Bornite Capital Management’s US Steel X Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q4	–	Sell	-25,000	Closed	-$812K	–	59
2023 Q3	$812K	Hold	25,000	–	–	0.25%	18
2023 Q2	$625K	Sell	25,000 -500,000	-95%	-$11.6M	0.12%	31
2023 Q1	$13.7M	Buy	+525,000	New	+$14.6M	4.65%	7
2022 Q3	–	Sell	-1,000,000	Closed	-$17.9M	–	30
2022 Q2	$17.9M	Buy	1,000,000 +600,000	+150%	+$16.4M	5.88%	7
2022 Q1	$15.1M	Buy	400,000 +300,000	+300%	+$8.12M	4.61%	9
2021 Q4	$2.38M	Buy	+100,000	New	+$2.36M	0.82%	19

Other funds holding X

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

PCM

Pentwater Capital Management Naples, Florida $19.3B AUM 58.13% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

DKCM

Davidson Kempner Capital Management New York $7.33B AUM 56.47% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Third Point New York $2.08B AUM 27.04% 1-Year Est. Return

DSC

Donald Smith & Co New York $5.56B AUM 47.13% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Bornite Capital Management's X Position: Q4 2023 in Review

Bornite Capital Management sold out of US Steel (X) in Q4 2023, closing a stake of 25,000 shares — an estimated $812K sold.

Bornite Capital Management first reported a position in X in Q4 2021 and held it in 6 quarters. The position peaked at $17.9M in Q2 2022. 517 funds tracked by Wall St. Rank hold X as of Q4 2023.

Bornite Capital Management reported no remaining US Steel position as of Q4 2023 after selling out during the quarter.
Bornite Capital Management sold 25,000 US Steel shares in Q4 2023, an estimated $812K.
Bornite Capital Management first reported a position in US Steel in Q4 2021 and held it in 6 quarters.
Bornite Capital Management's US Steel position peaked at $17.9M in Q2 2022.
517 funds tracked by Wall St. Rank held US Steel as of Q4 2023.

Based on Bornite Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.