SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934

                                (Amendment No.1)

                              Home Properties Inc.
-------------------------------------------------------------------------------
                                (Name of Issuer)

                                  COMMON STOCK
-------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   437306103
                                 (CUSIP Number)


*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 (Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).


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1.  Name of Reporting Person
    S.S. or I.R.S. Identification No. of Above Person

    Capital Growth Management Limited Partnership
    I.R.S. No. 04-3046053

2.  Check the Appropriate Box if a Member of a Group*

            (a) [ ]
            (b) [ ]

3.  SEC USE ONLY

4.  Citizenship or Place of Organization: Massachusetts

5.  Sole Voting Power
                   1,600,000

6.  Shared Voting Power
                   None

7.  Sole Dispositive Power
                   None

8.  Shared Dispositive Power
                   1,600,000

9.  Aggregate Amount Beneficially Owned by Each Reporting Person
                   1,600,000

10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
                   N/A

11. Percent of Class Represented by Amount in Row 9
                   4.96%

12. Type or Reporting Person
                   IA

Capital Growth Management Limited Partnership ("CGM") disclaims any beneficial
interest in the shares reported in this Schedule 13G. Moreover, CGM is of the
view that the client accounts it manages are not acting as a "group" for
purposes of Section 13(d) under the Securities Exchange Act of 1934 (the "1934
Act") and it and such clients are not otherwise required to attribute to each
other the "beneficial ownership" of securities "beneficially owned" under Rule
13d-3 promulgated under the 1934 Act. Therefore, CGM is of the view the shares
held in such accounts should not be aggregated for purposes of Section 13(d).
However, CGM is making this filing on a voluntary basis as if all of the shares
are beneficially owned by CGM on a joint basis.

                             CONTINUED ON NEXT PAGE
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


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ITEM 1.    (a) Name of Issuer:  Home Properties Inc.

           (b) Address of Issuer's Principal Executive Offices
               850 Clinton Sq., Rochester, NY 14604

ITEM 2.    (a) Name of Person Filing
               Capital Growth Management Limited Partnership

           (b) Address of Principal Business Office or, if none, Residence
               One International Place, Boston, MA 02110

           (c) Citizenship:  Massachusetts

           (d) Title of Class of Securities: Common Stock

           (e) CUSIP Number: 437306103

ITEM 3.    If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
           check whether the person filing is a:

           (a) [ ] Broker or Dealer registered under Section 15 of the Act
           (b) [ ] Bank as defined in section 3 (a) (6) of the Act
           (c) [ ] Insurance Company as defined in section 3(a) (19) of the Act
           (d) [ ] Investment Company registered under section 8 of the
                   Investment Company Act of 1940
           (e) [X] Investment Adviser registered under section 203 of Investment
                   Advisors Act of 1940
           (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the
                   provisions of the Employee Retirement Income Security Act of
                   1974 or Endowment Fund; see Sec. 240.13d-1(b) (1) (ii) (F)
           (g) [ ] Parent Holding Company, in accordance with Sec. 240.13d-1
                   (b) (ii) (G) (Note: See Item 7)
           (h) [ ] Group, in accordance with Sec. 240.13d-1 (b) (1) (ii) (H)


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Item 4.    Ownership

If the percent of class owned, as of December 31of the year covered by the
statement, or as of the last day of any month described in Rule 13d-1 (b) (2),
if applicable, exceeds five percent, provide the following information as of
that date and identify those shares which there is a right to acquire.

           (a) Amount Beneficially Owned
                       1,600,000

           (b) Percent of Class
                       4.96%

           (c) Number of shares as to which such person has:

               (i) sole power to vote or to direct the vote
                       1,600,000

               (ii) shared power to vote or to direct the voted
                       None

               (iii) sole power to dispose or to direct the disposition of
                       None

               (iv) shared power to dispose or to direct the disposition of
                       1,600,000

Item 5.    Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [ X ].

Item 6.    Ownership of more than Five Percent on Behalf of Another Person.

If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the
beneficiaries of employee benefit plan, pension fund or endowment fund is not
required.

           Not Applicable.

Item 7.    Identification and Classification of the Subsidiary which Acquired
           the Security Being Reported on by the Parent Holding Company.

If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)
(ii) (G), so indicated under Item 3 (g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1 (c ), attach an
exhibit stating the identification of the relevant subsidiary.

           Not Applicable.


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Item 8.    Identification and Classification of Members of the Group

If a group has filed this schedule pursuant to Rule 13d-1(b) (ii) (H), so
indicate under item 3 (h) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to Rule 13d-1 (c ) attach an exhibit stating the identity of each
member of the group.

           Not Applicable.

Item 9.    Notice of Dissolution of Group

Notice of dissolution of a group may be furnished as an exhibit stating the
date of dissolution and that all further filings with respect to transactions
in the security reported on will be filed, if required, by members of the
group, in their individual capacity. See Item 5.

           Not Applicable.

Item 10.   Certification

The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(b):

By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.

                                   SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct

                                                 Signature

DATE:  February 10, 2009

                                                 Robert L. Kemp, President
                                                 Name and Title
                                                 Kenbob, Inc., General Partner


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