BPTRX
BARON PARTNERS FUND BARON PARTNERS FUND
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Not sure about SATS but DXYZ no fucking way. That trades way out of nav. BPTRX is a pure play Tesla and SpaceX bet. SpaceX position must be over 30% by now since the valuation went to 800 billion reportably
If the goal is to actually have ownership in SpaceX and not simply profit off its growth, then sure maybe Google is the better investment. But I’m here to make money as I’m sure most of you are. With $10,000 invested into Google, 0.73% would be going towards SpaceX versus 17.6% for BPTRX. And that’s assuming the valuation of spacex is 400 billion and not the recently purported 800 billion.
You’re info is wrong. 10 year CAGR of Google from 2005 to today is 23.8% and BPTRX is 21.9%
I doubt Spacex will go public. I dont think their financials are screaming for it for sure. Main revenue is from Starlink than launches. Starlink margins are very low. its easier to get big money from VC and keep running the company at very high valuations. I expect SpaceX, OpenAI, Anthropic, DataBricks, Stripe etc to remain private for a while. I would also agree with buying GOOG as indirect exposure rather than going with a Mutual fund for sure. Plus they are not owning 30% of SpaceX for sure. Their total asset value is just 9.5B and SpaceX is just 5.78% of it. [https://markets.ft.com/data/funds/tearsheet/summary?s=BPTRX](https://markets.ft.com/data/funds/tearsheet/summary?s=BPTRX)
And the 10 year annualized return of Google is 23.44% while BPTRX is 19.28% according to my data. I’d say that’s not bad for a mutual fund. I’ve read it’s the best performing mutual fund of all time
What are you a Google fanboy? This isn’t a discussion of whether Google or SpaceX is the better investment. It’s simply what will give you more exposure to SpaceX. And the answer is clearly BPTRX
The mutual fund BPTRX has a 20-30% holding in SpaceX now.
False. Reddit doesn’t know what a mutual fund is. If they did they would know BPTRX has a 30% holding in SpaceX. I’ve held the fund since 2019 and have benefited in the growth of SpaceX. The fund was up 20% last Friday, one day alone, because SpaceX went to 800 billion valuation.
BPTRX was up 20% today all due to increased SpaceX valuation
BPTRX has an 18.1% holding and trades at 100% NAV with a 2% annual management fee
BPTRX is 18.1% and trades at 100% NAV
BPTRX. Mutual fund with like 30% holding in SpaceX. Has a high management fee-1.5% I think but it’s worth it. The last time SpaceX valued themselves (I think it was 500 billion?) the fund jumped 10% in a day due to it.
BPTRX. 18.1% SpaceX. 30.6% Tesla.
You can invest in SpaceX via BPTRX if you feel you must and not have to invest with Cathie.
Baron Partner $BPTRX has 30% $TSLA and 11% SpaceX
BPTRX, BARON SELECT RETAIL CL is 5% SpaceX
Well, that aside, I’m just talking about the cool conference you get invited to for owning baron funds. They also have a 13% holding in SpaceX in their flagship fund BPTRX. Some left leaning customers might be holding off on buying Teslas because of his politics but that doesn’t apply to SpaceX. He also doesn’t speak every year.
Baron Partners Fund (BPTRX) has ~15% allocation to SpaceX (but it charges ~2% fees)
The most important thing to remember and understand: 1) The Power of Compounding: If you look at any investment calculator you can calculate potential investment returns over 20-30 years. It’s never too late to invest. If you just invested 50k in the SPY today with a $200 monthly contribution over the next 20 years, you will have roughly $1.2M. Over 30 years, you would have 5M. If you start with just a 10k balance and saved $200 monthly, you would have $1.2M. The point is, it’s never too late. 2) Buy great companies, with great CEOS, that have a track record quarter after quarter of delivering strong growth. $PLAB, $CLS, $INFA, $ENPH, $NVDA, $UBER to name a few. Develop a passion for investing, and make the time to educate yourself. Read quarterly earnings reports of the companies you invest in, or listen to earnings calls. Keep CNBC streaming in background. By understand what’s going on in the market, you will make better and better decisions. 3) For a more hands off approach, seek mutual funds with the best track record. The two best funds of last 10 years are $FSELX and $BPTRX. Both funds have an annualized returns of 20%+ every year for last 10 years. That means if you just bought those two funds and held them you would beat my SPY compounding example above by 5 %. That nets you $5Ms on a $10k starting balance over 30 years. 4) Stay invested in good companies. You will never time the market. Trust me, I’ve tried. Learn from my pain. Own it, don’t trade it forces you to buy quality. 5) Get passionate, and educate yourself about the tax code. Phantom income in the form of tax savings is real income. Understand the power of good leverage, and leverage the bank by investing in real estate instead of letting the bank leverage you with credit card debt. Read the following books: Rich Dad Poor Dad, Market Wizards, Confessions of Street Addict. Understand the history of the market and pay it forward. Finally, the biggest myth is most people don’t realize that no matter how much money you make, you can be a millionaire if you invest and save.
