Blair William & Co. IL Reduces Chipotle Stake by 35%

Investment firm sells over 800,000 shares of the restaurant chain in Q3

Published on Mar. 8, 2026

According to a recent SEC filing, investment management firm Blair William & Co. IL reduced its stake in Chipotle Mexican Grill, Inc. by 35.3% in the third quarter. The firm sold 815,336 shares, leaving it with 1,496,244 shares worth approximately $58.6 million as of the end of the quarter.

Why it matters

Chipotle is one of the largest and most prominent restaurant chains in the United States, so changes in major institutional investors' holdings can signal broader market sentiment around the company's performance and future prospects.

The details

Blair William & Co. IL cited the sale of 815,336 Chipotle shares, reducing its total stake in the company to 1,496,244 shares worth around $58.6 million. This represented a 35.3% reduction in the firm's Chipotle holdings during the third quarter. The move comes as Chipotle's stock has seen volatility in recent months, with the share price ranging between around $30 and $60 over the past year.

  • Blair William & Co. IL filed the 13F report disclosing the stake reduction on March 8, 2026.
  • The share sale occurred during the third quarter of 2025.

The players

Blair William & Co. IL

An investment management firm that reduced its stake in Chipotle Mexican Grill by over 35% in Q3 2025.

Chipotle Mexican Grill, Inc.

A fast-casual restaurant chain known for its Mexican-inspired menu of burritos, bowls, tacos and salads.

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The takeaway

The significant reduction in Blair William & Co. IL's Chipotle holdings could signal broader uncertainty around the restaurant chain's near-term performance and growth prospects, though the stock has seen volatility in recent months.