Stephens Investment Management
Stephens Investment Management is a private, San Francisco-based institutional asset manager founded in 2002. It provides portfolio management for family offices, endowments, and institutional clients, managing equity and ETF positions disclosed via SEC 13F filings with a small 1-10 person team.
- Company typePrivate
- Founded2002
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Stephens Investment Management does
Stephens Investment Management is a private institutional investment management firm founded in 2002 and headquartered in San Francisco, California. Operating under the legal name Stephens Investment Management Group LLC, with "Stephens Group Asset Management" as an associated trade name, the firm provides portfolio management services for institutional clients including family offices, endowments, and other institutional investors. With a lean staff of 1-10 employees, the company maintains SEC 13F filings as a registered institutional manager, with disclosed portfolio holdings reflecting a focus on mid-cap growth equities, technology-sector names, and diversified ETF exposure.
The firm's investment portfolio, as disclosed through 13F filings, includes equity positions in publicly traded growth-oriented companies — notably Ciena Corporation (CIEN) and HealthEquity, Inc. (HQY) — alongside a substantial position in the Vanguard Mid-Cap Growth ETF (VOT). Recent quarterly activity has been characterized by significant net reductions in single-name holdings: a 43.4% cut to the Ciena position and a 28.7% cut to the HealthEquity position, while the Vanguard Mid-Cap Growth ETF position was disclosed at approximately $132 million. According to its public description, the firm also operates in venture funds, income fund, and real estate fund sectors, although detailed strategy-level information for these mandates is not available in the provided sources.
Stephens Investment Management is led by Paul Stephens, who serves as partner and chairman. Revenue is generated through a fee-based asset management model consistent with industry norms for institutional managers, but specific pricing, AUM, and revenue figures are not publicly disclosed. The firm shows no public technology platform, no proprietary software products, and no AI/ML capabilities described in available materials — its value delivery rests on discretionary investment management and direct institutional client relationships.
Stephens Investment Management firmographics
Firmographics- Name
- Stephens Investment Management
- Legal name
- Stephens Investment Management Group LLC
- Website
- https://stephensim.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Stephens Investment Management is a private, San Francisco-based institutional asset manager founded in 2002. It provides portfolio management for family offices, endowments, and institutional clients, managing equity and ETF positions disclosed via SEC 13F filings with a small 1-10 person team.
- Ownership category
- akta.pro rank
Stephens Investment Management industry classification
Industry- Product category
- Institutional Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Style Equity — Growth (Active) (FSAAAIAI)
- akta.pro secondary industry
- Mid-Cap Equity (Active) (FSAAAIAB)
Keywords
Where Stephens Investment Management is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Markets served
Stephens Investment Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Distribution channels1 record
Stephens Investment Management product offering
Product offeringCore offering
Stephens Investment Management is a privately held institutional investment management firm that manages equity portfolios on behalf of clients and files Form 13F disclosures with the SEC. The firm invests in mid-cap growth equities, technology sector companies, and exchange-traded funds, with disclosed positions including HealthEquity, Ciena Corporation, and the Vanguard Mid-Cap Growth ETF.
Differentiator
Problem solved
Functional benefit
Products and services
- Institutional Equity Portfolio Management
Companies that use Stephens Investment Management
Customer profileIdeal customer profiles1 record
Stephens Investment Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Stephens Investment Management partnerships and signals
Strategic signalScale indicators3 records
Recent moves3 records
Expansion highlights1 record
Stephens Investment Management competitors and assessment
Company assessmentDirect peers
- Westwood Holdings Group: Public asset manager offering U.S. equity value and growth strategies to institutional clients. Similar institutional channel and active U.S. equity product overlap.
- Brown Capital Management: Boutique institutional asset manager specializing in U.S. equity growth strategies with a long-term, conviction-driven approach. Highly comparable to Stephens' mid-cap growth tilt and institutional client base.
- Ariel Investments: U.S.-focused equity boutique with mid-cap growth/value strategies distributed primarily to institutional and intermediary channels. Comparable boutique scale and product set.
- Calamos Asset Management: Active U.S. equity manager with growth-oriented strategies across market caps for institutional and retail intermediary clients. Comparable growth-equity product set.
- Aristotle Capital Management: Boutique institutional manager with concentrated U.S. equity strategies, including mid- and large-cap growth. Similar in scale, structure, and institutional channel focus to Stephens.
- Fred Alger Management: Specialist growth-equity manager focused on U.S. mid- and large-cap growth stocks for institutional and intermediary clients. Comparable product focus and target investor profile to Stephens.
- Nicholas Investment Partners: Boutique U.S. growth and small/mid-cap equity manager serving institutional clients. Closely matches Stephens' growth-tilted equity mandate and boutique positioning.
- Wasatch Global Investors: Specialist active manager focused on U.S. small- and mid-cap growth equities for institutional clients. Directly comparable in style and target segment.
Broad incumbents
- Vanguard Portfolio Management (active equity): Issuer of the Vanguard Mid-Cap Growth ETF (VOT), a core Stephens holding. While Vanguard is primarily passive, its active equity unit competes for the same institutional mid-cap growth allocations.
- William Blair Investment Management: Larger, established institutional asset manager with significant U.S. growth and mid-cap equity capabilities. Overlaps Stephens' product focus but at substantially greater scale and brand reach.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Stephens Investment Management social profiles
Digital presenceStephens Investment Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stephens Investment Management leadership team
Management profileNumber of profiles
Profiles1 record
Stephens Investment Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stephens Investment Management M&A and investment
M&A and investmentM&A
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Stephens Investment Management
What does Stephens Investment Management do?
Stephens Investment Management is a privately held institutional investment management firm that manages equity portfolios on behalf of clients and files Form 13F disclosures with the SEC. The firm invests in mid-cap growth equities, technology sector companies, and exchange-traded funds, with disclosed positions including HealthEquity, Ciena Corporation, and the Vanguard Mid-Cap Growth ETF.
Is Stephens Investment Management a public or private company?
Stephens Investment Management is a private company. It is classified as unknown and is currently operating.
When was Stephens Investment Management founded?
Stephens Investment Management was founded in 2002. It employs 1 to 10 people.
Where is Stephens Investment Management based?
Stephens Investment Management is headquartered in San Francisco, United States, in the North America region.
Who are Stephens Investment Management's main competitors?
Direct peers on record are Westwood Holdings Group, Brown Capital Management, Ariel Investments, Calamos Asset Management, Aristotle Capital Management, Fred Alger Management, Nicholas Investment Partners and Wasatch Global Investors. Broad incumbents are Vanguard Portfolio Management (active equity) and William Blair Investment Management.
Does Stephens Investment Management have an API?
No public API is recorded for Stephens Investment Management.
What industry is Stephens Investment Management in?
Stephens Investment Management's product category is Institutional Investment Management. Its primary akta.pro industry code is FSAAAIAI, Style Equity — Growth (Active), with a secondary code of FSAAAIAB, Mid-Cap Equity (Active). Its NAICS code is 523940 and its SIC code is 6282.