Chipotle Mexican Grill, Inc.
CH ˙ SWX ˙ US1696561059
SecurityCH:CMG / Chipotle Mexican Grill, Inc.
InstitutionBrown Advisory Inc
Latest Disclosed Ownership183,675 shares
Latest Disclosed Value $ 5,879,447
Brown Advisory Inc reports 24.59% decrease in ownership of CMG / Chipotle Mexican Grill, Inc.

On May 15, 2026 - Brown Advisory Inc filed a 13F-HR form disclosing ownership of 183,675 shares of Chipotle Mexican Grill, Inc. (CH:CMG) valued at $5,879,447 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 243,554 shares of Chipotle Mexican Grill, Inc.. This represents a change in shares of -24.59% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 183,675 -59,879 -24.59 5,879 -34.76 0.0043
2026-02-13 2025-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 243,554 -10,195,652 -97.67 9,012 -97.80 0.0126
2025-11-14 2025-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 10,439,206 1,542,518 17.34 409,113 -18.10 0.5326
2025-08-13 2025-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 8,896,688 -265,073 -2.89 499,551 8.60 0.6576
2025-04-30 2025-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 9,161,761 500,676 5.78 460,012 -11.92 0.6574
2025-02-14 2024-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 8,661,085 -363,274 -4.03 522,263 0.44 0.6624
2024-11-13 2024-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 9,024,359 -1,436,959 -13.74 519,984 -20.66 0.6529
2024-08-14 2024-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 10,461,318 10,236,428 4,551.75 655,402 0.26 0.8568
2024-04-24 2024-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 224,890 -17,052 -7.05 653,703 18.14 0.8739
2024-02-08 2023-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 241,942 10,905 4.72 553,311 30.74 0.7778
2023-10-25 2023-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 231,037 15,862 7.37 423,221 -8.05 0.6947
2023-07-31 2023-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 215,175 -16,673 -7.19 460,259 16.21 0.7189
2023-05-08 2023-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 231,848 6,763 3.00 396,064 26.82 0.6705
2023-02-13 2022-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 225,085 -2,930 -1.29 312,305 -8.86 0.5801
2022-11-14 2022-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 228,015 26,906 13.38 342,652 30.33 0.6665
2022-11-14 2022-06-30 13F/A-2 CHIPOTLE MEXICAN GRILL COM 169656105 201,109 34,268 20.54 262,902 -0.40 0.4944
2022-09-13 2022-06-30 13F/A-1 CHIPOTLE MEXICAN GRILL COM 169656105 201,906 51,360 263,944 0.4564
2022-08-02 2022-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 216,937 51,867 283,951 0.4562
2022-11-14 2022-03-31 13F/A-2 CHIPOTLE MEXICAN GRILL COM 169656105 166,841 155,750 1,404.29 263,948 1,261.26 0.3934
2022-09-13 2022-03-31 13F/A-1 CHIPOTLE MEXICAN GRILL COM 169656105 150,546 139,455 238,168 0.3344
2022-05-09 2022-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 165,070 153,979 261,281 0.3551
2022-01-27 2021-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 11,091 149 1.36 19,390 -2.50 0.0240
2021-11-12 2021-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 10,942 -381 -3.36 19,888 13.30 0.0294
2021-07-29 2021-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 11,323 367 3.35 17,554 12.76 0.0265
2021-05-14 2021-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 10,956 10,357 1,729.05 15,567 1,775.54 0.0266
2021-02-12 2020-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 599 -199 -24.94 830 -16.33 0.0015
2020-11-16 2020-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 798 5 0.63 992 18.94 0.0020
2020-08-14 2020-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 793 86 12.16 834 80.13 0.0019
2020-05-15 2020-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 707 108 18.03 463 -7.77 0.0014
2020-02-14 2019-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 599 -126 -17.38 502 -17.57 0.0013
2019-11-14 2019-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 725 -566 -43.84 609 -35.56 0.0017
2019-08-12 2019-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 1,291 -1,142 -46.94 945 -45.34 0.0027
2019-05-15 2019-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 2,433 -2,928 -54.62 1,729 -25.28 0.0049
2019-02-13 2018-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 5,361 -1,148 -17.64 2,314 -21.77 0.0078
2018-11-13 2018-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 6,509 -136,201 -95.44 2,958 -95.20 0.0084
2018-08-10 2018-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 142,710 -40,027 -21.90 61,561 4.26 0.1894
2018-06-28 2018-03-31 13F/A-1 CHIPOTLE MEXICAN GRILL COM 169656105 182,737 -10,010 -5.19 59,044 5.98 0.1908
2018-05-14 2018-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 150,270 -42,477 48,554
2018-02-12 2017-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 192,747 -24,080 -11.11 55,710 -16.53 0.1764
2017-11-13 2017-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 216,827 3,069 1.44 66,745 -24.96 0.2213
2017-08-14 2017-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 213,758 -6,001 -2.73 88,945 -9.15 0.2719
2017-05-15 2017-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 219,759 -6,345 -2.81 97,907 14.76 0.3339
2017-02-13 2016-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 226,104 220,604 4,010.98 85,315 3,563.16 0.3046
2016-11-14 2016-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 5,500 -1,003 -15.42 2,329 -11.11 0.0080
2016-08-09 2016-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 6,503 1,049 19.23 2,620 1.99 0.0092
2016-05-13 2016-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 5,454 -16,989 -75.70 2,569 -76.14 0.0089
2016-02-08 2015-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 22,443 -7,810 -25.82 10,769 -50.58 0.0365
2015-11-13 2015-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 30,253 2,053 7.28 21,790 27.71 0.0778
2015-08-11 2015-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 28,200 -903 -3.10 17,062 -9.88 0.0556
2015-05-14 2015-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 29,103 1,641 5.98 18,932 0.71 0.0603
2015-02-13 2014-12-31 13F/A-1 CHIPOTLE MEXICAN GRILL COM 169656105 27,462 -3,589 -11.56 18,798 -9.18 0.0593
2015-02-09 2014-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 28,267 19,217
2014-11-10 2014-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 31,051 -4,264 -12.07 20,698 -1.08 0.0665
2014-08-08 2014-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 35,315 5,488 18.40 20,924 23.50 0.0658
2014-05-13 2014-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 29,827 148 0.50 16,943 7.15 0.0540
2014-02-11 2013-12-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 29,679 852 2.96 15,812 27.92 0.0513
2013-11-08 2013-09-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 28,827 12,270 74.11 12,361 104.89 0.0441
2013-08-13 2013-06-30 13F CHIPOTLE MEXICAN GRILL COM 169656105 16,557 16,557 6,033 0.0242
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.