Bornite Capital Management LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Bornite Capital Management LP disclosed 28 US equity positions worth $388.3m in its Q1 2025 13F filing. The largest position was TLN at 10.5% of the reported book, followed by MIR and LNG. Against the Q4 2024 filing, it opened 12 new positions, added to 3 and reduced 12 among the top 28 holdings.
What did Bornite Capital Management LP own in Q1 2025? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TLN TALEN ENERGY CORP | Utilities | 10.5% | $40.9m | 204,700 | -3% | reduced |
| 2 | MIR MIRION TECHNOLOGIES INC | Industrials | 7.7% | $29.9m | 2,064,300 | -2% | reduced |
| 3 | LNG CHENIERE ENERGY INC | Energy | 7.7% | $29.9m | 129,300 | – | new |
| 4 | SOBO SOUTH BOW CORP | 7.0% | $27.3m | 1,071,000 | -1% | reduced | |
| 5 | GFL GFL ENVIRONMENTAL INC | Industrials | 6.7% | $26.1m | 539,700 | – | new |
| 6 | VNOM VIPER ENERGY INC | 5.8% | $22.6m | 500,000 | – | new | |
| 7 | MA MASTERCARD INCORPORATED | Financial Services | 5.6% | $21.9m | 40,000 | – | new |
| 8 | META META PLATFORMS INC | Communication Services | 5.2% | $20.2m | 35,000 | 17% | added |
| 9 | T AT&T INC | Communication Services | 5.1% | $19.8m | 700,000 | – | new |
| 10 | AMZN AMAZON COM INC | Consumer Cyclical | 4.9% | $19.0m | 100,000 | 0% | held |
| 11 | NFLX NETFLIX INC | Communication Services | 4.8% | $18.7m | 20,000 | – | new |
| 12 | PWR QUANTA SVCS INC | Industrials | 4.5% | $17.5m | 68,700 | 21% | added |
| 13 | GE GE AEROSPACE | Industrials | 4.1% | $16.0m | 80,000 | -62% | reduced |
| 14 | CNM CORE & MAIN INC | Industrials | 3.7% | $14.5m | 300,000 | – | new |
| 15 | CP CANADIAN PACIFIC KANSAS CITY | Industrials | 3.6% | $14.0m | 200,000 | -12% | reduced |
| 16 | SBUX STARBUCKS CORP | Consumer Cyclical | 3.2% | $12.3m | 125,000 | -17% | reduced |
| 17 | OREUR OSISKO GOLD ROYALTIES LTD | 2.7% | $10.6m | 500,000 | -67% | reduced | |
| 18 | SKE SKEENA RES LTD NEW | 2.5% | $9.6m | 957,000 | – | new | |
| 19 | TECK TECK RESOURCES LTD | Basic Materials | 2.1% | $8.1m | 222,200 | – | new |
| 20 | LIN LINDE PLC | Basic Materials | 0.5% | $1.9m | 4,100 | – | new |
| 21 | TMQ TRILOGY METALS INC NEW | 0.4% | $1.6m | 1,000,000 | 43% | added | |
| 22 | EQT EQT CORP | Energy | 0.3% | $988.5k | 18,500 | -96% | reduced |
| 23 | GEV GE VERNOVA INC | Industrials | 0.3% | $976.9k | 3,200 | -97% | reduced |
| 24 | MLM MARTIN MARIETTA MATLS INC | Basic Materials | 0.2% | $956.3k | 2,000 | -97% | reduced |
| 25 | ETR ENTERGY CORP NEW | Utilities | 0.2% | $940.4k | 11,000 | – | new |
| 26 | KNTK KINETIK HOLDINGS INC | Energy | 0.2% | $909.0k | 17,500 | -96% | reduced |
| 27 | ETN EATON CORP PLC | Industrials | 0.2% | $869.9k | 3,200 | -94% | reduced |
| 28 | CCJ CAMECO CORP | Energy | 0.1% | $440.4k | 10,700 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.