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12 West Capital Management LP

CIK:0001540531
Hedge Fund
$2B AUM
17 holdings
New York, NY, United States
Founded:2012
12 employees
Latest filing:Jun 30, 2025

12 West Capital Management LP is an SEC-registered investment adviser based in New York, NY. The firm manages investment funds, including 12 West Capital Fund LP and 12 West Capital Offshore Fund LP, and primarily serves institutional investors. Founded as a Delaware limited partnership, it is led by Joel Ramin and is known for filing regular 13F disclosures. The employee count is relatively small, reflecting a focused boutique approach to public equities investment management.

Investment Strategy

12 West Capital Management LP operates a fundamental, research-driven public equity investment strategy, focusing on acquiring significant minority stakes in high-quality, growth-oriented businesses, predominantly in North American and global markets. The firm seeks to create value through concentrated positions, deep diligence, and active engagement, balancing long-term investments with opportunistic shorter-term trades across select sectors.

Latest 13F Filing Activity

12 West Capital Management LP filed their most recent 13F report on Jun 30, 2025 disclosing 17 equity positions with a total 13F market value of $946M. The fund increased holdings in Shake Shack Inc., Roblox Corp., Klaviyo Inc. among other positions. 12 West Capital Management LP reduced exposure to Warby Parker Inc., Nu HLDGS LTD, Monday Com LTD among others.

Top Buys
S
SHAKSHAKE SHACK INC
+$74.3M
R
RBLXROBLOX CORP
+$50.2M
K
KVYOKLAVIYO INC
+$44.1M
G
GDSGDS HLDGS LTD
+$25.5M
T
TOSTTOAST INC
+$19.6M
Top Sells
W
WRBYWARBY PARKER INC
-$21.4M
W
WINGWINGSTOP INC
+$12.7M
N
NUNU HLDGS LTD
-$10.3M
A
AFRMAFFIRM HLDGS INC
+$9.5M
M
MNDYMONDAY COM LTD
-$8.3M

Top Holdings

S
SHAKSHAKE SHACK INC
+23.0%$217.0M
G
GDSGDS HLDGS LTD
+15.7%$148.7M
R
RBLXROBLOX CORP
+12.6%$119.2M
T
TOSTTOAST INC
+8.3%$78.1M
T
TBBBBBB FOODS INC
+7.1%$67.2M

Equity Positions (17)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
SHAKE SHACK INC22.95%$217.0M1,543,595$50.22$140.60+$74.3M
GDS HLDGS LTD15.73%$148.7M4,864,476$29.61$30.57+$25.5M
ROBLOX CORP12.61%$119.2M1,133,000$43.94$105.20+$50.2M
TOAST INC8.26%$78.1M1,762,840$20.63$44.29+$19.6M
BBB FOODS INC7.10%$67.2M2,419,058$27.87$27.76+$6.1M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+28.3%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+18.2%
RETAIL-EATING & DRINKING PLACES
+17.0%
RETAIL-GROCERY STORES
+9.5%
RETAIL-EATING PLACES
+8.8%