Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q2 2018 (← Previous) (Next →)

Filing Date: Aug 14, 2018

Total Value ($000): $678,034 (100.0% shares, 0.0% debt)

Holdings (32)

CCJ CAMECO CORP 17.6%

Value ($000) $119,673 Shares 10,637,557 Est. Cost $12.72 Unrealized -16.8%

RRC RANGE RES CORP 12.1%

Value ($000) $82,381 Shares 4,924,176 Est. Cost $14.95 Unrealized +1.2%

WPM Wheaton Precious Metals Corp 10.3%

Value ($000) $69,933 Shares 3,170,124 Est. Cost $18.38 Unrealized +6.4%

KT KT CORP 9.4%

Value ($000) $64,062 Shares 4,823,925 Est. Cost $14.04 Unrealized —

— BARRICK GOLD CORP 9.2%

Value ($000) $62,083 Shares 4,728,330 Est. Cost $13.19 Unrealized —

NGD NEW GOLD INC CDA 8.2%

Value ($000) $55,755 Shares 26,805,125 Est. Cost $2.76 Unrealized -16.3%

— TURQUOISE HILL RES LTD 5.7%

Value ($000) $38,518 Shares 13,562,804 Est. Cost $3.15 Unrealized —

— DIEBOLD NXDF INC 4.9%

Value ($000) $33,549 Shares 2,807,462 Est. Cost $14.48 Unrealized —

DSX DIANA SHIPPING INC 4.4%

Value ($000) $29,780 Shares 6,191,345 Est. Cost $2.50 Unrealized -2.3%

KGC KINROSS GOLD CORP 4.0%

Value ($000) $26,958 Shares 7,169,635 Est. Cost $3.15 Unrealized +19.1%

— TSAKOS ENERGY NAVIGATION LTD 3.5%

Value ($000) $23,687 Shares 6,367,539 Est. Cost $5.08 Unrealized —

— GOLDCORP INC NEW 2.8%

Value ($000) $18,897 Shares 1,378,351 Est. Cost $13.33 Unrealized —

— CLOUD PEAK ENERGY INC 2.6%

Value ($000) $17,416 Shares 4,990,128 Est. Cost $3.32 Unrealized —

NG NOVAGOLD RES INC 2.5%

Value ($000) $16,981 Shares 3,815,873 Est. Cost $3.82 Unrealized +22.7%

— PANDORA MEDIA INC 1.0%

Value ($000) $6,475 Shares 821,761 Est. Cost $8.03 Unrealized —

THM INTERNATIONAL TOWER HILL MIN 0.6%

Value ($000) $3,953 Shares 7,829,912 Est. Cost $0.48 Unrealized +31.0%

NAK NORTHERN DYNASTY MINERALS LT 0.4%

Value ($000) $2,635 Shares 4,864,628 Est. Cost $1.05 Unrealized -31.2%

RGLD ROYAL GOLD INC 0.4%

Value ($000) $2,413 Shares 25,993 Est. Cost $42.20 Unrealized +112.0%

— SANDSTORM GOLD LTD 0.1%

Value ($000) $932 Shares 207,085 Est. Cost $4.54 Unrealized —

EEM ISHARES TR 0.1%

Value ($000) $664 Shares 694,400 Est. Cost — Unrealized —

AXIA CENTRAIS ELETRICAS BRASILEIR 0.1%

Value ($000) $439 Shares 136,888 Est. Cost $3.21 Unrealized —

ABBV ABBVIE INC 0.0%

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

SSRM SSR MNG INC 0.0%

Value ($000) $179 Shares 18,180 Est. Cost $8.74 Unrealized +16.5%

AZO AUTOZONE INC 0.0%

Value ($000) $92 Shares 800 Est. Cost — Unrealized —

DPZ DOMINOS PIZZA INC 0.0%

Value ($000) $82 Shares 4,000 Est. Cost — Unrealized —

— TIFFANY & CO NEW 0.0%

Value ($000) $71 Shares 6,700 Est. Cost — Unrealized —

LND BRASILAGRO BRAZILIAN AGRIC R 0.0%

Value ($000) $46 Shares 13,333 Est. Cost $3.45 Unrealized —

AAPL APPLE INC 0.0%

Value ($000) $39 Shares 5,100 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.0%

