Equity Research Database

Institutional Investment Pitches

Explore thousands of hedge fund pitches, high-conviction equity research memos, and portfolio manager commentary extracted from quarterly letters.

Home Letters Funds Account

Artemis US Select Fund's investment thesis on Chipotle Mexican Grill ($CMG) — Q2 2025 | Buyside Digest

All Pitches

View Letter Analysis

$CMGNYSEChipotle Mexican Grill

BULL

Artemis US Select Fund—CMG

Fund Letter

Q2 2025

Published August 4, 2025

View Fund Profile

$37.43USD

+1.3% vs last month

$41.44Pitched

-9.7% since pitch

Market Cap$42.7B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

The Artemis US Select Fund, managed by Cormac Weldon and Chris Kent, delivered a robust performance of 10.1% for the second quarter of 2025, outperforming its primary benchmark, the S&P 500 Index, which returned 4.4%. This strong quarterly...

— Cormac Weldon

BSD Research Exclusive

Unlock Full Institutional Investment Theses

Full equity research memos, financial breakdowns, and hedge fund thesis write-ups are reserved for BSD Research ($55/mo) and Pro subscribers.

6,000+ Institutional Pitches

Proprietary AI Analysis

100 Letter Unlocks/Cycle

SUBSCRIBE TO BSD RESEARCH ($55/MO)Compare All Plans

Already a Research or Pro subscriber? Sign In

◆ Keep Reading

What other investors think about $CMG, and what else Artemis US Select Fund is buying.

Other pitches on $CMG

Other investors who've written on Chipotle Mexican Grill

Rowan Street CapitalBULL

Pitched Mar 31, 2025

The manager highlights Chipotle as an outstanding company with durable competitive advantages and a long runway for growth, illustrating the costly mistake of treating compounding compounders as short-term trades.

View all $CMG pitches →