Bornite Capital Management is based out of New York. Bornite Capital Management is a hedge fund with 4 clients and discretionary assets under management (AUM) of $923,719,332 (Form ADV from 2023-04-05). Their last reported 13F filing for Q4 2023 included $427,381,194 in managed 13F securities
and a top 10 holdings concentration of 82.09%. Bornite Capital Management's largest holding is Cenovus Energy Inc with shares held of 3,025,100. Whalewisdom has at least 13 13F filings
2023-12-31
Top Buys (13F)
Name | % Change |
---|---|
CRH CRH Plc | 9.81% |
GE General Electric Co | 8.31% |
MCK McKesson Corp. | 8.12% |
WDAY Workday Inc | 8.07% |
FCX Freeport-McMoRan Cop | 5.09% |
2023-12-31
Top Sells (13F)
Name | % Change |
---|---|
GOOGL Alphabet Inc. Class | 7.9% |
RRC Range Resources Corp | 6.84% |
WCC WESCO International, | 6.68% |
CP Canadian Pacific Rai | 5.95% |
ECL Ecolab Inc. | 5.11% |
2023-12-31
13F Holdings Summary
Name | $ Change |
---|---|
CVE Cenovus Energy Inc | 11.79% |
CRH CRH Plc | 9.81% |
AMZN Amazon.com Inc. | 8.89% |
MSFT Microsoft Corp. | 8.8% |
ETN Eaton Corp. (Torbens | 8.55% |
2023-12-31
13F Activity
Market Value | $427m, Prior: $331m |
New Purchases | 14 stocks |
Added To | 2 stocks |
Sold out of | 40 stocks |
Reduced holdings in | 2 stocks |
Top 10 Holdings % | 82.09% |
Turnover %[1] | 284.21% |
Turnover Alt %[2] | 44.93% |
Time Held Top 20 | 1.2105 quarters |
Time Held Top 10 | 1 quarters |
Time Held All | 2.58 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31