Gf Fund Management 13F: Adds $125M to SPCX Stake
Key Points
- Gf Fund Management's latest filing reveals a significant increase of 825,270 shares in Space Exploration Technologies Corp., raising its total to 901,279 shares.
- The fund's reported value in SpaceX now stands at about $1.36 billion, reflecting a 3.2% weight in its overall portfolio.
- Analysts maintain a positive outlook on SpaceX, with a consensus price target of $257.49, while the stock recently traded around $146.90.
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Gf Fund Management has boosted its position in Space Exploration Technologies Corp. (SPCX) by 825,270 shares, bringing its total holdings to 901,279 shares valued at approximately $135.97 million as of October 26, 2026. This information comes from the fund's latest Form 13F filing with the SEC, which covers the quarter ending September 30, 2026.
SPCX
Space Exploration Technologies Corp.
Where Space Exploration Technologies Fits in Gf Fund Management's Portfolio
This stake now represents 3.2% of Gf Fund Management's total reported value of $4.25 billion. The increase of 1085.75% in shares shows a significant commitment to SpaceX, although the fund's overall rank for this position is 13 out of 616 holdings.
Other Institutional Activity in Space Exploration Technologies
In addition to Gf Fund Management, several other institutional investors have significant stakes in Space Exploration Technologies. Alphabet Inc. holds 551,189,500 shares valued at about $80.97 billion, while Valor Management LLC has 503,414,530 shares worth approximately $73.95 billion. Vy Capital Management Co. Ltd. also has a notable position with 271,811,500 shares valued at around $39.93 billion.
Space Exploration Technologies Corp. Stock Down 0.4%
As of October 26, 2026, SpaceX shares closed at $146.90, about equal to its recent trading price. The stock is currently trading below its 50-day moving average by 1.6% and 34.9% below its 52-week high of $225.64, but it is 40.1% above its 52-week low of $104.83.
Recent Earnings
Space Exploration Technologies reported trailing twelve-month revenue of approximately $32.04 billion, with a year-over-year revenue growth of 161.4%. The next earnings report is expected on February 9, 2027.
Insider Buying and Selling at Space Exploration Technologies Corp.
Recently, Elon Musk, the CEO of SpaceX, sold 11,390 shares on April 2, 2026, for about $1.2 million. Additionally, President Gwynne Shotwell sold 342,170 shares on September 22, 2026, worth approximately $52.55 million.
Analysts Set New Price Targets
On October 21, 2026, Macquarie maintained an Outperform rating with a price target of $250.00 for SpaceX. UBS also kept a Buy rating with a target of $230.00, while Citigroup set its target at $240.00. B of A Securities and Pivotal Research have similar Buy ratings with targets of $275.00 and $260.00, respectively.
About Space Exploration Technologies Corp.
Space Exploration Technologies Corp., known as SpaceX, is an aerospace manufacturer and space transportation company based in Starbase, Texas. The company provides satellite-based broadband services and designs reusable rockets for space access, which positions it as a leader in the aerospace and defense industry.
Bottom Line
Investors should watch for SpaceX's next earnings report on February 9, 2027, as Gf Fund Management continues to expand its stake in the company. The recent boost in shares indicates a strong belief in SpaceX's future growth potential.
Related Filing Alerts
Source: Gf Fund Management's 13F filing on $SPCX (Oct 26, 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