Capital Management Associates Buys iShares Nasdaq Biotechnology Index Fund, Honeywell International Inc, SELECT SECTOR SPDR, Sells Raytheon Co, Flowers Foods Inc, The Walt Disney Co

• New Purchases: IBB, HON, XLV, DG, SHOP, RTX, HD, DAL, AKAM, COF, SMH, C, EADSY,
• Added Positions: SPLK, FB, NOW, EW, EA, WYNN, ATVI, TTWO, SBUX, MAR, ADBE, BKNG, CG, JBLU, PPC,
• Reduced Positions: DIS, MRK, T, PFE, AXP, BA, MPW, VZ, MA, LHX, AAPL, CMCSA, GE, BDX, JPM, UNP, BAX,
• Sold Out: RTN, FLO, PG, LOW, CTAS, GTN, FNF, EHC, AMN, MGRC, TPIC, WPC, BMY, WDFC,

For the details of CAPITAL MANAGEMENT ASSOCIATES 's stock buys and sells, go to https://www.gurufocus.com/guru/capital+management+associates+/current-portfolio/portfolio

1. Amazon.com Inc (AMZN) - 1,466 shares, 5.70% of the total portfolio.
2. Microsoft Corp (MSFT) - 19,640 shares, 5.63% of the total portfolio. Shares added by 0.58%
3. Alibaba Group Holding Ltd (BABA) - 11,851 shares, 3.60% of the total portfolio. Shares reduced by 0.21%
4. Blackstone Group Inc (BX) - 39,472 shares, 3.15% of the total portfolio. Shares reduced by 0.44%
5. Apple Inc (AAPL) - 5,996 shares, 3.08% of the total portfolio. Shares reduced by 2.04%

Capital Management Associates initiated holding in iShares Nasdaq Biotechnology Index Fund. The purchase prices were between $103.79 and $138.65, with an estimated average price of $127.06. The stock is now traded at around $137.28. The impact to a portfolio due to this purchase was 1.85%. The holding were 9,600 shares as of .

Capital Management Associates initiated holding in Honeywell International Inc. The purchase prices were between $122.97 and $162.92, with an estimated average price of $140.33. The stock is now traded at around $150.82. The impact to a portfolio due to this purchase was 1.53%. The holding were 7,500 shares as of .

Capital Management Associates initiated holding in SELECT SECTOR SPDR. The purchase prices were between $85.21 and $103.92, with an estimated average price of $98.5. The stock is now traded at around $106.64. The impact to a portfolio due to this purchase was 1.49%. The holding were 10,540 shares as of .

Capital Management Associates initiated holding in Dollar General Corp. The purchase prices were between $151.01 and $192.14, with an estimated average price of $180.29. The stock is now traded at around $195.28. The impact to a portfolio due to this purchase was 1.48%. The holding were 5,500 shares as of .

Capital Management Associates initiated holding in Shopify Inc. The purchase prices were between $346.3 and $949.2, with an estimated average price of $687.7. The stock is now traded at around $1094.65. The impact to a portfolio due to this purchase was 1.4%. The holding were 1,050 shares as of .

Capital Management Associates initiated holding in Raytheon Technologies Corp. The purchase prices were between $49.93 and $74.16, with an estimated average price of $62.35. The stock is now traded at around $60.03. The impact to a portfolio due to this purchase was 1.1%. The holding were 12,721 shares as of .

Capital Management Associates added to a holding in Splunk Inc by 196.30%. The purchase prices were between $102.14 and $198.7, with an estimated average price of $157.55. The stock is now traded at around $217.30. The impact to a portfolio due to this purchase was 1.48%. The holding were 8,000 shares as of .

Capital Management Associates added to a holding in Facebook Inc by 109.76%. The purchase prices were between $154.18 and $242.24, with an estimated average price of $208.03. The stock is now traded at around $249.12. The impact to a portfolio due to this purchase was 1.43%. The holding were 8,533 shares as of .

Capital Management Associates added to a holding in ServiceNow Inc by 108.00%. The purchase prices were between $249.57 and $405.06, with an estimated average price of $351.45. The stock is now traded at around $435.74. The impact to a portfolio due to this purchase was 0.77%. The holding were 2,600 shares as of .

Capital Management Associates added to a holding in Edwards Lifesciences Corp by 200.00%. The purchase prices were between $57.54 and $76.95, with an estimated average price of $70.98. The stock is now traded at around $78.12. The impact to a portfolio due to this purchase was 0.74%. The holding were 11,400 shares as of .

Capital Management Associates added to a holding in Electronic Arts Inc by 106.06%. The purchase prices were between $97.53 and $132.05, with an estimated average price of $117.72. The stock is now traded at around $146.18. The impact to a portfolio due to this purchase was 0.65%. The holding were 6,800 shares as of .

Capital Management Associates added to a holding in Wynn Resorts Ltd by 86.56%. The purchase prices were between $48.5 and $108.8, with an estimated average price of $79.68. The stock is now traded at around $71.28. The impact to a portfolio due to this purchase was 0.33%. The holding were 6,800 shares as of .

Capital Management Associates sold out a holding in Raytheon Co. The sale prices were between $116.96 and $131.15, with an estimated average price of $123.51.

Capital Management Associates sold out a holding in Flowers Foods Inc. The sale prices were between $20.52 and $23.59, with an estimated average price of $22.5.

Capital Management Associates sold out a holding in Procter & Gamble Co. The sale prices were between $109.33 and $124.69, with an estimated average price of $116.42.

Capital Management Associates sold out a holding in Lowe's Companies Inc. The sale prices were between $80.42 and $135.65, with an estimated average price of $113.61.

Capital Management Associates sold out a holding in Cintas Corp. The sale prices were between $162.69 and $291.51, with an estimated average price of $230.08.

Capital Management Associates sold out a holding in Gray Television Inc. The sale prices were between $9.49 and $17.29, with an estimated average price of $12.78.