StepStone Group Portfolio holdings
StepStone Group is a private markets firm that builds customized investment portfolios, monitors them and advises investors. Its business spans primary and secondary fund investments plus co-investments, across private equity, real estate, infrastructure, real assets and private debt. Its founders, Monte Brem and Thomas Keck, had earlier made private equity investments at Pacific Corporate Group, as president and managing director respectively. StepStone went public on the Nasdaq in September 2020. The firm serves institutional investors and sponsors worldwide.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Caesars Entertainment Corporation
CZR
|
+$32.5M |
| 2 |
QuinStreet
QNST
|
+$2.39M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
APA Corp
APA
|
+$18.7M |
| 2 |
ZNGA
ZYNGA INC. CL A COMMON
ZNGA
|
+$2.21M |
| 3 |
Vital Energy
VTLE
|
+$534K |
| 4 |
HCA Healthcare
HCA
|
+$324K |
| 5 |
RPXC
RPX Corporation
RPXC
|
+$126K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 32.13% |
| 2 | Healthcare | 29.43% |
| 3 | Energy | 26.83% |
| 4 | Miscellaneous | 5.57% |
| 5 | Financials | 2.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
DELISTED
Caesars Entertainment Corporation
CZR
| $71.7M | 32.13% |
3,330,064
+1,665,032
| +100% | +$32.5M |
2013 Q2
2 quarters
|
|
|
2
HCA Healthcare
HCA
$105B
| $63M | 28.22% |
1,320,586
-7,000
| -0.5% | -$324K |
2013 Q2
2 quarters
|
|
|
CJES
3
DELISTED
C&J ENERGY SVCS LTD
CJES
| $59.7M | 26.73% |
2,583,345
| – | – |
2013 Q2
2 quarters
|
|
|
EDMC
4
DELISTED
EDUCATION MGMT CORP NEW COM STK (PA)
EDMC
| $12M | 5.38% |
1,191,519
| – | – |
2013 Q2
2 quarters
|
|
5
Fidus Investment
FDUS
$781M
| $5.66M | 2.53% |
260,105
| – | – |
2013 Q2
2 quarters
|
|
|
ZNGA
6
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $4.97M | 2.23% |
1,308,360
-569,506
| -30% | -$2.21M |
2013 Q2
2 quarters
|
|
7
Alphatec Holdings
ATEC
$1.13B
| $2.7M | 1.21% |
112,015
| – | – |
2013 Q3
1 quarter
|
|
|
8
QuinStreet
QNST
$1.09B
| $2.35M | 1.05% |
+270,114
| New | +$2.39M |
2013 Q4
0 quarters
|
|
|
NUAN
9
DELISTED
Nuance Communications, Inc.
NUAN
| $420K | 0.19% |
31,878
| – | – |
2013 Q3
1 quarter
|
|
|
RLOC
10
DELISTED
REACHLOCAL INC COM STK (DE)
RLOC
| $408K | 0.18% |
32,081
| – | – |
2013 Q2
2 quarters
|
|
|
MCEP
11
DELISTED
Mid-Con Energy Partners, LP
MCEP
| $219K | 0.1% |
480
-157
| -25% | -$74K |
2013 Q2
2 quarters
|
|
12
Hallador Energy
HNRG
$499M
| $99K | 0.04% |
12,324
-12,324
| -50% | -$91.7K |
2013 Q2
2 quarters
|
|
|
13
APA Corp
APA
$15B
| – | – |
-220,667
| Closed | -$18.7M | – |
|
|
14
DELISTED
Vital Energy
VTLE
| – | – |
-900
| Closed | -$534K | – |
|
|
RPXC
15
DELISTED
RPX Corporation
RPXC
| – | – |
-7,164
| Closed | -$126K | – |
|
|
KIOR
16
DELISTED
KIOR, INC CLASS A COM STK
KIOR
| – | – |
-12,695
| Closed | -$36K | – |
|
Similar funds
StepStone Group's Q4 2013 Portfolio in Review
As of Q4 2013, StepStone Group held 17 positions worth $223M, up 17% from $190M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
StepStone Group deployed $10.2M of net new capital in Q4 2013, opening 1 new position and adding to 1 existing holding. Its largest new stake was QuinStreet: 270,114 shares worth $2.35M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 32% of assets, up from 17% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was ZYNGA INC. CL A COMMON, an estimated $2.21M trimmed.
- StepStone Group's largest Q4 2013 buy was QuinStreet: 270,114 shares worth $2.35M.
- StepStone Group added most to Caesars Entertainment Corporation in Q4 2013, an estimated $32.5M increase.
- StepStone Group's biggest Q4 2013 reduction was ZYNGA INC. CL A COMMON, cutting an estimated $2.21M.
- StepStone Group fully exited APA Corp in Q4 2013, selling an estimated $18.7M.
- StepStone Group's ten largest holdings make up 100% of its $223M portfolio in Q4 2013.
- StepStone Group opened 1 new position and closed 5 in Q4 2013.
- StepStone Group's portfolio value rose 17% quarter-over-quarter to $223M.
Based on StepStone Group's 13F filing for Q4 2013, filed 10 Feb 2014.