StepStone Group Inc: Invesco Ltd. reports beneficial ownership of 500,655 shares of Common Stock (CUSIP 85914M107), equal to 0.6% of the class as of 03/31/2026. The shares are held of record by clients of Invesco Ltd.; the filing discloses sole voting power for 463,695 shares and sole dispositive power for 500,655 shares. The Schedule 13G/A is signed by Robert R. Leveille on 05/06/2026 and names affiliated advisers Invesco Advisers, Inc. and Invesco Capital Management LLC.
Positive
None.
Negative
None.
Insights
Passive institutional stake disclosed; voting and dispositive authorities specified.
The filing shows 500,655 shares (0.6% of the class) beneficially owned by Invesco Ltd. as parent to its investment advisers, with 463,695 shares for which it has sole voting power. This reflects a passive, sub‑5% holding reported on a Schedule 13G/A.
Key dependencies include client holdings held of record by investment vehicles and the roles of Invesco Advisers, Inc. and Invesco Capital Management LLC. Subsequent ownership disclosures or amendments would appear in later filings if holdings or voting/dispositive arrangements change.
Key Figures
Beneficial ownership:500,655 sharesPercent of class:0.6%Sole voting power:463,695 shares+3 more
6 metrics
Beneficial ownership500,655 sharesas of 03/31/2026
Percent of class0.6%reported on Schedule 13G/A
Sole voting power463,695 sharesvoting power reported by Invesco Ltd.
Sole dispositive power500,655 sharesdispositive power reported by Invesco Ltd.
CUSIP85914M107StepStone Group Inc Common Stock identifier
Signature date05/06/2026filing signed by Global Head of Compliance
Key Terms
Schedule 13G/A, beneficially own, sole dispositive power, held of record
4 terms
Schedule 13G/Aregulatory
"Amendment No. 1; beneficial ownership reported on Schedule 13G/A"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially ownfinancial
"may be deemed to beneficially own 500,655 shares of the Issuer"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 500,655"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
held of recordfinancial
"shares ... which are held of record by clients of Invesco Ltd."
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
StepStone Group Inc
(Name of Issuer)
Common Stock
(Title of Class of Securities)
85914M107
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
85914M107
1
Names of Reporting Persons
Invesco Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
BERMUDA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
463,695.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
500,655.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
500,655.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.6 %
12
Type of Reporting Person (See Instructions)
HC, IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
StepStone Group Inc
(b)
Address of issuer's principal executive offices:
277 Park Avenue, 45th Floor, New York, NY 10172
Item 2.
(a)
Name of person filing:
Invesco Ltd. ("Invesco Ltd.")
(b)
Address or principal business office or, if none, residence:
1331 Spring Street NW, Suite 2500, Atlanta, GA 30309
(c)
Citizenship:
Bermuda
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
85914M107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Invesco Ltd., in its capacity as a parent holding company to its investment advisers, may be deemed to beneficially own 500,655 shares of the Issuer which are held of record by clients of Invesco Ltd.
(b)
Percent of class:
0.6 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
463,695
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
500,655
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
However, no one individual has greater than 5% economic ownership. The shareholders of the Fund have the right to receive or the power to direct the receipt of dividends and proceeds from the sale of securities listed above.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Invesco Advisers, Inc.
Invesco Capital Management LLC
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does Invesco Ltd. report in StepStone Group (STEP)?
Invesco Ltd. reports beneficial ownership of 500,655 shares, representing 0.6% of StepStone Group's common stock as of 03/31/2026. The shares are held of record by clients of Invesco Ltd.
How much voting power does Invesco Ltd. have in STEP?
Invesco Ltd. discloses sole voting power for 463,695 shares and shared voting power of 0 shares, as stated in the Schedule 13G/A filed for StepStone Group.
Who signed the Schedule 13G/A for Invesco Ltd. on STEP?
The Schedule 13G/A for StepStone Group is signed by Robert R. Leveille, identified as Global Head of Compliance, with the signature date shown as 05/06/2026 in the filing.
Are the StepStone shares held directly by Invesco Ltd.?
The filing states the 500,655 shares are held of record by clients of Invesco Ltd., which is reported in its capacity as a parent holding company to its investment advisers, not held directly by Invesco Ltd.
Does Invesco Ltd. report ownership above 5% of STEP?
No. The Schedule 13G/A classifies this as ownership of 5 percent or less of a class; the reported percentage is 0.6% as of the filing's stated date.
