Bornite Capital Management LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Bornite Capital Management LP reported 36 stock positions worth $565.8 million. Its top holding was Talen Energy (TLN) at 8.2% of the portfolio, followed by Microsoft (MSFT, 7.6%) and Eaton (ETN, 6.2%). Compared with Q2 2024, it opened 24 new positions, sold out of 27, added to 7 and reduced 4. The biggest buy was a new position in Talen Energy (TLN) and the biggest sale an exit from Veren (VRN).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001800641
- Portfolio Value
- $565.8M (Q3 2024)
- SEC Filing
- 0001800641-24-000009 ↗ filed Nov 13, 2024
Holdings Value
Holdings 36 stocks · $565.8M
| TLN Talen Energy Corp. | 8.24% | 261,500 | $46.6M | New |
| MSFT Microsoft Corp. | 7.61% | 100,000 | $43.0M | No change |
| ETN Eaton Corp. PLC | 6.18% | 105,500 | $35.0M | Add +157.9% |
| GEV GE Vernova Inc. | 4.89% | 108,500 | $27.7M | Add +38.1% |
| STLD Steel Dynamics Inc. | 4.46% | 200,000 | $25.2M | New |
| OR Osisko Gold Royalties Ltd. | 4.24% | 1,296,000 | $24.0M | Reduce -36.2% |
| PWR Quanta Services Inc. | 4.03% | 76,500 | $22.8M | Add +91.3% |
| WCN Waste Connections Inc. | 3.16% | 100,000 | $17.9M | Add +42.9% |
| LNG Cheniere Energy Inc. | 3.15% | 99,000 | $17.8M | Add +55.9% |
| WSO Watsco Inc. | 3.04% | 35,000 | $17.2M | New |
| GE General Electric filed as GE AEROSPACE | 2.83% | 85,000 | $16.0M | Add +13.3% |
| KNTK Kinetik Holdings Inc. | 2.80% | 350,000 | $15.8M | New |
| SLV iShares Silver Trust | 2.58% | 513,000 | $14.6M | New |
| TT Trane Technologies PLC | 2.40% | 35,000 | $13.6M | New |
| LB Landbridge Co. LLC-A | 2.39% | 345,000 | $13.5M | New |
| SHW The Sherwin-Williams Co. | 2.36% | 35,000 | $13.4M | New |
| AVY Avery Dennison Corp. | 2.34% | 60,000 | $13.2M | New |
| OTIS Otis Worldwide Corp. | 2.30% | 125,000 | $13.0M | New |
| ECL Ecolab Inc. | 2.26% | 50,000 | $12.8M | New |
| CVE Cenovus Energy Inc. | 2.22% | 750,000 | $12.5M | Reduce -70.4% |
| CCJ Cameco Corp. | 2.11% | 250,000 | $11.9M | Add +25.0% |
| FLUT Flutter Entertainment PLC-Di | 2.10% | 50,000 | $11.9M | New |
| GOOGL Alphabet Inc. Class A | 2.05% | 70,000 | $11.6M | New |
| META Meta Platforms Inc. Class A | 2.02% | 20,000 | $11.4M | New |
| AMZN Amazon.com Inc. | 1.98% | 60,000 | $11.2M | Reduce -76.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.95% | 50,000 | $11.1M | New |
| CRM Salesforce Inc. | 1.94% | 40,000 | $10.9M | New |
| ADBE Adobe Inc. | 1.83% | 20,000 | $10.4M | New |
| AMAT Applied Materials Inc. | 1.79% | 50,000 | $10.1M | New |
| V Visa Inc. Class A | 1.70% | 35,000 | $9.6M | New |
| UBER Uber Technologies Inc. | 1.66% | 125,000 | $9.4M | Reduce -37.5% |
| NOW ServiceNow Inc. | 1.58% | 10,000 | $8.9M | New |
| LYV Live Nation Entertainment Inc. | 1.45% | 75,000 | $8.2M | New |
| NFLX Netflix Inc. | 1.25% | 10,000 | $7.1M | New |
| WULF Terawulf Inc. | 0.83% | 1,000,000 | $4.7M | New |
| TRP TC Energy Corp. | 0.29% | 35,000 | $1.7M | New |
Portfolio Sells Q2 2024 → Q3 2024
| VRN Veren Inc. | Sold out | 0.00% | −6.48 |
| AMZN Amazon.com Inc. | Reduce -76.0% | 1.98% | −5.98 |
| CVE Cenovus Energy Inc. | Reduce -70.4% | 2.22% | −5.98 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −3.04 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −2.91 |
| AAPL Apple Inc. | Sold out | 0.00% | −2.77 |
| NUE Nucor Corp. | Sold out | 0.00% | −2.60 |
| FNV Franco-Nevada Corp. | Sold out | 0.00% | −2.44 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −2.10 |
