Neil Flanzraich

CMG

DIRECTOR · CHIPOTLE MEXICAN GRILL INC · CIK 0001188560

FILING MIX · LIFETIME44%/56%

BUYS

SELLS

TOTAL VALUE

$7.13M

COMPANIES

ACTIVE SINCE

May 2020

HOLDINGS NOW

493

AVG SELL PX

$1,448.01

Trades · vs SPY

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Performance · forward returns vs SPY

6 backtested trades · 8 horizons

Forward-return performance of every backtestable P/S trade by Neil Flanzraich, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.

HORIZON	TRADES	WIN RATE	INSIDER RETURN	SPY RETURN	MEAN EXCESS	MEDIAN EXCESS	T-STAT
7d	6	+83.33%	-2.46%	-1.05%	-1.41%	-1.37%	—
14d	6	+83.33%	-1.10%	+0.69%	-1.79%	-1.35%	—
30d	6	+16.67%	+5.58%	+4.90%	+0.69%	+1.14%	—
60d	6	+83.33%	-5.10%	+5.37%	-10.47%	-9.59%	—
90d	6	+83.33%	-7.44%	+7.74%	-15.18%	-15.32%	—
180d	6	+16.67%	+30.33%	+14.84%	+15.49%	+15.96%	—
1y	6	+16.67%	+2.23%	+8.77%	-6.54%	-6.50%	—
2y	6	+16.67%	+7.95%	+0.84%	+7.12%	+7.07%	—

How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.

Holdings over time

CMG · 493 shares · as of May 18, 2021

Trading cadence · quarterly flow

BUY ● SELL ●

2020

2021

FLOW · 4 buys / 5 sellsCOVERAGE · 5 quarters

Form 4 filings · all activity

COMPANY	TYPE	SHARES	PRICE	VALUE	HELD AFTER	TRADE DATE	FILED
CMG CHIPOTLE MEXICAN GRILL INC	PURCHASEGRANT Stock grant	114	—	—	493	May 18, 2021	May 20, 2021 ↗
CMG CHIPOTLE MEXICAN GRILL INC	PURCHASE	230	$1,478.60	$340.1K	379	Mar 17, 2021	Mar 19, 2021 ↗
CMG CHIPOTLE MEXICAN GRILL INC	SALE	624	$1,449.03	$904.2K	1,600	Mar 12, 2021	Mar 16, 2021 ↗
CMG CHIPOTLE MEXICAN GRILL INC	SALE	451	$1,451.07	$654.4K	149	Mar 12, 2021	Mar 16, 2021 ↗
CMG CHIPOTLE MEXICAN GRILL INC	SALE	1,923	$1,445.94	$2.78M	2,916	Mar 12, 2021	Mar 16, 2021 ↗
CMG CHIPOTLE MEXICAN GRILL INC	SALE	1,000	$1,450.00	$1.45M	600	Mar 12, 2021	Mar 16, 2021 ↗
CMG CHIPOTLE MEXICAN GRILL INC	SALE	692	$1,447.95	$1.00M	2,224	Mar 12, 2021	Mar 16, 2021 ↗
CMG CHIPOTLE MEXICAN GRILL INC	PURCHASEGRANT Stock grant	57	—	—	4,839	May 19, 2020	May 21, 2020 ↗
CMG CHIPOTLE MEXICAN GRILL INC	PURCHASEGRANT Stock grant	149	—	—	4,782	May 19, 2020	May 21, 2020 ↗

Other insiders · CMG

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About this filer

CIK 0001188560

ROLE

Director

PRIMARY

CMG

COMPANIES

ACTIVE SINCE

May 2020

MARKETPEEL · /INSIDER/0001188560DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE

Neil Flanzraich

The morning brief, before the bell.