How is hedge fund similarity measured?

Similarity is computed from each fund's top conviction holdings in their latest 13F filing. Funds are scored by the overlap of distinctive shared positions (the mega-caps that nearly every fund owns are excluded), so the ranking reflects genuinely shared strategy rather than common index exposure.

Hedge Funds Similar to Kopernik Global Investors

13F Portfolio OverlapQ2 2026Kopernik Global Investors portfolio →

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Most similar hedge funds by 13F overlap

Kopernik Global Investors, LLC is an institutional investor managing $1.6B across 30 U.S. equity positions as of Q2 2026. Based on the overlap of conviction holdings in their latest 13F filings, the hedge funds with portfolios most similar to Kopernik Global Investors are SailingStone Partners, Goehring & Rozencwajg Associates, McAlvany Wealth, with shared positions in $RRC, $NTR, $MOS, $IE, $EXE, $NG. The full ranking of 25 similar funds is below.

#1SailingStone Capital Partners LLCActive

Notable overlap · 4 shared positions

$RRC $NTR $MOS $IE

$534M

19 positions

#2Goehring & Rozencwajg Associates, LLCActive

Notable overlap · 6 shared positions

$RRC $NTR $MOS $EXE $IE $NG

$1.7B

41 positions

#3McAlvany Wealth Management LLCPassive

Notable overlap · 6 shared positions

$RRC $RGLD $NTR $EXE $B $NEM

$134M

48 positions

#4Comprehensive Money Management Services LLCPassive

Notable overlap · 5 shared positions

$WY $RYN $CRESY $B $NEM

$159M

200 positions

#5ABBINGTON INVESTMENT GROUPActive

Some overlap · 4 shared positions

$NTR $RRC $MOS $NEM

$157M

52 positions

#6FOUNDATION RESOURCE MANAGEMENT INCActive

Some overlap · 6 shared positions

$BEN $CCZ $MOS $NTR $B $NEM

$860M

56 positions

#7COLRAIN CAPITAL LLCActive

Some overlap · 4 shared positions

$NTR $CCZ $MOS $NEM

$295M

25 positions

#8Tejara Capital LtdPassive

Some overlap · 3 shared positions

$EXE $EPAM $CCZ

$243M

66 positions

#9Glenorchy Capital LtdSmart money

Some overlap · 4 shared positions

$CRESY $RRC $MOS $EXE

$2.7B

65 positions

#10Lesa Sroufe & CoPassive

Some overlap · 3 shared positions

$RRC $NTR $NEM

$140M

67 positions

#11First Eagle Investment Management, LLCActive

Some overlap · 5 shared positions

$WY $CCZ $NTR $B $NEM

$59.9B

424 positions

#12Board of the Pension Protection FundPassive

Some overlap · 3 shared positions

$CNC $WY $EXE

$105M

110 positions

#13Old West Investment Management, LLCPassive

Some overlap · 3 shared positions

$NTR $EXE $RRC

$944M

124 positions

#14FLAX POND CAPITAL, LLCPassive

Some overlap · 4 shared positions

$RGLD $WY $B $NEM

$127M

51 positions

#15Long Focus Capital Management, LLCActive

Some overlap · 3 shared positions

$CNC $CCZ $B

$3.9B

87 positions

#16Hara Capital LLCPassive

Some overlap · 3 shared positions

$CNC $CCZ $NEM

$190M

307 positions

#17LETKO, BROSSEAU & ASSOCIATES INCActive

Some overlap · 3 shared positions

$NTR $CCZ $B

$6.8B

112 positions

#18apricus wealth, LLCPassive

Some overlap · 4 shared positions

$EXE $KT $B $NEM

$210M

129 positions

#19Blume Capital Management, Inc.Passive

Some overlap · 3 shared positions

$CCZ $WY $NTR

$684M

359 positions

#20Crocodile Capital Partners GmbHSmart money

Some overlap · 3 shared positions

$CRESY $B $IRS

$147M

12 positions

#21Cadence Wealth Management LLCActive

Some overlap · 4 shared positions

$NTR $MOS $B $NEM

$223M

63 positions

#22Parvin Asset Management, LLCPassive

Some overlap · 4 shared positions

$RGLD $RYN $B $NEM

$127M

320 positions

#23KEATING INVESTMENT COUNSELORS INCSmart money

Some overlap · 4 shared positions

$SA $B $NEM $NG

$364M

59 positions

#24Euro Pacific Asset Management, LLCActive

Some overlap · 3 shared positions

$RGLD $B $NEM

$880M

96 positions

#25GLOBAL STRATEGIC MANAGEMENT INCSmart money

Some overlap · 3 shared positions

$RGLD $B $IE

$127M

26 positions

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Similarity is derived from each fund’s latest 13F-HR filing with the SEC. Funds are ranked by the overlap of distinctive conviction holdings; near-universal mega-cap positions are excluded so the ranking reflects shared strategy, not common index exposure. Data is informational only and not investment advice.