StepStone Group
STEP
125 hedge funds and large institutions have $1.57B invested in StepStone Group in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 63 increasing their positions, 31 reducing their positions, and 26 closing their positions.
3,321% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $33K
103% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 31
5.47% less ownership
Funds ownership: 83.41% → 77.94% (-5.5%)
6% less funds holding
Funds holding: 133 → 125 (-8)
19% less capital invested
Capital invested by funds: $1.93B → $1.57B (-$366M)
27% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$32.3M |
| 2 |
JP Morgan Chase
New York
|
+$22.5M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$16.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$11.6M |
| 5 |
BlackRock
New York
|
+$6.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$28.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.7M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$10.1M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5.85M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.41M |
STEP Hedge Fund Activity: Q1 2022 in Review
125 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q1 2022, worth a combined $1.57B — down 19% from $1.93B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of STEP and 19 opened new positions — a net loss of 7 holders — while 31 trimmed existing stakes and 63 added.
The largest buyer was Wellington Management Group, adding an estimated $32.3M. The largest seller was Millennium Management, cutting an estimated $28.3M.
- 125 institutional investors held StepStone Group (STEP) as of Q1 2022, down from 133 in Q4 2021.
- Funds reported $1.57B of StepStone Group stock for Q1 2022, down 19% quarter-over-quarter.
- 19 funds opened new StepStone Group positions in Q1 2022 and 26 closed out, a net change of -7 holders.
- The largest StepStone Group buyer in Q1 2022 was Wellington Management Group, an estimated $32.3M added.
- The largest StepStone Group seller in Q1 2022 was Millennium Management, an estimated $28.3M sold.
Based on aggregated 13F filings for Q1 2022.