STEP StepStone Group Inc. - Class A Common Stock

NASDAQ · Financial Services · View on SEC EDGAR ↗
$49.92
Price · Aug 19, 2026
Fundamentals as of Aug 7, 2026
52W Range
$39–$78
28% of range
Analyst Rating
BUY
14 analysts
Price Target
$70
+41% upside
P/E (TTM)
-7.0
ROE
457.6%
Net Profit Margin
-26.9%

STEP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$49.92
Market Cap
—
P/E (TTM)
-7.0
EPS (TTM)
$-6.78
Revenue (TTM)
$1.99B
Div Yield
—
ROE
457.6%
Debt/Equity
—
52W Range
$39 – $78

STEP Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $1.99B
8-point trend, +677.9%
2019-03-31 → 2026-03-31
EPS $-6.78
6-point trend, -429.1%
2021-03-31 → 2026-03-31
Free Cash Flow $64M
6-point trend, -56.9%
2021-03-31 → 2026-03-31
Margins -26.9%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
STEP
Peer Median
P/E (TTM)
5-point trend, -181.8%
-7.0
16.1

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
STEP
Peer Median
Net Profit Margin
5-point trend, -289.3%
-26.9%
23.0%
ROA
5-point trend, -234.1%
-9.4%
3.4%
ROE
5-point trend, +1159.1%
457.6%
8.4%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
STEP
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
STEP
Peer Median
Revenue YoY
5-point trend, +46.0%
69.7%
—
Revenue CAGR 3Y
5-point trend, +46.0%
-4.9%
—
Revenue CAGR 5Y
5-point trend, +46.0%
20.4%
—

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
STEP
Peer Median
EPS (Diluted)
5-point trend, -276.6%
$-6.78
—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
STEP
Peer Median
Payout Ratio
5-point trend, -278.6%
-22.0%
—

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
—
Payout Ratio
-22.0%
5Y Div CAGR
—
Ex-dateAmount
June 15, 2026$0.8300
Feb. 27, 2026$0.2800
Nov. 28, 2025$0.2800
Aug. 29, 2025$0.2800
June 13, 2025$0.6400
Feb. 28, 2025$0.2400
Nov. 29, 2024$0.2400
Aug. 30, 2024$0.2400
June 14, 2024$0.3600
Feb. 28, 2024$0.2100
Nov. 29, 2023$0.2100
Aug. 30, 2023$0.2100
June 14, 2023$0.4500
Feb. 27, 2023$0.2000
Nov. 29, 2022$0.2000
Aug. 30, 2022$0.2000
June 14, 2022$0.2000
Feb. 25, 2022$0.1500
Nov. 29, 2021$0.1500
Aug. 30, 2021$0.0700

STEP Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 14 analysts
  • Strong Buy 3 21.4%
  • Buy 9 64.3%
  • Hold 2 14.3%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

8 analysts · 2026-08-14
Median target $66.00 +32.2%
Mean target $70.38 +41.0%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.05%
Period EPS Actual EPS Est Surprise
Dec. 31, 2026 $0.57 $0.52 —
June 30, 2026 $0.48 $0.52 -0.04%
March 31, 2026 $0.57 $0.52 0.05%
Dec. 31, 2025 $0.65 $0.60 0.05%
Sept. 30, 2025 $0.54 $0.49 0.05%
June 30, 2025 $0.40 $0.43 -0.03%
March 31, 2025 $0.68 $0.45 0.23%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
STEP — -7.0 69.7% -26.9% 457.6% —
ARCC — 10.9 — — — —
SEIC $10.03B 14.6 8.1% 31.1% 29.9% 35.2%
AMG — 12.7 1.6% 34.5% 21.8% —
GLXY — — 41.8% -0.40% -11.6% —
VCTR $4.05B 15.5 46.2% 25.3% 13.5% —
BXSL $6.11B 10.7 — — 9.0% —
HLNE — — 6.5% 32.8% 30.5% —
OBDC $6.21B 10.0 — — 8.3% —
MAIN $5.43B 15.3 — — 16.8% —
OTF $6.75B 7.9 — — 9.0% —

