Filed: 5/14/2025ACC: 0001599814-25-000003
📋 What this filing means
KOPERNIK GLOBAL INVESTORS, LLC filed this quarterly 13F‑HR report disclosing 31 equity positions with a total reported market value of $964.75M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
31
Positions
$964.75M
Total AUM (reported)
96.15M
Total Shares
Allocation by class
COM$651.19M67.5%
SPONSORED ADR$142.24M14.7%
COM NEW$95.96M9.9%
SPON ADR SER B$60.54M6.3%
CL A$14.34M1.5%
ISHARES$482.1K0.0%
Portfolio Concentration
Top 3$323.50M33.5%
4–10$445.93M46.2%
11–25$195.12M20.2%
Rest$194.4K0.0%
Top 3 weight
33.5%
Top 10 weight
79.8%
Voting Authority Distribution
Total shares with voting rights: 96.15M
Sole
Full voting authority
94M
shares
% of voting shares97.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.15M
shares
% of voting shares2.2%
Investment Discretion (by position count)
Sole31
Shared0
Other0
Dominant voting typeSole · 97.8% of voting shares
Institutional Holdings31
Rows:
RANGE RES CORP
SOLEShares2.85M
TypeSH
Market value$113.67M
11.78%
Sole
2.78M
Shared
0.00
None
69.10K
KT CORP
SOLEShares6.31M
TypeSH
Market value$111.78M
11.59%
Sole
6.12M
Shared
0.00
None
192.27K
BARRICK GOLD CORP
SOLEShares5.04M
TypeSH
Market value$98.06M
10.16%
Sole
4.94M
Shared
0.00
None
107.76K
EXPAND ENERGY CORPORATION
SOLEShares864.49K
TypeSH
Market value$96.23M
9.98%
Sole
843.55K
Shared
0.00
None
20.94K
SEABRIDGE GOLD INC
SOLEShares7.34M
TypeSH
Market value$85.69M
8.88%
Sole
7.19M
Shared
0.00
None
149.99K
SOCIEDAD QUIMICA Y MINERA DE
SOLEShares1.52M
TypeSH
Market value$60.54M
6.27%
Sole
1.49M
Shared
0.00
None
30.75K
NOVAGOLD RES INC
SOLEShares18.59M
TypeSH
Market value$54.29M
5.63%
Sole
18.17M
Shared
0.00
None
421.17K
WHEATON PRECIOUS METALS CORP
SOLEShares692.50K
TypeSH
Market value$53.76M
5.57%
Sole
680.44K
Shared
0.00
None
12.06K
ROYAL GOLD INC
SOLEShares296.79K
TypeSH
Market value$48.53M
5.03%
Sole
290.91K
Shared
0.00
None
5.88K
FRANKLIN RESOURCES INC
SOLEShares2.44M
TypeSH
Market value$46.89M
4.86%
Sole
2.38M
Shared
0.00
None
59.70K
NUTRIEN LTD
SOLEShares571.48K
TypeSH
Market value$28.39M
2.94%
Sole
559.94K
Shared
0.00
None
11.54K
NORTHERN DYNASTY MINERALS LT
SOLEShares19.67M
TypeSH
Market value$22.62M
2.34%
Sole
19.33M
Shared
0.00
None
338.91K
CRESUD S A C I F Y A
SOLEShares2M
TypeSH
Market value$22.06M
2.29%
Sole
1.94M
Shared
0.00
None
55.16K
NEWMONT CORP
SOLEShares406.62K
TypeSH
Market value$19.63M
2.03%
Sole
394.87K
Shared
0.00
None
11.75K
AMENTUM HOLDINGS INC
SOLEShares1.08M
TypeSH
Market value$19.61M
2.03%
Sole
1.05M
Shared
0.00
None
26.12K
IVANHOE ELECTRIC INC
SOLEShares3.34M
TypeSH
Market value$19.41M
2.01%
Sole
3.26M
Shared
0.00
None
77.52K
SANDSTORM GOLD LTD
SOLEShares2.08M
TypeSH
Market value$15.71M
1.63%
Sole
2.03M
Shared
0.00
None
47.86K
AIR LEASE CORP
SOLEShares296.91K
TypeSH
Market value$14.34M
1.49%
Sole
290.39K
Shared
0.00
None
6.52K
PERPETUA RESOURCES CORP
SOLEShares1.10M
TypeSH
Market value$11.81M
1.22%
Sole
1.08M
Shared
0.00
