StepStone Group
STEP
263 hedge funds and large institutions have $3.98B invested in StepStone Group in 2026 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 100 increasing their positions, 78 reducing their positions, and 51 closing their positions.
595% more call options, than puts
Call options by funds: $28.2M | Put options by funds: $4.06M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
28% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 78
18% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 51
1.66% more ownership
Funds ownership: 100.59% → 102.26% (+1.7%)
1% more funds holding
Funds holding: 260 → 263 (+3)
22% less capital invested
Capital invested by funds: $5.11B → $3.98B (-$1.13B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$157M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$71.9M |
| 3 |
BlackRock
New York
|
+$69.4M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$64.7M |
| 5 |
SC
Samlyn Capital
New York
|
+$51.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$202M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$63M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$58.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$57M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$37.2M |
STEP Hedge Fund Activity: Q1 2026 in Review
263 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in StepStone Group (STEP) for Q1 2026, worth a combined $3.98B — down 22% from $5.11B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new STEP positions and 51 closed out — a net gain of 9 holders — while 100 added to existing stakes and 78 trimmed.
The largest buyer was Millennium Management, adding an estimated $157M. The largest seller was Invesco, cutting an estimated $202M.
- 263 institutional investors held StepStone Group (STEP) as of Q1 2026, up from 260 in Q4 2025.
- Funds reported $3.98B of StepStone Group stock for Q1 2026, down 22% quarter-over-quarter.
- 60 funds opened new StepStone Group positions in Q1 2026 and 51 closed out, a net change of +9 holders.
- The largest StepStone Group buyer in Q1 2026 was Millennium Management, an estimated $157M added.
- The largest StepStone Group seller in Q1 2026 was Invesco, an estimated $202M sold.
Based on aggregated 13F filings for Q1 2026.