13F-HR 1 d75515_13fhr.txt FORM 13F-HR FOR SEPTEMBER 30, 2010 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2010 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Capital Growth Management L.P. Address: One International Place Boston, MA 02110 13F File Number: 28-2723 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this report on Behalf of Reporting Manager: Name: Robert L. Kemp Title: President, Kenbob, Inc., General Partner Phone: 617-737-3225 Signature, Place, and Date of Signing: Robert L. Kemp Boston, Massachusetts November 12, 2010 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. /s/ Robert L. Kemp -------------------------- Robert L. Kemp FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 75 Form 13F Information Table Value Total: $5,966,674 List of Other Included Managers: NONE
FORM 13F INFORMATION TABLE ----------------------------------------------------------------------------------------------------------------------------- ITEM 2 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 ITEM 1 TITLE OF ITEM 3 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ----------------------------------------------------------------------------------------------------------------------------- AFLAC INC COMMON 001055102 18771 363000 SH SOLE 280300 0 82700 ALASKA AIR GROUP INC 011659109 16942 332000 SH SOLE 332000 0 0 ALEXANDRIA REAL ESTATE EQ COMMON 015271109 85218 1217400 SH SOLE 1217400 0 0 AMERICAN EXPRESS CO COMMON 025816109 44132 1050000 SH SOLE 1050000 0 0 APPLE INC 037833100 31213 110000 SH SOLE 110000 0 0 AUTOLIV INC COMMON 052800109 8820 135000 SH SOLE 135000 0 0 AUTOZONE INC COMMON 053332102 128190 560000 SH SOLE 560000 0 0 AVALONBAY CMNTYS INC COMMON 053484101 72231 695000 SH SOLE 695000 0 0 BP PLC 055622104 37053 900000 SH SOLE 900000 0 0 BRE PROPERTIES INC COMMON 05564E106 11620 280000 SH SOLE 280000 0 0 BAIDU INC 056752108 164192 1600000 SH SOLE 1600000 0 0 BANCO BRADESCO S A COMMON 059460303 51332 2518768 SH SOLE 2518768 0 0 BORGWARNER INC COMMON 099724106 173646 3300000 SH SOLE 3300000 0 0 CBS CORP NEW COMMON 124857202 67698 4268500 SH SOLE 3969400 0 299100 CB RICHARD ELLIS GROUP IN COMMON 12497T101 88292 4830000 SH SOLE 4830000 0 0 CHIPOTLE MEXICAN GRILL IN COMMON 169656105 18972 110300 SH SOLE 85800 0 24500 CITIGROUP INC COMMON 172967101 187406 47930000 SH SOLE 47930000 0 0 CLIFFS NATURAL RESOURCES 18683K101 20454 320000 SH SOLE 320000 0 0 CTRIP COM INTL LTD 22943F100 105050 2200000 SH SOLE 2200000 0 0 CUMMINS INC 231021106 242791 2680400 SH SOLE 2620900 0 59500 DEERE & CO 244199105 50242 720000 SH SOLE 720000 0 0 DELTA AIR LINES INC DEL 247361702 256451 22031900 SH SOLE 21640900 0 391000 DIAMONDROCK HOSPITALITY C COMMON 252784301 73908 7788006 SH SOLE 7788006 0 0 DISNEY WALT CO COMMON 254687106 62291 1881900 SH SOLE 1741400 0 140500 DOLLAR TREE INC COMMON 256746108 22213 455550 SH SOLE 361850 0 93700 DU PONT E I DE NEMOURS & COMMON 263534109 19954 447200 SH SOLE 345600 0 101600 EQUITY ONE 294752100 3376 200000 SH SOLE 200000 0 0 EQUITY RESIDENTIAL 29476L107 75636 1590000 SH SOLE 1590000 0 0 ESSEX PPTY TR INC COMMON 297178105 71136 650000 SH SOLE 650000 0 0 FEDERAL REALTY INVT TR COMMON 313747206 66553 815000 SH SOLE 