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 |
ECOL
US Ecology, Inc.
ECOL
|
+$601K |
| 2 |
Ardelyx
ARDX
|
+$11.1K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Datadog
DDOG
|
+$13.4M |
| 2 |
Fastly Inc
FSLY
|
+$2.51M |
| 3 |
Chegg
CHGG
|
+$530K |
| 4 |
PRTY
Party City Holdco Inc.
PRTY
|
+$421K |
| 5 |
Sunrun
RUN
|
+$355K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 87.11% |
| 2 | Industrials | 12.82% |
| 3 | Healthcare | 0.07% |
| 4 | Miscellaneous | 0% |
| 5 | Consumer Discretionary | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Datadog
DDOG
$66.5B
| $12.4M | 83.87% |
142,822
-220,000
| -61% | -$13.4M |
2020 Q1
1 quarter
|
|
|
ECOL
2
DELISTED
US Ecology, Inc.
ECOL
| $1.9M | 12.82% |
56,025
+18,442
| +49% | +$601K |
2020 Q1
1 quarter
|
|
|
3
Fastly Inc
FSLY
$2.68B
| $297K | 2.01% |
3,485
-63,797
| -95% | -$2.51M |
2019 Q4
2 quarters
|
|
|
4
Sunrun
RUN
$2.09B
| $183K | 1.24% |
9,270
-23,217
| -71% | -$355K |
2020 Q1
1 quarter
|
|
|
5
Ardelyx
ARDX
$777M
| $11K | 0.07% |
+1,603
| New | +$11.1K |
2020 Q2
0 quarters
|
|
6
DELISTED
Akero Therapeutics
AKRO
| – | – |
-9,389
| Closed | -$199K | – |
|
7
Alibaba
BABA
$235B
| – | – |
-1,816
| Closed | -$353K | – |
|
|
8
Chegg
CHGG
$63.9M
| – | – |
-14,802
| Closed | -$530K | – |
|
|
PRTY
9
DELISTED
Party City Holdco Inc.
PRTY
| – | – |
-919,609
| Closed | -$421K | – |
|
Similar funds
StepStone Group's Q2 2020 Portfolio in Review
As of Q2 2020, StepStone Group held 9 positions worth $14.8M, down 14% from $17.3M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
StepStone Group withdrew a net $17.2M in Q2 2020, closing 4 positions and reducing 3 holdings. Its most notable exit was Chegg, an estimated $530K position sold in full.
By sector, the portfolio is most concentrated in Technology at 87% of assets, up from 85% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, StepStone Group opened a new position in Ardelyx worth $11K.
- StepStone Group's largest Q2 2020 buy was Ardelyx: 1,603 shares worth $11K.
- StepStone Group added most to US Ecology, Inc. in Q2 2020, an estimated $601K increase.
- StepStone Group's biggest Q2 2020 reduction was Datadog, cutting an estimated $13.4M.
- StepStone Group fully exited Chegg in Q2 2020, selling an estimated $530K.
- StepStone Group's ten largest holdings make up 100% of its $14.8M portfolio in Q2 2020.
- StepStone Group opened 1 new position and closed 4 in Q2 2020.
- StepStone Group's portfolio value fell 14% quarter-over-quarter to $14.8M.
Based on StepStone Group's 13F filing for Q2 2020, filed 7 Aug 2020.