StepStone Group LP Quant / Systematic

CIK: 0001502287 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $186,898 (100.0% shares, 0.0% debt)

Holdings (23)

New Positions (9)

NAVN NAVAN INC 3.9%

Value ($000) $7,294 Shares 427,033 Est. Cost $15.89 Unrealized 0.0%

FIG FIGMA INC 1.8%

Value ($000) $3,380 Shares 90,436 Est. Cost $45.19 Unrealized 0.0%

NOW SERVICENOW INC 1.3%

Value ($000) $2,389 Shares 15,592 Est. Cost $171.54 Unrealized 0.0%

RBRK RUBRIK INC 0.8%

Value ($000) $1,407 Shares 18,393 Est. Cost $76.71 Unrealized 0.0%

CRCL CIRCLE INTERNET GROUP INC 0.4%

Value ($000) $742 Shares 9,352 Est. Cost $103.35 Unrealized 0.0%

PDD PDD HOLDINGS INC 0.3%

Value ($000) $562 Shares 5,841 Est. Cost $96.20 Unrealized —

RVMD REVOLUTION MEDICINES INC 0.3%

Value ($000) $476 Shares 5,971 Est. Cost $65.57 Unrealized 0.0%

PAY PAYMENTUS HOLDINGS INC 0.1%

Value ($000) $127 Shares 36,468 Est. Cost $32.61 Unrealized 0.0%

OMDA OMADA HEALTH INC 0.0%

Value ($000) $3 Shares 275 Est. Cost $20.28 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NAVN	NAVAN INC	427,033	$7,294	3.9%	$15.89	0.0%	CL A	639193101
FIG	FIGMA INC	90,436	$3,380	1.8%	$45.19	0.0%	CLASS A COM STK	316841105
NOW	SERVICENOW INC	15,592	$2,389	1.3%	$171.54	0.0%	COM	81762P102
RBRK	RUBRIK INC	18,393	$1,407	0.8%	$76.71	0.0%	CL A	781154109
CRCL	CIRCLE INTERNET GROUP INC	9,352	$742	0.4%	$103.35	0.0%	COM CL A	172573107
PDD	PDD HOLDINGS INC	5,841	$562	0.3%	$96.20	—	SPONSORED ADS	722304102
RVMD	REVOLUTION MEDICINES INC	5,971	$476	0.3%	$65.57	0.0%	COM	76155X100
PAY	PAYMENTUS HOLDINGS INC	36,468	$127	0.1%	$32.61	0.0%	COM CL A	70439P108
OMDA	OMADA HEALTH INC	275	$3	0.0%	$20.28	0.0%	COM	68170A108

Increased Positions (1)

KRMN KARMAN HOLDINGS INC. 6.7%

Value ($000) $12,429 (-41.1%) Shares 877,320 (+200.0%) Est. Cost $66.56 Unrealized +8.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KRMN	KARMAN HOLDINGS INC.	877,320 (+200.0%)	$12,429 (-41.1%)	6.7%	$66.56	+8.8%	COMMON STOCK	485924104

Exited Positions (2)

— NEUEHEALTH INC. 1.9%

Value ($000) $3,503 Shares 525,247 Est. Cost $12.22 Unrealized —

MDB MONGODB INC 0.4%

Value ($000) $688 Shares 2,217 Est. Cost $257.06 Unrealized +41.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	NEUEHEALTH INC.	525,247	$3,503	1.9%	$12.22	—	—	10920V404
MDB	MONGODB INC	2,217	$688	0.4%	$257.06	+41.5%	—	60937P106

Decreased Positions (2)

PATH UIPATH, INC. 7.9%

Value ($000) $14,800 (-14.0%) Shares 902,973 (-29.8%) Est. Cost $60.06 Unrealized -74.1%

IOT SAMSARA INC. 0.0%

Value ($000) $26 (-65.7%) Shares 742 (-64.0%) Est. Cost $41.33 Unrealized -6.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PATH	UIPATH, INC.	902,973 (-29.8%)	$14,800 (-14.0%)	7.9%	$60.06	-74.1%	CL A	90364P105
IOT	SAMSARA INC.	742 (-64.0%)	$26 (-65.7%)	0.0%	$41.33	-6.3%	COM CL A	79589L106

Unchanged Positions (11)

STUB STUBHUB HOLDINGS INC 54.7%

Value ($000) $102,317 Shares 7,562,225 Est. Cost $18.34 Unrealized -14.3%

GENVR GEN DIGITAL INC 1.5%

Value ($000) $2,816 Shares 622,931 Est. Cost $18.00 Unrealized —

KDK KODIAK AI, INC. 8.3%

Value ($000) $15,429 Shares 1,412,928 Est. Cost $6.84 Unrealized —

TRDA ENTRADA THERAPEUTICS, INC. 4.2%

Value ($000) $7,826 Shares 761,277 Est. Cost $16.89 Unrealized —

CHYM CHIME FINL INC 1.0%

Value ($000) $1,865 Shares 150,000 Est. Cost $28.41 Unrealized -25.2%

DKNG DRAFTKINGS INC 3.0%

Value ($000) $5,545 Shares 160,902 Est. Cost $36.12 Unrealized -9.0%

TNYA TENAYA THERAPEUTICS, INC. 0.2%

Value ($000) $328 Shares 462,163 Est. Cost $21.49 Unrealized -93.7%

VIA VIA TRANSPORTATION INC. 0.2%

Value ($000) $400 Shares 16,002 Est. Cost $49.48 Unrealized -16.6%

GROV GROVE COLLABORATIVE HOLDINGS, INC. 0.2%

Value ($000) $419 Shares 380,702 Est. Cost $2.20 Unrealized -38.1%

OKUR ONKURE THERAPEUTICS INC 0.7%

Value ($000) $1,353 Shares 491,938 Est. Cost $15.14 Unrealized -80.2%

PHAT PHATHOM PHARMACEUTICALS, INC. 2.7%

Value ($000) $4,968 Shares 422,085 Est. Cost $33.23 Unrealized -57.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
STUB	STUBHUB HOLDINGS INC	7,562,225	$102,317	54.7%	$18.34	-14.3%	CL A	86384P109
GENVR	GEN DIGITAL INC	622,931	$2,816	1.5%	$18.00	—	RIGHT 99/99/9999	668771116
KDK	KODIAK AI, INC.	1,412,928	$15,429	8.3%	$6.84	—	COM	500081104
TRDA	ENTRADA THERAPEUTICS, INC.	761,277	$7,826	4.2%	$16.89	—	COM	29384C108
CHYM	CHIME FINL INC	150,000	$1,865	1.0%	$28.41	-25.2%	COM SHS CL A	16935C109
DKNG	DRAFTKINGS INC	160,902	$5,545	3.0%	$36.12	-9.0%	COM CL A	26142V105
TNYA	TENAYA THERAPEUTICS, INC.	462,163	$328	0.2%	$21.49	-93.7%	COM	87990A106
VIA	VIA TRANSPORTATION INC.	16,002	$400	0.2%	$49.48	-16.6%	COM CL A	92556W104
GROV	GROVE COLLABORATIVE HOLDINGS, INC.	380,702	$419	0.2%	$2.20	-38.1%	COM CL A	39957D201
OKUR	ONKURE THERAPEUTICS INC	491,938	$1,353	0.7%	$15.14	-80.2%	COM CL A	68277Q105
PHAT	PHATHOM PHARMACEUTICALS, INC.	422,085	$4,968	2.7%	$33.23	-57.0%	COM	71722W107