12 West Capital Management LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 7, 2024), 12 West Capital Management LP reported 23 stock positions worth $1.1 billion. Its top holding was Shake Shack Class A (SHAK) at 17.0% of the portfolio, followed by Procore Technologies (PCOR, 14.8%) and Maravai Lifesciences Hldgs-A (MRVI, 10.4%). Compared with Q4 2023, it opened 8 new positions, sold out of 3, added to 3 and reduced 8. The biggest buy was Grocery Outlet (GO, shares +383%) and the biggest sale Roblox Class A (RBLX, shares −57%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001540531
- Portfolio Value
- $1.1B (Q1 2024)
- SEC Filing
- 0001540531-24-000010 ↗ filed May 7, 2024
Holdings Value
Holdings 23 stocks · $1.1B
| SHAK Shake Shack Inc. Class A | 17.01% | 1,793,099 | $186.5M | Reduce -8.7% |
| PCOR Procore Technologies Inc. | 14.76% | 1,970,000 | $161.9M | Reduce -25.7% |
| MRVI Maravai Lifesciences Hldgs-A | 10.44% | 13,202,988 | $114.5M | Add +13.8% |
| GO Grocery Outlet Holding Corp. | 9.52% | 3,625,000 | $104.3M | Add +383.3% |
| TOST Toast Inc. Class A | 8.57% | 3,771,340 | $94.0M | Reduce -34.6% |
| RBLX Roblox Corp. Class A | 5.53% | 1,586,988 | $60.6M | Reduce -56.9% |
| KRUS Kura Sushi USA Inc. Class A | 4.87% | 463,415 | $53.4M | No change |
| RGEN Repligen Corp. | 4.24% | 252,849 | $46.5M | Reduce -31.3% |
| ISRG Intuitive Surgical Inc. | 3.28% | 90,000 | $35.9M | Reduce -10.9% |
| DDOG Datadog Inc. Class A | 3.00% | 266,500 | $32.9M | Reduce -41.0% |
| APPF Appfolio Inc. Class A | 2.81% | 125,000 | $30.8M | No change |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 2.80% | 4,613,974 | $30.7M | Reduce -8.8% |
| SE Sea Ltd.-ADR | 2.77% | 565,000 | $30.3M | New |
| CDMO Avid Bioservices Inc. | 1.68% | 2,750,000 | $18.4M | New |
| EPAM Epam Systems Inc. | 1.64% | 65,000 | $18.0M | New |
| ENFN Enfusion Inc. Class A | 1.61% | 1,903,190 | $17.6M | No change |
| NET Cloudflare Inc. Class A | 1.46% | 165,000 | $16.0M | No change |
| FWRG First Watch Restaurant Group | 1.44% | 640,486 | $15.8M | Add +19.7% |
| LPLA LPL Financial Holdings Inc. | 0.73% | 30,300 | $8.0M | New |
| CSGP Costar Group Inc. | 0.57% | 65,000 | $6.3M | New |
| SN Sharkninja Inc. | 0.54% | 95,000 | $5.9M | New |
| VSXY Victoria's Secret & Co. | 0.49% | 275,000 | $5.3M | New |
| OSCR Oscar Health Inc. Class A | 0.25% | 186,855 | $2.8M | New |
Options reported separately and not counted above: SE calls ($10.7M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GRND.WS Grindr Inc. -26 | *W EXP 11/18/202 | 755,000 | $1.7M | No change |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q4 2023 → Q1 2024
| RBLX Roblox Corp. Class A | Reduce -56.9% | 5.53% | −10.39 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −4.12 |
| PCOR Procore Technologies Inc. | Reduce -25.7% | 14.76% | −2.58 |
| DDOG Datadog Inc. Class A | Reduce -41.0% | 3.00% | −2.18 |
| RGEN Repligen Corp. | Reduce -31.3% | 4.24% | −2.02 |
| GDS GDS Holdings Ltd. - ADR | Reduce -8.8% | 2.80% | −1.56 |
| TOST Toast Inc. Class A | Reduce -34.6% | 8.57% | −1.39 |
| TRUP Trupanion Inc. | Sold out | 0.00% | −0.87 |
| LZ Legalzoomcom Inc. | Sold out | 0.00% | −0.48 |
| ISRG Intuitive Surgical Inc. | Reduce -10.9% | 3.28% | +0.06 |
| SHAK Shake Shack Inc. Class A | Reduce -8.7% | 17.01% | +3.25 |
Portfolio Buys Q4 2023 → Q1 2024
| GO Grocery Outlet Holding Corp. | Add +383.3% | 9.52% | +7.60 |
| MRVI Maravai Lifesciences Hldgs-A | Add +13.8% | 10.44% | +3.26 |
| SE Sea Ltd.-ADR | New | 2.77% | +2.77 |
| CDMO Avid Bioservices Inc. | New | 1.68% | +1.68 |
| EPAM Epam Systems Inc. | New | 1.64% | +1.64 |
| LPLA LPL Financial Holdings Inc. | New | 0.73% | +0.73 |
| CSGP Costar Group Inc. | New | 0.57% | +0.57 |
| SN Sharkninja Inc. | New | 0.54% | +0.54 |
| VSXY Victoria's Secret & Co. | New | 0.49% | +0.49 |
| FWRG First Watch Restaurant Group | Add +19.7% | 1.44% | +0.42 |
| OSCR Oscar Health Inc. Class A | New | 0.25% | +0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 18 | $534.7M | GDS, TBBB, RBLX, SHAK, MRVI |
| Q1 2026 | 20 | $592.4M | SHAK, GDS, TBBB, RBLX, TOST |
| Q4 2025 | 18 | $839.7M | SHAK, GDS, RBLX, TBBB, TOST |
| Q3 2025 | 17 | $964.1M | GDS, SHAK, RBLX, TBBB, TOST |
| Q2 2025 | 17 | $945.5M | SHAK, GDS, RBLX, TOST, TBBB |
| Q1 2025 | 17 | $677.6M | SHAK, GDS, RBLX, TBBB, TOST |
| Q4 2024 | 16 | $954.6M | SHAK, GDS, RBLX, TOST, MRVI |
| Q3 2024 | 16 | $975.1M | SHAK, RBLX, MRVI, GDS, TOST |
| Q2 2024 | 18 | $970.3M | SHAK, GO, RBLX, PCOR, TOST |
| Q1 2024 | 23 | $1.1B | SHAK, PCOR, MRVI, GO, TOST |