Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 9, 2021

Total Value ($000): $890,993 (100.0% shares, 0.0% debt)

Holdings (25)

CCJ CAMECO CORP 21.9%

Value ($000) $194,863 Shares 8,967,454 Est. Cost $12.04 Unrealized +55.2%

— TURQUOISE HILL RES LTD 19.1%

Value ($000) $169,816 Shares 11,505,145 Est. Cost $13.39 Unrealized —

KT KT CORP 12.0%

Value ($000) $106,488 Shares 7,818,533 Est. Cost $12.90 Unrealized —

— SOUTHWESTERN ENERGY CO 11.0%

Value ($000) $97,883 Shares 17,668,379 Est. Cost $2.39 Unrealized —

RRC RANGE RES CORP 8.9%

Value ($000) $79,246 Shares 3,501,822 Est. Cost $12.06 Unrealized +34.4%

SII SPROTT INC 5.4%

Value ($000) $48,068 Shares 1,307,335 Est. Cost $31.62 Unrealized +4.4%

SA SEABRIDGE GOLD INC 4.0%

Value ($000) $35,712 Shares 2,311,437 Est. Cost $18.89 Unrealized -8.4%

NG NOVAGOLD RES INC 3.7%

Value ($000) $32,753 Shares 4,760,615 Est. Cost $6.67 Unrealized +11.0%

HMY HARMONY GOLD MINING CO LTD 2.6%

Value ($000) $22,863 Shares 7,257,995 Est. Cost $3.40 Unrealized —

RGLD ROYAL GOLD INC 2.5%

Value ($000) $22,647 Shares 237,168 Est. Cost $109.00 Unrealized +2.8%

KEP KOREA ELEC PWR CORP 1.9%

Value ($000) $16,745 Shares 1,696,568 Est. Cost $10.88 Unrealized —

TEN TSAKOS ENERGY NAVIGATION LTD 1.4%

Value ($000) $12,916 Shares 1,207,063 Est. Cost $8.82 Unrealized -10.3%

NAK NORTHERN DYNASTY MINERALS LT 1.4%

Value ($000) $12,723 Shares 27,695,248 Est. Cost $0.87 Unrealized -49.4%

NGD NEW GOLD INC CDA 1.2%

Value ($000) $10,735 Shares 10,127,717 Est. Cost $2.07 Unrealized -33.5%

IAG IAMGOLD CORP 1.2%

Value ($000) $10,719 Shares 4,742,979 Est. Cost $3.25 Unrealized -23.1%

THM INTERNATIONAL TOWER HILL MIN 1.1%

Value ($000) $9,499 Shares 12,738,581 Est. Cost $0.82 Unrealized +8.9%

— VEON LTD 0.6%

Value ($000) $5,085 Shares 2,444,502 Est. Cost $1.83 Unrealized —

AER AERCAP HOLDINGS NV 0.1%

Value ($000) $1,314 Shares 22,732 Est. Cost $37.58 Unrealized +40.4%

VGZ VISTA GOLD CORP 0.0%

Value ($000) $245 Shares 337,992 Est. Cost $0.86 Unrealized 0.0%

NKE NIKE INC 0.0%

Value ($000) $238 Shares 238 Est. Cost — Unrealized —

DPZ DOMINOS PIZZA INC 0.0%

Value ($000) $142 Shares 2,400 Est. Cost — Unrealized —

CMG CHIPOTLE MEXICAN GRILL INC 0.0%

Value ($000) $122 Shares 700 Est. Cost — Unrealized —

WPM WHEATON PRECIOUS METALS CORP 0.0%

Value ($000) $85 Shares 1,486,024 Est. Cost $29.92 Unrealized +38.8%

ZTS ZOETIS INC 0.0%

Value ($000) $85 Shares 6,400 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.0%

Value ($000) $1 Shares 900 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCJ	CAMECO CORP	8,967,454	$194,863	21.9%	$12.04	+55.2%	COM	13321L108
—	TURQUOISE HILL RES LTD	11,505,145	$169,816	19.1%	$13.39	—	COM	900435207
KT	KT CORP	7,818,533	$106,488	12.0%	$12.90	—	SPONSORED ADR	48268K101
—	SOUTHWESTERN ENERGY CO	17,668,379	$97,883	11.0%	$2.39	—	COM	845467109
RRC	RANGE RES CORP	3,501,822	$79,246	8.9%	$12.06	+34.4%	COM	75281A109
SII	SPROTT INC	1,307,335	$48,068	5.4%	$31.62	+4.4%	COM NEW	852066208
SA	SEABRIDGE GOLD INC	2,311,437	$35,712	4.0%	$18.89	-8.4%	COM	811916105
NG	NOVAGOLD RES INC	4,760,615	$32,753	3.7%	$6.67	+11.0%	COM NEW	66987E206
HMY	HARMONY GOLD MINING CO LTD	7,257,995	$22,863	2.6%	$3.40	—	SPONSORED ADR	413216300
RGLD	ROYAL GOLD INC	237,168	$22,647	2.5%	$109.00	+2.8%	COM	780287108
KEP	KOREA ELEC PWR CORP	1,696,568	$16,745	1.9%	$10.88	—	SPONSORED ADR	500631106
TEN	TSAKOS ENERGY NAVIGATION LTD	1,207,063	$12,916	1.4%	$8.82	-10.3%	SHS	G9108L173
NAK	NORTHERN DYNASTY MINERALS LT	27,695,248	$12,723	1.4%	$0.87	-49.4%	COM NEW	66510M204
NGD	NEW GOLD INC CDA	10,127,717	$10,735	1.2%	$2.07	-33.5%	COM	644535106
IAG	IAMGOLD CORP	4,742,979	$10,719	1.2%	$3.25	-23.1%	COM	450913108
THM	INTERNATIONAL TOWER HILL MIN	12,738,581	$9,499	1.1%	$0.82	+8.9%	COM	46050R102
—	VEON LTD	2,444,502	$5,085	0.6%	$1.83	—	SPONSORED ADR	91822M106
AER	AERCAP HOLDINGS NV	22,732	$1,314	0.1%	$37.58	+40.4%	SHS	N00985106
VGZ	VISTA GOLD CORP	337,992	$245	0.0%	$0.86	0.0%	COM NEW	927926303
NKE	NIKE INC	238	$238	0.0%	—	—	Put	654106103
DPZ	DOMINOS PIZZA INC	2,400	$142	0.0%	—	—	Put	25754A201
CMG	CHIPOTLE MEXICAN GRILL INC	700	$122	0.0%	—	—	Put	169656105
WPM	WHEATON PRECIOUS METALS CORP	1,486,024	$85	0.0%	$29.92	+38.8%	COM	962879102
ZTS	ZOETIS INC	6,400	$85	0.0%	—	—	Put	98978V103
AZO	AUTOZONE INC	900	$1	0.0%	—	—	Put	053332102