We are live on ! Find out more
MG

Michael Gelband ExodusPoint Capital Management

AUM $15.5B
1-Year Est. Return 38.81%
 

Michael Gelband is a co-founder of ExodusPoint Capital Management, a multi-strategy hedge fund launched by veterans of larger alternative platforms. The firm pursues diversified strategies across asset classes with a focus on risk-managed absolute returns. Gelband’s firm is followed as part of the newer generation of multi-strategy complexes.

This Fund
S&P 500
This Quarter Est. Return
+11.23%
1 Year Est. Return
+38.81%
3 Year Est. Return
+110.53%
5 Year Est. Return
+124.16%
10 Year Est. Return
–
AUM
$6.89B
AUM Growth
-$756M
Cap. Flow
-$1.22B
Cap. Flow %
-17.71%
Top 10 Hldgs %
11.48%
Holding
2,335
New
504
Increased
473
Reduced
598
Closed
751

Top Buys

Rank Stock Value
1
DUK icon
Duke Energy
DUK
+$67.5M
2
LNT icon
Alliant Energy
LNT
+$42.1M
3
APA icon
APA Corp
APA
+$40.9M
4
DTE icon
DTE Energy
DTE
+$39.4M
5
AAPL icon
Apple
AAPL
+$39M

Top Sells

Rank Stock Value
1
EXC icon
Exelon
EXC
+$79.2M
2
EOG icon
EOG Resources
EOG
+$69.3M
3
HUBB icon
Hubbell
HUBB
+$48.9M
4
NXST icon
Nexstar Media Group
NXST
+$41.9M
5
DINO icon
HF Sinclair
DINO
+$41.5M

Sector Composition

Rank Sector Weight
1 Industrials 16.12%
2 Technology 12.53%
3 Utilities 11.68%
4 Healthcare 10.47%
5 Energy 10.2%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ESPR
251
DELISTED
Esperion Therapeutics
ESPR
$7.3M 0.11%
1,171,799
+806,848
+221% +$5.77M
AVB
252
DELISTED
AvalonBay Communities
AVB
$7.29M 0.11%
45,140
+21,796
+93% +$3.71M
ALLO icon
253
Allogene Therapeutics
ALLO
$722M
$7.29M 0.11%
1,158,701
+935,460
+419% +$8.66M
ECL icon
254
Ecolab
ECL
$78.9B
$7.27M 0.11%
49,918
-13,873
-22% -$2.04M
TSN icon
255
Tyson Foods
TSN
$20.6B
$7.23M 0.1%
116,138
+59,168
+104% +$3.85M
ASPN icon
256
Aspen Aerogels
ASPN
$430M
$7.19M 0.1%
609,538
+469,401
+335% +$5.36M
OIH icon
257
VanEck Oil Services ETF
OIH
$1.95B
$7.15M 0.1%
+23,520
New +$6.73M
MSCI icon
258
MSCI
MSCI
$41B
$7.15M 0.1%
+15,365
New +$7.15M
HRL icon
259
Hormel Foods
HRL
$13.1B
$7.14M 0.1%
+156,698
New +$7.3M
SRE icon
260
Sempra
SRE
$54.2B
$7.13M 0.1%
+92,306
New +$7.14M
CRM icon
261
Salesforce
CRM
$171B
$7.13M 0.1%
53,740
+19,897
+59% +$2.9M
MPC icon
262
Marathon Petroleum
MPC
$101B
$7.09M 0.1%
60,960
-111,019
-65% -$12.7M
CIEN icon
263
Ciena
CIEN
$56B
$7.06M 0.1%
138,522
+131,720
+1,936% +$5.96M
HIG icon
264
Hartford Financial Services
HIG
$36.9B
$7.04M 0.1%
92,795
+32,005
+53% +$2.3M
HUM icon
265
Humana
HUM
$45.5B
$7M 0.1%
+13,661
New +$7.18M
DLR icon
266
Digital Realty Trust
DLR
$70.5B
$6.98M 0.1%
69,615
-128,440
-65% -$13.1M
SBLK icon
267
Star Bulk Carriers
SBLK
$3.41B
$6.92M 0.1%
+360,000
New +$7.01M
TOL icon
268
Toll Brothers
TOL
$13.7B
$6.9M 0.1%
138,250
+26,632
+24% +$1.22M
BPMC
269
DELISTED
Blueprint Medicines
BPMC
$6.89M 0.1%
+157,367
New +$7.55M
LAC
270
DELISTED
Lithium Americas Corp. Common Shares
LAC
$6.88M 0.1%
363,275
+168,543
+87% +$4.09M
CSCO icon
271
Cisco
CSCO
$438B
$6.87M 0.1%
144,182
-217,553
-60% -$9.9M
GLW icon
272
Corning
GLW
$129B
$6.7M 0.1%
209,717
+149,717
+250% +$4.86M
IDXX icon
273
Idexx Laboratories
IDXX
$43.9B
$6.69M 0.1%
16,408
+6,842
+72% +$2.66M
NWE icon
274
NorthWestern Energy
NWE
$4.27B
$6.65M 0.1%
112,063
+29,041
+35% +$1.58M
QURE icon
275
uniQure
QURE
$3.36B
$6.62M 0.1%
291,887
+122,214
+72% +$2.64M
9 10
11
12 13

