Filed: 2/17/2026ACC: 0001540531-26-000002
📋 What this filing means
12 WEST CAPITAL MANAGEMENT LP filed this quarterly 13F‑HR report disclosing 18 equity positions with a total reported market value of $839.67M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
18
Positions
$839.67M
Total AUM (reported)
27.70M
Total Shares
Allocation by class
CL A$317.80M37.8%
SPONSORED ADS$149.50M17.8%
CL A COM$139.75M16.6%
COM$114.79M13.7%
COM SER A$59.68M7.1%
COM CL A$55.04M6.6%
ORD SHS CL A$3.10M0.4%
Portfolio Concentration
Top 3$393.97M46.9%
4–10$333.57M39.7%
11–25$112.13M13.4%
Top 3 weight
46.9%
Top 10 weight
86.6%
Voting Authority Distribution
Total shares with voting rights: 27.70M
Sole
Full voting authority
27.70M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole18
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings18
Rows:
SHAKE SHACK INC
SOLEShares1.96M
TypeSH
Market value$159.39M
18.98%
Sole
1.96M
Shared
0.00
None
0.00
GDS HLDGS LTD
SOLEShares4.28M
TypeSH
Market value$149.50M
17.80%
Sole
4.28M
Shared
0.00
None
0.00
ROBLOX CORP
SOLEShares1.05M
TypeSH
Market value$85.08M
10.13%
Sole
1.05M
Shared
0.00
None
0.00
BBB FOODS INC
SOLEShares2.36M
TypeSH
Market value$78.89M
9.40%
Sole
2.36M
Shared
0.00
None
0.00
TOAST INC
SOLEShares1.85M
TypeSH
Market value$65.62M
7.81%
Sole
1.85M
Shared
0.00
None
0.00
KLAVIYO INC
SOLEShares1.84M
TypeSH
Market value$59.68M
7.11%
Sole
1.84M
Shared
0.00
None
0.00
REPLIGEN CORP
SOLEShares241.23K
TypeSH
Market value$39.53M
4.71%
Sole
241.23K
Shared
0.00
None
0.00
CLOUDFLARE INC
SOLEShares165K
TypeSH
Market value$32.53M
3.87%
Sole
165K
Shared
0.00
None
0.00
MARAVAI LIFESCIENCES HLDGS I
SOLEShares8.92M
TypeSH
Market value$28.99M
3.45%
Sole
8.92M
Shared
0.00
None
0.00
KURA SUSHI USA INC
SOLEShares541.41K
TypeSH
Market value$28.33M
3.37%
Sole
541.41K
Shared
0.00
None
0.00
AFFIRM HLDGS INC
SOLEShares350K
TypeSH
Market value$26.05M
3.10%
Sole
350K
Shared
0.00
None
0.00
HAWAIIAN ELEC INDUSTRIES
SOLEShares1.85M
TypeSH
Market value$22.75M
2.71%
Sole
1.85M
Shared
0.00
None
0.00
WINGSTOP INC
SOLEShares79K
TypeSH
Market value$18.84M
2.24%
Sole
79K
Shared
0.00
None
0.00
BETA BIONICS INC
SOLEShares575K
TypeSH
Market value$17.52M
2.09%
Sole
575K
Shared
0.00
None
0.00
FIRST WATCH RESTAURANT GROUP
SOLEShares1.07M
TypeSH
Market value$16.15M
1.92%
Sole
1.07M
Shared
0.00
None
0.00
COUPANG INC
SOLEShares250K
TypeSH
Market value$5.90M
0.70%
Sole
250K
Shared
0.00
None
0.00
NU HLDGS LTD
SOLEShares185K
TypeSH
Market value$3.10M
0.37%
Sole
185K
Shared
0.00
None
0.00
OSCAR HEALTH INC
SOLEShares126.86K
TypeSH
Market value$1.82M
0.22%
Sole
126.86K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SHAKE SHACK INCSOLE | CL A | 1.96M | SH | $159.39M 18.98% | 1.96M | 0.00 | 0.00 |
GDS HLDGS LTDSOLE | SPONSORED ADS | 4.28M | SH | $149.50M 17.80% | 4.28M | 0.00 | 0.00 |
ROBLOX CORPSOLE | CL A | 1.05M | SH | $85.08M 10.13% | 1.05M | 0.00 | 0.00 |
BBB FOODS INCSOLE | CL A COM | 2.36M | SH | $78.89M 9.40% | 2.36M | 0.00 | 0.00 |
TOAST INCSOLE | CL A | 1.85M | SH | $65.62M 7.81% | 1.85M | 0.00 | 0.00 |
KLAVIYO INCSOLE | COM SER A | 1.84M | SH | $59.68M 7.11% | 1.84M | 0.00 | 0.00 |
REPLIGEN CORPSOLE | COM | 241.23K | SH | $39.53M 4.71% | 241.23K | 0.00 | 0.00 |
CLOUDFLARE INCSOLE | CL A COM | 165K | SH | $32.53M 3.87% | 165K | 0.00 | 0.00 |
MARAVAI LIFESCIENCES HLDGS ISOLE | COM CL A | 8.92M | SH | $28.99M 3.45% | 8.92M | 0.00 | 0.00 |
KURA SUSHI USA INCSOLE | CL A COM | 541.41K | SH | $28.33M 3.37% | 541.41K | 0.00 | 0.00 |
AFFIRM HLDGS INCSOLE | COM CL A | 350K | SH | $26.05M 3.10% | 350K | 0.00 | 0.00 |
HAWAIIAN ELEC INDUSTRIESSOLE | COM | 1.85M | SH | $22.75M 2.71% | 1.85M | 0.00 | 0.00 |
WINGSTOP INCSOLE | COM | 79K | SH | $18.84M 2.24% | 79K | 0.00 | 0.00 |
BETA BIONICS INCSOLE | COM | 575K | SH | $17.52M 2.09% | 575K | 0.00 | 0.00 |
FIRST WATCH RESTAURANT GROUPSOLE | COM | 1.07M | SH | $16.15M 1.92% | 1.07M | 0.00 | 0.00 |
COUPANG INCSOLE | CL A | 250K | SH | $5.90M 0.70% | 250K | 0.00 | 0.00 |
NU HLDGS LTDSOLE | ORD SHS CL A | 185K | SH | $3.10M 0.37% | 185K | 0.00 | 0.00 |
OSCAR HEALTH INCSOLE | CL A | 126.86K | SH | $1.82M 0.22% | 126.86K | 0.00 | 0.00 |