Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 15, 2018

Total Value ($000): $641,994 (100.0% shares, 0.0% debt)

Holdings (28)

CCJ CAMECO CORP 14.8%

Value ($000) $95,089 Shares 10,460,793 Est. Cost $12.75 Unrealized -29.5%

RRC RANGE RES CORP 12.6%

Value ($000) $80,668 Shares 5,548,029 Est. Cost $14.95 Unrealized 0.0%

WPM Wheaton Precious Metals Corp 11.3%

Value ($000) $72,701 Shares 3,569,036 Est. Cost $18.38 Unrealized +0.9%

— BARRICK GOLD CORP 9.0%

Value ($000) $57,942 Shares 4,653,947 Est. Cost $13.19 Unrealized —

KT KT CORP 8.8%

Value ($000) $56,730 Shares 4,140,891 Est. Cost $14.16 Unrealized —

— TURQUOISE HILL RES LTD 6.3%

Value ($000) $40,546 Shares 13,207,077 Est. Cost $3.16 Unrealized —

NGD NEW GOLD INC CDA 6.1%

Value ($000) $38,991 Shares 15,112,691 Est. Cost $3.11 Unrealized -9.7%

— PANDORA MEDIA INC 5.0%

Value ($000) $31,787 Shares 6,319,458 Est. Cost $8.03 Unrealized —

KGC KINROSS GOLD CORP 4.3%

Value ($000) $27,658 Shares 7,002,066 Est. Cost $3.14 Unrealized +27.0%

— DIEBOLD NXDF INC 3.8%

Value ($000) $24,610 Shares 1,598,026 Est. Cost $16.40 Unrealized —

— TSAKOS ENERGY NAVIGATION LTD 3.2%

Value ($000) $20,637 Shares 6,253,511 Est. Cost $5.11 Unrealized —

— GOLDCORP INC NEW 2.9%

Value ($000) $18,439 Shares 1,334,254 Est. Cost $13.32 Unrealized —

DSX DIANA SHIPPING INC 2.8%

Value ($000) $17,846 Shares 4,876,086 Est. Cost $2.52 Unrealized -10.3%

NG NOVAGOLD RES INC 2.6%

Value ($000) $16,600 Shares 3,833,736 Est. Cost $3.82 Unrealized +5.0%

RGLD ROYAL GOLD INC 2.6%

Value ($000) $16,517 Shares 192,349 Est. Cost $42.20 Unrealized +99.7%

— CLOUD PEAK ENERGY INC 2.0%

Value ($000) $13,031 Shares 4,478,043 Est. Cost $3.30 Unrealized —

THM INTERNATIONAL TOWER HILL MIN 0.7%

Value ($000) $4,306 Shares 7,829,912 Est. Cost $0.48 Unrealized 0.0%

NAK NORTHERN DYNASTY MINERALS LT 0.6%

Value ($000) $3,851 Shares 4,250,127 Est. Cost $1.10 Unrealized +9.3%

— SANDSTORM GOLD LTD 0.3%

Value ($000) $2,191 Shares 460,327 Est. Cost $4.54 Unrealized —

EEM ISHARES TR 0.2%

Value ($000) $1,059 Shares 472,500 Est. Cost — Unrealized —

ABBV ABBVIE INC 0.0%

Value ($000) $252 Shares 9,200 Est. Cost — Unrealized —

SSRM SSR MNG INC 0.0%

Value ($000) $175 Shares 18,180 Est. Cost $8.74 Unrealized 0.0%

AZO AUTOZONE INC 0.0%

Value ($000) $115 Shares 800 Est. Cost — Unrealized —

AAPL APPLE INC 0.0%

Value ($000) $87 Shares 5,100 Est. Cost — Unrealized —

NKE NIKE INC 0.0%

Value ($000) $71 Shares 9,700 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $46 Shares 4,600 Est. Cost — Unrealized —

AMZN AMAZON COM INC 0.0%

Value ($000) $26 Shares 1,600 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.0%

Value ($000) $23 Shares 5,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	10,460,793	$95,089	14.8%	$12.75	-29.5%	COM	13321L108
RRC	RANGE RES CORP	5,548,029	$80,668	12.6%	$14.95	0.0%	COM	75281A109
WPM	Wheaton Precious Metals Corp	3,569,036	$72,701	11.3%	$18.38	+0.9%	COM	962879102
—	BARRICK GOLD CORP	4,653,947	$57,942	9.0%	$13.19	—	COM	067901108
KT	KT CORP	4,140,891	$56,730	8.8%	$14.16	—	SPONSORED ADR	48268K101
—	TURQUOISE HILL RES LTD	13,207,077	$40,546	6.3%	$3.16	—	COM	900435108
NGD	NEW GOLD INC CDA	15,112,691	$38,991	6.1%	$3.11	-9.7%	COM	644535106
—	PANDORA MEDIA INC	6,319,458	$31,787	5.0%	$8.03	—	COM	698354107
KGC	KINROSS GOLD CORP	7,002,066	$27,658	4.3%	$3.14	+27.0%	COM NO PAR	496902404
—	DIEBOLD NXDF INC	1,598,026	$24,610	3.8%	$16.40	—	COM	253651103
—	TSAKOS ENERGY NAVIGATION LTD	6,253,511	$20,637	3.2%	$5.11	—	SHS	G9108L108
—	GOLDCORP INC NEW	1,334,254	$18,439	2.9%	$13.32	—	COM	380956409
DSX	DIANA SHIPPING INC	4,876,086	$17,846	2.8%	$2.52	-10.3%	COM	Y2066G104
NG	NOVAGOLD RES INC	3,833,736	$16,600	2.6%	$3.82	+5.0%	COM NEW	66987E206
RGLD	ROYAL GOLD INC	192,349	$16,517	2.6%	$42.20	+99.7%	COM	780287108
—	CLOUD PEAK ENERGY INC	4,478,043	$13,031	2.0%	$3.30	—	COM	18911Q102
THM	INTERNATIONAL TOWER HILL MIN	7,829,912	$4,306	0.7%	$0.48	0.0%	COM	46050R102
NAK	NORTHERN DYNASTY MINERALS LT	4,250,127	$3,851	0.6%	$1.10	+9.3%	COM NEW	66510M204
—	SANDSTORM GOLD LTD	460,327	$2,191	0.3%	$4.54	—	COM NEW	80013R206
EEM	ISHARES TR	472,500	$1,059	0.2%	—	—	Put	464287234
ABBV	ABBVIE INC	9,200	$252	0.0%	—	—	Put	00287Y109
SSRM	SSR MNG INC	18,180	$175	0.0%	$8.74	0.0%	COM	784730103
AZO	AUTOZONE INC	800	$115	0.0%	—	—	Put	053332102
AAPL	APPLE INC	5,100	$87	0.0%	—	—	Put	037833100
NKE	NIKE INC	9,700	$71	0.0%	—	—	Put	654106103
HD	HOME DEPOT INC	4,600	$46	0.0%	—	—	Put	437076102
AMZN	AMAZON COM INC	1,600	$26	0.0%	—	—	Put	023135106
SBUX	STARBUCKS CORP	5,400	$23	0.0%	—	—	Put	855244109