Question 1

How many shares of CMG does Pershing Square Capital Management, L.P. own?

Accepted Answer

Pershing Square Capital Management, L.P. previously held 0 shares of CMG (CHIPOTLE MEXICAN GRILL INC) before exiting the position in 2025-Q4.

Question 2

What is Pershing Square Capital Management, L.P.'s CMG position worth?

Accepted Answer

Pershing Square Capital Management, L.P.'s CMG position was last reported at $0 in 2025-Q4 before the exit.

Question 3

Is Pershing Square Capital Management, L.P. buying or selling CMG?

Accepted Answer

In 2025-Q4, Pershing Square Capital Management, L.P. exited their CMG position entirely (-100.0% change in shares).

Question 4

When did Pershing Square Capital Management, L.P. first buy CMG?

Accepted Answer

Based on available 13F filings, Pershing Square Capital Management, L.P. first reported a position in CMG in 2024-Q3. They have held the position across 29 quarters.

Quarter	Action	Shares	Change	Value	Weight	Price
2025-Q4 Latest	Exited	0	-100.0%	$0	0.0%	$37.04
2025-Q3	Unchanged	21.5M	0.0%	$844.2M	5.8%	$39.90
2025-Q2	Unchanged	21.5M	0.0%	$1.2B	8.8%	$55.05
2025-Q1	Decreased	21.5M	-12.6%	$1.1B	9.1%	$49.91
2024-Q4	Decreased	24.7M	-14.4%	$1.5B	11.7%	$60.09
2024-Q3	Unchanged	28.8M	0.0%	$1.7B	12.9%	$57.34