Do Hedge Funds Agree With Barron’s Gloomy Chipotle Mexican Grill, Inc. (CMG) Report?

How are hedge funds trading Chipotle Mexican Grill, Inc. (NYSE:CMG)?

With hedgies’ sentiment swirling, there exists a few notable hedge fund managers who were boosting their holdings in Chipotle substantially.

Citadel Investment Group, managed by Ken Griffin, holds the largest position in Chipotle Mexican Grill, Inc. (NYSE:CMG), worth $147.2 million, comprising 0.2% of its 13F portfolio. Jim Simons’ Renaissance Technologies has the second-biggest stake in the company, worth $140.3 million. Peter Rathjens, Bruce Clarke and John Campbell of Arrowstreet Capital, John Overdeck and David Siegel’s Two Sigma Advisors, and David. E. Shaw’s D E Shaw are some of the other notable hedge funds having stakes in Chipotle Mexican Grill, Inc. (NYSE:CMG).

Chipotle Mexican Grill, Inc. (NYSE:CMG) has neutral insider sentiment and hedge fund sentiment. The company has already hinted at a possible decrease in its sales after the removal of pork from some of its restaurants. The latest report from Barron’s also paints a bleak picture for the company’s future prospects. We don’t currently recommend a “Buy” for Chipotle Mexican Grill, Inc. (NYSE:CMG).

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