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14
Annual Income Statement data for STEP
Metric Trend 2026202520242023202220212020
Revenue 7-point trend, +346.4% $1.99B $1.17B $712M $-68M $1.37B $788M $447M
SG&A Expense 7-point trend, +257.6% $187M $177M $167M $147M $110M $48M $52M
Operating Expenses 7-point trend, +923.9% $3.02B $1.44B $540M $-67M $913M $460M $295M
Interest Expense 5-point trend, -8.6% · · $9M $4M $1M $7M $10M
Interest Income 7-point trend, +724.0% $12M $11M $4M $2M $337.0K $413.0K $1M
Other Non-op 7-point trend, +151.4% $697.0K $-33M $2M $-1M $2M $220.0K $-1M
Pretax Income 7-point trend, -699.1% $-891M $-222M $195M $-41M $513M $338M $149M
Income Tax 7-point trend, -3839.4% $-148M $-49M $28M $4M $28M $23M $4M
Net Income 7-point trend, -535808000.00 $-536M $-180M $58M $-18M $194M $63M $0
EPS (Basic) 6-point trend, -421.3% $-6.78 $-2.52 $0.91 $-0.30 $3.89 $2.11 ·
EPS (Diluted) 6-point trend, -429.1% $-6.78 $-2.52 $0.91 $-0.30 $3.84 $2.06 ·
Shares (Basic) 6-point trend, +166.5% 79,039,229 71,142,916 63,489,135 61,884,671 49,833,760 29,657,805 ·
Shares (Diluted) 6-point trend, +137.5% 79,039,229 71,142,916 66,544,038 61,884,671 53,600,250 33,274,804 ·
EBITDA 6-point trend, +732.2% $46M $45M $48M $47M $27M $5M ·
Balance Sheet 14
Annual Balance Sheet data for STEP
Metric Trend 2026202520242023202220212020
Cash & Equivalents 3-point trend, +29.4% · · · · $116M $180M $90M
PP&E (Net) 7-point trend, +140.1% $26M $30M $30M $16M $13M $10M $11M
PP&E (Gross) 7-point trend, +153.2% $45M $43M $39M $29M $22M $19M $18M
Accum. Depreciation 7-point trend, +174.6% $18M $13M $10M $13M $9M $9M $7M
Goodwill 7-point trend, +8447.4% $581M $581M $581M $581M $581M $7M $7M
Intangibles 7-point trend, +2426.0% $223M $264M $305M $355M $398M $5M $9M
Total Assets 7-point trend, +893.3% $6.76B $4.59B $3.79B $3.50B $4.19B $1.32B $681M
Total Liabilities 7-point trend, +1224.0% $5.88B $2.81B $1.92B $1.84B $2.36B $661M $444M
Long-term Debt 6-point trend, +88.1% · $269M $149M $98M $63M $0 $143M
Paid-in Capital 6-point trend, +155.4% $482M $421M $310M $611M $587M $189M ·
Retained Earnings 7-point trend, -896879000.00 $-897M $-243M $14M $160M $230M $60M $0
AOCI 7-point trend, +542.1% $1M $728.0K $304.0K $461.0K $658.0K $155.0K $178.0K
Stockholders' Equity 6-point trend, -265.8% $-414M $179M $324M $772M $818M $249M ·
Liabilities + Equity 7-point trend, +893.3% $6.76B $4.59B $3.79B $3.50B $4.19B $1.32B $681M
Cash Flow 18
Annual Cash Flow data for STEP
Metric Trend 2026202520242023202220212020
D&A 7-point trend, +546.1% $46M $45M $48M $47M $27M $5M $7M
Stock-based Comp 7-point trend, +84368.0% $1.62B $650M $39M $25M $14M $8M $2M
Deferred Tax 7-point trend, -114078.9% $-195M $-75M $9M $-12M $6M $16M $-171.0K
Amort. of Intangibles 7-point trend, +716.0% $41M $41M $42M $44M $24M $3M $5M
Other Non-cash 6-point trend, -1606.6% $-866M $-376M $7M $110M $-26M $57M ·
Operating Cash Flow 7-point trend, +0.8% $66M $65M $162M $151M $214M $149M $66M
CapEx 7-point trend, +213.0% $3M $5M $20M $6M $2M $1M $837.0K
