Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Chipotle Mexican Grill Inc (CMG)

1K + Investors. Track Smart Money conviction in CMG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -78
Streak
3Q ▼
Buyers last Q
41%

Smart Money Signals — CMG

Based on 1251 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their CMG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 79% of 3.0Y peak

79% of all-time peak
1,251 funds currently hold this stock — 79% of the 3.0-year high of 1,592 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 18% fewer funds vs a year ago

fund count last 6Q
272 fewer hedge funds hold CMG compared to a year ago (-18% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 41% buying

553 buying801 selling
Last quarter: 801 funds reduced or exited vs 553 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-119 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 171 → 148 → 255 → 136. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 20% medium ■ 17% new
798 out of 1,251 hedge funds have held CMG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

165 → 171 → 148 → 255 → 136 new funds/Q
New funds entering each quarter: 171 → 148 → 255 → 136. A growing number of institutions are discovering CMG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 67% veterans vs 19% newcomers

■ 67% veterans ■ 13% 1-2yr ■ 19% new
Entry-cohort mix of 1,325 holders: 892 (67%) are 2+ year veterans, 175 entered 1–2 years ago, and 258 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
66 of 1245 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in CMG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CMG

In 2026 Q1, 553 hedge funds were net buyers of CMG (136 opened a new position, 417 added to an existing one), while 801 reduced or exited (587 trimmed, 214 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 52% of total institutional value in CMG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -78 funds (more exits than new entries). Total institutional holders: 1251.

Hedge Fund Ownership: CMG

How many hedge funds hold CMG — quarterly history vs. share price
Quarterly hedge fund ownership of CMG vs. share price

Market Analysis: CMG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CMG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Chipotle Mexican Grill Inc (CMG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CMG has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 81d ago
CMG
+1.9%
XLY
+7.5%

CMG outperformed XLY by -5.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
CMG
-0.1%
XLY
+0.5%

Since the filing became public, CMG outperformed XLY by -0.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

77 top-rated funds 7 high-conviction
Consensus
8.2
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: CMG
1K + Investors

Track Smart Money conviction in CMG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1237 1329 -6.92%
13F Shares 1.15B 1.24B -7.22%
Total Value $34.74B $43.88B -20.82%
New Positions 132 255 -123
Increased Positions 396 410 -14
Closed Positions 224 264 -40
Reduced Positions 560 544 +16
Total Calls 40 45 -11.11%
Total Puts 40 42 -4.76%
PUT/CALL Ratio 1.0 0.93 Neutral

Statistics: CMG

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Diluted EPS (ttm) --
Total Cash (mrq) --
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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CMG. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CMG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Teca Partners, LP 10.70% 484,632 $15.5M
2 Bluefin Capital Management, LLC 7.28% 795,065 $29.4M
3 Two Creeks Capital Management, LP 4.56% 1,388,269 $44.4M
4 Darwins River Capital, LP 4.35% 253,807 $8.1M
5 Warther Private Wealth, LLC 3.96% 528,237 $16.9M
6 Longitude (Cayman) Ltd. 3.93% 300,000 $9.6M
7 Sullivan Wood Capital Management LLC 3.35% 59,725 $1.9M
8 AlpenGlobal Capital LLC 3.29% 161,360 $5.2M
9 Ilex Capital Partners (UK) LLP 3.15% 3,995,566 $127.9M
10 Steadfast Capital Management LP 2.59% 2,367,613 $75.8M
11 Scholtz & Company, LLC 2.50% 152,747 $4.9M
12 Vantage Investment Partners, LLC 2.41% 1,090,413 $34.9M
13 Tremblant Capital Group 2.39% 2,320,310 $74.3M
14 Lansing Street Advisors 2.39% 295,955 $9.5M
15 Sustainable Growth Advisers, LP 2.36% 7,818,154 $250.3M
16 Montrusco Bolton Investments INC. 2.24% 4,758,522 $148.2M
17 Kazazian Asset Management, LLC 2.15% 61,481 $2.0M
18 Delta Global Management LP 2.06% 787,194 $25.2M
19 Ontario Teachers Pension Plan Board 1.98% 2,137,948 $68.4M
20 Anomaly Capital Management, LP 1.96% 1,008,942 $32.3M
21 DLK Investment Management, LLC 1.76% 138,711 $4.4M
22 Magellan Asset Management Ltd 1.61% 3,865,109 $123.7M
23 Leibman Financial Services, Inc. 1.54% 65,334 $2.1M
24 Bristol John W & Co Inc /Ny/ 1.40% 2,660,885 $85.2M
25 Eurizon SLJ Capital Ltd 1.40% 94,510 $2.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Chipotle Mexican Grill Inc (CMG)

What does the Smart Money Trend signal show for CMG?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their CMG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CMG?

More sellers than buyers — 41% buying: Last quarter: 801 funds reduced or exited vs 553 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CMG holders?

Elite ownership — 52% AUM from top-100 funds: 66 of 1245 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in CMG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CMG?

64% of holders stayed for 2+ years: 798 out of 1,251 hedge funds have held CMG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Chipotle Mexican Grill Inc (CMG) following the 2026 Q1 hedge fund 13F filings?

As of today, CMG has moved -0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.5% for the XLY sector ETF — an outperformance of -0.6%. Since the quarter end (March 31, 2026), CMG has gained +1.9% vs +7.5% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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