Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: Feb 8, 2019

Total Value ($000): $533,363 (100.0% shares, 0.0% debt)

Holdings (32)

CCJ CAMECO CORP 20.2%

Value ($000) $107,900 Shares 9,506,584 Est. Cost $12.72 Unrealized -11.5%

KT KT CORP 12.7%

Value ($000) $67,793 Shares 4,767,462 Est. Cost $14.09 Unrealized —

RRC RANGE RES CORP 12.4%

Value ($000) $66,320 Shares 6,929,952 Est. Cost $15.03 Unrealized +1.1%

WPM Wheaton Precious Metals Corp 11.2%

Value ($000) $59,697 Shares 3,056,683 Est. Cost $18.38 Unrealized -14.9%

— TURQUOISE HILL RES LTD 10.6%

Value ($000) $56,606 Shares 34,306,926 Est. Cost $2.39 Unrealized —

— GENERAL ELECTRIC CO 8.5%

Value ($000) $45,315 Shares 5,986,175 Est. Cost $7.57 Unrealized —

NGD NEW GOLD INC CDA 5.2%

Value ($000) $27,790 Shares 36,721,036 Est. Cost $2.35 Unrealized -65.6%

DSX DIANA SHIPPING INC 3.5%

Value ($000) $18,844 Shares 5,925,677 Est. Cost $2.50 Unrealized -15.5%

— TSAKOS ENERGY NAVIGATION LTD 3.2%

Value ($000) $16,938 Shares 6,367,539 Est. Cost $5.08 Unrealized —

KGC KINROSS GOLD CORP 2.7%

Value ($000) $14,386 Shares 4,440,004 Est. Cost $3.15 Unrealized -11.3%

— GOLDCORP INC NEW 2.5%

Value ($000) $13,208 Shares 1,347,772 Est. Cost $13.33 Unrealized —

NG NOVAGOLD RES INC 2.4%

Value ($000) $12,788 Shares 3,237,530 Est. Cost $3.82 Unrealized +3.4%

— DIEBOLD NXDF INC 1.3%

Value ($000) $6,947 Shares 2,789,977 Est. Cost $11.67 Unrealized —

THM INTERNATIONAL TOWER HILL MIN 0.8%

Value ($000) $4,068 Shares 7,829,912 Est. Cost $0.48 Unrealized -1.0%

EEM ISHARES TR 0.7%

Value ($000) $3,656 Shares 589,100 Est. Cost — Unrealized —

NAK NORTHERN DYNASTY MINERALS LT 0.6%

Value ($000) $2,958 Shares 5,197,525 Est. Cost $1.02 Unrealized -41.0%

RGLD ROYAL GOLD INC 0.5%

Value ($000) $2,656 Shares 31,014 Est. Cost $48.70 Unrealized +58.1%

— CLOUD PEAK ENERGY INC 0.3%

Value ($000) $1,737 Shares 4,742,078 Est. Cost $3.32 Unrealized —

KEP KOREA ELECTRIC PWR 0.3%

Value ($000) $1,471 Shares 99,706 Est. Cost $14.75 Unrealized —

SLV ISHARES SILVER TRUST 0.2%

Value ($000) $948 Shares 251,800 Est. Cost — Unrealized —

AXIA CENTRAIS ELETRICAS BRASILEIR 0.1%

Value ($000) $420 Shares 66,089 Est. Cost $3.21 Unrealized —

SSRM SSR MNG INC 0.0%

Value ($000) $220 Shares 18,180 Est. Cost $8.74 Unrealized +21.3%

DPZ DOMINOS PIZZA INC 0.0%

Value ($000) $122 Shares 4,000 Est. Cost — Unrealized —

ABBV ABBVIE INC 0.0%

Value ($000) $116 Shares 4,300 Est. Cost — Unrealized —

— TIFFANY & CO NEW 0.0%

Value ($000) $109 Shares 2,500 Est. Cost — Unrealized —

AAPL APPLE INC 0.0%

Value ($000) $102 Shares 5,100 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.0%

