Chipotle Mexican Grill, Inc.
MX ˙ BMV ˙ US1696561059
SecurityMX:CMG / Chipotle Mexican Grill, Inc.
InstitutionVirtue Capital Management, LLC
Latest Disclosed Ownership7,301 shares
Latest Disclosed Value $ 1,796,484
Virtue Capital Management, LLC reports 35.66% decrease in ownership of CMG / Chipotle Mexican Grill, Inc.

On February 12, 2026 - Virtue Capital Management, LLC filed a 13F-HR form disclosing ownership of 7,301 shares of Chipotle Mexican Grill, Inc. (MX:CMG) valued at $1,796,484 USD as of December 31, 2025. The entity filed a previous 13F-HR/A on February 18, 2026 disclosing 11,347 shares of Chipotle Mexican Grill, Inc.. This represents a change in shares of -35.66% 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)
2026-02-12 2025-12-31 13F CIENA COM NEW 169656105 7,301 -4,046 -35.66 1,796 404.49 0.2768
2026-02-18 2025-09-30 13F/A-1 CHIPOTLE MEXICAN GRILL I COM 169656105 11,347 4,065 55.82 357 -12.75 0.0568
2025-10-31 2025-09-30 13F CIENA COM NEW 169656105 11,239 3,957 440 0.0702
2025-08-13 2025-06-30 13F CHIPOTLE MEXICAN GRILL I COM 169656105 7,282 -32 -0.44 409 11.78 0.0752
2025-05-15 2025-03-31 13F CHIPOTLE MEXICAN GRILL I COM 169656105 7,314 1,199 19.61 366 -0.82 0.0428
2025-02-26 2024-12-31 13F CHIPOTLE MEXICAN GRILL I COM 169656105 6,115 1,130 22.67 369 28.22 0.0742
2024-11-18 2024-09-30 13F CHIPOTLE MEXICAN GRILL I COM 169656105 4,985 -508 -9.25 287 -1.03 0.0575
2024-08-13 2024-06-30 13F CHIPOTLE MEXICAN GRL COM 169656105 5,493 5,380 4,761.06 291 -13.69 0.0498
2024-05-15 2024-03-31 13F CHIPOTLE MEXICAN GRL COM 169656105 113 -17 -13.08 337 16.26 0.0605
2024-02-15 2023-12-31 13F CHIPOTLE MEXICAN GRL COM 169656105 130 0 0.00 289 5.09 0.0586
2023-11-14 2023-09-30 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 130 0 0.00 276 0.00 0.0469
2023-07-18 2023-06-30 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 130 -37 -22.16 276 -17.91 0.0470
2023-05-11 2023-03-31 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 167 -380 -69.47 336 -55.80 0.0549
2023-02-10 2022-12-31 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 547 379 225.60 759 200.79 0.1159
2022-11-15 2022-09-30 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 168 -103 -38.01 252 -28.81 0.0396
2022-08-10 2022-06-30 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 271 -292 -51.87 354 -60.27 0.0557
2022-05-16 2022-03-31 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 563 563 891 0.1404
2021-07-15 2021-06-30 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 0 -864 -100.00 0 -100.00
2021-05-13 2021-03-31 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 864 -132 -13.25 1,228 -11.08 0.2890
2021-02-16 2020-12-31 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 996 -1,405 -58.52 1,381 -53.75 0.3387
2020-11-16 2020-09-30 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 2,401 -809 -25.20 2,986 -11.60 0.7351
2020-08-10 2020-06-30 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 3,210 3,210 3,378 0.7791
2020-05-13 2020-03-31 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 0 -1,695 -100.00 0 -100.00
2020-02-14 2019-12-31 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 1,695 -1,964 -53.68 1,419 -53.85 0.4092
2019-11-12 2019-09-30 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 3,659 -252 -6.44 3,075 7.29 1.0143
2019-11-12 2019-06-30 13F CHIPOTLE MEXICAN GRILL COM COM 169656105 3,911 3,911 2,866 1.0418
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.