1y return−18.7%S&P 500 +20.9%
3y return−1.9%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2023: $99 against $182 in the S&P 500.2
StepStone Group LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SPCXSpace Exploration Techn Corp | $1.9B | 86.6% | New |
| STUBStubhub Hldgs Inc | $97.3M | 4.5% | |
| CBRSCerebras Systems Inc | $75.2M | 3.5% | New |
| XNDUXanadu Quantum Technolo Ltd | $41.4M | 1.9% | |
| TMSTeamshares Inc | $16.4M | 0.8% | New |
| OKUROnkure Therapeutics Inc | $12.1M | 0.6% | |
| KRMNKarman Hldgs Inc | $12.0M | 0.6% | −72.5% |
| KDKKodiak Ai Inc | $7.2M | 0.3% | |
| TRDAEntrada Therapeutics Inc | $5.6M | 0.3% | |
| EIKNEikon Therapeutics Inc | $5.2M | 0.2% | |
| PHATPhathom Pharmaceuticals Inc. | $4.6M | 0.2% | |
| CHYMChime Finl Inc | $3.1M | 0.1% | |
| Klarna Group PLCCUSIP G5279N105 | $2.7M | 0.1% | New |
| DDOGDatadog Inc | $1.8M | 0.1% | New |
| NAVNNavan Inc | $1.3M | 0.1% | −88.0% |
| GENVRGen Digital Inc | $788K | 0.0% | |
| CRWDCrowdstrike Hldgs Inc | $748K | 0.0% | New |
| GROVGrove Collaborative Hold Inc | $476K | 0.0% | |
| TNYATenaya Therapeutics Inc | $342K | 0.0% | |
| VIAVia Transn Inc | $290K | 0.0% | |
| CRCLCircle Internet Group Inc | $138K | 0.0% | New |
| HOODRobinhood Mkts Inc | $79K | 0.0% | New |
| RBRKRubrik Inc | $4,817 | 0.0% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| XNDUXanadu Quantum Technolo Ltd | March 31, 2026 | +58.1% | $41.4M |
| NAVNNavan Inc | December 31, 2025 | +33.9% | $1.3M |
| EIKNEikon Therapeutics Inc | March 31, 2026 | +23.3% | $5.2M |
| CHYMChime Finl Inc | September 30, 2025 | +1.5% | $3.1M |
| STUBStubhub Hldgs Inc | September 30, 2025 | −23.6% | $97.3M |
| KDKKodiak Ai Inc | September 30, 2025 | −25.7% | $7.2M |
| GROVGrove Collaborative Hold Inc | June 30, 2023 | −29.4% | $476K |
| KRMNKarman Hldgs Inc | September 30, 2025 | −30.9% | $12.0M |
| OKUROnkure Therapeutics Inc | December 31, 2024 | −47.0% | $12.1M |
| TRDAEntrada Therapeutics Inc | December 31, 2021 | −57.0% | $5.6M |
Sold off last quarter
- PATHUipath, Inc. was $10.0M
- DKNGDraftkings Inc New was $3.5M
- MDBMongodb Inc. was $497K
- NOWServicenow Inc was $67K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +19.4% | +14.8% |
| March 31, 2026 | −27.8% | −4.6% |
| December 31, 2025 | −5.8% | +2.4% |
| September 30, 2025 | +0.0% | +7.8% |
| June 30, 2025 | +5.7% | +10.5% |
| March 31, 2025 | −13.6% | −4.6% |
| December 31, 2024 | +27.5% | +2.1% |
| September 30, 2024 | +0.0% | +5.4% |
| June 30, 2024 | +6.8% | +4.0% |
| March 31, 2024 | −12.1% | +10.0% |
| December 31, 2023 | +24.9% | +11.2% |
| September 30, 2023 | −11.6% | −3.6% |
| June 30, 2023 | +0.9% | +8.3% |
| December 31, 2022 | +10.8% | +7.1% |
| September 30, 2022 | −11.4% | −5.3% |
| June 30, 2022 | −30.5% | −16.5% |
| March 31, 2022 | −24.2% | −4.9% |
| December 31, 2021 | −32.7% | +10.7% |
| September 30, 2021 | +33.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: StepStone Group LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1502287&type=13F-HR&dateb=&owner=include&count=40CIK 1502287
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1502287/000119312526349455/Filed August 13, 2026 · accession 0001193125-26-349455