Filed: 8/14/2025ACC: 0001599814-25-000007
📋 What this filing means
KOPERNIK GLOBAL INVESTORS, LLC filed this quarterly 13F‑HR report disclosing 27 equity positions with a total reported market value of $910.77M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
27
Positions
$910.77M
Total AUM (reported)
93.23M
Total Shares
Allocation by class
COM$479.73M52.7%
COM NEW$123.34M13.5%
SPONSORED ADR$118.43M13.0%
COM SHS$106.77M11.7%
SPON ADR SER B$64.97M7.1%
CL A$16.77M1.8%
ISHARES$758.0K0.1%
Portfolio Concentration
Top 3$328.24M36.0%
4–10$425.33M46.7%
11–25$157.15M17.3%
Rest$51.1K0.0%
Top 3 weight
36.0%
Top 10 weight
82.7%
Voting Authority Distribution
Total shares with voting rights: 93.23M
Sole
Full voting authority
91.03M
shares
% of voting shares97.6%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.20M
shares
% of voting shares2.4%
Investment Discretion (by position count)
Sole27
Shared0
Other0
Dominant voting typeSole · 97.6% of voting shares
Institutional Holdings27
Rows:
RANGE RES CORP
SOLEShares2.81M
TypeSH
Market value$114.27M
12.55%
Sole
2.74M
Shared
0.00
None
65.01K
SEABRIDGE GOLD INC
SOLEShares7.38M
TypeSH
Market value$107.20M
11.77%
Sole
7.23M
Shared
0.00
None
149.99K
BARRICK MNG CORP
SOLEShares5.13M
TypeSH
Market value$106.77M
11.72%
Sole
5.03M
Shared
0.00
None
98.91K
KT CORP
SOLEShares4.28M
TypeSH
Market value$88.86M
9.76%
Sole
4.14M
Shared
0.00
None
140.59K
NOVAGOLD RES INC
SOLEShares19.12M
TypeSH
Market value$78.18M
8.58%
Sole
18.52M
Shared
0.00
None
592.90K
FRANKLIN RESOURCES INC
SOLEShares2.84M
TypeSH
Market value$67.83M
7.45%
Sole
2.78M
Shared
0.00
None
66.59K
SOCIEDAD QUIMICA Y MINERA DE
SOLEShares1.84M
TypeSH
Market value$64.97M
7.13%
Sole
1.80M
Shared
0.00
None
38.80K
EXPAND ENERGY CORPORATION
SOLEShares522.72K
TypeSH
Market value$61.13M
6.71%
Sole
510.62K
Shared
0.00
None
12.09K
NUTRIEN LTD
SOLEShares573.64K
TypeSH
Market value$33.41M
3.67%
Sole
562.11K
Shared
0.00
None
11.54K
IVANHOE ELECTRIC INC
SOLEShares3.41M
TypeSH
Market value$30.95M
3.40%
Sole
3.33M
Shared
0.00
None
79.33K
NORTHERN DYNASTY MINERALS LT
SOLEShares19.67M
TypeSH
Market value$26.35M
2.89%
Sole
19.33M
Shared
0.00
None
338.91K
CRESUD S A C I F Y A
SOLEShares2.39M
TypeSH
Market value$25.75M
2.83%
Sole
2.33M
Shared
0.00
None
63.22K
AIR LEASE CORP
SOLEShares286.68K
TypeSH
Market value$16.77M
1.84%
Sole
280.59K
Shared
0.00
None
6.09K
SANDSTORM GOLD LTD
SOLEShares1.60M
TypeSH
Market value$15.07M
1.65%
Sole
1.57M
Shared
0.00
None
37.01K
AMENTUM HOLDINGS INC
SOLEShares636.23K
TypeSH
Market value$15.02M
1.65%
Sole
621.52K
Shared
0.00
None
14.70K
ROYAL GOLD INC
SOLEShares81.08K
TypeSH
Market value$14.42M
1.58%
Sole
79.63K
Shared
0.00
None
1.45K
INTERNATIONAL TOWER HILL MIN
SOLEShares14.45M
TypeSH
Market value$12.36M
1.36%
Sole
14.07M
Shared
0.00
None
376.17K
NEXGEN ENERGY LTD
SOLEShares1.76M
TypeSH
Market value$12.22M
1.34%
Sole
1.73M
Shared
0.00
None
35.41K
NEWMONT CORP
SOLEShares180.57K
