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StepStone Group

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.

New
Increased
Maintained
Reduced
Closed

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: 253237 (-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

Holders
237
Holders Change
-16
Holders Change %
-6.32%
% of All Funds
3.18%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
29
Increased
106
Reduced
74
Closed
43
Calls
$104K
Puts
$272K
Net Calls
-$168K
Net Calls Change
-$3.17M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$31M -$952K -16,183 -3%
TIM
27
Thornburg Investment Management
New Mexico
$31M +$680K +11,567 +24%
William Blair Investment Management
28
William Blair Investment Management
Illinois
$26.8M +$1.24M +21,071 +4%
GIM
29
Granahan Investment Management
Massachusetts
$26.5M +$9.38M +159,416 +46%
Dimensional Fund Advisors
30
Dimensional Fund Advisors
Texas
$22.7M -$6.45M -109,640 -20%
CIBC Private Wealth Group
31
CIBC Private Wealth Group
Georgia
$21.7M -$52.8M -897,585 -64%
Goldman Sachs
32
Goldman Sachs
New York
$18.7M +$3.74M +63,519 +22%
Principal Financial Group
33
Principal Financial Group
Iowa
$17.2M -$6.39M -108,590 -25%
N
34
Nuveen
North Carolina
$17M +$25.2K +428 +0.1%
Bank of America
35
Bank of America
North Carolina
$14.7M +$646K +10,984 +4%
Lazard Asset Management
36
Lazard Asset Management
New York
$12.1M +$293K +4,973 +2%
Wells Fargo
37
Wells Fargo
California
$11.5M +$1.71M +29,071 +15%
Balyasny Asset Management
38
Balyasny Asset Management
Illinois
$10.9M +$10.5M +178,531 +581%
Public Sector Pension Investment Board (PSP Investments)
39
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$10.9M +$3.04M +51,685 +33%
SBH
40
Segall Bryant & Hamill
Illinois
$10.9M +$5.3M +90,052 +76%
State of Wisconsin Investment Board
41
State of Wisconsin Investment Board
Wisconsin
$9.78M +$266K +4,519 +2%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$9.26M +$354K +6,014 +4%
Legal & General Group
43
Legal & General Group
United Kingdom
$9.03M +$11.4K +194 +0.1%
Prudential Financial
44
Prudential Financial
New Jersey
$8.96M -$1.37M -23,350 -12%
Ameriprise
45
Ameriprise
Minnesota
$7.48M -$30.5M -518,647 -78%
Voloridge Investment Management
46
Voloridge Investment Management
Florida
$7.35M +$2.2M +37,478 +36%
BAMCO Inc
47
BAMCO Inc
New York
$7.34M
UBS Group
48
UBS Group
Switzerland
$7.22M +$2.24M +38,139 +38%
UBS AM
49
UBS AM
Illinois
$6.84M -$1.53M -25,998 -17%
Swiss National Bank
50
Swiss National Bank
Switzerland
$6.63M

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.