Bornite Capital Management’s South Bow Corp SOBO Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-400,000	Closed	-$11.3M	–	50
2025 Q3	$11.3M	Hold	400,000	–	–	1.05%	32
2025 Q2	$10.4M	Sell	400,000 -671,000	-63%	-$17.1M	1.04%	31
2025 Q1	$27.3M	Sell	1,071,000 -16,000	-1%	-$400K	7.04%	4
2024 Q4	$25.6M	Buy	+1,087,000	New	+$26.6M	3.45%	11

Other funds holding SOBO

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 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

ClearBridge Investments New York $115B AUM 24.78% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

TIM

Thornburg Investment Management Santa Fe, New Mexico $9.63B AUM 35.65% 1-Year Est. Return

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

Bornite Capital Management's SOBO Position: Q4 2025 in Review

Bornite Capital Management sold out of South Bow Corp (SOBO) in Q4 2025, closing a stake of 400,000 shares — an estimated $11.3M sold.

Bornite Capital Management first reported a position in SOBO in Q4 2024 and held it in 4 quarters. The position peaked at $27.3M in Q1 2025. 281 funds tracked by Wall St. Rank hold SOBO as of Q4 2025.

Bornite Capital Management reported no remaining South Bow Corp position as of Q4 2025 after selling out during the quarter.
Bornite Capital Management sold 400,000 South Bow Corp shares in Q4 2025, an estimated $11.3M.
Bornite Capital Management first reported a position in South Bow Corp in Q4 2024 and held it in 4 quarters.
Bornite Capital Management's South Bow Corp position peaked at $27.3M in Q1 2025.
281 funds tracked by Wall St. Rank held South Bow Corp as of Q4 2025.

Based on Bornite Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.