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 |
Roblox
RBLX
|
+$4.1M |
| 2 |
Kanzhun
BZ
|
+$1.35M |
| 3 |
Uber
UBER
|
+$142K |
| 4 |
Mirum Pharmaceuticals
MIRM
|
+$138K |
| 5 |
Couchbase
BASE
|
+$108K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UiPath
PATH
|
+$8.9M |
| 2 |
Dun & Bradstreet
DNB
|
+$8.18M |
| 3 |
Sprinklr
CXM
|
+$2.22M |
| 4 |
Toast
TOST
|
+$737K |
| 5 |
Braze
BRZE
|
+$270K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 54.01% |
| 2 | Technology | 26.03% |
| 3 | Industrials | 8.38% |
| 4 | Healthcare | 6.42% |
| 5 | Communication Services | 5.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
DELISTED
Dun & Bradstreet
DNB
| $248M | 44.73% |
21,239,288
-802,938
| -4% | -$8.18M |
2021 Q4
8 quarters
|
|
2
DELISTED
WalkMe Ltd. Ordinary Shares
WKME
| $111M | 19.91% |
10,366,855
| – | – |
2021 Q3
9 quarters
|
|
3
DELISTED
MoneyLion Inc.
ML
| $48.8M | 8.79% |
779,050
| – | – |
2021 Q3
9 quarters
|
|
4
Rocket Lab Corp
RKLB
$41.4B
| $45.4M | 8.17% |
8,206,916
| – | – |
2021 Q3
9 quarters
|
|
|
5
UiPath
PATH
$6.92B
| $33.7M | 6.07% |
1,357,840
-455,980
| -25% | -$8.9M |
2021 Q3
9 quarters
|
|
|
6
Roblox
RBLX
$35.7B
| $26.5M | 4.76% |
578,563
+111,016
| +24% | +$4.1M |
2021 Q3
9 quarters
|
|
7
DELISTED
HilleVax
HLVX
| $13.3M | 2.39% |
826,569
+2
| +0% | +$27 |
2022 Q2
6 quarters
|
|
8
Entrada Therapeutics
TRDA
$199M
| $11.5M | 2.07% |
761,277
| – | – |
2021 Q4
8 quarters
|
|
9
DELISTED
NeueHealth
NEUE
| $4.01M | 0.72% |
525,252
| – | – |
2021 Q3
9 quarters
|
|
10
Phathom Pharmaceuticals
PHAT
$493M
| $3.85M | 0.69% |
422,085
| – | – |
2021 Q3
9 quarters
|
|
11
DELISTED
Doma Holdings, Inc.
DOMA
| $2.76M | 0.5% |
595,180
+3
| +0% | +$15 |
2021 Q3
9 quarters
|
|
12
Tenaya Therapeutics
TNYA
$79.6M
| $1.5M | 0.27% |
462,163
| – | – |
2021 Q3
9 quarters
|
|
|
13
Kanzhun
BZ
$5.67B
| $1.43M | 0.26% |
+86,189
| New | +$1.35M |
2023 Q4
0 quarters
|
|
|
NGM
14
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $1.35M | 0.24% |
1,573,357
| – | – |
2021 Q3
9 quarters
|
|
15
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| $1.2M | 0.22% |
147,261
| – | – |
2021 Q4
8 quarters
|
|
16
Grove Collaborative
GROV
$44.7M
| $673K | 0.12% |
380,383
| – | – |
2022 Q2
6 quarters
|
|
|
17
Uber
UBER
$142B
| $167K | 0.03% |
+2,718
| New | +$142K |
2023 Q4
0 quarters
|
|
|
18
Mirum Pharmaceuticals
MIRM
$6.14B
| $135K | 0.02% |
+4,568
| New | +$138K |
2023 Q4
0 quarters
|
|
|
19
DELISTED
Couchbase
BASE
| $133K | 0.02% |
+5,918
| New | +$108K |
2023 Q4
0 quarters
|
|
20
Sera Prognostics
SERA
$79.9M
| $61.2K | 0.01% |
+10,241
| New | +$29.7K |
2023 Q4
0 quarters
|
|
21
QuantumScape Corp
QS
$2.28B
| $56.1K | 0.01% |
+8,079
| New | +$50.9K |
2023 Q4
0 quarters
|
|
|
AMRS
22
DELISTED
Amyris Inc.
AMRS
| $7 | ﹤0.01% |
2,816
| – | – |
2022 Q4
4 quarters
|
|
|
23
Braze
BRZE
$5.3B
| – | – |
-5,779
| Closed | -$270K | – |
|
|
24
Sprinklr
CXM
$1.58B
| – | – |
-160,509
| Closed | -$2.22M | – |
|
25
Freshworks
FRSH
$3.32B
| – | – |
-91,293
| Closed | -$236K | – |
|
Similar funds
StepStone Group's Q4 2023 Portfolio in Review
As of Q4 2023, StepStone Group held 28 positions worth $556M, up 31% from $423M the previous quarter. Its ten largest holdings account for 98% of the portfolio.
StepStone Group's Q4 2023 filing shows 6 new, 3 increased, 2 reduced and 6 closed positions. Its largest new stake was Kanzhun: 86,189 shares worth $1.43M. The largest sale was UiPath, an estimated $8.9M.
By sector, the portfolio is most concentrated in Financials at 54% of assets, down from 57% a quarter earlier, followed by Technology and Industrials.
- StepStone Group's largest Q4 2023 buy was Kanzhun: 86,189 shares worth $1.43M.
- StepStone Group added most to Roblox in Q4 2023, an estimated $4.1M increase.
- StepStone Group's biggest Q4 2023 reduction was UiPath, cutting an estimated $8.9M.
- StepStone Group fully exited Sprinklr in Q4 2023, selling an estimated $2.22M.
- StepStone Group's ten largest holdings make up 98% of its $556M portfolio in Q4 2023.
- StepStone Group opened 6 new positions and closed 6 in Q4 2023.
- StepStone Group's portfolio value rose 31% quarter-over-quarter to $556M.
Based on StepStone Group's 13F filing for Q4 2023, filed 13 Feb 2024.