5 Best Space Stocks To Invest In According To Hedge Funds

In this piece, we will take a look at the five best space stocks to invest in according to hedge funds. For more space stocks, head on over to 11 Best Space Stocks To Invest In According To Hedge Funds.

5. Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD)

Number of Hedge Fund Investors in Q4 2022: 39

Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) is one of the oldest rocket companies in the U.S., which also made the F1 engines that sent astronauts to the Moon. Currently, its engines power the SLS rocket, after also having flown the Space Shuttle. The firm is based in El Segundo, California.

By the end of Q4 2022, 39 of the 943 hedge funds polled by Insider Monkey had bought Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD)’s shares. The firm’s largest investor in our database is Warren Lichtenstein’s Steel Partners which owns 3.5 million shares that are worth $201 million.