Kopernik Global Investors, LLC is an SEC-registered investment adviser based in Tampa, FL that reports managing 2 hedge funds on Form ADV. It reports $10.2 billion in regulatory assets under management. Its private funds, of all types, hold $881.0 million in gross assets. Its disclosed U.S. stock holdings returned an estimated +6.7% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +120.0% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $10.2 billionForm ADV Item 5.F
- Gross assets of private funds
- $881.0 millionAll private fund types, Form ADV
- Hedge funds managed
- 23 private funds in total
- Employees
- 44Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 168625
- Latest Form ADV
- 07/27/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +1.2% | +14.8% |
| Q1 2026 | +5.5% | -4.6% |
| Q4 2025 | +13.2% | +2.4% |
| Q3 2025 | +27.8% | +7.8% |
| Q2 2025 | +14.5% | +10.4% |
| Q1 2025 | +16.2% | -4.5% |
| Q4 2024 | -5.8% | +2.1% |
| Q3 2024 | +13.8% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Range Resources Corp Del$244.6 million
- 811927102$194.5 million
- Expand Energy Corporation$157.2 million
- KT Corp$156.3 million
- Nutrien LTD$137.6 million
- Weyerhaeuser Co MTN Be$90.0 million
- Concentrix Corp$71.2 million
- Rayonier Inc$69.6 million
- Northern Dynasty Minerals LT$61.8 million
- Cresud S A C I F Y A$53.4 million
As of 2026-06-30, from 13F filing by Kopernik Global Investors, LLC.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures