Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 12, 2020

Total Value ($000): $644,808 (100.0% shares, 0.0% debt)

Holdings (26)

CCJ CAMECO CORP 18.1%

Value ($000) $116,956 Shares 11,579,830 Est. Cost $12.04 Unrealized -11.7%

KT KT CORP 12.4%

Value ($000) $79,753 Shares 8,298,996 Est. Cost $12.89 Unrealized —

— TURQUOISE HILL RES LTD 11.8%

Value ($000) $76,351 Shares 90,527,876 Est. Cost $1.56 Unrealized —

— SOUTHWESTERN ENERGY CO 10.4%

Value ($000) $67,114 Shares 28,558,944 Est. Cost $2.12 Unrealized —

RRC RANGE RES CORP 9.5%

Value ($000) $61,328 Shares 9,264,074 Est. Cost $12.06 Unrealized -39.9%

WPM WHEATON PRECIOUS METALS CORP 5.8%

Value ($000) $37,184 Shares 757,768 Est. Cost $18.42 Unrealized +160.4%

NGD NEW GOLD INC CDA 5.7%

Value ($000) $37,063 Shares 21,801,974 Est. Cost $2.12 Unrealized -24.2%

SII SPROTT INC 4.5%

Value ($000) $28,961 Shares 848,460 Est. Cost $34.23 Unrealized 0.0%

NG NOVAGOLD RES INC 4.2%

Value ($000) $26,840 Shares 2,257,346 Est. Cost $3.87 Unrealized +152.0%

— GENERAL ELECTRIC CO 4.1%

Value ($000) $26,431 Shares 4,242,586 Est. Cost $7.39 Unrealized —

NAK NORTHERN DYNASTY MINERALS LT 3.3%

Value ($000) $21,168 Shares 21,591,412 Est. Cost $0.92 Unrealized +49.6%

KEP KOREA ELECTRIC PWR 3.0%

Value ($000) $19,192 Shares 2,203,475 Est. Cost $10.98 Unrealized —

THM INTERNATIONAL TOWER HILL MIN 1.4%

Value ($000) $9,186 Shares 6,906,947 Est. Cost $0.50 Unrealized +211.3%

DSX DIANA SHIPPING INC 1.3%

Value ($000) $8,440 Shares 5,985,759 Est. Cost $2.02 Unrealized -58.3%

TEN TSAKOS ENERGY NAVIGATION LTD 1.3%

Value ($000) $8,219 Shares 1,037,733 Est. Cost $8.81 Unrealized 0.0%

EMBJ EMBRAER S.A. 0.9%

Value ($000) $5,841 Shares 1,324,424 Est. Cost $6.66 Unrealized —

BEN FRANKLIN RESOURCES INC 0.8%

Value ($000) $5,304 Shares 260,630 Est. Cost $14.28 Unrealized +12.6%

SA SEABRIDGE GOLD INC 0.8%

Value ($000) $5,271 Shares 280,689 Est. Cost $18.75 Unrealized 0.0%

RGLD ROYAL GOLD INC 0.4%

Value ($000) $2,742 Shares 22,820 Est. Cost $66.09 Unrealized +98.7%

AER AERCAP HOLDINGS NV 0.2%

Value ($000) $1,004 Shares 39,876 Est. Cost $28.53 Unrealized 0.0%

SLV ISHARES SILVER TR 0.0%

Value ($000) $277 Shares 41,900 Est. Cost — Unrealized —

QSR RESTAURANT BRANDS INTL INC 0.0%

Value ($000) $109 Shares 7,000 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.0%

Value ($000) $31 Shares 700 Est. Cost — Unrealized —

SBUX STARBUCKS CORP 0.0%

Value ($000) $27 Shares 12,300 Est. Cost — Unrealized —

NKE NIKE INC 0.0%

Value ($000) $10 Shares 6,600 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $6 Shares 1,500 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	11,579,830	$116,956	18.1%	$12.04	-11.7%	COM	13321L108
KT	KT CORP	8,298,996	$79,753	12.4%	$12.89	—	SPONSORED ADR	48268K101
—	TURQUOISE HILL RES LTD	90,527,876	$76,351	11.8%	$1.56	—	COM	900435108
—	SOUTHWESTERN ENERGY CO	28,558,944	$67,114	10.4%	$2.12	—	COM	845467109
RRC	RANGE RES CORP	9,264,074	$61,328	9.5%	$12.06	-39.9%	COM	75281A109
WPM	WHEATON PRECIOUS METALS CORP	757,768	$37,184	5.8%	$18.42	+160.4%	COM	962879102
NGD	NEW GOLD INC CDA	21,801,974	$37,063	5.7%	$2.12	-24.2%	COM	644535106
SII	SPROTT INC	848,460	$28,961	4.5%	$34.23	0.0%	COM NEW	852066208
NG	NOVAGOLD RES INC	2,257,346	$26,840	4.2%	$3.87	+152.0%	COM NEW	66987E206
—	GENERAL ELECTRIC CO	4,242,586	$26,431	4.1%	$7.39	—	COM	369604103
NAK	NORTHERN DYNASTY MINERALS LT	21,591,412	$21,168	3.3%	$0.92	+49.6%	COM NEW	66510M204
KEP	KOREA ELECTRIC PWR	2,203,475	$19,192	3.0%	$10.98	—	SPONSORED ADR	500631106
THM	INTERNATIONAL TOWER HILL MIN	6,906,947	$9,186	1.4%	$0.50	+211.3%	COM	46050R102
DSX	DIANA SHIPPING INC	5,985,759	$8,440	1.3%	$2.02	-58.3%	COM	Y2066G104
TEN	TSAKOS ENERGY NAVIGATION LTD	1,037,733	$8,219	1.3%	$8.81	0.0%	SHS	G9108L173
EMBJ	EMBRAER S.A.	1,324,424	$5,841	0.9%	$6.66	—	SPONSORED ADS	29082A107
BEN	FRANKLIN RESOURCES INC	260,630	$5,304	0.8%	$14.28	+12.6%	COM	354613101
SA	SEABRIDGE GOLD INC	280,689	$5,271	0.8%	$18.75	0.0%	COM	811916105
RGLD	ROYAL GOLD INC	22,820	$2,742	0.4%	$66.09	+98.7%	COM	780287108
AER	AERCAP HOLDINGS NV	39,876	$1,004	0.2%	$28.53	0.0%	SHS	N00985106
SLV	ISHARES SILVER TR	41,900	$277	0.0%	—	—	Call	46428Q109
QSR	RESTAURANT BRANDS INTL INC	7,000	$109	0.0%	—	—	Put	76131D103
AZO	AUTOZONE INC	700	$31	0.0%	—	—	Put	053332102
SBUX	STARBUCKS CORP	12,300	$27	0.0%	—	—	Put	855244109
NKE	NIKE INC	6,600	$10	0.0%	—	—	Put	654106103
HD	HOME DEPOT INC	1,500	$6	0.0%	—	—	Put	437076102