12 West Capital Management LP
CIK 0001540531
Annualised vol
11.684719%
Beta
0.319252
HHI
864.883787
Top-10 weight
85.677347%
VaR 95%
1.132478%
VaR 99%
2.111852%
Max drawdown
27.956703%
Matched value
61.701362%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| TBBB | REDUCED | 1,717,770 | 2,287,770 | -24.92% | 71,579,476 |
| RBLX | UNCHANGED | 950,000 | 950,000 | 0.0% | 51,661,000 |
| SHAK | REDUCED | 863,411 | 1,243,595 | -30.57% | 48,368,284 |
| RGEN | ADDED | 280,165 | 191,233 | 46.5% | 38,225,713 |
| TOST | UNCHANGED | 1,247,840 | 1,247,840 | 0.0% | 34,714,909 |
| HTFL | ADDED | 902,500 | 640,000 | 41.02% | 26,479,350 |
| NET | UNCHANGED | 105,000 | 105,000 | 0.0% | 25,754,400 |
| KRUS | REDUCED | 175,000 | 446,415 | -60.8% | 10,073,000 |
| OFRM | UNCHANGED | 365,000 | 365,000 | 0.0% | 7,475,200 |
| SHOP | UNCHANGED | 52,000 | 52,000 | 0.0% | 5,937,360 |
| ENPH | NEW | 100,000 | - | - | 4,924,000 |
| ON | NEW | 50,000 | - | - | 4,727,000 |
| WRBY | CLOSED OUT | 0 | 1,304,727 | -100.0% | 0 |
| ELF | CLOSED OUT | 0 | 70,000 | -100.0% | 0 |
| CRWV | CLOSED OUT | 0 | 7,000 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | GDS HLDGS LTD | SPONSORED ADS | 36165L108 | 76,972,656 | 14.4 | 2563192.0 | |
| TBBB | REDUCED | BBB FOODS INC | CL A COM | G0896C103 | 71,579,476 | 13.39 | 1717770.0 |
| RBLX | UNCHANGED | ROBLOX CORP | CL A | 771049103 | 51,661,000 | 9.66 | 950000.0 |
| SHAK | REDUCED | SHAKE SHACK INC | CL A | 819047101 | 48,368,284 | 9.05 | 863411.0 |
| - | MARAVAI LIFESCIENCES HLDGS I | COM CL A | 56600D107 | 44,055,617 | 8.24 | 7060195.0 | |
| RGEN | ADDED | REPLIGEN CORP | COM | 759916109 | 38,225,713 | 7.15 | 280165.0 |
| - | AFFIRM HLDGS INC | COM CL A | 00827B106 | 37,513,000 | 7.02 | 460000.0 | |
| TOST | UNCHANGED | TOAST INC | CL A | 888787108 | 34,714,909 | 6.49 | 1247840.0 |
| - | ACM RESH INC | COM CL A | 00108J109 | 28,550,250 | 5.34 | 225000.0 | |
| HTFL | ADDED | HEARTFLOW INC | COM | 42238D107 | 26,479,350 | 4.95 | 902500.0 |
| NET | UNCHANGED | CLOUDFLARE INC | CL A COM | 18915M107 | 25,754,400 | 4.82 | 105000.0 |
| - | HAWAIIAN ELEC INDS INC MTN B | COM | 419870100 | 15,221,250 | 2.85 | 1125000.0 | |
| KRUS | REDUCED | KURA SUSHI USA INC | CL A COM | 501270102 | 10,073,000 | 1.88 | 175000.0 |
| OFRM | UNCHANGED | ONCE UPON A FARM PBC | COM | 68237F108 | 7,475,200 | 1.4 | 365000.0 |
| SHOP | UNCHANGED | SHOPIFY INC | CL A SUB VTG SHS | 82509L107 | 5,937,360 | 1.11 | 52000.0 |
| ENPH | NEW | ENPHASE ENERGY INC | COM | 29355A107 | 4,924,000 | 0.92 | 100000.0 |
| ON | NEW | ON SEMICONDUCTOR CORP | COM | 682189105 | 4,727,000 | 0.88 | 50000.0 |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 2,471,600 | 0.46 | 185000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 534,704,065 | 18 | 11.684719 | 0.319252 | 27.956703 |
| 2026-03-31 | 2026-05-15 | 592,382,910 | 20 | 11.514419 | 0.276238 | 23.554858 |
| 2025-12-31 | 2026-02-17 | 839,674,548 | 18 | 13.079103 | 0.331488 | 28.910733 |
| 2025-09-30 | 2025-11-14 | 964,122,468 | 17 | 15.241462 | 0.383087 | 37.290692 |
| 2025-03-31 | 2025-05-15 | 677,576,324 | 17 | 13.141733 | 0.334453 | 29.037578 |
| 2024-12-31 | 2025-02-13 | 954,595,438 | 16 | 15.066629 | 0.390626 | 33.988399 |