Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 11, 2021

Total Value ($000): $888,537 (100.0% shares, 0.0% debt)

Holdings (22)

CCJ CAMECO CORP 18.3%

Value ($000) $163,008 Shares 9,813,830 Est. Cost $12.04 Unrealized +26.0%

— TURQUOISE HILL RES LTD 16.0%

Value ($000) $142,565 Shares 8,860,499 Est. Cost $12.70 Unrealized —

— SOUTHWESTERN ENERGY CO 10.7%

Value ($000) $95,278 Shares 20,489,823 Est. Cost $2.12 Unrealized —

KT KT CORP 9.6%

Value ($000) $84,958 Shares 6,829,391 Est. Cost $12.79 Unrealized —

RRC RANGE RES CORP 9.4%

Value ($000) $83,312 Shares 8,065,008 Est. Cost $12.06 Unrealized -19.5%

WPM WHEATON PRECIOUS METALS CORP 7.2%

Value ($000) $63,555 Shares 1,663,305 Est. Cost $29.92 Unrealized +25.3%

SII SPROTT INC 6.1%

Value ($000) $53,878 Shares 1,418,266 Est. Cost $31.53 Unrealized -1.8%

NG NOVAGOLD RES INC 4.1%

Value ($000) $36,416 Shares 4,157,115 Est. Cost $6.36 Unrealized +43.4%

SA SEABRIDGE GOLD INC 3.6%

Value ($000) $32,128 Shares 1,986,896 Est. Cost $19.11 Unrealized -2.5%

RGLD ROYAL GOLD INC 2.8%

Value ($000) $24,579 Shares 228,388 Est. Cost $108.28 Unrealized -1.5%

NGD NEW GOLD INC CDA 2.0%

Value ($000) $17,615 Shares 11,438,464 Est. Cost $2.12 Unrealized -14.7%

NAK NORTHERN DYNASTY MINERALS LT 1.9%

Value ($000) $16,979 Shares 26,781,401 Est. Cost $0.88 Unrealized -25.8%

KEP KOREA ELECTRIC PWR 1.9%

Value ($000) $16,837 Shares 1,641,029 Est. Cost $10.92 Unrealized —

EMBJ EMBRAER S.A. 1.9%

Value ($000) $16,527 Shares 1,651,097 Est. Cost $6.72 Unrealized —

THM INTERNATIONAL TOWER HILL MIN 1.3%

Value ($000) $11,583 Shares 10,825,477 Est. Cost $0.79 Unrealized +62.4%

TEN TSAKOS ENERGY NAVIGATION LTD 1.2%

Value ($000) $10,984 Shares 1,159,909 Est. Cost $8.81 Unrealized +4.9%

IAG IAMGOLD CORP 1.1%

Value ($000) $10,083 Shares 3,383,506 Est. Cost $3.52 Unrealized -6.0%

DSX DIANA SHIPPING INC 0.8%

Value ($000) $7,119 Shares 2,380,927 Est. Cost $1.96 Unrealized -16.1%

AER AERCAP HOLDINGS NV 0.1%

Value ($000) $839 Shares 14,284 Est. Cost $28.53 Unrealized +68.0%

SLV ISHARES SILVER TR 0.0%

Value ($000) $208 Shares 431,900 Est. Cost — Unrealized —

NKE NIKE INC 0.0%

Value ($000) $49 Shares 6,900 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.0%

Value ($000) $37 Shares 900 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	9,813,830	$163,008	18.3%	$12.04	+26.0%	COM	13321L108
—	TURQUOISE HILL RES LTD	8,860,499	$142,565	16.0%	$12.70	—	COM	900435207
—	SOUTHWESTERN ENERGY CO	20,489,823	$95,278	10.7%	$2.12	—	COM	845467109
KT	KT CORP	6,829,391	$84,958	9.6%	$12.79	—	SPONSORED ADR	48268K101
RRC	RANGE RES CORP	8,065,008	$83,312	9.4%	$12.06	-19.5%	COM	75281A109
WPM	WHEATON PRECIOUS METALS CORP	1,663,305	$63,555	7.2%	$29.92	+25.3%	COM	962879102
SII	SPROTT INC	1,418,266	$53,878	6.1%	$31.53	-1.8%	COM NEW	852066208
NG	NOVAGOLD RES INC	4,157,115	$36,416	4.1%	$6.36	+43.4%	COM NEW	66987E206
SA	SEABRIDGE GOLD INC	1,986,896	$32,128	3.6%	$19.11	-2.5%	COM	811916105
RGLD	ROYAL GOLD INC	228,388	$24,579	2.8%	$108.28	-1.5%	COM	780287108
NGD	NEW GOLD INC CDA	11,438,464	$17,615	2.0%	$2.12	-14.7%	COM	644535106
NAK	NORTHERN DYNASTY MINERALS LT	26,781,401	$16,979	1.9%	$0.88	-25.8%	COM NEW	66510M204
KEP	KOREA ELECTRIC PWR	1,641,029	$16,837	1.9%	$10.92	—	SPONSORED ADR	500631106
EMBJ	EMBRAER S.A.	1,651,097	$16,527	1.9%	$6.72	—	SPONSORED ADS	29082A107
THM	INTERNATIONAL TOWER HILL MIN	10,825,477	$11,583	1.3%	$0.79	+62.4%	COM	46050R102
TEN	TSAKOS ENERGY NAVIGATION LTD	1,159,909	$10,984	1.2%	$8.81	+4.9%	SHS	G9108L173
IAG	IAMGOLD CORP	3,383,506	$10,083	1.1%	$3.52	-6.0%	COM	450913108
DSX	DIANA SHIPPING INC	2,380,927	$7,119	0.8%	$1.96	-16.1%	COM	Y2066G104
AER	AERCAP HOLDINGS NV	14,284	$839	0.1%	$28.53	+68.0%	SHS	N00985106
SLV	ISHARES SILVER TR	431,900	$208	0.0%	—	—	Call	46428Q109
NKE	NIKE INC	6,900	$49	0.0%	—	—	Put	654106103
AZO	AUTOZONE INC	900	$37	0.0%	—	—	Put	053332102