Bornite Capital Management’s OR Royalties Inc OR Stock Holding History

Bornite Capital Management’s Portfolio OR Stock Details OR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-500,000	Closed	-$10.6M	–	43
2025 Q1	$10.6M	Sell	500,000 -1,000,000	-67%	-$19.2M	2.72%	17
2024 Q4	$27.1M	Buy	1,500,000 +204,000	+16%	+$3.97M	3.65%	9
2024 Q3	$24M	Sell	1,296,000 -736,300	-36%	-$12.7M	4.24%	6
2024 Q2	$31.7M	Hold	2,032,300	–	–	5.21%	5
2024 Q1	$33.4M	Buy	+2,032,300	New	+$30M	5.59%	6
2023 Q4	–	Sell	-1,015,000	Closed	-$11.9M	–	44
2023 Q3	$11.9M	Buy	1,015,000 +1,000,000	+6,667%	+$13.7M	3.6%	13
2023 Q2	$231K	Buy	+15,000	New	+$243K	0.04%	50
2022 Q2	–	Sell	-500,000	Closed	-$6.57M	–	23
2022 Q1	$6.57M	Buy	+500,000	New	+$6.21M	2%	20
2021 Q3	–	Sell	-300,000	Closed	-$4.11M	–	31
2021 Q2	$4.11M	Buy	+300,000	New	+$4.01M	1.84%	26

Other funds holding OR

EIG

EdgePoint Investment Group Toronto, Ontario, Canada $12.5B AUM 31.7% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Caisse de Depot et Placement du Quebec (CDPQ) Montreal, Quebec, Canada $62.4B AUM 23.7% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

PMAM

Picton Mahoney Asset Management Toronto, Ontario, Canada $13.5B AUM 50.48% 1-Year Est. Return

Bornite Capital Management's OR Position: Q2 2025 in Review

Bornite Capital Management sold out of OR Royalties Inc (OR) in Q2 2025, closing a stake of 500,000 shares — an estimated $10.6M sold.

Bornite Capital Management first reported a position in OR in Q2 2021 and held it in 9 quarters. The position peaked at $33.4M in Q1 2024. 189 funds tracked by Wall St. Rank hold OR as of Q2 2025.

Bornite Capital Management reported no remaining OR Royalties Inc position as of Q2 2025 after selling out during the quarter.
Bornite Capital Management sold 500,000 OR Royalties Inc shares in Q2 2025, an estimated $10.6M.
Bornite Capital Management first reported a position in OR Royalties Inc in Q2 2021 and held it in 9 quarters.
Bornite Capital Management's OR Royalties Inc position peaked at $33.4M in Q1 2024.
189 funds tracked by Wall St. Rank held OR Royalties Inc as of Q2 2025.

Based on Bornite Capital Management's 13F filing for Q2 2025, filed 7 Aug 2025.