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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
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 August 9, 1999
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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 102
Form 13F Information Table Value Total: $7,998,516
List of Other Included Managers: NONE
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AFLAC INC COMMON 001055102 238609 4984000 SH SOLE 4984000 0 0
ALCOA INC COMMON 013817101 404669 6540100 SH SOLE 5863800 0 676300
ALEXANDRIA REAL ESTATE E COMMON 015271109 40050 1281600 SH SOLE 777400 0 504200
AMERICAN GENERAL CORP COMMON 026351106 118188 1568000 SH SOLE 1568000 0 0
AMERICAN INTL GROUP INC COMMON 026874107 170485 1454029 SH SOLE 1454029 0 0
AMES DEPARTMENT STORES COM NEW 030789507 7574 166000 SH SOLE 166000 0 0
ANHEUSER BUSCH COS INC COMMON 035229103 324426 4573400 SH SOLE 3990200 0 583200
APARTMENT INVT & MGMT CO CL A 03748R101 264990 6198600 SH SOLE 5678600 0 520000
APPLIED MATLS INC COMMON 038222105 379710 5139900 SH SOLE 4474400 0 665500
ARACRUZ CELULOSE S A DEPOSITORY RECEI 038496204 36300 1650000 SH SOLE 1650000 0 0
ASIA PULP & PAPER LTD DEPOSITORY RECEI 04516V100 96244 9999400 SH SOLE 9999400 0 0
ASIA PULP & PAPER LTD *W EXP 7/27/200 04516V100 9109 946400 SOLE 946400 0 0
ASK JEEVES INC COMMON 045174109 195 3000 SH SOLE 3000 0 0
BANK OF AMERICA CORP COMMON 060505104 301615 4114100 SH SOLE 3715300 0 398800
BEDFORD PPTY INVS INC COM PAR $0.02 076446301 10990 614800 SH SOLE 614800 0 0
BEL FUSE INC CL A 077347201 3651 130400 SH SOLE 130400 0 0
BEST BUY INC COMMON 086516101 464258 6877900 SH SOLE 6077500 0 800400
BOSTON PROPERTIES INC COMMON 101121101 234013 6523000 SH SOLE 6026000 0 497000
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 26192 1322000 SH SOLE 1322000 0 0
BRITISH STL PLC DEPOSITORY RECEI 111015301 15286 586500 SH SOLE 366500 0 220000
CANANDAIGUA BRANDS INC CL A 137219200 1311 25000 SH SOLE 25000 0 0
CHASE MANHATTAN CORP NEW COMMON 16161A108 8399 97100 SH SOLE 0 0 97100
CHELSEA GCA RLTY INC COMMON 163262108 11360 306000 SH SOLE 306000 0 0
CIRCUIT CITY STORE-GRP CIRCT CITY GRP 172737108 296298 3186000 SH SOLE 3186000 0 0
CLAIRE'S STORES INC COMMON 179584107 86211 3348000 SH SOLE 2119300 0 1228700
CLARENT CORP DEL COMMON 180461105 38 2500 SH SOLE 2500 0 0
COMPANHIA SIDERURGICA NA DEPOSITORY RECEI 20440W105 65924 2511375 SH SOLE 2511375 0 0
CROWN AMERN RLTY TR SH BEN INT 228186102 7359 1006400 SH SOLE 1006400 0 0
DOW CHEMICAL COMPANY COMMON 260543103 87290 688000 SH SOLE 688000 0 0
ENTERTAINMENT PPTYS TR COM SH BEN INT 29380T105 6525 370200 SH SOLE 370200 0 0
EQUITY OFFICE PROPERTIES COMMON 294741103 275302 10743500 SH SOLE 10002500 0 741000
EQUITY RESIDENTIAL PPTYS SH BEN INT 29476L107 63809 1416000 SH SOLE 1416000 0 0
FELCOR LODGING TR INC PFD CV A $1.95 31430F200 1320 65000 SH SOLE 65000 0 0
FIRST YRS INC COMMON 337610109 3990 266000 SH SOLE 266000 0 0
FIRSTAR CORP NEW WIS COMMON 33763V109 6166 220200 SH SOLE 0 0 220200
