MIG Capital’s Chipotle Mexican Grill CMG Stock Holding History

MIG Capital’s Portfolio CMG Stock Details CMG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-4,731,300	Closed	-$40.9M	–	34
2018 Q4	$40.9M	Buy	4,731,300 +217,750	+5%	+$1.97M	5.8%	2
2018 Q3	$41M	Sell	4,513,550 -1,261,450	-22%	-$12M	5.47%	7
2018 Q2	$49.8M	Sell	5,775,000 -167,050	-3%	-$1.37M	7.06%	3
2018 Q1	$38.4M	Sell	5,942,050 -657,950	-10%	-$4.14M	5.86%	8
2017 Q4	$38.2M	Hold	6,600,000	–	–	5.13%	10
2017 Q3	$40.6M	Buy	6,600,000 +1,967,700	+42%	+$13.3M	5.84%	9
2017 Q2	$38.5M	Sell	4,632,300 -364,900	-7%	-$3.39M	5.87%	7
2017 Q1	$44.5M	Buy	4,997,200 +42,200	+0.9%	+$348K	6.75%	4
2016 Q4	$37.4M	Buy	4,955,000 +1,755,000	+55%	+$13.8M	6.5%	4
2016 Q3	$27.1M	Buy	3,200,000 +745,000	+30%	+$6.13M	4.95%	10
2016 Q2	$19.8M	Buy	+2,455,000	New	+$21.3M	4.3%	13

Other funds holding CMG

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

PSCM

Pershing Square Capital Management New York $19.5B AUM 2.08% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

Jennison Associates New York $167B AUM 44.17% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

ClearBridge Investments New York $121B AUM 27.52% 1-Year Est. Return

MIG Capital's CMG Position: Q1 2019 in Review

MIG Capital sold out of Chipotle Mexican Grill (CMG) in Q1 2019, closing a stake of 4,731,300 shares — an estimated $40.9M sold.

MIG Capital first reported a position in CMG in Q2 2016 and held it in 11 quarters. The position peaked at $49.8M in Q2 2018. 596 funds tracked by Wall St. Rank hold CMG as of Q1 2019.

MIG Capital reported no remaining Chipotle Mexican Grill position as of Q1 2019 after selling out during the quarter.
MIG Capital sold 4,731,300 Chipotle Mexican Grill shares in Q1 2019, an estimated $40.9M.
MIG Capital first reported a position in Chipotle Mexican Grill in Q2 2016 and held it in 11 quarters.
MIG Capital's Chipotle Mexican Grill position peaked at $49.8M in Q2 2018.
596 funds tracked by Wall St. Rank held Chipotle Mexican Grill as of Q1 2019.

Based on MIG Capital's 13F filing for Q1 2019, filed 15 May 2019.