Latest Kopernik Global Investors, LLC Stock Portfolio

$1.43Billion– No. of Holdings #27

Kopernik Global Investors, LLC Performance:

2026 Q1: 2.06%YTD: 2.06%2025: 59.45%

Performance for 2026 Q1 is 2.06%, and YTD is 2.06%, and 2025 is 59.45%.

About Kopernik Global Investors, LLC and 13F Hedge Fund Stock Holdings

Kopernik Global Investors, LLC is a hedge fund based in Tampa, FL. On 2026-05-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Kopernik Global Investors, LLC reported an equity portfolio of $1.4 Billions as of 31 Mar, 2026.

The top stock holdings of Kopernik Global Investors, LLC are SA, RRC, KT. The fund has invested 14.5% of it's portfolio in SEABRIDGE GOLD INC and 13.2% of portfolio in RANGE RES CORP.

The fund managers got completely rid off SLB LIMITED (SLB) stocks. They significantly reduced their stock positions in NEWMONT CORP (NEM), ROYAL GOLD INC (RGLD) and NOVAGOLD RESOURCES INC (NG). Kopernik Global Investors, LLC opened new stock positions in WEYERHAEUSER CO (WY), RAYONIER INC (RYN) and CONCENTRIX CORP (CNXC). The fund showed a lot of confidence in some stocks as they added substantially to VISTA GOLD CORP (VGZ), IVANHOE ELECTRIC INC (IE) and MOLINA HEALTHCARE INC (MOH).

Kopernik Global Investors, LLC Equity Portfolio Value

Last Reported on: 13 May, 2026

Kopernik Global Investors, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Kopernik Global Investors, LLC made a return of 2.06% in the last quarter. In trailing 12 months, it's portfolio return was 46.03%.

Performance
S&P 500

New Buys

Ticker	$ Bought
weyerhaeuser co	46,529,200
rayonier inc	45,085,700
concentrix corp	44,523,100
nice ltd	27,669,500
humana inc	19,659,800
platinum group metals ltd	634,885

New stocks bought by Kopernik Global Investors, LLC

Additions

Ticker	% Inc.
vista gold corp	461
ivanhoe electric inc	316
molina healthcare inc	132
northern dynasty minerals lt	50.76
centene corp del	24.3
international tower hill min	22.16
expand energy corporation	19.37
seabridge gold inc	5.06

Additions to existing portfolio by Kopernik Global Investors, LLC

Reductions

Ticker	% Reduced
newmont corp	-96.72
royal gold inc	-58.91
korea elec pwr corp	-22.75
novagold resources inc	-22.75
range res corp	-20.05
nutrien ltd	-18.81
kt corp	-7.75
barrick mng corp	-5.09

Kopernik Global Investors, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
slb limited	-50,148,100

Kopernik Global Investors, LLC got rid off the above stocks

Sector Distribution

Kopernik Global Investors, LLC has about 42.3% of it's holdings in Others sector.

Others
Energy
Basic Materials
Healthcare
Real Estate
Financial Services
Technology
Industrials

Sector	%
Others	42.3
Energy	19.5
Basic Materials	11.8
Healthcare	9.8
Real Estate	6.4
Financial Services	5.8
Technology	3.1
Industrials	1.3

Market Cap. Distribution

Kopernik Global Investors, LLC has about 17.7% of it's portfolio invested in the large-cap and mega-cap stocks.

UNALLOCATED
MID-CAP
LARGE-CAP
SMALL-CAP

Category	%
UNALLOCATED	42.3
MID-CAP	25.9
LARGE-CAP	17.7
SMALL-CAP	14.1

Stocks belong to which Index?

About 25.8% of the stocks held by Kopernik Global Investors, LLC either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500
RUSSELL 2000

Index	%
Others	74.2
S&P 500	20.2
RUSSELL 2000	5.6

Top 5 Winners (%)		%
RRC	range res corp	25.3 %
THM	international tower hill min	21.1 %
NTR	nutrien ltd	20.2 %
KT	kt corp	12.6 %
RGLD	royal gold inc	10.2 %

Top 5 Winners ($)		$
RRC	range res corp	46.8 M
NTR	nutrien ltd	21.8 M
KT	kt corp	13.8 M
THM	international tower hill min	7.1 M
RGLD	royal gold inc	4.8 M

Top 5 Losers (%)		%
NAK	northern dynasty minerals lt	-25.3 %
CNC	centene corp del	-18.8 %
IE	ivanhoe electric inc	-17.9 %
MOH	molina healthcare inc	-17.8 %
KEP	korea elec pwr corp	-12.1 %

Top 5 Losers ($)		$
CNC	centene corp del	-19.1 M
NAK	northern dynasty minerals lt	-15.5 M
SA	seabridge gold inc	-8.9 M
MOH	molina healthcare inc	-8.4 M
IE	ivanhoe electric inc	-4.6 M

Kopernik Global Investors, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Kopernik Global Investors, LLC

Kopernik Global Investors, LLC has 27 stocks in it's portfolio. About 72.3% of the portfolio is in top 10 stocks. CNC proved to be the most loss making stock for the portfolio. RRC was the most profitable stock for Kopernik Global Investors, LLC last quarter.

Last Reported on: 13 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AL	air lease corp	1.26	277,612	18,028,100	reduced	-2.6

BEN	franklin resources inc	5.81	3,522,590	83,203,500	added	4.55

CHK	expand energy corporation	6.24	813,632	89,320,500	added	19.37

CMCSA	comcast corp new	1.30	649,213	18,638,900	unchanged	0.00

CNC	centene corp del	5.75	2,517,110	82,410,000	added	24.3

CNXC	concentrix corp	3.11	1,627,310	44,523,100	new

CRESY	cresud s a c i f y a	3.92	4,415,540	56,165,700	added	3.97

HUM	humana inc	1.37	113,385	19,659,800	new

IE	ivanhoe electric inc	1.47	1,784,170	21,088,900	added	316

IRS	irsa inversiones y rep s a	0.10	85,363	1,383,740	reduced	0.00

KEP	korea elec pwr corp	0.21	207,140	2,951,740	reduced	-22.75

KT	kt corp	7.97	5,321,920	114,155,000	reduced	-7.75

MOH	molina healthcare inc	2.72	291,941	38,915,700	added	132

NAK	northern dynasty minerals lt	3.19	32,655,800	45,718,200	added	50.76

NEM	newmont corp	0.01	761	82,378	reduced	-96.72

NG	novagold resources inc	4.08	6,511,730	58,475,300	reduced	-22.75

NICE	nice ltd	1.93	250,948	27,669,500	new

NTR	nutrien ltd	7.50	1,423,780	107,438,000	reduced	-18.81

PLG	platinum group metals ltd	0.04	358,692	634,885	new

RGLD	royal gold inc	1.53	86,159	21,926,600	reduced	-58.91