Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Aug 14, 2019

Total Value ($000): $586,076 (100.0% shares, 0.0% debt)

Holdings (27)

CCJ CAMECO CORP 19.8%

Value ($000) $116,277 Shares 10,836,651 Est. Cost $12.44 Unrealized -15.5%

KT KT CORP 15.0%

Value ($000) $87,765 Shares 7,094,985 Est. Cost $13.54 Unrealized —

— TURQUOISE HILL RES LTD 13.4%

Value ($000) $78,273 Shares 63,123,381 Est. Cost $1.96 Unrealized —

RRC RANGE RES CORP 13.3%

Value ($000) $78,238 Shares 11,208,853 Est. Cost $13.00 Unrealized -33.2%

WPM Wheaton Precious Metals Corp 12.6%

Value ($000) $73,706 Shares 3,048,228 Est. Cost $18.42 Unrealized +11.5%

NGD NEW GOLD INC CDA 6.4%

Value ($000) $37,595 Shares 39,108,151 Est. Cost $2.26 Unrealized -64.8%

NG NOVAGOLD RES INC 4.7%

Value ($000) $27,428 Shares 4,640,986 Est. Cost $3.87 Unrealized +10.3%

KEP KOREA ELECTRIC PWR 4.0%

Value ($000) $23,469 Shares 2,114,349 Est. Cost $11.10 Unrealized —

— TSAKOS ENERGY NAVIGATION LTD 3.3%

Value ($000) $19,482 Shares 5,921,679 Est. Cost $5.08 Unrealized —

DSX DIANA SHIPPING INC 2.8%

Value ($000) $16,294 Shares 4,922,793 Est. Cost $2.42 Unrealized -23.7%

— GENERAL ELECTRIC CO 2.2%

Value ($000) $13,175 Shares 1,254,783 Est. Cost $7.57 Unrealized —

NAK NORTHERN DYNASTY MINERALS LT 0.9%

Value ($000) $5,263 Shares 8,742,118 Est. Cost $0.90 Unrealized -41.9%

THM INTERNATIONAL TOWER HILL MIN 0.7%

Value ($000) $4,386 Shares 7,829,912 Est. Cost $0.48 Unrealized +4.2%

RGLD ROYAL GOLD INC 0.5%

Value ($000) $3,046 Shares 29,723 Est. Cost $48.70 Unrealized +85.0%

EEM ISHARES TR 0.1%

Value ($000) $591 Shares 767,600 Est. Cost — Unrealized —

AXIA CENTRAIS ELETRICAS BRASILEIR 0.1%

Value ($000) $352 Shares 38,558 Est. Cost $3.72 Unrealized —

SSRM SSR MNG INC 0.0%

Value ($000) $195 Shares 14,276 Est. Cost $8.74 Unrealized +36.4%

KGC KINROSS GOLD CORP 0.0%

Value ($000) $131 Shares 33,669 Est. Cost $3.15 Unrealized +6.8%

AZO AUTOZONE INC 0.0%

Value ($000) $85 Shares 700 Est. Cost — Unrealized —

— TIFFANY & CO NEW 0.0%

Value ($000) $75 Shares 2,500 Est. Cost — Unrealized —

AAPL APPLE INC 0.0%

Value ($000) $70 Shares 7,800 Est. Cost — Unrealized —

LND BRASILAGRO BRAZILIAN AGRIC R 0.0%

Value ($000) $47 Shares 11,325 Est. Cost $3.45 Unrealized —

DPZ DOMINOS PIZZA INC 0.0%

Value ($000) $45 Shares 4,000 Est. Cost — Unrealized —

NKE NIKE INC 0.0%

Value ($000) $42 Shares 17,100 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.0%

Value ($000) $27 Shares 18,600 Est. Cost — Unrealized —

SLV ISHARES SILVER TRUST 0.0%

Value ($000) $12 Shares 135,600 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $7 Shares 4,200 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	10,836,651	$116,277	19.8%	$12.44	-15.5%	COM	13321L108
KT	KT CORP	7,094,985	$87,765	15.0%	$13.54	—	SPONSORED ADR	48268K101
—	TURQUOISE HILL RES LTD	63,123,381	$78,273	13.4%	$1.96	—	COM	900435108
RRC	RANGE RES CORP	11,208,853	$78,238	13.3%	$13.00	-33.2%	COM	75281A109
WPM	Wheaton Precious Metals Corp	3,048,228	$73,706	12.6%	$18.42	+11.5%	COM	962879102
NGD	NEW GOLD INC CDA	39,108,151	$37,595	6.4%	$2.26	-64.8%	COM	644535106
NG	NOVAGOLD RES INC	4,640,986	$27,428	4.7%	$3.87	+10.3%	COM NEW	66987E206
KEP	KOREA ELECTRIC PWR	2,114,349	$23,469	4.0%	$11.10	—	SPONSORED ADR	500631106
—	TSAKOS ENERGY NAVIGATION LTD	5,921,679	$19,482	3.3%	$5.08	—	SHS	G9108L108
DSX	DIANA SHIPPING INC	4,922,793	$16,294	2.8%	$2.42	-23.7%	COM	Y2066G104
—	GENERAL ELECTRIC CO	1,254,783	$13,175	2.2%	$7.57	—	COM	369604103
NAK	NORTHERN DYNASTY MINERALS LT	8,742,118	$5,263	0.9%	$0.90	-41.9%	COM NEW	66510M204
THM	INTERNATIONAL TOWER HILL MIN	7,829,912	$4,386	0.7%	$0.48	+4.2%	COM	46050R102
RGLD	ROYAL GOLD INC	29,723	$3,046	0.5%	$48.70	+85.0%	COM	780287108
EEM	ISHARES TR	767,600	$591	0.1%	—	—	Put	464287234
AXIA	CENTRAIS ELETRICAS BRASILEIR	38,558	$352	0.1%	$3.72	—	SPONSORED ADR	15234Q207
SSRM	SSR MNG INC	14,276	$195	0.0%	$8.74	+36.4%	COM	784730103
KGC	KINROSS GOLD CORP	33,669	$131	0.0%	$3.15	+6.8%	COM	496902404
AZO	AUTOZONE INC	700	$85	0.0%	—	—	Put	053332102
—	TIFFANY & CO NEW	2,500	$75	0.0%	—	—	Put	886547108
AAPL	APPLE INC	7,800	$70	0.0%	—	—	Put	037833100
LND	BRASILAGRO BRAZILIAN AGRIC R	11,325	$47	0.0%	$3.45	—	SPONSORED ADR	10554B104
DPZ	DOMINOS PIZZA INC	4,000	$45	0.0%	—	—	Put	25754A201
NKE	NIKE INC	17,100	$42	0.0%	—	—	Put	654106103
SBUX	STARBUCKS CORP	18,600	$27	0.0%	—	—	Put	855244109
SLV	ISHARES SILVER TRUST	135,600	$12	0.0%	—	—	Call	46428Q109
HD	HOME DEPOT INC	4,200	$7	0.0%	—	—	Put	437076102