12 West Capital Management LP: AFFIRM HLDGS INC (AFRM): Quarterly 13F Position History
As of Q1 2026, 12 West Capital Management LP reported 535,000 shares of AFFIRM HLDGS INC (AFRM), worth $24.5M and representing 4.1% of its 13F equity book. Quarter-over-quarter share count change: + 185,000 (+52.9%) . The position first appeared in Q2 2022 and has been disclosed across 16 13F-HR filings in Pactolio's tracked window.
- 535,000Shares Held (Latest Filing)
- $24.5MReported Market Value (Latest Filing)
- 4.1%Portfolio Weight (% of 13F Equity Book)
- +185,000Quarter-over-Quarter Share Change
- -$1.5MQuarter-over-Quarter Value Change
- 535,000Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 16 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 535,000 | +185,000 | +52.9% | $24.5M | 4.1% | $45.8 |
| Q4 2025 | 350,000 | 0 | — | $26.1M | 3.1% | $74.4 |
| Q3 2025 | 350,000 | 0 | — | $25.6M | 2.7% | $73.1 |
| Q2 2025 | 350,000 | +25,000 | +7.7% | $24.2M | 2.6% | $69.1 |
| Q1 2025 | 325,000 | +325,000 | — | $14.7M | 2.2% | $45.2 |
| Q4 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2022 | 0 | 450,000 | -100.0% | $0 | 0.0% | — |
| Q2 2022 | 450,000 | — | — | $8.1M | 0.7% | $18.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did 12 West Capital Management LP first disclose a AFRM position in 13F-HR filings?
12 West Capital Management LP first reported AFFIRM HLDGS INC (AFRM) on its 13F-HR filing for the period ending 2022-06-30 (Q2 2022). The position has appeared on 16 reported quarters within Pactolio's tracked window.
What was 12 West Capital Management LP's most recent quarter-over-quarter share-count change in AFRM?
Between Q4 2025 and Q1 2026, 12 West Capital Management LP added 185,000 shares of AFRM (+52.9%), bringing the total reported position to 535,000 shares at a market value of $24.5M.
Does the implied price-per-share represent 12 West Capital Management LP's cost basis in AFRM?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.