StepStone Group
STEP
237 hedge funds and large institutions have $3.67B invested in StepStone Group in 2025 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 106 increasing their positions, 74 reducing their positions, and 43 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 74
1.89% less ownership
Funds ownership: 93.91% → 92.02% (-1.9%)
6% less funds holding
Funds holding: 253 → 237 (-16)
7% less capital invested
Capital invested by funds: $3.95B → $3.67B (-$286M)
33% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 43
62% less call options, than puts
Call options by funds: $104K | Put options by funds: $272K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$127M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$55.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$27.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$52.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$30.5M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$18.2M |
| 4 |
Bank of New York Mellon
New York
|
-$16M |
| 5 |
KI
Keystone Investors
Singapore
|
-$12.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Jones Financial Companies
Des Peres,
Missouri
| – | -$3.01K | -52 | Closed |
|
|
VWM
277
Venturi Wealth Management
Austin,
Texas
| – | -$2.89K | -50 | Closed |
|
|
AAP
278
Arax Advisory Partners
Denver,
Colorado
| – | -$1.5K | -26 | Closed |
|
|
VHAM
279
Van Hulzen Asset Management
El Dorado Hills,
California
| – | -$406 | -7 | Closed |
|
STEP Hedge Fund Activity: Q1 2025 in Review
237 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q1 2025, worth a combined $3.67B — down 7.2% from $3.95B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of STEP and 29 opened new positions — a net loss of 14 holders — while 74 trimmed existing stakes and 106 added.
The largest buyer was Millennium Management, adding an estimated $127M. The largest seller was CIBC Private Wealth Group, cutting an estimated $52.8M.
- 237 institutional investors held StepStone Group (STEP) as of Q1 2025, down from 253 in Q4 2024.
- Funds reported $3.67B of StepStone Group stock for Q1 2025, down 7.2% quarter-over-quarter.
- 29 funds opened new StepStone Group positions in Q1 2025 and 43 closed out, a net change of -14 holders.
- The largest StepStone Group buyer in Q1 2025 was Millennium Management, an estimated $127M added.
- The largest StepStone Group seller in Q1 2025 was CIBC Private Wealth Group, an estimated $52.8M sold.
Based on aggregated 13F filings for Q1 2025.