Asset Management One 13F: Adds $6.5M to SPCX Stake
Key Points
- Asset Management One's reported value for its SPCX position is about $35.87 million, representing a 21.9% increase from its previous holdings.
- Asset Management One held 237,768 $SPCX shares at quarter end, up 21.94% from the prior quarter.
- The stock closed at $148.58 on October 27, 2026, and is currently trading around $148.59, remaining about equal to its closing price.
- Analysts maintain a consensus 'buy' rating for SPCX, with a mean price target of $256.59, indicating strong growth potential.
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Asset Management One boosted its stake in Space Exploration Technologies Corp. (SPCX) by 42,773 shares in a filing on October 27, 2026. This brings its total holdings to 237,768 shares, valued at approximately $35.87 million.
SPCX
Space Exploration Technologies Corp.
Asset Management One vs. the S&P 500
Hypothetical returns from Asset Management One's disclosed trades, not real profit or advice. How we model this.
What Changed in Asset Management One's Space Exploration Technologies Position
Asset Management One added 42,773 shares to its position in Space Exploration Technologies, marking a 21.9% increase. The fund's reported value for this position is now about $35.87 million, which accounts for 0.26% of its total reported 13F value.
Where Space Exploration Technologies Fits in Asset Management One's Portfolio
This position ranks 37th out of 940 holdings in Asset Management One's portfolio.
Other Institutional Activity in Space Exploration Technologies
Several other funds have also made moves in Space Exploration Technologies recently. NTV Asset Management added 29,772 shares, bringing its total to 29,772 shares valued at about $4.49 million. HB Wealth Management increased its holdings by 70,889 shares, totaling 70,889 shares worth about $10.69 million. Additionally, Royal Fund Management boosted its stake by 56,322 shares, ending with 84,464 shares valued at approximately $12.74 million.
Space Exploration Technologies Corp. Stock Up 0.7%
The stock closed at $148.58 on October 27, 2026, and is currently trading around $148.59. It remains about equal to its closing price, but it is below its 50-day moving average of $149.38 and well below its 52-week high of $225.64.
Recent Earnings
In its latest earnings report, Space Exploration Technologies Corp. generated revenue of approximately $32.04 billion, showing a year-over-year growth of 161.4%. The next earnings report is scheduled for February 9, 2027.
Insider Buying and Selling at Space Exploration Technologies Corp.
Recently, CEO Elon Musk sold 11,390 shares on April 2, 2026, valued at about $1.20 million. Additionally, President Gwynne Shotwell sold 342,170 shares on September 22, 2026, valued at approximately $52.55 million.
Analysts Set New Price Targets
On October 21, 2026, several firms maintained their ratings on SPCX. Macquarie kept an 'Outperform' rating with a price target of $250. UBS and Citigroup both maintained 'Buy' ratings, with targets of $230 and $240, respectively. The consensus among analysts is a 'buy' rating with a mean price target of $256.59.
About Space Exploration Technologies Corp.
Space Exploration Technologies Corp. provides satellite-based broadband services in the U.S. and internationally. It designs and launches reusable rockets for space access. This recent increase in ownership by Asset Management One suggests continued interest in its growth potential.
Bottom Line
Investors will be watching for the upcoming earnings report on February 9, 2027, and any further updates regarding institutional activity in Space Exploration Technologies. The recent boost in shares by Asset Management One reflects a positive outlook for the company.
Related Filing Alerts
Source: Asset Management One's 13F filing on $SPCX (Oct 27, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts