12 West Capital Management LP: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1540531) · Explore on the interactive board
12 West Capital Management LP disclosed 18 US equity positions worth $534.7m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is GDS at 14.4% of the reported book, followed by TBBB, RBLX. The top ten holdings are 85.7% of the book, and the portfolio behaves like about 12 equal-weight positions. Versus the prior filing it opened 2 new positions, added to 3, reduced 7 and exited 4. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does 12 West Capital Management LP own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 2 new, 3 added, 7 reduced, 4 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | GDS GDS HLDGS LTD | Technology | 14.4% | $77.0m | 2,563,192 | -1% | reduced |
| 2 | TBBB BBB FOODS INC | Consumer Defensive | 13.4% | $71.6m | 1,717,770 | -25% | reduced |
| 3 | RBLX ROBLOX CORP | Communication Services | 9.7% | $51.7m | 950,000 | 0% | held |
| 4 | SHAK SHAKE SHACK INC | Consumer Cyclical | 9.0% | $48.4m | 863,411 | -31% | reduced |
| 5 | MRVI MARAVAI LIFESCIENCES HLDGS I | Healthcare | 8.2% | $44.1m | 7,060,195 | -3% | reduced |
| 6 | RGEN REPLIGEN CORP | Healthcare | 7.1% | $38.2m | 280,165 | 47% | added |
| 7 | AFRM AFFIRM HLDGS INC | Financial Services | 7.0% | $37.5m | 460,000 | -14% | reduced |
| 8 | TOST TOAST INC | Technology | 6.5% | $34.7m | 1,247,840 | 0% | held |
| 9 | ACMR ACM RESH INC | Technology | 5.3% | $28.6m | 225,000 | 3589% | added |
| 10 | HTFL HEARTFLOW INC | Healthcare | 5.0% | $26.5m | 902,500 | 41% | added |
| 11 | NET CLOUDFLARE INC | Technology | 4.8% | $25.8m | 105,000 | 0% | held |
| 12 | HE HAWAIIAN ELEC INDS INC MTN B | Utilities | 2.8% | $15.2m | 1,125,000 | -38% | reduced |
| 13 | KRUS KURA SUSHI USA INC | 1.9% | $10.1m | 175,000 | -61% | reduced | |
| 14 | ONCE UPON A FARM PBC | 1.4% | $7.5m | 365,000 | 0% | held | |
| 15 | SHOP SHOPIFY INC | Technology | 1.1% | $5.9m | 52,000 | 0% | held |
| 16 | ENPH ENPHASE ENERGY INC | Technology | 0.9% | $4.9m | 100,000 | – | new |
| 17 | ON ON SEMICONDUCTOR CORP | Technology | 0.9% | $4.7m | 50,000 | – | new |
| 18 | NU NU HLDGS LTD | Financial Services | 0.5% | $2.5m | 185,000 | 0% | held |
What did 12 West Capital Management LP sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| WRBY WARBY PARKER INC | 83.1% | $27.5m |
| ELF E L F BEAUTY INC | 12.8% | $4.2m |
| AEHR AEHR TEST SYS | 2.5% | $815.8k |
| CRWV COREWEAVE INC | 1.6% | $542.3k |
Sector mix
| Sector | Weight |
|---|---|
| Technology | 34.0% |
| Healthcare | 20.3% |
| Consumer Defensive | 13.4% |
| Communication Services | 9.7% |
| Consumer Cyclical | 9.0% |
| Financial Services | 7.5% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is 12 West Capital Management LP's portfolio?
Across every quarter 12 West Capital Management LP has filed, its median largest position is 16.5% of the book and its median top-ten weight is 86.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 4.0 completed holding spells, the median lasted 1.0 quarters; 18.0 positions are still open and their final length is unknown.