Value ($000) $88 Shares 1,600 Est. Cost — Unrealized —

LND BRASILAGRO BRAZILIAN AGRIC R 0.0%

Value ($000) $53 Shares 13,166 Est. Cost $3.45 Unrealized —

NKE NIKE INC 0.0%

Value ($000) $44 Shares 9,700 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $40 Shares 3,400 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.0%

Value ($000) $22 Shares 10,200 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	9,506,584	$107,900	20.2%	$12.72	-11.5%	COM	13321L108
KT	KT CORP	4,767,462	$67,793	12.7%	$14.09	—	SPONSORED ADR	48268K101
RRC	RANGE RES CORP	6,929,952	$66,320	12.4%	$15.03	+1.1%	COM	75281A109
WPM	Wheaton Precious Metals Corp	3,056,683	$59,697	11.2%	$18.38	-14.9%	COM	962879102
—	TURQUOISE HILL RES LTD	34,306,926	$56,606	10.6%	$2.39	—	COM	900435108
—	GENERAL ELECTRIC CO	5,986,175	$45,315	8.5%	$7.57	—	COM	369604103
NGD	NEW GOLD INC CDA	36,721,036	$27,790	5.2%	$2.35	-65.6%	COM	644535106
DSX	DIANA SHIPPING INC	5,925,677	$18,844	3.5%	$2.50	-15.5%	COM	Y2066G104
—	TSAKOS ENERGY NAVIGATION LTD	6,367,539	$16,938	3.2%	$5.08	—	SHS	G9108L108
KGC	KINROSS GOLD CORP	4,440,004	$14,386	2.7%	$3.15	-11.3%	COM NO PAR	496902404
—	GOLDCORP INC NEW	1,347,772	$13,208	2.5%	$13.33	—	COM	380956409
NG	NOVAGOLD RES INC	3,237,530	$12,788	2.4%	$3.82	+3.4%	COM NEW	66987E206
—	DIEBOLD NXDF INC	2,789,977	$6,947	1.3%	$11.67	—	COM	253651103
THM	INTERNATIONAL TOWER HILL MIN	7,829,912	$4,068	0.8%	$0.48	-1.0%	COM	46050R102
EEM	ISHARES TR	589,100	$3,656	0.7%	—	—	Put	464287234
NAK	NORTHERN DYNASTY MINERALS LT	5,197,525	$2,958	0.6%	$1.02	-41.0%	COM NEW	66510M204
RGLD	ROYAL GOLD INC	31,014	$2,656	0.5%	$48.70	+58.1%	COM	780287108
—	CLOUD PEAK ENERGY INC	4,742,078	$1,737	0.3%	$3.32	—	COM	18911Q102
KEP	KOREA ELECTRIC PWR	99,706	$1,471	0.3%	$14.75	—	SPONSORED ADR	500631106
SLV	ISHARES SILVER TRUST	251,800	$948	0.2%	—	—	Call	46428Q109
AXIA	CENTRAIS ELETRICAS BRASILEIR	66,089	$420	0.1%	$3.21	—	SPONSORED ADR	15234Q207
SSRM	SSR MNG INC	18,180	$220	0.0%	$8.74	+21.3%	COM	784730103
DPZ	DOMINOS PIZZA INC	4,000	$122	0.0%	—	—	Put	25754A201
ABBV	ABBVIE INC	4,300	$116	0.0%	—	—	Put	00287Y109
—	TIFFANY & CO NEW	2,500	$109	0.0%	—	—	Put	886547108
AAPL	APPLE INC	5,100	$102	0.0%	—	—	Put	037833100
AZO	AUTOZONE INC	1,600	$88	0.0%	—	—	Put	053332102
LND	BRASILAGRO BRAZILIAN AGRIC R	13,166	$53	0.0%	$3.45	—	SPONSORED ADR	10554B104
NKE	NIKE INC	9,700	$44	0.0%	—	—	Put	654106103
HD	HOME DEPOT INC	3,400	$40	0.0%	—	—	Put	437076102
SBUX	STARBUCKS CORP	10,200	$22	0.0%	—	—	Put	855244109
AMZN	AMAZON COM INC	1,600	$1	0.0%	—	—	Put	023135106