Q2 2026 13F · SEC CIK 1502287
StepStone Group LP
Hedge fundFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $2.2B
- Reported positions
- 23
- Top holdings a year, 3 yrs
- -1.5%
- Assets under management
- $107.8B
StepStone Group LP is a hedge fund that reported 23 positions worth $2.2B in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Space Exploration Techn Corp (SPCX, 86.6%), Stubhub Hldgs Inc (STUB, 4.5%), Cerebras Systems Inc (CBRS, 3.5%). A portfolio copying its top holdings returned -1.5% a year over the last 3 years, against 18.9% for the S&P 500.
StepStone Group LP holdings all 23 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.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| SPCXSpace Exploration Techn Corp | 86.6% | — | $1.9B |
| STUBStubhub Hldgs Inc | 4.5% | +0.0% | $97.3M |
| CBRSCerebras Systems Inc | 3.5% | — | $75.2M |
| XNDUXanadu Quantum Technolo Ltd | 1.9% | +0.0% | $41.4M |
| 87821B109Teamshares Inc | 0.8% | — | $16.4M |
| OKUROnkure Therapeutics Inc | 0.6% | +0.0% | $12.1M |
| KRMNKarman Hldgs Inc | 0.6% | -72.5% | $12.0M |
| KDKKodiak Ai Inc | 0.3% | +0.0% | $7.2M |
| TRDAEntrada Therapeutics Inc | 0.3% | +0.0% | $5.6M |
| EIKNEikon Therapeutics Inc | 0.2% | +0.0% | $5.2M |
| PHATPhathom Pharmaceuticals Inc Com | 0.2% | +0.0% | $4.6M |
| CHYMChime Financial Inc | 0.1% | +0.0% | $3.1M |
| KLARKlarna Group PLC | 0.1% | — | $2.7M |
| DDOGDatadog Inc | 0.1% | — | $1.8M |
| NAVNNavan Inc | 0.1% | -88.0% | $1.3M |
| GENVRGen Digital Inc | 0.0% | +0.0% | $788K |
| CRWDCrowdstrike Hldgs Inc | 0.0% | — | $748K |
| GROVGrove Collaborative Hold Inc | 0.0% | +0.1% | $476K |
| TNYATenaya Therapeutics Inc | 0.0% | +0.0% | $342K |
| VIAVia Transn Inc | 0.0% | +0.0% | $290K |
| CRCLCircle Internet Group Inc | 0.0% | — | $138K |
| HOODRobinhood Mkts Inc | 0.0% | — | $79K |
| RBRKRubrik Inc. | 0.0% | — | $5K |
What StepStone Group LP bought and sold in Q2 2026, against Q1 2026.
New positions
- SPCX Space Exploration Techn Corp86.6% of 13F
- CBRS Cerebras Systems Inc3.5% of 13F
- Teamshares Inc0.8% of 13F
- KLAR Klarna Group PLC0.1% of 13F
- DDOG Datadog Inc0.1% of 13F
- CRWD Crowdstrike Hldgs Inc0.0% of 13F
- CRCL Circle Internet Group Inc0.0% of 13F
- HOOD Robinhood Mkts Inc0.0% of 13F
Added to
No position grew by more than 5%.
Reduced
- NAVN Navan Inc-88.0% shares
- KRMN Karman Hldgs Inc-72.5% shares
Sold out
- PATH Uipath Incwas 4.8%
- DKNG Draftkings Incwas 1.7%
- MDB Mongodb Incwas 0.2%
- NOW Servicenow Incwas 0.0%
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
- -14.4% /yr
- S&P 500 +20.1%
- 3 years
- -1.5% /yr
- S&P 500 +18.9%
- 5 years
- -9.5% /yr
- S&P 500 +11.2%
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.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $2.2B | 23 |
| Q1 2026 | $207.5M | 18 |
| Q4 2025 | $186.9M | 23 |
| Q3 2025 | $212.7M | 16 |
| Q2 2025 | $50.4M | 14 |
| Q1 2025 | $97.4M | 16 |
| Q4 2024 | $114.4M | 14 |
| Q3 2024 | $274.1M | 14 |
| Q2 2024 | $493.1M | 16 |
| Q1 2024 | $471.6M | 21 |
| Q4 2023 | $555.6M | 22 |
| Q3 2023 | $448.9M | 22 |
Questions about StepStone Group LP's portfolio
What stocks does StepStone Group LP own?
StepStone Group LP's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 23 positions worth $2.2B. The largest are Space Exploration Techn Corp (SPCX) at 86.6%, Stubhub Hldgs Inc (STUB) at 4.5%, Cerebras Systems Inc (CBRS) at 3.5%, Xanadu Quantum Technolo Ltd (XNDU) at 1.9% and Teamshares Inc at 0.8%.
What did StepStone Group LP buy last quarter?
In Q2 2026, StepStone Group LP added a new position in Space Exploration Techn Corp (SPCX), a new position in Cerebras Systems Inc (CBRS), a new position in Teamshares Inc, a new position in Klarna Group PLC (KLAR) and a new position in Datadog Inc (DDOG), compared with its Q1 2026 filing.
What did StepStone Group LP sell last quarter?
In Q2 2026, StepStone Group LP sold all of Uipath Inc (PATH), sold all of Draftkings Inc (DKNG), sold all of Mongodb Inc (MDB), sold all of Servicenow Inc (NOW), Navan Inc (NAVN) (-88.0% shares) and Karman Hldgs Inc (KRMN) (-72.5% shares), compared with its Q1 2026 filing.
How has StepStone Group LP's portfolio performed?
A portfolio copying StepStone Group LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned -1.5% a year over the last 3 years, against +18.9% for the S&P 500. Over 1 year: -14.4% against +20.1%. Over 5 years: -9.5% a year against +11.2%.
When is StepStone Group LP's next 13F filing due?
13F filings are due 45 days after each quarter ends. StepStone Group LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does StepStone Group LP manage?
StepStone Group LP reported $107.8B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.2B.