Michael Gelband ExodusPoint Capital Management
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$614M |
| 2 |
Apple
AAPL
|
+$443M |
| 3 |
BLD
TopBuild
BLD
|
+$391M |
| 4 |
SPCX
SpaceX
SPCX
|
+$329M |
| 5 |
Penumbra
PEN
|
+$203M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.96B |
| 2 |
NVIDIA
NVDA
|
+$425M |
| 3 |
SNDK
Sandisk
SNDK
|
+$88M |
| 4 |
Southern Company
SO
|
+$80.6M |
| 5 |
PPL
PPL Corp
PPL
|
+$74.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.4% |
| 2 | Industrials | 13.64% |
| 3 | Consumer Discretionary | 9.5% |
| 4 | Healthcare | 7.9% |
| 5 | Financials | 5.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Tower Semiconductor
TSEM
$25.2B
| $10.7M | 0.07% |
41,081
-9,804
| -19% | -$2.35M |
|
277
Sanmina
SANM
$10.1B
| $10.7M | 0.07% |
42,124
-4,911
| -10% | -$1.08M |
|
278
Atlassian
TEAM
$43.5B
| $10.6M | 0.07% |
+135,847
| New | +$11.1M |
|
279
Floor & Decor
FND
$5.78B
| $10.5M | 0.07% |
176,971
-51,988
| -23% | -$2.63M |
|
280
Tandem Diabetes Care
TNDM
$1.55B
| $10.4M | 0.07% |
691,789
+58,890
| +9% | +$1.03M |
|
281
Zscaler
ZS
$29.4B
| $10.4M | 0.07% |
+73,693
| New | +$10.3M |
|
|
ECHO
282
EchoStar
ECHO
$25.2B
| $10.3M | 0.07% |
+101,836
| New | +$12.4M |
|
283
NewAmsterdam Pharma
NAMS
$3.33B
| $10.3M | 0.07% |
+304,334
| New | +$10M |
|
284
Hewlett Packard
HPE
$70.8B
| $10.3M | 0.07% |
228,473
-388,163
| -63% | -$14M |
|
285
Viavi Solutions
VIAV
$9.6B
| $10.2M | 0.07% |
+214,204
| New | +$10.3M |
|
286
Snowflake
SNOW
$115B
| $10.2M | 0.07% |
+40,135
| New | +$7.39M |
|
287
Owens Corning
OC
$11.7B
| $10.2M | 0.07% |
64,106
-7,774
| -11% | -$945K |
|
288
XPeng
XPEV
$11.7B
| $10.2M | 0.07% |
768,310
+390,545
| +103% | +$6.19M |
|
289
Martin Marietta Materials
MLM
$32.1B
| $10.1M | 0.07% |
17,535
+12,664
| +260% | +$7.51M |
|
290
Graco
GGG
$13.1B
| $10.1M | 0.06% |
133,396
+127,552
| +2,183% | +$10.1M |
|
|
MZYX
291
MOZAYYX Acquisition Corp
MZYX
$373M
| $9.97M | 0.06% |
+1,000,000
| New | +$9.91M |
|
292
General Dynamics
GD
$104B
| $9.97M | 0.06% |
28,136
-30,346
| -52% | -$10.4M |
|
293
Amdocs
DOX
$6.41B
| $9.97M | 0.06% |
197,187
+12,410
| +7% | +$761K |
|
294
Abbott
ABT
$202B
| $9.97M | 0.06% |
+109,826
| New | +$10M |
|
|
BLD
295
CALL
DELISTED
TopBuild
BLD
| $9.96M | 0.06% |
+28,200
| New | +$11.6M |
|
|
VOYG
296
Voyager Technologies
VOYG
$2.34B
| $9.95M | 0.06% |
308,680
+35,178
| +13% | +$1.22M |
|
297
Mueller Water Products
MWA
$3.89B
| $9.92M | 0.06% |
+384,201
| New | +$10.3M |
|
298
Core & Main
CNM
$8.4B
| $9.72M | 0.06% |
+201,418
| New | +$9.96M |
|
|
PURR
299
Hyperliquid Strategies Inc
PURR
$2.12B
| $9.7M | 0.06% |
+1,233,114
| New | +$9.13M |
|
300
Vicor
VICR
$9.25B
| $9.68M | 0.06% |
25,493
+13,588
| +114% | +$3.71M |
|
Similar funds
Michael Gelband's Q2 2026 Portfolio in Review
As of Q2 2026, Michael Gelband held 2,230 positions worth $15.5B, up 23% from $12.6B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Michael Gelband deployed $1.45B of net new capital in Q2 2026, opening 735 new positions and adding to 384 existing holdings. Its largest new stake was SpaceX: 1,938,935 shares worth $331M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Tesla, an estimated $1.96B trimmed.
- Michael Gelband's largest Q2 2026 buy was SpaceX: 1,938,935 shares worth $331M.
- Michael Gelband added most to Amazon in Q2 2026, an estimated $614M increase.
- Michael Gelband's biggest Q2 2026 reduction was Tesla, cutting an estimated $1.96B.
- Michael Gelband fully exited Southern Company in Q2 2026, selling an estimated $80.6M.
- Michael Gelband's ten largest holdings make up 31% of its $15.5B portfolio in Q2 2026.
- Michael Gelband opened 735 new positions and closed 720 in Q2 2026.
- Michael Gelband's portfolio value rose 23% quarter-over-quarter to $15.5B.
Based on ExodusPoint Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.