Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q3 2015 (← Previous) (Next →)

Filing Date: Nov 6, 2015

Total Value ($000): $477,950 (100.0% shares, 0.0% debt)

Holdings (30)

CCJ CAMECO CORP 16.0%

Value ($000) $76,627 Shares 6,296,165 Est. Cost $15.72 Unrealized -22.3%

KGC KINROSS GOLD CORP 11.1%

Value ($000) $53,281 Shares 30,976,623 Est. Cost $2.99 Unrealized -38.9%

— BARRICK GOLD CORP 10.8%

Value ($000) $51,472 Shares 8,093,018 Est. Cost $11.28 Unrealized —

SKYW SKYWEST INC 9.3%

Value ($000) $44,460 Shares 2,665,518 Est. Cost $12.86 Unrealized +24.8%

— TURQUOISE HILL RES LTD 5.0%

Value ($000) $23,799 Shares 9,332,678 Est. Cost $3.32 Unrealized —

— GOLDCORP INC NEW 5.0%

Value ($000) $23,793 Shares 1,900,399 Est. Cost $13.67 Unrealized —

— PEABODY ENERGY CORP 4.5%

Value ($000) $21,622 Shares 15,668,098 Est. Cost $6.03 Unrealized —

— SILVER STD RES INC 4.2%

Value ($000) $19,892 Shares 3,050,821 Est. Cost $7.15 Unrealized —

NBIS YANDEX N V 3.8%

Value ($000) $18,215 Shares 1,697,389 Est. Cost $16.04 Unrealized —

NG NOVAGOLD RES INC 3.1%

Value ($000) $14,924 Shares 4,134,418 Est. Cost $3.23 Unrealized +4.6%

SQM SOCIEDAD QUIMICA MINERA DE C 2.9%

Value ($000) $13,959 Shares 959,953 Est. Cost $18.69 Unrealized —

NEM NEWMONT MINING CORP 2.7%

Value ($000) $12,773 Shares 794,819 Est. Cost $14.11 Unrealized -0.7%

— PANDORA MEDIA INC 2.6%

Value ($000) $12,612 Shares 590,961 Est. Cost $21.34 Unrealized —

KT KT CORP 2.4%

Value ($000) $11,358 Shares 869,064 Est. Cost $14.12 Unrealized —

NGD NEW GOLD INC CDA 2.3%

Value ($000) $10,922 Shares 4,811,549 Est. Cost $3.17 Unrealized -26.9%

DSX DIANA SHIPPING INC 1.9%

Value ($000) $9,316 Shares 1,437,669 Est. Cost $3.93 Unrealized +5.7%

— CLOUD PEAK ENERGY INC 1.9%

Value ($000) $9,084 Shares 3,454,179 Est. Cost $2.63 Unrealized —

— TSAKOS ENERGY NAVIGATION LTD 1.8%

Value ($000) $8,661 Shares 1,065,259 Est. Cost $7.07 Unrealized —

KBR KBR INC 1.8%

Value ($000) $8,438 Shares 506,545 Est. Cost $13.85 Unrealized +9.3%

— LAYNE CHRISTENSEN CO 1.5%

Value ($000) $6,957 Shares 1,070,381 Est. Cost $10.16 Unrealized —

— CENTRAIS ELETRICAS BRASILEIR 1.2%

Value ($000) $5,889 Shares 2,727,497 Est. Cost $4.62 Unrealized —

SB SAFE BULKERS INC 1.2%

Value ($000) $5,534 Shares 2,004,823 Est. Cost $3.33 Unrealized 0.0%

— MARKET VECTORS ETF TR 1.1%

Value ($000) $5,084 Shares 259,546 Est. Cost $23.45 Unrealized —

NTPIF NAM TAI PPTY INC 0.9%

Value ($000) $4,524 Shares 741,670 Est. Cost $5.68 Unrealized -11.5%

NAK NORTHERN DYNASTY MINERALS LT 0.4%

Value ($000) $2,039 Shares 6,591,473 Est. Cost $1.06 Unrealized -66.9%

HD HOME DEPOT INC 0.2%

Value ($000) $982 Shares 8,500 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.1%

