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 |
PRTY
Party City Holdco Inc.
PRTY
|
+$12.3M |
| 2 |
Fastly Inc
FSLY
|
+$1.87M |
| 3 |
MGI
MoneyGram International, Inc. New
MGI
|
+$530K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$57.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 78.27% |
| 2 | Technology | 18.18% |
| 3 | Industrials | 3.55% |
| 4 | Financials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
PRTY
1
DELISTED
Party City Holdco Inc.
PRTY
| $7.64M | 78.27% |
+3,267,077
| New | +$12.3M |
2019 Q4
0 quarters
|
|
|
2
Fastly Inc
FSLY
$2.68B
| $1.78M | 18.18% |
+88,472
| New | +$1.87M |
2019 Q4
0 quarters
|
|
|
MGI
3
DELISTED
MoneyGram International, Inc. New
MGI
| $347K | 3.55% |
+165,173
| New | +$530K |
2019 Q4
0 quarters
|
|
|
ATH
4
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| – | – |
-1,360,487
| Closed | -$57.2M | – |
|
Similar funds
StepStone Group's Q4 2019 Portfolio in Review
As of Q4 2019, StepStone Group held 4 positions worth $9.8M, down 83% from $57.2M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
StepStone Group withdrew a net $42.5M in Q4 2019, closing 1 position. Its most notable exit was Athene Holding Ltd. Class A Common Shares, an estimated $57.2M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 78% of assets, followed by Technology and Industrials.
Against the trend, StepStone Group opened a new position in Party City Holdco Inc. worth $7.64M.
- StepStone Group's largest Q4 2019 buy was Party City Holdco Inc.: 3,267,077 shares worth $7.64M.
- StepStone Group fully exited Athene Holding Ltd. Class A Common Shares in Q4 2019, selling an estimated $57.2M.
- StepStone Group's ten largest holdings make up 100% of its $9.8M portfolio in Q4 2019.
- StepStone Group opened 3 new positions and closed 1 in Q4 2019.
- StepStone Group's portfolio value fell 83% quarter-over-quarter to $9.8M.
Based on StepStone Group's 13F filing for Q4 2019, filed 3 Feb 2020.