Caption Management 13F: Cuts CMG Stake by $18M
Caption Management slashed its holdings in Chipotle Mexican Grill, Inc. by a sharp margin during the period.
Reviewed by automated data checks against the source filing. How we make and check alerts
Caption Management sold 537,580 shares from its stake in Chipotle Mexican Grill, Inc. ($CMG), an 86.71% decrease, according to a 13F filing with the SEC dated May 15, 2026. It reported 82,420 shares worth $2.75 million at the end of the quarter.
Since the filing, $CMG is up 0.7% after 1 week, up 0.2% after 1 month and down 8.4% to date (from the $32.65 close on May 15, 2026).
Find the original: Caption Management 13F filings on SEC EDGAR
CMG
Chipotle Mexican Grill, Inc.
Key Points
- Caption Management filed a Form 13F showing an 86.7% reduction in its Chipotle Mexican Grill, Inc. (NYSE: CMG) position during the period.
- The fund sold off 537,580 shares, leaving it with 82,420 shares valued at approximately $2.75 million.
- Chipotle shares trade around $33.40, sitting inside their 52-week range of $28.04 to $42.74.
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Caption Management Slashes Holdings in Chipotle Mexican Grill
Caption Management cut its position in Chipotle Mexican Grill, Inc. (NYSE: CMG) by 86.7%, according to its Form 13F filing with the SEC for the period ended May 15, 2026. The fund dropped 537,580 shares during the quarter, leaving it with a remaining stake of 82,420 shares. Based on filings, the value of the holding dropped to about $2.75 million.
Where Chipotle Stock Trades Right Now
Shares of Chipotle Mexican Grill traded near $33.40 recently, resting inside a 52-week price range between $28.04 and $42.74. The company carries a P/E ratio of 27.8 and a forward P/E of 22.36. Its 50-day moving average sits at $33.97, while the 200-day moving average stands at $34.58.
Analysts Set New Price Targets
Wall Street firms have continued adjusting their outlooks for the restaurant chain alongside recent reports. On October 16, 2026, Raymond James maintained its Outperform rating on the stock while lowering its price target to $37.00 from $42.50. Morgan Stanley kept an Equal-Weight rating on October 15, 2026, bumping its target to $40.00 from $39.00. Stephens & Co. also maintained an Equal-Weight rating on October 15, 2026, lowering its target to $38.00 from $40.00. JP Morgan maintained an Overweight rating with a $37.00 target on September 29, 2026, and Seaport Global initiated coverage with a Neutral rating on September 16, 2026. Overall, the stock holds a consensus buy recommendation with a mean price target of $43.73 across 31 analyst opinions.
Inside the Business at Chipotle
Chipotle Mexican Grill operates its popular chain of fast-casual Mexican restaurants, serving items like burritos, bowls, and tacos made with responsibly raised meats. The company employs about 140,000 workers and maintains its headquarters in Newport Beach, California. Its annualized revenue sits at $12.42 billion with a net margin of 11.4%.
What to Watch Next for the Fund and Stock
Investors tracking institutional moves should keep in mind that 13F filings are backward-looking documents that reveal snapshots of past holdings and might not reflect a fund's current daily position. Chipotle's next quarterly earnings release is currently scheduled for October 28, 2026, which will offer fresh visibility into the company's financial performance and ongoing demand.
Related Filing Alerts
Source: Caption Management's 13F filing on $CMG (May 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Caption Management 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts