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Nate Geraci questions the behavior of active fund managers who have expressed concerns about SpaceX being added rapidly to indexes. He suggests that these managers will ultimately purchase the stock themselves in order to keep pace with index performance.
Geraci also remarks on what he calls the ongoing 'closet indexing' trend among active managers.
Geraci previously predicted heavy demand for the anticipated SpaceX IPO, with both clients and retail investors seeking allocations. He has also highlighted recent coverage of leading chip sector stocks and raised concerns about a potential market bubble. These topics have been a focus in his recent commentary.