Bornite Capital Management LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Bornite Capital Management LP disclosed 28 US equity positions worth $1.0bn in its Q4 2025 13F filing. The largest position was TLN at 7.5% of the reported book, followed by LNG and AMZN. Against the Q3 2025 filing, it opened 15 new positions, added to 7 and reduced 5 among the top 28 holdings.
What did Bornite Capital Management LP own in Q4 2025? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TLN TALEN ENERGY CORP | Utilities | 7.5% | $77.2m | 206,000 | 32% | added |
| 2 | LNG CHENIERE ENERGY INC | Energy | 6.8% | $69.8m | 358,900 | 230% | added |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 6.8% | $69.2m | 300,000 | 200% | added |
| 4 | PWR QUANTA SVCS INC | Industrials | 6.4% | $65.6m | 155,500 | -0% | held |
| 5 | CRS CARPENTER TECHNOLOGY CORP | Industrials | 6.4% | $65.5m | 208,200 | -20% | reduced |
| 6 | GLW CORNING INC | Technology | 6.2% | $63.9m | 730,000 | -12% | reduced |
| 7 | GE GE AEROSPACE | Industrials | 6.2% | $63.6m | 206,400 | – | new |
| 8 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 6.1% | $62.8m | 206,600 | 107% | added |
| 9 | VNOM VIPER ENERGY INC | Energy | 5.7% | $57.9m | 1,500,000 | 50% | added |
| 10 | GFL GFL ENVIRONMENTAL INC | Industrials | 5.6% | $57.7m | 1,342,400 | 81% | added |
| 11 | NUE NUCOR CORP | Basic Materials | 4.8% | $48.9m | 300,000 | – | new |
| 12 | CRH CRH PLC | Basic Materials | 3.9% | $39.9m | 319,800 | -32% | reduced |
| 13 | BALL BALL CORP | Consumer Cyclical | 3.6% | $37.1m | 700,000 | – | new |
| 14 | RRC RANGE RES CORP | Energy | 2.8% | $28.2m | 800,000 | – | new |
| 15 | UAL UNITED AIRLS HLDGS INC | Industrials | 2.7% | $28.0m | 250,000 | – | new |
| 16 | BAC BANK AMERICA CORP | Financial Services | 2.7% | $27.5m | 500,000 | – | new |
| 17 | FCX FREEPORT-MCMORAN INC | Basic Materials | 2.5% | $25.4m | 500,000 | – | new |
| 18 | TECK TECK RESOURCES LTD | Basic Materials | 2.3% | $23.9m | 500,000 | – | new |
| 19 | SNPS SYNOPSYS INC | Technology | 1.8% | $18.8m | 40,000 | 60% | added |
| 20 | ROAD CONSTRUCTION PARTNERS INC | 1.6% | $16.3m | 150,000 | – | new | |
| 21 | CARR CARRIER GLOBAL CORPORATION | Industrials | 1.5% | $15.9m | 300,000 | -40% | reduced |
| 22 | SKE SKEENA RES LTD NEW | 1.2% | $12.4m | 523,000 | – | new | |
| 23 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 1.1% | $11.6m | 20,000 | -20% | reduced |
| 24 | NAK NORTHERN DYNASTY MINERALS LT | 1.0% | $10.6m | 5,385,000 | – | new | |
| 25 | CENX CENTURY ALUM CO | Basic Materials | 1.0% | $9.8m | 250,000 | – | new |
| 26 | TE T1 ENERGY INC | Industrials | 0.8% | $8.3m | 1,250,000 | – | new |
| 27 | MOS MOSAIC CO NEW | Basic Materials | 0.7% | $7.2m | 300,000 | – | new |
| 28 | WWD WOODWARD INC | Industrials | 0.2% | $1.6m | 5,200 | – | 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.