Fund HoldingsKopernik Global Investors, LLC

Total Portfolio Value
$1.25B
Total Bought
$214.14M
Total Sold
$216.02M
Net Transaction
-$1.88M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
SEABRIDGE GOLD INC(SA)6,946,6666,979,611+32,945167,762206,52716.49%+38,765
NUTRIEN LTD(NTR)1,266,6001,753,659+487,05974,362108,2368.64%+33,874
ROYAL GOLD INC(RGLD)116,065209,678+93,61323,28046,6093.72%+23,329
MOLINA HEALTHCARE INC(MOH)0125,534+125,534021,7851.74%+21,785
KT CORP(KT)4,555,4485,768,752+1,213,30488,831109,4338.74%+20,602
COMCAST CORP NEW(CCZ)0649,213+649,213019,4051.55%+19,405
CRESUD S A C I F Y A3,727,7904,246,881+519,09134,29653,6384.28%+19,342
RANGE RES CORP(RRC)4,420,6085,238,903+818,295166,392184,72414.75%+18,332
FRANKLIN RESOURCES INC(BEN)2,735,6243,369,165+633,54163,27580,4896.43%+17,214
NORTHERN DYNASTY MINERALS LT(NAK)21,661,17821,661,178025,99342,6733.41%+16,679
INTERNATIONAL TOWER HILL MIN(THM)14,448,41814,448,418023,69526,8742.15%+3,179
CENTENE CORP DEL(CNC)2,256,8812,025,052-231,82980,52683,3316.66%+2,805
IRSA INVERSIONES Y REP S A(IRS)085,366+85,36601,4120.11%+1,412
KOREA ELEC PWR CORP(KEP)268,151268,15103,4994,4240.35%+925
AIR LEASE CORP
CL A
285,013285,013018,14118,3061.46%+165
AUTOZONE INC(AZO)(Put)400400076214+138
ABBVIE INC(ABBV)(Put)4,2004,600+400484+80
PAYCHEX INC(PAYX)(Put)5,6005,6000113179+66
AMGEN INC(AMGN)(Put)3,1003,1000210-21
APPLE INC(AAPL)(Put)5,0005,000011377-35
ISHARES SILVER TR(SLV)(Call)141,4000-141,4001,2870-1,287
NEWMONT CORP(NEM)48,51623,201-25,3154,0902,3170.19%-1,774
VISTA GOLD CORP(VGZ)3,129,3472,466,589-662,7586,6664,8590.39%-1,806
EXPAND ENERGY CORPORATION(EXE)738,047681,579-56,46878,41075,2196.01%-3,191
IVANHOE ELECTRIC INC(IE)1,335,985428,752-907,23316,7676,8510.55%-9,915
BORR DRILLING LTD(BORR)4,983,6720-4,983,67213,4060-13,406
SLB LIMITED(SLB)1,909,7881,306,620-603,16865,63950,1484.01%-15,491
SANDSTORM GOLD LTD1,586,6020-1,586,60219,8640-19,864
SOCIEDAD QUIMICA Y MINERA DE(SQM)812,9440-812,94434,9400-34,940
NOVAGOLD RES INC13,137,5778,429,379-4,708,198115,61178,5626.27%-37,049
BARRICK MNG CORP(B)3,057,390590,051-2,467,339100,19125,6972.05%-74,494
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