Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: Nov 14, 2022

Total Value ($000): $909,883 (100.0% shares, 0.0% debt)

Holdings (36)

— TURQUOISE HILL RES LTD 12.6%

Value ($000) $114,952 Shares 3,887,467 Est. Cost $13.71 Unrealized —

KT KT CORP 10.7%

Value ($000) $97,702 Shares 7,995,289 Est. Cost $12.87 Unrealized —

— SOUTHWESTERN ENERGY CO 8.8%

Value ($000) $80,163 Shares 13,098,562 Est. Cost $3.41 Unrealized —

RRC RANGE RES CORP 8.2%

Value ($000) $74,162 Shares 2,935,935 Est. Cost $15.57 Unrealized +94.2%

CCJ CAMECO CORP 7.9%

Value ($000) $71,706 Shares 2,704,876 Est. Cost $12.04 Unrealized +110.5%

RGLD ROYAL GOLD INC 7.6%

Value ($000) $69,048 Shares 735,963 Est. Cost $103.46 Unrealized -4.3%

HMY HARMONY GOLD MINING CO LTD 6.9%

Value ($000) $62,669 Shares 25,789,898 Est. Cost $2.97 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 6.7%

Value ($000) $61,172 Shares 1,890,371 Est. Cost $33.32 Unrealized -4.8%

SA SEABRIDGE GOLD INC 4.6%

Value ($000) $41,442 Shares 3,491,316 Est. Cost $17.00 Unrealized -25.6%

GDX VANECK ETF TRUST 3.8%

Value ($000) $35,014 Shares 1,451,668 Est. Cost $24.12 Unrealized —

NG NOVAGOLD RES INC 3.5%

Value ($000) $31,936 Shares 6,809,288 Est. Cost $6.51 Unrealized -28.9%

IAG IAMGOLD CORP 2.8%

Value ($000) $25,469 Shares 23,803,241 Est. Cost $2.72 Unrealized -51.0%

SII SPROTT INC 2.3%

Value ($000) $20,887 Shares 622,482 Est. Cost $32.81 Unrealized +1.1%

— CREDIT SUISSE GROUP 2.2%

Value ($000) $19,964 Shares 5,092,833 Est. Cost $3.93 Unrealized —

AL AIR LEASE CORP 1.5%

Value ($000) $14,049 Shares 453,050 Est. Cost $34.71 Unrealized -3.2%

SABR SABRE CORP 1.4%

Value ($000) $12,447 Shares 2,416,857 Est. Cost $7.21 Unrealized -7.5%

KEP KOREA ELEC PWR CORP 1.2%

Value ($000) $11,293 Shares 1,660,792 Est. Cost $10.79 Unrealized —

PPTA PERPETUA RESOURCES CORP 1.2%

Value ($000) $10,606 Shares 5,250,591 Est. Cost $3.59 Unrealized -26.9%

TEN TSAKOS ENERGY NAVIGATION LTD 1.1%

Value ($000) $10,375 Shares 679,433 Est. Cost $8.82 Unrealized +58.3%

IE IVANHOE ELECTRIC INC 1.0%

Value ($000) $9,176 Shares 1,112,276 Est. Cost $9.13 Unrealized 0.0%

NAK NORTHERN DYNASTY MINERALS LT 0.9%

Value ($000) $7,776 Shares 31,856,624 Est. Cost $0.81 Unrealized -64.7%

HY HYSTER YALE MATLS HANDLING I 0.8%

Value ($000) $7,465 Shares 347,054 Est. Cost $28.92 Unrealized -3.4%

THM INTERNATIONAL TOWER HILL MIN 0.8%

Value ($000) $7,272 Shares 14,047,222 Est. Cost $0.82 Unrealized -35.6%

— VEON LTD 0.6%

Value ($000) $5,126 Shares 16,018,241 Est. Cost $0.89 Unrealized —

NGD NEW GOLD INC CDA 0.3%

Value ($000) $2,604 Shares 2,959,596 Est. Cost $0.79 Unrealized 0.0%

AER AERCAP HOLDINGS NV 0.2%

Value ($000) $2,217 Shares 52,364 Est. Cost $48.30 Unrealized -9.9%

VGZ VISTA GOLD CORP 0.1%

Value ($000) $1,189 Shares 2,258,884 Est. Cost $0.70 Unrealized -16.1%

LULU LULULEMON ATHLETICA INC 0.1%

Value ($000) $461 Shares 2,900 Est. Cost — Unrealized —

SIL GLOBAL X FDS 0.1%

Value ($000) $456 Shares 18,922 Est. Cost $24.10 Unrealized —

ZTS ZOETIS INC 0.0%

