# Kopernik Global All-Cap Fund, LP

> Institutional holdings reported to the SEC as of Q4 2019 on Form 13F. CIK 1581500. Source: https://holderbook.com/funds/1581500-kopernik-global-all-cap-fund-lp/

- Reported value: $557.6M
- Positions: 26
- Weight of the ten largest: 94.2%
- Filed: 2020-02-10

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $102.2M | 11,486,276 | 18.3% | 1 |
| KT CORP | [KT](https://holderbook.com/stocks/KT/) | $88.2M | 7,606,876 | 15.8% | 1 |
| TURQUOISE HILL RES LTD | [TRQ](https://holderbook.com/stocks/TRQ/) | $59.1M | 80,232,805 | 10.6% | 1 |
| RANGE RES CORP | [RRC](https://holderbook.com/stocks/RRC/) | $57.5M | 11,846,959 | 10.3% | 1 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $55.9M | 1,878,996 | 10.0% | 1 |
| SOUTHWESTERN ENERGY CO | [SWN](https://holderbook.com/stocks/SWN/) | $48.1M | 19,892,782 | 8.6% | 1 |
| NEW GOLD INC CDA | [NGD](https://holderbook.com/stocks/NGD/) | $38.4M | 43,627,115 | 6.9% | 1 |
| NOVAGOLD RESOURCES INC | [NG](https://holderbook.com/stocks/NG/) | $32.7M | 3,646,271 | 5.9% | 1 |
| KOREA ELEC PWR CORP | [KEP](https://holderbook.com/stocks/KEP/) | $25.0M | 2,110,691 | 4.5% | 1 |
| TSAKOS ENERGY NAVIGATION LTD | [TNPXXXX](https://holderbook.com/stocks/TNPXXXX/) | $18.3M | 4,187,698 | 3.3% | 1 |
| DIANA SHIPPING INC | [DSX](https://holderbook.com/stocks/DSX/) | $13.7M | 4,401,127 | 2.5% | 1 |
| NORTHERN DYNASTY MINERALS LT | [NAK](https://holderbook.com/stocks/NAK/) | $7.8M | 18,314,510 | 1.4% | 1 |
| INTERNATIONAL TOWER HILL MIN | [THM](https://holderbook.com/stocks/THM/) | $4.2M | 7,787,871 | 0.8% | 1 |
| ROYAL GOLD INC | [RGLD](https://holderbook.com/stocks/RGLD/) | $3.2M | 26,278 | 0.6% | 1 |
| GENERAL ELECTRIC CO | [GEXXXX](https://holderbook.com/stocks/GEXXXX/) | $2.2M | 199,764 | 0.4% | 1 |
| AXIA ENERGIA SA | [AXIA](https://holderbook.com/stocks/AXIA/) | $320.0K | 34,378 | 0.1% | 1 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $315.0K | 0 | 0.1% | 1 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $114.0K | 0 | 0.0% | 1 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $82.0K | 17,218 | 0.0% | 1 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $61.0K | 0 | 0.0% | 1 |
| BRASILAGRO COMPANHIA BRASILE | [LND](https://holderbook.com/stocks/LND/) | $54.0K | 11,325 | 0.0% | 1 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $48.0K | 0 | 0.0% | 1 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $40.0K | 0 | 0.0% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $33.0K | 0 | 0.0% | 1 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $1.0K | 0 | 0.0% | 1 |
| TIFFANY & CO NEW | [TIF](https://holderbook.com/stocks/TIF/) | $1.0K | 0 | 0.0% | 1 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2019 | $557.6M | 26 |