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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.

Latest 13F Filing Activity

Bornite Capital Management LP filed their most recent 13F report on Jun 30, 2025 disclosing 36 equity positions with a total 13F market value of $999M. The fund increased holdings in Carpenter Technology Corp., Baker Hughes Company, Tetra Tech Inc. New among other positions. Bornite Capital Management LP reduced exposure to Viper Energy Inc., AT&T Inc., Netflix Inc. among others.

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)
TALEN ENERGY CORP4.48%$44.7M153,900$178.24$290.77+$3.9M
MIRION TECHNOLOGIES INC4.42%$44.2M2,051,700$17.45$21.53+$14.2M
CARPENTER TECHNOLOGY CORP4.15%$41.5M150,000$276.38$276.38+$41.5M
BAKER HUGHES COMPANY3.94%$39.4M1,027,100$38.34$38.34+$39.4M
QUANTA SVCS INC3.89%$38.9M102,900$305.01$378.08+$21.4M

Industry Allocation

SOAP, DETERGENTS, CLEANG PREPARATIONS, PERFUMES, COSMETICS
+6.4%
DRAWING & INSULATING OF NONFERROUS WIRE
+6.3%
ELECTRIC SERVICES
+6.2%
ELECTRICAL WORK
+6.0%
STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)
+5.9%