Latest Bornite Capital Management LP Stock Portfolio
Bornite Capital Management LP Performance:
2024 Q3: 3.03%YTD: 6.6%2023: 22.04%
Performance for 2024 Q3 is 3.03%, and YTD is 6.6%, and 2023 is 22.04%.
About Bornite Capital Management LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Bornite Capital Management LP reported an equity portfolio of $565.8 Millions as of 30 Sep, 2024.
The top stock holdings of Bornite Capital Management LP are , MSFT, ETN. The fund has invested 8.2% of it's portfolio in TALEN ENERGY CORP and 7.6% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off VEREN INC, CADENCE DESIGN SYSTEM INC (CDNS) and MASTERCARD INCORPORATED (MA) stocks. They significantly reduced their stock positions in AMAZON COM INC (AMZN), CENOVUS ENERGY INC and UBER TECHNOLOGIES INC (UBER). Bornite Capital Management LP opened new stock positions in TALEN ENERGY CORP, STEEL DYNAMICS INC (STLD) and WATSCO INC (WSO). The fund showed a lot of confidence in some stocks as they added substantially to EATON CORP PLC (ETN), QUANTA SVCS INC (PWR) and CHENIERE ENERGY INC (LNG).
The top stock holdings of Bornite Capital Management LP are , MSFT, ETN. The fund has invested 8.2% of it's portfolio in TALEN ENERGY CORP and 7.6% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off VEREN INC, CADENCE DESIGN SYSTEM INC (CDNS) and MASTERCARD INCORPORATED (MA) stocks. They significantly reduced their stock positions in AMAZON COM INC (AMZN), CENOVUS ENERGY INC and UBER TECHNOLOGIES INC (UBER). Bornite Capital Management LP opened new stock positions in TALEN ENERGY CORP, STEEL DYNAMICS INC (STLD) and WATSCO INC (WSO). The fund showed a lot of confidence in some stocks as they added substantially to EATON CORP PLC (ETN), QUANTA SVCS INC (PWR) and CHENIERE ENERGY INC (LNG).
Bornite Capital Management LP Annual Return Estimates Vs S&P 500
Our best estimate is that Bornite Capital Management LP made a return of 3.03% in the last quarter. In trailing 12 months, it's portfolio return was 15.88%.
New Buys
| Ticker | $ Bought |
|---|---|
| talen energy corp | 46,609,800 |
| steel dynamics inc | 25,216,000 |
| watsco inc | 17,215,800 |
| kinetik holdings inc | 15,841,000 |
| ishares silver tr | 14,574,300 |
| trane technologies plc | 13,605,600 |
| landbridge company llc | 13,496,400 |
| sherwin williams co | 13,358,400 |
New stocks bought by Bornite Capital Management LP
Additions
| Ticker | % Inc. |
|---|---|
| eaton corp plc | 157 |
| quanta svcs inc | 91.25 |
| cheniere energy inc | 55.91 |
| waste connections inc | 42.86 |
| ge vernova inc | 38.13 |
| cameco corp | 25.00 |
| ge aerospace | 13.33 |
Additions to existing portfolio by Bornite Capital Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| amazon com inc | -76.00 |
| cenovus energy inc | -70.37 |
| uber technologies inc | -37.5 |
| osisko gold royalties ltd | -36.23 |
Bornite Capital Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| veren inc | -39,350,000 |
| mirion technologies inc | -11,036,400 |
| mdu res group inc | -7,730,800 |
| csx corp | -10,035,000 |
| core & main inc | -12,748,900 |
| caesars entertainment inc ne | -9,935,000 |
| corning inc | -9,712,500 |
| fluor corp new | -8,710,000 |
Bornite Capital Management LP got rid off the above stocks
Sector Distribution
Bornite Capital Management LP has about 29% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 29 |
| Industrials | 24 |
| Technology | 18.4 |
| Basic Materials | 9.1 |
| Communication Services | 6.8 |
| Energy | 5.9 |
| Consumer Cyclical | 4.3 |
| Financial Services | 2.5 |
Market Cap. Distribution
Bornite Capital Management LP has about 67.3% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 46.9 |
| UNALLOCATED | 29 |
| MEGA-CAP | 20.4 |
| MID-CAP | 2.8 |
Stocks belong to which Index?
About 59.9% of the stocks held by Bornite Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 56.3 |
| Others | 40.1 |
| RUSSELL 2000 | 3.6 |
Bornite Capital Management LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Bornite Capital Management LP
Bornite Capital Management LP has 36 stocks in it's portfolio. About 49% of the portfolio is in top 10 stocks. AMZN proved to be the most loss making stock for the portfolio. PWR was the most profitable stock for Bornite Capital Management LP last quarter.
Last Reported on: 13 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ADBE | adobe inc | 1.83 | 20,000 | 10,355,600 | new | |||
| AMAT | applied matls inc | 1.79 | 50,000 | 10,102,500 | new | |||
| AMZN | amazon com inc | 1.98 | 60,000 | 11,179,800 | reduced | -76.00 | ||
| APD | air prods & chems inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AVY | avery dennison corp | 2.34 | 60,000 | 13,245,600 | new | |||
| BLDR | builders firstsource inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CDNS | cadence design system inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CNM | core & main inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CRH | crh plc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CRM | salesforce inc | 1.94 | 40,000 | 10,948,400 | new | |||
| CSX | csx corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CZR | caesars entertainment inc ne | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DE | deere & co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DFS | discover finl svcs | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ECL | ecolab inc | 2.26 | 50,000 | 12,766,500 | new | |||
| ETN | eaton corp plc | 6.18 | 105,500 | 34,966,900 | added | 157 | ||
| FDX | fedex corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FLR | fluor corp new | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GE | ge aerospace | 2.83 | 85,000 | 16,029,300 | added | 13.33 | ||