Dark Forest Capital Management’s StepStone Group STEP Stock Holding History

Dark Forest Capital Management’s Portfolio STEP Stock Details STEP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-7,415	Closed	-$484K	–	1326
2025 Q3	$484K	Sell	7,415 -5,683	-43%	-$347K	0.02%	938
2025 Q2	$727K	Buy	13,098 +5,692	+77%	+$305K	0.03%	840
2025 Q1	$387K	Buy	+7,406	New	+$436K	0.02%	1001
2024 Q2	–	Sell	-9,369	Closed	-$335K	–	882
2024 Q1	$335K	Buy	+9,369	New	+$317K	0.06%	426
2023 Q4	–	Sell	-50,017	Closed	-$1.58M	–	1023
2023 Q3	$1.58M	Buy	+50,017	New	+$1.45M	0.12%	220

Other funds holding STEP

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

PWA

Pitcairn Wealth Advisors Conshohocken, Pennsylvania $1.09B AUM

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Dark Forest Capital Management's STEP Position: Q4 2025 in Review

Dark Forest Capital Management sold out of StepStone Group (STEP) in Q4 2025, closing a stake of 7,415 shares — an estimated $484K sold.

Dark Forest Capital Management first reported a position in STEP in Q3 2023 and held it in 5 quarters. The position peaked at $1.58M in Q3 2023. 260 funds tracked by Wall St. Rank hold STEP as of Q4 2025.

Dark Forest Capital Management reported no remaining StepStone Group position as of Q4 2025 after selling out during the quarter.
Dark Forest Capital Management sold 7,415 StepStone Group shares in Q4 2025, an estimated $484K.
Dark Forest Capital Management first reported a position in StepStone Group in Q3 2023 and held it in 5 quarters.
Dark Forest Capital Management's StepStone Group position peaked at $1.58M in Q3 2023.
260 funds tracked by Wall St. Rank held StepStone Group as of Q4 2025.

Based on Dark Forest Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.