CAPITAL GROWTH MANAGEMENT LP

CIK

60335

Location

BOSTON, MA 02110, MA

Portfolio Value

Small $764,694,314

Diversification

Diversified

Filing Date

Sep 30, 2020

Global Rank

#1,274 / 5,291 · as of Sep 2020

Top Industry

Residential Construction 44.7%

3Y Alpha vs SPY

-10.8%

Period ended 5 years ago

Filed Nov 12, 2020 · 5y

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+32.1%

SPY

+76.0%

Annualised alpha

-11.0%

Max drawdown

−32.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

39 positions · as of Sep 30, 2020

Top Position

8.7%

of portfolio value

Top 5

32.5%

of portfolio value

Top 10

50.0%

of portfolio value

HHI

396

Diversified

Sector Breakdown

As of Sep 30, 2020

Sector	% Portfolio	Value	Positions
Consumer Cyclical	66.7%	$510,335,456	20
Real Estate	14.4%	$110,062,300	8
Basic Materials	9.9%	$75,778,000	6
Industrials	5.3%	$40,824,758	2
Financial Services	2.5%	$19,324,600	2
Technology	1.1%	$8,369,200	1

Portfolio Positions

Compact Export CSV View 13F filing

39 positions · $764,694,314 total · as of Sep 30, 2020

All sectors Basic Materials Consumer Cyclical Financial Services Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
DHI	Horton D R Inc /De/ Consumer Cyclical	First	880,000	—	$66,554,400	—	8.70%
LEN	Lennar Corp /New/ Consumer Cyclical	First	805,000	—	$63,651,913	—	8.32%
TOL	Toll Brothers, Inc. Consumer Cyclical	First	930,000	—	$45,253,800	—	5.92%
LGIH	LGI Homes, Inc. Consumer Cyclical	First	335,000	—	$38,916,950	—	5.09%
MTH	Meritage Homes CORP Consumer Cyclical	First	620,000	—	$34,220,900	—	4.48%
TMHC	Taylor Morrison Home Corp Consumer Cyclical	First	1,210,000	—	$29,753,900	—	3.89%
SID	National Steel Co Basic Materials	First	9,400,000	—	$27,636,000	—	3.61%
DKS	Dick's Sporting Goods, Inc. Consumer Cyclical	First	475,000	—	$27,493,000	—	3.60%
PHM	Pultegroup Inc/Mi/ Consumer Cyclical	First	535,000	—	$24,765,150	—	3.24%
TPH	Tri Pointe Homes, Inc. Consumer Cyclical	First	1,310,000	—	$23,763,400	—	3.11%
FDX	Fedex Corp Industrials	First	113,000	—	$22,902,308	—	2.99%
PLD	Prologis, Inc. Real Estate	First	220,000	—	$22,136,400	—	2.89%
BBY	Best Buy Co Inc Consumer Cyclical	First	190,000	—	$21,145,100	—	2.77%
ABG	Asbury Automotive Group Inc Consumer Cyclical	First	215,500	—	$21,000,475	—	2.75%
EGP	Eastgroup Properties Inc Real Estate	First	160,000	—	$20,692,800	—	2.71%
TPR	Tapestry, Inc. Consumer Cyclical	First	1,315,000	—	$20,553,450	—	2.69%
FR	First Industrial Realty Trust Inc Real Estate	First	500,000	—	$19,900,000	—	2.60%
GPI	Group 1 Automotive Inc Consumer Cyclical	First	210,000	—	$18,561,900	—	2.43%
BLD	QXO Insulation, LLC Industrials	First	105,000	—	$17,922,450	—	2.34%
PFSI	PennyMac Financial Services, Inc. Financial Services	First	305,000	—	$17,726,600	—	2.32%
THO	Thor Industries Inc Consumer Cyclical	First	180,000	—	$17,146,800	—	2.24%
AN	Autonation, Inc. Consumer Cyclical	First	320,000	—	$16,937,600	—	2.21%
TECK	Teck Resources Ltd Basic Materials	First	1,100,000	—	$15,312,000	—	2.00%
MHO	M/I Homes, Inc. Consumer Cyclical	First	330,000	—	$15,196,500	—	1.99%
SIG	Signet Jewelers Ltd Consumer Cyclical	First	810,000	—	$15,147,000	—	1.98%
CCS	Century Communities, Inc. Real Estate	First	340,000	—	$14,392,200	—	1.88%
FCX	Freeport-Mcmoran Inc Basic Materials	First	800,000	—	$12,512,000	—	1.64%
STAG	STAG Industrial, Inc. Real Estate	First	340,000	—	$10,366,600	—	1.36%
AMH	American Homes 4 Rent Real Estate	First	350,000	—	$9,968,000	—	1.30%
GFI	Gold Fields Ltd Basic Materials	First	800,000	—	$9,832,000	—	1.29%
IIPR	Innovative Industrial Properties Inc Real Estate	First	70,000	—	$8,687,700	—	1.14%
UPBD	Upbound Group, Inc. Technology	First	280,000	—	$8,369,200	—	1.09%
VMC	Vulcan Materials CO Basic Materials	First	60,000	—	$8,132,400	—	1.06%
PAG	Penske Automotive Group, Inc. Consumer Cyclical	First	150,000	—	$7,149,000	—	0.93%
INVH	Invitation Homes Inc. Real Estate	First	140,000	—	$3,918,600	—	0.51%
DECK	Deckers Outdoor Corp Consumer Cyclical	First	70,000	—	$2,566,781	—	0.34%
MLM	Martin Marietta Materials Inc Basic Materials	First	10,000	—	$2,353,600	—	0.31%
PRAA	Pra Group Inc Financial Services	First	40,000	—	$1,598,000	—	0.21%
SGI	Somnigroup International Inc. Consumer Cyclical	First	25,000	—	$557,437	—	0.07%