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
+5.47%
1 Year Est. Return
+59.2%
3 Year Est. Return
+176.28%
5 Year Est. Return
+304.39%
10 Year Est. Return
–
AUM
$744M
AUM Growth
+$178M
Cap. Flow
+$173M
Cap. Flow %
23.3%
Top 10 Hldgs %
46.53%
Holding
51
New
15
Increased
14
Reduced
6
Closed
16

Top Buys

Rank Stock Value
1
MPC icon
Marathon Petroleum
MPC
+$38.2M
2
MLM icon
Martin Marietta Materials
MLM
+$34M
3
MIR icon
Mirion Technologies
MIR
+$32.8M
4
FNV icon
Franco-Nevada
FNV
+$28.4M
5
SOBO
South Bow Corp
SOBO
+$26.6M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$29.8M
2
ETN icon
Eaton
ETN
+$19.5M
3
LNG icon
Cheniere Energy
LNG
+$17.8M
4
WSO icon
Watsco Inc
WSO
+$17.2M
5
SLV icon
iShares Silver Trust
SLV
+$14.6M

Sector Composition

Rank Sector Weight
1 Industrials 28.18%
2 Materials 21.09%
3 Energy 18.72%
4 Technology 8.89%
5 Communication Services 6.65%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TLN
1
Talen Energy Corp
TLN
$15.8B
$42.3M 5.69%
210,100
-51,400
-20% -$10M
STLD icon
2
Steel Dynamics
STLD
$38.1B
$39.9M 5.37%
350,000
+150,000
+75% +$19.9M
MIR icon
3
Mirion Technologies
MIR
$3.84B
$36.9M 4.97%
+2,117,000
New +$32.8M
WCN
4
Waste Connections
WCN
$41.5B
$36.3M 4.88%
211,700
+111,700
+112% +$20.3M
GE icon
5
GE Aerospace
GE
$396B
$35.4M 4.76%
212,400
+127,400
+150% +$22.7M
GEV icon
6
GE Vernova
GEV
$271B
$35M 4.71%
106,400
-2,100
-2% -$656K
MPC icon
7
Marathon Petroleum
MPC
$83.6B
$34.9M 4.69%
+250,000
New +$38.2M
MLM icon
8
Martin Marietta Materials
MLM
$33.2B
$31M 4.17%
+60,000
New +$34M
OR icon
9
OR Royalties Inc
OR
$6.04B
$27.1M 3.65%
1,500,000
+204,000
+16% +$3.97M
FNV icon
10
Franco-Nevada
FNV
$43.7B
$27M 3.64%
+230,000
New +$28.4M
SOBO
11
South Bow Corp
SOBO
$7.4B
$25.6M 3.45%
+1,087,000
New +$26.6M
KNTK icon
12
Kinetik
KNTK
$3.56B
$24.8M 3.34%
438,000
+88,000
+25% +$4.76M
EQT icon
13
EQT Corp
EQT
$32B
$23.1M 3.1%
+500,000
New +$20.6M
AMZN icon
14
Amazon
AMZN
$2.94T
$21.9M 2.95%
100,000
+40,000
+67% +$8.18M
BKR icon
15
Baker Hughes
BKR
$61.2B
$20.5M 2.76%
+500,000
New +$20.2M
GOOGL icon
16
Alphabet (Google) Class A
GOOGL
$4.43T
$18.9M 2.55%
100,000
+30,000
+43% +$5.25M
PWR icon
17
Quanta Services
PWR
$103B
$17.9M 2.41%
56,600
-19,900
-26% -$6.4M
META icon
18
Meta Platforms (Facebook)
META
$1.5T
$17.6M 2.36%
30,000
+10,000
+50% +$5.87M
GS icon
19
Goldman Sachs
GS
$309B
$17.2M 2.31%
+30,000
New +$16.7M
MCK icon
20
McKesson
MCK
$103B
$17.1M 2.3%
+30,000
New +$16.8M
SHW icon
21
Sherwin-Williams
SHW
$89.7B
$17M 2.29%
50,000
+15,000
+43% +$5.6M
CRM icon
22
Salesforce
CRM
$158B
$16.7M 2.25%
50,000
+10,000
+25% +$3.19M
ETN icon
23
Eaton
ETN
$174B
$16.6M 2.23%
50,000
-55,500
-53% -$19.5M
CP icon
24
Canadian Pacific Kansas City
CP
$80.4B
$16.5M 2.22%
+228,100
New +$17.6M
AMAT icon
25
Applied Materials
AMAT
$424B
$16.3M 2.19%
100,000
+50,000
+100% +$9.06M
1
2 3

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 Q4 2024 Portfolio in Review

As of Q4 2024, Bornite Capital Management held 51 positions worth $744M, up 31% from $566M the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Bornite Capital Management deployed $173M of net new capital in Q4 2024, opening 15 new positions and adding to 14 existing holdings. Its largest new stake was Marathon Petroleum: 250,000 shares worth $34.9M.

By sector, the portfolio is most concentrated in Industrials at 28% of assets, down from 29% a quarter earlier, followed by Materials and Energy.

On the sell side, the largest reduction was Microsoft, an estimated $29.8M trimmed.

  • Bornite Capital Management's largest Q4 2024 buy was Marathon Petroleum: 250,000 shares worth $34.9M.
  • Bornite Capital Management added most to GE Aerospace in Q4 2024, an estimated $22.7M increase.
  • Bornite Capital Management's biggest Q4 2024 reduction was Microsoft, cutting an estimated $29.8M.
  • Bornite Capital Management fully exited Cheniere Energy in Q4 2024, selling an estimated $17.8M.
  • Bornite Capital Management's ten largest holdings make up 47% of its $744M portfolio in Q4 2024.
  • Bornite Capital Management opened 15 new positions and closed 16 in Q4 2024.
  • Bornite Capital Management's portfolio value rose 31% quarter-over-quarter to $744M.

Based on Bornite Capital Management's 13F filing for Q4 2024, filed 12 Feb 2025.