13F Insight
DOSSIER · 13F-HR · Q2 2026

Bornite Capital Management LP

$795M in tracked AUM across 20 positions as of Q2 2026.

BC
CIK 0001800641 · last filed Jun 30, 2026
Total AUM
$795M
as of Q2 2026
Holdings
20
—
positions
Whale Score
70
70
strong
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

Bornite Capital Management LP has undergone a significant transformation in the quarter ending September 30, 2025. The firm executed a substantial reduction in portfolio size, with total assets under management (AUM) decreasing by 42.9%, dropping from approximately $998.84 million to $569.84 million. This de-risking was accompanied by a drastic turnover in strategy; the manager reduced the number of holdings from a previous undisclosed number (likely much higher given the...

The portfolio is currently highly concentrated, with the top 10 positions accounting for approximately 78% of the total value. The turnover was exceptionally aggressive, characterized by a "clean slate" approach: the manager exited 26 positions and initiated 11 new ones, representing a complete overhaul of the fund's exposure. This suggests a pivot away from a previous strategy—likely focused on industrial and energy services—toward a more barbell approach balancing high-growth secular winners with specific value plays in energy and industrials.

Key Holdings

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
TLN
TALEN ENERGY CORP
$61M158K7.6%02
AMZN
AMAZON COM INC
$57M238K7.1%03
CRS
CARPENTER TECHNOLOGY CORP
$56M90K7.0%04
DY
DYCOM INDS INC
$54M106K6.8%05
TSM
TAIWAN SEMICONDUCTOR MANUFAC
$51M107K6.4%06
HBM
HUDBAY MINERALS INC
$50M2.1M6.3%07
N07059210
ASML HLDG NV
$50M25K6.3%08
ETR
ENTERGY CORP NEW
$49M426K6.2%09
SKE
SKEENA RES LTD NEW
$43M1.6M5.4%10
LNG
CHENIERE ENERGY INC
$39M163K4.9%

Filing history

2026Q2Jun 30
$795M▲ 33.6%
20 positionsView →2026Q1Mar 31
$595M▼ 42.0%
17 positionsView →2025Q4Dec 31
$1.0B▲ 79.8%
28 positionsView →2025Q3Sep 30
$570M▼ 42.9%
21 positionsView →2025Q2Jun 30
$999M▲ 157.2%
36 positionsLocked2025Q1Mar 31
$388M▼ 47.8%
28 positionsLocked2024Q4Dec 31
$744M▲ 31.4%
35 positionsLocked2024Q3Sep 30
$566M▼ 6.8%
36 positionsLocked2024Q2Jun 30
$607M▲ 1.8%
39 positionsLocked2024Q1Mar 31
$597M▲ 39.6%
37 positionsLocked2023Q4Dec 31
$427M▲ 28.9%
19 positionsLocked2023Q3Sep 30
$331M▼ 35.9%
45 positionsLocked
Showing 12 of 21