Value ($000) $292 Shares 4,200 Est. Cost — Unrealized —

PFE PFIZER INC 0.0%

Value ($000) $250 Shares 36,500 Est. Cost — Unrealized —

NKE NIKE INC 0.0%

Value ($000) $244 Shares 3,700 Est. Cost — Unrealized —

SLV ISHARES SILVER TR 0.0%

Value ($000) $158 Shares 470,300 Est. Cost — Unrealized —

PAYX PAYCHEX INC 0.0%

Value ($000) $121 Shares 8,900 Est. Cost — Unrealized —

AZO AUTOZONE INC 0.0%

Value ($000) $12 Shares 600 Est. Cost — Unrealized —

CMG CHIPOTLE MEXICAN GRILL INC 0.0%

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

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	TURQUOISE HILL RES LTD	3,887,467	$114,952	12.6%	$13.71	—	COM	900435207
KT	KT CORP	7,995,289	$97,702	10.7%	$12.87	—	SPONSORED ADR	48268K101
—	SOUTHWESTERN ENERGY CO	13,098,562	$80,163	8.8%	$3.41	—	COM	845467109
RRC	RANGE RES CORP	2,935,935	$74,162	8.2%	$15.57	+94.2%	COM	75281A109
CCJ	CAMECO CORP	2,704,876	$71,706	7.9%	$12.04	+110.5%	COM	13321L108
RGLD	ROYAL GOLD INC	735,963	$69,048	7.6%	$103.46	-4.3%	COM	780287108
HMY	HARMONY GOLD MINING CO LTD	25,789,898	$62,669	6.9%	$2.97	—	SPONSORED ADR	413216300
WPM	WHEATON PRECIOUS METALS CORP	1,890,371	$61,172	6.7%	$33.32	-4.8%	COM	962879102
SA	SEABRIDGE GOLD INC	3,491,316	$41,442	4.6%	$17.00	-25.6%	COM	811916105
GDX	VANECK ETF TRUST	1,451,668	$35,014	3.8%	$24.12	—	GOLD MINERS ETF	92189F106
NG	NOVAGOLD RES INC	6,809,288	$31,936	3.5%	$6.51	-28.9%	COM NEW	66987E206
IAG	IAMGOLD CORP	23,803,241	$25,469	2.8%	$2.72	-51.0%	COM	450913108
SII	SPROTT INC	622,482	$20,887	2.3%	$32.81	+1.1%	COM NEW	852066208
—	CREDIT SUISSE GROUP	5,092,833	$19,964	2.2%	$3.93	—	SPONSORED ADR	225401108
AL	AIR LEASE CORP	453,050	$14,049	1.5%	$34.71	-3.2%	CL A	00912X302
SABR	SABRE CORP	2,416,857	$12,447	1.4%	$7.21	-7.5%	COM	78573M104
KEP	KOREA ELEC PWR CORP	1,660,792	$11,293	1.2%	$10.79	—	SPONSORED ADR	500631106
PPTA	PERPETUA RESOURCES CORP	5,250,591	$10,606	1.2%	$3.59	-26.9%	COM	714266103
TEN	TSAKOS ENERGY NAVIGATION LTD	679,433	$10,375	1.1%	$8.82	+58.3%	SHS	G9108L173
IE	IVANHOE ELECTRIC INC	1,112,276	$9,176	1.0%	$9.13	0.0%	COM	46578C108
NAK	NORTHERN DYNASTY MINERALS LT	31,856,624	$7,776	0.9%	$0.81	-64.7%	COM NEW	66510M204
HY	HYSTER YALE MATLS HANDLING I	347,054	$7,465	0.8%	$28.92	-3.4%	CL A	449172105
THM	INTERNATIONAL TOWER HILL MIN	14,047,222	$7,272	0.8%	$0.82	-35.6%	COM	46050R102
—	VEON LTD	16,018,241	$5,126	0.6%	$0.89	—	SPONSORED ADR	91822M106
NGD	NEW GOLD INC CDA	2,959,596	$2,604	0.3%	$0.79	0.0%	COM	644535106
AER	AERCAP HOLDINGS NV	52,364	$2,217	0.2%	$48.30	-9.9%	SHS	N00985106
VGZ	VISTA GOLD CORP	2,258,884	$1,189	0.1%	$0.70	-16.1%	COM NEW	927926303
LULU	LULULEMON ATHLETICA INC	2,900	$461	0.1%	—	—	Put	550021109
SIL	GLOBAL X FDS	18,922	$456	0.1%	$24.10	—	GLOBAL X SILVER	37954Y848
ZTS	ZOETIS INC	4,200	$292	0.0%	—	—	Put	98978V103
PFE	PFIZER INC	36,500	$250	0.0%	—	—	Put	717081103
NKE	NIKE INC	3,700	$244	0.0%	—	—	Put	654106103
SLV	ISHARES SILVER TR	470,300	$158	0.0%	—	—	Call	46428Q109
PAYX	PAYCHEX INC	8,900	$121	0.0%	—	—	Put	704326107
AZO	AUTOZONE INC	600	$12	0.0%	—	—	Put	053332102
CMG	CHIPOTLE MEXICAN GRILL INC	900	$8	0.0%	—	—	Put	169656105