Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: May 15, 2018

Total Value ($000): $475,847 (100.0% shares, 0.0% debt)

Holdings (27)

CCJ CAMECO CORP 14.8%

Value ($000) $70,484 Shares 7,745,455 Est. Cost $14.04 Unrealized -32.9%

KGC KINROSS GOLD CORP 11.4%

Value ($000) $54,348 Shares 13,353,385 Est. Cost $3.14 Unrealized +26.7%

WPM WHEATON PRECIOUS METALS CORP 9.3%

Value ($000) $44,305 Shares 2,227,504 Est. Cost $18.25 Unrealized 0.0%

RGLD ROYAL GOLD INC 8.9%

Value ($000) $42,345 Shares 541,688 Est. Cost $42.20 Unrealized +78.4%

— BARRICK GOLD CORP 6.4%

Value ($000) $30,378 Shares 1,909,435 Est. Cost $12.34 Unrealized —

— TURQUOISE HILL RES LTD 6.2%

Value ($000) $29,581 Shares 11,162,361 Est. Cost $3.17 Unrealized —

— PANDORA MEDIA INC 5.8%

Value ($000) $27,771 Shares 3,113,284 Est. Cost $11.33 Unrealized —

— MARATHON OIL CORP 5.8%

Value ($000) $27,438 Shares 2,315,459 Est. Cost $11.85 Unrealized —

— TSAKOS ENERGY NAVIGATION LTD 4.0%

Value ($000) $19,114 Shares 3,981,810 Est. Cost $5.81 Unrealized —

NGD NEW GOLD INC CDA 4.0%

Value ($000) $19,037 Shares 5,986,053 Est. Cost $3.18 Unrealized -5.6%

NBIS YANDEX N V 3.5%

Value ($000) $16,567 Shares 631,412 Est. Cost $16.51 Unrealized —

KT KT CORP 3.2%

Value ($000) $15,385 Shares 924,538 Est. Cost $14.03 Unrealized —

DSX DIANA SHIPPING INC 3.2%

Value ($000) $15,339 Shares 3,778,002 Est. Cost $2.56 Unrealized -4.6%

— CLOUD PEAK ENERGY INC 3.2%

Value ($000) $15,166 Shares 4,296,361 Est. Cost $3.37 Unrealized —

— HOLLYSYS AUTOMATION TECHNOLO 2.3%

Value ($000) $10,846 Shares 652,970 Est. Cost $16.92 Unrealized —

KBR KBR INC 2.2%

Value ($000) $10,690 Shares 702,328 Est. Cost $13.30 Unrealized -0.7%

NG NOVAGOLD RES INC 2.2%

Value ($000) $10,392 Shares 2,278,827 Est. Cost $3.64 Unrealized +18.2%

— GOLDCORP INC NEW 2.1%

Value ($000) $10,035 Shares 777,380 Est. Cost $13.51 Unrealized —

NAK NORTHERN DYNASTY MINERALS LT 0.9%

Value ($000) $4,293 Shares 3,088,909 Est. Cost $1.06 Unrealized +51.4%

NTPIF NAM TAI PPTY INC 0.2%

Value ($000) $1,130 Shares 141,377 Est. Cost $5.73 Unrealized +32.9%

BIDU BAIDU INC 0.1%

Value ($000) $413 Shares 2,305 Est. Cost $179.18 Unrealized —

— SANDSTORM GOLD LTD 0.1%

Value ($000) $405 Shares 104,579 Est. Cost $3.87 Unrealized —

AMZN AMAZON COM INC 0.0%

Value ($000) $133 Shares 1,300 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.0%

Value ($000) $113 Shares 800 Est. Cost — Unrealized —

ULTA ULTA BEAUTY INC 0.0%

Value ($000) $95 Shares 4,200 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.0%

Value ($000) $31 Shares 5,400 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $13 Shares 4,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	7,745,455	$70,484	14.8%	$14.04	-32.9%	COM	13321L108
KGC	KINROSS GOLD CORP	13,353,385	$54,348	11.4%	$3.14	+26.7%	COM NO PAR	496902404
WPM	WHEATON PRECIOUS METALS CORP	2,227,504	$44,305	9.3%	$18.25	0.0%	COM	962879102
RGLD	ROYAL GOLD INC	541,688	$42,345	8.9%	$42.20	+78.4%	COM	780287108
—	BARRICK GOLD CORP	1,909,435	$30,378	6.4%	$12.34	—	COM	067901108
—	TURQUOISE HILL RES LTD	11,162,361	$29,581	6.2%	$3.17	—	COM	900435108
—	PANDORA MEDIA INC	3,113,284	$27,771	5.8%	$11.33	—	COM	698354107
—	MARATHON OIL CORP	2,315,459	$27,438	5.8%	$11.85	—	COM	565849106
—	TSAKOS ENERGY NAVIGATION LTD	3,981,810	$19,114	4.0%	$5.81	—	SHS	G9108L108
NGD	NEW GOLD INC CDA	5,986,053	$19,037	4.0%	$3.18	-5.6%	COM	644535106
NBIS	YANDEX N V	631,412	$16,567	3.5%	$16.51	—	SHS CLASS A	N97284108
KT	KT CORP	924,538	$15,385	3.2%	$14.03	—	SPONSORED ADR	48268K101
DSX	DIANA SHIPPING INC	3,778,002	$15,339	3.2%	$2.56	-4.6%	COM	Y2066G104
—	CLOUD PEAK ENERGY INC	4,296,361	$15,166	3.2%	$3.37	—	COM	18911Q102
—	HOLLYSYS AUTOMATION TECHNOLO	652,970	$10,846	2.3%	$16.92	—	SHS	G45667105
KBR	KBR INC	702,328	$10,690	2.2%	$13.30	-0.7%	COM	48242W106
NG	NOVAGOLD RES INC	2,278,827	$10,392	2.2%	$3.64	+18.2%	COM NEW	66987E206
—	GOLDCORP INC NEW	777,380	$10,035	2.1%	$13.51	—	COM	380956409
NAK	NORTHERN DYNASTY MINERALS LT	3,088,909	$4,293	0.9%	$1.06	+51.4%	COM NEW	66510M204
NTPIF	NAM TAI PPTY INC	141,377	$1,130	0.2%	$5.73	+32.9%	SHS	G63907102
BIDU	BAIDU INC	2,305	$413	0.1%	$179.18	—	SPON ADR REP A	056752108
—	SANDSTORM GOLD LTD	104,579	$405	0.1%	$3.87	—	COM NEW	80013R206
AMZN	AMAZON COM INC	1,300	$133	0.0%	—	—	Put	023135106
AZO	AUTOZONE INC	800	$113	0.0%	—	—	Put	053332102
ULTA	ULTA BEAUTY INC	4,200	$95	0.0%	—	—	Put	90384S303
SBUX	STARBUCKS CORP	5,400	$31	0.0%	—	—	Put	855244109
HD	HOME DEPOT INC	4,400	$13	0.0%	—	—	Put	437076102