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 |
T2 Biosystems, Inc
TTOO
|
+$186K |
| 2 |
CJES
C&J ENERGY SVCS LTD
CJES
|
+$71.7K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TMX
Terminix Global Holdings, Inc.
TMX
|
+$140M |
| 2 |
Ardelyx
ARDX
|
+$54K |
| 3 |
HPTX
HYPERION THERAPEUTICS INC COM STK (DE)
HPTX
|
+$34K |
| 4 |
EDMC
EDUCATION MGMT CORP NEW COM STK (PA)
EDMC
|
+$77 |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 84.39% |
| 2 | Consumer Discretionary | 8.23% |
| 3 | Healthcare | 3.97% |
| 4 | Financials | 2.4% |
| 5 | Communication Services | 0.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
TMX
1
DELISTED
Terminix Global Holdings, Inc.
TMX
| $296M | 84.39% |
13,092,184
-6,655,997
| -34% | -$140M |
2014 Q3
2 quarters
|
|
2
DELISTED
Caesars Entertainment Corporation
CZR
| $17.5M | 5% |
1,665,032
| – | – |
2013 Q2
7 quarters
|
|
|
CACQ
3
DELISTED
Caesars Acquisition Company
CACQ
| $11.3M | 3.23% |
1,665,032
| – | – |
2014 Q1
4 quarters
|
|
4
DELISTED
Asensus Surgical, Inc.
ASXC
| $10.2M | 2.91% |
267,732
| – | – |
2014 Q2
3 quarters
|
|
5
Ally Financial
ALLY
$12.1B
| $4.4M | 1.26% |
209,930
| – | – |
2014 Q2
3 quarters
|
|
6
Fidus Investment
FDUS
$773M
| $4M | 1.14% |
260,105
| – | – |
2013 Q2
7 quarters
|
|
7
Alphatec Holdings
ATEC
$1.76B
| $1.95M | 0.56% |
112,015
| – | – |
2013 Q3
6 quarters
|
|
8
QuinStreet
QNST
$981M
| $1.61M | 0.46% |
270,114
| – | – |
2013 Q4
5 quarters
|
|
9
Veeva Systems
VEEV
$50.2B
| $1.6M | 0.46% |
62,824
| – | – |
2014 Q4
1 quarter
|
|
|
CJES
10
DELISTED
C&J ENERGY SVCS LTD
CJES
| $1.44M | 0.41% |
1,297,671
+6,000
| +0.5% | +$71.7K |
2013 Q2
7 quarters
|
|
|
EDMC
11
DELISTED
EDUCATION MGMT CORP NEW COM STK (PA)
EDMC
| $256K | 0.07% |
1,191,159
-360
| -0% | -$77 |
2013 Q2
7 quarters
|
|
|
12
DELISTED
T2 Biosystems, Inc
TTOO
| $188K | 0.05% |
+2
| New | +$186K |
2015 Q1
0 quarters
|
|
13
DELISTED
HOMEAWAY INC COM
AWAY
| $155K | 0.04% |
5,146
| – | – |
2014 Q1
4 quarters
|
|
|
RLOC
14
DELISTED
REACHLOCAL INC COM STK (DE)
RLOC
| $93K | 0.03% |
32,081
| – | – |
2013 Q2
7 quarters
|
|
|
ECOM
15
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $17K | ﹤0.01% |
1,710
| – | – |
2014 Q1
4 quarters
|
|
|
16
Ardelyx
ARDX
$800M
| – | – |
-2,852
| Closed | -$54K | – |
|
|
HPTX
17
DELISTED
HYPERION THERAPEUTICS INC COM STK (DE)
HPTX
| – | – |
-1,425
| Closed | -$34K | – |
|
Similar funds
StepStone Group's Q1 2015 Portfolio in Review
As of Q1 2015, StepStone Group held 17 positions worth $351M, down 20% from $439M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
StepStone Group withdrew a net $140M in Q1 2015, closing 2 positions and reducing 2 holdings. Its most notable exit was Ardelyx, an estimated $54K position sold in full.
By sector, the portfolio is most concentrated in Industrials at 84% of assets, up from 81% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, StepStone Group opened a new position in T2 Biosystems, Inc worth $188K.
- StepStone Group's largest Q1 2015 buy was T2 Biosystems, Inc: 2 shares worth $188K.
- StepStone Group added most to C&J ENERGY SVCS LTD in Q1 2015, an estimated $71.7K increase.
- StepStone Group's biggest Q1 2015 reduction was Terminix Global Holdings, Inc., cutting an estimated $140M.
- StepStone Group fully exited Ardelyx in Q1 2015, selling an estimated $54K.
- StepStone Group's ten largest holdings make up 100% of its $351M portfolio in Q1 2015.
- StepStone Group opened 1 new position and closed 2 in Q1 2015.
- StepStone Group's portfolio value fell 20% quarter-over-quarter to $351M.
Based on StepStone Group's 13F filing for Q1 2015, filed 18 May 2015.