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 |
FDC
First Data Corporation
FDC
|
+$124M |
| 2 |
Smartsheet Inc.
SMAR
|
+$1.6M |
| 3 |
Hallador Energy
HNRG
|
+$42K |
| 4 |
CBLK
Carbon Black, Inc. Common Stock
CBLK
|
+$18.3K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NovoCure
NVCR
|
+$9.6M |
| 2 |
MIME
Mimecast Limited
MIME
|
+$1.49M |
| 3 |
Fidus Investment
FDUS
|
+$692K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 65.83% |
| 2 | Financials | 28.18% |
| 3 | Healthcare | 5.03% |
| 4 | Technology | 0.95% |
| 5 | Utilities | 0.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
FDC
1
DELISTED
First Data Corporation
FDC
| $137M | 65.83% |
+5,225,631
| New | +$124M |
2019 Q1
0 quarters
|
|
|
ATH
2
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $55.5M | 26.62% |
1,360,487
| – | – |
2017 Q2
7 quarters
|
|
|
3
NovoCure
NVCR
$1.38B
| $10.4M | 4.98% |
215,479
-200,000
| -48% | -$9.6M |
2016 Q1
12 quarters
|
|
|
4
Fidus Investment
FDUS
$772M
| $3.25M | 1.56% |
212,004
-48,101
| -18% | -$692K |
2013 Q2
23 quarters
|
|
|
5
DELISTED
Smartsheet Inc.
SMAR
| $1.88M | 0.9% |
+46,177
| New | +$1.6M |
2019 Q1
0 quarters
|
|
6
Alphatec Holdings
ATEC
$1.08B
| $111K | 0.05% |
41,977
| – | – |
2018 Q2
3 quarters
|
|
|
CBLK
7
DELISTED
Carbon Black, Inc. Common Stock
CBLK
| $88K | 0.04% |
6,323
+1,283
| +25% | +$18.3K |
2018 Q4
1 quarter
|
|
|
8
Hallador Energy
HNRG
$504M
| $41K | 0.02% |
+7,758
| New | +$42K |
2019 Q1
0 quarters
|
|
|
MIME
9
DELISTED
Mimecast Limited
MIME
| – | – |
-44,179
| Closed | -$1.49M | – |
|
Similar funds
StepStone Group's Q1 2019 Portfolio in Review
As of Q1 2019, StepStone Group held 9 positions worth $209M, up 186% from $72.8M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
StepStone Group deployed $114M of net new capital in Q1 2019, opening 3 new positions and adding to 1 existing holding. Its largest new stake was First Data Corporation: 5,225,631 shares worth $137M.
By sector, the portfolio is most concentrated in Industrials at 66% of assets, followed by Financials and Healthcare.
On the sell side, the largest reduction was NovoCure, an estimated $9.6M trimmed.
- StepStone Group's largest Q1 2019 buy was First Data Corporation: 5,225,631 shares worth $137M.
- StepStone Group added most to Carbon Black, Inc. Common Stock in Q1 2019, an estimated $18.3K increase.
- StepStone Group's biggest Q1 2019 reduction was NovoCure, cutting an estimated $9.6M.
- StepStone Group fully exited Mimecast Limited in Q1 2019, selling an estimated $1.49M.
- StepStone Group's ten largest holdings make up 100% of its $209M portfolio in Q1 2019.
- StepStone Group opened 3 new positions and closed 1 in Q1 2019.
- StepStone Group's portfolio value rose 186% quarter-over-quarter to $209M.
Based on StepStone Group's 13F filing for Q1 2019, filed 15 May 2019.