Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 6, 2016

Total Value ($000): $538,791 (100.0% shares, 0.0% debt)

Holdings (31)

CCJ CAMECO CORP 14.9%

Value ($000) $80,066 Shares 6,235,678 Est. Cost $15.59 Unrealized -29.9%

KGC KINROSS GOLD CORP 10.2%

Value ($000) $55,072 Shares 16,197,603 Est. Cost $2.99 Unrealized -16.9%

RGLD ROYAL GOLD INC 7.7%

Value ($000) $41,296 Shares 805,173 Est. Cost $41.43 Unrealized -1.6%

— BARRICK GOLD CORP 7.5%

Value ($000) $40,446 Shares 2,978,469 Est. Cost $11.28 Unrealized —

SKYW SKYWEST INC 7.2%

Value ($000) $38,940 Shares 1,947,969 Est. Cost $14.06 Unrealized +20.2%

— PANDORA MEDIA INC 6.7%

Value ($000) $36,307 Shares 4,056,568 Est. Cost $11.95 Unrealized —

— GOLDCORP INC NEW 4.9%

Value ($000) $26,242 Shares 1,616,892 Est. Cost $13.63 Unrealized —

— SILVER WHEATON CORP 4.6%

Value ($000) $24,838 Shares 1,498,105 Est. Cost $12.88 Unrealized —

— TURQUOISE HILL RES LTD 4.4%

Value ($000) $23,448 Shares 9,231,338 Est. Cost $3.28 Unrealized —

NBIS YANDEX N V 4.3%

Value ($000) $22,981 Shares 1,500,072 Est. Cost $15.99 Unrealized —

— CONSOL ENERGY INC 4.0%

Value ($000) $21,493 Shares 1,903,573 Est. Cost $8.06 Unrealized —

— TSAKOS ENERGY NAVIGATION LTD 2.5%

Value ($000) $13,663 Shares 2,210,729 Est. Cost $6.70 Unrealized —

NGD NEW GOLD INC CDA 2.4%

Value ($000) $12,693 Shares 3,403,038 Est. Cost $3.17 Unrealized -6.0%

— SILVER STD RES INC 2.3%

Value ($000) $12,597 Shares 2,269,856 Est. Cost $7.09 Unrealized —

KT KT CORP 2.3%

Value ($000) $12,240 Shares 912,157 Est. Cost $13.97 Unrealized —

SQM SOCIEDAD QUIMICA MINERA DE C 1.7%

Value ($000) $9,232 Shares 449,235 Est. Cost $18.77 Unrealized —

NG NOVAGOLD RES INC 1.7%

Value ($000) $9,194 Shares 1,824,187 Est. Cost $3.23 Unrealized +42.7%

— MARATHON OIL CORP 1.7%

Value ($000) $8,951 Shares 803,516 Est. Cost $11.14 Unrealized —

DSX DIANA SHIPPING INC 1.6%

Value ($000) $8,359 Shares 3,130,969 Est. Cost $3.30 Unrealized -53.1%

KBR KBR INC 1.4%

Value ($000) $7,562 Shares 488,472 Est. Cost $13.73 Unrealized -10.6%

— CLOUD PEAK ENERGY INC 1.3%

Value ($000) $6,963 Shares 3,571,320 Est. Cost $2.61 Unrealized —

— CENTRAIS ELETRICAS BRASILEIR 1.2%

Value ($000) $6,627 Shares 2,277,218 Est. Cost $4.62 Unrealized —

NTPIF NAM TAI PPTY INC 0.9%

Value ($000) $4,728 Shares 769,843 Est. Cost $5.67 Unrealized -7.7%

— LAYNE CHRISTENSEN CO 0.6%

Value ($000) $3,495 Shares 486,166 Est. Cost $10.16 Unrealized —

SB SAFE BULKERS INC 0.6%

Value ($000) $3,461 Shares 4,306,671 Est. Cost $2.65 Unrealized -77.8%

— PEABODY ENERGY CORP 0.5%

Value ($000) $2,545 Shares 1,098,320 Est. Cost $7.42 Unrealized —

NAK NORTHERN DYNASTY MINERALS LT 0.4%

Value ($000) $2,110 Shares 6,591,473 Est. Cost $1.06 Unrealized -70.4%

— MARKET VECTORS ETF TR 0.3%

Value ($000) $1,705 Shares 61,214 Est. Cost $23.45 Unrealized —

AZO AUTOZONE INC 0.1%

Value ($000) $797 Shares 1,000 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.1%