Investing Cash Flow 7-point trend, +1946.6% $733M $-43M $-47M $-31M $-210M $-11M $36M
Net Debt Issued · · · · · $-147M ·
Stock Issued 4-point trend, +3677000.00 $4M $3M $0 $0 · · ·
Stock Repurchased 3-point trend, +8715000.00 $9M $0 $0 · · · ·
Net Stock Activity 2-point trend, -299.8% $-5M $3M · · · · ·
Dividends Paid 7-point trend, +117764000.00 $118M $76M $68M $50M $24M $2M $0
Financing Cash Flow 7-point trend, +171.8% $37M $87M $-58M $-108M $-70M $-45M $-52M
Net Change in Cash 7-point trend, +1581.4% $829M $107M $53M $12M $-66M $94M $49M
Taxes Paid $42M · · · · · ·
Free Cash Flow 6-point trend, -56.9% $64M $60M $142M $146M $212M $148M ·
Levered FCF 4-point trend, -5.2% · · $134M $141M $211M $141M ·
Profitability 5
Annual Profitability data for STEP
Metric Trend 2026202520242023202220212020
Net Margin 6-point trend, -438.1% -26.9% -15.3% 8.2% 27.2% 14.2% 8.0% ·
Pretax Margin 6-point trend, -204.2% -44.7% -18.9% 27.5% 61.4% 37.5% 42.9% ·
EBITDA Margin 6-point trend, +227.1% 2.3% 3.9% 6.7% -70.2% 2.0% 0.70% ·
ROA 6-point trend, -250.8% -9.4% -4.3% 1.6% -0.48% 7.0% 6.3% ·
ROE 6-point trend, +810.9% 457.6% -71.3% 10.6% -2.3% 36.3% 50.2% ·
Efficiency 1
Annual Efficiency data for STEP
Metric Trend 2026202520242023202220212020
Asset Turnover 6-point trend, -55.4% 0.4 0.3 0.2 -0.0 0.5 0.8 ·
Per Share 5
Annual Per Share data for STEP
Metric Trend 2026202520242023202220212020
Revenue / Share 6-point trend, +6.5% $25.22 $16.51 $10.69 $-1.09 $25.48 $23.67 ·
Cash Flow / Share 6-point trend, -81.3% $0.84 $0.91 $2.43 $2.44 $4.00 $4.49 ·
Dividend / Share 6-point trend, +2014.3% $1 $1 $1 $1 $0 $0 ·
Dividend Paid / Share 6-point trend, +2014.3% $1 $1 $1 $1 $0 $0 ·
EPS (TTM) 6-point trend, -429.1% $-6.78 $-2.52 $0.91 $-0.30 $3.84 $2.06 ·
Growth Rates 8
Annual Growth Rates data for STEP
Metric Trend 2026202520242023202220212020
Revenue YoY 3-point trend, -5.0% 69.7% 65.1% · · 73.4% · ·
Revenue CAGR 3Y 2-point trend, -46.8% · -4.9% -3.3% · · · ·
Revenue CAGR 5Y 20.4% · · · · · ·
EPS YoY · · · · 86.4% · ·
EPS CAGR 3Y · · -23.8% · · · ·
Net Income YoY · · · · 209.5% · ·
Net Income CAGR 3Y · · -2.5% · · · ·
Dividend CAGR 5Y 124.9% · · · · · ·
Valuation (TTM) 6
Annual Valuation (TTM) data for STEP
Metric Trend 2026202520242023202220212020
Revenue TTM 6-point trend, +153.1% $1.99B $1.17B $712M $-68M $1.37B $788M ·
Net Income TTM 6-point trend, -955.5% $-536M $-180M $58M $-18M $194M $63M ·
P/E 6-point trend, -141.1% -7.0 -20.7 39.3 -80.9 8.6 17.1 ·
Earnings Yield 6-point trend, -343.3% -14.2% -4.8% 2.5% -1.2% 11.6% 5.8% ·
Payout Ratio 6-point trend, -772.2% -22.0% -42.2% 117.9% -271.6% 12.3% 3.3% ·
Annual Payout 6-point trend, +5653.0% $118M $76M $68M $50M $24M $2M ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2026-03-312025-03-312024-03-312023-03-312022-03-31
Revenue $1.99B$1.17B$712M$-68M$1.37B
Net Income $-536M$-180M$58M$-18M$194M
Diluted EPS $-6.78$-2.52$0.91$-0.30$3.84
Cash Flow
2026-03-312025-03-312024-03-312023-03-312022-03-31
Free Cash Flow $64M$60M$142M$146M$212M

Latest News Recent headlines mentioning this company

