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CGM
Capital Growth Management Portfolio holdings
AUM
$761M
1-Year Est. Return
30.71%
This Fund
S&P 500
This Quarter
Est. Return
+69.6%
1 Year Est. Return
+30.71%
3 Year Est. Return
+422.09%
5 Year Est. Return
+672.61%
10 Year Est. Return
–
AUM
$860M
AUM Growth
+$148M
(+21%)
Cap. Flow
-$125M
Cap. Flow
% of AUM
-14.49%
Top 10 Holdings %
Top 10 Hldgs %
45.21%
Holding
66
New
24
Increased
5
Reduced
11
Closed
25
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar General
DG
|
+$23.5M |
| 2 |
Thor Industries
THO
|
+$21.1M |
| 3 |
Teradyne
TER
|
+$21.1M |
| 4 |
Toll Brothers
TOL
|
+$21.1M |
| 5 |
Winnebago Industries
WGO
|
+$20.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MDC
M.D.C. Holdings, Inc.
MDC
|
+$36.7M |
| 2 |
Philip Morris
PM
|
+$30.6M |
| 3 |
The GEO Group
GEO
|
+$26.2M |
| 4 |
CoreCivic
CXW
|
+$23.4M |
| 5 |
AbbVie
ABBV
|
+$21.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 53.89% |
| 2 | Materials | 16.83% |
| 3 | Healthcare | 10.29% |
| 4 | Technology | 7.36% |
| 5 | Real Estate | 5.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Meritage Homes
MTH
$4.87B
| $60.1M | 6.99% |
1,580,000
-250,000
| -14% | -$7.39M |
|
2
Lennar Class A
LEN
$20.4B
| $51.8M | 6.02% |
867,720
-92,970
| -10% | -$4.75M |
|
3
KB Home
KBH
$3.48B
| $50M | 5.81% |
1,630,000
+480,000
| +42% | +$13.2M |
|
4
D.R. Horton
DHI
$41B
| $49.6M | 5.77% |
895,000
-240,000
| -21% | -$11.6M |
|
5
LGI Homes
LGIH
$1.4B
| $33.5M | 3.89% |
380,000
| – | – |
|
6
Taylor Morrison
TMHC
| $31.1M | 3.61% |
1,610,000
+40,000
| +3% | +$630K |
|
|
HZNP
7
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $30M | 3.49% |
540,000
-340,000
| -39% | -$14.5M |
|
|
8
Thor Industries
THO
$3.99B
| $28.8M | 3.34% |
+270,000
| New | +$21.1M |
|
9
PennyMac Financial
PFSI
$4.38B
| $27.6M | 3.21% |
660,000
-420,000
| -39% | -$13.3M |
|
|
10
Teradyne
TER
$54.8B
| $26.6M | 3.09% |
+315,000
| New | +$21.1M |
|
|
11
Winnebago Industries
WGO
$870M
| $26.3M | 3.06% |
+395,000
| New | +$20.2M |
|
|
12
Toll Brothers
TOL
$14B
| $25.1M | 2.92% |
+770,000
| New | +$21.1M |
|
|
13
Dollar General
DG
$25.9B
| $24.8M | 2.88% |
+130,000
| New | +$23.5M |
|
14
Vale
VALE
$62.9B
| $22.7M | 2.64% |
+2,200,000
| New | +$20.1M |
|
15
Kinross Gold
KGC
$28.5B
| $22.4M | 2.6% |
+3,100,000
| New | +$20.1M |
|
16
Adobe
ADBE
$89.5B
| $22.2M | 2.58% |
51,000
+1,000
| +2% | +$371K |
|
|
TPH
17
DELISTED
Tri Pointe Homes
TPH
| $22.2M | 2.58% |
1,510,000
-460,000
| -23% | -$5.64M |
|
|
SAND
18
DELISTED
Sandstorm Gold
SAND
| $22.1M | 2.57% |
+2,300,000
| New | +$18.1M |
|
19
Pultegroup
PHM
$24.5B
| $21.8M | 2.53% |
640,000
-360,000
| -36% | -$10.8M |
|
20
Gold Fields
GFI
$29.2B
| $21.1M | 2.46% |
+2,250,000
| New | +$17M |
|
21
Brunswick
BC
$5.19B
| $20.5M | 2.38% |
+320,000
| New | +$15.9M |
|
22
SSR Mining
SSRM
$5.57B
| $20.3M | 2.36% |
+950,000
| New | +$17M |
|
23
Alamos Gold
AGI
$12.4B
| $20.2M | 2.34% |
+2,150,000
| New | +$16.5M |
|
24
Deckers Outdoor
DECK
$13.3B
| $16.3M | 1.89% |
+498,000
| New | +$13.7M |
|
25
American Homes 4 Rent
AMH
$12B
| $15.3M | 1.78% |
+570,000
| New | +$14.2M |
|
Similar funds
AEPI
PS
BO
RIM
FF
BCM
RWA
HPWM
Capital Growth Management's Q2 2020 Portfolio in Review
As of Q2 2020, Capital Growth Management held 66 positions worth $860M, up 21% from $712M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Capital Growth Management withdrew a net $125M in Q2 2020, closing 25 positions and reducing 11 holdings. Its most notable exit was Philip Morris, an estimated $30.6M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 54% of assets, up from 38% a quarter earlier, followed by Materials and Healthcare.
Against the trend, Capital Growth Management opened a new position in Dollar General worth $24.8M.
- Capital Growth Management's largest Q2 2020 buy was Dollar General: 130,000 shares worth $24.8M.
- Capital Growth Management added most to KB Home in Q2 2020, an estimated $13.2M increase.
- Capital Growth Management's biggest Q2 2020 reduction was M.D.C. Holdings, Inc., cutting an estimated $36.7M.
- Capital Growth Management fully exited Philip Morris in Q2 2020, selling an estimated $30.6M.
- Capital Growth Management's ten largest holdings make up 45% of its $860M portfolio in Q2 2020.
- Capital Growth Management opened 24 new positions and closed 25 in Q2 2020.
- Capital Growth Management's portfolio value rose 21% quarter-over-quarter to $860M.
Based on Capital Growth Management's 13F filing for Q2 2020, filed 13 Aug 2020.