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Chipotle Mexican Grill

622 hedge funds and large institutions have $22B invested in Chipotle Mexican Grill in 2019 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 238 increasing their positions, 194 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

79.43% more ownership

Funds ownership: 4,650.62%4,730.05% (+79%)

55% more funds holding in top 10

Funds holding in top 10: 1117 (+6)

23% more repeat investments, than reductions

Existing positions increased: 238 | Existing positions reduced: 194

21% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 70

17% more capital invested

Capital invested by funds: $18.9B → $22B (+$3.16B)

2% more funds holding

Funds holding: 608622 (+14)

49% less call options, than puts

Call options by funds: $2.9B | Put options by funds: $5.65B

Holders
622
Holders Change
+14
Holders Change %
+2.3%
% of All Funds
13.64%
Holding in Top 10
17
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+54.55%
% of All Funds
0.37%
New
85
Increased
238
Reduced
194
Closed
70
Calls
$2.9B
Puts
$5.65B
Net Calls
-$2.75B
Net Calls Change
-$308M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.5B +$69.8M +4,374,650 +3%
Renaissance Technologies
2
Renaissance Technologies
New York
$1.61B +$98M +6,147,150 +7%
BlackRock
3
BlackRock
New York
$1.49B +$56.6M +3,551,800 +4%
PSCM
4
Pershing Square Capital Management
New York
$1.45B -$46.6M -2,920,000 -3%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.16B +$65.3M +4,098,000 +6%
State Street
6
State Street
Massachusetts
$925M +$17M +1,066,200 +2%
Capital International Investors
7
Capital International Investors
California
$805M +$12K +750 +0%
Jennison Associates
8
Jennison Associates
New York
$746M -$31.6M -1,983,400 -4%
IFP
9
Independent Franchise Partners
United Kingdom
$478M -$22.2M -1,389,600 -5%
N
10
Nuveen
North Carolina
$406M +$9.67M +606,250 +3%
Baillie Gifford & Co
11
Baillie Gifford & Co
United Kingdom
$404M -$8.45M -529,950 -2%
ClearBridge Investments
12
ClearBridge Investments
New York
$381M -$160M -10,056,250 -31%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$373M +$18.4M +1,151,650 +5%
American Century Companies
14
American Century Companies
Missouri
$366M -$753K -47,200 -0.2%
JP Morgan Chase
15
JP Morgan Chase
New York
$350M +$69.1M +4,332,750 +26%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$345M +$31.2M +1,956,500 +11%
Goldman Sachs
17
Goldman Sachs
New York
$297M +$22.7M +1,424,800 +9%
DZ Bank
18
DZ Bank
Germany
$263M -$13.7M -861,450 -5%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$255M -$9.97M -625,450 -4%
Northern Trust
20
Northern Trust
Illinois
$249M +$4.21M +263,850 +2%
Norges Bank
21
Norges Bank
Norway
$220M +$15.5M +969,550 +8%
Fidelity International
22
Fidelity International
Bermuda
$214M +$43.5M +2,727,350 +27%
Wells Fargo
23
Wells Fargo
California
$213M +$4.63M +290,300 +2%
WRF
24
Waddell & Reed Financial
Kansas
$210M -$7.5M -470,600 -4%
Alkeon Capital Management
25
Alkeon Capital Management
New York
$200M +$29.9M +1,875,000 +19%

CMG Hedge Fund Activity: Q3 2019 in Review

622 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Chipotle Mexican Grill (CMG) for Q3 2019, worth a combined $22B — up 17% from $18.9B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new CMG positions and 70 closed out — a net gain of 15 holders — while 238 added to existing stakes and 194 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $98M. The largest seller was ClearBridge Investments, cutting an estimated $160M.

  • 622 institutional investors held Chipotle Mexican Grill (CMG) as of Q3 2019, up from 608 in Q2 2019.
  • Funds reported $22B of Chipotle Mexican Grill stock for Q3 2019, up 17% quarter-over-quarter.
  • 85 funds opened new Chipotle Mexican Grill positions in Q3 2019 and 70 closed out, a net change of +15 holders.
  • The largest Chipotle Mexican Grill buyer in Q3 2019 was Renaissance Technologies, an estimated $98M added.
  • The largest Chipotle Mexican Grill seller in Q3 2019 was ClearBridge Investments, an estimated $160M sold.

Based on aggregated 13F filings for Q3 2019.