CHIPOTLE MEXICAN GRILL INC

Ticker: CMG CUSIP: 169656105 Class: COM

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 1,195,988 Value ($000) $44,252 Avg Close $36.17 Range $29.75 - $42.82

Q3 2025

Shares 1,288,771 Value ($000) $50,507 Avg Close $45.03 Range $38.30 - $58.42

Q2 2025

Shares 1,406,605 Value ($000) $78,981 Avg Close $50.88 Range $44.46 - $56.44

Q1 2025

Shares 1,389,445 Value ($000) $69,764 Avg Close $54.38 Range $47.55 - $61.16

Q4 2024

Shares 1,398,855 Value ($000) $84,351 Avg Close $60.27 Range $55.02 - $66.74

Q3 2024

Shares 1,441,125 Value ($000) $83,038 Avg Close $55.35 Range $47.98 - $62.96

Q2 2024

Shares 1,441,125 Value ($000) $90,286 Avg Close $62.12 Range $56.92 - $69.26

Q1 2024

Shares 31,457 Value ($000) $53,738 Avg Close $51.14 Range $44.08 - $60.48

Q4 2023

Shares 30,378 Value ($000) $69,473 Avg Close $41.61 Range $35.37 - $46.97

Q3 2023

Shares 29,157 Value ($000) $53,411 Avg Close $38.99 Range $35.90 - $43.50

Q2 2023

Shares 30,997 Value ($000) $66,303 Avg Close $39.56 Range $33.29 - $42.88

Q1 2023

Shares 31,457 Value ($000) $53,738 Avg Close $31.42 Range $26.88 - $34.49

Q4 2022

Shares 31,847 Value ($000) $44,187 Avg Close $29.88 Range $27.21 - $32.77

Q3 2022

Shares 34,437 Value ($000) $51,751 Avg Close $31.00 Range $24.67 - $35.09

Q2 2022

Shares 34,429 Value ($000) $45,008 Avg Close $27.86 Range $23.93 - $32.90

Q1 2022

Shares 33,949 Value ($000) $53,708 Avg Close $30.11 Range $25.55 - $34.98

Q4 2021

Shares 34,119 Value ($000) $59,649 Avg Close $35.21 Range $31.36 - $37.92

Q3 2021

Shares 35,350 Value ($000) $64,249 Avg Close $36.38 Range $30.50 - $39.17

Q2 2021

Shares 36,269 Value ($000) $56,229 Avg Close $28.53 Range $25.90 - $31.59

Q1 2021

Shares 37,649 Value ($000) $53,492 Avg Close $28.92 Range $25.13 - $31.30

Q4 2020

Shares 38,729 Value ($000) $53,706 Avg Close $26.23 Range $23.45 - $28.71

Q3 2020

Shares 37,274 Value ($000) $46,358 Avg Close $24.10 Range $20.96 - $27.69

Q2 2020

Shares 37,034 Value ($000) $38,973 Avg Close $18.51 Range $12.00 - $21.74

Q1 2020

Shares 35,405 Value ($000) $23,169 Avg Close $15.81 Range $8.30 - $18.81

Q4 2019

Shares 36,913 Value ($000) $30,900 Avg Close $16.05 Range $14.56 - $17.14

Q3 2019

Shares 37,440 Value ($000) $31,467 Avg Close $15.95 Range $14.34 - $17.16

Q2 2019

Shares 37,115 Value ($000) $27,201 Avg Close $14.10 Range $12.73 - $14.98

Q1 2019

Shares 35,011 Value ($000) $24,869 Avg Close $11.60 Range $8.48 - $14.23

Q4 2018

Shares 34,621 Value ($000) $14,949 Avg Close $9.04 Range $7.66 - $10.02

Q3 2018

Shares 33,657 Value ($000) $15,298 Avg Close $9.51 Range $8.49 - $10.61

Q2 2018

Shares 34,023 Value ($000) $14,677 Avg Close $8.17 Range $6.15 - $9.49

Q1 2018

Shares 33,531 Value ($000) $10,834 Avg Close $6.30 Range $4.95 - $6.92

Q4 2017

Shares 33,618 Value ($000) $9,717 Avg Close $5.96 Range $5.26 - $6.67

Q3 2017

Shares 40,759 Value ($000) $12,547 Avg Close $6.74 Range $5.90 - $8.39

Q2 2017

Shares 41,659 Value ($000) $17,334 Avg Close $9.28 Range $8.22 - $9.98

Q1 2017

Shares 42,009 Value ($000) $18,716 Avg Close $8.25 Range $7.46 - $9.06

Q4 2016

Shares 44,336 Value ($000) $16,729 Avg Close $7.89 Range $7.06 - $8.80

Q3 2016

Shares 44,387 Value ($000) $18,798 Avg Close $8.22 Range $7.72 - $8.88

Q2 2016

Shares 46,857 Value ($000) $18,873 Avg Close $8.69 Range $7.70 - $9.46

