Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value ($000): $535,398 (100.0% shares, 0.0% debt)

Holdings (32)

CCJ CAMECO CORP 21.0%

Value ($000) $112,626 Shares 9,879,462 Est. Cost $12.72 Unrealized -19.7%

RRC RANGE RES CORP 14.5%

Value ($000) $77,660 Shares 4,570,901 Est. Cost $14.95 Unrealized +7.4%

KT KT CORP 14.2%

Value ($000) $75,914 Shares 5,112,059 Est. Cost $14.09 Unrealized —

WPM Wheaton Precious Metals Corp 10.4%

Value ($000) $55,485 Shares 3,170,568 Est. Cost $18.38 Unrealized -4.8%

— TURQUOISE HILL RES LTD 9.6%

Value ($000) $51,617 Shares 24,347,793 Est. Cost $2.70 Unrealized —

NGD NEW GOLD INC CDA 5.3%

Value ($000) $28,161 Shares 35,499,116 Est. Cost $2.40 Unrealized -46.4%

DSX DIANA SHIPPING INC 4.7%

Value ($000) $25,296 Shares 6,139,735 Est. Cost $2.50 Unrealized +0.6%

— TSAKOS ENERGY NAVIGATION LTD 4.0%

Value ($000) $21,586 Shares 6,367,539 Est. Cost $5.08 Unrealized —

— DIEBOLD NXDF INC 3.3%

Value ($000) $17,604 Shares 3,912,048 Est. Cost $11.67 Unrealized —

KGC KINROSS GOLD CORP 3.1%

Value ($000) $16,650 Shares 6,166,641 Est. Cost $3.15 Unrealized +2.7%

— GOLDCORP INC NEW 2.6%

Value ($000) $13,730 Shares 1,346,064 Est. Cost $13.33 Unrealized —

NG NOVAGOLD RES INC 2.3%

Value ($000) $12,330 Shares 3,323,499 Est. Cost $3.82 Unrealized +5.5%

— CLOUD PEAK ENERGY INC 2.0%

Value ($000) $10,907 Shares 4,742,078 Est. Cost $3.32 Unrealized —

— BARRICK GOLD CORP 0.8%

Value ($000) $4,529 Shares 408,711 Est. Cost $13.19 Unrealized —

THM INTERNATIONAL TOWER HILL MIN 0.7%

Value ($000) $3,740 Shares 7,829,912 Est. Cost $0.48 Unrealized +0.5%

NAK NORTHERN DYNASTY MINERALS LT 0.5%

Value ($000) $2,911 Shares 5,197,525 Est. Cost $1.02 Unrealized -46.8%

RGLD ROYAL GOLD INC 0.4%

Value ($000) $2,390 Shares 31,014 Est. Cost $48.70 Unrealized +69.0%

EEM ISHARES TR 0.2%

Value ($000) $1,075 Shares 659,400 Est. Cost — Unrealized —

AXIA CENTRAIS ELETRICAS BRASILEIR 0.1%

Value ($000) $497 Shares 127,710 Est. Cost $3.21 Unrealized —

SSRM SSR MNG INC 0.0%

Value ($000) $158 Shares 18,180 Est. Cost $8.74 Unrealized +8.1%

ABBV ABBVIE INC 0.0%

Value ($000) $108 Shares 4,300 Est. Cost — Unrealized —

— TIFFANY & CO NEW 0.0%

Value ($000) $82 Shares 6,700 Est. Cost — Unrealized —

SLV ISHARES SILVER TRUST 0.0%

Value ($000) $66 Shares 251,800 Est. Cost — Unrealized —

DPZ DOMINOS PIZZA INC 0.0%

Value ($000) $60 Shares 4,000 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.0%

Value ($000) $53 Shares 800 Est. Cost — Unrealized —

— SANDSTORM GOLD LTD 0.0%

Value ($000) $48 Shares 12,921 Est. Cost $4.54 Unrealized —

LND BRASILAGRO BRAZILIAN AGRIC R 0.0%

Value ($000) $44 Shares 13,333 Est. Cost $3.45 Unrealized —

NKE NIKE INC 0.0%

Value ($000) $23 Shares 9,700 Est. Cost — Unrealized —

AAPL APPLE INC 0.0%

Value ($000) $20 Shares 5,100 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.0%

