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 2018-Q4. They have held the position across 29 quarters.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2025-Q4 Latest	Exited	0	-100.0%	$0	0.0%	$37.04	0
2025-Q3	Unchanged	21.5M	0.0%	$844.2M	5.8%	$39.90	0
2025-Q2	Unchanged	21.5M	0.0%	$1.2B	8.8%	$55.05	0
2025-Q1	Decreased	21.5M	-12.6%	$1.1B	9.1%	$49.91	0
2024-Q4	Decreased	24.7M	-14.4%	$1.5B	11.7%	$60.09	0
2024-Q3	Unchanged	28.8M	0.0%	$1.7B	12.9%	$57.34	0
2024-Q2	Increased	28.8M	+3773.1%	$1.8B	17.3%	$62.65	100
2024-Q1	Decreased	743,984	-9.8%	$2.2B	20.1%	$58.14	0
2023-Q4	Decreased	824,998	-13.5%	$1.9B	18.1%	$45.74	0
2023-Q3	Unchanged	953,608	0.0%	$1.7B	16.6%	$36.64	0
2023-Q2	Decreased	953,608	-7.3%	$2B	18.9%	$42.21	0
2023-Q1	Decreased	1M	-6.9%	$1.8B	17.2%	$33.44	0
2022-Q4	Unchanged	1.1M	0.0%	$1.5B	17.5%	$27.75	0
2022-Q3	Unchanged	1.1M	0.0%	$1.7B	21.1%	$30.87	0
2022-Q2	Decreased	1.1M	-0.8%	$1.4B	19.4%	$25.76	0
2022-Q1	Unchanged	1.1M	0.0%	$1.8B	17.0%	$31.48	0
2021-Q4	Unchanged	1.1M	0.0%	$1.9B	18.1%	$34.94	0
2021-Q3	Increased	1.1M	+2.6%	$2B	21.4%	$36.93	67
2021-Q2	Unchanged	1.1M	0.0%	$1.7B	15.7%	$30.69	0
2021-Q1	Decreased	1.1M	-6.5%	$1.5B	14.8%	$28.13	0
2020-Q4	Unchanged	1.2M	0.0%	$1.6B	16.1%	$27.48	0
2020-Q3	Unchanged	1.2M	0.0%	$1.4B	16.4%	$25.23	0
2020-Q2	Unchanged	1.2M	0.0%	$1.2B	15.8%	$20.92	0
2020-Q1	Decreased	1.2M	-32.7%	$759.9M	11.6%	$12.80	0
2019-Q4	Unchanged	1.7M	0.0%	$1.4B	22.0%	$16.72	0
2019-Q3	Decreased	1.7M	-3.3%	$1.4B	22.3%	$16.38	0
2019-Q2	Decreased	1.8M	-4.3%	$1.3B	19.5%	$14.66	0
2019-Q1	Decreased	1.9M	-4.0%	$1.3B	19.7%	$14.21	0
2018-Q4	New	1.9M	-	$838M	14.1%	$8.48	100

CMG29 quarters

CMG
29 quarters