Stepstone Group Inc (STEP) Hedge Fund Ownership (Q2 2026)

Stepstone Group Inc (STEP)

268 + Investors. Track Smart Money conviction in STEP. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — STEP

Based on 271 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q

For 3 consecutive quarters, more hedge funds added STEP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

271 hedge funds hold STEP right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

〰️

Stable — ownership unchanged year-over-year

fund count last 6Q

The number of hedge funds holding STEP is almost the same as a year ago (+9 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.

🟡

Slight buying edge — 59% buying

180 buying123 selling

Last quarter: 180 funds bought or added vs 123 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 32 → 43 → 63 → 56. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 25% medium ■ 26% new

134 out of 271 hedge funds have held STEP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💎

Buying through price weakness — shares -1%, value -16%

Value

-15%

Last quarter: funds added -1% more shares while total portfolio value only changed -16%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

🚀

Acceleration phase — new buyers rushing in

58 → 32 → 43 → 63 → 56 new funds/Q

New funds entering each quarter: 32 → 43 → 63 → 56. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.

🏛️

Veteran-anchored — 50% veterans vs 28% newcomers

■ 50% veterans ■ 22% 1-2yr ■ 28% new

Entry-cohort mix of 280 holders: 140 (50%) are 2+ year veterans, 63 entered 1–2 years ago, and 77 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds

55 of 269 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in STEP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.7

out of 10

Low Exit Risk

Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	268	264	1.52%
13F Shares	81M	81M	-0.75%
Total Value	$3.09B	$3.67B	-15.75%
New Positions	56	63	-7
Increased Positions	123	98	+25
Closed Positions	50	58	-8
Reduced Positions	70	78	-8
Total Calls	5	3	66.67%
Total Puts	6	4	50.0%
PUT/CALL Ratio	1.2	1.33	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

268

264

1.52%

13F Shares

81M

-0.75%

Total Value

$3.09B

$3.67B

-15.75%

New Positions

-7

Increased Positions

123

+25

Closed Positions

-8

Reduced Positions

-8

Total Calls

66.67%

Total Puts

50.0%

PUT/CALL Ratio

1.2

1.33

Neutral

Institutional Holders (2026 Q2)

268 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in STEP. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 STEP holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Inherent Management Corp.	4.23%	263,729	$10.9M
2	Engle Capital Management, L.P.	3.41%	300,000	$12.4M
3	Samlyn Capital, LLC	0.85%	1,269,100	$52.5M
4	Junto Capital Management LP	0.78%	1,078,672	$44.6M
5	Delta Global Management LP	0.78%	174,120	$7.2M
6	George Kaiser Family Foundation	0.49%	124,406	$5.1M
7	Ibex Wealth Advisors	0.39%	121,785	$5.0M
8	Ceredex Value Advisors LLC	0.26%	219,650	$9.1M
9	Wasatch Advisors LP	0.25%	905,245	$37.4M
10	William Blair Investment Management, LLC	0.24%	1,930,015	$79.8M
11	Westfield Capital Management Co LP	0.23%	1,729,424	$71.5M
12	Twinbeech Capital LP	0.23%	30,400	$1.3M
13	Fieldview Capital Management, LLC	0.21%	18,199	$753K
14	Bridgefront Capital, LLC	0.21%	18,893	$781K
15	Neo Ivy Capital Management	0.20%	21,366	$884K
16	Prana Capital Management, LP	0.18%	143,222	$5.9M
17	Advent International, L.P.	0.16%	683,432	$28.3M
18	Trillium Asset Management, LLC	0.14%	106,446	$4.4M
19	Segall Bryant & Hamill, LLC	0.13%	260,788	$10.8M
20	XTX Topco Ltd	0.09%	164,013	$6.8M
21	Keebeck Wealth Management	0.08%	20,889	$864K
22	Millennium Management LLC	0.08%	5,619,498	$232.4M
23	Adage Capital Partners GP, L.L.C.	0.08%	1,391,217	$57.5M
24	Bull Harbor Capital LLC	0.08%	9,880	$409K
25	Fox Run Management, L.L.C.	0.08%	11,490	$475K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Stepstone Group Inc (STEP)

What does the Smart Money Trend signal show for STEP?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added STEP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for STEP?

Slight buying edge — 59% buying: Last quarter: 180 funds bought or added vs 123 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for STEP holders?

Elite ownership — 58% AUM from top-100 funds: 55 of 269 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in STEP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held STEP?

49% of holders stayed for 2+ years: 134 out of 271 hedge funds have held STEP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Stepstone Group Inc (STEP)

Smart Money Signals — STEP

Buying streak — 3 quarters in a row

At the ownership peak (100% of max)

Stable — ownership unchanged year-over-year

Slight buying edge — 59% buying

Fewer new buyers each quarter (-7 vs last Q)

49% of holders stayed for 2+ years

Buying through price weakness — shares -1%, value -16%

Acceleration phase — new buyers rushing in

Veteran-anchored — 50% veterans vs 28% newcomers

Elite ownership — 58% AUM from top-100 funds

Institutional Sentiment Summary — STEP

Hedge Fund Ownership: STEP

Market Analysis: STEP

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: STEP

Hedge Fund Positioning: STEP

Statistics: STEP

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Stepstone Group Inc (STEP)

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