Q2 2026 13F · SEC CIK 2091341

Step Capital Management Pte. Ltd.

Hedge fundFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $324.8M
Reported positions: 21
Holdings vs S&P 500, 3 yrs: —
Average holding period: 3 qtrs

Step Capital Management Pte. Ltd. is a hedge fund that reported 21 positions worth $324.8M in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Micron Technology Inc (MU, 47.1%), Moderna Inc (MRNA, 15.0%), Intel Corp (INTC, 8.6%).

Step Capital Management Pte. Ltd. holdings all 21 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Step Capital Management Pte. Ltd. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MUMicron Technology Inc	47.1%	21.8%	132,500	-17.4%	$152.9M
MRNAModerna Inc	15.0%	13.2%	695,000	+7.8%	$48.7M
INTCIntel Corp	8.6%	6.2%	200,000	-42.9%	$27.9M
AVGOBroadcom Inc	5.8%	6.2%	50,000	+0.0%	$18.9M
BILIBilibili Inc	5.2%	9.1%	1,000,000	+0.0%	$17.0M
ECHOEchoStar Corp	4.1%	0.5%	130,000	+1200.0%	$13.2M
AMDAdvanced Micro Devices Inc	3.6%	15.7%	20,000	-89.6%	$11.6M
PDDPdd Holdings Inc	1.8%	3.1%	75,000	+0.0%	$5.7M
ORCLOracle Corp	1.7%	1.2%	38,200	+95.9%	$5.6M
PYPLPaypal Hldgs Inc	1.4%	1.9%	105,000	+0.0%	$4.5M
CMCSAComcast Corp New	1.3%	0.8%	175,000	+150.0%	$4.3M
VIPSVipshop Holdings Ltd	1.0%	0.8%	252,141	+90.8%	$3.3M
CROXCrocs Inc	0.7%	1.0%	20,000	-34.6%	$2.4M
MOSMosaic Co	0.7%	1.0%	100,000	+0.0%	$2.1M
COINCoinbase Global Inc	0.5%	6.4%	10,000	-89.0%	$1.5M
XPEVXpeng Inc	0.4%	0.7%	105,000	+0.0%	$1.4M
DOCUDocusign Inc	0.4%	0.6%	30,000	+0.0%	$1.3M
TEMTempus Ai Inc	0.4%	0.4%	20,000	+0.0%	$1.2M
PBRPetroleo Brasileiro S A Sponsored ADR (b	0.3%	0.5%	60,000	+0.0%	$878K
TSLATesla Inc	0.1%	0.1%	525	+0.0%	$221K
86887P309Cea Industries Inc	0.0%	0.0%	25,000	+0.0%	$68K

What Step Capital Management Pte. Ltd. bought and sold in Q2 2026, against Q1 2026.

New positions

No new positions among the largest holdings.

Added to

ECHO EchoStar Corp+1200.0% shares
CMCSA Comcast Corp New+150.0% shares
ORCL Oracle Corp+95.9% shares
VIPS Vipshop Holdings Ltd+90.8% shares
MRNA Moderna Inc+7.8% shares

Reduced

AMD Advanced Micro Devices Inc-89.6% shares
COIN Coinbase Global Inc-89.0% shares
INTC Intel Corp-42.9% shares
CROX Crocs Inc-34.6% shares
MU Micron Technology Inc-17.4% shares

Sold out

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +119.0% /yr; S&P 500 +13.5%
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$324.8M	21
Q1 2026	$249.1M	27
Q4 2025	$189.2M	21

Questions about Step Capital Management Pte. Ltd.'s portfolio

What stocks does Step Capital Management Pte. Ltd. own?

Step Capital Management Pte. Ltd.'s latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 21 positions worth $324.8M. The largest are Micron Technology Inc (MU) at 47.1%, Moderna Inc (MRNA) at 15.0%, Intel Corp (INTC) at 8.6%, Broadcom Inc (AVGO) at 5.8% and Bilibili Inc (BILI) at 5.2%.

What did Step Capital Management Pte. Ltd. buy last quarter?

In Q2 2026, Step Capital Management Pte. Ltd. added EchoStar Corp (ECHO) (+1200.0% shares), Comcast Corp New (CMCSA) (+150.0% shares) and Oracle Corp (ORCL) (+95.9% shares), compared with its Q1 2026 filing.

What did Step Capital Management Pte. Ltd. sell last quarter?

In Q2 2026, Step Capital Management Pte. Ltd. sold all of Nvidia Corporation (NVDA), sold all of Ishares Bitcoin Trust ETF (IBIT), sold all of Alphabet Inc (GOOG), sold all of Duolingo Inc (DUOL), sold all of Circle Internet Group Inc (CRCL), Advanced Micro Devices Inc (AMD) (-89.6% shares), Coinbase Global Inc (COIN) (-89.0% shares) and Intel Corp (INTC) (-42.9% shares), compared with its Q1 2026 filing.

When is Step Capital Management Pte. Ltd.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Step Capital Management Pte. Ltd.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.