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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NovoCure
NVCR
|
+$17.9M |
| 2 |
COUP
Coupa Software Incorporated
COUP
|
+$186K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 78.14% |
| 2 | Healthcare | 21.86% |
| 3 | Technology | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
ATH
1
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $74.5M | 74.35% |
1,442,640
| – | – |
2017 Q2
5 quarters
|
|
|
2
NovoCure
NVCR
$1.65B
| $21.8M | 21.72% |
415,479
-450,000
| -52% | -$17.9M |
2016 Q1
10 quarters
|
|
3
Fidus Investment
FDUS
$759M
| $3.8M | 3.79% |
260,105
| – | – |
2013 Q2
21 quarters
|
|
4
Alphatec Holdings
ATEC
$1.77B
| $141K | 0.14% |
41,977
| – | – |
2018 Q2
1 quarter
|
|
|
COUP
5
DELISTED
Coupa Software Incorporated
COUP
| – | – |
-3,844
| Closed | -$186K | – |
|
Similar funds
StepStone Group's Q3 2018 Portfolio in Review
As of Q3 2018, StepStone Group held 5 positions worth $100M, up 6.3% from $94.3M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
StepStone Group withdrew a net $18.1M in Q3 2018, closing 1 position and reducing 1 holding. Its most notable exit was Coupa Software Incorporated, an estimated $186K position sold in full.
By sector, the portfolio is most concentrated in Financials at 78% of assets, up from 71% a quarter earlier, followed by Healthcare and Technology.
- StepStone Group's biggest Q3 2018 reduction was NovoCure, cutting an estimated $17.9M.
- StepStone Group fully exited Coupa Software Incorporated in Q3 2018, selling an estimated $186K.
- StepStone Group's ten largest holdings make up 100% of its $100M portfolio in Q3 2018.
- StepStone Group opened 0 new positions and closed 1 in Q3 2018.
- StepStone Group's portfolio value rose 6.3% quarter-over-quarter to $100M.
Based on StepStone Group's 13F filing for Q3 2018, filed 9 Nov 2018.