{"url":"https://nivawealth.com/firms/kopernik-global-investors-168625","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/168625","regulatoryAum":10176761958,"crd":"168625","secFileNumber":"801-78514","legalName":"Kopernik Global Investors, LLC","displayName":"Kopernik Global Investors","website":"https://www.kopernikglobal.com","linkedinUrl":"https://www.linkedin.com/company/kopernik-global-investors-llc/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"2502 N. Rocky Point DR., Suite 300","city":"Tampa","state":"FL","stateName":"Florida","country":"United States","postalCode":"33607"},"tradeNames":[],"registration":{"secApproved":"6 September 2013","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":44,"advisory":22,"brokerDealerReps":9,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":10176761958,"discretionaryAccounts":13,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":48,"nonAumClients":9},"clientTypes":[{"label":"Investment companies","clients":3,"regulatoryAum":4392636528},{"label":"Pooled investment vehicles","clients":7,"regulatoryAum":4453341484},{"label":"Pension and profit-sharing plans","clients":1,"regulatoryAum":838126432},{"label":"Other investment advisers","clients":2,"regulatoryAum":492657514}],"fees":[],"feeNotes":[],"custodians":[{"name":"Brown Brothers Harriman & Co","shortName":"Brown Brothers Harriman &","location":"Boston, MA","smaAssets":186286186},{"name":"Northern Trust Corporation","shortName":"Northern Trust","location":"Chicago, IL","smaAssets":306371328},{"name":"The Bank of New York Mellon","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":838126432}],"custodyNote":"Kopernik Global Investors has custody of $881.0M for 3 clients.","otherCustodians":[],"leadership":[{"name":"Neda Yarich","title":"President","crd":"5593819"},{"name":"Isabel Satra","title":"Chief Financial Officer","crd":"6234117"},{"name":"Sarah Bertrand","title":"General Counsel and Chief Compliance Officer","crd":"2506227"},{"name":"Alissa Corcoran","title":"Co-Chief Investment Officer, Director of Research","crd":"8171006"},{"name":"David Iben","title":"Manager, Co-Chief Investment Officer","crd":"4571858"}],"ownership":[{"label":"Kopernik Holdings, LLC","detail":"Holding company in the 75% or more ownership band and a control person, since January 2014."},{"label":"David Iben","detail":"Indirect owner: a manager of Kopernik Holdings, LLC in the 50% to 75% band and a control person, since January 2014.","parent":"Kopernik Holdings, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"2502 N. Rocky Point DR., Suite 300","city":"Tampa","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"813-314-6100","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":81},{"label":"Non-exchange-traded equity securities","percent":2},{"label":"Cash and cash equivalents","percent":17}],"privateFunds":3},"sources":{"adv1FilingDate":"27 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/168625/PDF/168625.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Kopernik Global Investors have?","answer":"Kopernik Global Investors has 13 clients and manages $10.2 billion for them, as of July 2026. They include 7 pooled investment vehicles, 3 investment companies and 2 other investment advisers.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Kopernik Global Investors offer?","answer":"Kopernik Global Investors provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Kopernik Global Investors use?","answer":"Kopernik Global Investors’ separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $838,126,432, Northern Trust Corporation (Chicago, IL), with $306,371,328 and Brown Brothers Harriman & Co (Boston, MA), with $186,286,186. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Kopernik Global Investors have?","answer":"Kopernik Global Investors has 0 investment adviser representatives registered with state securities authorities, out of 44 employees, and 22 perform investment advisory functions. 9 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Kopernik Global Investors invest in?","answer":"At the end of its last fiscal year, Kopernik Global Investors’ separately managed accounts held 81% exchange-traded equities, 17% cash and equivalents and 2% non-exchange-traded equities. It advises 3 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Kopernik Global Investors?","answer":"Kopernik Global Investors is owned through a holding company by David Iben. Its direct owner is Kopernik Holdings, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Kopernik Global Investors get paid?","answer":"Kopernik Global Investors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/kopernik-global-investors-168625/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-11","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1599814/000159981426000005/0001599814-26-000005-index.html","totalValue":1632202061,"positionCount":30,"top10Share":0.757233064172684,"top10":[{"issuer":"RANGE RES CORP","titleOfClass":"COM","cusip":"75281A109","value":244559246,"shares":6575941,"shareType":"SH","priorValue":189241580,"priorShares":4188614},{"issuer":"SEABRIDGE GOLD INC","titleOfClass":"COM","cusip":"811927102","value":194465494,"shares":7554992,"shareType":"SH"},{"issuer":"EXPAND ENERGY 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Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}