Ken Heebner's CGM Focus Fund gained some 80% in 2007. He was named Invesetment Guru of Year 2007 by our readers. He looks for opportunities wherever he can find them and then pursues them aggressively, quickly diving in and out of stocks of all sorts. He sold short financial stocks due this year’s mortgage crisis, which helped him gain while others lost. This is his buys and sells during the fourth quarter.
Ken Heebner buys Hess Corp., MEMC Electronic Materials Inc., Transocean Inc., Banco Bradesco S.A., AMB Property Corp., Simon Property Group Inc., Taubman Centers Inc., Ventas Inc., The Macerich Company, Federal Realty Investment Trust, Tanger Factory Outlet Centers, Turkcell Iletisim Hizmetleri A.S., MasterCard Inc., McDonald's Corp., Johnson & Johnson, Express Scripts Inc., Alexandria Real Estate Equities Inc., The Kroger Co., Safeway Inc., Entertainment Properties Trust, Bucyrus International Inc., NVR Inc, Bank of America Corp., Air Products and Chemicals Inc., Mechel OAO, Western Digital Corp., Foundation Coal Holdings Inc., Middleby Corp., Pantry Inc., DrilQuip Inc., Medco Health Solutions Inc., PATRIOT COAL CORP, Newmont Mining Corp., Barrick Gold Corp., Berry Petroleum Company, Massey Energy Company, Alpha Natural Resources Inc., Oracle Corp., Occidental Petroleum Corp., sells BHP Billiton Ltd., Toyota Motor Corp., Cisco Systems Inc., Nokia Corp., Citigroup Inc., ConocoPhillips, CNOOC Ltd., POSCO, Canadian Natural Resources Ltd., Las Vegas Sands Corp., Southern Copper Corp., Baker Hughes Inc., Peabody Energy Corp., Precision Castparts Corp., Ford Motor Company, Vornado Realty Trust, CONSOL Energy Inc., Fluor Corp., Boston Properties Inc., McDermott International Inc., Arch Coal Inc., The Manitowoc Company Inc., Lan Airlines S.A., Guess ? Inc., DryShips Inc., Core Laboratories N.V. Common SharesNLG, CommScope Inc., Anixter International Inc., Oil States International Inc., The Men's Wearhouse Inc., ATP Oil & Gas Corp., Navios Maritime Holdings Inc., Triumph Group Inc., IHOP Corp., Anglo American plc during the 3-months ended 12/31/2007, according to the most recent filings of his investment company, CAPITAL GROWTH MANAGEMENT LP. Ken Heebner owns 90 stocks with a total value of $10 billion. These are the details of the buys and sells.
New Purchases: ABX, AMB, ANR, APD, ARE, BAC, BBD, BRY, BUCY, DRQ, EPR, ESRX, FCL, FRT, HES, JNJ, KR, MA, MAC, MCD, MEE, MHS, MIDD, MTL, NEM, NVR, ORCL, OXY, PCX, PTRY, RIG, SKT, SPG, SWY, TCO, TKC, VTR, WDC, WFR,
Added Positions: BG, BID, DE, FCX, FTI, FWLT, ITU, MON, MT, NLY, NUE, PBR, PLD, PRU, SID, SLB, WFC, X,
Reduced Positions: AAPL, AG, ATW, CMI, DEI, DVN, HANS, HXM, MBT, NOV, RIMM, RIO, RTP, SII, STLD, SU, TXT, WFT,
Sold Out: AAUK, ACI, ATPG, AXE, BHI, BHP, BTU, BXP, C, CEO, CLB, CNQ, CNX, COP, CSCO, CTV, DRYS, F, FLR, GES, IHP, LFL, LVS, MDR, MTW, MW, NM, NOK, OIS, PCP, PCU, PKX, TGI, TM, VNO,
Ken Heebner buys Hess Corp., MEMC Electronic Materials Inc., Transocean Inc., Banco Bradesco S.A., AMB Property Corp., Simon Property Group Inc., Taubman Centers Inc., Ventas Inc., The Macerich Company, Federal Realty Investment Trust, Tanger Factory Outlet Centers, Turkcell Iletisim Hizmetleri A.S., MasterCard Inc., McDonald's Corp., Johnson & Johnson, Express Scripts Inc., Alexandria Real Estate Equities Inc., The Kroger Co., Safeway Inc., Entertainment Properties Trust, Bucyrus International Inc., NVR Inc, Bank of America Corp., Air Products and Chemicals Inc., Mechel OAO, Western Digital Corp., Foundation Coal Holdings Inc., Middleby Corp., Pantry Inc., DrilQuip Inc., Medco Health Solutions Inc., PATRIOT COAL CORP, Newmont Mining Corp., Barrick Gold Corp., Berry Petroleum Company, Massey Energy Company, Alpha Natural Resources Inc., Oracle Corp., Occidental Petroleum Corp., sells BHP Billiton Ltd., Toyota Motor Corp., Cisco Systems Inc., Nokia Corp., Citigroup Inc., ConocoPhillips, CNOOC Ltd., POSCO, Canadian Natural Resources Ltd., Las Vegas Sands Corp., Southern Copper Corp., Baker Hughes Inc., Peabody Energy Corp., Precision Castparts Corp., Ford Motor Company, Vornado Realty Trust, CONSOL Energy Inc., Fluor Corp., Boston Properties Inc., McDermott International Inc., Arch Coal Inc., The Manitowoc Company Inc., Lan Airlines S.A., Guess ? Inc., DryShips Inc., Core Laboratories N.V. Common SharesNLG, CommScope Inc., Anixter International Inc., Oil States International Inc., The Men's Wearhouse Inc., ATP Oil & Gas Corp., Navios Maritime Holdings Inc., Triumph Group Inc., IHOP Corp., Anglo American plc during the 3-months ended 12/31/2007, according to the most recent filings of his investment company, CAPITAL GROWTH MANAGEMENT LP. Ken Heebner owns 90 stocks with a total value of $10 billion. These are the details of the buys and sells.
New Purchases: ABX, AMB, ANR, APD, ARE, BAC, BBD, BRY, BUCY, DRQ, EPR, ESRX, FCL, FRT, HES, JNJ, KR, MA, MAC, MCD, MEE, MHS, MIDD, MTL, NEM, NVR, ORCL, OXY, PCX, PTRY, RIG, SKT, SPG, SWY, TCO, TKC, VTR, WDC, WFR,
Added Positions: BG, BID, DE, FCX, FTI, FWLT, ITU, MON, MT, NLY, NUE, PBR, PLD, PRU, SID, SLB, WFC, X,
Reduced Positions: AAPL, AG, ATW, CMI, DEI, DVN, HANS, HXM, MBT, NOV, RIMM, RIO, RTP, SII, STLD, SU, TXT, WFT,
Sold Out: AAUK, ACI, ATPG, AXE, BHI, BHP, BTU, BXP, C, CEO, CLB, CNQ, CNX, COP, CSCO, CTV, DRYS, F, FLR, GES, IHP, LFL, LVS, MDR, MTW, MW, NM, NOK, OIS, PCP, PCU, PKX, TGI, TM, VNO,
