Here's a look at the funds that own SpaceX stock.
• Procure Space ETF stock is at critical resistance. Why did UFO hit a new high?
Top Funds for SpaceX Exposure
There used to be a limited number of ETFs that offered exposure to the space sector, with the Procure Space ETF (NASDAQ:UFO) the first pure-play for the sector. That ETF might be waiting to add SpaceX stock exposure until the company is officially public.
Some mutual funds and ETFs offer exposure ahead of the IPO, according to data compiled by Bloomberg ETF writer James Seyffart.
These are the current top 10 funds (mutual funds and ETFs) that have SpaceX stock based on the weighting of the space company in the fund. Here are the funds and the percentage of assets SpaceX represents.
Baron Partners Fund (BPTRX): 33% of assets
Baron Asset Fund (BARAX): 25.5%
Baron Focused Growth Fund (BFGFX): 21.2%
Baron Global Opportunity Fund (BGAIX): 20.5%
ERShares Private-Public Crossover ETF (NASDAQ:XOVR): 20%
The Private Shares Fund (PRIVX): 18.3%
Baron Opportunity Fund (BIOPX): 15.4%
Baillie Gifford US Growth Trust PLC (USA): 11.4%
Ark Venture Fund (ARKVX): 10.3%
Tema Space Innovators ETF (NYSE:NASA): 10.2%
It shouldn't come as a huge surprise that the funds from Baron Capital have large weightings for SpaceX. Ron Baron has been a big believer in SpaceX for years and one of the company's biggest bulls
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