|Ken Heebner, well-known for his once high-flying CGM Focus Fund (CGMFX), was opening positions in some big-name commodity-oriented stocks during Q1, and making additional moves in other eclectic names as well.|
During the quarter, Heebner was making moves in a number of sectors, with a particular focus on commodity-oriented names. Heebner opened new positions in coal producer Alpha Natural Resources (ANR), diversified miner BHP Billiton (BHP), and iron ore producer Cliffs Natural Resources (CLF).
Elsewhere in the commodity segment, Heebner was trimming his stake in miner Freeport-McMoRan (FCX) and holding steady in another mining name, Teck Resources (TCK).
Heebner also opened fresh stakes in airline Delta Air Lines (DAL) and discount retailer TJX Companies (TJX) and added to stakes in consumer electronics giant Apple (AAPL) and heavy equipment maker Cummins (CMI).
Elsewhere, Heebner was trimming stakes in Ford Motor (F), Goldman Sachs Group (GS), and storage and data management firm Western Digital (WDC).