13F HOLDINGS REPORT
12 West Capital Management LP
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001540531-26-000002
Total Value
$839.7M
Positions
18
Other Managers
0
Confidential Omitted
No
Holdings (18)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SHAKE SHACK INC | SHAK | 1,963,595 | $159.4M | 18.98% |
| 2 | GDS HLDGS LTD | GDHLF | 4,283,776 | $149.5M | 17.80% |
| 3 | ROBLOX CORP | RBLX | 1,050,000 | $85.1M | 10.13% |
| 4 | BBB FOODS INC | TBBB | 2,362,770 | $78.9M | 9.40% |
| 5 | TOAST INC | TOST | 1,847,840 | $65.6M | 7.81% |
| 6 | KLAVIYO INC | KVYO | 1,838,000 | $59.7M | 7.11% |
| 7 | REPLIGEN CORP | RGEN | 241,233 | $39.5M | 4.71% |
| 8 | CLOUDFLARE INC | NET | 165,000 | $32.5M | 3.87% |
| 9 | MARAVAI LIFESCIENCES HLDGS I | MARA | 8,921,335 | $29.0M | 3.45% |
| 10 | KURA SUSHI USA INC | KRUS | 541,415 | $28.3M | 3.37% |
| 11 | AFFIRM HLDGS INC | AFRM | 350,000 | $26.1M | 3.10% |
| 12 | HAWAIIAN ELEC INDUSTRIES | 419870100 | 1,850,000 | $22.8M | 2.71% |
| 13 | WINGSTOP INC | WING | 79,000 | $18.8M | 2.24% |
| 14 | BETA BIONICS INC | BBNX | 575,000 | $17.5M | 2.09% |
| 15 | FIRST WATCH RESTAURANT GROUP | FWRG | 1,070,701 | $16.1M | 1.92% |
| 16 | COUPANG INC | CPNG | 250,000 | $5.9M | 0.70% |
| 17 | NU HLDGS LTD | NU | 185,000 | $3.1M | 0.37% |
| 18 | OSCAR HEALTH INC | OSCR | 126,855 | $1.8M | 0.22% |