Kopernik Global Investors, LLC - Q42025 Holdings

Kopernik Global Investors, LLC holds 27 stocks with a total portfolio value of $ 1.25B as of Q42025. In Q42025, Kopernik Global Investors, LLC added 3 new positions, increased stakes in 8 stocks, reduced 8 holdings, and fully exited 4 positions. The largest holding is Seabridge Gold Inc (SA), representing 16.49% of the total portfolio.