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 |
StubHub Holdings
STUB
|
+$139M |
| 2 |
Karman Holdings
KRMN
|
+$16M |
| 3 |
Kodiak AI
KDK
|
+$15.6M |
| 4 |
Gen Digital Inc Contingent Value Rights
GENVR
|
+$5.62M |
| 5 |
Chime Financial
CHYM
|
+$4.26M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Rubrik
RBRK
|
+$5.39M |
| 2 |
DraftKings
DKNG
|
+$2.38M |
| 3 |
HilleVax
HLVX
|
+$1.64M |
| 4 |
Paymentus
PAY
|
+$1.3M |
| 5 |
Sprinklr
CXM
|
+$635K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 59.88% |
| 2 | Technology | 14.78% |
| 3 | Industrials | 9.93% |
| 4 | Healthcare | 7.05% |
| 5 | Miscellaneous | 5.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
StubHub Holdings
STUB
$2.01B
| $127M | 59.88% |
+7,562,225
| New | +$139M |
2025 Q3
0 quarters
|
|
|
2
Karman Holdings
KRMN
$5.5B
| $21.1M | 9.93% |
+292,428
| New | +$16M |
2025 Q3
0 quarters
|
|
3
UiPath
PATH
$6.84B
| $17.2M | 8.09% |
1,286,527
| – | – |
2021 Q3
16 quarters
|
|
|
4
Gen Digital Inc Contingent Value Rights
GENVR
| $11.2M | 5.27% |
+622,931
| New | +$5.62M |
2025 Q3
0 quarters
|
|
|
5
Kodiak AI
KDK
$249M
| $9.7M | 4.54% |
+1,412,928
| New | +$15.6M |
2025 Q3
0 quarters
|
|
|
6
DraftKings
DKNG
$9.5B
| $6.02M | 2.83% |
160,902
-53,634
| -25% | -$2.38M |
2024 Q3
4 quarters
|
|
7
Phathom Pharmaceuticals
PHAT
$506M
| $4.97M | 2.34% |
422,085
| – | – |
2021 Q3
16 quarters
|
|
8
Entrada Therapeutics
TRDA
$207M
| $4.42M | 2.08% |
761,277
| – | – |
2021 Q4
15 quarters
|
|
9
DELISTED
NeueHealth
NEUE
| $3.5M | 1.65% |
525,247
| – | – |
2021 Q3
16 quarters
|
|
|
10
Chime Financial
CHYM
$12.6B
| $3.03M | 1.42% |
+150,000
| New | +$4.26M |
2025 Q3
0 quarters
|
|
11
OnKure Therapeutics
OKUR
$124M
| $1.35M | 0.64% |
491,938
| – | – |
2024 Q4
3 quarters
|
|
12
Via Transportation Inc
VIA
$3.43B
| $769K | 0.36% |
+16,002
| New | +$792K |
2025 Q3
0 quarters
|
|
13
Tenaya Therapeutics
TNYA
$79.5M
| $749K | 0.35% |
462,163
| – | – |
2021 Q3
16 quarters
|
|
14
MongoDB
MDB
$27.3B
| $688K | 0.32% |
+2,217
| New | +$570K |
2025 Q3
0 quarters
|
|
15
Grove Collaborative
GROV
$43.4M
| $571K | 0.27% |
380,702
| – | – |
2022 Q2
13 quarters
|
|
16
Samsara
IOT
$24.3B
| $76.7K | 0.04% |
2,060
-10,129
| -83% | -$376K |
2025 Q2
1 quarter
|
|
|
17
Sprinklr
CXM
$1.54B
| – | – |
-75,116
| Closed | -$635K | – |
|
|
18
DELISTED
HilleVax
HLVX
| – | – |
-826,569
| Closed | -$1.64M | – |
|
|
19
Paymentus
PAY
$4.26B
| – | – |
-39,573
| Closed | -$1.3M | – |
|
20
Pinduoduo
PDD
$110B
| – | – |
-7,032
| Closed | -$626K | – |
|
|
21
Rubrik
RBRK
$22.8B
| – | – |
-60,182
| Closed | -$5.39M | – |
|
Similar funds
StepStone Group's Q3 2025 Portfolio in Review
As of Q3 2025, StepStone Group held 21 positions worth $213M, up 322% from $50.4M the previous quarter. Its ten largest holdings account for 98% of the portfolio.
StepStone Group deployed $169M of net new capital in Q3 2025, opening 7 new positions. Its largest new stake was StubHub Holdings: 7,562,225 shares worth $127M.
By sector, the portfolio is most concentrated in Communication Services at 60% of assets, up from 0% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was DraftKings, an estimated $2.38M trimmed.
- StepStone Group's largest Q3 2025 buy was StubHub Holdings: 7,562,225 shares worth $127M.
- StepStone Group's biggest Q3 2025 reduction was DraftKings, cutting an estimated $2.38M.
- StepStone Group fully exited Rubrik in Q3 2025, selling an estimated $5.39M.
- StepStone Group's ten largest holdings make up 98% of its $213M portfolio in Q3 2025.
- StepStone Group opened 7 new positions and closed 5 in Q3 2025.
- StepStone Group's portfolio value rose 322% quarter-over-quarter to $213M.
Based on StepStone Group's 13F filing for Q3 2025, filed 14 Nov 2025.