Kopernik Global Investors, LLC
CIK: 0001599814SEC EDGAR →
Portfolio Value
$1.3B
Holdings
27
As of
Q4 2025
New Positions
3
Closed Positions
2
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | SEABRIDGE GOLD INC | 6,979,611 | $206.5M | 16.49% |
| 2 | RANGE RES CORP | 5,238,903 | $184.7M | 14.75% |
| 3 | KT CORP | 5,768,752 | $109.4M | 8.74% |
| 4 | NUTRIEN LTD | 1,753,659 | $108.2M | 8.64% |
| 5 | CENTENE CORP DEL | 2,025,052 | $83.3M | 6.66% |
| 6 | FRANKLIN RESOURCES INC | 3,369,165 | $80.5M | 6.43% |
| 7 | NOVAGOLD RES INC | 8,429,379 | $78.6M | 6.27% |
| 8 | EXPAND ENERGY CORPORATION | 681,579 | $75.2M | 6.01% |
| 9 | CRESUD S A C I F Y A | 4,246,881 | $53.6M | 4.28% |
| 10 | SLB LIMITED | 1,306,620 | $50.1M | 4.01% |
Quarterly Changes
Top Buys
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Energy | 3 | $310.1M | 24.8% |
| Basic Materials | 7 | $308.9M | 24.7% |
| Financial Services | 2 | $287.0M | 22.9% |
| Communication Services | 2 | $128.8M | 10.3% |
| Healthcare | 4 | $105.2M | 8.4% |
| Unknown | 2 | $80.5M | 6.4% |
| Industrials | 3 | $19.9M | 1.6% |
| Technology | 2 | $6.9M | 0.6% |
| Utilities | 1 | $4.4M | 0.4% |
| Consumer Cyclical | 1 | $213K | 0.0% |