12 West Capital Management L.P. 13F annual report
12 West Capital Management L.P. is an investment fund managing more than $970 billion ran by Jonathan Herr. There are currently 18 companies in Mr. Herr’s portfolio. The largest investments include Shake Shack Inc and Grocery Outlet Hldg Corp, together worth $282 billion.
$970 billion Assets Under Management (AUM)
As of 7th August 2024, 12 West Capital Management L.P.’s top holding is 1,793,099 shares of Shake Shack Inc currently worth over $161 billion and making up 16.6% of the portfolio value.
Relative to the number of outstanding shares of Shake Shack Inc, 12 West Capital Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 5,450,000 shares of Grocery Outlet Hldg Corp worth $121 billion.
The third-largest holding is Roblox worth $118 billion and the next is Procore Technologies worth $99.1 billion, with 1,495,000 shares owned.
Currently, 12 West Capital Management L.P.'s portfolio is worth at least $970 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at 12 West Capital Management L.P.
The 12 West Capital Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jonathan Herr serves as the CHIEF FINANCIAL OFFICER at 12 West Capital Management L.P..
Recent trades
In the most recent 13F filing, 12 West Capital Management L.P. revealed that it had increased its stake in
Grocery Outlet Hldg Corp and bought 1,825,000 additional shares worth around .
On the other hand, there are companies that 12 West Capital Management L.P. is getting rid of from its portfolio.
12 West Capital Management L.P. closed its position in Intuitive Surgical Inc on 14th August 2024.
It sold the previously owned 90,000 shares for $35.9 billion.
Jonathan Herr also disclosed a decreased stake in Procore Technologies by 0.2%.
This leaves the value of the investment at $99.1 billion and 1,495,000 shares.
One of the average hedge funds
The two most similar investment funds to 12 West Capital Management L.P. are Brandywine Oak Private Wealth and Ledyard National Bank. They manage $969 billion and $972 billion respectively.
Jonathan Herr investment strategy
12 West Capital Management L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 28.8% of
the total portfolio value.
The fund focuses on investments in the United States as
66.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
22% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $10 billion.
The complete list of 12 West Capital Management L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Shake Shack Inc |
No change
1,793,099
|
$161,378,910,000 | 16.63% |
| Grocery Outlet Hldg Corp |
50.34%
5,450,000
|
$120,554,000,000 | 12.42% |
| Roblox Corporation |
100.50%
3,181,988
|
$118,401,773,000 | 12.20% |
| Procore Technologies, Inc. |
24.11%
1,495,000
|
$99,133,450,000 | 10.22% |
| Toast, Inc. |
0.44%
3,754,840
|
$96,762,227,000 | 9.97% |
| Maravai Lifesciences Hldgs I |
0.06%
13,211,179
|
$94,592,042,000 | 9.75% |
| Gds Hldgs Ltd |
No change
4,613,974
|
$42,863,818,000 | 4.42% |
| Sea Ltd |
No change
565,000
|
$40,352,300,000 | 4.16% |
| Intuitive Surgical Inc |
Closed
90,000
|
$35,918,100,000 | |
| Datadog Inc |
No change
266,500
|
$34,562,385,000 | 3.56% |
| Repligen Corp. |
No change
252,849
|
$31,874,145,000 | 3.29% |
| Kura Sushi USA, Inc. |
No change
463,415
|
$29,236,852,000 | 3.01% |
| Avid Bioservices Inc |
32.58%
3,645,844
|
$26,031,326,000 | 2.68% |
| Appfolio Inc |
36.00%
80,000
|
$19,565,600,000 | 2.02% |
| Epam Sys Inc |
Closed
65,000
|
$17,950,400,000 | |
| Enfusion, Inc. |
No change
1,903,190
|
$16,215,179,000 | 1.67% |
| Cloudflare Inc |
No change
165,000
|
$13,666,950,000 | 1.41% |
| First Watch Restaurant Group |
No change
640,486
|
$11,246,934,000 | 1.16% |
| Sharkninja Inc |
52.63%
145,000
|
$10,896,750,000 | 1.12% |
| Lpl Finl Hldgs Inc |
Closed
30,300
|
$8,005,260,000 | |
| Costar Group, Inc. |
Closed
65,000
|
$6,279,000,000 | |
| Victorias Secret And Co |
Closed
275,000
|
$5,329,500,000 | |
| Oscar Health, Inc. |
No change
186,855
|
$2,956,046,000 | 0.30% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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