StepStone Group
STEP
208 hedge funds and large institutions have $3.79B invested in StepStone Group in 2024 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 96 increasing their positions, 52 reducing their positions, and 16 closing their positions.
2,506% more call options, than puts
Call options by funds: $443K | Put options by funds: $17K
144% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 16
85% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 52
36% more capital invested
Capital invested by funds: $2.79B → $3.79B (+$1B)
11% more funds holding
Funds holding: 187 → 208 (+21)
0.11% less ownership
Funds ownership: 92.49% → 92.38% (-0.11%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$122M |
| 2 |
BlackRock
New York
|
+$73.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$61.4M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$56.6M |
| 5 |
KI
Keystone Investors
Singapore
|
+$28.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$34.8M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$30.9M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$26.2M |
| 4 |
FAM
Fred Alger Management
New York
|
-$16.3M |
| 5 |
Millennium Management
New York
|
-$14.8M |
STEP Hedge Fund Activity: Q3 2024 in Review
208 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q3 2024, worth a combined $3.79B — up 36% from $2.79B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new STEP positions and 16 closed out — a net gain of 23 holders — while 96 added to existing stakes and 52 trimmed.
The largest buyer was Invesco, adding an estimated $122M. The largest seller was JP Morgan Chase, cutting an estimated $34.8M.
- 208 institutional investors held StepStone Group (STEP) as of Q3 2024, up from 187 in Q2 2024.
- Funds reported $3.79B of StepStone Group stock for Q3 2024, up 36% quarter-over-quarter.
- 39 funds opened new StepStone Group positions in Q3 2024 and 16 closed out, a net change of +23 holders.
- The largest StepStone Group buyer in Q3 2024 was Invesco, an estimated $122M added.
- The largest StepStone Group seller in Q3 2024 was JP Morgan Chase, an estimated $34.8M sold.
Based on aggregated 13F filings for Q3 2024.