Bill Ackman's CMG Position Overview
Bill Ackman (via Pershing Square Capital Management, L.P.) currently holds 21.5M shares of Chipotle Mexican Grill, Inc. (CMG) worth $844.2 M, representing 5.77% of the portfolio. First purchased in 2016-Q3, this long-term strategic position has been held for 37 quarters.
Based on 13F filings, Bill Ackman has maintained a strategic position in CMG, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2016, adding 116.4M shares. Largest reduction occurred in Q3 2018, reducing 41.2M shares.
Analysis based on 13F filings available since 2013 Q2
Bill Ackman's Chipotle Mexican Grill (CMG) Holding Value Over Time
Track share changes against reported price movement
Quarterly Chipotle Mexican Grill (CMG) Trades by Bill Ackman
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2016 | +27.71 M | New Buy | 27.71 M | $8.47 |
| Q4 2016 | +116.41 M | Add 420.10% | 144.12 M | $7.55 |
| Q3 2018 | -41.17 M | Reduce 28.56% | 102.96 M | $9.09 |
| Q4 2018 | -5.92 M | Reduce 5.75% | 97.04 M | $8.64 |
| Q1 2019 | -3.9 M | Reduce 4.02% | 93.14 M | $14.21 |
| Q2 2019 | -4 M | Reduce 4.29% | 89.14 M | $14.66 |
| Q3 2019 | -2.92 M | Reduce 3.28% | 86.22 M | $16.81 |
| Q1 2020 | -28.15 M | Reduce 32.66% | 58.06 M | $13.09 |
| Q1 2021 | -3.75 M | Reduce 6.47% | 54.31 M | $28.42 |
| Q3 2021 | +1.43 M | Add 2.63% | 55.74 M | $36.35 |
| Q2 2022 | -475,850 | Reduce 0.85% | 55.26 M | $26.15 |
| Q1 2023 | -3.8 M | Reduce 6.88% | 51.46 M | $34.17 |
| Q2 2023 | -3.78 M | Reduce 7.34% | 47.68 M | $42.78 |
| Q4 2023 | -6.43 M | Reduce 13.49% | 41.25 M | $45.74 |
| Q1 2024 | -4.05 M | Reduce 9.82% | 37.2 M | $58.14 |
| Q2 2024 | -8.38 M | Reduce 22.54% | 28.82 M | $62.65 |
| Q4 2024 | -4.16 M | Reduce 14.44% | 24.65 M | $60.30 |
| Q1 2025 | -3.11 M | Reduce 12.62% | 21.54 M | $50.21 |
Bill Ackman's Chipotle Mexican Grill Investment FAQs
Bill Ackman first purchased Chipotle Mexican Grill, Inc. (CMG) in Q3 2016, acquiring 27,710,650 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Bill Ackman has held Chipotle Mexican Grill, Inc. (CMG) for 37 quarters since Q3 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Bill Ackman's largest addition to Chipotle Mexican Grill, Inc. (CMG) was in Q4 2016, adding 144,123,150 shares worth $1.09 B. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Bill Ackman's firm, Pershing Square Capital Management, L.P., owns 21,541,177 shares of Chipotle Mexican Grill, Inc. (CMG), valued at approximately $844.2 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Chipotle Mexican Grill, Inc. (CMG) represents approximately 5.77% of Bill Ackman's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Bill Ackman's peak holding in Chipotle Mexican Grill, Inc. (CMG) was 144,123,150 shares, as reported at the end of Q4 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.