Value ($000) $36 Shares 5,400 Est. Cost — Unrealized —

NKE NIKE INC 0.0%

Value ($000) $32 Shares 9,700 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $20 Shares 3,400 Est. Cost — Unrealized —

AMZN AMAZON COM INC 0.0%

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

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	10,637,557	$119,673	17.6%	$12.72	-16.8%	COM	13321L108
RRC	RANGE RES CORP	4,924,176	$82,381	12.1%	$14.95	+1.2%	COM	75281A109
WPM	Wheaton Precious Metals Corp	3,170,124	$69,933	10.3%	$18.38	+6.4%	COM	962879102
KT	KT CORP	4,823,925	$64,062	9.4%	$14.04	—	SPONSORED ADR	48268K101
—	BARRICK GOLD CORP	4,728,330	$62,083	9.2%	$13.19	—	COM	067901108
NGD	NEW GOLD INC CDA	26,805,125	$55,755	8.2%	$2.76	-16.3%	COM	644535106
—	TURQUOISE HILL RES LTD	13,562,804	$38,518	5.7%	$3.15	—	COM	900435108
—	DIEBOLD NXDF INC	2,807,462	$33,549	4.9%	$14.48	—	COM	253651103
DSX	DIANA SHIPPING INC	6,191,345	$29,780	4.4%	$2.50	-2.3%	COM	Y2066G104
KGC	KINROSS GOLD CORP	7,169,635	$26,958	4.0%	$3.15	+19.1%	COM NO PAR	496902404
—	TSAKOS ENERGY NAVIGATION LTD	6,367,539	$23,687	3.5%	$5.08	—	SHS	G9108L108
—	GOLDCORP INC NEW	1,378,351	$18,897	2.8%	$13.33	—	COM	380956409
—	CLOUD PEAK ENERGY INC	4,990,128	$17,416	2.6%	$3.32	—	COM	18911Q102
NG	NOVAGOLD RES INC	3,815,873	$16,981	2.5%	$3.82	+22.7%	COM NEW	66987E206
—	PANDORA MEDIA INC	821,761	$6,475	1.0%	$8.03	—	COM	698354107
THM	INTERNATIONAL TOWER HILL MIN	7,829,912	$3,953	0.6%	$0.48	+31.0%	COM	46050R102
NAK	NORTHERN DYNASTY MINERALS LT	4,864,628	$2,635	0.4%	$1.05	-31.2%	COM NEW	66510M204
RGLD	ROYAL GOLD INC	25,993	$2,413	0.4%	$42.20	+112.0%	COM	780287108
—	SANDSTORM GOLD LTD	207,085	$932	0.1%	$4.54	—	COM NEW	80013R206
EEM	ISHARES TR	694,400	$664	0.1%	—	—	Put	464287234
AXIA	CENTRAIS ELETRICAS BRASILEIR	136,888	$439	0.1%	$3.21	—	SPONSORED ADR	15234Q207
ABBV	ABBVIE INC	9,200	$252	0.0%	—	—	Put	00287Y109
SSRM	SSR MNG INC	18,180	$179	0.0%	$8.74	+16.5%	COM	784730103
AZO	AUTOZONE INC	800	$92	0.0%	—	—	Put	053332102
DPZ	DOMINOS PIZZA INC	4,000	$82	0.0%	—	—	Put	25754A201
—	TIFFANY & CO NEW	6,700	$71	0.0%	—	—	Put	886547108
LND	BRASILAGRO BRAZILIAN AGRIC R	13,333	$46	0.0%	$3.45	—	SPONSORED ADR	10554B104
AAPL	APPLE INC	5,100	$39	0.0%	—	—	Put	037833100
SBUX	STARBUCKS CORP	5,400	$36	0.0%	—	—	Put	855244109
NKE	NIKE INC	9,700	$32	0.0%	—	—	Put	654106103
HD	HOME DEPOT INC	3,400	$20	0.0%	—	—	Put	437076102
AMZN	AMAZON COM INC	1,600	$1	0.0%	—	—	Put	023135106