StepStone Group
STEP
118 hedge funds and large institutions have $1.24B invested in StepStone Group in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 49 increasing their positions, 38 reducing their positions, and 17 closing their positions.
38% more call options, than puts
Call options by funds: $18K | Put options by funds: $13K
29% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 38
3% more capital invested
Capital invested by funds: $1.2B → $1.24B (+$37.4M)
0.46% less ownership
Funds ownership: 79.9% → 79.44% (-0.46%)
5% less funds holding
Funds holding: 124 → 118 (-6)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$12.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.85M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$6.83M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$5.64M |
| 5 |
BlackRock
New York
|
+$5.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$9.96M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$9.49M |
| 3 |
FAM
Fred Alger Management
New York
|
-$6.46M |
| 4 |
Morgan Stanley
New York
|
-$3.51M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VI
126
Versor Investments
New York
| – | -$247K | -10,090 | Closed |
|
127
Verition Fund Management
Greenwich,
Connecticut
| – | -$215K | -8,792 | Closed |
|
|
AG
128
Algert Global
San Francisco,
California
| – | -$215K | -8,767 | Closed |
|
129
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$67K | -1,982 | Closed |
|
130
Ensign Peak Advisors
Salt Lake City,
Utah
| – | -$29K | -1,170 | Closed |
|
|
BWA
131
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$6K | -256 | Closed |
|
|
QCG
132
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$5K | -194 | Closed |
|
|
CFD
133
Creative Financial Designs
Kokomo,
Indiana
| – | -$3K | -134 | Closed |
|
|
TWA
134
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3K | -118 | Closed |
|
|
C
135
Covestor
London,
United Kingdom
| – | -$84 | -3 | -14% |
|
STEP Hedge Fund Activity: Q4 2022 in Review
118 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q4 2022, worth a combined $1.24B — up 3.1% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of STEP and 12 opened new positions — a net loss of 5 holders — while 38 trimmed existing stakes and 49 added.
The largest buyer was American Century Companies, adding an estimated $12.3M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $9.96M.
- 118 institutional investors held StepStone Group (STEP) as of Q4 2022, down from 124 in Q3 2022.
- Funds reported $1.24B of StepStone Group stock for Q4 2022, up 3.1% quarter-over-quarter.
- 12 funds opened new StepStone Group positions in Q4 2022 and 17 closed out, a net change of -5 holders.
- The largest StepStone Group buyer in Q4 2022 was American Century Companies, an estimated $12.3M added.
- The largest StepStone Group seller in Q4 2022 was T. Rowe Price Investment Management, an estimated $9.96M sold.
Based on aggregated 13F filings for Q4 2022.