Kopernik Global Investors, LLC Hedge Fund

Location: Tampa, FL

CIK: 0001599814 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: May 15, 2018

Total Value: $539M (100.0% shares, 0.0% debt)

Holdings (25)

CCJ CAMECO CORP 14.9%

Value $80.16M Shares 8,684,897 Est. Cost $13.52 Unrealized -33.2%

WPM WHEATON PRECIOUS METALS CORP 12.3%

Value $66M Shares 2,982,364 Est. Cost $18.35 Unrealized +2.4%

— BARRICK GOLD CORP 9.8%

Value $52.63M Shares 3,637,394 Est. Cost $13.40 Unrealized —

— TURQUOISE HILL RES LTD 7.7%

Value $41.68M Shares 12,151,886 Est. Cost $3.17 Unrealized —

KGC KINROSS GOLD CORP 7.0%

Value $37.83M Shares 8,756,365 Est. Cost $3.14 Unrealized +32.7%

KT KT CORP 6.8%

Value $36.83M Shares 2,359,078 Est. Cost $14.52 Unrealized —

NGD NEW GOLD INC CDA 6.2%

Value $33.14M Shares 10,071,864 Est. Cost $3.26 Unrealized +2.9%

— PANDORA MEDIA INC 5.3%

Value $28.55M Shares 5,923,505 Est. Cost $8.24 Unrealized —

RGLD ROYAL GOLD INC 4.9%

Value $26.14M Shares 318,331 Est. Cost $42.20 Unrealized +103.0%

— DIEBOLD NXDF INC 4.7%

Value $25.26M Shares 1,544,862 Est. Cost $16.44 Unrealized —

— TSAKOS ENERGY NAVIGATION LTD 3.9%

Value $21.02M Shares 5,376,985 Est. Cost $5.40 Unrealized —

DSX DIANA SHIPPING INC 3.6%

Value $19.24M Shares 4,726,332 Est. Cost $2.52 Unrealized -5.7%

— CLOUD PEAK ENERGY INC 3.1%

Value $16.67M Shares 3,745,137 Est. Cost $3.38 Unrealized —

— GOLDCORP INC NEW 3.0%

Value $16.14M Shares 1,263,580 Est. Cost $13.29 Unrealized —

KR KROGER CO 2.4%

Value $12.86M Shares 468,637 Est. Cost $18.87 Unrealized +3.9%

NG NOVAGOLD RES INC 2.2%

Value $11.73M Shares 2,984,381 Est. Cost $3.76 Unrealized +5.6%

NBIS YANDEX N V 1.1%

Value $5.755M Shares 175,766 Est. Cost $16.51 Unrealized —

NAK NORTHERN DYNASTY MINERALS LT 1.0%

Value $5.467M Shares 3,088,909 Est. Cost $1.06 Unrealized +87.0%

— SANDSTORM GOLD LTD 0.3%

Value $1.351M Shares 270,766 Est. Cost $4.39 Unrealized —

NKE NIKE INC 0.0%

Value $83,000 Shares 9,700 Est. Cost — Unrealized —

AMZN AMAZON COM INC 0.0%

Value $50,000 Shares 1,500 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value $32,000 Shares 4,600 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.0%

Value $26,000 Shares 5,400 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.0%

Value $6,000 Shares 500 Est. Cost — Unrealized —

SHW SHERWIN WILLIAMS CO 0.0%

Value $5,000 Shares 2,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	8,684,897	$80.16M	14.9%	$13.52	-33.2%	COM	13321L108
WPM	WHEATON PRECIOUS METALS CORP	2,982,364	$66M	12.3%	$18.35	+2.4%	COM	962879102
—	BARRICK GOLD CORP	3,637,394	$52.63M	9.8%	$13.40	—	COM	067901108
—	TURQUOISE HILL RES LTD	12,151,886	$41.68M	7.7%	$3.17	—	COM	900435108
KGC	KINROSS GOLD CORP	8,756,365	$37.83M	7.0%	$3.14	+32.7%	COM NO PAR	496902404
KT	KT CORP	2,359,078	$36.83M	6.8%	$14.52	—	SPONSORED ADR	48268K101
NGD	NEW GOLD INC CDA	10,071,864	$33.14M	6.2%	$3.26	+2.9%	COM	644535106
—	PANDORA MEDIA INC	5,923,505	$28.55M	5.3%	$8.24	—	COM	698354107
RGLD	ROYAL GOLD INC	318,331	$26.14M	4.9%	$42.20	+103.0%	COM	780287108
—	DIEBOLD NXDF INC	1,544,862	$25.26M	4.7%	$16.44	—	COM	253651103
—	TSAKOS ENERGY NAVIGATION LTD	5,376,985	$21.02M	3.9%	$5.40	—	SHS	G9108L108
DSX	DIANA SHIPPING INC	4,726,332	$19.24M	3.6%	$2.52	-5.7%	COM	Y2066G104
—	CLOUD PEAK ENERGY INC	3,745,137	$16.67M	3.1%	$3.38	—	COM	18911Q102
—	GOLDCORP INC NEW	1,263,580	$16.14M	3.0%	$13.29	—	COM	380956409
KR	KROGER CO	468,637	$12.86M	2.4%	$18.87	+3.9%	COM	501044101
NG	NOVAGOLD RES INC	2,984,381	$11.73M	2.2%	$3.76	+5.6%	COM NEW	66987E206
NBIS	YANDEX N V	175,766	$5.755M	1.1%	$16.51	—	SHS CLASS A	N97284108
NAK	NORTHERN DYNASTY MINERALS LT	3,088,909	$5.467M	1.0%	$1.06	+87.0%	COM NEW	66510M204
—	SANDSTORM GOLD LTD	270,766	$1.351M	0.3%	$4.39	—	COM NEW	80013R206
NKE	NIKE INC	9,700	$83,000	0.0%	—	—	Put	654106103
AMZN	AMAZON COM INC	1,500	$50,000	0.0%	—	—	Put	023135106
HD	HOME DEPOT INC	4,600	$32,000	0.0%	—	—	Put	437076102
SBUX	STARBUCKS CORP	5,400	$26,000	0.0%	—	—	Put	855244109
AZO	AUTOZONE INC	500	$6,000	0.0%	—	—	Put	053332102
SHW	SHERWIN WILLIAMS CO	2,400	$5,000	0.0%	—	—	Put	824348106