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
-16.1%
1 Year Est. Return
+59.2%
3 Year Est. Return
+176.28%
5 Year Est. Return
+304.39%
10 Year Est. Return
–
AUM
$305M
AUM Growth
-$23.1M
Cap. Flow
+$29.4M
Cap. Flow %
9.65%
Top 10 Hldgs %
80.25%
Holding
27
New
6
Increased
8
Reduced
–
Closed
11

Top Buys

Rank Stock Value
1
SU icon
Suncor Energy
SU
+$36.4M
2
FNV icon
Franco-Nevada
FNV
+$29.6M
3
MSFT icon
Microsoft
MSFT
+$24.4M
4
CSX icon
CSX Corp
CSX
+$19.6M
5
X
US Steel
X
+$16.4M

Top Sells

Rank Stock Value
1
CVE icon
Cenovus Energy
CVE
+$50M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$22.6M
3
TMO icon
Thermo Fisher Scientific
TMO
+$17.7M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$16.7M
5
AMZN icon
Amazon
AMZN
+$16.3M

Sector Composition

Rank Sector Weight
1 Materials 28.49%
2 Technology 24.62%
3 Energy 22.08%
4 Industrials 14.45%
5 Financials 10.36%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MSFT icon
1
Microsoft
MSFT
$3.62T
$38.5M 12.65%
150,000
+90,000
+150% +$24.4M
SU icon
2
Suncor Energy
SU
$74.2B
$35.1M 11.51%
+1,000,000
New +$36.4M
MA icon
3
Mastercard
MA
$500B
$31.5M 10.36%
100,000
+40,000
+67% +$13.8M
CSX icon
4
CSX Corp
CSX
$94.7B
$29.1M 9.54%
1,000,000
+600,000
+150% +$19.6M
FNV icon
5
Franco-Nevada
FNV
$43.7B
$26.3M 8.64%
+200,000
New +$29.6M
MOS icon
6
The Mosaic Company
MOS
$7.44B
$18.9M 6.2%
400,000
+200,000
+100% +$12.3M
X
7
DELISTED
US Steel
X
$17.9M 5.88%
1,000,000
+600,000
+150% +$16.4M
PSX icon
8
Phillips 66
PSX
$81.2B
$16.4M 5.38%
200,000
+100,000
+100% +$9.25M
DINO icon
9
HF Sinclair
DINO
$14.8B
$15.8M 5.19%
350,000
– –
DE icon
10
Deere & Co
DE
$165B
$15M 4.92%
50,000
+15,000
+43% +$5.52M
NOW icon
11
ServiceNow
NOW
$121B
$14.3M 4.68%
+150,000
New +$14.3M
INTU icon
12
Intuit
INTU
$89.7B
$11.6M 3.8%
+30,000
New +$12.4M
LRCX icon
13
Lam Research
LRCX
$385B
$10.7M 3.5%
+250,000
New +$11.9M
RDUS
14
DELISTED
Radius Recycling
RDUS
$9.85M 3.23%
300,000
+150,000
+100% +$6.39M
WLK icon
15
Westlake Corp
WLK
$10.1B
$9.8M 3.22%
+100,000
New +$12.2M
TRQ
16
DELISTED
Turquoise Hill Resources Ltd
TRQ
$4.02M 1.32%
150,000
– –
AA icon
17
Alcoa
AA
$12.6B
– –
-150,000
Closed -$13.5M
ADBE icon
18
Adobe
ADBE
$103B
– –
-35,000
Closed -$15.9M
AMZN icon
19
Amazon
AMZN
$2.94T
– –
-100,000
Closed -$16.3M
CVE icon
20
Cenovus Energy
CVE
$51.1B
– –
-3,000,000
Closed -$50M
GOOGL icon
21
Alphabet (Google) Class A
GOOGL
$4.43T
– –
-120,000
Closed -$16.7M
LNG icon
22
Cheniere Energy
LNG
$53.4B
– –
-100,000
Closed -$13.9M
OR icon
23
OR Royalties Inc
OR
$6.04B
– –
-500,000
Closed -$6.57M
SPY icon
24
State Street SPDR S&P 500 ETF Trust
SPY
$819B
– –
-50,000
Closed -$22.6M
TECK icon
25
Teck Resources
TECK
$32.4B
– –
-350,000
Closed -$14.1M
1
2

Similar funds

ESL
Endurance Services Ltd Purchase, New York $594M AUM 8.77% 1-Year Est. Return
BWP
Balboa Wealth Partners Scottsdale, Arizona $596M AUM 40.89% 1-Year Est. Return
TAIM
Te Ahumairangi Investment Management Wellington, New Zealand $597M AUM 16.88% 1-Year Est. Return
1WCM
12 West Capital Management New York $592M AUM 40.75% 1-Year Est. Return
ECM
Estuary Capital Management Wayzata, Minnesota $598M AUM 1.72% 1-Year Est. Return
FSG
Financial Strategies Group Okemos, Michigan $598M AUM 12.52% 1-Year Est. Return
LBIM
Land & Buildings Investment Management Stamford, Connecticut $591M AUM 10.19% 1-Year Est. Return
SM
Sunriver Management Greenwich, Connecticut $591M AUM 2.74% 1-Year Est. Return

Bornite Capital Management's Q2 2022 Portfolio in Review

As of Q2 2022, Bornite Capital Management held 27 positions worth $305M, down 7.1% from $328M the previous quarter. Its ten largest holdings account for 80% of the portfolio.

Bornite Capital Management deployed $29.4M of net new capital in Q2 2022, opening 6 new positions and adding to 8 existing holdings. Its largest new stake was Suncor Energy: 1,000,000 shares worth $35.1M.

By sector, the portfolio is most concentrated in Materials at 28% of assets, up from 23% a quarter earlier, followed by Technology and Energy.

On the sell side, the most notable exit was Cenovus Energy, an estimated $50M sold.

  • Bornite Capital Management's largest Q2 2022 buy was Suncor Energy: 1,000,000 shares worth $35.1M.
  • Bornite Capital Management added most to Microsoft in Q2 2022, an estimated $24.4M increase.
  • Bornite Capital Management fully exited Cenovus Energy in Q2 2022, selling an estimated $50M.
  • Bornite Capital Management's ten largest holdings make up 80% of its $305M portfolio in Q2 2022.
  • Bornite Capital Management opened 6 new positions and closed 11 in Q2 2022.
  • Bornite Capital Management's portfolio value fell 7.1% quarter-over-quarter to $305M.

Based on Bornite Capital Management's 13F filing for Q2 2022, filed 25 Jul 2022.