Similar funds

FGP
Freestone Grove Partners San Francisco, California $15.6B AUM 27.39% 1-Year Est. Return
MIFH
Migdal Insurance & Financial Holdings Petach Tikva, Israel $15.6B AUM 71.29% 1-Year Est. Return
GF
Gabelli Funds Rye, New York $15.7B AUM 36.4% 1-Year Est. Return
AIM
ARK Investment Management St. Petersburg, Florida $15.4B AUM 50.29% 1-Year Est. Return
Impax Asset Management Group
Impax Asset Management Group London, United Kingdom $15.4B AUM 26.43% 1-Year Est. Return
AA
Acorns Advisers Irvine, California $15.3B AUM 18.32% 1-Year Est. Return
OTPPB
Ontario Teachers' Pension Plan Board Toronto, Ontario, Canada $15.8B AUM 1.29% 1-Year Est. Return
NMIFOAC
National Mutual Insurance Federation of Agricultural Cooperatives Tokyo, Japan, Japan $15.3B AUM 24.71% 1-Year Est. Return

Michael Gelband's Q4 2022 Portfolio in Review

As of Q4 2022, Michael Gelband held 2,335 positions worth $6.89B, down 9.9% from $7.65B the previous quarter. Its ten largest holdings account for 11% of the portfolio.

Michael Gelband withdrew a net $1.22B in Q4 2022, closing 751 positions and reducing 598 holdings. Its most notable exit was Nexstar Media Group, an estimated $41.9M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 16% of assets, up from 14% a quarter earlier, followed by Technology and Utilities.

Against the trend, Michael Gelband opened a new position in Duke Energy worth $72.5M.

  • Michael Gelband's largest Q4 2022 buy was Duke Energy: 703,463 shares worth $72.5M.
  • Michael Gelband added most to Alliant Energy in Q4 2022, an estimated $42.1M increase.
  • Michael Gelband's biggest Q4 2022 reduction was Exelon, cutting an estimated $79.2M.
  • Michael Gelband fully exited Nexstar Media Group in Q4 2022, selling an estimated $41.9M.
  • Michael Gelband's ten largest holdings make up 11% of its $6.89B portfolio in Q4 2022.
  • Michael Gelband opened 504 new positions and closed 751 in Q4 2022.
  • Michael Gelband's portfolio value fell 9.9% quarter-over-quarter to $6.89B.

Based on ExodusPoint Capital Management's 13F filing for Q4 2022, filed 13 Feb 2023.