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
+18.5%
1 Year Est. Return
+38.81%
3 Year Est. Return
+110.53%
5 Year Est. Return
+124.16%
10 Year Est. Return
–
AUM
$15.5B
AUM Growth
+$2.94B
Cap. Flow
+$1.45B
Cap. Flow %
9.35%
Top 10 Hldgs %
30.63%
Holding
2,230
New
735
Increased
384
Reduced
378
Closed
720

Top Buys

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$614M
2
AAPL icon
Apple
AAPL
+$443M
3
BLD
TopBuild
BLD
+$391M
4
SPCX
SpaceX
SPCX
+$329M
5
PEN icon
Penumbra
PEN
+$203M

Top Sells

Rank Stock Value
1
TSLA icon
Tesla
TSLA
+$1.96B
2
NVDA icon
NVIDIA
NVDA
+$425M
3
SNDK
Sandisk
SNDK
+$88M
4
SO icon
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
DVN icon
326
Devon Energy
DVN
$54B
$8.75M 0.06%
211,816
+11,210
+6% +$520K
URBN icon
327
Urban Outfitters
URBN
$6.36B
$8.71M 0.06%
+122,936
New +$8.76M
DHR icon
328
Danaher
DHR
$154B
$8.69M 0.06%
45,615
-181,261
-80% -$32.9M
UNF icon
329
Unifirst Corp
UNF
$5.25B
$8.68M 0.06%
32,804
+29,815
+997% +$7.79M
HUT
330
Hut 8
HUT
$9.97B
$8.67M 0.06%
75,136
-100,427
-57% -$9.74M
DNLI icon
331
Denali Therapeutics
DNLI
$3.98B
$8.66M 0.06%
+336,567
New +$6.92M
LEA icon
332
Lear
LEA
$8.56B
$8.63M 0.06%
64,384
+7,636
+13% +$1.02M
SAAQ
333
Space Asset Acquisition Corp
SAAQ
$8.62M 0.06%
845,000
+95,000
+13% +$976K
CARG icon
334
CarGurus
CARG
$3.28B
$8.61M 0.06%
+252,512
New +$8.18M
PINS icon
335
Pinterest
PINS
$13.3B
$8.54M 0.06%
+405,884
New +$8.16M
TEM
336
Tempus AI
TEM
$13.1B
$8.53M 0.05%
+147,225
New +$7.38M
FHN icon
337
First Horizon
FHN
$11.7B
$8.53M 0.05%
+332,556
New +$8.11M
TSLA icon
338
Tesla
TSLA
$1.43T
$8.45M 0.05%
20,084
-4,915,916
-100% -$1.96B
TT icon
339
Trane Technologies
TT
$99.8B
$8.44M 0.05%
17,190
-3,455
-17% -$1.62M
KMX icon
340
CarMax
KMX
$8.82B
$8.41M 0.05%
159,067
+30,248
+23% +$1.32M
COR icon
341
Cencora
COR
$60.7B
$8.4M 0.05%
29,694
-27,831
-48% -$8.02M
FNF icon
342
Fidelity National Financial
FNF
$12.7B
$8.34M 0.05%
+176,862
New +$8.57M
BYD icon
343
Boyd Gaming
BYD
$5.87B
$8.31M 0.05%
94,086
+17,092
+22% +$1.45M
AGNC icon
344
AGNC Investment
AGNC
$12.9B
$8.3M 0.05%
761,416
+513,797
+207% +$5.41M
BC icon
345
Brunswick
BC
$5.24B
$8.26M 0.05%
98,094
-43,795
-31% -$3.51M
RVMD icon
346
Revolution Medicines
RVMD
$44.9B
$8.24M 0.05%
44,020
+33,484
+318% +$4.89M
HIG icon
347
Hartford Financial Services
HIG
$36.9B
$8.22M 0.05%
62,044
+45,721
+280% +$6.11M
DINO icon
348
HF Sinclair
DINO
$17.3B
$8.2M 0.05%
117,708
-7,410
-6% -$493K
NVO
349
Novo Nordisk
NVO
$207B
$8.18M 0.05%
+170,652
New +$7.33M
TLT icon
350
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
$8.11M 0.05%
93,862
-46,122
-33% -$3.96M
12 13
14
15 16

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 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.