Q1 2016

Shares 38,649 Value ($000) $18,203 Avg Close $9.51 Range $7.98 - $10.85

Q4 2015

Shares 39,229 Value ($000) $18,824 Avg Close $12.23 Range $9.56 - $15.14

Q3 2015

Shares 39,383 Value ($000) $28,366 Avg Close $14.22 Range $11.95 - $15.17

Q2 2015

Shares 39,077 Value ($000) $23,641 Avg Close $12.65 Range $11.96 - $13.98

Q1 2015

Shares 41,491 Value ($000) $26,992 Avg Close $13.65 Range $12.95 - $14.56

Q4 2014

Shares 46,250 Value ($000) $31,659 Avg Close $13.08 Range $12.15 - $13.93

Q3 2014

Shares 46,213 Value ($000) $30,805 Avg Close $13.11 Range $11.52 - $13.96

Q2 2014

Shares 46,469 Value ($000) $27,533 Avg Close $10.83 Range $9.45 - $12.04

Q1 2014

Shares 47,465 Value ($000) $26,962 Avg Close $11.02 Range $9.62 - $12.46

Q4 2013

Shares 53,725 Value ($000) $28,624 Avg Close $10.17 Range $8.40 - $11.01

Q3 2013

Shares 54,556 Value ($000) $23,388 Avg Close $8.09 Range $7.25 - $8.60

Q2 2013

Shares 55,318 Value ($000) $20,155 Avg Close $7.17 Range $6.34 - $7.58

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,195,988	$44,252	$36.17	$29.75 - $42.82
Q3 2025	1,288,771	$50,507	$45.03	$38.30 - $58.42
Q2 2025	1,406,605	$78,981	$50.88	$44.46 - $56.44
Q1 2025	1,389,445	$69,764	$54.38	$47.55 - $61.16
Q4 2024	1,398,855	$84,351	$60.27	$55.02 - $66.74
Q3 2024	1,441,125	$83,038	$55.35	$47.98 - $62.96
Q2 2024	1,441,125	$90,286	$62.12	$56.92 - $69.26
Q1 2024	31,457	$53,738	$51.14	$44.08 - $60.48
Q4 2023	30,378	$69,473	$41.61	$35.37 - $46.97
Q3 2023	29,157	$53,411	$38.99	$35.90 - $43.50
Q2 2023	30,997	$66,303	$39.56	$33.29 - $42.88
Q1 2023	31,457	$53,738	$31.42	$26.88 - $34.49
Q4 2022	31,847	$44,187	$29.88	$27.21 - $32.77
Q3 2022	34,437	$51,751	$31.00	$24.67 - $35.09
Q2 2022	34,429	$45,008	$27.86	$23.93 - $32.90
Q1 2022	33,949	$53,708	$30.11	$25.55 - $34.98
Q4 2021	34,119	$59,649	$35.21	$31.36 - $37.92
Q3 2021	35,350	$64,249	$36.38	$30.50 - $39.17
Q2 2021	36,269	$56,229	$28.53	$25.90 - $31.59
Q1 2021	37,649	$53,492	$28.92	$25.13 - $31.30
Q4 2020	38,729	$53,706	$26.23	$23.45 - $28.71
Q3 2020	37,274	$46,358	$24.10	$20.96 - $27.69
Q2 2020	37,034	$38,973	$18.51	$12.00 - $21.74
Q1 2020	35,405	$23,169	$15.81	$8.30 - $18.81
Q4 2019	36,913	$30,900	$16.05	$14.56 - $17.14
Q3 2019	37,440	$31,467	$15.95	$14.34 - $17.16
Q2 2019	37,115	$27,201	$14.10	$12.73 - $14.98
Q1 2019	35,011	$24,869	$11.60	$8.48 - $14.23
Q4 2018	34,621	$14,949	$9.04	$7.66 - $10.02
Q3 2018	33,657	$15,298	$9.51	$8.49 - $10.61
Q2 2018	34,023	$14,677	$8.17	$6.15 - $9.49
Q1 2018	33,531	$10,834	$6.30	$4.95 - $6.92
Q4 2017	33,618	$9,717	$5.96	$5.26 - $6.67
Q3 2017	40,759	$12,547	$6.74	$5.90 - $8.39
Q2 2017	41,659	$17,334	$9.28	$8.22 - $9.98
Q1 2017	42,009	$18,716	$8.25	$7.46 - $9.06
Q4 2016	44,336	$16,729	$7.89	$7.06 - $8.80
Q3 2016	44,387	$18,798	$8.22	$7.72 - $8.88
Q2 2016	46,857	$18,873	$8.69	$7.70 - $9.46
Q1 2016	38,649	$18,203	$9.51	$7.98 - $10.85
Q4 2015	39,229	$18,824	$12.23	$9.56 - $15.14
Q3 2015	39,383	$28,366	$14.22	$11.95 - $15.17
Q2 2015	39,077	$23,641	$12.65	$11.96 - $13.98
Q1 2015	41,491	$26,992	$13.65	$12.95 - $14.56
Q4 2014	46,250	$31,659	$13.08	$12.15 - $13.93
Q3 2014	46,213	$30,805	$13.11	$11.52 - $13.96
Q2 2014	46,469	$27,533	$10.83	$9.45 - $12.04
Q1 2014	47,465	$26,962	$11.02	$9.62 - $12.46
Q4 2013	53,725	$28,624	$10.17	$8.40 - $11.01
Q3 2013	54,556	$23,388	$8.09	$7.25 - $8.60
Q2 2013	55,318	$20,155	$7.17	$6.34 - $7.58