StepStone Group
STEP
114 hedge funds and large institutions have $1.72B invested in StepStone Group in 2021 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 51 increasing their positions, 30 reducing their positions, and 14 closing their positions.
6,485% more call options, than puts
Call options by funds: $1.78M | Put options by funds: $27K
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
70% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 30
25% more capital invested
Capital invested by funds: $1.37B → $1.72B (+$349M)
10% more funds holding
Funds holding: 104 → 114 (+10)
1.12% more ownership
Funds ownership: 99.05% → 100.17% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$63.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.6M |
| 3 |
FAM
Fred Alger Management
New York
|
+$14.1M |
| 4 |
BlackRock
New York
|
+$11.6M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$22.7M |
| 2 |
IG
Inherent Group
New York
|
-$21M |
| 3 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$20.5M |
| 4 |
JP Morgan Chase
New York
|
-$17.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.7M |
STEP Hedge Fund Activity: Q3 2021 in Review
114 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q3 2021, worth a combined $1.72B — up 25% from $1.37B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new STEP positions and 14 closed out — a net gain of 10 holders — while 51 added to existing stakes and 30 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $63.2M. The largest seller was Wellington Management Group, cutting an estimated $22.7M.
- 114 institutional investors held StepStone Group (STEP) as of Q3 2021, up from 104 in Q2 2021.
- Funds reported $1.72B of StepStone Group stock for Q3 2021, up 25% quarter-over-quarter.
- 24 funds opened new StepStone Group positions in Q3 2021 and 14 closed out, a net change of +10 holders.
- The largest StepStone Group buyer in Q3 2021 was AllianceBernstein, an estimated $63.2M added.
- The largest StepStone Group seller in Q3 2021 was Wellington Management Group, an estimated $22.7M sold.
Based on aggregated 13F filings for Q3 2021.