Two Creeks Capital Management, LP: CHIPOTLE MEXICAN GRILL INC (CMG): Quarterly 13F Position History
As of Q2 2026, Two Creeks Capital Management, LP reported 70,668 shares of CHIPOTLE MEXICAN GRILL INC (CMG), worth $2.4M and representing 1.7% of its 13F equity book. Quarter-over-quarter share count change: 1,317,601 (-94.9%) . The position first appeared in Q1 2023 and has been disclosed across 14 13F-HR filings in Pactolio's tracked window.
- 70,668Shares Held (Latest Filing)
- $2.4MReported Market Value (Latest Filing)
- 1.7%Portfolio Weight (% of 13F Equity Book)
- 1,317,601Quarter-over-Quarter Share Change
- -$42.0MQuarter-over-Quarter Value Change
- 2,428,983Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 14 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 70,668 | 1,317,601 | -94.9% | $2.4M | 1.7% | $34.0 |
| Q1 2026 | 1,388,269 | 376,878 | -21.4% | $44.4M | 4.7% | $32.0 |
| Q4 2025 | 1,765,147 | 663,836 | -27.3% | $65.3M | 5.4% | $37.0 |
| Q3 2025 | 2,428,983 | +1,028,611 | +73.5% | $95.2M | 6.8% | $39.2 |
| Q2 2025 | 1,400,372 | 494,578 | -26.1% | $78.6M | 5.2% | $56.1 |
| Q1 2025 | 1,894,950 | +184,700 | +10.8% | $95.1M | 6.1% | $50.2 |
| Q4 2024 | 1,710,250 | +14,661 | +0.9% | $103.1M | 6.3% | $60.3 |
| Q3 2024 | 1,695,589 | +716,839 | +73.2% | $97.7M | 6.4% | $57.6 |
| Q2 2024 | 978,750 | +952,811 | +3673.3% | $61.3M | 3.8% | $62.6 |
| Q1 2024 | 25,939 | 12,725 | -32.9% | $75.4M | 4.3% | $2906.8 |
| Q4 2023 | 38,664 | 6,172 | -13.8% | $88.4M | 5.5% | $2287.0 |
| Q3 2023 | 44,836 | +7,787 | +21.0% | $82.1M | 5.3% | $1831.8 |
| Q2 2023 | 37,049 | +900 | +2.5% | $79.2M | 4.8% | $2139.0 |
| Q1 2023 | 36,149 | – | – | $61.8M | 4.1% | $1708.3 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did Two Creeks Capital Management, LP first disclose a CMG position in 13F-HR filings?
Two Creeks Capital Management, LP first reported CHIPOTLE MEXICAN GRILL INC (CMG) on its 13F-HR filing for the period ending 2023-03-31 (Q1 2023). The position has appeared on 14 reported quarters within Pactolio's tracked window.
What was Two Creeks Capital Management, LP's most recent quarter-over-quarter share-count change in CMG?
Between Q1 2026 and Q2 2026, Two Creeks Capital Management, LP reduced its CMG position by 1,317,601 shares (-94.9%), leaving 70,668 shares at a market value of $2.4M.
Does the implied price-per-share represent Two Creeks Capital Management, LP's cost basis in CMG?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.