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 |
DraftKings
DKNG
|
+$11.6M |
| 2 |
Freshworks
FRSH
|
+$1.7M |
| 3 |
NeueHealth
NEUE
|
+$11.1K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WalkMe Ltd. Ordinary Shares
WKME
|
+$145M |
| 2 |
Dun & Bradstreet
DNB
|
+$83.5M |
| 3 |
Rocket Lab Corp
RKLB
|
+$38.1M |
| 4 |
Doma Holdings, Inc.
DOMA
|
+$3.61M |
| 5 |
Semrush
SEMR
|
+$628K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 64.96% |
| 2 | Healthcare | 9.08% |
| 3 | Communication Services | 7.54% |
| 4 | Industrials | 7.03% |
| 5 | Technology | 6.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
DELISTED
Dun & Bradstreet
DNB
| $152M | 55.52% |
13,219,351
-7,522,875
| -36% | -$83.5M |
2021 Q4
11 quarters
|
|
2
DELISTED
MoneyLion Inc.
ML
| $25.9M | 9.44% |
622,931
| – | – |
2021 Q3
12 quarters
|
|
3
Roblox
RBLX
$36.8B
| $20.7M | 7.54% |
466,666
| – | – |
2021 Q3
12 quarters
|
|
|
4
Rocket Lab Corp
RKLB
$43.1B
| $18.8M | 6.88% |
1,936,599
-6,270,317
| -76% | -$38.1M |
2021 Q3
12 quarters
|
|
5
UiPath
PATH
$6.83B
| $16.5M | 6.01% |
1,286,527
| – | – |
2021 Q3
12 quarters
|
|
|
6
DraftKings
DKNG
$9.5B
| $12.6M | 4.6% |
+321,804
| New | +$11.6M |
2024 Q3
0 quarters
|
|
7
Entrada Therapeutics
TRDA
$202M
| $12.2M | 4.44% |
761,277
| – | – |
2021 Q4
11 quarters
|
|
8
Phathom Pharmaceuticals
PHAT
$506M
| $7.63M | 2.78% |
422,085
| – | – |
2021 Q3
12 quarters
|
|
|
9
DELISTED
NeueHealth
NEUE
| $2.75M | 1% |
527,350
+2,100
| +0.4% | +$11.1K |
2021 Q3
12 quarters
|
|
|
10
Freshworks
FRSH
$3.32B
| $1.63M | 0.59% |
+141,735
| New | +$1.7M |
2024 Q3
0 quarters
|
|
11
DELISTED
HilleVax
HLVX
| $1.45M | 0.53% |
826,569
| – | – |
2022 Q2
9 quarters
|
|
12
Tenaya Therapeutics
TNYA
$79.2M
| $892K | 0.33% |
462,163
| – | – |
2021 Q3
12 quarters
|
|
13
Grove Collaborative
GROV
$41.3M
| $514K | 0.19% |
380,383
| – | – |
2022 Q2
9 quarters
|
|
14
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| $414K | 0.15% |
147,261
| – | – |
2021 Q4
11 quarters
|
|
15
FinVolution Group
FINV
$642M
| – | – |
-52,521
| Closed | -$251K | – |
|
|
16
DELISTED
Semrush
SEMR
| – | – |
-46,875
| Closed | -$628K | – |
|
|
17
DELISTED
WalkMe Ltd. Ordinary Shares
WKME
| – | – |
-10,366,855
| Closed | -$145M | – |
|
|
18
DELISTED
Doma Holdings, Inc.
DOMA
| – | – |
-595,180
| Closed | -$3.61M | – |
|
Similar funds
StepStone Group's Q3 2024 Portfolio in Review
As of Q3 2024, StepStone Group held 18 positions worth $274M, down 44% from $493M the previous quarter. Its ten largest holdings account for 99% of the portfolio.
StepStone Group withdrew a net $258M in Q3 2024, closing 4 positions and reducing 2 holdings. Its most notable exit was WalkMe Ltd. Ordinary Shares, an estimated $145M position sold in full.
By sector, the portfolio is most concentrated in Financials at 65% of assets, up from 49% a quarter earlier, followed by Healthcare and Communication Services.
Against the trend, StepStone Group opened a new position in DraftKings worth $12.6M.
- StepStone Group's largest Q3 2024 buy was DraftKings: 321,804 shares worth $12.6M.
- StepStone Group added most to NeueHealth in Q3 2024, an estimated $11.1K increase.
- StepStone Group's biggest Q3 2024 reduction was Dun & Bradstreet, cutting an estimated $83.5M.
- StepStone Group fully exited WalkMe Ltd. Ordinary Shares in Q3 2024, selling an estimated $145M.
- StepStone Group's ten largest holdings make up 99% of its $274M portfolio in Q3 2024.
- StepStone Group opened 2 new positions and closed 4 in Q3 2024.
- StepStone Group's portfolio value fell 44% quarter-over-quarter to $274M.
Based on StepStone Group's 13F filing for Q3 2024, filed 12 Nov 2024.