# Kopernik Global Investors, LLC: Form 13F holdings

An institutional investment manager in TAMPA, FL. SEC CIK 1599814.

- Quarter ended: 2026-06-30
- Filed: 2026-08-11
- Reported value: $1.63bn
- Positions: 30 (30 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1599814/000159981426000005/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [RANGE RES CORP (RRC)](/companies/rrc.md) | COM | $244.6m | 15.0% | 6,575,941 |  | Added +2,387,327 |
| [SEABRIDGE GOLD INC (SA)](/companies/sa.md) | COM | $194.5m | 11.9% | 7,554,992 |  | New +7,554,992 |
| [EXPAND ENERGY CORPORATION (EXE)](/companies/exe.md) | COM | $157.2m | 9.6% | 1,723,513 |  | Added +909,881 |
| [KT CORP (KT)](/companies/kt.md) | SPONSORED ADR | $156.3m | 9.6% | 9,043,938 |  | Added +3,722,016 |
| [NUTRIEN LTD (NTR)](/companies/ntr.md) | COM | $137.6m | 8.4% | 2,185,431 |  | Added +761,651 |
| [WEYERHAEUSER CO (WY)](/companies/wy.md) | COM NEW | $90.0m | 5.5% | 3,758,427 |  | Added +1,853,836 |
| [CONCENTRIX CORP (CNXC)](/companies/cnxc.md) | COM | $71.2m | 4.4% | 3,175,766 |  | Added +1,548,460 |
| [RAYONIER INC (RYN)](/companies/ryn.md) | COM | $69.6m | 4.3% | 3,268,598 |  | Added +1,082,095 |
| [NORTHERN DYNASTY MINERALS LT (NAK)](/companies/nak.md) | COM NEW | $61.8m | 3.8% | 32,178,392 |  | Reduced −477,454 |
| [CRESUD S A C I F Y A (CRESY)](/companies/cresy.md) | SPONSORED ADR | $53.4m | 3.3% | 4,767,644 |  | Added +352,101 |
| [NICE LTD (NICE)](/companies/nice.md) | SPONSORED ADR | $51.1m | 3.1% | 563,013 |  | Added +312,065 |
| [FRANKLIN RESOURCES INC (BEN)](/companies/ben.md) | COM | $43.9m | 2.7% | 1,320,571 |  | Reduced −2,202,016 |
| [ROYAL GOLD INC (RGLD)](/companies/rgld.md) | COM | $42.9m | 2.6% | 214,983 |  | Added +128,824 |
| [CENTENE CORP DEL (CNC)](/companies/cnc.md) | COM | $41.5m | 2.5% | 646,716 |  | Reduced −1,870,390 |
| [NOVAGOLD RESOURCES INC (NG)](/companies/ng.md) | COM NEW | $41.2m | 2.5% | 6,898,074 |  | Added +386,345 |
| [INTERNATIONAL TOWER HILL MIN (THM)](/companies/thm.md) | COM | $37.3m | 2.3% | 18,767,533 |  | Added +1,117,101 |
| [EPAM SYS INC (EPAM)](/companies/epam.md) | COM | $32.0m | 2.0% | 402,809 |  | New +402,809 |
| [COMCAST CORP NEW (CMCSA)](/companies/cmcsa.md) | CL A | $31.4m | 1.9% | 1,278,141 |  | Added +628,928 |
| [VISTA GOLD CORP (VGZ)](/companies/vgz.md) | COM NEW | $26.8m | 1.6% | 14,049,338 |  | Added +197,328 |
| [MOSAIC CO (MOS)](/companies/mos.md) | COM | $23.7m | 1.5% | 1,119,095 |  | New +1,119,095 |
| [IVANHOE ELECTRIC INC (IE)](/companies/ie.md) | COM | $9.9m | 0.6% | 1,033,970 |  | Reduced −750,200 |
| [BARRICK MNG CORP (B)](/companies/b.md) | COM SHS | $4.9m | 0.3% | 134,459 |  | Reduced −425,585 |
| [NEWMONT CORP (NEM)](/companies/nem.md) | COM | $4.7m | 0.3% | 50,328 |  | Added +49,567 |
| [KOREA ELEC PWR CORP (KEP)](/companies/kep.md) | SPONSORED ADR | $2.5m | 0.2% | 207,140 |  | Unchanged |
| [IRSA INVERSIONES Y REP S A (IRS)](/companies/irs.md) | SPON GDS ECH  10 | $1.3m | <0.1% | 85,360 |  | Reduced −3 |
| [PLATINUM GROUP METALS LTD (PLG)](/companies/plg.md) | COM | $549.6k | <0.1% | 407,105 |  | Added +48,413 |
| [AUTOZONE INC (AZO)](/companies/azo.md) | COM | $260.8k | <0.1% | 400 | Put | Unchanged |
| [AMGEN INC (AMGN)](/companies/amgn.md) | COM | $38.0k | <0.1% | 4,200 | Put | Unchanged |
| [APPLE INC (AAPL)](/companies/aapl.md) | COM | $34.0k | <0.1% | 5,000 | Put | Unchanged |
| [ABBVIE INC (ABBV)](/companies/abbv.md) | COM | $33.6k | <0.1% | 4,600 | Put | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| AIR LEASE CORP | CL A | $0 | 0.0% | 0 |  | Sold out −277,612 |
| [HUMANA INC (HUM)](/companies/hum.md) | COM | $0 | 0.0% | 0 |  | Sold out −113,385 |
| [MOLINA HEALTHCARE INC (MOH)](/companies/moh.md) | COM | $0 | 0.0% | 0 |  | Sold out −291,941 |
| SEABRIDGE GOLD INC | COM | $0 | 0.0% | 0 |  | Sold out −7,332,863 |

Source: SEC EDGAR, Form 13F-HR, accession 0001599814-26-000005. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.