Capital Growth Management LP Buys D.R. Horton Inc, Lennar Corp, Philip Morris International Inc, Sells Petroleo Brasileiro SA Petrobras, Thor Industries Inc, Bank Bradesco SA

• New Purchases: DHI, LEN, PM, PFSI, PHM, KBH, VRTX, IIPR, SYK, PSA, TPH, LGIH, EXR, CUBE, ADBE, NOC, EQIX, NVR, KR, INVH, LHX, WMT, MRK, LMT, SITC, WY, BXP, PFE, LLY,
• Added Positions: ABBV, MTH, TMHC, NTES, HZNP, MDC,
• Reduced Positions: CCI, AMT, ARE, BABA, MSFT,
• Sold Out: PBR, THO, BBD, SWKS, BSBR, SIG, MU, VMC, QRVO, JLL, RH, ITUB, PLD, NRZ, MLM, VALE, NOK, CBRE, SLG, VICI, LAD, TGT, WDC, JPM, TECK, RCL, BAC, PWR, ESS, FCX, OMF, WGO, AVB, EQR, C,

For the details of Ken Heebner's stock buys and sells, go to https://www.gurufocus.com/guru/ken+heebner/current-portfolio/portfolio

1. D.R. Horton Inc (DHI) - 1,135,000 shares, 5.42% of the total portfolio. New Position
2. M.D.C. Holdings Inc (MDC) - 1,610,000 shares, 5.24% of the total portfolio. Shares added by 1.13%
3. Lennar Corp (LEN) - 930,000 shares, 4.99% of the total portfolio. New Position
4. Meritage Homes Corp (MTH) - 915,000 shares, 4.69% of the total portfolio. Shares added by 177.27%
5. Philip Morris International Inc (PM) - 420,000 shares, 4.30% of the total portfolio. New Position

Capital Growth Management LP initiated holding in D.R. Horton Inc. The purchase prices were between $28.78 and $62.05, with an estimated average price of $52.18. The stock is now traded at around $47.37. The impact to a portfolio due to this purchase was 5.42%. The holding were 1,135,000 shares as of .

Capital Growth Management LP initiated holding in Lennar Corp. The purchase prices were between $29.35 and $71.22, with an estimated average price of $58.69. The stock is now traded at around $50.96. The impact to a portfolio due to this purchase was 4.99%. The holding were 930,000 shares as of .

Capital Growth Management LP initiated holding in Philip Morris International Inc. The purchase prices were between $59.98 and $89.64, with an estimated average price of $82.53. The stock is now traded at around $68.12. The impact to a portfolio due to this purchase was 4.3%. The holding were 420,000 shares as of .

Capital Growth Management LP initiated holding in PennyMac Financial Services Inc. The purchase prices were between $16.9 and $38.97, with an estimated average price of $32.29. The stock is now traded at around $28.99. The impact to a portfolio due to this purchase was 3.35%. The holding were 1,080,000 shares as of .

Capital Growth Management LP initiated holding in PulteGroup Inc. The purchase prices were between $17.74 and $46.98, with an estimated average price of $38.8. The stock is now traded at around $27.86. The impact to a portfolio due to this purchase was 3.13%. The holding were 1,000,000 shares as of .

Capital Growth Management LP initiated holding in KB Home. The purchase prices were between $11.06 and $40.04, with an estimated average price of $32.26. The stock is now traded at around $24.99. The impact to a portfolio due to this purchase was 2.92%. The holding were 1,150,000 shares as of .

Capital Growth Management LP added to a holding in AbbVie Inc by 512.31%. The purchase prices were between $64.5 and $97.79, with an estimated average price of $85.41. The stock is now traded at around $90.31. The impact to a portfolio due to this purchase was 3.56%. The holding were 398,000 shares as of .

Capital Growth Management LP added to a holding in Meritage Homes Corp by 177.27%. The purchase prices were between $27.29 and $73.36, with an estimated average price of $60.94. The stock is now traded at around $57.74. The impact to a portfolio due to this purchase was 3%. The holding were 915,000 shares as of .

Capital Growth Management LP added to a holding in Taylor Morrison Home Corp by 912.90%. The purchase prices were between $7.05 and $28.3, with an estimated average price of $21.65. The stock is now traded at around $14.93. The impact to a portfolio due to this purchase was 2.18%. The holding were 1,570,000 shares as of .

Capital Growth Management LP added to a holding in NetEase Inc by 149.06%. The purchase prices were between $270.43 and $356.78, with an estimated average price of $329.24. The stock is now traded at around $371.13. The impact to a portfolio due to this purchase was 1.78%. The holding were 66,000 shares as of .

Capital Growth Management LP sold out a holding in Petroleo Brasileiro SA Petrobras. The sale prices were between $4.31 and $16.27, with an estimated average price of $12.09.

Capital Growth Management LP sold out a holding in Thor Industries Inc. The sale prices were between $34.61 and $88.09, with an estimated average price of $69.96.

Capital Growth Management LP sold out a holding in Bank Bradesco SA. The sale prices were between $3.09 and $8.41, with an estimated average price of $6.29.

Capital Growth Management LP sold out a holding in Skyworks Solutions Inc. The sale prices were between $67.9 and $128.19, with an estimated average price of $107.43.

Capital Growth Management LP sold out a holding in Banco Santander (Brasil) SA. The sale prices were between $4.67 and $12.64, with an estimated average price of $8.89.

Capital Growth Management LP sold out a holding in Signet Jewelers Ltd. The sale prices were between $5.84 and $30.13, with an estimated average price of $20.72.

Capital Growth Management LP reduced to a holding in Crown Castle International Corp by 85.45%. The sale prices were between $116.98 and $168.06, with an estimated average price of $149.21. The stock is now traded at around $149.56. The impact to a portfolio due to this sale was -2.7%. Capital Growth Management LP still held 40,000 shares as of .

Capital Growth Management LP reduced to a holding in American Tower Corp by 57.14%. The sale prices were between $179.09 and $256.9, with an estimated average price of $233.06. The stock is now traded at around $227.72. The impact to a portfolio due to this sale was -1.86%. Capital Growth Management LP still held 75,000 shares as of .

Capital Growth Management LP reduced to a holding in Alexandria Real Estate Equities Inc by 41.03%. The sale prices were between $114.92 and $174.93, with an estimated average price of $157.03. The stock is now traded at around $138.82. The impact to a portfolio due to this sale was -1.05%. Capital Growth Management LP still held 115,000 shares as of .