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Institutional owners (13F) 299 filers · $2.2B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
63 (0 vs prior Q) 40 (-9 vs prior Q) 123 (+26 vs prior Q) 66 (-7 vs prior Q) +8.9M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
MILLENNIUM MANAGEMENT LLC $232,422,437 5,619,498 10.72% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $193,319,659 4,674,073 8.92% Shares
VANGUARD CAPITAL MANAGEMENT LLC $146,840,739 3,550,308 6.78% Shares
WELLINGTON MANAGEMENT GROUP LLP $145,836,684 3,526,032 6.73% Shares
STATE STREET CORP $128,956,456 3,117,991 5.95% Shares
Capital World Investors $104,393,384 2,524,018 4.82% Shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC $79,825,420 1,930,015 3.68% Shares
GEODE CAPITAL MANAGEMENT, LLC $71,803,076 1,735,669 3.31% Shares
WESTFIELD CAPITAL MANAGEMENT CO LP $71,528,977 1,729,424 3.30% Shares
ADAGE CAPITAL PARTNERS GP, L.L.C. $57,540,735 1,391,217 2.66% Shares
Capital Research Global Investors $50,952,335 1,231,923 2.35% Shares
Balyasny Asset Management L.P. $46,037,526 1,113,093 2.12% Shares
Junto Capital Management LP $44,613,874 1,078,672 2.06% Shares
WASATCH ADVISORS LP $43,984,478 921,720 2.03% Shares
Point72 Asset Management, L.P. $41,553,110 1,004,669 1.92% Shares
BAMCO INC /NY/ $34,283,759 828,911 1.58% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $28,517,389 689,492 1.32% Shares
Advent International, L.P. $28,266,748 683,432 1.30% Shares
JANE STREET GROUP, LLC $24,212,144 585,400 1.12% Call option
SAMLYN CAPITAL, LLC $20,983,706 507,343 0.97% Shares
VANGUARD FIDUCIARY TRUST CO $20,682,027 500,049 0.95% Shares
Woodline Partners LP $19,295,639 466,529 0.89% Shares
TimesSquare Capital Management, LLC $18,648,976 390,800 0.86% Shares
Schonfeld Strategic Advisors LLC $18,074,980 437,016 0.83% Shares
BANK OF AMERICA CORP /DE/ $17,046,442 412,148 0.79% Shares
BlackRock, Inc. $15,959,335 385,864 0.74% Shares
Toroso Investments, LLC $14,859,205 231,560 0.69% Shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC $14,831,117 358,586 0.68% Shares
PRINCIPAL FINANCIAL GROUP INC $14,674,114 354,790 0.68% Shares
Rockefeller Capital Management L.P. $14,495,049 350,460 0.67% Shares
Public Sector Pension Investment Board $14,388,151 347,876 0.66% Shares
GOLDMAN SACHS GROUP INC $13,410,815 324,246 0.62% Shares
LAZARD ASSET MANAGEMENT LLC $13,270,480 320,853 0.61% Shares
Grantham, Mayo, Van Otterloo & Co. LLC $13,173,160 318,500 0.61% Shares
Engle Capital Management, L.P. $12,408,000 300,000 0.57% Shares
Inherent Management Corp. $10,907,831 263,729 0.50% Shares
SEGALL BRYANT & HAMILL, LLC $10,786,192 260,788 0.50% Shares
Squarepoint Ops LLC $10,681,303 258,252 0.49% Shares
Trexquant Investment LP $9,371,266 226,578 0.43% Shares
RENAISSANCE TECHNOLOGIES LLC $8,822,088 213,300 0.41% Shares
BARCLAYS PLC $8,234,940 199,104 0.38% Shares
STATE OF WISCONSIN INVESTMENT BOARD $7,967,921 192,648 0.37% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $7,865,142 190,163 0.36% Shares