>how to get a piece of Starlink and SPacex BPTRX
Also through BPTRX but with the caveat half of the fund being in Tesla, which I quite like. Unsure on Ark's percentage but believe their Space X holding is around 9%. So similar.
I own shares in my mutual fund BPTRX…spacex is 10% of the fund.
PSA: if you’re looking for Cathie Wood investment style but done competently, check out Baron Funds, especially Baron Partners Fund (BPTRX). Same obsession with Tesla, tech, fast pace growth, but generally higher quality and more profitable names and a phenomenal long term track record, as opposed to Cathie’s one hit wonder 2020 year. The fund has returned more than 20% annually over the past ten years, which is insane for a mutual fund format product. Yes, it uses leverage and yes, it has a high expense ratio. But these managers clearly have a growth strategy that is durable/repeatable and is the rare example of active managers who earn their fees. I don’t even like growth investing but I have a percentage allocated to them because you can’t argue with that performance.
Hard to know given the lack of disclosure about Alphabet’s Spacex holding but from the numbers that people are suggesting it sounds like it might represent around 1% of their valuation, so while not a reason in and of itself, if someone is inclined to hold Alphabet it’s some bonus exposure. Without knowing more about private equity options sounds like BPTRX offers more exposure.
BPTRX is showing 12.28% spacex from Morningstar calculations! Ron Barons other fund BFGFX has spacex also over 10%!
BPTRX, Barron Partners. they have around 7% last i checked in SpaceX. Space is opening back up. What’s happening over the last 10 years and the next 20-40 years? world transitioning _from_ fossil fuels _to_ renewables, Solar, Wind, Batteries. Solar & Wind is “virtually zero marginal cost energy” in that the fuel is free, wind and sun, but collectors cost, wind turbines and PV panels. PV cost $1,600/watt (appx) in 1956, $101/watt 1974, now maybe 50cents per watt or less. Wind is less expensive batteries buffer the peaks and valleys of demand way less expensive than peaked plants and don’t pollute by burning fossil fuels. humans are going back to space, the moon, Mars, solar system. SpaceX is the only company that has 100% _reuseable_ rockets. the only way to invest in them is indirectly. Ron Barron of Barron Funds believes in SpaceX and Tesla and his funds have become filthy rich. you can get a tiny slice. I personally own ENPH and TSLA. Enphase has inverters for PV systems that will microgrid and aggregated can form VPP’s , Virtual Power Plants, basically distributed generation loosely aggregated into megawatt and gigawatt size power plants with little to no losses in T&D, transmission and distribution (2-4 cents a kilowatt) cheaper to send electrons a few hundred feet from your roof etc that 20-30 miles. (centralized fossil fuel plants will go away, as will their revenue streams.) whatever you do, HODL, (hold on for dear life) don’t trade or you will buy high sell low and lose _everything_. if i had just bought and held, not traded, i would be at least 20x richer, i lost 95% of present and future wealth by needing “action” of the trades, that’s not investing. VOO is the S&P500 and moderately safe. i’m 100% in ENPH and TSLA since around 2016 or i would have BPTRX Ron Baron Partners fund solely for SpaceX and (also for TSLA which is presently at a low) You might also investigate Tony Seba’s videos and RethinkX and his predictions, he has been way correct very often. there are a lot of changes coming in transportation, food, energy, space exploration look up cultured meat. If you could grow meat in a factory far cheaper than a farm that tastes exactly the same and same texture as a simple idea, that is becoming reality. hope this gives you ideas (oh, and the market is rigged against you)
he also have the biggest stake on Space X you can find publicly, something like 5% on BPTRX, if tesla wasnt such a bloated pos id be long his fund.
What do you all think about BPTRX?? 49% TESLA -5% SPACE X
Mutual fund BPTRX is 6.9% SpaceX as of 7/31 and 46% TSLA. Holdings can change at any time though. As others have noted, not a public co so can't invest.
