We are live on ! Find out more
KGI

Kopernik Global Investors Portfolio holdings

AUM $1.43B
1-Year Est. Return 63.57%
This Fund
S&P 500
This Quarter Est. Return
+7.43%
1 Year Est. Return
+63.57%
3 Year Est. Return
+151.94%
5 Year Est. Return
+287.31%
10 Year Est. Return
+695.98%
AUM
$961M
AUM Growth
-$29.6M
Cap. Flow
-$68.3M
Cap. Flow %
-7.11%
Top 10 Hldgs %
84.28%
Holding
38
New
1
Increased
15
Reduced
9
Closed
5

Top Buys

Rank Stock Value
1
KT icon
KT
KT
+$36.3M
2
SWN
Southwestern Energy Company
SWN
+$28M
3
RRC icon
Range Resources
RRC
+$6.45M
4
SAND
Sandstorm Gold
SAND
+$5.89M
5
IE icon
Ivanhoe Electric
IE
+$848K

Top Sells

Rank Stock Value
1
CCJ icon
Cameco
CCJ
+$47.7M
2
CS
Credit Suisse Group
CS
+$29.6M
3
SII
Sprott
SII
+$20.7M
4
IAG icon
IAMGOLD
IAG
+$14.5M
5
GDX icon
VanEck Gold Miners ETF
GDX
+$9.22M

Sector Composition

Rank Sector Weight
1 Materials 49.61%
2 Energy 26.37%
3 Communication Services 13.08%
4 Industrials 7.33%
5 Technology 1.52%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WPM icon
1
Wheaton Precious Metals
WPM
$56.9B
$124M 12.9%
2,573,597
-52,928
-2% -$2.31M
KT icon
2
KT
KT
$8.83B
$121M 12.63%
10,707,076
+2,836,834
+36% +$36.3M
SWN
3
DELISTED
Southwestern Energy Company
SWN
$105M 10.94%
21,025,014
+5,287,850
+34% +$28M
RRC icon
4
Range Resources
RRC
$9.01B
$93.6M 9.73%
3,534,893
+256,217
+8% +$6.45M
RGLD icon
5
Royal Gold
RGLD
$18.5B
$78.2M 8.14%
602,831
-21,804
-3% -$2.69M
HMY icon
6
Harmony Gold Mining
HMY
$11.3B
$71.6M 7.45%
17,459,280
+213,920
+1% +$761K
SKYW icon
7
Skywest
SKYW
$4.4B
$56.7M 5.9%
2,558,153
+26,845
+1% +$525K
NG icon
8
NovaGold Resources
NG
$3.03B
$55M 5.72%
8,840,561
+86,388
+1% +$526K
CCJ icon
9
Cameco
CCJ
$40.8B
$54.8M 5.7%
2,094,022
-1,803,093
-46% -$47.7M
IAG icon
10
IAMGOLD
IAG
$9.27B
$49.8M 5.18%
18,361,305
-5,681,124
-24% -$14.5M
SA
11
Seabridge Gold
SA
$3.12B
$35.1M 3.66%
2,713,816
+38,122
+1% +$471K
PPTA
12
Perpetua Resources
PPTA
$2.86B
$23.4M 2.43%
5,250,591
– –
SABR icon
13
Sabre
SABR
$886M
$14.6M 1.52%
3,397,132
-924,999
-21% -$5.3M
IE icon
14
Ivanhoe Electric
IE
$1.69B
$14.3M 1.49%
1,177,368
+63,251
+6% +$848K
KEP icon
15
Korea Electric Power
KEP
$16B
$11.5M 1.2%
1,660,792
– –
AL
16
DELISTED
Air Lease Corp
AL
$10.8M 1.12%
274,218
-117,807
-30% -$4.93M
THM
17
International Tower Hill Mines
THM
$552M
$8.43M 0.88%
14,047,222
– –
SAND
18
DELISTED
Sandstorm Gold
SAND
$7.7M 0.8%
1,326,040
+1,076,497
+431% +$5.89M
NAK
19
Northern Dynasty Minerals
NAK
$919M
$7.66M 0.8%
32,070,691
+65,358
+0.2% +$15.1K
SABRP
20
DELISTED
Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock
SABRP
– –
0
– –
VEON icon
21
VEON
VEON
$3.87B
$4.29M 0.45%
243,415
-397,315
-62% -$6.37M
AER icon
22
AerCap
AER
$24.4B
$2.94M 0.31%
52,267
– –
BABA icon
23
Alibaba
BABA
$304B
$2.03M 0.21%
19,900
-56,105
-74% -$5.62M
VGZ icon
24
Vista Gold
VGZ
$296M
$1.76M 0.18%
2,916,361
– –
SLV icon
25
CALL
iShares Silver Trust
SLV
$29.8B
$365K 0.04%
488,700
+302,000
+162% +$6.26M
1
2

Similar funds

KPF
K2 Principal Fund Toronto, Ontario, Canada $1.43B AUM 28.88% 1-Year Est. Return
SC
Styrax Capital New York $1.43B AUM 50.63% 1-Year Est. Return
WIM
Weitz Investment Management Omaha, Nebraska $1.43B AUM 0.51% 1-Year Est. Return
LCG
Luxor Capital Group New York $1.43B AUM 30.88% 1-Year Est. Return
CCM
Callodine Capital Management Boston, Massachusetts $1.43B AUM 8.74% 1-Year Est. Return
TS
Triglav Skladi Ljubljana, Slovenia $1.43B AUM 39.24% 1-Year Est. Return
SCA
Stonebridge Capital Advisors St Paul, Minnesota $1.43B AUM 21.98% 1-Year Est. Return
ICA
Infrastructure Capital Advisors New York $1.44B AUM 7.19% 1-Year Est. Return

Kopernik Global Investors's Q1 2023 Portfolio in Review

As of Q1 2023, Kopernik Global Investors held 38 positions worth $961M, down 3% from $991M the previous quarter. Its ten largest holdings account for 84% of the portfolio.

Kopernik Global Investors withdrew a net $68.3M in Q1 2023, closing 5 positions and reducing 9 holdings. Its most notable exit was Credit Suisse Group, an estimated $29.6M position sold in full.

By sector, the portfolio is most concentrated in Materials at 50% of assets, up from 43% a quarter earlier, followed by Energy and Communication Services.

Against the trend, Kopernik Global Investors added an estimated $36.3M to KT.

  • Kopernik Global Investors added most to KT in Q1 2023, an estimated $36.3M increase.
  • Kopernik Global Investors's biggest Q1 2023 reduction was Cameco, cutting an estimated $47.7M.
  • Kopernik Global Investors fully exited Credit Suisse Group in Q1 2023, selling an estimated $29.6M.
  • Kopernik Global Investors's ten largest holdings make up 84% of its $961M portfolio in Q1 2023.
  • Kopernik Global Investors opened 1 new position and closed 5 in Q1 2023.
  • Kopernik Global Investors's portfolio value fell 3% quarter-over-quarter to $961M.

Based on Kopernik Global Investors's 13F filing for Q1 2023, filed 12 May 2023.