Step Capital Management Pte. Ltd.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Step Capital Management Pte. Ltd. reported 27 stock positions worth $249.1 million. Its top holding was Micron Technology (MU) at 21.8% of the portfolio, followed by Advanced Micro Devices (AMD, 15.7%) and Moderna (MRNA, 13.2%). Compared with Q4 2025, it opened 7 new positions, sold out of 1, added to 5 and reduced 2. The biggest buy was a new position in Broadcom (AVGO) and the biggest sale Micron Technology (MU, shares −17%).

Most Recent 13F
Q2 2026
Location
SINGAPORE, U0
CIK
0002091341
Portfolio Value
$249.1M (Q1 2026)
SEC Filing
0002091341-26-000003 ↗ filed May 12, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q4 2025: $189.2M Q4 2025 Q1 2026: $249.1M $249.1M Q1 2026 Q2 2026: $324.8M Q2 2026

Holdings 27 stocks · $249.1M
MU Micron Technology Inc. 21.77% 160,500 $54.2M Reduce -16.6%
AMD Advanced Micro Devices 15.72% 192,500 $39.2M Add +28.3%
MRNA Moderna Inc. 13.15% 645,000 $32.8M No change
BILI Bilibili Inc.-Sponsored ADR 9.06% 1,000,000 $22.6M No change
COIN Coinbase Global Inc. Class A 6.37% 90,800 $15.9M Add +2.8%
AVGO Broadcom Inc. 6.21% 50,000 $15.5M New
INTC Intel Corp. 6.20% 350,000 $15.4M New
NVDA Nvidia Corp. 5.60% 80,000 $14.0M Add +700.0%
PDD PDD Holdings Inc. 3.08% 75,000 $7.7M No change
PYPL PayPal Holdings Inc. 1.91% 105,000 $4.7M No change
IBIT iShares Bitcoin Trust ETF 1.16% 75,000 $2.9M No change
ORCL Oracle Corp. 1.15% 19,500 $2.9M Add +95.0%
GOOG Alphabet Inc. Class C 1.15% 10,000 $2.9M New
MOS The Mosaic Co. 1.02% 100,000 $2.5M New
CROX Crocs Inc. 1.02% 30,600 $2.5M Add +53.0%
VIPS Vipshop Holdings Ltd. - ADR 0.83% 132,141 $2.1M No change
CMCSA Comcast Corp. Class A 0.81% 70,000 $2.0M New
DUOL Duolingo 0.79% 20,000 $2.0M New
XPEV Xpeng Inc. - ADR 0.72% 105,000 $1.8M No change
DOCU Docusign Inc. 0.57% 30,000 $1.4M No change
ECHO Echostar Corp. Class A 0.47% 10,000 $1.2M New
PBR Petroleo Brasileiro-Spon ADR 0.45% 60,000 $1.1M No change
TEM Tempus AI Inc. Class A 0.36% 20,000 $904K No change
CRCL Circle Internet Group Inc. 0.19% 5,000 $477K No change
DEO Diageo PLC-Sponsored ADR 0.12% 4,000 $298K Reduce -50.0%
TSLA Tesla Inc. 0.08% 525 $195K No change
BNC Cea Industries Inc. 0.03% 25,000 $73K No change

Portfolio Sells Q4 2025 → Q1 2026
MU Micron Technology Inc. Reduce -16.6% 21.77% −7.27
LMT Lockheed Martin Corp. Sold out 0.00% −2.56
DEO Diageo PLC-Sponsored ADR Reduce -50.0% 0.12% −0.25

Portfolio Buys Q4 2025 → Q1 2026
AVGO Broadcom Inc. New 6.21% +6.21
INTC Intel Corp. New 6.20% +6.20
NVDA Nvidia Corp. Add +700.0% 5.60% +4.62
GOOG Alphabet Inc. Class C New 1.15% +1.15
MOS The Mosaic Co. New 1.02% +1.02
CMCSA Comcast Corp. Class A New 0.81% +0.81
DUOL Duolingo New 0.79% +0.79
ECHO Echostar Corp. Class A New 0.47% +0.47
ORCL Oracle Corp. Add +95.0% 1.15% +0.12
CROX Crocs Inc. Add +53.0% 1.02% +0.12
AMD Advanced Micro Devices Add +28.3% 15.72% −1.25
COIN Coinbase Global Inc. Class A Add +2.8% 6.37% −4.19

Options Activity Q4 2025 → Q1 2026
MODERNA INC call Sold out 440,000 $13.0Mbefore exit
ADVANCED MICRO DEVICES INC call Sold out 57,500 $12.3Mbefore exit
MICRON TECHNOLOGY INC call Sold out 10,000 $2.9Mbefore exit
COINBASE GLOBAL INC call Sold out 2,500 $565Kbefore exit
UBER TECHNOLOGIES INC call Sold out 5,000 $409Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 21$324.8MMU, MRNA, INTC, AVGO, BILI
Q1 2026 27$249.1MMU, AMD, MRNA, BILI, COIN
Q4 2025 21$189.2MMU, AMD, BILI, COIN, MRNA