CHIPOTLE MEXICAN GRILL INC

Ticker: CMG CUSIP: 169656105 Class: COM

Retirement Systems of Alabama's Holding History (CIK: 0001593051)

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

Q4 2025

Shares 281,293 Value ($000) $10,408 Avg Close $36.17 Range $29.75 - $42.82

Q3 2025

Shares 286,036 Value ($000) $11,210 Avg Close $45.03 Range $38.30 - $58.42

Q2 2025

Shares 1,081,107 Value ($000) $60,704 Avg Close $50.88 Range $44.46 - $56.44

Q1 2025

Shares 1,104,609 Value ($000) $55,462 Avg Close $54.38 Range $47.55 - $61.16

Q4 2024

Shares 1,094,754 Value ($000) $66,014 Avg Close $60.27 Range $55.02 - $66.74

Q3 2024

Shares 1,196,083 Value ($000) $68,918 Avg Close $55.35 Range $47.98 - $62.96

Q2 2024

Shares 921,550 Value ($000) $57,735 Avg Close $62.12 Range $56.92 - $69.26

Q1 2024

Shares 6,053 Value ($000) $17,595 Avg Close $51.14 Range $44.08 - $60.48

Q4 2023

Shares 6,048 Value ($000) $13,832 Avg Close $41.61 Range $35.37 - $46.97

Q3 2023

Shares 6,236 Value ($000) $11,423 Avg Close $38.99 Range $35.90 - $43.50

Q2 2023

Shares 6,271 Value ($000) $13,414 Avg Close $39.56 Range $33.29 - $42.88

Q1 2023

Shares 8,164 Value ($000) $13,946 Avg Close $31.42 Range $26.88 - $34.49

Q4 2022

Shares 8,879 Value ($000) $12,320 Avg Close $29.88 Range $27.21 - $32.77

Q3 2022

Shares 9,222 Value ($000) $13,858 Avg Close $31.00 Range $24.67 - $35.09

Q2 2022

Shares 9,269 Value ($000) $12,117 Avg Close $27.86 Range $23.93 - $32.90

Q1 2022

Shares 9,321 Value ($000) $14,746 Avg Close $30.11 Range $25.55 - $34.98

Q4 2021

Shares 9,323 Value ($000) $16,299 Avg Close $35.21 Range $31.36 - $37.92

Q3 2021

Shares 9,648 Value ($000) $17,535 Avg Close $36.38 Range $30.50 - $39.17

Q2 2021

Shares 10,296 Value ($000) $15,962 Avg Close $28.53 Range $25.90 - $31.59

Q1 2021

Shares 10,497 Value ($000) $14,914 Avg Close $28.92 Range $25.13 - $31.30

Q4 2020

Shares 11,235 Value ($000) $15,580 Avg Close $26.23 Range $23.45 - $28.71

Q3 2020

Shares 11,272 Value ($000) $14,019 Avg Close $24.10 Range $20.96 - $27.69

Q2 2020

Shares 10,970 Value ($000) $11,544 Avg Close $18.51 Range $12.00 - $21.74

Q1 2020

Shares 11,241 Value ($000) $7,356 Avg Close $15.81 Range $8.30 - $18.81

Q4 2019

Shares 11,238 Value ($000) $9,407 Avg Close $16.05 Range $14.56 - $17.14

Q3 2019

Shares 11,169 Value ($000) $9,387 Avg Close $15.95 Range $14.34 - $17.16

Q2 2019

Shares 11,373 Value ($000) $8,335 Avg Close $14.10 Range $12.73 - $14.98

Q1 2019

Shares 11,334 Value ($000) $8,051 Avg Close $11.60 Range $8.48 - $14.23

Q4 2018

Shares 11,283 Value ($000) $4,872 Avg Close $9.04 Range $7.66 - $10.02

Q3 2018

Shares 11,283 Value ($000) $5,128 Avg Close $9.51 Range $8.49 - $10.61

Q2 2018

Shares 11,477 Value ($000) $4,951 Avg Close $8.17 Range $6.15 - $9.49

Q1 2018

Shares 11,743 Value ($000) $3,794 Avg Close $6.30 Range $4.95 - $6.92

Q4 2017

Shares 12,039 Value ($000) $3,480 Avg Close $5.96 Range $5.26 - $6.67

Q3 2017

Shares 12,173 Value ($000) $3,747 Avg Close $6.74 Range $5.90 - $8.39

Q2 2017

Shares 40,997 Value ($000) $17,059 Avg Close $9.28 Range $8.22 - $9.98

Q1 2017

Shares 41,009 Value ($000) $18,317 Avg Close $8.25 Range $7.46 - $9.06

Q4 2016

Shares 14,123 Value ($000) $5,329 Avg Close $7.89 Range $7.06 - $8.80

Q3 2016

Shares 14,725 Value ($000) $6,236 Avg Close $8.22 Range $7.72 - $8.88

Q2 2016

Shares 14,888 Value ($000) $5,996 Avg Close $8.69 Range $7.70 - $9.46

Q1 2016

