Q2 2026 13F · SEC CIK 1800641
Bornite Capital Management LP
Hedge fundFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $794.6M
- Reported positions
- 20
- Top holdings a year, 3 yrs
- +26.9%
- Assets under management
- $1.4B
Bornite Capital Management LP is a hedge fund that reported 20 positions worth $794.6M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Talen Energy Corp (TLN, 7.6%), Amazon Com Inc (AMZN, 7.1%), Carpenter Technology Corp (CRS, 7.0%). A portfolio copying its top holdings returned 26.9% a year over the last 3 years, against 20.4% for the S&P 500.
Bornite Capital Management LP holdings all 20 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| TLNTalen Energy Corp | 7.6% | -24.6% | $60.5M |
| AMZNAmazon Com Inc | 7.1% | — | $56.7M |
| CRSCarpenter Technology Corp | 7.0% | -32.3% | $55.7M |
| DYDycom Inds Inc | 6.8% | +1.0% | $53.7M |
| TSMTaiwan Semiconductor Manufac | 6.4% | -48.2% | $51.1M |
| HBMHudbay Minerals Inc | 6.3% | — | $50.4M |
| ASMLAsml Hldg NV | 6.3% | — | $49.7M |
| ETREntergy Corp New | 6.2% | — | $49.0M |
| SKESkeena Res Ltd New | 5.4% | +23.4% | $43.2M |
| LNGCheniere Energy Inc | 4.9% | +176.8% | $39.0M |
| MAMastercard Incorporated | 4.8% | — | $38.5M |
| VMIValmont Inds Inc Com | 4.7% | — | $37.7M |
| MLMMartin Marietta Matls Inc | 4.7% | — | $37.6M |
| CDNSCadence Design System Inc | 4.7% | — | $37.5M |
| EQTEqt Corp | 4.7% | — | $37.2M |
| CNMCore & Main Inc | 4.6% | — | $36.6M |
| GEGe Aerospace | 3.8% | +1150.0% | $29.9M |
| FCXFreeport Mcmoran Inc | 3.2% | +0.0% | $25.2M |
| PWRQuanta Svcs Inc | 0.4% | -92.8% | $3.1M |
| SINDSinda Ltd | 0.3% | — | $2.4M |
What Bornite Capital Management LP bought and sold in Q2 2026, against Q1 2026.
New positions
- AMZN Amazon Com Inc7.1% of 13F
- HBM Hudbay Minerals Inc6.3% of 13F
- ASML Asml Hldg NV6.3% of 13F
- ETR Entergy Corp New6.2% of 13F
- MA Mastercard Incorporated4.8% of 13F
- VMI Valmont Inds Inc Com4.7% of 13F
- MLM Martin Marietta Matls Inc4.7% of 13F
- CDNS Cadence Design System Inc4.7% of 13F
Added to
- GE Ge Aerospace+1150.0% shares
- LNG Cheniere Energy Inc+176.8% shares
- SKE Skeena Res Ltd New+23.4% shares
Reduced
- PWR Quanta Svcs Inc-92.8% shares
- TSM Taiwan Semiconductor Manufac-48.2% shares
- CRS Carpenter Technology Corp-32.3% shares
- TLN Talen Energy Corp-24.6% shares
Sold out
- STLD Steel Dynamics Incwas 10.6%
- CTRI Centuri Holdings Inc Com Shswas 10.4%
- AR Antero Resources Corpwas 7.4%
- META Meta Platforms Incwas 5.8%
- CENX Century Alum Cowas 5.3%
- DC Dakota Gold Corpwas 1.7%
- SPOT Spotify Technology SAwas 1.6%
- NAK Northern Dynasty Minerals Ltwas 0.2%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +42.4% /yr
- S&P 500 +20.1%
- 3 years
- +26.9% /yr
- S&P 500 +20.4%
- 5 years
- +20.4% /yr
- S&P 500 +11.2%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $794.6M | 20 |
| Q1 2026 | $594.8M | 17 |
| Q4 2025 | $1.0B | 28 |
| Q3 2025 | $1.1B | 35 |
| Q2 2025 | $998.8M | 36 |
| Q1 2025 | $388.3M | 28 |
| Q4 2024 | $743.6M | 35 |
| Q3 2024 | $565.8M | 36 |
| Q2 2024 | $607.3M | 39 |
| Q1 2024 | $596.7M | 37 |
| Q4 2023 | $427.4M | 19 |
| Q3 2023 | $331.5M | 45 |
Questions about Bornite Capital Management LP's portfolio
What stocks does Bornite Capital Management LP own?
Bornite Capital Management LP's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 20 positions worth $794.6M. The largest are Talen Energy Corp (TLN) at 7.6%, Amazon Com Inc (AMZN) at 7.1%, Carpenter Technology Corp (CRS) at 7.0%, Dycom Inds Inc (DY) at 6.8% and Taiwan Semiconductor Manufac (TSM) at 6.4%.
What did Bornite Capital Management LP buy last quarter?
In Q2 2026, Bornite Capital Management LP added a new position in Amazon Com Inc (AMZN), a new position in Hudbay Minerals Inc (HBM), a new position in Asml Hldg NV (ASML), a new position in Entergy Corp New (ETR), a new position in Mastercard Incorporated (MA), Ge Aerospace (GE) (+1150.0% shares), Cheniere Energy Inc (LNG) (+176.8% shares) and Skeena Res Ltd New (SKE) (+23.4% shares), compared with its Q1 2026 filing.
What did Bornite Capital Management LP sell last quarter?
In Q2 2026, Bornite Capital Management LP sold all of Steel Dynamics Inc (STLD), sold all of Centuri Holdings Inc Com Shs (CTRI), sold all of Antero Resources Corp (AR), sold all of Meta Platforms Inc (META), sold all of Century Alum Co (CENX), Quanta Svcs Inc (PWR) (-92.8% shares), Taiwan Semiconductor Manufac (TSM) (-48.2% shares) and Carpenter Technology Corp (CRS) (-32.3% shares), compared with its Q1 2026 filing.
How has Bornite Capital Management LP's portfolio performed?
A portfolio copying Bornite Capital Management LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +26.9% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +42.4% against +20.1%. Over 5 years: +20.4% a year against +11.2%.
When is Bornite Capital Management LP's next 13F filing due?
13F filings are due 45 days after each quarter ends. Bornite Capital Management LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Bornite Capital Management LP manage?
Bornite Capital Management LP reported $1.4B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $794.6M.