Kopernik Global Investors, LLC Hedge Fund

CIK: 0001599814 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value ($000): $976,433 (100.0% shares, 0.0% debt)

Holdings (30)

— SOUTHWESTERN ENERGY CO 14.1%

Value ($000) $137,787 Shares 22,926,252 Est. Cost $4.27 Unrealized —

KT KT CORP 12.5%

Value ($000) $122,110 Shares 10,806,223 Est. Cost $12.46 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 11.4%

Value ($000) $111,170 Shares 2,572,186 Est. Cost $33.81 Unrealized +37.3%

RRC RANGE RES CORP 9.9%

Value ($000) $97,098 Shares 3,302,669 Est. Cost $17.41 Unrealized +56.3%

— BARRICK GOLD CORP 7.7%

Value ($000) $74,934 Shares 4,426,127 Est. Cost $16.93 Unrealized —

RGLD ROYAL GOLD INC 7.0%

Value ($000) $68,648 Shares 598,081 Est. Cost $103.46 Unrealized +24.4%

HMY HARMONY GOLD MINING CO LTD 6.7%

Value ($000) $65,484 Shares 15,591,439 Est. Cost $2.99 Unrealized —

CCJ CAMECO CORP 5.7%

Value ($000) $55,686 Shares 1,777,397 Est. Cost $15.49 Unrealized +80.5%

NG NOVAGOLD RES INC 4.9%

Value ($000) $47,473 Shares 11,898,080 Est. Cost $6.02 Unrealized -10.7%

IAG IAMGOLD CORP 4.8%

Value ($000) $47,013 Shares 17,875,791 Est. Cost $2.71 Unrealized +6.7%

SA SEABRIDGE GOLD INC 3.4%

Value ($000) $32,877 Shares 2,728,409 Est. Cost $16.94 Unrealized -19.7%

PPTA PERPETUA RESOURCES CORP 2.0%

Value ($000) $19,270 Shares 5,250,591 Est. Cost $3.59 Unrealized +28.1%

IE IVANHOE ELECTRIC INC 1.6%

Value ($000) $15,353 Shares 1,177,368 Est. Cost $9.36 Unrealized +35.0%

BABA ALIBABA GROUP HLDG LTD 1.4%

Value ($000) $13,971 Shares 167,624 Est. Cost $83.91 Unrealized —

SKYW SKYWEST INC 1.3%

Value ($000) $12,744 Shares 312,956 Est. Cost $17.54 Unrealized +69.3%

— SANDSTORM GOLD LTD 1.3%

Value ($000) $12,372 Shares 2,416,495 Est. Cost $5.44 Unrealized —

KEP KOREA ELEC PWR CORP 1.3%

Value ($000) $12,288 Shares 1,585,550 Est. Cost $10.79 Unrealized —

AL AIR LEASE CORP 1.2%

Value ($000) $11,476 Shares 274,218 Est. Cost $34.71 Unrealized +8.9%

NAK NORTHERN DYNASTY MINERALS LT 0.8%

Value ($000) $7,697 Shares 32,070,691 Est. Cost $0.81 Unrealized -71.7%

THM INTERNATIONAL TOWER HILL MIN 0.6%

Value ($000) $5,886 Shares 14,047,222 Est. Cost $0.82 Unrealized -38.6%

AER AERCAP HOLDINGS NV 0.3%

Value ($000) $3,320 Shares 52,267 Est. Cost $48.30 Unrealized +17.6%

VGZ VISTA GOLD CORP 0.2%

Value ($000) $1,516 Shares 2,916,361 Est. Cost $0.67 Unrealized -8.1%

SLV ISHARES SILVER TR 0.0%

Value ($000) $110 Shares 470,800 Est. Cost — Unrealized —

NKE NIKE INC 0.0%

Value ($000) $65 Shares 11,900 Est. Cost — Unrealized —