| CRH CRH PLC | Sold out | 0.00% | −1.93 |
| MCK McKesson Corp. | Sold out | 0.00% | −1.92 |
| DE Deere & Co. | Sold out | 0.00% | −1.85 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −1.82 |
| MIR Mirion Technologies Inc. | Sold out | 0.00% | −1.82 |
| LIN Linde PLC | Sold out | 0.00% | −1.81 |
| HLT Hilton Worldwide Holdings Inc. | Sold out | 0.00% | −1.80 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −1.79 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −1.78 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −1.75 |
| FDX FedEx Corp. | Sold out | 0.00% | −1.73 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −1.70 |
| CSX CSX Corp. | Sold out | 0.00% | −1.65 |
| CZR Caesars Entertainment Inc. | Sold out | 0.00% | −1.64 |
| DFS Discover Financial Services | Sold out | 0.00% | −1.62 |
| GLW Corning Inc. | Sold out | 0.00% | −1.60 |
| AER Aercap Holdings NV | Sold out | 0.00% | −1.53 |
| FLR Fluor Corp. | Sold out | 0.00% | −1.43 |
| MDU Mdu Resources Group Inc. | Sold out | 0.00% | −1.27 |
| OR Osisko Gold Royalties Ltd. | Reduce -36.2% | 4.24% | −0.97 |
| UBER Uber Technologies Inc. | Reduce -37.5% | 1.66% | −0.73 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −0.67 |
Portfolio Buys Q2 2024 → Q3 2024
| TLN Talen Energy Corp. | New | 8.24% | +8.24 |
| STLD Steel Dynamics Inc. | New | 4.46% | +4.46 |
| ETN Eaton Corp. PLC | Add +157.9% | 6.18% | +4.07 |
| WSO Watsco Inc. | New | 3.04% | +3.04 |
| KNTK Kinetik Holdings Inc. | New | 2.80% | +2.80 |
| GEV GE Vernova Inc. | Add +38.1% | 4.89% | +2.67 |
| SLV iShares Silver Trust | New | 2.58% | +2.58 |
| TT Trane Technologies PLC | New | 2.40% | +2.40 |
| LB Landbridge Co. LLC-A | New | 2.39% | +2.39 |
| SHW The Sherwin-Williams Co. | New | 2.36% | +2.36 |
| PWR Quanta Services Inc. | Add +91.3% | 4.03% | +2.36 |
| AVY Avery Dennison Corp. | New | 2.34% | +2.34 |
| OTIS Otis Worldwide Corp. | New | 2.30% | +2.30 |
| ECL Ecolab Inc. | New | 2.26% | +2.26 |
| FLUT Flutter Entertainment PLC-Di | New | 2.10% | +2.10 |
| GOOGL Alphabet Inc. Class A | New | 2.05% | +2.05 |
| META Meta Platforms Inc. Class A | New | 2.02% | +2.02 |
| IBM Intl Business Machines Corp. | New | 1.95% | +1.95 |
| CRM Salesforce Inc. | New | 1.94% | +1.94 |
| ADBE Adobe Inc. | New | 1.83% | +1.83 |
| AMAT Applied Materials Inc. | New | 1.79% | +1.79 |
| V Visa Inc. Class A | New | 1.70% | +1.70 |
| NOW ServiceNow Inc. | New | 1.58% | +1.58 |
| LYV Live Nation Entertainment Inc. | New | 1.45% | +1.45 |
| LNG Cheniere Energy Inc. | Add +55.9% | 3.15% | +1.32 |
| NFLX Netflix Inc. | New | 1.25% | +1.25 |
| WCN Waste Connections Inc. | Add +42.9% | 3.16% | +1.14 |
| GE General Electric | Add +13.3% | 2.83% | +0.87 |
| WULF Terawulf Inc. | New | 0.83% | +0.83 |
| CCJ Cameco Corp. | Add +25.0% | 2.11% | +0.49 |
| TRP TC Energy Corp. | New | 0.29% | +0.29 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $794.6M | TLN, AMZN, CRS, DY, TSM |
| Q1 2026 | 17 | $594.8M | TSM, TLN, STLD, CTRI, CRS |
| Q4 2025 | 28 | $1.0B | TLN, LNG, AMZN, PWR, CRS |
| Q3 2025 | 35 | $1.1B | ECL, GLW, TLN, PWR, CRS |
| Q2 2025 | 36 | $998.8M | TLN, MIR, CRS, BKR, PWR |
| Q1 2025 | 28 | $388.3M | TLN, MIR, LNG, SOBO, GFL |
| Q4 2024 | 35 | $743.6M | TLN, STLD, MIR, WCN, GE |
| Q3 2024 | 36 | $565.8M | TLN, MSFT, ETN, GEV, STLD |
| Q2 2024 | 39 | $607.3M | CVE, AMZN, MSFT, VRN, OR |
| Q1 2024Amended | 37 | $596.7M | CVE, AMZN, VLO, MSFT, CRH |