Kopernik Global Investors, LLC holds a focused book of 26 stocks worth $1.6B as of Q2 2026 (disclosed Aug 11, 2026, a ~42-day 13F lag). This quarter they opened Seabridge Gold Inc and trimmed Northern Dynasty Minerals. Their largest long position is Range Resources Corp at 15% of the equity book. They also disclosed $366K in put options (a bearish bet), shown separately below and excluded from the equity book. Cloning the disclosed picks since 2024 would be +110% (+51.2%/yr). That is a simulation of the disclosed long book, not audited returns.
The reported book (valued from quarter-end) returned +114.2%, a 4.6-point gap that is the cost of the ~42-day 13F disclosure lag a real follower can't avoid.
Growth of $10,000 cloning Kopernik Global Investors, LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~42 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.
Top-heavy: focused book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
88% mapped to company sectors
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices, no cost basis
Other tracked managers holding the same core names as Kopernik Global Investors, LLC
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| MORGAN STANLEY | 38 / 26 | $9.8B |
| ROYAL BANK OF CANADA | 38 / 26 | $6.8B |
| UBS Group AG | 38 / 26 | $6.0B |
| OSAIC HOLDINGS, INC. | 38 / 26 | $148.3M |
| BlackRock, Inc. | 37 / 26 | $48.8B |
| JPMORGAN CHASE & CO | 37 / 26 | $8.2B |
| GOLDMAN SACHS GROUP INC | 37 / 26 | $6.8B |
| BANK OF AMERICA CORP /DE/ | 37 / 26 | $5.4B |
Ranked by how many of Kopernik Global Investors, LLC's top 26 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.
Bars show each stock's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Range Res Corp COM | $244.6M | 6.58M | 15.0% | ▲+57% Added · +2.4M sh | |
| 2 | Seabridge Gold Inc COM | $194.5M | 7.55M | 11.9% | ▲New New position | |
| 3 | Expand Energy Corporation COM | $157.2M | 1.72M | 9.6% | ▲+112% Added · +910K sh | |
| 4 | KT Corp SPONSORED ADR | $156.3M | 9.04M | 9.6% | ▲+70% Added · +3.7M sh | |
| 5 | Nutrien Ltd COM | $137.6M | 2.19M | 8.4% | ▲+53% Added · +762K sh | |
| 6 | Weyerhaeuser Co COM NEW | $90.0M | 3.76M | 5.5% | ▲+97% Added · +1.9M sh | |
| 7 | Concentrix Corp COM | $71.2M | 3.18M | 4.4% | ▲+95% Added · +1.5M sh | |
| 8 | Rayonier Inc COM | $69.6M | 3.27M | 4.3% | ▲+49% Added · +1.1M sh | |
| 9 | Northern Dynasty Minerals LT COM NEW | $61.8M | 32.18M | 3.8% | ▼−1.5% Reduced · −477K sh | |
| 10 | Cresud S A C I F Y A SPONSORED ADR | $53.4M | 4.77M | 3.3% | ▲+8.0% Added · +352K sh | |
| 11 | Nice Ltd SPONSORED ADR | $51.1M | 563.0K | 3.1% | ▲+124% Added · +312K sh | |
| 12 | Franklin Resources Inc COM | $43.9M | 1.32M | 2.7% | ▼−63% Reduced · −2.2M sh | |
| 13 | Royal Gold Inc COM | $42.9M | 215.0K | 2.6% | ▲+150% Added · +129K sh | |
| 14 | Centene Corp Del COM | $41.5M | 646.7K | 2.5% | ▼−74% Reduced · −1.9M sh | |
| 15 | Novagold Resources Inc COM NEW | $41.2M | 6.90M | 2.5% | ▲+5.9% Added · +386K sh | |
| 16 | International Tower Hill Min COM | $37.3M | 18.77M | 2.3% | ▲+6.3% Added · +1.1M sh | |
| 17 | Epam Sys Inc COM | $32.0M | 402.8K | 2.0% | ▲New New position | |
| 18 | Comcast Corp New CL A | $31.4M | 1.28M | 1.9% | ▲+97% Added · +629K sh | |
| 19 | Vista Gold Corp COM NEW | $26.8M | 14.05M | 1.6% | ▲+1.4% Added · +197K sh | |
| 20 | Mosaic Co COM | $23.7M | 1.12M | 1.5% | ▲New New position | |
| 21 | Ivanhoe Electric Inc COM | $9.9M | 1.03M | 0.6% | ▼−42% Reduced · −750K sh | |
| 22 | Barrick MNG Corp COM SHS | $4.9M | 134.5K | 0.3% | ▼−76% Reduced · −426K sh | |
| 23 | Newmont Corp COM | $4.7M | 50.3K | 0.3% | ▲66× Added · +50K sh | |
| 24 | Korea Elec PWR Corp SPONSORED ADR | $2.5M | 207.1K | 0.2% | —Held | |
| 25 | Irsa Inversiones Y Rep S A SPON GDS ECH 10 | $1.3M | 85.4K | 0.1% | ▼~0% Reduced · −3 sh | |
| 26 | Platinum Group Metals Ltd COM | $550K | 407.1K | 0.0% | ▲+13% Added · +48K sh |
The public view is the crawlable proof. The same sourced dataset is available through REST and MCP for agents, research scripts, and back-office tools.
This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1599814/holdings"
Use Arkolith to show Kopernik Global Investors, LLC's latest holdings, largest changes, and filing provenance.
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| PUT · bearish | AUTOZONE INCAZO | $261K | 400 |
| PUT · bearish | AMGEN INCAMGN | $38K | 4K |
| PUT · bearish | APPLE INCAAPL | $34K | 5K |
| PUT · bearish | ABBVIE INCABBV | $34K | 5K |
13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.
As-of date vs the date the SEC received each filing
| Quarter | As of | Filed | Positions | Value | Form |
|---|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | Aug 11, 2026 | 30 | $1.6B | 13F-HR |
| Q1 2026 | Mar 31, 2026 | May 13, 2026 | 31 | $1.4B | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 13, 2026 | 27 | $1.3B | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Nov 14, 2025 | 28 | $1.2B | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Aug 14, 2025 | 28 | $910.8M | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 14, 2025 | 31 | $964.8M | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 13, 2025 | 34 | $935.4M | 13F-HR |
| Q3 2024 | Sep 30, 2024 | Nov 13, 2024 | 31 | $999.9M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.