Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 12, 2022

Total Value ($000): $1,002,697 (100.0% shares, 0.0% debt)

Holdings (30)

— TURQUOISE HILL RES LTD 16.0%

Value ($000) $160,277 Shares 5,335,459 Est. Cost $13.71 Unrealized —

CCJ CAMECO CORP 15.0%

Value ($000) $149,979 Shares 5,153,930 Est. Cost $12.04 Unrealized +92.9%

KT KT CORP 11.9%

Value ($000) $119,109 Shares 8,306,050 Est. Cost $12.87 Unrealized —

— SOUTHWESTERN ENERGY CO 9.7%

Value ($000) $97,048 Shares 13,535,310 Est. Cost $2.57 Unrealized —

RRC RANGE RES CORP 7.6%

Value ($000) $75,968 Shares 2,500,580 Est. Cost $12.97 Unrealized +75.9%

WPM WHEATON PRECIOUS METALS CORP 7.5%

Value ($000) $75,443 Shares 1,585,599 Est. Cost $31.06 Unrealized +34.1%

RGLD ROYAL GOLD INC 7.4%

Value ($000) $74,076 Shares 524,321 Est. Cost $104.28 Unrealized +12.1%

SA SEABRIDGE GOLD INC 4.2%

Value ($000) $42,482 Shares 2,296,308 Est. Cost $18.70 Unrealized -9.0%

HMY HARMONY GOLD MINING CO LTD 4.1%

Value ($000) $41,546 Shares 8,259,730 Est. Cost $3.53 Unrealized —

IAG IAMGOLD CORP 3.6%

Value ($000) $36,583 Shares 10,512,493 Est. Cost $3.09 Unrealized -3.1%

NG NOVAGOLD RES INC 3.5%

Value ($000) $35,575 Shares 4,602,200 Est. Cost $6.69 Unrealized +5.2%

SII SPROTT INC 2.6%

Value ($000) $25,745 Shares 513,487 Est. Cost $31.62 Unrealized +19.5%

KEP KOREA ELEC PWR CORP 1.5%

Value ($000) $15,219 Shares 1,634,670 Est. Cost $10.88 Unrealized —

THM INTERNATIONAL TOWER HILL MIN 1.4%

Value ($000) $13,779 Shares 14,047,222 Est. Cost $0.82 Unrealized +8.4%

NAK NORTHERN DYNASTY MINERALS LT 1.3%

Value ($000) $13,220 Shares 31,856,624 Est. Cost $0.81 Unrealized -56.1%

— VEON LTD 1.1%

Value ($000) $10,937 Shares 16,018,241 Est. Cost $0.89 Unrealized —

TEN TSAKOS ENERGY NAVIGATION LTD 1.0%

Value ($000) $9,694 Shares 1,102,833 Est. Cost $8.82 Unrealized -8.0%

AER AERCAP HOLDINGS NV 0.3%

Value ($000) $2,662 Shares 52,941 Est. Cost $50.90 Unrealized +16.0%

VGZ VISTA GOLD CORP 0.2%

Value ($000) $1,535 Shares 1,461,718 Est. Cost $0.76 Unrealized +8.1%

NFLX NETFLIX INC 0.0%

Value ($000) $403 Shares 1,800 Est. Cost — Unrealized —

LULU LULULEMON ATHLETICA INC 0.0%

Value ($000) $262 Shares 2,900 Est. Cost — Unrealized —

TSLA TESLA INC 0.0%

Value ($000) $170 Shares 2,000 Est. Cost — Unrealized —

NKE NIKE INC 0.0%

Value ($000) $165 Shares 7,400 Est. Cost — Unrealized —

CMG CHIPOTLE MEXICAN GRILL INC 0.0%

Value ($000) $163 Shares 700 Est. Cost — Unrealized —

PFE PFIZER INC 0.0%

Value ($000) $151 Shares 36,500 Est. Cost — Unrealized —

ZTS ZOETIS INC 0.0%

Value ($000) $145 Shares 4,200 Est. Cost — Unrealized —

SLV ISHARES SILVER TR 0.0%

Value ($000) $141 Shares 144,400 Est. Cost — Unrealized —

— CREDIT SUISSE GROUP 0.0%

Value ($000) $91 Shares 11,604 Est. Cost $9.65 Unrealized —

PAYX PAYCHEX INC 0.0%

Value ($000) $66 Shares 8,900 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.0%

