1y return−13.6%S&P 500 +20.9%
3y return+28.6%S&P 500 +68.5%
5y return−39.1%S&P 500 +74.5%
10y return+127.4%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $227 against $357 in the S&P 500.2
12 West Capital Management LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| GDSGds Hldgs Ltd | $77.0M | 14.4% | |
| Bbb Foods IncCUSIP G0896C103 | $71.6M | 13.4% | −24.9% |
| RBLXRoblox Corp | $51.7M | 9.7% | |
| SHAKShake Shack Inc | $48.4M | 9.0% | −30.6% |
| MRVIMaravai Lifesciences Hldgs I | $44.1M | 8.2% | −2.8% |
| RGENRepligen Corp | $38.2M | 7.1% | +46.5% |
| AFRMAffirm Hldgs Inc | $37.5M | 7.0% | −14.0% |
| TOSTToast Inc | $34.7M | 6.5% | |
| ACMRAcm Resh Inc | $28.6M | 5.3% | +3588.5% |
| HTFLHeartflow Inc | $26.5M | 5.0% | +41.0% |
| NETCloudflare Inc | $25.8M | 4.8% | |
| HEHawaiian Elec Inds Inc Mtn B | $15.2M | 2.8% | −37.5% |
| KRUSKura Sushi Usa Inc | $10.1M | 1.9% | −60.8% |
| OFRMOnce Upon A Farm Pbc | $7.5M | 1.4% | |
| SHOPShopify Inc | $5.9M | 1.1% | |
| ENPHEnphase Energy Inc | $4.9M | 0.9% | New |
| ONOn Semiconductor Corp | $4.7M | 0.9% | New |
| Nu Hldgs LtdCUSIP G6683N103 | $2.5M | 0.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NETCloudflare Inc | June 30, 2020 | +582.3% | $25.8M |
| AFRMAffirm Hldgs Inc | March 31, 2025 | +80.5% | $37.5M |
| Bbb Foods IncCUSIP G0896C103 | December 31, 2024 | +47.3% | $71.6M |
| Nu Hldgs LtdCUSIP G6683N103 | March 31, 2025 | +30.5% | $2.5M |
| OFRMOnce Upon A Farm Pbc | March 31, 2026 | +25.3% | $7.5M |
| HTFLHeartflow Inc | March 31, 2026 | +20.6% | $26.5M |
| RGENRepligen Corp | June 30, 2020 | +10.4% | $38.2M |
| HEHawaiian Elec Inds Inc Mtn B | December 31, 2025 | +10.0% | $15.2M |
| SHAKShake Shack Inc | June 30, 2020 | +5.7% | $48.4M |
| SHOPShopify Inc | March 31, 2026 | −3.7% | $5.9M |
Sold off last quarter
- WRBYWarby Parker Inc was $27.5M
- ELFE L F Beauty Inc was $4.2M
- AEHRAehr Test Sys was $816K
- CRWVCoreweave Inc was $542K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +1.6% | +14.8% |
| March 31, 2026 | −5.7% | −4.6% |
| December 31, 2025 | −6.8% | +2.4% |
| September 30, 2025 | −3.3% | +7.8% |
| June 30, 2025 | +37.9% | +10.5% |
| March 31, 2025 | −17.5% | −4.6% |
| December 31, 2024 | +14.2% | +2.1% |
| September 30, 2024 | +13.8% | +5.4% |
| June 30, 2024 | −11.1% | +4.0% |
| March 31, 2024 | +14.1% | +10.0% |
| December 31, 2023 | +8.3% | +11.2% |
| September 30, 2023 | −8.2% | −3.6% |
| June 30, 2023 | +2.2% | +8.3% |
| March 31, 2023 | +19.4% | +7.0% |
| December 31, 2022 | −2.7% | +7.1% |
| September 30, 2022 | −6.1% | −5.3% |
| June 30, 2022 | −28.6% | −16.5% |
| March 31, 2022 | −32.4% | −4.9% |
| December 31, 2021 | −4.6% | +10.7% |
| September 30, 2021 | −7.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: 12 West Capital Management LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1540531&type=13F-HR&dateb=&owner=include&count=40CIK 1540531
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1540531/000154053126000005/Filed August 14, 2026 · accession 0001540531-26-000005