FLUOR CORP COMMON 343861100 2025 50000 SH SOLE 50000 0 0
FOODMAKER INC NEW COM NEW 344839204 35923 1266000 SH SOLE 1266000 0 0
GLENBOROUGH RLTY TR INC COMMON 37803P105 20234 1156200 SH SOLE 1156200 0 0
GOLDEN WEST FINL CORP DE COMMON 381317106 5282 53900 SH SOLE 0 0 53900
GROVE PPTY TR SH BEN INT 399613108 1430 110000 SH SOLE 110000 0 0
GULFSTREAM AEROSPACE COMMON 402734107 6641 98300 SH SOLE 0 0 98300
HEILIG MEYERS CO COMMON 422893107 1226 180000 SH SOLE 180000 0 0
HEWLETT PACKARD CO COMMON 428236103 171 1700 SH SOLE 1700 0 0
HIGHWOODS PPTYS INC COMMON 431284108 11798 430000 SH SOLE 430000 0 0
HOME PPTYS N Y INC COMMON 437306103 49880 1805600 SH SOLE 1805600 0 0
HOT TOPIC INC COMMON 441339108 3510 130000 SH SOLE 130000 0 0
INTERNATIONAL BUS MACH COMMON 459200101 343456 2657300 SH SOLE 2425500 0 231800
INTERTAN INC COMMON 461120107 4500 225000 SH SOLE 225000 0 0
ISPAT INTL N V DEPOSITORY RECEI 464899103 4475 404500 SH SOLE 404500 0 0
JABIL CIRCUIT INC COMMON 466313103 54132 1199600 SH SOLE 541600 0 658000
JEFFERSON PILOT CORP COMMON 475070108 39382 595000 SH SOLE 595000 0 0
K-SWISS INC CL A 482686102 16136 347000 SH SOLE 347000 0 0
KONINKLIJKE PHILIPS ELEC DEPOSITORY RECEI 500472204 429297 4255736 SH SOLE 3762616 0 493120
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 19370 1265000 SH SOLE 1265000 0 0
LEXFORD RESIDENTIAL TR SH BEN INT 528933104 8595 360000 SH SOLE 360000 0 0
LEXMARK INTL GROUP INC CL A 529771107 133646 2040400 SH SOLE 1516500 0 523900
LIBERTY PPTY LTD PARTNER SDEB 8.000 7/0 53117CAA0 2091 1700000 PRN SOLE 1700000 0 0
MANDALAY RESORT GROUP MANDALAY 562567107 42051 1984700 SH SOLE 1189700 0 795000
MARTIN MARIETTA MATLS IN COMMON 573284106 76789 1301500 SH SOLE 565500 0 736000
MERISTAR HOSPITALITY COR COMMON 58984Y103 35371 1576425 SH SOLE 1576425 0 0
MIRAGE RESORTS INC COMMON 60462E104 149603 8931500 SH SOLE 8931500 0 0
MISSION WEST PPTYS INC COMMON 605203108 2063 250000 SH SOLE 250000 0 0
MONACO COACH CORP COMMON 60886R103 8082 191000 SH SOLE 191000 0 0
NATIONAL R V HLDGS INC COMMON 637277104 3274 135000 SH SOLE 135000 0 0
NIKE INC CL B CL B 654106103 75974 1198800 SH SOLE 537700 0 661100
NOKIA CORP DEPOSITORY RECEI 654902204 118161 1290500 SH SOLE 1269500 0 21000
OSHKOSH TRUCK CORP COMMON 688239201 1761 35000 SH SOLE 35000 0 0
OUTBACK STEAKHOUSE INC COMMON 689899102 7861 199950 SH SOLE 0 0 199950
PACIFIC GULF PPTYS INC COMMON 694396102 19105 844400 SH SOLE 844400 0 0
PACIFIC GULF PPTYS INC SDCV 8.375 2/1 694396AA0 2239 1850000 PRN SOLE 1850000 0 0
PARKWAY PPTYS INC COMMON 70159Q104 10295 310800 SH SOLE 310800 0 0
PAYLESS SHOESOURCE INC COMMON 704379106 13113 245100 SH SOLE 178100 0 67000
PHILIPS INTL RLTY CORP COMMON 718333107 12909 765000 SH SOLE 765000 0 0
POHANG IRON & STL LTD DEPOSITORY RECEI 730450103 106928 3180000 SH SOLE 3180000 0 0
POLARIS INDUSTRIES INC COMMON 731068102 2567 59000 SH SOLE 29000 0 30000
POLAROID CORP COMMON 731095105 32038 1165000 SH SOLE 1165000 0 0
PRENTISS PPTYS TR SH BEN INT 740706106 21948 929000 SH SOLE 929000 0 0
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