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StepStone Group

123 hedge funds and large institutions have $1.24B invested in StepStone Group in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 46 increasing their positions, 39 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 39

14% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 21

3% more funds holding

Funds holding: 120123 (+3)

2% more capital invested

Capital invested by funds: $1.21B → $1.24B (+$28.5M)

0.03% more ownership

Funds ownership: 79.21%79.24% (+0.03%)

97% less call options, than puts

Call options by funds: $104K | Put options by funds: $3.38M

Holders
123
Holders Change
+3
Holders Change %
+2.5%
% of All Funds
1.93%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
24
Increased
46
Reduced
39
Closed
21
Calls
$104K
Puts
$3.38M
Net Calls
-$3.28M
Net Calls Change
-$2.79M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
26
T. Rowe Price Associates
Maryland
$6.88M +$11.6K +506 +0.2%
Bank of America
27
Bank of America
North Carolina
$6.59M -$755K -32,862 -11%
PI
28
Putnam Investments
Massachusetts
$6.21M +$2.39M +104,272 +71%
GC
29
Gillson Capital
Illinois
$5.65M +$1.09M +47,294 +26%
State of Wisconsin Investment Board
30
State of Wisconsin Investment Board
Wisconsin
$5.61M -$89.2K -3,885 -2%
Balyasny Asset Management
31
Balyasny Asset Management
Illinois
$5.53M +$5.12M +222,869 New
IG
32
Inherent Group
New York
$5.38M
Invesco
33
Invesco
Georgia
$4.29M +$621K +27,040 +19%
Grantham, Mayo, Van Otterloo & Co (GMO)
34
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$4.14M +$3.83M +166,849 New
Ohio Public Employees Retirement System (OPERS)
35
Ohio Public Employees Retirement System (OPERS)
Ohio
$3.62M +$3.05K +133 +0.1%
Goldman Sachs
36
Goldman Sachs
New York
$3.28M -$537K -23,370 -15%
Qube Research & Technologies (QRT)
37
Qube Research & Technologies (QRT)
United Kingdom
$3.03M +$794K +34,565 +39%
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$2.89M -$76.1K -3,312 -3%
BAMCO Inc
39
BAMCO Inc
New York
$2.8M +$765K +33,332 +42%
Swiss National Bank
40
Swiss National Bank
Switzerland
$2.71M +$50.5K +2,200 +2%
Jacobs Levy Equity Management
41
Jacobs Levy Equity Management
New Jersey
$2.49M +$2.3M +100,206 New
National Bank of Canada
42
National Bank of Canada
Quebec, Canada
$2.47M +$2.37M +103,253 New
Norges Bank
43
Norges Bank
Norway
$2.18M
SEI Investments
44
SEI Investments
Pennsylvania
$2.13M +$84.9K +3,696 +5%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
45
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$1.96M +$1.81M +79,000 New
TD Asset Management
46
TD Asset Management
Ontario, Canada
$1.8M -$64.3K -2,800 -4%
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$1.78M +$27.6K +1,203 +2%
ECM
48
ExodusPoint Capital Management
New York
$1.68M -$87.5K -3,812 -5%
Truist Financial
49
Truist Financial
North Carolina
$1.67M -$37.5K -1,634 -2%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$1.54M -$44.6K -1,943 -3%

STEP Hedge Fund Activity: Q2 2023 in Review

123 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q2 2023, worth a combined $1.24B — up 2.4% from $1.21B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new STEP positions and 21 closed out — a net gain of 3 holders — while 46 added to existing stakes and 39 trimmed.

The largest buyer was Millennium Management, adding an estimated $14.6M. The largest seller was Schonfeld Strategic Advisors, cutting an estimated $18.2M.

  • 123 institutional investors held StepStone Group (STEP) as of Q2 2023, up from 120 in Q1 2023.
  • Funds reported $1.24B of StepStone Group stock for Q2 2023, up 2.4% quarter-over-quarter.
  • 24 funds opened new StepStone Group positions in Q2 2023 and 21 closed out, a net change of +3 holders.
  • The largest StepStone Group buyer in Q2 2023 was Millennium Management, an estimated $14.6M added.
  • The largest StepStone Group seller in Q2 2023 was Schonfeld Strategic Advisors, an estimated $18.2M sold.

Based on aggregated 13F filings for Q2 2023.