Step Capital Management Invests in Crocs

New position in popular footwear brand adds to portfolio

Apr. 6, 2026 at 10:56am

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Step Capital Management Pte. Ltd. purchased a new position in shares of Crocs, Inc. (NASDAQ:CROX) during the 4th quarter, according to the company's recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 20,000 shares of the textile maker's stock, valued at approximately $1,710,000.

Why it matters

This investment by Step Capital Management, a Singapore-based firm, signals continued confidence in Crocs' growth potential as the brand maintains popularity and expands its product lines. Crocs has seen its stock price fluctuate in recent years, making strategic investments by institutional investors noteworthy.

The details

According to the filing, the 20,000 Crocs shares purchased by Step Capital Management make up approximately 0.8% of the firm's investment portfolio, making Crocs its 15th largest position. Several other hedge funds and institutional investors have also adjusted their Crocs holdings in recent quarters, indicating ongoing Wall Street interest in the footwear company.

  • Step Capital Management made the Crocs investment in the 4th quarter of 2025.

The players

Step Capital Management Pte. Ltd.

A Singapore-based institutional investment firm that has purchased a new position in shares of Crocs, Inc.

Crocs, Inc.

A global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction.

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The takeaway

This investment by Step Capital Management underscores the continued appeal of the Crocs brand and the company's ability to attract institutional investor interest, even as its stock price has fluctuated. It signals that major financial firms see long-term growth potential in the iconic foam clog maker.