Bornite Capital Management LP
Filing Date
Global Rank
#2,094
/ 8,232
▼ 481
Top Industry
Semiconductors
11.7%
3Y Alpha vs SPY
+11.7%
Period ended 2 months ago
Filed May 15, 2026 · 29d
20 quarters · since Jun 2021
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+135.3%
SPY
+76.5%
Annualised alpha
+12.2%
Max drawdown
−21.1%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
17 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
11.7%
+4.2 pts
Top 5
52.7%
+18.8 pts
Top 10
84.0%
+20.3 pts
HHI
817
Diversified+308
Portfolio Trend
20 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Basic Materials | 28.4% | $168,844,340 |
| Utilities | 21.6% | $128,259,114 |
| Industrials | 20.7% | $122,901,972 |
| Technology | 11.7% | $69,820,470 |
| Energy | 10.2% | $60,851,064 |
| Communication Services | 7.4% | $44,026,000 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced
6 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NAK | Northern Dynasty Minerals Ltd | −4,385,000 | 1,000,000 | $1,400,000 | |
| LNG | Cheniere Energy, Inc. | −300,000 | 58,900 | $16,713,464 | |
| GE | General Electric Co | −200,000 | 6,400 | $1,816,128 | |
| FCX | Freeport-Mcmoran Inc | −100,000 | 400,000 | $23,512,000 | |
| PWR | Quanta Services, Inc. | −95,500 | 60,000 | $32,941,200 | |
| CRS | Carpenter Technology Corp | −75,000 | 133,200 | $52,500,780 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
6 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| STLD | Steel Dynamics Inc | 350,000 | $63,000,000 | |
| CTRI | Centuri Holdings, Inc. | 2,109,000 | $61,603,890 | |
| AR | ANTERO RESOURCES Corp | 1,040,000 | $44,137,600 | |
| DY | Dycom Industries Inc | 105,200 | $35,643,864 | |
| META | Meta Platforms, Inc. | 60,000 | $34,327,800 | |
| DC | Dakota Gold Corp. | 2,000,000 | $10,100,000 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
17 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AMZN | Amazon Com Inc | 300,000 | $69,246,000 | |
| GLW | Corning Inc /Ny | 730,000 | $63,918,800 | |
| VNOM | Viper Energy, Inc. | 1,500,000 | $57,945,000 | |
| GFL | GFL Environmental Inc. | 1,342,400 | $57,656,080 | |
| NUE | Nucor Corp | 300,000 | $48,933,000 | |
| CRH | Crh Public Ltd Co | 319,800 | $39,911,040 | |
| BALL | BALL Corp | 700,000 | $37,079,000 | |
| RRC | Range Resources Corp | 800,000 | $28,208,000 | |
| UAL | United Airlines Holdings, Inc. | 250,000 | $27,955,000 | |
| BAC | Bank Of America Corp /De/ | 500,000 | $27,500,000 | |
| TECK | Teck Resources Ltd | 500,000 | $23,945,000 | |
| SNPS | Synopsys Inc | 40,000 | $18,788,800 | |
| ROAD | Construction Partners, Inc. | 150,000 | $16,282,500 | |
| CARR | CARRIER GLOBAL Corp | 300,000 | $15,852,000 | |
| TE | T1 Energy Inc. | 1,250,000 | $8,350,000 | |
| MOS | Mosaic Co | 300,000 | $7,227,000 | |
| WWD | Woodward, Inc. | 5,200 | $1,572,064 | |
| No positions match the current search. | ||||
17 positions ·
$594,702,960 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Held | 206,600 | $69,820,470 | 11.74% | |
| TLN |
Talen Energy Corp
Utilities
|
Added | 208,800 | $66,655,224 | 11.21% | |
| STLD |
Steel Dynamics Inc
Basic Materials
|
NEW | 350,000 | $63,000,000 | 10.59% | |
| CTRI |
Centuri Holdings, Inc.
Utilities
|
NEW | 2,109,000 | $61,603,890 | 10.36% | |
| CRS |
Carpenter Technology Corp
Industrials
|
Reduced | 133,200 | $52,500,780 | 8.83% | |
| AR |
ANTERO RESOURCES Corp
Energy
|
NEW | 1,040,000 | $44,137,600 | 7.42% | |
| SKE |
Skeena Resources Ltd
Basic Materials
|
Added | 1,313,000 | $39,022,360 | 6.56% | |
| DY |
Dycom Industries Inc
Industrials
|
NEW | 105,200 | $35,643,864 | 5.99% | |
| META |
Meta Platforms, Inc.
Communication Services
|
NEW | 60,000 | $34,327,800 | 5.77% | |
| PWR |
Quanta Services, Inc.
Industrials
|
Reduced | 60,000 | $32,941,200 | 5.54% | |
| CENX |
Century Aluminum Co
Basic Materials
|
Added | 542,000 | $31,809,980 | 5.35% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Reduced | 400,000 | $23,512,000 | 3.95% | |
| LNG |
Cheniere Energy, Inc.
Energy
|
Reduced | 58,900 | $16,713,464 | 2.81% | |
| DC |
Dakota Gold Corp.
Basic Materials
|
NEW | 2,000,000 | $10,100,000 | 1.70% | |
| SPOT |
Spotify Technology S.A.
Communication Services
|
Held | 20,000 | $9,698,200 | 1.63% | |
| GE |
General Electric Co
Industrials
|
Reduced | 6,400 | $1,816,128 | 0.31% | |
| NAK |
Northern Dynasty Minerals Ltd
Basic Materials
|
Reduced | 1,000,000 | $1,400,000 | 0.24% |