Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q3 2017 (← Previous) (Next →)

Filing Date: May 15, 2018

Total Value ($000): $514,248 (100.0% shares, 0.0% debt)

Holdings (28)

CCJ CAMECO CORP 15.4%

Value ($000) $79,273 Shares 8,197,805 Est. Cost $13.79 Unrealized -31.3%

KGC KINROSS GOLD CORP 9.0%

Value ($000) $46,355 Shares 10,932,936 Est. Cost $3.14 Unrealized +36.1%

WPM WHEATON PRECIOUS METALS CORP 8.7%

Value ($000) $44,498 Shares 2,330,934 Est. Cost $18.22 Unrealized -3.2%

— TURQUOISE HILL RES LTD 7.1%

Value ($000) $36,662 Shares 11,826,791 Est. Cost $3.16 Unrealized —

— MARATHON OIL CORP 6.7%

Value ($000) $34,318 Shares 2,530,870 Est. Cost $12.00 Unrealized —

— BARRICK GOLD CORP 6.3%

Value ($000) $32,326 Shares 2,009,126 Est. Cost $12.53 Unrealized —

RGLD ROYAL GOLD INC 5.9%

Value ($000) $30,132 Shares 350,235 Est. Cost $42.20 Unrealized +105.1%

NGD NEW GOLD INC CDA 5.3%

Value ($000) $27,170 Shares 7,323,421 Est. Cost $3.23 Unrealized +7.0%

— PANDORA MEDIA INC 4.7%

Value ($000) $23,916 Shares 3,106,003 Est. Cost $11.33 Unrealized —

KR KROGER CO 4.4%

Value ($000) $22,845 Shares 1,138,882 Est. Cost $18.87 Unrealized 0.0%

KT KT CORP 4.2%

Value ($000) $21,724 Shares 1,566,298 Est. Cost $13.96 Unrealized —

— TSAKOS ENERGY NAVIGATION LTD 4.2%

Value ($000) $21,532 Shares 4,795,350 Est. Cost $5.59 Unrealized —

— CLOUD PEAK ENERGY INC 3.2%

Value ($000) $16,341 Shares 4,464,339 Est. Cost $3.38 Unrealized —

— GOLDCORP INC NEW 3.0%

Value ($000) $15,523 Shares 1,197,864 Est. Cost $13.32 Unrealized —

DSX DIANA SHIPPING INC 2.9%

Value ($000) $14,815 Shares 4,081,208 Est. Cost $2.55 Unrealized -8.1%

NBIS YANDEX N V 2.6%

Value ($000) $13,158 Shares 399,286 Est. Cost $16.51 Unrealized —

NG NOVAGOLD RES INC 2.1%

Value ($000) $11,001 Shares 2,670,270 Est. Cost $3.74 Unrealized +15.6%

KBR KBR INC 1.7%

Value ($000) $8,911 Shares 498,316 Est. Cost $13.30 Unrealized +9.0%

— CONSOL ENERGY INC 1.2%

Value ($000) $6,051 Shares 357,200 Est. Cost $16.94 Unrealized —

NAK NORTHERN DYNASTY MINERALS LT 1.1%

Value ($000) $5,560 Shares 3,088,909 Est. Cost $1.06 Unrealized +49.5%

— SANDSTORM GOLD LTD 0.2%

Value ($000) $937 Shares 206,428 Est. Cost $4.20 Unrealized —

— DIEBOLD NXDF INC 0.1%

Value ($000) $470 Shares 20,562 Est. Cost $22.86 Unrealized —

BIDU BAIDU INC 0.1%

Value ($000) $466 Shares 1,883 Est. Cost $179.18 Unrealized —

AMZN AMAZON COM INC 0.0%

Value ($000) $127 Shares 1,400 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.0%

Value ($000) $58 Shares 500 Est. Cost — Unrealized —

SHW SHERWIN WILLIAMS CO 0.0%

Value ($000) $42 Shares 2,400 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.0%

Value ($000) $33 Shares 5,400 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $4 Shares 4,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	8,197,805	$79,273	15.4%	$13.79	-31.3%	COM	13321L108
KGC	KINROSS GOLD CORP	10,932,936	$46,355	9.0%	$3.14	+36.1%	COM NO PAR	496902404
WPM	WHEATON PRECIOUS METALS CORP	2,330,934	$44,498	8.7%	$18.22	-3.2%	COM	962879102
—	TURQUOISE HILL RES LTD	11,826,791	$36,662	7.1%	$3.16	—	COM	900435108
—	MARATHON OIL CORP	2,530,870	$34,318	6.7%	$12.00	—	COM	565849106
—	BARRICK GOLD CORP	2,009,126	$32,326	6.3%	$12.53	—	COM	067901108
RGLD	ROYAL GOLD INC	350,235	$30,132	5.9%	$42.20	+105.1%	COM	780287108
NGD	NEW GOLD INC CDA	7,323,421	$27,170	5.3%	$3.23	+7.0%	COM	644535106
—	PANDORA MEDIA INC	3,106,003	$23,916	4.7%	$11.33	—	COM	698354107
KR	KROGER CO	1,138,882	$22,845	4.4%	$18.87	0.0%	COM	501044101
KT	KT CORP	1,566,298	$21,724	4.2%	$13.96	—	SPONSORED ADR	48268K101
—	TSAKOS ENERGY NAVIGATION LTD	4,795,350	$21,532	4.2%	$5.59	—	SHS	G9108L108
—	CLOUD PEAK ENERGY INC	4,464,339	$16,341	3.2%	$3.38	—	COM	18911Q102
—	GOLDCORP INC NEW	1,197,864	$15,523	3.0%	$13.32	—	COM	380956409
DSX	DIANA SHIPPING INC	4,081,208	$14,815	2.9%	$2.55	-8.1%	COM	Y2066G104
NBIS	YANDEX N V	399,286	$13,158	2.6%	$16.51	—	SHS CLASS A	N97284108
NG	NOVAGOLD RES INC	2,670,270	$11,001	2.1%	$3.74	+15.6%	COM NEW	66987E206
KBR	KBR INC	498,316	$8,911	1.7%	$13.30	+9.0%	COM	48242W106
—	CONSOL ENERGY INC	357,200	$6,051	1.2%	$16.94	—	COM	20854P109
NAK	NORTHERN DYNASTY MINERALS LT	3,088,909	$5,560	1.1%	$1.06	+49.5%	COM NEW	66510M204
—	SANDSTORM GOLD LTD	206,428	$937	0.2%	$4.20	—	COM NEW	80013R206
—	DIEBOLD NXDF INC	20,562	$470	0.1%	$22.86	—	COM	253651103
BIDU	BAIDU INC	1,883	$466	0.1%	$179.18	—	SPON ADR REP A	056752108
AMZN	AMAZON COM INC	1,400	$127	0.0%	—	—	Put	023135106
AZO	AUTOZONE INC	500	$58	0.0%	—	—	Put	053332102
SHW	SHERWIN WILLIAMS CO	2,400	$42	0.0%	—	—	Put	824348106
SBUX	STARBUCKS CORP	5,400	$33	0.0%	—	—	Put	855244109
HD	HOME DEPOT INC	4,400	$4	0.0%	—	—	Put	437076102