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StepStone Group

122 hedge funds and large institutions have $1.62B invested in StepStone Group in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 31 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 31

59% more call options, than puts

Call options by funds: $126K | Put options by funds: $79K

31% more capital invested

Capital invested by funds: $1.24B → $1.62B (+$389M)

2.6% more ownership

Funds ownership: 79.24%81.84% (+2.6%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less funds holding

Funds holding: 123122 (-1)

5% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 20

Holders
122
Holders Change
-1
Holders Change %
-0.81%
% of All Funds
1.94%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
19
Increased
54
Reduced
31
Closed
20
Calls
$126K
Puts
$79K
Net Calls
+$47K
Net Calls Change
+$3.33M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$10.9M +$2.28M +78,580 +30%
MC
27
Maverick Capital
Texas
$9.49M +$8.72M +300,519 New
SBH
28
Segall Bryant & Hamill
Illinois
$8.91M -$51.4K -1,771 -0.6%
Morgan Stanley
29
Morgan Stanley
New York
$8.74M -$1.08M -37,224 -12%
T. Rowe Price Associates
30
T. Rowe Price Associates
Maryland
$8.52M -$219K -7,537 -3%
IG
31
Inherent Group
New York
$6.85M
State of Wisconsin Investment Board
32
State of Wisconsin Investment Board
Wisconsin
$6.44M -$648K -22,327 -10%
Invesco
33
Invesco
Georgia
$5.33M -$128K -4,401 -3%
Envestnet Asset Management
34
Envestnet Asset Management
Illinois
$5.27M +$1.46M +50,214 +43%
Ohio Public Employees Retirement System (OPERS)
35
Ohio Public Employees Retirement System (OPERS)
Ohio
$4.83M +$200K +6,898 +5%
BAMCO Inc
36
BAMCO Inc
New York
$4.51M +$862K +29,717 +26%
Susquehanna International Group
37
Susquehanna International Group
Pennsylvania
$4.37M +$3.34M +115,175 +496%
Swiss National Bank
38
Swiss National Bank
Switzerland
$3.71M +$235K +8,100 +7%
GC
39
Gillson Capital
Illinois
$3.66M -$3.25M -111,948 -49%
Goldman Sachs
40
Goldman Sachs
New York
$3.01M -$1.07M -36,926 -28%
National Bank of Canada
41
National Bank of Canada
Quebec, Canada
$2.87M -$267K -9,191 -9%
Norges Bank
42
Norges Bank
Norway
$2.77M
Truist Financial
43
Truist Financial
North Carolina
$2.59M +$433K +14,924 +22%
Jacobs Levy Equity Management
44
Jacobs Levy Equity Management
New Jersey
$2.46M -$647K -22,287 -22%
SEI Investments
45
SEI Investments
Pennsylvania
$2.41M -$271K -9,335 -11%
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$2.29M +$22.9K +788 +1%
TD Asset Management
47
TD Asset Management
Ontario, Canada
$2.05M -$221K -7,600 -10%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$1.87M -$87.9K -3,028 -5%
UBS AM
49
UBS AM
Illinois
$1.75M +$235K +8,100 +17%
AG
50
Algert Global
California
$1.69M +$253K +8,730 +19%

STEP Hedge Fund Activity: Q3 2023 in Review

122 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q3 2023, worth a combined $1.62B — up 31% from $1.24B a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of STEP and 19 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 54 added.

The largest buyer was Millennium Management, adding an estimated $32.2M. The largest seller was JP Morgan Chase, cutting an estimated $27M.

  • 122 institutional investors held StepStone Group (STEP) as of Q3 2023, down from 123 in Q2 2023.
  • Funds reported $1.62B of StepStone Group stock for Q3 2023, up 31% quarter-over-quarter.
  • 19 funds opened new StepStone Group positions in Q3 2023 and 20 closed out, a net change of -1 holder.
  • The largest StepStone Group buyer in Q3 2023 was Millennium Management, an estimated $32.2M added.
  • The largest StepStone Group seller in Q3 2023 was JP Morgan Chase, an estimated $27M sold.

Based on aggregated 13F filings for Q3 2023.