CITADEL ADVISORS LLC $7,564,454 182,893 0.35% Shares
RHUMBLINE ADVISERS $7,320,040 176,984 0.34% Shares
Delta Global Management LP $7,201,603 174,120 0.33% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $7,134,600 172,500 0.33% Put option
HSBC HOLDINGS PLC $6,932,526 172,408 0.32% Shares
XTX Topco Ltd $6,783,578 164,013 0.31% Shares
AMERIPRISE FINANCIAL INC $6,205,696 150,041 0.29% Shares
Quantinno Capital Management LP $6,106,173 147,634 0.28% Shares
Swiss National Bank $5,988,928 144,800 0.28% Shares
Prana Capital Management, LP $5,923,662 143,222 0.27% Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $5,524,331 133,567 0.25% Shares
Corient Private Wealth LP $5,437,394 131,465 0.25% Shares
George Kaiser Family Foundation $5,145,432 124,406 0.24% Shares
LPL Financial LLC $5,143,766 124,366 0.24% Shares
IBEX WEALTH ADVISORS $5,037,003 121,785 0.23% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $4,978,379 120,367 0.23% Shares
FMR LLC $4,867,162 117,678 0.22% Shares
Qube Research & Technologies Ltd $4,849,708 117,256 0.22% Shares
Legal & General Group Plc $4,691,919 113,441 0.22% Shares
ALLIANCEBERNSTEIN L.P. $4,672,599 97,917 0.22% Shares
VAN ECK ASSOCIATES CORP $4,637,283 112,120 0.21% Shares
TRILLIUM ASSET MANAGEMENT, LLC $4,402,623 106,446 0.20% Shares
BNP PARIBAS FINANCIAL MARKETS $4,333,742 104,781 0.20% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $3,998,268 83,786 0.18% Shares
VANGUARD GROUP INC $3,734,758 58,201 0.17% Shares
Ceredex Value Advisors LLC $3,685,176 89,100 0.17% Shares
Weiss Asset Management LP $3,554,189 85,933 0.16% Shares
Engineers Gate Manager LP $3,542,649 85,654 0.16% Shares
Y-Intercept (Hong Kong) Ltd $3,535,411 85,479 0.16% Shares
PRUDENTIAL FINANCIAL INC $3,145,635 76,055 0.15% Shares
AQR CAPITAL MANAGEMENT LLC $2,894,040 69,972 0.13% Shares
VANGUARD ASSET MANAGEMENT, Ltd $2,780,054 67,216 0.13% Shares
ENVESTNET ASSET MANAGEMENT INC $2,745,142 66,372 0.13% Shares
CITADEL ADVISORS LLC $2,510,552 60,700 0.12% Put option
CITADEL ADVISORS LLC $2,394,744 57,900 0.11% Call option
JANE STREET GROUP, LLC $2,378,200 57,500 0.11% Put option
NATIONAL BANK OF CANADA /FI/ $2,286,323 55,179 0.11% Shares
MACKENZIE FINANCIAL CORP $2,118,418 51,219 0.10% Shares
WELLS FARGO & COMPANY/MN $2,090,376 50,541 0.10% Shares
Aquatic Capital Management LLC $1,933,125 46,739 0.09% Shares
US BANCORP \DE\ $1,889,904 45,694 0.09% Shares
MetLife Investment Management, LLC $1,878,406 45,416 0.09% Shares
WINTON GROUP Ltd $1,770,043 42,796 0.08% Shares
FIRST TRUST ADVISORS LP $1,716,067 41,491 0.08% Shares
Kingsview Wealth Management, LLC $1,666,764 34,928 0.08% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $1,663,210 40,213 0.08% Shares
Man Group plc $1,632,479 39,470 0.08% Shares
Zurcher Kantonalbank (Zurich Cantonalbank) $1,627,847 39,358 0.08% Shares
JONES FINANCIAL COMPANIES LLLP $1,474,447 37,290 0.07% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $1,474,153 35,642 0.07% Shares
NATIXIS $1,447,600 35,000 0.07% Shares
MARSHALL WACE, LLP $1,440,485 34,828 0.07% Shares
