David Iben’s Kopernik Global Loves These Stocks: Cameco Corporation (USA) (CCJ), Barrick Gold Corporation (USA) (ABX) & More

David Iben’s Kopernik Global is an investment management firm, which trades primarily in global corporate public equity, including shares of all sized businesses domiciled in developed and emerging economies. Its investment strategy includes actively managed, research-driven, fundamentals-based, value-oriented process. The fund began investing using these three strategies in July 2013. Kopernik’s investment discipline seeks to identify potential investments that trade at significant differentials (discounts or premiums) to their risk-adjusted intrinsic values.

In the latest 13F filing the fund revealed the holdings in its equity portfolio; this is the first 13F filed by the fund. We have picked the top five holdings of the fund in terms of value, the total value of David Iben’s equity portfolio was $62.15 million at the end of the fourth quarter.

Cameco Corporation (USA) (NYSE:CCJ)

On the first spot is Cameco Corporation (USA) (NYSE:CCJ), which is engaged in exploration and development of mining, refining, conversion and fabrication of uranium. The fund held 330,273 shares at the end of the fourth quarter, with a reported value of $6.86 million.

Soros Fund Management, led by George Soros, held 1.87 million shares at the end of the third quarter of 2013, and is the largest shareholder among all the hedge funds we track

Second on the list is Barrick Gold Corporation (USA) (NYSE:ABX), engaged in production, exploration, mining and exchange of gold is the second largest holding. The position in Barrick Gold Corporation (USA) contains 322,822 shares, with a value of $5.69 million.

Jonathon Jacobson’s Highfields Capital Management, held 13.05 million shares of Barrick Gold Corporation (USA) (NYSE:ABX), at the end of the third quarter.

Coming in third is Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B), a $1 billion market cap company, that is primarily engaged in electric power generation, the position contained 1.27 million shares, worth $5.57 million.

Arrowstreet Capital, managed by Peter Rathjens, Bruce Clarke and John Campbell, initiated a position in Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B), in the third quarter of 2013 and held 750,308 shares.

On the fourth spot is Arch Coal Inc (NYSE:ACI) a coal company which supplies coal to power plants. The fund holds 976,923 shares. The value of the holding amounts $4.35 million.

David Iben’s fifth-largest holding is represented by Kinross Gold Corporation (USA) (NYSE:KGC), which is engaged in gold mining and related activities in basic materials industry. The fund holds 961,434 shares; the value of the holding was $4.21 million.

First Eagle Investment Management, run by Jean-Marie Eveillard, boosted its stake in Kinross Gold Corporation (USA) (NYSE:KGC) by 21% to 75.34 million shares at the end of the third quarter

Disclosure: none

Recommended reading:

Emerging Sovereign Top Picks: Anheuser Busch Inbev SA (ADR) (BUD), Vipshop Holdings Ltd. – ADR (VIPS) & Others

Murray Stahl’s Horizon Asset Management Ups Stake in Dreamworks Animation Skg Inc. (DWA)

Bruce Berkowitz’s Fairholme Capital Management Reports Stake in Sears Holdings Corp. (SHLD)

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!