TypeSH
Market value$10.52M
1.16%
Sole
177.73K
Shared
0.00
None
2.84K
KOREA ELEC PWR CORP
SOLEShares268.15K
TypeSH
Market value$3.82M
0.42%
Sole
201.35K
Shared
0.00
None
66.80K
VISTA GOLD CORP
SOLEShares3.83M
TypeSH
Market value$3.74M
0.41%
Sole
3.83M
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares153.56K
TypeSH
Market value$758.0K
0.08%
Sole
153.56K
Shared
0.00
None
0.00
APPLE INC
SOLEShares5K
TypeSH
Market value$247.3K
0.03%
Sole
5K
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares4.20K
TypeSH
Market value$62.4K
<0.01%
Sole
4.20K
Shared
0.00
None
0.00
PAYCHEX INC
SOLEShares5.60K
TypeSH
Market value$49.3K
<0.01%
Sole
5.60K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
RANGE RES CORPSOLE | COM | 2.81M | SH | $114.27M 12.55% | 2.74M | 0.00 | 65.01K |
SEABRIDGE GOLD INCSOLE | COM | 7.38M | SH | $107.20M 11.77% | 7.23M | 0.00 | 149.99K |
BARRICK MNG CORPSOLE | COM SHS | 5.13M | SH | $106.77M 11.72% | 5.03M | 0.00 | 98.91K |
KT CORPSOLE | SPONSORED ADR | 4.28M | SH | $88.86M 9.76% | 4.14M | 0.00 | 140.59K |
NOVAGOLD RES INCSOLE | COM NEW | 19.12M | SH | $78.18M 8.58% | 18.52M | 0.00 | 592.90K |
FRANKLIN RESOURCES INCSOLE | COM | 2.84M | SH | $67.83M 7.45% | 2.78M | 0.00 | 66.59K |
SOCIEDAD QUIMICA Y MINERA DESOLE | SPON ADR SER B | 1.84M | SH | $64.97M 7.13% | 1.80M | 0.00 | 38.80K |
EXPAND ENERGY CORPORATIONSOLE | COM | 522.72K | SH | $61.13M 6.71% | 510.62K | 0.00 | 12.09K |
NUTRIEN LTDSOLE | COM | 573.64K | SH | $33.41M 3.67% | 562.11K | 0.00 | 11.54K |
IVANHOE ELECTRIC INCSOLE | COM | 3.41M | SH | $30.95M 3.40% | 3.33M | 0.00 | 79.33K |
NORTHERN DYNASTY MINERALS LTSOLE | COM NEW | 19.67M | SH | $26.35M 2.89% | 19.33M | 0.00 | 338.91K |
CRESUD S A C I F Y ASOLE | SPONSORED ADR | 2.39M | SH | $25.75M 2.83% | 2.33M | 0.00 | 63.22K |
AIR LEASE CORPSOLE | CL A | 286.68K | SH | $16.77M 1.84% | 280.59K | 0.00 | 6.09K |
SANDSTORM GOLD LTDSOLE | COM NEW | 1.60M | SH | $15.07M 1.65% | 1.57M | 0.00 | 37.01K |
AMENTUM HOLDINGS INCSOLE | COM | 636.23K | SH | $15.02M 1.65% | 621.52K | 0.00 | 14.70K |
ROYAL GOLD INCSOLE | COM | 81.08K | SH | $14.42M 1.58% | 79.63K | 0.00 | 1.45K |
INTERNATIONAL TOWER HILL MINSOLE | COM | 14.45M | SH | $12.36M 1.36% | 14.07M | 0.00 | 376.17K |
NEXGEN ENERGY LTDSOLE | COM | 1.76M | SH | $12.22M 1.34% | 1.73M | 0.00 | 35.41K |
NEWMONT CORPSOLE | COM | 180.57K | SH | $10.52M 1.16% | 177.73K | 0.00 | 2.84K |
KOREA ELEC PWR CORPSOLE | SPONSORED ADR | 268.15K | SH | $3.82M 0.42% | 201.35K | 0.00 | 66.80K |
VISTA GOLD CORPSOLE | COM NEW | 3.83M | SH | $3.74M 0.41% | 3.83M | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 153.56K | SH | $758.0K 0.08% | 153.56K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 5K | SH | $247.3K 0.03% | 5K | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 4.20K | SH | $62.4K <0.01% | 4.20K | 0.00 | 0.00 |
PAYCHEX INCSOLE | COM | 5.60K | SH | $49.3K <0.01% | 5.60K | 0.00 | 0.00 |
Page 1 of 2