JANUS HENDERSON GROUP PLC $1,432,704 29,998 0.07% Shares
Meketa Capital, LLC $1,382,869 23,892 0.06% Shares
Louisiana State Employees Retirement System $1,335,928 32,300 0.06% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,302,840 31,500 0.06% Call option
BOKF, NA $1,282,160 31,000 0.06% Shares

Company insiders 15 insiders · 7 officers · 7 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Monte M. Brem Chairman, Co-Chief Executive Officer and Member of 13D group that owns more than 10% Sept. 18, 2020 J 7,413,679 0 0 $0
Scott W. Hart Co-Chief Executive Officer Sept. 18, 2020 J 3,107,808 0 0 $0
Johnny D Randel Chief Financial Officer Sept. 18, 2020 J 1,534,626 0 0 $0
Jason P. Ment President, Co-Chief Operating Officer and Member of 13D group that owns more than 10% Sept. 18, 2020 J 781,407 0 0 $0
Jose A Fernandez Co-Chief Operating Officer June 1, 2026 S 0 0 1 $-1,356,720
Michael I. McCabe Head of Strategy June 11, 2026 P 433,178 1 0 $4,041,157
David Y Park Chief Accounting Officer Sept. 18, 2020 A 31,300 0 0 $0
Anne L Raymond Director Sept. 18, 2020 A 5,000 0 0 $0
Mark Maruszewski Director Sept. 18, 2020 J 577,125 0 0 $0
Thomas Keck Director Sept. 18, 2020 J 1,099,332 0 0 $0
StepStone Group LP 10% owner Sept. 18, 2020 J 0 0 0 $0
David F Hoffmeister — Sept. 9, 2025 A 13,934 0 0 $0
Thomas Alcott Bradley — Sept. 18, 2020 J 678,942 0 0 $0
David Jeffrey — Sept. 18, 2020 J 4,112,532 0 0 $0
Darren M. Friedman — Sept. 18, 2020 J 1,463,022 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 12 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
James Lim ×2 filings Jan. 14, 2026 4.00% Amendment — SEC
ARG Private Equity, LLC, ARGO Holdings, LLC, Sanford Energy, Inc., KAISER GEORGE B, Waldo Robert ×3 filings Jan. 8, 2026 4.30% Amendment — SEC
Thomas Keck Sept. 18, 2025 5.20% Initial filing Passive investment SEC
Jose A. Fernandez Sept. 18, 2025 6.00% Initial filing Passive investment SEC
Monte M. Brem, Scott W. Hart, Jason P. Ment, Jose A. Fernandez, Michael I. McCabe, Thomas Keck ×3 filings Sept. 18, 2025 6.00% Amendment — SEC
Monte M. Brem (2), Scott W. Hart (2), Jason P. Ment (2), Jose A. Fernandez (2), Michael I. McCabe (2), Thomas Keck (2) ×19 filings Dec. 5, 2024 — Initial filing — SEC
James Lim (2) ×5 filings Nov. 21, 2024 — Initial filing — SEC
Thomas Bradley (2) ×2 filings Sept. 13, 2024 — Initial filing — SEC
Mark Maruszewski (2) ×2 filings Sept. 13, 2024 — Initial filing — SEC
David Jeffrey (2) ×2 filings July 12, 2024 — Initial filing — SEC
Charles Ashton Newhall (2) ×4 filings April 17, 2024 — Initial filing — SEC
Argonaut Private Equity, L.L.C., Argonaut Holdings, L.L.C., Sanford Energy, Inc., George B. Kaiser, Robert A. Waldo Sept. 22, 2020 — Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 61 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
AAUM · Tema ETF Trust 5.33% 2,501 NS May 31, 2026 N-PORT
RSMC · Tidal Trust III 1.95% 278,462 NS April 30, 2026 N-PORT
PSP · Invesco Exchange-Traded Fund Trust 1.64% 86,865 SH Aug. 8, 2026 Daily
