StepStone Group
STEP
133 hedge funds and large institutions have $1.93B invested in StepStone Group in 2021 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 66 increasing their positions, 24 reducing their positions, and 14 closing their positions.
432% more call options, than puts
Call options by funds: $1.9M | Put options by funds: $357K
175% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 24
143% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 14
17% more funds holding
Funds holding: 114 → 133 (+19)
12% more capital invested
Capital invested by funds: $1.72B → $1.93B (+$207M)
16.76% less ownership
Funds ownership: 100.17% → 83.41% (-17%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$49.7M |
| 2 |
FAM
Fred Alger Management
New York
|
+$46.4M |
| 3 |
Millennium Management
New York
|
+$46.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$44.9M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$35M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$35M |
| 3 |
IG
Inherent Group
New York
|
-$12.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.99M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$6.32M |
STEP Hedge Fund Activity: Q4 2021 in Review
133 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q4 2021, worth a combined $1.93B — up 12% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new STEP positions and 14 closed out — a net gain of 20 holders — while 66 added to existing stakes and 24 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $49.7M. The largest seller was Fidelity Investments, cutting an estimated $35M.
- 133 institutional investors held StepStone Group (STEP) as of Q4 2021, up from 114 in Q3 2021.
- Funds reported $1.93B of StepStone Group stock for Q4 2021, up 12% quarter-over-quarter.
- 34 funds opened new StepStone Group positions in Q4 2021 and 14 closed out, a net change of +20 holders.
- The largest StepStone Group buyer in Q4 2021 was AllianceBernstein, an estimated $49.7M added.
- The largest StepStone Group seller in Q4 2021 was Fidelity Investments, an estimated $35M sold.
Based on aggregated 13F filings for Q4 2021.