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Bornite Capital Management LP

CIK:0001800641
Hedge Fund
$1B AUM
36 holdings
New York, NY, US
Founded:2021
6 employees
Latest filing:Jun 30, 2025

Bornite Capital Management LP is a hedge fund manager headquartered in New York, NY. The firm was founded in Delaware and operates with about 6 employees as of 2025, primarily serving pooled investment vehicles including hedge funds. Their AUM exceeds $1.1 billion, and they are led by professionals including Daniel Dreyfus and Matthew Frame.

Investment Strategy

Bornite Capital Management focuses on U.S. and global equities across commodities, industrials, and infrastructure sectors, utilizing a fundamental, research-driven approach to identify mispriced securities and opportunistic investments. The firm actively manages concentrated positions and seeks to deliver strong risk-adjusted returns, making significant net buys when conviction is high and frequently adjusting holdings.

Top Buys
C
CRSCARPENTER TECHNOLOGY CORP
+$41.5M
B
BKRBAKER HUGHES COMPANY
+$39.4M
T
TTEKTETRA TECH INC NEW
+$37.0M
E
ETNEATON CORP PLC
+$35.9M
F
FCXFREEPORT-MCMORAN INC
+$35.7M
Top Sells
V
VNOMVIPER ENERGY INC
-$22.6M
T
TAT&T INC
-$19.8M
N
NFLXNETFLIX INC
-$18.7M
S
SOBOSOUTH BOW CORP
-$17.0M
O
OROSISKO GOLD ROYALTIES LTD
-$10.6M

Top Holdings

T
TLNTALEN ENERGY CORP
+4.5%$44.7M
M
MIRMIRION TECHNOLOGIES INC
+4.4%$44.2M
C
CRSCARPENTER TECHNOLOGY CORP
+4.2%$41.5M
B
BKRBAKER HUGHES COMPANY
+3.9%$39.4M
P
PWRQUANTA SVCS INC
+3.9%$38.9M

Equity Positions (36)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
T
TLN
TALEN ENERGY CORP4.48%$44.7M153,900$178.24$290.77+$3.9M
M
MIR
MIRION TECHNOLOGIES INC4.42%$44.2M2,051,700$17.45$21.53+$14.2M
C
CRS
CARPENTER TECHNOLOGY CORP4.15%$41.5M150,000$276.38$276.38+$41.5M
B
BKR
BAKER HUGHES COMPANY3.94%$39.4M1,027,100$38.34$38.34+$39.4M
P
PWR
QUANTA SVCS INC3.89%$38.9M102,900$305.01$378.08+$21.4M

Industry Allocation

ELECTRIC SERVICES
+7.9%
STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)
+5.5%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+5.5%
SERVICES-PREPACKAGED SOFTWARE
+4.9%
MEASURING & CONTROLLING DEVICES, NEC
+4.4%