Cliff Asness's CMG Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 2.58 M shares of Chipotle Mexican Grill, Inc. (CMG) worth $100.98 M, representing 0.06% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in CMG, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2018, adding 11.36 M shares. Largest reduction occurred in Q1 2019, reducing 18.6 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Chipotle Mexican Grill (CMG) Holding Value Over Time
Track share changes against reported price movement
Quarterly Chipotle Mexican Grill (CMG) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +84,950 | Add 0.00% | 84,900 | $5.95 |
| Q2 2013 | +143,400 | Add 0.00% | 143,350 | $7.29 |
| Q3 2013 | +152,050 | Add 106.07% | 295,400 | $8.57 |
| Q4 2013 | +709,650 | Add 240.23% | 1.01 M | $10.66 |
| Q1 2014 | +730,000 | Add 72.63% | 1.74 M | $11.36 |
| Q2 2014 | +1.52 M | Add 87.61% | 3.26 M | $11.85 |
| Q3 2014 | -489,000 | Reduce 15.02% | 2.77 M | $13.33 |
| Q4 2014 | -1.12 M | Reduce 40.32% | 1.65 M | $13.69 |
| Q1 2015 | +470,350 | Add 28.49% | 2.12 M | $13.01 |
| Q2 2015 | -461,000 | Reduce 21.73% | 1.66 M | $12.10 |
| Q3 2015 | -9,250 | Reduce 0.56% | 1.65 M | $14.41 |
| Q4 2015 | +483,050 | Add 29.26% | 2.13 M | $9.60 |
| Q1 2016 | -882,150 | Reduce 41.34% | 1.25 M | $9.42 |
| Q2 2016 | +89,650 | Add 7.16% | 1.34 M | $8.06 |
| Q3 2016 | -39,800 | Reduce 2.97% | 1.3 M | $8.47 |
| Q4 2016 | -466,900 | Reduce 35.87% | 834,650 | $7.55 |
| Q1 2017 | +49,950 | Add 5.98% | 884,600 | $8.91 |
| Q2 2017 | +105,700 | Add 11.95% | 990,300 | $8.32 |
| Q3 2017 | -295,100 | Reduce 29.80% | 695,200 | $6.16 |
| Q4 2017 | -101,100 | Reduce 14.54% | 594,100 | $5.78 |
| Q1 2018 | -305,850 | Reduce 51.48% | 288,250 | $6.46 |
| Q2 2018 | +137,200 | Add 47.60% | 425,450 | $8.63 |
| Q3 2018 | +10.48 M | Add 2464.37% | 10.91 M | $9.09 |
| Q4 2018 | +11.36 M | Add 104.13% | 22.27 M | $8.64 |
| Q1 2019 | -18.6 M | Reduce 83.54% | 3.67 M | $14.05 |
| Q2 2019 | -1.94 M | Reduce 52.94% | 1.73 M | $14.54 |
| Q3 2019 | +105,050 | Add 6.09% | 1.83 M | $16.81 |
| Q4 2019 | +564,650 | Add 30.84% | 2.4 M | $16.74 |
| Q1 2020 | -123,550 | Reduce 5.16% | 2.27 M | $13.09 |
| Q2 2020 | -1.9 M | Reduce 83.51% | 374,600 | $20.96 |
| Q3 2020 | +35,700 | Add 9.53% | 410,300 | $24.87 |
| Q4 2020 | -74,450 | Reduce 18.15% | 335,850 | $27.68 |
| Q1 2021 | +424,400 | Add 126.37% | 760,250 | $28.42 |
| Q2 2021 | -433,950 | Reduce 57.08% | 326,300 | $30.77 |
| Q3 2021 | -196,600 | Reduce 60.25% | 129,700 | $36.35 |
| Q4 2021 | +77,100 | Add 59.44% | 206,800 | $34.94 |
| Q1 2022 | +216,250 | Add 104.57% | 423,050 | $31.64 |
| Q2 2022 | -289,150 | Reduce 68.35% | 133,900 | $25.66 |
| Q3 2022 | -10,900 | Reduce 8.14% | 123,000 | $30.06 |
| Q4 2022 | -7,700 | Reduce 6.26% | 115,300 | $27.68 |
| Q1 2023 | +422,850 | Add 366.74% | 538,150 | $33.75 |
| Q2 2023 | +775,550 | Add 144.11% | 1.31 M | $42.44 |
| Q3 2023 | -671,750 | Reduce 51.13% | 641,950 | $36.64 |
| Q4 2023 | -22,350 | Reduce 3.48% | 619,600 | $45.65 |
| Q1 2024 | +990,900 | Add 159.93% | 1.61 M | $58.14 |
| Q2 2024 | +673,292 | Add 41.81% | 2.28 M | $62.65 |
| Q3 2024 | -1.36 M | Reduce 59.69% | 920,486 | $57.56 |
| Q4 2024 | +588,901 | Add 63.98% | 1.51 M | $60.30 |
| Q1 2025 | +24,269 | Add 1.61% | 1.53 M | $49.16 |
| Q2 2025 | +1.03 M | Add 66.94% | 2.56 M | $55.73 |
| Q3 2025 | +16,340 | Add 0.64% | 2.58 M | $39.19 |
Cliff Asness's Chipotle Mexican Grill Investment FAQs
Cliff Asness first purchased Chipotle Mexican Grill, Inc. (CMG) in Q4 2012, acquiring 84,900 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Chipotle Mexican Grill, Inc. (CMG) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Chipotle Mexican Grill, Inc. (CMG) was in Q4 2018, adding 22,271,100 shares worth $192.33 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 2,576,612 shares of Chipotle Mexican Grill, Inc. (CMG), valued at approximately $100.98 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 0.06% of Cliff Asness'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.
Cliff Asness's peak holding in Chipotle Mexican Grill, Inc. (CMG) was 22,271,100 shares, as reported at the end of Q4 2018. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.