Chipotle Mexican Grill, Inc.
MX ˙ BMV ˙ US1696561059
SecurityMX:CMG / Chipotle Mexican Grill, Inc.
InstitutionBaird Financial Group, Inc.
Latest Disclosed Ownership171,327 shares
Latest Disclosed Value $ 5,484,178
Baird Financial Group, Inc. reports 0.44% increase in ownership of CMG / Chipotle Mexican Grill, Inc.

On May 14, 2026 - Baird Financial Group, Inc. filed a 13F-HR form disclosing ownership of 171,327 shares of Chipotle Mexican Grill, Inc. (MX:CMG) valued at $5,484,178 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 170,582 shares of Chipotle Mexican Grill, Inc.. This represents a change in shares of 0.44% 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)
2026-05-14 2026-03-31 13F CHIPOTLE MEXICAN GRILL COM 169656105 171,327 745 0.44 5,484 -13.10 0.0046
2026-02-13 2025-12-31 13F CHIPOTLE MEXICAN GRILL INC COM COMMON 169656105 170,582 -169,283 -49.81 6,312 -52.62 0.0098
2025-11-13 2025-09-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 339,865 -633,546 -65.09 13,319 -75.63 0.0214
2025-08-13 2025-06-30 13F CHIPOTLE MEXICAN GRILL INC COM COMMON 169656105 973,411 -2,125 -0.22 54,657 11.59 0.0958
2025-05-15 2025-03-31 13F CHIPOTLE MEXICAN GRILL INC COM COMMON 169656105 975,536 -33,936 -3.36 48,982 -19.53 0.0943
2025-02-14 2024-12-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 1,009,472 11,899 1.19 60,871 5.90 0.1164
2024-11-14 2024-09-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 997,573 -101,190 -9.21 57,480 -16.50 0.1116
2024-08-14 2024-06-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 1,098,763 1,078,369 5,287.68 68,838 16.12 0.1428
2024-05-14 2024-03-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 20,394 541 2.73 59,283 30.57 0.1243
2024-02-14 2023-12-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 19,853 11,202 129.49 45,403 186.51 0.1035
2023-11-13 2023-09-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 8,651 1,130 15.02 15,847 -1.49 0.0432
2023-08-11 2023-06-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 7,521 -52,296 -87.43 16,087 -84.26 0.0425
2023-05-15 2023-03-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 59,817 7,074 13.41 102,185 139,878.08 0.2521
2023-02-13 2022-12-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 52,743 -711 -1.33 73 -99.91 0.1927
2022-11-15 2022-09-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 53,454 12,034 29.05 80,329 48.36 0.2367
2022-08-08 2022-06-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 41,420 610 1.49 54,146 -16.13 0.1503
2022-05-13 2022-03-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 40,810 -10,272 -20.11 64,563 -27.70 0.1595
2022-02-09 2021-12-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 51,082 -2,395 -4.48 89,304 -8.12 0.2088
2021-11-12 2021-09-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 53,477 -288 -0.54 97,196 16.61 0.2486
2021-08-11 2021-06-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 53,765 -13,451 -20.01 83,354 -12.72 0.2166
2021-05-13 2021-03-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 67,216 -4,788 -6.65 95,502 -4.35 0.2678
2021-02-11 2020-12-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 72,004 -531 -0.73 99,849 10.68 0.2985
2020-11-12 2020-09-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 72,535 -15,258 -17.38 90,213 -2.36 0.3091
2020-10-22 2020-06-30 13F/A-1 CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 87,793 -3,557 -3.89 92,390 54.55 0.3480
2020-08-14 2020-06-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 810 -90,540 678 1,343.6420
2020-05-14 2020-03-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 91,350 90,431 9,840.15 59,779 7,673.60 0.2730
2020-02-14 2019-12-31 13F CHIPOTLE MEXICAN GRILL A COMMON 169656105 919 -45 -4.67 769 -5.18 0.0028
2019-11-14 2019-09-30 13F CHIPOTLE MEXICAN GRILL Common 169656105 964 35 3.77 811 19.09 0.0032
2019-08-14 2019-06-30 13F CHIPOTLE MEXICAN GRILL COMMON 169656105 929 457 96.82 681 103.28 0.0026
2019-05-14 2019-03-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 472 -6,548 -93.28 335 -88.95 0.0020
2019-02-14 2018-12-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 7,020 -1,030 -12.80 3,031 -15.76 0.0206
2018-11-13 2018-09-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 8,050 -1,869 -18.84 3,598 -15.91 0.0225
2018-08-13 2018-06-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 9,919 -5,594 -36.06 4,279 -14.62 0.0290
2018-05-14 2018-03-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 15,513 -26,167 -62.78 5,012 -58.40 0.0353
2018-02-09 2017-12-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 41,680 -2,086 -4.77 12,047 -10.58 0.0853
2017-11-14 2017-09-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 43,766 -17,978 -29.12 13,472 -47.56 0.1016
2017-08-14 2017-06-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 61,744 5,883 10.53 25,692 3.23 0.2013
2017-06-19 2017-03-31 13F/A-1 CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 55,861 1,422 2.61 24,887 21.16 0.2013
2017-05-09 2017-03-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 55,861 24,887
2017-02-10 2016-12-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 54,439 -3,033 -5.28 20,541 -15.60 0.1784
2016-11-10 2016-09-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 57,472 49,835 652.55 24,339 690.48 0.2180
2016-08-11 2016-06-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 7,637 6,401 517.88 3,079 429.04 0.0282
2016-05-12 2016-03-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 1,236 -243 -16.43 582 -18.03 0.0056
2016-02-11 2015-12-31 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 1,479 -5,618 -79.16 710 -86.11 0.0071
2015-11-12 2015-09-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 7,097 -130 -1.80 5,112 16.93 0.0544
2015-08-14 2015-06-30 13F CHIPOTLE MEXICAN GRILL INC CL COMMON 169656105 7,227 7,227 4,372 0.0430
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.