Millennium Management LLC Increases Stake in StepStone Group Inc. (STEP) to 9.0%
Millennium Management LLC, along with affiliated entities and Israel A. Englander, filed a Schedule 13G/A on April 27, 2026, reporting a significant increase in their position in StepStone Group Inc. (STEP). As of the event date on March 31, 2026, the reporting group beneficially owns 7,173,424 shares of Class A Common Stock, representing 9.0% of the class. This reflects a substantial increase from a previously reported 0% ownership level. Specifically, Integrated Core Strategies (US) LLC directly holds 6,831,317 shares (8.5%), while Millennium Management LLC, Millennium Group Management LLC, and Mr. Englander are deemed to have shared voting and dispositive power over the full 7,173,424 shares. The filing is an amendment to a previous statement and was made under Rule 13d-1(c), indicating a passive investment intent. The reporting persons have entered into a joint filing agreement to collectively report their interests in the issuer's equity securities.