Value ($000) $14 Shares 5,400 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $13 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	9,879,462	$112,626	21.0%	$12.72	-19.7%	COM	13321L108
RRC	RANGE RES CORP	4,570,901	$77,660	14.5%	$14.95	+7.4%	COM	75281A109
KT	KT CORP	5,112,059	$75,914	14.2%	$14.09	—	SPONSORED ADR	48268K101
WPM	Wheaton Precious Metals Corp	3,170,568	$55,485	10.4%	$18.38	-4.8%	COM	962879102
—	TURQUOISE HILL RES LTD	24,347,793	$51,617	9.6%	$2.70	—	COM	900435108
NGD	NEW GOLD INC CDA	35,499,116	$28,161	5.3%	$2.40	-46.4%	COM	644535106
DSX	DIANA SHIPPING INC	6,139,735	$25,296	4.7%	$2.50	+0.6%	COM	Y2066G104
—	TSAKOS ENERGY NAVIGATION LTD	6,367,539	$21,586	4.0%	$5.08	—	SHS	G9108L108
—	DIEBOLD NXDF INC	3,912,048	$17,604	3.3%	$11.67	—	COM	253651103
KGC	KINROSS GOLD CORP	6,166,641	$16,650	3.1%	$3.15	+2.7%	COM NO PAR	496902404
—	GOLDCORP INC NEW	1,346,064	$13,730	2.6%	$13.33	—	COM	380956409
NG	NOVAGOLD RES INC	3,323,499	$12,330	2.3%	$3.82	+5.5%	COM NEW	66987E206
—	CLOUD PEAK ENERGY INC	4,742,078	$10,907	2.0%	$3.32	—	COM	18911Q102
—	BARRICK GOLD CORP	408,711	$4,529	0.8%	$13.19	—	COM	067901108
THM	INTERNATIONAL TOWER HILL MIN	7,829,912	$3,740	0.7%	$0.48	+0.5%	COM	46050R102
NAK	NORTHERN DYNASTY MINERALS LT	5,197,525	$2,911	0.5%	$1.02	-46.8%	COM NEW	66510M204
RGLD	ROYAL GOLD INC	31,014	$2,390	0.4%	$48.70	+69.0%	COM	780287108
EEM	ISHARES TR	659,400	$1,075	0.2%	—	—	Put	464287234
AXIA	CENTRAIS ELETRICAS BRASILEIR	127,710	$497	0.1%	$3.21	—	SPONSORED ADR	15234Q207
SSRM	SSR MNG INC	18,180	$158	0.0%	$8.74	+8.1%	COM	784730103
ABBV	ABBVIE INC	4,300	$108	0.0%	—	—	Put	00287Y109
—	TIFFANY & CO NEW	6,700	$82	0.0%	—	—	Put	886547108
SLV	ISHARES SILVER TRUST	251,800	$66	0.0%	—	—	Call	46428Q109
DPZ	DOMINOS PIZZA INC	4,000	$60	0.0%	—	—	Put	25754A201
AZO	AUTOZONE INC	800	$53	0.0%	—	—	Put	053332102
—	SANDSTORM GOLD LTD	12,921	$48	0.0%	$4.54	—	COM NEW	80013R206
LND	BRASILAGRO BRAZILIAN AGRIC R	13,333	$44	0.0%	$3.45	—	SPONSORED ADR	10554B104
NKE	NIKE INC	9,700	$23	0.0%	—	—	Put	654106103
AAPL	APPLE INC	5,100	$20	0.0%	—	—	Put	037833100
SBUX	STARBUCKS CORP	5,400	$14	0.0%	—	—	Put	855244109
HD	HOME DEPOT INC	3,400	$13	0.0%	—	—	Put	437076102
AMZN	AMAZON COM INC	1,600	$1	0.0%	—	—	Put	023135106