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Kopernik Global Investors, LLC — 13F Holdings & Portfolio

CIK 1599814 · latest 13F-HR filed 2026-08-11

Backtest portfolio

Kopernik Global Investors, LLC manages $1.63B in 13F-reported U.S. long-equity assets across 30 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are RRC (14.98%), SA (11.91%), EXE (9.63%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 3 new positions, exited 4, added to 12, and trimmed 8.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
2502 N ROCKY POINT DRIVE
SUITE 300
TAMPA, FL 33607
Phone
(813) 314-6127
Filing Manager
Kopernik Global Investors, LLC
TAMPA, FL
Signatory
Sarah Bertrand
General Counsel
Loading holdings…
AUM

$1.63B

Long-equity book

Holdings

30

Distinct positions

Period

2026-06-30

Filed 2026-08-11

Q/Q Activity

+3 / −4 / ↑12 / ↓8

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • EXPAND ENERGY CORPORATION$67.8M +76.0%
  • RANGE RES CORP$55.3M +29.2%
  • WEYERHAEUSER CO$43.4M +93.4%
  • KT CORP$42.1M +36.9%
  • NUTRIEN LTD$30.1M +28.0%
Show all 12 →

Top Trims

  • CENTENE CORP DEL-$40.9M -49.6%
  • FRANKLIN RESOURCES INC-$39.3M -47.2%
  • BARRICK MNG CORP-$17.9M -78.4%
  • NOVAGOLD RESOURCES INC-$17.3M -29.6%
  • IVANHOE ELECTRIC INC-$11.2M -52.9%
Show all 8 →

New Positions

  • SEABRIDGE GOLD INC$194.5M
  • EPAM SYS INC$32.0M
  • MOSAIC CO$23.7M
Show all 3 →

Exited Positions

  • SEABRIDGE GOLD INC$207.8M
  • MOLINA HEALTHCARE INC$38.9M
  • HUMANA INC$19.7M
  • AIR LEASE CORP$18.0M
Show all 4 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 RANGE RES CORP RRC 75281A109 $244.6M 14.98% 6,575,941 SH
2 SEABRIDGE GOLD INC SA 811927102 $194.5M 11.91% 7,554,992 SH
3 EXPAND ENERGY CORPORATION EXE 165167735 $157.2M 9.63% 1,723,513 SH
4 KT CORP KT 48268K101 $156.3M 9.57% 9,043,938 SH
5 NUTRIEN LTD NTR 67077M108 $137.6M 8.43% 2,185,431 SH
6 WEYERHAEUSER CO WY 962166104 $90.0M 5.51% 3,758,427 SH
7 CONCENTRIX CORP CNXC 20602D101 $71.2M 4.36% 3,175,766 SH
8 RAYONIER INC RYN 754907103 $69.6M 4.26% 3,268,598 SH
9 NORTHERN DYNASTY MINERALS LT NAK 66510M204 $61.8M 3.79% 32,178,392 SH
10 CRESUD S A C I F Y A CRESY 226406106 $53.4M 3.27% 4,767,644 SH
11 NICE LTD NICE 653656108 $51.1M 3.13% 563,013 SH
12 FRANKLIN RESOURCES INC BEN 354613101 $43.9M 2.69% 1,320,571 SH
13 ROYAL GOLD INC RGLD 780287108 $42.9M 2.63% 214,983 SH
14 CENTENE CORP DEL CNC 15135B101 $41.5M 2.54% 646,716 SH
15 NOVAGOLD RESOURCES INC NG 66987E206 $41.2M 2.52% 6,898,074 SH
16 INTERNATIONAL TOWER HILL MIN THM 46050R102 $37.3M 2.29% 18,767,533 SH
17 EPAM SYS INC EPAM 29414B104 $32.0M 1.96% 402,809 SH
18 COMCAST CORP NEW CMCSA 20030N101 $31.4M 1.92% 1,278,141 SH
19 VISTA GOLD CORP VGZ 927926303 $26.8M 1.64% 14,049,338 SH
20 MOSAIC CO MOS 61945C103 $23.7M 1.45% 1,119,095 SH
21 IVANHOE ELECTRIC INC IE 46578C108 $9.9M 0.61% 1,033,970 SH
22 BARRICK MNG CORP B 06849F108 $4.9M 0.30% 134,459 SH
23 NEWMONT CORP NEM 651639106 $4.7M 0.29% 50,328 SH
24 KOREA ELEC PWR CORP KEP 500631106 $2.5M 0.15% 207,140 SH
25 IRSA INVERSIONES Y REP S A IRS 450047303 $1.3M 0.08% 85,360 SH
26 PLATINUM GROUP METALS LTD PLG 72765Q882 $549.6K 0.03% 407,105 SH
27 AUTOZONE INC Put AZO 053332102 $260.8K 0.02% 400 SH
28 AMGEN INC Put AMGN 031162100 $38.0K 0.00% 4,200 SH
29 APPLE INC Put AAPL 037833100 $34.0K 0.00% 5,000 SH
30 ABBVIE INC Put ABBV 00287Y109 $33.6K 0.00% 4,600 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-11 $1.63B 30 0001599814-26-000005
2026-03-31 2026-05-13 $1.43B 31 0001599814-26-000003
2025-12-31 2026-02-13 $1.25B 27 0001599814-26-000002
2025-09-30 2025-11-14 $1.23B 28 0001599814-25-000011