Bornite Capital Management LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Bornite Capital Management LP disclosed 35 US equity positions worth $1.1bn in its Q3 2025 13F filing. The largest position was ECL at 6.4% of the reported book, followed by GLW and TLN. Against the Q2 2025 filing, it opened 20 new positions, added to 5 and reduced 8 among the top 35 holdings.
What did Bornite Capital Management LP own in Q3 2025? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | ECL ECOLAB INC | Basic Materials | 6.4% | $68.5m | 250,000 | – | new |
| 2 | GLW CORNING INC | Technology | 6.3% | $68.1m | 830,000 | – | new |
| 3 | TLN TALEN ENERGY CORP | Utilities | 6.2% | $66.4m | 156,000 | 1% | added |
| 4 | PWR QUANTA SVCS INC | Industrials | 6.0% | $64.5m | 155,700 | 51% | added |
| 5 | CRS CARPENTER TECHNOLOGY CORP | Industrials | 5.9% | $63.6m | 258,900 | 73% | added |
| 6 | CRH CRH PLC | Basic Materials | 5.2% | $56.3m | 469,800 | 30% | added |
| 7 | CNM CORE & MAIN INC | Industrials | 5.0% | $53.8m | 1,000,000 | – | new |
| 8 | CNI CANADIAN NATL RY CO | Industrials | 4.4% | $47.1m | 500,000 | – | new |
| 9 | DY DYCOM INDS INC | Industrials | 4.1% | $43.8m | 150,000 | – | new |
| 10 | VNOM VIPER ENERGY INC | Energy | 3.5% | $38.2m | 1,000,000 | – | new |
| 11 | ETN EATON CORP PLC | Industrials | 3.5% | $37.4m | 100,000 | -3% | reduced |
| 12 | GFL GFL ENVIRONMENTAL INC | Industrials | 3.3% | $35.2m | 742,400 | 3% | added |
| 13 | B BARRICK MNG CORP | Basic Materials | 3.0% | $32.8m | 1,000,000 | – | new |
| 14 | NFLX NETFLIX INC | Communication Services | 2.8% | $30.0m | 25,000 | – | new |
| 15 | CARR CARRIER GLOBAL CORPORATION | Industrials | 2.8% | $29.9m | 500,000 | – | new |
| 16 | META META PLATFORMS INC | Communication Services | 2.7% | $29.4m | 40,000 | -20% | reduced |
| 17 | IAG IAMGOLD CORP | Basic Materials | 2.7% | $29.0m | 2,240,000 | -52% | reduced |
| 18 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.6% | $27.9m | 100,000 | – | new |
| 19 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 2.4% | $25.9m | 100,000 | – | new |
| 20 | LNG CHENIERE ENERGY INC | Energy | 2.4% | $25.6m | 108,900 | -16% | reduced |
| 21 | FSLR FIRST SOLAR INC | Technology | 2.0% | $22.1m | 100,000 | – | new |
| 22 | AMZN AMAZON COM INC | Consumer Cyclical | 2.0% | $22.0m | 100,000 | -33% | reduced |
| 23 | COF CAPITAL ONE FINL CORP | Financial Services | 2.0% | $21.3m | 100,000 | – | new |
| 24 | CVNA CARVANA CO | Consumer Cyclical | 1.8% | $18.9m | 50,000 | – | new |
| 25 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 1.6% | $17.4m | 25,000 | – | new |
| 26 | LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 1.5% | $16.3m | 100,000 | -50% | reduced |
| 27 | SHOP SHOPIFY INC | Technology | 1.4% | $14.9m | 100,000 | – | new |
| 28 | MA MASTERCARD INCORPORATED | Financial Services | 1.3% | $14.2m | 25,000 | -50% | reduced |
| 29 | NOW SERVICENOW INC | Technology | 1.3% | $13.8m | 15,000 | – | new |
| 30 | SNPS SYNOPSYS INC | Technology | 1.1% | $12.3m | 25,000 | – | new |
| 31 | MIR MIRION TECHNOLOGIES INC | Industrials | 1.1% | $11.6m | 500,000 | -76% | reduced |
| 32 | SOBO SOUTH BOW CORP | 1.1% | $11.3m | 400,000 | 0% | held | |
| 33 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 0.3% | $3.1m | 100,000 | – | new |
| 34 | TT TRANE TECHNOLOGIES PLC | Industrials | 0.2% | $2.4m | 5,600 | – | new |
| 35 | TMQ TRILOGY METALS INC NEW | 0.2% | $2.1m | 1,000,000 | 0% | held |
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.