We are live on
!
Find out more
BCM
Bornite Capital Management Portfolio holdings
AUM
$595M
1-Year Est. Return
59.2%
This Fund
S&P 500
This Quarter
Est. Return
+7.34%
1 Year Est. Return
+59.2%
3 Year Est. Return
+176.28%
5 Year Est. Return
+304.39%
10 Year Est. Return
–
AUM
$517M
AUM Growth
+$222M
(+75%)
Cap. Flow
+$196M
Cap. Flow
% of AUM
37.88%
Top 10 Holdings %
Top 10 Hldgs %
52.55%
Holding
70
New
16
Increased
12
Reduced
9
Closed
15
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Pacific Kansas City
CP
|
+$24.9M |
| 2 |
Amazon
AMZN
|
+$22.8M |
| 3 |
Ecolab
ECL
|
+$21.5M |
| 4 |
HES
Hess
HES
|
+$21.2M |
| 5 |
T-Mobile US
TMUS
|
+$21.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
STR
Sitio Royalties
STR
|
+$12.8M |
| 2 |
X
US Steel
X
|
+$11.6M |
| 3 |
Jacobs Solutions
J
|
+$11.5M |
| 4 |
Hilton Worldwide
HLT
|
+$11.3M |
| 5 |
CSX Corp
CSX
|
+$11.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 22% |
| 2 | Materials | 21.28% |
| 3 | Energy | 21.12% |
| 4 | Technology | 15.22% |
| 5 | Consumer Discretionary | 10.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Southern Copper
SCCO
$162B
| $230K | 0.04% |
3,452
| – | – |
|
52
California Resources
CRC
$4.65B
| $213K | 0.04% |
4,700
| – | – |
|
|
DEN
53
DELISTED
Denbury Inc.
DEN
| $207K | 0.04% |
2,400
| – | – |
|
|
NFGC
54
New Found Gold
NFGC
$599M
| $165K | 0.03% |
+25,000
| New | +$119K |
|
|
TE
55
T1 Energy
TE
$1.59B
| $140K | 0.03% |
15,000
| – | – |
|
56
Alcoa
AA
$12.5B
| – | – |
-4,000
| Closed | -$170K |
|
57
Baker Hughes
BKR
$61.9B
| – | – |
-13,500
| Closed | -$390K |
|
58
HF Sinclair
DINO
$14.5B
| – | – |
-8,000
| Closed | -$387K |
|
59
Franco-Nevada
FNV
$43.8B
| – | – |
-35,000
| Closed | -$5.1M |
|
|
60
Hilton Worldwide
HLT
$73.2B
| – | – |
-80,000
| Closed | -$11.3M |
|
61
Imperial Oil
IMO
$60.6B
| – | – |
-8,000
| Closed | -$406K |
|
62
KBR
KBR
$4.69B
| – | – |
-100,000
| Closed | -$5.5M |
|
63
Mastercard
MA
$498B
| – | – |
-25,000
| Closed | -$9.09M |
|
64
McKesson
MCK
$102B
| – | – |
-25,000
| Closed | -$8.9M |
|
65
The Mosaic Company
MOS
$7.5B
| – | – |
-4,700
| Closed | -$216K |
|
66
Nutrien
NTR
$31.8B
| – | – |
-2,800
| Closed | -$207K |
|
67
Phillips 66
PSX
$80.8B
| – | – |
-4,000
| Closed | -$406K |
|
|
RDUS
68
DELISTED
Radius Recycling
RDUS
| – | – |
-6,400
| Closed | -$199K |
|
69
Starbucks
SBUX
$119B
| – | – |
-100,000
| Closed | -$10.4M |
|
70
Suncor Energy
SU
$71.6B
| – | – |
-13,000
| Closed | -$404K |
|
Similar funds
ESL
BWP
TAIM
1WCM
ECM
FSG
LBIM
SM
Bornite Capital Management's Q2 2023 Portfolio in Review
As of Q2 2023, Bornite Capital Management held 70 positions worth $517M, up 75% from $295M the previous quarter. Its ten largest holdings account for 53% of the portfolio.
Bornite Capital Management deployed $196M of net new capital in Q2 2023, opening 16 new positions and adding to 12 existing holdings. Its largest new stake was Canadian Pacific Kansas City: 315,000 shares worth $25.4M.
By sector, the portfolio is most concentrated in Industrials at 22% of assets, down from 32% a quarter earlier, followed by Materials and Energy.
On the sell side, the largest reduction was Sitio Royalties, an estimated $12.8M trimmed.
- Bornite Capital Management's largest Q2 2023 buy was Canadian Pacific Kansas City: 315,000 shares worth $25.4M.
- Bornite Capital Management added most to Amazon in Q2 2023, an estimated $22.8M increase.
- Bornite Capital Management's biggest Q2 2023 reduction was Sitio Royalties, cutting an estimated $12.8M.
- Bornite Capital Management fully exited Hilton Worldwide in Q2 2023, selling an estimated $11.3M.
- Bornite Capital Management's ten largest holdings make up 53% of its $517M portfolio in Q2 2023.
- Bornite Capital Management opened 16 new positions and closed 15 in Q2 2023.
- Bornite Capital Management's portfolio value rose 75% quarter-over-quarter to $517M.
Based on Bornite Capital Management's 13F filing for Q2 2023, filed 14 Aug 2023.