I currently own the following stocks, most of which are in red. What should I do next? Add more DCA or wait for three/6 months to add shares. Alphabet Class A 16.54% Airbnb 15.73% Amazon 9.11% Boeing 7.34% Lucid Group 5.89% Walt Disney 4.77% Apple 4.57% Meta Platforms 4.51% Uber Technologies 4.46% Schwab S&P 500 Index Fund- Select Shares(SWPPX) 4.14% Taiwan Semi 2.95% Baron Partners Fund (BPTRX) 2.7% Schwab Total Stock Market Index Fd Select Shs a Series of Schwab Capit(SWTSX) 2.63% Shopify 1.94% Schwab International Index Fund - Select Shares(SWISX) 1.91% American Eagle 1.79% Marvell 1.4% Polestar Automotive Holding UK 1.34% Paypal Holdings 1.29% Advanced Micro Devices 1.27% Palantir Technologies 1.24% Salesforce 0.69% Roblox 0.66% American Lithium 0.28% SoFi Technologies 0.26% Senseonics Holdings 0.25% American Airlines 0.19% ETFMG Travel Tech ETF(AWAY) 0.13%
This is a bit late but Scottish Mortgage Investment Trust also holds SpaceX. They have less exposure than BPTRX (2% vs. 5%) but they have a more diversified portfolio and a lot of other companies I personally find more interesting (Epic Games, Northvolt, Stripe, ByteDance).
TSLA down 6-7% and BPTRX with a 50% holding is down less than 1% today? That can't be right.
>y I like Elon Musk. You don't have to but I do. What is the move if I have a couple hundred to speculate with? Buy TWTR so I can vote yes in any tender offer or don't buy TWTR so I don't push the price up i like him too, he should be president... hell he should be emperor or something. but to answer get BPTRX, they have 50% tesla and 5% space X
BPTRX is a mutual fund with 5% exposure to SpaceX, but comes with a fee of course
I am heavily invested in space stocks. It’s just my jam, and something I want to succeed. SpaceX may never go public. It is possible to invest now, as an accredited investor. But you’ll have to look that up on your own. Not worth it, IMO. The most exposure to SpaceX you’re going to get is BPTRX. Google has pretty paltry exposure. But you’d be buying Google pre-split, so that’s nice (if you’re into Google). There’s also RKLB, which is where I’ve focused for now.
If you buy the mutual fund BPTRX, a good 5% of their holdings is SPACEX. And it’s actually a double win for you Tesla fan boys - 45% of their holdings is TSLA.
BPTRX has a huge ER (1.56%) and a 50% allocation to TSLA. I absolutely hate paying capital gains (long or short), but sometimes you need to take profit. I wouldn’t want to hold this fund long term. If you have any losers, you can offset capital gains up to 3k in US. Usually sell those losers at end of year.
Yeah funds in retirement accounts are where they should be. No cap gains bruh just get to let it ride without creating any taxable events. Look at CPOAX and BPTRX
I'm 25 and about to graduate with my undergrad in chemical engineering soon. I'm about to start making some actual money, so I started putting some real thought into investing. My starting salary at my job after graduation will be $70k per year before taxes. I live in the US and don't have any kids. The only debt I have is a car loan worth around $14,500 (6.19% APR). No student debt because the National Guard took care of it. I'd love to have passive income for the majority of my life, mostly because I'd like work to be an optional thing rather than a necessary one. Would it be extra stupid to throw a lot of money toward a large growth mutual fund over the next ten years to accrue enough money to begin income investing with large value funds/bonds/real estate? I would probably reinvest a percentage of the income early on to promote further growth. I would also be contributing 20% of my income to a Roth 401k, just in case. Wasn't sure if I was missing something because it seemed pretty doable. Maybe I'm not taking the full scope of risks or taxes into account? \[Example quick math: $2.5k initial investment into BPTRX with $2k monthly investments over 10 years (@ approx. 28% return, with 1.56% expense ratio) leads to approx. $1.1M. Dividend calculations past that are a little iffy, but figures seem like they'd be around $40k per year, ramping up to around $100k per year over 40 years.\] Please show me the light and tell me that I'm stupid if there is a better strategy.
I hold tesla indirectly through mutual fund BPTRX. So even if it tesla eventually drops, the mutual fund would probably have inside info to sell right before the drop so I don’t lose? Hopefully at least
BPTRX is a mutual fund that has 4.67% in SpaceX. 45% of the fund is in Tesla. So a large chunk of Elon companies. I found it through Fidelity and own some shares.
Big fan of Ron Baron. BPTRX has been my top performing mutual fund over the years
How the fuck does TSLA have like a 600% year and STILL go up 30% the next, beating the S&P. Fucking insane. I wish I bought shares. At least I've been invested in this mutual fund BPTRX that has like a 50% holding so I have some partial exposure.