ABBV ABBVIE INC 0.0%

Value ($000) $59 Shares 16,800 Est. Cost — Unrealized —

PAYX PAYCHEX INC 0.0%

Value ($000) $8 Shares 12,700 Est. Cost — Unrealized —

LULU LULULEMON ATHLETICA INC 0.0%

Value ($000) $8 Shares 2,600 Est. Cost — Unrealized —

ULTA ULTA BEAUTY INC 0.0%

Value ($000) $4 Shares 600 Est. Cost — Unrealized —

CMG CHIPOTLE MEXICAN GRILL INC 0.0%

Value ($000) $4 Shares 1,200 Est. Cost — Unrealized —

ZTS ZOETIS INC 0.0%

Value ($000) $1 Shares 7,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SOUTHWESTERN ENERGY CO	22,926,252	$137,787	14.1%	$4.27	—	COM	845467109
KT	KT CORP	10,806,223	$122,110	12.5%	$12.46	—	SPONSORED ADR	48268K101
WPM	WHEATON PRECIOUS METALS CORP	2,572,186	$111,170	11.4%	$33.81	+37.3%	COM	962879102
RRC	RANGE RES CORP	3,302,669	$97,098	9.9%	$17.41	+56.3%	COM	75281A109
—	BARRICK GOLD CORP	4,426,127	$74,934	7.7%	$16.93	—	COM	067901108
RGLD	ROYAL GOLD INC	598,081	$68,648	7.0%	$103.46	+24.4%	COM	780287108
HMY	HARMONY GOLD MINING CO LTD	15,591,439	$65,484	6.7%	$2.99	—	SPONSORED ADR	413216300
CCJ	CAMECO CORP	1,777,397	$55,686	5.7%	$15.49	+80.5%	COM	13321L108
NG	NOVAGOLD RES INC	11,898,080	$47,473	4.9%	$6.02	-10.7%	COM NEW	66987E206
IAG	IAMGOLD CORP	17,875,791	$47,013	4.8%	$2.71	+6.7%	COM	450913108
SA	SEABRIDGE GOLD INC	2,728,409	$32,877	3.4%	$16.94	-19.7%	COM	811916105
PPTA	PERPETUA RESOURCES CORP	5,250,591	$19,270	2.0%	$3.59	+28.1%	COM	714266103
IE	IVANHOE ELECTRIC INC	1,177,368	$15,353	1.6%	$9.36	+35.0%	COM	46578C108
BABA	ALIBABA GROUP HLDG LTD	167,624	$13,971	1.4%	$83.91	—	SPONSORED ADS	01609W102
SKYW	SKYWEST INC	312,956	$12,744	1.3%	$17.54	+69.3%	COM	830879102
—	SANDSTORM GOLD LTD	2,416,495	$12,372	1.3%	$5.44	—	COM NEW	80013R206
KEP	KOREA ELEC PWR CORP	1,585,550	$12,288	1.3%	$10.79	—	SPONSORED ADR	500631106
AL	AIR LEASE CORP	274,218	$11,476	1.2%	$34.71	+8.9%	CL A	00912X302
NAK	NORTHERN DYNASTY MINERALS LT	32,070,691	$7,697	0.8%	$0.81	-71.7%	COM NEW	66510M204
THM	INTERNATIONAL TOWER HILL MIN	14,047,222	$5,886	0.6%	$0.82	-38.6%	COM	46050R102
AER	AERCAP HOLDINGS NV	52,267	$3,320	0.3%	$48.30	+17.6%	SHS	N00985106
VGZ	VISTA GOLD CORP	2,916,361	$1,516	0.2%	$0.67	-8.1%	COM NEW	927926303
SLV	ISHARES SILVER TR	470,800	$110	0.0%	—	—	Call	46428Q109
NKE	NIKE INC	11,900	$65	0.0%	—	—	Put	654106103
ABBV	ABBVIE INC	16,800	$59	0.0%	—	—	Put	00287Y109
PAYX	PAYCHEX INC	12,700	$8	0.0%	—	—	Put	704326107
LULU	LULULEMON ATHLETICA INC	2,600	$8	0.0%	—	—	Put	550021109
ULTA	ULTA BEAUTY INC	600	$4	0.0%	—	—	Put	90384S303
CMG	CHIPOTLE MEXICAN GRILL INC	1,200	$4	0.0%	—	—	Put	169656105
ZTS	ZOETIS INC	7,000	$1	0.0%	—	—	Put	98978V103