StepStone Group
STEP
187 hedge funds and large institutions have $2.79B invested in StepStone Group in 2024 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 62 increasing their positions, 49 reducing their positions, and 11 closing their positions.
427% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 11
43% more capital invested
Capital invested by funds: $1.95B → $2.79B (+$833M)
33% more funds holding
Funds holding: 141 → 187 (+46)
27% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 49
20% more call options, than puts
Call options by funds: $363K | Put options by funds: $303K
7.17% more ownership
Funds ownership: 85.32% → 92.49% (+7.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$161M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$104M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$41.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$31.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$93.8M |
| 2 |
Millennium Management
New York
|
-$53M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$48M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$24.4M |
| 5 |
JP Morgan Chase
New York
|
-$22.4M |
STEP Hedge Fund Activity: Q2 2024 in Review
187 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q2 2024, worth a combined $2.79B — up 43% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new STEP positions and 11 closed out — a net gain of 47 holders — while 62 added to existing stakes and 49 trimmed.
The largest buyer was BlackRock, adding an estimated $161M. The largest seller was Wellington Management Group, cutting an estimated $93.8M.
- 187 institutional investors held StepStone Group (STEP) as of Q2 2024, up from 141 in Q1 2024.
- Funds reported $2.79B of StepStone Group stock for Q2 2024, up 43% quarter-over-quarter.
- 58 funds opened new StepStone Group positions in Q2 2024 and 11 closed out, a net change of +47 holders.
- The largest StepStone Group buyer in Q2 2024 was BlackRock, an estimated $161M added.
- The largest StepStone Group seller in Q2 2024 was Wellington Management Group, an estimated $93.8M sold.
Based on aggregated 13F filings for Q2 2024.