StepStone Group
STEP
127 hedge funds and large institutions have $1.27B invested in StepStone Group in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 56 increasing their positions, 32 reducing their positions, and 18 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 32
33% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 18
2.09% more ownership
Funds ownership: 77.94% → 80.03% (+2.1%)
2% more funds holding
Funds holding: 125 → 127 (+2)
19% less capital invested
Capital invested by funds: $1.57B → $1.27B (-$293M)
100% less call options, than puts
Call options by funds: $7K | Put options by funds: $5.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$66.8M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$17.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$12.5M |
| 4 |
BlackRock
New York
|
+$9.7M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$7.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$45M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$23.2M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$11M |
| 4 |
FAM
Fred Alger Management
New York
|
-$11M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.43M |
STEP Hedge Fund Activity: Q2 2022 in Review
127 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q2 2022, worth a combined $1.27B — down 19% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new STEP positions and 18 closed out — a net gain of 6 holders — while 56 added to existing stakes and 32 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $66.8M. The largest seller was Federated Hermes, cutting an estimated $45M.
- 127 institutional investors held StepStone Group (STEP) as of Q2 2022, up from 125 in Q1 2022.
- Funds reported $1.27B of StepStone Group stock for Q2 2022, down 19% quarter-over-quarter.
- 24 funds opened new StepStone Group positions in Q2 2022 and 18 closed out, a net change of +6 holders.
- The largest StepStone Group buyer in Q2 2022 was Wellington Management Group, an estimated $66.8M added.
- The largest StepStone Group seller in Q2 2022 was Federated Hermes, an estimated $45M sold.
Based on aggregated 13F filings for Q2 2022.