815000 0 0 FEDEX CORP 31428X106 128250 1500000 SH SOLE 1500000 0 0 FORD MTR CO DEL 345370860 726199 59330000 SH SOLE 58680700 0 649300 FREEPORT-MCMORAN COPPER & 35671D857 337376 3951000 SH SOLE 3894700 0 56300 HASBRO INC 418056107 20332 456800 SH SOLE 354000 0 102800 HOME PROPERTIES INC COMMON 437306103 76546 1447000 SH SOLE 1447000 0 0 HOST HOTELS & RESORTS INC COMMON 44107P104 88625 6120490 SH SOLE 6120490 0 0 ITAU UNIBANCO HOLDING S. A. COMMON 465562106 53358 2206705 SH SOLE 2206705 0 0 JONES LANG LASALLE INC COMMON 48020Q107 81094 940000 SH SOLE 940000 0 0 JOS A BANK CLOTHIERS INC 480838101 6818 160000 SH SOLE 160000 0 0 LAS VEGAS SANDS CORP 517834107 42517 1220000 SH SOLE 1220000 0 0 LASALLE HOTEL PPTYS COM SH BEN INT 517942108 81163 3470000 SH SOLE 3470000 0 0 MAGNA INTL INC 559222401 220704 2683000 SH SOLE 2683000 0 0 MARRIOTT INTL INC NEW 571903202 69020 1926310 SH SOLE 1802810 0 123500 METLIFE INC COMMON 59156R108 63958 1663400 SH SOLE 1551700 0 111700 NIKE INC 654106103 23641 295000 SH SOLE 295000 0 0 ORACLE CORP COMMON 68389X105 44303 1650000 SH SOLE 1650000 0 0 PEABODY ENERGY CORP 704549104 42149 860000 SH SOLE 860000 0 0 POLARIS INDS INC 731068102 13997 215000 SH SOLE 215000 0 0 PRICELINE COM INC COMMON 741503403 215379 618300 SH SOLE 603600 0 14700 PRUDENTIAL FINL INC COMMON 744320102 63483 1171700 SH SOLE 1093700 0 78000 PUBLIC STORAGE INC COMMON 74460D109 74721 770000 SH SOLE 770000 0 0 REPUBLIC AWYS HLDGS INC COMMON 760276105 6210 750000 SH SOLE 750000 0 0 ROCKY MTN CHOCOLATE FACTO COMMON 774678403 687 72600 SH SOLE 72600 0 0 SL GREEN RLTY CORP 78440X101 91829 1450000 SH SOLE 1450000 0 0 SIMON PPTY GROUP INC NEW COMMON 828806109 100685 1085673 SH SOLE 1085673 0 0 SOUTHERN COPPER CORP 84265V105 25989 740000 SH SOLE 740000 0 0 SOUTHWEST AIRLS CO 844741108 208840 15978600 SH SOLE 15654100 0 324500 STARWOOD HOTELS&RESORTS W 85590A401 91195 1735400 SH SOLE 1655400 0 80000 SUNSTONE HOTEL INVS INC N COMMON 867892101 29296 3230000 SH SOLE 3230000 0 0 TRW AUTOMOTIVE HLDGS CORP COMMON 87264S106 12759 307000 SH SOLE 307000 0 0 TANGER FACTORY OUTLET CTR COMMON 875465106 23570 500000 SH SOLE 500000 0 0 TATA MTRS LTD 876568502 28061 1100000 SH SOLE 1100000 0 0 TAUBMAN CTRS INC COMMON 876664103 12045 270000 SH SOLE 270000 0 0 TECK RESOURCES LTD COMMON 878742204 171637 4170000 SH SOLE 4170000 0 0 THOR INDS INC COMMON 885160101 2338 70000 SH SOLE 70000 0 0 3M CO COMMON 88579Y101 25146 290000 SH SOLE 290000 0 0 UAL CORP 902549807 29102 1230000 SH SOLE 1230000 0 0 U S AIRWAYS GROUP INC COMMON 90341W108 13135 1420000 SH SOLE 1420000 0 0 UNION PAC CORP COMMON 907818108 52352 640000 SH SOLE 640000 0 0 UNITED PARCEL SERVICE INC 911312106 66857 1002500 SH SOLE 938600 0 63900 VORNADO RLTY TR COMMON 929042109 76977 900000 SH SOLE 900000 0 0 WYNDHAM WORLDWIDE CORP 98310W108 74169 2700000 SH SOLE 2700000 0 0 CREDICORP LTD COMMON G2519Y108 8543 75000 SH SOLE 75000 0 0 HERBALIFE LTD COMMON G4412G101 10863 180000 SH SOLE 180000 0 0 WARNER CHILCOTT PLC IRELA COMMON G94368100 54978 2450000 SH SOLE 2450000 0 0 TOTAL VALUE (X$1000): 5966674 TOTAL SHARES PRN/AMT: 246981402 TOTAL SOLE SHARES/PRN AMT: 244184102 TOTAL SHARED SHARES/PRN AMT: 0 TOTAL NONE SHARES/PRN AMT: 2797300