STEPSTONE GROUP INC

Ticker: STEP CUSIP: 85914M107 Class: EQTY

Hudson Bay Capital Management LP's Holding History (CIK: 0001393825)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 159,794 Value ($000) $10,254 Avg Close $63.24 Range $55.78 - $68.38

Q3 2025

Shares 156,855 Value ($000) $10,244 Avg Close $61.02 Range $54.06 - $68.41

Q2 2025

Shares 50,074 Value ($000) $2,779 Avg Close $53.54 Range $40.07 - $62.03

Q4 2021

Shares 140,716 Value ($000) $5,850 Avg Close $44.16 Range $37.67 - $55.19

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	159,794	$10,254	$63.24	$55.78 - $68.38
Q3 2025	156,855	$10,244	$61.02	$54.06 - $68.41
Q2 2025	50,074	$2,779	$53.54	$40.07 - $62.03
Q4 2021	140,716	$5,850	$44.16	$37.67 - $55.19