Value ($000) $513 Shares 8,600 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $227 Shares 1,700 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	6,235,678	$80,066	14.9%	$15.59	-29.9%	COM	13321L108
KGC	KINROSS GOLD CORP	16,197,603	$55,072	10.2%	$2.99	-16.9%	COM NO PAR	496902404
RGLD	ROYAL GOLD INC	805,173	$41,296	7.7%	$41.43	-1.6%	COM	780287108
—	BARRICK GOLD CORP	2,978,469	$40,446	7.5%	$11.28	—	COM	067901108
SKYW	SKYWEST INC	1,947,969	$38,940	7.2%	$14.06	+20.2%	COM	830879102
—	PANDORA MEDIA INC	4,056,568	$36,307	6.7%	$11.95	—	COM	698354107
—	GOLDCORP INC NEW	1,616,892	$26,242	4.9%	$13.63	—	COM	380956409
—	SILVER WHEATON CORP	1,498,105	$24,838	4.6%	$12.88	—	COM	828336107
—	TURQUOISE HILL RES LTD	9,231,338	$23,448	4.4%	$3.28	—	COM	900435108
NBIS	YANDEX N V	1,500,072	$22,981	4.3%	$15.99	—	SHS CLASS A	N97284108
—	CONSOL ENERGY INC	1,903,573	$21,493	4.0%	$8.06	—	COM	20854P109
—	TSAKOS ENERGY NAVIGATION LTD	2,210,729	$13,663	2.5%	$6.70	—	SHS	G9108L108
NGD	NEW GOLD INC CDA	3,403,038	$12,693	2.4%	$3.17	-6.0%	COM	644535106
—	SILVER STD RES INC	2,269,856	$12,597	2.3%	$7.09	—	COM	82823L106
KT	KT CORP	912,157	$12,240	2.3%	$13.97	—	SPONSORED ADR	48268K101
SQM	SOCIEDAD QUIMICA MINERA DE C	449,235	$9,232	1.7%	$18.77	—	SPON ADR SER B	833635105
NG	NOVAGOLD RES INC	1,824,187	$9,194	1.7%	$3.23	+42.7%	COM NEW	66987E206
—	MARATHON OIL CORP	803,516	$8,951	1.7%	$11.14	—	COM	565849106
DSX	DIANA SHIPPING INC	3,130,969	$8,359	1.6%	$3.30	-53.1%	COM	Y2066G104
KBR	KBR INC	488,472	$7,562	1.4%	$13.73	-10.6%	COM	48242W106
—	CLOUD PEAK ENERGY INC	3,571,320	$6,963	1.3%	$2.61	—	COM	18911Q102
—	CENTRAIS ELETRICAS BRASILEIR	2,277,218	$6,627	1.2%	$4.62	—	SPON ADR PFD B	15234Q108
NTPIF	NAM TAI PPTY INC	769,843	$4,728	0.9%	$5.67	-7.7%	SHS	G63907102
—	LAYNE CHRISTENSEN CO	486,166	$3,495	0.6%	$10.16	—	COM	521050104
SB	SAFE BULKERS INC	4,306,671	$3,461	0.6%	$2.65	-77.8%	COM	Y7388L103
—	PEABODY ENERGY CORP	1,098,320	$2,545	0.5%	$7.42	—	COM NEW	704549203
NAK	NORTHERN DYNASTY MINERALS LT	6,591,473	$2,110	0.4%	$1.06	-70.4%	COM NEW	66510M204
—	MARKET VECTORS ETF TR	61,214	$1,705	0.3%	$23.45	—	JR GOLD MINERS E	57061R544
AZO	AUTOZONE INC	1,000	$797	0.1%	—	—	Put	053332102
SBUX	STARBUCKS CORP	8,600	$513	0.1%	—	—	Put	855244109
HD	HOME DEPOT INC	1,700	$227	0.0%	—	—	Put	437076102