Shares 15,228 Value ($000) $7,172 Avg Close $9.51 Range $7.98 - $10.85

Q4 2015

Shares 16,172 Value ($000) $7,760 Avg Close $12.23 Range $9.56 - $15.14

Q3 2015

Shares 17,568 Value ($000) $12,653 Avg Close $14.22 Range $11.95 - $15.17

Q2 2015

Shares 17,811 Value ($000) $10,775 Avg Close $12.65 Range $11.96 - $13.98

Q1 2015

Shares 17,987 Value ($000) $11,701 Avg Close $13.65 Range $12.95 - $14.56

Q4 2014

Shares 18,807 Value ($000) $12,874 Avg Close $13.08 Range $12.15 - $13.93

Q3 2014

Shares 18,833 Value ($000) $12,554 Avg Close $13.11 Range $11.52 - $13.96

Q2 2014

Shares 19,015 Value ($000) $11,267 Avg Close $10.83 Range $9.45 - $12.04

Q1 2014

Shares 18,612 Value ($000) $10,573 Avg Close $11.02 Range $9.62 - $12.46

Q4 2013

Shares 18,383 Value ($000) $9,794 Avg Close $10.17 Range $8.40 - $11.01

Q3 2013

Shares 18,363 Value ($000) $7,872 Avg Close $8.09 Range $7.25 - $8.60

Q2 2013

Shares 18,341 Value ($000) $6,683 Avg Close $7.17 Range $6.34 - $7.58

Q1 2013

Shares 18,354 Value ($000) $5,981 Avg Close $6.23 Range $5.32 - $6.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	281,293	$10,408	$36.17	$29.75 - $42.82
Q3 2025	286,036	$11,210	$45.03	$38.30 - $58.42
Q2 2025	1,081,107	$60,704	$50.88	$44.46 - $56.44
Q1 2025	1,104,609	$55,462	$54.38	$47.55 - $61.16
Q4 2024	1,094,754	$66,014	$60.27	$55.02 - $66.74
Q3 2024	1,196,083	$68,918	$55.35	$47.98 - $62.96
Q2 2024	921,550	$57,735	$62.12	$56.92 - $69.26
Q1 2024	6,053	$17,595	$51.14	$44.08 - $60.48
Q4 2023	6,048	$13,832	$41.61	$35.37 - $46.97
Q3 2023	6,236	$11,423	$38.99	$35.90 - $43.50
Q2 2023	6,271	$13,414	$39.56	$33.29 - $42.88
Q1 2023	8,164	$13,946	$31.42	$26.88 - $34.49
Q4 2022	8,879	$12,320	$29.88	$27.21 - $32.77
Q3 2022	9,222	$13,858	$31.00	$24.67 - $35.09
Q2 2022	9,269	$12,117	$27.86	$23.93 - $32.90
Q1 2022	9,321	$14,746	$30.11	$25.55 - $34.98
Q4 2021	9,323	$16,299	$35.21	$31.36 - $37.92
Q3 2021	9,648	$17,535	$36.38	$30.50 - $39.17
Q2 2021	10,296	$15,962	$28.53	$25.90 - $31.59
Q1 2021	10,497	$14,914	$28.92	$25.13 - $31.30
Q4 2020	11,235	$15,580	$26.23	$23.45 - $28.71
Q3 2020	11,272	$14,019	$24.10	$20.96 - $27.69
Q2 2020	10,970	$11,544	$18.51	$12.00 - $21.74
Q1 2020	11,241	$7,356	$15.81	$8.30 - $18.81
Q4 2019	11,238	$9,407	$16.05	$14.56 - $17.14
Q3 2019	11,169	$9,387	$15.95	$14.34 - $17.16
Q2 2019	11,373	$8,335	$14.10	$12.73 - $14.98
Q1 2019	11,334	$8,051	$11.60	$8.48 - $14.23
Q4 2018	11,283	$4,872	$9.04	$7.66 - $10.02
Q3 2018	11,283	$5,128	$9.51	$8.49 - $10.61
Q2 2018	11,477	$4,951	$8.17	$6.15 - $9.49
Q1 2018	11,743	$3,794	$6.30	$4.95 - $6.92
Q4 2017	12,039	$3,480	$5.96	$5.26 - $6.67
Q3 2017	12,173	$3,747	$6.74	$5.90 - $8.39
Q2 2017	40,997	$17,059	$9.28	$8.22 - $9.98
Q1 2017	41,009	$18,317	$8.25	$7.46 - $9.06
Q4 2016	14,123	$5,329	$7.89	$7.06 - $8.80
Q3 2016	14,725	$6,236	$8.22	$7.72 - $8.88
Q2 2016	14,888	$5,996	$8.69	$7.70 - $9.46
Q1 2016	15,228	$7,172	$9.51	$7.98 - $10.85
Q4 2015	16,172	$7,760	$12.23	$9.56 - $15.14
Q3 2015	17,568	$12,653	$14.22	$11.95 - $15.17
Q2 2015	17,811	$10,775	$12.65	$11.96 - $13.98
Q1 2015	17,987	$11,701	$13.65	$12.95 - $14.56
Q4 2014	18,807	$12,874	$13.08	$12.15 - $13.93
Q3 2014	18,833	$12,554	$13.11	$11.52 - $13.96
Q2 2014	19,015	$11,267	$10.83	$9.45 - $12.04
Q1 2014	18,612	$10,573	$11.02	$9.62 - $12.46
Q4 2013	18,383	$9,794	$10.17	$8.40 - $11.01
Q3 2013	18,363	$7,872	$8.09	$7.25 - $8.60
Q2 2013	18,341	$6,683	$7.17	$6.34 - $7.58
Q1 2013	18,354	$5,981	$6.23	$5.32 - $6.70