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 |
Paymentus
PAY
|
+$1.32M |
| 2 |
Pinduoduo
PDD
|
+$738K |
| 3 |
Sprinklr
CXM
|
+$601K |
| 4 |
Samsara
IOT
|
+$504K |
| 5 |
Rubrik
RBRK
|
+$501K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MoneyLion Inc.
ML
|
+$52.7M |
| 2 |
Kanzhun
BZ
|
+$2.03M |
| 3 |
Vacasa, Inc. Class A Common Stock
VCSA
|
+$792K |
| 4 |
Freshworks
FRSH
|
+$601K |
| 5 |
Doximity
DOCS
|
+$435K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 48.14% |
| 2 | Healthcare | 31.51% |
| 3 | Consumer Discretionary | 19.49% |
| 4 | Consumer Staples | 0.87% |
| 5 | Financials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
UiPath
PATH
$7.18B
| $16.5M | 32.65% |
1,286,527
| – | – |
2021 Q3
15 quarters
|
|
2
DraftKings
DKNG
$10.1B
| $9.2M | 18.25% |
214,536
| – | – |
2024 Q3
3 quarters
|
|
|
3
Rubrik
RBRK
$25.3B
| $5.39M | 10.69% |
60,182
+6,344
| +12% | +$501K |
2025 Q1
1 quarter
|
|
4
Entrada Therapeutics
TRDA
$169M
| $5.12M | 10.14% |
761,277
| – | – |
2021 Q4
14 quarters
|
|
5
Phathom Pharmaceuticals
PHAT
$463M
| $4.05M | 8.03% |
422,085
| – | – |
2021 Q3
15 quarters
|
|
6
DELISTED
NeueHealth
NEUE
| $3.62M | 7.19% |
525,247
| – | – |
2021 Q3
15 quarters
|
|
7
DELISTED
HilleVax
HLVX
| $1.64M | 3.26% |
826,569
| – | – |
2022 Q2
12 quarters
|
|
|
8
Paymentus
PAY
$4.08B
| $1.3M | 2.57% |
+39,573
| New | +$1.32M |
2025 Q2
0 quarters
|
|
9
OnKure Therapeutics
OKUR
$107M
| $1.18M | 2.33% |
491,938
| – | – |
2024 Q4
2 quarters
|
|
|
10
Sprinklr
CXM
$1.58B
| $635K | 1.26% |
+75,116
| New | +$601K |
2025 Q2
0 quarters
|
|
|
11
Pinduoduo
PDD
$113B
| $626K | 1.24% |
+7,032
| New | +$738K |
2025 Q2
0 quarters
|
|
|
12
Samsara
IOT
$24.1B
| $485K | 0.96% |
+12,189
| New | +$504K |
2025 Q2
0 quarters
|
|
13
Grove Collaborative
GROV
$46.1M
| $438K | 0.87% |
380,702
+319
| +0.1% | +$377 |
2022 Q2
12 quarters
|
|
14
Tenaya Therapeutics
TNYA
$87.4M
| $282K | 0.56% |
462,163
| – | – |
2021 Q3
15 quarters
|
|
15
Amplitude
AMPL
$2.09B
| – | – |
-2,235
| Closed | -$22.8K | – |
|
|
16
Kanzhun
BZ
$7.3B
| – | – |
-105,645
| Closed | -$2.03M | – |
|
|
17
Doximity
DOCS
$5.89B
| – | – |
-7,497
| Closed | -$435K | – |
|
|
18
Freshworks
FRSH
$3.84B
| – | – |
-42,586
| Closed | -$601K | – |
|
|
19
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| – | – |
-147,261
| Closed | -$792K | – |
|
|
20
DELISTED
MoneyLion Inc.
ML
| – | – |
-622,931
| Closed | -$52.7M | – |
|
Similar funds
StepStone Group's Q2 2025 Portfolio in Review
As of Q2 2025, StepStone Group held 20 positions worth $50.4M, down 48% from $97.4M the previous quarter. Its ten largest holdings account for 96% of the portfolio.
StepStone Group withdrew a net $52.9M in Q2 2025, closing 6 positions. Its most notable exit was MoneyLion Inc., an estimated $52.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 48% of assets, up from 18% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, StepStone Group opened a new position in Paymentus worth $1.3M.
- StepStone Group's largest Q2 2025 buy was Paymentus: 39,573 shares worth $1.3M.
- StepStone Group added most to Rubrik in Q2 2025, an estimated $501K increase.
- StepStone Group fully exited MoneyLion Inc. in Q2 2025, selling an estimated $52.7M.
- StepStone Group's ten largest holdings make up 96% of its $50.4M portfolio in Q2 2025.
- StepStone Group opened 4 new positions and closed 6 in Q2 2025.
- StepStone Group's portfolio value fell 48% quarter-over-quarter to $50.4M.
Based on StepStone Group's 13F filing for Q2 2025, filed 13 Aug 2025.