Bill Ackman
Pershing Square Capital Management
Bill Ackman Chipotle Mexican Grill Inc stake
total: 47
Pershing Square Capital Management CMG trades
- Total transactions:
- 19
- New positions:
- 1
- Sold out:
- 1
- Added:
- 2
- Reduced:
- 15
- Held since:
- 2016 Q3
- Held for:
- 37 quarters
- Latest activity:
- 2025 Q4
According to 2026 Q2 report, Bill Ackman doesn't hold any Chipotle Mexican Grill Inc (CMG) shares. To date, the estimated cost basis is nearly $8.01 for "buy" trades and estimated average "sell" price is $25.24. Pershing Square Capital Management first purchased CMG in 2016 Q3, initially acquiring about 27.71M shares. Since the initial investment in Chipotle Mexican Grill Inc (CMG), Pershing Square Capital Management has made 18 more transactions.
When did Bill Ackman sell Chipotle Mexican Grill Inc (CMG)?
Bill Ackman sold off the entire Chipotle Mexican Grill Inc (CMG) position in 2025 Q4.
When did Bill Ackman buy Chipotle Mexican Grill Inc (CMG)?
Bill Ackman first invested in Chipotle Mexican Grill Inc (CMG) in 2016 Q3 at the reported quarter-end price of $8.47 per share.
What's the cost basis of Pershing Square Capital Management's CMG stake?
The estimated cost basis for Chipotle Mexican Grill Inc (CMG) stake is around $8.01 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $8.00
- Weighted AVG sell price:
- $25.24
Bill Ackman's historical trades in Chipotle Mexican Grill Inc
19 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2025 Q4
|
0.00%
|
0
|
$39.19
|
|
-100% (-21,541,177)
|
-5.49%
|
|
2025 Q1
|
9.07%
|
21,541,177
|
$50.21
|
$1,081,582,497
|
-12.62% (-3,112,356)
|
-1.23%
|
|
2024 Q4
|
11.74%
|
24,653,533
|
$60.30
|
$1,486,608,040
|
-14.44% (-4,161,632)
|
-1.94%
|
|
2024 Q2
|
17.34%
|
28,815,165
|
$62.65
|
$1,805,270,087
|
-22.54% (-8,384,035)
|
-4.88%
|
|
2024 Q1
|
20.10%
|
37,199,200
|
$58.14
|
$2,162,590,372
|
-9.82% (-4,050,700)
|
-2.27%
|
|
2023 Q4
|
18.15%
|
41,249,900
|
$45.74
|
$1,886,737,426
|
-13.49% (-6,430,500)
|
-2.8%
|
|
2023 Q2
|
18.86%
|
47,680,400
|
$42.78
|
$2,039,767,512
|
-7.34% (-3,778,900)
|
-1.58%
|
|
2023 Q1
|
17.21%
|
51,459,300
|
$34.17
|
$1,758,148,152
|
-6.88% (-3,801,100)
|
-1.48%
|
|
2022 Q2
|
19.36%
|
55,260,400
|
$26.15
|
$1,444,794,000
|
-0.85% (-475,850)
|
-0.12%
|
|
2021 Q3
|
21.41%
|
55,736,250
|
$36.35
|
$2,026,035,000
|
+2.63% (+1,429,450)
|
+0.55%
|
|
2021 Q1
|
14.75%
|
$28.42
|
-6.47% (-3,754,800)
|
|||
|
2020 Q1
|
11.56%
|
$13.09
|
-32.66% (-28,153,900)
|
|||
|
2019 Q3
|
22.33%
|
$16.81
|
-3.28% (-2,920,000)
|
|||
|
2019 Q2
|
19.48%
|
$14.66
|
-4.29% (-4,000,000)
|
|||
|
2019 Q1
|
19.70%
|
$14.21
|
-4.02% (-3,904,450)
|
|||
|
2018 Q4
|
14.07%
|
$8.64
|
-5.75% (-5,915,350)
|
|||
|
2018 Q3
|
17.97%
|
$9.09
|
-28.56% (-41,167,850)
|
|||
|
2016 Q4
|
18.39%
|
$7.55
|
+420.10% (+116,412,500)
|
|||
|
2016 Q3
|
4.34%
|
$8.47
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.