None
25.42K
INTERNATIONAL TOWER HILL MIN
SOLEShares14.45M
TypeSH
Market value$9.13M
0.95%
Sole
14.07M
Shared
0.00
None
376.17K
KOREA ELEC PWR CORP
SOLEShares1.10M
TypeSH
Market value$8.15M
0.84%
Sole
993.80K
Shared
0.00
None
106.11K
VISTA GOLD CORP
SOLEShares4.04M
TypeSH
Market value$3.35M
0.35%
Sole
4.04M
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares15.56K
TypeSH
Market value$482.1K
0.05%
Sole
15.56K
Shared
0.00
None
0.00
HARMONY GOLD MINING CO LTD
SOLEShares17.21K
TypeSH
Market value$254.3K
0.03%
Sole
17.21K
Shared
0.00
None
0.00
APPLE INC
SOLEShares5K
TypeSH
Market value$192.5K
0.02%
Sole
5K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
RANGE RES CORPSOLE | COM | 2.85M | SH | $113.67M 11.78% | 2.78M | 0.00 | 69.10K |
KT CORPSOLE | SPONSORED ADR | 6.31M | SH | $111.78M 11.59% | 6.12M | 0.00 | 192.27K |
BARRICK GOLD CORPSOLE | COM | 5.04M | SH | $98.06M 10.16% | 4.94M | 0.00 | 107.76K |
EXPAND ENERGY CORPORATIONSOLE | COM | 864.49K | SH | $96.23M 9.98% | 843.55K | 0.00 | 20.94K |
SEABRIDGE GOLD INCSOLE | COM | 7.34M | SH | $85.69M 8.88% | 7.19M | 0.00 | 149.99K |
SOCIEDAD QUIMICA Y MINERA DESOLE | SPON ADR SER B | 1.52M | SH | $60.54M 6.27% | 1.49M | 0.00 | 30.75K |
NOVAGOLD RES INCSOLE | COM NEW | 18.59M | SH | $54.29M 5.63% | 18.17M | 0.00 | 421.17K |
WHEATON PRECIOUS METALS CORPSOLE | COM | 692.50K | SH | $53.76M 5.57% | 680.44K | 0.00 | 12.06K |
ROYAL GOLD INCSOLE | COM | 296.79K | SH | $48.53M 5.03% | 290.91K | 0.00 | 5.88K |
FRANKLIN RESOURCES INCSOLE | COM | 2.44M | SH | $46.89M 4.86% | 2.38M | 0.00 | 59.70K |
NUTRIEN LTDSOLE | COM | 571.48K | SH | $28.39M 2.94% | 559.94K | 0.00 | 11.54K |
NORTHERN DYNASTY MINERALS LTSOLE | COM NEW | 19.67M | SH | $22.62M 2.34% | 19.33M | 0.00 | 338.91K |
CRESUD S A C I F Y ASOLE | SPONSORED ADR | 2M | SH | $22.06M 2.29% | 1.94M | 0.00 | 55.16K |
NEWMONT CORPSOLE | COM | 406.62K | SH | $19.63M 2.03% | 394.87K | 0.00 | 11.75K |
AMENTUM HOLDINGS INCSOLE | COM | 1.08M | SH | $19.61M 2.03% | 1.05M | 0.00 | 26.12K |
IVANHOE ELECTRIC INCSOLE | COM | 3.34M | SH | $19.41M 2.01% | 3.26M | 0.00 | 77.52K |
SANDSTORM GOLD LTDSOLE | COM NEW | 2.08M | SH | $15.71M 1.63% | 2.03M | 0.00 | 47.86K |
AIR LEASE CORPSOLE | CL A | 296.91K | SH | $14.34M 1.49% | 290.39K | 0.00 | 6.52K |
PERPETUA RESOURCES CORPSOLE | COM | 1.10M | SH | $11.81M 1.22% | 1.08M | 0.00 | 25.42K |
INTERNATIONAL TOWER HILL MINSOLE | COM | 14.45M | SH | $9.13M 0.95% | 14.07M | 0.00 | 376.17K |
KOREA ELEC PWR CORPSOLE | SPONSORED ADR | 1.10M | SH | $8.15M 0.84% | 993.80K | 0.00 | 106.11K |
VISTA GOLD CORPSOLE | COM NEW | 4.04M | SH | $3.35M 0.35% | 4.04M | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 15.56K | SH | $482.1K 0.05% | 15.56K | 0.00 | 0.00 |
HARMONY GOLD MINING CO LTDSOLE | SPONSORED ADR | 17.21K | SH | $254.3K 0.03% | 17.21K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 5K | SH | $192.5K 0.02% | 5K | 0.00 | 0.00 |
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