StepStone Group LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), StepStone Group LP reported 22 stock positions worth $2.2 billion. Its top holding was Space Exploration Techn Class A (SPCX) at 86.6% of the portfolio, followed by Stubhub Class A (STUB, 4.5%) and Cerebras Systems Class A (CBRS, 3.5%). Compared with Q1 2026, it opened 9 new positions, sold out of 4, added to 2 and reduced 2. The biggest buy was a new position in Space Exploration Techn Class A (SPCX) and the biggest sale Karman (KRMN, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- La Jolla, CA
- CIK
- 0001502287
- Portfolio Value
- $2.2B (Q2 2026)
- SEC Filing
- 0001193125-26-349455 ↗ filed Aug 13, 2026
Holdings Value
Holdings 22 stocks · $2.2B
| SPCX Space Exploration Techn Class A | 86.65% | 10,940,730 | $1.9B | New |
| STUB Stubhub Holdings Inc. Class A | 4.51% | 7,562,225 | $97.3M | No change |
| CBRS Cerebras Systems Inc. Class A | 3.49% | 340,321 | $75.2M | New |
| XNDU Xanadu Quantum Technolo Class B | 1.92% | 3,417,854 | $41.4M | No change |
| TMS Teamshares Inc. | 0.76% | 1,999,971 | $16.4M | New |
| OKUR Onkure Therapeutics Inc. Class A | 0.56% | 2,660,612 | $12.1M | No change |
| KRMN Karman Holdings Inc. | 0.56% | 241,315 | $12.0M | Reduce -72.5% |
| KDK Kodiak AI Inc. | 0.33% | 1,412,928 | $7.2M | Add +0.0% |
| TRDA Entrada Therapeutics Inc. | 0.26% | 761,277 | $5.6M | No change |
| EIKN Eikon Therapeutics Inc. | 0.24% | 395,340 | $5.2M | No change |
| PHAT Phathom Pharmaceuticals Inc. | 0.21% | 422,085 | $4.6M | No change |
| CHYM Chime Financial Inc. Class A | 0.14% | 150,000 | $3.1M | No change |
| KLAR Klarna Group PLC | 0.12% | 132,018 | $2.7M | New |
| DDOG Datadog Inc. Class A | 0.09% | 7,074 | $1.8M | New |
| NAVN Navan Inc. Class A | 0.06% | 58,258 | $1.3M | Reduce -88.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 3,922 | $748K | New |
| GROV Grove Collaborative Holdings | 0.02% | 380,925 | $476K | Add +0.1% |
| TNYA Tenaya Therapeutics Inc. | 0.02% | 462,163 | $342K | No change |
| VIA Via Transportation Inc. Class A | 0.01% | 16,002 | $290K | No change |
| CRCL Circle Internet Group Inc. | 0.01% | 2,204 | $138K | New |
| HOOD Robinhood Markets Inc. Class A | 0.00% | 786 | $79K | New |
| RBRK Rubrik Inc. Class A | 0.00% | 60 | $5K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $788K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 622,931 | $788K | No change |
Total filed on the 13F, all lines: $2.2B.
Portfolio Sells Q1 2026 → Q2 2026
Portfolio Buys Q1 2026 → Q2 2026
| SPCX Space Exploration Techn Class A | New | 86.65% | +86.65 |
| CBRS Cerebras Systems Inc. Class A | New | 3.49% | +3.49 |
| TMS Teamshares Inc. | New | 0.76% | +0.76 |
| KLAR Klarna Group PLC | New | 0.12% | +0.12 |
| DDOG Datadog Inc. Class A | New | 0.09% | +0.09 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.03% | +0.03 |
| CRCL Circle Internet Group Inc. | New | 0.01% | +0.01 |
| HOOD Robinhood Markets Inc. Class A | New | 0.00% | +0.00 |
| RBRK Rubrik Inc. Class A | New | 0.00% | +0.00 |
| GROV Grove Collaborative Holdings | Add +0.1% | 0.02% | −0.21 |
| KDK Kodiak AI Inc. | Add +0.0% | 0.33% | −4.40 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 22 | $2.2B | SPCX, STUB, CBRS, XNDU, TMS |
| Q1 2026 | 17 | $207.2M | KRMN, STUB, XNDU, OKUR, PATH |
| Q4 2025 | 22 | $184.1M | STUB, KDK, PATH, KRMN, TRDA |
| Q3 2025 | 15 | $201.5M | STUB, KRMN, PATH, KDK, DKNG |
| Q2 2025 | 14 | $50.4M | PATH, DKNG, RBRK, TRDA, PHAT |
| Q1 2025 | 16 | $97.4M | ML, PATH, DKNG, TRDA, NEUE |
| Q4 2024 | 14 | $114.4M | ML, PATH, TRDA, DKNG, OKUR |
| Q3 2024 | 14 | $274.1M | DNB, ML, RBLX, RKLB, PATH |
| Q2 2024 | 16 | $493.1M | DNB, WKME, ML, RKLB, RBLX |
| Q1 2024 | 21 | $471.6M | DNB, WKME, ML, RKLB, PATH |