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
↓ -3
Streak
4Q ▼
Buyers last Q
46%

Smart Money Signals — CMG

Based on 1242 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 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 — 83% of 3.0Y peak

83% of all-time peak
1,242 funds currently hold this stock — 83% of the 3.0-year high of 1,499 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 17% fewer funds vs a year ago

fund count last 6Q
257 fewer hedge funds hold CMG compared to a year ago (-17% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 46% buying

651 buying764 selling
Last quarter: 764 funds reduced or exited vs 651 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.
📈

More new buyers each quarter (+104 vs last Q)

new funds entering per quarter
Funds opening a new CMG position: 147 → 156 → 138 → 242. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 19% medium ■ 18% new
782 out of 1,242 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

197 → 147 → 156 → 138 → 242 new funds/Q
New funds entering each quarter: 147 → 156 → 138 → 242. A growing number of institutions are discovering CMG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 13% 1-2yr ■ 22% new
Of 1,320 current holders: 860 (65%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 59% AUM from top-100 funds

59% from top-100 AUM funds
44 of 1242 holders are among the 100 largest funds by AUM, controlling 59% 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.

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

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

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

147 top-rated funds 8 high-conviction
Consensus
9.4
/ 10
breadth
×
Elite
3.3
/ 10
conviction
Hedge Fund Positioning: CMG
2026 Q1 Stats Unlock in 16 days 1K + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1320 1329 -0.68%
13F Shares 1.23B 1.21B 1.57%
Total Value $43.40B $45.60B -4.83%
New Positions 246 145 +101
Increased Positions 537 558 -21
Closed Positions 255 320 -65
Reduced Positions 609 672 -63
Total Calls 45 50 -10.0%
Total Puts 42 42 -
PUT/CALL Ratio 0.93 0.84 Neutral

Statistics: CMG

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
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

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

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.

Top 25 institutional holders of CMG — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 BLUEFIN CAPITAL MANAGEMENT, LLC 7.28% 795,065 $29.4M
2 AlpenGlobal Capital LLC 3.29% 161,360 $5.2M
3 Vantage Investment Partners, LLC 2.41% 1,090,413 $34.9M
4 Lansing Street Advisors 2.39% 295,955 $9.5M
5 MONTRUSCO BOLTON INVESTMENTS INC. 2.24% 4,758,522 $148.2M
6 DLK Investment Management, LLC 1.76% 138,711 $4.4M
7 Leibman Financial Services, Inc. 1.54% 65,334 $2.1M
8 Savoir Faire Capital Management, L.P. 1.40% 72,309 $2.3M
9 GAGNON SECURITIES LLC 1.17% 157,849 $5.1M
10 Connective Portfolio Management, LLC 1.12% 12,875 $412K
11 GDS Wealth Management 0.95% 492,977 $15.8M
12 Pine Haven Investment Counsel, Inc 0.86% 36,572 $1.2M
13 Marex Group plc 0.85% 504,379 $31.6M
14 JACOBS & CO/CA 0.80% 251,649 $8K
15 KLEIN PAVLIS & PEASLEY FINANCIAL, INC. 0.78% 44,130 $1.4M
16 BLUEFIN CAPITAL MANAGEMENT, LLC 0.74% 1,378,600 $3.0M
17 GP Brinson Investments LLC 0.73% 50,000 $1.6M
18 Scott & Selber, Inc. 0.72% 86,926 $2.8M
19 Buttonwood Financial Advisors Inc. 0.71% 66,624 $2.1M
20 Clean Yield Group 0.70% 77,537 $2.5M
21 COMMUNITY TRUST & INVESTMENT CO 0.69% 394,929 $12.6M
22 Elk River Wealth Management LLC 0.67% 63,771 $4.0M
23 GABLES CAPITAL MANAGEMENT INC. 0.60% 43,900 $1.4M
24 Mainstream Capital Management LLC 0.59% 27,485 $880K
25 Nautilus Advisors LLC 0.59% 26,845 $859K
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 — 4 quarters in a row: For 4 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 — 46% buying: Last quarter: 764 funds reduced or exited vs 651 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 — 59% AUM from top-100 funds: 44 of 1242 holders are among the 100 largest funds by AUM, controlling 59% 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?

63% of holders stayed for 2+ years: 782 out of 1,242 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.

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.