LBO · EA Series Trust 1.44% 2,335 NS April 30, 2026 N-PORT
CGMM · Capital Group Equity ETF Trust I 0.99% 562,022 NS May 31, 2026 N-PORT
PSCF · Invesco Exchange-Traded Fund Trust … 0.74% 4,326 SH Aug. 8, 2026 Daily
IJT · iShares Trust 0.41% 684,860 SH Aug. 8, 2026 Daily
RZG · Invesco Exchange-Traded Fund Trust 0.35% 10,467 SH Aug. 8, 2026 Daily
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.33% 50,994 NS May 31, 2026 N-PORT
VIOG · VANGUARD ADMIRAL FUNDS 0.33% 87,763 SH Aug. 8, 2026 Daily
FNY · First Trust Exchange-Traded AlphaDE… 0.29% 28,737 NS April 30, 2026 N-PORT
IWN · iShares Trust 0.24% 679,433 SH Aug. 8, 2026 Daily
XJR · iShares Trust 0.23% 8,712 SH Aug. 8, 2026 Daily
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.20% 28,208 NS April 30, 2026 N-PORT
IJR · iShares Trust 0.20% 4,497,016 SH Aug. 8, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.19% 64,275 SH Aug. 8, 2026 Daily
VIOO · VANGUARD ADMIRAL FUNDS 0.17% 257,878 SH Aug. 8, 2026 Daily
SAA · ProShares Trust 0.16% 882 NS May 31, 2026 N-PORT
GSSC · Goldman Sachs ETF Trust 0.14% 28,895 NS May 31, 2026 N-PORT
RWJ · Invesco Exchange-Traded Fund Trust … 0.14% 61,326 SH Aug. 8, 2026 Daily
IWM · iShares Trust 0.12% 1,998,182 SH Aug. 8, 2026 Daily
RSSL · Global X Funds 0.11% 30,247 NS April 30, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.10% 447,259 SH Aug. 8, 2026 Daily
BKMC · BNY Mellon ETF Trust 0.10% 11,413 NS April 30, 2026 N-PORT
VBK · VANGUARD INDEX FUNDS 0.09% 1,072,478 SH Aug. 8, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.09% 7,908 NS April 30, 2026 N-PORT
ITWO · ProShares Trust 0.09% 3,285 NS May 31, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.08% 354,686 NS May 31, 2026 N-PORT
ESML · iShares Trust 0.07% 40,221 SH Aug. 8, 2026 Daily
ISCV · iShares Trust 0.06% 8,325 SH Aug. 8, 2026 Daily
ISCB · iShares Trust 0.06% 3,224 SH Aug. 8, 2026 Daily
ISCG · iShares Trust 0.05% 10,864 SH Aug. 8, 2026 Daily
UWM · ProShares Trust 0.05% 2,569 NS May 31, 2026 N-PORT
FNCL · FIDELITY COVINGTON TRUST 0.05% 19,100 NS April 30, 2026 N-PORT
VB · VANGUARD INDEX FUNDS 0.04% 1,852,297 SH Aug. 8, 2026 Daily
URTY · ProShares Trust 0.04% 2,600 NS May 31, 2026 N-PORT
WSML · iShares Trust 0.03% 4,173 SH Aug. 8, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.03% 846,620 SH Aug. 8, 2026 Daily
VFH · VANGUARD WORLD FUND 0.03% 117,760 SH Aug. 8, 2026 Daily
JSTC · Tidal Trust I 0.03% 1,991 NS May 31, 2026 N-PORT
SMLF · iShares Trust 0.03% 22,625 SH Aug. 8, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.02% 14,911 SH Aug. 8, 2026 Daily
DGRO · iShares Trust 0.02% 174,308 SH Aug. 8, 2026 Daily
SMDX · Tidal Trust III 0.02% 457 NS April 30, 2026 N-PORT
HDG · ProShares Trust 0.01% 65 NS May 31, 2026 N-PORT
IWO · iShares Trust 0.01% 39,601 SH Aug. 8, 2026 Daily
ONEQ · Fidelity Commonwealth Trust 0.01% 24,025 NS May 31, 2026 N-PORT
DIVB · iShares Trust 0.01% 3,682 SH Aug. 8, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.01% 303,010 SH Aug. 8, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.01% 4,577 SH Aug. 8, 2026 Daily