StepStone Group
STEP
104 hedge funds and large institutions have $1.37B invested in StepStone Group in 2021 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 49 increasing their positions, 18 reducing their positions, and 12 closing their positions.
5,156% more call options, than puts
Call options by funds: $1.42M | Put options by funds: $27K
172% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 18
150% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 12
21% more funds holding
Funds holding: 86 → 104 (+18)
2% more capital invested
Capital invested by funds: $1.35B → $1.37B (+$24.1M)
31.97% less ownership
Funds ownership: 131.02% → 99.05% (-32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
Inherent Group
New York
|
+$31.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.6M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$15.5M |
| 4 |
JP Morgan Chase
New York
|
+$14.7M |
| 5 |
BlackRock
New York
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$64.4M |
| 2 |
Millennium Management
New York
|
-$14.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$8.15M |
| 4 |
CCM
CAAS Capital Management
New York
|
-$6.6M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$6.29M |
STEP Hedge Fund Activity: Q2 2021 in Review
104 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q2 2021, worth a combined $1.37B — up 1.8% from $1.35B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new STEP positions and 12 closed out — a net gain of 18 holders — while 49 added to existing stakes and 18 trimmed.
The largest buyer was Inherent Group, adding an estimated $31.4M. The largest seller was Fidelity Investments, cutting an estimated $64.4M.
- 104 institutional investors held StepStone Group (STEP) as of Q2 2021, up from 86 in Q1 2021.
- Funds reported $1.37B of StepStone Group stock for Q2 2021, up 1.8% quarter-over-quarter.
- 30 funds opened new StepStone Group positions in Q2 2021 and 12 closed out, a net change of +18 holders.
- The largest StepStone Group buyer in Q2 2021 was Inherent Group, an estimated $31.4M added.
- The largest StepStone Group seller in Q2 2021 was Fidelity Investments, an estimated $64.4M sold.
Based on aggregated 13F filings for Q2 2021.