Value ($000) $63 Shares 600 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	TURQUOISE HILL RES LTD	5,335,459	$160,277	16.0%	$13.71	—	COM	900435207
CCJ	CAMECO CORP	5,153,930	$149,979	15.0%	$12.04	+92.9%	COM	13321L108
KT	KT CORP	8,306,050	$119,109	11.9%	$12.87	—	SPONSORED ADR	48268K101
—	SOUTHWESTERN ENERGY CO	13,535,310	$97,048	9.7%	$2.57	—	COM	845467109
RRC	RANGE RES CORP	2,500,580	$75,968	7.6%	$12.97	+75.9%	COM	75281A109
WPM	WHEATON PRECIOUS METALS CORP	1,585,599	$75,443	7.5%	$31.06	+34.1%	COM	962879102
RGLD	ROYAL GOLD INC	524,321	$74,076	7.4%	$104.28	+12.1%	COM	780287108
SA	SEABRIDGE GOLD INC	2,296,308	$42,482	4.2%	$18.70	-9.0%	COM	811916105
HMY	HARMONY GOLD MINING CO LTD	8,259,730	$41,546	4.1%	$3.53	—	SPONSORED ADR	413216300
IAG	IAMGOLD CORP	10,512,493	$36,583	3.6%	$3.09	-3.1%	COM	450913108
NG	NOVAGOLD RES INC	4,602,200	$35,575	3.5%	$6.69	+5.2%	COM NEW	66987E206
SII	SPROTT INC	513,487	$25,745	2.6%	$31.62	+19.5%	COM NEW	852066208
KEP	KOREA ELEC PWR CORP	1,634,670	$15,219	1.5%	$10.88	—	SPONSORED ADR	500631106
THM	INTERNATIONAL TOWER HILL MIN	14,047,222	$13,779	1.4%	$0.82	+8.4%	COM	46050R102
NAK	NORTHERN DYNASTY MINERALS LT	31,856,624	$13,220	1.3%	$0.81	-56.1%	COM NEW	66510M204
—	VEON LTD	16,018,241	$10,937	1.1%	$0.89	—	SPONSORED ADR	91822M106
TEN	TSAKOS ENERGY NAVIGATION LTD	1,102,833	$9,694	1.0%	$8.82	-8.0%	SHS	G9108L173
AER	AERCAP HOLDINGS NV	52,941	$2,662	0.3%	$50.90	+16.0%	SHS	N00985106
VGZ	VISTA GOLD CORP	1,461,718	$1,535	0.2%	$0.76	+8.1%	COM NEW	927926303
NFLX	NETFLIX INC	1,800	$403	0.0%	—	—	Put	64110L106
LULU	LULULEMON ATHLETICA INC	2,900	$262	0.0%	—	—	Put	550021109
TSLA	TESLA INC	2,000	$170	0.0%	—	—	Put	88160R101
NKE	NIKE INC	7,400	$165	0.0%	—	—	Put	654106103
CMG	CHIPOTLE MEXICAN GRILL INC	700	$163	0.0%	—	—	Put	169656105
PFE	PFIZER INC	36,500	$151	0.0%	—	—	Put	717081103
ZTS	ZOETIS INC	4,200	$145	0.0%	—	—	Put	98978V103
SLV	ISHARES SILVER TR	144,400	$141	0.0%	—	—	Call	46428Q109
—	CREDIT SUISSE GROUP	11,604	$91	0.0%	$9.65	—	SPONSORED ADR	225401108
PAYX	PAYCHEX INC	8,900	$66	0.0%	—	—	Put	704326107
AZO	AUTOZONE INC	600	$63	0.0%	—	—	Put	053332102