BlackRock Amends Chipotle Stake, Files SC 13G/A

TL;DR

**BlackRock updated its Chipotle ownership, a routine but important disclosure for institutional investors.**

AI Summary

BlackRock Inc. filed an amended Schedule 13G/A on January 26, 2024, indicating its ownership of Chipotle Mexican Grill Inc. common stock as of December 31, 2023. This filing, Amendment No. 9, updates their previous disclosures regarding their passive investment in Chipotle. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in confidence or investment strategy, even if this specific filing is a routine update.

Why It Matters

This filing shows BlackRock's continued, albeit passively managed, significant ownership in Chipotle, which can influence market perception and stability for the stock.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a large institutional investor, indicating no immediate or significant change in investment strategy or risk for the average investor.

Analyst Insight

Investors should note BlackRock's continued passive stake in Chipotle, but this routine update doesn't suggest any immediate action. It's a confirmation of existing institutional interest.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person and institutional investor
• Chipotle Mexican Grill Inc. (company) — the subject company whose stock is being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 26, 2024 (date) — the filing date of the SC 13G/A
• Amendment No. 9 (number) — the specific amendment number for this filing

FAQ

From the Filing

0001086364-24-004383.txt : 20240126 0001086364-24-004383.hdr.sgml : 20240126 20240126114944 ACCESSION NUMBER: 0001086364-24-004383 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHIPOTLE MEXICAN GRILL INC CENTRAL INDEX KEY: 0001058090 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 841219301 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81449 FILM NUMBER: 24565885 BUSINESS ADDRESS: STREET 1: 610 NEWPORT CENTER DR STREET 2: SUITE 1100 CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 949-524-4000 MAIL ADDRESS: STREET 1: 610 NEWPORT CENTER DR STREET 2: SUITE 1100 CITY: NEWPORT BEACH STATE: CA ZIP: 92660 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us1696561059_012624.txt us1696561059_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9) CHIPOTLE MEXICAN GRILL INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 169656105 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 169656105 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 1844023 (6) Shared voting power 0 (7) Sole dispositive power 2034440 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 2034440 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.4% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- CHIPOTLE MEXICAN GRILL INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 610 NEWPORT CENTER DR, SUITE 1100 NEWPORT BEACH CA 92660 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or,