHILE SA ADR 1.6%

Value ($000) $6,494 Shares 355,856 Est. Cost $23.47 Unrealized —

— CENTRAIS ELETRICAS BRASILEIRAS SA 1.5%

Value ($000) $6,009 Shares 2,861,305 Est. Cost $4.62 Unrealized —

NTPIF NAM TAI PROPERTY INC 0.8%

Value ($000) $3,201 Shares 806,222 Est. Cost $5.72 Unrealized -26.8%

NAK NORTHERN DYN MNL 0.6%

Value ($000) $2,517 Shares 6,519,135 Est. Cost $1.07 Unrealized -57.4%

LND BRASILAGRO CO BR DE AGRICOLAS 0.0%

Value ($000) $93 Shares 33,306 Est. Cost $3.95 Unrealized —

— ARCH COAL INC 0.0%

Value ($000) $28 Shares 28,195 Est. Cost $1.88 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	4,909,800	$68,394	17.1%	$16.24	-17.8%	COM	13321L108
—	BARRICK GOLD CORP	5,242,718	$57,460	14.4%	$13.19	—	COM	067901108
—	PEABODY ENERGY CORP	9,283,141	$45,673	11.4%	$8.81	—	COM	704549104
SKYW	SKYWEST INC	3,061,485	$44,728	11.2%	$12.21	+13.9%	COM	830879102
KGC	KINROSS GOLD CORP	16,563,636	$37,103	9.3%	$3.63	-19.9%	COM NO PAR	496902404
—	TURQUOISE HILL RESOURCES LTD	8,993,691	$28,060	7.0%	$3.33	—	COM	900435108
KBR	KBR INC	1,013,110	$14,670	3.7%	$13.85	0.0%	COM	48242W106
NG	NOVAGOLD RESOURCES INC	4,830,231	$14,297	3.6%	$3.22	+8.8%	COM NEW	66987E206
NBIS	YANDEX NV-A	892,750	$13,539	3.4%	$19.81	—	SHS CLASS A	N97284108
—	TSAKOS ENERGY NAVIGATION LTD	1,457,999	$11,926	3.0%	$7.03	—	SHS	G9108L108
KT	KT CORP-SP ADR	890,679	$11,650	2.9%	$14.14	—	SPONSORED ADR	48268K101
—	SILVER STANDARD	2,251,470	$10,199	2.6%	$7.45	—	COM	82823L106
NEM	NEWMONT MINING CORP	399,260	$8,668	2.2%	$18.92	-3.5%	COM	651639106
—	LAYNE CHRISTENSON	1,511,514	$7,573	1.9%	$10.16	—	COM	521050104
—	MARKET VECTORS JR GOLD MINERS ETF	303,193	$6,895	1.7%	$23.45	—	JR GOLD MINERS E	57061R544
SQM	SOCIEDAD QUIMICA Y MINERA DE CHILE SA ADR	355,856	$6,494	1.6%	$23.47	—	SPON ADR SER B	833635105
—	CENTRAIS ELETRICAS BRASILEIRAS SA	2,861,305	$6,009	1.5%	$4.62	—	SPON ADR PFD B	15234Q108
NTPIF	NAM TAI PROPERTY INC	806,222	$3,201	0.8%	$5.72	-26.8%	SHS	G63907102
NAK	NORTHERN DYN MNL	6,519,135	$2,517	0.6%	$1.07	-57.4%	COM NEW	66510M204
LND	BRASILAGRO CO BR DE AGRICOLAS	33,306	$93	0.0%	$3.95	—	SPONSORED ADR	10554B104
—	ARCH COAL INC	28,195	$28	0.0%	$1.88	—	COM	039380100