Board of the Pension Protection Fund’s Chipotle Mexican Grill CMG Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-3,000	Closed	-$151K	–	122
2025 Q1	$151K	Sell	3,000 -16,600	-85%	-$833K	0.17%	131
2024 Q4	$1.18M	Buy	+19,600	New	+$1.18M	1.36%	4