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StepStone Group

124 hedge funds and large institutions have $1.2B invested in StepStone Group in 2022 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 42 increasing their positions, 47 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.19% less ownership

Funds ownership: 80.08%79.9% (-0.19%)

3% less funds holding

Funds holding: 128124 (-4)

6% less capital invested

Capital invested by funds: $1.27B → $1.2B (-$72.3M)

11% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 47

17% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 18

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
124
Holders Change
-4
Holders Change %
-3.13%
% of All Funds
2.14%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
42
Reduced
47
Closed
18
Calls
$125K
Puts
Net Calls
+$125K
Net Calls Change
+$7.76M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Investment Management
1
T. Rowe Price Investment Management
Maryland
$131M +$145M +5,334,759 New
Vanguard Group
2
Vanguard Group
Pennsylvania
$117M -$1.9M -69,899 -1%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$109M +$6.73M +246,916 +6%
JP Morgan Chase
4
JP Morgan Chase
New York
$98.7M -$1.24M -45,371 -1%
BlackRock
5
BlackRock
New York
$79.7M -$719K -26,402 -0.8%
AllianceBernstein
6
AllianceBernstein
Tennessee
$73.7M -$4.99M -183,182 -6%
FAM
7
Fred Alger Management
New York
$73.5M -$19.4M -713,544 -19%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$67.9M -$5.39M -197,874 -7%
WA
9
Wasatch Advisors
Utah
$64.8M +$1.58M +57,919 +2%
Capital World Investors
10
Capital World Investors
California
$59.2M +$7.84M +287,800 +14%
Federated Hermes
11
Federated Hermes
Pennsylvania
$37.2M
Geode Capital Management
12
Geode Capital Management
Massachusetts
$25.5M +$547K +20,083 +2%
State Street
13
State Street
Massachusetts
$24.6M +$754K +27,696 +3%
American Century Companies
14
American Century Companies
Missouri
$20M +$21.9M +805,887 +9,661%
Westfield Capital Management
15
Westfield Capital Management
Massachusetts
$18.8M -$272K -9,971 -1%
Capital Research Global Investors
16
Capital Research Global Investors
California
$15.3M
Loomis, Sayles & Company
17
Loomis, Sayles & Company
Massachusetts
$13.5M -$145K -5,319 -1%
Renaissance Technologies
18
Renaissance Technologies
New York
$11.7M -$972K -35,700 -7%
Northern Trust
19
Northern Trust
Illinois
$11.7M +$59.8K +2,195 +0.5%
SSA
20
Schonfeld Strategic Advisors
New York
$11M +$12.2M +447,100 New
N
21
Nuveen
North Carolina
$10.8M -$3.76M -137,930 -24%
Morgan Stanley
22
Morgan Stanley
New York
$10.2M -$49K -1,799 -0.4%
Charles Schwab
23
Charles Schwab
California
$9.78M +$199K +7,318 +2%
Bank of America
24
Bank of America
North Carolina
$7.69M -$1.54M -56,415 -15%
Adage Capital Partners
25
Adage Capital Partners
Massachusetts
$6.67M -$3M -110,235 -29%

STEP Hedge Fund Activity: Q3 2022 in Review

124 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q3 2022, worth a combined $1.2B — down 5.7% from $1.27B a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of STEP and 15 opened new positions — a net loss of 3 holders — while 47 trimmed existing stakes and 42 added.

The largest buyer was American Century Companies, adding an estimated $21.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $141M.

  • 124 institutional investors held StepStone Group (STEP) as of Q3 2022, down from 128 in Q2 2022.
  • Funds reported $1.2B of StepStone Group stock for Q3 2022, down 5.7% quarter-over-quarter.
  • 15 funds opened new StepStone Group positions in Q3 2022 and 18 closed out, a net change of -3 holders.
  • The largest StepStone Group buyer in Q3 2022 was American Century Companies, an estimated $21.9M added.
  • The largest StepStone Group seller in Q3 2022 was T. Rowe Price Associates, an estimated $141M sold.

Based on aggregated 13F filings for Q3 2022.