Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 16, 2021

Total Value ($000): $954,011 (100.0% shares, 0.0% debt)

Holdings (21)

CCJ CAMECO CORP 18.4%

Value ($000) $175,798 Shares 9,165,688 Est. Cost $12.04 Unrealized +54.8%

— TURQUOISE HILL RES LTD 17.8%

Value ($000) $169,627 Shares 10,054,956 Est. Cost $13.20 Unrealized —

KT KT CORP 10.1%

Value ($000) $96,244 Shares 6,899,205 Est. Cost $12.81 Unrealized —

— SOUTHWESTERN ENERGY CO 9.7%

Value ($000) $92,083 Shares 16,240,312 Est. Cost $2.12 Unrealized —

RRC RANGE RES CORP 9.4%

Value ($000) $89,428 Shares 5,335,814 Est. Cost $12.06 Unrealized +4.0%

WPM WHEATON PRECIOUS METALS CORP 7.5%

Value ($000) $71,649 Shares 1,625,803 Est. Cost $29.92 Unrealized +41.2%

SII SPROTT INC 5.1%

Value ($000) $48,294 Shares 1,227,003 Est. Cost $31.53 Unrealized +22.2%

NG NOVAGOLD RES INC 3.8%

Value ($000) $36,676 Shares 4,578,832 Est. Cost $6.64 Unrealized +41.8%

SA SEABRIDGE GOLD INC 3.8%

Value ($000) $36,671 Shares 2,089,544 Est. Cost $19.06 Unrealized -5.2%

RGLD ROYAL GOLD INC 3.0%

Value ($000) $28,170 Shares 246,887 Est. Cost $109.00 Unrealized +8.2%

KEP KOREA ELEC PWR CORP 1.9%

Value ($000) $17,772 Shares 1,645,571 Est. Cost $10.92 Unrealized —

NGD NEW GOLD INC CDA 1.8%

Value ($000) $17,082 Shares 9,437,344 Est. Cost $2.12 Unrealized -11.1%

NAK NORTHERN DYNASTY MINERALS LT 1.4%

Value ($000) $13,626 Shares 27,695,248 Est. Cost $0.87 Unrealized -35.0%

THM INTERNATIONAL TOWER HILL MIN 1.3%

Value ($000) $12,553 Shares 11,955,006 Est. Cost $0.82 Unrealized +32.4%

HMY HARMONY GOLD MINING CO LTD 1.2%

Value ($000) $11,453 Shares 3,070,523 Est. Cost $3.73 Unrealized —

SLV ISHARES SILVER TR 1.1%

Value ($000) $10,814 Shares 188 Est. Cost — Unrealized —

TEN TSAKOS ENERGY NAVIGATION LTD 1.1%

Value ($000) $10,381 Shares 1,207,063 Est. Cost $8.82 Unrealized +3.8%

IAG IAMGOLD CORP 1.1%

Value ($000) $10,368 Shares 3,514,441 Est. Cost $3.51 Unrealized -4.1%

— VEON LTD 0.5%

Value ($000) $4,563 Shares 2,493,661 Est. Cost $1.83 Unrealized —

AER AERCAP HOLDINGS NV 0.1%

Value ($000) $744 Shares 14,521 Est. Cost $28.99 Unrealized +96.0%

AZO AUTOZONE INC 0.0%

Value ($000) $15 Shares 900 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	9,165,688	$175,798	18.4%	$12.04	+54.8%	COM	13321L108
—	TURQUOISE HILL RES LTD	10,054,956	$169,627	17.8%	$13.20	—	COM	900435207
KT	KT CORP	6,899,205	$96,244	10.1%	$12.81	—	SPONSORED ADR	48268K101
—	SOUTHWESTERN ENERGY CO	16,240,312	$92,083	9.7%	$2.12	—	COM	845467109
RRC	RANGE RES CORP	5,335,814	$89,428	9.4%	$12.06	+4.0%	COM	75281A109
WPM	WHEATON PRECIOUS METALS CORP	1,625,803	$71,649	7.5%	$29.92	+41.2%	COM	962879102
SII	SPROTT INC	1,227,003	$48,294	5.1%	$31.53	+22.2%	COM NEW	852066208
NG	NOVAGOLD RES INC	4,578,832	$36,676	3.8%	$6.64	+41.8%	COM NEW	66987E206
SA	SEABRIDGE GOLD INC	2,089,544	$36,671	3.8%	$19.06	-5.2%	COM	811916105
RGLD	ROYAL GOLD INC	246,887	$28,170	3.0%	$109.00	+8.2%	COM	780287108
KEP	KOREA ELEC PWR CORP	1,645,571	$17,772	1.9%	$10.92	—	SPONSORED ADR	500631106
NGD	NEW GOLD INC CDA	9,437,344	$17,082	1.8%	$2.12	-11.1%	COM	644535106
NAK	NORTHERN DYNASTY MINERALS LT	27,695,248	$13,626	1.4%	$0.87	-35.0%	COM NEW	66510M204
THM	INTERNATIONAL TOWER HILL MIN	11,955,006	$12,553	1.3%	$0.82	+32.4%	COM	46050R102
HMY	HARMONY GOLD MINING CO LTD	3,070,523	$11,453	1.2%	$3.73	—	SPONSORED ADR	413216300
SLV	ISHARES SILVER TR	188	$10,814	1.1%	—	—	Call	46428Q109
TEN	TSAKOS ENERGY NAVIGATION LTD	1,207,063	$10,381	1.1%	$8.82	+3.8%	SHS	G9108L173
IAG	IAMGOLD CORP	3,514,441	$10,368	1.1%	$3.51	-4.1%	COM	450913108
—	VEON LTD	2,493,661	$4,563	0.5%	$1.83	—	SPONSORED ADR	91822M106
AER	AERCAP HOLDINGS NV	14,521	$744	0.1%	$28.99	+96.0%	SHS	N00985106
AZO	AUTOZONE INC	900	$15	0.0%	—	—	Put	053332102