Value ($000) $489 Shares 8,600 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.1%

Value ($000) $434 Shares 600 Est. Cost — Unrealized —

CMG CHIPOTLE MEXICAN GRILL INC 0.1%

Value ($000) $432 Shares 600 Est. Cost — Unrealized —

— TIFFANY & CO NEW 0.1%

Value ($000) $378 Shares 4,900 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	6,296,165	$76,627	16.0%	$15.72	-22.3%	COM	13321L108
KGC	KINROSS GOLD CORP	30,976,623	$53,281	11.1%	$2.99	-38.9%	COM NO PAR	496902404
—	BARRICK GOLD CORP	8,093,018	$51,472	10.8%	$11.28	—	COM	067901108
SKYW	SKYWEST INC	2,665,518	$44,460	9.3%	$12.86	+24.8%	COM	830879102
—	TURQUOISE HILL RES LTD	9,332,678	$23,799	5.0%	$3.32	—	COM	900435108
—	GOLDCORP INC NEW	1,900,399	$23,793	5.0%	$13.67	—	COM	380956409
—	PEABODY ENERGY CORP	15,668,098	$21,622	4.5%	$6.03	—	COM	704549104
—	SILVER STD RES INC	3,050,821	$19,892	4.2%	$7.15	—	COM	82823L106
NBIS	YANDEX N V	1,697,389	$18,215	3.8%	$16.04	—	SHS CLASS A	N97284108
NG	NOVAGOLD RES INC	4,134,418	$14,924	3.1%	$3.23	+4.6%	COM NEW	66987E206
SQM	SOCIEDAD QUIMICA MINERA DE C	959,953	$13,959	2.9%	$18.69	—	SPON ADR SER B	833635105
NEM	NEWMONT MINING CORP	794,819	$12,773	2.7%	$14.11	-0.7%	COM	651639106
—	PANDORA MEDIA INC	590,961	$12,612	2.6%	$21.34	—	COM	698354107
KT	KT CORP	869,064	$11,358	2.4%	$14.12	—	SPONSORED ADR	48268K101
NGD	NEW GOLD INC CDA	4,811,549	$10,922	2.3%	$3.17	-26.9%	COM	644535106
DSX	DIANA SHIPPING INC	1,437,669	$9,316	1.9%	$3.93	+5.7%	COM	Y2066G104
—	CLOUD PEAK ENERGY INC	3,454,179	$9,084	1.9%	$2.63	—	COM	18911Q102
—	TSAKOS ENERGY NAVIGATION LTD	1,065,259	$8,661	1.8%	$7.07	—	SHS	G9108L108
KBR	KBR INC	506,545	$8,438	1.8%	$13.85	+9.3%	COM	48242W106
—	LAYNE CHRISTENSEN CO	1,070,381	$6,957	1.5%	$10.16	—	COM	521050104
—	CENTRAIS ELETRICAS BRASILEIR	2,727,497	$5,889	1.2%	$4.62	—	SPON ADR PFD B	15234Q108
SB	SAFE BULKERS INC	2,004,823	$5,534	1.2%	$3.33	0.0%	COM	Y7388L103
—	MARKET VECTORS ETF TR	259,546	$5,084	1.1%	$23.45	—	JR GOLD MINERS E	57061R544
NTPIF	NAM TAI PPTY INC	741,670	$4,524	0.9%	$5.68	-11.5%	SHS	G63907102
NAK	NORTHERN DYNASTY MINERALS LT	6,591,473	$2,039	0.4%	$1.06	-66.9%	COM NEW	66510M204
HD	HOME DEPOT INC	8,500	$982	0.2%	—	—	Put	437076102
SBUX	STARBUCKS CORP	8,600	$489	0.1%	—	—	Put	855244109
AZO	AUTOZONE INC	600	$434	0.1%	—	—	Put	053332102
CMG	CHIPOTLE MEXICAN GRILL INC	600	$432	0.1%	—	—	Put	169656105
—	TIFFANY & CO NEW	4,900	$378	0.1%	—	—	Put	886547108